Tickmill Review Summary in 10 Points
Founded	2014
Headquarters	London, UK
Regulation	FCA, CySEC, FSCA, LFSA
Market Instruments	Forex, stock indices, stocks & ETFs, bonds, commdities, cryptos, futuires & options
Demo Account	Available
Copy Trading	Yes
Leverage	1:1-1:500
Spread from	1.6 pips (Classic)
Trading Platforms	MT4, MT5, Tickmill Mobile App
Minimum deposit	$/€/£/R100
Customer Support	Live chat, phone, email, social media, FAQ
Bonus	A $30 welcome bonus

What is Tickmill？

Tickmill, the trading name of Tickmill Group of companies, is a regulated global forex and CFD brokerage company established in 2014, headquartered in London, UK. Tickmill offers trading in forex, stock indices, stocks & ETFs, bonds, commdities, cryptos, futuires & options, and provides clients with a choice of three trading accounts, which are the Classic account, the Pro account, and the VIP account. Tickmill also offers MetaTrader4/5 and proprietry mobile app platforms for trading, as well as a range of trading tools and educational resources.

What Type of Broker is Tickmill？

Tickmill operates as a no dealing desk (NDD) broker. This means that the broker doesn't take the other side of clients' trades but instead passes them on to liquidity providers. Tickmill offers both retail and institutional trading services and provides access to a wide range of financial instruments. They also offer various trading platforms and account types to suit different trading styles and needs.

Pros & Cons

Pros	Cons
• Regulated by multiple reputable authorities	• Regional restrictions
• Tight spreads and low commissions	• No 24/7 customer support
• Wide range of trading platforms
• Access to a variety of markets
• Negative balance protection
• Multiple account types to suit different traders
• Rich educational resources

Tickmill is a reputable and reliable broker that offers competitive trading conditions and a wide range of trading instruments. Its low spreads and fees, multiple account types, various trading platforms and rich tarding tools and educational resources are attractive to traders of all levels.

However, Tickmill is not available in all countries, and their customer support operates within specific working hours. It's important for potential users to verify these details ahead of registration.

Nonetheless, its overall transparency, security, and quality of service make it a popular choice among traders worldwide.

Is Tickmill Safe？

Tickmill is a regulated broker that holds licenses from respected financial authorities, including Financial Conduct Authority (FCA, No. 717270), Cyprus Securities and Exchange Commission (CYSEC, No. 278/15), Financial Sector Conduct Authority (FSCA, No. 49464), and Labuan Financial Services Authority (LFSA, No. MB/18/0028).

This indicates that it complies with the required regulations and standards to provide financial services to their clients. Additionally, Tickmill has been in operation since 2014 and has gained a good reputation in the industry, which suggests that they are a legitimate broker.

How are You Protected？

Tickmill uses segregated accounts to keep client funds separate from its operational funds, which provides an additional layer of protection in case of the company's insolvency.

Tickmill also uses advanced security protocols and encryption technology to protect clients' personal and financial information.

The company also offers negative balance protection, which ensures that clients cannot lose more than their account balance, and it has a compensation scheme in place that can provide additional protection to eligible clients in case of the company's insolvency.

More details can be found in the table below:

Protection Measure	Detail
Regulation	FCA, CySEC, FSCA, LFSA
Segregated Accounts	Client funds are held in segregated accounts, separated from the company's operating funds
Negative Balance Protection	Ensuring clients' accounts cannot go below zero
Investor Compensation Scheme	Clients are covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person in the event of the broker's insolvency
SSL Encryption	Protecting clients' personal and financial information from unauthorized access
Two-Factor Authentication	To add an extra layer of security to clients' accounts
Anti-Money Laundering Policy	To prevent money laundering and other illegal activities
Privacy Policy	Ensuring clients' personal information is kept confidential and used only for legitimate purposes

Note that this table is not exhaustive and there may be other protections or security measures in place at Tickmill.

