A comprehensive guide to trading with Tickmill. Here is everything you need to know.
Open Tickmill's Bonus account. Table of Contents
- What is Tickmill?
- Key Features of Tickmill’s Trading Service
- Client Security and Support
- Tickmill's Free VPS
- What is a VPS?
- Benefits of Using Tickmill’s VPS
- How Does It Work?
- Ideal for Algorithmic Traders
- Acuity Trading Tool
- Key Features of the Acuity Trading Tool
- Installation and Use
- Benefits for Traders
- Tickmill Traders Club
- Features of Tickmill Traders Club
- Tier System
- Exclusive Features for Club Members
- Joining the Tickmill Traders Club
- Tickmill Signal Centre
- Features of the Signal Centre Tool
- How to Install the Signal Centre Tool on MT4/MT5
- Earn Interest Income with Tickmill
- Key Features of the Passive Income Promotion
- Additional Information
- Social Trading with Tickmill
- Features of Tickmill Social Trading
- How It Works
- Registration and Management
- Tools and Settings
- Tickmill's Traders of the Month Contest
- NFP Machine (Lottery)
- $30 Welcome Account (No Deposit Bonus)
- Cashback Rebate
- Overview of Tickmill Account Types
- Classic Account Features
- Raw Account Features
- Additional Features and Security Measures
- Tickmill's MT5 Trading Platform
- Advanced Trading Tools and Features
- Comparison with MetaTrader 4
- Why Trade with Tickmill’s MT5?
- Tickmill's MT4 Trading Platform
- Core Features of MT4
- Tickmill's Mobile App
- Functionalities and Features
- Download and Setup
- Financial Markets available in Tickmill's platforms
- General Trading Features with Tickmill:
- Fund Deposit and Withdrawal with Tickmill
- Deposit and Withdrawal Methods
- Zero Fees Policy
- Currency Options
- Secure Transactions
- Conditions for Using Credit/Debit Cards
- Transferring Funds Between Wallets
- Withdrawal Specifics
- VIP Account Conditions
- Third-Party Payments
- Regulatory Compliance
- Trading Conditions of Tickmill
- Trading Costs
- Swaps
- Leverage and Margin
- Key Facts for Traders
- How to open an account and participate in promotions
- Step 1: Choose the Right Account Type
- Step 2: Register and Verify Your Account
- Step 3: Make a Deposit
- Step 4: Opt for Available Promotions
- Step 5: Trading and Accessing Bonuses
- Step 6: Monitor and Manage Your Account
What is Tickmill?
Tickmill stands out as a reputable trading platform offering a range of premium services and products. As a trading name under Tickmill Ltd, part of the Tickmill Group, it operates under the stringent oversight of the Seychelles Financial Services Authority (FSA). The company’s foundation and operations are geared towards leveraging extensive trading expertise, dating back to the 1980s, to furnish both retail and institutional clients with superior trading environments. This expertise has enabled Tickmill to establish a robust track record, with strong financial performance and consistent growth, making it a trusted leader in the market.
Go to Tickmill Official Website
Key Features of Tickmill’s Trading Service
Tickmill distinguishes itself by providing several key features that cater to diverse trading needs. Customers benefit from access to over 180 financial instruments with extremely competitive spreads starting from as low as 0.0 pips, along with some of the lowest commissions available. The platform ensures ultra-fast trade executions, averaging around 0.20 seconds, with no requotes, thus supporting all kinds of trading strategies like expert advisors, hedging, and scalping. Additionally, Tickmill uses advanced technology to enhance the trading experience, ensuring that all trading platforms are equipped to meet the evolving needs of traders globally.
Client Security and Support
Security of client funds is a primary focus for Tickmill. The platform ensures that client investments are held in segregated accounts with leading banks, safeguarding against potential company financial issues. Moreover, they offer an insurance policy with Lloyd’s that covers amounts ranging from $20,000 to $1,000,000 in case of insolvency. Tickmill’s dedication to client support is evident in their multilingual team, ready to provide expert assistance promptly. This robust support framework complements their global regulatory compliance across multiple jurisdictions, including FCA, CySEC, and others, further cementing their commitment to providing a safe and reliable trading environment.
Go to Tickmill Official Website
Tickmill’s Free VPS
Tickmill provides a Virtual Private Server (VPS) service, allowing traders to keep their trading platforms running 24/7, even when they are not online. This service is particularly useful for traders who use automated trading systems known as Expert Advisors (EAs) on the MT4 platform.
What is a VPS?
A VPS is essentially a remote server that operates independently of the trader’s own computer system. It hosts its own copy of an operating system and runs continuously online, ensuring that trading activities can continue without interruption, regardless of the trader’s personal computer status. This setup is ideal for maintaining a stable trading environment for automated strategies, which require a constant connection to execute trades at the desired times without delay.
Benefits of Using Tickmill’s VPS
- 1. Continuous Trading Operations:
- The VPS ensures that EAs and signal services can run around the clock without interruption, even if the trader’s local machine is turned off or disconnected from the internet.
- 2. No Shared Resources:
- Each VPS operates independently with its own resources (CPU, RAM), ensuring that the server’s performance is not affected by other users.
- 3. Low Latency:
- Tickmill’s partnership with BeeksFX, one of the largest Forex VPS providers, ensures that the servers offer incredibly low latency. This is crucial for achieving timely and accurate order execution, minimizing slippage during trading.
- 4. 100% Uptime Guarantee:
- The VPS service comes with a promise of 100% uptime, ensuring that traders never miss an opportunity due to server downtime.
- 5. Exclusive Discounts:
- Tickmill clients receive a 20% discount on all VPS packages offered by BeeksFX, making it a cost-effective option for serious traders.
- 6. Support and Setup:
- The service includes quick setup and access to 24/7 live chat and email support, helping traders maintain their trading activities without technical interruptions.
