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Tickmill Review Scores


Overall score: 3.7 / 5

Total votes: 255
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Tickmill Discussion

25 posts
So the big announcement Tickmill talked about couple of days ago was about the FCA UK licence that they now received. Congratulations guys!
__________________________________

Tickmill Expands its Global Footprint with an FCA UK Regulated Broker
November 9, 2016

November 09, 2016

We are proud to announce that our UK entity, Tmill UK Limited, is now licensed and regulated by the Financial Conduct Authority (FCA), under registration number 717270 - https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000001HjJatAAF.

The FCA is a financial regulatory body in the United Kingdom, within which the most prominent financial services firms operate. FCA regulated brokers must adhere to the strictest financial standards, including capital adequacy requirements, full segregation of client funds and transparency of business operations.

The acquisition of the prestigious FCA licence is an important milestone for our global organisation that serves a live client base of over 20k clients and processes more than 3 million trades a month.

As a truly STP and ECN broker with a strong presence in key markets in Asia, the Middle East and Africa, we are set to expand our reach in the UK and the European Union, providing traders with the opportunity to benefit from our competitive pricing, high levels of financial security, superior execution speed and personalised customer support.

Our existing clients can continue to trade and enjoy our current benefits and excellent trading conditions, while at the same time know that our organisation has received recognition from one of the most respected financial regulators in the world, the UK FCA. New clients from the European Union and many other countries can open a trading account with our UK entity, starting from today.

Tickmill UK will be overseen by Duncan Anderson, who has been appointed as the Chief Executive Officer of Tickmill’s UK operations. Mr Anderson has extensive experience in financial industry and before joining Tickmill, he held various management positions in renowned financial firms. His strong industry knowledge will support Tickmill’s vision to become the provider of choice in terms of quality of trading services and customer experience.

Speaking about the FCA licence, Mr. Anderson commented: “The FCA authorisation marks a new chapter in our history as we expand globally. There is now a clear path to enter the European market with a firm commitment to put our clients’ interests at the heart of our operations and to deliver brokerage services of outstanding quality.”

You can read more about Duncan Anderson and his views on Tickmill’s growth strategy by clicking here.

With the FCA licence, our clients can expect more developments to come, as we are committed to increasing our product offerings and to enhancing our trading services.
When I win I win small, when I loose I loose it all!
25 posts
I have received this letter from Tickmill today. Does anybody know what they are going to announce next week? They are buying some broker? Going to do an IPO?

Link to letter:
https://bit.ly/2fjgnYk
_________________________________

Dear Client,


Get ready for more with Tickmill !

We are excited to inform you that some time next week we will be making a major positive announcement to all of our valued Clients and Partners. Our global team has been working for many months to reach this important milestone and we want to share this success with you.

Stay tuned for our big announcement, as the countdown has started.

Kind regards,

Tickmill Team

Attachments:

When I win I win small, when I loose I loose it all!
Pip Vision
10 posts
ahmedfouad posted:
Hi There....May I know from traders of this broker since 2015, how did this broker react to SNB sudden intervention on CHF with movement of over 2,000 pips in few minutes in Jan 2015..? Was STOP LOSS filled for who were long on CHF pairs? or it was large negative slippage like most of other brokers without filling any SL?
Regards,

There was NO liquidity on the market, so many orders with same SL were closed at different price. I didn't hear any terrible stories from tickmill traders I think there were a few traders that had this position opened.
What I certainly know they covered all negative balances. One guy had -20K (read this on FF) and they covered it as well.
30 posts
198 posts
Hi There....May I know from traders of this broker since 2015, how did this broker react to SNB sudden intervention on CHF with movement of over 2,000 pips in few minutes in Jan 2015..? Was STOP LOSS filled for who were long on CHF pairs? or it was large negative slippage like most of other brokers without filling any SL?
Regards,
128 posts
i can't only speak for myself... i had this issue with Tickmill only with an EA, which sent ~20 modify requests per second. Best is to ask their support
10 posts
cyberryder posted:
All strategies ARE allowed. It's NOT allowed to BOMB their server with messages. This IS included in their T&Cs '...excessive use of infrastructure...', if i'm not wrong. This is not allowed with any broker normally. Just any broker handles it different / has another limit. Just ask their support how many modify requests they allow.

Wow,my trade only lasts for few seconds on scalpers,May be my EA sends 5-10 requests modify requests when order is triggered once a day.I traded with many brokers like Peppperstone,IC Markets,FXgrow ,FXPIG etc.,Never had this order lock issue anywhere.I am quite sure 10 modify requests for a few seconds, once/twice a day will not come under excessive use of infrastructure.Some times the order is locked for the 4th modify order request itself.
128 posts
All strategies ARE allowed. It's NOT allowed to BOMB their server with messages. This IS included in their T&Cs '...excessive use of infrastructure...', if i'm not wrong. This is not allowed with any broker normally. Just any broker handles it different / has another limit. Just ask their support how many modify requests they allow.
10 posts
cyberryder posted:
john562 posted:
Beware of this broker.They say 'All strategies encouraged'.But,When you try to modify your order a few times,they lock your orders.I mean you cannot even close them.You see [ORDER IS LOCKED] in your journal.This is cruel than offquotes..

