Tickmill was founded in 2014 and has grown into a well-known global forex and CFD broker, headquartered in Seychelles with additional offices in the UK, Cyprus, and South Africa. For Finland traders, Tickmill is particularly relevant because it offers competitive trading conditions—raw spreads from 0.0 pips, low commissions, and high leverage up to 1:500—all accessible via the popular MetaTrader platforms. The broker accepts Finnish clients through its CySEC-regulated entity, which complies with EU MiFID regulations, providing a layer of safety. With a minimum deposit of $100 and support for local payment methods like SEPA bank transfers, Skrill, and USDT, Tickmill is accessible to both new and experienced retail traders in Finland. The broker’s focus on low-cost trading and fast execution makes it a strong contender for Finnish traders looking to minimize trading expenses. However, the absence of advanced platforms like cTrader or TradingView and limited copy trading features may be drawbacks for some. Overall, Tickmill is a reliable, regulation-compliant broker that suits Finnish retail forex traders who prioritize spreads and execution over platform variety.
| Detail | Information |
|---|---|
| Founded | 2014 |
| Headquarters | Seychelles |
| Regulated by | FCA,CySEC,FSCA,FSA,LFSA |
| Min Deposit | $100 |
| Max Leverage | 500 |
| Platforms | MT4, MT5 |
| Islamic Account | ✓ Available |
| Copy Trading | ✗ Not available |
| Demo Account | ✓ Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.10 pips | $2.00 | $2.10 | 1.60 pips |
| XAU/USD | 0.18 pips | $2.00 | $2.18 | 0.25 pips |
| Feature | Available |
|---|---|
| Demo Account | ✓ Yes |
| ECN/Raw Account | ✓ Yes |
| Islamic (Swap-free) | ✓ Yes |
| Scalping Allowed | ✓ Yes |
| Hedging Allowed | ✓ Yes |
| Expert Advisors (EA) | ✓ Yes |
| Copy Trading | ✗ No |
Tickmill offers Islamic (swap-free) accounts for Finland traders who require Sharia-compliant trading. These accounts are available for the Classic and Pro account types and are genuine swap-free, meaning no interest is charged or earned on overnight positions. There are no hidden fees or administrative charges for maintaining the Islamic account, which is a positive aspect compared to some brokers that add a fee after a certain holding period. To apply, Finnish traders need to contact Tickmill’s customer support via live chat or email and request the conversion of their existing account to an Islamic one. The request is usually processed within 24 hours. It’s important to note that the Islamic account is not available for the VIP account or for certain instruments like cryptocurrencies. Overall, it’s a fair and transparent offering for Muslim traders in Finland.
| Feature | Details |
|---|---|
| Islamic Account Available | ✓ Yes |
| Swap Fees | ✓ No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | ✓ All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | ✓ Available | 0.18 pips |
| Silver (XAG/USD) | Spot Silver | ✓ Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | ✓ Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | ✓ Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | ✓ Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | ✓ Available | 0.02% |
| ETF CFDs | SPY, QQQ | ✓ Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | ✓ Yes | Built into platform, real-time |
| Daily Market Analysis | ✓ Yes | Written + video reports |
| Video Tutorials | ✓ Yes | Beginner to advanced |
| Live Webinars | ✓ Yes | Weekly sessions, recorded |
| Demo Account | ✓ Yes | Unlimited, no expiry |
| Copy Trading | ✗ No | Not available |
| Free VPS | ✓ Yes (active traders) | For EA/automated trading |
| Local Language Support | ✗ No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | ✓ Yes | 24/5 (Mon-Fri) | ★★★★★ Excellent |
| Email Support | ✓ Yes | 24/5 | ★★★★☆ Very Good |
| Phone Support | ✓ Yes | Business hours | ★★★★☆ Good |
| ✗ No | — | Not available | |
| Local Language | ✗ No | — | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Tickmill ★ | $100 | 0.10 pips | ✓ | ✗ | 3.3 |
| Pepperstone | $0 | 0.09 pips | ✓ | ✓ | 4.9 |
| IC Markets | $200 | 0.02 pips | ✓ | ✗ | 4.8 |
| Exness | $10 | 0.10 pips | ✓ | ✗ | 4.8 |
Understanding how Tickmill protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Finland traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | ✓ Yes | Client money held in separate bank accounts |
| Negative Balance Protection | ✓ Yes | Losses capped at account balance |
| Top-tier Regulation | ✓ Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | ✓ Yes | Up to £85,000 (FCA) or €20,000 (CySEC) |
| 2FA Security | ✓ Yes | Two-factor authentication available |
| SSL Encryption | ✓ Yes | All data encrypted in transit |
| Audit & Reporting | ✓ Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Tickmill relevant to Finland traders:
For Finland traders, Tickmill is a reliable and cost-effective broker, especially for those who prioritize low spreads and fast execution. The CySEC regulation offers peace of mind, and the acceptance of SEPA transfers and Skrill makes funding easy. The Pro account with raw spreads is excellent for active traders, while the Classic account suits beginners. However, the lack of cTrader, TradingView, and copy trading may be deal-breakers for some. The absence of Finnish-language support is a notable drawback. Overall, Tickmill is recommended for Finnish retail forex traders who are comfortable with English and want a no-frills, low-cost trading experience. It is best for scalpers, day traders, and those using Expert Advisors on MT4/MT5.