When you trade futures with Tickmill they are operating in an ECN capcity and passing orders directly through to an exchange. However, if you are trading CFDs or forex, depending on what jurisdiction your account is regulated in they may not be operating an ECN model.
See our full Tickmill review for more information about Tickmill and B-books
Tickmill DMA Trading Review
Name: Tickmill DMA Trading
Description: Tickmill lets you trade DMA futures and options on micro, mini and full size futures contracts so is a good choice for high frequency scalpers who need direct market access to the most popular markets.
75% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
Summary
- DMA markets available: 578
- Minimum deposit: £100
- Account types: CFDs, futures & options
- Pricing: US Shares 0, FTSE 0.9, GBPUSD 0.3
Pros
- DMA trading on CQG
- Low trading costs
- Exchange fees built into commission
Cons
- Only the most popular markets
-
Pricing
(4)
-
Market Access
(3.5)
-
Online Platform
(4.5)
-
Customer Service
(4)
-
Research & Analysis
(3.5)
Overall
3.9
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.