Given the amount of technical and fundamental analysis that goes into running a successful investment strategy, it’s often surprising how many traders skip analysing the health of their broker. With some of the big-name brokers recently sharing performance updates, we’ve run the rule over some of them to assess which currently appear strong enough to justify investors holding accounts. Popular broker Tickmill is next up for review, and the good news for its clients is that the firm is building on already strong foundations.
Tickmill’s global client base will undoubtedly be pleased to see the system upgrades that have recently come into play. Founded in 2014 and regulated and authorised by a range of Tier-1 authorities, the broker has in a relatively short time established an excellent reputation in the trading community. Its no-nonsense approach to fees and charges has proved popular with price-sensitive traders, and recent upgrades to some areas of the platform signal that the broker is moving up a level.
TradingView Available for No Charge at Tickmill
The most notable is the recent addition of the trading and research tool TradingView. Tickmill account holders can now seamlessly click a few acceptance boxes to sign-up with the third-party service to improve their market access and tap into social trading features.
Both of the moves are positive steps. The Direct Market Access (DMA) functionality of TradingView allows clients to carry out their trading closer to the heart of the market on the ever-popular regulated derivative exchanges: CME, NYMEX, COMEX, CBOT and EUREX.
The Social Trading features on TradingView mean clients can research markets and chat with other traders about events and strategy ideas.
If you want to try the new service, then timing is something to consider. Bought outright, the TradingView package usually comes with a price tag, but to celebrate the hook up, Tickmill is currently allowing its new and existing clients to sign up to TradingView for no charge. More information can be found here .
Account Admin Changes at Tickmill
The second notable change is that Tickmill has one of the widest ranges of payment options. Credit and debit cards are still the most popular, but reflecting shifts in consumer habits, the firm now accepts cash transfers using a host of other providers.
We at Forex Fraud, unfortunately, continue to receive messages from traders who have been scammed. Given the health of the broker sector, anyone considering signing up with a broker or switching broker could do worse than check out the reviews of trusted brokers. Even the newer entrants into the sector realise that being regulated with a Tier-1 authority such as the FCA or CySEC is a fundamental first step towards attracting switched-on customers.
Crowdsourcing information about scam brokers can help others avoid falling into the traps set by disreputable brokers and you can share your experiences here. If you want to know more about this particular topic, or have been scammed by a fraudulent broker, you can also contact us at [email protected]
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|Broker||Info||Best In||Customer Satisfaction Score|
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