How Does It Work?
The technology behind VPS involves partitioning a powerful server into multiple servers. Each part functions as a standalone server, which means traders do not share resources with others, maintaining the efficiency and reliability of their trading platform. This setup also allows for a secure and stable connection to Tickmill’s trading server, which is crucial for high-frequency trading and other strategies that require fast and reliable data exchange.
Ideal for Algorithmic Traders
Tickmill’s VPS is especially beneficial for traders who rely on automated trading strategies. By providing a robust and reliable platform, the VPS enhances the performance of these strategies, ensuring that they operate under optimal conditions without the physical limitations of the trader’s own computer.
Tickmill’s VPS service, powered by BeeksFX, offers traders a robust and efficient platform to ensure that their trading activities are always live and that they are never hindered by connectivity or hardware issues. This service is a significant advantage for traders looking to leverage automated trading strategies in the forex market.
Go to Tickmill Official Website
Acuity Trading Tool
Tickmill’s Acuity Trading Tool is an innovative platform designed to integrate seamlessly with MetaTrader 4 and MetaTrader 5 (MT4/MT5), providing traders with advanced insights into market sentiment through cutting-edge technology. This tool uses artificial intelligence to analyze vast amounts of news articles and data, offering traders a real-time perspective on market dynamics and potential trading opportunities.
Key Features of the Acuity Trading Tool
- 1. Integration with MT4 and MT5 Platforms:
- The tool is compatible with both MetaTrader platforms, allowing traders to use it alongside their existing trading setups seamlessly.
- 2. AI-Driven Analysis:
- By employing artificial intelligence, the tool processes and analyzes news from Dow Jones and other data sources. This includes natural language processing capabilities that interpret the sentiment and relevance of news articles as they are published.
- 3. Research Terminal:
- This feature provides a comprehensive overview of market sentiment across various instruments. Traders can gauge how recent news and data releases are influencing market dynamics for assets they are interested in.
- 4. Market Alerts:
- The tool offers alerts based on historical price movements and news sentiment analysis. These alerts generate a confidence level that helps traders make more informed decisions by staying ahead of market changes and potential opportunities.
- 5. Linear Second Visualization:
- This function displays hourly and daily market news sentiment, allowing traders to visualize market trends and sentiment shifts over time for selected instruments.
- 6. Sentiment Complex:
- This advanced feature charts price movements against market sentiment, offering a visual representation that helps traders understand the interplay between market emotions and price activity.
- 7. Macroeconomic Calendar:
- Integrated into both MT4 and MT5, this calendar provides detailed information on upcoming macroeconomic events and how they could potentially impact market sentiment and trading conditions.
Installation and Use
To begin using the Acuity Trading Tool with Tickmill, traders need to follow a few straightforward steps:
- Download and Installation: The tool is available as a plugin for MT4/MT5. Traders need to download the installer and follow the on-screen instructions to integrate it into their trading platform.
- Configuration: During the installation process, traders can access the settings menu to customize the tool according to their trading preferences and needs.
- Activation: After installation, restarting the MT4 or MT5 platform will activate the tool. It will appear in the list of Expert Advisors, from where it can be activated for use.
Benefits for Traders
Using the Acuity Trading Tool, traders at Tickmill can enhance their trading strategy by leveraging real-time, AI-enhanced insights into market sentiment. This tool helps in identifying underlying tones in global financial news, which might not be immediately apparent. The tool’s capability to interpret and visualize data helps in making quicker, more informed trading decisions, potentially leading to improved trading outcomes.
The Acuity Trading Tool by Tickmill represents a significant advancement in the ability of traders to integrate comprehensive market sentiment analysis directly into their trading platforms, offering a robust toolset designed to refine strategies and improve decision-making processes.
Go to Tickmill Official Website
Tickmill Traders Club
Tickmill’s Traders Club is a comprehensive platform designed for traders who seek to elevate their trading skills through a structured community-oriented approach. Here’s a detailed breakdown of what the Traders Club offers and how members can benefit from joining:
Features of Tickmill Traders Club
- 1. Trade Ideas from Expert Traders:
- Members have access to actionable trading ideas and research led by Tickmill’s team of experts. These ideas are divided by asset class, providing targeted insights that can help traders make informed decisions.
- 2. A Community to Share Your Journey With:
- The club provides a platform for traders to interact, share experiences, and collaborate on trading strategies. This community aspect is invaluable for saving time and enhancing the trading process through shared knowledge.
- 3. Request Exclusive Research:
- Members can request specific analysis and research on their favorite assets. This personalized feature allows traders to explore areas of particular interest or relevance to their trading activities.
Tier System
Tickmill Traders Club operates on a tier-based system, where each level unlocks additional benefits:
- Bronze ($100):
- Access to FX Majors.
- Silver ($1,000):
- Includes all Bronze benefits plus FX Crosses, Futures, the True RSI Indicator, and Patrick’s Futures Trading Strategy.
- Gold ($10,000):
- Includes all Silver benefits plus Commodities, Crypto, additional exclusive indicators like Support & Resistance Radar, and Desmond Team’s Scalping Strategy.
- Platinum ($50,000):
- Includes all Gold benefits plus Indices, the Ultimate Trade Manager, and Desmond Team’s Swing Trading Strategy.
Exclusive Features for Club Members
- Direct Messaging (DM) Expert Traders:
- Allows members to directly interact with experienced traders for advice and discussion on trading-related topics.
- Exclusive Indicators:
- Members gain access to unique trading tools such as the Ultimate Trade Manager on MT4/MT5, enhancing their trading platform’s capabilities.
- Special Trading Strategies:
- The club provides exclusive educational content including videos on trading strategies such as Futures Trading, Scalping, and Swing Trading strategies, designed by professionals.
- Weekly Private Consultations:
- Platinum tier members benefit from weekly private sessions with expert traders, allowing for personalized guidance and advanced trading insights.
