Tickmill Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of Tickmill trading signals. You will learn what kinds of trading signals Tickmill offers and what the conditions for using them are.

Short introduction of Tickmill

The Tickmill Group introduces a new standard in the provision of brokerage services. The focus on innovation is what the company is proud of and why traders choose it. The trading conditions of the broker are appreciated by scalpers and traders who use EAs  because Tickmill provides minimal spreads. The Group has earned many awards among them “Best Forex Spreads” and “Best Forex Trading Experience” in 2022.

The Tickmill group of companies includes:

  • Tickmill Europe Ltd regulated by the CySEC, 278/15 (Cyprus);

  • Tickmill Ltd regulated by the FSA, SD008 (the Seychelles);

  • Tickmill UK Ltd regulated by the FCA, 717270 (UK);

  • Tickmill Asia Ltd regulated by the Labuan FSA, MB/18/0028 (Labuan, Malaysia);

  • Tickmill South Africa (Pty) Ltd regulated by the FSCA, 49464 (SAR).

Before you register, see which of the group’s companies you are signing up with, as trading conditions depend on it.


💰 Account currency: Tickmill.EU - USD, EUR, PLN, CHF, GBP. Tickmill.com - USD, EUR, GBP.
🚀 Minimum deposit: 100 US dollars
⚖️ Leverage: Tickmill.EU - to 1:30/1:300. Tickmill.com - to 1:500
💱 Spread: from 1.6 pips for the Classic account and from 0 pips for Raw account
🔧 Instruments: Instruments include currency pairs, commodities market assets, stock indices, stocks, bonds, and cryptocurrencies
💹 Margin Call / Stop Out: 100% and 30%

Tickmill Pros and Cons

👍 Advantages of trading with Tickmill:

spreads from 0 pips;

any strategy is allowed;

protection against negative balance;

mobile app trading platform.

👎 Disadvantages of Tickmill:

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;

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Tickmill Trading Signals

Copy trading signals

Tickmill EU does not offer investment programs at the moment. Instead, you can use signal provider service of the MetaQuotes (MQL5) community integrated in MT4 and MT5. You can register as an investor or a trader (signal provider). As a trader you can provide signals both for manual trading and signals provided by expert advisors.

Tickmill.com offers the following options for passive investors:

  • Pelican Trading. This is a simplified copy trading platform for mobile devices with the opportunity to communicate with signal providers.

  • MyFxBook AutoTrader. This is an analytical platform with integrated Tickmill’s technology. To copy signals, link your trading account with Tickmill to your user account registered on the MyFxBook website. Then, start copying signals after setting risk level limits.

  • Copy trading service integrated in MT4/MT5. To copy trades, register on the MQL5 website and make a deposit. Link your user account on the MetaTrader platform (for example, through the “Signals” tab) and pay subscription fee to the trader whose trades you are going to copy.

Investor’ reviews of the Tickmill copy trading services are available here. Read More about Tickmill Copy Trading

Forex alerts

Tickmill supports alerts. Alerts in financial markets are notifications about certain events, such as an asset reaching a specific price, trend reversal, etc. Traders can customize events for which they want to receive alerts. Thanks to Tickmill alerts, users can stay informed about events in financial markets and react quickly. There is no need to constantly monitor quotes. Traders receive notifications according to their settings and can make reasoned investment decisions.

Autochartist signals

Traders who trade with the Tickmill broker can receive Autochartist signals. Autochartist is a service for chart pattern recognition and technical analysis. The service analyzes charts, identifies forming patterns, and provides recommendations for opening trades in a particular direction for a specific asset. Autochartist provides the following features:

Trading signals for various patterns such as Head and Shoulders, Rising Wedge, Falling Wedge, Triangle, and many others.

Signals upon identifying Fibonacci lines, chart corrections, etc.

Alerts for traders via email.

Analysis of activity in financial markets, etc.

Autochartist recommends trade direction, entry and exit points, and provides a large amount of useful information for any trading strategy to traders.

Conclusion

Based on the results of the analysis of the Tickmill trading signals, Traders Union analysts established that the conditions are average. The broker offers limited opportunities for the clients choose its trading signals. However, there are also benefits, which is why they can be considered for investment. Keep in mind that trading signals carry the risk of losses and make sure to use the rules of risk management.

FAQs

Can I subscribe to several signal providers?

As a rule, brokers allow traders to do that. It is important to subscribe to several providers or newsletters, as it helps diversify the risks.

Are there fees charged for trading signals?

Yes. As a rule, the fee is charged as a markup to the spread, or it could be a subscription fee, or a percentage of the profit, etc.

Can trading signals depend on the account type?

Yes. As a rule, they are provided for certain account types, but may also be available for the standard account.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.