Tickmill withdrawal methods

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Deposit and Withdrawals, tickmill withdrawal methods.

Tickmill has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, tickmill does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately.

Deposit and withdrawals

Add, transfer or withdraw funds with ease, using the payment method that's most convenient for you.

Control
your account

Being able to make a deposit or withdrawal on your own terms is so important to your trading experience. At tickmill we think it’s crucial that you’re able to manage your funds effectively. So, we provide a range of secure, instant and easy to use deposit and withdrawal options.

All deposits starting from 5,000 USD or equivalent, processed in one transaction by bank wire transfer, are included in our zero fees policy. *

We will cover your transaction fees up to 100 USD or equivalent. Just email a copy of your bank statement or any other confirmation document for the transferred deposit to our support team. Within one calendar month after the deposit was made we will compensate your fee.

*we reserve the right to charge a maintenance fee where there is a lack of trading activity.

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Deposit / withdrawal methods

Some options are only available to residents of certain countries. Also note that, when you request a withdrawal from your client area, the withdrawal will be in the base currency of your trading account. E.G. If your trading account is in USD, then your withdrawal will be processed in USD.

commission
Currencies	USD , EUR , GBP
min. Deposit	100
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	within 1 working day
on withdrawal	within 1 working day

commission
currencies	USD , EUR , GBP
min. Deposit	100
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	instant
on withdrawal	within 1 working day

commission
currencies	USD , EUR , GBP
min. Deposit	100
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	instant
on withdrawal	within 1 working day

commission
currencies	USD , EUR , GBP
min. Deposit	100
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	instant
on withdrawal	within 1 working day

commission
currencies	USD , EUR , GBP
min. Deposit	100 EUR, USD, GBP
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	instant
on withdrawal	within 1 working day

commission
currencies	USD , IDR
min. Deposit	$100 or 1,500,000 rp
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	instant
on withdrawal	within 1 working day

commission
currencies	CNY
min. Deposit	700 ¥ or € / $ / £ 100
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	1-2 hours
on withdrawal	within 1 working day

commission
currencies	VND
min. Deposit	2,000,000
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	instant
on withdrawal	within 1 working day

commission
currencies	USD , RUB , EUR
min. Deposit	100
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	instant
on withdrawal	within 1 working day

commission
currencies	USD , EUR
min. Deposit	100
min. Withdrawal	25
on deposit	none
on withdrawal	none
processing time
on deposit	instantly
on withdrawal	within 1 working day

Deposit and withdrawal conditions

Simply login to your client area and click on the green ‘deposit’ button, located to the left of your dashboard.

Step 1: you’ll first be prompted to select which account you’d like to deposit in. Step 2, will then automatically appear below.

Step 2: you then select the payment method using the buttons on the right of the payment method table. Step 3 will then automatically appear below.

Step 3: state how much you would like to deposit into your account.

You may also be prompted to enter the currency in which you’d like to make the deposit and some other options.

Click submit.

We do not accept any payments made via a third-party source.

You must only use payment methods that are under your name and lawfully belong to you.

We reserve the right to require proof from you at any time. Failure to comply with this, will result in your payment getting frozen or being refunded.

We reserve the right to apply a penalty processing fee if a third-party payment is made.

If you use a credit/debit card to deposit, we may require scanned colour copies of both sides of your card to combat fraud. But, please do NOT send us any copies if we didn’t ask for them.

– upon receiving our request and before sending any copies to us, please cover (black-out) all digits except the last 4 on the front side of your card for security purposes.

– please also cover (black-out) the CVV code on the back of your card.

– all other details must be clear and visible.

– your card must be signed, and your signature must be clear and readable.

Please be informed that we will NEVER ask you for any sensitive card details (such as your full card number, CVV code, 3D-secure code, PIN code, etc.). If you received a suspicious request for any sensitive details from an unclear source, please contact us immediately.

If your credit/debit card deposit was unsuccessful, please try depositing again, while checking if:

– you have entered your card details correctly.

– you’re using a valid (not expired) card.

– you have sufficient funds on your card.

– if all of the above is fine, but your card deposit is still unsuccessful, it may mean that your issuing bank does not authorise your card to make the deposit. In that case, please use another card or any other payment method available in your trading account.

Simply login to your client area and click on the ‘withdrawal’ button, located to the left of your dashboard.

Step 1: you’ll first be prompted to select which account you’d like to withdraw from. Step 2, will then automatically appear below.

Step 2: you then select the method of withdrawal using the buttons on the right of the table. Step 3 will then automatically appear below.

Step 3: state how much you would like to withdraw from your account. Depending on the withdrawal method, you may have to enter more information related to the withdrawal type.

Click submit.

As a general rule, we only process withdrawals back to the payment method you originally used for depositing.

For credit cards ONLY:

– if you use a credit/debit card to deposit, we will always send the same total amount of withdrawals equal to your total deposits back to your card. Any remaining withdrawal amount which is above the deposited amount, will be processed to the payment method of your choice.

Example: if you deposited $100 by credit/debit card, earned a profit of $1,000 and requested a withdrawal of $1,000, you will get $100 back to your card and the remaining $900 to the payment method of your choice.

Alternative payment methods:

– if you use a credit/debit card and another method (e.G.: skrill ewallet) to deposit, your withdrawal will first be processed back to your card and any remaining withdrawal amount will be sent back to the other method used (e.G.: skrill ewallet).

Example: if you deposited $100 by skrill and $50 by credit/debit card, and requested a withdrawal of $90, you will get $50 back to your card and $40 to your ewallet.

Internal transfers from an MT4 account to another MT4 account are instant when the base currencies of both accounts are the same.

If the base currencies of the MT4 accounts are different, such internal transfers should be requested manually by sending an email to funding@tickmill.Com.

Internal transfers from an IB account to an MT4 account are processed automatically.

Please familiarise yourself with our general terms & conditions found on our website. Our customer support team is available monday – friday 07:00 am – 20:00 pm GMT to assist you if you need any help with making your payments.

It’s also important to note that, should we become aware that you’re purposely abusing our payment methods, we reserve the right to close your account and also charge you all applicable transfer and refund fees incurred on our side.

START TRADING with tickmill

It's simple and fast to join!

REGISTER

Complete registration, log in to your client area and upload the required documents.

CREATE AN ACCOUNT

Once your documents are approved, create a live trading account.

MAKE A DEPOSIT

Select a payment method, fund your trading account and start trading.

