Tickmill Malaysia - TickMill Broker Intro & Rating in Malaysia

TickMill Malaysia is a long-standing member of the TickMill Group and regulated by five prominent supervisory authorities – the DFSA of Dubai, FCA of the UK, CySEC of Cyprus, FSCA of South Africa, and FSA of Seychelles. The fact that this forex broker has managed to receive licenses from such reliable regulatory bodies shows a sense of obligation as well as a clear vision of a bright future for the company.

TickMill Malaysia was founded in 2014 and during its decade-long presence in the financial markets, the company has accommodated more than 400K clients from all over the world (more than 200 countries) regarding account registration, financial services, support in 14 different languages, and so on.

Any new client who wishes to trade with the TickMill Malaysia forex broker simply needs to register a trading account by fulfilling the required conditions ($100 min deposit, documents, etc.). The company has made the process of account registration pretty straightforward. Traders can choose either the Classic or Raw trading account on whichever trading platform they’re comfortable with, i.e., MetaTrader 4 or MetaTrader 5. These accounts are both feature-packed; they come with ultra-low spreads, high leverage of 1:1000, lightning-fast order execution (0.2 seconds), and no to very little commission. What makes these accounts so desirable is the account holders’ ability to trade in more than 180 trading assets, such as Forex, Stock Indices, Oil, Metals, Bonds, and Cryptocurrencies based on their particular trading styles, strategies, and preferences.

TickMill Malaysia’s dedication to providing the best services as a financial service provider has paved the way for the company to win awards, such as 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.

Any client of TickMill forex broker can make his deposits and withdrawals instantly or within one business day without any hassle. They can conveniently choose from Bank Transfers, Bank Cards, E-Wallets (Skrill & Neteller), as well as Cryptocurrencies (Bitcoin & Tether) payment options.

With access to a treasure trove of good resources, including Webinars, Seminars, E-Books, Video Tutorials, Infographics, Glossaries, Analyses, Articles, and Market Insights, TickMill clients (newcomers as well as pros) can trade better, safer, and more conveniently. In addition, features, such as Autochartist, Copy Trading, Economic Calendar, Calculator, and VPS are also available among other services.

Trading is unpredictable under the best of circumstances and clients will inevitably find themselves in a bind and need some assistance to address their trading or account-related issues. To that end, TickMill Malaysia’s 24/5 Customer Support will be at your beck and call through Email and Live Chat in different languages.

🔸Website: www.Tickmill.com

🔸Regulations: CySEC, DFSA, FCA, FSA

🔸Country: Cyprus

🔸Year founded: 2014

🔸Malaysian Client Support: Yes

🔸Local bank deposit in Malasyia: Yes

🔸Tickmill $30 FREE Bonus

Open Tickmill Account

www.Tickmill.com

Tickmill Account Types in Malaysia

To simplify the process of trading for its clients, TickMill Malaysia forex broker offers them Classic and Raw Trading accounts. Both Classic and Raw account holders can enjoy ultra-fast NDD Market Execution with no-requotes. Additionally, they’re free to choose their own trading strategies according to their trading preferences (Hedging and Scalping included).

Classic Account

New traders should consider opening a classic trading account because of its rather suitable prerequisites. With only a $100 initial deposit, they will get access to spreads from 1.6 pips, a trading size of 0.01 lots, and high leverage of 1:1000. What’s more, in this account, no commission is required for your trades. Please bear in mind that in the classic account, you will only see the original market without the markup.

Raw Account

Pro and veteran traders usually go for the raw trading account because of its unique features. The initial required deposit for this account starts at $100 and will give you access to spreads from 0 pips. Of course, a $1.5 commission is required per $100K traded per side in this account. Raw account holders will also get access to a high leverage of 1:1000 and a minimum lot size of 0.01.

