Tickmill Review

3.503 · 221 REVIEWS
Updated: Oct 14, 2020 · Tickmill.com  · Is this your company?

Tickmill is forex broker. Tickmill offers the MT4 and MT4 WebTrader trading currency platforms. Tickmill.com offers over 60 currency pairs, gold, sliver, bonds and cfds for your personal investment and trading options.

Other websites of this company include TickmillPrime.com.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $100
Established: 2015
Address: 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles
Contact: support@tickmill.com, +852 5808 2921
Regional offices:
Regulators: CySEC #278/15, FSA-S #SD 008, FCA #717270
Prohibited countries:
Trading platforms: MT4
Web Trading: Yes
Mobile Trading: Yes
Currencies: (60+)
CFD: (20+) Gold, Silver, Stock Indexes, Bonds, Oil
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
MAM: Yes
Deposit Methods: Bank Wire, VISA, MasterCard, FasaPay, Globe Pay, Local Bank Transfers, Neteller, Ngan Luong, Qiwi, Skrill, SticPay, UnionPay
Withdrawal Methods: Bank Wire, VISA, MasterCard, FasaPay, Globe Pay, Local Bank Transfers, Neteller, Ngan Luong, Qiwi, Skrill, SticPay, UnionPay

Live discussion

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Tickmill.com profile provided by Tickmill, Nov 10, 2016

Tickmill is an award-winning global ECN broker, authorized and regulated by the FCA of the United Kingdom and the FSA of Seychelles. Tickmill offers its retail and institutional clients various trading services with a prime focus on Forex, Stock Indices, Commodities, CFDs and Precious Metals. The Company has distinguished itself among global ECN Forex brokers by providing excellent services with low spreads, some of the industry’s lowest ECN commissions and ultra-fast execution with the state-of-the-art London trading servers located at Equinix LD4 data center. Our team members have trading experience that goes back to 1989 and we have successfully traded all major financial markets from Asia to North America.

In June 2016, Tickmill recorded a monthly trading volume of $49.1 billion, followed by a record-high trading volume of $51.7 billion in July, which makes it one of the largest retail Forex brokers in the world.


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3.503 · 221 REVIEWS
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Let other traders know if this service is worth checking or should be avoided.

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Traders Reviews

south africa, South Africa,
Oct 13, 2020,

Last week i wrote something bad about tickmill but it was my bank

Service use: Live

Length of use: 0-3 Months

I think its tickmill is the best broker was my bank that delayed sorry for spreading lies I give it 5-star especially on their spreads and withdrawal will be trading with you for some time and see but either than that you are a good broker...but you must make the thing where get in contact with you fast like chat room maybe cause it takes about hours for you to reach us then we panic

Oct 8, 2020 - 1 Star i have made a withdrawal they went thru my bank took my money back while not knowing to so be careful they are scam don't trade with them especially south African don't recommend you this broker
Turkey, Turkey,
Sep 23, 2020,
Registered user

Withdrawal Problems (Always)

Service use: Live

Length of use: over 1 Year

I have been using Tickmill (as my secondary broker) for 3 years. Spreads are tight, execution is fast, deposit is fast. But, when it comes to withdraw your money, they are the slowest and the most problematic broker I have ever worked with. It always takes more than 1 week to get your money back. To give an example, I have made a request on 17th morning and who knows where the money is, still waiting (Ref: 0XRJ0NMRPN07HL49). And after a week if you ask where your money is, they occassionaly realize that there had been a bank problem and they re-send your money, but magically this new withdrawal happens within a day. They also force absurd withdrawal rules. If you have deposited by a credit/debit card, let’s say 3 years ago, then if you use different deposit methods later, you cannot withdraw your money by another method other than credit/debit card. This is totally ridiculous and they state that it will take 8 BUSINESS DAYS to get your “instant deposit” back. There are absolutely no technical reason to get your money back too late with so many problems.

