Donna Forex Forum

Brokers => Brokers => Topic started by: cyberryder on December 22, 2014, 10:05:50 AM

Title: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on December 22, 2014, 10:05:50 AM
In short, as of 01/01/2015:
- Armada is gone as retail broker and continues to operate as LP
- The "new Armada" is http://www.tickmill.com (http://www.tickmill.com)



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Quote
Armada Markets has continuously grown and expanded over the years. Our monthly trading volume exceeds $25 billion and our close to 20,000 Clients come from more than 140 countries. We are constantly ranked among top 10 global brokers based on trading conditions and terms. We could not have done this without your continuing trust and support.

Today we have 2 great news to share with you!

Firstly, starting from 2015 Armada Markets will focus mainly on providing liquidity and services to banks, brokers and hedge funds.

Secondly, we are proud to announce that starting from January 1st, 2015 FSA authorized and regulated company Tickmill Ltd (www.tickmill.com (http://www.tickmill.com)) will continue providing you with first-class trading services. With a wide range of new instruments excellent trading terms and conditions, Tickmill is ready to take your trading experience to the next level!







What does it mean to you?

Trading conditions and systems, ECN liquidity, quality of customer service and support stay the same and Tickmill’s team will work hard to improve services even further. You will keep the same account login credentials and use the same MetaTrader 4 terminal. So you continue trading as usual!

What improvements will Tickmill bring?

You can expect the following additional benefits:

Strong protection and security as Tickmill is authorized and regulated by the FSA
Your funds will be kept segregated in the top-rated banks under the supervision of the FSA
New trading instruments such as DAX, S&P500, Nasdaq and Dow Jones stock indices and commodities
New account base currencies - CHF, AUD, SGD
A number of new payment options
Improved deposit and withdrawal processing
Improved web-based Client Area
New and improved IB compensation scheme
IB Room with great and simple set of tools, so that anyone can now become our IB

2015 will be an exciting year!
I began trading in 1997, so I know what it takes to be a trader. I assure you that Tickmill will provide high quality services and security to all Clients.

Once again, I want to thank you for being a valued Client and I wish you success and a prosperous New Year.

For any queries about these improvements and our services, please call us at
+372 686 3163. You can also email us at support@armadamarkets.com.
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: HFT Group on December 22, 2014, 10:12:13 AM
The regulation was always coming.......was just a matter of when  ;)
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: rodneyp on December 22, 2014, 10:22:51 AM
They had to set up a new company as the old name was tainted. They must have new directors also as the mattus brothers have a bad track record.
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: JJ-FX on December 22, 2014, 11:08:53 AM
You do realise they are talking about the FSA, Seychelles?
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: rodneyp on December 22, 2014, 12:55:40 PM
You do realise they are talking about the FSA, Seychelles?

You are so right. These guys are going from dodgy to mega dodgy. I really dont know why anyone would tolerate this. I dont think they can get regulated in any legitimate country hence this is a last ditch effort to save on tax and scrape up clients from dodgy countries that properly regulated brokers cant accept.

Absolutely disgusting !!
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: HFT Group on December 22, 2014, 01:11:37 PM
Not being at liberty to disclose too much this needs to be seen as a STEP in the right direction.
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: GoldenBoy on December 22, 2014, 02:12:34 PM
Funny thing is they send an email to tell you they are now FSA regulated so immediately you think FSA UK but in reality it is FSA Seychelles. What a joke.
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: felipebr on December 22, 2014, 02:51:41 PM
Hi people, I was thinking about open an account in this new Tickmill or Armada but this bad things you saying.
Did you have any problem with Armada ?
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: cyberryder on December 22, 2014, 03:20:14 PM
You do realise they are talking about the FSA, Seychelles?
Seychelles? Are you kidding? thought it was UK and wondered why they did not use the new name FCA. But i see they write "SC" on their page...What a joke then. New name + fake regulation = Marketing bubble. Thread updated.
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: JJ-FX on December 22, 2014, 04:01:47 PM
Hi people, I was thinking about open an account in this new Tickmill or Armada but this bad things you saying.
Did you have any problem with Armada ?
I never had issues with Armada Markets and regulation has never been at the top of my list of broker requirements, but I think this is one step too far, even for me.

They decided to leave a European country with an existing financial authority to set up shop in a country with basically no financial reputation at all. They could have applied to be regulated by their local financial authority which would have given them access to the Estonian compensation scheme, they could have moved to a country with a reputable regulation, but no, they picked the Republic of Seychelles.

In addition, the new website, the notification email and basically everything they say gives the impression that they are now regulated by a reputable financial authority. They probably spent quite some time phrasing all this without actually mentioning the Seychelles.

I think a fitting legal term for this behaviour would be wilful deception.
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: geektrader on December 22, 2014, 04:06:27 PM
I admit I am really disappointed as well, not because they move to the Seychelles (in the end we never know which kind of regulations will come to the Forex market in the next years with more and more limits being set to the retail investor in the western countries in terms of allowed client countries and leverage, etc. so that this might actually be smart move on part of Armada as the Seychelles will most likely not introduce any such limitations), but that they don´t really say this in that email and make the impression they are getting a UK regulation and just mentioning the Seychelles in the fine print. This is RATHER uncool and disrespectful to their existing clients, trying to trick them like that. And that´s not the honesty Armada Markets always had to their clients... really sad to see this as the 100% honesty was the most important part for me with that broker.
Title: Re: TICKMILL - replacing Armada as FSA-regulated broker
Post by: corre971 on December 22, 2014, 04:19:02 PM
Hi people, I was thinking about open an account in this new Tickmill or Armada but this bad things you saying.
Did you have any problem with Armada ?
I never had issues with Armada Markets and regulation has never been at the top of my list of broker requirements, but I think this is one step too far, even for me.

They decided to leave a European country with an existing financial authority to set up shop in a country with basically no financial reputation at all. They could have applied to be regulated by their local financial authority which would have given them access to the Estonian compensation scheme, they could have moved to a country with a reputable regulation, but no, they picked the Republic of Seychelles.

In addition, the new website, the notification email and basically everything they say gives the impression that they are now regulated by a reputable financial authority. They probably spent quite some time phrasing all this without actually mentioning the Seychelles.

I think a fitting legal term for this behaviour would be wilful deception.
So there is no compensaton scheme?
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: jeuro on December 22, 2014, 04:47:31 PM
 I guess not every knows that FSA UK  did change  to become  FCA and Seychelles change from SIBA to FSA  :D.

In any case not cool to make it clear. 

My prediction is that the existing clients will not care, I doubt  their good trading conditions change.

It is a step in the right direction.  Traders are never happy  :) ,  While they grow by providing good pricing, some  Bitch and stay by the fence because  of no regulation.  Now, still not happy  :). 

J.
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: super7 on December 22, 2014, 05:47:24 PM
wtf , I too confused it with UK at first, why they downgrade reputation ...
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: geektrader on December 22, 2014, 05:57:11 PM
I honestly prefered unregulated Estonia over Seychelles, so many bad experiences with the banks there for me that I really hate this island;)
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: rodneyp on December 22, 2014, 06:11:24 PM
It is very clear that this is a tax dodge and a way of tricking people to think they are UK regulated.
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: super7 on December 22, 2014, 06:19:28 PM
bank acc. they continue to keep in EU as there is SEPA transfer option, I think same bank, actually interesting how all this is legally drawn, changing customer agreements, moving client funds. and what it means to clients? deposit in Armada at Estonia and receive money from offshore, hmm, most problem is that arises red flags from client home country banks and regulators ...
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: felipebr on December 22, 2014, 06:30:39 PM
Yes, I agree... red flags up, I will stick with IC Markets for while.  ???
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: Peter22 on December 23, 2014, 09:57:56 AM
I worry most about liability issues. What if you have an issue with Tickmill, you can’t solve yourself? Request an attorney to send a summons to their office in Seychelles? They can simply put your summons in the trash can and they probably know this. I asked Armada Markets if they are liable for fault Tickmill makes. They replied my e-mail, but they did not answer this question. Strange. What struck me is their timing (a couple of days before Christmas) and very short notice.
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: lupynx on December 23, 2014, 01:59:44 PM
I worry most about liability issues. What if you have an issue with Tickmill, you can’t solve yourself? Request an attorney to send a summons to their office in Seychelles?

Well, before, Armada is not even regulated at all. So I'm quite confused with many negative statement similar to this.

Do you people really prefer Armada unregulated?

*ah, maybe people who are saying stuff like that isn't even looking at Armada before.
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: Efx123 on December 23, 2014, 06:47:13 PM
If they will continue charging only 20 per million and 0.1 average EURUSD spread then they will continue to grow fast. FSA regulation, even if it is Seychelles is a good sign to me.
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: geektrader on December 24, 2014, 06:14:05 AM
The thing I really like about this Seychelles regulation is that it´s pretty limitless for Tickmill and their clients.

I am sure the "western" regulators will soon impose limitations on Forex traders in the common big Forex countries like Australia and the UK and hence Europe too (the US already did it, now Japan followed with hefty rules and did forbid, along with ASIC, Australian brokers to offer their services to Japanese clients). I doubt the Seychelles will never follow such moves as it will make them stronger. So in the long run, Tickmill has a great advantage here as I can tell that people will not simply accept such new regulations and will move offshore, and then Armada (Tickmill) is already there - pretty smart!

The only thing I really DON`T like, why haven´t they communicated that they mean FSA in the Seychelles openly to us? They were always honest and now such "games", I don´t get it why it had to be done that way....
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: HFT Group on December 24, 2014, 07:25:10 AM
The thing I really like about this Seychelles regulation is that it´s pretty limitless for Tickmill and their clients.

