Overall, Tickmill can be summarised as a trustworthy and highly regulated Forex Broker that is well-known for its robust trading platforms. Tickmill offers access to distinguishing features including low-cost trading accounts and a competitive fee structure. Tickmill has a trust score of 83 out of 99.
| 🔎 Order Execution | 4/5 |
| 💵 Commissions and Fees | 4/5 |
| 📈 Range of Markets | 3/5 |
| 📉 Variety of Markets | 4/5 |
| ⏰ Withdrawal Speed | 3/5 |
| 🥰 Customer Support | 3/5 |
| 💻 Trading Platform | 4/5 |
| 🖍️ Education | 4/5 |
| 📌 Research | 5/5 |
| 📊 Regulation | 5/5 |
| 📱 Mobile Trading | 5/5 |
| 💯 Trust Score | 83% |
Tickmill Review – Analysis of Brokers’ Main Features
- ☑️ Tickmill Overview
- ☑️ Tickmill Detailed Summary
- ☑️ Tickmill Advantages Over Competitors
- ☑️ Who will Benefit from Trading with Tickmill?
- ☑️ Tickmill Safety and Security
- ☑️ Tickmill Bonus Offers and Promotions
- ☑️ Tickmill Affiliate Program Features
- ☑️ Tickmill Minimum Deposit
- ☑️ Tickmill Account Types and Features
- ☑️ How to Open and Close a Tickmill Account
- ☑️ Tickmill Base Account Currencies and Basic Order Types
- ☑️ Tickmill MAM / PAMM Features
- ☑️ Social Trading with Tickmill
- ☑️ Tickmill Trading Platforms
- ☑️ Which Markets Can You Trade with Tickmill?
- ☑️ Tickmill Fees, Spreads, and Commissions
- ☑️ Tickmill Deposits and Withdrawals
- ☑️ Tickmill Education and Research
- ☑️ Tickmill Customer Support
- ☑️ Tickmill VPS Review
- ☑️ Tickmill Trading Signals
- ☑️ Tickmill Cashback Rebates Features and Conditions
- ☑️ Tickmill Web Traffic Report
- ☑️ Tickmill Sponsorships
- ☑️ Tickmill Geographic Reach and Limitations
- ☑️ Tickmill Best Countries by Traders
- ☑️ Tickmill vs AvaTrade vs easyMarkets
- ☑️ Tickmill Alternatives
- ☑️ Tickmill Awards and Recognition
- ☑️ Our Experience with Tickmill
- ☑️ Tickmill Corporate Social Responsibility
- ☑️ Recommendations according to our in-depth review of Tickmill
- ☑️ Tickmill Customer Reviews
- ☑️ Pros and Cons of Trading with Tickmill
- ☑️ In Conclusion
- ☑️ Frequently Asked Questions
Tickmill Overview
Tickmill has emerged as a trustworthy option for Malaysian traders, adhering to the guidelines established by local regulators.
Furthermore, Tickmill is well-known for its robust trading platforms, including the Tickmill App, MT4 and MT5. One of its distinguishing features is its low-cost trading accounts, which make it financially accessible to a diverse range of traders.
Tickmill has a competitive fee structure, with low forex and non-trading fees. The account opening process is streamlined, fully digital, and provides multiple deposit and withdrawal options.
Tickmill Detailed Summary
| 🔎 Headquartered | London, United Kingdom |
| 🌎 Global Offices | Cyprus, South Africa, Seychelles, Malaysia |
| 📈 Local Market Regulators in Malaysia | Securities Commission of Malaysia (SCM) |
| 📉 Foreign Direct Investment in Malaysia | 15.11 billion USD (2022) |
| 📊 Foreign Exchange Reserves in Malaysia | 103.4 billion USD (July 2025) |
| 📌 Local office in Kuala Lumpur | No, Labuan |
| 📍 Governor of SEC in Malaysia | Shaik Abdul Rasheed Abdul Ghaffour is the Governor of the Central Bank of Malaysia |
| 💹 Accepts Malaysia Traders | ✅Yes |
| 🔢 Year Founded | 2015 |
| ▶️ Malaysia Office Contact Number | Office – +60 87 504 565 Client Support – +60 16 299 9449 |
| 🖥️ Social Media Platforms | Facebook X (prev. Twitter) YouTube Telegram |
| 🖇️ SCM Regulation | No, but it is regulated by the Financial Services Authority of Labuan in Malaysia |
| ❎ Regional Restrictions | The United States |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⏰ Non-expiring Demo | ✅Yes |
| ⏱️ Demo Duration | Unlimited |
| 🔟 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 |
| 📌 OCO Orders | None |
| 🫰🏻 One-Click Trading | ✅Yes |
| 📍 Scalping | ✅Yes |
| 🧱 Hedging | ✅Yes |
| 📉 Expert Advisors | ✅Yes |
| 📰 News Trading | ✅Yes |
| *️⃣ Trading API | ✅Yes |
| #️⃣ Starting spread | From 0.0 pips |
| 📝 Minimum Commission per Trade | $1 per side, per standard lot traded |
| 💹 Decimal Pricing | 5th Decimal after the comma |
| ▶️ Margin Call | 100% |
| ⛔ Stop-Out | 30% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | 100 lots |
| 🪙 Crypto trading offered | ✅Yes |
| ✴️ Offers an MYR Account | None |
| 👤 Dedicated Malaysia Account Manager | None |
| 📊 Maximum Leverage | 1:500 |
| ⛔ Leverage Restrictions for Malaysia | None |
| 💴 Minimum Deposit (MYR) | 465 MYR ($100) |
| 💵 Deposit Currencies | USD, GBP, EUR, IDR, CNY, VND, RUB |
| 💶 MYR Deposits Allowed | None |
| 💷 Account Base Currency | USD, EUR, GBP, PLN |
| 📌 Active Malaysia Trader Stats | 4 million+ |
| 📍 Active Malaysian-based Tickmill customers | Unknown |
| 🔁 Malaysia Daily Forex Turnover | 15 billion USD (Average for August 2025) |
| 💷 Deposit and Withdrawal Options | Bank Transfer Crypto Payments Debit Card Credit Card Skrill Neteller Dotpay PayPal Trustly Sticpay FasaPay UnionPay WebMoney Sofort Rapid (by Skrill) |
| ⏰ Minimum Withdrawal Time | 1 Business Day |
| ⏱️ Maximum Estimated Withdrawal Time | 2 to 7 Business Days |
| 💳 Instant Deposits and Instant Withdrawals | Instant Deposits |
| ↪️ Segregated Accounts with Malaysian Banks | ✅Yes |
| 💻 Trading Platforms | MetaTrader 4 MetaTrader 5 Tickmill Mobile App |
| 🖥️ Trading Platform Time | UTC +02:00 |
| ▶️ Observe DST Change | Yes |
| ⏩ DST Change Time zone | New York Time |
| 📈 Tradable Assets | Forex Stock Indices Energy Indices Precious Metals Bonds Cryptocurrencies Stocks |
| 📉 USD/MYR Average Spread | None |
| 📊 Offers Malaysian Stocks and CFDs | None |
| ⚙️ Languages supported on the Website | English, Indonesian, Russian, Arabic, Italian, Thai, Vietnamese, German, Chinese (Simplified), Spanish, Polish, Korean, Malay, Portuguese |
| 🥰 Customer Support Languages | Multilingual |
| ✔️ Copy Trading Support | ✅Yes |
| ⏰ Customer Service Hours | 24/5 |
| ↪️ Malaysian-based customer support | ✅Yes |
| 🎁 Bonuses and Promotions for Malaysia Traders | ✅Yes |
| 📍Education for Malaysian beginners | ✅Yes |
| 🖥️ Proprietary trading software | ✅Yes |
| 😎 Most Successful Trader in Malaysia | Rayn Lim (Net Worth is private) |
| ⏩ Is Tickmill a safe broker for Malaysian Traders | ✅Yes |
| 🔟 Rating for Tickmill Malaysia | 9/10 |
| 💯 Trust score for Tickmill Malaysia | 83% |
Tickmill Advantages Over Competitors
Tickmill has the following advantages over Competitors:
- ✅ Tickmill’s Pro and VIP account tiers offer pricing that is competitive and advantageous for traders looking for value, making it a compelling option in the trading landscape.
