4.24 /5

  • Is Tickmill Safe and Legit?

    4.7

  • Tickmill Fees and Costs

    3.3

  • Markets and Assets Available

    3.85

  • Trading Platforms and Tools

    5

  • Tickmill Account Types

    4.55

  • Tickmill Customer Support

    3.22

How we test Brokers ?

Tickmill Review Summary

Tickmill is a multi-regulated forex and CFD broker aimed at traders who care about pricing, execution speed, MetaTrader access, TradingView workflow, and practical account tools more than hand-holding.

In our platform check, the strongest point was clear: Tickmill works best when the trader already understands leverage, swaps, margin calls, and execution risk. Raw pricing gives the broker its edge. Support consistency, entity-based protection, high leverage, and recurring withdrawal or account-review complaints remain the main concerns.

Quick Verdict: Is Tickmill Worth It?

For experienced forex and CFD traders, Tickmill is worth considering. It combines low raw pricing, MetaTrader platforms, algorithmic support, and high leverage where eligible. Traders who need strong live-agent support or long-term investment tools will find the offer less complete.

Who Tickmill Is Best For

  • Forex traders using MT4, MT5, or TradingView.
  • Scalpers and day traders focused on raw spreads and fast execution.
  • Expert Advisor users who need VPS support, FIX API access, and no requotes.
  • Traders seeking forex, indices, metals, bonds, crypto CFDs, and stocks from one broker group.
  • Experienced clients who understand leverage, swap costs, and margin calls.

Who Should Avoid Tickmill

  • Beginners who need frequent human guidance.
  • Long-term investors looking for real stocks, ETFs, funds, and portfolio tools.
  • Traders in restricted jurisdictions.
  • Clients uncomfortable with entity-based investor protection.
  • Bonus-focused users who dislike strict promotion terms and profit-transfer conditions.
Pros
  • MT4, MT5, TradingView, Tickmill Trader, mobile app, and WebTrader
  • Scalping, hedging, copy trading, and news trading allowed
  • No Tickmill fee on listed deposits or withdrawals
  • Useful research tools, including Signal Centre, Acuity Trading, news, and calendars
Cons
  • Platform access can vary by account type and entity
  • Banks and processors can still charge fees
  • Investor protection depends on the account entity
  • Trustpilot complaints mention withdrawals, account closure, slippage, and AI support

What Is Tickmill?

0/5

Company Background

Founded in 2014, Tickmill has built a group structure across the United Kingdom, Cyprus, Seychelles, South Africa, and Dubai. Tickmill UK Ltd is linked to company number 09592225 and FCA register number 717270. The Seychelles entity lists 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles, while the Cyprus entity operates from Limassol.

The broker reports 180+ countries serviced and 0.15-second average execution for forex and CFD activity. That profile fits an active-trader venue more than a beginner-investing platform.

Available Countries

Tickmill does not direct services to persons in Singapore, the United States, Iran, India, or any jurisdiction where its products would be unlawful. Entity rules can also limit promotions, crypto CFDs, leverage, investor protection, and futures markets.

Coverage is broad, but the strongest safeguards sit with UK and EU entities. Higher leverage and some promotions are more likely under offshore structures.

Tickmill Fees and Costs

3.3/5

Trading Fees

Tickmill's trading fees depend on the account type, instrument, position size, and how long a trade stays open. The main direct costs are spreads and commissions, with the lowest pricing usually available on the Raw account. Traders should also account for overnight swap charges, possible currency conversion costs, inactivity fees, and any external charges from banks or payment providers. In short-term forex trading, spread and commission matter most. For longer holding periods, swap rates and rollover costs can become just as important.

Spreads and Commissions

Instrument or Account Cost Figure
Classic account spread From 1.6 pips, no commission
Raw account spread From 0.0 pips, $3 per lot per side
TradingView Raw spread From 0.0 pips, $3.50 per lot per side
EUR/USD average spread 1.70 pips
GBP/USD average spread 1.90 pips
Gold XAU/USD average spread 1.60 pips
S&P 500 CFD average spread 0.39 points
Futures standard contracts $1.30 commission
Futures micro contracts $0.85 commission

The strongest pricing is on Raw and TradingView Raw. Costs still move in live markets because spreads are floating. News releases, rollover, volatile sessions, and thin liquidity can widen spreads and increase slippage.