Joining the Tickmill Traders Club
To join the Tickmill Traders Club, traders need to:
- Open or fund a Tickmill Wallet and live trading account.
- Sign up for the Traders Club using the same email associated with their Tickmill trading account.
- Wait for the support team to confirm the email address and grant access to the club’s features.
Tickmill’s Traders Club is an all-in-one hub designed for traders looking to significantly enhance their trading experience. The club’s tiered system ensures that both new and experienced traders can find valuable resources and support tailored to their level of investment and interest, all while being part of a dynamic trading community.
Go to Tickmill Official Website
Tickmill Signal Centre
Tickmill’s Signal Centre Tool is an innovative resource designed to enhance traders’ abilities by providing comprehensive market insights and actionable trading ideas. This tool is particularly useful for traders who wish to optimize their trading strategy without spending extensive time on market research.
Features of the Signal Centre Tool
- 1. Comprehensive Market Insights:
- The Signal Centre Tool offers daily trading ideas and analysis across a diverse range of assets including Indices, Stocks, Currencies, Commodities, and Cryptocurrencies. This broad coverage allows traders to access opportunities in various market segments from a single platform.
- 2. Human and AI-Driven Analysis:
- Combining the precision of AI with the nuanced understanding of expert analysts, the Signal Centre provides robust trading insights. This dual approach ensures that the trading ideas are not only data-driven but also incorporate human expertise, which can be critical in understanding market contexts and nuances.
- 3. Actionable Trading Ideas:
- Each trading idea delivered through the tool includes essential details such as entry levels, target levels, and stop loss levels. This clear, actionable information helps traders make prompt decisions with a well-defined risk management strategy.
- 4. Simplified Decision-Making:
- The trading ideas are summarized into brief bullet points and highlights, allowing for quick comprehension and immediate action. This feature is particularly useful in a fast-paced trading environment where time and clarity are of the essence.
- 5. Customization and Personalization:
- Traders can filter the trade ideas based on asset class, analysts’ confidence, and language, making the insights highly relevant to their individual trading style and preferences.
- 6. Validity and Timeliness:
- Every trade idea provided is valid for a minimum of 12 hours, giving traders adequate time to evaluate and act on the information without feeling rushed.
How to Install the Signal Centre Tool on MT4/MT5
Step-by-Step Installation:
- Download the Plugin: Start by downloading the MT4/MT5 plugin from Tickmill’s website.
- Run the Installer: Follow the installation instructions carefully. During the installation process, you will have the option to select your preferences in the ‘Settings’ menu.
- Restart the Platform: Once the installation is complete, restart your MT4/MT5 trading platform. The Signal Centre Tool will then appear under the “Expert Advisors” list.
Tickmill’s Signal Centre Tool is an essential utility for traders looking to leverage expert insights and advanced analytics without dedicating extensive time to market research. By integrating this tool into their trading strategy, traders can not only improve their market understanding but also refine their decision-making process, ultimately aiming for better trading outcomes.
Earn Interest Income with Tickmill
Tickmill’s Passive Income Promotion offers an enticing opportunity for traders to earn interest on unused funds in their trading accounts. Here’s a detailed breakdown of this promotion:
Key Features of the Passive Income Promotion
- 1. Interest Rates:
- Tickmill provides the possibility to earn up to 3.5% interest per annum on unused funds in your trading wallet. The specific rates are:
- Up to 3.5% for USD balances
- Up to 3.25% for GBP balances
- Up to 2% for EUR balances
- 2. Eligibility:
- To qualify for earning interest, clients must:
- Maintain a minimum total wallet balance of $100 across USD, EUR, and GBP wallets.
- Execute at least one trade or hold an open position within the last 30 days.
- 3. Interest Calculation and Payment:
- Interest is calculated daily on the unused wallet balances and paid out monthly. This means each day’s interest accumulates and is added to your account at the beginning of the next month.
- 4. Accessibility of Funds:
- There are no restrictions on how you manage your funds. You can trade or withdraw your funds anytime without affecting your ability to earn interest, as there are no lock-in periods or limitations.
- 5. Calculation Tools:
- Tickmill provides a user-friendly calculator that helps you estimate potential returns based on your wallet balance and the applicable interest rate. For example, a $50,000 USD balance at a 3.5% interest rate could yield approximately $143.84 monthly or $1,778.35 annually, assuming the balance remains constant.
- 6. Transparency and No Hidden Fees:
- The interest rates are clearly outlined, and there are no hidden fees or charges for the calculation and payment of interest.
Additional Information
- All Account Types Eligible:
- All Tickmill account types are eligible for this interest scheme, except Islamic (swap-free) accounts.
- Interest Payment Schedule:
- Interest is paid on the fifth day of each month, based on the interest accrued from the previous month’s daily calculations.
- Client Area Access:
- You can track the monthly interest you’ve accrued in your Client Area under “Transaction History.”
This promotion is designed to make your trading experience with Tickmill more rewarding by providing a passive income stream from your unused funds. It’s an excellent way for traders to earn additional income while maintaining full flexibility over their capital.
Go to Tickmill Official Website
Social Trading with Tickmill
Tickmill’s Social Trading tool is a sophisticated platform that connects traders and allows them to participate as either Strategy Providers or Followers. This system provides a dual opportunity for participants to enhance their trading potential by sharing strategies or by copying the strategies of more experienced traders.
Features of Tickmill Social Trading
For Strategy Providers:
- Monetize Expertise:
- If you are proficient in trading, you can earn additional income by allowing other traders to copy your strategies. This is in addition to your regular trading profits.
- Visibility and Growth:
- Your trading performance will be showcased on Tickmill’s platform, exposing you to thousands of potential followers.
- Performance Fees:
- You can set your own performance fees, earning more when your followers profit from the trades they copy from you.
