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Tickmill Login's website and software support will be evaluated first, followed by the
company's license, and finally, the actual trading circumstances will be
discussed to arrive at a conclusion as to whether or not Tickmill Login is a reliable
broker or an elaborate fraud. So, let's get started.
Tickmill Login is a foreign exchange (Forex) broker that began operations in Seychelles in 2015. As a result of the fact that the broker employs a group of seasoned traders who have been active in the financial markets since the 1980s, the newly acquired customers of Tickmill Login may rest certain that they will be well taken care of.
When you browse to the website for Tickmill Login, the very first thing that will stand out to you is how streamlined and uncomplicated the user experience appears to be. An image here or there, a few visual effects here and there, and a typeface that is extremely respectable all come together to generate a visual that seldom distracts the visitor from accessing the information they came for.
And the information is most definitely accessible. We have encountered websites with a reasonable level of theme separation, but what we saw on Tickmill Login was something completely different: the broker has organized the website into parts that address all of the queries in an easy to understand manner. For example, are you interested in learning about the requirements for spreads? Find out everything you need to know about it by going to the Spreads & Swaps area.
When determining the overall ranking for Tickmill Login, we will be sure to take into consideration this level of simplicity as an unquestionable plus.
When we went to the website, we were fairly happy to see that there were five distinct account kinds available. Each one of them is tailored to a certain user base and offers that user a once-in-a-lifetime opportunity to engage in trade.
When it comes to trading platforms, Tickmill Login most certainly does not reinvent the wheel; rather, it relies on MetaTrader 4 and WebTrader to carry out all of its trading executions. In addition, it is not necessary for it to be unique because the aforementioned pieces of software have been demonstrated to be the most successful and efficient in this sector.
Following that, we will investigate the broker's license materials in more detail. This is the portion that in reality discloses a great deal concerning the broker's code of conduct as well as the problems with its legality.
When you initially open the website, the very first thing that appears on the screen is the following line: "Authorised and Regulated: FSA SC, FCA UK, CySEC." This indicates that the broker must comply with the regulatory requirements of three different nations and their respective financial institutions.
The process of physically traveling through these establishments may also disclose a great deal. For instance, when we realized that the Financial Conduct Authority of the United Kingdom is one of the primary regulators of Tickmill Login, all of our concerns or ideas regarding Tickmill Login being a scam were immediately put to rest for us. When there is such a high level of regulatory control watching your operations, it is just not possible to run a fraudulent operation.
At long last, we'll go through each and every significant trading condition that Tickmill Login has to offer. We'll get started with the spreads and the leverage first. On the website of the broker, we are able to observe that the greatest leverage ratio that the traders are permitted to employ is 1:500, which is undoubtedly an attractive proposition.
Concerning spreads, the forex broker provides customers with the option of choosing between two distinct levels of bid-ask price disparities on currency pairs: 1.6 pips for the Classic account and 0 pips for the Pro and VIP accounts. Both circumstances are rather favorable; nevertheless, as you could expect, the deal with no pip differential is far more appealing.
Regarding the Tickmill Login bonus, the broker provides its customers with a number of different incentives, such as the $30 Welcome Account, the Trader of the Month award, and a great deal more besides. The lucky recipients of these bonuses receive additional trading dollars, and they also have the option to withdraw the bonus money to their own personal accounts.
In the final step of this guide, we'll take a look at the minimum deposit requirement, as well as the methods available to you for making deposits and withdrawals. One hundred dollars is the bare minimum that must be deposited into a Classic account before it can be activated on Tickmill Login.
In terms of the
financial systems that are supported, the broker is compatible with bank wires,
credit and debit cards, and a wide variety of e-wallets such as Neteller,
In a nutshell, we consider Tickmill Login to be a reliable brokerage that provides fairly outstanding trading conditions for the benefit of its customers. Let's take a closer look at each of the things that were discussed before, shall we?
As is customary, we will get things started with the website. The website does not include an excessive amount of needless imagery or transition effects; rather, everything is employed in a sufficient and moderate manner. We said previously that the aesthetic aspect of the website is pretty much right on. The result of this is that it significantly simplifies the process of navigating through the website.
When it comes to actually locating the information that you're looking for on our website, it's safe to state that all it takes is one click of the mouse to go to the page that you want. The website may be navigated by any one of its six distinct parts, which are titled Trading, Platforms, Clients Tools, Promotions, Partnerships, and About Us respectively.