My primary broker sends my funds to my account even sometimes within the same day, but Tickmill, hell no, I promise that you wont get your money easy. Eventually you get it if you have enough patience.
Reply by Tickmill submitted Sep 28, 2020:
Dear Rektsquare,

Thank you for your feedback, we are sorry to hear that you had a delays with your withdrawal request. From our side we do proceed with all the withdrawal requests during the 1 working day, however estimated delivery time depends of the banks/card processors. Withdrawal T&C you can check on our website: https://www.tickmill.com/conditions/deposit-and-withdrawal

If you require for further assistance, please contact our support team at support@tickmill.com our team will be glad to help you
Egypt, Egypt,
Sep 18, 2020,
Registered user

Fast withdrawal with skrill

Service use: Live

Length of use: 0-3 Months

Being trading with tickmill since 1 month no problem with them till now and i take my profit with no problem
istanbul, Turkey,
Sep 17, 2020,
Registered user

big trap in oil pricing please make a voice for this injustice

Service use: Live

Length of use: over 1 Year

Working with this company is a big problem
Where in the world 27 USD oil is sold
has been keeping oil prices low for a long time
Takes high commission
We show that investing wti usd as a reference, they say
wti usd 40 usd but tickmill wti usd 27 usd no logical explanation

May 15, 2020 - 1 Star As of April 20, they started to receive it without any transportation fee.and wti they do not accept, although there is a problem with the spot oil price
reference the month of December without informing the customer
closes opening new transactions
customers do not care about their victimization
and they try to clear themselves by throwing the blame on the price provider
make money by keeping the price low
they try to clear themselves by throwing the blame on the liqity provider
reflect transparent prices
stay away not the broker you want to work with
Frankfurt, Germany,
Sep 1, 2020,
Registered user

Service use: Live

Length of use: over 1 Year

For my first withdrawal (the withdrawal request was on the same Bank Account, from where the deposit was) they ask for a document which include my Name, Surname and Bank details like IBAN and Name of the Bank. I send this, and they ask again. WTF?, i send this a second one, with explanation, where they find the details on the document, and than they fund my bank account.

The WTI Spot Price at Corona was also a joke.

So i will rate Tickmill with Average
Reply by Tickmill submitted Sep 11, 2020:
Hi Isten,

Thank you for your feedback, we are sorry to hear that our services did not met your expectations.

In regards to WTI pricing you may find more information on our website: https://www.tickmill.com/news/important-notification-oil-trading-during-contango

For any further assistance feel to contact our support team at support@tickmill.com
ghargur, Malta,
Aug 25, 2020,
Registered user

overall a good broker

Service use: Live

Length of use: 0-3 Months

all in all a good broker but I was disappointed when I had a legitimate trade issue but the broker put it down to a slippage loss which I do not fully agree with. other than that one issue to report, I find their trading conditions amicable and easy going
Europe, Serbia,
Aug 17, 2020,
Registered user

WTI SCAM from Tickmill continues, $35966 not paid!

Service use: Live

Length of use: over 1 Year

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.
Attock, Pakistan,
Aug 13, 2020,
Registered user

Still wrong price of WTI

Service use: Live

Length of use: over 1 Year

This is the third review against the scam of Tickmill. Oil market of WTI is more than 42 dollars per barrel but still this scam broker is at 23 dollars. This is not the broker where you can get some handsome money. It can not manage the money which is small. Still they are eating money of clients by charging over nights swaps.

May 14, 2020 - 1 Star What happen to Tickmill? Why they are manipulating WTI prices? They are showing 9.45 dollars per barrel of WTI but Real price is now 27 dollars. This is happening to them for a month. Last month when I asked why this happen and they replied they are showing May, 2020 contract price. Again When I contacted they said, They are showing Jun, 2020 contract price, and finally at the end of April they said they are showing July, 2020 prices. Again on contact with them, they said they are showing cash prices of WTI, I asked them if so then please give me Crude oil in physical quantity which you are showing because all over the google and the brokers are selling it above 25 dollars. And Now they are saying that they are showing DEC, 2020 contract price, What the hell with them? Are traders are so foolish as you are? They are not showing real price of the market and eating the accounts of clients by charging daily heavy swaps on positions. Can FPA take any actions against this unfair mean of tickmill?

Apr 20, 2020 - 2 Stars I am with tickmill almost 6 years with tickmill. They are good like all other brokers if you are losers. If you are winner then they will change the game in between your open positions. Recently I have opened trades on USOIL with them with big lots. They move down the market where they want even on 11 dollars. My positions are floating with negative balance. Account was swap free but now they changed the game within one week. They are charging heavy swaps with the name of handling charges on over night positions. Mostly brokers shows USOIL prices now on 23 dollars but their charts are showing 11 dollars. What the hell with them? Can you believe such cheats?

