Comparison of Tickmill’s trading account types and platforms

Tickmill

A true giant in the field of online trading, Tickmill is a broker strictly regulated by multiple supervisory bodies to offer a safe and transparent service to traders around the world. A broker that bases its foundation on reliability and trust, offering an innovative trading environment suitable for any category of trader. Created by traders for traders, Tickmill consists of professionals in the field with over 40 years of trading experience, aiming to provide an impeccable trading environment, with a wide range of technologically advanced tools and innovative solutions compatible with both beginner and expert traders.

Wide range of instruments and exceptional trading conditions.

Clients can trade on over 180 trading instruments divided into forex, stock indices, commodities, bonds, cryptocurrencies, and shares with spreads starting from 0.0 pip and minimized commissions.

Fast order execution.

Nearly immediate order execution in 0.20 seconds and without any re-quotes. Speed in trading is essential to be able to react promptly to sudden market changes.

No stop to the usable strategies.

Clients can trade in markets around the world using any strategy, including EAs, hedging, and scalping.

Client funds are safe.

With extremely high security levels, the broker ensures the maximum protection of funds with segregated accounts at top-tier banks and always active negative balance protection.

Innovative technologies.

State-of-the-art trading platforms that include tools and features for high-performance trading for any level of trader.

Support team.

A team composed of industry experts always available for any eventuality, 24 hours a day, 7 days a week.

Flexible accounts.

The list of accounts offered by the broker has been carefully created to allow both experienced and novice traders to invest to the best of their abilities and with advantageous conditions.

Visit the official Tickmill website

Cryptocurrency Trading with Tickmill

Considered by traders one of the most exciting markets due to its characteristics, the crypto market offers thrilling trading experiences with very high volatility and liquidity. Chosen for trading by over 65% of traders worldwide, cryptos offer a decentralized network that allows transactions without any intermediaries. In short, the crypto market is not influenced or controlled by any government or financial institution.

Being entirely virtual instruments, cryptocurrencies do not depend on any real-world instrument or product, and consequently, their price is exclusively influenced by supply and demand. Therefore, their price fluctuates based on the percentage of purchases and sales made on the market.

Aware of how advantageous it can be to invest in this market, Tickmill offers traders the opportunity to invest in cryptos through contracts for difference (CFDs) that allow the client to bet on the price fluctuation of the selected instrument without actually having to purchase it. The available instruments are among the most quoted in the market and include: Bitcoin, Ethereum, Litecoin, Cardano, Ripple, Stellar, Chainlink, Solana, and EOS.

Invest in Crypto CFDs with Tickmill

Accounts offered by Tickmill

The broker has committed numerous resources to create a list of accounts capable of meeting the needs of every customer. Professionals, beginners, high-volume investors, and any other category of trader will find the most compatible option for their modus operandi and trade to the best of their abilities. Each offered account presents specific trading features and conditions, carefully selected for a certain type of trader.

It’s important to remember that available instruments, financial leverage, minimum deposit, and other features may vary based on the trader’s country of residence. In Europe, for example, the maximum leverage allowed is 1:30 for retail clients and 1:300 for verified professionals.

The accounts offered by the broker are as follows:

• Classic Account.
• Pro Account.
• VIP Account.

If the customer wishes to test the offered environment without any risk, they can opt for opening a demo version of the selected account and trade with virtual funds before opening a real account.

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Classic Account

The Classic is an extremely versatile account. Given its features, it allows traders of any level to operate with extreme simplicity and to create effective strategies. Beginners and experts will be able to interact in the markets and invest in CFDs on 62 currency pairs, stocks, stock indices, oil, precious metals, bonds, and cryptocurrencies with spreads starting from 1.6 pip and without any commission. Moreover, thanks to the NDD (no dealing desk) execution model, the client can trade without the intervention of intermediaries.

It’s important to note that the charts available in this type of account allow for viewing the markets and spreads without mark-up.

Open a Classic account with Tickmill

Pro Account

An account type exclusively created to meet the needs of experienced traders, the Pro account features are compatible with professional trading that will allow the client to create accurate strategies and to take full advantage of any operation. The trader can trade on currencies, stocks, stock indices, oil, precious metals, bonds, and cryptocurrencies with extremely advantageous conditions including spreads starting from 0.0 pip and minimized commissions.

Although often not allowed by brokers to place stop and limit orders close to market prices, the PRO account offered by Tickmill allows this type of operation. The levels of stop and limit will be equal to zero.

