Seychelles Financial Services Authority (FSA)
Tickmill Ltd is regulated as a Securities Dealer by the Seychelles Financial Services Authority.
Licence number: SD008
FSA is established under the Financial Services Authority Act 2013. The regulator’s key responsibilities include the licensing, supervision and development of non-bank financial services in Seychelles through a solid regulatory regime.
Financial Conduct Authority (FCA)
Tickmill UK Ltd is authorised and regulated by the Financial Conduct Authority.
FCA Register Number: 717270
The FCA is an independent public body given statutory powers by the Financial Services and Markets Act 2000, regulating the conduct of both retail and wholesale financial services firms in the UK. The regulator’s mission is to make financial markets work well with the aim to protect consumers, enhance market integrity and promote competition.
Cyprus Securities and Exchange Commission (CySEC)
Tickmill Europe Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission as a CIF limited company.
Licence number: 278/15
CySEC is the financial regulator of the Republic of Cyprus, established according to section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001. The purpose of CySEC is to safeguard investor protection and facilitate the sound development of the securities market through the exercise of efficient supervision.
Labuan Financial Services Authority (Labuan FSA)
Tickmill Asia Ltd is authorised and regulated by the Labuan Financial Services Authority.
Licence number: MB/18/0028
Labuan FSA acts as the central regulatory, supervisory and enforcement authority of the international business and financial services industry in Labuan. The authority plays a vital role in ensuring all entities operating under Labuan IBFC abide by the highest financial standards.
Financial Sector Conduct Authority (FSCA)
Tickmill South Africa (Pty) Ltd is authorised and regulated by the Financial Sector Conduct Authority (FSCA).
Licence number: FSP 49464
The Financial Sector Conduct Authority (FSCA) serves as the dedicated market authority in South Africa with a mission to enhance the efficiency and integrity of financial markets, promote fair customer treatment by financial institutions and assist in maintaining financial stability.
Who Is Tickmill Recommended For?
As an online ecosystem founded by experienced professionals, Tickmill reflects this degree of understanding with a carefully constructed ecosystem that capably fulfills the demands of both inexperienced and professional investors. Starting with the platform’s high degree of accessibility, beginners without investing experience will find the affordable trading conditions, intuitive trading platforms, and ample educational materials especially relevant for learning the basics. The addition of helpful tools like one-click trading, Autochartist, and fundamental and technical analysis all go a long way towards increasing confidence and bolstering novices’ abilities.
More advanced users will appreciate the ability to implement any trading strategy, with all strategies including arbitrage, hedging, scalping, and algorithmic options invited to join the platform without restriction. Although traders who prefer more advanced trading technology might not find MetaTrader 4 to be extensive enough to suit their personal preferences, access to the FIX API and even a Prime brokerage model ensures that sophisticated and institutional investors have applicable options available. Stellar execution, raw spreads for higher account tiers, and no-requotes contribute to a thriving trading ecosystem that is capable of leveling the playing field of global financial markets for all Tickmill clients.
Top Tickmill Features
- Tight Spreads Starting From 0.0 Pips: The highly affordable and competitive trading conditions offered by Tickmill mean that variable spreads in Pro and VIP Account types start as low as 0.0 pips for major FX pairs.
- Commission-Free Stock Indices, Oil, and Bonds: Across all account types, there are no commissions for trading CFDs tracking major global stock indices, oil futures, and bonds. Commissions for Pro and VIP accounts are still very affordable given that spreads in these account types can start as low as 0.0 pips.
- Ultra-Fast Trade Execution: Trades placed via the Tickmill platform’s non-dealing desk model are executed on average within 0.15 seconds. Moreover, FIX API access means speedy execution for traders with algorithmic strategies and EA users.
- No Requotes: Even during periods of heavy volatility during news and other major market announcements, Tickmill clients benefit from no requotes when placing orders across the broker’s asset offerings.
- All Trading Strategies Welcome: Tickmill permits the usage of all trading strategies including hedging, scalping, arbitrage, algorithmic strategies, and even EAs, inviting investors with all tactics and styles to appreciate the purposefully built trading ecosystem.
Beginning with the circumstances for depositing and withdrawing funds to the platform, Tickmill is very clear about the associated conditions and fees. Credit and debit card deposits along with all electronic payment methods incur no deposit or withdrawal fees if the minimum amounts are satisfied. The minimum deposit is $100 whereas the minimum withdrawal amount is $25. Wire transfers depositing less than $5000 will be assessed bank fees, all of which are waived and covered by Tickmill for amounts above $5000.
In terms of trading spreads and applicable swaps, Tickmill is very upfront about the minimum spreads, the typical spreads, and also the swaps for long and short positions which are posted directly on the website itself for each corresponding asset class. Swap and rollover-free Islamic accounts are also available upon request for clients who prefer these account types. Additionally, margin and leverage rates are posted directly to the website for the utmost transparency about associated platform fees and charges.
