Tickmill Review’s trading experience spans back to 2014 and they’ve successfully traded on major financial markets from Asia to North America. Filipino traders can access 180+ instruments with spreads from as low as 0.0 pips.
- Louis Schoeman
Updated : May 22, 2025
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Overall Rating
- 4.7/5
Min Deposit
USD 100/5721,50 PHP
Regulators
CySEC, FCA, FSA, FSCA, Labuan FSA
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
Tickmill, founded in 2014 and based in London, UK, has built a strong reputation worldwide. It has consistently achieved impressive financial results and sustained steady growth.
The Philippines continues to demonstrate resilience in the face of the challenges brought about by its geographical location near the Pacific Ring of Fire, which makes it susceptible to typhoons and earthquakes.
The country possesses diverse natural resources and flourishing biodiversity, contributing to its robust economic foundation and optimistic outlook for continued expansion. Foreign investors in the forex market find this destination quite appealing.
The country is steadily progressing towards transitioning from a lower middle-income country with a gross national income per capita of US$3,950 in 2023 to an upper middle-income country.
Tickmill is regulated by several authorities, such as the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (FSA), Labuan FSA, FSCA, and DFSA.
Client funds are securely held in top tier banks in segregated accounts, giving Filipino traders peace of mind and the confidence that their funds are protected.
With over 180+ trading instruments to choose from, they cater to the diverse interests of the Philippines’s population. Despite being relatively small, the country ranks 13th globally with over 109 million people.
Traders from the Philippines have access to the broker’s diverse trading instruments. These include forex, stock indices, commodities, bonds, cryptocurrencies, and stocks.
The broker offers two live account options with highly competitive spreads, starting at 0.0 pips on the Raw account. The platform offers a leverage of up to 1:1000 and boasts lightning-fast execution speed, making it ideal for traders of all levels in the Philippines.
With a population of only 6.4% being Muslim, Islam is the second largest religion in the Philippines. This makes Tickmill’s Islamic account a significant offering.
Traders from the Philippines can trade on the popular MetaTrader 4 and MetaTrader 5 platforms, along with the Tickmill in-house mobile trading app. Filipinos can also take advantage of the social trading platform to mirror the tactics of successful traders.
Tickmill strongly emphasizes educating novice traders, providing them with a diverse array of educational tools and research resources. These resources are created to assist traders of all levels understand the complex world of forex trading.
Not only will Filipinos receive outstanding customer service, but you can also take advantage of assistance in multiple languages. The website is specifically tailored to meet the requirements of Filipino traders in a user-friendly manner.
Tickmill is committed to providing traders, particularly those in the Philippines, with advanced trading technology and outstanding customer support. This showcases the broker’s commitment to establishing a high-quality trading environment.
The establishment of Tickmill in the Philippines showcases the country’s increasing importance as a global forex trading hub.
The Philippines is a major player in the Asia-Pacific region for foreign exchange traders seeking to take advantage of new market opportunities. This is thanks to its thriving economy, supported by strategic partnerships and abundant natural resources.
Is Tickmill a safe broker for traders in the Philippines?
Tickmill is regulated as a securities dealer with licenses with the UK’s FCA, CySEC, Seychelles FSA, Labuan FSA, FSCA, and DFSA. Tickmill’s Filipino clients will be on board through its Seychelles-based entity, regulated by the Financial Services Authority (FSA).
What are the advantages of trading with Tickmill?
Tickmill offers competitive spreads starting from 0.0 pips and boasts an impressive execution speed of 0.15 seconds on average. Trading with the broker is unrestricted, and requotes are not a concern. It also supports scalping, hedging, arbitrage, EAs, and algorithms.
At a Glance
| 🔢 Established Year | 2014 |
| ⌛Regulation and Licenses | FCA, Seychelles FSA, CySEC, DFSA UAE, Labuan FSA, South Africa FSCA |
| 4️⃣Ease of Use Rating | 4/5 |
| 🎁Bonuses | Trader of the Month, Tickmill’s NFP Machine, $30 Welcome Bonus, IB Contest, Trade More, Get More |
| ⏰Support Hours | 24/5 |
| 📊Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App, CQG |
| 🗂️Account Types | Classic Account, Raw Account |
| 💵Base Currencies | USD, EUR, GBP, ZAR |
| ✏️Spreads | From 0.0 pips on the Raw Accounts |
| ⬆️Leverage | 1:1000 |
| ➡️Currency Pairs | 60, major, minor, and exotic pairs |
| 💴Minimum Deposit | 5,855 PHP ($100) |
| 💷Inactivity Fee | None |
| 🗣️Website Languages | English, Indonesian, Russian, Arabic, Italian, Thai, Vietnamese, German, Chinese (Simplified), Spanish, Polish, Korean, Malay, Portuguese |
| 💶Fees and Commissions | Spreads from 0.0 pips, commissions from $3 per side, per lot |
| 🤝Affiliate Program | ✅ Yes |
| ❌Banned Countries | The United States |
| ✴️Scalping | ✅ Yes |
| ✳️Hedging | ✅ Yes |
| 🛢️Trading Instruments | Forex, stock indices, commodities, bonds, cryptocurrencies and stocks |
| 🚀Open an Account | 👉 Click Here |
Regulation and Safety of Funds
Regulation in the Philippines
Bangko Sentral NG Pilipinas or BSP does not regulate Tickmill. However, Tickmill’s global regulations are listed in the table below.
