Open Tickmill's Cryptocurrency account. Table of Contents

Tickmill stands out in the cryptocurrency trading arena through its commitment to offering a secure and technologically advanced trading environment, backed by stringent regulatory oversight. The broker offers a broad range of cryptocurrencies with competitive spreads and high execution speeds, ideal for both novice and experienced traders. With platforms equipped to handle various trading strategies including EAs, scalping, and hedging, and all client funds held in segregated accounts with top-tier banks, Tickmill prioritizes security and flexibility. Additionally, Tickmill offers a 24/7 trading opportunity, leveraging its robust technological infrastructure and regulatory framework across multiple jurisdictions, enhancing its appeal as a reliable trading platform. This comprehensive service setup, combined with proactive customer support, makes Tickmill a preferred choice for traders aiming to capitalize on the volatility of the cryptocurrency markets.

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What is Tickmill?

Tickmill, a recognized name in financial trading, offers an array of services in cryptocurrency trading, leveraging its experience and cutting-edge technology. Here, we’ll look into why Tickmill stands out in the crowded space of cryptocurrency trading and how it ensures superior service for its clients.

Tickmill operates under the trading name of Tickmill Ltd, part of the Tickmill Group, and is regulated by the Seychelles Financial Services Authority (FSA). Known for its robust financial health and steady growth, Tickmill has established itself as a reliable and forward-thinking leader in the trading sector.

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Unmatched Trading Experience

Tickmill’s commitment to providing a superior trading environment is evident in its offer of more than 180 trading instruments, including cryptocurrencies, with exceptionally low spreads starting from 0.0 pips and low commissions. The company’s average execution speed stands at a remarkable 0.20 seconds, ensuring that traders can execute trades without delay or requotes.

The platforms at Tickmill are equipped with pioneering technology that supports a wide range of trading strategies, including the use of Expert Advisors (EAs), hedging, and scalping. This flexibility, combined with advanced features, meets the dynamic needs of both retail and institutional clients across the globe.

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Safety and Security

Understanding the importance of safety in trading, Tickmill prioritizes the security of client funds. All client deposits are held in segregated accounts with top-tier banks, ensuring that personal funds are kept separate from the company’s operating funds. Moreover, Tickmill offers Negative Balance Protection and insures funds up to $1,000,000 through Lloyd’s, providing additional security in extreme scenarios.

The company’s multilingual team of professionals is always ready to assist, ensuring that every client receives personalized and timely help. This support extends across all aspects of the trading process, from account setup to technical queries.

Tickmill’s operations are governed by strict regulations across five jurisdictions, including the FCA, CySEC, and others. This multi-regulatory setup not only underscores Tickmill’s commitment to fair trading practices but also enhances trust among clients by adhering to high standards of accountability and transparency.

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Why Choose Tickmill for Cryptocurrency Trading?

Choosing Tickmill for cryptocurrency trading means benefiting from a blend of industry-leading execution speeds, a secure trading environment, and access to a broad range of cryptocurrencies. Traders can utilize any strategy they prefer, in a setup that supports high-frequency trading and complex algorithms, which are crucial for the fast-paced crypto markets.

Tickmill’s cryptocurrency trading service stands out for its robust technological infrastructure, regulatory oversight, and dedicated customer service. With a proven track record and a commitment to empowering traders, Tickmill offers an exceptional environment that caters to the needs of modern cryptocurrency traders. Whether you’re new to the crypto world or an experienced trader, Tickmill provides the tools and support necessary to achieve trading success.

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Tickmill’s Trading Account Types

Tickmill offers a range of account types tailored to meet the diverse needs of traders in the dynamic market environment, particularly focusing on cryptocurrency trading. This section explores the features and benefits of Tickmill’s Classic, Raw, Islamic (Swap-Free), and Demo accounts.

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Tickmill Account Types Overview

Tickmill provides a variety of trading accounts, each designed to cater to different trader profiles—from beginners to advanced traders. The account types available are the Classic Account, Raw Account, Islamic Account, and a risk-free Demo Account. These accounts offer access to trade on a range of instruments including Forex, stocks, bonds, commodities, and notably, cryptocurrencies.

Classic Account

  • Minimum Deposit: $100
  • Base Currencies: USD, EUR, GBP, ZAR
  • Spreads: Starting from 1.6 pips
  • Leverage: Up to 1:1000
  • Minimum Lot Size: 0.01
  • Commissions: Zero
  • All Trading Strategies: Allowed
  • Islamic Account Option: Available

The Classic Account is designed for traders who prefer a straightforward trading process with no commissions. It offers comprehensive access to global markets and a variety of instruments, including a significant focus on cryptocurrencies. Traders can benefit from variable spreads starting from 1.6 pips and enjoy ultra-fast order execution. This account is suited for both newcomers and experienced traders looking for reliable market access without the complexity of commission fees.

