Tickmill Review

A good company, smooth in withdrawals, and has excellent customer service, which we hope will develop its system more in the future

Everyone who is thinking about registering on this broker, please know that the broker with which you're registering is doing illegal activities, because of that your money might be lost one day. Please read my review carefully and you will also find out the cheap tactics tickmill use to loot you from indirect fees while withdrawing.

Tickmill supposedly claims that it's an " regulated broker " and that they only allow withdrawals through the method you deposited.
I deposited on tickmill through ( India Local Instant Payments ) and after that they disabled that payment option for withdrawal, which is still available for deposits. Funny isn't it? Everything works great while depositing but for withdrawals? Yeah a lot of issues.
Because they disabled India Local Instant payments method for withdrawal and allow withdraw through India Instant payments ( which has worse exchange rate about 9% expensive ).
So for deposit you get good exchange rate but for withdraw? Bad exchange rate.

So as per AML ( Anti Money Laundering ) law, you shouldn't be allowing your client to withdraw through other payment system. Yet tickmill is allowing me to do that, which makes tickmill a scam broker involved with money laundering scam.

Not only is tickmill doing money laundering with client's money, but they also steal those money with bad exchange rate for withdraw, but for deposits everything goes smooth.

Jul 9, 2021 - 1 Star Tickmill use cheap tricks to lure clients with their local deposit/ withdraw options. Initially, when i deposited my fund with tickmill the exchange rate was excellent, and the payment system used was paymero. After about 3 weeks or so, they removed that local payment option with other one called " India Instant payments'. So whatever amount you deposit the exchange rate was 9% expensive, the same case for withdraw.

The other local payment option was ' India instant internet banking ', the exchange rate is good for this. But funny enough, this local payment option is only available for deposit and not for withdraw. For withdraw on local payment option, only ' india instant payment ' option and " smart india pay" only these are available, and the exchange rate is worst.
And all the technical issues while withdrawing, with depositing there is no technical issues.

What a liars and cheaters, trading business itself is very difficult, on top of that tickmill want to cheat clients by stealing money with their exchange rate.

i did a big mistake trusting this cheaters with my money, i am looking at ways to excalate this issue to FCA, i have $1,300 with them. PM me to help me with this and let's expose this cheaters.

I deposited $100 on an old account, it had a small balance from before deposited with a different card.

I withdraw the last deposit as I could not do anything in August.

The fools tried to send the $100 back to the old card and now I am told "the card cannot be changed".

These companies are all the same. Even if you make money. Goodluck taking it out.

Good spread and good costs, but it's the worst support I've ever seen. I needed to check another way to withdraw my money, support didn't help at all, a simple email saying I needed to make a deposit via transfer so I could withdraw to my bank was enough. Bad will is little for this broker. It's good for them that they have a lot of money.

I have been using tickmill for more than 1 yr now I'm using UK regulation,the service is really great customer service,I have never been any issues with withdrawals guys..it's safe and reliable..thanks

when i trade with this company i noticed there are clear differences between their demo account and Live one this mean even if you try use safest profitable EA you will lose your money .... and if your professional scalper you will lose .... All this because they are manipulating much times with candles shape this will result in fault decision ( Sell .. Buy ) ... and this mean that indicators will give you wrong and faked signals So i advise peoples not to trade with this broker even if they claimed that they will give you the lowest spread ...

I've been with Tickmill since 2015 and I dont have anything to complain so far. The withdrawal is always quick and on time. The spreads and fees are very competitive.

I only trade major FX pairs so I dont know anything about the exotic pairs and other instruments.

The only possible complaint is the high spread at the first trading hour of the day. But I understand that's because of the low liquidity and it happens on all other brokers I've traded with.

Warning: Do not deal with this company as their behaviour is unethical.

I have made a deposit 2 months ago (2021-02-08 04:52:29) of 4000 euro via Creditcard. Now Tickmill is not allowing me to withdraw my deposit.

This is their response:
Unfortunately, we cannot process refunds on a deposits which were made more than 6 months (180 days) ago. We may send your funds to you via other payment method.

For all transparency I do not have an alternative payment method registered with them nor should I.

