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;
Tickmill is a reputable broker offering access to trading Forex, stock indices, commodities, bonds, and cryptocurrencies. Furthermore, the broker boasts an extensive selection of over 500 stock CFDs.
There are three account types: Classic Account with spreads from 1.6 pips and no commission, and two Raw Accounts with spreads from 0 pips and a commission from $3 per lot. All accounts require a minimum deposit of $100 and provide a maximum leverage of 1:1000.
The broker also provides a variety of useful tools, such as Acuity Trading, Signal Centre, and Capitalise.ai, which utilize AI to offer valuable market insights and trading signals.
Tickmill's regulation by the FCA and CySEC ensures the safety and security of client funds.
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, OANDA and FOREX.com, 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
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Tickmill with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Tickmill’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Tickmill Standard spreads Tickmill OANDA FOREX.com EUR/USD min, pips 1.0 0.1 0.7 EUR/USD max, pips 1.6 0.5 1.2 GPB/USD min, pips 1.0 0.1 0.9 GPB/USD max, pips 1.7 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Tickmill RAW/ECN spreads Tickmill OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.2 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Tickmill. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Tickmill Non-Trading Fees Tickmill OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
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
Tickmill Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level FCA UK
Full Name Financial Conduct Authority Country of regulation United Kingdom Investor Protection Fund Up to £85,000 Regulation Level Tier-1 CySec
Full Name Cyprus Securities and Exchange Commission Country of regulation Cyprus Investor Protection Fund Up to €20,000 Regulation Level Tier-1
DFSA Full Name Dubai Financial Services Authority Country of regulation Dubai Investor Protection Fund No specific fund Regulation Level Tier-2 FSCA SA
Full Name Financial Sector Conduct Authority of South Africa Country of regulation South Africa Investor Protection Fund No specific fund Regulation Level Tier-2 FSA (Seychelles)
Full Name Financial Services Authority of Seychelles Country of regulation Seychelles Investor Protection Fund No specific fund Regulation Level Tier-3 Tickmill Security Factors Foundation date 2017 Negative balance protection YesVerification (KYC) Yes -
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.
- Demo account
- Low minimum deposit
- Standard account with balanced trading conditions
- No VIP account option
- No Cent account
Tickmill account types vs top competitors Tickmill Plus500 Trading.com Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free YesNoNoVIP NoNoNoManaged NoNoNoTickmill accounts trading conditions
Tickmill offers three types of accounts to choose from. The standard currency for funding your account is euros, dollars and pounds. Trading using any strategy is allowed. The minimum lot size is 0.01.
Account Type Description Raw characterized by a minimum lot size of 0.01 and a minimum deposit amount of 100 US dollars. The minimum floating spread starts from 0.0 points and commissions are $3 - $3.5 per side per 100,000 traded. MT 4/5 and Tickmill Trader platforms; Classic the minimum deposit on such an account is 100 US dollars. The lot size is the same as on the Raw account. There are no commissions. The minimum floating spread starts from 1.6 pips. There are no fees for deposits and withdrawals; For all account types there is a swap-free Islamic account option. Before opening an account, a customer of Tickmill can familiarize himself with its terms and possibilities and evaluate the functionality of the platform and the services provided on a demo account. The broker offers the MT4 and MT5 trading platforms for trading, as well as the web version of the trading terminals. If you want to learn how to make money on Tickmill, read the Traders Union article.
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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.
Tickmill provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Minimum deposit below industry average
- Bank wire transfers available
- No deposit fee
- PayPal supported
- BTC not available as a base account currency
- Wise not supported
- Only major base currencies available
What are Tickmill deposit and withdrawal options?
Tickmill provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Skrill, Neteller, BTC.
Tickmill Deposit and Withdrawal Methods vs Competitors Tickmill Plus500 Trading.com Bank Wire YesYesYesBank card YesYesYesPayPal YesYesNoWise NoNoNoBTC YesNoNoWhat are Tickmill base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Tickmill supports the following base account currencies: USD, EUR, GBP, PLN.
What are Tickmill's minimum deposit and withdrawal amounts?
The minimum deposit on Tickmill is $100, while the minimum withdrawal amount is $25. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Tickmill’s support team.
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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.
- Passive income with bonds
- ETFs investing
- 600 assets for trading
- Copy trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by Tickmill with its competitors, making it easier for you to find the perfect fit.
Tickmill Plus500 Trading.com Currency pairs 62 60 69 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 600 2800 69 Stocks YesYesNoCommodity futures YesYesNoCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesYesNoStock indices YesYesNoOptions NoYesNoInvestment options
We also explored the trading assets and products Tickmill offers for beginner traders and investors who prefer not to engage in active trading.
Tickmill Plus500 Trading.com Bonds YesNoNoETFs YesYesNoCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
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 /10We 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. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Low minimum deposit requirement
- Quick KYC verification (1 business day or less)
- Fast registration time (up to 15 minutes)
- Account setup process may feel less convenient for beginners
Tickmill account opening Tickmill Plus500 Trading.com Online Registration YesYesYesMinimum deposit $100 $100 $50 Mandatory KYC YesYesYesRegistration time (min) 10 20 KYC time (days) 1 3 2 Is Tickmill available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To make it easier for a trader to start working with Tickmill broker, we suggest that you familiarize yourself with the following information:
You can enter your Tickmill Client Area from the main page of the broker's website. To do this, just click Login.
To log in, you need to enter your username and password.
If you have not created an account with the brokerage company yet, click on Sign up and go through the registration procedure.
