Tickmill Pro Account Usage Guide
For experienced traders, do Tickmill Pro accounts have any special features compared to other broker accounts?Let's find out here。
For experienced traders, do Tickmill Pro accounts have any special features compared to other broker accounts?Let's find out here。
Tickmill is a popular forex broker with over 75,000 clients worldwide.。It is a broker offering a wide range of tradable securities and highly competitive fees to meet the needs of different groups of traders in the market.。Tickmill customers can choose from three standard types of trading accounts, namely Classic, Professional and VIP。In addition, Islamic swap-free accounts and demo accounts are available under certain conditions。
In this article, we will focus on Tickmill's Pro account。Often considered the most popular type of account among Tickmill users, Pro accounts do bring a lot of benefits to experienced traders, such as smaller spreads and advanced trading conditions as well as relatively affordable fees。
Tickmill Pro Account Introduction
As the name suggests, the account is designed to meet the needs of professional or expert traders who expect advanced features and the best trading conditions。But even so, Tickmill's terms are still relatively affordable compared to professional accounts offered by other brokers.。
The main benefits this account type offers are small spreads and one of the lowest commissions in the world。Professional account customers will receive 0.The floating spread from 0 o'clock and the advantage of the maximum leverage of 1: 500。At the same time, the standard commission is only 2 currency units per lot (notional commission 0.0020%)。If you trade 1 lot of EUR / USD with a lot size of EUR 100,000, you only pay a commission of EUR 2 per side and EUR 4 per round; no commission is charged for CFDs on stocks, stock indices, cryptocurrencies, oil and bonds。
Professional account users can access Tickmill and trade using some of the most popular asset classes on the market, including:
- 62 currency pairs, including major currency pairs, minor currency pairs, and exotic currency pairs
International Stock Indices and Oil
The world's leading digital currency
Contracts for Difference (CFD) for top company stocks
Metals (Gold and Silver)
Unlike other brokers, Tickmill allows traders to place stop and limit orders close to the market price, and you can enjoy easy trading with no commissions (for certain assets), no re-quotes, and no hidden mark-ups.。
Tickmill Pro Account Conditions
Minimum deposit | 100 USD |
Base currency | USD USD, EUR EUR, GBP GBP |
Spread | 0.0 point |
Maximum Leverage | 1:500 |
Minimum number of hands | 0.01 |
Commission | $100,000 per transaction, $2 per party |
Allow all policies | Yes |
Swap-free | Yes |
Advantages and disadvantages
Tickmill's Pro account has many considerable advantages, including from 0.Narrow spreads starting at 0 points, zero stop and limit levels, a minimum deposit of only $100, and the ability to use any foreign exchange trading strategy。All of these features allow you to easily trade at a relatively low cost compared to other brokers on the market。So although the account type is primarily designed for professional / expert traders, the pricing is still quite affordable considering all the benefits you will get。
However, one should also be aware that at very low spread costs you will need to pay a commission for each trade。Commissions will increase over time and may be burdensome to some extent, especially for high-frequency traders。In this case, Tickmill is offering a very low commission of just $2 per $100,000 per side, or basically $4 per round.。Typically, brokers charge around $7 per lot, so Tickmill's rates are still very acceptable。
Suitable for experienced traders
In general, Tickmill is the best broker for active, experienced traders, so professional accounts are popular。The broker does not offer micro accounts and the minimum deposit is quite high。However, while the pricing of the professional account type is not very affordable for novice traders, it is still one of the lowest products compared to other professional accounts in the industry。Many advanced features for professional account holders also support this。
Using a professional account, clients can freely execute trades using any trading strategy, including advisor-based trading and ready-made scripts。The average execution speed is only 0.2 seconds, the execution process is also very effective and convenient, not to mention a reliable trading platform and a variety of optional trading tools。
Tickmill is an award-winning global ECN broker licensed and regulated by the Financial Conduct Authority (FCA), Cyprus CySEC and the Seychelles FSA。Founded in 2014, the company offers a variety of trading services to retail and institutional clients with a focus on foreign exchange, equities, commodities, CFDs and metals.。
For traders who prioritize spread value in broker selection, Tickmill offers premium services with low spreads, from 0.From 0 o'clock。
The London-based company's mission is to provide clients with the best possible trading environment so that they can focus on trading and become successful traders, such as offering 0.15 seconds of quick execution。With this setup, Tickmill gets CFI.Best Forex Executive Broker Award 2019 from co Awards。In addition, Tickmill has been awarded "Best CFD Broker in Asia 2019" by International Business Magazine, "Best Forex Broker in Asia" by Forex Awards and "Most Transparent Broker in 2019."。
After registering with Tickmill, traders can choose the most desirable asset among the 60 currency pairs available for trading。If the trader is not yet sure whether to open a real account, Tickmill recommends learning to trade through a demo account。
There are also educational features such as webinars, seminars, e-books and video tutorials。Traders can use all these facilities to increase their knowledge about trading and the financial markets in general。If traders already have enough knowledge, they have a greater chance of consistently earning profits。
For traders who sign up for a real account, they can choose to offer three types of accounts, including professional accounts, classic accounts and VIP accounts。Traders can take 0.01 minimum order opening。This applies to all types of accounts。
The company offers advice to traders who are still confused when choosing an account。For example, for novice traders, Tickmill encourages customers to opt for classic accounts。It provides the best conditions for fast order execution while enabling traders to use almost any trading strategy。In addition, the account does not charge a trading commission, so the trader only pays the buy / sell spread。In addition to the above three main accounts, Tickmill also offers Islamic accounts (free of overnight interest).。
At Tickmill, however, traders can only use MetaTrader 4 as their trading platform.。Although not much compared to other brokers, the Tickmill platform provides a user-friendly and highly customizable interface with sophisticated order management tools to help traders control positions quickly and effectively。
One-click EA integrated on MT4 enhances the convenience of Tickmill trading。Traders will automatically receive stop loss and take profit calculations; most importantly, Tickmill provides VPS hosting for automatic traders who do not need to worry about technical issues such as Internet connection。
They offer a variety of third-party research solutions, including Autochartist, a popular pattern recognition software that uses automated technical analysis to make predictions and generate trading signals.。Autochartist is available in the portal of Tickmill and as a platform plug-in for MetaTrader 4。
As a Tickmill customer, traders can deposit and withdraw money using multiple payment methods including Visa, Mastercard, Bank Transfer and Skrill。Tickmill accepts deposits and withdrawals in 4 currencies, including USD, EUR, GBP and Polish Zloty。
Overall, Tickmill is a competitive spread broker and offers a safe trading environment with its regulated entities located in three different jurisdictions.。Although the trading platform is not great, the analytical tools they provide to meet the needs of traders meet the standards of retail brokers。
Conclusion
The Tickmill Pro account is the perfect solution for experienced traders who want to enjoy the best trading conditions and very competitive fees and commissions。So, if it meets your criteria, you can go to Tickmill's official website and start the registration process。The verification step takes about 1 business day, after which the account is injected with funds and trading starts immediately。
Tickmill It is Tickmill Ltd.The company provides trading services through quality products and innovative technologies.。Superior trading conditions, ultra-fast execution, security of client funds and dedicated support are at the forefront of the services it offers。
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