Global Regulations
| 🔍Registered Entity | 🌎Country of Registration | 🔢Registration Number | ⌛Regulatory Entity | 📊Tier | ✏️License Number/Ref |
| 🥇Tickmill UK Ltd. | United Kingdom | 09592225 | FCA | 1 | 71720 |
| 🥈Tickmill Europe Ltd | Cyprus | 340249 | CySEC | 2 | 278/15 |
| 🥉Tickmill South Africa (Pty) Ltd. | South Africa | 2017/531268/07 | FSCA | 2 | FSP 49464 |
| 🏅Tickmill Ltd. | Seychelles | N/A | FSA | 3 | SD008 |
| 🏆Tickmill Asia Ltd. | Labuan | N/A | LFSA | 3 | MB/18/0028 |
| 🌟Tickmill UK Ltd. | Dubai | N/A | DFSA | 2 | F007663 |
Protection of Client Funds
| 🔍Security Measure | ℹ️ Information |
| 🗂️Segregated Accounts | ✅ Yes |
| 👤Compensation Fund Member | ✅ Yes, FSCS and ICF |
| 💵Compensation Amount | FSCS – £85,000 |
| ICF – 20,000 EUR | |
| 🎓SSL Certificate | None |
| 2️⃣2FA (Where Applicable) | None |
| ⛔Privacy Policy in Place | ✅ Yes |
| ⚠️Risk Warning Provided | ✅ Yes |
| ❌Negative Balance Protection | ✅ Yes |
| 🛑 Guaranteed Stop-Loss Orders | None |
Does Tickmill provide negative balance protection?
Yes, Tickmill provides negative balance protection to ensure traders do not lose more than their original investment, thereby protecting their financial well-being.
Is Tickmill suitable for beginner traders in the Philippines?
Yes, Tickmill caters to beginners and experienced traders, offering educational resources, a user-friendly trading platform, and a demo account to support traders at all skill levels.
Awards and Recognition
Below, we have listed some of the awards Tickmill has received since its inception.
We were quite impressed with the many awards it accumulated through the years, which indicates that Tickmill will be a trustworthy and dedicated platform for Filipino traders to trade with especially in the present Asian economic climate.
In 2025, Tickmill received three awards:
✅At the ForexBroker.com Annual Awards ceremony, Tickmill was awarded as the “No. 1 Broker for Commissions & Fees” and “Best in Class for Algo Trading, MetaTrader, and Social Copy Trading.”
✅It also received the award for “Best Trading Spread” by Brokersview.
Some of the awards received in 2023 are:
✅At the Finance Magnates Africa Summit for “Best partner Program Africa.”
✅At the Global Forex Awards for “Best Customer Service’” and “Best Trading Experience.”
✅During the Forex Expo Dubai, Tickmill received “Best Broker Middle East.”
✅“Best Forex Broker” was achieved at the QualeBroker Awards.
✅At the Benzinga Global Fintech Awards, Tickmill received “Best Brokerage Outside of the US.”
✅Tickmill was awarded “Top 100 Trusted Financial Institutions” at the Middle East Financial Markets Awards.
✅The Ranki Awards gave the broker “Best CFS Broker.”
✅“Best Professional Trading Account Execution” was awarded at the Professional Trader Awards.
✅At the Ultimate Fintech Award, it received “Best Forex Spreads MEA.”
✅FxScouts Awards gave Tickmill the “Best Trading Conditions” award.
Account Types
| 🔍Account Type | 💴Minimum Deposit | 🚀Open an Account | ⬆️Leverage | 📊Platforms |
| 🥇Raw Account | 5,855 PHP ($100) | 👉 Click Here | Forex: 1:1000 Indices: 1:100 Commodities: 1:100 Bonds: 1:100 Crypto: 1:200 Stocks: 1:20 | All |
| 🥈Classic Account | 5,855 PHP ($100) | 👉 Click Here | Forex: 1:1000 Indices: 1:100 Commodities: 1:100 Bonds: 1:100 Crypto: 1:200 Stocks: 1:20 | All |
Demo Account
Filipino traders that are new to the complex world of forex trading and interested in exploring CFD trading on forex, bonds, commodities, stocks, indices, and cryptocurrencies without the need to invest real money have the option to open a demo account with Tickmill that functions similarly to its live accounts, but with virtual funding.
Traders from the Philippines can practice trading in real time, test tools and strategies, and sharpen their trading skills in a completely risk-free environment with the demo account.
You can use the demo account on any of the platforms offered by Tickmill, and each one has its own set of features and tools that traders can utilize.
Discover a wide range of customizable tools and features the MetaTrader platforms offer to elevate your trading performance.
Raw Account
The Raw account is designed for experienced and more professional traders, granting them access to Tickmill’s full range of financial assets.
This account offers competitive spreads and charges a commission of $3 per round lot traded. With spreads starting at 0.0 pips, it provides leverage up to 1:1000 and a minimum deposit of 5,855 PHP ($100) is required.
Traders from the Philippines also have the option to choose a demo, and Islamic Swap-free accounts as part of the Raw account features.
The account supports various trading strategies, including position trading, scalping, and hedging. Boasting an impressive average execution time of 0.20 seconds, it prioritizes speed and adaptability.
Classic Account
The Standard account provided by Tickmill is a great fit for Filipino traders of all levels of experience, especially those new to the financial markets and still refining their trading skills.
This account’s spreads begin at 1.6 pips, with no commission charges. Like the Raw account, traders can leverage their positions up to 1:1000. With a minimum deposit of 5,855 PHP ($100), you’ll have access to a diverse group of traders.
Order execution is highly efficient, with an average processing time of 0.20 seconds, guaranteeing swift transactions advantageous for traders in the Philippines.
In addition, the Standard account offers the ability to open demo accounts for practice and Islamic accounts for individuals who prefer swap-free trading conditions.
Islamic Account
An Islamic Swap-free account does not involve any swap or rollover interest on overnight positions per the principles of the Muslim faith.
The religious variety of the Philippines is honored through this offering, which also caters to the needs of Muslim traders from Mindanao and other areas where Islam is prevalent.