- ✅ Tickmill prioritizes trader security by adhering to regulations from a single premier authority, the FCA of the United Kingdom, as well as three additional secondary jurisdictions. The multi-tiered regulatory oversight enhances its credibility.
- ✅ Unlike many brokers who provide limited MetaTrader functionality, Tickmill offers full access to both the MetaTrader 4 and MetaTrader 5 platforms. This puts it in a good position among MetaTrader-focused brokers.
- ✅ Tickmill provides traders with a wealth of educational resources, including high-quality materials from reputable organizations such as CME. With interactive sentiment data and Acuity Trading widgets, traders are better equipped to make data-driven decisions.
- ✅ Tickmill distinguishes itself by focusing on the specialized needs of professional traders. It provides various cutting-edge platforms and advanced tools for complex trading strategies at various scales.
- ✅ Tickmill improves its analytical capabilities by incorporating the popular TradingView charting tool. This enables traders to conduct in-depth technical analysis while leveraging various functionalities.
Finally, Tickmill expands its clients’ trading options beyond the standard forex and CFD offerings by facilitating access to futures and options markets. This is made possible by seamless integration with well-known platforms such as CQG and AgenaTrader.
Who will Benefit from Trading with Tickmill?
Tickmill is a highly recommended forex broker due to its competitive low fees and robust regulatory framework, which adds an extra layer of security.
The broker is also notable for its cost-effectiveness, making it an excellent choice for traders concerned with transaction costs in both forex and CFD trading.
The streamlined digital account opening process, which provides a quick, easy, and entirely online onboarding experience, adds to its appeal.
Tickmill also improves user convenience by providing commission-free options for deposits and withdrawals, allowing traders to manage their funds without incurring additional fees. Tickmill is a compelling choice for a wide range of traders due to this combination of features.
What are the advantages of trading with Tickmill?
Tickmill has low spreads starting at 0.0 pips and an average execution speed of 0.15 seconds. They have no trading restrictions and no requotes.
Does Tickmill offer a sign-up bonus?
Yes, Tickmill gives new clients who open a live trading account with them a $30 welcome bonus.
Tickmill Safety and Security
Tickmill is not regulated by the Securities Commission of Malaysia (SCM). However, Tickmill’s global regulations are listed in the table below:
Tickmill Global Regulations
| 🔎 Registered Entity | 🌎 Country of Registration | 📌 Registration Number | 📍 Regulatory Entity | 📈 Tier | 📉 License Number/Ref |
| 1️⃣ Tickmill UK Ltd. | United Kingdom | 09592225 | FCA | 1 | 71720 |
| 2️⃣ Tickmill Europe Ltd | Cyprus | 340249 | CySEC | 2 | 278/15 |
| 3️⃣ Tickmill South Africa (Pty) Ltd. | South Africa | 2017/531268/07 | FSCA | 2 | FSP 49464 |
| 4️⃣ Tickmill Ltd. | Seychelles | N/A | FSA | 3 | SD008 |
| 5️⃣ Tickmill Asia Ltd. | Labuan | N/A | LFSA | 3 | MB/18/0028 |
| 6️⃣ Tickmill UK Ltd. | Dubai | N/A | DFSA | 2 | F007663 |
Tickmill Protection of Client Funds
| 🔎 Security Measure | ℹ️ Information |
| 🔒 Segregated Accounts | ✅Yes |
| 🔏 Compensation Fund Member | ✅Yes |
| 🔐 Compensation Amount | FSCS - £85,000 ICF – 20,000 EUR |
| 🔓 SSL Certificate | None |
| 🗝️ 2FA (Where Applicable) | None |
| 🔑 Privacy Policy in Place | ✅Yes |
| 🔒 Risk Warning Provided | ✅Yes |
| 🔏 Negative Balance Protection | ✅Yes |
| 🔐 Guaranteed Stop-Loss Orders | None |
Tickmill Security while Trading
Tickmill provides Malaysian traders with a secure trading environment backed by stringent regulations, including oversight from the Financial Conduct Authority (FCA) of the United Kingdom and local oversight from the Financial Services Authority in Labuan (LFSA).
Tickmill’s compliance with multiple regulatory standards reduces trading risks, although no broker can guarantee absolute security.
The broker also offers additional safety nets, such as compensation in the event of bankruptcy and protection against negative account balances, to ensure that traders will never lose more than their account balance, even in volatile markets.
Nonetheless, Malaysian traders must comprehend the terms of these safeguards and practice prudent risk management. Tickmill’s security features can provide Malaysian traders with a safer trading environment when used appropriately.
Pros and Cons Regulation and Safety of Funds
| ✅ Pros | ❎ Cons |
| Tickmill offers local support and is regulated in Labuan | Tickmill is not regulated by the SCM in Malaysia, which is more reputable than the LFSA |
Is Tickmill a safe broker to trade with?
Yes, Tickmill is a regulated broker concerned about the safety and security of its clients’ funds. Segregated accounts are used to keep client funds separate from company funds.
What is Tickmill’s policy on data protection?
Tickmill takes data security seriously and employs cutting-edge encryption technology to safeguard clients’ personal and financial information.
Tickmill Bonus Offers and Promotions
Tickmill offers Malaysian traders the following bonuses and promotions:
- ✅ Tickmill’s Trader of the Month bonus automatically rewards the best-performing live account holder each month with a $1,000 prize based on profitability and risk management criteria.
- ✅ The Welcome Account Bonus offers new clients an automatically credited trading bonus upon registration, with conditions such as a one-time availability per client and profit withdrawal limits between $30 and $100.
How can I qualify for Tickmill’s bonus offers?
Malaysian traders could meet certain requirements, such as making a minimum deposit or meeting specific trading volume conditions, to qualify for Tickmill’s bonus offers.
Can I withdraw the bonus amount from Tickmill?
No, the bonus amount is typically not withdrawable, but profits from trading with the bonus can be withdrawn after meeting certain trading volume requirements.
Tickmill Affiliate Program Features
Some of the features that Malaysians can expect from Tickmill include the following:
- ✅ Access the IB Room for full fund and account management capabilities, allowing you to monitor your affiliate operations closely.
- ✅ Tickmill’s ready-made advertising and promotional assets can help you effectively market its services to your target audience.
- ✅ When you refer new clients, you earn $10 per regular account transaction and $2 per Pro or VIP account transaction.
If your referral opens a Pro account, you will receive a 5% commission on trading activities.
How to open an Affiliate Account with Tickmill
To register an Affiliate Account, Malaysian traders can follow these steps:
- ✅ Navigate to Tickmill’s website and select your desired jurisdiction from the available options, which include Seychelles, South Africa, the United Kingdom, Malaysia, and Cyprus.
