More people are discovering the world of currency trading to diversify their investment portfolio or make a career as a full-time trader, and forex trading has grown in popularity in the UK. The UK is home to a large number of Forex brokers, all of which provide unique services and trading terms. One such broker with a solid reputation for dependability, openness, and affordable pricing is Tickmill. In this post, we’ll examine Tickmill’s suitability as a Forex trading UK and evaluate an IBT Media story about the company.
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Forex Trading in the UK
Buying and selling currencies on a worldwide market with the intention of generating a profit is known as forex trading. It is a very speculative and dangerous venture, but if done properly, it can also be quite lucrative. The Financial behaviour Authority (FCA), which guarantees that brokers operate within the law and uphold specific standards of behaviour, regulates Forex trading in the UK. Large institutional banks, internet marketplaces, independent brokers, and other brokers are just a few of the Forex brokers available to UK traders.
Tickmill as a Forex Broker
A global Forex and CFD broker, Tickmill was established in 2014. The business is based in London and has offices throughout the globe, notably in Malaysia, Cyprus, and the Seychelles. Tickmill is governed by the Financial Services Authority (FSA) in the Seychelles, the Cyprus Securities and Exchange Commission (CySEC) in Europe, and the FCA in the UK. The broker gives access to many trading platforms, including the well-known MetaTrader 4 and 5, and a variety of trading products, such as Forex, CFDs, and commodities.
When it comes to price, Tickmill is renowned for having some of the lowest spreads in the market. Depending on the kind of account and the trading circumstances, the broker provides both variable and fixed spreads. Additionally, Tickmill provides commission-free trading on CFDs and Forex, which is advantageous for investors who wish to minimise their trading expenses. For traders to develop their abilities and make wise trading decisions, the broker also provides a variety of instructional materials, including as webinars, trading manuals, and market analysis.
Is Tickmill a Good Broker?
Is Tickmill a good broker? Positive feedback from traders and industry insiders indicates that Tickmill is a reliable broker for Forex trading in the UK. The firm has received several honours for its offerings, including the UK Forex Awards’ Best Forex Execution firm prize in 2020. Additionally, Tickmill is a part of the Financial Services Compensation Scheme (FSCS), which guards clients against broker bankruptcy.
Tickmill also takes an open and client-focused approach, as shown on their website and in customer support. The broker makes transparent disclosures about its trading terms, charges, and regulatory standing, which can aid traders in making educated judgements. Additionally, Tickmill offers a helpful and experienced customer service team that is reachable via phone, email, and live chat. For traders who want to interact in their native tongue, the broker also provides multilingual service.
IBT Media Article on Tickmill
In the IBT Media article, Tickmill was the subject of a story by the International Business Times (IBT) Media in 2018 titled “Tickmill: One of the Fastest-Growing Brokers in the Forex World.” The article includes interviews with the broker’s CEO, Duncan Anderson, and the head of the UK office, Lee Murphy, in addition to a summary of the services, background, and growth trajectory of Tickmill.
The IBT report lists Tickmill’s strengths as include competitive price, quick execution, and a customer-focused approach. The broker’s alliances with top technological companies are also mentioned, enabling it to supply its clients with cutting-edge trading platforms and tools. The report also mentions Tickmill’s recent commercial expansion, including the creation of additional offices and forays into new regions, which suggests the company has room to develop.
The IBT report generally presents a favourable view of Tickmill and its offerings, which is consistent with the broker’s standing in the market. The article offers helpful details for traders who are thinking about using Tickmill as their Forex broker as well as insights into the mission and business plan of the organisation.
Conclusion
In conclusion, there are numerous Forex brokers to pick from, and forex trading is a well-liked financial choice in the UK. Tickmill is a respectable and aggressive Forex broker that provides traders with trustworthy and open services. For UK traders seeking for a reputable Forex broker, the firm makes an excellent choice because to its competitive pricing, quick execution, and customer-focused philosophy. For traders who are considering Tickmill as their Forex broker, the IBT Media article on the firm offers more proof of its advantages and potential.