Tickmill adjusts its account type based on trading experience, so you can choose the right account type in this broker based on your skills and trading style。

Tickmill is a Forex and CFD broker offering competitive prices to clients。It offers a variety of products for traders to choose from, including forex, indices, cryptocurrencies, CFDs, metals and bonds。As a trader, you may be wondering if Tickmill is right for you and the right account type。

Tickmill is a secure broker that is regulated by reputable financial institutions, ensuring that clients "trading funds are protected.。The broker currently offers three main account types to meet client expectations and trading experience levels, let's take a look at each one。

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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。

Tickmill Classic Account

This is aimed at inexperienced or inexperienced traders as well as those with sufficient experience and is the easiest account to access any of the financial markets on offer。The account offers traders the best trading conditions and super fast order execution and allows them to take advantage of any type of trading strategy。

The classic account allows trading CFDs in 62 currency pairs, stock indices, oil, bonds, major stocks, precious metals and cryptocurrencies without commissions, with variable spreads from 1.From 6 o'clock, the minimum balance is $100 and the maximum leverage is 1: 500。

Tickmill Professional Account

This account type is suitable for experienced traders looking for advanced features and the best trading conditions。Similar to the classic account, the professional account also has a minimum balance of $100 and provides a maximum leverage of 1: 500, where traders can enjoy 0.Point difference from 0 o'clock。

However, unlike a classic account, it involves commissions and the trader is required to pay a fee of 2 currency units per lot per party in the base currency of the instrument being traded.。For example, if you trade 1 lot EUR / USD with a contract size of €100,000, the expected commission will be €2 or €4 per party (both parties)。

On this account type, Tickmill allows traders to place stop and limit orders close to the market price, which many brokers do not allow.。

Tickmill VIP Account

This account type is unique in that it is aimed at large trading volume traders seeking competitive prices and additional benefits。The account has a minimum balance of $50,000 compared to classic and professional accounts, with a spread from 0.From 0 o'clock, the maximum leverage is 1: 500。

Each trade also involves a commission, with the trader paying a fee of 1 currency unit per lot in the base currency of the instrument being traded, which is lower than the commission for a professional account。For example, if you trade 1 lot of USD / GBP and the contract size is $100,000, the expected commission will be $1 or $2.。

Which account is best?？

Overall, the three account types are in leverage, base currencies (USD, EUR, GBP), average execution speed (0.20 seconds), market execution, and margin calls / forced closings (100% / 30%) have similar characteristics.。The same range of financial instruments offered by Tickmill are available in three account types, and all these similarities may make it difficult for you to choose between the three account types, but the most important factors to consider are your level of experience as a trader and expectations of a broker。

Here is a concise comparison between the Tickmill account types:

FEATURES	Classic	Professional	VIP
Minimum deposit	100 USD USD	100 USD USD	US $50,000 USD
Leverage	1:500	1:500	1:500
Spread	1.6 o'clock	0.0 point	0.0 point
Deposits	❌	2 currency units per hand per side	1 currency unit per hand per side
Suitable for the crowd.	All Traders	experienced traders	large trading volume trader

Conclusion

If you are a novice, then the classic account is best, because there is no commission, you only need to deal with very low spreads; if you are an experienced trader and want to use some advanced features in trading, while not wanting to spend too much Money to open an account, then a professional account is for you; however, if you are a large-volume trader, want competitive prices and don't mind relatively high minimum deposit requirements, then Tickmill's VIP account may be。

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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。