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Tickmill Review

Tickmill review ndd

Tickmill is a low-cost broker regulated in several regions. Tickmill offers flexible trading solutions to Colombians. Tickmill offers a large range of educational materials and trading tools. Tickmill has a lucrative 30 USD No-Deposit Bonus.

Updated : July 2, 2024

Jump to:

Overview

Regulation and Safety of Funds

Awards and Recognition

Account Types and Features

Account Registration

Broker Comparison

Trading Platforms

Range of Markets

Fees

Deposit and Withdrawels

Education and Research

Bonuses and Promotions

Affiliate Programs

Customer Support

Social Responsibility

Final Verdict

Pros and Cons

FAQ

Min Deposit

USD 100

Regulators

CySEC, FCA, FSA, FSCA, Labuan FSA

Trading Desk

MT4, MT5

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Overview

Tickmill Overview

 

Tickmill has been a standout company in the brokerage world since 2014, and we have personally witnessed their passion for trading firsthand. Their commitment to prioritizing the client is remarkable.

 

Tickmill offers competitive spreads and executes trades quickly while maintaining a transparent and uncomplicated approach.

 

Tickmill’s dedication to STP and ECN execution sets them apart in an industry that can often be difficult to navigate. With their transparent approach, traders can trust that trades will be executed seamlessly, free from any external influence.

 

Tickmill is a highly recommended option for traders in Colombia. The educational resources they provide, also available in Spanish, have proven extremely valuable.

 

Their expertise in the Latin American market shines through in their flexible account options and various funding methods designed specifically for Colombian clients.

 

Furthermore, their trading platform is exceptionally strong and user-friendly, with the added benefit of being available in Spanish. It effortlessly integrates with popular tools, enhancing our trading experience to a whole new efficiency level.

 

Overall, we found that Tickmill’s reputation for reliability and stability has been crucial for us, particularly when dealing with the ever-changing nature of the financial markets.

 

Tickmill offers Colombian traders access to various markets, including Forex, commodities, indices, bonds, and cryptocurrencies.

Tickmill was founded in 2014 and has since built a reputation for offering competitive trading conditions and dependable services.

Tickmill Review at a Glance

🗓Established Year2014
🪪Regulation and LicensesSeychelles FSA, FCA, CySEC, Labuan FSA, FSCA
🌟Ease of Use Rating4/5
💰BonusesTrader of the Month, Tickmill’s NFP Machine, $30 Welcome Bonus, IB Contest, Trade More, Get More
⏰Support Hours24/5
📊Trading PlatformsMetaTrader 4, MetaTrader 5, CQG, Tickmill App
📈Account TypesClassic Account, Raw Account
💸Base CurrenciesUSD, EUR, GBP, PLN
📊SpreadsFrom 0.0 pips on the Raw Account
📈Leverage1:1000
💳Currency Pairs62, major, minor, and exotic pairs
💰Minimum Deposit414,000 COP ($100)
💸Inactivity FeeNone
🗣Website LanguagesEnglish, Indonesian, Russian, Arabic, Italian, Thai, Vietnamese, German, Chinese (Simplified), Spanish, Polish, Korean, Malay, Portuguese
⚖️Fees and CommissionsSpreads from 0.0 pips, commissions from $3 per side, per lot
📚Affiliate ProgramYes
🏛️Banned CountriesThe United States
💻ScalpingYes
🔎HedgingYes
✴️Trading InstrumentsForex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, ETFs
👉 Open AccountOpen Account

Tickmill Regulation and Safety of Funds

 

Tickmill protection of funds

 

Tickmill’s Regulation in Colombia

Tickmill is not regulated by Colombia’s Superintendencia Financiera de Colombia or “SFC” (Financial Superintendence of Colombia). However, Tickmill’s global regulations are listed in the table below.

 

Tickmill Global Regulations

🏛️Registered Entity🌎Country of Registration🔎Company reg.🔎Regulatory Entity📈Tier🪪License Number/Ref
Tickmill UK Ltd.United Kingdom09592225FCA171720
Tickmill Europe LtdCyprus340249CySEC2278/15
Tickmill South Africa (Pty) Ltd.South Africa2017/531268/07FSCA2FSP 49464
Tickmill Ltd.SeychellesFSA3SD008
Tickmill Asia Ltd.LabuanLFSA3MB/18/0028
Tickmill UK Ltd.DubaiDFSA2F007663

 

Tickmill regulations

 

Tickmill’s Protection of Client Funds

🛡️Security Measure🖺Information
Segregated AccountsYes
Compensation Fund MemberYes, FSCS and ICF
Compensation AmountFSCS – £85,000
ICF – 20,000 EUR
SSL CertificateNo
2FA (Where Applicable)No
Privacy Policy in PlaceYes
Risk Warning ProvidedYes
Negative Balance ProtectionYes
Guaranteed Stop-Loss OrdersNo

No. Tickmill is not regulated by Colombia’s Superintendencia Financiera de Colombia or “SFC” (Financial Superintendence of Colombia, but is overseen by several international bodies, assuring a safe trading environment.