Deposit and Withdrawal Fees

Tickmill does not charge an internal fee on listed deposits and withdrawals. Its bank-wire zero-fees policy applies to deposits above $5,000 or equivalent, while smaller transfers may still involve external banking costs. Intermediary banks, card issuers, and payment processors can also add charges outside Tickmill's control.

Inactivity and Account Fees

An inactive account is charged $10 or equivalent in EUR, GBP, or CHF, or 40 PLN, each quarter after 12 months without activity. Traders who open a live account and stop trading should not ignore this fee.

Bonus and Promotions

Regional promotions include a $30 Welcome Account and deposit-bonus campaigns. The Welcome Account should not be treated as withdrawable cash. It lasts 60 days, the initial $30 cannot be withdrawn, verification is required, and profit transfer needs a minimum $100 wallet deposit.

Pricing, execution, regulation, withdrawals, and platform quality matter more than promotions here. Bonus terms are strict and should be read before trading.

Currency Conversion Fees

No internal currency conversion fee is charged. Depending on entity, product, and payment method, account and funding currencies can include USD, EUR, GBP, PLN, CHF, and ZAR. External conversion costs remain possible.

Overnight and Swap Fees

Standard accounts pay overnight swaps when positions remain open past 00:00 server time. Triple swaps apply on Wednesdays for many instruments. Islamic accounts remove standard interest-based swaps, although selected instruments can receive handling fees after the grace period.

Crypto CFDs deserve special attention. Long cryptocurrency positions carry a 10% yearly swap charge after the five-day swap-free period. Access to crypto CFDs also depends on entity and client classification.

Tickmill Account Types

4.55/5

Classic Account

Classic is the simpler commission-free CFD account. The entry point is $100, base currencies include USD, EUR, GBP, and ZAR, and spreads start from 1.6 pips. Leverage can reach 1:1000, the minimum lot size is 0.01, strategy rules are flexible, and Islamic conversion is available. Occasional traders may like the simplicity; scalpers will usually get better value from Raw.

Raw Account

Raw keeps the $100 entry point and moves the trading cost into a transparent spread-plus-commission model. Spreads start from 0.0 pips, commission is $3 per lot per side, leverage can reach 1:1000, and the minimum trade size is 0.01 lots. It also permits all strategies and Islamic conversion. For active forex trading, this is Tickmill's most practical account type.

TradingView Raw Account

TradingView Raw is the account option for traders who want the TradingView and Tickmill Trader workflow. The account starts at $100, uses USD as the base currency, has spreads from 0.0 pips, permits leverage up to 1:1000, and keeps the minimum lot size at 0.01. Commission rises to $3.50 per lot per side, so the extra $0.50 per side is the cost of using that platform setup.

VIP Account

VIP access has been referenced for high-volume clients. Retail traders should treat Classic, Raw, and TradingView Raw as the main CFD choices unless Tickmill directly confirms VIP eligibility.

Futures and Options Account

The futures and options service sits outside the standard CFD account structure. Offered through Tickmill UK Ltd, it gives access to regulated exchanges including CME, CBOT, COMEX, NYMEX, EUREX, and other venues. The working minimum is $1,000.

CQG, AgenaTrader, and Trading Technologies sit behind this service. That makes the setup more appropriate for traders who already understand exchange contracts, margin schedules, and platform fees.

How to Open an Account with Tickmill

0/5

Signup Process

The signup flow starts with registration, country selection, client type, email, and personal information. After entering the Client Area, the trader uploads documents, creates a live account, chooses account type, currency, and leverage, then selects a deposit method.

During our account-flow review, the form itself felt short. The real friction came later, around documents, payment-method matching, and entity assignment.

Verification Requirements

KYC verification is required. Traders should prepare proof of identity, proof of address, and payment-method ownership documents where requested. Third-party deposits are not accepted, and the funding name should match the Tickmill account name.

Minimum Deposit

Core CFD accounts require a $100 minimum deposit. Futures and options access uses a higher working minimum of $1,000. Base currency, region, and payment method can affect the practical minimum deposit or available funding method.

