Tickmill $30 bonus review
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Huge forex bonuses
Tickmill review
Tickmill is forex broker. Tickmill offers the MT4 and MT4 webtrader trading currency platforms. Tickmill.Com offers over 60 currency pairs, gold, sliver, bonds and cfds for your personal investment and trading options.
Broker details
| established: | 2015 |
| address: | 3, F28-F29 eden plaza, eden island, mahe, seychelles |
| contact: | support@tickmill.Com, +852 5808 2921 |
| regional offices: | |
| regulators: | cysec #278/15, FSA-S #SD 008, FCA #717270 |
| prohibited countries: |
| deposit methods: | bank wire, VISA, mastercard, fasapay, globe pay, local bank transfers, neteller, ngan luong, qiwi, skrill, sticpay, unionpay |
| withdrawal methods: | bank wire, VISA, mastercard, fasapay, globe pay, local bank transfers, neteller, ngan luong, qiwi, skrill, sticpay, unionpay |
Live discussion
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Tickmill.Com profile provided by tickmill, nov 10, 2016
Tickmill is an award-winning global ECN broker, authorized and regulated by the FCA of the united kingdom and the FSA of seychelles. Tickmill offers its retail and institutional clients various trading services with a prime focus on forex, stock indices, commodities, cfds and precious metals. The company has distinguished itself among global ECN forex brokers by providing excellent services with low spreads, some of the industry’s lowest ECN commissions and ultra-fast execution with the state-of-the-art london trading servers located at equinix LD4 data center. Our team members have trading experience that goes back to 1989 and we have successfully traded all major financial markets from asia to north america.
In june 2016, tickmill recorded a monthly trading volume of $49.1 billion, followed by a record-high trading volume of $51.7 billion in july, which makes it one of the largest retail forex brokers in the world.
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Let other traders know if this service is worth checking or should be avoided.
Traders reviews
Length of use: over 1 year
I have been with tickmill over 5 years and they are my experience with them is excellent.
They provide direct market trading with minimal commission and almost no slippage.
Deposits and withdrawals are fast if using skrill or neteller even faster.
They do have a client outreach and communicate with you occasionally on promotions or events they hold.
I have had no qualms' with them at all.
Commendable and one of the best. Keep up the good work.
Length of use: over 1 year
Tickmill threatens with legal action against me because I expose truth on social media how they refuse to pay me my funds, $35 966! Funds are not paid for more then 6 months already, and they now even threaten with legal action against me. I fight this SCAM company hard with regulators and I am going also to bring my case on court. This unjustice and fraudulent behavior must be stopped!
I strongly advise everyone to stay away from tickmill. This is SCAM company and I kindly ask forexpeacearmy to mark this company with SCAM label and their ratings erased to 0.
Aug 17, 2020 - 1 star this is SCAM company and it should be put where it belongs, to SCAM brokers. Their ratings erased.
Their price at the moment is on 24.10 $. Also straight forward crippled price action. While at same time december futures 2020 contract price which they claim they follow is on 43.22 $ with very much visible dips during upside movement. Something which we do not see in tickmill's price action!
For situation to be even worse, they charge insane swap for long positions of more then 14 points! Total SCAM! This must be punished!
Tickmill continues their fraudulent activity by offering imaginary, fake, and wrong spot WTI price. Price which has nothing to do with reality, or with any futures contract price. Random number they transmit.
I am in close contact with FSA regulator which works on my case, and hopefully this week there will be some real progress regarding my case, and my funds paid in full.
Tickmill must pay me funds they owe me, $35 966 must be paid to my trading account # 3033967.
For more information about my case, you can follow it here: scam - scam alerts - tickmill SCAM! Offers invalid WTI price in close only mode, wrong price execution for all bigger trades.
May 11, 2020 - 1 star I am going to describe 2 problems I ran into with tickmill. My trading account # 3033967.
First and main problem is fake and imaginary WTI CFD price they offer in the moment. Their price currently is at 9.64$ for barrel, while true WTI CFD price is 26$ for barrel, it can be checked with any other broker, or simply by looking at CME futures prices for WTI, all contracts are above 25$ for barrel. Tickmill have applied close only mode on WTI, and since I have 3 long positions I am not able to close my positions with significant profit of 26 000$, and trader can not open new long positions on that absurd, fake, low price they offer because it is only close only mode applied. I would have no problems with their close only mode if they offer true WTI CFD price, instrument I was trading with. Their excuse is that they follow movement of december 2020 futures price, which is also invalid since price for december futures is over 30$ for barrel, and also price movement is completely different. They refuse to pay my winnings after weeks of annoying conversations and invalid arguments they try to provide. I am experienced trader who has account with over 10 brokers, and what they say is completely absurd and not acceptable! Difference in their price from true price is almost 300%, no LP can justify that. There is only one true WTI CFD price and it is between 26$ and 27$ for barrel at the moment I am writing this review.
Second problem I encountered with wrong price execution for trades bigger then 1 lot size. This applies for all FX pairs and metals. Order is executed on price NOT SHOWN in MT4, but on price worse for client by 1-2 points. This happens every time, for manually opened positions and pending positions. They stole from me on over 500 trades these 1-2 point. It is not slippage, it is wrong price execution! I brought this issue also to them, and gave them chance to refund what they were stealing from me for years, but they refused with no true explanation provided, only fake arguments which has nothing to do with reality. Experienced trader like me can not be fooled or tricked like that.