Tickmill’s website does not mention an SSL certificate but uses additional strong security measures to protect client data and transactions.

Tickmill Awards and Recognition

 

Tickmill Awards

 

While exploring Tickmill’s website, we came across the following most recent awards that they’ve won:

 

  • In 2024, Tickmill was recognized as the top choice for its competitive pricing structure, winning the prestigious “Top Spot for its Commissions & Fees” at the ForexBrokers.com 2024 Annual Awards.

 

  • Tickmill received the prestigious “Best in Class” recognition for Algo Trading, MetaTrader, and Social Copy Trading in 2024 from ForexBrokers.com. This award highlights Tickmill’s exceptional performance and expertise in these specialized trading fields.

 

  • Tickmill was honored with the “Best Customer Service – Global” award from the Global Forex Awards Retail 2023 on September 14, 2023. This recognition highlights Tickmill’s exceptional customer support. Tickmill received the “Best Trading Experience – Global” award at the same event, highlighting its exceptional trading conditions and user-friendly interface.

 

  • Tickmill has been honored with the “Best Trading Experience – LatAm” award from the Global Forex Awards Retail 2023. This recognition highlights Tickmill’s commitment to providing customized services that cater specifically to the needs of the Latin American market.

Tickmill Account Types and Features

 

Tickmill Account Types

 

Colombians can expect two flexible account types that suit different traders according to their trading styles, risk tolerance, and trading objectives. Join us as we explore each account option and the features plus benefits they offer Colombians.

 

Raw AccountClassic Account
⚖️AvailabilityAll traders; ideal for professionalsAll traders; ideal for beginners, casual traders, retail traders
📈MarketsAllAll
💳CommissionsFrom $3 per side per standard lotNone; only the spread is charged
💻PlatformsAllAll
📊Trade SizeFrom 0.01 lotsFrom 0.01 lots
📈LeverageForex: 1:1000
Indices: 1:100
Commodities: 1:100
Bonds: 1:100
Crypto: 1:200
Stocks: 1:20
Forex: 1:1000
Indices: 1:100
Commodities: 1:100
Bonds: 1:100
Crypto: 1:200
Stocks: 1:20
💰Minimum Deposit414,000 COP ($100)414,000 COP ($100)

 

Tickmill Classic Account

In our experience, Tickmill’s Classic Account is an excellent choice for Colombian traders to get started. Tickmill is a great option for beginners or anyone looking to get started in forex trading. It perfectly balances simplicity and functionality, making it a practical choice.

 

Traders of all financial levels will appreciate the welcoming feature of a $100 minimum deposit and the flexibility of base currency options, including USD, EUR, GBP, or ZAR.

 

We found that the typical spread of 1.6 pips seemed reasonable and competitive, while the leverage of up to 1:1000 could appeal to traders looking for increased market exposure. One thing that stood out to us was the lack of commission fees, which means trading is more cost-effective.

 

Tickmill Raw Account

Tickmill’s Raw Account appeals to experienced Colombian traders or those with specific trading styles.

 

We were particularly impressed by this platform’s highly competitive spreads, starting from 0.0 pips. With a $3 commission per lot per side on Forex and precious metals, it is worth noting that this fee is relatively low compared to other players in the industry.

 

This is particularly impressive when considering the tight spreads offered. The Raw Account offers a great opportunity for high-volume traders or scalpers to maximize their profits by taking advantage of these favorable conditions.

 

Tickmill Islamic Account

We’ve spent some time with Tickmill and can attest that their Islamic (Swap-Free) Account is a well-thought-out choice for traders who adhere to Islamic financial rules. 

 

The beauty of it is that it integrates smoothly with Tickmill’s existing account kinds, Classic and Raw. This means you can adhere to your religious beliefs without preceding the services you’d expect from a top-tier trading platform.

 

What distinguishes Tickmill’s Islamic Account is the lack of swap or rollover interest on overnight positions. This is entirely compatible with Sharia law. But Tickmill does not end there.

 

They provide narrow spreads, beginning at 1.6 pips on the Classic account and decreasing to 0.0 on the Raw account. Fast execution and diverse trade instruments are also on the table.

 

Tickmill is open about its handling fees for storing specific instruments overnight. They feature a transparent cost structure that varies according to the instrument and the number of days you keep a position. We appreciate the honesty; it fosters confidence and establishes clear expectations.