Our Conclusion on Tickmill Reliability:

Based on the information available, Tickmill appears to be a reliable and trustworthy broker. It is regulated by reputable authorities, has been in operation for several years, and has received positive reviews from many customers.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Market Instruments

Tickmill is a comprehensive trading platform that offers 180+ financial instruments. Their offerings include over 60 forex currency pairs, more than 15 stock indices, 500+ stocks and ETFs, bonds, various commodities including precious metals and energies, cryptocurrencies, as well as futures and options such as S&P 500, DJIA, and NASDAQ. These options provide users with the flexibility to diversify their investment portfolio.

Account Types

Tickmill offers its clients three account types designed to suit different trading styles and preferences.

Classic Account: The Classic Account is suitable for new traders who want to experience real trading conditions with a low deposit.

Pro Account: The Pro Account is designed for more experienced traders who require tighter spreads and lower trading costs.

VIP Account: The VIP Account is suitable for high net worth individuals and institutional traders who require premium trading conditions.

The minimum deposit requirement is $/€/£/R100 for Classic and Pro accounts. The minimum balance is $/€/£/R50,000 on the VIP account.

All account types at Tickmill offer access to the same range of trading instruments. Additionally, all accounts can be opened as Islamic accounts, which are swap-free accounts for traders who follow Sharia law.

Prior to committing to various live trading accounts, clients have the option to explore Go Markets' offerings through the provided demo accounts, allowing them to familiarize themselves with the trading environment before engaging in real trading activities.

How to Open an Account？

Step 1: Register

Click on ‘Create account’. Enter your personal details and check your email for verification.

Step 2: Upload Documents

Submit your Proof of Identity and Proof of Address to complete registration.

Step 3: Fund and Choose Platform

Open a trading account, deposit to your Tickmill wallet, transfer funds from your Tickmill wallet to your live trading account and download the trading platform of your choice to start trading.

Leverage

Tickmill offers flexible leverage ranging from 1:1 to 1:500, depending on the account type and the instrument traded. The maximum leverage available for forex trading is 1:500. For stock indices, commodities and bonds, the maximum leverage is 1:100. For cryptocurrencies, the maximum leverage is 1:200.

Forex	1:500
Stock indices	1:100
Commodities	1:100
Bonds	1:100
Cryptocurrecnies	1:200

It's important to note that higher leverage levels increase the potential profits but also increase the potential losses, so it's important to use leverage carefully and manage risk appropriately.

Spreads & Commissions

Tickmill offers different account types with different spread and commission structures. Specifically, clients on the Classic account have spread from 1.6 pips with no commission charged, the Pro account has spread from 0.0 pips with a commission of 2 per side per 100,000 traded, and the VIP account has spread from 0.0 pips with a commission of 1 per side per 100,000 traded.

	Spread	Commission
Classic Account	From 1.6 pips	2 per side per 100,000 traded
Pro Account	From 0.0 pips	no commission
VIP Account	From 0.0 pips	1 per side per 100,000 traded

Bonuses Offered

TickMill extends a genuine welcome bonus of $30 to new traders, manifested as an automatic complimentary deposit of $30 into the Welcome Account upon account opening. However, the Welcome Account is denominated exclusively in US Dollars (USD).

Trading Platforms

Tickmill offers several trading platforms for its clients, including:

• MetaTrader 4 (MT4): This is a popular trading platform among forex traders due to its advanced charting capabilities, numerous technical indicators, and ability to run automated trading strategies.

• MetaTrader 5 (MT5): This is an upgraded version of MT4, offering additional features such as more timeframes, depth of market, and the ability to trade other instruments such as stocks and commodities.

• Tickmill Mobile App: This is a proprietary platform developed by Tickmill, offering a user-friendly interface, advanced charting tools, and the ability to trade directly from charts.

Overall, Tickmill's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.

