Tickmill broker – Top reputable foreign exchange

Tickmill Broker is a young broker founded in 2015 but has emerged quickly based on its professional services and outstanding achievements in the financial sector. If you are interested in Tickmill, let’s Learn Forex Trading to learn more about the platform through the following article.

Is Tickmill broker reputable?

To evaluate whether a Forex exchange is good or not, we need to rely on many factors. Furthermore, it also requires time to experience and draw conclusions. However, in the article below, we will give you the most objective views about Tickmill Broker. From there, it makes it easier for readers to make decisions about whether to invest or not.

Tickmill broker always ensures the rights of users

Talking about reputation and transparency, Tickmill always gives users a feeling of peace of mind and trust. Because Tickmill Broker always complies with regulations and ensures customer rights when it comes to protection policies.

Tickmill UK Ltd is a member of the Financial Services Compensation Scheme (FSCS) with a maximum value of up to £85,000. Traders can understand this as an independent compensation fund, which is a protection solution for authorized UK customers. Thus, in case the Tickmill broker is unable to pay customers, FSCS will be responsible for compensating traders.

In addition, Tickmill Europe Ltd is also a member of the Investor Compensation Fund (ICF). If there are any complaints related to Tickmill Broker not fulfilling its payment obligations to customers. Then ICF will be the third party to resolve and mediate for users.

See more: Latest instructions for Tickmill open account

What ensures the quality of Tickmill Broker?

To know if Tickmill broker  is reputable and quality, you can evaluate it through the following criteria:

Tickmill Broker’s legal license

In addition, Tickmill is also one of the few forex exchanges to receive 3 powerful licenses in just a short time with the registration number:

• Tickmill Ltd SD 008 issued by the financial institution FSA – Securities Dealer of the Seychelles Financial Services Authority.
• Tmill UK Limited 717270 is issued by the FCA – the Financial Conduct Authority in the United Kingdom.
• Tickmill Europe Ltd 278/15 issued by CySEC – Cyprus Securities and Exchange Commission.

Of the three types of licenses that Tickmill Broker owns, FCA can be considered the most powerful license. Because it is issued and managed by the UK’s leading prestigious financial agency. To receive certification, Tickmill is required to meet all requirements regarding capital sources, customer compensation levels, and maintaining separate accounts… 

Evaluation of international organizations with Tickmill broker

Therefore, even though it has only been operating for 8 years in the industry, Tickmill Broker still reaps many achievements and is recognized by international organizations such as:

• Tickmill Forex exchange attracts more than 110,000 traders with 263,000 active accounts.
• Set an impressive milestone when conducting 215 million transactions with an average monthly trading volume of more than 123 billion dollars.
• After 2 years of operation, received the award “Most Trusted Broker in Europe” by Global Brands Magazine.
• Continuously receiving major awards “#1 Broker for Commission and Fees”; “Best Forex Education Provider”… 

Tickmill broker as a new company has grown rapidly in just a few years so it is recognized by traders and industry experts. Surely this will be a reputable platform worth investing in and further developing in Forex.

Compare the features of Tickmill Forex platform with other platforms

With such excellence, Tickmill has continuously been placed on the table with other exchanges in the industry. Below is a table comparing the features of Forex Tickmill with FBS and HFM.

Feature	Tickmill	FBS	HFM
Transaction fees	Short	Short	Short
Trading platform	MT4, MT5	MT4, MT5	MT4, MT5
Trading products	Diversity: Forex, digital, CFDs…	Diversity: Cryptocurrencies, CFDs, Forex, digital…	Forex, CFDs…
Order matching speed	Instant	Instant	Instant
Number of trading instruments	Rich: Charts, indicators…	Price charts, technical indicators…	Technical indicators, charts, analysis…
Trading conditions	Low spreads	Floating, Fixed Spread	Floating, Spread thấp
Lever	Up to 1:500	Up to 1:3000	Up to 1:500

Note: The information table above only briefly summarizes the outstanding features of Tickmill Broker. However, the suitability depends on trading conditions and trader preferences.

Review Tickmill commission in detail

Furthermore, Tickmill has attracted the attention of a large number of traders thanks in part to its attractive commission fees. Because Tickmill review does not apply commission to Classic accounts. Only applicable to Pro and VIP account types with quite low fees.

Is the Tickmill broker commission suitable for UK traders?

