Top 8 Locally Based Brokers
Tickmill Review
Overall, Tickmill is considered a low-risk and can be summarised as trustworthy and competitive. Tickmill is regulated by the top-tier DFSA, FCA, and ASIC. Tickmill is currently one of the top-rated platforms with a Trust Score of 81% out of 100 with a rating of 9/10. Tickmill is currently not regulated by the CMA of Kenya
- Louis Schoeman
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.7/5
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Tickmill Review – 16 key points quick overview:
- ✅ Regulation and Safety of Funds
- ✅ Account Types and Features
- ✅ Account Registration
- Tickmill Vs GO Markets Vs Fidelity Investments – Broker Comparison
- Trading and Non-Trading Fees
- Range of Markets
- Broker Comparison for Range of Markets
- Trading and Non-Trading Fees
- Deposits and Withdrawals
- Tickmill Education and Research
- Bonuses and Promotions
- Tickmill Affiliate Program
- Verdict on Tickmill
- Tickmill Current Popularity Trends
- Tickmill Pros and Cons
- Frequently Asked Questions
Tickmil Overview
👉 Overall, Tickmill is a low-risk option for Kenyan traders because of its 81% trust score. While the broker is not publicly traded, Tickmill is well-regulated by reputable entities such as Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA.
👉 Despite its lack of regulation through the Capital Markets Authority (CMA) in Kenya, traders can trust Tickmill. There are just a few tradeable securities available with Tickmill, a standard MetaTrader broker. Tickmill’s VIP and Pro accounts do provide highly attractive commission-based pricing for pros.
👉 Tickmill also provides traders with a wide range of trading tools and instructional resources, including various professional yet simple-to-use trading platforms. In addition to low spreads, huge leverage, and fast execution speeds, Tickmill offers a wide range of CFD currency, stock, commodity, and index CFDs.
👉 This Tickmill review will provide traders with the details that they need to consider whether the broker is suited to their unique trading objectives and needs.
Distribution of Traders
👉 The distribution of traders with Tickmill is as follows:
➡️️ Poland – 14.9%
➡️️ Vietnam – 9%
➡️️ Thailand – 7%
➡️️ Malaysia – 6.2%
➡️️ Qatar – 5.5%
Popularity among traders who choose Tickmill
🥇 Tickmill may not occupy a significant market share in Kenya, but because of its high level of trustworthiness and overall trading conditions, Tickmill is one of the Top 50 brokers for Kenyans.
Tickmill At a Glance
| 🏛 Headquartered | London, United Kingdom |
| 🏙 Kenyan Based Office | No |
| ✅ Accepts Kenyan Traders? | Yes |
| 🗓 Year Founded | 2015 |
| 📞 Kenyan Office Contact Number | None |
| 🤳 Social Media Platforms | • Facebook • YouTube • Telegram |
| ⚖️ Regulation | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA |
| 🪪 License Number | • Seychelles – SD008 • United Kingdom – 733772 • Cyprus – 278/15 • Labuan – MB/18/0028 • South Africa – FSP 49464 |
| ⚖️ CMA Regulation | No |
| 🚫 Regional Restrictions | The United States |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 3 |
| 📊 PAMM Accounts | MAM Accounts |
| 🤝 Liquidity Providers | Barclays and other top-tier banks as well as hedge funds |
| 💸 Affiliate Program | Yes |
| 📲 Order Execution | Market |
| 📊 Average spread | From 0.0 pips |
| 📞 Margin Call | 100% |
| 🛑 Stop-Out | 30% |
| ✅ Crypto trading offered? | No |
| 💰 Offers a Kenyan shilling Account? | No |
| 👨💻 Dedicated Kenyan Account Manager? | Yes |
| 📊 Maximum Leverage | 1:500 |
| 🚫 Leverage Restrictions for Kenya? | No |
| 💰 Minimum Deposit (KES) | 11,400 Kenyan shilling equivalent to $100 |
| ✅ Kenyan shilling Deposits Allowed? | No, only USD, GBP, EUR, IDR, CNY, VND, RUB |
| 📊 Active Kenyan Trader Stats | 70,000+ |
| 👥 Active Kenyan-based Scope Markets Customers | Unknown |
| 💳 Kenya Daily Forex Turnover | $100 million+ |
| 💵 Deposit and Withdrawal Options | • Bank Transfer • Debit Card • Credit Card • Skrill • Neteller • Sticpay • Fasapay • UnionPay • Nganluong • QIWI • WebMoney |
| 🏦 Segregated Accounts with Kenyan Banks? | No |
| 📊 Trading Platforms | • MetaTrader 4 • MetaTrader 5 |