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Raw Account

  • Minimum Deposit: $100
  • Base Currencies: USD, EUR, GBP, ZAR
  • Spreads: From 0.0 pips
  • Leverage: 1:1000
  • Minimum Lot Size: 0.01
  • Commissions: $3 per lot per side
  • All Trading Strategies: Allowed
  • Islamic Account Option: Available

The Raw Account targets more experienced traders who require tight spreads and competitive commissions. With spreads starting from 0.0 pips, this account offers an optimal trading environment for those who trade frequently or with significant volumes, particularly in the fast-paced crypto markets. It allows trading on a wide range of CFDs and cryptocurrencies, offering cost-effective trading conditions for high-level trading.

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Islamic (Swap-Free) Account

  • Swap-Free: No swap or rollover interest on overnight positions
  • Compliance: Compliant with Sharia law
  • Handling Fees: Applies for positions held for several days
  • Account Types: Available for both Classic and Raw accounts

Tickmill’s Islamic Account adheres to Sharia law, making it suitable for Muslim traders. This account type maintains the same trading conditions as the regular accounts but without the swap charges on overnight positions. However, handling fees may apply if positions are held open for extended periods. This account can be a vital offering for traders looking for compliance with Islamic finance principles.

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Demo Account

  • Risk-Free Trading: Virtual funding to simulate real trading
  • Real Market Conditions: Test strategies without financial risk
  • Trading Platform: Full access to MetaTrader platforms
  • Instruments Available: Includes Forex, stocks, indices, commodities, bonds, and cryptocurrencies

Tickmill’s Demo Account is designed for traders who wish to practice and refine their trading strategies in a risk-free environment. This account replicates real market conditions and provides access to all trading instruments available in live accounts, including cryptocurrencies. It’s an excellent way for beginners to familiarize themselves with trading dynamics and for experienced traders to test new strategies.

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Exceptional Trading Conditions Across All Accounts

Tickmill ensures exceptional trading conditions across all account types:

NDD Execution Model:
Ensures transparency and rapid trade executions.
Market Execution:
Trades are executed at the best available market price.
Average Execution Speed:
0.20 seconds, minimizing slippage and delays.
Leverage and Margin Calls:
Flexible leverage up to 1:1000 with a 100% margin call and 30% stop-out levels.

These features, combined with access to popular financial instruments, provide Tickmill’s clients with a robust trading platform tailored to their specific needs, especially those interested in diversifying into cryptocurrencies. Whether you are trading Bitcoin, Ethereum, or exploring other markets, Tickmill’s accounts offer the necessary tools and conditions to facilitate successful trading activities.

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Tickmill’s MetaTrader 4 and MetaTrader 5 Platforms

Tickmill provides access to two of the most advanced trading platforms in the financial markets: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are designed to cater to traders of all experience levels with a particular focus on maximizing efficiency in cryptocurrency trading. This section will detail the functionalities, differences, and unique advantages of both platforms.

MetaTrader 4 and MetaTrader 5 are comprehensive trading platforms developed by MetaQuotes Software Corp. They are designed to provide traders with the tools needed for online trading in various markets including forex, stocks, commodities, and notably, cryptocurrencies.

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MetaTrader 4 (MT4) Platform

Launched in 2005, MT4 remains the standard in the forex trading world due to its robust features, user-friendly interface, and wide adoption by the trading community.

Key Features of MT4:

CFDs on Multiple Instruments:
Trade on Forex, stock indices, commodities, bonds, and cryptocurrencies.
Advanced Technical Analysis:
Over 50 built-in indicators and tools for comprehensive market analysis.
Algorithmic Trading:
Supports automated trading strategies through Expert Advisors (EAs).
Multi-Language Support:
Available in 39 languages to cater to a global audience.
One-Click Trading:
Simplifies the trading process especially in fast-moving markets like cryptocurrencies.
Security:
High-level encryption protects trader’s data and transactions.

MT4 is particularly favored for its stability and the ability to run thousands of EAs, enhancing its functionality for automated trading. It’s a preferred choice for traders focusing on cryptocurrencies due to its reliable execution speeds and robust charting capabilities.

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MetaTrader 5 (MT5) Platform

As a more recent version, MT5 is built with additional features that cater to advanced traders looking for more from their trading platform.

Key Features of MT5:

Extended Instrument Range:
Trade on an unlimited number of symbols.
More Order Types:
Six types of pending orders help traders have more control over entry and exit points.
Superior Tools for Analysis:
38 built-in indicators, 44 analytical objects, and 21 timeframes for detailed market analysis.
Built-in Economic Calendar:
Keep track of important financial events directly from the platform.
Enhanced Strategy Tester:
For backtesting EAs with real historical data.
Trading Signals and Copy Trading:
Expand trading strategies by copying other traders or sharing your own trades

MT5’s architecture supports more advanced trading operations, making it suitable for both forex and stocks, which is invaluable for traders interested in diversifying their trading across various asset classes, including cryptocurrencies.