How Long Account Approval Takes

Onboarding can take minutes, but live access depends on document approval. Traders should wait until the account, payment route, and platform login are fully active before placing trades.

Markets and Assets Available

3.85/5

Forex

Forex is where Tickmill makes its strongest case. Traders get 60+ currency pairs, Raw spreads from 0.0 pips, leverage up to 1:1000 where allowed, MetaTrader terminals, FIX API access, EA compatibility, and permission for scalping. The package is clearly built for active FX strategies.

Commodities

In commodities, traders can use CFDs on precious metals and energy markets. Rollover, inventory data, central-bank events, and geopolitical shocks all need attention before holding these positions.

Stock Indices

For index traders, the range runs to 20+ global stock indices. Leverage can reach up to 1:100 depending on entity and client category. Longer holds can also pick up overnight financing and dividend adjustments.

Stocks and ETFs

The stock and ETF area is wide on paper, with 500+ CFD markets, leverage up to 1:20, and zero commission in the public market overview. The important limitation is product type: these are CFDs, not a full real-share investment service.

Cryptocurrencies

Crypto trading is CFD-based. Markets such as Bitcoin and Ethereum appear in the global market overview with leverage up to 1:200 and zero commission, subject to entity and client status. Zero commission does not mean cost-free trading, because spreads and overnight charges can still apply. The risk profile is sharp because digital-asset volatility is combined with leveraged CFD exposure.

Bonds

Bond exposure comes through German bond CFDs with leverage up to 1:100. This is a specialist area for macro traders who follow rates, yields, and central-bank policy.

Futures and Options

Under Tickmill UK Ltd, futures and options traders can reach contracts linked to the S&P 500, DJIA, NASDAQ, interest rates, energy, and metals. This part of the offer is exchange-traded rather than OTC CFD trading.

Leverage and Market Limits

Maximum leverage can reach 1:1000 for eligible accounts and entities. Forex and commodities sit at the highest tiers; indices, bonds, stocks and ETFs, and crypto CFDs use lower limits. Stop Loss and Take Profit do not have fixed distance limits. Trailing Stop is different: the minimum level is 1.5 pips or 15 points, only one trailing stop can be set per order, and MetaTrader must remain open for it to stay active.

Trading Platforms and Tools

5/5

MetaTrader 4

MT4 can be used on desktop, web, iOS, Android, and Mac. In Tickmill's setup, traders get one-click trading, Expert Advisors, custom indicators, market orders, Stop Loss, Take Profit, Trailing Stop, and pending orders such as Buy Limit, Sell Limit, Buy Stop, and Sell Stop.

For EA users and traders with existing MQL4 indicators, MT4 remains the cleanest Tickmill choice. Its age shows when broader multi-asset analysis is needed.

MetaTrader 5

MT5 is the better terminal for traders who want a more modern multi-asset workspace. It brings market, pending and stop orders, trailing stops, Expert Advisors, copy trading, Depth of Market, 38 indicators, 21 timeframes, 44 analytical objects, MQL5, and an economic calendar.

MetaTrader WebTrader

MetaTrader WebTrader is useful when a trader needs browser access without installation. It works well for checking trades away from the main desktop, although serious testing, custom indicators, and EA workflows still belong on desktop terminals.

Tickmill Mobile App

The Tickmill Mobile App feels more like an account-control hub than a charting terminal. Users can create accounts, deposit, withdraw, transfer funds, manage documents, monitor equity and balance, and open live chat. For trade analysis, desktop platforms and TradingView remain stronger.

Tickmill Trader

Tickmill Trader is the proprietary mobile CFD platform. The layout centers on portfolio overview, margin data, history, watchlists, chart navigation, and order entry. It sits inside the TradingView Raw environment, where commission is $3.50 per lot per side.

Our practical view is simple: Tickmill Trader helps mobile-first users. MetaTrader is stronger for automation, and TradingView is better for chart-led discretionary trading.

TradingView

TradingView is reached through the TradingView Raw account. Its appeal is chart-first trading: customizable charts, 110+ drawing tools, 400+ built-in indicators, 100+ fundamentals, and a large social charting community. Standard order workflow covers market, limit, stop-market, and stop-limit orders, with Stop Loss and Take Profit depending on broker integration.

