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Tickmill Review

Tickmill Review

With Tickmill Brazilian traders will get access to 180+ instruments. Spreads are as low as 0.0 pips, with some of the lowest commissions on the market. The broker provides premium trading products and services with transparency and innovative technology.

Updated : July 4, 2024

Jump to:

Overview

Regulation and Safety of Funds

Awards and Recognition

Account Types and Features

Account Registration

Broker Comparison

Trading Platforms

Range of Markets

Fees

Deposit and Withdrawels

Education and Research

Bonuses and Promotions

Affiliate Programs

Customer Support

Social Responsibility

Final Verdict

Pros and Cons

FAQ

Overall Rating

Min Deposit

USD 100

Regulators

CySEC, FCA, FSA, FSCA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Overview

 

Tickmill Overview

 

Tickmill was established in 2014 and is a trading name of Tickmill Ltd, a member of Tickmill Group. In our research of this broker, we were particularly drawn to its proven track record of strong financial results and stable growth.

 

Tickmill has positioned itself as a trusted market leader and innovator. The broker is committed to its regulatory requirements and is overseen by reputable agencies such as the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Seychelles Financial Services Authority (FSA). This alone assures Brazilian traders that their assets are safe and secure.

 

Tickmill offers Brazilians trading in various trading instruments, including forex, stock indices, commodities, bonds, cryptocurrencies, and stocks.

 

The broker offers tight spreads starting at 0.0 pips on the Raw account, with leverage of up to 1:1000 and fast execution speed that should appeal to novice and seasoned traders in Brazil.

 

Trading is provided on the popular MetaTrader suite with the addition of the broker’s revolutionary social trading platform, Tickmill Social Trading. With this platform, Brazilians can learn from and copy successful traders.

 

Add to this the superb customer service that includes being served in Portuguese, and Brazilian traders will value Tickmill’s offerings. Their educational and research tools will provide all traders with enough information to navigate the complex world of forex trading.

 

Overall, Tickmill offers cutting-edge trading technology and exceptional customer support, demonstrating the broker’s dedication to providing a high-quality trading environment, especially for traders in Brazil.

 

No, Tickmill is not locally regulated by The Securities and Exchange Commission of Brazil (CVM) but through other reputable regulatory authorities.

Tickmill is the trading name of Tickmill UK Ltd, which is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom and its headquarters in London.

Tickmill Review at a Glance

🗓Established Year2014
🪪Regulation and LicensesSeychelles FSA, FCA, CySEC, Labuan FSA, FSCA
🌟Ease of Use Rating4/5
💰BonusesTrader of the Month, Tickmill’s NFP Machine, $30 Welcome Bonus, IB Contest, Trade More, Get More
⏰Support Hours24/5
📊Trading PlatformsMetaTrader 4, MetaTrader 5, CQG, Tickmill App
📈Account TypesClassic Account, Raw Account
💸Base CurrenciesUSD, EUR, GBP, PLN
📊SpreadsFrom 0.0 pips on the Raw Account
📈Leverage1:1000
💳Currency Pairs62, major, minor, and exotic pairs
💰Minimum Deposit529 BRL ($100)
💸Inactivity FeeNone
🗣Website LanguagesEnglish, Indonesian, Russian, Arabic, Italian, Thai, Vietnamese, German, Chinese (Simplified), Spanish, Polish, Korean, Malay, Portuguese
⚖️Fees and CommissionsSpreads from 0.0 pips, commissions from $3 per side, per lot
📚Affiliate ProgramYes
🏛️Banned CountriesThe United States
💻ScalpingYes
🔎HedgingYes
✴️Trading InstrumentsForex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, ETFs
👉 Open AccountOpen Account

Tickmill Regulation and Safety of Funds

 

Tickmill protection of funds

 

Tickmill’s Regulation in Brazil

The Securities and Exchange Commission of Brazil (CVM) (Comissão de Valores Mobiliários) is the securities market authority in Brazil.

 

Tickmill is not regulated by Comissão de Valores Mobiliários (CVM). However, Tickmill’s global regulations are listed in the table below.