 

Tickmill Demo Account

Based on our extensive experience as a team of reviewers, we have discovered that Tickmill’s demo account is a precious resource for traders in Colombia.

 

Users can engage with different markets using virtual funds, experiencing a realistic trading environment. Traders are given a generous allocation of virtual funds.

 

The demo platform reflects the functionality of Tickmill’s MetaTrader platforms, providing the same comprehensive toolkit and features available to live account holders. Ensuring a seamless transition from practice to live trading is crucial.

 

Traders can use the demo environment to test out a wide range of strategies, just like they would on Tickmill’s live accounts. It provides a thorough testing ground for traders to experiment with their approaches.

 

In addition, traders can open up to seven demo accounts per registered email address, providing ample opportunity to explore various markets and strategies thoroughly.

Yes, Colombian traders can open an Islamic Account with Tickmill that is Swap-free and Sharia-compliant.

Yes, Tickmill enables scalping and hedging tactics, allowing Colombian traders to use their chosen trading methods.

How To Open a Tickmill Account

 

We found it extremely easy to register an account with Tickmill. Here are the steps that we followed:

 

Step 1 – Select Signup Account type

 

Tickmill Step 1 - Select Account Type

 

  • First, go to the Tickmill website. Once there, choose “Account Overview” after moving your cursor over the “Trading” option in the main toolbar. This will launch a page allowing you to contrast the features of different retail accounts.

  • Click the green “New Account” banner under the account comparison part after reviewing the account options and choosing the one that best suits your trading style.

 

 Step 2 – Fill in Personal Information

 

Tickmill Step 2 - Fill in Personal Info

 

  • Personal information will be requested of you during the first step in the registration process. Enter your phone number, email address, and Full name according to your government-issued identity documents.

 

 

 Step 3 – Financial information and trading experience

 

Tickmill Step 3 - Financial Info and Trading experience

 

  • You will then come upon a survey, which must be completed. This is a crucial stage since it enables Tickmill to better tailor their services to your demands by gaining insight into your trading skills and experience.

 

Step 4 – KYC and Documents

  • Next, you must complete Tickmill’s KYC process. To verify your identification and home address, provide crisp copies of your government-issued ID and a current utility bill or bank statement.

The verification process for a Tickmill account usually takes one business day, but this can vary depending on the accuracy of the given documentation.

 

No, there is no registration fee to register a Tickmill account; signing up and trading are absolutely free.

Broker Comparison

🥇 Tickmill🥇 Octa🥇 IC Markets
🗺️ RegulatationSeychelles FSA, FCA, CySEC, Labuan FSA, FSCA, DFSACySEC, SVG FSAASIC, CySEC, FSA, SCB
💻 Trading PlatformMetaTrader 4
MetaTrader 5
Tickmill App
CQG
MetaTrader 4
MetaTrader 5
Octa Trader
Octa App
MetaTrader 4
MetaTrader 5
cTrader
TradingView
💰 Withdrawal feeNoNoNo
💳 Demo Trading AccountYesYesYes
💰 Minimum Deposit414,000 COP ($100)101,000 COP ($25)805,000 COP ($200)
📊 Leverage1:10001:10001:1000
💰 SpreadsVariable, from 0.0 pips0.6 pipsFrom 0.0 pips
🚀 Commissions$3 per side per 100,000 tradedNoneFrom $3 to $3.5
📊 Margin Call/Stop out100%/30%25%/15%100%/50%
📊Order ExecutionMarketMarketMarket
❌No-Deposit BonusYesNoNo
🪙Cent AccountsNoNoNo
📒 Account TypesRaw Account
Classic Account
OctaTrader Account
Octa MetaTrader 4
Octa MetaTrader 5
cTrader Account
Raw Spread Account
Standard Account
🏛️Colombia SFC RegulationNoNoNo
💰COP DepositsNoNoNo
💻COP AccountNoNoNo
📞Customer Service Hours24/524/724/7
💳Retail Investor Accounts233
☪️Islamic AccountYesYesYes
💰Minimum Trade Size0.01 lots0.01 lots0.01 lots
💸Maximum Trade Size100 lots500 lotsUnlimited
⏰Minimum Withdrawal Time1 business day1 – 3 HoursInstant
⏲️Maximum Estimated Withdrawal Time2 – 7 business days1 – 3 HoursUp to 14 business days
💳Instant Deposits and Instant Withdrawals?Instant DepositsYes, DepositsYes, on PayPal, Neteller, and Skrill
👉Open AccountOpen AccountOpen AccountOpen Account

Tickmill Trading Platforms

 

Tickmill instruments

 

MetaTrader 4

When it comes to trading platforms, MetaTrader 4 is a top choice for traders of all levels. Its exceptional performance is further enhanced by Tickmill’s lightning-fast execution speeds and competitive spreads.

