Yes, you can trade options on Tickmill, but you are limited to just Micro E-mini S&P 500 and Micro E-mini Nasdaq 100 contracts. If you want to trade on exchange options you are better off with a full service options broker like Interactive Brokers, or if you want CFD options IG, has good market coverage (and tax efficient financial spread betting).
Tickmill has a strategy builder that automatically builds options strategies. So say for example if you want to trade a condor spread, (where you aim to profit from either high or low volatility and sizable (or lack of) market moves) or any dozens of strategies, and don’t have the time to build it out individually, you just select your strategy and the legs are created for you.
Tickmill offers options trading on CQG, which they have set up with specific options trading screens. They have a particularly helpful strategy builder that lets you set up options strategies loke condor spreads with the click of a button.
Is Tickmill a good options broker?
Yes, you can trade options on Tickmill, but you are limited to just Micro E-mini S&P 500 and Micro E-mini Nasdaq 100 contracts. If you want to trade on exchange options you are better off with a full service options broker like Interactive Brokers, or if you want CFD options IG, has good market coverage (and tax efficient financial spread betting).
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 The Sunday Times, 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.
You can contact Richard at richard@goodmoneyguide.com
