Tickmill Review

Tickmill Review

Tickmill is a global forex and CFD broker, founded in 2014. The company is regulated by several financial authorities globally, including the UK's top-tier Financial Conduct Authority (FCA). Tickmill is considered safe because it is regulated by the top FCA.

Tickmill List

To open a live account, you need a minimum deposit of at least $25. Alternatively, Tickmill offers a demo account that you can use to practice and familiarize yourself with their platform.

Before we dive into some of the more detailed aspects of Tickmill's spreads, fees, platforms and trading features, you may wish to open the Tickmill website in a new tab by clicking the button below to view the latest information directly from Tickmill.

Tickmill data verification

What you need to open an account with Tickmill?

Since Tickmill is regulated by the Financial Conduct Authority, every new client must pass some basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you may be prompted for the following, so it's best to have this ready:

Scanned color copy of your passport, driver's license, or national ID

A utility bill or bank statement from the last three months showing your address your

You'll also need to answer some basic compliance questions to confirm how much trading experience you have, so it's best to set aside at least 10 minutes or so to complete the account opening process.

While you may be able to explore the Tickmill platform right away, it is important to note that you will not be able to make any trades until you pass the Tickmill Verification.

To start the process of opening an account with Tickmill you can visit their => website here <=

Tickmill Account

Tickmill offers three accounts. In essence, Tickmill is best for active and VIP traders, who have access to competitive rates among the lowest brokers in the industry.

Classic Account: Commission-free Classic Account, where the trader only pays the bid/ask spread. However, the average spread is higher compared to the other two account types, making the Classic account unattractive.

Pro Accounts: Pro and VIP accounts both have commissions per trade which add to lower spreads and stand out as competitive. With a low commission rate, the Pro account will be ideal for most traders compared to the Classic account, as spreads are inherently cheaper, and 75 instruments, including 62 currency pairs, are accessible.

VIP versus Pro Accounts: While VIP accounts require a minimum balance of $50,000 for traders to access low commissions of $1 per standard lot (100k units) or $2 per Spin Spin (RT), Pro accounts have the same price as RT commissions of only $4 per standard lot. Pro account is available with only $100 deposit.

Client support

Tickmill supports multiple languages ​​including English, Spanish, Russian, Chinese, Indonesian, Vietnamese, etc.

Tickmill has a double AA support rating because Tickmill offers more than three languages ​​of email and phone support.