- ✅ Select “Introducing Broker” from the dropdown list when hovering over the “Partnership” tab on the site’s menu.
- ✅ Examine the specifics of Tickmill’s affiliate program on the website, becoming acquainted with its features and requirements.
- ✅ Join the program by clicking the appropriate sign-up or join button.
- ✅ Fill out the application form with accurate personal information and any required skill or experience information.
- ✅ Set up a username and password on Tickmill’s website to complete the Client Area registration.
- ✅ Submit the required documents to confirm your identity and address, as required by Tickmill’s regulatory guidelines.
Access the IB Room after profile verification to activate your affiliate account and explore Tickmill’s full suite of client recruitment resources.
What are the benefits of being an affiliate with Tickmill?
You can earn commissions as a Tickmill affiliate by referring clients to the broker. In addition, Tickmill offers competitive commission rates, marketing materials, and assistance to assist you in promoting their services.
How are affiliate commissions calculated with Tickmill?
Tickmill affiliate commissions are calculated based on various factors, including the trading activity of the referred clients and the affiliate program’s specific terms and conditions.
Can I earn recurring commissions as an affiliate with Tickmill?
Yes, depending on the program’s specific terms and conditions, Tickmill’s affiliate program may offer recurring commissions for referred clients’ ongoing trading activity.
How can I access marketing materials as an affiliate with Tickmill?
Tickmill typically grants affiliates access to a dedicated affiliate portal or dashboard to access marketing materials such as banners, links, and other promotional resources.
Tickmill Minimum Deposit
| 🔎 Live Account | 💶 Minimum Dep. |
| 🥇 Pro Account | 60,000 MYR / $100 |
| 🥈 Classic Account | 60,000 MYR / $100 |
| 🥉 VIP Account | 30.2 million MYR / $50,000 |
Can the minimum deposit be changed after opening an account?
No, the minimum deposit cannot be changed after opening an account.
How long does it take for deposits to be processed?
Deposits are processed in real-time on most payment methods.
Tickmill Account Types and Features
| 🔎 Live Account | 💴 Minimum Dep. | 📊 Average Spread | 💵 Commissions | 💶 Average Trading Cost |
| 🥇 Pro Account | 465 MYR / $100 | 0.0 pips | $4 per lot | 4 USD |
| 🥈 Classic Account | 465 MYR / $100 | 1.6 pips | None | 16 USD |
| 🥉 VIP Account | 232,300 MYR / $50,000 | 0.0 pips | $2 per lot | 2 USD |
Tickmill Pro Account
The Pro Account from Tickmill is an excellent option for Malaysian investors seeking cost-effective trading options, particularly in a select number of currency pairs. Included in this account’s features are as follows:
| 🔎 Account Feature | 📌 Value |
| 💴 Minimum Deposit | 465 MYR / $100 |
| 💵 Minimum Account Balance | None |
| 💶 Base Currency Options | USD EUR GBP PLN (Tickmill UK Ltd. and Tickmill Europe Ltd.) |
| 📈 Spreads From | 0.0 pips |
| 📉 Max Leverage Ratio | Seychelles: 1:500 UK: 1:30 (Retail), 1:500 (Pro) Cyprus: 1:30 (Retail), 1:300 (Pro) Malaysia: 1:500 South Africa: 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 |
Tickmill Classic Account
The Tickmill Classic Account provides beginners in Malaysia with a simplified trading experience without additional commissions. Included in this account’s features are as follows:
| 🔎 Account Feature | 📌 Value |
| 💴 Minimum Deposit | 465 MYR / $100 |
| 💵 Minimum Account Balance | None |
| 💶 Base Currency Options | USD EUR GBP PLN (Tickmill UK Ltd. and Tickmill Europe Ltd.) |
| 📈 Spreads From | 1.6 pips |
| 📉 Maximum Leverage Ratio | Seychelles: 1:500 UK: 1:30 (Retail), 1:500 (Pro) Cyprus: 1:30 (Retail), 1:300 (Pro) Malaysia: 1:500 South Africa: 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 |
Tickmill VIP Account
Tickmill’s VIP Account provides the most advantageous pricing structure for seasoned investors. Included in this account are as follows:
| 🔎 Account Feature | 📌 Value |
| 💴 Minimum Deposit | 232,300 MYR / $50,000 |
| 💵 Minimum Account Balance | $50,000 |
| 💶 Base Currency Options | USD EUR GBP PLN (Tickmill UK Ltd. and Tickmill Europe Ltd.) |
| 📈 Spreads From | 0.0 pips |
| 📉 Maximum Leverage Ratio | Seychelles: 1:500 UK: 1:30 (Retail), 1:500 (Pro) Cyprus: 1:30 (Retail), 1:300 (Pro) Malaysia: 1:500 South Africa: 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 |
Tickmill Demo Account
Tickmill’s demo account allows Malaysians to compare the broker’s services and trading conditions to those of competitors. The demo account has the following notable features:
- ✅ An accurate simulation of real-time trading conditions.
- ✅ A risk-free practice environment for new traders.
The demo does not expire and allows traders to evaluate different account types, pricing models, and financial instruments without actual risk.
Tickmill Islamic Account
Tickmill allows Muslim clients to convert their Classic, Pro, or VIP accounts into Islamic accounts with optimal trading conditions. The following are important aspects of the Islamic account:
- ✅ Except for eliminating swap fees, the terms are similar to standard accounts.
- ✅ Tickmill’s Customer Support will send traders an email confirmation once the Islamic account request has been processed.
All subsequent trading accounts will be designated as swap-free automatically, eliminating the need for additional communication with Tickmill.
Pros and Cons Tickmill Account Types and Features
| ✅ Pros | ❎ Cons |
| Tickmill offers a free demo account | The spreads on the Classic account are wide |
| There is an Islamic Account for Muslim traders | The Islamic Account incurs commissions after three days that an open position is held |
What are the different account types offered by Tickmill?
Tickmill has three account types: Classic, Pro, and VIP. Each account has its own set of features and benefits.
What are the minimum deposit requirements for each Tickmill account type?
The Classic account requires a $100 minimum deposit, the Pro account requires a $100 minimum deposit, and the VIP account requires a $50,000 minimum deposit.
How to Open and Close a Tickmill Account
To open an account with Tickmill, Malaysians can follow these steps:
- ✅ Go to the official Tickmill website.
- ✅ Find the “Create an Account” button on the homepage.
- ✅ This button will take you to a new page where you must enter your personal information, including your full name, email address, phone number, and country of residence.
- ✅ Complete additional sections asking about your employment, financial situation, and prior trading experience.
- ✅ Review and accept the terms and conditions of Tickmill.
- ✅ Tickmill will require you to verify your identity and address as a standard anti-fraud and anti-money laundering precaution. You must upload a government-issued ID (such as a passport or driver’s license) and a recent utility bill or bank statement with your name and address on it.
Tickmill will activate your account upon verifying your documents, allowing you to deposit funds and begin trading.
What are the requirements to open an account with Tickmill?
Clients must be at least 18 years old and provide proof of identity and address to open an account with Tickmill.
How long does it take to open an account with Tickmill?
Tickmill’s account opening process is quick, simple, and entirely digital. It is usually completed in less than 5 minutes.
To close a live trading account with Tickmill, Malaysian traders can follow these steps:
- ✅ Sign into your account on Tickmill.
