โœ… ForexDubai.com - Forex Trading in Dubai, UAE
ForexDubai.com - Best Forex Trading Brokers in Dubai, UAE

Tickmill Dubai - Tickmill Forex Broker Review in Dubai, UAE

As a member of the TickMill Group, TickMill Dubai, UAE is under the supervision of five reputable regulatory authorities, namely the DFSA of Dubai, FCA of the UK, CySEC of Cyprus, FSCA of South Africa, and FSA of Seychelles. The acquired licenses from the aforementioned regulatory bodies show how committed this broker is to providing above-board financial services to all of its clients.

Ever since its arrival on the financial scene in 2014, TickMill has managed to provide more than 400,000 clients from +200 countries with 785,000 registered accounts in addition to all the required financial services. The company takes its clients' needs very seriously, which is why its official website is available in 14 different languages.

To join the company as a client, you simply ought to open a trading account by depositing the minimum required amount ($100). You can opt for the Classic or the Raw trading account (both available on MT4/MT5) to access top-notch trading features, such as ultra-low spreads from 0 pips, leverage of up to 1:1000 with low to no commission, and an average execution time of 0.2 seconds. Additionally, you get to trade in +180 trading instruments, including Forex, stock indices, oil, metals, bonds, and cryptocurrencies by implementing any trading strategy you see fit.

Furthermore, TickMill Dubaiโ€™s commitment to its responsibilities as a service provider in the FX industry has led to some prestigious awards, including the Best Trading Conditions 2021 from the FxScouts Forex Awards 2021, the Best Forex Customer Service (Global) from the Global Forex Awards 2021, and the Best Forex Trading Experience (Asia) from the Global Forex Awards 2021.

TickMill Dubai has made your process of deposits and withdrawals pretty straightforward. You can use methods, such as Bank Transfers, Bank Cards, E-Wallets (Skrill, Neteller), and Cryptocurrencies (Bitcoin and Tether). Most of your transactions will be completed either instantly or within a business day.

TickMill Dubai fully understands the obstacles that new traders face in the earlier stages of their trading career due to a lack of knowledge and necessary skills. To that end, the company provides resources such as Webinars, Seminars, E-Books, Video Tutorials, Infographics, Glossaries, Analyses, Articles, and Market Insights to make your trading experience as smooth as possible. You can also make use of the Autochartist, Copy Trading, Economic Calendar, Calculator, and VPS in your trading arsenal.

If the clients ever find themselves in need of technical assistance, they can simply reach out to the 24/5 TickMill Customer Support Team via Email and Live Chat in multiple languages. Clients can also visit the dedicated FAQ page on the official website for common questions that they might have.
Tickmill Rating: 4.5 / 5
Rating:
4.5 / 5
๐Ÿ‘‰ Website: www.Tickmill.com
๐Ÿ”ธ Licenses: CySEC, FCA, FSCA, FSA, DFSA
๐Ÿ”ธ Headquarters: Cyprus
๐Ÿ”ธ Year Founded: 2014
๐Ÿ”ธ English / Arabic Support: Yes

Tickmill Dubai Trading Accounts

TickMill Dubai provides its clients with two types of trading accounts, namely Classic and Raw. These trading accounts come with Ultra-fast NDD Market Execution with no re-quotes. In addition, traders get to implement any trading strategy they see fit including Hedging and Scalping.

โœ… To opt for the Classic Trading Account (a recommended choice for new traders), traders are required to make at least a $100 deposit which will give them access to features, such as spreads from 1.6 pips, minimum trading size of 0.01 lots, and leverage of up to 1:1000. Moreover, Classic account holders are not required to pay a commission. It should be noted that in this account only the original market is displayed without the markup.

โœ… To opt for the Raw Trading Account (a recommended choice for experienced traders and pros), make the required amount of deposit ($100) to have access to tight spreads from 0 pips with 1.5 currency units of commissions for each $100,000 traded per side. Other features of this trading account, include a high leverage of up to 1:1000 and a minimum lot size of 0.01.
Classic
Minimum Deposit: $100
Leverage: 1:1000
Minimum trade size: 0.01
Spread Type: Floating from 1.6 pips
Commission: No
Account Currency: USD, EUR, GBP, ZAR

Raw
Minimum Deposit: $100
Leverage: 1:1000
Minimum trade size: 0.01
Spread Type: Floating from 0 pips
Commission: $3 per lot per side
Account Currency: USD, EUR, GBP, ZAR

If you are still new to the trading game, or you want to try a few things (e.g., new strategies) before committing to work with this Forex broker, you can opt for the Demo Trading Account. The Demo Account also comes with +180 trading instruments in 5 Asset Classes using Virtual Money.

TickMill Dubai also provides a unique platform to both investors and professional traders, read more about Tickmill Copy Trading.

Tickmill Dubai Deposit & Withdrawal Methods

Deposit methods
TickMill Dubai goes out of its way to make the process of deposits and withdrawals easy for its dedicated clients. Clients can conveniently choose from available methods, including Bank Transfers, Bank Cards, and Electronic Payment options without paying any commission.

