Investment Products:
Forex on 62 currency pairs and CFDs on 4 types of German Bonds, Energy, 15 Global stock indices and metals (gold and silver) and Bitcoin cryptocurrency.
Markets:
Spanish and international.
Regulations:
Tickmill is regulated by the CySEC (Cyprus Securities and Markets Commission) and the FCA (English Financial Conduct Authority).
Initial Deposit:
100 monetary units of the base currency (which can be USD, EUR, GBP and PLN) for pro and classic accounts.
Operating costs of the national and international markets:
Variable spreads. As for the classic accounts, the spreads start at 1.6 pips, while for the pro and VIP accounts the spreads start at 0 pips.
Custody Commissions:
They do not apply any custody commission.
Maintenance fees:
Tickmill does not apply any maintenance fees.
Other commissions:
As for the batch commissions, the classic accounts do not have any commission, while the pro accounts have a commission of $ 2 per side per $ 100,000 traded and the VIP accounts have a commission per lot of $ 1 per side per $ 100,000 traded. Rollover Commission Commission for inactivity.
Platform:
Tickmill works with MetaTrader 4 in all its different versions MetaTrader 4 Client Desktop, MetaTrader 4 Multi Terminal, Android Trader, MT4 iPhone and iPad Trader, Windows Mobile Trader, MT4 Mac OS Trader.
Orders:
Stop loss, limit, market order, order to open / to close, Good ‘Til Canceled / Good for the Day / Good‘ Til Date / Time. He is currently considered an ECN type broker, so orders go directly to the market without a table of money in between.
Analysis:
Tickmill has a team of several analysts who periodically issue technical and fundamental analysis publications on the company’s blog during the business week. In addition, the Metatrader 4 platform itself facilitates the creation of complete market analysis.
Peculiarities:
One click trading. Autochartist tool Possibility of copytrading.
Customer Support:
Tickmill has an email, a telephone line or online chat accessible from its website. Call management takes place from Monday to Friday from 7 am to 8 pm. The online chat is available most of the day, although the hours of service in Spanish are a little smaller and the email has a response time of 24 hours.
Demo:
There is the option to open a free demo account with up to € 50,000 of virtual balance in which you can try the platform operating with real and real-time prices in the markets.
Academy and courses:
Webinars, ebooks, video tutorials (with step-by-step information on the different aspects of the platform), a Forex glossary (most important terms explained), infographics (with some tips and ideas) and educational articles with additional complementary information.
Bonus for new users:
None.
Bonos
Specifically these will be Germans, each with different expiration dates. These are #EURBOBL, #EURBUND, #EURBUXL and #EURSCHA. The leverage will be 1: 5 for normal customers.
Forex
62 currency pairs such as EUR / USD, GBP / USD, GBP / JPY or EUR / GBP, with a maximum leverage of 1:500. Cryptocurrencies: It is possible to trade Bitcoins against the US dollar as a CFD, through the BTC / USD pair.
Index
Operate with 15 stock indices such as DE30, US30, US500 or ITALY40 with a leverage of 1:20 for normal customers.
Commodities
Metals: Gold and silver, with leverages of 1:20 (gold) and 1:10 (silver).
Open a Pro account with Tickmill from the following link and get a 5% commission discount, paying only 1.9 units of the base currency per side per lot instead of 2 standard units.
Trading accounts
On the one hand, you have the conventional trading accounts mentioned below:
1. Pro (minimum deposit: 100 USD / EUR / GBP / PLN): spreads from 0.0 pips, a maximum leverage of 1:30 for retail customers. Commissions are 2 per side per 100,000.
2. Classic (minimum deposit: 100 USD / EUR / GBP / PLN): spreads are variable from 1.6 pips, while the maximum leverage is 1:30 for customers. It has no commissions.
3. Premium (no initial deposit but requires a minimum balance of 50,000 USD / EUR / GBP / PLN in account): the leverage is the same as in the previous accounts and the spread goes from 0 pips. In this case the commission is 1 per side per 100,000.
On the other hand, there are also the so-called Islamic Forex accounts without swap, focused on people with Islamic beliefs that do not charge you swaps or rollovers for operations that remain open overnight. You can switch to this type of account from any of the other accounts mentioned above.
Tickmill also has a demo with fictitious money to familiarize you with the tool and learn to operate without incurring any real expenses. Its duration is unlimited, but if you don’t use it for more than two weeks, Tickmill will charge you a small commission.
Trading platform and tools
You can access the MetaTrader 4 in different ways: through the MetaTrader 4 Client Desktop (download to the desktop; it offers real-time graphs and indicators to perform technical analysis of the markets) and through the MetaTrader 4 Multi Terminal (MetaTrader 4 designed for users which manage multiple accounts simultaneously centrally).
For mobile phones and tablets, you can download the MT4 iPhone and iPad Trader (MetaTrader version 4 Apple mobile devices), the Windows Mobile Trader (specific version for devices with Windows Mobile operating system) and / or the Android Trader (for Android)
And if you prefer not to download anything, you can directly access your Webtrader for Windows or the MT4 Mac OS Trader (for computers with Mac OS X).
Is Tickmill a reliable broker?
Tickmill is a broker operated by Tickmill Europe Ltd, founded in 2014 and in which more than 200 employees work.
Its headquarters are located in London, although they have branches in Cyprus and Seychelles.
In Europe, the broker is regulated by both the CySEC (Cyprus Securities and Markets Commission) and the famous FCA (Financial Conduct Authority).
As marked by the regulations, Tickmill is also attached to the Financial Services Compensation Fund (FSCS) of the United Kingdom to compensate clients with a maximum of 50,000 pounds in cases of entry of bankruptcy proceedings. In addition, it keeps the cash of the investors in segregated accounts.
The broker has received several awards in recent years to the “Most Reliable Broker in Europe” in 2017 (Global Brands Magazine), “CFD Broker No. 1” by FxDailyInfo.com Broker Awards in 2018 and the “Broker Award more transparent ”of Forex Awards in 2019, among others.
Why invest with Tickmill?
- The Tickmill trading academy is quite complete as it has webinars, a Forex glossary, ebooks, video tutorials, infographics and educational articles with additional complementary information.
- MetaTrader 4 trading platform with versions for all devices.
- Possibility of copytrading.
Open a Pro account with Tickmill from the following link and get a 5% commission discount, paying only 1.9 units of the base currency per side per lot instead of 2 standard units.