- ✅ Ensure that all your trading positions are closed and that no remaining funds are in your account. If there are leftover funds, you should withdraw them.
- ✅ Contact Tickmill’s customer service via email, live chat, or telephone to cancel your account. They may request email verification for security purposes.
After processing your request, you will receive confirmation that your account has been closed successfully.
How long does it take to close an account with Tickmill?
Account closure is typically completed within a few minutes up to 24 hours.
Can clients reopen a closed account with Tickmill?
No, an account that has been closed cannot be reopened.
Tickmill Base Account Currencies and Basic Order Types
Tickmill accepts USD, EUR, GBP, and PLN as base currencies (for Tickmill UK Ltd. and Tickmill Europe Ltd.).
On the other hand, the lack of a MYR-denominated trading account can disadvantage Malaysians with MYR bank accounts, especially since other international brokers frequently offer a broader range of account currencies.
Malaysians trading with Tickmill might have to convert their local currency to one of the available base currencies, which may result in additional fees that affect overall trading costs and profitability.
As a result, traders are encouraged to carefully consider currency conversion costs and assess their needs before selecting Tickmill as their broker of choice.
Tickmill Basic Order Types include:
- ✅ A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your price chart. If you place a market order, you will be immediately entered at the best available price.
- ✅ Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at the market to enter the trade immediately.
- ✅ A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
- ✅ This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.
Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.
Tickmill MAM / PAMM Features
Tickmill’s MT4 Multiterminal interface offers specialized Multi-Account Manager (MAM) functionality. This feature is advantageous for professionals managing multiple trading accounts and is designed specifically for MetaTrader 4 platform users who are financial managers.
Using MAM, these managers can efficiently execute bulk orders through a master account with a single mouse click. The orders are then allocated to sub-accounts in real-time, streamlining the management process.
Does Tickmill offer MAM / PAMM accounts?
Yes, Tickmill provides MAM / PAMM accounts to professional traders.
What are the requirements to open a MAM / PAMM account with Tickmill?
To open a MAM / PAMM account with Tickmill, traders must meet certain criteria, including a $10,000 minimum account balance and at least three years of trading experience.
Social Trading with Tickmill
Tickmill integrates an innovative social trading feature called AutoTrade into its Myfxbook platform. It is essential to note that the UK operations of Tickmill do not currently support this feature.
In addition to AutoTrade, Tickmill provides the MQL5 Signals system, which can be accessed directly through the MetaTrader 4 platform. This system is a priceless asset, providing traders with timely alerts and enabling them to make well-timed trading decisions across multiple asset markets.
What are the benefits of social trading with Tickmill?
Social trading allows traders to learn from other traders and can be an excellent way for new traders to get started.
How does social trading work with Tickmill?
Myfxbook AutoTrade allows traders to follow and copy the trades of other traders. Tickmill also has a social trading leaderboard, allowing traders to see how other traders perform.
Tickmill Trading Platforms
Tickmill offers Malaysian traders a choice between these trading platforms:
- ✅ MetaTrader 4 (MT4)
- ✅ MetaTrader 5 (MT5)
- ✅ Tickmill App
Tickmill MetaTrader 4 (MT4)
MetaTrader 4 (MT4) is a widely recognized and reliable trading platform that has gained popularity among traders. It offers an intuitive user interface, making it accessible to traders of all skill levels, with essential tools for trading, such as rapid order execution, various charting utilities, algorithmic trading capabilities, and extensive customization options.
Tickmill provides the basic MT4 platform but allows users to enhance its features at an additional cost. However, some Malaysian traders may find the interface of MT4 slightly outdated, and certain functions might require extra effort to navigate through.
MT4 supports standard order types, including Market orders where trades are executed instantly at current market prices.
Furthermore, Limit orders allow buying or selling assets at preset price levels, while stop orders are used when specific conditions trigger buy/sell actions. In addition, the trailing stop feature helps protect profits by adjusting the stop-loss level accordingly.
Tickmill MetaTrader 5 (MT5)
Tickmill offers the popular MetaTrader 5 (MT5) platform, an advanced version of MT4 designed for experienced traders who require more sophisticated trading functionalities.
Launched in 2010, MT5 is highly regarded for its superior back-testing features that facilitate automated trading algorithms. The platform also includes integrated utilities like real-time news updates, market depth indicators, economic calendars, and chart-based trading capabilities.
Tickmill offers its clients the standard version of the highly powerful MT5 platform, with no other versions or specific features unavailable.
Furthermore, Tickmill integrates this state-of-the-art technology into a range of products to expand asset offerings and meet the needs of esteemed Malaysian traders looking for advanced tools to enrich their trading journey.
Tickmill App
With the Tickmill Mobile App, traders can effortlessly handle their trading activities. The app provides streamlined account and fund management features, making it easy to navigate through various functionalities.
Traders can securely login using fingerprint or facial recognition and perform important tasks such as depositing and withdrawing funds, checking real-time account balance and equity, and monitoring trading positions.
Additionally, the app enables comprehensive management of live trading accounts by facilitating document handling and offering access to support via live chat. Its user-centric design ensures convenient accessibility to account and fund management even from mobile devices.
Pros and Cons Tickmill Trading Platforms
| ✅ Pros | ❎ Cons |
| Tickmill offers robust features through its mobile app | While the Tickmill app is useful, it does not support trading functions yet |
Can clients use the MT4 and MT5 platforms simultaneously with Tickmill?
Yes, clients can use both the MT4 and MT5 platforms simultaneously.
Are there any fees for using the trading platforms with Tickmill?
No, there are no fees for using Tickmill’s trading platforms.
Which Markets Can You Trade with Tickmill?
Malaysian traders can expect the following range of markets from Tickmill:
- ✅ Forex
- ✅ Stock Indices
- ✅ Energies
- ✅ Precious Metals
- ✅ Bonds
- ✅ Cryptocurrencies
Financial Instruments and Leverage offered by Tickmill
| 🔎 Instrument | 🅰️ Number of Assets Offered | 🅱️ Max Leverage Offered |
| 📈 Forex | 62 | FCA, CySEC: 1:30 FSA, LFSA, FSCA: 1:500 |
| 🪙 Precious Metals | 4 | FCA, CySEC: 1:20 FSA, LFSA, FSCA: 1:500 |
| 📉 Indices | 23 | FCA, CySEC: 1:20 FSA, LFSA, FSCA: 1:100 |
| 📊 Stocks | 98 | FCA, CySEC: 1:20 FSA, LFSA, FSCA: 1:20 |
| 🪙 Cryptocurrency | 8 | 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 |
Broker Comparison for a Range of Markets
| 🔎 Broker | 🥇 Tickmill | AvaTrade | easyMarkets |
| 📈 Forex | ✅Yes | ✅Yes | ✅Yes |
| 💎 Precious Metals | ✅Yes | ✅Yes | ✅Yes |
| 📉 ETFs | None | ✅Yes | None |
| 📊 CFDs | ✅Yes | ✅Yes | ✅Yes |
| 💱 Indices | ✅Yes | ✅Yes | ✅Yes |
| 💹 Stocks | ✅Yes | ✅Yes | ✅Yes |
| 🪙 Cryptocurrency | ✅Yes | ✅Yes | ✅Yes |
| 📝 Options | None | ✅Yes | None |
| 💡 Energies | ✅Yes | ✅Yes | ✅Yes |
| 🗂️ Bonds | ✅Yes | ✅Yes | None |
Pros and Cons Tickmill Range of Markets
| ✅ Pros | ❎ Cons |
| Malaysians can trade almost 100 stock CFDs from top exchanges globally | Tickmill has a limited product portfolio when compared to other brokers |
What are the trading conditions for forex trading with Tickmill?
