Both Tickmill's VIP and Pro accounts seem to be designed for professional traders, but you need to carefully compare and choose the one that suits you best。

Tickmill is a leading broker operating under the supervision of several top institutions, including the UK FCA and Cyprus CySEC.。It offers multiple account types to meet the needs of all types of traders。

Generally speaking, Tickmill account types can be divided into three categories: classic accounts, VIP accounts and professional accounts, as well as a demo account to practice trading and test trading strategies using virtual currencies.。The broker does not offer cent accounts, which indicates that the broker is interested in working with experts and professional traders.。

For both expert and professional traders, Tickmill offers two types of accounts namely VIP and Pro。While the two accounts are similar in some respects, they are not identical。Here's a quick comparison to get you started。

FEATURES	VIP Account	Pro Account
Minimum deposit	❌	100 USD
Minimum Balance	$50,000	❌
Available base currency	USD, EUR, GBP	USD, EUR, GBP
Spread	0.0 point	0.0 point
Maximum Leverage	1:500	1:500
Minimum trading lots	0.01 Hands	0.01 Hands
Commission per transaction	1 per 100,000 transactions per party	2 per 100,000 transactions per party
Permitted policies	All	All
Islamic accounts	✔️	✔️

Let's learn more about each account type in our guide below。

Tickmill VIP Account

Tickmill VIP account is designed for high volume traders looking for competitive prices and special offers。It offers some of the most popular instruments in the market across multiple asset classes, namely currency pairs, major stocks, stock indices, precious metals, oil, bonds and cryptocurrencies.。Thus, the account allows you to diversify your portfolio through a single brokerage account。

Depending on market conditions, you will also get 0.Ultra-low volatility spread from 0 o'clock and maximum leverage of 1: 500。Tickmill claims the orders were executed through the market and direct liquidity from major banks.。Other than that, the commission is one of the lowest in the world。

You only pay a fixed commission of 1 currency unit per lot per party in the base currency of the trading instrument you use (notional 0.0010%)。

So if you trade 1 lot of EUR / USD (with a contract size of EUR 100,000) then your commission per trade will be EUR 1 per side and EUR 2 per round。

However, with a minimum balance of $50,000, this account type is a good choice for expert traders who are active and often make large trades, but not for inexperienced traders.。

Tickmill Pro Account

As the name suggests, Tickmill Pro accounts are designed for professional traders looking for premium trading and excellent trading conditions at affordable prices.。For just $100, you can deposit and enjoy all the features that this account type has to offer。

The account offers from 0.Floating spread from 0, but fixed commission slightly higher than VIP。You need to pay 2 monetary units per lot for each party in the base currency of the trading instrument (notional 0.0020%)。

So if you trade 1 lot of EUR / USD (contract size of EUR 100,000) then your commission will be EUR 2 per party and EUR 4 per round。

The remaining functions are almost the same。All strategies are allowed and you will have access to a large number of trading tools as well as Tickmill's advanced trading tools such as Economic Calendar, Market Manager and Sentiment Trading。

Which is best for expert traders?？

In short, Tickmill's VIP and Pro accounts are a great choice for expert or professional traders。Both options provide expert traders with many outstanding features, from advanced trading tools to fast execution speed and higher leverage。You can even request to convert your account to Islamic and make it exempt from overnight swaps, the only difference is the transaction fee。

In this case, the Tickmill Pro account is slightly better because its minimum deposit and commission are significantly lower。The minimum deposit is only $100, while VIP accounts require a minimum balance of $50,000。This is why the Pro account is very popular among Tickmill users and is also the most recommended。

FAQs

• What are the terms and conditions of an Islamic account?？
  The trading conditions for an Islamic account are exactly the same as for a regular trading account type, except that it has no swaps。However, if you stay overnight for more than three consecutive nights, you will be charged an additional fee。In order to get the swap-free Islamic option, you simply open any account type and contact customer support team to convert your account。Keep in mind that the broker may ask you for additional documentation to prove your eligibility, a process that takes about one business day。

  Is Tickmill suitable for beginners?？
  Tickmill is a good broker, but it is not the best choice for beginners。The broker does offer many features that are attractive to most traders (including beginners), such as easy account opening, demo accounts, good security measures and a user-friendly platform。However, there are also aspects that make brokers more suitable for professional traders, such as advanced trading tools, higher leverage, and trading fees for classic accounts that are not as competitive as other brokers.。

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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。

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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。