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Tickmill Review – Should You Open an Account With Tickmill?

Tickmill is an online trading service that has been in business since 2014. The broker has offerings to appeal to beginner and expert traders alike and has several account types. Tickmill is Tickmill Ltd’s trading name and part of Tickmill Group. The Seychelles Financial Services Authority (FSA) regulates Tickmill Group, with additional regulation from the…

Tickmill is an online trading service that has been in business since 2014. The broker has offerings to appeal to beginner and expert traders alike and has several account types.

Tickmill is Tickmill Ltd’s trading name and part of Tickmill Group. The Seychelles Financial Services Authority (FSA) regulates Tickmill Group, with additional regulation from the FCA and CySEC.

According to the Tickmill website, Tickmill Group has more than 263,000 registered accounts, more than 111,000 satisfied clients, more than 150 employees around the world, and has executed more than 215 million trades.

Strengths

  • Regulated by the FCA
  • More than 200 million trades
  • Nice range of assets

Weaknesses

  • No ability to choose a trading platform

What can you trade?

£100
Min Deposit

Good
App Support

1:30
Max Leverage

As you review Tickmill forex offerings, you will likely appreciate the range of offerings available as well as the quick average execution speed of just 0.15 seconds.

The broker offers spreads starting at 0.0 pips and provides clients access to more than 60 currency pairs. This Tickmill forex review points out that the broker offers leverage of up to 1:500. It also allows for all trading strategies.

As an example of the spreads you can expect as you review Tickmill forex pairs, EURUSD has a minimum spread of 0 and a typical spread of 0.2. Long positions are -8.51 and short positions are 4.9, at the time of writing.

£100
Min Deposit

Good
App Support

1:30
Max Leverage

As you review Tickmill CFD offerings, you will notice that most assets available via the broker come in the form of CFDs. These include precious metals and bonds. The average execution speed of 0.15 seconds is the same in a Tickmill CFD review as it is with other assets from the broker.

Tickmill supports gold and silver crosses for precious metals, with spreads from 0.0 pips, support for all trading strategies, and leverage of up to 1:500. The typical spread for XAGUSD is 0.021 and 0.12 for XAUUSD at the time of writing this UK Tickmill review.

Bonds have similar features to those in other aspects of this Tickmill review, including the same quick execution speed, enabling of all trading strategies, and spreads from 0.0 pips. There is also access to German Bonds, a relatively unique offering that many traders will appreciate. Most bonds have minimum spreads of 18 with typical spreads of 40.

£100
Min Deposit

Good
App Support

1:5
Max Leverage

This Tickmill UK review points out that the broker supports trading of stock indices, which feature groupings of stocks that share some features in common. The broker prides itself on delivering a fast execution speed averaging just 0.15 seconds.

Spreads for stock indices from Tickmill start at just 0.0 pips and leverage can be as high as 1:100. There are more than 14 indices to choose from, which is less than some competitors but still a reasonable amount. As with other asset classes, you can use any trading strategy with Tickmill stocks.

To provide example rates to help you review Tickmill offerings and make a decision, consider that the minimum spread for the DE30 is 00.7 with a typical spread of 0.8. For UK100, these figures are 0 and 1.09, respectively. They are 1 and 2, respectively for the US30.

It is easy to review Tickmill UK rates and spreads for stock indices and other assets via the page on the website, which is clearly outlining the spreads.

£1
Min Deposit

Few
App Support

1:2
Max Leverage

You will not find a Tickmill cryptocurrency review as the broker does not offer cryptocurrencies for trading. Our search to review Tickmill cryptocurrency offerings looked at both forex pairs and CFDs, which is where most competitors list cryptocurrencies if they are not listed separately. Because of the lack of this asset, those who want to review Tickmill cryptocurrency offerings will want to look for a different broker that does offer this asset class.

What did our traders think after reviewing the key criteria?

This Tickmill UK review finds that the broker is transparent with its fees, something that we highly appreciate and feel that potential clients will as well. There is a dedicated page of the website that is easy to find and lists the spreads and swaps for all assets. It is conveniently divided by category and features a search bar.

Commissions depend on account types, with classic accounts using spreads instead of commissions. You can also choose an account with lower spreads and commissions, depending on your trading strategy.