If trades go negative after the order is locked,you have to contact the support team to close the order.If the market is fast,trades go negative,you will lose your entire deposit not able to close such locked orders.

How can a ECN broker lock orders like this?Completely unacceptable.Their support is arrogant,After you lose money, they say 'Thanks for your feedback on Locked orders.We will investigate the situation'

They are doing this every day,week in week out,locking orders....Complete scam
i also had this. It's very dangerous. However it's the fault of your scalper EA. It sends too many modify requests in a too short amount of time. Always test such things with 0.01 lot before


In that case,Tickmill should atleast mention that fast scalping is not allowed and also write about this ORDER IS LOCKED thing in their Tems and conditions/execution policy.How can they say that 'all strategies are accepted' when they lock out their clients' orders like that?
128 posts
john562 posted:
Beware of this broker.They say 'All strategies encouraged'.But,When you try to modify your order a few times,they lock your orders.I mean you cannot even close them.You see [ORDER IS LOCKED] in your journal.This is cruel than offquotes..

If trades go negative after the order is locked,you have to contact the support team to close the order.If the market is fast,trades go negative,you will lose your entire deposit not able to close such locked orders.

How can a ECN broker lock orders like this?Completely unacceptable.Their support is arrogant,After you lose money, they say 'Thanks for your feedback on Locked orders.We will investigate the situation'

They are doing this every day,week in week out,locking orders....Complete scam
i also had this. It's very dangerous. However it's the fault of your scalper EA. It sends too many modify requests in a too short amount of time. Always test such things with 0.01 lot before
10 posts
Beware of this broker.They say 'All strategies encouraged'.But,When you try to modify your order a few times,they lock your orders.I mean you cannot even close them.You see [ORDER IS LOCKED] in your journal.This is cruel than offquotes..

If trades go negative after the order is locked,you have to contact the support team to close the order.If the market is fast,trades go negative,you will lose your entire deposit not able to close such locked orders.

How can a ECN broker lock orders like this?Completely unacceptable.Their support is arrogant,After you lose money, they say 'Thanks for your feedback on Locked orders.We will investigate the situation'

They are doing this every day,week in week out,locking orders....Complete scam
1 posts
fast withdraw so far only via fasapay
25 posts
Peak into Tickmill LIVE spreads on EURUSD GBPUSD USDJPY and Gold as the monthly US Jobs Report gets released:
When I win I win small, when I loose I loose it all!
30 posts
Tickmill just gave them positive feedback and now its down more then 10 mins no support online also
Strange is this a broker or what
30 posts
Well i think this the best broker for me better then any other
25 posts
aeronthomas posted:
Amazing low spreads during news, why can't other brokers offer this? Also why can't Australians open accounts at Tickmill, get an ASIC license please so aussie can access your services also. cheers

They do not accept European Union clients either. Asia is the main markets for Tickmill according to internet traffic ranking and they are very big there.

Their monthly trading volume of Tickmill is more than $30 billion which makes them probably one of the Top 25 largest brookers in da world. https://leaprate.com/2016/04/tickmill-hits-record-monthly-trading-volume-of-over-32-billion/

I hope they would soon start accepting clients from European Union.

When I win I win small, when I loose I loose it all!
1557 posts
Amazing low spreads during news, why can't other brokers offer this? Also why can't Australians open accounts at Tickmill, get an ASIC license please so aussie can access your services also. cheers
25 posts
Recording of Tickmill LIVE spreads during NFP announcement:
When I win I win small, when I loose I loose it all!
1557 posts
I would like to try this broker out for their low spreads even during news but not offered to Australian clients :(
10 posts
minhaz420 posted:
Mr. Greed Hellscream and ijak8510, What do you meant by work for exness!! Mr. ijak8510??? exness is also bad broker for trading and there have some opensive problem. But other many broker have the hidden issue and that's why they all are get losses their capital. You are both can not catch till now that issue which also have in tickmill and then i was also very upset with their behavior. That's all I don't like them. So, if you try to catch up that all thinks then you see there have many broker like that_
Hope you understand...
Thanks

It makes me don't understand why any user blaming each others and defend its broker. I'm netral here. I think its useless to blame one broker and other broker. just make profit with them and if not able lets switch to other broker. my experience trade in liteforex. its great. and in new broker newforex also good
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