 

We discovered that it serves as a fantastic foundation for individuals who are new to forex trading in Colombia. MT4’s robust charting tools and indicators will prove extremely valuable in analyzing currency pairs such as the USD/COP, providing traders with a comprehensive understanding of the local market.

 

For individuals who prefer a more hands-off approach, we believe that the compatibility of MT4 with automated trading systems is a significant advantage.

 

MetaTrader 5

With its enhanced features, MetaTrader 5 provides a comprehensive experience that will captivate Colombian traders who appreciate meticulous market analysis. Access to a wide range of tools and indicators will prove extremely valuable for Colombian traders.

 

Additionally, the platform’s versatility in handling various assets, such as stocks and commodities, presents excellent prospects for diversifying your portfolio.

 

Furthermore, the economic calendar and depth of market features in MT5 are highly informative, offering real-time data that can help traders make well-informed decisions.

 

CQG

Tickmill’s integration with CQG has revolutionized the trading experience for professional traders in Colombia.

 

This platform offers various advanced features, including customizable tools, in-depth charting capabilities, and direct market access.

 

We believe these features will greatly appeal to individuals who value accuracy and efficiency. Tickmill’s reliable infrastructure has made CQG an essential tool for executing intricate strategies and taking advantage of market opportunities.

 

Tickmill Android and iOS App

Trading on the go is crucial in today’s fast-paced world. We believe that Tickmill’s mobile app is an excellent tool for traders in Colombia.

 

With its availability on Android and iOS, the app has made trading, portfolio management, and staying updated on market news a breeze, even while on the go.

 

Tickmill Social Trading

Lastly, it is important to highlight Tickmill’s social trading platform. It perfectly complements the collaborative atmosphere frequently observed in Colombia, enabling traders to connect, exchange ideas, and gain knowledge from one another.

 

Seasoned Colombian traders will find a platform to share their expertise, allowing novice traders to gain valuable insights by observing and emulating their trades.

 

Tickmill Range of Markets

 

Tickmill range of markets

 

Tickmill offers Colombian traders several markets and instruments that can be traded. While traders can use leverage, the regulatory entity through which and the area in which they register will determine the maximum ratio. Let’s have a look at what Colombians can trade with Tickmill.

 

🔎Instrument⚖️Number of Assets Offered📈Max Leverage Offered
Forex62FCA, CySEC: 1:30, FSA, LFSA, FSCA: 1:1000
Precious Metals5FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:1000
Indices20FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:100
Stocks98FCA, CySEC: 1:20, FSA, LFSA, FSCA: 1:20
Cryptocurrency9FCA, CySEC: 1:200, FSA, LFSA, FSCA: 1:200
Energies3FCA, CySEC: 1:10, FSA, LFSA, FSCA: 1:100
Bonds4FCA, CySEC: 1:5, FSA, LFSA, FSCA: 1:100

 

Tickmill Leverage and Margin

Tickmill’s leverage and margin offerings stood out during our review of their services for Colombian traders.

 

They offer a maximum leverage of 1:1000 across all account types, which is very generous compared to other brokers. With a small deposit, traders can control a significantly larger position in the market.

 

It is worth mentioning that Tickmill’s margin requirements can differ depending on the instrument being traded and the type of account. For instance, it is worth noting that major currency pairs generally have lower margin requirements compared to exotic pairs or commodities.

 

Colombian traders need to be aware that while high leverage can increase profits, it also increases the risk of potential losses.

 

We also found that Tickmill has implemented risk management measures to mitigate potential risks, including margin calls and stop-out levels. However, it is important for traders to thoroughly assess their risk tolerance and trading strategy before deciding to use high leverage.

Tickmill offers 62 currency pairs, including major, minor, and exotic pairs, giving Colombian traders various options in the forex market.

Yes, Tickmill offers cryptocurrency CFDs such as Bitcoin, Ethereum, and Litecoin, letting Colombian traders speculate on the price swings of these digital assets without having to hold the underlying asset.

Tickmill Fees

 

Tickmill Trading Fees and Spreads

 

Tickmill has an extremely simple and straightforward fee schedule, with all trading and non-trading fees clearly indicated on the website. Let’s look at what Colombians can expect to pay when they trade with Tickmill.

 

Tickmill Spreads

Our trading experience with Tickmill indicated that their spreads are a strong suit, particularly for major pairs such as the EUR/USD. The Classic account is commission-free and has variable spreads starting at 1.6 pips, making it ideal for traders who want to save upfront trading charges.

