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.
- Maryke Myburgh
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
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 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.
Is Tickmill regulated in Brazil?
No, Tickmill is not locally regulated by The Securities and Exchange Commission of Brazil (CVM) but through other reputable regulatory authorities.
Where is the headquarters of Tickmill?
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 Year | 2014 |
🪪Regulation and Licenses | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA |
🌟Ease of Use Rating | 4/5 |
💰Bonuses | Trader of the Month, Tickmill’s NFP Machine, $30 Welcome Bonus, IB Contest, Trade More, Get More |
⏰Support Hours | 24/5 |
📊Trading Platforms | MetaTrader 4, MetaTrader 5, CQG, Tickmill App |
📈Account Types | Classic Account, Raw Account |
💸Base Currencies | USD, EUR, GBP, PLN |
📊Spreads | From 0.0 pips on the Raw Account |
📈Leverage | 1:1000 |
💳Currency Pairs | 62, major, minor, and exotic pairs |
💰Minimum Deposit | 529 BRL ($100) |
💸Inactivity Fee | None |
🗣Website Languages | English, Indonesian, Russian, Arabic, Italian, Thai, Vietnamese, German, Chinese (Simplified), Spanish, Polish, Korean, Malay, Portuguese |
⚖️Fees and Commissions | Spreads from 0.0 pips, commissions from $3 per side, per lot |
📚Affiliate Program | Yes |
🏛️Banned Countries | The United States |
💻Scalping | Yes |
🔎Hedging | Yes |
✴️Trading Instruments | Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, ETFs |
👉 Open Account | Open Account |
Tickmill Regulation and Safety 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 Kingdom | 09592225 | FCA | 1 | 71720 |
Tickmill Europe Ltd | Cyprus | 340249 | CySEC | 2 | 278/15 |
Tickmill South Africa (Pty) Ltd. | South Africa | 2017/531268/07 | FSCA | 2 | FSP 49464 |
Tickmill Ltd. | Seychelles | – | FSA | 3 | SD008 |
Tickmill Asia Ltd. | Labuan | – | LFSA | 3 | MB/18/0028 |
Tickmill UK Ltd. | Dubai | – | DFSA | 2 | F007663 |
Tickmill’s Protection of Client Funds
🛡️Security Measure | 🖺Information |
Segregated Accounts | Yes |
Compensation Fund Member | Yes, FSCS and ICF |
Compensation Amount | FSCS – £85,000 ICF – 20,000 EUR |
SSL Certificate | No |
2FA (Where Applicable) | No |
Privacy Policy in Place | Yes |
Risk Warning Provided | Yes |
Negative Balance Protection | Yes |
Guaranteed Stop-Loss Orders | No |
Will my funds be protected at Tickmill?
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.
Does Tickmill provide negative balance protection?
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
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
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 Account | Classic Account | |
⚖️Availability | All traders; ideal for professionals | All traders; ideal for beginners, casual traders, retail traders |
📈Markets | All | All |
💳Commissions | From $3 per side per standard lot | None; only the spread is charged |
💻Platforms | All | All |
📊Trade Size | From 0.01 lots | From 0.01 lots |
📈Leverage | Forex: 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 Deposit | 529 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.
Are trading conditions the same on the demo and live account?
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.
What account types can I open with Tickmill?
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.
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
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
- 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
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.
Can Brazilian traders open an account with Tickmill?
Yes, you may register for a Tickmill account in Brazil.
How long does it take for the ID verification to be completed?
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 | |
🗺️ Regulatation | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA, DFSA | CySEC, FSCA, FSA, FSC | FCA, BVI FSC, CySEC, FSA SVG |
💻 Trading Platform | MetaTrader 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 fee | No | None | Yes |
💳 Demo Trading Account | Yes | Yes | Yes |
💰 Minimum Deposit | 529 BRL ($100) | 53 BRL ($10) | 5 BRL ($1) |
📊 Leverage | 1:1000 | 1:3000 | 1:1000 |
💰 Spreads | Variable, from 0.0 pips | From 0.0 pips | 0.0 pips |
🚀 Commissions | $3 per side per 100,000 traded | $6 per lot traded | 0.03% to 0.07% |
📊 Margin Call/Stop out | 100%/30% | 40%/20% | 30%/10% |
📊Order Execution | Market | Market | Instant |
❌No-Deposit Bonus | Yes | Yes | Yes |
🪙Cent Accounts | No | Yes | Yes |
📒 Account Types | Raw 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 Regulation | No | No | No |
💰COP Deposits | No | Yes | No |
💻COP Account | No | No | No |
📞Customer Service Hours | 24/5 | 24/7 | 24/5 |
💳Retail Investor Accounts | 2 | 7 | 4 |
☪️Islamic Account | Yes | Yes | Yes |
💰Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
💸Maximum Trade Size | 100 lots | 100 lots | 100 lots |
⏰Minimum Withdrawal Time | 1 business day | 1 – 3 hours | Instant |
⏲️Maximum Estimated Withdrawal Time | 2 – 7 business days | 6 banking days | Up to 6 working days |
💳Instant Deposits and Instant Withdrawals? | Instant Deposits | Yes, deposits | Yes |
👉Open Account | Open Account | Open Account | Open Account |
Tickmill Trading Platforms
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 covers all the basic markets offered, including those indicated in the table:
🔎Instrument | ⚖️Number of Assets Offered | 📈Max Leverage Offered |
Forex | 62 | FCA, CySEC: 1:30, FSA, LFSA, FSCA: 1:1000 |
Precious Metals | 5 | FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:1000 |
Indices | 20 | FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:100 |
Stocks | 98 | FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:20 |
Cryptocurrency | 9 | FCA, CySEC: 1:200, FSA, LFSA, FSCA: 1:200 |
Energies | 3 | FCA, CySEC: 1:10, FSA, LFSA, FSCA: 1:100 |
Bonds | 4 | FCA, 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.