I am going to continue to fight with them with these two problems and claim my funds via court if necessary if they continue to refuse to pay what they owe me.
Everyone can feel free to contact me directly here on FPA if further details about tickmill are wanted.
Reply by tickmill submitted may 15, 2020 hi deltoid88,
We have provided all necessary clarifications and have assisted with detailed explanation in regards to your trades.
If you have any additional concerns, you can reach out to our support team.
Review of tickmill
Tickmill review
In our tickmill review, we cover tickmill bonus, mt4, ttickmill forex, deposit & withdrawal, and tickmill account types. Compare it to other forex brokers before deciding if tickmill has the features you are looking for in a forex broker and give your rating after reading the full reviews. Tickmill broker is a well-known and popular online broker in the currency and CFD markets, which offers competitive differentials in a wide range of assets in global markets. Tickmill was founded in 2007. Tickmill, located in sydney, australia, owns and operates it.
Tickmill bonus offers a cost-effective online trading solution suitable for almost any type of trader when factored with all their great features.
The company's headquarters are located at 6 309 kent street, sydney, NSW 2000. This is mainly because IC markets is trying to close the gap between traders and large institutional investors. Our tickmill review shows they offer investment solutions that were once provided only by investment banks.
They also offer the highest leverage available in australia, low margins and rates, an excellent education center, and much more.
Tickmill MT4
Our tickmill review revealed the following details in terms of platforms you can use. They offer you the globally recognized and accepted MT4 platforms that are available in windows, mac, and webtrader. The features you will get with a platform like this one includes access to:
- Cfds on indices, forex, commodities, and bonds.
- You can execute orders with no partial fills and have more liquidity depth
- EA trading facilities are available using the VPS service
- Advanced technical analysis is available with 50+ indicators and customizable charts in 39 languages.
There is not a lot that is left to be desired when they have the MT4 platform available for you to use. The MT4 mobile app provides as a tickmill bonus feature will give you access to the following things:
- A view of the real-time quotes
- Access to asset classes
- Technical trading indicators
- Trading directly from the chart
You will also have access to autochartist, a plugin for mt4 on windows only that detects key chart patterns and price analysis patterns and other offers.
Tickmill demo
Just like all reputable brokers, our tickmill review shows the broker has provisions for new traders. When you are new in the market, you will need to acclimate to the latest technology that you use when trading.
The demo account tickmill broker providers are what will show you what is available and what you can do with it as a trader. There is a lot to learn, and you will need to know all the details before you get started with live trading.
Ticmill broker
As a broker, our tickmill review shows that they are well-regulated, have no scandals, or other issues, and will serve you well. Any of the payments you make to tickmill accounts are held in a segregated bank account.
To add more security to this as a tickmill bonus feature, they use tier-1 banks. As you may have gathered, the tier-1 banks are on the official measure of a bank’s financial health and strength. This will ensure that the tickmill bonus feature works as a measure to safeguard your money.
Using tickmill forex, you can trade over 60+ currency pairs. At the moment, there are no tickmill bonus offers or promotions because the EU regulations and other regulators forbid them. However, a tickmill bonus you can get is a trader of the month promo, a $30 welcome bonus, and a few other things.
Tickmill account types
Three core accounts are offered, as shown in our tickmill review. They include a pro account, a classic account, and a VIP account. They all have different minimum balances, maximum leverage, and spreads/commissions.
It all depends on which regulator you opened your account. The details are available here: https://www.Tickmill.Com/trading/accounts-overview.
Tickmill customer service
One of the things in which tickmill stands out is at the level of customer service. Because tickmill is an international online broker, we provide our clients with multilingual assistance 24 hours a day, five days a week.
Tickmill is a secure system that protects your data via encryption. Also, they have many years of experience in the online trade industry. They offer competitive services and provide a wide range of sophisticated commercial platforms.
You can open an account at tickmill by completing the application form via the tickmill website, providing personal details, and topping up a minimum of USD 200 mind.
Tickmill details overview
No deposit bonus, withdraw profits – tickmill
Make your perfect risk-free start with $30 forex no-deposit welcome bonus presented by tickmill. Feel the superior execution quality and the perfect trading environment with no-deposit bonus where no investment involves trading live forex. Besides, withdraw all profit earned traded by non-deposit welcome bonus, with a single condition given below. Each client can open only one account for this welcome no-deposit promotion.
€£$ TICKMILL 30 forex no-deposit welcome bonus
Joining link: get-bonus
Ending date: december 31, 2021
Offer is applicable: new traders with a live account
How to apply:
- Register a client account
- Make a live account under client profile
- Bonus is added after complete the registration.`
Cash out: only profits can be withdrawn as below
- Verify the profile by uploading the required documents.
- Trade 5 lots to withdraw all profits.
- At least a 100 deposit must be made to another live trading account.
Terms – tickmill NO deposit bonus
The bonus is not available for the client of algeria, armenia, australia, azerbaijan, belarus, bulgaria, georgia, hong kong, iceland, israel, kazakhstan, liechtenstein, macau, moldova, morocco, norway, state of palestine, switzerland, taiwan, tunisia, yemen, north korea, iran, USA, indonesia, venezuela, vietnam, lesotho, pakistan, bangladesh, ghana, egypt, russia, ukraine, uzbekistan, kyrgyzstan, tajikistan, turkmenistan and kenya.
Bonus need to claim within 14 business days from the date of registration.
This forex bonus is available to one per client.
Tickmill broker review
Reviewer : justin freeman
Published: 23rd december, 2020.