Copy Trading

Tickmill offers copy trading features. This allows less experienced traders to copy the trades of more experienced traders, potentially increasing their chances of making profitable trades. It's a strategy often used by new traders or those looking to diversify their trading. You can copy top traders on Tickmill's website.

Deposits & Withdrawals

Another crucial factor while selecting a Forex broker is to see how to transfer money to or from your trading account. Obviously, regulated brokers adhere to best practices and are regulated by their authority in terms of money management.

Tickmill offers various deposit and withdrawal methods to its clients. The available methods may vary depending on the client's country of residence. Here are the most common methods:

Payment Options:

• Bank wire transfer

• Crypto payments

• Credit/debit cards (Visa, Mastercard)

• Skrill

• Neteller

• Sticpay

• FasaPay

• Union Pay

• Web Money

Tickmill does not charge any fees for deposits or withdrawals. However, clients are advised to check with their payment providers for any transaction fees that may apply at their end. Most deposits are instant, while the typical withdrawal processing time is within 1 working day.

Minimum deposit requirement

As we have mentioned before, the minimum deposit with Tickmill is $/€/£/R100 for the Classic and Pro accounts, while the higher-grade VIP accounts will require more money of up to $/€/£/R50,000, as designed for traders with experience.

Tickmill minimum deposit vs other brokers

	Tickmill	Most other
Minimum Deposit	$/€/£/R100	$/€/£100

Tickmill Money Withdrawal

To withdraw funds from your Tickmill account, you need to follow these steps:

Step 1: Log in to your Tickmill Client Area.

Step 2: Select the “Withdraw Funds” option under the “Deposit & Withdraw” tab.

Step 3: Choose the payment method you want to use for withdrawal.

Step 4: Enter the amount you wish to withdraw.

Step 5: Fill out any necessary information related to your selected payment method.

Step 6: Submit your withdrawal request.

Once your withdrawal request is approved, the funds will be transferred to your selected payment method.

Fees

Tickmill does not charge deposit and withdrawal fees, but fees may be incurred by the payment method used. Also, inactivity fees of $10 per month are charged on accounts that have been inactive for over six consecutive months.

Customer Service

Tickmill offers customer support services to its clients via various channels, including email, phone, live chat, and social media. The broker has a multilingual customer support team that provides assistance in several languages, including English, Spanish, Italian, Chinese, and more.

Tickmill's customer service has received positive feedback from traders for its prompt and helpful responses. The broker also provides an extensive FAQ section on its website, which addresses various queries related to trading, accounts, and other services.

Educational Resources

Tickmill is committed to providing a comprehensive education for traders at every level of experience. Their educational resources include webinars and seminars conducted by industry professionals, geared to enhance their clients' trading knowledge and skills. They offer extensive reading material such as eBooks, articles and infographics that cover a wide range of trading topics.

Tickmill also accommodates a detailed forex glossary for quick reference. They provide insights into market analysis both from a fundamental and technical perspective, offering daily market insights that help traders navigate the financial markets. This array of educational tools is designed to support traders in making informed trading decisions.

Conclusion

Overall, Tickmill is a good option for traders who are looking for a reliable and transparent broker with competitive trading conditions. Some of the advantages of Tickmill include its strong regulatory framework, low trading fees, a wide range of trading instruments, multiple trading platforms, and excellent customer support.

It is particularly suitable for experienced traders who are looking for a broker that provides access to a variety of markets and trading instruments, as well as competitive trading conditions. Additionally, Tickmill's demo account allows traders to test their strategies and trading skills before investing real money.

Frequently Asked Questions (FAQs)

Question 1:	Is Tickmill regulated？
Answer 1:	Yes. It is regulated by FCA, CySEC, FSCA, and LFSA.

Question 2:	At Tickmill, are there any regional restrictions for traders？
Answer 2:	Yes. The services of Tickmill and the information on this site are not directed at citizens/residents of the United States and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Question 3:	Does Tickmill offer demo accounts？
Answer 3:	Yes.