Will file a formal complaint as this is criminal behaviour.

I have made screenshots of the logs as evidence in case they will manipulate these.

I have been with Tickmill over 5 years and they are my experience with them is excellent.
They provide direct market trading with minimal commission and almost no slippage.

Deposits and withdrawals are fast if using Skrill or Neteller even faster.

They do have a client outreach and communicate with you occasionally on promotions or events they hold.

I have had no qualms' with them at all.

Commendable and one of the best. Keep up the good work.

Tickmill threatens with legal action against me because I expose truth on social media how they refuse to pay me my funds, $35 966! Funds are not paid for more then 6 months already, and they now even threaten with legal action against me. I fight this SCAM company hard with regulators and I am going also to bring my case on court. This unjustice and fraudulent behavior must be stopped!

I strongly advise everyone to stay away from Tickmill. This is SCAM company and I kindly ask ForexPeaceArmy to mark this company with SCAM label and their ratings erased to 0.

Aug 17, 2020 - 1 Star This is SCAM company and it should be put where it belongs, to SCAM brokers. Their ratings erased.

Their price at the moment is on 24.10 $. Also straight forward crippled price action. While at same time December futures 2020 contract price which they claim they follow is on 43.22 $ with very much visible dips during upside movement. Something which we do not see in Tickmill's price action!

For situation to be even worse, they charge insane swap for long positions of more then 14 points! Total SCAM! This must be punished!

Tickmill continues their fraudulent activity by offering imaginary, fake, and wrong spot WTI price. Price which has nothing to do with reality, or with any futures contract price. Random number they transmit.

I am in close contact with FSA regulator which works on my case, and hopefully this week there will be some real progress regarding my case, and my funds paid in full.

Tickmill must pay me funds they owe me, $35 966 must be paid to my trading account # 3033967.

For more information about my case, you can follow it here: Scam - Scam alerts - Tickmill SCAM! Offers invalid WTI price in close only mode, wrong price execution for all bigger trades.

May 11, 2020 - 1 Star I am going to describe 2 problems I ran into with Tickmill. My trading account # 3033967.

First and main problem is fake and imaginary WTI CFD price they offer in the moment. Their price currently is at 9.64$ for barrel, while true WTI CFD price is 26$ for barrel, it can be checked with any other broker, or simply by looking at CME futures prices for WTI, all contracts are above 25$ for barrel. Tickmill have applied close only mode on WTI, and since I have 3 long positions I am not able to close my positions with significant profit of 26 000$, and trader can not open new long positions on that absurd, fake, low price they offer because it is only close only mode applied. I would have no problems with their close only mode if they offer true WTI CFD price, instrument I was trading with. Their excuse is that they follow movement of December 2020 futures price, which is also invalid since price for December futures is over 30$ for barrel, and also price movement is completely different. They refuse to pay my winnings after weeks of annoying conversations and invalid arguments they try to provide. I am experienced trader who has account with over 10 brokers, and what they say is completely absurd and not acceptable! Difference in their price from true price is almost 300%, no LP can justify that. There is only one true WTI CFD price and it is between 26$ and 27$ for barrel at the moment I am writing this review.

Second problem I encountered with wrong price execution for trades bigger then 1 lot size. This applies for all FX pairs and Metals. Order is executed on price NOT SHOWN in MT4, but on price worse for client by 1-2 points. This happens every time, for manually opened positions and pending positions. They stole from me on over 500 trades these 1-2 point. It is not slippage, it is wrong price execution! I brought this issue also to them, and gave them chance to refund what they were stealing from me for years, but they refused with no true explanation provided, only fake arguments which has nothing to do with reality. Experienced trader like me can not be fooled or tricked like that.

I am going to continue to fight with them with these two problems and claim my funds via court if necessary if they continue to refuse to pay what they owe me.

Everyone can feel free to contact me directly here on FPA if further details about Tickmill are wanted.

Reply by Tickmill submitted May 15, 2020 Hi Deltoid88,

We have provided all necessary clarifications and have assisted with detailed explanation in regards to your trades.

If you have any additional concerns, you can reach out to our support team.

Thank you.

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