Tickmill in 60 Seconds
| Question | Answer |
|---|---|
| Main reason to consider Tickmill | Classic accounts have no commission, while Raw accounts offer spreads from 0.0 pips with commission. |
| Biggest drawback | Support feedback includes difficult-to-resolve withdrawal issues, and the AI chat may not connect users to an agent. |
| Minimum deposit | $100 for Classic and Raw CFD accounts; $1,000 for the Futures account. |
| Pricing model | Classic: commission-free with spreads from 1.6 pips. Raw: spreads from 0.0 pips plus commission. |
| Main platforms | MetaTrader 4, MetaTrader 5, Tickmill Trader, MetaTrader WebTrader and TradingView. |
| Main markets | Forex, indices, commodities, cryptocurrencies, stocks and bonds. |
| Maximum leverage | Up to 1:1000 for certain entities, including Tickmill Ltd in Seychelles; UK and EU retail clients are capped at 1:30. |
| Best suited to | Active traders comparing spread-and-commission pricing and using MT4 or MT5. |
| Less suited to | Traders who need consistently responsive human support, given reported withdrawal-query difficulties and the AI chat's limited agent access. |
The account and entity behind a Tickmill account matter as much as the headline pricing: leverage, products and protections are not uniform across regions.
Pros
- Classic CFD accounts have no commission, while Raw accounts offer spreads from 0.0 pips.
- Supports MT4, MT5, Tickmill Trader, TradingView and social trading.
- Scalping, hedging, news trading and Expert Advisors are permitted.
Cons
- UK and EU retail leverage is limited to 1:30, far below the 1:1000 maximum available to certain entities.
- Withdrawal feedback includes problems that can be difficult to resolve.
- The AI chat may provide only basic answers and fail to connect users with an agent.
How Tickmill Works
The basic trading model
Tickmill's standard trading accounts provide leveraged CFDs. The CFD range includes forex, indices, commodities, cryptocurrencies, stocks and ETFs; CFD positions are derivative exposure rather than direct ownership of the underlying asset. Classic and Raw are the principal CFD account choices: Classic uses a commission-free spread model, while Raw pairs narrower starting spreads with commission.
A separate Futures account operates through Tickmill UK Ltd and targets traders seeking direct market access to regulated exchanges rather than OTC CFDs. It provides futures access to exchanges including CME Group, EUREX and others, with platforms such as CQG, AgenaTrader or Trading Technologies. Tickmill also offers social and copy trading through Tickmill Social Trading, where users can follow strategy providers or share trades as providers.
Important regional differences
The account, legal entity and client classification affect leverage and protections. Tickmill Ltd in Seychelles offers leverage up to 1:1000 for certain clients; EU retail clients under CySEC and UK retail clients under the FCA are capped at 1:30. EU professional clients may qualify for leverage up to 1:500. The UK Futures account is separate from the standard CFD service and uses exchange-margin requirements rather than CFD leverage terms.
The Costs That Matter
Trading costs
Tickmill combines spread-only pricing on Classic with spread-plus-commission pricing on Raw. The starting spreads are not the same measure as the average spreads below: the EUR/USD, GBP/USD, Gold and S&P 500 figures are average spread values.
| Instrument | Typical / Average Spread | Commission |
|---|---|---|
| EUR/USD | 1.7 pips average | Raw: $3 per lot per side for forex; Classic: no commission. |
| GBP/USD | 1.9 pips average | Raw: $3 per lot per side for forex; Classic: no commission. |
| Gold (XAU/USD) | 0.09 points average | Raw: $3 per lot per side for metals; Classic: no commission. |
| S&P 500 CFD | 0.39 points average | S&P 500 CFD / indices: $0 separate commission. Tickmill Raw commission applies to FX and precious metals, while index trading is spread-priced. |
Classic spreads start from 1.6 pips with no commission. Raw spreads start from 0.0 pips, with a $3-per-lot-per-side commission for forex and metals. A TradingView Raw account has a separate commission of $3.50 per lot per side. Futures and options commissions are $1.30 for standard contracts and $0.85 for micro contracts.