Question 4:	Does Tickmill offer the industry-standard MT4 & MT5？
Answer 4:	Yes. Both MT4 and MT5 are available.

Question 5:	What is the minimum deposit for Tickmill？
Answer 5:	The minimum initial deposit to open an account is $/€/£/R100.

Question 6:	Is Tickmill a good broker for beginners？
Answer 6:	Yes. It is a good choice for beginners because Tickmill is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow beginners to practice trading without risking any real money.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

FXPRIMUS Review Summary in 10 Points
Founded	2009
Registered Country/Region	Cyprus
Regulation	CySEC
Market Instruments	Forex, Metals, Energies, Equities, Indices, Futures and CFD Cryptocurrencies
Demo Account	Available
Leverage	1:1000
EUR/USD Spread	From 0 pips
Trading Platforms	MT4, MT5, cTrader, WebTrader
Minimum deposit	$15
Customer Support	24/5 live chat, email

What is FXPRIMUS？

FXPRIMUS is a CySEC-regulated retail forex and CFD broker, founded in 2009 and headquartered in Cyprus. FXPRIMUS offers trading on a range of financial instruments including Forex, Metals, Energies, Equities, and Indices, different account types with varying minimum deposits and leverages, and multiple trading platform choices of MT4, MT5, cTrader, and WebTrader.

Pros & Cons

Pros	Cons
• Regulated by CYSEC	• Clients from Australia, Belgium, Iran, Japan, North Korea and USA are not accepted
• High-level protection measures for clients	• Higher minimum deposit for certain account types
• Wide range of market instruments	• Limited copy trading availability
• Low minimum deposit
• No deposit or withdrawal fees
• Competitive spreads and commissions
• Various deposit and withdrawal methods
• Strong customer service support
• Comprehensive trading tools and educational resources

Overall, FXPRIMUS appears to be a legitimate and reliable broker with strong regulatory oversight and high-level protection measures. They offer a wide range of trading instruments and account types, as well as various trading platforms and educational resources.

FXPRIMUS Alternative Brokers

There are many alternative brokers to FXPRIMUS depending on the specific needs and preferences of the trader. Some popular options include:

• FXCM - a well-established broker with a good reputation and comprehensive trading tools;

• FxPro - offers competitive pricing and advanced trading platforms;

• Exness - has a user-friendly platform and low minimum deposits.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is FXPRIMUS Safe or Scam？

FXPRIMUS is a legitimate online broker that is regulated by the Cyprus Securities and Exchange Commission (CySEC). It is also a member of the Investor Compensation Fund (ICF) in Cyprus, which provides protection to clients in the event of the company's insolvency. Overall, FXPRIMUS appears to be a reputable broker.

How are you protected？

FXPRIMUS places a strong emphasis on client protection measures. It offers Negative Balance Protection, which means that clients will never lose more than their account balance. Additionally, FXPRIMUS uses top-tier liquidity providers, ensuring fast and reliable execution of trades. The broker's funds are audited by a third-party auditor to ensure transparency, and client funds are held in segregated accounts, separate from the broker's operating funds. These measures help to ensure that FXPRIMUS clients are protected from financial fraud and malpractice.

Our Conclusion on FXPRIMUS Reliability:

Based on the information provided, FXPRIMUS appears to have strong protection measures in place for their clients, including regulation by CYSEC, negative balance protection, top-tier liquidity, and audit and segregated accounts. These measures provide a level of assurance that FXPRIMUS is committed to the security of its clients' funds. Therefore, it can be concluded that FXPRIMUS is a trustworthy broker for traders.

Market Instruments

FXPRIMUS offers a diverse range of market instruments for its clients to trade. In addition to forex pairs, clients can also trade metals such as gold and silver, as well as energies such as oil and natural gas. The broker also offers equities, indices, futures, and CFD cryptocurrencies. With such a wide range of market instruments available, clients can diversify their trading portfolios and take advantage of different market opportunities.

