Established in 2015, Tickmill is a well-regarded online forex and CFD broker, operating under various regulatory frameworks. It caters to both retail and institutional traders globally, offering a diverse range of over 80 trading instruments in categories like currency pairs, stocks, indices, bonds, metals, energies, and other commodities through adaptable trading platforms. Tickmill prides itself on providing favorable trading conditions, including competitive spreads and commissions, swift execution speeds without requotes, responsive customer support, and a suite of useful trading tools. However, one area where they could improve is in their educational offerings.
Markets
Tickmill boasts a wide array of over 80 trading instruments across several asset classes, encompassing forex, stocks, indices, commodities, bonds, and cryptocurrencies.
Platforms
Customers of Tickmill can access the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are favored by forex traders. MetaTrader is available as a web trading terminal compatible with most modern browsers, along with desktop applications for Mac and Windows, and mobile apps for iOS and Android devices. Additionally, the broker provides a FIX API connection for private and institutional clients who maintain a minimum account balance of $500,000.
MetaTrader 4 (MT4)
Launched in 2005, the MT4 platform remains the most widely utilized trading platform globally. It offers numerous advantages for retail traders, enhancing almost every aspect of their trading experience.
Tickmill MetaTrader 4 (MT4) Mobile Platform
One of the most attractive features of MT4 is its intuitive interface. The straightforward download process means you can start trading within minutes. The platform’s global accessibility has played a significant role in its popularity, with multi-language support allowing traders to use the platform in their preferred language.
MetaTrader 5 (MT5)
MetaTrader 5 is a distinguished online forex trading platform providing various options for brokers with different accounts. The software allows traders to seamlessly switch between accounts and windows, facilitating quick order placements. Reviews of MetaTrader 5 highlight its popularity among seasoned Forex traders, while its user-friendly design also appeals to beginners. Many professional brokers opt for MetaTrader 5 to offer their clients the fastest, safest, and most enjoyable trading experience available.
Tickmill MT5 Platform
A friendly and multifunctional trading platform sets the foundation for successful trading in financial markets. For today’s trader, MetaTrader 5 is the top choice! The integrated MetaTrader Market is the ideal place to purchase or rent trading robots or technical indicators. MetaTrader 5 supports most mainstream operating systems, including Android, iPad, Mac, and Linux. Reviews of MT5 emphasize its numerous benefits rather than any drawbacks. A significant advantage is the ability to trade on a demo account before engaging in live markets. MetaTrader 5 offers extensive features for automated trading.
Tools
In addition to the tools available on the trading platforms, Tickmill provides a variety of useful resources, such as Autochartist, Technical Chart Patterns, Fibonacci Patterns, Volatility Analysis, Key Levels, Market Reports, Performance Statistics, Myfxbook AutoTrade, Economic Calendar, Trading Calculators, Tickmill VPS, and One-Click Trading.
Copy Trading
Myfxbook AutoTrade is another renowned platform that allows brokers with various accounts to benefit from quick account and window switching. The software is favored by seasoned Forex traders, while its user-friendly design attracts newcomers. Many professional brokers download MetaTrader 5 to provide clients with the most efficient trading platform available.
Pelican Trading
Pelican offers a cutting-edge, all-in-one mobile auto-copying tool, enabling users to track and replicate trades from successful traders. This social trading solution, driven by a network of high-performing traders, transforms the trading experience by providing access to the financial markets and connecting you with top traders at your fingertips!
Pelican’s user-friendly interface, compatible with both iOS and Android devices, is perfect for learning from skilled traders and mentors, engaging in conversations, tracking performance trends, receiving trade updates, and more—all while on the go! You can easily adjust copier settings to manage your risk and follow as many trading strategies as you like. Additionally, linking your Tickmill live MT4 account is simple, allowing you to trade with excellent execution from anywhere in the world, around the clock!
Tickmill VPS
A Virtual Private Server (VPS) is your own private server hosted in the cloud or online, available 24/7. It runs a separate operating system (OS) but isn’t dependent on your local machine, ensuring your computer can function normally even when you’re not present. A VPS allows for the execution of automated trading strategies or ‘Expert Advisors’ (EAs) around the clock on a remote server without relying on your own computer. BeeksFX, one of the leading Forex VPS providers, offers access to low-latency networks, enabling your professional advisors to operate smoothly. This ensures you can enter and exit the market with precision, without delays impacting your trades.
Acuity Trading Tool
Market sentiment is derived directly from the Dow Jones news stream, enabling opportunity detection and data utilization. Show off your trading skills! Tickmill’s new Acuity Trading tool gives traders a competitive edge by uncovering trading opportunities as they arise. It processes millions of news articles and data releases to provide a comprehensive view of market sentiment, all presented in an easy-to-use interface for your interpretation.
Acuity Trading Tool Features
- Research Terminal
- Market Alerts
- Linear Second
- Sentiment Complex
- Macroeconomic Calendar
Education
Tickmill has an FAQ section on their website that addresses common trading queries. However, aside from that and possibly the news section, educational materials are limited. Key educational and research tools by Tickmill include:
- AutoChartist: A crucial trading tool that saves valuable time. When trading CFDs on Forex, Metals, Stock Indices, Oil, and Cryptocurrencies, Autochartist helps you make informed trading decisions. Tickmill offers Autochartist for free to all clients with live accounts.
- Economic Calendar: Daily economic news releases impact market movements in a constantly changing socio-political landscape. Traders increasingly rely on their economic calendar to monitor daily events and market dynamics.
- Seminars & Webinars: Tickmill organizes seminars and live webinars to educate its clients.
- Ebooks: Various ebooks are available to inform clients.
- Videos: This section features video tutorials covering topics like trading basics, strategies, copy trading, and platform tutorials.
- Market Insights: Tickmill provides clients with up-to-date market insights, including technical and fundamental analyses of popular markets.
Conclusion
Tickmill is an online broker regulated in multiple jurisdictions, providing trading services across 87 instruments via the MT4 platform with competitive spreads and commissions, advanced trading tools, and rapid executions.
Ratings
Markets: 8.3
Platforms: 7.0/10
Tools: 9.0/10
Education: 8.0/10
Pros
- Industry-leading trading platforms
- Advanced trading tools
- A good selection of forex currency pairs
- Range of account types and funding options
- Copy trading signals and social trading
- Free VPS available
Cons
- Cannot accept USA traders
- Inactivity fees
- No 24/7 support
As a self-proclaimed Forex enthusiast, I spend my days researching and testing everything related to forex. With years of experience in the industry, I have reviewed countless forex robots, brokers, strategies, courses, and more. I share my insights with you, free of charge, to help you navigate the exciting world of forex trading! For more information, visit https://findnomore.net.