Non-trading costs
Tickmill does not charge deposit or withdrawal fees, although banks, intermediaries and payment providers may charge their own fees. Bank-wire withdrawals under $5,000 may incur intermediary bank charges. Tickmill generally does not charge its own currency-conversion fee, but a bank or payment provider may apply one.
An inactivity fee of $10 applies quarterly after 12 months. Overnight swaps apply to positions held past 00:00 server time, with triple swaps on Wednesdays. Swap-free accounts are available on request, though administrative charges may apply to some instruments after a specified period. Long cryptocurrency positions have a 10% yearly swap charge.
Cost takeaway
Active forex and metals traders can compare the Raw account's spread-plus-commission structure with Classic's wider, commission-free pricing. The average EUR/USD and GBP/USD spreads are not the same as the Raw account's minimum spread claims, so traders should account for both spread and commission rather than relying on the minimum alone. Overnight holding, inactivity and third-party payment charges can add costs beyond the trade itself.
The Costs That Matter
- Classic has no commission and spreads from 1.6 pips; Raw starts from 0.0 pips with commission.
- Raw forex and metals commission is $3 per lot per side, while TradingView Raw commission is $3.50 per lot per side.
- An inactivity fee of $10 applies quarterly after 12 months; overnight swaps and possible intermediary payment costs can also apply.
Choosing Your Tickmill Setup
Account options
| Account | Pricing model | Minimum deposit | Platform access | Main restriction | Most relevant for |
|---|---|---|---|---|---|
| Classic | Commission-free; spreads from 1.6 pips. | $100 | MT4 / MT5 | Wider spreads than Raw's starting spreads. | Traders who prefer spread-only pricing. |
| Raw | Spreads from 0.0 pips; $3 per lot per side for forex and metals. | $100 | MT4 / MT5 | Commission applies to forex and metals trades. | Active traders comparing raw spreads plus commission. |
| Futures | Exchange bid/ask; commissions are $1.30 for standard contracts and $0.85 for micro contracts. | $1,000 | CQG, AgenaTrader or Trading Technologies | Offered through Tickmill UK Ltd; exchange margin requirements apply. | Traders seeking direct access to futures exchanges. |
| VIP | legacy/non-current tier. Current Classic is spread-only/commission-free; current Raw uses spreads from 0.0 pips plus $3 per lot per side on FX and precious metals. | legacy account tier, not listed in the current UK account lineup. Current Classic and Raw accounts each publish a $100 minimum. | MT4 / MT5 | No separate account-specific restriction is stated; general regional/entity rules apply. | No specific target profile is stated beyond the account’s published terms. |
Classic and Raw are the straightforward choice for CFD traders: the former removes commission, while the latter starts with tighter spreads and charges commission. Futures is a different product and platform setup, with exchange access and a higher minimum deposit. VIP is a legacy account label rather than a currently detailed standalone CFD tier.