TRADING INSTRUMENTS

TRADING CONDITIONS

Forex & cfds

TRADING ACCOUNTS

PLATFORMS

EDUCATION

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PARTNERSHIPS

PROMOTIONS

ABOUT US

SUPPORT

Tickmill is the trading name of tickmill group of companies.

Tickmill.Com is owned and operated within the tickmill group of companies. Tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus), tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA) (registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town), tickmill ltd, address: 3, F28-F29 eden plaza, eden island, mahe, seychelles regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927 (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill asia ltd - regulated by the financial services authority of labuan malaysia (license number: MB/18/0028 and registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia).

Clients must be at least 18 years old to use the services of tickmill.

High risk warning: trading contracts for difference (cfds) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade contracts for difference (cfds), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.

The site contains links to websites controlled or offered by third parties. Tickmill has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, tickmill does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately.

You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of tickmill or any of its affiliates, directors, officers or employees.

The services of tickmill and the information on this site are not directed at citizens/residents of the united states, and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Tickmill withdrawal methods

We do not support broker to broker transfer, we only offer our standard payment methods.

How do I deposit funds to my account?

You can make a deposit inside your client area using a funding option that suits you best. There are no fees on deposits.

What is the minimum deposit?

The minimum deposit for all account types is $100. However, to get a VIP account, you have to reach a balance of minimum $50,000.

How do I withdraw funds from my account?

Do you have any charges on deposits and withdrawals?

Tickmill has a zero fees policy on deposits and withdrawals.

How fast do you process my withdrawals?

We process all withdrawal requests within one working day.

How long does it take for funds to reach my bank account?

We process all withdrawal requests within one working day. The time necessary for the funds to reach your bank account depends on your bank’s policy. Bank withdrawals can take 3-7 working days to be seen on the client’s account. Credit/debit card withdrawals can take up to 8 working days to be seen on the client’s account.

Can I withdraw via a different payment method from the one I used to deposit?

Tickmill’s policy is to process withdrawals via the same method that you used to deposit. For example, if you deposited using a credit card, the card will be credited with the amount equal to the deposit amount. Upon request, we can send any profits via other payment methods under your name.

Can I withdraw my money if I have an open position(s)?

Yes, you can. However, at the moment of withdrawal processing, your free margin must exceed the amount specified in the withdrawal instruction including all payment charges. Free margin is calculated as equity minus the necessary margin (which is required to maintain an open position).

If you do not have sufficient free margin on your trading account, we will not carry out the withdrawal request until you submit a corrected withdrawal form and/or close the open positions on your account.

TRADING INSTRUMENTS

TRADING CONDITIONS

Forex & cfds

TRADING ACCOUNTS

PLATFORMS

EDUCATION

TOOLS

PARTNERSHIPS

PROMOTIONS

ABOUT US

SUPPORT

Tickmill is the trading name of tickmill group of companies.

Clients must be at least 18 years old to use the services of tickmill.

Tickmill minimum deposit & withdrawal methods

The british broker tickmill is a company originally established in estonia, which is now regulated by the FCA thanks to its branches in great britain and the seychelles. At tickmill, more than 60 forex pairs and cfds can be traded via the popular metatrader 4 or the in-house webtrader, with three different account models at favorable conditions. The STP broker offers access to the markets with a minimum deposit of 100 euro or US-dollars at tickmill. Since the provider is still little known in germany, we will show you how tickmill deposits and withdrawals are handled and what fees traders have to expect for transactions.

The payment possibilities at a glance

Facts about the payment methods and conditions of tickmill:

A minimum deposit of 100 euro / US dollar

Payment execution by visa or mastercard, bank transfer, IMMEDIATELY, skrill, neteller, paysafecard, dotpay

Account management in EUR, USD, GBP and PLN

No deposit and withdrawal fees

Why payment methods are so important

Traders who are just taking their first steps in forex and CFD trading, possibly having found their way in through a demo account, usually focus on the educational offerings and later on the conditions of a broker. Once they are satisfied with the demo, the transition to a real money account with the same provider is easy. But experienced users know that all too often less attention is paid to payment methods.

Awards as a symbol of good services

Accordingly, dissatisfaction with payment methods, in particular, is one of the most frequent reasons for switching brokers. Some online brokers charge double-digit fees, which significantly reduces the trader’s return, and delay payouts due to unnecessarily long processing times. However, high minimum deposits of four-digit amounts are also a shortcoming, as they make it difficult, especially for beginners, to gain access to trading at all.

The payment methods offered depend on the broker

Ewallets are becoming increasingly common

Deposit and withdrawal methods are usually the same

Payments via third parties are not accepted

Fortunately, an insight into customer wishes and the competitive pressure among the numerous online brokers on the market ensures that the range of payment methods is also becoming increasingly comprehensive and customer-friendly. Thanks to above all too common ewallets, payments can be made faster and more cost-effectively. However, all providers have certain restrictions in common, such as those relating to payments via third parties. An overview presents the common payment methods, their advantages, and limitations.

Credit cards remain one of the most popular options

If you use a credit or debit card to capitalize on your trading account, most brokers will allow you to deposit and withdraw larger amounts free of charge – usually up to 10,000 euros. Another advantage is the immediate crediting so that trading can begin immediately. And traders do not have to worry about the security of their own data. A glance at the data protection information shows that brokers know and apply the importance of secure data transmission and modern encryption technologies.

In addition, credit cards, formerly a rather exclusive means of payment with their own, quite high annual fees, are now offered very cheaply or even free of charge, especially by direct banks, and are thus accessible to the average customer. Additional costs for the card alone are a thing of the past. What traders should consider is that it is not unusual for brokers to insist on a scan of the credit card for card payments.

The customer does not always have the option of blackening some digits of the card number! In addition, with card payments, the maximum amount deposited is often the payout limit for this option. And not all providers offer free card payments, whether for deposits or withdrawals. Therefore, there are sometimes good reasons against capitalizing the merchant account by credit card.

Bank transfers are secure and much faster

A very secure and mostly free alternative to payment by credit card is the conventional bank transfer, especially in the single euro payment area. SEPA bank transfers are executed within one working day. As long as they are done from your own home banking, there are no costs involved, and most brokers also offer free of charge payment by bank transfer. Furthermore, bank transfer can be tracked very well. However, the secure and inexpensive payment method is anything but fast, because the processing time by the bank is joined by the processing by the broker.

