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Tickmill Review 2024

Tickmill is a global broker authorized by trusted regulators including the CySEC and the FCA. Over 660,000 traders have opened an account with the firm with more than 530 million trades executed. Advanced trading tools, educational content and low fees make this broker stand out from competitors. Minimum Deposit $100Trading Platforms

MT4, MT5, TradingViewInstruments

Forex, CFDs, indices, commodities, bondsBonus Offer

30% deposit bonusAccount Currencies

USD, EUR, GBP, PLNPayment Options

Skrill, Neteller, Visa, WebMoney, QIWI, Wire Transfer, FasaPay, Rapid Transfer, Perfect Money, Swift, Sticpay, Paysafecard, M-Pesa, GlobePay

Forex Trading

Trade 60+ major, minor and exotic currency pairs, including GBP/USD, EUR/GBP, and ZAR/USD, with spreads as low as 0 pips and ultra-fast execution speeds.

Stock Trading

Trade 500+ CFD stocks and ETFs with leverage up to 1:20 and no commission. You can also speculate on popular indices from major economies, including the US, EU and UK.

CFD Trading

Speculate on the price movement of 500+ instruments including forex, stocks, commodities and crypto with a low minimum deposit of $100. You can go long or short with leverage in line with regulatory requirements.


  • Best Commodities Broker 2020 – Rankia Markets Experience Expo
  • Best Trading Experience 2020 – Forex Brokers Award
  • Best Forex Execution Broker 2019 – CFI.co Awards
  • Best CFD Broker Asia 2019 – International Business Magazine
  • Best Forex CFD Provider 2019 – Online Personal Wealth Awards

✓ Pros

  • Strong suite of trading tools; MT4, MT5, VPS, Autochartist, Acuity, and forex calculators
  • Beginner-friendly educational content with user tutorials and analyst insights
  • Three live accounts with five base currencies and competitive pricing
  • Overseen by tier-one and tier-two regulators; FCA and CySEC
  • Above-average selection of funding methods including PayPal
  • 500+ markets including forex, stocks and commodities
  • Hedging and scalping permitted

✗ Cons

  • Services not available to clients from the US, Japan or Canada
  • Limited regulatory oversight if you sign up with the offshore branch
  • Telephone support available during office hours only


Tickmill is an award-winning ECN broker offering trading in forex, indices and commodities. This Tickmill review explores the MetaTrader 4 (MT4) trading platform, spreads, bonuses, plus deposit and withdrawal options. Find out whether you should sign up for a Tickmill account.

Tickmill Company Summary

Tickmill Ltd is a member of the global Tickmill Group, which consists of several trading companies established in the 1980s. Today, the broker operates in over 200 countries with an average monthly trading volume of 121bn+.

Its headquarters are in London but the company has multiple offices worldwide and its clients can be found everywhere from Indonesia, South Africa, and Tanzania, to Vietnam, Estonia, Australia, and Malaysia.

Also part of the Tickmill Group Ltd is Tickmill Prime and Tickmill UK, registered in the Isle of Man.

Trading Platforms

MT4 Platform

Hugely popular due to its ease of navigation, dashboard customisation and suite of features, MT4 is the leading forex trading platform.

Traders benefit from:

  • EA trading
  • Charting tools
  • 50+ indicators
  • Historical data centre
  • Order management tools
  • Advanced notification system

WebTrader Platform

As an online platform, the web-based interface doesn’t require a software download.

Features include:

  • 30+ indicators
  • 9 time frames
  • Real-time quotes
  • Intuitive interface
  • Customisable price charts

Popular Alternatives To Tickmill


Clients have access to a range of tradeable instruments:

  • Forex – Trade on 60+ major, minor and exotic currency pairs, including GBP/USD, EUR/GBP, and ZAR/USD
  • Stock indices – Access 14+ indices including the FTSE, DAX, Dow Jones (US30), and NASDAQ (Nas100)
  • Commodities – Trade on WTI oil and precious metals, such as gold (XAUUSD) and silver (XAGUSD)
  • Bonds – Trade a selection of German bonds

Spreads & Fees

The Tickmill Classic account is commission-free with variable spreads starting from 1.6 pips. For Pro and VIP account holders, spreads begin at zero pips with low commissions.

