Regulation rating90%
Instruments rating50%
Platforms rating50%
Account types rating100%
Funding rating90%
Support rating100%


✅ Lifetime period
✅ Trusted licenses
✅ Variety of funding methods


❌ Lack of trading terminals
❌ Lack of instruments


Tickmill Review

The Tickmill broker operates as a large holding named Tickmill Group that was founded in 2014. Being regulated in 3 jurisdictions, the broker states that its client base is more than 115,000 customers and 270,000 opened accounts. The claimed average trading volume that clients generate monthly is equal to $125 billion. On the website of Tickmill, it is also noted that there are over 150 employees located in different offices of the company.

The company officially reveals on its website all the key team members so it adds an additional layer of transparency for potential customers. It is important because the majority of brokers do not show the decision-makers of the company and sometimes even do not show the license number.


Tickmill Group is being initially regulated by the Seychelles Financial Services Authority (FSA). As mentioned earlier, there are subsidiary companies of the group, like Tickmill UK LTD that operate under the Financial Conduct Authority (FCA) license. This license grant some security layer for the non-professional customers that are protected by the Financial Services Compensation Scheme (FSCS) and can recover funds up to a max deposit sum of 85,000 British pounds.

Tickmill Europe LTD is another one company of the Group and is a Cyprus Investment Firm (CIF) that operates under the license of the Cyprus Securities and Exchange Commission (CySEC). There also exists the Investor Compensation Fund (CIF) that have been mentioned in the EU Directive 2014/49/EU. Though, it is lower than the FCA funds amount available for potential recovery and is limited up to €20,000. Being registered by the top European regulators, all deposits of the clients are fully segregated due to the license rules and negative balance protection is in the list of available features also.

Feature Condition
Foundation year 2014
Publicly Traded on Exchange
Tier-1 Licenses CySEC, FCA
Tier-3 Licenses FSA

Regulation rating90%



As mentioned on the website of the broker, there are 4 asset classes available for trading:

  • Forex
  • Indices
  • Commodities (Metals and Oil)
  • Bonds

Among the available forex pairs, there are all the standard instruments that the majority of brokers have like majors, minors, and some exotic pairs. The total number of currency pairs is more than 60.

Indices are represented with some major ones like S&P500, NASDAQ, DAX, and others which totally equal to slightly more than 10 symbols.

Metals and Oil have only 4 symbols in the group so there is not a large set of options.

The last one asset type is the Bonds which is quite rarely used by the traders, though its presence is good for the ones that desire to trade it. There are only European bonds so in total there are only 4 instruments.

Unfortunately, the broker does not offer cryptocurrencies, that are being popular lately. There are also no agricultural CFD and Shares are not offered either.

Feature Condition
Major forex pairs
Minor forex pairs
Exotic forex pairs
UK shares
US shares
German shares
French shares

Instruments rating50%


Trading platforms

Tickmill, unfortunately, does not have a range of trading terminals and in fact, only MetaTrader 4 terminal is provided. In comparison to other brokers, like IC Markets or Roboforex, that offer a variety of platforms, including cTrader and proprietary ones, Tickmill is definitely at the end of that race.

The well-known MetaTrader 4 trading platform is available on the desktop as an application and from the browser as a web version (named WebTerminal). The main features of the platform are:

  • Fast order execution
  • 50 built-in technical indicators (with 3rd-party indicators ability to be used)
  • 3 types of orders (Limit, Market, Stop)
  • Algorithmic trading (with MQL4 language of MetaTrader 4)
  • One-click trading

Among the mobile applications in Tickmill, there is only an iOS and Android MetaTrader 4 terminal. It is well-known, that the mobile trading apps are slightly limited because there is a lack of functionality (no ability to install 3-rd party software or launch robots) in comparison to desktop platforms.  Still, the main functions like the possibility to trade, displaying asset prices, open trades with several order types, and charts are available.

Feature Condition
MetaTrader 4
MetaTrader 5
MetaTrader 4 iOS/Android
Proprietary Mobile Application
Web Terminal

Trading platforms rating50%


Account types and conditions

The registration and the account opening process could be done in a few steps. After the successful registration, there are available 3 types of accounts. They differ from each other by the minimum deposit, spreads, and commission. All the account types could be nominated in 3 fiat currencies like EUR, GBP, and USD. For accounts opened with the offshore company, the leverage is up to 1:500, while European based entity allows up to 1:50 only.

Pro Account – An account type for traders who prefer to have the commission separately charged and the minimum spread on the instruments.

Classic Account – The traders that prefer to have commissions built-in spreads so the account is treated as a zero commission.

VIP Account – The main feature of this account type is that the minimum balance on the account should be at least 50,000 USD or equivalent. The trading conditions are the same as on the Pro account, but the commissions are lower.

On all the account types it is possible to set them as Islamic and make swap-free. Though remember that swaps could be used to trade a separate strategy using the swap indicator.

Feature Condition
Demo account
Pro account
Classic account
VIP account
Islamic account

Trading conditions rating100%


Commissions and spreads

As stated above, the commissions and spread depend on the account types. Being objective, the conditions at Tickmill are competitive.

Pro accounts have spreads from 0 and the commissions charged are 2 per side per 100,000 traded volume.

On classic accounts, the spreads start from 1.6 pips which is fairly high though the commissions are equal to zero.

The VIP accounts, as mentioned earlier, are similar to Pro account types with the only difference in the commissions charged. On VIP accounts the commission is equal to 1 per side per 100,000 traded volume.

Commissions rating90%


Deposits and Withdrawals

Tickmill has a fairly large set of available funding methods so every trader will be satisfied to choose the desired one. For deposits, the broker does not charge any fees. Here is the list of deposit methods that are offered by the company:

  • Bank transfer
  • Credit/debit cards
  • Neteller
  • Skrill
  • China Union Pay
  • Paysafecard
  • Fasapay
  • Webmoney
  • Qiwi
  • Sofort
  • Rapid
  • Sticpay

In terms of the settlement, bank transfers can take up to several business days to be deposited, while the payments with a credit/debit card or any of the other payment systems are instant.

As well as for the deposits, Tickmill does not charge any fees for withdrawal. If anything is charged then it is the fee of the payment system itself, but not the broker. Withdrawals usually occur immediately after the approval is made to any system besides the bank transfer that may take up to several days to be processed.

Feature Condition
Bank wire
Debit/Credit cards
China UnionPay

Deposits & Withdrawals rating90%


Customer Support

You can contact Tickmill via:

  • Live chat
  • Phone
  • Email

Tickmill’s live chat is the fastest way to get help from the broker representatives. It requires on average a couple of minutes to get the first welcome message which is fairly good. In Live Chat, it is possible to attach screenshots so the support team will easier understand the problem.

Tickmill phone support works 24/5 and during business hours it is very fast and allows to get relevant answers.

Emails, as usual, take a longer time to be answered. In Tickmill it is possible to get a response within one working day.

Feature Condition
Live Chat

Customer Support rating100%


Tickmill Overview

Tickmill could be considered an average broker and there are certain reasons for such an evaluation.

The broker has several licenses including very strict ones like FCA and CySEC that is a positive point.

The instruments list is not that wide and there are only currency pairs, indices, several commodities, and bonds offered.

Among the terminals, there is only MetaTrader 4 provided though nowadays brokers have plenty of terminals available giving their customers an option to choose the most suitable one.

Funding methods are represented by a wide range of methods so every customer will find the most suitable way to deposit or withdraw money.


· Lifetime period

· Trusted licenses

· Variety of funding methods


· Lack of trading terminals

· Lack of instruments