As a result, all Filipino traders can engage in forex trading per their religious beliefs and traditions. This highlights Tickmill’s dedication to accessibility and diversity.
Whether you open a Classic or Raw account, it can be converted to an Islamic Account. The offering has the same trading conditions and terms as the regular trading accounts, except that swaps on trading instruments are not applicable.
Nevertheless, there is a fee that Tickmill charges for maintaining multiple trading instruments overnight. More information can be found on the broker’s website.
The customer support team at Tickmill will promptly handle any request for an Islamic account and the conversion will typically be done within one business day.
Can my account at Tickmill be closed or deleted?
You can close an account, but Tickmill will keep your data, per legislation, on its files for a minimum period of 7 years
Can I change the balance of my demo account with Tickmill?
Yes, traders can simply email your demo account number and decided balance to the support team at Tickmill.
How to Open an Account Step-by-Step
Registering an account with Tickmill is easy and hassle-free. Just follow these steps:
Step 1: Go to the official website and click on “Create Account” in the top right corner
Step 2: Complete the online registration form
Next, you must provide your personal information, full name, address, date of birth, country of residence, preferred language, email address, and telephone number.
Read the terms and conditions, tick the box, and submit your application.
Step 3: Wait for verification from Tickmill
You will receive a verification email from Tickmill and need to click the link to continue registering for an account.
Now, you will be required to complete the KYC process by uploading a copy of your ID or passport to verify your identity and a utility bill or bank statement to verify your proof of residency. Filipino traders must supply their PhilSys ID, the Philippine Identification Card (PhilID).
As soon as your account is verified, you can start trading.
Does Tickmill offer Swap-Free accounts to Filipino traders?
Yes, the broker does offer Filipino Muslim traders a swap-free option on both the live account types. This indicates that Tickmill is dedicated to being accessible to all kinds of traders, no matter their religious preferences.
Does Tickmill offer a PHP account for Filipino traders?
No, Tickmill does not accept the Philippine Peso (PHP) as a base currency or offer a PHP account type.
Overall Rating
- 4.7/5
Min Deposit
USD 100/5721,50 PHP
Regulators
CySEC, FCA, FSA, FSCA, Labuan FSA
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trading Platforms and Software
Tickmill offers Filipino traders the following Trading Platforms:
➡️MetaTrader 4
➡️MetaTrader 5
➡️Tickmill Mobile App
➡️CQG
➡️Tickmill Social Trading
➡️Tickmill Web API
MetaTrader 4
Traders from the Philippines can trade on the popular MetaTrader4 and will find this user-friendly and easy to use. This platform is highly regarded for its comprehensive toolbox, which successfully meets the needs of traders around the globe, including those in the Philippines.
With its exceptional charting capabilities, a wide range of technical indicators, and customizable layouts, this platform provides a strong basis for thorough market analysis.
The platform provides access to a wide range of stocks, bonds, commodities, indexes, and currency pairs, allowing for effective portfolio diversification.
Tickmill provides Expert advisors (EAs) for automated trading, and Filipinos can also access Tickmill’s VPS services, ensuring dependable trade execution. Given the availability of the MT4 platform in multiple languages, Filipino traders will find this highly beneficial.
MetaTrader 5
The MT5 platform provides a wider range of features for traders than the MT4 platform, allowing them to trade CFDs on various financial instruments such as forex, stock indices, stocks, commodities, bonds, and cryptocurrencies.
It offers a wide range of trade orders, including 6 pending orders like limit, stop, and stop-limit orders, to accommodate various trading strategies.
Traders have the opportunity to utilize advanced algorithmic applications such as Expert Advisors, Trading Robots, and Copy Trading functionalities to automate and improve their trading decisions.
MT5 offers a wide range of features for comprehensive market analysis, including over 38 integrated technical indicators, 21 timeframes for analysis, and customizable charts.
In addition, it comes with a built-in Economic Calendar to assist traders in staying informed about significant economic events that impact the markets.
The platform’s multi-asset capabilities are ideal for Filipino traders’ objectives of drawing in foreign investment and broadening its financial markets.
Tickmill Mobile App
It is anticipated that the Philippines will continue to see a growth in smartphone usage from 2025 to 2029, adding 36.7 million users in total—a 61.78% rise. It’s projected that the number of smartphone users in the nation will reach 96.12 million by the conclusion of this time, which is a new high after eight years of constant growth.
For this reason, the Tickmill Mobile App will be a plus for Filipino traders on the go. The app is compatible with iOS and Android devices and some of the characteristics include its intuitive layout and robust security measures like biometric authentication.
This platform makes it easy to manage your accounts from any mobile device. You can also keep tabs on positions and place trades. Filipino traders can stay connected with the app’s real-time market data, sophisticated charting tools, and account creation and funding capabilities.
CQG
Tickmill’s CQG platform is unique and specifically tailored for traders interested in international futures and options markets. This trading platform will be beneficial to Filipino traders as well.
The COQ platform provides a stable cloud infrastructure compatible with mobile devices and all HTML5 browsers. Its highly configurable interface enables linked windows and page layouts for improved user efficiency.
Two important aspects are the Depth of Market (DOM) and the special Hybrid Order Ticket (HOT) program, which streamlines order management procedures.
With third-party applications, Quote Boards, Heatmaps, and a streaming RSS News feed for real-time market changes, traders can take advantage of sophisticated transaction routing features.
The software also offers advanced charting tools and user-friendly Option Chain dashboards, with over 90 technical indicators and analytical tools to help with trading decisions.
Tickmill Social Trading
Tickmill’s social trading platform is a feature that grants Filipino traders access to the vast knowledge of a global trading community. When you connect with experienced traders and gain insights from their successful strategies, everything can change.
The social trading platform enables traders from the Philippines to gain a competitive edge and gain insights from top performers.