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Cryptocurrency Trading on MT4 and MT5

Both platforms support cryptocurrency trading, allowing traders to engage in the digital currency markets with advanced tools. Cryptocurrency traders can benefit from:

Rapid Order Execution:
Both platforms ensure quick execution which is crucial due to the volatile nature of cryptocurrency markets.
Automated Trading:
Traders can automate their crypto trading strategies using EAs on MT4 and the enhanced MQL5 on MT5.
Advanced Charting:
Detailed charting capabilities allow for meticulous analysis of cryptocurrencies to identify potential buy/sell opportunities.
Risk Management Tools:
Comprehensive tools to manage and mitigate risks associated with high volatility in the crypto markets.

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Comparison Between MT4 and MT5

While MT4 remains widely used for forex trading, MT5 offers more advanced features including:

More Technical Indicators and Timeframes:
Provides traders with a broader and more detailed technical analysis.
Economic Calendar Integration:
Directly integrated into the platform for convenience.
Enhanced Multi-asset Trading:
Designed not just for forex but also for stocks and futures trading.
Improved Strategy Tester:
Better backtesting capabilities for algorithms with real tick data.

Both platforms are available on desktop (Windows and Mac), web, and mobile (iOS and Android), ensuring traders can monitor the markets and trade from anywhere, at any time.

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Getting Started with Tickmill’s MT4 and MT5

  1. Download and Installation: Easily downloadable from Tickmill’s website, with versions available for various operating systems.
  2. Demo Account: Traders can start with a demo account to familiarize themselves with the platform functionalities.
  3. Real Trading: After testing strategies and learning the platform’s tools, traders can transition to live trading.

Tickmill’s offering of MT4 and MT5 platforms provides traders with robust tools necessary for effective trading in today’s markets, particularly in the fast-evolving cryptocurrency space. Each platform caters to different needs and preferences but both ensure that traders have access to advanced tools for analysis, trading, and risk management.

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Tickmill Mobile App

Tickmill’s Mobile App is designed to provide traders with robust tools to manage their accounts and trade various financial instruments effortlessly. This section provides an in-depth look at the features, benefits, and functionalities of the Tickmill Mobile App, focusing especially on its application in cryptocurrency trading.

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Comprehensive Account Management

The Tickmill Mobile App is engineered to offer seamless account and fund management capabilities. It allows users to handle their financial transactions and account settings directly from their smartphones, catering to the needs of traders who demand efficiency and speed in their trading operations.

Key Features:

Instant Access:
Utilize fingerprint and facial recognition technologies to log in swiftly and securely.
Fund Management:
Effortlessly deposit, withdraw, and monitor fund balances and equity in real-time.
Account Creation and Management:
Set up new trading accounts, manage existing ones, upload necessary documents, and access live chat support for immediate assistance.

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Enhanced Trading Experience

Tickmill has optimized the mobile trading experience to ensure that users can trade futures, options, and CFDs on a variety of assets including forex, stock indices, metals, bonds, and commodities effectively.

Trading Capabilities Include:

Low Spreads and High Leverage:
Engage in trading with spreads starting from 0.0 pips and leverage up to 1:500, subject to certain restrictions based on entity and client categorization.
Diverse Trading Instruments:
Trade over 60 currency pairs, alongside a wide array of other asset classes.
Advanced Execution Speed:
Benefit from an average execution speed of 0.20 seconds, a critical feature for trading in the fast-moving cryptocurrency markets.

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Special Features for Cryptocurrency Trading

Cryptocurrency traders will find the Tickmill Mobile App particularly useful due to its integrated features that support the unique needs of trading digital currencies.

Rapid Execution:
Quick execution times reduce slippage and ensure that traders can capitalize on price movements in highly volatile cryptocurrency markets.
All Strategies Enabled:
The app supports all trading strategies, allowing crypto traders to employ their preferred tactics such as scalping or using automated trading robots.
Comprehensive Account Monitoring:
Keep track of margin levels and account balances to effectively manage the high risks associated with cryptocurrency trading.

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User-Friendly Interface

The app is designed with a focus on user experience, offering a clean and intuitive interface that simplifies complex trading and account management tasks.

Streamlined Navigation:
Easily navigate through the app to find necessary features and tools.
Integrated Support:
Access multilingual customer support directly through the app, with the ability to manage and monitor legal documentation and utilize a comprehensive FAQ section to quickly answer queries.

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Download and Accessibility

The Tickmill Mobile App is readily available for download on various platforms:

iOS:
Available on the Apple App Store, catering to users of iPhone and iPad.
Android:
Accessible through Google Play and via an APK download for users who prefer direct installation.

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Security and Support

Security is paramount, especially when trading valuable assets like cryptocurrencies. Tickmill has implemented robust security measures in the mobile app to protect user data and financial transactions. With encryption technologies, biometric login options, and secure connectivity, traders can operate with confidence knowing their data and capital are well-protected.

Tickmill’s Mobile App stands out as a powerful tool for modern traders who need constant access to the markets and their accounts. For cryptocurrency traders, the app offers the necessary speed, flexibility, and tools required to navigate and profit from the markets effectively. By combining advanced trading functionalities with excellent account management features and stringent security measures, Tickmill ensures that its mobile platform is not just about accessibility but about providing a comprehensive, efficient, and secure trading experience.

