Tickmill Broker

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.

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.

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.