Tickmill

Tickmill
Private company
Industry Financial services
Founded 2014 (2014)
Headquarters London, United Kingdom
Key people
 Duncan Anderson (CEO)
Services Foreign exchange market, currency trading, CFD's, precious metals
Number of employees
 60
Website tickmill.com

Tickmill is a UK Financial Conduct Authority (FCA) and Financial Services Authority (FSA) regulated global securities broker focusing on FX, precious metals, indices, commodities, and CFD's. The company serves both institutional and retail clients from all over the world.[1] Tickmill also provides webinars[2] and other educational materials,[3] as well as offers its clients various reward systems[4] and partnership model, e.g. "introducing broker" program.[5]

History

Tickmill was established in Mahe, Seychelles in August 2014 by its current shareholders. In January 2015, the company started providing retail brokerage services.[6] According to the previous CEO Sudhanshu Agarwal, Tickmill was built by traders for traders, and its mission is to provide the best possible trading environment so that clients can focus on trading and become successful in the field.[7] Tickmill started its CFD operations in March 2015, which covered stock indices for Germany, Japan, Europe, the United Kingdom and the United States.[8] The company's trading instruments include 64 currency pairs and precious metals.[9]

In June 2015, Tickmill announced the launch of its renewed "introducing broker" program.[10]

In August 2015, the company introduced VIP accounts as well as added HK50 index to meet the demand of Asian clients.[11]

In 2015, Tickmill joined forces with BeeksFX to provide its traders with a reliable low latency VPS solution.[12]

In March 2016, Tickmill introduced a new partnership model – Multi Account Manager (MAM), which helps professional money managers trade on behalf of their clients. The company also launched Islamic accounts that are 100% compliant with the Sharia law.[13]

In July 2016, the company had a reached a trading volume record of $49.1 billion (USD). With the CEO Sudhanshu Agarwal commenting: "Our record-high trading volume in the first month of summer is the result of our drive to build an outstanding trading infrastructure and back it with the best-in-class trading experience for all clients. Traders understand that Tickmill wants them to succeed and guarantee them top-tier trading conditions."[14]

In the same month, Tickmill improved and redesigned its home page to be more customer-friendly. The company says the new website has been revamped with both client and internal team feedback incorporated during the development cycle, meant to provide supreme online trading experience for traders both on desktop and mobile.[15]

Currently, Tickmill is rated as one of the TOP3 best brokers in the industry.[16]

In November, 2016, Tickmill obtained a license from the UK regulator the Financial Conduct Authority (FCA) for its UK entity, Tmill UK Limited. With the FCA authorization, Tickmill is set to expand its reach to the UK and Europe.[17] The company hired Duncan Anderson as the CEO of Tickmill UK.[18] With extensive experience in financial industry, Anderson held various management positions in different exchange market-related companies.[18]

Platform and accounts

Tickmill uses MetaTrader 4 (MT4) as its Forex trading platform, which allows processing of 20,000 orders per second.[19] MetaTrader 4 is available for Windows iOS[20] and Android[21] devices. In July 2015, Tickmill also introduced a native MT4 application for Mac users.[22] The Company also provides AutoTrade (copy-trade platform) solution. It allows copying trades from different systems and adds them to the Tickmill's users MetaTrader 4 account.

Tickmill offers both a demo and live accounts to its clients.[23] There are three basic types of live accounts: Classic, ECN Pro, and VIP.[23]

Introducing broker (IB) program

Tickmill provides an Introducing Broker (IB) Program, which allows individuals and organisations to earn commissions by introducing new clients to the company's trading service.[5] Tickmill's IB program is not limited to companies or individuals, every trade generated by a referral will bring profit to the IB who introduced the business. The Client Area and IB Room are located in the same environment.[5]

Deposit and withdrawal options

Tickmill provides a various range of deposit and withdrawal options:[24]

Awards

Awarded at the 2016 Chinese Forex Expo:

Campaigns

Regulatory information

Tickmill is the trading name of Tmill UK Limited, which is authorised and regulated by the UK Financial Conduct Authority (FCA) with registration no. 717270. Tickmill is also the trading name of Tickmill Ltd, regulated by the FSA of Seychelles with the license No. SD008.