I am sure the "western" regulators will soon impose limitations on Forex traders in the common big Forex countries like Australia and the UK and hence Europe too (the US already did it, now Japan followed with hefty rules and did forbid, along with ASIC, Australian brokers to offer their services to Japanese clients). I doubt the Seychelles will never follow such moves as it will make them stronger. So in the long run, Tickmill has a great advantage here as I can tell that people will not simply accept such new regulations and will move offshore, and then Armada (Tickmill) is already there - pretty smart!

The only thing I really DON`T like, why haven´t they communicated that they mean FSA in the Seychelles openly to us? They were always honest and now such "games", I don´t get it why it had to be done that way....

Maybe they just assumed that traders would know the origins of FSA regulation? Sure, it could be mistaken for FCA regulation at a glance but deliberately???.........I am not so sure.

Multiple regulation seems to be the way to go given what you stated above. FxOpen runs its business along these lines I believe. Maybe Armada Markets are following that path..........who knows?  ;)
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: Efx123 on December 24, 2014, 10:31:00 AM
Went through their website www.tickmill.com (http://www.tickmill.com). It has Seychelles written all over it, so not sure why some claim that they are hiding something.

I agree with some participants here that Seychelles FSA regulation will probably turn out to be an advantage to Tickmill as EU will likely follow the same path as US soon by lowering leverage, enforcing additional reporting on brokers and generally screwing the whole industry. So one day clients of EU brokers will realize that there is absolutely no way they can profit. And even if there is a profit, then the tax man will take most of it. Welcome to the real world!
Title: Re: TICKMILL - replacing Armada with "fake" FSA regulation (non-UK)
Post by: Zuttasoxx on December 24, 2014, 11:12:34 AM
I missed this at first too

but there is no FSA UK they changed there name to FCA.. So I think there lies the reason to not specify.. Either way I have been happy with them for over 2 years and I have no reason to not believe in their vision.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on December 24, 2014, 02:52:03 PM
Went through their website www.tickmill.com (http://www.tickmill.com). It has Seychelles written all over it, so not sure why some claim that they are hiding something.
i re-checked their website: It seems they are reading this thread and ONLY BY NOW changed the little "SC" to "Seychelles" and also print FSA Seychelles only by now on the starting page.

To be transparent about the regulation country was the most discussed point here. So i think we finally got what we asked for and can close this discussion. I updated the thread headline, to be fair.

The 2nd point was the discussion, if FSA Seychelles is a benefit and therefore they added trust to their story or not. I think they should officially explain WHY FSA Seychelles and what they think the value will be for us. Without further details, atm i still see this as a move backward.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on December 24, 2014, 10:07:19 PM
The fact remains that they tried to mislead everyone at the start, this tells us that Armada is not an honest broker at all and they have not changed one bit.

These facts remain:
1. Founders convicted of market manipulation by US regulators
2. Warning received by Estonian regulators for unlicenced forex dealings
3. Banned from Poland for operating an unlicenced forex brokerage
4. Deceive the public by not properly disclosing Seychelles regulation.

I hope i have not missed anything.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: iwillsurvive on December 25, 2014, 03:31:18 AM
The fact remains that they tried to mislead everyone at the start, this tells us that Armada is not an honest broker at all and they have not changed one bit.

These facts remain:
1. Founders convicted of market manipulation by US regulators
2. Warning received by Estonian regulators for unlicenced forex dealings
3. Banned from Poland for operating an unlicenced forex brokerage
4. Deceive the public by not properly disclosing Seychelles regulation.

I hope i have not missed anything.

1. Founders convicted of market manipulation by US regulators

That is quite a big accusation. Could you show us some evidence?

2. You seem to really hate Armada Markets. Could you share with us what wrong doing have they done against you?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on December 25, 2014, 04:50:45 AM
The fact remains that they tried to mislead everyone at the start, this tells us that Armada is not an honest broker at all and they have not changed one bit.

These facts remain:
1. Founders convicted of market manipulation by US regulators
2. Warning received by Estonian regulators for unlicenced forex dealings
3. Banned from Poland for operating an unlicenced forex brokerage
4. Deceive the public by not properly disclosing Seychelles regulation.

I hope i have not missed anything.

1. Founders convicted of market manipulation by US regulators

That is quite a big accusation. Could you show us some evidence?

2. You seem to really hate Armada Markets. Could you share with us what wrong doing have they done against you?

Here you go. The word convicted is probably a little harsh, lets just say they were found guilty.

http://www.cmegroup.com/tools-information/lookups/advisories/disciplinary/CBOT-08-01215-BC-ILLIMAR-MATTUS.html (http://www.cmegroup.com/tools-information/lookups/advisories/disciplinary/CBOT-08-01215-BC-ILLIMAR-MATTUS.html)

http://www.cmegroup.com/tools-information/lookups/advisories/disciplinary/CBOT-08-01215-BC-INGMAR-MATTUS.html (http://www.cmegroup.com/tools-information/lookups/advisories/disciplinary/CBOT-08-01215-BC-INGMAR-MATTUS.html)

Merry christmas
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Changleitrade on December 25, 2014, 09:06:55 AM
Let's try to keep this thread professional. Tickmill is authorized and regulated by the FSA of Seychelles. If they continue to provide as good service as Armada then I will remain a client for years to come. I believe that Jon is right as this is just the first step towards an even better future. Fingers crossed and best of luck.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Whaley on December 25, 2014, 11:11:16 AM
I like this "rodneyp" guy.

The guy works even during Christmas to through shit at Tickmill. Tickmill/Armada must have taken a lot of clients from your pay daddy to become so desperate.

There is not a single broker/bank as large or bigger as Armada that hasn't had worries with regulators. The good thing is that Armada actually did something about this to rectify matters.

All said, I will look forward to the launch of Tickmill on January 1st, 2015.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Changleitrade on December 25, 2014, 12:59:47 PM
Markets are closed on January 1st. So it all begins on January 2.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Efx123 on December 25, 2014, 01:13:58 PM
Let's try to keep this thread professional. Tickmill is authorized and regulated by the FSA of Seychelles. If they continue to provide as good service as Armada then I will remain a client for years to come. I believe that Jon is right as this is just the first step towards an even better future. Fingers crossed and best of luck.

I agree as this thread is about Tickmill. Looking forward to trading DAX30 with Tickmill. Hopefully commissions will be as low as FX and tight spreads.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: jeuro on December 25, 2014, 01:31:38 PM
Hey Rodney.
and Marry Christmas o to all.

I am amazed how much going out of your way attempting  to bash Armada calling them clowns, doggie etc.

 I don't understand it. You seem to be a knowledgeable guy and probably know  they are one of the best business models start ups in forex of the past 5 years. 

So... what is you are not telling us?

( and just in case ..NO.. I do work for them nor have any affiliation other then Residing in the same city,    drive by their  offices every day and have visited  them a couple times ).


Talk about "misleading" ..uffff..  your statements are full of it.

1, According to the link "you" provided , the issue is nothing more then the regular CME crap that happens probably to any "Commodity Trader" in their life time. In fact, they have never hide they come from the Commodity trading world before starting the forex business.  Is like saying that I was "convicted" when back then I was banned from trading in a small market making account at FXCM (making 6k profits)  for using a well know EA that came on the market that took advantage of the MM models :) :)   20 days ban from trading.. wow, how terrible ;D

2. "Warning received" ??? Come on... You well know all those "warnings" that regulators issue (to the public, not to them) are very much standard for all companies that have choose not to fall under regulation. And also probably know that is not  mandatory in the EU.  (providing, according to MIdFid ,  that keep clients funds segregated and hedge 100% of orders) . Warning is not due to doing something unlawful, it is just saying they are not.  Obviously, most people and  traders do not understand that trading currencies is NOT regulated because "money" is not considered a "financial instrument" and if a company does not "hold" orders for money exchange, does not need regulation.  But companies that provide exchange services need to comply with others things when they held  client money in deposits. Which is the case of Armada

3. "Banned from Poland" ?? ... another misleading. Same issue of  warning to Public.  Most is scare tactics. Obviously no government likes to see funds flying out and deposited in other countries or jurisdiction. The American are leading in this crap.   Bullying all countries to NOT accept USA citizens. What a BS.. but digressing

4. I just don't see it. Am I the only one that knows that FSA is not an UK  regulatory organization??

So, the question is .. what is in it for you Rodney, and from who? . Evident that is not to point "true Facts"

J.   

PS
Unluckily, I know all this crap because I use to be in the inside for a short while. I know how jealous some could
become when they do well and take business away from them . In a way, placing all clients under regulation (anywhere) and Armada not having any, being only the LP, provides a good legal safe-harbor for the whole operation.  That is good by itself considering their volume is not just spare change. 

I moved from the USA to reside in the EU mainly because I saw the  the writing on the wall from Wall Street pressuring authorities to cut retail forex out. (Even like this I have to jump hoops to trade with EU Banks and Brokers). It seems same started  happening here in the EU. The Swiss gave up to American pressure ( by making that only Banks can provide forex), Spain call "money" a financial instrument  :). Poland place restriction in their own traders... and goes on...

Finland and Estonia, did stand out a bit from the other countries in defending a non-regulated money exchange.  Is the way it should be. The moment this change, is all over for us small traders.    I have not  read MidFid-2  2014/65/EU. yet. I hope nothing there that would infringed our right to exchange money freely in the EU.     
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: nick3232 on December 25, 2014, 04:15:27 PM
one thing that worried me before that move was their vulnerabily to putin bullying the entire region,now i feel more confident,

i moved to ic market because of that but will keep my acc open with them and see what is next
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Whaley on December 25, 2014, 07:09:52 PM
Estonia has 294 kilometres long border with Russia (http://en.wikipedia.org/wiki/Estonia%E2%80%93Russia_border (http://en.wikipedia.org/wiki/Estonia%E2%80%93Russia_border)) which means that Armada's decision to leave Estonia might have also strategically motivated reasons. Maybe the guys know something we don't.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on December 25, 2014, 07:23:22 PM
one thing that worried me before that move was their vulnerabily to putin bullying the entire region
the only country bullying the entire world is the USA. All others react.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: geektrader on December 26, 2014, 05:22:50 AM
I like this "rodneyp" guy.