 

Tickmill Global Regulations

🏛️Registered Entity🌎Country of Registration🔎Company reg.🔎Regulatory Entity📈Tier🪪License Number/Ref
Tickmill UK Ltd.United Kingdom09592225FCA171720
Tickmill Europe LtdCyprus340249CySEC2278/15
Tickmill South Africa (Pty) Ltd.South Africa2017/531268/07FSCA2FSP 49464
Tickmill Ltd.SeychellesFSA3SD008
Tickmill Asia Ltd.LabuanLFSA3MB/18/0028
Tickmill UK Ltd.DubaiDFSA2F007663

 

Tickmill regulations

 

Tickmill’s Protection of Client Funds

🛡️Security Measure🖺Information
Segregated AccountsYes
Compensation Fund MemberYes, FSCS and ICF
Compensation AmountFSCS – £85,000
ICF – 20,000 EUR
SSL CertificateNo
2FA (Where Applicable)No
Privacy Policy in PlaceYes
Risk Warning ProvidedYes
Negative Balance ProtectionYes
Guaranteed Stop-Loss OrdersNo

Tickmill Ltd is regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA). As such, the broker’s internal systems comply with the FSA regulations, meaning your funds are held in segregated accounts to protect your assets.

Tickmill provides negative balance protection to ensure traders do not lose more than their original investment, thereby protecting their financial well-being.

Tickmill Awards and Recognition

 

Tickmill Awards

 

While exploring Tickmill’s website, we came across the following most recent awards that they’ve won:

  • 2024 – No 1 Broker for Commissions & Fees at the ForexBrokers.com Annual Awards.
  • 2024 – Best Trading Spread by Brokersview.
  • 2024 – Best in Class for Algo Trading, MetaTrader, and Social Copy Trading at the ForexBrokers.com 2025 Annual Awards.
  • 2023 – Best partner Program Africa at the Finance Magnates Africa Summit.
  • 2023 – Best Customer Service at the Global Forex Awards.
  • 2023 – Top 100 Trusted Financial Institutions at the Middle East Financial Markets Awards.
  • 2023 – Best CFS Broker at the Rankia Awards.
  • 2023 – Best Professional Trading Account Execution at the Professional Trader Awards.
  • 2023 – Best Forex Spreads MEA at the Ultimate Fintech Awards.
  • 2023 – Best Forex Broker at the QualeBroker Awards.
  • 2023- Best Broker Middle East at the Forex Expo Dubai.
  • 2023 – Best Trading Experience at the Global Forex Awards.
  • 2023 – Best Trading Conditions at the FxScouts Awards.
  • 2023 – Best Brokerage Outside of the US by the Benzinga Global Fintech Awards.

Tickmill Account Types and Features

 

Tickmill Account Types

 

Our research indicated that Tickmill only offers two live awards, but the accounts are flexible and will suit most traders in the Brazilian trading market.

Raw AccountClassic Account
⚖️AvailabilityAll traders; ideal for professionalsAll traders; ideal for beginners, casual traders, retail traders
📈MarketsAllAll
💳CommissionsFrom $3 per side per standard lotNone; only the spread is charged
💻PlatformsAllAll
📊Trade SizeFrom 0.01 lotsFrom 0.01 lots
📈LeverageForex: 1:1000
Indices: 1:100
Commodities: 1:100
Bonds: 1:100
Crypto: 1:200
Stocks: 1:20
Forex: 1:1000
Indices: 1:100
Commodities: 1:100
Bonds: 1:100
Crypto: 1:200
Stocks: 1:20
💰Minimum Deposit529 BRL ($100)529 BRL ($100)

 

Classic Account

The Classic Account is very flexible and is also commission-free. Spreads on this account start at 1.6 pips with a minimum deposit requirement of only 529 BRL ($100). Leverage can go up to 1:1000.

 

This account type will appeal to novices and the more advanced traders in Brazil since it also has quick order execution, which takes an average of 0.20 seconds.

 

Brazilian traders also have the option to open a demo account and an Islamic Swap-free account with the same features as the Standard account.

 

Raw Account

The Raw account comes with a commission fee of $3 per round lot traded but offers tight spreads starting at 0.0 pips with leverage going up to 1:1000. The minimum deposit requirement for this account is the same as for the Standard account at 529 BRL ($100).

 

The speed and versatility include the 0.20-second average execution speed and the ability to use any trading strategies, including position trading, scalping, hedging, etc. In addition, traders can also open a demo account and an Islamic Swap-free account.

 

Demo Account

On the demo account, Brazilian traders can practice their trading strategies on real-time market data in a risk-free environment that reflects live market conditions.

 

Traders can trade on over 180 instruments, which cover a wide range of asset types, which means they can test out several market strategies. The demo account can also be used on any platform, offering many features and tools to suit different traders’ needs.

 

Islamic Account

The Islamic Swap-free account is another noteworthy product that Tickmill provides. This account type is specifically focused on Muslim traders.