Broker information
- Company name: tickmill ltd
- Founded: 2014
- Country: seychelles
- Phone: +442036086100
Platform info
- Platform: metatrader 4, webtrader
- Dealing desk: no
- Web based: yes
- Mobile trading: yes
Broker services
- Regulators: FCA, cysec, FSA SC
- Bonus: $30 welcome account
- Minimum deposit: $100
- Leverage: 1:500
- US clients: no
- Funding methods: bank transfer, visa, mastercard, skrill, neteller, fasapay, unionpay, dotpay, nganluong.Vn, qiwi wallet, thai online bank transfer, globepay, vietnam instant online bank transfer, paysafe
- Pairs offered: 62+
Open free
demo account
Bonus offer for forexfraud visitors
Expert’s viewpoint
This review of the broker tickmill reaffirms its position as a top-quality platform, built by traders, for traders. This approach results in a trading experience that just has to be tried out – a fact confirmed by the firm’s continued growth and increasing popularity with traders.
A record number of new clients have taken the decision to sign up to the platform. It now has more than 350,000 registered accounts. It also keeps adding to its impressive collection of industry awards.
The ‘best trading experience’ award from forex brokers in 2020 is just one example of how tickmill continues to get things right.
A quick scan of online feedback from the trading community also gives a glimpse of the strength of tickmill’s fan base. The firm has built a reputation for providing traders with all the tools they need to be successful.
This is backed up by review site trustpilot recording that 82% of reviews mark tickmill as ‘excellent’ or ‘good’.
The forex fraud tickmill review team found the broker to be ‘safe to use’. The tickmill experience is all about great trading, but behind the scenes, the firm has also gained a reputation for being trustworthy. Tickmill complies with regulations to a degree that is well above market average, and it’s a profitable and viable company.
Free demo account
The tickmill trading experience
The tickmill trading platform is set up to provide reliable, low-cost, super-fast trading, in all the popular markets. There are a lot of behind-the-scenes features that go to make tickmill trustworthy, but trying out the actual trading platform using a tickmill demo account (by clicking here) is a hands-on way to find out what a great platform feels like.
The range of extra tickmill support services complements, rather than overwhelms, the trading experience.
Research and learning materials are set at beginner, intermediate and advanced levels. Some are tailored to explaining the basics and preparing clients for trading. When you are ready to enter into the markets, there is a collection of up-to-date research notes that focus on identifying trade entry and exit points.
It takes a few seconds to sign up to a tickmill demo account, and doing so is highly recommended. Whether you’re looking for a new, safe broker or trying trading for the first time, using a tickmill demo offers a risk-free opportunity to see just how good the trading experience can be.
$30 welcome bonus
Broker summary
The tickmill group of companies owns and operates tickmill.Com, a multi-asset, multi-regulated CFD broker. The group’s companies include tickmill UK ltd, tickmill europe ltd, and tickmill ltd. One other subsidiary is the 100%-owned procard global ltd, a UK-registered firm.
Tickmill currently operates in more than 200 countries, and has more than 350,000 registered customers and 150 employees. Reports show that it has executed more than 273m trades and records average monthly trading volume well above $123bn.
There is a focus on quality as well as quantity. With the average trade execution speed at 0.2 seconds, lots of trading tools and a variety of educational materials, the award-winning ECN broker meets most of the requirements of traders, beginners and professionals alike.
Broker introduction
The best way to find out more and explore the reasons for the firm’s popularity is to try out a risk-free tickmill demo account.
Once you have completed the brief registration process, you will be able to use your tickmill sign in at any time. The only requirement is that you supply your email address and phone number, and then you are ready to step into the markets and develop your trading skills.
You can set your balance of virtual funds and leverage terms at a level that suits you. Although you will be ‘paper trading’, you will benefit from all the high-tech mechanisms of the actual tickmill MT4 platform.
Spreads & leverage
Making a consistent profit from the markets isn’t easy. Part of the recipe for success is setting up with a broker that helps you tilt the balance in your favour. One way to improve your trading bottom line is by selecting a platform that offers low-cost access to the markets.
Tickmill fees are low. Bid-offer spreads start from as low as 0.0 pips, and there are also near-zero commissions. Numbers such as these are just hard to beat, and tickmill unsurprising scores highly in this category.
If you’re looking to take advantage of such welcoming T&cs, it’s also possible to apply leverage to your trading. This isn’t for everyone as it comes with additional risks. Tickmill account types score additional bonus points by allowing clients to choose their own leverage terms instead of setting them at a riskier default position.
In line with standard practice, the maximum tickmill leverage terms on offer to clients will be determined by the regulatory body of the country in which you live. UK and EU clients will find leverage capped at 1:30, which is still a considerable level, but some in other domiciles might be able to scale up to 1:500.
Platform & tools
The tickmill MT4 platform gives access to the most popular retail forex platform in the world. It’s been used by millions of traders for many years and is very much the benchmark by which other platforms are measured.
It is available in desktop, web trader and app format for android and ios mobile devices. MT4 is the gold standard in online trading. It is a fully customisable trading environment that provides traders with the tools to create their own technical indicators, custom scripts and expert advisors (eas).
Whichever approach you take, you will have access to analytical tools and trade indicators that are considered to be among the best in the industry. To add a cherry on top of the cake, tickmill clients also gain access to the myfxbook copy trading platform and autochartist.