For Followers:
- Accelerate Learning:
- Beginners or those looking to enhance their trading strategies can copy the trades of experienced traders, effectively shortening the learning curve.
- Simplified Trading Choices:
- Select from a list of successful traders on Tickmill, review their performance history, and copy their trades directly into your account.
- Shared Success:
- When the traders you copy succeed, you benefit directly from the executed trades replicated in your account.
How It Works
- Integration: The platform integrates seamlessly with MT4 and MT5, although certain asset classes like CFD Stocks can only be copied if both accounts are on MT5.
- Automatic Copying: Once connected, the trades of a Strategy Provider are automatically copied to the Follower’s account, reflecting all executed trades in real-time.
Registration and Management
- Easy Registration: Joining Tickmill Social Trading is straightforward. You need an active trading account with Tickmill, and you can register through your existing credentials.
- Dual Roles: You can be both a Follower and a Strategy Provider, but this requires separate trading accounts for each role.
- Performance and Fees: Performance fees are determined by the Strategy Provider and are only deducted from profitable trades. These fees are paid weekly or monthly, based on the settings chosen by the Strategy Provider.
Tools and Settings
- Risk Management:
- Followers can set parameters such as the copying ratio and limits for closing positions, providing control over risk exposure.
- Interactive Tools:
- Strategy Providers and Followers can interact through the platform, exchanging ideas and strategies.
- Account Flexibility:
- More than one trading account can be linked to the Social Trading portal, allowing diversification of strategies.
- Real-Time Copying:
- Trades are copied instantaneously, ensuring that Followers replicate the Strategy Provider’s trades at the current market price.
Tickmill’s Social Trading tool is a powerful addition for traders looking to expand their trading activities, whether by leveraging their successful strategies to earn more or by copying the trades of experienced traders to benefit from their expertise.
Tickmill’s Traders of the Month Contest
Tickmill hosts a monthly trading contest called “Trader of the Month” where they reward an exceptional trader with a $1,000 prize. This contest is designed to recognize and celebrate the trading proficiency, risk management, and overall performance of their clients.
Key Features of the Contest:
- Eligibility:
- All holders of live trading accounts with Tickmill Ltd (regulated by the FSA SC) are automatically entered into the contest.
Participants must have a minimum account equity of $500 or its equivalent in another currency.
Employees of Tickmill and their family members are not eligible to participate. - Participation:
- No separate registration is required to join the contest. Traders simply need to trade on their live accounts as they normally would.
The contest runs from the first day to the last day of each month. - Judging Criteria:
- The winner is chosen based on several factors including profit percentage, risk management skills, maximum drawdown, and the profit-to-loss ratio.
A panel of three Tickmill management members forms the jury to select the monthly winner.
Decisions are made by a majority vote, requiring at least a 2 to 1 vote in favor of the winning trader. - Prize:
- The prize is $1,000, which the winner can choose to trade further with or withdraw without any restrictions.
By accepting the prize, the winner agrees to participate in a written interview and allows Tickmill to publish their trading account history and use the information for marketing purposes. - Announcement:
- Winners are announced within the first 15 trading days of the following month.
Notifications and announcements are made via Tickmill’s Facebook page. - Additional Notes:
- If the jury cannot decide on a winner for a specific month, the prize will be carried over to the next month, potentially increasing the reward for future winners.
This contest not only provides an excellent opportunity for traders to demonstrate their skills but also enhances their visibility within the trading community. It’s an attractive incentive for traders seeking recognition and an additional financial reward.
NFP Machine (Lottery)
Tickmill offers a unique trading contest called the NFP Machine, designed to capitalize on the excitement around the Non-Farm Payroll (NFP) release, a key economic indicator that often causes significant volatility in the forex market. Participants are invited to predict the price of a specified instrument 30 minutes after the NFP announcement in an attempt to win a cash prize.
Overview of the NFP Machine Contest:
- Eligibility:
- Open to all live account holders of Tickmill Ltd (regulated by the FSA SC).
- Contest Structure:
- The contest is centered around the NFP report, which is released on the first Friday of each month.
Participants must predict the price of a designated instrument on the Tickmill MT4/MT5 platform, 30 minutes post-NFP announcement at 16:00 server time. - Prizes:
- If a participant guesses the exact price, they win $500.
If no exact guess is made, the closest prediction earns $200.
If multiple participants tie with the closest prediction, the $200 prize is divided equally among them. - Submission Details:
- Predictions are submitted via the Woobox platform.
Entries are accepted from Monday 0:00 till Friday 15:00 of the NFP week.
Participants must include their trading account number and full name with their prediction. - Rules:
- Only the last prediction made by a participant is considered if multiple are made.
A participant can win the cash prize only once; subsequent wins by the same participant will be awarded to the next closest prediction. - Announcement and Payout:
- Winners are announced by 17:30 on the first Friday of each month on the Campaign page and contacted via email.
The prize is credited to the winner’s Tickmill Wallet as a withdrawable bonus.
To withdraw the prize, the winner must trade at least 1 standard lot for each $5 of the prize. - Campaign Management:
- The contest is managed on the Woobox platform and results are announced on Tickmill’s official Facebook page.
This contest not only encourages active trading but also leverages major economic announcements to engage its community, offering traders a chance to test their market prediction skills against a backdrop of real-world events.
$30 Welcome Account (No Deposit Bonus)
Tickmill offers a $30 Welcome Account specifically designed for new clients who want to experience trading without any initial financial commitment. This account allows you to start trading in a live environment with no risk, as you’re trading with funds provided by Tickmill.
Key Features of the Welcome Account:
- Initial Deposit:
- Tickmill provides a $30 initial deposit automatically credited to your Welcome Account.
- Trading Conditions:
- The trading conditions are the same as those of the live Raw account type offered by Tickmill.