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Cryptocurrency Trading with Tickmill

Tickmill provides a robust platform for trading Contracts for Difference (CFDs) on some of the world’s leading cryptocurrencies. With the growing interest and expanding market for digital currencies, Tickmill offers an advanced suite of tools and services tailored for effective cryptocurrency trading. This section explores the key aspects of trading cryptocurrencies with Tickmill, highlighting the features, benefits, and strategic considerations involved.

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Understanding Cryptocurrencies at Tickmill

Cryptocurrencies are digital or virtual currencies that use cryptography for security, making them difficult to counterfeit. They are unique in that they are not issued by any central authority, rendering them theoretically immune to government interference or manipulation. The rise of cryptocurrencies has been driven by the desire for privacy, lower transaction fees, and faster transaction processing times.

Tickmill enables traders to engage with the cryptocurrency market through CFDs, allowing them to speculate on price movements without owning the underlying assets. This method offers the flexibility to go long or short based on market conditions and personal predictions.

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Key Features of Cryptocurrency Trading with Tickmill

Variety of Cryptocurrencies:
Trade popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and more.
Leverage Options:
Engage in trading with leverage up to 1:200. This can maximize potential returns but also increases risk, so it’s suitable for experienced traders.
24/7 Trading:
Cryptocurrency markets operate around the clock, offering constant opportunities for traders.
Advanced Execution Speeds:
With an average execution speed of 0.20 seconds, Tickmill ensures that your trades are executed swiftly to capitalize on market movements.
Robust Trading Platform:
Utilize Tickmill’s cutting-edge platform features, including comprehensive charting tools and real-time data feeds.

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Trading Cryptocurrencies with Leverage

Leverage is a powerful tool in cryptocurrency trading that allows traders to gain a significant exposure to the market while only tying up a fraction of the capital. However, while leverage can amplify returns, it also increases the potential risk. It’s vital for traders to have a clear understanding of how leverage works and to implement strong risk management strategies to protect their investments.

Benefits of Trading Cryptocurrencies with Tickmill

Accessibility:
Easy setup of trading accounts and straightforward funding options.
Security:
Tickmill provides a secure trading environment with advanced risk management tools.
Support:
Access to a knowledgeable support team available in multiple languages to assist with any trading issues or questions.
Education:
Tickmill offers a range of educational resources to help traders understand cryptocurrency markets and refine their trading strategies.

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Strategic Considerations for Cryptocurrency Traders

Volatility:
Cryptocurrencies are known for their price volatility. Traders need to stay informed about market trends and be prepared to react swiftly to price changes.
Market Hours:
Since the cryptocurrency market operates 24/7, traders should consider strategies that account for any time of day or night.
Regulatory Environment:
Keep abreast of changing regulations in the cryptocurrency space which can affect market conditions and trading strategies.

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How to Start Trading Cryptocurrencies with Tickmill

  1. Create a Trading Account: Sign up with Tickmill and verify your identity to start trading.
  2. Fund Your Account: Deposit funds securely using various methods available on Tickmill’s platform.
  3. Start Trading: Access the trading platform to start trading CFDs on cryptocurrencies. Use the tools available to analyze the market and make informed trading decisions.

Tickmill provides a dynamic platform for trading cryptocurrencies through CFDs, equipped with all the necessary tools for both newcomers and veteran traders. By offering competitive spreads, rapid execution speeds, and comprehensive support, Tickmill ensures that its clients can trade digital currencies in an efficient and secure manner.

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How to open Tickmill’s Cryptocurrency trading account?

Starting cryptocurrency trading with Tickmill involves a few clear and strategic steps. Here’s a simplified guide on how to begin:

1. Choose the Right Account Type:
Decide which of Tickmill’s trading accounts best suits your needs. For cryptocurrency trading, the Raw Account might be ideal due to its tight spreads starting from 0.0 pips, which is crucial for the fast-moving crypto markets. Alternatively, if you’re looking for a commission-free option, consider the Classic Account.
2. Register and Verify Your Account:
Sign up for an account on Tickmill’s platform. You will need to provide personal details and verify your identity to meet regulatory requirements. This process ensures the security of your transactions and compliance with financial regulations.
3. Fund Your Account:
Once your account is set up and verified, deposit funds using one of the various methods available at Tickmill. They offer several funding options including bank transfers, credit/debit cards, and e-wallets, ensuring flexibility and ease of use.
4. Download Trading Platforms:
Install MetaTrader 4 or MetaTrader 5, depending on your trading preferences. Both platforms are well-equipped for cryptocurrency trading, with advanced charting tools, algorithmic trading via EAs, and options for customizing trading strategies.
5. Start Trading:
Navigate through the trading platform to find and trade your chosen cryptocurrencies. Both MT4 and MT5 support a wide range of cryptocurrencies and allow for both speculative and hedging strategies.
6. Use Tickmill’s Educational and Analytical Tools:
Take advantage of Tickmill’s educational resources and trading tools. These can help you better understand the cryptocurrency markets and refine your trading strategies, enhancing your trading experience.