This Tickmill review also finds that the broker has good leverage offerings, with up to 1:500 for forex, 1:100 for stock indices and oil, 1:250 or 1:500 for metals, and 1:100 for bonds.

There are three main types of accounts outlined in this Tickmill review, with some other variations available. All accounts have minimum deposits of 100 units unless otherwise specified.

Classic Accounts let you select the base currency of USD, GBP, or EUR. Spreads start at 1.6 pips, leverage goes up to 1:500, there is a minimum lot size of 0.01, and there are zero commissions. This type of account allows for all strategies and swap-free Islamic accounts are available.

Pro Accounts add the option of PLN as a base currency. The maximum leverage is 1:30 for retail clients and 1:500 for professional clients. Spreads are from 0.0 pips with commissions of 2 per side per 100,000 traded. Once again, Islamic accounts are available, and all strategies are allowed.

VIP Accounts increase the minimum balance to 50,000 units of your base currency, which can be USD, GBP, or EUR. They allow for all strategies and Islamic accounts. The leverage can be up to 1:500 and spreads start at 0.0 pips. Commissions are 1 per side per 100,000 traded.

To open an Islamic account, you contact Tickmill customer support and they will process the request within a business day. You receive an email when the setup is complete. If you plan on opening multiple accounts with Tickmill, any future accounts you open will also be swap-free, saving you time.

Those who want to complete their own Tickmill review before opening a real money account can also sign up for a demo account. It uses virtual funding, real market conditions, and access to the full-featured trading platform.

Those with experience trading will find it easy to review Tickmill CFD offerings and other assets as the broker uses the MetaTrader 4 platform. This is the most popular platform in the market and is fully customisable. You can use the Web Trader version of MT4 or a downloadable version for Windows, MacOS, Android, or iOS.

Trading with MetaTrader 4 gives you access to the CFDs on forex, stock indices, bonds, and commodities available via Tickmill. The platform also allows for the execution of orders without partial fills, thanks to the huge liquidity depth.

The platform supports Expert Advisors, which are made easier thanks to VPS services that this Tickmill review feels are a strong offering. Advanced traders and those learning various trading skills will appreciate the inclusion of customisable charting, advanced technical analysis, and more than 50 indicators. Trading signals are also available, complete with an advanced notification system.

The Web Trader has the full functionality of the downloadable MetaTrader 4 platform, including more than 30 indicators, nine time frames, customisable price charts, real-time quotes via Market Watch, and securely encrypted data transmission. Best of all, there is no need to download a platform and you can begin trading immediately.

This Tickmill review feels that the website and platform that the broker uses are highly usable. MetaTrader 4 is the industry standard and there are numerous tutorials available online for those who need help getting started, with additional tutorials from Tickmill.

The Tickmill website has a professional appearance with a mostly grey background and black font, mixed with relevant background images and white font. Between the main navigation menu and the bottom navigation menu, visitors to the website should be able to find all of the information they need.

Tickmill Review

If you have any questions as you use and review Tickmill CFD offerings, you should be able to find the answers in the FAQ section. This page has several categories, a section for Top FAQs, and a search bar.

When you want to contact customer support, this Tickmill review lets you know that you can use the live chat, call for phone support, or send traditional mail. Client support is only available on weekdays from 7:00 to 20:00 GMT (GMT+1 during Daylight Savings). The lack of 24/5 support is a serious consideration in this Tickmill review as many competitors offer that level of support. However, most people will find the 13 hours of daily support to be enough, unless they prefer to trade at odd hours.

Tickmill offers many deposit and withdrawal methods, with certain methods only available in certain countries. All withdrawals occur in your account base currency.

Card payments

Tickmill accepts payments in USD, GBP, and EUR via Visa or MasterCard, with minimum deposits of 100 and minimum withdrawals of 225. There are no fees. Deposits are instant and withdrawals take up to a working day.

Bank wire transfer

Bank transfers are supported in EUR, GBP, or USD with a minimum deposit of 100 and a minimum withdrawal of 25. There are no commissions and the deposit or withdrawal is processed within a business day.

