Abstract:Tickmill was founded in 2014 to provide an ideal trading environment for retail and institutional clients worldwide. The trader is currently regulated by five regulatory bodies, namely the Seychelles Financial Services Authority (Regulatory Number: SD008), the UK Financial Conduct Authority (Regulatory Number: 717270), the Cyprus Securities and Exchange Commission (Regulatory Number: 278/15), the Lebanese Financial Services Authority (Regulatory Number: MB/18/0028), and the South African Financial Sector Conduct Authority ( Regulatory number: FSP49464).
General Information & Regulation of TickMill
Tickmill was founded in 2014 to provide online brokerage services for retail and institutional clients worldwide. Tickmill is currently regulated by five regulatory bodies, namely the Seychelles Financial Services Authority (Regulatory Number: SD008), the UK Financial Conduct Authority (Regulatory Number: 717270), the Cyprus Securities and Exchange Commission (Regulatory Number: 278/15), the Lebanese Financial Services Authority (Regulatory Number: MB/18/0028), and the South African Financial Sector Conduct Authority ( Regulatory number: FSP49464).
Market Instruments
TickMill provides investors with popular tradable instruments in the financial markets, mainly Forex (over 60 currency pairs), stock indices, oil, precious metals (gold & silver), bonds.
Minimum Deposit of Tickmill
To meet different investors' investment needs and experience, TickMill has set up three different types of accounts, namely Classic, Pro, and VIP accounts. The minimum deposit is $100 for Classic and Pro accounts and $50,000 for VIP accounts. The minimum deposit requirements to open a live account, actually, is quite affordable for most regulators to get started.
Leverage of TickMill
The maximum leverage for all three accounts is up to 1:500 for Forex, 1:100 for stock indices and oil, 1:500 for precious metals, and 1:100 for bonds.
Spreads & Commission Fees of TickMill
Spreads on Classic accounts start from 1.6 pips, and no commission is charged for trading. The minimum spread for Professional accounts starts from 0.0 pips, and the commission is $2 per lot (per side), while the minimum spread for VIP accounts starts from 0.0 pips, and the commission is $1 per lot.
Trading Platform of TickMIll
TickMill offers traders a highly acclaimed and powerful MT4 trading platform with a user-friendly and highly customizable interface, more than 50 indicators and customizable charts, support for MQL language, and trading signals with an advanced notification system. Additionally, MT4 WebTrader can be used directly in the browser, giving traders instant access to trades anytime, anywhere.
Deposit & Withdrawal of TickMill
TickMill offers several methods to deposit and withdraw funds for users from different countries, mainly wire transfer (for USD, EUR and GBP, minimum deposit of $100, minimum withdrawal of $25, no commission), VISA/MASTERCARD (for USD, EUR and GBP, minimum deposit of $100, minimum withdrawal of $25, no commission), Skrill (supports USD, EUR and GBP, minimum deposit of $100, minimum withdrawal of $25, no commission), NETELLER (supporting USD, EUR and GBP, minimum deposit of $100, minimum withdrawal of $25, no commission), STICPAY (supporting USD, EUR and GBP, minimum deposit of $100, minimum withdrawal of $25, no commission), Fasa (supporting USD, EUR and GBP, minimum deposit of $100, minimum withdrawal of $25, no commission) (supporting USD, IDR, minimum deposit of USD100/1500,000 IDR, minimum withdrawal of USD25), UnionPay (supporting CNY, minimum deposit of USD100 or RMB700, minimum withdrawal of USD25, no commission), WebMoney (supporting USDEUR, minimum deposit of USD100, minimum withdrawal of USD25 No commission), QIWI (supporting USD, Ruble, Euro, minimum deposit of USD 100, minimum withdrawal of USD 25, no commission), NganLuong.vn (supporting VND, minimum deposit of USD 100 / VND 2000,000, minimum withdrawal of USD 25, no commission).