FIX API and VPS

High-volume and algorithmic traders can use FIX API access. VPS hosting comes through partnership arrangements, which helps Expert Advisor users reduce connection disruption.

Research and Charting Tools

Research is strongest when the tools are combined rather than viewed as a single dashboard. Signal Centre, Acuity Trading, economic and earnings calendars, news, market analysis, forex calculators, and platform-native charts all have a role. TradingView is best for discretionary charting, MT5 for built-in tools, and MT4 for legacy indicators and EAs.

Educational Resources

The education library contains webinars, seminars, ebooks, video tutorials, a forex glossary, articles, and market insights. It helps with terminology and platform use, but it does not replace risk training or a tested trading plan.

Tickmill Deposits and Withdrawals

4.35/5

Payment Methods

The current public funding page shows bank transfer, crypto payments, Visa and Mastercard, Skrill, Neteller, and UnionPay. Country and entity rules decide which methods a client actually sees in the cashier.

Deposit Times

Bank-transfer deposits are processed within one working day and usually arrive in 2 to 7 working days. Crypto funding is marked as 24/7 instant. Visa and Mastercard, Skrill, Neteller, and UnionPay are also listed as instant, subject to checks and processor availability.

Withdrawal Times

Withdrawals are processed within one working day. Arrival estimates are 2 to 7 working days for bank transfer, up to 8 working days for cards, about 12 to 48 hours for crypto, instant for Skrill and Neteller, and up to 48 hours for UnionPay.

Withdrawal Limits

The minimum withdrawal is $25 or equivalent for the listed methods. Funds normally return to the original deposit method. Once the original deposit amount is sent back, profits can be moved to another registered method in the client's name.

Deposit Methods:

B2BinPay
B2BinPay
Mastercard
Mastercard
Neteller
Neteller
PayPal
PayPal
Skrill
Skrill
Union Pay
Union Pay
Visa
Visa
Wire Transfer
Wire Transfer

Withdrawal Methods:

B2BinPay
B2BinPay
Mastercard
Mastercard
Neteller
Neteller
PayPal
PayPal
Skrill
Skrill
Union Pay
Union Pay
Visa
Visa
Wire Transfer
Wire Transfer

Tickmill Customer Support Review

3.22/5

Support Channels

Support channels cover chat, email, phone, FAQ, and contact form. The support email is [email protected], and the listed phone number is +357 25041710.

Response Times

Tickmill describes general support as 24/5, but payment-related or human-agent coverage may follow narrower business-hour windows. For urgent funding and withdrawal issues, traders should not assume every support channel is available at all hours.

Live chat can start in under 1 minute, although the first response may come from the AI assistant. Email response is expected within 24 business hours.

Support Quality

In our live-chat check, the AI assistant answered basic questions but did not provide a full human-agent handoff. When agent access was requested outside support hours, the bot said the team was unavailable and ended the chat. That is not ideal for an active-trader broker.

Languages Available

Supported languages include English, German, Chinese Simplified, Chinese Traditional, Indonesian, Russian, Spanish, Arabic, Polish, Italian, Korean, Thai, Malay, Vietnamese, and Portuguese.

Tickmill User Reviews and Complaints

0/5

Positive User Reviews

Positive reviews focus on low spreads, low commissions, quick funding, platform usability, and webinars. One reviewer wrote:

payment is fast

Another positive review pointed to fast funding, no hidden fees, and a helpful account manager.

Negative User Reviews

Negative reviews in 2026 focus on account closures, delayed withdrawals, withheld or adjusted profits, slippage, and weak support escalation. One reviewer wrote:

I have been unable to withdraw without any reasons.

This type of complaint does not prove a systematic issue on its own, but it highlights why traders should complete verification early, avoid third-party funding, and test withdrawals before keeping a larger balance with the broker.

Common Tickmill Complaints

  • Withdrawal delays or blocked withdrawals.
  • Account reviews with limited public explanation.
  • Profit removal or account termination after internal checks.
  • Slippage around news and volatile prices.
  • AI chat failing to resolve complex account issues.
  • Bonus disputes linked to strict campaign rules.