The platform is designed to be user-friendly, allowing traders to navigate and utilize its robust filtering tools easily. This enables traders to efficiently find and follow other traders with similar risk tolerance and trading style preferences.
With real-time trade mirroring and comprehensive performance statistics, Filipino traders can make informed decisions and achieve better trading results.
Tickmill Web API
Filipino traders will benefit through the offering of Web API by Tickmill. Web API (Application Programming Interface) will assist tech-savvy traders and developers in the Philippines to integrate Tickmill’s trading functionalities into their own applications or platforms.
Tickmill provides a FIX API connection to its retail and institutional clients. However, Filipino traders should maintain a minimum account balance of 500,000 £$€ and generate a minimum monthly commission fee of 5,000 £$€.
If this requirement is met, no fees are associated with using this service. On the other hand, if the monthly commissions fall below 5,000 £$€, a fee will be charged (5,000 £$€ – commission amount).
What is social trading with Tickmill?
Tickmill Social Trading is an integrated platform that allows you to connect to other accounts and copy their trades or become a Strategy Provider and let other traders copy you in exchange for a Performance Fee percentage on your generated profits. Once the accounts are connected, the copying happens automatically.
What is the CQG platform provided by Tickmill?
Tickmill’s CQG platform is specifically intended for futures and options trading, with powerful charting, real-time data, and extensive order management tools.
Range of Markets
In 2023, the domestic trading value for machinery and transport equipment soared to around 363 million Philippine pesos, solidifying its position as the most valuable traded commodity in the Philippines.
Next in line was the food and live animals category, which had a domestic trade value of 237 million Philippine pesos.
Tickmill offers Filipino traders over 180 financial instruments over 6 CFD asset classes, as indicated in the table below:
| 🔍Instrument | 🔢Number of Assets Offered | ⬆️Max Leverage Offered |
| ➡️Forex | 62 | 1:1000 |
| ➡️Stock Indices | 20+ | 1:100 |
| ➡️Commodities | 15 | 1:1000 |
| ➡️Bonds | 4 | 1:100 |
| ➡️Cryptocurrencies | 9 | 1:200 |
| ➡️Stocks | 489 | 1:20 |
Trading Hours
Tickmill understands the different trading preferences of the Philippine population and offers access to a wide range of markets with different trading hours.
This caters to the schedules of the Philippine workforce, which encompasses various sectors, including agriculture, industry, and services.
| ➡️Asset Class | Trading Hours (UTC+8) |
| ➡️Forex | 24 hours a day, 5 days a week |
| ➡️Stock Indices | Varies depending on the specific instrument |
| ➡️Commodities | Varies depending on the specific instrument |
| ➡️Bonds | 24 hours a day, t days a week |
| ➡️Cryptocurrencies | 24 hours a day, 7 days a week |
| ➡️Stocks | Monday – Friday 13:35 – 19:55 |
Tickmill Philippine Stock, Forex, Commodities, and Index CFDs Availability
| ➡️Can I trade Jollibee Foods (JFC) with Tickmill? | No |
| ➡️Can I trade International Container (ICT) with Tickmill? | No |
| ➡️Can I trade Globe Telecom (BLO) with Tickmill? | No |
| ➡️Can I trade Cebu Air (CEB) with Tickmill? | No |
| ➡️Can I trade Indofood CBP Sukses Makmur (ICBP) with InstaForex? | No |
| ➡️Can I trade Ayala Land (ALI) with Tickmill? | No |
| ➡️Can I trade AEV stock with Tickmill? | No |
| ➡️Can I trade in Puregold (PGOLD) with Tickmill? | No |
| ➡️Can I trade in Converge (CNVRG) with Tickmill? | No |
| ➡️Can I trade in Globalport 900, Inc. (PORT) with Tickmill? | No |
What is stock trading?
Stocks represent an asset class that allows an investor to own a part of a company and even have voting rights depending on the type of shares issued. Shareholders receive part of the company’s profits based on their shares.
Are hedging and scalping allowed with Tickmill?
Yes, both are allowed. The required margin for hedging positions on Classic and Raw accounts is 0, and on scalping, there are no time limitations for keeping the positions open.
Tickmill vs InstaForex vs Pepperstone – Broker Comparison
| 🔍Broker | 🥇Tickmill | 🥈InstaForex | 🥉Pepperstone |
| ⌛Regulation | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA, DFSA | FCA, BVI FSC, CySEC, FSA SVG | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB |
| 📊Trading Platform | MetaTrader 4 MetaTrader 5 Tickmill App CQG | MetaTrader 4 MetaTrader 5 WebIFX InstaForex Multi-Terminal InstaForex WebTrader InstaTick Trader InstaForex MobileTrader | Pepperstone App TradingView MetaTrader 4 MetaTrader 5 cTrader |
| 💳Withdrawal Fee | None | ✅ Yes | ✅ Yes, Telegraphic Transfers (TT) |
| 🆓 Demo Account | ✅ Yes | ✅ Yes | ✅ Yes |
| 💴Min Deposit | 5,855 PHP ($100) | 59 PHP ($1) | 0 PHP (AU$0) |
| ⬆️Leverage | 1:1000 | 1:1000 | 1:500 (Pro) 1:400 (Retail) 1:20 – 1:200 (Others) |
| ✏️Spread | Variable, from 0.0 pips | 0.0 pips | From 0.0 pips |
| 💷Commissions | $3 per side per 100,000 traded | 0.03% to 0.07% | From $3.5 per round lot |
| 🛑 Margin Call/Stop-Out | 100%/30% | 30%/10% | 90%/20% |
| 🧑⚖️Order Execution | Market | Instant | Market |
| ❌No-Deposit Bonus | ✅ Yes | ✅ Yes | None |
| 💰Cent Accounts | None | ✅ Yes | None |
| 🗂️Account Types | Raw Account Classic Account | Insta.Standard Trading Account Insta.Eurica Trading Account Cent.Standard Trading Account Cent.Eurica Trading Account | Standard Account Razor Account |
| ➡️Philippines BSP Regulation | None | None | None |
| 💶PHP Deposits | None | None | None |
| 👉PHP Account | None | None | None |
| ⏰Customer Service Hours | 24/5 | 24/5 | 24/7 |
| 🏷️Retail Investor Accounts | 2 | 4 | 2 |
| ☪️Islamic Account | ✅ Yes | ✅ Yes | ✅ Yes |
| ⬇️Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| ⬆️Maximum Trade Size | 100 lots | 100 lots | 100 lots |
| ⏰Minimum Withdrawal Time | 1 Business Day | Instant | 1 business day |
| ⏱️Maximum Estimated Withdrawal Time | 2 to 7 Business Days | Up to 6 working days | Up to 7 business days |
| ✔️Instant Deposits and Instant Withdrawals? | Instant Deposits | ✅ Yes | None |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
10 Best Forex Brokers in the Philippines
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Fees, Spreads and Commissions
Our research into the trading conditions at Tickmill indicated that the broker’s fee schedule is transparent and affordable. Below, we give a summary of what Filipino traders can expect.