E-wallets

There is also support for various e-wallets, most of which have instant deposits, minimum deposits of 100, and minimum withdrawals of 25. Skrill and Neteller are accepted for USD, EUR, or GBP, with instant deposits and withdrawals within a working day.

Other regional e-wallets with support from Tickmill include STICPAY, FasaPay, UnionPay, NganLuong.vn, Qiwi, and WebMoney.

In terms of education, Tickmill offers a range of free seminars around the world in a variety of languages. There are also e-books on strategies for trading majors and becoming an introducing broker. Those who prefer visual learning will appreciate the broker’s collection of educational videos in various languages. There are also infographics, a forex glossary, technical and fundamental analysis, relevant articles, and market insights.

To assist with trading, the broker offers Autochartist, Myfxbook Copy Trading, an economic calendar, forex calculators, a VPS, and one-click trading.

At the time of writing, there is also an offer of a $30 Welcome Account, so new clients do not need to deposit funds to begin trading.

As mentioned, Tickmill Group, including Tickmill, is regulated around the world by multiple organisations.

The Seychelles Financial Services Authority (FSA) regulates Tickmill Ltd as a security dealer with license number SD008. The Financial Conduct Authority (FCA) regulates and authorises Tickmill UK Ltd with register number 717270. The Cyprus Securities and Exchange Commission (CySEC) regulates and authorises Tickmill Europe Ltd with license number 278/15 as a CIF limited company.

Additionally, various Tickmill Group trading names are registered with the FCA in the United Kingdom, BaFin in Germany, CONSOB in Italy, ACPR in France, and CNMV in Spain. This Tickmill review also points out further confidence in the broker via its participation in the MiFID II, the Financial Services Compensation Scheme, and the Investor Compensation Fund.

In addition to positive Tickmill forex review articles, the broker and other members of Tickmill Group have earned numerous honours and awards over the years. In 2019 alone, it was the Best Forex Execution Broker at the CFI.co Awards, Best Trading Platform Provider at the FxDailyInfo.com Broker Awards, Best CFD Broker Asia from International Business Magazine, Best CFD Provider from the Online Personal Wealth Awards, Most Transparent Broker from the Forex Awards, and Best Forex Broker Asia from the Forex Awards.

Tickmill FAQs

Tickmill offers 80+ financial instruments across FX, commodities, stock indices, and bonds. Although the firm provides its services to customers around the world, the broker does not accept US residents since ‘Over the counter’ trading in financial instruments is against the US securities law. Founded on the legislation of the Dodd Frank Act, the SEC has imposed stringent regulations against CFD trading in the country.

Tickmill is a multi-asset, multi-regulated broker, owned and operated by the Tickmill Group of Companies. The broker is authorised by the tier-I Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Europe and the FSA in Seychelles. You can trade in 80+ instruments with a minimum deposit of $100, spreads from zero pips, leverage of 500:1, 0% commissions and from a choice of three account types. So yes, Tickmill is a good broker.

Besides bank wire transfers and card payments, Tickmill accepts payments via eWallets such as Skrill and Neteller. The other regional e-wallets include WebMoney, UnionPay, NganLuong.vn, FasaPay, Qiwi, and STICPAY. PayPal does not feature in the list of online wallets accepted by Tickmill.

Withdraw funds in your base currency from the client area. All you have to do is log in, fill out the withdrawal form and submit. The withdrawal methods include Visa, MasterCard, bank wire or eWallets such as UnionPay, FasaPay, WebMoney, STICPAY, and Qiwi.

The minimum withdrawals for bank wire transfers and e-wallets are $25, and $225 in the case of Visa or MasterCard. The processing time is one working day, and Tickmill does not charge withdrawal fees.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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Statements about Cryptocurrency

Statements about Cryptocurrency

Cryptocurrencies are in a bubble and regulators could burst this at a whim.

  • Eight years after the introduction of Bitcoin, there are now over 900 cryptocurrencies and their prices are at all-time highs.
  • Richard Schiller categorizes bubbles as an underlying story driving the market forward, as opposed to the fundamentals of the assets. Cryptocurrencies are riding on a narrative of economic empowerment and freedom.
  • Despite the widespread attention that cryptocurrency receive, many of the actors involved in the market are not fully informed. Debate tends to turn to hype and naive investors are buying crypto-assets without fully understanding what they are.
  • Banks spend 73% of the market capitalization of Bitcoin each year on regulatory compliance. Crypto-assets are currently unregulated and free of these restrictions. As such, the market has thrived but also developed some bad habits.
  • Regulators cannot necessarily shut down cryptocurrencies, but they can restrict liquidity into them from fiat currencies and hamper their growth. The global derivatives market, for example, is worth $1.2 quadrillion, dwarfing Bitcoin’s $100 billion market cap.