 

However, the Raw account may be more suitable for frequent traders, with spreads as low as 0.0 pips. However, we urge traders to remember that they’re floating and can fluctuate as markets become more volatile.

 

A heads-up to our Colombian traders: keep a close eye on market liquidity and volatility, as these can considerably affect trading costs.

 

Tickmill Commissions

Concerning commissions, Tickmill’s commission structure is refreshingly open. The Classic account, as previously noted, is commission-free.

 

On the other hand, the Raw account charges a commission of $3 a lot per side, which is still quite competitive across the industry. The Raw account’s tight spreads can be worth the small commission fee if you’re a Colombian trader who trades frequently or in large volumes.

 

Tickmill Overnight Fees

Like most forex brokers, Tickmill charges overnight switch fees for holdings held after the market closes. These costs vary by currency pair and whether your position is long or short. To avoid surprises, you should become familiar with Tickmill’s exchange rates table and use it in your trading strategy.

 

Tickmill Deposit and Withdrawal Fees

We especially liked Tickmill’s no-fee policy for deposits and withdrawals, regardless of how you choose to move your money. This is a huge benefit for us Colombian traders because it eliminates the pain of additional fees when funding or withdrawing from accounts.

 

However, remember that while Tickmill does not charge fees, your bank or payment provider might, so double-check with them.

 

Tickmill Inactivity Fees

Our research into Tickmill’s trading and non-trading fees revealed that Tickmill doesn’t charge a penalty fee to dormant accounts. The lack of an inactivity fee means traders can take breaks from trading and use long-term trading strategies where their accounts become inactive.

 

Tickmill Currency Conversion Fees

While Tickmill does not advertise currency conversion fees, you should know that if your transactions include a currency other than your account’s base currency, a conversion may occur, most likely at the current exchange rate and with potential fees from your bank or payment provider.

 

We suggest that Colombian traders use a multi-currency account or a base currency that corresponds to most of their trading, as it could help them keep these fees minimal.

Tickmill’s Raw Account spreads start from 0.0 pips, providing exceptionally competitive trading conditions for Colombian traders.

No, Tickmill’s Classic Account is commission-free, with trading expenses included in spreads beginning at 1.6 pips.

Tickmill Deposit & Withdrawal Options

 

While Tickmill doesn’t currently offer any local payment methods to Colombians, traders can expect access to the following:

 

Tickmill withdrawls and deposits

 

💳Payment Method🌎Country🪙Currencies Accepted⏰Processing Time
Bank TransferAllUSD, EUR, GBP, ZAR1 – 7 days
Crypto PaymentsAllEUR, USD, GBPInstant – 1 day
Credit/Debit CardAllUSD, EUR, GBPInstant – 1 day
SkrillAllUSD, EUR, GBPInstant – 1 day
NetellerAllUSD, EUR, GBPInstant – 1 day
SticPayAllUSD, EUR, GBPInstant – 1 day
FasaPayAllUSD, IDRInstant – 1 day
China UnionPayAllCNYInstant – 1 day
WebMoneyAllUSD, EURInstant – 1 day

 

Tickmill Deposits

How to Deposit using Bank Wire Step by Step

  • Log into your Tickmill Client Area and choose “Deposit Funds” from the menu.
  • Select “Bank Transfer” as the preferred method.
  • Choose your trading account and the currency to deposit (USD, EUR, GBP, or ZAR).
  • Follow the instructions to make a bank transfer from your Colombian account to Tickmill’s approved bank account.
  • Once completed, upload a copy of your bank transfer confirmation to the Client Area for processing.

 

How to Deposit using Credit or Debit Card Step by Step

  • In your Tickmill Client Area, go to the “Deposit Funds” area.
  • Choose “Credit/Debit Card” as your deposit method.
  • Enter your trading account and preferred deposit currency (USD, EUR, or GBP).
  • Enter your card information and deposit amount, and then confirm the transaction.
  • The funds should appear in your trading account immediately or after a short processing time.

 

How to Deposit using Cryptocurrency Step by Step

  • In your Tickmill Client Area, navigate to the “Deposit Funds” area.
  • Select “Crypto Payments” as your deposit method.
  • Choose your trading account and the cryptocurrency you want to deposit (often Bitcoin, Ethereum, or Litecoin).
  • Tickmill will generate a unique wallet address for your deposit.
  • Start the transfer from your cryptocurrency wallet to the specified address.
  • Once the transaction is validated on the blockchain, the funds will be transferred to your trading account.