The list of available payment options is as follows:

๐Ÿ”ธBank transfer (USD, EUR, GBP) - within 1 business day (deposit and withdrawal)
๐Ÿ”ธBank card (VISA, MasterCard) (USD, EUR, GBP) - instant (deposit), within 1 business day (withdrawal)
๐Ÿ”ธSkrill, Neteller, SticPay (USD, EUR, GBP) - instant (deposit), within 1 business day (withdrawal)
๐Ÿ”ธCryptos (Bitcoin, Tether) - instant (deposit), within 1 business day (withdrawal)

The minimum deposit and withdrawal amounts for the abovementioned payment methods are $100 and $25, respectively.

Additionally, TickMill Dubai Forex broker guarantees to cover fees up to $100 for one-transaction deposits of $5,000 only. Needless to say, a copy of said transaction (payment statement) should be sent to the support team for full verification, the client(s) will then receive their compensation within one calendar month, provided that the statement checks out. Mind you, your withdrawal and deposit methods should be the same using the same registered name in your trading account.
Withdrawal methods

Tickmill Broker Safety of Funds

Safety and security
TickMill Dubai Forex Broker is one of the most trustworthy financial providers in the FX industry. This Forex brokerage firm, a member of the TickMill Group, takes pride in being regulated by five supervisory authorities as follows:

๐Ÿ‘‰TickMill UK Ltd. ร  The Financial Conduct Authority (FCA)
๐Ÿ‘‰TickMill Europe Ltd. ร  The Cyprus Securities and Exchange Commission (CySEC)
๐Ÿ‘‰TickMill South Africa (Pty) Ltd. ร  The Financial Sector Conduct Authority (FSCA)
๐Ÿ‘‰TickMill Ltd. ร  The Financial Services Authority of Seychelles (FSA)
๐Ÿ‘‰TickMill Ltd. (Rep Office) ร  The Dubai Financial Services Authority (DFSA)

TickMill keeps its clientsโ€™ funds in segregated accounts at top-tier banks. To give its clients peace of mind, TickMill also offers Negative Balance Protection to prevent clientsโ€™ balances from falling below zero.

On top of that, TickMill is a member of MiFID II Directives and other reputable organizations, such as the Investor Compensation Fund (ICF) under the name of TickMill Europe Ltd. and the Financial Services Compensation Scheme (FSCS) under the name of TickMill UK Ltd. In other words, if the TickMill company cannot fulfill its responsibilities and obligations, its clients will be compensated for their losses.

Tickmill Broker Spreads

Spreads
TickMill clients can enjoy spreads from 0 pips on their Raw trading accounts, and the classic account holders will get access to a competitive spread from 1.6 pips. Furthermore, the Classic account does not require any commission; however, Raw account holders are to pay 1.5 currency units per side per $100,000 traded.

Tickmill Broker Trading Platforms

Traders can use both feature-packed trading platforms, i.e., MetaTrader 4 and MetaTrader 5 on Windows, macOS, Android, iOS, and WebTrader based on their trading preferences and needs.

MetaTrader 4 comes with advanced charting, analytical tools, order management tools, EAs, 3 types of order execution, 4 types of pending orders, more than 30 technical indicators, and 9 timeframes in 39 languages to name just a few.

MetaTrader 5
comes with advanced pending orders, analytical tools, fully customizable charts, built-in economic calendars, 4 types of order execution, 6 types of pending orders, more than 38 technical indicators, 21 timeframes, EAs, trading robots, and copy-trading among other attractive features.

Financial Markets at Tickmill Dubai

The following trading instruments are available to TickMill traders on all trading accounts:

๐Ÿ”นForex (62 currency pairs) with leverage of up to 1:1000
๐Ÿ”นOver 14 major Stock, Indices, and Oil with leverage of up to 1:100
๐Ÿ”นPrecious metals (gold and silver crosses) with leverage of up to 1:500
๐Ÿ”นGerman Bonds with leverage up to 1:100
๐Ÿ”นCryptocurrencies

Advantage of Trading with Tickmill Broker

Licensed by the DFSA of Dubai, FCA of the UK, CySEC of Cyprus, FSCA of South Africa, and FSA of Seychelles
A $30 Welcome Bonus for clients from UAE
A minimum of $100 deposit to access leverage of up to 1:1000 on all available trading accounts
+180 trading instruments, including Forex, Stock Indices, Oil, Metals, Bonds, and Cryptocurrencies
Two types of trading accounts, i.e., Classic and Raw on MT4 and MT5 trading platforms
Tight spreads from zero pips with low to no commission for more profitable trading
Various payment methods without fee (bank transfer, bank cards, Cryptos, and e-wallets)
A treasure trove of resources including Webinars, Seminars, Tutorials, and Articles at your disposal
Accepting all trading strategies including Hedging and Scalping
Having access to 24/5 customer support via Email, Live Chat, and Phone Call
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