Open a PRO account with Tickmill

VIP Account

Exclusively created for professional traders with high investment volumes, the VIP account offers tools and conditions for high-performance trading. The client can invest in all available instruments with floating spreads starting from 0.0 pip and standard commissions among the most advantageous in the world (starting from 1 USD per side). The trader opting for this type of account must always have a minimum balance not less than 50,000. Below this threshold, the broker may decide to downgrade the account to another available type.

Open a VIP account with Tickmill

Comparing Accounts

Each trader is unique in their kind and stands out for their trading style, experience, knowledge, risk propensity, and much more. Having an account compatible with one’s needs is essential for having positive trading experiences and for being able to make the most of one’s abilities. The list of accounts available with Tickmill is structured to allow any category of trader to opt for the most suitable solution. Furthermore, by being able to open a demo version of the offered accounts, the customer can test the characteristics of each individual account without risking funds, before deciding which one is the most suitable and start investing.

By consulting the next table, the customer can compare all the main characteristics of each account and understand which one is the most compatible with their style:

We would like to remind you again that trading conditions, available instruments, and types of accounts may vary based on the country of residence of the trader. Being Tickmill an internationally regulated broker, it is required to comply with rules and regulations imposed that could change the features of the service offered. For more information, visit the official website and contact the support team.

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How to register and open an account

Regardless of the country of residence and the regulatory authority, the procedure that will allow the trader to sign up and open an account does not change. The registration process is simple, the trader will soon provide the necessary data, verify their identity, make a deposit, and start investing.

To sign up, just perform the following simple steps:

Step one.

To start, the interested trader must visit the official website and click on the “Create an account” icon visible at the top right of the page. In the new screen, choose the type of account (individual or corporate) and enter name, surname, date of birth. Click on “next”. In some cases (based on the country of residence), the trader may choose which entity to register with and consequently: with which trading conditions to invest, max leverage available, available instruments, etc. Once the site and regulatory body are chosen, the customer will automatically be directed to the registration page.

Step two.

The new customer must enter a phone number, language to use, and email address. The broker will send a verification email to the address entered in the form, the customer must open it and click on the link.

Step three.

Fill in the new form by entering country of residence, city, address, tax code, and create a password. Read the terms and conditions carefully, click on “Submit”.

Step four.

In this step, the customer must provide information related to their occupation, educational level, financial status, level of trading experience, and how much they are willing to invest.

Last Step.

To successfully complete the registration, the customer must undergo a verification process to prove their identity and country of residence. To do so, they must send a clear, color front and back photo of a valid identification document (driver’s license, identity card, passport) and a recent utility bill containing the new customer’s address. Once deemed suitable, the customer can choose the desired account type, make a deposit, and start investing.

Open a real Tickmill account

Available Platforms

In addition to high security standards and a variety of trading accounts, the broker offers traders the opportunity to interact in the markets with innovative and extremely popular software. Easy-to-use platforms, compatible with any style that will allow both novice and experienced traders to develop accurate strategies, better manage accounts and potential risks, and respond promptly to market changes thanks to constant updates and dedicated tools. Compatible with any device and operating system, they will allow the customer to always trade with total control over any operation.

• MT4.
• MT5.
• Tickmill Mobile App.

Invest on Tickmill platforms

MT4

MetaTrader 4 is by far the most popular and used platform in the world given its features. The software offers an extremely intuitive interface suitable for both expert and beginner traders and a wide range of technologically advanced tools and functions to allow the creation of accurate investment strategies. The main feature of the software is its complete customization that allows the client to model parameters and services according to their choices and trading styles. MT4 supports automated trading, the trader can use free EAs, create new ones based on their modus operandi, or purchase them in the dedicated store.

Easy to use.

The platform has a clear structure and is simple to use. With access to an extremely intuitive interface, the customer can operate with ease and interact in the markets quickly and securely.

Multilingual.

Being used by traders all over the world, the platform supports a wide list of different languages. A fundamental feature to allow optimal use.

Tools.

The client can trade on a wide range of instruments divided among forex, stocks, stock indices, oil, precious metals, bonds, and cryptocurrencies.

Minimal slippage.

One of the main problems that affect traders worldwide. Slippage occurs when a trader decides to open or close a position at a certain price. During the closing-opening operation, the market fluctuates, and the chosen price might change. MT4 does not eliminate the problem but minimizes it thanks to the high execution speed.

One-click trading.

A function considered essential by most traders to be able to trade, “one-click trading” allows executing any operation instantly. Extremely useful to be able to react quickly to sudden market fluctuations. Additionally, with access to the MQL community, the client can choose to use additional programs to maximize the function’s performance.

