Is Tickmill a good forex broker for DMA or OTC?

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Tickmill offers both on-exchange currency futures which are suitable for high-frequency DMA traders and also Forex CFDs for traders that are not so price sensitive.

Tickmill Forex Trading Review
Tickmill

Product Name: Tickmill Forex Trading

Product Description: One thing that makes Tickmill’s forex trading stand out is the range of platforms and ways to trade. You can trade forex CFDs on MT4 & MT5 or you can trade forex with DMA (Direct Market Access) on mini, micro and standard futures contracts with CQG.

Summary

  • Markets available: 62
  • Minimum deposit: £100
  • Account types: CFDs, futures & options
  • Pricing: EURUSD 0.1, GBPUSD 0.3, USDJPY 0.1

Tickmill Forex Trading Platform

Tickmill Forex Trading Platform

Pros

  • DMA forex trading
  • Low-cost forex spreads
  • Wide choice of forex platforms

Cons

  • No financial spread betting
  • Pricing
    (4)
  • Market Access
    (3.5)
  • Online Platform
    (5)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4.1
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