Tickmill Review

Tickmill is an award winning ECN broker
who has been around for a long time.
The reputation of this brokerage has
grown by leaps and bounds over the
years. Read our full review to find out
the unique features of this broker.

Tickmill Features-

Tickmill is a trading name of Tickmill Ltd
which is a company registered in
England and Whales and has a registered
office in 1Fore street, London EC2Y 9DT.
This firm is regulated by UK Financial
Conduct Authority(FCA register number-
717270). This broker is also regulated as
a Securities Dealer by the Financial
Services Authority of Seychelles with
license number SD008.

Tickmill features two type of trading
platform namely MT4 and web based
trading interface. Both the trading
platforms supports a unique program
offered by the platform called auto
chartist which sends alerts to the users
via push notification and pop up alerts
whenever certain chart patterns like
wedge, flag and triangles, etc occurs,
so that the users don’t have to be
glued to the computer screen.

Unlike many brokers who does not
approve certain strategies like
hedging, this brokerage supports all
type of trading strategies. This is
due to the fact that they are ECN,
they only make money by
commissions and hence have no
conflict of interest. It does not
matter whether you are a positional
trader, swing trader or a scalper,
this traders has something to offer
to everyone.

Tickmill runs a lot of bonuses and
contest on a regular basis. The
contest does not always require
you to risk money as the demo
account challenges are also thrown
frequently so that you get to show
your trading skills to other members.

There is a segment called Tools which
can be accessed on Tickmill Website.
It has a host of additional features and
services which will help you to stay on
top of all the latest market trends and
news. There are 6 categories namely

1. Autochartist – Autochartist is a program
designed to identify chart patterns and
key price levels across a wide range of
Forex and CFD instruments, so that you
don’t have to be glued to the computer
screen all day long. This feature is provided
to all the users free of charge.

2. Myfxbook AutoTrade – This option
provides the users a hands-off Trading
experience. Autotrade is operated by
Myfxbook and is compatible with MT4
platform. The users can choose the
traders whom they want to follow
depending upon their previous trading
history and all their trades will
automatically get executed in the user’s
trading account.

3. Forex Calendar – Forex calendar notifies
the traders whenever a news release is
about to take place. Make sure to check
them out regularly so that you will be
informed about the latest market trends as
and when they rise.

4. Forex Calculators – This tool helps you
to know the exchange rate of one currency
in to the other. Further more, this tool will
help you to know the pip value and margin
amount you have to maintain for an open
position depending upon the leverage, lot
size and currency pair chosen.

5. Tickmill VPS – If you are using an EA to
trade for you then it is always better to
have a VPS so that internet disconnects
and system errors cannot affect your
trading account. Tickmill offers 100%
up time guarantee ensuring the smooth
function of the EA.

6. One-Click Trading – This option allows
the users to perform trade operations
with a single click. The users also have
the liberty to create their own buy and
sell orders with a push of a button.
Before you start using this feature go
through the user manual once so that
you can get maximum benefit out of it.

Tickmill offers a wide range of trading
instruments which includes Forex(62 pairs),
CFD(15 major International Stock Indicies),
Precious Metals(2 pairs), Bond and
Cryptocurrencies(Btc/Usd).

Tickmill features 3 types of Account.
They are –

1. Classic
2. Pro
3. VIP

All the accounts have a swap-free Islamic
account option. For more flexibility and
lower transaction fees the traders have
to ramp up their initial investment.
Regardless of which account you choose,
this broker offers you a demo account so
that you can try out various trading
strategies and familiarize yourself with
the platform without risking any money.

If you encounter any problem on Tickmill
platform the support team can be reached
through email, telephone and Live chat.
The support team is available 24/5.

Tickmill Deposit and Withdrawal-

Tickmill supports payments and withdrawals
from Credit/Debit cards, wire transfer and
a lot of e-wallets like Neteller, Skrill, Fasapay,
etc. The minimum amount for deposits is
25$ and the minimum withdrawal amount
is 10$. Transaction fees of up to 100$ is
covered by Tickmill.

Tickmill Review Conclusion-

Tickmill is undeniably one of the best ECN
broker. Regardless of which trading system
you follow this broker will surely ensure
the smooth execution of your trades.

Summary
Reviewer: John
Review Date: 2018/05/19
Author Rating: 5/5

Please follow and like us:

Add a Comment

Your email address will not be published. Required fields are marked *

Enjoy this blog? Please spread the word :)

  • RSS
  • Follow by Email
  • Facebook
  • Google+
    https://simplefxonline.com/2018/05/21/tickmill-review">
  • Twitter