Tickmill is a globally recognized forex and CFD broker that has built a loyal following among cost-conscious traders, scalpers, and algorithmic trading enthusiasts. Regulated by top-tier authorities including the FCA UK, CySEC, and ASIC, Tickmill delivers institutional-grade trading conditions at retail prices – making it a standout choice for African traders who demand the best possible pricing.

What Sets Tickmill Apart?

1. Institutional-Grade Pricing at Retail Costs

Tickmill aggregates liquidity from some of the worlds largest banks and financial institutions, passing on the benefits of deep liquidity directly to its clients. The result: spreads from 0.0 pips on major currency pairs like EUR/USD, GBP/USD, and USD/JPY. For traders who scalp or trade high volumes, even a fraction of a pip difference adds up to substantial savings over time.

2. Extremely Low Commissions

Tickmills commission structure is among the most competitive in the industry:

  • Pro Account: $2 per side ($4 per round turn) – ideal for serious retail traders
  • Classic Account: No commission, spreads from 1.6 pips on EUR/USD
  • VIP Account: For high-volume traders – even lower effective trading costs

When you combine ultra-tight spreads with these low commissions, Tickmills overall trading costs are among the lowest available to retail traders globally.

3. NDD/STP Execution – No Conflict of Interest

Tickmill operates on a 100% Non-Dealing Desk (NDD) / Straight-Through Processing (STP) model. This means your orders are automatically routed directly to liquidity providers without any intervention from a dealing desk. There is no conflict of interest between you and your broker – Tickmill earns from commissions, not from your losses.

4. Lightning-Fast Execution

With average execution speeds under 20ms and servers located in major financial data centers, Tickmill is built for speed. Orders are filled at the best available market price, with no requotes and no dealer intervention. This makes Tickmill particularly popular among:

  • Scalpers trading on short timeframes
  • Expert Advisor (EA) and algorithmic traders
  • News traders who need instant order placement
  • High-volume day traders

5. No Restrictions on Trading Strategies

Unlike some brokers that impose restrictions on scalping, hedging, or Expert Advisor usage, Tickmill welcomes all trading strategies. There are no restrictions on stop-loss distances, no minimum trade sizes to worry about, and no limitations on Expert Advisor usage – making it a genuinely trader-friendly environment.

6. Robust Regulation for Peace of Mind

Tickmill is authorized and regulated by three highly respected bodies:

  • Financial Conduct Authority (FCA), UK – one of the worlds strictest regulators
  • Cyprus Securities and Exchange Commission (CySEC)
  • Australian Securities and Investments Commission (ASIC)

Client funds are protected in segregated accounts and covered by Tickmills negative balance protection policy.

7. User-Friendly Platforms

Trade on world-class platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader – accessible on desktop, web browser, and mobile devices. All platforms come with free access to market news, technical analysis, and economic calendars.

Why African Traders Love Tickmill

African traders appreciate Tickmill for its transparency, low costs, and no-nonsense approach. With support for multiple African payment methods and fast account verification, getting started is quick and hassle-free.

Earn Exclusive Rebates on Tickmill

Register through our affiliate link and earn up to 90% of our broker commission back:

  • SC Classic Account: $8 – $9 per lot rebate
  • SC ECN Pro Account: $1.6 – $1.8 per lot rebate
  • SC VIP Account: $1.6 – $1.8 per lot rebate

Minimum rebate withdrawal: $100 | Payment method: Skrill, monthly

Open Your Tickmill Account Now with Exclusive Rebates >>