Reply by Tickmill submitted Apr 29, 2020 Dear willi2000

Tickmill does not interfere with the pricing of its Oil products. Tickmill simply transmits the pricing coming from the Liquidity provider to its clients.

Please refer to our latest news release on oil trading during contango:

  1 trader has found this review helpful
Singapore, Singapore,
Aug 8, 2020,
Registered user

very positive so far

Service use: Live

Length of use: 6-12 Months

I'm only trading forex and my impression so far is very positive:
- spreads are extremely competitive. They might be wider around the rollover time, than some other brokers offer, but my night scalping strategies work just fine with rather chunky lots (3-5)
- slippage is reasonable: mostly occurs on a volatile markets and rarely large
- deposit is hassle-free
- commission. That's separate story: it's below the market average on a basic level account. It's halved on VIP. And cashback shaves off most of what's left
- VPS is bundled in the VIP package. It's less than 1ms away from the server and Beeks running the VPS know their job, best customer service I've ever dealt with
- Customer support. As anywhere else, you get the blunt uneducated reply first, suggesting you should restart your MT4 or something else. But if you dig a bit deeper and substantiate your claims, they escalate it to the relevant department and you get very sensible answer.
Overall: being in this industry for quite a while I found my experience with Tickmill very balanced, even through the recent rough patch.
Dhaka, Bangladesh,
May 29, 2020,
Registered user

I got a live account with tickmill

Service use: Live

Length of use: 0-3 Months

I have opened account about 2 months ago. Have not withdrawn funds as of yet. I'm done testing and shall live trade for real.
I cannot rate them now for withdrawal, but for speed, execution, instant deposit, I give them 4 star,
I will add stars after withdrawal.
Essex, United Kingdom,
May 24, 2020,
Registered user

Good broker

Service use: Live

Length of use: 6-12 Months

I have found Tickmill to be a good overall broker. The minimum deposit was $100, which I was OK with and was pleased there were no fees/charges on deposit and withdrawals. There are a good number of ways you can fund your account, which is good. I did use their live chat, who were helpful but not available 24/7.
Australia, Australia,
May 21, 2020,
Registered user

Seem fairly good

Service use: Live

Length of use: 0-3 Months

I haven't used this broker too much to be fair, but I did open an account here for one of my EAs. The type of EA was a very active one which is not allowed at most brokers due to hyperactivity, but is allowed at Tickmill. The only problem was, it worked great on demo, but checked through my capital very fast on a live account due to the commissions (no fault of tickmill, just not the best EA).
I did't continue my trading with tickmill due to the low leverage offered for retail clients (1:30) and they also do not offer crypto, which I think is a bit behind the times.
India, India,
May 14, 2020,
Registered user

Wti price scam fraudulent alert

Service use: Live

Length of use: 6-12 Months

Wti price is different from other brokers they are cheating I dnt recommended this broker here after they are not giving proper reason if we ask they always telling contract Dec 2020but Contract price is above 30$ tickmill price 9.65$fake movement fake price.tickmill will can't able to prove that ..can tickmill show the contract details and your liquidity provided details??

May 5, 2020 - 2 Stars May I know what happening in wtiusd all other brokers price is moving and price around 20$ but in tickmill around 8-9$if I asked they are saying LP providing this price like that how long they going to hold the price if any one can explain this

Reply by Tickmill submitted May 8, 2020 Dear Imran1705,

Tickmill does not interfere with the pricing of its Oil products. Tickmill simply transmits the pricing coming from the Liquidity provider to its clients.

Please refer to our latest news release on oil trading during contango:

  4 traders have found this review helpful
Europe, Serbia,
May 14, 2020,
Registered user

Absurd WTI oil price

Service use: Live

Length of use: over 1 Year

Absurd price on WTI oil on Tickmill, they offer 9.68$ for barrel at the moment. Total nonsense since all futures contracts are over 26$ which can be checked anytime on CME. Other brokers have completely normal and true price, over 27$ for barrel at the moment.

They say they follow December 2020 futures price at the moment, but that is even more absurd since December futures price is over 30$ for barrel.

Tickmill, what are you doing with your price on WTI?

This is pure scam, their price has nothing to do with reality. If they do not manipulate price, then their LP does, and Tickmill is obligated to change this absurd price by changing its LP. However you look at this issue , price is absurd and Tickmill offers it, then Tickmill performs fraudulent activity here.

