Tickmill is a forex broker that initially started as a retail trading provider from Armada Markets in 2015. Although based in Seychelles which is an offshore country, Tickmill is regulated by the local FSA (Financial Services Authority) and has a representative office in the UK (TMILL UK Ltd) which already licensed by the FCA (Financial Conduct Authority).
True to its essence of providing services to retail traders, Tickmill offers friendly trading conditions for all traders, from beginners to professionals. It claims to have a tight spreads, fast execution and No Requote benefits.
Recommendations For Traders
Overall, Tickmill is an ideal broker for traders with capital over $100 who are looking for the convenience of low spreads and fast execution. For those of you who want alternative trading support such as AutoTrade or assistance from additional signals, then Tickmill can also be an ideal choice that is worth considering.
However, because the license is still obtained in an offshore country, it is better to try the services at this broker on a demo account or on a live account with a minimum capital first, before you register for a real account with a large capital. Based on the recommendations listed on the official website, the Pro account type is the most popular preference among Tickmill traders.
Tickmill Trading Broker Specifications
Company: Tickmill Ltd Seychelles
Head Office Address: 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles
Regulation: FSA Seychelles
Minimum Spread: Starting from 0 pips (Floating)
Commission: Yes
Maximum Leverage: Up to 1:500
Minimum Deposit: $100
Trading Instruments: Forex, Bonds, Stock Indices, Oil, Precious Metals
Trading Platform: MetaTrader 4 (PC, Mobile, WebTrader versions available)
Execution: Market Execution
Withdrawal Deposit Methods: Wire Transfer, Credit Card, Skrill, Neteller, FasaPay, UnionPay, Qiwi