 

This account type is Sharia-compliant, which offers a swap-free trading environment. It is also compatible with both the Classic and Raw accounts.

 

Although traders who register for an Islamic Swap-free account do not pay an overnight fee when positions are held open, we did find that some instruments incur a fee instead of the standard swap or rollover interest if held for more than three nights in a row. 

Yes, the trading conditions are the same. However, please note that demo accounts operate in a simulated environment, so no slippage occurs whereas price updates might differ from live accounts.

Tickmill offers two live account types, Raw and Standard, and an Islamic Account, where any of these can be reverted into a swap-free account.

Overall Rating

Min Deposit

USD 100

Regulators

CySEC, FCA, FSA, FSCA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

How To Open a Tickmill Account

 

We found it extremely easy to register an account with Tickmill. Here are the steps that we followed:

 

Step 1 – Select Signup Account type

 

Tickmill Step 1 - Select Account Type

 

  • First, go to the Tickmill website. Once there, choose “Account Overview” after moving your cursor over the “Trading” option in the main toolbar. This will launch a page allowing you to contrast the features of different retail accounts.

  • Click the green “New Account” banner under the account comparison part after reviewing the account options and choosing the one that best suits your trading style.

 

 Step 2 – Fill in Personal Information

 

Tickmill Step 2 - Fill in Personal Info

 

  • Personal information will be requested of you during the first step in the registration process. Enter your phone number, email address, and Full name according to your government-issued identity documents.

 

 

 Step 3 – Financial information and trading experience

 

Tickmill Step 3 - Financial Info and Trading experience

 

  • You will then come upon a survey, which must be completed. This is a crucial stage since it enables Tickmill to better tailor their services to your demands by gaining insight into your trading skills and experience.

 

Step 4 – KYC and Documents

  • Next, you must complete Tickmill’s KYC process. To verify your identification and home address, provide crisp copies of your government-issued ID and a current utility bill or bank statement.

Yes, you may register for a Tickmill account in Brazil.

It takes around 12 hours to 24 hours to verify ID documents. Once verification is done, the client will be notified via email. This is a one-time verification; you will not be asked to complete verification twice.

Broker Comparison

🥇 Tickmill🥇 JustMarkets🥇 InstaForex
🗺️ RegulatationSeychelles FSA, FCA, CySEC, Labuan FSA, FSCA, DFSACySEC, FSCA, FSA, FSCFCA, BVI FSC, CySEC, FSA SVG
💻 Trading PlatformMetaTrader 4
MetaTrader 5
Tickmill App
CQG
MetaTrader 4
MetaTrader 5
JustMarkets App
MetaTrader 4
MetaTrader 5
WebIFX
InstaForex multi-Terminal
InstaForex WebTrader
InstaTick Trader
InstaForex MobileTrader
💰 Withdrawal feeNoNoneYes
💳 Demo Trading AccountYesYesYes
💰 Minimum Deposit529 BRL ($100)53 BRL ($10)5 BRL ($1)
📊 Leverage1:10001:30001:1000
💰 SpreadsVariable, from 0.0 pipsFrom 0.0 pips0.0 pips
🚀 Commissions$3 per side per 100,000 traded$6 per lot traded0.03% to 0.07%
📊 Margin Call/Stop out100%/30%40%/20%30%/10%
📊Order ExecutionMarketMarketInstant
❌No-Deposit BonusYesYesYes
🪙Cent AccountsNoYesYes
📒 Account TypesRaw Account
Classic Account
MT4 Standard Cent Account
MT4 Standard Account
MT4 Pro Account
MT4 Raw Spread Account
MT5 Standard Account
MT5 Pro Account
MT5 Raw Spread Account
Insta.Standard Trading Account
Insta.Eurica Trading Account
Cent.Standard Trading Account
Cent.Eurica Trading Account
🏛️Colombia SFC RegulationNoNoNo
💰COP DepositsNoYesNo
💻COP AccountNoNoNo
📞Customer Service Hours24/524/724/5
💳Retail Investor Accounts274
☪️Islamic AccountYesYesYes
💰Minimum Trade Size0.01 lots0.01 lots0.01 lots
💸Maximum Trade Size100 lots100 lots100 lots
⏰Minimum Withdrawal Time1 business day1 – 3 hoursInstant
⏲️Maximum Estimated Withdrawal Time2 – 7 business days6 banking daysUp to 6 working days
💳Instant Deposits and Instant Withdrawals?Instant DepositsYes, depositsYes
👉Open AccountOpen AccountOpen AccountOpen Account

Tickmill Trading Platforms

 

Tickmill instruments

 

MetaTrader 4

With its extensive toolbox, we found that Tickmill’s MT4 platform effectively satisfies the requirements of various traders in Brazil.