A mostly free alternative

It can take at least two and up to seven working days for the trader to receive the credit on his trading account. Nothing for the hurried! And for international transfers to a broker outside the EU it can take even longer. There may also be costs associated with bank transfers, for example, if the transaction is ordered on paper or by telephone. International bank transfers are subject to interbank commissions, and if the currency of the transaction is not the same as the currency of the trading account, exchange rate costs are added.

Online payment methods

Electronic payment options are becoming increasingly popular – the pioneer is paypal, once the in-house payment solution of the ebay platform, now an independent financial service provider with a banking license. Imitators with almost as large a customer base are skrill and neteller, providers who enable the international transfer of even large amounts at good conditions. Links to the current account are the basis for fast payment options such as trustly or sofort. And international ewallets are joined by regional solutions such as the german giropay.

Apart from neteller a very well-known service

The value date of the instructed amounts is immediately or within one day at the latest with the electronic payment service providers, and the fees charged by brokers on such payments are, if any, rather low. The security measures for online payments are also convincing, and they can even be made by mobile phone. It is therefore not surprising that the list of e-payment providers is also getting longer and longer among the payment methods used by forex and CFD brokers. This is a real alternative for customers, especially since the chosen payment method is then usually also binding for payouts.

With the deposit you commit yourself for the payout

If a trader has decided on a particular payment method at or shortly after opening the trading account, this method usually remains binding. For example, when depositing by credit card, subsequent withdrawals from the trading account must also be made through the credit card account. A combination of different methods is usually not possible – much to the disadvantage of traders, as it is not uncommon for there to be no fees when depositing via a certain method, but there are fees when withdrawing, and vice versa.

Customers would be better served with a flexible combination of different options, but unfortunately, the majority of brokers do not allow this. If you later want to change a payment method once it has been selected, it is necessary to contact customer support and in any case to go through a re-verification process. In addition, the amount of the largest deposited amount usually automatically represents the limit for later withdrawals.

Everything you need to know about the deposits at tickmill can be found in the following table:

Method:	minimum amount:	processing time:
visa/mastercard	100 USD	within 24 hours
bank transfer	100 USD	within 24 hours
IMMEDIATELY	100 USD	within 24 hours
paysafecard	100 USD	within 24 hours
neteller	100 USD	within 24 hours
skrill	100 USD	within 24 hours
rapid	100 USD	within 24 hours
dotpay	100 PLN	within 24 hours

Transactions on own account only

The capitalization of the trading account, no matter by what means, can only ever be done in your own name. Payments by and to third parties, via the partner’s mastercard or as a transfer from friends, are not accepted under any circumstances unless explicit escrow accounts can be kept. This applies not only to brokers within the european union but internationally.

The broker cooperates with many payment providers

This is due to binding regulations that are intended to help curb money laundering and capital flight. Furthermore, business accounts cannot be used for payments – at least not by private traders. Under certain circumstances, brokers may offer this option for their business customers. The reference account through which all payments are made must be in the same name as the trading account with the broker.

Three accounts, small minimum deposit at tickmill

The british STP broker offers its customers a demo account and three different real money accounts, the “classic” and ECN-pro account with a tickmill minimum deposit of only 100 euro. However, accounts can also be managed in USD, GBP, and PLN. This way, especially beginners do not have to invest too much money to get started in trading. Experienced traders receive particularly favorable conditions for trading with the VIP account, but must make an initial deposit of 50,000 USD.

Two accounts with 100 USD minimum deposit

Free demo is offered

VIP account for experienced traders

Swap-free islamic account

different account options at tickmill

The different account models allow users to choose the offer that best suits their needs. Trading fees are charged in different ways, with the classic account through spreads, with the ECN account through commissions. For both accounts, the minimum transaction size is only 0.01 lot, which means that even small investments can be traded.

How tickmill deposits and withdrawals are possible

The trading account with tickmill is set up by clicking on the “open account” button in the website header. Traders have the choice of trading with the FCA-regulated UK provider or having their account managed by the seychelles branch, which allows them to use higher levels of leverage. The form, which must now be filled out, asks for first and last name, country of residence, e-mail and telephone number, but also for the preferred language of communication. In addition, the trader can decide whether a private or business account should be managed.

Familiarize yourself with the procedure

With the sending of these first details, the user receives an e-mail with a confirmation link. Afterward a verification is necessary. For this purpose, a copy of an identification document and a proof of address must be uploaded. Verification is necessary because without it no payouts can be made later. The broker usually verifies the documents within 24 hours, often even faster, so that traders can deposit money immediately at tickmill.

First transactions via the trading account

After verification by the broker, the trading account is activated and the client can make deposits and withdrawals at tickmill. Both are done from the personal customer area, after login. Among the offered payment methods you will search in vain at tickmill paypal. Most options can be used for all offered account currencies, i.E. Euro, US dollar, british pound, and polish zloty. An exception is the IMMEDIATE bank transfer by the swedish provider klarna, where only euro or GBP can be transferred. The polish payment solution dotpay can also only be used for zloty.

First transactions can be done easily

No fees for payments at tickmill

Fortunately, there are no fees for depositing money at tickmill and no fees for withdrawals. Traders who wish to capitalize their account by bank transfer can take advantage of tickmill’s zero fees policy. This means that the broker will cover the costs of the transaction from a deposit value of 5,000 USD or the equivalent in one of the other possible currencies, up to a maximum of 100 euros / USD.

In order to receive the refund, traders only need to send a copy of their account statement to tickmill support within one calendar month after making a deposit. The amount will then be refunded within a few days. Nevertheless, tickmill also reserves the right to charge fees for deposits or withdrawals – namely when the user is inactive.

Normally, there are no commissions

Tickmill payout: fast and free

It is similarly uncomplicated and fast when traders want to withdraw money from their trading account at tickmill. The tickmill payout is requested from the personal customer area, the processing by the broker usually takes place within one working day. However, traders should take into account that depending on the payment method chosen, further processing times may be required by the payment service provider, so that, for example, if withdrawals are made by bank transfer according to tickmill, withdrawals are only credited after up to seven working days.

Deposit and withdraw money with ease

Withdrawals are generally made via the same channel as deposits, except for paysafe – where an alternative withdrawal method must be selected. Of course, the account holder must be verified in order for the payout to take place at all, and the transferred amounts must not result in a coverage gap for open positions.