The guy works even during Christmas to through shit at Tickmill. Tickmill/Armada must have taken a lot of clients from your pay daddy to become so desperate.

There is not a single broker/bank as large or bigger as Armada that hasn't had worries with regulators. The good thing is that Armada actually did something about this to rectify matters.

All said, I will look forward to the launch of Tickmill on January 1st, 2015.

"rodneyp" bashes EVERY other broker (and extremely, with spreading rumours he can´t back up at all) if you look at all his posts, except for IC Markets. Tells you something most likely?:)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on December 26, 2014, 08:57:03 AM
Just got an email from them with notification about change on Tickmill. Well I've expected that upshot – true quality broker makes a jump to a higher, institutional level of service to run more serious business. Usually when it happens a broker completely turns down retail services, but luckily AM left a facility for us. Even it is named Tickmill and moved to Seychelles I suppose it still inherits impeccable AM reputation (of course based on my experience with them). The change in regulations I assume is stipulated by tax issue, doing financial business in EZ with their predatory taxation system becomes quite expensive (guess, this recently introduced tax - http://en.wikipedia.org/wiki/European_Union_financial_transaction_tax (http://en.wikipedia.org/wiki/European_Union_financial_transaction_tax) played its role).
Basically I see no difference between regulation jurisdictions, if company managed to overcome the temptation of dropping down to a scam outfit and began to play fair, then there is nothing to worry about.  They only thing I'm concerned about is liquidity but as technically there won't be any chops, for me, this Tickmill change is of the same importance as for example they've introduced new bonus for clients :)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on December 26, 2014, 10:34:49 AM
I like this "rodneyp" guy.

The guy works even during Christmas to through shit at Tickmill. Tickmill/Armada must have taken a lot of clients from your pay daddy to become so desperate.

There is not a single broker/bank as large or bigger as Armada that hasn't had worries with regulators. The good thing is that Armada actually did something about this to rectify matters.

All said, I will look forward to the launch of Tickmill on January 1st, 2015.

"rodneyp" bashes EVERY other broker (and extremely, with spreading rumours he can´t back up at all) if you look at all his posts, except for IC Markets. Tells you something most likely?:)

Oh ill "bash" them all Geektrader if they are not honest, no exceptions..... dont worry about that !!

I have been in the markets for over 30 years and can spot a flea from a mile away Geektrader.

Its all about disclosure and honesty in case you havent realised.

On top of that please tell me what i can not back up, I would love to hear your feedback.. Everything i say is spot on until proven otherwise.

If you are NOT scared of reality why don't you PM with your phone number so i can tell u how it is, you might just learn something from me.

Welcome to the premier league Geektrader.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Efx123 on December 26, 2014, 11:33:41 AM
Just got an email from them with notification about change on Tickmill. Well I've expected that upshot – true quality broker makes a jump to a higher, institutional level of service to run more serious business. Usually when it happens a broker completely turns down retail services, but luckily AM left a facility for us. Even it is named Tickmill and moved to Seychelles I suppose it still inherits impeccable AM reputation (of course based on my experience with them). The change in regulations I assume is stipulated by tax issue, doing financial business in EZ with their predatory taxation system becomes quite expensive (guess, this recently introduced tax - http://en.wikipedia.org/wiki/European_Union_financial_transaction_tax (http://en.wikipedia.org/wiki/European_Union_financial_transaction_tax) played its role).
Basically I see no difference between regulation jurisdictions, if company managed to overcome the temptation of dropping down to a scam outfit and began to play fair, then there is nothing to worry about.  They only thing I'm concerned about is liquidity but as technically there won't be any chops, for me, this Tickmill change is of the same importance as for example they've introduced new bonus for clients :)

Yes, financial transaction tax is coming. Half of the European brokers will be gone by then.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Purri on December 29, 2014, 05:24:55 PM
Dodgy owners move their stuff to a dodgy island. Good luck to everyone who still has money there.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: bradleyfx on December 29, 2014, 08:42:25 PM
Looking how things are evolving in Greece and other parts of Europe then a broker outside of Europe might be just what the doctor ordered.If Greece goes under then I don't want to know what happens to Cyprus again. And all these Cypriot brokers.

Tickmill is now also on Myfxbook http://www.myfxbook.com/reviews/brokers/tickmill/875542,1 (http://www.myfxbook.com/reviews/brokers/tickmill/875542,1)

I hope they add LMAX liquidity among others. I see that Trop-X has also FX pairs listed. Would be ideal combination.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on January 01, 2015, 05:42:20 PM
100% hedging guarantee! Interesting ist that also the LP is hedging back every trade.

Quote
When the Client enters into a Contract Option with Tickmill Ltd, Tickmill Ltd will act as counterparty to the Client. Tickmill Ltd will enter into a contract with a Counterparty which is identical in all respects to the contract between Tickmill Ltd and the Client. The Counterparty will in turn enter into a contract on the relevant exchange (unless Market Rules requires the Counterparty to act as Tickmill Ltd's agent in which case Tickmill Ltd will enter into a contract on the exchange). The Client is contracting with Tickmill Ltd and has no right of recourse against Tickmill Ltd's Counterparties or any right over contracts between Tickmill Ltd and its Counterparties.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: nick3232 on January 01, 2015, 06:19:58 PM
one thing that worried me before that move was their vulnerabily to putin bullying the entire region
the only country bullying the entire world is the USA. All others react.

dont't agree
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Kristjan_GSI on January 01, 2015, 07:16:40 PM
The only reason behind moving headoffice to outside Estonia is taxes. We have quite high tax rates. They probably found a cheaper place.
I'm estonian. The stories about russians agression and threat is pure nonsense coming from the people with too high imagination. Healthy caution is healthy, and we joined NATO because of that, but some people overfantasize everything.
I lived and worked 3 years in Moscow. Russia is like a heaven and hell holding hands, but i don't believe for a second that Baltic states are under any threat of an invasion by the Putin & Co.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on January 02, 2015, 01:17:09 AM
The only reason behind moving headoffice to outside Estonia is taxes. We have quite high tax rates. They probably found a cheaper place.
I'm estonian. The stories about russians agression and threat is pure nonsense coming from the people with too high imagination. Healthy caution is healthy, and we joined NATO because of that, but some people overfantasize everything.
I lived and worked 3 years in Moscow. Russia is like a heaven and hell holding hands, but i don't believe for a second that Baltic states are under any threat of an invasion by the Putin & Co.

While this may be true it is NOT the primary reason for this move.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 02, 2015, 02:01:19 AM
Its likely that no reputable regulator like ASIC or the FCA would accept them, therefore they had to become regulated albeit in a dodgy tax haven where the cost to become regulated is one carton of beer. This is probably also why they changed their name.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: geektrader on January 02, 2015, 03:17:47 AM
The only reason behind moving headoffice to outside Estonia is taxes. We have quite high tax rates. They probably found a cheaper place.
I'm estonian. The stories about russians agression and threat is pure nonsense coming from the people with too high imagination. Healthy caution is healthy, and we joined NATO because of that, but some people overfantasize everything.
I lived and worked 3 years in Moscow. Russia is like a heaven and hell holding hands, but i don't believe for a second that Baltic states are under any threat of an invasion by the Putin & Co.

While this may be true it is NOT the primary reason for this move.

Hi John,

happy new year to you and thanks for your ongoing contribution in this forum, it´s really appreciated! You seem to know some things we don´t know and I think everyone would appreciate if you could give some hint what the primary reason really is. Has it something to do with a upcoming heavy regulation for EU FX traders that would make Armada Markets impossible in it´s old form in terms of leverage, etc.? Or what is really behind this move? I know the Armada founders always have been smart guys, so I really wonder what´s going on...
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 02, 2015, 12:12:04 PM
Its likely that no reputable regulator like ASIC or the FCA would accept them, therefore they had to become regulated albeit in a dodgy tax haven where the cost to become regulated is one carton of beer. This is probably also why they changed their name.

My friend just told me that "Tickmill" will be the new entity that they will use to attempt to gain regulation from a reputable regulator. He also told me that they tried to get regulated by ASIC and even set up a company in Australia but their application was denied. Says something I guess !!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on January 02, 2015, 12:57:12 PM
The only reason behind moving headoffice to outside Estonia is taxes. We have quite high tax rates. They probably found a cheaper place.
I'm estonian. The stories about russians agression and threat is pure nonsense coming from the people with too high imagination. Healthy caution is healthy, and we joined NATO because of that, but some people overfantasize everything.
I lived and worked 3 years in Moscow. Russia is like a heaven and hell holding hands, but i don't believe for a second that Baltic states are under any threat of an invasion by the Putin & Co.

While this may be true it is NOT the primary reason for this move.

Hi John,

happy new year to you and thanks for your ongoing contribution in this forum, it´s really appreciated! You seem to know some things we don´t know and I think everyone would appreciate if you could give some hint what the primary reason really is. Has it something to do with a upcoming heavy regulation for EU FX traders that would make Armada Markets impossible in it´s old form in terms of leverage, etc.? Or what is really behind this move? I know the Armada founders always have been smart guys, so I really wonder what´s going on...