Hedging and scalping strategies are allowed, which demonstrates that the platform is based on a high-quality IT infrastructure. The operator allows the use of all eas and trading algos – this is the green light for expert users of MT4, who can take full advantage of the power of the best trading platform in the world.
Despite its relative youth, tickmill has already picked up a number of prestigious forex awards. In 2016, it won the ‘most trusted forex broker’ at the best ECN/STP broker awards. That trend continues, and the broker won the ‘best trading award’ at the forex broker awards in 2020.
Commissions & fees
The brokerage offers a free-to-use, risk-free demo account, which gives traders a taste of what’s on offer. The demo account offers full access to MT4, as well as to the full array of tradable assets, not to mention real-life volatility and prices.
There are five varieties of live account. Each is accessed through the same tickmill login portal but offers different T&cs.
- Classic account – this is the most accessible account. It is an entry-level account aimed at those looking to get into the game cheaply, and without having to pay commissions. The tickmill minimum deposit for this account is 100 base currency (EUR, USD, GBP and PLN are all accepted). The maximum available leverage is 1:500 and the spreads start from 1.6 pips. Trade execution is of the NDD variety.
- Pro account – this is quite an improvement in regard to spreads. While it does feature a commission of 2 per side per lot, its spreads start from 0 pips. The maximum available leverage is 1:500 on this account.
- VIP account – the minimum balance for this account is 50,000 base currency, which means that this option is not for everyone. The spreads start from 0 pips on this account and the maximum available leverage is 1:500. Commissions are ultra-low and start from just 1 per side, per lot.
- Professional clients – there are improved T&cs for those putting through high trading volumes. Criteria to qualify include a minimum portfolio size of EUR 500,000; trading volume of at least 10 trades per quarter, over the previous four quarters; and you are required to have worked in the financial sector for at least a year, in a relevant position.
- Islamic account – this is a swap-free option that is fully sharia law-compliant. Those who want to set up such an account have to open a regular account, as described above, after which they have to request the conversion of this account into an islamic one.
Trading conditions offered by the islamic account are the same as those available through the above-mentioned regular accounts.
The required margin for hedging positions on the classic, pro and VIP accounts is 0. Scalping is allowed and there are no time limitations for keeping the positions open.
There are three base currencies to choose from and negative balance protection rules apply. Deposits can be made through an impressive range of accepted methods, such as bank wire, visa, mastercard, neteller, skrill, fasapay, paysafecard, qiwi, unionpay, dotpay and globepay.
There are no commissions charged on most deposits and withdrawals. One exception is bank wire, where charges are applied to small transactions but can be avoided if you make a deposit larger than US$5,000.
Education
Tickmill offers a great range of materials to help traders build up their knowledge and therefore trade safely. There are webinars, tutorials, seminars, ebooks, infographics, glossaries, articles and insights.
There are also dedicated sections to technical and fundamental analysis. All of this ‘how-to’-style material is backed up by other services, such as autochartist, which helps identify actual trading opportunities.
Customer service
Tickmill support is available during business hours, monday to friday. This coverage is not as extensive as it could be, but our review team found the staff to be professional, informed and client-focused.
Final thoughts
Asset prices go up and asset prices go down. No matter how experienced a trader you are, ‘market risk’ is unavoidable.
The important thing is that traders exploit those things that they can control, and broker selection is high up on that list.
Choosing a safe, reliable broker that is well regulated and has been operating for many years is a good first step. Tickmill is firmly in that category, and also offers a lot of other neat and innovative features. It even intermittently offers a $30 bonus scheme to help novice traders try trading with real funds, but in small size, and that are given to them by the broker.
As the regulatory framework that tickmill has put in place is well above average, it’s worth concluding this review with confirmation that the behind-the-scenes infrastructure makes it a safe and reliable broker.
The online broker sector is a competitive one and tickmill stands out for giving traders everything they need, and nothing they don’t.
Broker details
The tickmill group of companies owns and operates tickmill.Com, a multi-asset, multi-regulated CFD broker. The group companies include tickmill UK ltd, regulated by the financial conduct authority (FCA); tickmill europe ltd, regulated by the cyprus securities and exchange commission (cysec); and tickmill ltd, regulated by the seychelles financial services authority (FSA).
Coming under the legislative framework of mifid II, the broker is authorised to provide services across countries in the european economic area (EEA) and beyond. If you are a retail client residing in europe or the UK, you automatically come under the protection of the investor compensation fund (ICF) or the financial services compensation scheme (FSCS).
Open your tickmill account
How can I open a demo account with tickmill?
Demo accounts, in desktop and mobile app format, are free to use and downloadable here.
Is tickmill a regulated broker?
Yes. As tickmill is a global broker, the regulatory protection that applies to clients will depend on where they live. Regulators that tickmill are authorised by include the financial conduct authority (FCA), the cyprus securities and exchange commission (cysec), the seychelles financial services authority (FSA) and the labuan financial services authority (labuan FSA).
What bonus terms does tickmill offer?
These change from time to time, but one offer that regularly pops up is the $30 welcome account, where the broker credits your account with $30 and lets you keep any profits.
How do I withdraw money from tickmill?
To comply with regulations, tickmill requests clients to return funds to the account that made the initial deposit. The good news is that unlike a lot of other brokers, tickmill does not apply charges on these transactions.
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
About the author : justin freeman
Justin has twenty-two years' of experience working in the financial markets with brokers. He's held trading and risk management positions at boutique asset managers and large investment banks. Justin helps people understand their trading options in a clear, jargon-free manner.