- Eligibility:
- Only new clients from non-restricted countries can open a Welcome Account. This excludes citizens from the European Union.
You cannot apply for this account if you are already a client of Tickmill. - Usage Duration:
- The Welcome Account can be used for trading for 60 days after opening. After this period, the account will remain accessible for an additional 14 days for claiming any earned profits but trading will be disabled.
- Profit Withdrawal:
- You can transfer between $30 and $100 of the profit earned to your Tickmill Wallet.
To transfer profits, you must first register a Client Area account with Tickmill using the same personal details provided for the Welcome Account, deposit a minimum of $100 into your Wallet, and validate your account by providing the necessary identification documents. - Restrictions:
- The initial $30 cannot be withdrawn or transferred; it is meant for trading purposes only.
Expert Advisors (EAs) are not permitted on Welcome Accounts.
Profits can only be transferred to a new live MT4 trading account that is not linked to any other Tickmill promotions. - Process:
- The account setup is automatic after completing the registration form and approval. Login details will be sent to your registered email.
This Welcome Account is an excellent opportunity for new traders to get a feel for Tickmill’s trading platform and conditions without any risk, and potentially keep some profits. It’s designed to make the transition to a live trading environment smoother and more accessible.
Cashback Rebate
Tickmill’s Cashback Promotion offers traders the opportunity to earn cash rewards for their trading activity, specifically when trading Forex, Gold, and Silver. This promotion is designed to both reward loyal clients and encourage the use of Tickmill’s trading platform.
Key Features of the Cashback Promotion:
- Eligibility and Registration:
- The promotion is open to new and existing clients of Tickmill Ltd (Seychelles) and Tickmill Asia Ltd.
Participants need to open a new MT4 or MT5 Rebate Promotion account and deposit at least $200 USD or the equivalent in EUR/GBP/ZAR. - Trading Requirements:
- Only trades involving Forex, Gold (XAUUSD), and Silver (XAGUSD) qualify for the rebates.
The promotion encourages trading by offering rebates for each lot traded, with the amount dependent on the type of account. - Rebate Structure:
-
- Classic Account: $2 per traded lot.
- Raw Account: $0.75 per traded lot.
- Pro Account: $0.50 per traded lot (not available to new clients).
- VIP Account: $0.25 per traded lot (not available to new clients).
- Payment of Rebates:
- Rebates are calculated based on trading activity and are credited to the trader’s account within the first week of the following month.
The minimum monthly payout is $1; if the rebate amount is less than $1, no payout is made for that month.
The maximum rebate one can earn during the promotion period is $5,000. - Promotion Period:
- The promotion starts on August 1, 2023, and ends on December 30, 2024.
- Additional Conditions:
- Internal transfers between accounts do not qualify as new deposits.
Participants can monitor their progress via a leaderboard updated daily in the Client Area.
Rebates can be withdrawn without any restrictions once credited.
This promotion is an excellent way for traders to get additional value from their trading activities at Tickmill, incentivizing higher volumes of trading with direct financial rewards.
Overview of Tickmill Account Types
Tickmill offers a variety of trading accounts tailored to meet the needs of different traders, ensuring that both new and experienced traders find suitable options. The primary account types offered are the Classic Account and the Raw Account, each designed with specific features to optimize trading efficiency and effectiveness.
Go to Tickmill Official Website
Classic Account Features
The Classic Account is ideal for traders who prefer straightforward trading conditions without commission costs. With a minimum deposit requirement of just 100 units in currencies such as USD, EUR, GBP, or ZAR, this account type offers variable spreads starting from 1.6 pips. It supports a maximum leverage of 1:1000 and minimum lot size of 0.01, making it accessible to both beginners and more practiced traders. The Classic Account permits all trading strategies, including automated trading and scalping, and offers a swap-free Islamic account option. This account type is particularly appealing for those looking to trade a wide range of instruments, including 62 currency pairs, major stocks, stock indices, and more, without worrying about commissions on trades.
Raw Account Features
The Raw Account caters to traders looking for minimal spreads and a more aggressive trading environment. Like the Classic Account, the minimum deposit is 100 units in the supported base currencies, but it boasts spreads as low as 0.0 pips. Traders using the Raw Account pay a commission of $3 per lot per side, which is among the lowest rates available. This account also allows for maximum leverage of 1:1000 and supports all trading strategies, providing flexibility for high-volume traders and those using expert advisors. The availability of a swap-free Islamic account option also extends to the Raw Account, ensuring compliance with Sharia law for those who require it.
Additional Features and Security Measures
Both account types at Tickmill offer ultra-fast market execution with an average speed of 0.20 seconds, thanks to their Non-Dealing Desk (NDD) execution model. This setup enhances trading effectiveness by eliminating requotes and allowing traders to execute orders at the best possible prices. Additionally, Tickmill places a high emphasis on the safety of client funds. All accounts benefit from segregated banking, robust capitalization, and compliance with international regulatory standards. Traders can also rest assured that their funds are protected with insurance coverage and negative balance protection, enhancing the security and reliability of trading with Tickmill.
These tailored account options, combined with Tickmill’s strong regulatory framework and commitment to providing a secure trading environment, make it an attractive choice for traders globally.
Tickmill’s MT5 Trading Platform
Tickmill’s MetaTrader 5 (MT5) platform is a sophisticated tool for trading multiple types of financial instruments.
MT5 by Tickmill provides a robust environment for trading CFDs on various assets including Forex, stock indices, stocks, commodities, bonds, and cryptocurrencies. This platform is known for its comprehensive support for all types of trade orders, including six types of pending orders such as Limit, Stop, and Stop-Limit.
Advanced Trading Tools and Features
One of the standout aspects of MT5 is its superior algorithmic trading capabilities. It supports Expert Advisors (EAs), trading robots, and copy trading, allowing for automated trading strategies. Traders can utilize over 38 integrated technical indicators and 21 timeframes, enhancing the analytical aspect of trading. The platform also offers multiple customizable charts to suit diverse trading strategies and preferences.