 

How to Deposit using e-Wallets or Payment Gateways Step by Step

  • Log in to your Client Area and select “Deposit Funds.”
  • Choose your preferred e-wallet or payment gateway (such as Skrill, Neteller, or SticPay).
  • Choose your deposit’s trading account and currency (USD, EUR, or GBP).
  • Enter the deposit amount and follow the on-screen instructions to complete the transaction via your preferred platform.
  • The deposited funds should be available in your trading account very immediately.

 

Tickmill Withdrawals

How to Withdraw using Bank Wire Step by Step

  • Log into your Tickmill Client Area and select “Withdraw Funds.”
  • Select “Bank Transfer” as your withdrawal method.
  • Please specify the amount you want to withdraw and submit your bank account details.
  • Submit a withdrawal request for processing. The monies will usually be in your bank account within 1-7 working days.

 

How to Withdraw using Credit or Debit Cards Step by Step

  • In your Client Area, navigate to the “Withdraw Funds” area.
  • Choose “Credit/Debit Card” as your withdrawal method.
  • Indicate the amount you wish to withdraw and confirm the request.
  • The cash will be paid back to the original card used for the deposit, and processing times may vary.

 

How to Withdraw using Cryptocurrency Step by Step

  • Navigate to the “Withdraw Funds” option in your Tickmill Client Area.
  • Select “Crypto Payments” as your withdrawal method.
  • Enter the amount you wish to withdraw and your cryptocurrency wallet address.
  • Submit your withdrawal request, and Tickmill will follow their usual procedures. The funds will be transferred to your wallet after the transaction is confirmed on the blockchain.

 

How to Withdraw using e-Wallets or Payment Gateways Step by Step

  • Log in to your Client Area and click “Withdraw Funds.”
  • Choose your preferred e-wallet or payment gateway (such as Skrill, Neteller, or SticPay).
  • Enter the amount you want to withdraw, then confirm your request.
  • Tickmill will process your withdrawal, and the funds should appear in your e-wallet account shortly after that.

Colombian traders can deposit through bank transfers, credit/debit cards, and e-wallets like Skrill, Neteller, and SticPay.

Cryptocurrency deposits are often completed promptly or within one day, giving you quick access to your trading cash.

Tickmill Educational Resources

 

Tickmill education

 

Tickmill offers Colombian traders various educational materials, trading tools, and research resources.

 

📅Economic CalendarYes
➡️VPSYes, not free
📊AutoChartistYes
📈Trading ViewNo
📉Trading CentralNo
📜Market AnalysisYes
🖺News FeedYes
📹BlogYes
📕eBooksYes
🎥Educational VideosYes
🗣️Platform TutorialsYes
🤳🏻WebinarsYes
💻SeminarsYes
🗣️Live SupportYes

 

Tickmill also offers the following additional resources and education to traders:

  • Acuity Trading
  • Earnings Calendar
  • Market Analysis on Reddit
  • Infographics
  • Forex Glossary
  • Market Insights
  • Market Sentiment
  • Bright Minds Podcast
  • Tickmill Traders Club
  • Advanced Trading Toolkit
  • Forex Calculators
  • AI

Tickmill webinars provide useful insights and tactics from industry experts, allowing Colombian traders to stay up to date on market developments and enhance their trading performance.

Yes, Tickmill offers market analysis tools, including economic calendars, market insights, and sentiment indicators, to assist traders in making more educated decisions.

Tickmill Bonuses and Promotions

 

Tickmill bonus

 

In addition to Tickmill’s overall features and benefits, a range of trading competitions, bonuses, and incentives can help traders earn more profit and boost their overall capital.

 

$30 Welcome Account

The $30 Welcome Account from Tickmill is an exceptional opportunity that we believe can greatly benefit individuals who are new to the trading industry.

 

It allows you to safely explore Tickmill’s platform, test strategies, and become familiar with the available tools and features.

 

It is important to note that although the bonus credit cannot be withdrawn, profits can be transferred to a live account once certain conditions are met. We believe this approach is a fair way to encourage learning while upholding the integrity of the trading environment.

 

Trade More, Get More

The “Trade More, Get More” promotion is an aspect that has caught our attention, particularly for those who are active traders.

 

We believe that the tiered rebate system based on monthly trading volume provides a valuable financial reward that enhances the overall trading experience. It’s a system that promotes regular interaction with the platform and provides incentives for active users.

 

Tickmill’s NFP Machine

The NFP Machine contest offered by Tickmill is a distinctive feature that enhances the engagement level for traders keen on economic events.

 

Those who can accurately predict the Non-Farm Payroll (NFP) figure are rewarded, encouraging a greater comprehension of market dynamics.

 

Although we have not personally participated in this contest, we recognize its potential value for traders who relish the opportunity to put their analytical skills to the test.

 

Trader of The Month

The “Trader of the Month” contest encourages a positive sense of competition among members of the Tickmill community.