Tickmill $30 bonus review
| Website | https://tickmill.Com/ |
| live chat | YES |
| telephone | +852 5808 2921 |
| broker type | non deal desk (NDD) |
| regulations | FCA and FSA |
| min deposit | $100.00 |
| account base currency | USD, EUR, GBP, PNL |
| max leverage | 500:1 |
| trading platforms | metatrader 4, webtrader |
| markets | forex, index CFD trading, precious metals, energy, cryptocurrencies, bonds |
| bonus offered | $30.00 welcome bonus |
| funding options | credit / debit card, china union pay, bank transfer, dotpay, skrill, neteller, fasa pay |
Tickmill review 2021
Overview
This UK-based FCA and FSA-regulated brokerage firm based in the republic of seychelles offers trading to institutions and retail clients globally. Its forex business offers gold and silver as well as 62 currency pairs (including cryptocurrency) for trading. The broker have a lower minimum deposit compared to some of the other brokers on this list. It is a great broker firm for beginners to try their hand.
Accounts
Tickmill offers various types of accounts for various trader profiles. Commission-free classic accounts for beginners, pro accounts, VIP accounts for those who trade a lot and want special service, and islamic accounts. Traders will be thrilled to find the demo account offers metatrader 4 for testing, and includes real-time prices and volatility.
Minimum deposit
$100 in classic and pro accounts, 50,000 minimum balance in VIP accounts.
Maximum leverage
Features
Tickmill offers two platforms to trade on. Metatrader 4 is the main platform. For those who want to trade quickly through their browsers without downloading any software, there is the web trader.
Tickmill also offers a variety of tools including forex margin and currency calculators, autochartist for technical analysis, forex calendar, and myfxbook autotrade. The tickmill VPS keeps the MT4 eas and signals running when the customer is offline. One-click trading option enables quicker real-time trading.
Promotions like the introducing broker service allows traders to earn commissions on reference. A multi account manager is also available.
Educa tion
Webinars and video tutorials are available.
Deposits/withdrawals
Several funding options are available to customers, and withdrawals are processed within one working day.
Customer service
24/7 via online chat or email, and support lines on weekdays.
Tickmill 30$ welcome bonus (no deposit required)
Tickmill, authorized by the FSA and FCA, is offering an opportunity to all its new clients to open a welcome trading account and receive a $30 free welcome bonus for trading. The traders can use the bonus and earn up to $100 profits!
The newly registered clients are required to open a welcome account at the tickmill broker to apply for this promotion. The bonus can be used for three months (non-withdrawable) after which the account can only be accessed for 30 days to claim the profits.
The newly registered clients are required to open a welcome account at the tickmill broker to apply for this promotion. The bonus can be used for three months (non-withdrawable) after which the account can only be accessed for 30 days to claim the profits.
The clients must meet all the required conditions such as registration (providing personal documents), opening a live MT4 trading account, and making a $100 deposit (can be withdrawn with no limitation) to withdraw the profits. Then, they should notify the tickmill support department via an email. Afterward, both the deposit and profits can be withdrawn.
How to get the tickmill $30 no deposit bonus:
the new customers should go to the tickmill official website and register for a welcome account. Afterward, the bonus will be automatically transferred to the accounts. It can be used for trading and turning into profits.
Certain conditions:
this bonus is offered once per client.
The profits can be withdrawn only once (min $30, max $100).
The terms & conditions of this bonus are similar to those of live pro account.
The leverage can be adjusted according to your needs.
The bonus amount cannot be transferred or withdrawn.
Tickmill $30 bonus review
Tickmill welcome you to try forex services and open the world of trading without risks and any initial deposit. With a $30 welcome bonus, you can feel quality of trading platform and try your hand on trading environment without any possible financial losses. Trade live forex without funds involved. After trading all earned profits are yours and you can cash out easily. When you receive a bonus, it will be instantly credited to your account and available for live trading. You can open only one welcome account to apply this no-deposit promotion.
- Offer link:30 forex no-deposit welcome bonus
- Dates: all year 2021
- Clients available to: all, besides existing clients
- How to get:
Register on a welcome account
upload needed documents to verify it
bonus will be added on your account
Reviews
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Risk disclosure:forex, futures and options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. This website is neither a solicitation nor an offer to buy or sell currencies, futures, or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Website owners and affiliates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.
Tickmill review 2020
Tickmill is a NDD (no dealing desk) forex and CFD broker. They are regulated with top-tier regulators i.E. FCA (UK) & cysec. They offer demo account and live account with minimum deposit of $100. Read our tickmill review to find if they are good for south african traders.
Tickmill is a UK based forex & CFD broker established in 2014. Tickmill ltd. Is regulated with FSA in seychelles, as tckmill UK ltd. With FCA in UK, and with cysec in cyprus.
Tickmill is a no dealing desk (NDD) broker, which means that all orders will be passed to their third party liquidity providers. This means that tickmill have no conflict of interest with their traders.
They offer metatrader 4 as trading platform to their clients, but they don’t offer the latest MT5 platform. Moreover tickmill offers 24/5 support via email, chat, international phone support.
Read our indepth review on tickmill to know more about them before choosing them. We have compared their fees, support, platforms & more.
- South african clients can open trading account with tickmill with minimum deposit of $100.
- Tickmill is a NDD broker so there is no conflict of interest with their clients.
- Competitive spread of 1.6 pips on average for EUR/USD with their classic account. The spread is even lower with their pro account (but includes commissions per lot).
- No deposit and withdrawal charges.
