Tickmill is a multi-regulated forex and CFD broker known for its fast execution and competitive pricing.
It integrates popular trading platforms like MetaTrader 4 and MetaTrader 5 platforms to ensure its users’ familiarity and profitability. Additionally, its USD100 minimum deposit appeals to most beginner traders who are looking for a cheaper but trusted broker.
This TRU Insight offers an honest Tickmill review, covering our review partners’ evaluation of each of its key features. By the end of this read, you’ll catch a glimpse of what the platform is like from an expert’s point of view.
With over a decade of experience assessing broker platforms and evaluating their performance and user experience, our experts are equipped with the right expertise to make an informed evaluation.
To ensure your trading funds and interests are safe, let’s take a closer look at what the forex broker can provide you with in terms of features and regulations.
Tickmill Review at a Glance
In general, our experts regard Tickmill as a low-cost forex and CFD broker, with its low forex and non-trading fees.
You can easily open an account, as it is completely digital. Another advantage to trading with this broker is its wide selection of free deposit and withdrawal options.
Conversely, the MetaTrader platforms on Tickmill need improvement in terms of their design and news feed structure.
Evaluating Tickmill Features
After successfully accessing the Tickmill login and testing the broker’s platform, our experts evaluated the following features based on factors like ease of use and performance.
Keep reading to learn what our experts say about the forex broker:
Fees: 4.1/5
One of the good features that our experts found is that Tickmill does not have any forex fees, and traders also do not incur any deposit or withdrawal fees.
However, an inactivity fee applies if a trader remains inactive for 12 months. The broker considers the trading account inactive if, for at least 60 calendar days, the trader:
- does not have open positions
- has no trading, withdrawals, or deposits
- does not log in
- has a balance equal to or less than $/€/£50 (or its equivalent)
After 12 months of being “dormant,” the broker will charge PLN 40 or $/€/£/CHF 10 quarterly as an inactivity fee.
Our experts also found the following fees when testing the platform:
- Forex commission fees: $3.00 commission per lot per trade + spread costs (e.g., 0.1 for EURUSD)
- Index CFD fees: These fees are built into the spread (e.g., 0.4 spread for S&P 500 index CFDs)
- Average options fees: $0.85 per micro contact
- Low futures fees: $0.85 per micro contact
Safety: 4.9/5
Upon researching the broker’s regulation and licenses, our experts found that several top-tier financial authorities regulate Tickmill.
Below is a summary of Tickmills’ regulatory information:
| Regulatory Authority | Jurisdiction | License Number |
| Financial Conduct Authority (FCA) | The United Kingdom | 717270 |
| Financial Services Authority of Seychelles (FSA) | Seychelles | SD008 |
| Financial Sector Conduct Authority (FSCA) | South Africa | FSP 49464 |
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | 278/15 |
| Dubai Financial Services Authority (DFSA) | Dubai | F007663 |
Our experts have determined that the brokerage company is not included in any exchange. It also does not have a bank parent.
Nonetheless, Tickmill offers retail customers negative balance protection, so they remain protected from their balance going negative.
Deposit and Withdrawals: 4.3/5
Based on our experts’ testing, Tickmill offers quick deposits and withdrawals that are free of charge.
Compared to its competitors (e.g., XM), however, though there are only five base currencies available, namely:
- Euro
- British Pound Sterling
- US Dollar
- Polish Zloty
- Swiss Franc
There are several different withdrawal and deposit options available, each with its own timeframes. For instance, bank transfers can take several days, while debit/credit card payments are instant.
Other options at Tickmill include electronic wallets such as Skrill, PayPal, and Neteller.
Account Opening: 5/5
Opening an account with Tickmill is fast and easy. It also offers quick verification of information.
The broker accepts clients worldwide, with exceptions from countries such as the U.S., Japan, and Canada.
To open an account, the Tickmill minimum deposit required is $100. This deposit applies to all the abovementioned base currencies.
Account Types
Upon scanning through Tickmill’s platform, our experts found that the CFD and forex broker offers two main account types: Classic and Raw. In addition, it has an account for TradingView integration.
Note: Tickmill’s Raw account is formerly named Pro.