Platform choices
| Platform | Web | Desktop | Mobile | Automation | Main Limitation |
|---|---|---|---|---|---|
| MetaTrader 4 | Yes | Yes | Yes | Yes — Expert Advisors (MQL4) on the desktop/VPS environment | Full MQL4/EAs/custom-script functionality is desktop/VPS-centric; the browser/mobile clients do not provide the full desktop automation environment. |
| MetaTrader 5 | Yes | Yes | Yes | Yes — Expert Advisors (MQL5), Strategy Tester and MQL5 automation on desktop/VPS | Full EA/custom-code development and testing are desktop/VPS-centric; browser/mobile versions are primarily for trading and monitoring. |
| MetaTrader WebTrader | Yes | No | Yes | No — Expert Advisors/scripts require the desktop MetaTrader environment | The browser terminal does not run MetaTrader Expert Advisors; advanced custom-code workflows require desktop MT4/MT5. |
| Tickmill Mobile App | No | No | Yes | No native user-programmable algorithmic engine; advanced automation is handled through another supported platform/API. | Mobile-specific interface; capabilities can vary by Tickmill regional entity. |
| Tickmill Trader | Yes | No | Yes | No native user-programmable algorithmic engine identified; custom automation, where available, uses another supported platform/API. | Proprietary WebTrader/mobile platform; EA/custom-code workflows are available through MetaTrader instead. |
| TradingView | Yes | Yes | Yes | Partial — Pine strategies, server-side alerts and webhooks; direct unattended live execution requires a compatible broker/API/bridge | TradingView strategy orders are evaluated by its broker emulator; a Pine strategy by itself is not universal live broker auto-execution. |
MT4 and MT5 offer the clearest route for Expert Advisors, while the Tickmill Trader app and WebTrader provide proprietary alternatives. Tickmill also offers VPS hosting through BeeksFX, with clients receiving a 20% discount on its VPS packages; the service is not entirely free.
Base currency and account configuration
CFD account base currencies include USD, EUR, GBP, PLN, CHF and ZAR. Futures account base currencies include USD, EUR, GBP, PLN and CHF. Tickmill offers a demo account and swap-free Islamic accounts on request. KYC verification is required, and a live trading account is needed to use Tickmill Social Trading.
Choosing Your Tickmill Setup
- Classic and Raw CFD accounts have a $100 minimum deposit; Futures requires $1,000.
- The Futures account uses exchange platforms and margin requirements rather than standard CFD account conditions.
- MT4 and MT5 support desktop/VPS Expert Advisors; TradingView automation has limitations for unattended live execution.
What You Can Trade
Tickmill's markets span leveraged CFDs and a separate UK multi-asset service. Instrument counts indicate the breadth of categories, but product type and access depend on the account and region.
| Market | Approx. Number | Important Detail |
|---|---|---|
| Forex | 62 | Generally a leveraged product; margin, swaps and available pairs depend on the account and legal entity. |
| Indices | 22 | Exposure is normally through CFDs, spread bets or futures rather than direct ownership of an index. |
| Commodities | 17 | Exposure is normally through CFDs, futures or similar contracts; financing, rollover and contract hours can apply. |
| Stocks | 477 | The CFD range includes stock and ETF CFDs. The UK multi-asset account also offers exchange-traded stocks and ETFs as separate products. |
| Bonds | 4 | The UK multi-asset account can include bonds; the standard trading range is mainly CFDs. |
| Cryptocurrencies | 15 | Crypto exposure can be derivative-based; leveraged crypto positions do not give wallet ownership. |
| Other | 24 | The UK multi-asset account can include ETFs, options, futures, spot currencies and funds, in addition to stocks and bonds. |
What You Can Trade
- The instrument range includes 62 forex pairs, 22 indices and 17 commodities.
- The stock category has 477 instruments; the CFD range includes stock and ETF CFDs.
- Tickmill's separate UK multi-asset account can include exchange-traded stocks and ETFs, futures, options, bonds, spot currencies and funds.
What Trading Is Like in Practice
Order execution
Tickmill permits scalping, hedging, news trading and Expert Advisors. The broker says it does not requote, but slippage can be favorable or unfavorable during major news and periods of high volatility. Tickmill describes execution as fast; execution conditions can still vary during volatile markets.
Leverage, margin and stop-out
Maximum leverage reaches 1:1000 for certain entities, including Tickmill Ltd in Seychelles. UK and EU retail clients are capped at 1:30, while EU professional clients may qualify for up to 1:500. Cryptocurrency CFDs are generally capped at 1:20, and leverage can change with jurisdiction, account, asset and market conditions.
The margin-call level is 100% and the stop-out level is 50%. Futures use exchange margin requirements rather than the leverage terms for CFD accounts.