- Large trading instruments including currencies & cfds.
- Tickmill is not regulated with FSCA. But they have applied with FSCA (FSP no. 49464) since 20/04/2018 & their application status is currently “processing”.
- No local phone number for support.
- Tickmill does not offer the latest metatrader5 version.
Tickmill – a quick look
| broker name | tickmill ltd |
| year founded | 2014 |
| website | www.Tickmill.Com |
| registered address | 3, F28-F29 eden plaza, eden island, mahe, seychelles |
| tickmill minimum deposit | $100 |
| maximum leverage | 1:500 |
| major regulations | bafin, cysec, FCA. |
| Trading instruments | currencies, cfds on commodities, stock indices, bonds |
| trading platforms | MT4 (metatrader4), webtrader |
Regulation and safety of funds
We consider tickmill to be a safe forex broker for south africans based on their regulation with tier 1 regulator FCA. But they are not yet regulated with local regulator FSCA.
Financial conduct authority (FCA): tickmill is registered as ‘tickmill UK LTD’ with financial conduct authority since 29/07/2016 under reference number 717270.
Cyprus securities exchange (cysec): tickmill europe ltd is registered with cyprus securities exchange under licence number 278/15 since 2015.
Financial service provider/FSCA (pending): tickmill is not regulated with FSCA currently. But we have checked & they have an application under processing status. Tickmill south africa (PTY) LTD had applied for FSCA regulation on 20-april-2018 (FSP no. 49464).
Note: south african traders that sign up on tickmill are registered under FSA seychelles regulator.
Tickmill fees and spread
Tickmill’s fees depends on your account type with them. We have researched & following is a breakdown of their trading & non-trading fees with all their account types.
Average spread: tickmill offers floating spread with all their 3 trading accounts (classic, pro & VIP). Their spread starts from 0.0 pip on pro and VIP accounts, and from 1.6 pips on average for EUR/USD with classic account. The classic account does not have any other fees besides their spread, but the pro & VIP accounts have commissions per trade.
Tickmill account types
Tickmill demo account
Demo account is also provided by the tickmill to help beginner to practice and learn forex trading.
You can signup with them on their website and start testing your trading strategies using the demo account. Once experienced, you can swap anytime to live account.
In demo account MT4 trading platform is offered by them. You can download it on your PC and laptop and start your trading in just one click.
Tickmill live accounts
- Market execution: tickmill is the NDD (no dealing desk) forex broker so they offer direct market execution. Tickmill claims that it doesn’t have any requotes.
- Account base currency: tickmill does not offer ZAR accounts. But you can choose USD, EUR or GBP as your base currency.
- Classic account: classic account start with minimum deposit of $100 and with the maximum leverage of 1:500. Spread start from 1.6 pips in this account. There is no commission in this account and swap-free islamic account option is also available.
- Pro account: spread in pro account start from 0.0 pips. The base currency of this account can be select from USD, EUR, GBP, PLN. Market execution offered in this account and average execution speed is 0.15 seconds. This account is the most popular and recommended account types as per the broker.
- VIP account: this VIP account start with minimum balance of 50,000 units of your selected account currency i.E. $50,000 if your account currency is USD. You can choose and select any of the base currency from USD, EUR, GBP, PLN in this account. You can trade 62 currency pairs, cfds on 15 stock indices, precious metals, bonds in vip account with spread of 0.0 pips.
How to open account with tickmill
Step 1) click on create account: open the home page of the tickmill and click on create account link at the top of the page.
Step 2) client area registration 1/2: now you will be redirected to page where you need to enter your personal details and choose your regulator as shown in the below screenshot.
Step 3) client area registration 2/2: after filling your personal details, you need to fill your financial details and set a password for your account with them.
Step 4) validate your e-mail address: now you need to verify your email by clicking on the link sent to them on your mentioned email.
Step 5) complete account verification: at last you need to verify your account by submitting your ID proofs. You can upload the scanned copy of your ID proof like passport, driving licence etc. And address proof like post paid phone bill, electricity bill etc.
That all! Your account has been created now. You can check your email to check all the details to start trading with them.
Tickmill trading platforms
- Metatrader 4 (MT4): you can download the MT4 trading platform and install it on your PC, android and ios mobile. You can start using their demo account with MT4 trading platform. Traders can see charts with multiple time frame in there MT4. Moreover various indicators and can monitor various trading process is available in MT4.
- Web trader: if you don’t want to download it in your device then you can access it online using the login details provided to you by them. This platform will give access you to do your task using a browser and just a internet connection.
Tickmill deposit & withdrawals methods
Tickmill offers various deposit & withdrawal methods. Let’s first look into their deposit methods.
Deposit methods
- Credit/debit cards: you can use your debit and credit cards offered by VISA and master card. The payment will be processed within working day made using this method.
- Bank transfer: traders can also add the funds using the transfer from their bank account to tickmill bank account. You can contact them and informed them after payment has been made.
- E-wallets: you can also transfer the funds using the E-wallets like skrill, neteller, paysafecard, fasapay, china unionpay. The processing time is 1 working day.
Withdrawal methods
- Credit/debit cards: you can send your card details while requesting for the withdrawal. And this can take 1 working day.
- Bank transfer: traders can also send their bank account details to them by contacting them on chat, email, etc.
- E-wallets: you can also send your E-wallets details like skrill, neteller, paysafecard, fasapay, china unionpay. The processing time is 1 working day.