Classic

Minimum Deposit: 100 USD
Leverage: 1:1000
Minimum trade size: 0.01
Spread: Floating from 1.6 pips
Commission: None
Account Currency: USD, EUR, GBP, ZAR

Open Classic

Raw

Minimum Deposit: 100 USD
Leverage: 1:1000
Minimum trade size: 0.01
Spread: Floating from 0 pips
Commission: $6/lot
Account Currency: USD, EUR, GBP, ZAR

Open Raw

Choosing a demo account could be a great way for new traders to get the hang of trading in a big market such as Forex without losing their money. This type of account could also be beneficial for pro traders who want to size up the broker’s trading conditions and so on before investing their capital. The TickMill demo account, much like the live accounts gives you access to more than 180 trading instruments in 5 Asset classes with the exception that it is in Virtual Money.

At Tickmill broker, all trading strategies are allowed, there is no restriction on scalping, hedging, EAs, and any other trading method. Tickmill broker provides Islamic Forex accounts for traders from Malaysia as well.

Tickmill Malaysia Deposit & Withdrawal

To facilitate the process of your transactions, be it a deposit or a withdrawal, TickMill makes every effort to make it as seamless as possible. The broker offers payment methods, such as Bank Transfers, Bank Cards, and Online options to all of its clients. The details are as follows:

Bank Transfers (USD, EUR, GBP) - within 1 business day (deposit and withdrawal)
Bank Card (VISA, MasterCard) (USD, EUR, GBP) - instant (deposit), within 1 business day (withdrawal)
Skrill, Neteller, & SticPay (USD, EUR, GBP) - instant (deposit), within 1 business day (withdrawal)
Cryptos (Bitcoin, Tether) - instant (deposit), within 1 business day (withdrawal)

Please note that for your deposits and withdrawals, the minimum amounts are no less than $100 and $25, respectively.

Moreover, up to a $100 fee for one-deposit transactions of $5000 will be covered by the TickMill Malaysia forex broker. Traders are to provide proof of such transactions exactly as requested by the broker to receive the compensation amount within one calendar month. Traders also need to use the same method for both their deposits and withdrawals at TickMill Malaysia.

Tickmill Broker Spreads

Traders who choose the Raw trading account will have access to a spread from zero pips. Similarly, those who opt for the Classic account can start trading with a spread from 1.6 pips. As previously mentioned, only the Raw account requires a commission ($1.5 per $100k traded per side) and the classic account is commission-free.

Tickmill Security & Safety of Funds

It takes a lot of effort and dedication to become one of the best in the ever-growing forex world and TickMill Malaysia, a member of the TickMill Group and regulated by five prominent international regulators, is certainly one of the top financial providers.

The regulatory authorities that oversee the activities of TickMill are as follows:

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

TickMill Malaysia is bound by the laws and regulations to provide segregated accounts for its clients’ funds at top-tier banks and away from its own funds. The Negative Balance Protection is yet another safety layer that TickMill offers to its clients, just in case.

Furthermore, TickMill Malaysia works side by side with some of the most well-known 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 addition to being a member of MiFID II Directives. TickMill’s cooperation with such organizations means that if the company falls short of performing its duties as a financial provider, its clients will be well compensated for their troubles.

Trading Platforms at Tickmill Broker

TickMill offers 2 trading platforms, namely MT4 and MT5, both of which are accessible on Windows, macOS, Android, iOS, and WebTrader.

MetaTrader 4 (MT4):

This popular platform is known for its user-friendly features, such as 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.

MetaTrader 5 (MT5):

MT5 packs an even bigger punch than MT4 given its highly attractive features, such as 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.

Types of Financial Markets at Tickmill Broker

TickMill Malaysia offers the most attractive trading instruments any trader would want to make his trading as fulfilling as possible.

Forex (62 currency pairs) – with leverage of up to 1:1000
Over 14 major Stock, Indices, and Oil – with leverage of up to 1:100
Precious metals (gold and silver crosses) – with leverage of up to 1:500
German Bonds – with leverage up to 1:100
Cryptocurrencies – (Bitcoin & Tether)