Traders Union’s Experts Rank Tickmill Among The Top 3 Forex Brokers

Traders Union

Forex trading offers an exciting avenue for financial growth, with brokers like Tickmill Group shaping the landscape.

Tickmill entered the top 3 Forex brokers, according to TU. Traders Union has revealed the Tickmill trading review, highlighting its strengths, weaknesses, and overall positioning in the forex world.

What is Tickmill Group

Traders Union experts rank Tickmill trading as a reliable broker with a commendable TU Overall Score of 7.96 out of 10. After a meticulous evaluation of trading opportunities, our expert, Anton Kharitonov, highly recommends this company, as most reviews reflect a high degree of client satisfaction.

With its position at 3rd among other top companies featured in the TU Ranking, Tickmill caters to both professional traders and novices. Its versatile offerings make it a suitable environment for both robotic trading and short-term strategies. As a provider of brokerage services, the Tickmill Group prides itself on its innovative approach, which has earned it accolades such as the “Best Forex Spreads” and “Best Forex Trading Experience” in 2022.

Tickmill’s group of companies includes several internationally regulated bodies, enhancing its global reach and credibility:

  • Tickmill Europe Ltd is regulated by the CySEC (Cyprus).
  • Tickmill Ltd is regulated by the FSA (the Seychelles).
  • Tickmill UK Ltd is regulated by the FCA (UK).
  • Tickmill Asia Ltd is regulated by the Labuan FSA (Labuan, Malaysia).
  • Tickmill South Africa (Pty) Ltd is regulated by the FSCA (SAR).

Advantages and Disadvantages of Trading with Tickmill Group

The Traders Union experts have identified key advantages and potential areas of improvement for Tickmill Group.


  • Spreads from 0 pips: This allows traders to reduce trading costs significantly.
  • Any strategy is allowed: It allows traders to adopt a strategy that best suits their trading goals.
  • Protection against negative balance: Shields traders from losing more than they have invested.
  • Mobile app trading platform: Facilitates on-the-go trading.


  • Customer support is available only 5 days a week from 7:00 to 16:00 GMT.
  • The selection of currency pairs is relatively tiny.
  • The platform does not offer a cent account.
  • There is no provision for trust management.

Trading conditions for Tickmill users

Tickmill’s trading conditions cater to both novices and professionals. The broker offers several account types. The Classic account, for instance, with a minimum deposit of $100, offers a transparent spread and doesn’t charge fees. On the other hand, the Pro and VIP accounts are professional ECN accounts offering near-zero spread, instant order execution, and a fixed fee per lot.

Leverage is subject to the broker’s subdivision, with more stringent European conditions (up to 1:30 for retail clients and 1:300 for “Qualified/Professional” status). Outside Europe, conditions are more flexible, offering leverage of up to 1:500.


To conclude, Tickmill Group’s position in the forex brokerage market is underscored by its innovative approach, flexible strategies, and varied offerings. However, improvement in certain areas, such as customer support and currency pair selection, would augment its overall standing. Visit Traders Union’s official website for detailed learning.

Read this next

Digital Assets

Binance tames up with Japan’s biggest lender to launch stablecoins

Binance Japan is planning to launch stablecoins denominated in the dollar, euro, and yen in Japan in 2024. The crypto exchange aims to introduce these tokens, and possibly more, through its partnership with Mitsubishi UFJ Financial Group’s trust banking arm.

Institutional FX

Spot FX volumes drop +10% at CLS in August 2023

Total daily traded volume submitted to CLS for settlement took a step back in August as the summer typical lull hit market activity. The metrics showed a weak performance in the group’s FX business as the Q3 got off to a calm end while no fresh events were able to whip up a market frenzy.

Digital Assets

Veteran iGaming Team Launch Crypto Casino Portal

CryptoCasinos.Casino launches as a premier destination for crypto gambling aficionados, offering in-depth reviews, comparisons, and resources to navigate the burgeoning world of cryptocurrency-based casinos seamlessly.

Digital Assets

Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

Xsolla enhances its gaming tech suite with the acquisition of AcceleratXR, bolstering cross-platform game development and pioneering advancements in cross-play experiences for players worldwide.

Digital Assets

OKX’s PoR report shows no solvency concerns, assets worth $11.2 billion

Cryptocurrency exchange OKX has released its 11th consecutive proof-of-reserves report amid increasing demand of crypto investors asking for transparency from exchanges they trade with.

Digital Assets

Horizen Launches Decentralized Governance with Introduction of Horizen DAO

Horizen inaugurates a novel decentralized autonomous organization, inviting broader community participation and heralding a new chapter in blockchain governance.

Digital Assets

Binance France induces users to convert their fiat into crypto

Following the expiration of its partnership with Paysafe, Binance France urged its customers to convert their fiat currency holdings on the platform into cryptocurrencies.

Industry News

Exness Crowned as Best Global Multi-asset Broker at Forex Expo Dubai 2023

Cyprus-based Exness garners top honors at the Forex Expo Dubai, solidifying its esteemed position in the global financial arena.

Retail FX

CySEC cancels license of 101investing parent following €200,000 fine

The Cyprus Securities and Exchange Commission (CySEC) confirmed on Tuesday that it has wholly withdrawn the Cyprus Investment Firm (CIF) License of FX retail brokerage firm FXBFI Broker Financial Invest Ltd, trading as 101investing.