Tickmill Review
Score: 8.2 ⭐️
4/18/20231 min read
Tickmill has a limited amount of assets. Tickmill's commissions are higher then average in this market.
Tickmill pros & cons
Pros
Founded in 2014, Tickmill is regulated for trading in forex and CFD's.
Tickmill offers add ons to it's MT4 platform.
Pricing for Tickmill’s Pro and VIP account is highly competitive.
Offers the CQG platform futures and options trading with a $1,000 minimum deposit
Tickmill can be used by professionals.
Education from the CME, along with interactive sentiment data and website widgets are not safe at the moment .
Cons
Only a limited range of Assets are available for trading.
Spreads on Classic account is not as competitive.
Offering of investments
Tickmill offers a total of 295 tradeable assets encompassing CFDs on currency pairs, indices, metals, bonds, and cryptocurrencies.
Cryptocurrency: Cryptocurrency trading at Tickmill is available through CFDs.
Tickmill offers three accounts: Classic, Pro, and VIP. Bottom line: Tickmill is best for active and VIP traders, who have access to pricing that competes among the lowest-cost brokers in the industry.
Classic accounts: The Classic account is entirely commission-free – traders only pay the Buy/Sell spread. However, average spreads for the Classic account are much higher than Tickmill’s other two account types.
Spreads: spreads are higher then the 0.51 on U.S. pip on EUR/USD different then showed by the company .
Pro account:The PRO and VIP accounts offer of 75 assets and 62 currency pairs, the Pro account will be ideal for most traders.
VIP versus Pro accounts: Traders that choose Tickmill’s VIP account will need to maintain a minimum balance of $50,000.