 

 The platform makes portfolio diversification easier with access to major equities, bonds, commodities, indexes, and even 60 currency pairs. Its superior charting, more than fifty technical indicators, and adaptable layouts provide a strong basis for comprehensive market analysis.

 

Expert advisors (EAs) are a simple tool for Brazilian traders to use for automated trading, and they can also make use of Tickmill’s VPS services, which guarantee reliable trade execution.

 

Because the MT4 platform is available in 39 languages, including Portuguese, more local traders can utilize and access it.

 

MetaTrader 5

The MT5 platform from Tickmill is a notable example of a stable trading option made to meet the demands of the Brazilian market.

 

Being the revised edition of MT4, MT5 offers additional timeframes, enhanced market functioning, and a broader range of instruments for trading, such as stocks and commodities.

 

Traders have a clear advantage because of comprehensive technical indicators, personalized workspaces, and advanced charting tools.

 

The platform’s multi-asset capabilities perfectly fit Brazil’s goals of diversifying its financial markets and luring international investment.

 

Tickmill Mobile App

Tickmill’s mobile trading app, which can be used on Android and iOS devices, is a huge advantage for Brazilian traders who prefer to trade on the go. Its user-friendly design and strong security features like biometric authentication are important draws.

 

The software makes it exceedingly easy to execute trades, monitor positions, and manage accounts from mobile devices. 

 

Traders can stay connected thanks to real-time market data, comprehensive charting tools, and the ability to create and fund new accounts directly from the app.

 

CQG

The CQG trading platform Tickmill offers is a unique and one-of-a-kind platform designed specifically for traders interested in global futures and options markets. Brazilian traders will also benefit hugely from this trading platform.

 

Because CQG’s broad co-located exchange gateways are integrated directly into the platform, traders can be sure that order routing and execution will happen quickly.

 

The program makes handling complicated options trading surprisingly simple with features like the OptionsTrader Dash that can be customized.

 

The platform’s robust charting tools, which include over 90 technical indicators, truly empower data-driven decision-making. The depth of market (DOM) and hybrid order ticket (HOT) features are fantastic for easing order administration.

 

The CQG platform’s compatibility with mobile devices and HTML5 browsers is revolutionary for Brazilian traders seeking round-the-clock market access.

 

Tickmill Social Trading

Another interesting aspect of Tickmill is its social trading platform, which gives Brazilian traders the combined knowledge of a worldwide trading community. Making connections with experienced traders and taking note of their winning strategies can alter everything.

 

Thanks to the platform’s intuitive architecture and powerful filtering features, traders can easily locate and follow traders with similar risk tolerance and trading styles.

 

Trader decision-making is made easier, and trading outcomes are enhanced with real-time trade mirroring and comprehensive performance data. Tickmill’s social trading platform is useful for traders to stay ahead of the competition and pick up tips from the best.

Tickmill Range of Markets

 

Tickmill range of markets

 

Tickmill covers all the basic markets offered, including those indicated in the table:

🔎Instrument⚖️Number of Assets Offered📈Max Leverage Offered
Forex62FCA, CySEC: 1:30, FSA, LFSA, FSCA: 1:1000
Precious Metals5FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:1000
Indices20FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:100
Stocks98FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:20
Cryptocurrency9FCA, CySEC: 1:200, FSA, LFSA, FSCA: 1:200
Energies3FCA, CySEC: 1:10, FSA, LFSA, FSCA: 1:100
Bonds4FCA, CySEC: 1:5, FSA, LFSA, FSCA: 1:100

 

Tickmill Leverage and Margin

We were pleased with the leverage and margin conditions that Tickmill offers. They’ve made the necessary adjustments to give their users great flexibility and the chance to earn sizable profits.

 

For instance, forex traders in Brazil can leverage their positions up to 1:1000. This means that you can hold a far larger investment than you could if you were using just your own money. This is a benefit that investors looking to get as much market exposure as possible would surely appreciate.

 

Leverage isn’t as high for other products but is still competitive: it may be as high as 1:100 for indices and bonds, 1:200 for cryptocurrencies, and 1:20 for stocks.

 

Our research indicated that a broad range of Brazilian traders with varying risk tolerances, trading styles, and degrees of expertise may find these leverage ratios appealing.