Below is a summary of its features:
| Features | TradingView Raw | Raw | Classic |
| Platforms | TradingView, Tickmill Trader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spreads | 0.0 pips | 0.0 pips | 1.6 pips |
| Commissions | $3.5 commission per lot per trade | $3 commission per $100,000 trade | no commission |
Upon examining the platform, our experts note that the Raw Account offers algo trading, making it popular among traders.
Traders can also open swap-free Islamic accounts. Compared to other accounts, Islamic accounts charge an administration fee for exotic currencies that traders hold for over three nights.
Professional traders, financial advisors, and hedge funds can also open Tickmill Corporate accounts. This account type enables users to execute high volume trades with advanced charting capabilities.
Read more: Halal Forex Trading: Is Islamic Trading Permissible in 2025? – TradersUnited
Mobile and Desktop Platforms: 4.0/5
As reported by our experts, Tickmill offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as mobile trading platforms. This integration empowers users with familiar trading experience; however, these platforms’ incompetent security measures pose threats for users.
Not only do they not have any form of two-step authentication, but the broker’s mobile platforms do not enable traders to set alerts and notifications.
When it comes to its desktop platforms, traders can benefit from price alerts that the mobile platforms lack. The desktop platforms also have good customizability for charts and the general workspace.
However, similar to the mobile platforms, the desktop platforms do not have two-step verification.
Bonus: 4.0/5
When it comes to the Tickmill bonus and promotions, our experts found that the forex broker offers two types of bonuses.
Here are the two fixed bonuses that Tickmill gives to its users:
Tickmill No-Deposit Bonus
Tickmill offers a $30 no-deposit welcome bonus for new users to have a risk-free entry to live trading.
With this promotion, first-time clients get to experience the broker’s trading environment and execution performance without needing to make an initial investment.
100% Deposit Bonus
Our experts discovered that the forex broker also has a limited-time 100% deposit bonus promotion. With this offer, new and existing traders get an opportunity to double the amount of their initial capital with little effort.
Breaking News: Tickmill’s Expansion via ProTrade Partnership
Recent news mentions the brokers expansion to Oman through a strategic collaboration with ProTrade Investments—it’s new technology partner.
According to both parties, the expansion marks an important milestone in Tickmill’s commitment to increasing its presence in the Middle East.
Hence, their new operation in Oman will serve as a regional hub, where they offer localized support, expertise, and education to clients in the area and its surrounding markets.
Trading Tickmill: Is It for You?
Tickmill has a solid regulatory foundation and ensures the utmost safety of its clients. As a multi-asset broker offering competitive spreads, it is a solid choice for algo trading and professional trading.
Read more: What is Algo Trading? Beginner’s Guide on How It Works in 2025 – TradersUnited
The broker stands out for its low-cost trading, low minimum deposit, support for MT4 and MT5, and free withdrawal and deposit options, to name a few.
If you are an experienced trader looking to trade on this broker’s platform, learn what’s in store for you from real traders at CommuniTrade.
Discover the benefits of trading with Tickmill by joining TradersUnited’s (TRU) reliable online community now.
Frequently Asked Questions (FAQs)
Does Tickmill Have NASDAQ?
Yes, the broker offers trading on NASDAQ, specifically the NASDAQ-100 index. Traders can trade it through futures contracts (e.g., E-mini Nasdaq-100) and CFDs.
Is Tickmill a Trusted Broker?
Yes! The broker is safe to trade with as it has licenses from top-tier regulators, such as the FCA, CySEC, FSCA, DFSA, and FSA. These licenses ensured strict compliance with financial laws and client protection standards.
Does Tickmill Have Copy Trading?
Yes. Novice traders on the platform can benefit from skimming through and copying the trades of the platform’s most successful traders.
Learn the Benefits of Trading Forex with Regulated Brokers like Tickmill
When it comes to fund safety, it’s extremely crucial to only trade with brokers that are regulated by reputable regulatory bodies.
This will ensure that a trader abides by strict standards in its operation and offers clients the best services that they can get from a forex brokerage.
Besides having a comprehensive list of robust platform features, Tickmill stands out most for being multi-regulated.
Explore the benefits of trading with regulated forex brokers like Tickmill with TRU’s reliable online trading community: CommuniTrade.