What are stocks?
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.
What are the advantages of trading share CFDs through Tickmill?
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
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.
What are the Spreads for Tickmill's Raw Account?
Tickmill’s Raw Account spreads start from 0.0 pips, providing exceptionally competitive trading conditions for Colombian traders.
Does Tickmill charge commissions for its Classic Account?
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.
💳Payment Method | 🌎Country | 🪙Currencies Accepted | ⏰Processing Time |
Bank Transfer | All | USD, EUR, GBP, ZAR | 1 – 7 days |
Crypto Payments | All | EUR, USD, GBP | Instant – 1 day |
Credit/Debit Card | All | USD, EUR, GBP | Instant – 1 day |
Skrill | All | USD, EUR, GBP | Instant – 1 day |
Neteller | All | USD, EUR, GBP | Instant – 1 day |
SticPay | All | USD, EUR, GBP | Instant – 1 day |
FasaPay | All | USD, IDR | Instant – 1 day |
China UnionPay | All | CNY | Instant – 1 day |
WebMoney | All | USD, EUR | Instant – 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.
What is the minimum deposit that a trader can make?
All account types have a minimum deposit of $100 (529 BRL).
How long do deposits or withdrawals take to reflect in my account?
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
📅Economic Calendar | Yes |
➡️VPS | Yes, not free |
📊AutoChartist | Yes |
📈Trading View | No |
📉Trading Central | No |
📜Market Analysis | Yes |
🖺News Feed | Yes |
📹Blog | Yes |
📕eBooks | Yes |
🎥Educational Videos | Yes |
🗣️Platform Tutorials | Yes |
🤳🏻Webinars | Yes |
💻Seminars | Yes |
🗣️Live Support | Yes |
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
Can Brazilian traders use Tickmill's VPS service?
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.
How does the AutoChartist web app work?
The AutoChartist web app analyses charts and patterns to help you pinpoint the best trading opportunities in your browser.
Tickmill Bonuses and Promotions
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.
Does Tickmill offer a welcome bonus to new traders?
Yes, Tickmill offers a $30 welcome bonus to new Brazilian traders.
Does Tickmill offer a refer-a-friend bonus?
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
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.
Step 2 – Complete the online application form with the relevant information. Submit your application and await permission from Tickmill.
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.
What is the purpose of an introducing broker (IB)??
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.
What are the advantages of becoming a CPA affiliate with Tickmill?
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 Hours | 24/5 |
🗣️Support Languages | English, Malay, Polish, Indonesian, Arabic, Thai, Chinese, Vietnamese, Portuguese |
🗨️Live Chat | Yes |
📧Email Address | Yes |
📞Telephonic Support | Yes |
🌟The overall quality of their Support | 3/5 |
Tickmill Response Time
Support Channel | Average Response Time | User-based Response Time |
📞Phone | 5 minutes | 2 – 6 minutes |
Same-day | Same-day | |
🗨️Live Chat | Instant | 2 – 3 minutes |
#️⃣Social Media | 10 minutes | 7 – 9 minutes |
🗣️Affiliate | 1 working day | 1 working day |
Does Tickmill offer live online chat?
Yes, Tickmill does offer live chat on its website, and clients from Brazil will be assisted in their language of choice.
How quickly does Tickmill reply to client inquiries?
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 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, DFSA | Does not support the local Brazil Real (BRL) as the base currency |
Commission-free trading is offered through the Classic Account | No local regulation |
Spreads are competitive and tight, especially on the Raw account | Muslim traders are subject to commissions if they keep a position open for over 3 days |
No deposit or withdrawal fees are charged | Spreads on the Classic account are wide |
Fast order execution | Does not offer free VPS to clients |
MetaTrader 4 and 5 offered | Does not have 24/7 customer support |
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Frequently Asked Questions
How long do Tickmill Deposits take?
Tickmill’s deposits are typically processed instantly but could take up to 1 working day.
Can I trade commodities like gold and oil with Tickmill?
Yes, Tickmill allows you to trade precious metals and energy, such as gold and oil.
What are the trading fees for Brazilian clients?
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.
How many assets does Tickmill offer for trading in the Forex market?
Tickmill allows you to trade 60 different Forex pairs.
Does Tickmill offer localized payment methods for Brazilian traders?
No, although it accepts various payment methods, there are no localized payment alternatives for Brazilians.