Tickmill Review Of 2025

Trading Fees

Tickmill offers competitive spreads across a range of 62 currency pairs, stock indices, oil, metals, and bonds. The Classic Account offers slightly higher average spreads on the range of currency pairs. Typical spread data from the Pro Account and VIP Account shows an offering of 0.10 pips on the EUR/USD pair.

1. Raw Account Spreads

You can get started with a Pro Account with a minimum deposit of $100.  This account offers the best pricing for retail traders, as it has ECN pricing – the most popular among traders because of the low commission rate and tight spreads. Tickmill shows tighter spreads among other brokers especially for the EUR/USD and AUD/USD.

ECN Forex Spread Comparison	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPY	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPY	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPY	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPY	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPY
	0.10	0.10	0.90	0.40	0.50
	0.10	0.20	0.50	0.30	0.50
	0.06	0.27	0.23	0.49	0.59
	0.10	0.20	0.50	0.20	0.71
	0.20	0.20	0.50	0.40	N/A
	0.30	0.50	0.60	0.50	0.50
	0.30	0.40	N/A	0.50	0.50
	0.44	0.42	0.50	0.40	0.30
	0.17	0.30	N/A	0.54	0.68
	0.20	0.40	0.60	0.50	0.70
	0.10	0.50	1.10	0.60	0.80
	n/a	0.50	0.70	0.60	0.40
	0.44	1.23	1.17	1.13	1.23

Avg. spreads are taken from each broker's website and updated monthly. Last update on 04/01/2025

VIP Account

There is no minimum deposit required for the VIP Account, however, you will require a minimum account balance of $50,000 to trade. This makes this trading account more suitable for experienced traders. When compared with the average broker, Tickmill has indeed lower spreads.

2. Raw Account Commission Rate

The following table compares the average spreads across a range of commission-based account types, including the Pro Account and VIP Account from Tickmill. The Pro Account offers low spreads from 0.0 pips EUR/USD and charges commission fees of $2.00 per side ($4 round-turn) per lot. VIP Spreads start from 0.0 pips, and the commission fees are only $1.00 per side.

Lowest Spread Forex Brokers

3. Standard Account Fees

The following table displays average spreads from non-commission accounts with the Classic Account from Tickmill. The Classic Account is more suitable for beginner traders with little experience. Spreads start from 1.6 pips – which can be quite higher than the average.

4. Swap-Free Account Fees

Tickmill also offers Islamic Accounts for traders of the Muslim faith. You can select from a Pro Account, Classic Account, or VIP Account and convert it to an Islamic Account. Trading conditions remain the same as with the other trading accounts, along with compliance with Sharia law.

5. Other Fees

The only other fee to look out for is the withdrawal fee which is $5. There are no fees for deposits or inactivity.

Verdict on Tickmill Fees

Based on our tests, Tickmill showcases tight spreads on their raw and standard accounts.

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Trading Platforms

Tickmill only allows you to trade using the most popular trading platform: MetaTrader 4. Despite the minimal selection of trading platforms, MetaTrader 4 is the most commonly used system and provides a range of features to help you trade the financial markets.

The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.

MetaTrader 4

MetaTrader 4 is the first and most popular trading platform developed by MetaQuotes Software. MetaTrader 4 is user-friendly, customisable, and designed to let you trade with ease on desktop or mobile trading (including iOS and Android). This platform is the favourite among many forex traders around the world because of its sophisticated level of trading analysis tools, customisable interface, charting functionality, and access to Expert Advisors through the accompanied MetaTrader marketplace.

Along with the advanced trading conditions from Tickmill, you can enjoy many features from using the MetaTrader 4 trading platform:

• Fast order execution on a range of CFDs including forex, stock indices, commodities, and bonds
• Expert Advisor trading facilities and advanced trading signals (run on Tickmill VPS) suitable for scalping
• Provision of fundamental and technical analysis tools including over 50 indicators and customisable charting

MetaTrader 4 WebTrader

The MetaTrader 4 WebTrader platform allows you to access the markets online directly through your web browser. The WebTrader trading platform through Tickmill makes trading more accessible as the MetaTrader system is available directly in your browser. Equipped with all the same functions as the original, the WebTrader version has enhanced security with data encryption. However, the trade execution time is a little more lagged.

The MetaTrader 4 WebTrader trading platform offers:

• Access to one-click trading through all modern browsers
• Real-time quotes on customisable price charts
• Over 30 indicators to use across 9 different time frames
• Trading history and encrypted data transmission

Myfxbook Copy Trading

If you prefer to copy the trades of other successful traders, then Myfxbook is available within your MetaTrader 4 trading account.

Myfxbook works by providing you with tools to find and follow other traders in their social network. You can then use filters that will allow you to replicate their trades within the conditions you set. Social trading is popular for those that don’t have the experience or time to invest in trading themselves, instead, you can leave the work to other traders.