| ✔️ Tradable Assets | • Forex • Stock Indices • Energies • Precious Metals • Bonds • Cryptocurrencies |
| 💸 Offers USD/KES currency pair? | No |
| 📈 USD/KES Average Spread | N/A |
| 📉 Offers Kenyan Stocks and CFDs | None |
| 🗣 Languages supported on Website | English, Indonesian, Russian, Arabic, Italian, Thai, Vietnamese, German, Chinese (Simplified), Spanish, Polish, Korean, Malay, Portuguese |
| 📞 Customer Support Languages | Multilingual |
| ⏰ Customer Service Hours | 24/5 |
| 👥 Customer Support Languages | No |
| ✅ Bonuses and Promotions for Kenyans | Yes |
| 📚 Education for Kenyan beginners | Yes |
| 📱 Proprietary trading software | No |
| 💰 Most Successful Kenyan Trader | Patrick Mahinge (Net Worth – Private) |
| ✅ Is Scope Markets a safe broker for Kenyans? | Yes |
| 📊 Rating for Scope Markets Kenya | 9/10 |
| 🤝 Trust score for Scope Markets Kenya | 81% |
| 👉 Open an account | 👉 Open Account |
Regulation and Safety of Funds
While Tickmill is not regulated by the Capital Markets Authority (CMA) in Kenya, the broker is authorized, regulated, and overseen as follows:
➡️ Seychelles – Tickmill Ltd is regulated and overseen by the Seychelles Financial Services Authority under license number SD008. Act of 2013 created the Financial Services Authority (FSA). Licensing, monitoring, and growth of Seychelles’ non-bank financial services are among the regulator’s primary tasks.
➡️ The United Kingdom – Tickmill UK Ltd is regulated and authorized by the reputable Financial Conduct Authority under FCA Reg 717270. The regulator’s job is to ensure that financial markets function properly to safeguard customers, improve market integrity, and foster competition.
➡️ Cyprus – Tickmill Europe Ltd is an entity that is well-regulated and authorized by the Cyprus Securities and Exchange Commission (CySEC) under license 278/15. CySEC’s mission is to ensure the safety of investors and promote healthy growth in the securities market via the use of effective oversight.
➡️ Labuan – Tickmill Asia Ltd is a brokerage entity that is authorized and regulated through the Labuan Financial Services Authority (Labuan FSA) under MB/18/0028. The regulatory, supervisory, and enforcement authority for foreign business and financial services in Labuan is the Labuan FSA (Labuan FSA). Financial standards must be always maintained by the Labuan IBFC’s regulatory body.
➡️ South Africa – Tickmill South Africa (Pty) Ltd is both authorized and regulated through the reputable Financial Sector Conduct Authority (FSCA) under Financial Service Provider (FSP) license 49464.
Tickmill also has the following additional registrations:
➡️ Federal Financial Supervisory Authority (BaFin) in Germany.
➡️ Commissione Nazionale per le Società e la Borsa (CONSOB) in Italy.
➡️ Autorité de Contrôle Prudential (ACPR) in France.
➡️ Comisión Nacional del Mercado de Valores (CNMV) in Spain.
Tickmill’s directives and memberships include the European Union’s Markets in Financial Instruments (MiFID II) which gives the European Economic Area (EEA) a consistent legal framework for investment services.
The Financial Services Compensation Scheme (FSCS) has accepted Tickmill UK Ltd as a member. Clients may expect compensation up to £85,000 from the Financial Services Compensation Scheme if a business is unwilling or likely to be unable to settle claims against it.
It is a member of the Investor Compensation Fund (ICF). If one or more ICF members fail to perform their duties, the fund seeks to protect covered customers’ claims against the ICF members.
In addition, because of its strict regulation and to ensure that Tickmill can maintain its regulatory licenses, Tickmill must guarantee that all customer monies are held in segregated bank accounts with the most reputable financial institutions in the areas where they do business. Unlike Tickmill’s own funds, these funds can only be utilized by customers for trading purposes.
Account Types and Features
Kenyan traders can open a live Tickmill account and use it to trade a variety of financial markets. It does not matter whether Kenyans are a novice or experienced traders; these accounts will work for all types of traders.