Trading restrictions
Scalping, hedging, news trading and automated strategies are permitted. Tickmill prohibits malicious practices such as latency arbitrage. MT4 and MT5 Expert Advisors run in the desktop or VPS environment; the browser and mobile MetaTrader clients do not provide the full desktop automation setup.
FIX API connectivity is designed for large private and institutional clients. Qualification typically requires a $500,000 minimum balance and at least $5,000 in monthly commissions; the service is free when the commission threshold is met, otherwise a fee applies.
Day-to-day usability
Traders can use MT4, MT5, TradingView, MetaTrader WebTrader and Tickmill Trader. Tickmill Social Trading allows users to follow strategy providers or share trades as providers; providers set performance fees, paid weekly or monthly. Tickmill's BeeksFX VPS partnership offers discounted hosting for MT4 and MT5, with a 20% client discount rather than free hosting.
What Trading Is Like in Practice
- Scalping, hedging, news trading and Expert Advisors are permitted; malicious latency arbitrage is prohibited.
- Leverage reaches 1:1000 for certain entities, but UK and EU retail clients are capped at 1:30.
- Tickmill says it does not requote, while slippage can be favorable or unfavorable during high volatility.
From Sign-Up to First Trade
1. Eligibility
Tickmill does not accept clients from Singapore, the United States, Iran, India, the United Kingdom, Canada, Pakistan, Afghanistan, Angola, Bahrain, Belarus, Belgium, Bolivia, Colombia, Republic of the Congo, Cuba, the Democratic Republic of the Congo, El Salvador, Iraq, Japan, Jordan, Kenya, Kuwait, Lebanon, Lesotho, Libya, Myanmar, New Zealand, Oman, Palestine, Panama, Paraguay, Puerto Rico, Qatar, Réunion, Syria, Turkey, Uganda, Uruguay, Yemen or Zimbabwe. The UK Futures account is a separate service offered through Tickmill UK Ltd.
2. Registration
Applicants create an account through Tickmill's client area and select a relevant account and platform. The CFD minimum deposit is $100 for Classic and Raw accounts. The Futures account has a $1,000 minimum deposit.
3. Verification
KYC verification is mandatory. Tickmill typically requires proof of identity, such as a passport, national ID card or driving licence, and proof of address, such as a utility bill or bank statement dated within the previous three to six months. Employment, financial-status and trading-experience details may also be requested. Verification typically takes 12–24 hours after document submission, and full verification is required before payout requests.
4. Initial funding
Tickmill accepts bank transfers, cards, e-wallets and other supported payment methods. The minimum deposit is $100 for most CFD funding methods. Tickmill charges no deposit fee, although an intermediary or payment provider may apply its own charge.
5. Getting ready to trade
After verification and funding, traders can use the platform linked to their account. MT4 and MT5 support Expert Advisors on desktop or VPS environments. A demo account is available, and Islamic swap-free accounts can be requested.
From Sign-Up to First Trade
- KYC verification is mandatory and typically takes 12–24 hours after document submission.
- Proof of identity and address are typically required, and full verification is needed before payout requests.
- Tickmill does not accept clients from a range of restricted countries, including the United States, United Kingdom, Canada, India and Singapore.
Depositing and Withdrawing Money
Deposits
Tickmill does not charge a deposit transfer fee, though third-party provider or intermediary costs may apply. Card, e-wallet and other listed electronic deposits are processed instantly; bank transfers can take longer to arrive.
| Method | Minimum | Broker Fee | Broker Processing | Expected Settlement |
|---|---|---|---|---|
| $100 | No broker transfer fee, intermediary/provider fees may apply | within 1 working day (arrival 2–7 days) | within 1 working day (arrival 2–7 days) | |
| $100 | No broker transfer fee, intermediary/provider fees may apply | Instant | Instant | |
| $100 | No broker transfer fee, intermediary/provider fees may apply | Instant | Instant | |
| $100 | No broker transfer fee, intermediary/provider fees may apply | Instant | Instant | |
| $100 | No broker transfer fee, intermediary/provider fees may apply | Instant | Instant | |
| $100 | No broker transfer fee, intermediary/provider fees may apply | Instant | Instant | |
| $100 | No broker transfer fee, intermediary/provider fees may apply | Instant | Instant | |
| $100 | No broker transfer fee, intermediary/provider fees may apply | Instant | Instant |
Withdrawals
Tickmill charges no broker withdrawal fee, but intermediary banks and payment providers may charge their own fees. Processing at the broker and the time for funds to reach the receiving account are not always the same; card withdrawals can take up to eight working days, while some other routes are usually processed within one working day.