Tickmill provides forex traders with low spreads starting at 0.0 pips, competitive leverage, and fast execution.
What are the trading conditions for commodity trading with Tickmill?
Tickmill provides commodity traders with low spreads starting at 0.1 pips, competitive leverage, and fast execution.
Tickmill Fees, Spreads, and Commissions
Tickmill Spreads
The spreads at Tickmill may vary due to several factors, such as the Trader’s strategy, account type, specific trading conditions, and the current market environment. Here are the typical spreads for different types of accounts:
- ✅ Pro Account – 0.0 pips
- ✅ Classic Account – 1.6 pips
- ✅ VIP Account – 0.0 pips
Tickmill Commissions
Tickmill’s Classic Account provides commission-free trading, as the broker includes its expenses in the spread. Nevertheless, commission charges may apply to the subsequent accounts:
- ✅ Pro Account: $2 per side, per 100,000 (standard lot) traded
- ✅ VIP Account: $1 per side, per 100,000 (standard lot) traded
In the case of Islamic Accounts, swap fees are not charged; however, overnight commissions still apply. The applicable commissions for particular financial instruments are listed below (in USD per lot):
| 🔎 Financial Instrument | 📌 Charge Per lot in USD |
| 📈 BRENT, XTI/USD | 0.01 USD |
| 📉 LTC/USD | 0.1 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 |
Tickmill Overnight Fees
In forex trading, overnight position holding may incur swap fees. These rates are calculated by Tickmill using the interest rates of the countries involved in the currency pair and the current market conditions.
At midnight EST, swaps are executed with a standard lot size of 100,000 base currency units. The swap rates for diverse instruments are as follows:
| 🔎 Instrument | ↪️ Long (Buy) Swap | ➡️ Short (Sell) Swap |
| 💴 EUR/USD | -6.62 pips | 3.52 pips |
| 💵 USTEC | -0.52 pips | 0.26 pips |
| 💶 XAU/USD | -29.59 pips | 12.27 pips |
| 💷 XAG/USD | -4.05 pips | 2.9 pips |
| 💴 EURBOBL | -0.49 pips | -4.76 pips |
| 💵 BTC/USD | 0 pips | 0 pips |
Tickmill Deposit and Withdrawal Fees
Tickmill does not charge fees for deposits or withdrawals, allowing Malaysian traders to manage their funds without incurring additional expenses.
Tickmill Inactivity Fees
Tickmill does not charge inactivity fees, allowing traders to maintain their accounts without penalties.
Tickmill Currency Conversion Fees
Malaysian traders should be aware that conversion fees may apply when depositing or withdrawing funds in MYR. For a clear understanding of overall trading expenses, it is advisable to consider these potential costs.
Pros and Cons Tickmill Trading and Non-Trading Fees
| ✅ Pros | ❎ Cons |
| Tickmill has a transparent fee schedule | Tickmill charges currency conversion fees |
| There are no fees charged on deposits or withdrawals | The best trading conditions are available on the VIP Account, which has a high minimum deposit of $50,000 / 232,300 MYR |
What are the fees for trading with Tickmill?
Tickmill is a low-cost forex and CFD broker because it charges low forex and non-trading fees.
Does Tickmill charge commissions for trading?
Yes, for Pro and VIP account holders, Tickmill charges a per-trade commission. A commission is not charged to Classic account holders.
Tickmill Deposits and Withdrawals
Tickmill offers Malaysian traders the following deposit and withdrawal methods:
- ✅ Bank Transfer
- ✅ Crypto Payments
- ✅ Debit Card
- ✅ Credit Card
- ✅ Skrill
- ✅ Neteller
- ✅ Dotpay
- ✅ PayPal
- ✅ Trustly
- ✅ Sticpay
- ✅ FasaPay
and many more!
How to make a Deposit with Tickmill
To deposit funds to an account with Tickmill, Malaysian traders can follow these steps:
- ✅ To access the Client Portal on Tickmill’s official website, utilize your registered login details.
- ✅ Locate and click on the ‘Funds Management’ section once logged in, then proceed by selecting the ‘Deposit Funds’ option.
- ✅ Next, you will be presented with a list of payment methods offered by Tickmill. From there, simply choose your desired method.
- ✅ Next is choosing which trading account you would like to deposit funds into.
Lastly, select your preferred currency for making the deposit and carefully adhere to any further instructions specified by your chosen payment provider.
How long do Tickmill Deposits take?
Typically, deposits into Tickmill accounts are instantaneous, allowing traders to begin trading immediately.
Is there a minimum deposit required to open an account with Tickmill?
Yes, depending on the account type, the minimum deposit required to open an account with Tickmill varies from $100 for the Classic and Pro Accounts to $50,000 for the VIP Account.
Is there a fee for depositing with Tickmill?
No, Tickmill does not charge any deposit fees.
How to Withdraw from Tickmill
To withdraw funds from an account with Tickmill, Malaysian traders can follow these steps:
- ✅ Access the Client Area on Tickmill’s official website using your login information.
- ✅ Locate and fill out the withdrawal request form available within the Client Area.
- ✅ Submit the withdrawal request and wait for the funds to be transferred to your specified bank account.
- ✅ Tickmill’s Finance Department will process all withdrawal requests within one business day.
- ✅ It’s crucial to note that withdrawals must be made through the same payment method used for deposits.
- ✅ You may need to move funds from your trading account to your wallet if you have open trading positions.
When transferring funds, ensure your free margin exceeds the withdrawal amount. The transfer will be denied if the free margin is insufficient until the appropriate account is selected.
How long do Tickmill Withdrawals take?
Withdrawals are generally processed within one business day by Tickmill.
Is there a minimum withdrawal amount with Tickmill?
Yes, depending on the withdrawal method, the minimum withdrawal amount with Tickmill starts from 25 USD or the equivalent in other currencies.
Can I use PayPal to withdraw from Tickmill?
Depending on the regulatory entity through which you registered and your region, you can use PayPal for withdrawals from Tickmill.