Thank you and a very Happy New Year to you also :)
Better regulation is a huge consideration for clients and therefore,  very relevant to brokers seeking to increase their client base.
While I am not at liberty do disclose any information passed to me in confidence, I will try correct any inaccuracies, rumours, suppositions and bad guesses posted here.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: super7 on January 02, 2015, 01:53:33 PM
The only reason behind moving headoffice to outside Estonia is taxes. We have quite high tax rates. They probably found a cheaper place.
I'm estonian. The stories about russians agression and threat is pure nonsense coming from the people with too high imagination. Healthy caution is healthy, and we joined NATO because of that, but some people overfantasize everything.
I lived and worked 3 years in Moscow. Russia is like a heaven and hell holding hands, but i don't believe for a second that Baltic states are under any threat of an invasion by the Putin & Co.

While this may be true it is NOT the primary reason for this move.

Hi John,

happy new year to you and thanks for your ongoing contribution in this forum, it´s really appreciated! You seem to know some things we don´t know and I think everyone would appreciate if you could give some hint what the primary reason really is. Has it something to do with a upcoming heavy regulation for EU FX traders that would make Armada Markets impossible in it´s old form in terms of leverage, etc.? Or what is really behind this move? I know the Armada founders always have been smart guys, so I really wonder what´s going on...

what "upcoming heavy regulation for EU FX traders"  you are talking about? there is not any reputable source I could find to support this ,  quite opposite I see more foreign brokers move to EU,  for instance FxPrimus just got Cyprus licence
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Kristjan_GSI on January 02, 2015, 02:01:33 PM
Cyprus is the tax heaven for companies.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on January 02, 2015, 02:38:48 PM
Says something I guess !!
it says zero Rodneyp, if your friend tells you anything. Please post something tangible we can verify.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 02, 2015, 11:11:32 PM
Says something I guess !!
it says zero Rodneyp, if your friend tells you anything. Please post something tangible we can verify.

Hi Cybertrader

I will find out more and get back to you. The traders I speak to are connected, nevertheless I will provide evidence.

Have a good new year

Rodney )
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Changleitrade on January 04, 2015, 04:52:23 PM
Tickmill customer rep informed me that stock indices will be made available in the coming weeks. Fingers crossed!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 05, 2015, 07:36:01 AM
Says something I guess !!
it says zero Rodneyp, if your friend tells you anything. Please post something tangible we can verify.

Hi Cybertrader

I will find out more and get back to you. The traders I speak to are connected, nevertheless I will provide evidence.

Have a good new year

Rodney )

Here is that proof I said that I would provide, this is a company extract which is publicly available information from the ASIC website. They set up a company in August 2013 and for whatever reason ASIC has not granted them a licence.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Efx123 on January 05, 2015, 09:35:26 AM
Rodney, as couple of people have already asked you then let's get the facts straight. Please post proof here that ASIC has ever denied them anything. Can you do that?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ChuckNZ on January 05, 2015, 09:45:38 AM
I understood that existing Armada customers were either automatically transferred to Tickmill or that they at least received an email inviting them to do so.   Neither one of these things happened for me, so wondering about others?   Have you transferred across.

My experiences at Armada were always good, including the usual slippage, requotes and withdrawals that are high on the criteria list.   So, I was disappointed to hear that they were no longer handling "retail" trading.

I'll give Tickmill.com a shot and see how it goes.   The first problem that I had was that, in spite of the website saying otherwise, they don't yet accept credit card deposits.   That's supposed to be fixed over the next couple of days, so we'll see if it happens.

With no money in the account, I can only watch quotes (I don't bother with demo accounts) and they look pretty good.  Of course, I'm looking at an ECN account and commissions need to be considered.

Like others, I don't sweat the regulation stuff. 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 05, 2015, 09:48:36 AM
Rodney, as couple of people have already asked you then let's get the facts straight. Please post proof here that ASIC has ever denied them anything. Can you do that?

1.5 years without a licence, you be the judge!!!

I suggest you ask them directly as this is of course "commercial in confidence".

I am only providing information that is publicly available however often dismissed or "clouded" in forums like this. It is your job as a fourm member to assess its relevance to you.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: jeuro on January 05, 2015, 10:12:44 AM
Good info Rodney.
It is a summary of company details .... but where we find that they applied for a license and was not granted?

I mean, by the history,   it seem the company is in good standing until 08/2015 (next review date)   and they have submitted structural  changes as late as December  2014, processed,  accepted and effective.


J.


 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 05, 2015, 11:28:35 AM
Good info Rodney.
It is a summary of company details .... but where we find that they applied for a license and was not granted?

I mean, by the history,   it seem the company is in good standing until 08/2015 (next review date)   and they have submitted structural  changes as late as December  2014, processed,  accepted and effective.


J.

Why dont you ask them yourself why they don't have a licence. From my perspective I now have confidentical infomation and can not reveal it online.

I will give you the clues, you can work the rest out yourself.

I should also add that the structural change was the resignation of their 2 australian directors. I suggest you ask them why this happened  ;)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Purri on January 05, 2015, 01:58:42 PM
The Mattus bros are dodgy as fuck. Did they really transfer customer funds to a Seychelles-company without their prior consent? lol. People probably only have lunch-money accounts there anyways.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: jeuro on January 05, 2015, 02:29:00 PM
.
 You are funny Rodney :) Sure.
I could  ask them... but instead I ask you.  Do you  really have proof they  applied for a license and was not granted???   

Otherwise  is  just assumption.

We all can have opinion or  assumptions. Sometimes right, sometimes wrong :D

For example, I can assume that they will apply later on time. Or that things changed due to that  Armada no longer have retail clients so they may need to set up a company called Tickmill in Australia instead of Armada... and so on.

By the way, in the finance world, and in setting up overseas companies,  changing local board members is the most common step when going from  dormant to active. I am sure you know this. (locals usually are the ones they got paid for setting the LC up.)   

If the LC is dormant, who cares who the board member are.  If will start to function, nobody  is dumb enough to have outsiders in the board.  :D :D :D   

J.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 05, 2015, 02:36:57 PM
.
 You are funny Rodney :) Sure.
I could  ask them... but instead I ask you.  Do you  really have proof they  applied for a license and was not granted???   

Otherwise  is  just assumption.

We all can have opinion or  assumptions. Sometimes right, sometimes wrong :D

For example, I can assume that they will apply later on time. Or that things changed due to that  Armada no longer have retail clients so they may need to set up a company called Tickmill in Australia instead of Armada... and so on.

By the way, in the finance world, and in setting up overseas companies,  changing local board members is the most common step when going from  dormant to active. I am sure you know this. (locals usually are the ones they got paid for setting the LC up.)   

If the LC is dormant, who cares who the board member are.  If will start to function, nobody  is dumb enough to have outsiders in the board.  :D :D :D   

J.3

I have all the proof "jeuro"... however, some things are best left for those "trolling" the forums  to ponder about for a while!!.

When the time is right all will be revealed (if you don't work it out for yourself beforehand).

Read between the lines young "jeuro".
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on January 05, 2015, 02:50:06 PM
Rodney is such a nice troll on the forum.. The ignore button will sure come in handy..

Armada applied to several regulators but it's not like buying bread where you show them the money and they give you the license.. It takes time
But I feel like I am wasting my energy just by replying to you.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 05, 2015, 03:05:32 PM
Rodney is such a nice troll on the forum.. The ignore button will sure come in handy..

Armada applied to several regulators but it's not like buying bread where you show them the money and they give you the license.. It takes time
But I feel like I am wasting my energy just by replying to you.

In the Seychelles it's like buying a case of beer. However in other juristictions it does take a few months the but not 1.5 years.

Again I repeat myself, read between the lines  ;) or choose to igore the facts and reality  :)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Changleitrade on January 05, 2015, 06:11:28 PM
It is getting a little bit disgusting to see some individuals going around in different threads and posting crap about every single broker except...

Rodneyp, you said that "ASIC has denied the licence". Others have asked many times and I myself ask you to prove this. Can IC Markets you do this? Or is it just general practice of individuals working for a certain broker to throw shit towards other brokers and then accidentally say that you are moving to broker X now? We have already heard what you have to say. Can't you people use google, facebook and other channels for promoting your services?

Let's keep the threads in this brokers section and other sections of the forum clean. If you have a personal agenda or you want to promote broker X and throw shit towards others then I am sure broker X has enough money to buy a domain, hosting and pay a cosy salary to all these "talented" experts.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on January 05, 2015, 08:40:15 PM
The ignore button will sure come in handy..
ignore list is available since long time. Click on your profile http://www.donnaforex.com/forum/index.php?action=profile;area=lists;sa=ignore (http://www.donnaforex.com/forum/index.php?action=profile;area=lists;sa=ignore)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on January 05, 2015, 08:41:41 PM

The ignore button will sure come in handy..
ignore list is available since long time. Click on your profile http://www.donnaforex.com/forum/index.php?action=profile;area=lists;sa=ignore (http://www.donnaforex.com/forum/index.php?action=profile;area=lists;sa=ignore)

Thanks. It used to be an ignore button. But found the list too.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reddevil on January 05, 2015, 10:18:24 PM
Just want to comment on the company rules in Australia.

Besides having a resident director and resident company secretary, AFS license requires stringent background check. I lived in 5 countries in the last 5 years and requires that security check before I could work for a financial institution. The amount of information that foreign government share with each other is unbelievable especially since I signed a form authorising any body with information to supply them !

 all AFSL holders must hold capital & client money locally. previous NZ FMA rules did not require that which is why lots of brokers setup in NZ. They may have change the rules now. I haven't kept up with the rules until my next police check !

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 05, 2015, 10:43:53 PM
It is getting a little bit disgusting to see some individuals going around in different threads and posting crap about every single broker except...

Rodneyp, you said that "ASIC has denied the licence". Others have asked many times and I myself ask you to prove this. Can IC Markets you do this? Or is it just general practice of individuals working for a certain broker to throw shit towards other brokers and then accidentally say that you are moving to broker X now? We have already heard what you have to say. Can't you people use google, facebook and other channels for promoting your services?