 

Although we have not personally pursued this opportunity, we acknowledge the value it brings to exceptional traders, as it can serve as a strong source of motivation. It demonstrates the platform’s potential and emphasizes the expertise of accomplished traders.

Tickmill’s promos are normally open to all account types. However, additional terms and conditions may apply, so traders should read the details for each promotion.

Traders can participate in Tickmill’s rebate programs by opening a “Rebate Competition” account, making a qualifying deposit, and trading certain products to win cash rebates.

Tickmill Affiliate Programs

 

Tickmill affiliate program

 

Considering all we’ve already discussed about Tickmill, it becomes quite apparent that this broker is an ideal trading partner.

 

Therefore, the lucrative affiliate program works to strengthen this even more. Colombian traders can keep reading to see how a partnership with Tickmill can benefit them when referring clients to the platform.

 

Features

After thoroughly exploring Tickmill’s affiliate program, we can confidently affirm that it is a perfect match for individuals with strong connections within the Colombian trading community.

 

The commission structure at Tickmill is extremely attractive, as it offers unlimited earning potential. Your income is solely determined by your skill in attracting new traders to the platform.

 

We were particularly impressed by the transparency and reliability of the company. CellXpert is a reliable tool for tracking performance, ensuring that payouts are consistently delivered punctually.

 

Tickmill has established a strong reputation in the Latin American market, particularly among Colombian traders.

 

With its competitive trading environment and multilingual support, this brokerage firm becomes an appealing option to present to potential clients.

 

In addition, they provide a wide range of deposit and withdrawal methods tailored to meet the needs of traders in Colombia, which is a notable advantage.

 

We were also impressed by the wide array of marketing tools and educational resources Tickmill offers. These tools are incredibly valuable for boosting conversion rates and attracting a larger client base.

 

The application process for getting started is refreshingly simple. After your approval, you will receive a special referral link to share with your contacts.

 

As your referred traders become active with Tickmill, you’ll start earning. This program greatly benefits individuals who can leverage their influence within the Colombian trading community.

 

How to Register an Affiliate Account with Tickmill Step-by-Step

To register an affiliate account with Tickmill, Colombian traders can follow these steps:

 

Step 1 – Select Become a Partner and Complete Affiliate details.

 

Tickmill Affiliate Step 1 - Select Become a Partner

 

Step 2 – Complete the online application form with the relevant information. Submit your application and await permission from Tickmill.

 

Tickmill Affiliate Step 2 - Complete online application

 

Step 3 – Once your application is approved, you will be given a unique referral link that you may use to promote Tickmill to potential customers. When someone clicks on your referral link and establishes a real account with Tickmill, you will receive a commission for their trading activity.

Among the benefits are uncapped commissions, consistent payments, specialized affiliate support, advanced marketing tools, and CellXpert performance tracking.

Yes, Colombian traders can become Tickmill affiliates and earn money for bringing new customers to the broker.

Tickmill Customer Support

📞Customer Support🗣️Customer Support
⏰Operating Hours24/5
🗣️Support LanguagesEnglish, Malay, Polish, Indonesian, Arabic, Thai, Chinese, Vietnamese, Portuguese
🗨️Live ChatYes
📧Email AddressYes
📞Telephonic SupportYes
🌟The overall quality of their Support3/5

 

Tickmill customer support

 

Tickmill Response Time

Support ChannelAverage Response TimeUser-based Response Time
📞Phone5 minutes2 – 6 minutes
📧EmailSame-daySame-day
🗨️Live ChatInstant2 – 3 minutes
#️⃣Social Media10 minutes7 – 9 minutes
🗣️Affiliate1 working day1 working day

Tickmill’s customer service is available during market hours (24/5), ensuring that traders receive assistance throughout the trading week.

Yes, Tickmill offers customer help via social media sites, where traders can ask questions and receive prompt responses.

Tickmill Social Responsibility

 

Tickmill social responsibility

 

Tickmill demonstrates a strong dedication to corporate social responsibility through diverse initiatives, which we thoroughly examined on their website in the “About Us” section.

 

Their commitment to different global communities showcased a well-rounded approach to corporate citizenship. In 2023, their notable efforts included supporting various causes, spanning from local charities to international organizations.

 

Cyprus has been actively pursuing environmental projects that align with the global focus on ecological preservation as it strives for a more sustainable future.

 

The ongoing partnership with the University of Cyprus is a commendable investment in the next generation of financial professionals.

 

We were intrigued by the extensive social engagement of Tickmill. Their dedication to the “Keeping Kids in School” project in Mexico, providing crucial resources to disadvantaged students, showcases a sincere commitment to improving the lives of others.

