Tickmill 2021 Review- A Legitimate Online Brokerage Firm Company

In 2014, Tickmill Group launched its proprietary platform. Tickmill has steadily gained business recognition since its launch, with the company’s subscriptions currently at 111,000. The trading platform, which processes over 263,000 accounts, is said to have surpassed the normal exchange volume and is now executing $123 billion trades month on month. The corporation, with its international standing and the fact that it is regulated in three jurisdictions,  then continues to grow in order to improve the trading environment of its customers.  

Tickmill Salient Features 

The features that define Tickmill from its rivals are the smart functions that are built sophisticatedly into the platform. It has a button, for example, that allows clients to handle trades and position orders with only one click. This completely automates the interface, enabling users to customize their trades to their liking. Social trading, meanwhile, is available and is operated by Myfxbook, a third-party service provider that offers real-time reading of market movement.

Another function that may be beneficial is its multi-trader terminal, which allows users to do basic portfolio management. Tickmill is now the leading supplier of institutional services. The prioritization of those, on the other hand, leaves no space for the demands of retail traders.

Education and Research 

Tickmill, like most brokerage companies, has its own library of educational and academic resources. Tickmill’s material, on the other hand, is of exceptional quality. To put it another way, the investment house draws on the experience of eleven experts to provide market analysis and commentaries. . Business insight, fund research, technical analysis, and trade-related papers are among the topics assigned to each specialist. Authoritative charts, webinars, economic calendars, economic news, and manuals serve as boosters for a thorough understanding of the basics of investing.

Tickmill Customer Assistance

Tickmill offers a diverse range of customer service connectivity options. Those in need of assistance should contact the support staff with an online ticket, phone call, or email. Furthermore, they can use the live chat option on Tickmill’s official website to get instant answers to their questions. More impressively, it is safe to conclude that Tickmill has excellent customer service, but it is unnecessary to use it since the organization has a segment dedicated to the most frequently asked questions.

Legitimacy and Reliability 

Tickmill is regarded as a client-oriented forum that implements an open trading environment, as opposed to the traditional market-maker position of brokers. The Financial Services Authority of Seychelles, which has a license code of SD008, closely monitors all of its activities. The Financial Conduct Authority has been in charge of its subsidiary’s total enforcement in the United Kingdom. Since the regulator places such a high value on reliability, brokerages are required to have an insurance policy of 85,000 euros, which is protected by the Financial Services Compensation Scheme.

The CySEC regulates the company’s Cypriot branch, which serves European clients. Clients are granted intensive and long-term protection by the European Union’s financial-related mandates including those that concern laundering and directives. The Tickmill’s division of funds and negative balance security then reinforces these.

Even after clients accused the broker of stop-loss hunting and market exploitation, the company’s protection and overall reliability remain decent. Although multiple complaints have been leveled against Tickmill, the allegations have been thoroughly investigated and found to be false and without substance.

Tickmill Registration 

Having been regulated by the FCA, interested parties are set to undergo various compliance for full disclosure and understanding of trading risks. More so, pertinent information is required including name, address, and citizenship. For validation, necessary documents will be asked including passport, bank statements, and utility bill. After submitting, applicants will have to undergo another set of compliance questions, focusing on trade experience. It only takes minutes to accomplish the whole registration process, and should it be successful, clients may start live trading after getting their login details. 

Get Involved 

Tickmill is undeniably a powerful brokerage platform, given all of the above functions. For those looking for a stable broker, its strict regulation was appealing. It also has industry-leading trading conditions and a diverse portfolio of securities. These, along with its authoritative learning segment and responsive customer service, would undoubtedly increase investors’ profit margins.