Let's keep the threads in this brokers section and other sections of the forum clean. If you have a personal agenda or you want to promote broker X and throw shit towards others then I am sure broker X has enough money to buy a domain, hosting and pay a cosy salary to all these "talented" experts.

Can you please show me exactly where the words "ASIC has denied the licence" have been used in my post. Since your so talented I am sure you can help me here.

Also do you work for Armada Markets, "Tickmill"? It appears that 10 out of your whopping 19 of posts relate to them (that is 52% of everything you publish in this forum)...
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Purri on January 06, 2015, 03:47:40 AM
The failed ASIC application aside - ask yourself why they are leaving Europe in the first place. The answer is obvious: they were providing financial services to EU residents without regulation, and without having a Mifid passport that would allow them to do so. It may have been legal in Estonia itself, but they were not allowed to take clients from other EU countries. They started taking heat from Poland, others were bound to follow. Why did they not go for a low-cost license from Cyprus like so many others? Its not unreasonable to anticipate passporting problems with a problematic history like that with atleast one  eeu member country.
Considering the above, together with the shit they pulled in the states, and considering the level of information-exchange between regulators worldwide, its also not unreasonable to speculate that they do not satisfy fit&proper criteria for carrying out a regulated activity downunder. That would leave you with places like the Sechelles..
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Changleitrade on January 06, 2015, 06:57:19 AM
Rodneyp, you are some piece of work. On January 2 you said: "their application was denied". Now, are you man enough to admit that you were lying?

I actually happen to be a client of Tickmill. So there is no need for me to go to your IC Markets thread and see how you are so elegantly working there. As you know I am not the only one here who has realized your agenda. Should we all go to your thread and start throwing shit at IC Markets? I will certainly not as I have better things to do with my time.

So again, can you post some evidence to actually prove that what you were stating is actually true?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 06, 2015, 07:44:05 AM
For your reference a copy of my post is below  ;)



Here is that proof I said that I would provide, this is a company extract which is publicly available information from the ASIC website. They set up a company in August 2013 and for whatever reason ASIC has not granted them a licence



I have no agenda my friend, i dont care for any broker, I will however voice my opinon and share the facts. Whether you like or believe what I say is entirely up to you  8)

Happy trading.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on January 06, 2015, 08:03:16 AM
It is getting a little bit disgusting to see some individuals going around in different threads and posting crap about every single broker except...

Rodneyp, you said that "ASIC has denied the licence". Others have asked many times and I myself ask you to prove this. Can IC Markets you do this? Or is it just general practice of individuals working for a certain broker to throw shit towards other brokers and then accidentally say that you are moving to broker X now? We have already heard what you have to say. Can't you people use google, facebook and other channels for promoting your services?

Let's keep the threads in this brokers section and other sections of the forum clean. If you have a personal agenda or you want to promote broker X and throw shit towards others then I am sure broker X has enough money to buy a domain, hosting and pay a cosy salary to all these "talented" experts.

People that have been clients with Armada for years know what they can expect from Armada/Tickmill.. We traded with them without any real regulation, they could have scammed us 10 times already. But I as a client and I who talked to Ingmar knows that they are here for the long run. they might not have all the "regulation licenses" that other brokers might have but they earned my trust throughout the years and until they violate that trust I don't see why I can't trust them.
And furthermore they are trying to get all those regulation licenses that you guys hold so dear. But you got to start somewhere and it's not that they are stopping at this.

But I have full confidence that they will continue the path they made for themselves. As stated previously by Armada that the majority of their clients are profitable traders.. I last checked the trader of the month and my jaw dropped at one guy that turned 100k into 400k EUR in one month.. And to my surprise he won the prize 2-3 months ago too when he traded from 30k to 100k.. Meanwhile he withdrew 30k a few times. All with no problems.

So throw as many accusations as you want.. The profitable traders are usually smart people and they will be able to figure it out themselves if it's a dodgy broker or not. Seychelles or not as long as things are the same or better upon what they offered at Armada, they won't lose me as a client.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on January 06, 2015, 11:17:03 AM
It is getting a little bit disgusting to see some individuals going around in different threads and posting crap about every single broker except...

Rodneyp, you said that "ASIC has denied the licence". Others have asked many times and I myself ask you to prove this. Can IC Markets you do this? Or is it just general practice of individuals working for a certain broker to throw shit towards other brokers and then accidentally say that you are moving to broker X now? We have already heard what you have to say. Can't you people use google, facebook and other channels for promoting your services?

Let's keep the threads in this brokers section and other sections of the forum clean. If you have a personal agenda or you want to promote broker X and throw shit towards others then I am sure broker X has enough money to buy a domain, hosting and pay a cosy salary to all these "talented" experts.

People that have been clients with Armada for years know what they can expect from Armada/Tickmill.. We traded with them without any real regulation, they could have scammed us 10 times already. But I as a client and I who talked to Ingmar knows that they are here for the long run. they might not have all the "regulation licenses" that other brokers might have but they earned my trust throughout the years and until they violate that trust I don't see why I can't trust them.
And furthermore they are trying to get all those regulation licenses that you guys hold so dear. But you got to start somewhere and it's not that they are stopping at this.

But I have full confidence that they will continue the path they made for themselves. As stated previously by Armada that the majority of their clients are profitable traders.. I last checked the trader of the month and my jaw dropped at one guy that turned 100k into 400k EUR in one month.. And to my surprise he won the prize 2-3 months ago too when he traded from 30k to 100k.. Meanwhile he withdrew 30k a few times. All with no problems.

So throw as many accusations as you want.. The profitable traders are usually smart people and they will be able to figure it out themselves if it's a dodgy broker or not. Seychelles or not as long as things are the same or better upon what they offered at Armada, they won't lose me as a client.

in spite of the generally dodgy nature of fx brokerages, I was really surprised when I first joined Armada Markets (current Tickmill) and saw all their team with CEO, with their real names stated on the website (which were basically accessible for conversation through LinkedIn). Coming out of the closet is something top management of most other brokerages are putting best efforts to avoid, knowing that anytime their shaky business can ruin and their reputation spoiled along with it. Of course we can’t definitely take it as a reputation token, but it is a positive point that put me in a good disposition with them. :)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on January 10, 2015, 07:58:30 PM
From few weeks operating with Armada, now Tickmill, and Till now everything very good. The trading conditions are very good and they are very flexible on all the aspects (deposita, withdrawals etc)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: geektrader on January 11, 2015, 04:07:08 AM
I really wonder how many of you, beside me, have RodneyP on their ignore list? Should we start a extra poll?:)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: blueaadvark on January 13, 2015, 10:04:21 AM
Anybody having problems with Tickmill customer support?

Previously it has been excellent with queries dealt with in a few hours.

Unfortunately I'm now waiting days, with default email replies where clearly no one has read my emails. It's getting to the point where I'm going to have to pull my accounts...

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on January 13, 2015, 10:15:11 AM
Anybody having problems with Tickmill customer support?

Previously it has been excellent with queries dealt with in a few hours.

Unfortunately I'm now waiting days, with default email replies where clearly no one has read my emails. It's getting to the point where I'm going to have to pull my accounts...

I am receiving prompt responses to my emails sent to support@tickmill.com
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: blueaadvark on January 13, 2015, 10:44:10 AM
That's the email address that I am using (plus the old Armada one).

Maybe I'm just too poor to bother with...
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tyler on January 13, 2015, 11:16:29 AM
That's the email address that I am using (plus the old Armada one).

Maybe I'm just too poor to bother with...
I don't have even 500$ on my account and I had a mail exchange with they support for something strange happen to MT4 Android version, they always answered promptly and after investigation found what is the problem, so I can't say nothing but good about support.
Perhaps your email didn't arrives, it happens.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on January 13, 2015, 12:18:51 PM
I often don't get why people mail and not use the chat support. Especially if it's as urgent.. you get direct feedback!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: blueaadvark on January 13, 2015, 04:48:54 PM
I finally got a response to my query after several days.

I've been told by TickMill that they will not add new MT4 accounts to existing UK client accounts.

Have to admit I'm at a bit of a loss here. This was never an issue with Armada. Looks like I'll have to change broker...
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on January 15, 2015, 09:07:07 AM
Anybody having problems with Tickmill customer support?

Previously it has been excellent with queries dealt with in a few hours.

Unfortunately I'm now waiting days, with default email replies where clearly no one has read my emails. It's getting to the point where I'm going to have to pull my accounts...

have you already try their live chat support, from what i saw it's available for 13H, otherwise a skype contact would be much better. their skype respond more close at hand. skype are my most use ways to contact tickmill support.
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fi.imgur.com%2Fc7YFZOk.jpg&hash=fa4aa2a330185ac7038fed7d38531bee)
just added few snapshot.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Efx123 on January 15, 2015, 03:17:47 PM
My best day ever today with Tickmill. Made over 50k with GBPCHF in 15 minutes!!!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trader_FX on January 16, 2015, 10:47:34 AM
Mail from TM...

Dear XXX
As you may already know, yesterday morning there was a very sudden and massive move in Swiss Franc pairs. 

CHF pairs have never seen this record-high volatility.

Within few moments EURCHF dropped to below 1 from an early morning solid-high above 1.20. Other CHF pairs experienced similar extreme moves seen with EURCHF.
What does it mean for traders?

Of course, it was a golden-opportunity for many traders to earn quite a lot. Clients of many brokers, however, were not able to profit from this move due to requotes and rejects. Many brokers have started to cancel Client profits with reference to various causes and contract conditions. We are very sorry to see that happening!

Why Tickmill Clients remain calm?

Simple! Because as always, we didn’t issue a single re-quote and our Clients can keep their profits in their pockets.

We are proud to report that it is business as usual at Tickmill as client trading and all other processes are going normally.

Tickmill is proud of its strong reputation and integrity. We thank our customers for their continued loyalty and welcome new traders who want to experience outstanding service and execution.