 

To guarantee that traders have adequate equity to cover potential losses, margin requirements are also quite open and expressed as a percentage of deal size.

 

Together with their well-defined stop-out (30%) and margin call (100%), this offers Brazilian traders a strong foundation for managing risk. It’s comforting to know that robust measures are in place to protect your funds even in volatile market conditions.

Stocks represent an asset class that allows an investor to own a part of a company and even have voting rights depending on the type of shares issued. Shareholders receive part of the company’s profits based on their shares.

Tickmill provides CFDs on shares of prominent global firms such as Apple, Amazon, and Tesla, with leverage of up to 1:20, allowing Brazilian traders to profit from market moves without owning the assets.

Tickmill Fees

 

Tickmill Trading Fees and Spreads

 

Our research of Tickmill shows that the broker’s fee schedule is transparent and affordable. Below, we give a summary of what Brazilian traders can expect.

 

Tickmill Spreads

Tickmill offers competitive spreads compared to other forex traders in the same class. If Brazilian traders opt to open a Classic Account, they can expect spreads that start from 1.6 pips, and there are no commission charges, which could be desirable for some traders.

 

On the other hand, the Raw Account offers spreads that start at 0.0 pips, but it has commission charges of $3 per round lot. This spread is ideal for those who require pinpoint accuracy in their trading.

 

Tickmill Commissions

The commission structure is also competitive and transparent. As mentioned above, the Raw Account is the only account with commission charges of $3 per side lot and a total of R6 round trip. This can be of great value for high-volume traders in Brazil.

 

Novice traders can rather opt for the commission-free Classic Account, where they deal with a simpler price structure.

 

Tickmill Overnight Fees

Overnight or swap fees are interest charges levied on positions that traders hold onto overnight. It can be either a long or short position, and market conditions determine the specific charge.

 

Traders of the Muslim faith registered for Islamic Swap-free accounts do not pay overnight fees as determined by the Sharia Law.

 

Tickmill Deposit and Withdrawal Fees

This is one huge advantage that customers of Tickmill have over many other forex brokers. They do not charge any deposit or withdrawal fees.

 

This applies to all payment methods. All deposits starting from $5,000 or equivalent, processed in one transaction by bank wire transfer, are included in Tickmill’s zero fees policy.

 

The broker will even cover your transaction fees up to $100 that your bank charges you.

 

Tickmill Inactivity Fees

No inactivity fee charges are another advantage for Brazilian traders. Traders who take a break from trading or do not trade regularly will benefit.

 

Tickmill Currency Conversion Fees

One disadvantage for Brazilian traders is the inability to deposit or withdraw funds in the Brazilian Real (BRL).

 

Tickmill only offers USD, EUR, GBP and ZAR as base currencies on their two account types. Brazilian traders must pay currency conversion fees if they deposit or withdraw funds in BRL.

Tickmill’s Raw Account spreads start from 0.0 pips, providing exceptionally competitive trading conditions for Colombian traders.

No, Tickmill’s Classic Account is commission-free, with trading expenses included in spreads beginning at 1.6 pips.

Tickmill Deposit & Withdrawal Options

 

Our research into Tickmill showed us another advantage of trading with this broker. It offers multiple payment method options for deposits and withdrawals. Let’s take a look at what is on offer.

 

Tickmill withdrawls and deposits

 

💳Payment Method🌎Country🪙Currencies Accepted⏰Processing Time
Bank TransferAllUSD, EUR, GBP, ZAR1 – 7 days
Crypto PaymentsAllEUR, USD, GBPInstant – 1 day
Credit/Debit CardAllUSD, EUR, GBPInstant – 1 day
SkrillAllUSD, EUR, GBPInstant – 1 day
NetellerAllUSD, EUR, GBPInstant – 1 day
SticPayAllUSD, EUR, GBPInstant – 1 day
FasaPayAllUSD, IDRInstant – 1 day
China UnionPayAllCNYInstant – 1 day
WebMoneyAllUSD, EURInstant – 1 day

 

Tickmill Deposits

How to Deposit using Bank Wire Step by Step

  • You need to first log into your client wallet by entering your login credentials.
  • Click on the “Deposit” tab.
  • Select bank wire as your desired deposit method.
  • Enter the deposit amount and choose the base currency.
  • Tickmill will supply their bank information, which you must use to start the transfer.
  • Complete the transaction and upload the receipt to your Tickmill Client Area.