Alerts for updated trading.

Without a doubt of extreme importance to have total control over one’s operations. By enabling alerts, the client can select the instrument, sound, bid and ask price, and anything else that can help the trader monitor their operation at best. To access the service, just press CTRL+T and click on the “Alerts” tab.

Advanced analysis and tools.

MT4 allows the client to perform detailed analyses through the use of technologically advanced tools and functions. The platform offers 30 built-in indicators and 24 graphic objects. Moreover, the software allows to create and customize indicators and graphic tools, allowing the client to study the markets according to their own logic and trading style. A wide range of drawing tools including lines, channels, text, and other visual elements will allow setting essential trading parameters such as: support and resistance levels, entry points, exit, stop loss, and take profit.

Automated trading.

One of the platform’s main features, automated trading is carefully structured to allow the client to use trading robots of any kind. In addition to being able to use free EAs or purchase them in the dedicated store, the trader can create and customize expert advisors in MetaQuotes Language 4 (MQL4) and install custom indicators.

Trading anytime and anywhere.

Not all traders have the possibility to stay glued to their PC for various reasons (work, commitments, study, etc.). Having constant control of one’s operation is essential to be able to take full advantage of operations. MT4 offers the possibility to download an app for mobile trading carefully programmed to allow any category of trader to trade to the best of their abilities. The app includes most of the functions and tools available in the desktop version of the platform and offers an intuitive interface to interact in the markets and manage accounts and trade always and everywhere.

Multi-account management

The platform allows customers to access the PAMM service. The latter allows choosing a professional to entrust one’s account and funds. The Master will take care of performing accurate analyses, creating effective strategies, and using them for trading. The trader will only have to wait for the outcome of the investment. For each selected master, the trader will have to pay a commission (which varies based on the professional) only if the operations performed are profitable. Despite the trader completely relying on a professional meticulously selected by the broker, they will always have full control of their account and deposited funds.

Excellent communication.

Tickmill uses the platform to quickly send important information to its clients. In this way, important communications or urgent messages will not be at risk of being lost. By being able to inform traders in real-time, the broker avoids having to send emails or use other means of communication that are slower and less practical.

Efficient trading.

Although it is highly appreciated by traders who usually take advantage of complex programs or development tools, MT4 does not require excessive resources to offer high-performance trading. It minimizes PC disturbances ensuring the absence of problems that could slow down the trader’s activity.

Security.

The platform offers very high security standards to ensure traders a reliable environment free of attacks on their account and deposited funds. MT4 encrypts data sent between the server and trader with a 129-bit key completely concealing even the trader’s IP address.

MT4 is available on all existing devices, both stationary and mobile:

• Desktop version: Windows and Mac.
• Mobile version: app for IOS and Android devices.
• Web version: available on all devices, does not require any download and can be used simply by connecting to the internet.

Invest on MT4 Tickmill platform

MT5

The quintessential multi-asset platform, MT5 is a powerful yet simple to use software for professional trading with very high performance. Although it was mainly designed for experienced traders, the platform has features that make it compatible with any level of experience and trading style. In addition to including the features of the less recent MT4, MT5 supports the MQL5 language and offers an optimized interface, updated tools and functions, a wide range of technical indicators, and graphic objects. The trader will be able to perform accurate analysis and create efficient strategies to invest in Forex, stock indices, stocks, commodities, bonds, and cryptocurrencies.

The software supports any existing commercial order, six different types of pending orders (including Limit, Stop, and Stop-Limit) and allows the use of advanced algorithmic functions like Expert Advisors, Trading Robots, and Copy Trading. Moreover, being able to benefit from over 38 integrated indicators, an integrated economic calendar, 21 time intervals, and fully customizable charts, the client can manage their operation at best and take full advantage of every investment opportunity.

As with MT4, the MT5 software is compatible with any device and supports most existing operating systems:

• Desktop version: For Windows PC and Mac.
• Mobile version: app for IOS and Android smartphones and tablets.
• Web version: Does not require download and is compatible with any device.

MT4 vs MT5

In the next table, you can compare the main technical features of both platforms. Despite being easy to use and rich in cutting-edge tools, the trader can accurately assess which of the two is more suited to their needs.

Invest on MT4 – MT5 Tickmill platforms

Tickmill Mobile App

The innovative mobile app offered by the broker has been designed to allow the client optimal management of their operations. The app provides quick and secure access to the account through fingerprint and facial recognition.