Statements about Cryptocurrency

Market manipulations in crypto markets are undermining their credibility.

  • Due to low liquidity, no regulation, and a lack of clear understanding of the markets, pump and dumps are widespread in crypto markets. This is where a speculator can artificially sell while concurrently buying their own currency, wait for the market to rise, and then dump their holdings.
  • Frontrunning is also a common occurrence in ICOs, where early investors—who are used to show initial faith in the enterprise—buy discounted tokens before immediately selling them on.

As with historic bubbles, scams are exploiting naive investors.

ICOs can have the characteristics of vaporware. Entrepreneurs are raising hundred of millions of dollars purely on concepts. Money is being raised from investors who do not truly understand the technical concepts being proposed to them, let alone whether they are feasible.

  • The actual asset structures of ICOs are not only complex but also new forms of assets in their own right. This further confuses investors, which is compounded by the “FOMO” mentality of rushing into investments and following the crowd.
  • The use of celebrities to promote ICOs further demonstrates the use of manipulative marketing techniques used to cajole immature investors into participating in ICOs.
  • The current ICO craze is reminiscent of the South Sea Bubble of the 18th century, a speculatory period that involved crazed investment into enterprises in the New World. Once one of the highest valued companies of all time, the South Sea Company’s bubble burst and the company disappeared almost as quickly as it appeared.

Blockchains are still not proven technology, and more work is required.

  • Blockchains are still new concepts and their technology has not yet been proven on a consumer-wide scale. Attention should be focused on developing this, not speculating on short-termist projects.
  • The security of blockchains is a concept that most investors in crypto-assets do not understand. The onus is on them to protect their assets, which, on the basis of the amount of thefts and frauds in the space, is not being done properly.

There are some solutions to these issues.

  • A less polarized mentality of “us against the world” is needed; this could be enforced by the promotion of self-regulatory standards. These could also help to highlight the bad actors in the ecosystem.
  • More development is required into the underlying technology of blockchains. In the long run, this would be far more valuable than ICO moon-shot projects.
  • Awareness and discussion needs to be promoted. Conferences should present balanced debates from both sides of the crypto-view and more emphasis should be placed on educating investors instead of soliciting their investments.

Originally Published here at https://www.toptal.com

Statements about Cryptocurrency

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CMStrader Signals provider, the number 1 signal provider 4 years in a row

CMStrader Signals provider, the number 1 signal provider 4 years in a row.

CMStrader, the number 1 signal provider 4 years in a row, is now offering free signals to new clients!  Reliable trading tools are fundamental part of successful trading.

cmstrader for the Best Trading Signals

cmstrader for the Best Trading Signals

 

CMStrader’s signals success rate is estimated in 91% this should be enough to take a look and decide for yourself. since this is their biggest feature and drives this broker towards success, it is opretty afe to say that they do their utmost to provide you with quality forex signals.

This broker also entered the cryptocurrency market and offers several cryptocurrencies.  in short they act on the market and engage their clients directly.

when you start trading at CMSTrader, you can choose from a extended list of currencies, indices, commodities, gold and oil.

CMStrader Signals for better Trading

CMSTrader sends trading signals to traders’ accounts when there is an opportunity to buy or sell orders at specific points; an overview of the speculated price or loss ratio is included.

CMStrader Signals the number 1 signal provider among brokers

CMStrader Signals the number 1 signal provider among brokers

The signals are sent directly via SMS to a cellphone for major currencies traded on the stock exchange, foreign goods and precious metals.

In addition, signals can be sent to an e-mail address and or traders can be notified directly over the phone.  This service is available 24/5.

Like with Most proper signal services don’t expect 50 signals a day as simply there are not that many. you will get maybe a few good ones a day on which you could and most of the time should act.