Funds are held with Barclays, HSBC, UBS, CITI and the other leading banks.[29]

References

  1. ↑ "Tickmill Distinguish Themselves As Swiss Franc Crisis Presents Brokerage With Opportunity". MarketersMedia. Retrieved 4 August 2016.
  2. ↑ "Webinars". FX True. 2015.
  3. ↑ "Tickmill Education". Tickmill. 2016.
  4. ↑ "Tickmill Promotions". MyFXbook. 2016.
  5. 1 2 3 Fox, Mike (2015). "Tickmill unveils renewed IB program". LeapRate. LeapRate.
  6. ↑ "Forex Factory". Forex Factory. Retrieved 2 January 2015.
  7. ↑ "About us". Tickmill. 2016.
  8. ↑ "Tickmill broadens its appeal as a trader-friendly brokerage by introducing 8 key CFDs". Leaprate. Retrieved 18 March 2015.
  9. ↑ "Tickmill Records Landmark of $22 Billion Trading Volume and Continues to Offer Expanded Income Opportunities for Traders". Littlegate Publishing. Retrieved 3 September 2015.
  10. ↑ Fox, Mike (2015). "Tickmill unveils renewed IB program". LeapRate. Retrieved 7 July 2015.
  11. ↑ "5 newsworthy events in 1 Month". Tickmill. Retrieved 4 September 2015.
  12. ↑ "Tickmill Continues to Deliver Top-level Services and Solutions for Successful Trading". PRNewswire. Retrieved 3 September 2015.
  13. ↑ "Tickmill Celebrates a Successful Customer Acquisition Drive With $1m in New Deposits and Over $20 Billion Trade Volume While Delivering New Milestones of Excellence". Yahoo Finance. Retrieved 10 March 2016.
  14. ↑ "Tickmill Posts $49.1 Billion All Time Record Trading Volume While Setting New User Experience Standards". PRNewswire. Retrieved 18 July 2016.
  15. ↑ Abdel-Qader, Aziz (18 July 2016). "Tickmill Hits Record Volumes in June, Officially Launches Revamped Website". Finance Magnates. Retrieved 4 August 2016.
  16. ↑ "FX Brokers by top score". MyFXbook. 2016.
  17. ↑ "Tickmill becomes latest Retail Forex broker to receive an FCA license". LeapRate. 2016-11-09. Retrieved 2016-11-11.
  18. 1 2 "Tickmill Expands Global Footprint with FCA Regulated UK Entity | Finance Magnates". Finance Magnates | Financial and business news. 2016-11-09. Retrieved 2016-11-11.
  19. ↑ "Tickmills MT4". Tickmill. 2016.
  20. ↑ "MetaTrader 4 for Windows Mobile". Trader's Way. Retrieved 28 April 2015.
  21. ↑ "MetaTrader 4 on Google Play". Retrieved 28 April 2015.
  22. ↑ "MT4 application for Mac users". Tickmill. 15 July 2015.
  23. 1 2 "Tickmills Accounts". Guru Trade. 2015.
  24. ↑ "Tickmills Withdrawl and Deposit options". Tickmill. 2016.
  25. ↑ "Tickmill Wins Two Prestigious Awards at the 2016 China Forex Expo While Celebrating Next Record Monthly Trading Volume of Over $32 Billion". Marketwatch. 22 April 2016.
  26. ↑ Fox, Mike (8 April 2015). "Tickmill's March 'Trader of the Month' profits $35,000 for a 198% return". Leaprate. Retrieved 4 August 2016.
  27. ↑ "Tickmills Demo Race". Tickmill. 2016.
  28. ↑ "Tickmills NFP Machine". Tickmill. 2016.
  29. ↑ "Tickmill Celebrates a Successful Customer Acquisition Drive With $1m in New Deposits and Over $20 Billion Trade Volume While Delivering New Milestones of Excellence". Yahoo Finance. 10 March 2016.
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