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Tickmill jumps the Bitcoin bandwagon

Oct 10 2017
By
Jonathan Smith

Hardly a day goes by, without a forex broker joining the Bitcoin mania and starting to instruments involving digital currencies. Today’s news is about the global NDD brokerage Tickmill, which announced it is adding the most popular cryptocurrency, Bitcoin, to its trading instrument list. It can be traded against the USD, 24/5.

 

Tickmill offers a margin of 1:20, no commission and a maximum number of open positions: 100. The tick size and tick value stand at 0.01 USD. Trading is done on the popular MetaTrader 4 platform.

 

The majority of forex brokers are offering CFDs on the cryptocurrencies, which means client cannot hold tokens, but rather can speculate on the price movements. It appears Tickmill is also offering CFDs, even though it does not become clear initially.

 

Other forex brokers who recently started offering CFDs on Bitcoin (and some other bigger digital currencies) are easyMarkets, RoboForex, ThinkMarkets, FXOpen, HYCM, IG, FXTM, Grand Capital, Fibo Group, JFD Brokers, to name a few.

 

Tickmill was established in 2014. It is licensed by the Financial Services Authority (FSA) of the Seychelles and by the UK Financial Conduct Authority (FCA).

 

It is an electronic communication network (ECN) and no-dealing desk (NDD) broker, which offers trading in diverse financial instruments, including currency pairs, CFDs, stocks, indices, commodities, and precious metals. The company has strong presence in in key markets in Asia, the Middle East and Africa and is planning expansion into Europe, thanks to its FCA license.

 

TAGS: bitcoin  tickmill 

More news about TickMill

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

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