Spreads
Tickmill provides highly competitive floating spreads compared to other forex traders in the same class.
With the Classic Account, Filipino traders can enjoy spreads starting from 1.6 pips without commission charges.
By opening a Raw Account, you can enjoy spreads starting at 0.0 pips while subjecting to commission charges of $3 per round lot. This spread is perfect for individuals who need precise accuracy in their trading.
Commissions
Filipino traders opting for a Raw Account with Tickmill will be charged a commission fee of $3 per side lot, totaling $6 for a round trip.
This structure, ideal for the more professional and experienced Filipino traders and those dealing in high volumes, provides significant value through its competitive pricing model.
For novice Filipino traders, the Standard account type offers a simpler fee structure without commissions, making it more straightforward for those new to trading to manage their costs effectively.
This choice aligns well with beginners looking to gain experience in the financial markets without the added complexity of commission fees.
Overnight Fees
Traders who hold positions overnight may incur interest charges referred to as overnight or swap fees. The current market conditions determine the exact fee, which can fluctuate between long and short positions.
Under Sharia law, Muslim traders who have opened Islamic Swap-free accounts must refrain from paying overnight swap fees. This will be an advantage to traders in the Philippines who follow the Muslim faith and will not be expected to pay swap fees.
Deposit and Withdrawal Fees
Tickmill has no charges for deposits or withdrawals, which is a huge benefit for Filipino traders.
All deposits starting from $5,000 or the equivalent of, through bank wire transfer are included in Tickmill’s no deposit fee. It also applies to all other payment methods. Tickmill will even cover the transaction costs your service provider might charge you up to $100.
Inactivity Fees
Tickmill’s no charge for inactivity on trading accounts is another advantage for Filipino traders. New traders who are still learning to trade forex and need to take a break from trading can do so with Tickmill without fearing that when they start trading again, they will incur some fees on their inactive trading account.
Currency Conversion Fees
Tickmill only accepts USD, EUR, GBP, and ZAR as base currencies when registering for an account with the broker. This is one drawback for Filipino traders who prefer to fund accounts in their local Philippine pesos (PHP). If they do so, they will be worst to pay currency conversion fees.
Are there any fees for withdrawals from Tickmill using cryptocurrency?
Tickmill does not charge fees for transfers to and from Tickmill Wallets for Crypto deposits/withdrawals. However, Filipino traders should note that fees may apply depending on the Crypto Provider used.
Will I be charged an inactivity fee with Tickmill if I stop trading?
No, no matter how long your account stays dormant, you will not be charged any account inactivity fees with Tickmill.
Overall Rating
- 4.7/5
Min Deposit
USD 100/5721,50 PHP
Regulators
CySEC, FCA, FSA, FSCA, Labuan FSA
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Deposit and Withdrawal Options
| 💳Payment Method | 🌎Country | 💵Currencies Accepted | ⏰Processing Time |
| ➡️Bank Transfer | All | USD, EUR, GBP, ZAR | 1 – 7 days |
| ➡️Crypto Payments | All | EUR, USD, GBP | Instant – 1 day |
| ➡️Credit/Debit Card | All | USD, EUR, GBP | Instant – 1 day |
| ➡️Skrill | All | USD, EUR, GBP | Instant – 1 day |
| ➡️Neteller | All | USD, EUR, GBP | Instant – 1 day |
| ➡️SticPay | All | USD, EUR, GBP | Instant – 1 day |
| ➡️FasaPay | All | USD, IDR | Instant – 1 day |
| ➡️China UnionPay | All | CNY | Instant – 1 day |
| ➡️WebMoney | All | USD, EUR | Instant – 1 day |
Deposits
Bank Wire
✅Navigate to the Tickmill website and log into your client wallet by entering your login credentials.
✅Go to the “Deposit” tab.
✅Click on “Bank wire” as your desired deposit method.
✅Choose the base currency and enter the amount you want to deposit.
✅Get the banking details of Tickmill and use them to start the transfer.
✅Complete the transaction and upload the receipt to your Tickmill Client Area.
✅The funds should be reflected in your account within 1-7 days.
Credit or Debit Card
✅Navigate to the Tickmill website and log into your client wallet by entering your login credentials.
✅Go to the “Deposit” tab and click the “Credit or debit card” option.
✅Provide your card information, the required deposit amount, and base currency.
✅Confirm and complete the transaction.
✅The funds should be reflected in your account instantly.
