Pros & Cons
Before deciding to trade with Tickmill, it’s essential to consider the pros and cons:
Pros:
• Abundant educational content.
• Diverse trading tools.
• Reputable for reliability and transparency.
Cons:
• Complex for beginners.
• High cost for personalized coaching.
TrustPilot Score: 3.8 (Great)
Tickmill Review Introduction
When it comes to forex trading, finding a reliable and reputable broker is of utmost importance. One such broker that has been gaining recognition in the industry is Tickmill. In this comprehensive Tickmill review, we will take a closer look at what sets this broker apart and why it has become a preferred choice for many traders.
Who is Tickmill?
Tickmill is a trading name of Tickmill UK Ltd, which is a member of the Tickmill Group. The company is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom and the Dubai Financial Services Authority as a Representative Office. This regulatory oversight ensures that Tickmill adheres to strict financial standards and provides a secure trading environment for its clients.
With a proven track record of strong financial results and stable growth, Tickmill has positioned itself as a trusted market leader and innovator. The broker’s commitment to transparency and client protection has earned it a reputation as a reliable partner in the world of online trading.
A Mission to Empower Traders
Tickmill’s mission is clear: to provide retail and institutional clients around the world with an exceptional trading environment that empowers them to reach their full potential. What sets Tickmill apart is its team of experts who have extensive trading experience dating back to the 1980s. These seasoned professionals have successfully traded on all major financial markets from Asia to North America.
Tickmill’s Statistics
Tickmill’s dedication to excellence is reflected in its impressive statistics:
- Over 327,000 satisfied clients
- More than 668,000 registered accounts
- Over 538 million trades executed
- A global team of 250+ employees
Instrument Information
These numbers underscore Tickmill’s commitment to serving its clients and its role as a major player in the forex trading industry.
For traders seeking specific instrument details, Tickmill offers a range of options. Here is a snapshot of some of the key instruments available, along with minimum and typical spreads:
| AUDCAD: | Minimum Spread 0, Typical Spread 1.3 |
| AUDCHF: | Minimum Spread 0, Typical Spread 0.9 |
| AUDNZD: | Minimum Spread 0, Typical Spread 1.3 |
| AUDUSD: | Minimum Spread 0.0, Typical Spread 0.1 |
| ADCHF: | Minimum Spread 0, Typical Spread 0.9 |
| CADCHF: | Minimum Spread 0, Typical Spread 1.1 |
| CADJPY | Minimum Spread 0, Typical Spread 1.1 |
| CHFJPY: | Minimum Spread 0, Typical Spread 1.5 |
| EURAUD | Minimum Spread 0, Typical Spread 1.1 |
| EURCAD | Minimum Spread 0, Typical Spread 1.2 |
Tickmill Review Evaluation – A Great Choice
Tickmill has established itself as a reliable and reputable broker in the forex trading industry. With its commitment to transparency, strong regulatory oversight, and a team of seasoned professionals, it provides a solid platform for both retail and institutional traders. However, prospective traders should carefully consider their level of experience and risk tolerance before engaging in trading activities with Tickmill.
Remember, trading involves inherent risks, and it’s essential to educate yourself and make informed decisions. If you are an experienced trader looking for a trustworthy broker, Tickmill is certainly worth considering as a potential partner in your trading journey.
It’s important to note that trading CFDs (Contracts for Difference) involves a high level of risk and may not be suitable for all investors. A risk warning provided by Tickmill reads: “CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd. You should consider whether you understand how CFDs or our other products work and whether you can afford to take the high risk of losing your money.”
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd. You should consider whether you understand how CFDs or our other products work and whether you can afford to take the high risk of losing your money.
FAQ:
Yes, Tickmill is regulated by the Financial Conduct Authority (FCA) and the Dubai Financial Services Authority.
Tickmill distinguishes itself with a strong reputation, a team of experienced traders, and a commitment to transparency.
Tickmill has over 327,000 clients and more than 668,000 registered accounts.
Tickmill offers various trading instruments with details like minimum and typical spreads.
Tickmill may be better suited for experienced traders, as it offers advanced trading tools and resources.