By following these steps, you can effectively start trading cryptocurrencies with Tickmill, leveraging their advanced trading infrastructure and comprehensive support.

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Funding Options at Tickmill for Cryptocurrency Trading

Tickmill has a robust system for deposits and withdrawals enhances the trading experience significantly. This guide explores into the various funding methods available at Tickmill, detailing the ease of managing funds, the security protocols in place, and the flexibility provided to traders in managing their capital efficiently.

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Overview of Deposit and Withdrawal Methods

Tickmill caters to traders globally by offering a variety of deposit and withdrawal options. These methods are designed to be secure, instant, and user-friendly, ensuring that traders can manage their funds effectively under their own terms.

Key Deposit and Withdrawal Features:

Multiple Currencies:
Supports major currencies including USD, EUR, GBP, and ZAR.
Minimal Fees:
Offers a Zero Fees Policy for all deposits starting from $5,000 USD or equivalent, processed via bank wire transfer. Tickmill covers transaction fees up to $100 USD or equivalent, provided traders submit the necessary documentation.
Rapid Processing:
Most methods feature instant deposit times and withdrawals are typically processed within one working day.
Versatile Payment Options:
Includes bank transfers, credit/debit cards, and several e-wallets.

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Detailed Look at Funding Methods

Bank Transfer

  • Currencies: USD, EUR, GBP, ZAR
  • Minimum Deposit: $100
  • Minimum Withdrawal: $25
  • Fees: None charged by Tickmill for deposits or withdrawals
  • Processing Time: Deposits within 1 working day; withdrawals within 1 working day

Credit/Debit Cards (Visa, Mastercard)

  • Currencies: USD, EUR, GBP
  • Instant Deposits: Allows traders to fund their accounts immediately
  • Secure Withdrawals: Funds are returned to the source of the original deposit

E-Wallets (Skrill, Neteller, Sticpay, FasaPay, UnionPay, WebMoney)

  • Currencies: Varies by service, covering major currencies
  • Flexibility: Instant deposits and withdrawals processed within 1 working day
  • User Convenience: Offers a quick and easy way to manage trading funds

Cryptocurrency Payments

  • Currencies: EUR, USD, GBP
  • Instant Access: Deposits are processed 24/7 instantly
  • Modern Trading Needs: Ideal for cryptocurrency traders seeking swift transactions

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Special Conditions and Considerations

Account Verification:
Traders need to use payment methods registered in their name, reflecting Tickmill’s commitment to security and regulatory compliance.
Withdrawal Policy:
Withdrawals must be made via the same payment method used for deposits, adhering to anti-money laundering regulations.
Third-party Payments:
Strictly prohibited to prevent fraud and ensure security.

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How to Make Deposits and Withdrawals

Depositing Funds

  1. Access the Wallet: Select ‘Deposit’ from the navigation tab.
  2. Choose the Payment Method: Options are displayed based on the trader’s region and account preferences.
  3. Enter the Amount: Specify how much to deposit and confirm the transaction, following prompts for the selected payment method.
  4. Transaction Confirmation: Once processed, the deposit appears in the transaction history.

Withdrawing Funds

  1. Initiate a Withdrawal: Navigate to the ‘Withdrawal’ section in the wallet interface.
  2. Select Withdrawal Method: Must correspond to the method used for deposit unless otherwise specified.
  3. Specify Amount: Input the amount to withdraw and submit the request.
  4. Completion: Withdrawals are typically processed within one working day, with transaction details available in the history.

Tickmill’s commitment to providing a seamless trading experience is evident through their robust, efficient, and flexible fund management options. For cryptocurrency traders, the ability to move funds swiftly and securely is crucial due to the volatile nature of cryptocurrencies. Tickmill’s platform facilitates this need by ensuring that traders can focus on market opportunities without worrying about the administrative hassles of managing their capital.

Tickmill’s comprehensive deposit and withdrawal system is designed to meet the needs of active traders, particularly those engaged in cryptocurrency trading. With a focus on security, speed, and convenience, Tickmill ensures that all traders, regardless of their trading strategy or volume, have access to efficient fund management tools.

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Tickmill’s Trading Conditions for Cryptocurrency Trading

Tickmill offers a comprehensive and competitive environment for trading cryptocurrencies. This section will detail the trading costs, leverage, margin requirements, and swap rates at Tickmill, providing traders with the necessary information to manage their cryptocurrency trades effectively.

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Transparent Trading Costs

Tickmill ensures that every trader is aware of the costs associated with trading. The primary cost in forex and cryptocurrency trading is the spread—the difference between the bid (sell) price and the ask (buy) price of the currency pair. Tickmill’s trading platforms display these prices clearly, with raw spreads visible on MT4/5 charts regardless of account type.

Calculating the Spread

Spread Measurement:
Spreads are measured in pips, the smallest price move in a currency pair. For example, if the bid price is 1.3050 and the ask price is 1.3052, the spread is 2 pips.
Cost Calculation:
To calculate the trade cost, multiply the spread by the trade size and the pip value (Trade Cost = Spread X Trade Size X Pip Value).