Tickmill bonus
Tickmill has a no deposit bonus offer for new traders, and it is available in south africa as well.
$30 welcome account: tickmill is currently offering $30 welcome bonus to its new clients.
To avail this bonus, you just need to create an account with them, and submit your KYC documents for verification. The bonus amount will automatically credited to your account once your account has been verified.
You can use this welcome bonus for your trading. And the profit earned from trading using this deposit can be withdrawn.
Tickmill customer support
We found tickmill’s support to be lacking in some parts. We tested their chat support & email support. For both chat & email, we asked them basic questions, below is a review our overall experience with their support.
Slow chat support: we tested tickmill’s chat support by contacting them 3 times with different queries, and there was few minutes of hold time before connecting with a real agent. Once you are connected, their chat representatives are quick in answering questions. They are available from monday to friday within 09:00-22:00 (GMT+2h).
Do we recommend tickmill?
Tickmill is not a bad broker.
On the good side, they are a 100% NDD broker that is regulated with FCA. Their overall trading fees is competitive with some accounts. Also, they do not charge any deposit and withdraw fee, which is good.
But they don’t only offer MT4 platform for now. Also, their instruments other than forex are very limited. Their support also is not the best out there.
Overall, there are better forex brokers for south african traders to choose from.
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A comprehensive tickmill review – is this broker trustworthy?
Minimum deposit
Bonus
Maximum leverage
Year founded
Regulation
Trading platform
When setting out to start trading forex, stocks, or other tradable assets, one of the first things every trader should think about is a broker. The internet is full of scam brokerages that you absolutely need to stay away from, however, given how skilled they are at tricking potential customers, it may not be as easy to spot hidden flaws under their platform.
But it doesn’t mean that you have no means of distinguishing legitimate brokers from fraudulent ones. It just takes a little effort and research into the broker’s offerings to assess their credibility and make the right decision.
On forex trading bonus, we’re trying to make the broker selection process a little bit easier by offering our comprehensive reviews about them. And today, we’ll do the same for the tickmill forex broker.
In order to determine whether tickmill is a trustworthy broker or a scam, we will take a look at its website and software support, then move to the licensing, and finish off by talking about the actual trading conditions. So, let’s get started.
Initial overview
Tickmill is a forex broker established in 2015 in seychelles. The broker brings together a team of professional traders whose experience in this field has started off back in the 80s, therefore, the new clients of tickmill are already in good hands.
While the main focus of tickmil forex broker can be gathered from what we’ve just said – forex trading, the broker also offers many other instruments to its traders: stocks, indices, commodities, and bonds. But before we delve deeper into these instruments and what the actual conditions on them are, let’s do a brief overview of everything we’ll talk about in this article.
A brief tickmill.Com review
When you go to tickmill’s website, the first thing you’re going to notice is how slender and simplistic the interface looks. One image here or there, several visual effects, and very decent font make up a visual that is hardly ever distracting the visitor from getting the information.
And information is certainly there. We have seen websites with decent thematic separation but what we saw on tickmill was something else: the broker has divided the website into the sections that answer all the questions effortlessly. For instance, want to know the conditions for spreads? Go to the spreads & swaps section and find out everything about it.
This level of simplicity is definitely an advantage that we will take into account when making a final tickmill rating.
We were also pretty pleased when we came across 5 different account types on the website. All of them are designed for specific users and make trading a once-in-a-lifetime experience for them.
As for trading platforms, tickmill definitely doesn’t invent a bicycle here: it uses metatrader 4 and webtrader for all the trading executions. And to be fair, it doesn’t need to be original because these pieces of software have proven to be the most effective and efficient in this industry.
The license
Next up, we will take a look at the broker’s licensing material. This is the part that actually reveals a lot about the broker’s code of conduct and its legitimacy issues.
So, the very first line that you read when entering the website is this: “authorised and regulated: FSA SC, FCA UK, cysec.” this means that the broker has regulatory obligations to three separate countries and their financial institutions.
And actually going through these institutions can reveal a lot. For instance, when seeing that one of the main regulators of tickmill is the UK’s financial conduct authority, all the tickmill scam suspicions or suggestions are instantly dissipated for us. There’s just no way of being a scam and having this level of regulatory oversight monitoring your activities.
We will talk about this section more further down below.
Actual tickmill promotions
At last, we’ll discuss every important trading condition available on tickmill. We’ll start with the leverage and spreads. On the broker’s website, we can see that the maximum leverage ratio that the traders can use is 1:500, which is definitely a lucrative offering.
As for spreads, the broker offers two different levels of bid-ask price differences on forex pairs: 1.6 pips for classic account and 0 pips for pro and VIP accounts. Both conditions are pretty decent, although, as you can imagine, the 0-pip offering is far more attractive.
As for the tickmill bonus, the broker offers multiple promotions to its clients, ranging from the $30 welcome account, trader of the month, and many more. These bonuses give additional trading funds to the lucky winners who also can withdraw the bonus money to their personal account.
Finally, we’ll take a look at the minimum deposit requirement, as well as how you can make that deposit, as well as withdrawal. On tickmill, the minimum amount you need to deposit in order to set up a classic account is $100. As for financial platforms, the broker supports bank wire, credit/debit cards, as well as many e-wallets like neteller, skrill, etc.
In short, we think that tickmill is a trustworthy brokerage that offers quite impressive trading conditions to its clients. Now, let’s review each of the above-mentioned points more closely.
What’s the software experience like on tickmill?
