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Tickmill brokerage company has been offering its clients access to financial markets since 2014. The service operates in 14 languages and is regulated in several offshore jurisdictions. How competent is this broker, and what services does it provide?
Tickmill’s range of services
“Exceptional trading conditions” can also be tested on a demo account – the Tickmill broker opens it to everyone. But with opening a real account, even with the presence of all the necessary documents, problems may arise. In some cases, the broker refuses to provide service without explanation.
Trading conditions with a broker
The broker’s official website provides three accounts to choose from. Accounts have some differences between each other, but you can summarize all the terms of cooperation with this company as follows:
- The minimum deposit amount is €100.
- The maximum available leverage is 1:500.
- Micro lots and whole lot trading is available.
- Commissions are charged only for transactions.
Training and analytics
On the broker’s website, according to the reviews left about Tickmill, there is a separate “Education” section. In it, novice traders and experienced investors can get acquainted with webinars, seminars, video tutorials, e-books, infographics, and other educational materials.
For technical analysis, Autochartist and MyFXBook services are connected to the platform. The VPS server is available for trading advisors, as well as one-click trading and a variety of calculators.
Why is it dangerous to cooperate with Tickmill?
The brand has been operating since 2014, and over time it has managed to deceive many gullible users. The office has offshore regulators who will not be able to help in case of loss of funds. In addition, the project’s clients complain about the inability to withdraw funds from the Tickmill website.
Customers are provided with live chat, phone numbers, email, and contact forms. A sufficient number of negative reviews have been left about Tickmill to understand that the company works in bad faith and deceives its customers. Users note that the broker can open knowingly unprofitable trades when trading advisors. It is not recommended to cooperate with the Tickmill broker due to the loss of funds.