Tickmill — Comprehensive Broker Review
At a glance
Tickmill has built a reputation around transparent, low‑cost trading on MT4/MT5 (and now TradingView in some regions), fast execution with an NDD/STP model on its Raw accounts, and robust regulation (FCA, CySEC, FSCA, FSA Seychelles, among others).
Regulation & client money protection
Tickmill entities are authorised by the FCA (U.K.), CySEC (Cyprus), FSCA (South Africa), and the FSA (Seychelles), with DFSA representation in the UAE. Client money segregation, negative balance protection, and participation in applicable compensation schemes apply according to jurisdiction.
Account types & pricing
- Classic (commission‑free): Spreads start from 1.6 pips—simple but pricier for active traders.
- Pro / Raw: Spreads from 0.0 pips plus $6 per round‑turn per lot; this is where Tickmill shines for costs.
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VIP (high-balance / high-volume): Even lower commissions than Pro.
Islamic (swap‑free) accounts exist and typically apply an alternative handling fee after several nights.
Platforms & tools
- MT4 & MT5 with add‑ons, VPS hosting for algos, and increasingly TradingView access (check your region).
- Advanced order types, depth of market, and copy trading are available through third parties.
Markets offered
Forex, indices, commodities, bonds, and stock CFDs (scope varies by entity).
Deposits & withdrawals
Typically free and fast, with multiple e‑wallets available. Minimum deposits are low, and processing times are competitive.
Research & education
Above‑average education for beginners (webinars, ebooks, blog content) and daily analysis make Tickmill attractive to new traders building a foundation.
Customer support
Responsive multilingual support with local numbers in select regions.
Pros
- Excellent Pro/Raw pricing (0.0 pips + $6/lot RT).
- Strong, multi‑region regulation.
- Good education stack for beginners.
- NDD/STP execution on key accounts.
Cons
- Classic account spreads (1.6 pips) are high by industry standards.
- Product range is solid but not the broadest in class.
- Platform lineup is mostly third‑party (no flagship proprietary platform).
Best for
Cost‑sensitive, active traders who want tight spreads and transparent commissions, plus beginners who appreciate a clear education path.
Final verdict
Tickmill remains a top value play thanks to its Raw/Pro pricing, robust regulation, and clean execution model. Classic account users may overpay versus peers, but serious traders will likely default to the Raw/VIP tiers anyway.
Tickmill Broker Review