Anywhere and at any time, the client can manage their funds best and deposit or withdraw securely. Moreover, the client can manage their account and access a wide list of functions and services dedicated to risk management and strategy creation. The software offers a user-friendly interface that allows easy and fast access for beginners and experts. Available on IOS and Android devices.

Download the Tickmill mobile app

Tickmill Copy Trading

A highly appreciated investment solution by traders worldwide and of any experience level, copy trading allows copying the strategies of professionals in the sector and earning the same profits. The copy trading platform offered by the broker is easily accessible and well-structured.

The interested trader can register as a follower and access the extensive list of professionals carefully selected by the broker. Being able to view in detail all the characteristics of the Master (professional), the client can decide which is the most suitable for their trading style. Once the Master and the strategies to copy have been selected, the trader will only have to wait for the outcome of the operations. Every selected strategy will be copied automatically onto the follower’s account. Although the process is entirely automatic, the client will always have full control and can decide the amount to invest, any risk management functions, and close the copied operation at any time. For each copied strategy, the trader will have to pay a commission to the Master (which varies based on the selected master), but the cost will only be charged for positive trading results.

Professional trading.

Being able to browse the list of available Masters, the client can choose the most compatible with their modus operandi and start copying and replicating in a fully automatic process the operations of the Masters.

Facilitated trading.

Every trader knows that it is not easy to trade with precision and effectiveness. Accurate analysis, market updates, creation of well-structured strategies require time and effort. Not all traders have the experience and time to perform these tasks. Being able to access the Copy Trader service, the client can relax and rely on professionals in the sector and wait for the results. The copy process will be fully automatic.

Diversify the portfolio.

An excellent solution to better diversify the investment portfolio. The trader can copy from different strategy providers and at the same time, continue their own trading activity.

Beyond profit, there’s experience.

In addition to benefiting from possible profits, clients can broaden their knowledge and experience by learning new strategies and trading methods from experts in the sector.

To use the Tickmill Copy Trading platform, just follow the next steps:

1. To access the service, the trader must be the holder of a verified real Tickmill account. If they do not have one, they can proceed by clicking here.
2. Using the MT4/MT5 credentials and the server number received via email, the trader must register as a follower.
3. After registration, a user profile will be created with which one can access the client portal and start copying.
4. By consulting the list of available professionals, view the characteristics of the masters and choose the most suitable one to copy.
5. Copy the strategies, set parameters, funds to invest, and await the results.

Invest on Tickmill Copy Trading platform

ZuluTrade

As a promoter of social and online copy trading, ZuluTrade is by far the most important and used platform in the world. ZuluTrade offers traders a safe and well-structured environment that allows sharing information, comparing, and copying strategies from industry leaders. In practice, by accessing the platform, the trader can expand their knowledge and experience, sharing information with traders from all over the world and at the same time copying trading strategies by viewing the list of available Masters.

The main feature of the platform is the accurate description of each Signal Provider available. In fact, the client can find a comprehensive list of operational data concerning the available strategies, performances, and trading preferences of the professional. Moreover, the platform pays attention to details to the extent that it allows the client to examine every single operation carried out by the professional, being able to view the entire evolutionary process of the investment, from opening to closing.

Simple and intuitive

The extremely intuitive interface of the platform makes it compatible with both novice and expert traders. Regardless of the level of experience, every client can benefit from interactions with other traders and copied strategies.

Professionally selected traders.

The wide range of experts available are classified based on numerous factors including: success rate, the number of followers, and the trading instruments.

ZuluGuard.

An excellent function that allows the client to protect themselves from possible risks arising from potential losses. ZuluGuard protects the client in case the strategies of a signal provider change or are not performing.

Social trading.

An environment through which traders from all over the world have the opportunity to share their experiences, compare with other traders of any level of experience, and follow the strategies of industry leaders in real-time.

Trade anytime and anywhere.

ZuluTrade is available in a web version, allowing the use of the software without any download; the trader will only need to connect their device to the internet. Moreover, the platform also offers a downloadable app on any mobile device.

Compatible with any platform.

If the trader deems it necessary, they can integrate ZuluTrade with the platform they prefer, such as MT4 or MT5.

Invest on ZuluTrade offered by Tickmill

Posted by Maria Sanchez

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Maria is an expert of financial markets, bringing all the information from English to Spanish for a better understanding of the online traders. She is also a day trader with experience in developing trading strategies that generate profit while minimizing risk and working under high pressured environment. While being a portfolio manager by herself, she focuses on marketing and consultancy of financial and Insurance products.