Tickmill Pros and Cons

Is Tickmill the Forex broker you have been looking for? Or is it a broker you should avoid? Check out our Tickmill Pros and Cons and make that decision on your own.

Tickmill Pros

  1. Solid regulation – Tickmill is regulated with the FCA, FSA SC and now CySec, with the acquisition of Vipro markets.
  2. Trading conditions – Tickmill has favorbale trading conditions with spreads from 0.0 pips and no requotes.
  3. Fees – with many ways to deposit funds, they also boast about no fees on deposit and on withdraws.
  4. Promotions – Tickmill always has fun and enticing promotions, such as trader of month prizes, NFP machine contest and others that come an go.
  5. Bonus – Tickmill offers a risk free $30 welcome account bonus to any new trader. This bonus lets you trade just like you would if you had deposited your own funds.
  6. Great for beginners – Paired with the free $30 bonus and a low minimum deposit of $25, makes tickmill a perfect first choice for beginners.
  7. Education – Tickmill host periodic webinars in a few different languages. They also include a section of video tutorials that explain forex trading and how to use their platforms.

Tickmill cons

  1. Relatively new – While being founded in 2014, tickmill is one of the “newer” forex brokers out there.
  2. Trading platforms – Offering only 2 platforms – Metatrader 4 and Web Trader.
  3. No US Traders – Like most retail forex brokers, Tickmill does not offer accounts to residents of the United States.

Do you agree or disagree? We would love to know what you think!

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