As mentioned above, depending on each account type, there will be different commission fees. Therefore, to review Tickmill Commission is suitable for UK traders or not, you need to consider many factors. Including Trading strategy, service usage, tools, scale… However, according to positive reviews, Tickmill broker commission fees are extremely competitive compared to other trading platforms. That will help UK traders create trading advantages and achieve the best profit performance.

How is Tickmill Broker’s commission calculated?

To help readers better understand how Tickmill broker commissions work. We will review Tickmill’s commission on how it calculates fees based on different account types. 

• For Classic accounts: Free commission fees.
• For Pro accounts: You will have to pay a commission of $2/each way/lot. 
• For VIP accounts: You will have to pay less than $1/each way/lot.

What factors affect Forex Tickmill commissions?

One thing that every trader needs to keep in mind when trading is the factors that affect commissions. Because this type of fee directly affects your capital and revenue. The following are factors that can affect Tickmill Broker commission fees.

• Account type: ECN accounts have lower trading fees and spreads than standard accounts.
• Trading assets: For each type of trading asset, there will be different fees.
• Trade size: Tickmill calculates commission based on a percentage of the trade value.
• Trading platforms: Some platforms will apply separate usage fees.
• Leverage: Tickmill Broker may apply commission fees based on the leverage used.

To know more accurately about the Tickmill commission fee, you can update detailed information on the exchange’s website.

How to optimize Tickmill broker commissions?

Because commissions greatly affect transaction execution, traders are looking for ways to optimize this fee. To optimize Tickmill broker commission fees, you can apply some of the following measures:

• Choose the appropriate account type: Based on your strategy and trading size, you can choose an account to suit your needs.
• Participate in Tickmill Broker Promotions: This is an opportunity for you to increase capital or reduce commission fees by receiving rewards from the exchange.
• Consider trading volume: Tickmill applies commission fee models based on trading volume. So if you trade in a large volume, your commission fee will be reduced.

Besides commission, what kind of fees do traders need to pay attention to from Tickmill Broker?

In addition to commission fees on Tickmill broker, to trade effectively you need to pay attention to related fees, including:

• Spread trading fee: In which VIP and Pro accounts apply spread from 0.0 pip; Classic accounts spread from 1.6 pips.
• Overnight fee: This is the interest rate you pay or receive when holding a position overnight.
• Swap fee: Depends on each trading product and the leverage level being used.
• Tickmill broker deposit and withdrawal fee: Free

Tips to help you become a smart trader on Tickmill broker

If you have chosen to become a trader on Tickmill Broker, here are good tips to help you upgrade to become a good trader.

Choose a suitable trading account on Tickmill broker

Firstly, you must know how to choose a suitable trading account. Based on the information table below, the following account types will make it easier for you to choose.

Element	Classic account	Pro Account	VIP account
Margin deposit	As low as $100	As low as $100	50.000$
Available currencies	USD, GBP, PLN, EUR	USD, GBP, PLN, EUR	USD, GBP, PLN, EUR
Spread	1.6 pip	0.0 pip	0.0 pip
Maximum leverage	1:500	1:500	1:500
Rose	Free of charge	$2/way/lot	1$/way/lot
Free overnight fees for Muslim accounts	Have	Have	Have

Which asset should I choose to trade?

The second is to know how to be flexible in choosing appropriate assets to trade. Below is a table listing the advantages of asset groups on Tickmill broker :

Trading asset group	Advantage
Forex	– Diverse currency pairs from popular to rare exotics – Trade 24/5 with high liquidity – Flexibility in using multiple strategies
Cryptocurrency	– Trade with many cryptocurrency pairs: BTC/USD, LTC/ USD… – Well-developed market, high profitability – Good liquidity, flexible
Bonds, stocks	– Trade stocks of leading companies with competitive trading conditions – Free commissions and dividend payments
Stock index	– Access to leading listed companies – Potentially competitive index market – Diverse trading with many stock indices
Goods	– Trade 24/5 with low spreads, high leverage, fast order-matching speed – Flexibility in applying multiple strategies

The trading time is suitable for UK traders on Tickmill Broker

Third is choosing a trade time suitable for your campaign. As a UK trader on Tickmill Broker, you can apply the following operating hours of popular financial markets and asset groups:

• Forex: Suitable time is from about 7:00 a.m. to 4:00 p.m. UK time. Because this is the time frame with high liquidity and good trading opportunities.
• CFDs and Stocks: Usually operate according to other exchanges’ business hours. Therefore, the golden time to trade ranges from about 9:30 a.m. to 4:30 p.m. UK time.
• Cryptocurrency: This is a market that operates 24/7. So you can trade at any time of the day on Tickmill Broker.

