Overview
Tickmill's mission statement is to make trading a seamless and secure experience by providing advanced tools, exceptional pricing, and top-of-the-line customer support. The vision of Tickmill is to provide services not only regionally but also spread across a global magnitude with innovative technology and services to revolutionize the forex industry.
- Founded
- 2014
Strengths and watchouts
- Multiple top-tier regulations
- Average execution speed of 20 milliseconds
- Below-average trading fees
- Selection of platforms
- Choice of trading instruments
- Robust supporting content and tools
- Limited Asset Variety: The offering of investments is less diverse with only 63 forex pairs and 725 tradeable symbols
- No Proprietary Platform: Lacks a proprietary platform, which might be a drawback for traders looking for a unique trading experience
Safety and regulation
Tickmill is regulated by top authorities like the Financial Conduct Authority (UK), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) from South Africa. It segregates the client's funds into a top-tier banking system, creating differentiation and ensuring that the deposit made by the client is protected. The broker also mentions negative balance protection for the traders so that they can be saved by the broker from losses that exceed deposited amounts.
- CySE
- FSA
- FCA
- DFSA UAE
- FSCA
- MiFID II
- FSCS
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- Commodities
- Share CFDs
- ETFs
- Indices
- Bonds
- Futures and Options
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Classic | $0 | 1.6 | 1:1 to 1:1000 |
| Raw | $0 | 0.0 | 1:1 to 1:1000 |
Fees and costs
Starting from 0.0 pips, Tickmill extends spreads on its Pro and VIP accounts. Besides, the commissions for these two accounts suggest that the minimum is two dollars per lot. The spreads get higher with the Classic Account but are commission-free. The costs that can be placed on overnight positions are certainly publicly declared. Islamic accounts are free from the swap fee. The brokerage typically assesses an inactivity fee on those accounts that have been dormant for a long period, a normal course of business for Tickmill's policy.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Frequently asked questions
Is the broker regulated?
What platform(s) can I trade on?
What is the minimum deposit required to open an account?
What are the types of accounts available at the broker?
Is there a cost for commissions form to be settled?
What is the highest leverage trading allowed? What is the leverage limit for the trading accounts available at Tickmill?
Are demo accounts available?
How do I connect with the helpdesk?
Where this broker is ranked
Reader reviews
Tecson Aaron B.
Feb 9, 2025
I've been a client of TM for the past two years and have had a consistently positive experience. The platform operates smoothly with competitive spreads, and I've never faced any issues with withdrawal times. Their customer support is quick to respond and genuinely helpful. A standout feature for me is the IB Program, which offers a fantastic opportunity to earn additional income from the trades made by my clients. In my opinion, TM is the top broker out there, and I have no plans to switch. Kudos to TM for their excellent service!
Mzwethu
Feb 9, 2025
This broker offers an intuitive platform, providing competitive spreads and timely updates on daily market trends. Very informative experience overall.
Gemma Saribay
Feb 9, 2025
This broker offers complimentary webinars tailored for newcomers, and I must say, the speaker is excellent. He breaks down complex topics, particularly fundamental analysis, in a way that's easy to grasp. His deep expertise in forex trading is evident, and he shares a wealth of insights from his years of experience. Having recently started trading on a live account, I'm impressed with the low spreads and commissions, which is why I strongly endorse this broker.
Showing 1–3 of 10 reviews