Finally, there are commissions that accompany trading in the Pro and VIP Account options amounting to $2 per side for each lot and $1 per side for each lot respectively. These commissions only pertain to a limited number of instruments, with stock indices, oil, and bonds excluded from paying trading commissions for each of these account types. Users with Classic Accounts do not pay commissions for any trades placed on the Tickmill platform, however, the starting spreads in this account are slightly higher when compared to Pro and VIP Account types.
Tickmill Reliability & Security
To ensure uninterrupted access to global financial markets, Tickmill takes great lengths to provide a secure and reliable trading experience for clients. Apart from the technological and cybersecurity measures in place for protecting order flow, client data, and payment details, Tickmill’s trade execution model is designed to deliver maximum value for investors. It begins with the firm’s hybrid execution model that involves both market-making and straight-through processing.
The non-dealing desk model greatly eliminates the potential for conflicts of interest with client objectives and moreover, the internal measures taken to avoid conflicts goes a long way towards instilling confidence in Tickmill’s services. Beyond the straightforward trade execution model is the high-quality execution itself. With trades on average executed in 0.15 seconds with no-requotes, both inexperienced and professional clients can take advantage of excellent conditions for market, limit, and stop orders.
Moreover, professionals and institutions can appreciate the presence of FIX API access for even better connectivity for Expert Advisors and algorithmic strategies while institutions seeking the best conditions can explore Tickmill’s prime brokerage options. The inclusion of negative balance protection means that clients cannot lose more than the value of their deposits. Taking all of these efforts into consideration, Tickmill stands out for demonstrating its unwavering commitment to dependably and consistently delivering steadfast access to financial markets on behalf of clients.
Tickmill User Experience
One of the areas where Tickmill really excels is the emphasis on providing a streamlined yet intuitive experience that focuses on adding the most value for platform clients. The onboarding process for prospective Tickmill clients is very straightforward, involving two quick registration forms and the standard compliance procedures which verify a user’s proof of address and proof of identity documentation. Once approved, users can begin accessing all of the User Area’s functionality including the Forex Tools, AutoChartist Tool, and access to the trading platforms including a download button for MetaTrader 4 and option to the launch the Tickmill WebTrader browser platform.
In terms of investing, Tickmill is extremely focused on delivering swift execution across account types without any conflict thanks to the non-dealing desk trade execution model. Additionally, the FIX API and VPS options available support for more advanced connectivity, better uptime, and low-latency trade processing that can handle more sophisticated algorithmic strategies and Expert Advisors. Tickmill’s focus on providing frictionless trade execution does not go unnoticed, making it an exceptional destination for engaging in any trading strategy. Trading is handled exclusively via MetaTrader 4 desktop, web, and mobile applications, which provides a robust and reliable trading experience with all the necessary tools and features for both beginners and advanced users to thrive.
Another important distinction is Tickmill’s emphasis on knowledge. Its educational materials cover a range of different subjects, and when combined with daily Market Insights, webinars, seminars, video tutorials, regularly updated technical and fundamental analysis articles, and more, traders of all experience levels can gain valuable knowledge and wisdom for capturing opportunities and realizing returns across global markets. Should clients encounter any difficulties or have questions, the accommodating Tickmill support team is available by phone, email, and live chat Monday through Friday from 7:00 AM until 8:00 PM GMT. These knowledgeable representatives are able to provide service in 14 languages to cater to clients’ needs. For those comfortable uncovering their own answers, the FAQ hosted on the website is full of useful information addressing common inquiries and important subjects.
Final Thoughts on Tickmill
As an award-winning industry leader in the online trading arena, Tickmill backs up its strong reputation with a smart blend of outstanding trading conditions, plentiful investor resources and tools, a competitive cost structure, and above all, transparency. For both newcomers and experienced investors alike, Tickmill offers an inviting trading ecosystem that is designed to support users in reaching their investing goals. This starts with welcoming environment that provides immense added value in the form of learning materials, regularly updated research and market insights, sophisticated analysis tools, and quality execution. Furthermore, the non-dealing desk order model ensures no requotes along with the absence of conflicts of interest without compromising on execution speed. When combined with accessible customer support, a range of popular tradeable global assets, and the in-person and online resources like seminars and webinars, Tickmill skillfully demonstrates its dedication towards championing the interests of clients. With a regulatory compliant environment, acceptance of any and all trading styles and strategies, and technology solutions that even cater to the delicate needs of institutional clients, Tickmill manages to adeptly put client interests first. Accordingly, investors seeking an award-winning experience that prioritizes their needs will appreciate Tickmill’s proficient and reliable online trading services