➡️ Pro Account
➡️ Classic Account
➡️ VIP Account
Live Trading Accounts
Pro Account
👉 The Pro Account gives traders some of the greatest trading conditions with the lowest spreads, decent maximum leverage, and low commission charges.
| Account Feature | Value |
| 💰 Minimum Deposit | 11,400 Kenyan shilling or an equivalent to $100 |
| 💵 Minimum Account Balance | None |
| 💳 Base Currency Options | USD, EUR, and GBP |
| 📊 Spreads From | 0.0 pips |
| 📈 Maximum Leverage Ratio | 1:500 |
| 📉 Minimum Lots that can be traded | 0.01 lots |
| 💸 Commission charges | $2 per side per standard lot of 100,000 |
| ✔️ Strategies Allowed | Scalping, hedging, expert advisors, algorithmic trading, auto trading, etc. |
| ☪️ Swap-Free Islamic Account Option | Yes |
Classic Account
👉 For most traders, the Classic Account meets their requirements and preferences. This account type offers the following unique features and trading conditions:
| Account Feature | Value |
| 💰 Minimum Deposit | 11,400 Kenyan shilling or an equivalent to $100 |
| 💵 Minimum Account Balance | None |
| 💳 Base Currency Options | USD, EUR, and GBP |
| 📊 Spreads From | 1.6 pips |
| 📈 Maximum Leverage Ratio | 1:500 |
| 📉 Minimum Lots that can be traded | 0.01 lots |
| 💸 Commission charges | None |
| ✔️ Strategies Allowed | Scalping, hedging, expert advisors, algorithmic trading, auto trading, etc. |
| ☪️ Swap-Free Islamic Account Option | Yes |
VIP Account
👉 The VIP Account is the most expensive kind of account that Tickmill has available. It has new features as well as enhanced trading conditions. A professional trader, active trader, scalper, or high-frequency trader could benefit the most from having this kind of account.
| Account Feature | Value |
| 💰 Minimum Deposit | None |
| 💵 Minimum Account Balance | 5,700,000 Kenyan shilling or an equivalent to $50,000 |
| 💳 Base Currency Options | USD, EUR, and GBP |
| 📊 Spreads From | 0.0 pips |
| 📈 Maximum Leverage Ratio | 1:500 |
| 📉 Minimum Lots that can be traded | 0.01 lots |
| 💸 Commission charges | $1 per side per standard lot of 100,000 |
| ✔️ Strategies Allowed | Scalping, hedging, expert advisors, algorithmic trading, auto trading, etc. |
| ☪️ Swap-Free Islamic Account Option | Yes |
Demo Account
👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital.
👉 There is a certain degree of risk involved when trading financial markets and Tickmill offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.
👉 Tickmill’s demo account provides traders with the opportunity to simulate real-time market circumstances, test tools and trading methods, and hone their trading skills without the risk of losing their money. The trading platforms provided by Tickmill are fully functional and provide a variety of customized tools and features that help traders improve their overall trading skills and experience.
👉 Tickmill offers more than 80 trading instruments, all of which can be traded using a demo account with no risk to the trader’s capital. Traders need to note that the demo account is only accessible if traders actively utilize it. If a demo account is kept inactive for more than seven days, it will expire, and traders must reapply.
👉 Demo accounts may be opened by traders on a single registered and verified email address up to a maximum of seven times.
Islamic Account
👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.
👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
👉 To maintain parity with conventional trading accounts, Islamic trading accounts have the same terms and conditions as conventional trading accounts.
👉 Although trading instruments do not have swaps, there is a handling cost associated with storing many complicated instruments overnight for more than three nights in a row, except in the case of trading instruments.
👉 An email confirmation will be sent to the applicant after their request for an update on the status of the Islamic account has been handled by Tickmill’s Customer Support personnel. Future trading accounts established by traders will be automatically classified as swap-free, removing the need for traders to contact Tickmill repeatedly.
Account Registration
👉 When Kenyan traders want to open an Individual Client Account, they must first complete the online application. Traders are required to supply contact information, as well as job, financial, and other relevant information about themselves.
👉 The traders must validate their email address and show confirmation of their residence as well as their identification once the form has been submitted. This is an integral aspect of Tickmill’s Know Your Client (KYC) procedures and cannot be skipped or circumvented.
👉 After the application and supporting documentation have been evaluated by Tickmill’s customer care department, traders will be able to fund their accounts and begin trading.