Trade with tight spreads

Understanding Swaps in Cryptocurrency Trading

Swaps, or overnight interest charges, are crucial for traders who hold positions overnight. Swaps can either be a cost or a gain for the trader, depending on the direction of the trade and the differential in interest rates between the two currencies involved.

Swap Calculation:
Swap rates are determined by the interest rates of the respective currencies and the position size, and they are applied at 00:00 platform time.
Triple Swap Rates:
On Wednesday nights, swaps are charged at three times the normal rate to account for the weekend.

See the current Swap Rates

Leverage and Margin Explained

Leverage and margin are two of the most critical aspects of forex and cryptocurrency trading, allowing traders to open positions larger than their actual invested capital.

Leverage is essentially a loan provided by the broker to the trader, enabling the trader to open larger positions with a relatively small amount of actual capital. For instance, with a leverage of 1:100, a trader can control a position worth $100,000 with just $1,000 of their own funds.

Margin is the amount of capital required to open and maintain a leveraged position. It acts as a good faith deposit with the broker and is not a transaction cost but rather a portion of the account equity set aside and allocated as a margin deposit.

Margin Requirement Calculation: The margin requirement is usually expressed as a percentage of the full position value. For example, if the margin requirement is 5% and the total trade value is $100,000, the required margin would be $5,000.

Trade with a high leverage

Trading Conditions at Tickmill

Tickmill strives to enhance the success of its traders through favorable trading conditions:

Low Spreads and Commissions:
Competitive spreads and low transaction costs make trading cryptocurrencies at Tickmill economical.
Advanced Trading Platforms:
Utilize MT4 and MT5 platforms to trade with real-time data and comprehensive analytical tools.
Secure and Fast Transactions:
Deposits and withdrawals are processed quickly and securely, ensuring traders can manage their funds efficiently.
Support for Various Trading Strategies:
Tickmill supports a range of trading strategies, allowing traders to employ their preferred trading techniques without restrictions.

Tickmill provides a clear, competitive, and accessible trading environment. Understanding these trading conditions is vital for every trader looking to engage in cryptocurrency trading effectively. With Tickmill, traders can take advantage of tight spreads, leverage opportunities, and a transparent fee structure, all designed to facilitate a successful trading experience in the dynamic world of cryptocurrencies.

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Tickmill’s Advanced Trading Tools

Tickmill is renowned for offering a suite of sophisticated trading tools that cater to the dynamic needs of modern traders, especially those interested in the volatile cryptocurrency market. This section explores into the various tools provided by Tickmill, including their Virtual Private Server (VPS), the Acuity Trading Tool, Capitalise.ai, and the Signal Centre Tool, illustrating how each can significantly enhance trading efficiency and effectiveness.

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Tickmill VPS: Ensuring Continuous Trading Operations

Tickmill’s Virtual Private Server (VPS) is an essential tool for traders who use automated trading strategies through Expert Advisors (EAs). The VPS runs independently of the trader’s own computer and operates continuously, ensuring that trading activities are not disrupted by downtime or connectivity issues.

Key Features of Tickmill’s VPS:

24/7 Operation:
The VPS ensures that your trading strategies are active round the clock, crucial for the 24/7 cryptocurrency market.
Reduced Latency:
Hosted in close proximity to Tickmill’s servers, the VPS offers minimal delay, critical for executing trades at desired prices without slippage.
Enhanced Security:
With robust security measures in place, traders can be assured of the safety of their trading operations.
Exclusive Benefits:
Tickmill clients enjoy a 20% discount on all VPS packages, along with a setup that boasts 100% uptime and dedicated support.

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Acuity Trading Tool: Harnessing Market Sentiment

The Acuity Trading Tool integrates seamlessly with Tickmill’s MT4 and MT5 platforms, providing traders with advanced market insights directly from financial news streams. This tool leverages artificial intelligence to analyze vast amounts of data, helping traders understand market sentiment and identify potential trading opportunities.

Capabilities of the Acuity Trading Tool:

News Sentiment Analysis:
Parses through millions of news articles to gauge the market sentiment, offering traders insights into how news might impact market movements.
Research Terminal:
Provides a comprehensive overview of the market sentiment across various instruments.
Market Alerts:
Combines historical price analysis with news sentiment, aiding traders in making well-informed decisions.

Find out more about the Acuity

Capitalise.ai: Simplifying Automated Trading

Capitalise.ai revolutionizes the way Tickmill’s traders engage with the markets by allowing them to automate their trading strategies using simple English commands. This tool eliminates the need for complex programming, making algorithmic trading accessible to everyone.

Functionality of Capitalise.ai:

No Coding Required:
Users can create and automate trading strategies in plain English.
Backtesting and Simulation:
Test strategies against historical data and simulate in real-time to ensure effectiveness.
24/7 Market Monitoring:
Stay updated with real-time alerts and never miss a trading opportunity.
Strategy Library:
Access a vast repository of pre-built trading strategies suitable for various market conditions.

