When you’re trading online, one of the most important things to consider is the broker you’re going to work with. Each broker has its own trading conditions, instruments, and requirements, so it’s crucial to learn about them before making the decision to join. Tickmill is one of the most reputable and overall convenient brokers out there, and it’s definitely a great choice for any novice trader. In this article, we are going to explain why this broker is so popular and what you need to sign up for your own account.
One of the most popular online brokers, Tickmill has been providing professional brokerage services since 2014. While it’s especially well-known in Asia, it has a worldwide presence and a community of thousands of active traders. Tickmill is known to be a well-regulated and transparent broker: all of its operations are monitored by several financial authorities including FCA and CySEC. That means you can trust it with your money without worrying about their safety.
When it comes to trading conditions, Tickmill is also very favorable. The minimum deposit is just $100, and you can utilize leverage rates of up to 1:500. While the broker is very popular among beginners in trading, it’s also favored by many professional traders who praise its low fees and tight spreads. This broker provides spreads starting from zero pips, and that makes it a great choice for scalpers. But you need to open your own Tickmill account to enjoy these features, so let’s see how you can do it.
Creating an account
Tickmill seems to be pretty serious about your ID verification, so prepare a valid document that can be used as a proof of your identity. The registration process is very simple: just go to the Tickmill website and click the Create Account button. If you want to start with a virtual account first, choose the Demo Account option instead. There are three types of accounts offered by the broker. If you’re just a novice trader, don’t hesitate and stick to the Classic option.
Pro accounts have lower spreads but charge additional commissions for trades, and VIP accounts are for the most experienced traders only. Alright, now enter your personal information and don’t forget to verify it by providing an official ID. Then tell the broker a bit about your experience and deposit a small sum to start trading. That’s it: now you have your own account and can enjoy all the features.