Tickmill UK

Tickmill UK is a global forex and CFD broker that specialises in offering financial services to private and institutional clients. Founded in 2014, the company has since become established as a reliable and competent provider on the market. Tickmill UK has more than 400,000 happy customers with a total of just over 785,000 accounts today. The broker offers a wide range of trading instruments to its customers, including foreign exchange, commodities, indices, shares, and bonds. The company is highly efficient and is known for its competitive spreads, fast execution times, and user-friendly trading platforms with about 250 employees worldwide. Tickmill UK Group has received a number of prestigious awards for leadership, customer service, technology, trading conditions, and for the key area of foreign exchange.

Is Tickmill UK a reputable broker?

Tickmill UK can be considered a reputable broker. The company is regulated by several financial supervisory authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (FSA), the DFSA UAE, the Labuan Financial Services Authority (Labuan FSA), and the Financial Sector Conduct Authority (FSCA). This regulatory situation ensures that Tickmill UK complies with strict standards in terms of transparency, security, and customer service.

CySEC – License number: 278/15

FCA – FCA Registration number: 717270

FSA – License number: SD008

DFSA UAE – Reference number. F007663

Labuan FSA – Licence number: MB/18/0028

FSCA – License number: FSP 49464

Tickmill UK also has some built-in protection mechanisms for client funds. Money is insured for accounts up to a size of $1,000,000, the funds are kept separate from the company’s money and the company is solvent to survive bad times. Tickmill UK Europe Ltd. is also an official member of the Cyprus Investor Compensation Fund (ICF), which strives to compensate clients, should it come to one of the fund members being unable to meet its obligations.

However, it is important to note that no regulation can guarantee absolute security. It is always advisable to perform one’s own research before choosing a broker.

What is the minimum deposit at Tickmill UK?

The minimum deposit at Tickmill UK is $100. This applies to both account models offered. The Classic and Raw options respectively differ in terms of trading conditions. This small minimum deposit enables even small investors to open accounts and participate in trading.

Withdrawing money from Tickmill UK

Money can be withdrawn from Tickmill UK by a number of methods, including bank transfer, credit/debit card and electronic payment services such as Skrill and Neteller. The withdrawal process is user-friendly and can be initiated via the customer portal. The payout time at Tickmill UK varies depending on method used. Electronic payments usually will be processed within one day, while bank transfers may take 3-7 working days.

What is the bank behind eToro?

eToro does not have a dedicated bank of its own. The company cooperates with a number of banks and financial institutions to offer payment processing and custody services to its customers. eToro Group is currently working with J.P.Morgen, Deutsche Bank, Coutts, J.Safra Sarasin, Pictet, and UBP.

Tickmill UK advantages

• • More than 180 instruments with a spread of 0.0 pips and fair trading conditions
• • Ultra-fast and reliable execution
• • Flexible leverage with maximum leverage of up to 1:30 for private clients and 1:300 for professional clients
• • Wide range of tradable instruments. Shares, commodities, currencies, bonds, cryptocurrencies
• • Free demo accounts
• • Various trading platforms: Tickmill UK supports MetaTrader 4, MetaTrader 5, and a dedicated app.
• • Protection against negative account balance
• • Extensive educational resources (e-books, fundamental analyses, technical analyses, video tutorials, seminars, webinars, infographics, etc.)
• • Tickmill UK VPS is available for an extra fee

Summary

All in all, Tickmill UK offers a secure and user-friendly trading environment that is suitable for both beginners and experienced traders. The broker provides a range of educational resources, including webinars, training videos, and market analyses. In addition, the trading platforms, such as MetaTrader 4 and 5, are user-friendly and offer demo accounts with which beginners can practise risk-free. However, an additional fee will be charged for the VPS servers. This is generally only an option for advanced investors.