Cryptocurrency
✅Navigate to the Tickmill website and log into your client wallet by entering your login credentials.
✅Go to the “Deposit” tab and click “Crypto” as your payment option.
✅Choose the base currency and enter the deposit amount.
✅Tickmill will provide a wallet address for your deposit.
✅Use your cryptocurrency wallet to transfer funds to the address.
✅Upload the transaction ID to the Client Area and wait for your deposit to be processed.
✅It should be reflected in your account within one day.
e-Wallets or Payment Gateways
✅Navigate to the Tickmill website and log into your client wallet by entering your login credentials.
✅Go to the “Deposit” tab and then choose your desired e-wallet.
✅Choose the base currency and enter the deposit amount.
✅Complete the transaction with your e-wallet.
✅The funds should be reflected in your account instantly.
Withdrawals
Bank Wire
✅Navigate to the Tickmill website and log into your client wallet by entering your login credentials.
✅Go to the “Withdrawal” tab and select “Bank wire” as your withdrawal method.
✅Choose the base currency and enter the withdrawal amount.
✅Enter your bank account details.
✅Confirm the withdrawal request.
✅Funds should be reflected in your account between 1 and 7 days.
Credit or Debit Cards
✅Navigate to the Tickmill website and log into your client wallet by entering your login credentials.
✅Go to the “Withdrawal” tab and choose “Debit/credit card” as your withdrawal option.
✅Choose the base currency and enter the withdrawal amount.
✅Enter your card details and confirm your withdrawal.
✅Funds should reflect in your account instantly.
Cryptocurrency
✅Navigate to the Tickmill website and log into your client wallet by entering your login credentials.
✅Go to the “Withdrawal” tab and select “Cryptocurrency” as your withdrawal option.
✅Enter the withdrawal amount in your preferred coin.
✅Enter your cryptocurrency wallet address.
✅Confirm your withdrawal.
✅The coin should reflect in your account instantly.
e-Wallets or Payment Gateways
✅Navigate to the website of Tickmill and log into your client wallet by entering your login credentials.
✅Go to the “Withdrawal” tab and click on your preferred e-wallet.
✅Choose the base currency and enter the withdrawal amount.
✅Enter the appropriate e-wallet details.
✅Confirm your withdrawal.
✅Funds should reflect in your account instantly.
Where can I find my account balance and my trading history with Tickmill?
Traders can check their balance and trading history on your platform with Tickmill, which is either MT4, MT5, or Tickmill Trader. Each platform shows your balance and history only for that specific account.
How long do deposits or withdrawals take to reflect in my account?
Most deposits and withdrawals will instantly reflect in your account. However, in some circumstances, it can take up to a day. Bank wire transfers can take up to 7 days.
Leverage and Margin
We were highly impressed by the leverage and margin requirements offered by Tickmill. They have implemented the necessary adjustments to provide their clients with flexibility and the potential for substantial profits.
Forex traders in the Philippines can amplify their bets up to a ratio of 1:1000. This means that you, as a trader, can hold significantly larger investments than you would be able to with just your own funds. For those seeking maximum market exposure, this benefit would be highly valued.
The leverage ratios vary depending on the asset class. For indices and bonds, the leverage can be as high as 1:100. Cryptocurrencies allow for even higher leverage, with ratios of up to 1:200. Stocks, on the other hand, have a more conservative leverage ratio of 1:20. Although the returns may not be as impressive as those for other assets, they still remain competitive.
Our research indicates that these leverage ratios have the potential to appeal to a diverse range of Filipino traders, each with its own unique risk tolerances, trading philosophies, and experience levels.
Margin requirements are readily available and clearly stated as a percentage of the deal size, ensuring traders have enough equity to handle potential losses.
With the clearly stated margin call (100%) and stop-out (30%), Filipino traders have access to a reliable risk management platform. Having confidence in the robust measures that protect your funds, even during market volatility, is comforting.
Educational Resources
| ➡️Economic Calendar | ✅ Yes |
| ➡️VPS | ✅ Yes, not free |
| ➡️AutoChartist | ✅ Yes |
| ➡️Trading View | None |
| ➡️Trading Central | None |
| ➡️Market Analysis | ✅ Yes |
| ➡️News Feed | ✅ Yes |
| ➡️Blog | ✅ Yes |
| ➡️eBooks | ✅ Yes |
| ➡️Educational Videos | ✅ Yes |
| ➡️Platform Tutorials | ✅ Yes |
| ➡️Webinars | ✅ Yes |
| ➡️Seminars | ✅ Yes |
| ➡️Live Support | ✅ Yes |
Tickmill also offers the following additional resources and education to traders:
✅Advanced Trading Toolkit
✅Acuity Trading
✅Bright Minds Podcast
✅ai
✅Earnings Calendar
✅Forex Glossary
✅Forex Calculators
✅Infographics
✅Market Insights
✅Market Analysis on Reddit
✅Market Sentiment
✅Tickmill Traders Club
Trading Reports
One of the more well-known forex brokers in the Philippines, Tickmill, connects traders with international commodities, indices, and currency markets.
The link allows Filipinos to exploit the country’s booming economy through advantageous pricing and strong trade platforms.
With the Philippines’ economy diversifying and its worldwide trade footprint expanding, Tickmill offers detailed trading reports that thoroughly examine market trends and economic indicators important to traders in the Philippines.
These reports, written by financial experts, can provide valuable insights into the factors that impact the Philippines Peso (PHP) and other assets. Traders can use this information to make well-informed decisions in a rapidly changing market.
Trading Calculators
Tickmill provides two kinds of calculators to assist Filipino traders in their daily dealings on the forex market. This includes a trading calculator and a currency converter to streamline intricate calculations. This is especially beneficial for Filipino traders who may be new to forex trading.
