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Tickmill

Tickmill Forex Broker Review for UAE Traders

Updated: September 07, 2023

9

Rating

4.3

/

5

Trading platform:
  • MetaTrader 4
  • MetaTrader 5
Regulation:
  • FCA,
  • CySEC
Minimum deposit:
  • $100
Star Reviews:
  • 4.3/5

Summary of Tickmill

Tickmill is a reputable forex broker that provides services to traders in the United Arab Emirates (UAE). In this detailed review, we will explore Tickmill’s offerings, trading platforms, regulatory compliance, educational resources, and more, offering UAE traders insights to make informed decisions.


Regulation and Security

Tickmill is regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in the UAE. This regulatory oversight ensures a high level of financial security and transparency. Client funds are segregated and protected, and Tickmill adheres to stringent regulatory standards.

Trading Platforms

Tickmill offers UAE traders access to advanced trading platforms, including:

  • 01
    MetaTrader 4 (MT4):

    A widely used platform with advanced charting tools and extensive technical analysis capabilities.

  • 02
    MetaTrader 5 (MT5):

    The successor to MT4, offering a broader range of trading instruments and advanced features.


These platforms cater to diverse trading needs, though some traders might prefer additional platform options for further customization.

Disadvantages

  • Limited range of trading instruments compared to some competitors
  • Limited educational resources
  • Withdrawal fees for certain methods
  • Not available to U.S. residents

Deposits & Withdrawals:

Tickmill provides various deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets. The availability of these methods may vary based on your location in the UAE.

Instrument Selection

Tickmill provides a comprehensive selection of trading instruments for UAE traders, including:

  • Forex Pairs: A wide array of major, minor, and exotic currency pairs.
  • Commodities: Precious metals, energies, and agricultural commodities.
  • Indices: A variety of global indices representing different markets.
  • Shares: Access to shares from various global stock exchanges.
  • Cryptocurrencies: A growing list of popular digital assets.

Tickmill’s diverse asset offerings empower traders to explore various trading strategies and opportunities.

Account Types

Tickmill offers multiple account types designed to cater to different trading styles, including:

  • Classic Account: Suitable for most traders.
  • Pro Account: Offering tighter spreads for more experienced traders.
  • VIP Account: Tailored solutions for professional and high-net-worth traders.

Additional account options with varying features might be desired by some traders.

Leverage and Margin

Tickmill offers leverage options, but it’s essential to note that UAE regulations may impose limits on leverage levels. Traders should be well-informed about local regulations and exercise caution when engaging in leveraged trading.

Educational Resources

Tickmill offers a range of educational resources, including:

  • Webinars: Regular live webinars covering various trading topics.
  • Educational Articles: In-depth articles covering market analysis and trading concepts.
  • Video Tutorials: Comprehensive video guides on trading strategies and platform features.
  • Market Analysis Tools: Access to research and analysis tools.

While these resources are valuable, they might benefit from additional interactive learning materials

Customer Support

Tickmill’s customer support is known for its professionalism and responsiveness. UAE traders can reach out to their support team through phone, email, or live chat for prompt assistance with inquiries and issues.

Fees and Spreads

Tickmill offers competitive spreads, but traders should review the fee structure carefully, as costs may vary based on the chosen trading account and instrument. Understanding trading costs is essential for effective risk management.

Evaluation of the most influential parameters of Bull79

Fees

4.3

/5

Min Deposit

4.1

/5

Regulation

4.2

/5

Trust Rating

4.4

/5

Customer Reviews

4.5

/5

NOTE!

Don’t Miss Out on Exclusive Monthly Bonuses and Extra Trading Payouts with Tickmill!

Simply enter the referral code when registering on our website or Tickmill app:

Bull79Referral

*Please note that Bull79 may receive a partnership reward for client registrations through their referral link.

Start Your Trading Journey with Tickmill Today!
Remember, your capital is at risk.

Conclusion

Tickmill is a reputable forex broker that offers UAE traders a secure and feature-rich trading environment. With robust regulatory compliance, a wide array of trading instruments, advanced trading platforms, and professional customer support, Tickmill is a solid choice for both novice and experienced traders in the UAE.

Before commencing trading with Tickmill, carefully review their current offerings and ensure they align with your trading objectives and strategies. Always practice responsible risk management when participating in forex trading.