Tickmill Review – a Complete Guide From a Traders Perspective

  • Date: 09-Jul-2020
  • Source: Business 24-7
  • Sector:Financial Markets
  • Country:GCC
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Tickmill Review – a Complete Guide From a Traders Perspective

In A Nutshell 

Tickmill is an international CFD and forex broker, established in 2014. 

The broker has several regulations from the Financial Services Authority Seychelles, the Financial Conduct Authority, and the Cyprus Securities and Exchange Commission (CySEC). 

Tickmill is considered a safe broker due to its top-tier FCA license. 

Disclaimer: CFDs represent complex instruments and involve a significant risk of losing money because of leverage. Up to 73% of retail investor accounts lose funds when trading CFDs with this broker. You should assess how you can cover the high risk of losing money and how CFDs work. 

Tickmill Good & Bad 

Tickmill comes with low non-trading and trading costs. It has one of the lowest forex fees among brokers. Opening an account is simple, fully digital, and fast. You have several options for withdrawal or deposit, without costs. 

However, Tickmill has limited products in its portfolio: you can only trade CFDs and forex. Essential assets like ETFs or real stocks are missing. This broker's trading platform is from MetaTrader, which has an outdated design. Also, news feeds are average and come with no structure. In case you want to have a better understanding how this platform ranks you can check our list of the best online trading platforms.

Good:

Low FeesExcellent Account OpeningFree Withdrawal & Deposit Bad:

Only CFDs