It provides them with a clear understanding of the financial consequences of their trades and enables them to manage their risk effectively. This is particularly important in a country like the Philippines experiencing a growing interest in online trading.
Seminars
Tickmill regularly organizes seminars and webinars globally to strengthen customers’ trading skills. Acclaimed industry experts lead these seminars.
These educational events encompass a broad spectrum of subjects, ranging from fundamental trading principles to sophisticated strategies, and frequently offer valuable perspectives on global markets.
Although Tickmill has not organized a seminar in the Philippines yet, the website shows that it has done so in various other jurisdictions, including London, Colombia, Vietnam, and Brazil, to mention but a few.
Can Filipino traders use Tickmill's VPS service?
Yes, Filipino traders can use Tickmill’s VPS service, which provides fast and dependable trade execution and is particularly beneficial for automated trading techniques. However, traders should note that this service is not free.
Are Tickmill’s educational resources available in multiple languages?
Yes, their education resources are available in several languages, allowing traders from various linguistic backgrounds to access them.
Bonuses and Promotions
Tickmill offers bonuses and promotions that will benefit Filipino traders and encourage more clients to join this broker. Through these bonuses, traders can boost their initial capital and gain more exposure across several markets.
✅$30 Welcome Account
Traders that sign up with Tickmill for the first-time can earn a $30 Welcome bonus that will be added to your registered account. Certain terms and conditions apply to this bonus.
✅Trader of The Month
Traders with exceptional trading skills can qualify for this monthly bonus in the form of cash prizes. Tickmill chooses the best of the best every month, and they receive a cash award of $1,000. This can really boost a Filipino trader’s portfolio.
✅Tickmill’s NFP Machine
Tickmill invites Filipino traders to participate in the NFP Machine campaign, a unique opportunity to test their intuition and potentially win exciting prizes. Every NFP week, the broker will select a specific instrument and invite you to predict its price on their MT4/MT5 platform at 16:00, precisely 30 minutes after the NFP release. Traders can earn $500 in their trading account if their prediction is correct.
✅Trade More, Get More
This incentive is a special offer that focuses on high-frequency traders, where Tickmill provides cash rebates to help lower expenses and increase profitability. Traders from the Philippines can earn cash rewards for every lot they trade in forex, gold, and silver.
Rebates for Clients
Tickmill offers a rebate program that Filipinos can participate in for a certain time. This provides profitable opportunities for Filipino traders and affiliates in the country’s booming economy.
The rebate program is the broker’s way of showing appreciation for their dedicated clients’ loyalty, hard work, and enthusiasm for trading. The promotion, ‘Trade More, Get More,’ provides traders with the opportunity to earn not just from their trades but also through cash rebates.
Participants must deposit at least US$ 200, or the equivalent in other currencies, into their account.
They can then exclusively trade forex, gold, and silver CFDs. The cash rewards can increase to $2 per lot traded, depending on the account type. Traders’ accounts will be credited with rebates every month.
The trading conditions are designed to give Filipino traders a competitive edge. With some of the lowest spreads and commissions in the industry, coupled with powerful trading tools and cutting-edge platforms, traders can fully immerse themselves in the excitement of the markets and trading.
The present promotion is valid from August 1st, 2023, to June 28th, 2025, and is open to both existing and new Tickmill traders.
Does Tickmill offer a welcome bonus to new Filipino traders?
Yes, Tickmill offers a $30 welcome bonus to new Filipino traders.
Does Tickmill offer a refer-a-friend bonus?
No, Tickmill does not offer a specific refer-a-friend bonus, but Filipino traders joining the Introducing Broker (IB) program can get paid to introduce new clients to Tickmill.
Affiliate Programs
Features
The affiliate program offered by Tickmill presents a straightforward opportunity for Filipino traders to earn additional income.
By referring new customers to Tickmill, affiliates can earn unlimited CPA payments. Tickmill’s affiliate program stands out with its strong support system and access to resources, ensuring affiliates have the tools needed for success.
With competitive trading conditions, including fast order processing, spreads starting from 0.0 pips, and leverage options up to 1:1000, clients joining the affiliate program are well-positioned to attract new traders.
Tickmill supports its affiliates with various marketing tools, including the CellXpert platform, for real-time performance tracking and improved conversion rates.
Dedicated affiliate managers guide to help affiliates maximize their earnings potential. Free trading tools and educational resources further enhance the appeal of this opportunity for Filipino traders looking to enhance their trading skills.
Joining the affiliate program is straightforward, requiring only a one-page online application and a unique referral link
How to Register an Affiliate Account Step-by-Step
Step 1: Go to the official website, click on “Partnerships” then “Affiliate Program (CPA)”
Step 2: Complete the online registration form
In addition, you will also need to provide details regarding your marketing strategies, website, or social media platforms.
Step 3: Wait for confirmation from Tickmill
Tickmill will review your submitted information and send an email confirmation containing additional login information for your affiliate account once approved.
All you now have to do is post your referral link to your various marketing channels, such as your website and social media pages, to advertise Tickmill’s services and start earning an extra income.
How can Filipino traders attach clients to their IB accounts?
There are two ways a client can be attached to your IB account. Firstly, you provide your clients with a unique IB referral link. Whenever a new client uses that link to our website, registers his Client Area, and opens a live account, you immediately see him being attached to your IB account.
Or, the broker can add an existing client under your IB account upon a written request from the client.
How can I withdraw my IB commissions?
You can withdraw your IB commission anytime by filling in a withdrawal form inside the Client Area.