As per usual, we’ll begin with the website. As we noted earlier, the visual side of the website is pretty spot-on: it’s not overburdened with unnecessary imagery or transition effects; everything is used moderately and adequately. What this achieves is it makes the navigation through the website much easier.
When it comes to finding the actual information on this website, it’s safe to say that all you need is one mouse click to go where you want. The website is separated into six different sections: trading, platforms, clients tools, promotions, partnerships, and about us. Within those sections, you can find anything about the broker’s regulatory measures, trading numbers, platforms, and payment methods.
As for the account types, there are five different packages that fulfill the demand coming from every type of trader: there are three live accounts (classic, pro, and VIP), one islamic, and one demo account. And all of them are special in their own way; some have lower spreads but higher minimum deposit requirements, some come with no swaps, etc. All in all, these accounts are perfect for specific users.
The last point of this section is trading software. Instead of going all fancy and offering proprietary trading software, tickmill chose a safer and more trustworthy route and gone with metatrader 4. MT4 is a well-tested and widely-used platform that has proven to be the most effective software across the board. What’s more, the broker also offers the MT4-based webtrader that works on all major web browsers.
Is tickmill legit?
Moving on, let’s talk about how legit the broker is based on its licensing materials. As we have already mentioned earlier, there are three separate regulatory pieces that monitor and even direct the broker’s financial activities, and all of them are pretty significant.
These licenses include: FSA from seychelles, FCA from the UK, and cysec from cyprus. Now, if there only was the FSA license, we would at least acknowledge the legitimacy of the tickmill scam suspicions. That’s because for some traders, seychelles isn’t the country with the biggest political or economic prowess to hold the broker accountable for its actions.
However, when we see the licensing materials from the UK and cyprus, all the suspicions are instantly dissipated. Just take a look at the FCA from the UK. Do you think that any brokerage would engage in fraudulent activity and be forgiven by this institution? We certainly don’t think that.
And then there’s the cysec license as some sort of cherry topping as it’s also a very strong licensing material from within the EU. In short, all three of the licenses make sure that the broker abides by the strictest financial rules.
Trading terms and conditions
Finally, let’s talk about what the actual offerings on tickmill are. As noted earlier, the leverage goes as high as 1:500, which is a very impressive and lucrative offering. With it, traders can increase their initial deposits by x500 times, increasing profits by the same multiplication rate.
As for the spreads, the bid-ask price difference for forex pairs is different on different account but the minimum spread can go as low as 0 pips, meaning there’s no actual price difference and traders can buy the same amount of assets as they sell.
When it comes to the bonuses, tickmill FX brokerage offers at least five different promotions: the trader of the month, tickmill’s NFP machine, $30 welcome account, IB contest, and rebate promotion. All of them offer money prizes to the traders, making the experience on tickmill so much better.
And finally, let’s talk about the minimum deposit requirements and financial platforms backing those deposits. On tickmill, the least amount of money you can deposit to your account is $100. This means that even the beginner traders can fire off their career on tickmill without breaking the bank.
The payment platforms that drive those deposits, as well as withdrawals, are also very attractive: the broker offers both traditional (bank wire, debit/credit cards) and e-wallet platforms (neteller, skrill, fasapay, etc). As for tickmill withdrawals, the same platforms can be used for taking out the money you have earned. And transactions are secured with the SSL protocol, which is the highest security standard in the industry.
Should you trade with tickmill?
So, what is our final tickmill opinion? Should you use its services and platforms to trade forex, stocks, and commodities?
Judging from what we’ve just said in this review, it is safe to say that the broker offers some of the most exciting trading conditions you can find on the market right now. Whether you want to leverage large trading positions with fewer of your own money, shallow spreads, or sophisticated financial mechanisms, you can never go wrong by choosing tickmill.
Besides, the broker has three separate licensing materials that ensure that there’s no tickmill fraud going on. In short, we freely recommend this broker with all its offerings and requirements.
So, let's see, what we have: is tickmill a good forex broker? Read real reviews, by traders, for traders? Add your rating to the largest forex review database by forex peace army? At tickmill $30 bonus review
Contents of the article
- Huge forex bonuses
- Tickmill review
- Broker details
- Live discussion
- Tickmill.Com profile provided by tickmill, nov...
- Video
- Traders reviews
- Review of tickmill
- Tickmill review
- No deposit bonus, withdraw profits – tickmill
- €£$ TICKMILL 30 forex no-deposit welcome bonus
- Tickmill broker review
- Expert’s viewpoint
- The tickmill trading experience
- Broker summary
- Broker introduction
- Spreads & leverage
- Platform & tools
- Commissions & fees
- Education
- Customer service
- Final thoughts
- Broker details
- Tickmill $30 bonus review
- Tickmill review 2021
- Overview
- Accounts
- Minimum deposit
- Maximum leverage
- Features
- Educa tion
- Deposits/withdrawals
- Customer service
- Tickmill 30$ welcome bonus (no deposit required)
- Tickmill $30 bonus review
- Tickmill review 2020
- Tickmill – a quick look
- Regulation and safety of funds
- Tickmill fees and spread
- Tickmill account types
- How to open account with tickmill
- Tickmill trading platforms
- Tickmill deposit & withdrawals methods
- Tickmill bonus
- Tickmill customer support
- Do we recommend tickmill?
- A comprehensive tickmill review – is this broker...
- Initial overview
- What’s the software experience like on tickmill?
- Is tickmill legit?
- Trading terms and conditions
- Should you trade with tickmill?
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