TickMill is an extremely popular broker in the circles of scalpers, formed in 1998 and operating under a dual jurisdiction (FCA and FSA). This company sets standards in the field of retail Forex for long time and continues to please its customers with professional execution, super-narrow spreads and excellent liquidity from major European exchanges.
Advantages of TickMill
One of the narrowest spreads in the industry
The TickMill broker can rightfully be called the legislator of the extremely low spreads. If the broker FXopen was the first to use ECN-aggregators of liquidity, then TickMill was the first to offer its clients a spread of 0.0 pips.
$30 Welcome Account
TickMill is almost the only forex company in the world that provides each new trader with free trading funds in amount of $30 without having to make a deposit when sending customer trades to the interbank market. The period of use of the bonus is not limited. Moreover, all profit earned with its use is the property of customers.
Dual License — FCA and FSA
Previously, this broker worked only under the FSA jurisdiction (Seychelles), but for today he has already got a regulation of the famous British FCA and has entered a cohort of retail brokers with a high degree of reliability.
Risk-free accounts for storing customer funds
TickMill stores all customer funds on risk-free accounts of European banks, providing his financial services with reliability and timeliness.
Insurance of each account for the amount of 50 000 GBP
According to the requirements of the FCA, deposit of each client is insured in the amount of 50,000 British pounds sterling, which allows not worrying about the fate of their investments and about over-the-counter risks.
Free VPS for customers
TickMill took up the world practice and, like many other companies, provides for its customers free VPS with ping around 1 ms to the trading server. This allows traders to use their trading platforms with expert advisers on a special remote (virtual) desktop without interruption of communication and with a minimum delay in execution of trades.
How to open a TickMill account
The procedure of opening a trading account at TickMill depends on the jurisdiction under which you want to trade.
A trading account under the FSA jurisdiction
If you don’t want to verify your identity during the trade, then it is better to choose the FSA jurisdiction where any trader can replenish the account, trade and withdraw funds (to the system with which it was replenished) without identifying one’s identity. Moreover, it is under the jurisdiction of the FSA that you get the legendary «0.0» spreads!!
Trading account under the FCA jurisdiction
If you want to trade under the jurisdiction of the British regulator FCA, then you need to register with this link. After registering as a client, you need to verify your identity and only after that the broker will give you a right to replenish and withdraw funds. However, spreads at the British TickMill have slightly inferior to its Asian division.
Feedbacks about TickMill and conclusions about the broker
Providing excellent trading conditions, a spread at 0.0, an opportunity to open an account with a minimum deposit (from $25) and even without refill (welcome account $30), TickMill collect the most positive feedbacks. This broker is a real Klondike for beginners and those who switch from manual to automatic trading. This iridescent picture is supplemented by the FCA regulation, which keeps the broker in check and protects its customers from company’s arbitrariness. In addition, recall — FCA makes TickMill to insure deposits up to 50000 GBP each. So your funds at this broker will be under reliable insurance protection!
Open account in TickMill