Accounts

FXPRIMUS offers three account types, Primus Classic, Primus Pro, and Primus Zero, with minimum deposits ranging from $15 to $1,000. Primus Classic accounts are the most accessible with a low minimum deposit requirement of $15, while Primus Pro and Primus Zero accounts require higher minimum deposits of $500 and $1,000, respectively. Copy trading is only available for Primus Classic accounts. FXPRIMUS also offers demo accounts for traders to practice their strategies before committing to a live account.

Leverage

FXPRIMUS provides varying leverage options depending on the account type and trading platform. For instance, for the Primus Classic account, clients can enjoy up to 1:1000 leverage. On the other hand, for the Primus Pro account, leverage is up to 1:500 on the MT4 platform and up to 1:1000 on the MT5 platform. For the Primus Zero account, the maximum leverage offered is up to 1:500. It is essential to note that high leverage levels carry a higher risk of potential losses, and traders should exercise caution when using high leverage levels.

Spreads & Commissions

FXPRIMUS offers competitive spreads and commissions across its account types. The spreads for the Primus Classic account start from 1.5 pips with no commission, which is suitable for beginners who are looking for a commission-free trading experience. For the Primus Pro account, the spreads are variable and start from as low as 0.3 pips, but the commissions are higher at $8 on the MT5 and $10 on the MT4. For experienced traders who prefer tighter spreads, the Primus Zero account offers spread from 0 pips with a commission of $5, making it suitable for high-frequency trading strategies.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commission
FXPRIMUS	From 0.0 pips	No commission on Primus Classic
FXCM	From 0.2 pips	No commission on Standard
FxPro	From 0.0 pips	From $4.5 on cTrader
Exness	From 0.3 pips	No commission on Standard

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

FXPRIMUS offers a range of popular trading platforms to cater to the needs of different types of traders. The platform options include the widely used MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and WebTrader.

The MT4 and MT5 platforms are popular among traders due to their user-friendly interface, advanced charting capabilities, and customizable indicators.

The cTrader platform is preferred by traders who seek a more transparent trading environment with direct market access (DMA) and Level II pricing.

The WebTrader platform is a web-based platform that allows traders to access their accounts from any device with an internet connection, without the need to download or install any software.

Overall, FXPRIMUS' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker	Trading Platforms
FXPRIMUS	MT4, MT5, cTrader, WebTrader
FXCM	Trading Station, MT4
FxPro	MT4, MT5, cTrader
Exness	MT4, MT5, WebTerminal

Trading tools

FXPRIMUS offers a variety of trading tools to assist its clients. The pip calculator helps traders calculate the value of a pip for a given currency pair and position size. The margin calculator allows traders to calculate the margin required to open and hold a position. The currency converter helps traders convert one currency to another at current exchange rates.

In addition, FXPRIMUS provides a market calendar that shows the schedule of economic events and their expected impact on the market, which can help traders make informed trading decisions. These tools can be accessed through the FXPRIMUS website or the trading platforms.

Deposits & Withdrawals

FXPRIMUS offers various deposit and withdrawal methods, including Bank Wire, Local Transfer, Credit Cards, and e-Wallets.

The minimum deposit is relatively low at $15. There are no deposit or withdrawal fees charged by FXPRIMUS, but your payment provider may charge a fee. However, it is worth noting that the minimum withdrawal amount is $100, which may be higher than some traders would prefer.

FXPRIMUS minimum deposit vs other brokers

	FXPRIMUS	Most other
Minimum Deposit	$15	$100

The processing time for withdrawals varies depending on the payment method chosen, with Bank Wire taking 2-5 working days, Local Transfer taking 1-5 working days, and Credit Cards and e-Wallets taking up to 5 minutes.