👉 When opening a corporate account, extra documentation such as a Certificate of Incorporation, Articles of Association, and other legal papers are required.
Tickmill Vs GO Markets Vs Fidelity Investments – Broker Comparison
| Tickmill | GO Markets | Fidelity Investments | |
| ⚖️ Regulation | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA | ASIC, FSA Seychelles, FSC Mauritius, CySEC | FINRA, SEC |
| 📱 Trading Platform | • MetaTrader 4 • MetaTrader 5 | • MetaTrader 4 • MetaTrader 5 | • Active Trader Pro • Fidelity Mobile |
| 💰 Withdrawal Fee | No | None | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 11,400 KES | 17,000 KES | 100 KES |
| 📈 Leverage | 1:500 | Up to 1:500 | 1:1 |
| 📊 Spread | Variable, from 0.0 pips | From 0.0 pips | None |
| 💰 Commissions | $1 per side per 100,000 traded | From US$2.50 | $0 to $0.03 |
| ✴️ Margin Call/Stop-Out | 100%/30% | 80%/50% | None |
| ✴️ Order Execution | Market | Instant | None |
| 💳 No-Deposit Bonus | Yes | No | No |
| 📊 Cent Accounts | No | No | No |
| 📈 Account Types | • Pro Account • Classic Account • VIP Account | • Standard Account • GO+ Account | • Brokerage Account • Cash Management Account • Brokerage and Cash Management • The Fidelity Account for Businesses • Fidelity Go, and several others |
| ⚖️ CMA Regulation | No | No | No |
| 💳 KES Deposits | No | No | No |
| 📊 Kenyan shilling Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/5 | 24/7 |
| 📊 Retail Investor Accounts | 3 | 2 | 15 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 💵 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | 100 lots | 250 lots | 4x maintenance margin excess |
Trading and Non-Trading Fees
👉 Tickmill offers Kenyan traders a choice between these trading platforms:
➡️ MetaTrader 4
➡️ MetaTrader 5
Desktop Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
👉 User-friendly and customizable, the MetaTrader 4 and 5 platforms are an excellent choice for Kenyan traders. It is simple to use and has a low learning curve, making it appropriate for novice traders as well as more experienced traders alike. It is accessible in a variety of languages and includes a user manual right in the program.
WebTrader Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
👉 There is no need to download, install, or run any other software while using the MetaTrader 4 or 5 WebTrader, which is an online trading platform that provides access to MT4 and 5. MT4 and 5 functionalities are available, however, they are delivered via a web-based interface instead of a desktop application.
👉 Kenyan traders can easily access the platform from anywhere in the globe that has an internet connection by simply opening a new browser window. The internet platform encrypts all data before it is sent, ensuring that all client information remains protected.
Trading App
➡️ MetaTrader 4
➡️ MetaTrader 5
👉 Some of the most up-to-date capabilities offered to traders may be accessed via MT4’s mobile apps. Interactive charts, a complete range of orders, popular analytical tools, and all the features of the desktop version are accessible on the mobile app.
👉 Both MetaTrader 4 and 5 can be downloaded through the respective app stores for Android and iOS. With these powerful, comprehensive apps, positions can be opened, managed, and closed, and market analysis is available. In addition, push notifications can also be configured to notify Kenyan traders of certain events as they occur.
Range of Markets
👉 Kenyan traders can expect the following range of markets from Tickmill:
➡️ Forex
➡️ Stock Indices
➡️ Energies
➡️ Precious Metals
➡️ Bonds
➡️ Cryptocurrencies
Broker Comparison for Range of Markets
| Tickmill | GO Markets | Fidelity Investments | |
| ➡️️ Forex | Yes | Yes | No |
| ➡️️ Precious Metals | Yes | Yes | No |
| ➡️️ ETFs | No | No | Yes |
| ➡️️ CFDs | Yes | Yes | No |
| ➡️️ Indices | Yes | Yes | No |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | Yes | No | No |
| ➡️️ Options | No | Yes | No |
| ➡️️ Energies | Yes | Yes | No |
| ➡️️ Bonds | Yes | No | Yes |
Trading and Non-Trading Fees
Spreads
👉 The kind of spreads traders can anticipate will vary based on their trading strategy. In addition, the trading account, trading circumstances, and the general market conditions on the trading day will all play a role. Among the most common spreads seen by traders are the following:
➡️ Pro Account – 0.0 pips
➡️ Classic Account – 1.6 pips
➡️ VIP Account – 0.0 pips
Commissions
👉 Tickmill applies commission fees on the following trading accounts:
➡️ Pro Account – $2 per side, per 100,000 (standard lot) traded
➡️ VIP Account – $1 per side, per 100,000 (standard lot) traded
Overnight Fees, Rollovers, or Swaps
👉 When it comes to forex trading, swaps represent the overnight interest that traders must pay to maintain an open position the following day.