Tickmill Deposit Currencies, Deposit and Withdrawal Processing Times
| 🔎 Payment Method | 💰 Deposit Currencies | 📈 Deposit Processing | 📉 Withdrawal Processing | 🪙 Min Deposit | 💸 Min Withdrawal |
| 💴 Bank Transfer | USD, EUR, GBP | 1 working day | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| 💵 Debit Card | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| 💶 Credit Card | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| 💷 Skrill | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| 💴 Neteller | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| 💵 Dotpay | PLN | Instant | 1 working day | 100 PLN | 25 PLN |
| 💶 PayPal | USD, EUR, GBP, PLN, CHF | Instant | 1 working day | 100 USD, EUR, GBP, PLN, CHF | 25 USD, EUR, GBP, PLN, CHF |
| 💷 Trustly | EUR, GBP, NOK, PLN, SEK, CZK, DKK | Instant | 1 working day | 100 EUR, GBP, NOK, PLN, SEK, CZK, DKK | 25 EUR, GBP, NOK, PLN, SEK, CZK, DKK |
| 💴 Sticpay | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| 💵 FasaPay | USD, IDR | Instant | 1 working day | 100 USD, 1,500,000 Rp | 25 USD |
| 💶 UnionPay | CNY | Instant | 1 working day | 700 CNY, 100 EUR, USD, GBP | 25 USD, EUR, GBP |
| 💷 WebMoney | USD, EUR | Instant | 1 working day | 100 USD, EUR | 25 USD, EUR |
| 💴 Sofort | EUR, GBP | Instant | 1 working day | 100 EUR, GBP | 25 EUR, USD |
| 💵 Rapid (by Skrill) | EUR, PLN, GBP, USD | Instant | 1 working day | 100 EUR, PLN, GBP, USD | 25 EUR, PLN, GBP, USD |
Broker Comparison – Deposit and Withdrawals
| 🔎 Broker | 🥇 Tickmill | 🥈 AvaTrade | 🥉 easyMarkets |
| ⏰ Minimum Withdrawal Time | 1 Business Day | 24 to 48 Hours | Instant |
| ⏱️ Maximum Estimated Withdrawal Time | 2 to 7 Business Days | Up to 10 days | Up to 5 Days |
| ⏲️ Instant Deposits and Instant Withdrawals | Instant Deposits | No | Yes |
Pros and Cons Tickmill of Deposits and Withdrawals
| ✅ Pros | ❎ Cons |
| There is an industry-standard $100 / 465 MYR minimum deposit | Tickmill does not offer local payment methods for Malaysians |
| There are no fees charged on Tickmill’s deposits or withdrawals | MYR is not a supported deposit or withdrawal currency |
| Tickmill has instant deposits on e-wallets | There are no instant withdrawals |
Is there a fee for making a deposit or withdrawal with Tickmill?
No, Tickmill does not charge deposit or withdrawal fees.
What are the withdrawal options available for Tickmill clients?
Clients of Tickmill can withdraw funds via Skrill, Neteller, FasaPay, and UnionPay.
Tickmill Education and Research
Tickmill offers the following Educational Materials to Malaysian traders:
- ✅ Webinars
- ✅ Seminars
- ✅ eBooks
- ✅ Video Tutorials
- ✅ Infographics
- ✅ Forex Glossary
- ✅ Fundamental Analysis
- ✅ Technical Analysis
and much, MUCH more!
Tickmill also offers Malaysian traders the following additional Research and Trading Tools:
- ✅ Access to AutoChartist
- ✅ Access to Myfxbook Copy Trading
- ✅ Economic Calendar
- ✅ Forex Calculators
- ✅ Tickmill VPS
- ✅ Pelican Trading
- ✅ Advanced Trading Toolkit
and much, MUCH more!
Tickmill Research and Trading Tool Comparison
| 🔎 Broker | 🥇 Tickmill | 🥈 AvaTrade | 🥉 easyMarkets |
| 📈 Economic Calendar | ✅Yes | ✅Yes | ✅Yes |
| 📉 VPS | ✅Yes | None | None |
| 📊 AutoChartist | ✅Yes | None | None |
| 🖥️ Trading View | None | None | ✅Yes |
| 💻 Trading Central | None | ✅Yes | ✅Yes |
| 💹 Market Analysis | ✅Yes | ✅Yes | ✅Yes |
| 📰 News Feed | ✅Yes | ✅Yes | ✅Yes |
| 📌 Blog | ✅Yes | ✅Yes | ✅Yes |
Pros and Cons Tickmill Education and Research
| ✅ Pros | ❎ Cons |
| Tickmill offers a comprehensive suite of educational materials | Traders cannot get free VPS from Tickmill |
Does Tickmill provide webinars for education?
Yes, Tickmill provides multilingual educational webinars led by industry experts to help traders improve their knowledge and skills.
How can Tickmill help me improve my trading skills?
Tickmill offers educational resources such as eBooks and webinars to assist traders in learning new strategies and gaining insights from industry experts.
Tickmill Customer Support
| 🔎 Customer Support | 🥇 Tickmill 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 |
| 5️⃣ The overall quality of Tickmill Support | 3/5 |
Pros and Cons Tickmill Customer Support
| ✅ Pros | ❎ Cons |
| Malaysian traders have access to local customer support | Customer support is not available 24/7 |
How can I contact Tickmill’s customer support?
Tickmill’s customer service can be reached via their website using the live chat feature, emailing, or calling their dedicated support phone number.
Can I get technical support from Tickmill?
Yes, Tickmill’s customer support team can help with trading platforms, account-related issues, and other technical questions.
Tickmill VPS Review
Tickmill offers a dependable Virtual Private Server (VPS) solution 24 hours a day, seven days a week. Tickmill’s VPS provides traders with numerous benefits, including a 20% discount on all packages, quick customer support access, a 100% uptime guarantee, and the ability to trade continuously and precisely.
Is there a fee for using Tickmill’s VPS service?
Yes, Tickmill might charge a fee for using their virtual private server (VPS) service.
Can I use Tickmill’s VPS service with any trading platform?
Yes, Tickmill’s virtual private server (VPS) service is compatible with popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Tickmill Trading Signals
Tickmill provides the Signal Centre Tool, a comprehensive platform for traders seeking market intelligence and trading ideas. Furthermore, Tickmill optimizes trading outcomes through human expertise and AI analytics.
Traders can receive daily trading tips, entry and exit points, and stop-loss and target levels for various assets such as indices, equities, forex, commodities, and digital currencies by integrating the Signal Centre Tool into their MT4/MT5 platforms.
How can I access Tickmill’s trading signals?
Tickmill’s trading signals are available via their trading platform or their website.
Are Tickmill’s trading signals generated by humans or algorithms?
Tickmill’s trading signals are typically generated by a combination of experienced traders and algorithms, combining human expertise with automated analysis.
Tickmill Cashback Rebates Features and Conditions
Tickmill offers cashback rebates on all its accounts, including Classic, ECN Pro, and VIP, with maximum rebates of $7.74 per lot. These rebates are only available to traders who meet certain monthly forex trading volumes. The following are the rebate tiers:
- ✅ Tier 1: 0 to 1,000 lots = $0.25 each
- ✅ Tier 2: 1,000 to 3,000 lots = $0.50 each
- ✅ Tier 3: 3,000 lots or more = $0.75 per lot
These rebates do not apply to accounts registered with Tickmill entities in Cyprus (CySEC), South Africa (FSCA), or Labuan (FSA). To be eligible for the rebate program, traders must open a new live MT4 account and deposit at least $100.
How do Tickmill’s cashback rebates work?
Tickmill’s cashback rebates are typically based on a client’s trading volume. The more a client trades, the more cashback they can earn.
How often does Tickmill pay out cashback rebates?
Tickmill’s cashback rebates are typically paid monthly, but the exact payment frequency could vary.
Tickmill Web Traffic Report
| 🌎 Global Rank | 92,807 |
| 📈 Country Rank | 7,813 |
| 📉 Category Rank | 154 |
| 📊 Total Visits | 526K |
| ↪️ Bounce Rate | 39.84% |
| 📌 Pages per Visit | 4.54 |
| 📍 Average Duration of Visit | 00:05:36 |
Tickmill Sponsorships
Sponsorship of SK Kadrina – International Wrestling Competition, 2017
Tickmill proudly sponsored the Estonian wrestling team, SK Kadrina, in an international wrestling competition held in Arad, Israel, from October 31 to November 6, 2017.
The tournament, organized in memory of Lieutenant Hanan Barak, attracted international wrestlers from around the globe. Members of SK Kadrina achieved remarkable results, securing second and third places in various weight classes.