After registration and authorization, you can make a deposit to your wallet, transfer funds to your trading account, and download and the platform of your choice to start trading.
In your Client Area, you can upload your documents, view your transaction history, deposit and withdraw funds.
In addition, a trader will find the following information in their Client Area:
- Wallet(s);
- Trading Account(s);
- Tools;
- Learning.
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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.
- Strategy (EA) Builder is available
- MetaTrader is available
- Trade directly from TradingView
- Proprietary platform with unique features
- No access to cTrader and its advanced tools.
Supported trading platforms
Tickmill supports the following trading platforms: MT4, MT5, TradingView, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared Tickmill’s platform availability with that of top competitors to assess its relative market position.
Tickmill Plus500 Trading.com MT4 YesNoNoMT5 YesNoYescTrader NoNoNoTradingView YesYesYesProprietary platform YesYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey Tickmill’s trading platform features
We also evaluated whether Tickmill offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading YesScalping YesSupported indicators 88 Tradable assets 600 Additional trading tools
Tickmill offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
Tickmill trading tools vs competitors Tickmill Plus500 Trading.com Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. YesNoYesAPI YesNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. YesNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. YesNoNo -
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 /10Tickmill supports mobile trading, offering dedicated apps for both iOS and Android. Tickmill received a score of 7/10 in this section, indicating a generally acceptable mobile trading experience.
- Strong Android user ratings, currently at 5.0/5
- Solid iOS user feedback, with a rating of 5.0/5
- Supports mobile 2FA
- Mobile alerts not supported
- Indicators not supported
We compared Tickmill with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
Tickmill Plus500 Trading.com Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 100,000 10,000,000 50,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 5.0 4.7 4.8 Google Play score 5.0 4.4 4.7 Mob. 2FA YesYesYesMob. Indicators NoYesYesMob. Alerts NoYesYes -
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 /10Customer support at Tickmill is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.
During testing, response times were moderate, and communication depended on the complexity of the request. Tickmill provides basic support functionality but does not stand out in overall service performance.
InformationCustomer support at Tickmill works 5 days a week according to the following schedule: from 7:00 to 16:00 GMT.
- Many options for communication
- Multilingual support
- The site has a section with the answers to the most popular questions
- You can ask a question without being a customer of the broker
- Does not work on weekends
- Doesn't work around the clock
There are several ways to contact the support service:
- directly by the phone numbers indicated at the website;
- by email;
- in the online chat at the broker's website;
- using the feedback form.
Support is available from the Tickmill website and from your Client Area.
Contacts Foundation date 2017 Registration address FSA - 3, F28-F29 Eden Plaza, Eden Island, Mahé, The Seychelles
LFSA - Office No. 5, Unit 25,1st floor Paragon Labuan, Jalan Tun Mustapha, 87007 Labuan F.T., Malaysia
FSCA - The Pavilion, Cnr Dock and Portswood Rd, V&A Waterfront, South Africa
CySEC - Kedron 9, Mesa Geitonia, Limassol 4004, Cyprus
FCA - 3rd Floor, 27 - 32 Old Jewry, London, England, EC2R 8DQRegulation FSA, DFSA, FSCA, CySEC, FCA Licence number:
Licence no. SD 008Official site www.tickmill.com/eu, www.tickmill.com/uk Contacts support@tickmill.com FSA’s client support: +852 5808 7849
LFSA’s client support: +60 16 299 9449
FSCA’s client support: +852 5808 7849
CySEC’s client support: +357 25041710
FCA’s client support: +44 203 871 3299
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FAQs
How is Tickmill regulated and what safety measures are highlighted in the review?
The review states that Tickmill has a safety score of 9.8/10 and is described as having a High security level. It is regulated by several authorities, including Tier-1 regulators FCA (UK) and CySEC, offers negative balance protection, and requires KYC verification, while some of its other regulators do not provide specific investor compensation funds.
How are Tickmill’s commissions, spreads, and non-trading fees characterized in the review?
The review rates Tickmill’s overall fee level as Medium, with a fees score of 7/10, while noting advantages such as low Forex trading fees, tight EUR/USD spreads, and no inactivity, deposit, or withdrawal fees. For example, typical Standard account EUR/USD spreads range from 1.0 to 1.6 pips, and RAW/ECN accounts show an average EUR/USD spread of 0.1 pips plus a $3 commission per lot.
What do Tickmill user reviews and feedback say about overall satisfaction?
The user satisfaction score for Tickmill is 8.1/10, based on 305 reviews, with 32% of users giving 5-star ratings and 41% giving 4-star ratings. According to user reviews, overall sentiment is mostly positive, with relatively few low-star ratings reported in the distribution.
What deposit and withdrawal options and conditions are mentioned in reviews of Tickmill?
The review notes that Tickmill offers a basic range of funding methods, including bank cards, bank wire, PayPal, Skrill, Neteller, and BTC, and supports only major base currencies (USD, EUR, GBP, PLN). It states there are no deposit fees, but mentions limited flexibility in deposit and withdrawal options and a minimum deposit of $100 and minimum withdrawal of $25, which may vary by account type and payment method.
What trading platforms and tools do reviews highlight in Tickmill’s offering?
The review indicates that Tickmill supports MT4, MT5, TradingView, a proprietary platform, and WebTrader, but does not provide cTrader or NinjaTrader. It also mentions features such as free VPS, support for trading bots (EAs), one-click trading, 2FA, and additional tools like Trading Central, API access, a strategy (EA) builder, and Autochartist.
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