Everything you need to know about withdrawals with this broker can be found in the following table:

Method:	minimum amount:	time-span:
visa/mastercard	25 USD	within 24 hours
bank transfer	25 USD	within 24 hours
IMMEDIATELY	25 USD	within 24 hours
paysafecard	25 USD	within 24 hours
neteller	25 USD	within 24 hours
skrill	25 USD	within 24 hours
rapid	25 USD	within 24 hours
dotpay	25 PLN	within 24 hours

Buy-in bonus and competitions at tickmill

Bonus payments are prohibited for forex and CFD brokers within the EU, but anyone trading through tickmill’s seychelles office can look forward to the $30 US no deposit bonus. Clients who open a “welcome account” with the broker will receive a credit for this amount, which can be used for trading, without the need to make their first deposit. Winnings made with the welcome account can be transferred to a real money account up to 100 US dollars later.

Inform yourself about the conditions in detail

Another additional offer is the “trader of the month” contest. For this, tickmill customers do not have to register; instead, the broker selects a particularly successful trader, who wins prize money of 1,000 US dollars. Other competitions include, for example, forecasts on the performance of financial instruments, and attractive cash prizes can also be won here.

Occasionally raffles are added, such as recently especially for german traders the possibility to win a trip for two to london and to meet the managing director of tickmill at dinner. Further additional offers include the demo account, the comprehensive, free educational offer, and also the broker’s trading tools, which are also available to traders at the british branch.

Conclusion: good conditions, free payment methods at tickmill

The british broker tickmill, which is not yet very well known in germany, recently launched a website in german to present its services to german traders. Three account models allow trading with forex and cfds with the FCA-regulated provider with STP/ECN market model. The minimum deposit, initially set at 25 USD, has now been raised to 100 USD, but is still low enough for private investors.

Favorable payment conditions with the worldwide broker

The conditions for forex and CFD trading can be described as good, even if the trading offer for cfds is still quite narrow. All relevant information is presented very transparently on the website. Tickmill offers its customers a sufficient choice of payment methods. In addition, all options can be used without fees from the broker, both for deposits and withdrawals.

For bank transfers of amounts over 5,000 euros or US dollars at deposit, the provider even reimburses possible costs on the part of the bank, provided that the customer documents the payment within one calendar month by submitting a bank statement. Alternatively, the trading account can be capitalized by credit card, but also by using skrill, neteller, paysafe or IMMEDIATELY. Processing is carried out immediately; a value date can be expected within one working day at the latest; payout orders are also processed promptly and free of charge.

Traders must find out for themselves whether fees are incurred by the payment service provider, and how long the processing of payouts takes until they are credited to the reference account. By waiving its own fees, the broker offers extensive freedom of choice when selecting a payment method. Interested users also have the opportunity to test tickmill’s offer through the free demo account, which is unlimited in time, and thus get an idea of the broker’s services for themselves.

Read our other articles about tickmill:

Forex brokers lab

BROKERS with LOW SPREADS

ASIC REGULATED BROKERS

BROKERS with MINIMUM DEPOSIT

BEST FOREX BONUSES

Regulators : FCA, FSA, CYSEC

Cryptocurrencies: YES

Minimum deposit: $100

Maximum leverage: 1:500

Spreads: low

My score: 7.9

First thing I can say about tickmill forex broker is that it is one of the fastest growing brokers in the world. Thanks to the company’s aggressive growth policy, tickmill succeeded in reaching thousands of forex traders from a wide range of different countries in a very short period of time. The website has more than a million visitors a month. In this tickmill review, you will find information on tickmill spreads, regulations, account types, deposit and withdrawal methods. Are you wondering is tickmill scam or legit? I would definitely recommend reading this review before opening an account with tickmill.

Tickmill regulation and investor protection

One of the most crucial issues in the forex system is regulation. Because when you have problems with your broker, the regulators help you to solve the problems. Think about; you wanted to withdraw but the broker could not let this. In this situation, the regulator moves in and protects your rights. We can duplicate samples like this. Let’s see what tickmill offers us.

There are two different companies behind the tickmill brand name. One of them is tmill UK limited and the other is tickmill limited. Tmill UK limited regulated by FCA (register number: 717270) in the UK FCA while tickmill limited regulated by FSA in seychelles.

Clients of the UK broker are protected by financial services compensation scheme-FSCS as well as FCA. If the forex broker goes bankrupt, the investors’ money is under the FSCS guarantee. The institution pays investor’s money up to £50,000. This shows your money is in safe if the broker goes bankrupt.

In addition, vipro markets, which operates in cyprus with CYSEC-licenced, joined the tickmill group in 2017. Before joining the tickmill group, this company also had more than 500,000 visitors per month. If a broker wants to have a cysec license, it must keep at least €1,000,000 to prove to clients that they can make a payment. I think it is a reassuring feature for prospective clients who are suspected of not taking their money.

In order to keep your money safe, you must trade with a broker who has a license. Watchdogs allow the brokers to act in accordance with the rules. They periodically inspect the brokers and if the brokers do not obey the rules, they may cancel the licenses.

The tickmill forex broker has grown rapidly in a short period of time and currently serves forex and CFD trading in asia, the middle east and africa.

Tickmill spreads and account types

Tickmill offers customers 4 different account types as follows:

account type	minimum deposit	maximum leverage	spreads (& commission)	swap free
classic	$100	1:500	from 1.6 pips	yes
pro	$100	1:500	0.2 pips + $4 / lot (round turn)	yes
VIP	$50.000	1:500	0.0 pips + $3.2 / lot (round turn)	yes

In all of these 4 account types, you can trade on 85 trading instruments and use USD, EUR, GBP, PLN as base currency of the account. The maximum leverage in the accounts is 1:500.

Classic account is more suitable for newbie investors. Minimum deposit for classic account is $100. It can be called an average deposit. There is no commission, but spreads start from 1.6 pips on EURUSD. If I compare it with fxpro, I can say that spreads are higher in the classic account in tickmill. However, the pro account that we can see as ECN account is quite advantageous compared to other brokers’ ecns.

In the pro account, the minimum deposit is same with classic account and it is $100. You only pay a commission of $ 2 per lot and $ 4 per round turn. I can easily say that this commision is quite low. If we compare with other brokers, tickmill offers better commission fee. For example FXPRO offers $ 3 per lot and $ 4.5 per round turn.

The most advantageous of all is the VIP account. You only pay a commission of $ 1.6 per lot. However, the minimum deposit for this account is $ 50,000. Tickmill also offers personal multi account manager. With the MAM program, professional money managers are assigned to act on behalf of their clients. In this way, a money manager can perform block trades on all accounts with his master account effectively.

If you are an investor with islamic belief and do not want to earn or pay interest, you can apply for a swap free account for all these account types. Tickmill offers the same terms and conditions as their regular account types to its clients who want to use islamic accounts. The only difference is that there are no swaps. Tickmill may ask you to document your belief. It also has the right to reject your application.