This is Tickmill’s approach to trading and serving our clients! We welcome all new Clients!

Best regards,

Tickmill
Website: www.tickmill.com (http://www.tickmill.com)
Email: support@tickmill.com
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 16, 2015, 11:35:52 AM
They survived due to them B booking their client trades.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Whaley on January 16, 2015, 11:42:37 AM
Tickmill was one of the few brokers who not only survived yesterday's EUR/CHF crash, but will most likely grow their client base by 2-3 times over the coming weeks as clients from brokers such Alpari, FXCM, IG Markets, etc flee and look for solid broker.

Tickmill is one of the few brokers which is managed by professional traders who probably foresaw the EUR/CHF move and were prepared in time. Good job!

Link to Tickmill's press release: http://www.tickmill.com/company-news/record-high-volatility-eurchf/ (http://www.tickmill.com/company-news/record-high-volatility-eurchf/)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on January 16, 2015, 12:14:36 PM
Someone has a list of te brokers affected? i know that some of them will come at the insolvency next days or weeks, but if there is a list for the broker which already declared insolvency
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Changleitrade on January 16, 2015, 01:49:12 PM
Tickmill was one of the few brokers who not only survived yesterday's EUR/CHF crash, but will most likely grow their client base by 2-3 times over the coming weeks as clients from brokers such Alpari, FXCM, IG Markets, etc flee and look for solid broker.

Tickmill is one of the few brokers which is managed by professional traders who probably foresaw the EUR/CHF move and were prepared in time. Good job!

Link to Tickmill's press release: http://www.tickmill.com/company-news/record-high-volatility-eurchf/ (http://www.tickmill.com/company-news/record-high-volatility-eurchf/)

Respect to Tickmill and its people!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 16, 2015, 01:56:13 PM
The bog boys like Gain, Fx Pro, Oanda, IC Markets and Pepperstone survived. Just read forex magnates. The littleguys will now try to catch the scrap as Alpari UK and other smaller brokers fall.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Efx123 on January 16, 2015, 02:01:16 PM
There will be a massive number of clients going to Tickmill and other brokers now. They will most likely double their client numbers within a few months.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: geektrader on January 17, 2015, 04:32:01 AM
For sure, and now I´d say it was VERY smart-move to go to the Seychelles, because with almost 100% confidence the "western" regulators will cut leverage and raise the requirements for retail clients to trade Forex if they do not forbid it at all. Then the Seychelles will come in VERY handy :)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 17, 2015, 05:30:49 AM
For sure, and now I´d say it was VERY smart-move to go to the Seychelles, because with almost 100% confidence the "western" regulators will cut leverage and raise the requirements for retail clients to trade Forex if they do not forbid it at all. Then the Seychelles will come in VERY handy :)

I very much doubt that regulators will cut leverage. We have seen this story before in UK with world spreads and ODL and nothing happened. Regulators can't even make up their own mind let alone communicate with each other all over the world.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Whaley on January 17, 2015, 07:57:58 AM
This is getting interesting now...

Tickmill announced today its readiness to buy client portfolios and assets of FX brokers who have run into difficulties due to recent market events related to record Swiss Franc volatility.
With a strong capital base Tickmill is looking forward to seize this historic opportunity and significantly increase its client base and market share.

The management was able to foresee recent Swiss Franc developments. As a result, the company was not affected by market moves thanks to the excellent risk management systems and Tickmill’s directors, who have over 15 years of experience in the FX industry.

Tickmill stands strong to onboard unlimited number of new clients and is also able to absorb FX brokers who lack sufficient capital for operations.


http://www.tickmill.com/company-news/tickmill-seeking-acquire-client-portfolios-fx-brokers/ (http://www.tickmill.com/company-news/tickmill-seeking-acquire-client-portfolios-fx-brokers/)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 17, 2015, 08:17:01 AM
This is getting interesting now...

Tickmill announced today its readiness to buy client portfolios and assets of FX brokers who have run into difficulties due to recent market events related to record Swiss Franc volatility.
With a strong capital base Tickmill is looking forward to seize this historic opportunity and significantly increase its client base and market share.

The management was able to foresee recent Swiss Franc developments. As a result, the company was not affected by market moves thanks to the excellent risk management systems and Tickmill’s directors, who have over 15 years of experience in the FX industry.

Tickmill stands strong to onboard unlimited number of new clients and is also able to absorb FX brokers who lack sufficient capital for operations.


http://www.tickmill.com/company-news/tickmill-seeking-acquire-client-portfolios-fx-brokers/ (http://www.tickmill.com/company-news/tickmill-seeking-acquire-client-portfolios-fx-brokers/)

Are they planning to buy brokers with matryoshka dolls?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on January 17, 2015, 12:05:01 PM
Tickmill was one of the few brokers who not only survived yesterday's EUR/CHF crash, but will most likely grow their client base by 2-3 times over the coming weeks as clients from brokers such Alpari, FXCM, IG Markets, etc flee and look for solid broker.

Tickmill is one of the few brokers which is managed by professional traders who probably foresaw the EUR/CHF move and were prepared in time. Good job!

Link to Tickmill's press release: http://www.tickmill.com/company-news/record-high-volatility-eurchf/ (http://www.tickmill.com/company-news/record-high-volatility-eurchf/)
as everytime i see Whaley posting, you can bet he mainly post within Armada/Tickmill thread or other broker threads making positive statements, defending the broker or initiating a favorable discussion for Armada/Tickmill. Beside this, i can't see much. This is verifiable for everyone by looking at all posts from one user. I see a pattern, so this is my candidate for my ignore list.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 17, 2015, 12:37:53 PM
Tickmill was one of the few brokers who not only survived yesterday's EUR/CHF crash, but will most likely grow their client base by 2-3 times over the coming weeks as clients from brokers such Alpari, FXCM, IG Markets, etc flee and look for solid broker.

Tickmill is one of the few brokers which is managed by professional traders who probably foresaw the EUR/CHF move and were prepared in time. Good job!

Link to Tickmill's press release: http://www.tickmill.com/company-news/record-high-volatility-eurchf/ (http://www.tickmill.com/company-news/record-high-volatility-eurchf/)
as everytime i see Whaley posting, you can bet he mainly post within Armada/Tickmill thread or other broker threads making positive statements, defending the broker or initiating a favorable discussion for Armada/Tickmill. Beside this, i can't see much. This is verifiable for everyone by looking at all posts from one user. I see a pattern, so this is my candidate for my ignore list.

He is a disrespectful Armada / Tickmill troll.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on January 17, 2015, 06:02:47 PM
Nothing wrong with being passionate about a broker. Those who trade with them know why you are passionate about them.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on January 18, 2015, 07:40:08 AM
I am trading with them from few weeks and i can say thatvtrading conditions are very good. They are also very flexible as for deposit and withdraw methods and refund u the ewallett fees. At the moment overall performances are negative due to stop losses hit by my EAs, but i am using the same EAs on other brokers and Tickmill is showing the better results (due to tighter spreads). At the moment so far so good
Cannot compare to other ecn At the moment but soon will be able to do it
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: bradleyfx on January 19, 2015, 10:56:28 AM
I am trading with them from few weeks and i can say thatvtrading conditions are very good. They are also very flexible as for deposit and withdraw methods and refund u the ewallett fees. At the moment overall performances are negative due to stop losses hit by my EAs, but i am using the same EAs on other brokers and Tickmill is showing the better results (due to tighter spreads). At the moment so far so good
Cannot compare to other ecn At the moment but soon will be able to do it
Which EA-s are you using with Tickmill? Please post some comparisons here if you get to that point. Thanx.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 19, 2015, 11:26:44 AM
Looks like the Armada / Tickmill troll Whaley has been banned. Good work Admin's.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: shocky on January 19, 2015, 11:45:39 AM
Looks like the Armada / Tickmill troll Whaley has been banned. Good work Admin's.

and it also seems as if you get bored a lot
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 19, 2015, 12:00:15 PM
Looks like the Armada / Tickmill troll Whaley has been banned. Good work Admin's.

and it also seems as if you get bored a lot

Yes sometimes between trades I do get bored, so I try to provide some valuable information to members of this forum  8)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on January 19, 2015, 01:29:05 PM
I am trading with them from few weeks and i can say thatvtrading conditions are very good. They are also very flexible as for deposit and withdraw methods and refund u the ewallett fees. At the moment overall performances are negative due to stop losses hit by my EAs, but i am using the same EAs on other brokers and Tickmill is showing the better results (due to tighter spreads). At the moment so far so good
Cannot compare to other ecn At the moment but soon will be able to do it

which EA do you with them, is it drivegold ? , how's the entry process with your EA, different trading condition should affect the EA setting, how tight spread you've got, on what pips average spread you've got during entry execution ( instant order or stop order) any further information would be much appreciated.
as for withdrawing method by any chance did you use neteller with them, for now I use skrill method, but I plan to compare both fees, and it seem neteller are much easier to combine with my debit cards.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on January 19, 2015, 02:35:16 PM
I am trading with them from few weeks and i can say thatvtrading conditions are very good. They are also very flexible as for deposit and withdraw methods and refund u the ewallett fees. At the moment overall performances are negative due to stop losses hit by my EAs, but i am using the same EAs on other brokers and Tickmill is showing the better results (due to tighter spreads). At the moment so far so good
Cannot compare to other ecn At the moment but soon will be able to do it

which EA do you with them, is it drivegold ? , how's the entry process with your EA, different trading condition should affect the EA setting, how tight spread you've got, on what pips average spread you've got during entry execution ( instant order or stop order) any further information would be much appreciated.
as for withdrawing method by any chance did you use neteller with them, for now I use skrill method, but I plan to compare both fees, and it seem neteller are much easier to combine with my debit cards.
I am not using Drive Gold on Tickmill because i do not have sufficient funds on this account to trade SG. Also, on Gold SWAP costs on Tickmill are very high (but spreads are the tigheter). I am using at the moment Forex Diamond, Wally and Polygon. Anyway Tickmill is similar to any other ECN borker: i have better results on Tickmill than Thinkforex because the last one is a standard account, so with higher spreads. I am sure that on a Thinkforex PRO (or any other ECN account) results will be the same. On Tickmill u can use both Skrill and Neteller
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on January 21, 2015, 03:30:25 PM
Many thanks to all of you for your input and comments regarding our company! Those of you who continue trading with us may have noticed that we have kept the trading conditions that Armada Markets used to offer. In the coming months we expect to improve that with a wider variety of trading instruments. I will try to keep you updated here with the changes and improvements we implement.