| Method | Minimum | Broker Fee | Broker Processing | Expected Settlement |
|---|---|---|---|---|
| 25 USD/EUR/GBP | No broker withdrawal fee, intermediary/e-wallet provider fees may apply | 2–7 working days | 2–7 working days | |
| 25 USD/EUR/GBP | No broker withdrawal fee, intermediary/e-wallet provider fees may apply | up to 8 working days | up to 8 working days | |
| 25 USD/EUR/GBP | No broker withdrawal fee, intermediary/e-wallet provider fees may apply | up to 8 working days | up to 8 working days | |
| 25 USD/EUR/GBP | No broker withdrawal fee, intermediary/e-wallet provider fees may apply | usually within 1 working day | usually within 1 working day | |
| 25 USD/EUR/GBP | No broker withdrawal fee, intermediary/e-wallet provider fees may apply | usually within 1 working day | usually within 1 working day | |
| 25 USD/EUR/GBP | No broker withdrawal fee, intermediary/e-wallet provider fees may apply | usually within 1 working day | usually within 1 working day | |
| 25 USD/EUR/GBP equivalent | No broker withdrawal fee, intermediary/e-wallet provider fees may apply | Processed within 1 working day | Processed within 1 working day | |
| 25 USD/EUR/GBP | No broker withdrawal fee, intermediary/e-wallet provider fees may apply | usually within 1 working day | usually within 1 working day |
Full KYC verification is required for payouts. E-wallet and crypto withdrawals are generally completed within one business day, while bank wires can take two to seven business days; card processing may take up to eight working days.
Depositing and Withdrawing Money
- The CFD minimum deposit is $100 for most listed funding methods, and Tickmill charges no broker deposit fee.
- Broker withdrawal processing ranges from usually within one working day for some methods to up to eight working days for cards.
- Intermediary banks and payment providers may charge fees even though Tickmill does not charge a broker withdrawal fee.
Customer Support
| Support Channel | Available | Hours | Languages / Important Notes |
|---|---|---|---|
| Chat | Yes | 24/5 support; agent hours Monday–Friday, 7:00–16:00 GMT during daylight saving time | AI chat assistant handles basic questions; agent access may not be available. |
| Yes | 24/5 support | [email protected]; support languages include English, German, Chinese, Indonesian, Russian, Spanish, Arabic, Polish, Italian, Korean, Thai, Malay, Vietnamese and Portuguese. | |
| Phone | Yes | 24/5 support | +357 25041710 |
| FAQ and contact form | Yes | FAQ: self-service access is available continuously. Contact form: can be submitted at any time. Tickmill's staffed global support is generally published as 24/5; some local phone/chat channels have narrower office hours. | Also available as support channels. |
Availability
Tickmill gives its support hours as 24/5, with agent hours of Monday to Friday, 7:00–16:00 GMT during daylight saving time. Support is offered in multiple languages, including English, German, Spanish, Arabic, Chinese, Russian and Portuguese.
How traders can get help
Contact options include chat, email, phone, an FAQ and a contact form. The email address is [email protected] and the phone number is +357 25041710.
Support limitations
Customer reports include withdrawal problems that can be difficult to resolve, alongside isolated positive accounts of prompt and useful help. The chat assistant is AI and gives basic answers. In one chat interaction, when I asked to speak with an agent, it said the team was unavailable and ended the chat. This limits the usefulness of live chat for issues that need a human response.