Trading products

Tickmill offers to trade cfds on currency pairs, precious metals, crude oil, stock indices, bonds and cryptocurrencies. The broker includes only BTC on cryptos. This is a disadvantage for tickmill. And also, +60 pairs of forex pairs available.

Trading platforms

You can trade with tickmill on desktop or tablet, browser or on-the-go with your smartphone. Metatrader 4 and web trader are available. MT4 is considered to be the world’s most popular forex trading platform because it is easy to use, offers a variety of graphics and indicators, a variety of expert advisors (eas) and most importantly supports the MQL language.

Cfds on forex, stock indices, WTI, commodities, bonds and cryptocurrencies

EA trading facilities

Micro lots available

No partial fills

Promotions

Tickmill offers three promotions to its clients. One of them is ‘trader of the month’ : each month, tickmill selects the best and highest performance among its talented clients and rewards it with a $ 1,000 award. They take into account not only good profits, but also money and risk management skills when selecting the winner. I would say that this promotion enables competition among clients. Available to clients of tickmill ltd (FSA SC regulated) only.

The second one is ‘tickmill’s NFP machine’. This promotion is also available to clients of tickmill ltd (FSA SC regulated) only. During every NFP week, they choose one instrument and challenge you to guess its price in their MT4 platform at 16:00, exactly 30 minutes after the NFP release. A perfect hit will bring you $500 to your trading account. If no one breaks the bank by an exact figure, the trader with the closest prediction will cash in a $200 prize.

And the last one is ‘$30 welcome account’. Available to clients of tickmill ltd (FSA SC regulated) only. If you open a new account tickmill gives you $30 welcome bonus.

All promotions have terms and conditions.

Deposit and withdrawal methods.

Tickmill has a wide range of funding and withdrawal methods. These are wire transfer, credit/debit card, skrill, neteller, fasapay and unionpay. I can say that this is enough but unfortunately, there is no BTC. Also, you do not pay any fees thanks to the zero fees policy of the company. Tickmill offers deposit and withdrawal methods as follows:

I did not have any problems with withdrawing and depositing money during my transactions. When depositing money I preferred to deposit with a credit card. When withdrawing money, they deposit the money in the same day.

Final thoughts

Tickmill is a fast-growing broker. A few years ago, nobody knew tickmill. But now all investors on the forex market know tickmill. If this growth continues fast, I can not imagine what will happen in a few years. They have a good designed website and you can find all information about trading.

FCA license and FSCS registration are two of the broker’s strongest features. The broker has cysec license too. There is no doubt that tickmill is a reliable broker. Tickmill offers enough account types to its clients. The classic account has advantages about minimum deposit and spreads. The pro account also offers a highly advantageous and competitive spread. If you are going to use a pro account, I recommend you open an account at tickmill. Finally, tickmill is a reputable broker who has various product portfolio and effective trading conditions.

Tickmill review 2020

Tickmill is a NDD (no dealing desk) forex and CFD broker. They are regulated with top-tier regulators i.E. FCA (UK) & cysec. They offer demo account and live account with minimum deposit of $100. Read our tickmill review to find if they are good for south african traders.

Tickmill is a UK based forex & CFD broker established in 2014. Tickmill ltd. Is regulated with FSA in seychelles, as tckmill UK ltd. With FCA in UK, and with cysec in cyprus.

Tickmill is a no dealing desk (NDD) broker, which means that all orders will be passed to their third party liquidity providers. This means that tickmill have no conflict of interest with their traders.

They offer metatrader 4 as trading platform to their clients, but they don’t offer the latest MT5 platform. Moreover tickmill offers 24/5 support via email, chat, international phone support.

Read our indepth review on tickmill to know more about them before choosing them. We have compared their fees, support, platforms & more.

South african clients can open trading account with tickmill with minimum deposit of $100.

Tickmill is a NDD broker so there is no conflict of interest with their clients.

Competitive spread of 1.6 pips on average for EUR/USD with their classic account. The spread is even lower with their pro account (but includes commissions per lot).

No deposit and withdrawal charges.

Large trading instruments including currencies & cfds.

Tickmill is not regulated with FSCA. But they have applied with FSCA (FSP no. 49464) since 20/04/2018 & their application status is currently “processing”.

No local phone number for support.

Tickmill does not offer the latest metatrader5 version.

Tickmill – a quick look

broker name	tickmill ltd
year founded	2014
website	www.Tickmill.Com
registered address	3, F28-F29 eden plaza, eden island, mahe, seychelles
tickmill minimum deposit	$100
maximum leverage	1:500
major regulations	bafin, cysec, FCA.
Trading instruments	currencies, cfds on commodities, stock indices, bonds
trading platforms	MT4 (metatrader4), webtrader

Regulation and safety of funds

We consider tickmill to be a safe forex broker for south africans based on their regulation with tier 1 regulator FCA. But they are not yet regulated with local regulator FSCA.

Financial conduct authority (FCA):

Cyprus securities exchange (cysec): tickmill europe ltd is registered with cyprus securities exchange under licence number 278/15 since 2015.

Financial service provider/FSCA (pending): tickmill is not regulated with FSCA currently. But we have checked & they have an application under processing status. Tickmill south africa (PTY) LTD had applied for FSCA regulation on 20-april-2018 (FSP no. 49464).

The german federal financial supervisory authority(bafi): tickmill also registered with the german federal financial supervisory authority under registration number 146511.

Note: south african traders that sign up on tickmill are registered under FSA seychelles regulator.

Tickmill fees and spread

Tickmill’s fees depends on your account type with them. We have researched & following is a breakdown of their trading & non-trading fees with all their account types.

Average spread:

Commission with pro & VIP accounts: tickmill only charges commission on trade only with their pro & VIP accounts. But there is no commission on classic account. There is a commission of $2 per side of the trade (for open & close) i.E. $4 for a trade. The comission is lower with their VIP account ($50,000 deposit required) i.E. $1 commission per side per traded lot, which makes it $2 for a trade.

No inactivity fee: tickmill does not charge any inactivity from their clients. There are many brokers in south africa who charge inactivity from their clients for no trading activity after few months.

Rollover charges: this fees is charged or credited to your tickmill trading account when you have an open position overnight. Depending on the currency pair you are trading, rollover fees would be credited or debited from your account at the end of the forex day i.E. 5 PM. There is no rollover fees only for islamic accounts.