 

How to Deposit using Credit or Debit Card Step by Step

  • Log into your client wallet by entering your login credentials.
  • Click on the “Deposit” tab.
  • Select the credit or debit card option.
  • Provide your card information, the deposit amount, and base currency.
  • Confirm and complete the transaction.

 

How to Deposit using Cryptocurrency Step by Step

  • Log into your client wallet by entering your login credentials.
  • Click on the “Deposit” tab.
  • Select crypto as your payment option.
  • Enter the deposit amount and choose a currency.
  • Tickmill will provide a wallet address for your deposit.
  • Use your cryptocurrency wallet to transfer funds to the address.
  • Upload the transaction ID to the Client Area and wait for your deposit to be processed.

 

How to Deposit using e-Wallets or Payment Gateways Step by Step

  • Log into your client wallet by entering your login credentials.
  • Click on the “Deposit” tab.
  • Choose from Skrill, Neteller, SticPay, FasaPay, China UnionPay, or WebMoney.
  • Enter the deposit amount and choose a base currency.
  • Complete the transaction with your e-wallet.

 

Tickmill Withdrawals

How to Withdraw using Bank Wire Step by Step

  • Enter your credentials on the Tickmill website in your client wallet section.
  • Click on the “Withdrawal” tab.
  • Select bank wire as your withdrawal method.
  • Enter the withdrawal amount and select the base currency.
  • Enter your bank account details.
  • Confirm the withdrawal request.

 

How to Withdraw using Credit or Debit Cards Step by Step

  • Enter your credentials on the Tickmill website in your client wallet section.
  • Click on the “Withdrawal” tab.
  • Select the card withdrawal option.
  • Enter the withdrawal amount and base currency.
  • Enter your card details and confirm your withdrawal.

 

How to Withdraw using Cryptocurrency Step by Step

  • Enter your credentials on the Tickmill website in your client wallet section.
  • Click on the “Withdrawal” tab.
  • Select the cryptocurrency withdrawal option.
  • Enter the withdrawal amount.
  • Enter your cryptocurrency wallet address.
  • Confirm your withdrawal.

 

How to Withdraw using e-Wallets or Payment Gateways Step by Step

  • Enter your credentials on the Tickmill website in your client wallet section.
  • Click on the “Withdrawal” tab.
  • Choose your preferred e-wallet and specify the withdrawal amount.
  • Enter the appropriate e-wallet details.
  • Confirm your withdrawal.

All account types have a minimum deposit of $100 (529 BRL).

Most deposits and withdrawals will instantly reflect in your account. However, in some circumstances, it can take up to a day. Bank wire transfers can take up to 7 days.

Tickmill Educational Resources

 

Tickmill education

 

📅Economic CalendarYes
➡️VPSYes, not free
📊AutoChartistYes
📈Trading ViewNo
📉Trading CentralNo
📜Market AnalysisYes
🖺News FeedYes
📹BlogYes
📕eBooksYes
🎥Educational VideosYes
🗣️Platform TutorialsYes
🤳🏻WebinarsYes
💻SeminarsYes
🗣️Live SupportYes

 

Tickmill also offers the following additional resources and education to traders:

  • Market Insights
  • Market Sentiment
  • Bright Minds Podcast
  • Market Analysis on Reddit
  • Infographics
  • Forex Glossary
  • Forex Calculators
  • ai
  • Tickmill Traders Club
  • Advanced Trading Toolkit
  • Acuity Trading
  • Earnings Calendar

Yes, Brazilian traders can use Tickmill’s VPS service, which provides fast and dependable trade execution, which is particularly beneficial for automated trading techniques. However, traders should note that this service is not free.

The AutoChartist web app analyses charts and patterns to help you pinpoint the best trading opportunities in your browser.

Tickmill Bonuses and Promotions

 

Tickmill bonus

 

Brazilian traders have another advantage when they decide to hook up with Tickmill, as the broker offers several bonuses and promotions that Brazilian traders can benefit from. Through these bonuses, traders can easily boost their initial capital and gain more exposure across several markets.

 

  • Trader of The Month
    The Trader of The Month promotion, rewards traders with exceptional trading skills with cash prizes. Tickmill believes that remarkable achievements deserve special acknowledgment, and every month, they choose the best of the best and award the top-performing trader a $1,000 prize. This will inspire Brazilian traders.

 

  • Tickmill’s NFP Machine
    This promotion allows traders to test their economic knowledge and potentially earn cash rewards, making it an ideal fit for their interest in economic analysis. Brazilian traders can win as much as $500 that will be added to their account if their prediction is spot on.