Additionally, MT5 includes a built-in economic calendar, providing traders with timely updates on important economic events that can affect the markets.
Tickmill’s MT5 platform is accessible on various devices and operating systems, including Windows, MacOS, iOS, Android, and through a WebTrader interface. This flexibility ensures that traders can monitor and execute trades from anywhere at any time.
Go to Tickmill Official Website
Comparison with MetaTrader 4
When comparing MT5 to its predecessor, MetaTrader 4 (MT4), there are notable enhancements in MT5, such as:
- Increased number of order execution types (four in MT5 vs. three in MT4)
- More pending order types (six in MT5 vs. four in MT4)
- Support for an unlimited number of trading symbols, as opposed to the 1024 symbol limit in MT4
- An increase in technical indicators and timeframes
- Advanced analytical tools with 44 graphical objects (compared to 31 in MT4)
- A multi-threaded strategy tester, which is more robust than the single-threaded version in MT4
- Enhanced reporting features with charts in HTML5 and comprehensive tables
Why Trade with Tickmill’s MT5?
Tickmill’s MT5 platform is designed to provide an enhanced trading experience. It offers an optimised interface with advanced analytical tools and a larger variety of technical indicators. The platform supports the MQL5 programming language, which is more powerful and flexible than the MQL4 used in MT4.
Traders benefit from improved analytical capabilities, which allow for a more detailed and accurate technical analysis of market quotes. The enhanced trading conditions on MT5 include spreads from 0 pips and ultra-fast trade execution, averaging 0.20 seconds.
Tickmill’s MT5 is an advanced platform that provides traders with powerful tools and features to analyze and execute trades effectively across a wide range of financial markets. Its accessibility across multiple devices and its rich suite of functionalities make it a superior choice for traders looking for a flexible and powerful trading environment.
Tickmill’s MT4 Trading Platform
Tickmill’s MetaTrader 4 (MT4) platform is a comprehensive trading tool designed for the financial markets. It offers a fully customizable interface that provides traders with advanced capabilities for executing trades and analyzing market data. Here’s a detailed overview of what MT4 offers:
Core Features of MT4
- Comprehensive CFD Trading:
- MT4 allows trading in CFDs across various asset classes including Forex, stock indices, commodities, bonds, and cryptocurrencies.
- Enhanced Order Execution:
- Traders can execute orders without partial fills, thanks to Tickmill’s deep liquidity pools.
- Algorithmic Trading:
- The platform supports automated trading through the use of Expert Advisors (EAs) and can be further enhanced with VPS (Virtual Private Server) services.
- Advanced Technical Analysis:
- Over 50 indicators are available, along with customizable charting options across 39 languages, making it a versatile tool for detailed market analysis.
- Trading Signals:
- MT4 includes an advanced notification system that helps traders stay updated with potential trading opportunities.
- Accessibility
- Tickmill’s MT4 is accessible on various devices and operating systems including Windows, macOS, iOS, Android, and via Webtrader, ensuring traders can monitor and execute trades from anywhere.
- User-Friendly Interface
- MT4 is known for its user-friendly interface, which is easy to navigate and can be customized to meet individual trader needs. It supports multi-language capabilities, allowing global users to operate in their native language.
- Analytical Tools
- MT4 comes equipped with 30 built-in indicators and 24 graphical objects, with the option to add custom indicators. These tools help traders perform comprehensive market analysis, including drawing support and resistance levels, trend lines, and other important charting functions.
- Algorithmic Trading
- Traders can design, test, and run automated trading strategies using the MetaQuotes Language 4 (MQL4), which is specifically designed for trading strategy development.
- Mobile Trading
- Recognizing the need for mobile access, MT4 provides robust mobile applications that offer nearly all the functionalities available on the desktop version, allowing traders to manage their accounts and trade on the go.
- Multi-Account Management
- MT4 is also equipped with tools for managing multiple accounts simultaneously, which is particularly useful for professional traders managing client funds.
- Security
- Security is a key feature of MT4, with data encryption between servers and the client, and hidden IP addresses to enhance user safety online.
- Ease of Installation
- Downloading and setting up MT4 is straightforward. It’s available for both Windows and Mac computers, with detailed guides available to help users get started quickly and efficiently.
- Advantages Over Other Platforms
- MT4 stands out due to its widespread adoption by brokers globally, which standardizes the trading experience and makes it easier for traders to switch brokers without learning a new platform. Its stability, speed, and comprehensive features make it a preferred choice for many traders.
Tickmill’s MetaTrader 4 platform provides a powerful, adaptable, and user-friendly trading environment suited for all types of traders, from beginners to professionals. Its broad range of tools and features, along with strong security measures and multi-device accessibility, make it a reliable choice for engaging with the financial markets.
Go to Tickmill Official Website
Tickmill’s Mobile App
The Tickmill Mobile App is a robust tool designed for modern traders who require flexibility and ease of access to manage their trading accounts and funds effectively from their mobile devices. Here are the key details about the app:
Functionalities and Features
- Comprehensive Account Management:
- Users can create new trading accounts, manage existing ones, upload necessary documents, and access live chat support directly through the app. This includes full capabilities to deposit, withdraw, and transfer money effortlessly.
- Advanced Security Features:
- The app ensures secure login options through fingerprint and facial recognition technologies, providing both convenience and enhanced security for managing sensitive financial information.
- Detailed Financial Monitoring:
- Traders can monitor their account balance and equity in real-time, ensuring they have all the necessary information to make informed trading decisions.
- Wide Range of Trading Options:
- The app supports trading in various CFDs across Forex, stock indices, metals, bonds, commodities, and more. It also allows for trading in futures and options, offering comprehensive trading solutions on the go.