No withdrawal fees: tickmill does not charge any transfer fees on deposit or on withdrawals. But in case of wire transfers, the intermediary banks ma charge fees or ewallets (like skrill, neteller etc.) may also charge you fees, which is not covered by tickmill.

Tickmill account types

Tickmill demo account

Demo account is also provided by the tickmill to help beginner to practice and learn forex trading.

You can signup with them on their website and start testing your trading strategies using the demo account. Once experienced, you can swap anytime to live account.

In demo account MT4 trading platform is offered by them. You can download it on your PC and laptop and start your trading in just one click.

Tickmill live accounts

Market execution: tickmill is the NDD (no dealing desk) forex broker so they offer direct market execution. Tickmill claims that it doesn’t have any requotes.

Account base currency: tickmill does not offer ZAR accounts. But you can choose USD, EUR or GBP as your base currency.

Classic account: classic account start with minimum deposit of $100 and with the maximum leverage of 1:500. Spread start from 1.6 pips in this account. There is no commission in this account and swap-free islamic account option is also available.

Pro account: spread in pro account start from 0.0 pips. The base currency of this account can be select from USD, EUR, GBP, PLN. Market execution offered in this account and average execution speed is 0.15 seconds. This account is the most popular and recommended account types as per the broker.

VIP account: this VIP account start with minimum balance of 50,000 units of your selected account currency i.E. $50,000 if your account currency is USD. You can choose and select any of the base currency from USD, EUR, GBP, PLN in this account. You can trade 62 currency pairs, cfds on 15 stock indices, precious metals, bonds in vip account with spread of 0.0 pips.

How to open account with tickmill

Step 1) click on create account: open the home page of the tickmill and click on create account link at the top of the page.

Step 2) client area registration 1/2: now you will be redirected to page where you need to enter your personal details and choose your regulator as shown in the below screenshot.

Step 3) client area registration 2/2: after filling your personal details, you need to fill your financial details and set a password for your account with them.

Step 4) validate your e-mail address: now you need to verify your email by clicking on the link sent to them on your mentioned email.

Step 5) complete account verification: at last you need to verify your account by submitting your ID proofs. You can upload the scanned copy of your ID proof like passport, driving licence etc. And address proof like post paid phone bill, electricity bill etc.

That all! Your account has been created now. You can check your email to check all the details to start trading with them.

Tickmill trading platforms

Metatrader 4 (MT4): you can download the MT4 trading platform and install it on your PC, android and ios mobile. You can start using their demo account with MT4 trading platform. Traders can see charts with multiple time frame in there MT4. Moreover various indicators and can monitor various trading process is available in MT4.

Web trader: if you don’t want to download it in your device then you can access it online using the login details provided to you by them. This platform will give access you to do your task using a browser and just a internet connection.

Tickmill deposit & withdrawals methods

Tickmill offers various deposit & withdrawal methods. Let’s first look into their deposit methods.

Deposit methods

Credit/debit cards: you can use your debit and credit cards offered by VISA and master card. The payment will be processed within working day made using this method.

Bank transfer: traders can also add the funds using the transfer from their bank account to tickmill bank account. You can contact them and informed them after payment has been made.

E-wallets: you can also transfer the funds using the E-wallets like skrill, neteller, paysafecard, fasapay, china unionpay. The processing time is 1 working day.

Withdrawal methods

Credit/debit cards: you can send your card details while requesting for the withdrawal. And this can take 1 working day.

Bank transfer: traders can also send their bank account details to them by contacting them on chat, email, etc.

E-wallets: you can also send your E-wallets details like skrill, neteller, paysafecard, fasapay, china unionpay. The processing time is 1 working day.

Tickmill bonus

Tickmill has a no deposit bonus offer for new traders, and it is available in south africa as well.

$30 welcome account:

To avail this bonus, you just need to create an account with them, and submit your KYC documents for verification. The bonus amount will automatically credited to your account once your account has been verified.

You can use this welcome bonus for your trading. And the profit earned from trading using this deposit can be withdrawn.

Tickmill customer support

We found tickmill’s support to be lacking in some parts. We tested their chat support & email support. For both chat & email, we asked them basic questions, below is a review our overall experience with their support.

Slow chat support:

Email support: tickmill offers support via email as well. You can also send a mail to their support team at email [email protected] they normally reply within the same business day.

No local phone number: tickmill does not have a local phone number in south africa. So if you want to call them, you would need to call on their international phone number +852 5808 2921 & +65 3163 0958, available from monday to friday.

Tickmill is not a bad broker.

On the good side, they are a 100% NDD broker that is regulated with FCA. Their overall trading fees is competitive with some accounts. Also, they do not charge any deposit and withdraw fee, which is good.

But they don’t only offer MT4 platform for now. Also, their instruments other than forex are very limited. Their support also is not the best out there.

Overall, there are better forex brokers for south african traders to choose from.

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Honest tickmill forex broker review – scam or not?

Review:	regulation:	min. Deposit:	forex pairs:	spreads:
(5 / 5)	FCA (UK), cysec (EU), FSA (SE)	100$	50+	0.0 pips + 1$ commission per 1 lot

Are you looking for real experiences and a critical test to the tickmill broker? – then you are exactly right on this page. As traders with more than 7 years of experience in the financial markets, we have tested the provider in detail for you with real money. Learn more about the conditions and seriousness of the broker. Is it really worth it to invest in forex broker tickmill money or not? – inform yourself in detail now.

Official website of tickmill

What is tickmill? – the company presented

Tickmill is an international broker for trading derivatives financial forex and cfds. The main headquarters are located in london: 1 fore street, london EC2Y 9DT, united kingdom. For many years, the company has proven itself to offer traders professional trading on the best terms. Also, there are branches in cyprus and seychelles.

According to the website, tickmill should provide an excellent trading experience with the cheapest spreads and commissions, which we will take a closer look at in the following test. Furthermore, the broker shines with many different awards in the industry and allows his traders to pursue any trading strategies.

Facts about tickmill:

Forex broker from great britain (london)

Made by traders for traders

Specialized in forex trading with special conditions and lowest spreads

Worldwide branches in different countries

114 billion average trading volume per month

(note: get 5% spread rebate with the codes: IBU13836682 (EU) & IB60353132 (international))

Is tickmill a regulated forex broker?

Regulations and licenses are important for traders and brokers so that a trusting relationship can be created. When a broker applies for a license, certain criteria and requirements must be met. A violation of the policy means in most cases a direct loss of the license.