Start using the Capitalise.ai

Signal Centre Tool: Streamlining Market Analysis

The Signal Centre Tool integrates into MT4/MT5 and provides expert trading insights and analysis. This tool is particularly useful for cryptocurrency traders who need to respond swiftly to market changes.

Features of the Signal Centre Tool:

Expert Analysis:
Daily trading ideas and analysis that highlight potential entry and exit points.
Comprehensive Insights:
Detailed breakdowns of each trade idea, including risk assessments and expected outcomes.
Personalized Filters:
Customize the insights you receive based on asset class, risk level, and more.

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Integrating Tickmill’s Trading Tools into Your Strategy

To leverage these tools effectively, traders should:

Assess Compatibility:
Ensure that the tools align with your trading strategy, particularly in terms of risk management and trading frequency.
Understand the Tools:
Spend time learning how each tool functions to fully exploit its capabilities.
Stay Updated:
Regularly check for updates and new features that can enhance your trading experience.

Tickmill’s comprehensive suite of trading tools offers cryptocurrency traders the edge needed to navigate the complex and fast-paced crypto markets. By providing continuous trading capabilities, real-time market insights, easy automation, and expert analysis, Tickmill ensures that its traders are well-equipped to meet and exceed their trading aspirations.

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Social Trading with Tickmill

Tickmill’s Social Trading platform offers a unique and engaging way for traders to interact within the financial markets, particularly focusing on cryptocurrency trading. This innovative platform allows users to either become a Strategy Provider or a Follower, leveraging collective expertise to maximize trading effectiveness. Here’s a comprehensive look into how Tickmill Social Trading works and how it can transform your trading approach.

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Understanding Tickmill Social Trading

Tickmill Social Trading bridges the gap between experienced and novice traders by enabling a direct connection where strategies can be effortlessly copied. For Strategy Providers, it provides an avenue to earn additional income by allowing others to follow their trades, while Followers can mimic the moves of seasoned traders, learning from their strategies and enjoying the fruits of their expertise.

Key Features of Tickmill Social Trading:

Automated Trade Copying:
Once connected, trades are automatically copied, ensuring that Followers can replicate the success of their chosen Strategy Providers without needing to execute trades manually.
Integration with MT4 and MT5:
Tickmill Social Trading is compatible with both MetaTrader platforms, although certain assets like CFD Stocks on MT4 cannot be copied due to platform limitations.
Flexible Role Adoption:
Users can opt to be both a Follower and a Strategy Provider, provided they operate two separate trading accounts.

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Roles Within Tickmill Social Trading

1. Strategy Provider

Earning Potential:
Successful traders can monetize their trading strategies by setting performance fees, which are paid by their Followers.
Visibility and Growth:
Trader profiles and success rates are displayed on Tickmill’s platform, attracting potential Followers and enhancing market reach.

Become a Strategy Provider

2. Follower

Accelerated Learning Curve:
Followers can choose from a vetted list of successful traders, gaining insights and exposure to advanced trading strategies.
Risk Management Tools:
Followers can set criteria for copying trades, including custom risk levels and stop conditions, tailoring the trading experience to their comfort level.

Become a Follower

Benefits of Joining Tickmill Social Trading

For Strategy Providers:

Additional Income:
Earn performance fees as compensation for being copied.
Increased Exposure:
Showcase your trading prowess on a platform visited by thousands of potential followers.

Become a Strategy Provider

For Followers:

Educational Benefits:
Learn by watching the strategies of experienced traders.
Reduced Research Time:
Gain direct access to proven strategies and market analyses.

Become a Follower

Practical Steps to Get Started

To Join as a Follower:

  1. Register a live account with Tickmill.
  2. Sign up as a Follower using your existing credentials.
  3. Browse through Strategy Providers and choose whom to follow based on their performance and trading style.

To Join as a Strategy Provider:

  1. Register your trading account with Tickmill as your primary account for Social Trading.
  2. Set your performance fee percentage.
  3. Begin trading and let your strategies attract Followers.

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Performance and Fees

Performance Fees:
These are set by Strategy Providers and only apply to the profits made by their Followers. The maximum chargeable fee is 50% of the profits.
Instant Trade Copying:
Trades are copied in real-time, ensuring that Followers can benefit from all market movements captured by the Strategy Providers.

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Risk Management in Social Trading

Tickmill allows Followers to customize their copying settings, including the ratio of the copied trades, maximum drawdown limits, and stop conditions. These settings help manage the inherent risks of trading by allowing Followers to set boundaries that align with their risk tolerance levels.

Tickmill Social Trading is an invaluable tool for traders who wish to expand their trading capabilities through collaboration and shared insights.

With its user-friendly interface and comprehensive risk management tools, both newcomers and veterans in the cryptocurrency trading sphere can find valuable opportunities to optimize their trading outcomes.

Start Social Trading

Tickmill’s Bonus Promotions & Contests

Tickmill is renowned for offering dynamic trading environments and further enriches this experience by introducing exciting bonus promotions and contests. These offerings are designed to reward active traders and provide new opportunities for both novice and seasoned market participants, particularly those interested in cryptocurrency trading. Let’s dive into the details of Tickmill’s current promotional activities.