 

  • $30 Welcome Account
    If you are a first-time trader with Tickmill, you can earn a $30 Welcome bonus that will be added to your registered account. Certain terms and conditions apply to this bonus.

 

  • Trade More, Get More
    This is a structured incentive for active traders, particularly high-frequency traders, offering cash rebates to reduce costs and enhance profitability, demonstrating their commitment to loyalty and participation. Brazilian traders can earn cash rewards for every lot they trade in forex, gold, and silver.

Yes, Tickmill offers a $30 welcome bonus to new Brazilian traders.

Tickmill does not pay a specific refer-a-friend bonus. Still, Brazilian traders who become part of the Introducing Broker (IB) program can get paid for introduction new clients to Tickmill.

Tickmill Affiliate Programs

 

Tickmill affiliate program

 

Features

As experienced reviewers focussing on Brazil, we investigated the Tickmill affiliate program and discovered a lucrative opportunity for traders to boost their earnings.

 

Bringing new clients to the site is the only way to earn unlimited CPA payments when partnering with Tickmill.

 

Tickmill has outstanding trading circumstances, and clients are guaranteed success with the option of huge leverage, attractive spreads starting at 0.0 pips, and ultra-fast order execution.

 

Tickmill also assists its partners in reaching their goals with its extensive suite of marketing tools. Tickmill enhances conversions, while the CellXpert platform allows for real-time performance tracking.

 

To help affiliates get the most out of their programs, dedicated affiliate managers are on hand to offer guidance and support.

 

We believe that offering potential clients the chance to hone their trading skills and knowledge through free trading tools and instructional resources can draw Brazilians.

 

Registration for the affiliate program is simple and only requires a brief online application and a unique referral link.

 

According to our research, Brazilian traders will find the affiliate program appealing due to its simple methodology, robust support system, and available resources from Tickmill.

 

How to Register an Affiliate Account with Tickmill Step-by-Step

To register an affiliate account with Tickmill, Colombian traders can follow these steps:

 

Step 1 – Select Become a Partner and Complete Affiliate details.

 

Tickmill Affiliate Step 1 - Select Become a Partner

 

Step 2 – Complete the online application form with the relevant information. Submit your application and await permission from Tickmill.

 

Tickmill Affiliate Step 2 - Complete online application

 

Step 3 – Once your application is approved, you will be given a unique referral link that you may use to promote Tickmill to potential customers. When someone clicks on your referral link and establishes a real account with Tickmill, you will receive a commission for their trading activity.

An introducing broker (IB) serves as a middleman, advising clients on futures investing and, as needed, referring them to brokers who work on the trading floor. The role of the IB is similar to that of stockbrokers in the equities market.

With Tickmill, traders will partner with a multi-asset regulated broker and leverage its reputation and superior trading conditions.

Tickmill Customer Support

📞Customer Support🗣️Customer Support
⏰Operating Hours24/5
🗣️Support LanguagesEnglish, Malay, Polish, Indonesian, Arabic, Thai, Chinese, Vietnamese, Portuguese
🗨️Live ChatYes
📧Email AddressYes
📞Telephonic SupportYes
🌟The overall quality of their Support3/5

 

Tickmill customer support

 

Tickmill Response Time

Support ChannelAverage Response TimeUser-based Response Time
📞Phone5 minutes2 – 6 minutes
📧EmailSame-daySame-day
🗨️Live ChatInstant2 – 3 minutes
#️⃣Social Media10 minutes7 – 9 minutes
🗣️Affiliate1 working day1 working day

Yes, Tickmill does offer live chat on its website, and clients from Brazil will be assisted in their language of choice.

Tickmill strives to reply to client inquiries on the same day, with live chat responses frequently instant and email responses sent within a few hours.

Tickmill Social Responsibility

 

Tickmill social responsibility

 

Tickmill demonstrates a strong dedication to corporate social responsibility through diverse initiatives, which we thoroughly examined on their website in the “About Us” section.

 

Their commitment to different global communities showcased a well-rounded approach to corporate citizenship. In 2023, their notable efforts included supporting various causes, spanning from local charities to international organizations.

 

Cyprus has been actively pursuing environmental projects that align with the global focus on ecological preservation as it strives for a more sustainable future.

 

The ongoing partnership with the University of Cyprus is a commendable investment in the next generation of financial professionals.

 

We were intrigued by the extensive social engagement of Tickmill. Their dedication to the “Keeping Kids in School” project in Mexico, providing crucial resources to disadvantaged students, showcases a sincere commitment to improving the lives of others.