- Optimized Trading Conditions:
- With spreads starting from 0.0 pips and an average execution speed of 0.20 seconds, the app provides highly competitive trading conditions. It supports all trading strategies and offers leverage up to 1:500, with certain restrictions based on entity and client categorization.
- Multi-Lingual Support:
- The support team is accessible via live chat within the app in 16 different languages, making it a versatile tool for global traders.
- User-Friendly Interface:
- The interface is designed to be intuitive and easy to navigate, enhancing the overall user experience. It simplifies the process of fund management, account monitoring, and document management through a streamlined, all-in-one platform.
- Accessibility and Availability:
- The Tickmill Mobile App is available for download on iOS and Android devices, including a direct APK option for Android, ensuring wide accessibility.
- Trade Futures with Competitive Features:
- For futures trading, the app provides fast and reliable execution through centralized exchanges, competitive commissions, and a low deposit requirement, catering specifically to high volume traders with tailored solutions.
Download and Setup
The app can be easily downloaded from the App Store for iOS users and from Google Play or directly via APK for Android users. The setup is straightforward, promoting quick access to the trading environment after installing.
The Tickmill Mobile App offers an efficient, secure, and user-friendly platform for traders to manage their accounts and execute trades across a variety of financial instruments, anytime and anywhere. This makes it an ideal choice for traders looking for a reliable mobile trading solution.
Financial Markets available in Tickmill’s platforms
Tickmill offers a broad spectrum of financial markets for trading, encompassing Forex, stock indices, commodities, bonds, and cryptocurrencies. Here’s a detailed overview of each market:
- 1. Forex Trading
- Tickmill provides access to a vast array of over 60 currency pairs, including major, minor, and exotic pairs. Forex, or the foreign exchange market, involves trading currencies against each other and is known for its high liquidity and 24-hour trading across various time zones. Tickmill offers competitive spreads starting from 0.0 pips and allows for high leverage, enhancing the potential for significant gains but also increasing risk.
- 2. Stock Indices
- Clients can trade on global stock indices which reflect the performance of specific sectors or the broad market. Indices such as the DAX 40, US Tech 100, and others are available, with Tickmill offering low spreads and fast execution speeds. Trading stock indices gives an investor exposure to entire sectors or economies without having to engage with individual stock trades.
- 3. Commodities
- Tickmill facilitates trading in various commodities such as gold, silver, oil, and natural gas. These “hard commodities” are crucial in the global economy and can serve as a hedge against inflation or currency devaluation. Trading hours for commodities are extensive, providing almost continuous access for traders throughout the workweek.
- 4. Bonds
- Trading bonds with Tickmill involves speculating on the price movements of government treasuries without the actual purchase of the securities. Bonds are a less volatile option compared to stocks and can provide a steadier income stream. Tickmill offers trading on German bonds with tight spreads and up to 1:100 leverage for professional clients.
- 5. Cryptocurrencies
- Tickmill has embraced the fintech innovation by offering CFDs on leading cryptocurrencies such as Bitcoin, Ethereum, and others. Cryptocurrency markets are known for their extreme volatility and the potential for significant returns. Trading is available 24/7, providing opportunities to trade outside of typical financial market hours.
General Trading Features with Tickmill:
- Leverage:
- Varies by market and client classification, with higher leverage available to professional clients.
- Spreads:
- Competitive across all markets, with some starting as low as 0.0 pips.
- Platforms:
- Tickmill supports the widely-used MetaTrader 4 and MetaTrader 5 platforms, facilitating a robust trading experience with access to multiple technical indicators and trading tools.
- Education and Resources:
- Tickmill provides a wealth of educational resources, including webinars, tutorials, and articles to help traders make informed decisions.
Each of these markets offers unique opportunities and risks, catering to a diverse range of trading strategies and objectives. Whether you are interested in the fast-paced world of Forex, the strategic trading of indices and commodities, the stability of bonds, or the innovative field of cryptocurrencies, Tickmill aims to provide a comprehensive, efficient, and highly accessible trading environment.
Go to Tickmill Official Website
Fund Deposit and Withdrawal with Tickmill
Tickmill offers a user-friendly and efficient system for depositing and withdrawing funds, allowing traders to manage their trading capital effectively using the payment method that best suits their needs. Here are the detailed conditions for managing funds with Tickmill:
Deposit and Withdrawal Methods
Tickmill provides multiple payment options, including bank wire transfers, credit/debit cards, and several eWallets like Skrill, Neteller, and others. The specifics include:
- Minimum Deposit:
- $100 for all payment methods.
- Minimum Withdrawal:
- $25 for all methods.
- Commission:
- None charged by Tickmill for both deposits and withdrawals.
- Processing Time:
- Deposits are mostly instant except for bank transfers which take within 1 working day. Withdrawals are processed within 1 working day.
Go to Tickmill Official Website
Zero Fees Policy
For deposits starting from $5,000 USD or equivalent processed in a single transaction by bank wire transfer, Tickmill covers transaction fees up to $100 USD. Clients need to provide a bank statement or confirmation document for the transfer within one calendar month after the deposit to get reimbursed.
Currency Options
Tickmill processes payments in multiple currencies including USD, EUR, GBP, and others depending on the chosen payment method.
Secure Transactions
Tickmill emphasizes security and requires all transactions to be conducted using payment methods registered in the client’s name. Additionally, for credit/debit card transactions, Tickmill may request scanned copies of the card used (with sensitive information blacked out) to prevent fraud.
Conditions for Using Credit/Debit Cards
If the deposit via credit/debit card fails, Tickmill advises checking the card details, ensuring the card is valid and has sufficient funds, and confirming that the issuing bank authorizes such transactions.
Transferring Funds Between Wallets
Tickmill allows transfers between wallets or trading accounts, which can be performed easily through the client area:
- Choose the source of funds.
