Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Tickmill Pros & Cons
- spreads from 0 pips;
- any strategy is allowed;
- protection against negative balance;
- mobile app trading platform.
- the customer support works only 5 days a week from 7:00 to 16:00 GMT;
- relatively small choice of currency pairs;
- there is no cent account;
- there is no trust management;
TU Expert Verdict
Tickmill is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of Tickmill have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is Tickmill Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria9.8 /10We checked the Tickmill officeTickmill has a safety score of 9.8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Regulated in the UK
- Track record over 9 years
- Strict requirements and extensive documentation to open an account
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.7.8 /10Tickmill offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Low minimum deposit
- Swap Free (Islamic) account
- Demo account
- No Cent account
- No VIP account option
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7 /10Tickmill received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria7.8 /10Tickmill provides a standard range of trading assets in line with the market average. The platform includes 600 assets in total and 62 Forex currency pairs.
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Trading Account Opening
We successfully registered an account with Tickmill in 10 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Tickmill is $100.Score:We evaluated Trading Account Opening at Tickmill by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria10 /10Tickmill received a score of 10/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria7 /10 -
Customer Support
Score:We evaluated Customer Support at Tickmill by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria6.5 /10
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Tickmill Video Guides
FAQs
How is Tickmill regulated and what safety measures are mentioned in reviews of its client protection?
Tickmill is regulated by several authorities, including Tier-1 regulators such as the FCA in the UK and CySEC in Cyprus, with investor compensation schemes of up to £85,000 and €20,000 respectively. The broker has a safety score of 9.8/10, offers negative balance protection, and requires KYC verification, while some of its other regulators do not provide specific investor compensation funds as stated in the section.
What trading commissions and non-trading fees are highlighted in feedback about Tickmill’s pricing?
According to the section, Tickmill’s overall fees are rated 7/10, described as medium, with low forex trading fees, tight EUR/USD spreads, and no deposit, withdrawal, or inactivity fees. Standard account EUR/USD spreads typically range from 1.0 to 1.6 pips, while RAW/ECN accounts show average EUR/USD spreads around 0.1 pips plus a $3 commission per lot.
What do user reviews and ratings say about overall satisfaction with Tickmill?
Tickmill has a user satisfaction score of 8.1/10 based on 305 reviews, with 32% of users giving 5 stars, 41% giving 4 stars, and 27% giving 3 stars, while 2- and 1-star ratings are not reported. According to user reviews, overall sentiment is mostly positive, and 7,059 users have chosen this broker as indicated in the section.
How do reviews describe the account opening process and minimum deposit requirements at Tickmill?
The account opening process at Tickmill is fully online, with registration taking about 10 minutes and KYC verification typically completed within 1 business day, and the minimum deposit is stated as $100. The review notes that onboarding is described as accessible and relatively hassle-free, though the setup process may feel less convenient for beginners.
What trading platforms and tools does Tickmill provide, according to platform reviews and feature breakdowns?
Tickmill supports MT4, MT5, TradingView, a proprietary platform, and WebTrader, but does not offer cTrader or NinjaTrader, and it allows features such as trading bots (EAs), one-click trading, and scalping with 88 indicators and 600 tradable assets. The broker also provides additional tools like Trading Central, API access, free VPS, a strategy (EA) builder, and Autochartist, as outlined in the section.
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