Third-Party Tools

Tickmill clients can access the third-party technical analysis tool Autochartist. This is one of the most comprehensive forex trading tools that can add some value to your trading. Autochartist uses advanced technology to analyse past market trends and identify real-time trading opportunities across a wide selection of CFD instruments.

Some of the best tools included in the Autochartist market analysis pack include:

• Automated trade alerts
• Volatility analysis for SL and TP optimisation
• Fibonacci patterns
• Market reports delivered 3 times per day
• Historical performance statistics
• The key support and resistance levels
• Customizable searches to only get the data you need

Autochartist is offered free of charge to all Tickmill live account holders. This tool is offered as an MT4 plugin as well as a standalone web application.

Is TickMill Safe?

Tickmill has a trust score of 59, according to the broker’s regulation, reputation, and reviews.

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Regulation

Tickmill has regulation in several countries including:

• Tickmill UK Ltd: Financial Conduct Authority (FCA) for the UK (Register Number 717270)
• Tickmill Ltd: Seychelles Financial Services Authority (FSA) for Seychelles (Licence Number SD008)
• Tickmill Europe Ltd: Cyprus Securities and Exchange Commission (CySEC) for Cyprus (Licence Number 278/15)
• Tickmill Asia Ltd: Labuan Financial Services Authority (LFSA) for Labuan (Licence Number MB/18/0028)
• Tickmill South Africa (Pty) Ltd: Financial Sector Conduct Authority (FSCA) for South Africa (Licence Number FSP 49464)

Tickmill Asia applies for clients in Malaysia, all clients outside Tickmill subsidiaries that have FCA, CySEC, LFSA and FSCA regulation will have FSA regulation. While Tickmill policies for FSA will be in line with other regulators, you need to remember that FSA is an offshore regulator. So if you have any complaints, you may not have the protection you need to settle disputes in case of scams.

If you are Australian or from Dubai, then you may note that Tickmill does not have ASIC or DFSA regulation. We don’t advise using regulators outside your country. So Tickmill may not be a suitable broker for your situation.

Risk Management Features

If an account falls below a zero balance, Tickmill will cover the debt by providing Negative Balance Protection. This means that Tickmill will cover any losses below a zero balance on your account in the event of trading losses or excessive slippage. The forex broker also uses a risk department to monitor traders’ risk appetite and may notify the client of excessive risk-taking or even reduce the leverage.

Tickmill provides a degree of risk management to improving trading conditions. The range of educational resources and research-based features helps you to improve your trading ability on a demo account before testing your skills with a live account. These tools are a form of risk management as they ensure you understand the nature of trading before getting started.

Furthermore, Tickmill allows the maximum leverage depending on the relevant regulatory entity. For retail clients trading forex, leverage is capped at 1:30 whereas professional clients can access leverage up to 1:500. Tickmill also provides a simple and transparent calculation of the required margin for clients to visualise the risk of trades.

Reputation

Tickmill has been in the industry since 2014, with headquarters in London, UK. Their popularity seems low, having only 49,500 monthly hits on Google.

Reviews

Tickmill has a score of 3.8 out of 5 on TrustPilot from 492 reviews as of this writing.

How Popular Is Tickmill?

There are 49,500 monthly searches for Tickmill each month on Google, making it the 26th most popular Forex Broker. Similarweb in February 2024 shows a similar story with the broker the 26th most visited, receiving 614,000 global visits.

Country	2024 Monthly Searches
Malaysia	4,400
Brazil	3,600
South Africa	3,600
India	2,900
Thailand	2,400
Vietnam	1,900
United States	1,600
Colombia	1,600
Argentina	1,600
Turkey	1,600
Nigeria	1,300
Indonesia	1,300
United Kingdom	1,000
Egypt	1,000
Germany	880
Philippines	880
Bangladesh	880
Algeria	880
Peru	720
United Arab Emirates	720
Poland	720
Tanzania	720
Mexico	590
Singapore	590
Spain	590
Pakistan	590
Italy	590
Morocco	480
Cyprus	480
Hong Kong	320
Saudi Arabia	320
France	320
Dominican Republic	320
Uzbekistan	320
Canada	260
Japan	260
Chile	260
Netherlands	260
Ecuador	260
Uganda	260
Taiwan	210
Australia	210
Venezuela	210
Portugal	170
Sri Lanka	170
Switzerland	140
Kenya	140
Jordan	140
Bolivia	140
Botswana	140
Sweden	110
Ghana	110
Ethiopia	110
Austria	90
Costa Rica	70
New Zealand	70
Cambodia	50
Greece	50
Ireland	40
Panama	30
Mongolia	30
Mauritius	10

2024 Average Monthly Branded Searches By Country

Malaysia	4,400 1st
Brazil	3,600 2nd
South Africa	3,600 3rd
India	2,900 4th
Thailand	2,400 5th
Vietnam	1,900 6th
United States	1,600 7th
Colombia	1,600 8th
Argentina	1,600 9th
Turkey	1,600 10th

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Deposit and Withdrawal

What is the minimum deposit at Tickmill?

