Tickmill Review
Tickmill is a low-cost, execution-focused broker founded in 2014 whose Raw account pairs 0.0-pip spreads with a modest commission, backed by FCA, CySEC, FSCA and DFSA licences.
Updated
In this guide 10 sections
Tickmill built its name on one idea: keep execution fast and trading costs low, and serious traders will come. This Tickmill review tests that pitch with real numbers, looking at what a round trip actually costs, which licence protects you and where the broker’s lean approach leaves gaps.
A Young Broker With an Institutional Feel
Tickmill launched in 2014, making it one of the newer names in this ranking. Rather than courting beginners with bonuses, it targeted active traders, algorithmic strategies and introducing brokers, and it grew into a multi-entity group with operations in London, Limassol, the Seychelles, Dubai, Cape Town and Labuan. Its marketing still leans on execution quality and tight pricing rather than flashy features.
Licences That Matter
Tickmill’s regulatory spread is strong for a broker of its age:
- Tickmill UK Ltd is authorised by the FCA (reference 717270), and eligible clients have FSCS protection up to £85,000.
- Tickmill Europe Ltd holds CySEC licence 278/15 and participates in the Cyprus Investor Compensation Fund.
- Tickmill South Africa is an FSCA-authorised provider (FSP 49464).
- A Dubai branch is supervised by the DFSA (F007663).
- Tickmill Ltd in the Seychelles (FSA licence SD008) serves most international clients, and a Labuan entity covers parts of Asia.
UK and EU retail clients are limited to 1:30 leverage on major pairs. The Seychelles and South African entities allow up to 1:1000 on forex. US residents cannot open accounts.
Doing the Maths on Costs
Tickmill keeps the account menu short, with a $100 minimum on both main options:
- Classic: no commission, spreads from 1.6 pips.
- Raw: spreads from 0.0 pips plus a $3 commission per side per standard lot on forex and metals, or $6 per round turn. Other asset classes are commission-free.
To put that in perspective, a one-lot EUR/USD trade on Raw at a 0.1-pip spread costs roughly $1 in spread plus $6 in commission, about $7 all in. The same trade on Classic at 1.6 pips would cost around $16. For anyone trading more than occasionally, Raw is the obvious choice, and that pricing is among the more competitive on the market. Tickmill does not charge its own deposit or withdrawal fees on most methods, and swap-free accounts are available in USD, EUR, GBP and ZAR.
Platforms and Connectivity
MetaTrader 4 and MetaTrader 5 remain the workhorses, with expert advisors, hedging and scalping fully supported. Tickmill also connects to TradingView, so clients can trade from TradingView charts, and offers its own Tickmill Trader mobile app. Futures traders can access CQG through the relevant entity. Add-ons include Autochartist, an economic calendar, calculators and VPS hosting, while MAM and PAMM tools serve money managers. A social trading service lets clients follow strategy providers.
Market Coverage
The product list is the main compromise. It covers more than 60 currency pairs, stock indices, metals, energies, bonds and a selection of stock and ETF CFDs, but it is narrower than the thousands of instruments some multi-asset rivals list. Traders who focus on forex, gold and indices will find what they need; stock pickers may not.
Funding and Support
Deposits and withdrawals can be made via bank wire, cards, Skrill, Neteller, SticPay, FasaPay, UnionPay, WebMoney and crypto, with withdrawals returned to the original method. E-wallet transfers are usually processed within about one business day. Support is available 24/5 by chat, email and phone in a dozen languages.
Is Tickmill Worth It?
Tickmill is a strong match for cost-conscious forex and index traders, scalpers and EA users who value Tier-1 regulation and TradingView access. Beginners who want rich education or traders who need a vast share catalogue will find it more limited.
Margin trading amplifies both gains and losses, so set stop-losses and risk only capital you can spare.
Tickmill FAQ
Is Tickmill regulated?
What is the Tickmill minimum deposit?
How much commission does Tickmill charge?
Can I use TradingView with Tickmill?
What leverage does Tickmill offer?
Tickmill: frequently asked questions
What is Tickmill?
Tickmill is covered on this page with the main facts in one place: what is offered, who can take part and which conditions apply. Offers like this change often, so always confirm the current details on the official page before you sign up.
Who can claim Tickmill?
Eligibility usually depends on your country of residence, a verified account and, for most trading promotions, a new or qualifying account. Read the eligibility section of the terms first; residents of some countries are excluded by the provider or by local rules.
What should I check before using Tickmill?
- The exact amount, percentage or reward and any maximum cap.
- Trading volume or lot requirements and the deadline to meet them.
- Which part can be withdrawn, and when.
- Which company and licence your account will be opened under.
Is Tickmill worth it?
It can be useful if the conditions match how you already trade. Do not change your strategy or risk more just to reach a bonus target. Trading leveraged products such as forex and CFDs carries a high risk of losing money.
Related: Latest forex bonuses on FxBonusMeet · ForexAllNews – forex news and guides
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Summary
Tickmill is a forex and CFD broker launched in 2014 with entities regulated by the FCA, CySEC, FSCA, DFSA, the Seychelles FSA and Labuan FSA. Its Classic and Raw accounts start at $100, and it supports MT4, MT5, TradingView and its own Tickmill Trader app.
Account Types
| Name | Notes |
|---|---|
| Classic | Commission-free, spreads from 1.6 pips |
| Raw | Spreads from 0.0 pips plus $3 per side per lot on forex and metals |
| Islamic | Swap-free versions available in USD, EUR, GBP and ZAR |
Regulation & Licences
| Regulator | Licence No. | Country |
|---|---|---|
| FCA | 717270 | United Kingdom |
| CySEC | 278/15 | Cyprus |
| FSCA | 49464 | South Africa |
| DFSA | F007663 | United Arab Emirates (Dubai) |
| FSA | SD008 | Seychelles |
| Labuan FSA | Malaysia |
Pros
- Low all-in cost on the Raw account: 0.0-pip spreads plus $3 per side
- Tier-1 FCA and CySEC oversight plus FSCA and DFSA licences
- TradingView connectivity alongside MT4 and MT5
- No internal deposit or withdrawal fees on most methods
Cons
- Smaller product range than multi-asset rivals
- Classic account spreads from 1.6 pips are relatively wide
- Support runs 24/5 rather than 24/7
- Education and research are basic compared with the industry leaders
Risk warning: Trading forex and CFDs on margin carries a high level of risk. Bonus terms are set by each broker and may change; always check the broker's official terms before claiming.