Earn profits with CMStrader Signals in the forex market – the biggest trading scene in the world. Enjoy our unique benefits, trading education, minimum margin and best leverage! Start with a demo account and enter the amazing world of forex with CMStrader.

More about CMStrader Signals & Forex Broker

  • Name :CMSTrader
  • Website :cmstrader.com
  • Established :2013
  • Regulation :FSP
  • Country :United Kingdom
  • U.S. Clients Allowed ?  :No

CMSTrader is a leading investment advisor specializing in personal wealth management and growth and is a somewhat a newcomer to the Forex market.

they started in 2013 and since then have won several awards 2 including one for having best customer service in 2013.

CMSTrader “CMStrader Signals” is authorized under the name of CMS Ventures Limited which is a New Zealand Registered Financial Service Provider (FSP).

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Supreme Court Sides With Bits of Gold in Bank Dispute

Supreme Court Sides With Bitcoin Broker “Bits of Gold” in Israeli Bank Dispute

Upon appeal, the Israeli Supreme Court has rejected the closure of Bits of Gold’s banking facilities at Leumi bank, Tel Aviv.

The Israeli cryptocurrency brokerage’s appeal followed a previous ruling against it that has now been set aside by the higher court.

As Israel and many other countries struggle with the accelerated phenomenon of virtual currencies, Leumi Bank recently made the news for being a particularly blunt in its rejection of Bitcoin.

We should of course not be surprised with the banks attitude towards bitcoin or any other cryptocurrency for that matter. keep in mind that the banks become more and more obsolete because of them. Bits of gold versus leumi

They will keep on loosing money which now they make with ridiculous commissions of work that is fully automated. so they will try to see how they are able to make the operation and acquiring cryptos  as hard as possible knowing that they will never be able to stop them.

There is widespread anticipation that the upcoming G20 Summit in March 2018 will produce a global, moderate framework for a regulatory approach. Set against that are persistent hostile stances the world over from banks, asset managers and even governments towards cryptocurrencies.

Now that the countries understand there is money to be made with Taxation in cryptocurrencies they might want to make sure that the banks stay within their lane. 

Apart from the Israeli revenue service opting to tax cryptocurrency assets as “properties” and other more positive developments dating back to mid-2017, Israel remains a strange mix of genteel acceptance alongside wildly opposing voices.

There is thus Hope But no decision

Bits of Gold has fought a David and Goliath battle since their banker decided it wanted to steer clear of all cryptocurrency-related business.

On record as recently telling another bitcoin-related trader that they simply don’t want the business, Leumi Bank’s hard-line stance is accumulating bad press. The second-largest bank in Israel appears as discriminatory when analyzing virtual currency traders and other digital coin businesses.

During 2017, a customer made a bank transfer to the Kraken exchange site for buying bitcoin worth $1000. The bank identified the request, halted it, and started investigating.

The elated CEO of Bits of Gold, Youval Rouach said that “The court’s decision enables us to focus on the growth of the Israeli cryptocurrency community.”

 

The February 26 Supreme Court ruling granted Bits of Gold a temporary injunction against their account closure pending further scrutiny by the bank and other parties. The presiding bench declared that the company had “acted transparently and did not violate any provision of law.”

Calling the bank’s concerns “speculative” and turning an unsympathetic ear to the plaintiff, the ruling does, however, allow for the bank to still close the account on any small technical detail that defies legislation. As a record of a public spat around cryptocurrency’s right to be recognized in many ways, the ruling is seen as a victory for the local cryptocurrency community.

One Small Step Forward

Although not as absolute as nations like China that has opted for draconian bans, Israel is a front line for digital coins’ right not just to exist, but also become assets in the true sense of the word. The Supreme Court noted in its written ruling that Bits of Gold had not made itself guilty of the violation of any standing laws since opening its doors for business.

 

The Bits of Gold v. Leumi Bank case might become something of a test case once the bank applies its mind in scrutinizing the company’s accounts against the backdrop of existing legislation. The outcome will also be informed by sentiment post the G20 Summit due in March as well as other global regulatory trends.

Now that the countries understand there is money to be made with Taxation in cryptocurrencies they might want to make sure that the banks stay within their lane.

This was First Published by coindesk

 

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