The minimum deposit requirement at Tickmill is $100. To open an account with Tickmill, you will require a minimum deposit of $100. To access a VIP Account, your balance will need to be $50,000 to open your position.

Account Base Currencies

Tickmill accepts 4 different deposit currencies EUR, GBP, USD and PLN. Deposits made in unsupported currencies will be converted incurring a conversion fee to the previously mentioned currencies.

Deposit Options and Fees

Tickmill has a Zero Fees Policy for deposits and withdrawals. This means there are no costs from the brokers’ end for using when transferring funds. If your wire transfer and your deposit are greater than $5000, Tickmill will refund any fees up to $100 if you can provide a bank statement.

Withdrawal Options and Fees

Tickmill offers a range of deposit and withdrawal methods, and there is a minimum withdrawal requirement of $25. Fund transfer will be instant or up to 1 working day:

• Bank Transfer
• Visa and MasterCard
• Skrill
• Neteller
• DotPay
• PaySafeCard
• Sofort
• Rapid Transfer
• PayPal
• UnionPay
• FasaPay
• Qiwi

Tickmill doesn’t have any official inactivity fees however Tickmill may apply charges if they believe you are not actively using your account.

Product Range

A range of trading instruments including forex, stocks indices and oil, precious metals, and bonds are available.

CFDs

Tickmill does lack some diversity in the CFDs on offer. For example, you cannot trade popular CFDs such as cryptocurrencies, Stocks, ETFs or soft commodities (such as crops and livestock) through Tickmill. This can limit your ability to spread your risk through investment diversity.

Forex

The forex market is the most popular financial market because of its volatile price movements and 24/5 availability for trading. When trading forex, you are simultaneously buying and selling currencies for profit. Tickmill offers you access to over 60 currency pairs, allowing you to trade popular currencies such as USD, EUR, and GBP. Spreads start from 0.0 pips, and the average trade execution speed is 0.20 seconds.

At Tickmill, trading minor and exotic forex pairs are also available with no requotes and an ultra-fast execution speed of 20ms.

Stock Indices And Oil

Stock indices allow you to track a group of stocks to buy and sell them as an aggregate, rather than picking single stocks. Where stocks show the performance of a company, stock indices are useful to determine the economic health of sectors, industries, or countries. Tickmill offers 14 stock indices with no commission fees.

Trading WTI oil serves a similar purpose. Variations of oil are available to trade as an amassed average across sectors. Speculating on the price of oil enables you to trade on highs or lows, as you would any other asset.

Trading oil serves a similar purpose. Variations of oil are available to trade as an amassed average across sectors. Speculating on the price of oil enables you to trade on highs or lows, as you would any other asset.

Precious Metals

Gold and silver metal commodities against the USD are available through Tickmill. These trading instruments are relatively uniform across the world and are typically safer assets during periods of market uncertainty. With the MetaTrader 4 trading platform, you can trade gold and silver from 0.0 pips spreads, no commissions, and an average trade execution speed of 0.20 seconds. Much like the forex market, you can trade precious metals 24/5.

The Tickmill range of precious metals is small. Other popular metals such as copper, palladium, platinum are not available.

Bonds

Tickmill offers 4 types of government bonds (also known as treasury CFDs) which are agreements between borrowers and lenders that you can trade over the counter. These bonds are futures (cash) contracts. Tickmill provides access to German bonds from 0.0 pips spread and no commissions.

Customer Service

Hours Of Support

Tickmill provides extensive trading services and customer support with the head office in London, United Kingdom. You can contact the CFD broker through the client support number or office number from 7:00 to 16:00 GMT Monday to Friday. Tickmill also provides a support email with a response time within 24 hours on business days. A LiveChat is also available through their website tickmill.com, one can choose from 14 different languages.

Education And Research

Tickmill provides a range of educational resources to help you improve your trading experience with Tickmill. some of these tools are available for download and some require registration. These tools can help you improve your trading strategies.

Education tools include:

• eBooks – Topics include Introduction to Fibonacci Analysis, Know your trading costs, Risk management, Trading forex
• Videos – Forex Trading, Market Analysis, Trading Psychology, Trading Strategies, Social Trading, Stocks, MT4
• Webinars – Hosted by forex experts, these webinars are in a range of languages including English, German, Polish, Portuguese, and Turkish
• Infographics – These are visual graphics that visualise data, charts and statistics on trading topics

Final Verdict on Tickmill

With a choice of a Classic account which is commission-free and ECN pricing accounts all of which allow hedging, scalping and EAs, Tickmill is a suitable forex broker for traders of all levels of experience. The $2 commission per lot to open your position is some of the best in the market. However, Tickmill has a few weaknesses. The broker only offers the MetaTrader 4 trading platform, which many consider the gold standard for trading platforms however it would be nice to have another trading platform to choose from. Tickmill also limits the range of CFDs you can choose from. Overall, Tickmill is one of the better brokers, but Pepperstone and IC Markets exceeded their score in our reviews. See our Pepperstone vs Tickmill comparison for more information.

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