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Trader of the Month Contest

Tickmill honors the prowess and dedication of its traders with the “Trader of the Month” contest. This monthly competition is not just about recognizing profitable trades but also the skillful application of risk and money management strategies. Here’s what traders need to know about participating:

  • Eligibility: All Tickmill Ltd (FSA SC Regulated) live account holders are automatically entered into the contest.
  • Prize: The top-performing trader each month wins $1,000.
  • Criteria: Winners are chosen based on profit percentage, risk management, maximum draw-down, and risk to reward ratios.
  • Judging: A three-person jury from Tickmill’s management selects the winner.
  • No Entry Fee: There is no separate registration required; trading activity is automatically considered as long as the account equity is at least $500.
  • Announcement: Winners are announced on the Tickmill Facebook page within the first 15 trading days of the new month.

This contest not only offers a significant cash prize but also enhances the trader’s reputation by featuring them prominently on Tickmill’s platform.

Join the Contest

NFP Machine Contest

The “NFP Machine” is a thrilling contest that coincides with the US Non-Farm Payrolls report, a key economic indicator that often leads to high volatility in the markets. Participants try to predict the price of a selected instrument 30 minutes after the NFP release.

  • Platform: The contest takes place on the Woobox platform.
  • Timing: Predictions are submitted during the NFP week.
  • Prize: A perfect prediction wins $500, while the closest guess wins $200.
  • Eligibility: All live account holders of Tickmill Ltd are eligible to participate.
  • Outcome: Winners are announced and prizes credited to the trader’s wallet, which can be withdrawn or used for further trading.

Tickmill’s NFP Machine tests traders’ ability to anticipate market movements and offers a fun, competitive way to engage with global economic events.

Join the NFP Contest

Welcome Account Promotion

Tickmill’s $30 Welcome Account promotion is an excellent opportunity for new clients to experience the broker’s superior trading conditions without any investment risk.

  • Account Credit: New clients receive a free $30 initial deposit in their Welcome Account.
  • Trading Period: The account is available for trading for 60 days, after which profits can be transferred to a live trading account.
  • Profit Withdrawal: Profits between $30 and $100 can be transferred and withdrawn after a $100 deposit into the client’s new live account.
  • Restrictions: The promotion is not available to EU citizens, and the Welcome Account cannot be used with Expert Advisors.

This promotion is especially beneficial for new traders who wish to get a feel for the market and Tickmill’s trading platform without financial commitment.

Open a Welcome Account

Ongoing Promotions and Practical Insights

In addition to these highlighted contests and promotions, Tickmill frequently updates its offerings to provide timely and advantageous trading opportunities to its clients. These promotions are designed to suit a wide range of traders from different regions, reflecting Tickmill’s global reach and commitment to providing tailored trading experiences.

Tickmill’s bonus promotions and contests are crafted to enhance the trading experience by offering additional financial incentives and recognition. These initiatives are not only a testament to Tickmill’s commitment to rewarding its clients but also serve as a motivational boost for traders to refine their trading strategies and risk management skills.

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FAQs about Tickmill’s Cryptocurrency trading service

What is Tickmill?
Tickmill is a trading name of Tickmill Ltd, part of the Tickmill Group, regulated by the Seychelles Financial Services Authority (FSA), known for its robust financial health and reliable trading services.
What trading instruments does Tickmill offer?
Tickmill offers over 180 trading instruments, including a wide range of cryptocurrencies, with low spreads starting from 0.0 pips and low commissions.
How does Tickmill ensure the safety of client funds?
All client deposits at Tickmill are held in segregated accounts with top-tier banks, and the company offers Negative Balance Protection along with insurance up to $1,000,000 through Lloyd’s.
Why choose Tickmill for cryptocurrency trading?
Tickmill provides industry-leading execution speeds, a secure trading environment, and a broad range of cryptocurrencies suitable for various trading strategies, including high-frequency trading and complex algorithms.
What types of accounts does Tickmill offer for traders?
Tickmill offers several account types including Classic, Raw, Islamic (Swap-Free), and Demo accounts, each tailored to different levels of trading experience and strategies.
What funding options does Tickmill offer for cryptocurrency trading?
Tickmill offers multiple funding options including bank transfers, credit/debit cards, e-wallets, and cryptocurrency payments, all designed to be secure, instant, and user-friendly.
What are Tickmill’s trading conditions like for cryptocurrencies?
Tickmill offers competitive trading conditions for cryptocurrencies with tight spreads, leverage options, and a clear cost structure that includes low commissions and detailed spread metrics.
What is Tickmill Social Trading?
Tickmill Social Trading allows users to either become Strategy Providers and earn performance fees or Followers who can copy the trades of experienced traders automatically.
What are some of Tickmill’s bonus promotions and contests?
Tickmill runs various promotions like the “Trader of the Month” contest and the “NFP Machine” contest, offering cash prizes and opportunities to test trading instincts during major economic events.

Go to Tickmill Official Website