Is Tickmill a Good Choice for Beginners? This comprehensive guide will explore Tickmill’s offerings in detail, helping you determine if it’s the perfect launchpad for your trading journey. We will analyze its suitability for beginners, covering key aspects like account types, trading platforms, fees, customer support, and educational resources.
Tickmill broker
Tickmill is a well-established CFD and forex broker founded in 2014. They are regulated by several financial authorities, including the FCA, CySEC, FSA, and FSCA, and operate under MiFID II. Tickmill also offers a diverse range of assets, including Forex, CFDs on stocks, Commodities, Indices, Cryptocurrencies, Bonds, and Futures.
Tickmill experienced significant growth, welcoming over 134,000 newly registered accounts and gaining 75,000+ new active clients in 2025. Tickmill specializes in Forex and CFD trading, offering access to over 62 currency pairs categorized as major, minor, and exotic. Start trading with Tickmill.
Tickmill Broker for Beginners: What to Expect
Is Tickmill broker for beginners? Yes, a Tickmill is a good choice for beginners due to several factors. They are listed as follows.
Regulatory bodies
Several leading financial authorities, including the UK’s Financial Conduct Authority FCA, the Cyprus Securities and Exchange Commission CySEC, the Seychelles Financial Services Authority FSA, and the South African Financial Sector Conduct Authority FSCA, regulate Tickmill.
This multi-jurisdictional regulation enhances client protection and ensures adherence to strict industry standards.
Diverse asset classes
Trade a wide range of financial instruments, including Forex, Stocks, Indices, Commodities, Bonds, Cryptocurrencies, and Stocks.
Awards and recognition
Tickmill has many awards. They are given below.
- ForexBrokers.com Annual Forex Broker Review 2024
- Best Trading Spread Brokers View 2024
- Rankia Argentina 2024
- Best Spreads for Gold Trading FX Empire 2024
- Best Spreads in the UK FX Empire 2024 and
- Finance Magnates Africa Summit 2023
Trading platforms
You can access industry-leading platforms that offer MetaTrader 4 MT4, advanced trading MetaTrader 5 MT5, and a user-friendly mobile app. Tickmill provides a copy-trading feature, where you can become either a strategy provider or a follower. As a provider, share your strategies and earn extra rewards, while followers can copy successful traders and benefit from their expertise.
Account types
Opening an account with Tickmill is quite easy. You can choose from the classic account, raw spread, Tickmill trader raw accounts, and an Islamic swap-free account.
Demo account
Tickmill offers a free demo account with over 80+ tradable instruments and access to all trading tools and strategies. This realistic trading experience, utilizing virtual currency, closely mirrors live trading conditions within the MT4 and MT5 platforms. Note that MT4 and MT5 demo accounts have 7-day expiration.
Flexible funding
You can fund your account conveniently with various deposit methods, including bank transfers, credit/debit cards, and popular e-wallets like Skrill and Neteller.
Fees and commission
The minimum deposit requirements for Tickmill Broker is $100. The various trading costs and commissions are as follows.
- Tickmill trader raw account: $3.50 commission per lot per side
- Raw account: $3.00 commission per lot per side
- Classic account: $0 commission, 1.6 pip spread
- Futures contract fees: $0.85
- Dormant fees: None
- Swap fees: None
- Withdrawal fees: None
Trading hours
Tickmill Broker offers trading hours from 00:02 Monday to 24:00 Thursday and from 00:00 Friday to 23:58 Friday.
High leverage
Leverage your trades up to 1:1000 depending on instrument and position size, with a default leverage of 1:500.
Exceptional Support
You can benefit from 24/5 multilingual customer support available via live chat, phone, and email.
- Live chat
- Email: support@tickmill.com
- Phone: +852 5808 7849
Educational resources
Tickmill Trading Guide provides a comprehensive suite of educational resources to empower traders. These include informative webinars, insightful market analysis, a library of informative video tutorials, and the valuable Tickmill analytics platform for in-depth market insights.
Tickmill broker for beginners: Pros and cons
The pros and cons of Tickmill for new traders are given below.
Pros
- Regulated in multiple top-tier jurisdictions, offering strong security.
- The raw account offers highly competitive pricing.
- Award-winning MetaTrader platforms and comprehensive futures/options platforms.
- Ideal for professional and algorithmic trading.
- Strong research tools and copy trading options available.
Cons
- Limited range of tradeable assets compared to other top brokers.
- Pricing for classic accounts is less competitive.
- VIP account and TradingView platform for futures trading have been discontinued.
Conclusion
Tickmill offers a supportive environment for new traders with low fees, comprehensive education, and a user-friendly platform. For beginners ready to start trading, open an account. Tickmill is a solid choice backed by positive reviews and strong support. So, start trading on Tickmill.
Pro Tip
Start trading with Tickmill, and take full advantage of the demo account to practice trading strategies without any risk. For beginners, explore the educational resources, such as webinars and tutorials, to strengthen your trading knowledge.
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