Transaction fees are covered up to $100, but dormant accounts may be charged an inactivity fee. Triple swap charges apply to positions held overnight.


The maximum leverage available is 1:500, but varies depending on the asset:

  • Stock indices – 1:100
  • Metals – 1:500
  • Bonds – 1:100
  • Oil – 1:100
  • FX- 1:500

A margin calculator and detailed information regarding margin requirements can be found on the Tickmill website.

Mobile App

Mobile trading is available on Android (APK) and Apple (iOS) devices and makes trading on the move straightforward while retaining almost all of the desktop features. Users can analyse markets, price trends, and trade directly from charts. Mobile traders can also deposit funds, withdraw profits, and use available bonuses.

Tickmill mobile trading

Payment Methods

Accepted payment methods include bank transfer, Visa/Mastercard, Skrill, Neteller and QIWI. The minimum deposit for Classic and Pro accounts is $100 and for a VIP account, it’s $5,000. The minimum withdrawal is $25. Payments are processed in EUR, GBP, USD and PLN.

To make a deposit or withdrawal, head to the Client Area. Customer reviews of the payment process are generally positive.

Demo Account

Tickmill offers a forex and CFD demo account. The practice account is a great opportunity to test the MT4 platform, new strategies and explore additional features, without the risk of losses. You can open a demo account from the broker’s homepage. The demo server also has rich market history data.

Deals & Promotions

Four promotional offers are available:

  • ‘Get Paid To Trade’ loyalty program – Earn up to $0.75 cash rebate per lot traded depending on your monthly volume
  • $30 welcome bonus – Set up and login to your account to withdraw your welcome bonus
  • Trader of the month – The top-performing trader earns a $1,000 free trading bonus
  • Predict the NFP – Win $500

For any issues claiming your deposit bonuses, see full bonus terms and conditions under the ‘Promotions’ tab. The customer support team can also assist with bonus queries.

Note, deals are not available to all account holders and in all jurisdictions. For clients trading with Tickmill UK and Tickmill Europe, access to promotions will be limited due to regulatory oversight.

Regulation & Licensing

Tickmill Ltd is regulated by the Seychelles Financial Services Authority (FSA). Tickmill UK Ltd is authorised by the Financial Conduct Authority (FCA). Tickmill Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC). These are reputable regulatory agencies and help contribute to the broker’s high trust rating.

Additional Features

Tickmill offers multiple additional features to assist traders, including:

  • Free VPS
  • News blog
  • Copytrade
  • TradingView
  • Economic calendar
  • One-click (EA) trading
  • Video tutorials & seminars
  • Forex & pip calculators
Tickmill economic calendar

Account Types

Tickmill offers three account types:

  • Classic – Trade CFDs on 62 currency pairs, major indices, bonds and commodities. Variable spreads start from 1.6 pips and there are no commissions. A Classic account is suitable for both beginners and experienced traders.
  • Pro – Aimed at experienced traders. Spreads from zero pips, commission payable on 2 currency units per side per lot (0.0020% notional). Stop and limit levels are 0. No commission on stock indices, oil and bonds.
  • VIP – An exclusive account for high volume traders. Commission payable on 1 currency unit per side per lot. No commission on CFDs, stock indices, oil and bonds. Spreads from zero pips, minimum deposit $50,000.

An Islamic trading account is also available.

For issues regarding invalid account requests, check the list of accepted countries below or contact the customer support team.

Trading Hours

FX trading is available 24 hours, 5 days a week. German bonds can be traded between 00:00 to 23:00 GMT. Gold markets are open from Monday to Friday, 01:02 to 23:57 GMT and Silver Monday to Thursday from 01:00-24:00 GMT, and Friday 01:00 to 23:57 GMT.