Customer Support
- Support channels include chat, email, phone, FAQ and a contact form.
- The AI chat assistant gives basic answers and may end a conversation when an agent is unavailable.
- Customer reports include difficult-to-resolve withdrawal issues, alongside isolated positive reports of useful help.
What Protects Your Money?
Tickmill operates through regulated entities in several jurisdictions. The regulator and protections that apply depend on the entity holding the account; a protection available to one client group should not be assumed to apply to all Tickmill clients.
Legal entities and regulators
| Client Region | Regulator | License / Registration | Main Protection |
|---|---|---|---|
| United Kingdom | FCA | 717270 | Eligible UK clients have FSCS protection; retail clients have negative balance protection. |
| Cyprus / European Union | CySEC | 278/15 | Eligible EU clients may receive ICF protection covering 90% of an eligible claim up to €20,000; retail clients have negative balance protection. |
| Seychelles | FSA Seychelles | SD008 | Client funds are segregated; the UK and EU compensation schemes do not apply by virtue of this Seychelles authorization. |
| South Africa | FSCA | 49464 | Client funds are segregated; the UK and EU compensation schemes do not apply by virtue of this South African authorization. |
| United Arab Emirates | DFSA | F007663 | Tickmill UK Ltd has a Dubai representative office; UK and EU compensation-scheme coverage should not be assumed for UAE clients. |
Client money protections
Tickmill segregates client funds from its operational funds and says they are held in separate accounts at top-tier banks. Retail clients have negative balance protection, which is intended to prevent losses exceeding the funds in the account; the policy may not apply where a negative balance results from fraud or market abuse.
Compensation depends on the relevant entity and client eligibility. UK clients may qualify for FSCS protection, while eligible EU clients may qualify for Cyprus ICF coverage of 90% of an eligible claim up to €20,000. Tickmill also offers additional insurance of up to $1,000,000 through Lloyd's of London.
Company transparency
Tickmill was founded in 2014 and is privately held rather than publicly traded. Its offices include Cyprus, the United Kingdom, the United Arab Emirates, South Africa and Seychelles.
Important distinction
Segregation, compensation schemes and negative balance protection address different risks and have different eligibility rules. They do not protect an account from ordinary trading losses caused by market movements.
What Protects Your Money?
- Tickmill segregates client funds from its operational funds.
- Eligible UK clients may qualify for FSCS protection; eligible EU clients may qualify for Cyprus ICF protection up to €20,000 on 90% of an eligible claim.
- Retail clients have negative balance protection, subject to policy conditions; this does not prevent trading losses.
The Biggest Catch With Tickmill
What the headline claim suggests
Tickmill's maximum leverage of 1:1000 and Raw spreads from 0.0 pips can appear to define the same trading offer for all clients. They do not: the leverage maximum applies to certain entities, and the Raw starting spread is paired with commission.
What happens in practice
UK and EU retail clients are capped at 1:30, EU professional clients may qualify for up to 1:500, and cryptocurrency CFDs are generally capped at 1:20. The Raw account charges $3 per lot per side on forex and metals, while Classic has no commission but spreads from 1.6 pips. The average EUR/USD spread is 1.7 pips, so a minimum-spread headline should not be treated as the typical cost.
Who should care most
Traders comparing brokers by leverage or minimum spreads should first identify the entity and account they can actually open, then compare the applicable spread and commission together. This is particularly relevant to retail clients in the UK and EU, whose leverage limit is much lower than Tickmill's global maximum.
Practical example
A UK or EU retail trader cannot use the 1:1000 maximum: the applicable retail cap is 1:30. A trader choosing Raw also pays commission on forex and metals, whereas a Classic trader pays no commission but faces spreads from 1.6 pips.
Who Tickmill Is Really For
Consider Tickmill if you...
- Trade forex or metals actively and want to compare spread-only Classic pricing with Raw spreads plus commission.
- Use MT4 or MT5 and want to run Expert Advisors on desktop or VPS.
