Tickmill

Tickmill

Trust Score:

4.09

(1,129 Reviews )

About Tickmill

Tickmill is a solid and well-regulated broker offering reliable execution, EA support, and tight spreads, especially for more experienced traders running bots. It’s a particularly strong choice for users seeking a balance of regulatory safety and competitive trading conditions. Some limitations like the lack of FIX API and minor funding restrictions exist, but they don’t detract much from the overall experience.

Regulation & Security

Tickmill is regulated by several tier-1 and tier-2 bodies, including the UK’s Financial Conduct Authority (FCA), CySEC, FSA Seychelles, and Labuan FSA. This multi-regulation structure provides both strong oversight and flexibility depending on which entity the client signs up under. The FCA arm offers top-tier protection, including segregated client funds and negative balance protection, which enhances user confidence.

Account and Setup

The account setup process is generally fast and user-friendly. Most users report being approved within 24–48 hours. However, users under non-EU entities (like the Seychelles arm) may experience more lenient KYC processes but lower investor protection. Overall, the onboarding experience is efficient, with clear communication and email updates along the way.

Funding Options

Tickmill offers a good range of funding options including bank wire, credit/debit cards, Skrill, Neteller, and SticPay. Processing times are reasonable, with most deposits reflected within the same day. Withdrawals are usually completed within 24 hours on business days. There are also zero deposit/withdrawal fees for many methods, which is a plus.

Bot & API Compatibility

Tickmill is EA-friendly and supports MT4 and MT5 platforms, making it suitable for algorithmic trading. Latency is low, and execution speed is reliable—especially on the Pro and VIP accounts, which offer raw spreads and lower commissions. There’s no FIX API offered for retail traders, but for most EA users, the MT4/MT5 environment is sufficient.

Trading Conditions& Restrictions

Tickmill offers tight spreads, especially on Pro accounts (as low as 0.0 pips with a commission). Leverage can go up to 1:500 under offshore entities, but is capped under FCA/CySEC regulation. There are no restrictions on scalping or hedging, which makes it attractive for bot users. That said, occasional slippage during high volatility periods has been reported by some EA users.

Tickmill Reviews

(1,129)

Tickmill Reviews

(1,129)

Get inspired for your next move

Discover expert insights, tips and strategies

Cutting-edge Trading Tools

Who we are and why we do it

Corporate solutions

Price ranging from
USD 100,000/mo

Price ranging from
USD 30,000/mo

Price ranging from
USD 10,000/mo

Retail solutions

Price ranging from
USD 4,997/mo

Price ranging from
USD 2997/mo

Price ranging from
USD 497/mo