I will be the official representative of Tickmill on this forum and will not create a new thread as this one pretty much covers all topics related to our operations. For any general questions or inquiries do not hesitate to contact me via personal message or via email feedback@tickmill.com, for more technical questions please refer to our support at support@tickmill.com.
I will do my best to produce a fast and adequate response whenever possible.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Gooney on January 23, 2015, 03:46:22 AM
 I was thinking about using this broker to scalp trade...Anyone used them? I have used Axitrader and IC Markets. Was happy with Axitrader, but their spreads are quite high. IC Markets customer service sucks! Any feedback would be much appreciated. Thanks
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 23, 2015, 04:41:15 AM
I was thinking about using this broker to scalp trade...Anyone used them? I have used Axitrader and IC Markets. Was happy with Axitrader, but their spreads are quite high. IC Markets customer service sucks! Any feedback would be much appreciated. Thanks

They are a "B book" broker with liitle or no regulation. Your better off going for a "B book" broker that at least has some regulation.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on January 23, 2015, 11:27:35 AM
I was thinking about using this broker to scalp trade...Anyone used them? I have used Axitrader and IC Markets. Was happy with Axitrader, but their spreads are quite high. IC Markets customer service sucks! Any feedback would be much appreciated. Thanks

ask him how his scalp end up 50k in 15 minutes!

My best day ever today with Tickmill. Made over 50k with GBPCHF in 15 minutes!!!

its kindly ironic while practically said happy with higher spread, not mention you intend you scalp here. i believe you fully aware how spread affect your scalping result. would you still consider 0.2-0.5 average spread on eurusd as happy scalping ?
what I intend to put here, a simple trading condition match we need, a scalping for example. I've been use many trading system, not mention to many brokers company, regulated on shady regulated one, the most true fact is none of those regulation body would guarantee you become a victim of shady trading condition. I try to be honest here, couple years ago got fxcm account at started deposit amount 2k, and even now had you ever found traders do scalp with them ?
for now I feel comfortable to trading with tickmill trading condition, and even much more confident to put more aggresive scalping type, for now I use tickscalper with stop order entry execution. for instant execution I still use manually, and under a deep research trading strategies for a moment.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 23, 2015, 12:12:11 PM
Seriously just open a hybrid account with synergy!  Im not a synergy rep either.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: savantfx on January 23, 2015, 12:47:39 PM
I was thinking about using this broker to scalp trade...Anyone used them? I have used Axitrader and IC Markets. Was happy with Axitrader, but their spreads are quite high. IC Markets customer service sucks! Any feedback would be much appreciated. Thanks

ICMarkets customer support is normal in my experience, just like any other good brokers. May i know what happened to you that makes you say their customer service sucks?

As for armadamarkets the bridge they use, primexm made their execution good. Low slippages. Other bridges are very slow compared to this. I am not sure whether tickmill still uses primexm as the bridge. If they still then it should still have a very good trading condition. If this firm has ASIC/FCA license they would be really popular as traders would really benefit from trading there with their low transaction costs. One of the best retail brokers to trade with, with the cons of lack of a firm regulator. So go ahead with money you can afford to lose.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Gooney on January 23, 2015, 03:01:14 PM
I was thinking about using this broker to scalp trade...Anyone used them? I have used Axitrader and IC Markets. Was happy with Axitrader, but their spreads are quite high. IC Markets customer service sucks! Any feedback would be much appreciated. Thanks

ICMarkets customer support is normal in my experience, just like any other good brokers. May i know what happened to you that makes you say their customer service sucks?

As for armadamarkets the bridge they use, primexm made their execution good. Low slippages. Other bridges are very slow compared to this. I am not sure whether tickmill still uses primexm as the bridge. If they still then it should still have a very good trading condition. If this firm has ASIC/FCA license they would be really popular as traders would really benefit from trading there with their low transaction costs. One of the best retail brokers to trade with, with the cons of lack of a firm regulator. So go ahead with money you can afford to lose.

They(ICM) are generally very slow at replying and usually give  vague answers.

Tickmill are based in the Seychelles with a dubious licence which is the only thing holding me back to trade with them..
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: bradleyfx on January 23, 2015, 05:26:47 PM
Customer service told me that Tickmill still use primeXM bridge which is probably the best liquidity bridge in the world.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 23, 2015, 06:03:01 PM
Customer service told me that Tickmill still use primeXM bridge which is probably the best liquidity bridge in the world.

Prime XM is the bridge that decided to remove the cross coonect with CNS killing their customers. They are actually the worst bridge on planet earth. And the guy Clive has posted arrogant comments about CNS. The best bridges are Gold Eye and One Zero.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Changleitrade on January 23, 2015, 09:39:40 PM
Can somebody tell me how I could put "rodneyp" to some sort of ignore list so that I would not see her comments anywhere?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on January 23, 2015, 10:01:11 PM
Can somebody tell me how I could put "rodneyp" to some sort of ignore list so that I would not see her comments anywhere?

Profile > Account settings > edit ignore list
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ak386 on January 23, 2015, 10:05:41 PM
Many thanks to all of you for your input and comments regarding our company! Those of you who continue trading with us may have noticed that we have kept the trading conditions that Armada Markets used to offer. In the coming months we expect to improve that with a wider variety of trading instruments. I will try to keep you updated here with the changes and improvements we implement.

I will be the official representative of Tickmill on this forum and will not create a new thread as this one pretty much covers all topics related to our operations. For any general questions or inquiries do not hesitate to contact me via personal message or via email feedback@tickmill.com, for more technical questions please refer to our support at support@tickmill.com.
I will do my best to produce a fast and adequate response whenever possible.


Excellent, the best in town, I am scalper and Tickmill is real good in spread, execution, in news, is 000 tricks, I hope not change in the future.
What is the name of CEO?
They are the same owners?
Many need more Tickmill  information to found more money. You know that with the difficulties of many brokers we need safety.
What is your name?, that gives us more confidence.
I wish you good luck in the new project.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Gooney on January 24, 2015, 01:07:21 AM
Many thanks to all of you for your input and comments regarding our company! Those of you who continue trading with us may have noticed that we have kept the trading conditions that Armada Markets used to offer. In the coming months we expect to improve that with a wider variety of trading instruments. I will try to keep you updated here with the changes and improvements we implement.

I will be the official representative of Tickmill on this forum and will not create a new thread as this one pretty much covers all topics related to our operations. For any general questions or inquiries do not hesitate to contact me via personal message or via email feedback@tickmill.com, for more technical questions please refer to our support at support@tickmill.com.
I will do my best to produce a fast and adequate response whenever possible.


Excellent, the best in town, I am scalper and Tickmill is real good in spread, execution, in news, is 000 tricks, I hope not change in the future.
What is the name of CEO?
They are the same owners?
Many need more Tickmill  information to found more money. You know that with the difficulties of many brokers we need safety.
What is your name?, that gives us more confidence.
I wish you good luck in the new project.

The CEO are still  the Mattus brothers. I did a quick google to figure that out.

The issue i have with Tickmill is that they are based in Seychelles with a dubious licence. I am not familiar with Seychelles and its financial regulatory requirements.Safety of funds is a concern for me..
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: odysseus11 on January 24, 2015, 01:21:47 AM
I dont blame you, and agree. Jurisdiction and real regulation are a concern.
I want to know I have a real place to go with issues (whether it ends up meaning anything or not), for my own money only FCA/NFA/ASIC do this with enough credibility.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 24, 2015, 09:51:56 AM
This weekend I looked into this whole Seychelles regulation thing a bit more. I discovered that to become regulated in the Seychelles it is simply a matter of setting up a company and registering with their regulator, the "FSA". There is no formal application process, it is more just a registration.

I have a few more documents to read regarding this and will post more info after I have read them.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ak386 on January 24, 2015, 02:28:34 PM
which is transparent and honest not need regulation.
But for a big money you need regulation, registration, references, tranquillizers and vitamins. :) 
But TICKMILL is the best so far, hopefully not fall into the wrong temptations. ;)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on January 24, 2015, 04:04:08 PM
...it is simply a matter of setting up a company and registering with their regulator, the "FSA". There is no formal application process, it is more just a registration...
means, Tickmill's so called "regulation" seems to be a joke, at least i still don't see any benefit
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ColiseumFX on January 24, 2015, 04:38:44 PM
This weekend I looked into this whole Seychelles regulation thing a bit more. I discovered that to become regulated in the Seychelles it is simply a matter of setting up a company and registering with their regulator, the "FSA". There is no formal application process, it is more just a registration.

I have a few more documents to read regarding this and will post more info after I have read them.

Guys Seychelles registration means absolutely nothing and there is no regulation in any way there. It's a offshore company that cost a couple hundred bucks to set up. Just Google search Seychelles offshore company.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on January 24, 2015, 09:36:27 PM
This weekend I looked into this whole Seychelles regulation thing a bit more. I discovered that to become regulated in the Seychelles it is simply a matter of setting up a company and registering with their regulator, the "FSA". There is no formal application process, it is more just a registration.