In addition, don’t forget to consider factors such as market volatility and economic news to choose the best trading time frame.

Plan to trade on Forex Tickmill

Finally, make a trading plan on the Forex Tickmill platform. The purpose is to remind you to perform tasks and activities effectively to make good business decisions. To plan properly, you can follow the following sequence: 

1. Research and analyze the market before trading to clearly understand price trends.
2. Determine the appropriate strategy based on market analysis.
3. Manage capital effectively to be ready to invest and trade to minimize risks.
4. Make optimal use of the advanced tools available on Tickmill Broker.
5. Regularly monitor and evaluate results to adjust and improve strategies.
6. Continuously learn and accumulate more knowledge and practical combat skills.

We can see that Forex is a market with many potential financial risks. So patience and discipline will be the keys to success in this field.

Is there any way to get profit on Tickmill Broker other than trading?

Besides investing and trading that will help you earn profits on Tickmill Broker, you can also supplement your income in ways such as:

Become a partner of Tickmill Forex platform

Becoming a Tickmill broker partner is a form of passive profit for traders. By referring new customers to Tickmill, you will receive commissions from the platform.

It can be said that becoming a Tickmill partner is the easiest method to increase income. Because you don’t need to invest capital, and don’t require too much experience. You just need to use promotional means to introduce Tickmill Broker to new people and guide them to open accounts quickly.

What benefits does Partner Tickmill Broker have?

Not only does it bring a stable source of income, but once you become a partner of Tickmill Broker you will receive countless benefits, specifically:

• Partner will receive commissions from FX and metals trades made by clients.
• Receive $10/lot immediately when trading on Classic accounts and $2/lot for Pro and VIP accounts.
• Use advanced account and fund management tools when accessing the IB room area.
• Use available advertising materials for free to effectively promote and attract new customers.
• New customers will receive a 5% transaction fee discount when opening a Pro account from the Partner’s suggestion.
• Expanded opportunities when working with the industry’s leading transparent broker and many other benefits.

Instructions for opening a Tickmill Broker account

With such attractive benefits, what are you waiting for? Quickly open a Tickmill Broker account with 7 steps:

• Step 1: Visit the Tickmill broker registration page  => Select “Create Account”.

  

• Step 2: Select “Individual” account if operating individually. Or “Corporate” if operating as a company => Click “Proceed”.

  

• Step 3: Fill in the required information in the form: Gender, full name, date of birth => Click “Next”.

  

Note: Traders do not check the box “I am a US citizen for tax purposes”.

• Step 4: Continue to provide information about the country and agree to the Tickmill broker privacy policy  => Select “Next”.

  

• Step 5: Confirm identity via Email and phone number provided.

  

• Step 6: Enter tax code information and set a password for the account => Select “Next”.

  

• Step 7: Complete financial information and documents. 

See more: Instructions Tickmill sign up on your phone

Instructions for receiving Tickmill Bonus for new accounts

Registering a new account on Tickmill Broker is attracting the attention of many traders because of the Welcome Bonus program of up to $30. So do you know how to receive rewards? If not, try following these 4 steps:

• Step 1: Log in to the Tickmill Bonus 30$ page => Select “Get a Welcome Account”.

  

• Step 2: Fill in registration information including Full name, phone number, email, date of birth, and country. Then continue to choose the account type and leverage that is right for you.

  

Note: Currently the UK is not on the platform’s support list. Therefore, you need to change the ID to select an area within the range set by the Tickmill broker.

• Step 3: Check the box “I have carefully read and understand the Tickmill Ltd Privacy Policy” and “I agree to receive newsletters and other special support programs” => Click “Submit”.

  

• Step 4: Log in and verify account information. At the same time, complete the transaction requirements set by the program to receive $30 in your account.

  

summary

In the above article, Learn Forex Trading  has shared with readers all the information about Tickmill Broker. Hopefully, that will help traders better understand how it works as well as have the most objective view of the platform.

FAQs:

What types of accounts does Tickmill broker support for traders?

At Tickmill, you can flexibly choose between 4 account types: Demo, Classic, VIP, and Pro.

Is Tickmill licensed to operate and guaranteed to be reputable?

Tickmill Broker is one of the Forex exchanges that receive all 3 types of licenses: FCA, FSA, and CySEC. That helps Tickmill ensure safety and transparency for users.

What types of trading assets does Tickmill Broker offer?

On Tickmill Broker, you can trade with a variety of assets. Typically: Forex, stock indices, commodities to stocks, bonds, metals…