- Want access to social or copy trading, or a separate UK futures account for exchange-traded derivatives.
You may want to look elsewhere if you...
- Need a human support agent to be readily available through chat, given the AI assistant's limited escalation and reported withdrawal-query difficulties.
- Are a UK or EU retail trader expecting leverage near 1:1000; the retail cap is 1:30.
- Want to hold cryptocurrency positions without derivative exposure or overnight financing; leveraged crypto positions do not give wallet ownership and long crypto positions have a yearly swap charge.
The Bottom Line
Tickmill's clearest proposition is a choice between commission-free Classic pricing and Raw spreads from 0.0 pips with commission, backed by MT4, MT5 and other platform options. Its biggest compromise is the gap between headline leverage and the limits applying to UK and EU retail clients, alongside customer-support concerns. Active traders who prioritize account-level costs and platform flexibility may accept that trade-off more readily than clients who depend on quick human help.
How We Reviewed Tickmill
This review assesses Tickmill's account terms, pricing, markets, platforms, funding conditions, regulatory arrangements and client protections, while distinguishing broker claims from regulator information and customer reports. We do not claim personal trading tests. For more detail on how brokers are assessed, see our review methodology.
Contact Info
- Website:
- https://www.tickmill.com
- Email:
- [email protected]
- Phone:
- +357 25041710
- Company Address:
- 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles
FAQ
Is Tickmill regulated?
Tickmill operates under FCA, CySEC, FSA Seychelles, FSCA and DFSA regulatory arrangements. Its FCA reference is 717270, its CySEC license is 278/15, its Seychelles FSA license is SD008, its FSCA number is 49464 and its DFSA reference is F007663. The entity holding an account depends on the client's region.
Is Tickmill legitimate, and what protections apply?
Tickmill has regulated entities and segregates client funds from company operational funds. Eligible UK clients may qualify for FSCS protection, while eligible EU clients may qualify for Cyprus ICF coverage of 90% of an eligible claim up to €20,000. Retail clients have negative balance protection, but compensation arrangements are not global guarantees and do not cover ordinary trading losses.
What is Tickmill's minimum deposit?
The minimum deposit is $100 for the Classic and Raw CFD accounts. The Futures account requires $1,000. VIP is a legacy account label rather than a currently detailed standalone CFD tier.
How much does Tickmill charge to trade?
Classic accounts have no commission and spreads from 1.6 pips. Raw accounts have spreads from 0.0 pips and charge $3 per lot per side for forex and metals; the average EUR/USD spread is 1.7 pips. Tickmill also charges overnight swaps, and an inactivity fee of $10 applies quarterly after 12 months.
Which Tickmill account should I choose?
Classic may suit traders who prefer commission-free pricing, while Raw may suit those comparing lower starting spreads with a per-lot commission. The Futures account is a separate service for traders seeking direct exchange access, with a $1,000 minimum deposit and exchange-margin requirements.
Which platforms does Tickmill offer?
Tickmill offers MetaTrader 4, MetaTrader 5, MetaTrader WebTrader, Tickmill Trader, its mobile app and TradingView. MT4 and MT5 support Expert Advisors on desktop or VPS environments; their browser and mobile versions do not provide the full desktop automation setup.
What is Tickmill's maximum leverage, and does it allow scalping?
Maximum leverage reaches 1:1000 for certain entities, including Tickmill Ltd in Seychelles, while UK and EU retail clients are capped at 1:30. EU professional clients may qualify for up to 1:500, and cryptocurrency CFDs are generally capped at 1:20. Tickmill permits scalping, hedging, news trading and Expert Advisors, but prohibits malicious latency arbitrage.
How long do Tickmill withdrawals take, and does it offer negative balance protection?
Withdrawal timing depends on the method: some e-wallet routes are usually processed within one working day, bank wires can take two to seven working days, and card withdrawals can take up to eight working days. Full KYC verification is required for payouts. Retail clients have negative balance protection, subject to the policy's conditions.