👉 Kenyan traders who hold positions overnight are subject to interest on the currency they sold and get interested on the currency they bought to keep a position open. Tickmill’s swap rates are derived from the interest rates of the countries involved in a currency pair, as well as the present state of the market.
👉 According to the platform’s time, the swap prices are implemented at midnight. An exchange rate swap is applied to every currency pair, and it is calculated using a standard lot of 100,000 base currency units.
👉 When a trader’s position is left open overnight, it will be given a new “value date” because of the swaps being applied. There will be a triple swap rate every Wednesday night when the new value date for the exchange is shifted to Monday.
👉 Tickmill’s standard overnight costs include the following:
➡️ EUR/USD – a long swap of -3.54 pips and a short swap of 0.39 pips
➡️ USD/JPY – a long swap of -1.21 pips and a short swap of -2.62 pips
➡️ GBP/USD – a long swap of -1.89 pips and a short swap of -3.44 pips
➡️ USD/CHF – a long swap of 0.39 pips and a short swap of -3.71 pips
➡️ USD/CAD – a long swap of -2.42 pips and a short swap of -1.84 pips
➡️ AUD/USD – a long swap of -1.96 pips and a short swap of -1.75 pips
➡️ NZD/USD – a long swap of -0.67 pips and a short swap of -1.96 pips
Other Fees
👉 The Islamic Account, while exempted from overnight charges, is subject to certain commissions when positions are held overnight. These are as follows:
| Financial Instrument | Charge Per lot in USD |
| BRENT, XTI/USD | 0.01 USD |
| LTC/USD | 0.01 USD |
| ETH/USD | 1 USD |
| EUR/CZK, EUR/DKK, EUR/HKD, GBP/CZK, GBP/HKD, USD/CZK, USD/HKD, USD/SEK | 5 USD |
| EUR/HKD, EUR/NOK, EUR/PLN, EUR/SEK, EUR/SGD, GBP/DKK, GBP/HUF, GBP/NOK, GBP/PLN, GBP/SEK, NZD/SGD, USD/CNH, USD/DKK, USD/HUF, USD/NOK, USD/PLN, USD/SGD | 10 USD |
| EUR/MXN, EUR/ZAR, GBP/ZAR, USD/MXN, USD/ZAR | 20 USD |
| BTC/USD | 25 USD |
| EUR/TRY, GBP/TRY, USD/TRY | 50 USD |
Deposits and Withdrawals
Tickmill offers the following deposit and withdrawal methods:
➡️ Bank Transfer
➡️ Debit Card
➡️ Credit Card
➡️ Skrill
➡️ Neteller
➡️ Sticpay
➡️ Fasapay
➡️ UnionPay
➡️ Nganluong
➡️ QIWI
➡️ WebMoney
How to Deposit Funds with Tickmill
To deposit funds to an account with Tickmill, Kenyan traders can follow these steps:
➡️ Kenyan traders can log into their Client Area on the website
➡️ Next, traders can choose a funding option that they prefer
➡️ Traders can provide the amount to deposit, deposit currency, and proceed with any additional steps according to the payment provider
How to Withdraw Funds with Tickmill
Traders can access the withdrawal request form by logging into their client area on the official website. Traders can complete the withdrawal request, submit the form, and wait for their cash to be sent into their bank account after the request has been approved by Tickmill.
The Tickmill Finance Department will respond to all queries within one business day. After-hours, weekend, and public holiday requests will be handled on the next working day.
Traders must remember that they can only utilize the payment method they used to put money into their trading accounts. In addition, if the trader has any open positions, they can still withdraw funds from their trading account.
However, to do this, the trader’s free margin must be greater than the amount requested when moving money from the trading account to the wallet. Traders cannot move funds from a trading account to a wallet if they do not have adequate free margin in their accounts.