The team’s performance resonated with Tickmill’s core values, earning them enthusiastic support.
Madrid Master Trading – April 6, 2019
Tickmill was a key sponsor at the Madrid Master Trading event, one of Spain’s largest industry gatherings, held on April 6, 2019, at the Hotel “Ilunion Pío XII” in Madrid.
The event served as a platform for Tickmill to strengthen its existing relationships and forge new ties with clients, business partners, and industry experts. The company showcased its award-winning products and services and educational resources designed to enhance the trading experience.
Carlos Valverde, Tickmill’s expert technical analyst, was among the featured speakers, offering valuable insights on financial intelligence and management for retail traders.
Kyrenia Nautical Club Triathlon Team Sponsorship – 2019
In 2019, Tickmill sponsored the Kyrenia Nautical Club Triathlon Team at the IRONMAN 70.3 event in Costa Navarino, Greece. The sponsorship followed the team’s impressive performance at the Agia Napa Triathlon.
Celebrating the team’s exceptional achievements, Tickmill highlighted the values of dedication and teamwork, which the company holds in high regard.
Tickmill Geographic Reach and Limitations
Tickmill’s Current Expansion Focus
Tickmill is currently expanding across Europe, Asia, and Africa.
Countries not accepted by Tickmill
Tickmill does not accept traders from the United States.
Popularity among Malaysian traders who choose Tickmill
Tickmill is one of the Top 10 Forex and CFD brokers for traders in Malaysia.
Is Tickmill available in the United States?
No, due to regulatory constraints, Tickmill does not accept clients from the United States.
Does Tickmill have any limitations on trading?
No, Tickmill has no trading restrictions and supports scalping, hedging, arbitrage, EAs, and algorithms.
Tickmill Best Countries by Traders
| 🔎 Country | 📈 Market Share |
| 1️⃣ Saudi Arabia | 11.07% |
| 2️⃣ Poland | 9.45% |
| 3️⃣ Malaysia | 9% |
| 4️⃣ Egypt | 5.93% |
| 5️⃣ Vietnam | 5.58% |
Tickmill vs AvaTrade vs easyMarkets
| 🔎 Broker | 🥇 Tickmill | 🥈 AvaTrade | 🥉 easyMarkets |
| 🔎 Regulation | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA, DFSA | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, FRSA, CySEC, ISA | BVI FSC, CySEC, ASIC, FSA |
| 💴 Withdrawal Fee | None | None | None |
| 🆓 Demo Account | ✅Yes | ✅Yes | ✅Yes |
| 💵 Min Deposit | 465 MYR | 465 MYR | 116 MYR |
| 📈 Leverage | 1:500 | 1:400 (Pro) | Up to 1:400 |
| 📉 Spread | Variable, from 0.0 pips | Fixed, from 0.9 pips | Fixed, 0.03 USD |
| 💷 Commissions | $1 per side per 100,000 traded | None | None |
| ⛔ Margin Call/Stop-Out | 100%/30% | 25%/10% | 70%/30% |
| 💹 Order Execution | Market | Instant | Market |
| 🎁 No-Deposit Bonus | ✅Yes | None | None |
| 🪙 Cent Accounts | None | None | None |
| 📌 Securities Commission of Malaysia (SCM)Regulation | None | None | None |
| 💶 MYR Deposits | None | No | ✅Yes |
| 💷 MYR Account | None | No | No |
| ⏰ Customer Service Hours | 24/5 | 24/5 | 24/5 |
| 🔟 Retail Investor Accounts | 3 | 1 | 3 |
| ☪️ Islamic Account | ✅Yes | ✅Yes | ✅Yes |
| 📈 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📉 Maximum Trade Size | 100 lots | Unlimited | 50 lots |
| ⏲️ Minimum Withdrawal Time | 1 Business Day | 24 to 48 Hours | Instant |
| ⌚ Maximum Estimated Withdrawal Time | 2 to 7 Business Days | Up to 10 days | Up to 5 Days |
| ⏱️ Instant Deposits and Instant Withdrawals | Instant Deposits | None | ✅Yes |
Tickmill Alternatives
- 🥇 ACY Securities is a trading platform that provides a diverse range of tradable instruments. Their trading fees on their Standard Account are average but significantly lower on their ProZero and Bespoke accounts. Malaysian traders, on the other hand, will be onboarded through ACY Securities’ VFSC-regulated entity, which means they will have little recourse if they have a dispute with the broker.
- 🥈 Another option for Malaysian traders is XM. It is a market maker that provides low-cost trading on various forex and CFD instruments. Malaysian clients are registered with XM Global Limited, a company regulated by the International Financial Services Commission (IFSC) in Belize. XM offers free local bank transfers in Malaysia and numerous bonus offers. XM is recommended for forex trading because of its industry-low fees, excellent research and education, and user-friendly trading app.
- 🥉 Trade Nation is a regulated broker that offers excellent trading conditions on a single live account. Fixed-spread trading appeals to traders who prefer predictability. Trade Nation, a market maker, supports MT4 and its own proprietary Trade Nation platform. Trade Nation’s highly competitive spreads on the EUR/USD are fixed at 0.60 pips with one live commission-free account, and there are no minimum deposit requirements.
Tickmill Awards and Recognition
Tickmill received the following recent awards and recognition:
- ✅ Premier Broker for Fee Structure: Annual Forex Broker Review by ForexBrokers.com
- ✅ Top Affiliate Program in Africa: 2025 Finance Magnates Africa Summit
- ✅ Leading Forex Spreads in MEA: 2025 Ultimate Fintech Awards MEA
- ✅ Foremost Forex Broker: 2025 QualeBroker Awards
- ✅ Optimal Forex Trading Experience: 2022 Global Forex Awards
- ✅ Superior Forex Spreads for 2022: 2022 Ultimate Fintech Awards
- ✅ Exceptional Customer Service in Forex: 2022 Global Forex Awards
and many more!
Our Experience with Tickmill
Tickmill was found to be a reliable and user-friendly trading platform that caters to both novice and experienced traders in our extensive review.
The platform provides a variety of financial instruments, such as forex, commodities, and indices, allowing for a well-diversified trading portfolio. Tickmill’s dedication to transparency and regulatory compliance adds an extra layer of trust, making it a top choice for security-conscious traders.
Tickmill Trading Platform
According to our findings, The platform balances robustness and usability, making it appropriate for novice and experienced traders.
The interface is simple, allowing for easy navigation, efficient order execution, and quick access to various financial instruments such as forex, cryptocurrency, and stocks.
One noteworthy feature is the variety of trading platforms available, catering to various trading styles and preferences. Both the MetaTrader 4 and MetaTrader 5 platforms are available, with access to advanced technical analysis tools, customizable charts, and automated trading via expert advisors (EAs).
Furthermore, these platforms are well-known for their stability and dependability, critical factors for traders looking for consistent trading experiences.
Tickmill provides dedicated mobile apps for traders to stay connected and manage their portfolios while on the go. This ensures traders can capitalize on opportunities even when not at their desks.
Quality of Customer Service
In our evaluation of Tickmill’s customer support, we found that it is responsive, knowledgeable, and available 24 hours a day, seven days a week. Whether it was a question about account setup, a technical issue, or withdrawal procedures, the support team responded quickly.
Furthermore, multiple communication channels, such as live chat, email, and phone support, add to the convenience. The website also includes an extensive FAQ section that answers frequently asked questions, reducing the need to contact customer service for minor issues.