 

In addition, their involvement with organizations such as the “Off Road Kids Foundation” in Germany and the “One Dream One Wish Association” in Cyprus demonstrates a compassionate approach to addressing social challenges.

 

We were also fascinated by Tickmill’s dedication to nurturing athletic talent by sponsoring the Kyrenia Nautical Club Triathlon Academy. Their commitment to social welfare in Cyprus and beyond is evident through their active participation in organizations such as “Funraising” and “Europa Donna Cyprus.”

 

Our assessment of Tickmill’s CSR initiatives reveals a company that extends its influence beyond its primary operations to benefit society as a whole.

User Comments

Tickmill has a global presence, and we set out to find some user comments that clients worldwide have left. Here are some of the most recent ones:

 

  • “This is my sixth year with Tickmill Pro. Excellent for trading. They constantly enhance and reduce business costs. Small spreads, fast performance. Customer assistance has always been fast and friendly. Tickmill is a reliable broker for novice and experienced traders looking to trade affordably.”

 

  • “Tickmill is working wonderfully for me. I trade generally large FX pairs with fair spreads. The main drawback is that all brokers have a large spread in the morning due to low trading volume. I’ve had no major issues with customer service. Forex exchange Tickmill is reliable.”

 

  • “I’ve used them for three years and they’re the finest broker. If you obey their guidelines, they don’t care how much you make. Conflicts of interest have never occurred. Adding servers and buildings shows they aim to develop.”

Conclusion

In our evaluation of Tickmill as a broker for Colombian traders, it’s clear that they offer an appealing proposition. Their commitment to transparency, demonstrated via STP and ECN execution, contrasts certain brokers’ opaque methods.

 

Furthermore, the availability of both MetaTrader 4 and MetaTrader 5 platforms and a dedicated mobile app caters to a wide range of trading preferences and ensures seamless market access, which is critical for traders in Colombia’s dynamic economic scene.

 

While Tickmill’s instructional tools are broad, we noticed that they lacked content particular to the Colombian market. Furthermore, the lack of local payment methods and a COP-denominated account could lead to expensive currency conversion fees for local traders.

 

Despite these small shortcomings, Tickmill’s tight spreads, fast execution speeds, and dynamic account types make it a great candidate for Colombian traders looking for a dependable and transparent broker.

 

Their commitment to social responsibility and the provision of an Islamic account demonstrate a thorough awareness of the different needs of the worldwide trading community, including Colombia.

 

Overall, we believe that Tickmill provides a well-rounded solution that, with small tweaks, could cement its status as a top choice among Colombian traders.

Our Insight

Tickmill provides an easy-to-use platform for trading stocks, indices, and cryptocurrencies. Their customer support is outstanding in terms of service. Their emphasis on education and mobile apps appeals to new traders, although active traders may be put off by potentially higher fees.

 

Our Recommendations 

Tickmill is an extremely attractive option for Colombian traders. However, while Tickmill’s offers seem to suit various Colombian traders, some improvements can be made, including the following:

 

  • While Tickmill provides comprehensive teaching materials, a lack of content catered specifically to the Colombian market exists. Developing resources targeting the Colombian forex market’s unique issues and opportunities would benefit regional traders. This can include webinars, articles, and lessons in Spanish, emphasizing key currency pairs such as USD/COP and economic and political variables influencing the local market.

 

  • Tickmill currently doesn’t offer any local payment alternatives for Colombian traders. Integrating popular Colombian payment gateways or bank transfer options would simplify the deposit and withdrawal processes, making them more convenient and accessible to regional traders.

 

  • Improving the affiliate program with incentives tailored exclusively for Colombian affiliates could help Tickmill attract more local partners and develop its brand within the Colombian trading community. This could include greater commission rates for referrals from Colombia or marketing materials designed specifically for the local market.

Tickmill Pros and Cons

✅Pros❌Cons
Traders can expect fast execution speedsTickmill is not regulated in Colombia
There are Islamic Account options offered on both retail accountsThere is a lack of localized educational resources
Traders can access multilingual customer supportThere are no local payment methods offered
There is a handy 30 USD Welcome AccountTickmill does not have COP-denominated accounts

 

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Frequently Asked Questions

Yes. Tickmill occasionally runs promotions and bonuses, such as a $30 welcome bonus for new traders. Colombians can keep an eye on the official website for new promotions.

Colombian traders on Tickmill frequently express an interest in key currency pairs like EUR/USD and commodities such as oil and gold.

Yes, you can make bank transfers from your Colombian account, but Tickmill does not accept Colombian Pesos (COP). Therefore, you must use a supported currency, such as USD or EUR.

Yes, Tickmill systems support a variety of technical indicators and expert advisors (EAs) for automated trading.

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