Tickmill Education and Research
Tickmill offers the following Educational Materials:
➡️ Webinars
➡️ Seminars
➡️ eBooks
➡️ Video Tutorials
➡️ Infographics
➡️ Forex Glossary
➡️ Fundamental Analysis
➡️ Technical Analysis
➡️ Educational Articles
➡️ Market Insights
Tickmill offers Kenyan traders the following Research and Trading Tools:
➡️ Access to AutoChartist
➡️ Access to Myfxbook Copy Trading
➡️ Economic Calendar
➡️ Forex Calculators
➡️ Tickmill VPS
➡️ Pelican Trading
➡️ Advanced Trading Toolkit
➡️ Acuity Trading
Bonuses and Promotions
Tickmill offers Kenyan traders the following bonuses and promotions:
➡️ Trader of the Month Contest
➡️ Tickmill’s NFP Machine
➡️ $30 Welcome No-Deposit Bonus Account
➡️ The chance to get paid to trade
Tickmill Affiliate Program
Introducing Brokers are used by companies and individuals around the globe to introduce clients to Tickmill. Tickmill gives a commission to all its partners and Introducing Brokers as a way of rewarding them for their patronage.
The simplest way to increase profits through the affiliate program is to sign up as an Introducing Broker since there is no cost to do so.
As a Tickmill Partner, Kenyans can help their clients open a live account and explain the many benefits of trading with Tickmill.
Tickmill offers the following advantages to its partners:
➡️ Partners can $10 per lot traded on a traditional account and $2 per lot traded on either a Pro or VIP account if they promote a new customer.
➡️ A 5% reduction on commission can be earned if the partner advises that their referral create a Pro Account, and the referral completes the registration process.
➡️ There is an IB room, an advanced fund and account management tools available to all partners
➡️ To attract new customers, there are a variety of pre-made advertising and promotional materials available.
Verdict on Tickmill
Tickmill believes that greater social impact can be empowered through Corporate Social Responsibility. Tickmill provides an extensive portfolio of CSR initiatives that focus on supporting global communities along with the social welfare of people and sporting talent.
Some of Tickmill’s most prominent initiatives include the following:
➡️ A pledge towards the Gajusz Foundation for Terminally Ill Children.
➡️ Donations that are made to the Bärenherz Children’s Hospice in Germany.
In addition, Tickmill supports the following organizations and sports teams:
➡️ Keeping Kids in School (KKIS) – An ever-expanding group of volunteers are working together to increase public school graduation rates in Playa del Carmen, Mexico, by offering financial aid and material resources to students as well as creating links with higher education institutions.
➡️ Off-Road Kids – With the aid of a wide variety of specialized programs, the Off-Road Kids Foundation is an international non-profit that provides diverse support to youths who have been displaced by homelessness.
➡️ One Dream, One Wish Association – Cyprus-based non-profit organization dedicated to fulfilling the desires of cancer-stricken children as well as providing financial and emotional assistance to their families.
➡️ Kyrenia Nautical Club Triathlon Academy – This triathlon academy from Kyrenia Nautical Club has excelled in international contests like the Ironman Triathlon because of its unwavering dedication to raising the bar higher and higher.
Tickmill Current Popularity Trends
👉 According to Google Trends, Tickmill has seen an increase in Google Searches in the past month.
Tickmill Pros and Cons
| ✔️ Pros | ❌ Cons |
| Tickmill is well-regulated and has a high trust score | There is no KES-denominated trading account for Kenyan traders |
| There is a choice between three live trading accounts that cater for different traders | There are currency conversion fees charged |
| Tickmill offers flexible funding options | The spreads are not the tightest |
| Traders can expect access to AutoChartist, VPS, and FIX API trading through Tickmill | |
| The minimum deposit requirement is reasonable | |
| Client fund safety is guaranteed, and investor protection is provided | |
| Commission-free trading is offered | |
| There are no fees charged on deposits or withdrawals |
Frequently Asked Questions
Is Tickmill regulated and by whom?
Yes, Tickmill is regulated by Seychelles FSA, FCA, CySEC, Labuan FSA, and the FSCA.
What is the overall rating for Tickmill out of 10?
The overall rating for Tickmill is 9/10.
Is Tickmill suitable for beginner traders?
According to our research Tickmill is not considered an ideal broker for beginner traders
Which deposit currencies can I use to make a deposit?
You can use the following deposit currencies when you make a deposit:
- USD
- GBP
- EUR
- IDR
- CNY
- VND
- RUB
Does Tickmill offer leverage and what is the maximum ratio offered?
Yes, Tickmill offers maximum leverage up to 1:500.
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