Tickmill Response Time
| 🔎 Support Channel | ⏰ Average Response Time | ⏱️ User-based Response Time |
| ☎️ Phone | 5 minutes | 5 minutes |
| 1 working day | Same-day – 24 hours | |
| 🥰 Live Chat | 5 – 7 minutes | Instant – 2 minutes |
| 💖 Social Media | 30 minutes | 15 minutes |
| 🤝 Affiliate | 24 hours | Same-day |
Does Tickmill sponsor any sports teams or events?
Tickmill does not currently sponsor any sports teams or events. Tickmill has previously sponsored several sports teams and events, including motorsports and football.
Can Tickmill sponsor individual traders or investors?
No, Tickmill typically sponsors sports teams and events rather than individual traders or investors.
Tickmill Corporate Social Responsibility
Tickmill’s Corporate Social Responsibility (CSR) initiatives aim to make a positive difference in society, particularly in social welfare and sports development.
Furthermore, Tickmill works closely with the Gajusz Foundation for Terminally Ill Children to provide ongoing support and resources to these children and their families.
Tickmill also donates to Germany’s Bärenherz Children’s Hospice, demonstrating its commitment to providing compassionate care to children with life-threatening illnesses.
Finally, Tickmill’s commitment to social responsibility is exemplified by these initiatives, which extend its positive impact beyond its core business operations.
Does Tickmill have any environmental sustainability initiatives?
Yes, Tickmill strives to reduce its environmental impact by implementing sustainable practices such as paper reduction and energy efficiency.
How can clients get involved in Tickmill’s corporate social responsibility initiatives?
Tickmill might allow clients to participate in corporate social responsibility initiatives such as fundraising campaigns or volunteer activities.
Recommendations according to our in-depth review of Tickmill
According to our in-depth review of Tickmill, the following recommendations are made to improve the trading process:
- ✅ Improve the design and structure of the MetaTrader trading platforms’ news feeds to make them more user-friendly.
- ✅ Increase the variety of bonus offers and promotions to attract new clients while providing more value to existing ones.
- ✅ More research tools and market commentary relevant to the Malaysian market should be available.
- ✅ Improve the design and structure of the MetaTrader trading platforms’ news feed.
- ✅ To cater to Malaysian traders’ preferences, provide more diverse trading instruments, such as local stocks and indices.
- ✅ To cater to traders’ preferences in different regions, provide more diverse trading instruments, such as local stocks and indices.
- ✅ Provide more personalized customer service in multiple languages, such as local phone and chat support.
- ✅ Improve the quality and quantity of research tools and market commentary to give traders more value.
- ✅ To cater to the local market, provide more localized educational materials and webinars in Malay.
- ✅ Improve the trading platforms’ design and functionality to make them more modern and user-friendly.
Finally, Increase educational resources, such as localized materials and webinars, to assist traders in improving their skills and knowledge.
Tickmill Customer Reviews
🥇 Impressed!
In a strategic move to diversify my portfolio, I initiated an ECN account with Tickmill 4 months ago, initially investing $500. Having already reached a break-even point, I’m genuinely impressed by their commitment to delivering on promised trading conditions. – Rashidah Fletcher
🥈 Excellent!
Rapid execution, client-centric focus, and competitive spreads contribute to my satisfaction with Tickmill. The remarkably low commissions further distinguish their services. – Muhaimin Spencer
🥉 Great Broker Choice.
With a three-year history on Tickmill’s platform, I’ve encountered tight spreads, prompt execution, and efficient deposit processes. However, the drawback lies in withdrawal delays, as the process tends to extend beyond a week, contrasting with an otherwise favorable experience. – Nurul Whitaker
Pros and Cons of Trading with Tickmill
| ✅ Pros | ❎ Cons |
| There is a wealth of educational content available to Malaysian beginners | When compared to some of the leading forex brokers, Tickmill’s portfolio of tradeable assets is somewhat limited |
| Due to its highly competitive fee structure, high-volume traders will find the VIP account particularly appealing | The Classic account’s pricing structure is not as favourable as that of the Pro and VIP accounts |
In Conclusion
Tickmill, according to our research, is a low-cost forex and CFD broker with competitive pricing, fast execution, and various trading platforms. The broker is best for active and VIP traders who only trade the most popular forex and CFD instruments.
Tickmill provides various copy-trading platforms and multiple account types with varying pricing structures. The broker, on the other hand, has a limited range of markets, limited research material, and poor educational content.
Overall, Tickmill is a good broker for experienced traders and beginners looking for a dependable, low-cost trading platform.
Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.
Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.
Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Malaysian investors.
Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
Frequently Asked Questions
What is Tickmill?
Tickmill is a discount broker for foreign exchange and CFDs that provides competitive pricing, speedy execution, and multiple trading platforms.
What types of accounts does Tickmill offer?
Tickmill has three different kinds of live accounts: Classic, Pro, and VIP.
What are the deposit and withdrawal options available with Tickmill?
Traders can fund their accounts using Skrill, Neteller, FasaPay, UnionPay, and major credit cards. All withdrawal requests are handled the following business day.
What documents are required by Tickmill to open an MT4 account?
You must submit proof of identity (such as a passport or ID card) and proof of residence (such as a utility bill or bank statement) to Tickmill to open an MT4 account.
What are the trading conditions at Tickmill?
Tickmill’s trading conditions are extremely competitive on its two commission-based accounts but above average on its commission-free Classic Account.
Does Tickmill have Nasdaq 100?
Yes, Tickmill provides trading on the Nasdaq 100, also known as ‘USTEC’ on their platform.
What are the pros and cons of Tickmill?
Tickmill’s benefits include low forex and non-trading fees, an easy-to-use interface, and multiple funding and withdrawing methods. Old trading platforms and varying quality of research tools are two major drawbacks.
Does Tickmill offer trading signals?
Yes, Tickmill offers its clients trading signals, which can be used to gain insight into the market and make informed trading decisions.
Is Tickmill Safe or a Scam?
Tickmill is considered safe and not a scam because several top-tier financial authorities regulate it, and it has a positive reputation in the trading community.
What instruments can I trade at Tickmill?
Tickmill allows you to trade Forex, Metals, Energies, Commodities, and more.
Is Tickmill regulated?
Tickmill is governed by several financial authorities, including the Seychelles Financial Services Authority (FSA) and the United Kingdom’s Financial Conduct Authority (FCA), among others.
Can I customize Tickmill’s trading signals to fit my trading strategy?
Yes, some of Tickmill’s trading signals may be modifiable, allowing users to tailor them to their trading styles.
Is there any cost to open an account with Tickmill?
No, there are no fees associated with opening a live or demo MT4 trading account with Tickmill. However, the minimum requirement to start trading is $100 / 456 MYR.
How long does it take to withdraw from Tickmill?
Tickmill withdrawals are typically processed within one business day.
What educational resources does Tickmill offer?
Tickmill provides an assortment of trading eBooks containing pertinent trading strategies, ideas, and insights compiled by their expert research team.
What are the benefits of being an affiliate with Tickmill?
You can earn commissions as an affiliate of Tickmill by referring clients to the broker. Furthermore, Tickmill provides competitive commission rates and marketing materials to help you promote their services.
How can I become an affiliate with Tickmill?
To become a Tickmill affiliate, visit their website and locate the affiliate program section. You will find information on how to sign up and become an affiliate on that page.
Does Tickmill have VIX 75?
No, Tickmill does not have VIX 75.