People, stay away from Tickmill. This is scam.
  4 traders have found this review helpful
Uk, United Kingdom,
May 1, 2020,
Registered user

Tickmill change goalposts

Service use: Live

Length of use: 0-3 Months

After having an account on demo I opened a live and have experienced tickmill emailing with changes to my leverage and positions and also persistent phone calls with no purpose.

I've never tried the withdrawals so cant comment.

From the trades I placed the spreads seemed ok but I did see them fluctuate a lot
Indian=, India,
Apr 27, 2020,
Registered user

Very good broker, low spreads, fast withdrawals and deposits.

Service use: Live

Length of use: 6-12 Months

Very good broker, low spreads, fast withdrawals and deposits. Easy Deposit and Withdrawal with minimum charges
Da es salaam, Tanzania, United Republic of,
Apr 23, 2020,
Registered user

2years with tickmill

Service use: Live

Trading conditions are favourable but what is boring is in some cases during withdrawing they give your money in two installments.
  3 traders have found this review helpful
Indonesia, Indonesia,
Apr 23, 2020,
Registered user

WTI laverage change from 1:500 to 1:20

Service use: Live

Length of use: 6-12 Months

Tickmill push us to cut our position by reduce laverage from 1:500 to 1:20
How can we provide 25 times of our previous balance to cover this change?
Are you doing a honest business?
Don't do this or you are a scam
  2 traders have found this review helpful
Reply by Tickmill submitted Apr 29, 2020:
Dear client,
In order to address the extreme volatility and ensure safe and orderly trading for our clients, the leverage on our WTI spot product was changed from 1:100 to 1:20. We have informed our clients in advance so they could manage their positions prior to Margin changes being implemented.

You can contact our support team if you need any additional assistance.
Fortaleza, Brazil,
Apr 14, 2020,
Registered user

Payment methods

Service use: Live

Length of use: 0-3 Months

For a few months I tested this broker and apparently it is great considering the short time of use, However, a negative point would be the forms of payments provided. They do not work with (Pay4Fun) the Brazilian electronic goods, because even offering skrill and neteller both do not already operate in Brazil.
Reply by Tickmill submitted Apr 16, 2020:
Dear Caio Barboza,
Thank you for your feedback.
We are continuously improving our payment services by adding new payment methods. For the most up to date information on the available deposit and withdrawal methods please visit: https://www.tickmill.com/conditions/deposit-and-withdrawal
Bangkok, Thailand,
Apr 8, 2020,
Registered user

Update on "1000 pip slippage" - Received a full refund

Update on my previous review "1000 pip slippage". Tickmill has corrected the mistake, and issued an apology and a full refund for a loss caused by the massive slippage. Other than this, I don't have anything else to complain. Since this issue was resolved positively, I'm continuing to trade with Tickmill.

Mar 26, 2020 - 1 Star 2020 03/26 10:24 (tickmill server time) there was massive 1,000 pip slippage with XAU/USD pair. It happened instantly, moved over 1,000 in 1 bar in M1 chart. We all know what this is. Caused huge loss to my account and many others. I sent an email to their customer service and am waiting for reply. I'll update once I get a reply and see how Tickmill fixes this and protects their customers. Hopefully they can resolve passively, not just making excuses and make customers take the losses.

Reply by Tickmill submitted Mar 30, 2020 Dear Skymeow,

Thank you for your message. Our support team is dedicated to providing assistance to all our clients, please rest assured that your email will be replied to soon. Provided that you have included your trading account number and trade ID in your email, the relevant trades will be checked and you will be informed via email.
  2 traders have found this review helpful
OSAKA, Japan,
Apr 4, 2020,
Registered user

I give a good evaluation.

Service use: Live

Length of use: over 1 Year

I did business with Tickmill. I have a very good opinion of Tickmill. It is sad that Japanese business was suspended in March 2020. I am waiting for the resumption of business.

Mar 10, 2019 - 2 Stars I started using Tickmill from March/2019.
● There are transactions where orders are not executed.
● Order slippage and loss occurred.
I am earning money, but I feel uneasy about the order execution ability.

I am not trading news!

Reply by Tickmill submitted Mar 12, 2019 Hi Siro-Kuro,

Thank you for your comment.

Can you please send specific details and screenshots to our support team? They will investigate with the responsible department and get back to you.