Opening times for CFDs will depend on their respective market. Head to the official Tickmill website for more information. Trading hours can also be viewed in the MT4 terminal.

Customer Support

Customer support is available Monday to Friday 7:00 – 16:00 GMT via:

  • Phone – +852 5808 2921
  • Email – [email protected]
  • Live chat – chat logo on the right of the homepage

The support team can help with a range of queries, from registration and verification documents to swap-free conditions, forgotten passwords and account FAQs.

Additional information can be found on Tickmill’s LinkedIn and YouTube platforms.


Tickmill’s internal systems are FSA compliant, so client funds are held in segregated accounts. The broker adheres to industry safety standards and only offers secure deposit and withdrawal options. Negative balance protection is available to all clients.

Tickmill Verdict

Tickmill is a regulated broker offering the MT4 trading platform, a suite of additional resources, plus multiple account options. Take Tickmill’s services vs Pepperstone, XM, ZuluTrade or IC Markets, and traders benefit from competitive fees but sacrifice such a diverse product list.

Top 3 Alternatives to Tickmill

Compare Tickmill with the top 3 similar brokers that accept traders from your location.

  1. Vantage – Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
    Go to Vantage
  2. Pepperstone – Pepperstone is a leading online broker with over 400,000 clients in more than 175 countries. The top-rated brokerage offers excellent market access, industry-leading platforms in MT4, MT5, TradingView and cTrader, plus low fees with no hidden charges. Pepperstone is also heavily regulated with a high trust score, holding licenses with reputable bodies, including the FCA, ASIC, DFSA, and CySEC.
    Go to Pepperstone
  3. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.
    Go to AvaTrade

Tickmill Comparison Table

MarketsForex, CFDs, indices, commodities, bondsCFDs, Forex, Stocks, Indices, Commodities, ETFs, BondsCFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread BettingCFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
Demo AccountYesYesYesYes
Minimum Deposit$100$50$0$100
Minimum Trade0.01 Lots0.01 Lots0.01 Lots0.01 Lots
Bonus30% deposit bonus50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme20% Welcome Bonus up to $10,000
PlatformsMT4, MT5, TradingViewProTrader, MT4, MT5, TradingView, DupliTradeMT4, MT5, cTrader, TradingView, AutoChartist, DupliTradeWebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
Leverage1:5001:5001:30 (Retail), 1:500 (Pro)1:30 (Retail) 1:400 (Pro)
Payment Methods14121113

Compare Trading Instruments

Compare the markets and instruments offered by Tickmill and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Volatility IndexNoYesYesYes

Customer Reviews

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Tickmill LogoVisitTickmill is a global broker authorized by trusted regulators including the CySEC and the FCA. Over 660,000 traders have opened an account with the firm with more than 530 million trades executed. Advanced trading tools, educational content and low fees make this broker stand out from competitors.


Does Tickmill offer an Islamic account?

Yes, Tickmill offers a swap-free account, compliant with Sharia law. See the broker’s website for instructions on how to open an account.

Is Tickmill a true ECN broker?

Yes, Tickmill is an ECN broker and not a market maker. This arguably means clients benefit from lower fees and operate in a more transparent trading environment.

Is Tickmill available to US clients?

No, services are not available to those from the US. Traders from Canada, Japan and some other countries are also unable to open real-money trading accounts.

Is Tickmill a good broker?

Tickmill is a highly regulated and well-established broker, offering the popular MT4 platform. With decent welcome bonuses and customer support also available, Tickmill a solid online broker.

Does Tickmill have the NASDAQ?

Yes, clients can trade on the NASDAQ. Tickmill traders also have access to a dozen or so other stock indices, plus 62 currency pairs, commodities, and German bonds.

Review Methodology

DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.

Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.

Find out more about how we test.

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