Tickmill is even regulated several times. The broker has licenses from the FCA (UK), cysec (cyprus) and FSA (seychelles). It gives us a positive direct impression. European traders have to trade with the english license (FCA) or cysec license, which brings further benefits. On the other side, international traders have to choose the FSA license.

The safety of customer funds

The security of client funds should be given to a trusted broker. In online investments, trust in a broker is very important. Many smaller brokers with no license and experience sometimes handle money incorrectly. In order to avoid such a fraud, one should pay attention to certain criteria in broker selection.

Tickmill insures client funds separately from corporate funds to manage. For this purpose, the barclays bank is used, which operates internationally and is always liquid. In addition, client funds will be protected in the unlikely event of a bankruptcy or financial dilemma of tickmill with the financial services compensation scheme (FSCS) of up to £ 75,000. This is a very high value compared to other brokers, which usually have no deposit guarantee or a smaller one.

Regulation and safety:

Regulated by FCA, cysec, and FSA

Customer funds are managed by barclays bank

High deposit guarantee of 75,000 GBP (FCA license)

Safe website communication

Review of the tickmill conditions for traders

Tickmill is a true NDD broker (non-dealing desk) with well-known liquidity providers. It is traded herewith excluded conflict of interest between broker and customer. This is a big advantage as it is not a market maker.

There are more than 84 instruments available on the market. The broker is constantly trying to expand its offer and, for example, integrate new assets such as bitcoin. The offer is quite manageable and the tickmill tries to specialize with its offer on currencies (forex). Cfds (contracts for difference) are also available for commodities, government bonds or stock indices. Individual shares cannot be traded on this broker, so here’s a small smear in the rating that must be made.

Tickmill is characterized by its extremely tight spreads and low commission. We have compared many providers in recent years and tickmill is and remains the cheapest. The typical spread in the EUR/USD is only 0.00 – 0.01 pips small and the commission is a maximum of $ 2 per traded $ 100,000 (1 lot) in the pro account. Traders with higher deposits can even benefit from even smaller commissions ($ 1).

In addition, there are no requotes, as it is a true forex broker. This means you will always be able to open and close a position for the next best price in the market. The liquidity is always given by the various liquidity providers and the slippage is also very low on business news.

The best conditions:

Very low spreads starting at 0.0 pips

The extreme low commission in pro and VIP account is a huge advantage

Pay only 2$ (pro) or 1$ (VIP) commission per 1 lot traded

Fast execution and high liquidity

More than 50 forex pairs

Max. Leverage of 1:500

(note: get 5% spread rebate with the codes: IBU13836682 (EU) & IB60353132 (international))

Tickmill trading platform test

As a trading platform, the metatrader 4 is offered to you. This is a proven and worldwide trading platform for private and professional traders. The platform is available for the browser (web), desktop (download), android (app) and ios (app). With the metatrader, you can easily and flexibly access the markets of tickmill from anywhere in the world.

The metatrader is perfect for any trader who wants to earn sustainable money in the markets. Even with small capital can be traded, because there are micro lots available. In addition, there is always a guaranteed execution at tickmill and no partial execution.

Professional charting and analysis

A trading platform should be user-friendly and flexible. This can offer the metatrader. Several chart settings for the technical analysis are adjustable. Use the well-known candlesticks for an even better analysis of the markets. Tickmill also provides educational tutorials for beginners.

In addition, use free indicators, which are adjustable for your personal strategy. The metatrader comes with a lot of tools after installation. If you do not have enough, you can add additional tools to metatrader 4. Use self-programmed indicators for every chart.

Facts about the platform:

Flexible and user-friendly trading platform

Available for every device

Free indicators

Very many different analysis tools

Automated trading possible

Available for any device

In addition, tickmill offers education material and webinars for its clients.

Trading tutorial: how do forex and CFD trading work?

Forex is the largest market worldwide. Daily several trillions of dollars are being transacted in this market. That is why it is also highly liquid and interesting for beginners and experienced traders. Tickmill offers over 60 different currency pairs. Including many currencies from emerging markets. This is a huge advantage for those who are looking for an exotic currency pair for trading. For currencies, you can bet on falling or rising prices. Buy one currency and sell the other currency from the currency pair. The difference in the price is well written as profit.

Cfds are also offered. They are leveraged derivatives that can be traded on a variety of values. For the opening of a CFD trade, you do not buy directly the underlying asset, but only the contract to that value. This has several advantages because you can act with a high level of leverage and very easily place short trades. The broker rounds off the offering with cfds on stock indices, commodities, precious metals, and bonds.

Invest in falling or rising prices and secure the position with a stop loss and take profit. These are limits that automatically close your position. Since the calculation is sometimes confusing, tickmill offers a forex calculator. With this calculator, you can determine your risk and the position size in just a few seconds.

Tickmill offers fast order execution and high liquidity

Tickmill has several data and data centers around the world. In metatrader 4 you can choose the best access (server) for you. The broker is also characterized by its low latency. With the connection to the live server in london I have a latency of under 30 ms. If that is still too slow, you can rent a VPS server.

Personally, we had no problems with the order execution. The website also emphasizes that there are no requotes. Even with large position sizes 30 lot + can be traded easily. You always get a direct and immediate execution at the best prices.

Tickmill is a non-dealing desk broker, which has a similarity to an ECN broker. The difference between NDD and ECN is that the broker still sits between the market and clients. An obligation to pay additional funds can be excluded.

Use a VPS-server for the best connection

The provider allows any strategies and automatic programs. Expert advisors (eas) can run 24 hours a day automatically through a VPS server at tickmill. The latency is very low and the price from $ 22 a month too.

The best choice for automatic programs

Low latency

Cheap fees (22$ per month)

Tickmill automated trading is possible

Tickmill allows every strategy and also automated programs. As mentioned above you can rent a VPS server very cheap. In connection with the metatrader 4 it works without problems and the setup is very simple. Program automatic programs for your trading or use provided trading systems. Today, more than 50% of the order executions are made automatically in the forex market.

Here you can see again that tickmill is a serious NDD broker. Dubious brokers forbid strategies or automatic programs. In addition, tickmill has no limit for stop-loss and take-profit brands. So it can be traded very small movements. Due to the low fees, it is worthwhile to scalping and day trading.

VPS-server allows you trading 24/7 on tickmill.

How to open your free tickmill account:

Another plus point for tickmill is the simple depot opening. According to the website, you need a maximum of 3 minutes for this and we can confirm this personally. Fill in the form with your personal data. Then you get direct access to the customer portal of tickmill. In addition, your email must be confirmed.