- Select the destination for the funds.
- Specify the amount and submit.
Go to Tickmill Official Website
Withdrawal Specifics
Withdrawals must be made back to the source of the original deposit due to anti-money laundering regulations. For example, if a deposit is made via a credit card, the withdrawal amount up to the deposited amount must return to the same card.
VIP Account Conditions
A VIP account requires a minimum balance of $50,000.
Third-Party Payments
Tickmill does not accept payments made via third-party sources. All payment methods must be owned by the client under their name.
Regulatory Compliance
Tickmill reserves the right to request additional proof from clients to verify the legality of the funds and the client’s identity. Non-compliance can result in frozen or refunded payments.
By providing flexible and secure deposit and withdrawal conditions, Tickmill ensures that traders can fund and access their profits with ease, enhancing the overall trading experience.
Trading Conditions of Tickmill
Tickmill offers a detailed and transparent overview of their trading conditions, ensuring that traders can manage their investments effectively. Here’s a comprehensive explanation of the key aspects of trading costs, leverage, margin, and swaps within Tickmill’s trading environment:
Trading Costs
The primary cost of trading with Tickmill is the spread, which is the difference between the bid (sell) and ask (buy) prices. This is how Tickmill and other intermediaries like banks or liquidity providers earn their keep, by facilitating trades and managing the risk involved. Spreads can be as low as 0.2 pips depending on the currency pair and market conditions.
To determine the cost of a trade, multiply the spread by the trade size and the pip value. For example, if the spread is 1.2 pips and you trade mini lots of 10,000 units with a pip value of $1, the cost would be $1.20.
Go to Tickmill Official Website
Swaps
Swaps refer to the overnight interest paid or earned when a position is held open beyond the daily close of the market. These rates are based on the interest rates of the currencies involved in the trade, the position direction (long or short), and the market conditions. Swap rates are charged triple on Wednesday nights to account for weekends when markets are closed.
Leverage and Margin
Leverage allows traders to open positions significantly larger than their actual invested amount. For instance, with a leverage of 1:100, a trader with $1,000 can control a $100,000 position. It magnifies both potential profits and losses, making it critical to manage risks effectively.
Margin is essentially a security deposit required to maintain open positions. It is not a transaction cost but rather a portion of your account’s equity set aside and allocated as a margin deposit. When you close a position, the margin is released back into your balance.
The required margin is a percentage of the total trade value. For example, if you want to open a position worth $10,000 and the margin requirement is 5%, you need $500 as margin.
Trade with up to 1:1000 Leverage
Key Facts for Traders
- Swaps are charged daily at 00:00 platform time, with triple charges on Wednesday nights.
- Leverage varies by instrument and trader status (retail or professional).
- Margins are necessary to cover potential losses and vary by market volatility and positions.
Tickmill’s trading conditions are designed to support both new and experienced traders with clear, competitive, and manageable financial structures. These features reflect Tickmill’s commitment to providing a supportive environment for trading across forex, commodities, and other financial instruments.
Go to Tickmill Official Website
How to open an account and participate in promotions
Opening an account with Tickmill and receiving bonuses involves a straightforward process, allowing new clients to take advantage of various promotional offers. Here’s a detailed guide on how to get started:
Step 1: Choose the Right Account Type
Tickmill offers several types of accounts, including the Classic, Pro, and VIP accounts. Each has different features and benefits, so choose one that best fits your trading style and needs.
Step 2: Register and Verify Your Account
Register: Go to Tickmill’s website and fill out the registration form. You’ll need to provide personal information such as your name, email, and ID verification.
Verification: Upload the necessary documents to verify your identity and residence. This typically includes a government-issued ID and a recent utility bill or bank statement.
Step 3: Make a Deposit
Minimum Deposit: The minimum deposit depends on the account type but generally starts from $100.
Payment Methods: Tickmill accepts various payment methods including bank transfers, credit cards, and e-wallets like Skrill and Neteller.
Step 4: Opt for Available Promotions
Tickmill offers various promotions that can be appealing to new clients:
- Welcome Account: As a new client, you can open a Welcome Account and receive a free $30 credit to start trading without any risk. This account is available for trading for 60 days, and profits made can be withdrawn under certain conditions.
- Cashback Rebate: Participate in the Cashback Rebate promotion by opening a specific “Rebate” account and trading FX, Gold, and Silver. Rebates are given based on the trading volume.
- Passive Income Promotion: Earn up to 3.5% interest on unused funds in your trading account. Ensure you have at least $100 in your account and have traded or held an open position within the last 30 days.
Step 5: Trading and Accessing Bonuses
Start Trading: Utilize the trading tools and resources provided by Tickmill to begin trading across various markets.
Access Bonuses: Depending on the promotion, follow specific guidelines to access bonuses. For instance, with the Welcome Account, after trading, you may need to deposit a minimum amount to transfer profits to your main trading account.
Step 6: Monitor and Manage Your Account
Client Portal: Use Tickmill’s client portal to monitor your trades, access funds, and manage your account settings.
Support: If you encounter any issues or have questions, Tickmill’s multilingual support team is available to assist you.
Stay Informed: Keep an eye on the terms and conditions of each promotion. Tickmill periodically updates their promotional offers, so understanding the details can help maximize benefits.
Risk Management: Leverage and bonuses can increase both potential profits and risks. Use risk management strategies to protect your investments.
By following these steps, you can effectively open an account with Tickmill, engage in trading activities, and take advantage of various bonuses and promotions offered by the broker. This can enhance your trading experience while potentially increasing your profitability under a secure and regulated trading environment.
Go to Tickmill Official Website
Please check Tickmill official website or contact the customer support with regard to the latest information and more accurate details.
Tickmill official website is here.
Please click "Introduction of Tickmill", if you want to know the details and the company information of Tickmill.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!