Trustpilot and App Store Ratings

Review Platform Rating or Review Data Key Takeaway
Trustpilot 1,132 total reviews, including 194 reviews in the last 12 months. Review split: 58% five-star, 11% four-star, 4% three-star, 3% two-star, and 24% one-star. Trustpilot feedback is mixed. Most users leave positive ratings, but the 24% one-star share shows a clear complaint cluster around withdrawals, account reviews, support, and trading conditions.
Apple App Store 4.9 rating from 8 ratings in the Cyprus App Store listing. The score is high, but the sample size is too small to treat as strong evidence of overall app quality.
Google Play 10k+ downloads for Tickmill Trader. No clear public star rating appeared in the reviewed indexed listing. Download volume confirms usage, but it does not provide enough rating data for a reliable quality judgment.

Verification Issues

Identity, residency, payment ownership, bonus eligibility, and prohibited-jurisdiction checks create most verification friction. Traders should avoid multiple devices, mismatched payment names, VPNs, third-party deposits, and unclear residency documents when opening a promotion-linked account.

Platform Problems

Some complaints mention buggy client-area behavior, withdrawal screens that redirect incorrectly, balance display issues, and wallet-transfer problems. One short complaint criticized the support channel:

support is ai which is useless

Our test partly supports that concern. The AI assistant handled basic questions, but it was not enough for account-specific escalation.

Best Tickmill Alternative

0/5

Best Alternative for Beginners

IG is a better fit for beginners who want broad education, deep market coverage, and a polished mainstream platform. It offers over 17,000 markets and no minimum balance for a CFD account. Tickmill has the edge for active FX pricing.

The choice is clear: Tickmill for raw forex cost and MetaTrader execution, IG for education, platform polish, and broader market discovery.

Best Alternative for Low Fees

Fusion Markets is a strong low-fee alternative for traders who want simple raw-spread pricing. Its Zero account uses spreads from 0.0 pips with a $2.25 commission per side, which makes it cheaper on commission than Tickmill's Raw account. Fusion Markets also has no minimum account size, so it gives cost-sensitive traders more flexibility when starting small.

Tickmill still has the edge for traders who want wider regulation coverage, futures access under its UK entity, and a broader review record. Fusion Markets is better when the main priority is keeping forex trading costs as low as possible.

Best Alternative for Advanced Traders

Saxo is a better fit for advanced traders who need a more complete multi-asset trading setup. Its platform suite is built for deeper market analysis, advanced charting, risk-management tools, multi-screen workspaces, and access to a wider range of global markets. This makes Saxo more suitable for traders who manage complex portfolios rather than only short-term forex or CFD positions.

Tickmill is stronger for high-leverage forex CFDs, MetaTrader users, scalpers, and algorithmic traders. Saxo is the better choice for experienced traders who want broader market access, stronger portfolio tools, and a more professional trading environment.

Best Alternative for Forex or CFD Trading

FP Markets is a strong forex and CFD alternative because it combines raw-spread pricing with a broad platform selection. Its Raw account offers spreads from 0.0 pips, $3 commission per lot each way, a $100 minimum deposit, and access to MT4, MT5, cTrader, and TradingView. That gives traders more platform flexibility than Tickmill, especially if they prefer cTrader or want several execution environments under one broker.

Tickmill remains attractive for traders who want low Raw commission, fast execution, and a focused MetaTrader setup. FP Markets is more suitable for traders who want a wider platform mix and a broader CFD trading environment without moving away from competitive raw pricing.

How Tickmill Compares for Different Traders

0/5

Tickmill for Beginners

Beginners can use Tickmill, but it is not the easiest starting point. The $100 minimum deposit, demo account, and education library help. The harder part is risk control: leverage up to 1:1000, complex CFDs, and AI-heavy support make cautious position sizing essential.

Tickmill for Day Trading

Day traders get one of Tickmill's better setups. Scalping, hedging, news trading, EAs, and algorithms are allowed. Raw pricing, low commission, no requotes, and 0.15-second average execution help short-term strategies, though slippage remains part of live trading.

