Tickmill Ltd

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m3svcs

Member
Customer
Jun 21, 2021
33
8
8
Hello everybody, in order to run the EAs as a non-UK resident on TickMill Seychelles MT5, which of the 3 account types below do you find the optimal performance? I am referring to the default template in the v1.8 DEMO package:
1) Classic
2) Pro
3) VIP

Appreciate your inputs.

Cheers!.
 
M

m3svcs

Member
Customer
Jun 21, 2021
33
8
8
Rainis said:
Hello, the Tikmil UK broker is optimal for you, and the account type is PRO or VIP.
Click to expand...
Thanks for your reply.

TickMill HelpDesk told me non-UK residents can only take up TickMill-Seychelles, besides the fact that the maximum leverage at TickMill-UK is 1:30 compared to TickMill-Seychelles 1:500.

Thank you very much.
 
R

Rainis

Member
Customer
Aug 24, 2019
36
9
8
Okay bro see for yourself. I opened an account in London through a friend, because the results in the Seychelles were not very good, so I recommended this to you.
 
M

m3svcs

Member
Customer
Jun 21, 2021
33
8
8
Rainis said:
Okay bro see for yourself. I opened an account in London through a friend, because the results in the Seychelles were not very good, so I recommended this to you.
Click to expand...
Thanks for your reply.

What about the leverage? Did you obtain 1:500 or 1:30 for TickMill-UK? Otherwise I might have to look for FusionMarkets.

Cheers!
 
M

m3svcs

Member
Customer
Jun 21, 2021
33
8
8
Thanks for all the help, everyone.

TickMill called me on the phone a while ago explaining the MT5 accounts opened under UK and Seychelles are all connected to the same data centre in London, UK; and platform execution performances across all TickMill entities are therefore the same in every aspect. She further told me the leverage for TickMill-UK 1:30 will severely affect my ability to initiate orders and advised me to stick with TickMill-Seychelles 1:500. But I am now running losing trades on DEMO Opti 1.8 with TickMill-Seychelles.

I am pondering my next move.
 
R

Rainis

Member
Customer
Aug 24, 2019
36
9
8
Yes, I was working with a leverage of 1:30. It is not a hindrance to the algorithm. And as for Fusion Markets broker, I would recommend you to use MT5 and scalping mode.
 
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Investfox

New member
Jan 27, 2023
16
0
1
Tickmill is one of the most useful Forex brokers you can utilize for a number of reasons, but first of all, due to its high-class safety features. It is regulated by top-tier organizations in the market, which means that your funds are protected maximally. However, one thing I particularly don't like about Tickmill is that it does not offer stock trading at all.
 
cavv

cavv

Member
Customer
Jun 6, 2016
68
20
8
In my opinion, this is the advantage of this broker. It focuses on Forex instruments and therefore has good trading conditions. For example, I have been trading with Tikmil for a long time and I consider him one of the best brokers. Also, as you correctly noted, it is well regulated.
 
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Investfox

New member
Jan 27, 2023
16
0
1
Tickmill makes it easy for traders to use their mobile devices and manage their funds. MetaTrader 4 can be downloaded on any Android or iOS device where you can have access to every chart you would see using the desktop trading terminal.
 
cavv

cavv

Member
Customer
Jun 6, 2016
68
20
8
This is another advantage of this broker. It keeps up with the times and allows the trader to work from anywhere in the world without being tied to the office.
 
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