You can reach them at support@tickmill.com

We remain at your disposal for anything else you may require.
Sao Paulo, Brazil,
Apr 2, 2020,
Registered user

Descending broker

Service use: Live

Length of use: 0-3 Months

Decent broker in its proposal, great spreads, very current technology, initially operating three accounts at $ 100 with great returns and no problems
KAZAN, Russian Federation,
Mar 30, 2020,
Registered user


Service use: Live

Length of use: 6-12 Months

I ask you to consider my complaint regarding the brokerage company Tickmill. I explain the essence of the complaint below: When opening transactions on a real account such as pro standart, account number 3040686 Thus, the brokerage company deprives the proper profit and distorts the real financial position of the transaction. This type of fraud has been recorded by me repeatedly and on an ongoing basis. Manipulative actions of the broker appeared on the second day of trading on this account. I have recorded this incident on the video and I am ready to provide evidence at the first request of the regulator. the opening price does not correspond to the real indicator of the market price at the time of opening in favor of a brokerage company. Also, with a negative movement relative to an open transaction, the drawdown on the order is fair, and with a positive movement relative to an open order, the profit is unjust and underestimated. I ask you to analyze this type of fraudulent activity of the Tickmill broker and return the initial deposit to me

More. Community discussion of this issue >>

Reply by Tickmill submitted Apr 8, 2020:
Hi Ismagilov,
As we’ve repeatedly said and explained, we have offered all the help we could have to you personally via email and phone. If you have any additional questions or need any clarifications, you can contact our support team at support@tickmill.com.
Mexico City, Mexico,
Mar 9, 2020,
Registered user

Good broker!

Service use: Live

Length of use: over 1 Year

I trade with Tickmill around 1 year and everything was good, deposits and withdrawals without problem and excellent spreads.
  2 traders have found this review helpful
Pakistan, Pakistan,
Feb 24, 2020,
Registered user

best Broker i ever experienced

Service use: Live

Length of use: over 1 Year

tick-mill is the only one that hold the best possible low spreads , with the best possible low commission , along with the best possible liquidity provider , having a great execution speed .
Withdrawals are always on time , i never had any issue with them , One of the best company in the present market of Forex.
  1 trader has found this review helpful

Frequently Asked Questions

Is Tickmill regulated?

Tickmill has 3 regulators:

  • Tickmill UK Ltd is regulated by the UK Financial Conduct Authority (FCA)
  • Tickmill Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CYSEC)
  • Tickmill Ltd is regulated by the Seychelles Financial Servics Authority (FSA)

How do you use Tickmill?

To get started trading with Tickmill:

  • first, you need to complete your tickmill client registration, login, and upload all the required documents
  • once that's done and your documents are approved, you can select your account type and create the account
  • then, select a payment method and make your initial deposit
  • next, either go directly to MT4 WebTrade or else download and install MetaTrader 4
  • finally start trading with the Tickmill

How do I withdraw my Tickmill bonus?

New clients of Tickmill can get a $30 live bonus, unless their country is excluded from this promotion.

  • The bonus account can be traded for 90 days
  • The initial amount of $30 cannot be withdrawn
  • However, as long as the terms and conditions are followed, a minimum of $30 and a maximum of $100 of profit earned in the bonus account can be transferred to a live account after the client deposit a minimum of $100 in that live account

What type of broker is Tickmill?

Tickmill is primarily a forex trading broker with over 60 currency pairs available to trade.

Tickmill also offers CFDs on stock indexes, oil, precious metals, and bonds as additional trading instruments.

Is Tickmill a good broker?

The best way to answer if Tickmill is a good broker is to read the unbiased traders reviews on ForexPeaceArmy: https://www.forexpeacearmy.com/forex-reviews/8718/tickmill-forex-brokers

Additionally, we recommend to check recent Tickmill broker community discussions: https://www.forexpeacearmy.com/community/tags/tickmill/

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

What is the minimum deposit for Tickmill?

The minimum deposit to open a trading account with Tickmill is $100.

Tickmill also offer a VIP account which requires a minimum opening balance of $50,000.

Does Tickmill allow scalping?

Tickmill permits scalping as well as news trading and the use of EAs.

How long does it take to withdraw from Tickmill?

Tickmill processed nearly all client withdrawal requests within 24 hours.

Delivery times after processing vary from instant to up to 8 days depending on the withdrawal method.

For bank wires $5000 and above, Tickmill promises to reimburse any transaction fees up to $100.

Does Tickmill have Nasdaq?

Among trading instruments Tickmill offers CFDs for Nasdaq 100, and S&P 500 US stock indexes.