 

In addition, their involvement with organizations such as the “Off Road Kids Foundation” in Germany and the “One Dream One Wish Association” in Cyprus demonstrates a compassionate approach to addressing social challenges.

 

We were also fascinated by Tickmill’s dedication to nurturing athletic talent by sponsoring the Kyrenia Nautical Club Triathlon Academy. Their commitment to social welfare in Cyprus and beyond is evident through their active participation in organizations such as “Funraising” and “Europa Donna Cyprus.”

 

Our assessment of Tickmill’s CSR initiatives reveals a company that extends its influence beyond its primary operations to benefit society as a whole.

User Comments

Tickmill has a global presence, and we set out to find some user comments that clients worldwide have left. Here are some of the most recent ones:

 

  • “This is my sixth year with Tickmill Pro. Excellent for trading. They constantly enhance and reduce business costs. Small spreads, fast performance. Customer assistance has always been fast and friendly. Tickmill is a reliable broker for novice and experienced traders looking to trade affordably.”

 

  • “Tickmill is working wonderfully for me. I trade generally large FX pairs with fair spreads. The main drawback is that all brokers have a large spread in the morning due to low trading volume. I’ve had no major issues with customer service. Forex exchange Tickmill is reliable.”

 

  • “I’ve used them for three years and they’re the finest broker. If you obey their guidelines, they don’t care how much you make. Conflicts of interest have never occurred. Adding servers and buildings shows they aim to develop.”

Conclusion

Based on our assessment of Tickmill, the broker does offer a set of features and terms that might make it a viable trading partner for traders in Brazil.

 

Tickmill is trustworthy and dependable since it abides by strict regulatory oversight from top authorities like the FCA, Seychelles FSA, CySEC, Labuan FSA, FSCA, and DFSA.

 

The broker provides a wide selection of financial instruments that Brazilians can choose from, allowing them to diversify their portfolio in several ways.

 

With spreads starting at 0.0 pips on the Raw Account lightning-fast execution rates, it will appeal to most Brazilian traders worried about expenses.

 

On the downside, a few things should also be brought to the attention of Brazilian traders. Though a wealth of resources and multilingual support make up for the absence of locally tailored Brazilian service, some traders may find this a small irritation.

 

Brazilian traders should also be aware that even if Tickmill has a transparent price structure, the broker does not accept BRL as a base currency, which means conversion fees will apply.

 

Overall, our experiences with Tickmill are good, and we can recommend it as a great, reliable broker, particularly for Brazilian traders who appreciate reasonable costs and a secure trading environment.

Our Insight

Tickmill provides an easy-to-use platform for trading stocks, indices, and cryptocurrencies. Their customer support is outstanding in terms of service. Their emphasis on education and mobile apps appeals to new traders, although active traders may be put off by potentially higher fees.

 

Our Recommendations 

Tickmill is a versatile and trusted option for all traders. However, there are a few recommendations that we could make in regards to the service offered in Brazil:

  • Add BRL as a base currency for accounts. The elimination of currency conversion costs would simplify transactions for Brazilian traders.

 

  • Adding Brazilian-based webinars, tutorials, and market analysis enhances instruction. We believe localized content can help traders grasp the platform and enhance strategy.

 

  • Being locally regulated would be another benefit and draw in more Brazilian clients.

Tickmill Pros and Cons

✅ Pros❌ Cons
Tickmill is strictly regulated through FCA, Seychelles FSA, CySEC, Labuan FSA, FSCA, DFSADoes not support the local Brazil Real (BRL) as the base currency
Commission-free trading is offered through the Classic AccountNo local regulation
Spreads are competitive and tight, especially on the Raw accountMuslim traders are subject to commissions if they keep a position open for over 3 days
No deposit or withdrawal fees are chargedSpreads on the Classic account are wide
Fast order executionDoes not offer free VPS to clients
MetaTrader 4 and 5 offeredDoes not have 24/7 customer support

 

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Frequently Asked Questions

Tickmill’s deposits are typically processed instantly but could take up to 1 working day.

Yes, Tickmill allows you to trade precious metals and energy, such as gold and oil.

Tickmill has cheap forex fees, with spreads from 0.0 pips and a commission of $3 per lot and side on the Raw Account. The Standard account costs spreads at 1.6 pips and allows for commission-free trading.

Tickmill allows you to trade 60 different Forex pairs.

No, although it accepts various payment methods, there are no localized payment alternatives for Brazilians.

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