Tickmill – A Review of the Tickmill Forex Broker

Tickmill is a popular broker that allows users to trade on a wide range of financial instruments. The minimum deposit requirement is 100$/EUR, which makes it a good option for newbie traders. The firm allows you to open positions as small as 0.01 lot, so even larger investors can benefit. Tickmill is a well-reputed broker, which follows industry safety standards and offers reliable, easy-to-use trading platforms on desktop, Android, and iOS. This brokerage supports trading on over 40 different currencies, and enables you to access markets worldwide.

The Tickmill brokerage has a team of eleven researchers who provide outstanding coverage of the financial markets. It is a good choice for those who are new to the forex market. However, there are several issues with social trading via Myfxbook, including a large mark-up on spreads and a lack of transparency regarding minimum deposits. There are a variety of other flaws in Tickmill’s service, and it would be better if it emphasized on quality education instead of a number of low-quality features.

Ending Line

Tickmill supports a wide range of payment processors. The minimum deposit is $100, and withdrawals are available in US dollars or Euros. Traders can use arbitrage, hedging, or algorithmic strategies, as long as they are aware of the margin requirements. Tickmill UK Ltd is regulated by the Securities and Exchange Commission of the Seychelles and its funds are kept in an independent bank account. The website also offers a margin calculator to help users understand the amount they need to deposit or withdraw.

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