Tickmill for Forex Trading

Forex is the clearest use case. The range has 60+ currency pairs, Raw spreads from 0.0 pips, $3 per lot per side commission, MetaTrader access, and high leverage where allowed.

Tickmill for Long-Term Investors

Long-term investors have better options elsewhere. Tickmill's stocks and ETFs are CFDs, not real share custody, funds, retirement wrappers, dividend reinvestment, or portfolio-planning tools. Saxo, IG, or a local stockbroker should be compared first.

Tickmill for Crypto Trading

Crypto exposure is CFD-based, not spot ownership. Traders can speculate on crypto prices without holding coins, but they face leverage, swaps, entity restrictions, and no blockchain withdrawal. The setup is better for experienced short-term traders than buy-and-hold crypto users.

Is Tickmill Safe and Legit?

4.7/5

Licensing and Regulation

Tickmill is a legitimate multi-regulated broker group. Key licenses include Seychelles FSA SD008, FCA register 717270, DFSA reference F007663, CySEC license 278/15, and South Africa FSCA FSP 49464. Entities include Tickmill UK Ltd, Tickmill Europe Ltd, Tickmill Ltd, Tickmill South Africa, and the Dubai representative office.

Entity selection is the safety detail that matters most. A UK account has a different protection profile from a Seychelles account.

Security Features

The security layer is built from KYC checks, payment-method ownership rules, client-area document review, platform login controls, and mobile biometric access. In our security review, regulatory safeguards were clearer than app-feature disclosure. More detail on two-step login and account recovery would improve transparency.

Investor Protection

Investor protection depends on the entity. UK clients are covered by the Financial Services Compensation Scheme up to £120,000 per person. EU clients are covered by the Investor Compensation Fund under CySEC rules, covering 90% of an eligible claim up to €20,000. Offshore protections are not equal to UK or EU coverage.

Negative Balance Protection

Negative balance protection is available. An eligible CFD account should not create debt beyond the funds in the trading account, but this does not protect the deposited balance from trading losses.

Segregated Client Funds

Client money is kept apart from company operating funds in segregated accounts at tier-1 banks. Segregation is an important safety baseline, not a guarantee against every trading, operational, or legal risk.

Final Verdict

Tickmill makes its strongest case to active forex and CFD traders who value raw spreads, MetaTrader infrastructure, fast execution, and flexible strategy rules. Raw is the best setup, with spreads from 0.0 pips and $3 per lot per side commission. Depth comes from MT4, MT5, TradingView, FIX API, VPS, copy trading, and UK futures access.

The drawbacks are just as important: inconsistent support, limited AI-chat escalation, a meaningful one-star Trustpilot cluster, high leverage, and entity-based protection differences. The best fit is an experienced trader using Raw pricing under the strongest available regulation.

Overall, the verdict is positive but cautious. Tickmill suits active forex traders far better than beginners, long-term investors, or users who need premium live support.

Tickmill Review FAQs

Is Tickmill a regulated broker?

Yes. Several entities sit under regulation, including the FCA, CySEC, Seychelles FSA, FSCA, and DFSA representative-office oversight. Protection differs by entity.

Is Tickmill good for scalping?

Yes. Tickmill is suitable for scalping because it allows short-term strategies, Expert Advisors, hedging, and news trading. The Raw account is usually the better choice for scalpers because it offers tighter spreads and a clear commission structure.

Does Tickmill offer negative balance protection?

Yes. Tickmill offers negative balance protection for eligible CFD clients. This means a trading account should not fall below zero, although the deposited balance can still be lost through trading losses.

Does Tickmill offer crypto trading?

Yes. Cryptocurrency CFDs such as Bitcoin and Ethereum can be traded, subject to entity and client-category rules. These are CFDs, not spot crypto assets, and crypto long positions can carry a 10% yearly swap charge after the swap-free period.

Chad Powell FxRanking Author

Chad Powell

Author Profile

A trading writer covering Forex and cryptocurrency markets, with a focus on risk management, technical analysis, broker platforms, and capital preservation. His content emphasizes practical trading concepts, crypto security, and scam awareness, helping traders make informed decisions and approach the markets with realistic expectations.

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