You may learn all you need to know
about the regulatory measures, trading figures, platforms, and payment methods
that the broker implements inside those parts.
There are three real accounts (Classic, Pro, and VIP), one Islamic account, and one demo account. These five various packages satisfy the need that comes from every sort of trader. In terms of the account types, there are five different packages that fulfill the demand.
And each of them is unique in its own
particular manner; some of them offer smaller spreads but greater minimum
deposit requirements, some do not come with swaps, and so on. All things
considered, certain users will find that these accounts exactly meet their
Trading software is covered in the final paragraph of this section. Instead of going all out and delivering their own unique trading platform, Tickmill Login has opted to take a way that is both safer and more trustworthy and has gone with MetaTrader 4.
MT4, a platform that has undergone extensive testing and is
utilized by a large number of people, has been shown to be the most successful
software overall. In addition to this, the broker provides access to the
MT4-based WebTrader platform, which is compatible with all of the main online
Now that we've covered everything, let's speak about the broker's license paperwork and determine how legitimate they are.
As was discussed earlier on,
there are three distinct regulatory elements that monitor and even guide the
financial operations of the broker. Each of these parts plays a relatively big
role in the oversight and direction of the broker's actions.
The FSA from Seychelles, the FCA from the United Kingdom, and the CySEC from Cyprus are among these licenses.
Now, if only there existed the FSA license, then we would at least admit the authenticity of the accusations that Tickmill Login is a fraud.
This is due to the fact that, in the opinion of some traders, the
Seychelles is not the nation that possesses the greatest political or economic
might to hold the broker accountable for its activities.
But as soon as we take a look at the license papers that come from the United Kingdom and Cyprus, all of our concerns are immediately put to rest.
Just take a
look at the Financial Conduct Authority in the UK. Do you believe that this
institution will pardon any fraudulent behaviour committed by a brokerage firm?
That is not what we believe in any way.
In addition to that, there is the CySEC license, which serves as a type of icing on the cake because it is also a very robust licensing document originating from within the EU.
In a nutshell, the broker must maintain all three licenses in
order to guarantee compliance with the most stringent financial regulations.
Now that we've gotten that out of the way, let's speak about the real services that Tickmill Login provides.
As was mentioned previously, the leverage may reach as high as 1:500, which is an extremely amazing and profitable proposition.
who use it can double their initial deposits by a factor of 500, which results
in a rise in earnings at the same rate of multiplication.
The bid-ask price difference for foreign exchange pairings varies from account to account, but the minimum spread can be as low as 0 pip, which indicates that there is no actual price difference and that traders are able to acquire the same amount of assets as they sell.
When it comes to the bonuses, Tickmill Login FX Brokerage provides at least five distinct promotions: the Trader of the Month, Tickmill Login's NFP Machine, $30 Welcome Account, IB Contest, and Rebate Promotion. All of these promotions are available to clients.
The fact that they all provide the traders with the
opportunity to win money contributes to the overall improvement of the Tickmill
And last but not least, let's have a conversation about the minimum deposit requirements as well as the financial platforms that support those deposits.
The smallest amount of money that may be deposited into your Tickmill Login account is one hundred dollars.
Because of this, even inexperienced traders have the
opportunity to launch their careers on Tickmill Login without risking their financial
The payment systems that drive those deposits, as well as withdrawals, are likewise quite attractive: the broker provides both traditional (bank wire, debit/credit cards), as well as e-wallet platforms (Neteller, Skrill, Fasapay, etc).
When it comes to withdrawing money from Tickmill Login, you may utilize the same
platforms that are already available to you in order to take out the money that
you have earned. In addition, the SSL protocol, which is the industry's most
stringent security standard, is used to encrypt all financial transactions.
So, what is the consensus of our final thoughts on Tickmill Login? Should you trade foreign exchange, equities, or commodities using the company's services or platforms?
In light of all that has been discussed up to this point in this analysis, it is reasonable to state that the broker provides some of the most interesting trading circumstances that can currently be found on the market.
You can never
go wrong when you use Tickmill Login as your trading platform, regardless of whether
you are looking for thin spreads, advanced financial procedures, or leveraged
trading positions with fewer of your own funds.
Reviewed by Arpita Singh
Arpita Singh is the main writer at ForexBroker.ae. As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.