After that, the account has to be verified. Thanks to the strong regulations, brokers are not allowed to pay out to unverified customers. Even after the first deposit, the account must be verified urgently. Since our account is a bit older, we can not tell you whether a deposit without verification is possible.

For verification, it is sufficient to upload your ID and proof of address. The broker confirms the documents within 24 hours (weekdays). For even faster verification, contact support and say that your documents have been uploaded. Then you have access to the full functions of the trading account.

Unlimited demo account for beginners at tickmill

The free demo account of tickmill is perfect for beginners or experienced traders. It is unlimited and without expiration time. Traders can trade the markets with virtual assets and simulate real trading. Experienced traders learn new strategies or test new markets. For the demo account, no deposit or verification is necessary.

(note: get 5% spread rebate with the codes: IBU13836682 (EU) & IB60353132 (international))

3 different account types – which one you should choose?

Tickmill offers 3 types of accounts for traders. Interesting for us is only the pro and VIP account. From our experience, it is not worth the classic account to open, because the fees are accordingly higher than in the pro account. In the following text, we will inform you about the terms of each account.

As described above, the fees are sensationally low. Read the table below for more details. The pro accounts commission is only $2. So you pay only a fee of $4 per completed trade. When you open a VIP account, you save another 50%, because you only pay $2 for each completed trade. Even with our code (under the registration button) can save another 5%.

Tickmill gives you the exact interbank spreads from 0.0 pips. Trading is smooth and fast processing is provided by european servers. Upon request, an islamic account without swaps (interest) can be created.

Classic	pro	VIP
min. Deposit:	100$	100$	50.000$
spreads:	1.6 pips	0.0 pips	0.0 pips
leverage:	max. 1:500	max. 1:500	max. 1:500
commission:	0$	2$ per 1 lot traded	1$ per 1 lot traded

Info: tickmill also offers its european customers to sign up as a professional trader and keep the high leverage of 1: 500.

The VIP account is the best choice for high volume forex traders

High-volume traders or companies can open a VIP account. From a deposit of 50,000$, you have even cheaper fees. You then only pay $ 1 per traded lot. This makes $ 2 per completed trader. These low costs can generate an increased profit. In addition, stop orders and limit orders are allowed close to market prices. This is a very good offer in comparison.

In summary, tickmill account types offer a great opportunity for every trader. The terms are very good and much better than other forex brokers. No matter if you want to trade the markets with small or big capital, tickmill is the right decision for beginners or advanced traders.

Compare the terms between tickmill and other brokers yourself. Tickmill is always the cheapest and has, therefore, made the first place in my forex broker comparison. With no other broker, you get so cheap trading fees without conflict of interest.

Review of the deposit and withdrawal of tickmill

At tickmill you can deposit and withdraw using the same methods. Bank transfer, credit card, skrill and neteller are available. On the payment and deposit, there are no fees.

My tests and experiences have shown that the payouts are very fast and the money is sent on the journey within 24 hours. You will receive a confirmation email after payment when the payout has been made.

How high is the minimum deposit? – trading with a small amount of money

The minimum deposit is regularly 100$/€. You can trade in the trading platform as low as 0.01 lot. This is a very small position size and the risk is in most cases only a few cents high. The provider is thus broadly positioned because even larger investors can trade without problems at this broker.

Tickmill deposit and withdrawal methods

Questions and tips for your transactions:

Open your free account at tickmill. Complete your data and verify the account. After verification, all functions of the broker are available to you.

How much money should you deposit? – this is entirely up to the goals and ideals of the trader. Some trading strategies, for example, are not feasible with a small sum of € 100. Be sure to test the demo account before making your first deposit.

Are my transactions with tickmill safe? – yes, tickmill works only with the best banks and verified payment providers. You can check all transactions in the customer portal.

Also, open several trading accounts in the customer portal. Thus it is possible to use different accounts for different strategies. An internal transfer takes only a few minutes.

New: now use sofortüberweisung (klarna) or paysafecard to capitalize your account even faster.

Is there negative balance protection?

The negative balance of an account is very feared by many traders. And this is also very justified. For some brokers, traders in the past have been able to build up debt or negative balance through extreme market conditions, which had to be balanced.

At tickmill there is no additional funding and you are thus protected against a negative balance.

With tickmill you cannot lose more money than your deposit.

Tickmill service and support for traders

One of the last important points in this review is trader support and service. Tickmill offers support in more than 10 different languages (also africa, asia, india, thai clients). From our experience, the broker employs international employees who exclusively look after every customer.

Support is available to customers 24 hours a week, 7 days a week. The support is provided by chat, phone or email. A trader should not lack anything here. My tests showed that the support is always fast and reliable!

Tickmill presented itself in different countries, for example at the world of trading in frankfurt. The broker had his own stand there and sought direct contact with his clients. Service is one of the most important things for traders and tickmill shows confidence and seriousness.

To further improve its service, well-known and professional traders are invited to hold webinars or other information sessions. Well-known names are giovanni cicivelli or mike seidel. The saying “by traders for traders” also applies here. Tickmill tries to give its customers the best performance combined with good service.

In summary, the support from tickmill is very good and professional. Our personal concerns were always resolved very quickly and we can make a clear recommendation here. Overall, the overall package is rounded off with a great service.

Support:	available:	phone number:	special:
phone, chat, email	24/5	+44 (0)20 3608 6100	webinars, 1 to 1 support, events

Conclusion of my review: tickmill is one of the best forex brokers

My experience and tests show on this page that tickmill is a very good broker. He gets from us a 5-star rating. We recommend this forex broker with a clear conscience. Tickmill offers an offer for every type of trading.

With the world’s cheapest fees, the broker is currently topping any competitor. The trading experience is unique with this broker and you save a lot of money on the order execution. For every trader who trades forex, this is the right provider.

If you have further questions, contact support by phone or chat. International employees are ready to help you.

Tickmill is a trusted Forex Broker (Stamp)

Advantages:

UK regulation and high customer safety

The cheapest forex broker of the world

No requotes and high liquidity

The best execution

Good service and support

The best conditions for forex traders

Very low trading fees

Disadvantages:

No stocks for trading

Tickmill is the best forex broker in the world because of the cheap trading fees and good execution. (5 / 5)

Read our other articles about tickmill:

so, let's see, what was the most valuable thing of this article: start CFD forex trading with tickmill and enjoy low minimum deposits and low spreads accessed through easy to use deposit and withdrawal options at tickmill withdrawal methods