FXPRIMUS Money Withdrawal

To withdraw funds from FXPRIMUS, you can follow these steps:

Step 1: Log in to your FXPRIMUS account and click on the “Withdrawals” option in the main menu.

Step 2: Select the payment method you want to use for the withdrawal.

Step 3: Enter the amount you want to withdraw and click on the “Submit” button.

Step 4: Follow the instructions provided by the payment method you selected to complete the withdrawal process.

Fees

FXPRIMUS does not charge any deposit or withdrawal fees; however, payment provider fees may apply.

The broker charges an inactivity fee of $10 per month for accounts that have been inactive for 180 days or more. This fee is charged to cover the costs of maintaining the account and providing access to trading services, educational resources, and customer support. However, the inactivity fee can be avoided by simply logging into the trading account at least once every 180 days. It's important to note that the inactivity fee is only charged on the balance of the account and not on the deposited amount.

It also charges swap fees for holding positions overnight, and these fees vary depending on the instrument being traded.

See the fee comparison table below:

Broker	Deposit Fee	Withdrawal Fee	Inactivity Fee
FXPRIMUS	Free	Free	$10 per month after 180 consecutive days of inactivity
FXCM	Free	Free	$50 per year after 12 months of inactivity
FxPro	Free	Free	$0 after 12 months of inactivity
Exness	Free	Varies by payment method	No

It is important to note that fees and charges are subject to change, and clients should refer to the brokers websites for up-to-date information.

Customer Service

FXPRIMUS customer service offers various channels for clients to reach out for support. Clients can access 24/5 live chat, email, and online messaging to get in touch with customer support representatives. In addition, the broker provides support via messaging apps such as Messenger, WhatsApp, WeChat, Zalo, Line, and Telegram. This allows clients to contact customer support representatives in a convenient and accessible way.

Furthermore, FXPRIMUS has a presence on social media platforms such as Twitter, Facebook, Instagram, YouTube, and LinkedIn. This enables clients to stay up-to-date with the latest news and updates from the broker.

Pros	Cons
• 24/5 live chat	• No phone support
• Multiple language support for live chat and email	• No support on Weekends
• Active on social media channels for customer engagement	• Live chat can be slow to respond during busy periods

Note: These pros and cons are subjective and may vary depending on the individual's experience with FXPRIMUS' customer service.

Education

FXPRIMUS offers a variety of educational resources for traders of all levels. These resources include video tutorials, educational materials, live webinars, and articles.

The video tutorials cover a range of topics, from basic concepts such as trading terminology and chart analysis to more advanced topics such as risk management and trading strategies.

The educational materials include e-books, trading guides, and other resources to help traders improve their skills and knowledge.

The live webinars are led by experienced traders and cover a variety of topics, including market analysis, trading psychology, and risk management.

The articles on FXPRIMUS' website cover current market news and analysis, trading strategies, and other relevant topics.

Conclusion

In conclusion, FXPRIMUS is a regulated and reliable broker that offers a range of account types with competitive spreads and commissions. The broker provides a variety of trading platforms and trading tools to enhance clients' trading experience. Additionally, the broker offers excellent customer service and educational resources to support traders.

Frequently Asked Questions (FAQs)

Q 1:	Is FXPRIMUS regulated？
A 1:	Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC).

Q 2:	At FXPRIMUS, are there any regional restrictions for traders？
A 2:	Yes. FXPRIMUS does not offer its services to residents of certain countries/jurisdictions including, but not limited to, Australia, Belgium, Iran, Japan, North Korea and USA.

Q 3:	Does FXPRIMUS offer demo accounts？
A 3:	Yes.

Q 4:	Does FXPRIMUS offer the industry-standard MT4 & MT5？
A 4:	Yes. It supports MT4, MT5, cTrader, and WebTrader.

Q 5:	What is the minimum deposit for FXPRIMUS？
A 5:	The minimum initial deposit to open an account is $15.

Q 6:	Is FXPRIMUS a good broker for beginners？
A 6:	Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.