Tickmill: The Broker for Beginner and Experienced Traders
Every forex trader starts at the beginning, and having a broker that is beginner-friendly and ready to assist is ideal, but with hard work and dedication you don’t stay a beginner and that is why choosing a broker, like Tickmill, that caters for both the beginner and the experienced forex trader is ideal.
Here are a few features of Tickmill that appeal to beginner and experienced traders.
User-Friendly Platforms
Tickmill provides access to popular and user-friendly trading platforms like MetaTrader 4 and MetaTrader 5. These platforms are widely used and trusted by forex traders of all levels for their intuitive interfaces and advanced trading tools. They also offer the Tickmill Mobile app giving traders access to their accounts anywhere and anytime.
Competitive Spreads and Fees
Tickmill offers competitive spreads and low trading fees, making it attractive to both beginners and experienced traders looking to maximise their profits. Read more about their fees in this in-depth Tickmill broker review.
Educational Resources
Tickmill offers a range of educational resources tailored to both beginners and experienced traders. These include downloadable e-books, tutorials, webinars, articles, and trading guides covering topics from basic trading concepts to advanced strategies. Beginners can use these resources to learn the fundamentals of trading, while experienced traders can deepen their knowledge and refine their skills.
Demo Accounts
Tickmill offers demo accounts that allow beginners to practice trading with virtual money in a risk-free environment. This allows new traders to familiarise themselves with the trading platform and test out different strategies before transitioning to live trading. It is always recommended to make good use of demo accounts, even an experienced trader can use a demo account to practice new forex trading strategies before risking capital in live trades.
Range of Financial Instruments
Tickmill provides access to a range of trading instruments including forex, stock CFDs, indices, futures, cryptocurrencies and metals. This allows traders to diversify their portfolios and take advantage of different market opportunities. Beginners can start with forex currency pairs and diversify as they gain confidence and experience.
Regulatory Compliance
Tickmill is regulated by reputable financial authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). They are licenced by the Financial Services Conduct Authority of South Africa (FSCA) although South African traders are onboarded through their Seychelles entity. This regulatory oversight gives traders an added layer of security and confidence in the broker’s integrity.
Customer Support
Tickmill offers high-quality customer support services to assist traders with any questions or issues they may encounter. Whether it’s technical support or assistance with account-related inquiries, Tickmill strives to provide prompt and helpful assistance to its clients during business hours Monday to Friday. They can be reached via phone, email and live chat and support is available in 17 different languages.
Overall, Tickmill’s combination of user-friendly platforms, educational resources, competitive pricing, range of financial instruments, regulatory compliance, and high-quality customer support make it an appealing choice for both beginner and experienced traders alike.