Customer Support
| 🫴🏻 Customer Support | 👥Tickmill Customer Support |
| ⏰Operating Hours | 24/5 |
| 👉Support Languages | English, Malay, Polish, Indonesian, Arabic, Thai, Chinese, Vietnamese, Portuguese |
| 🗣️Live Chat | ✅ Yes |
| 💻Email Address | ✅ Yes |
| ☎️Telephonic Support | ✅ Yes |
| 3️⃣The overall quality of Tickmill Support | 3/5 |
Response Time
| 🫴🏻 Support Channel | ⏰Average Response Time | ⏱️User-based Response Time |
| ☎️Phone | 5 minutes | 2 – 6 minutes |
| Same-day | Same-day | |
| 🗣️Live Chat | Instant | 2 – 3 minutes |
| 📱Social Media | 10 minutes | 7 – 9 minutes |
| 🤝Affiliate | 1 working day | 1 working day |
Does Tickmill offer live online chat to Filipino traders?
Yes, Tickmill offers an online chat service to Filipino traders, available in multiple languages.
How quickly does Tickmill reply to client inquiries?
Tickmill strives to reply to client inquiries on the same day, with live chat responses frequently instant and email responses sent within a few hours.
Social Responsibility
Tickmill takes its Corporate Social Responsibility (CSR) seriously. If you hover over the top banner on its webpage on “About Us,” the drop-down menu will provide a “CSR” link, where you can learn about all the programs and initiatives Tickmill is involved in.
Some of the initiatives globally are:
✅Cyprus – Environmental projects to help Cyprus have a sustainable future. Sponsorship to the University of Cyprus, Tartu University Hospital Children’s Foundation in Estonia, and the breast cancer organization Europa Donna Cyprus. One Dream One Wish Association grants desires to children battling cancer.
✅Mexico – Sponsoring the Keeping Kids in School Project.
✅Germany – The Off Road Kids Foundation assists homeless children.
The Philippines, an archipelago of almost 7000 islands, is renowned for its vast forests, stunning beaches, rare fauna, and towering volcanoes. It is split up into three groups of islands: Visayas, Mindanao, and Luzon.
There are numerous NGOs, humanitarian associations, and sports clubs that Tickmill could get involved in, such as:
✅Education – Tickmill could get involved in technical-vocational scholarships. Work closely with the Department of Education, schools, and training institutions to support youth in becoming productive workforce members.
✅NGOs – assisting NGOs such as the WWF Philippines, which is involved in environmental conservation and sustainable development; those that focus on poverty alleviation and community development; the Red Cross, which provides emergency assistance, disaster response, and health services.
✅Humanitarian Associations – partnering with Save the Children Philippines, which focuses on children’s rights, education, and protection; UNICEF Philippines, which is involved in child welfare, health, and education initiatives; Caritas Manila, which provides social services, disaster response, and livelihood programs.
These organizations and institutions play crucial roles in various sectors across the Philippines, contributing to community development, education, sports, and humanitarian aid.
User Comments and Review
We have found quite several user comments that apply to Tickmill:
🥇“I read the latest reviews saying that Tickmill does not pay or manipulate prices. I am surprised because I am a client with them and have never had any problems. I regularly withdraw my money and trade without problems on futures through TradingView and mt4.”
🥈“I was impressed by Tickmill’s diverse assortment of CFDs, Options, and Futures and the variety of trading platforms, including MetaTrader 4 and 5. The broker also stands out for its competitive fees, ultra-fast execution speeds, integration with AutoChartist, and market sentiment tools.”
🥉“This broker is amazing, easy deposit and easy withdrawal. I love this broker, and yeah, the customer service is like the speed of light. Thanks, Tickmill Team”
In Conclusion
Tickmill’s adherence to regulations from prominent bodies like the FCA in the UK, Seychelles FSA, CySEC in Cyprus, Labuan FSA, South Africa’s FSCA, and Dubai FSA adds credibility and trustworthiness.
Tickmill offers a wide range of financial instruments, including forex, bonds, shares, indices, and cryptocurrencies, allowing Filipinos to diversify their portfolios effectively.
Many traders will appreciate the competitive advantage of low spreads, such as the 0.0 pips available on the Raw Account, coupled with swift execution speeds.
Our Insight
In my opinion, Tickmill is a good option for Filipino traders. For Filipino traders seeking low fees and a secure trading environment, Tickmill emerges as a strong choice. Our experiences with them have been consistently positive.
Our Recommendations
Tickmill is most definitely a versatile and trustworthy option for Filipino traders. However, there are a few recommendations that we could make in regards to the service offered in the Philippines:
✅Being locally regulated would be a benefit and draw in more Filipino customers.
✅Add PHP as a base currency for accounts, as this would eliminate currency conversion fees.
✅Adding local content like webinars, seminars, tutorials, and market analysis focusing on the Filipino trading experience with help traders grasp the platform and enhance strategy.
Pros & Cons
| ✅Pros | ❌Cons |
| Strictly regulated through numerous regulatory bodies in various jurisdictions | Does not offer free VPS to clients |
| Commission-free trading is offered through the Classic Account | The Islamic account is subject to commissions after the third day a position remains open |
| Offers Islamic accounts | No PHP accounts are offered |
| Offers a demo account | Does not have 24/7 customer support |
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Frequently Asked Questions
What leverage does Tickmill offer to Filipino traders?
Tickmill gives Filipino traders leverage up to 1:1000, but it varies depending on the financial asset.
Is Tickmill’s trading platforms secure?
Yes, their MetaTrader 4 and MetaTrader 5 platforms are well-known for their strong security features, which ensure a safe trading environment.
Does Tickmill’s affiliate program offer good rewards for Filipino traders?
Yes, their affiliate program rewards affiliates with competitive commissions and additional monthly bonuses.
Does Tickmill have Nasdaq 100?
Yes, Tickmill offers Nasdaq under “USTEC”.
Does Tickmill charge withdrawal fees for affiliate commissions?
No, Tickmill does not normally charge any withdrawal fees for affiliate commissions.