I have a few more documents to read regarding this and will post more info after I have read them.

Guys Seychelles registration means absolutely nothing and there is no regulation in any way there. It's a offshore company that cost a couple hundred bucks to set up. Just Google search Seychelles offshore company.

From what read the whole process costs between $1-2k and anyone can setup a company and get "FSA" regulation, there is no due diligence or screening as I mentioned it is simply a registration.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ColiseumFX on January 25, 2015, 01:13:09 AM
This weekend I looked into this whole Seychelles regulation thing a bit more. I discovered that to become regulated in the Seychelles it is simply a matter of setting up a company and registering with their regulator, the "FSA". There is no formal application process, it is more just a registration.

I have a few more documents to read regarding this and will post more info after I have read them.

Guys Seychelles registration means absolutely nothing and there is no regulation in any way there. It's a offshore company that cost a couple hundred bucks to set up. Just Google search Seychelles offshore company.

From what read the whole process costs between $1-2k and anyone can setup a company and get "FSA" regulation, there is no due diligence or screening as I mentioned it is simply a registration.

Yep, most of the time 100% anonymous who really owns the company. I'm all for offshore brokers but you really should look into a broker you want to trade with, see who their partners are, how are they providing services, and how connected to the market they're really.

Offshore MM wouldn't touch.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ak386 on January 26, 2015, 10:54:26 PM
With regulation or no regulation TICKMILL all these years have shown quality and refinement, nobleness, you think that is going to betray now?
I think many people like to hurt the work of others.
When something strange happens, reporting in this forum, meanwhile are just speculating.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on January 26, 2015, 11:03:47 PM
If Tickmill was some starting broker then I would be sure to stay away.. But I've been with them since 2012 and I would be the first one to point out irregularities when I see one.. But so far they gained my trust for 3 years now and they have been nothing but extraordinary to me with their communication.

+ the live chat support is one of the better one of brokers. With others I feel like I have to educate the support behind the computers like they just read off a script. But tickmill's support is knowledgable and answers to the point.

Try them out if you are not happy then get out no harm done.

I'm not saying stick all your money with one broker but this is a quality one deserving your attention if you seek to diversify.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on January 27, 2015, 12:19:35 PM
Stay tuned for a press release in the following days about our new CEO and an interview is soon to follow!

Safety and trust are among our top priorities and we will improve them even more.
The trading conditions will remain the same as that has been and still is our company's philosophy. Same goes for the upcoming new trading instruments, but more on that once we are ready to roll them out.

This is a corporate account and different people may be reviewing it, but for the moment my name is Mike and I will be Tickmill's eyes and voice on this forum.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: felipebr on January 28, 2015, 10:51:19 AM
Stay tuned for a press release in the following days about our new CEO and an interview is soon to follow!

Safety and trust are among our top priorities and we will improve them even more.
The trading conditions will remain the same as that has been and still is our company's philosophy. Same goes for the upcoming new trading instruments, but more on that once we are ready to roll them out.

This is a corporate account and different people may be reviewing it, but for the moment my name is Mike and I will be Tickmill's eyes and voice on this forum.

Hi Mike, welcome to donna. I would like to ask about Tickmill regulation, there is any or you have only the registration ? If not, do you plan to have any reputable  regulator ?

Thank you
Best regards
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on January 28, 2015, 01:27:29 PM
We are both registered and regulated by FSA of Seychelles, which means regular audits from the authority and regulations we need to adhere to. This is our first major step (as some of you have mentioned) to improve trust and security even more. We do not plan to stop there and I will keep you updated when the time comes.

As promised, the press release about our new CEO is now available. The man has enormous experience managing regulated companies and his expertise will definitely help us in that field! You can have a look at the press release here:

http://www.tickmill.com/company-news/tickmill-appoints-sudhanshu-agarwal-ceo/ (http://www.tickmill.com/company-news/tickmill-appoints-sudhanshu-agarwal-ceo/)

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: super7 on January 28, 2015, 03:45:03 PM
hmm, previous experience at USGFX and AvaTrade is not something to be proud about, see ForexPeaceArmy, I hope TickMill will not became something like these, only worth mentioning is Direct FX.... anyway I wish all the best to new CEO
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Gooney on January 28, 2015, 10:50:38 PM
hmm, previous experience at USGFX and AvaTrade is not something to be proud about, see ForexPeaceArmy, I hope TickMill will not became something like these, only worth mentioning is Direct FX.... anyway I wish all the best to new CEO

I tend to agree with you. In my opinion, Avatrade, USGFX are both bucketshop brokers. Directfx is ok! So I think this does not bode well for Tickmill. Risky move and I do not see myself trading with them. FSA regulation in Seychelles is not a very reputable regulation. It is NOT on par with ASIC or even better, FCA.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on January 29, 2015, 05:51:23 AM
Stay tuned for a press release in the following days about our new CEO and an interview is soon to follow!

Safety and trust are among our top priorities and we will improve them even more.
The trading conditions will remain the same as that has been and still is our company's philosophy. Same goes for the upcoming new trading instruments, but more on that once we are ready to roll them out.

This is a corporate account and different people may be reviewing it, but for the moment my name is Mike and I will be Tickmill's eyes and voice on this forum.

Hi Mike, welcome to donna. I would like to ask about Tickmill regulation, there is any or you have only the registration ? If not, do you plan to have any reputable  regulator ?

Thank you
Best regards

They got approved by Seychelles FSA so far. But frankly, for my 3 years with them a regulation didn’t have a trivial impact for my trading. Nevertheless, I would like to see Tickmill with more reputable regulators, safety matters sometimes.  as safety is in the first place .
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: felipebr on January 29, 2015, 05:43:48 PM
We are both registered and regulated by FSA of Seychelles, which means regular audits from the authority and regulations we need to adhere to. This is our first major step (as some of you have mentioned) to improve trust and security even more. We do not plan to stop there and I will keep you updated when the time comes.

As promised, the press release about our new CEO is now available. The man has enormous experience managing regulated companies and his expertise will definitely help us in that field! You can have a look at the press release here:

http://www.tickmill.com/company-news/tickmill-appoints-sudhanshu-agarwal-ceo/ (http://www.tickmill.com/company-news/tickmill-appoints-sudhanshu-agarwal-ceo/)

There is any public registration or audits papers that I can find in FSA website about Tickmill ?
I could not find it.

Thank you
Regards
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ak386 on January 30, 2015, 01:42:56 PM
Mike  people are looking for confident, credibility,  ;)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JJ-FX on January 30, 2015, 05:40:48 PM
We are both registered and regulated by FSA of Seychelles, which means regular audits from the authority and regulations we need to adhere to.
You mean you filled in a form and paid the USD 1,000 registration fee? I think I can imagine how much regulation you get for that price.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: forex4life on January 31, 2015, 06:15:06 PM
Hi
For your current or new customers it would be something important to get a proper registration.
Thank you.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: pipsbuster on February 01, 2015, 01:12:17 PM
Tickmill, how come you didn't suffer any losses in the SNB rate decision aftermath while many other brokers did?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 01, 2015, 04:07:11 PM
Tickmill, how come you didn't suffer any losses in the SNB rate decision aftermath while many other brokers did?

I read a post here or somewhere else that explained this. Here were the key points.

1. B book brokers did not loose they made a killing

2. Brokers will little or no exposure in CHF crosses would not have been effected

3. Some A book brokers are hiding their losses for fear of bad PR.

4. Brokers running A and B books may have come out square as A book losses were negated by B book profits.

Hope this helps.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on February 01, 2015, 05:24:24 PM
I mailed with Ingmar regarding this and they had little exposure as they also increased margins a month or two before the SNB ceiling call.

They even had clients leave them cause they increased margin of CHF pairs.. In the end a client even thanked them that because the margin increase he avoided catastrophe.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: pipsbuster on February 01, 2015, 05:36:39 PM
Tickmill, how come you didn't suffer any losses in the SNB rate decision aftermath while many other brokers did?

I read a post here or somewhere else that explained this. Here were the key points.

1. B book brokers did not loose they made a killing

2. Brokers will little or no exposure in CHF crosses would not have been effected

3. Some A book brokers are hiding their losses for fear of bad PR.

4. Brokers running A and B books may have come out square as A book losses were negated by B book profits.

Hope this helps.
What type of broker is Tickmill: A-book, B-book, or a combination of the two?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on February 01, 2015, 06:26:27 PM
What type of broker is Tickmill: A-book, B-book, or a combination of the two?
their TOS say they will hedge every client order, so for me it's A-book only
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: pipsbuster on February 01, 2015, 07:19:56 PM
What type of broker is Tickmill: A-book, B-book, or a combination of the two?
their TOS say they will hedge every client order, so for me it's A-book only
How come they didn't suffer any losses in the SNB aftermath then?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on February 01, 2015, 07:59:08 PM
What type of broker is Tickmill: A-book, B-book, or a combination of the two?
their TOS say they will hedge every client order, so for me it's A-book only
How come they didn't suffer any losses in the SNB aftermath then?

As you may already know, yesterday morning there was a very sudden and massive move in Swiss Franc pairs. 

CHF pairs have never seen this record-high volatility.

Within few moments EURCHF dropped to below 1 from an early morning solid-high above 1.20. Other CHF pairs experienced similar extreme moves seen with EURCHF.
What does it mean for traders?

Of course, it was a golden-opportunity for many traders to earn quite a lot. Clients of many brokers, however, were not able to profit from this move due to requotes and rejects. Many brokers have started to cancel Client profits with reference to various causes and contract conditions. We are very sorry to see that happening!

Why Tickmill Clients remain calm?

Simple! Because as always, we didn’t issue a single re-quote and our Clients can keep their profits in their pockets.

We are proud to report that it is business as usual at Tickmill as client trading and all other processes are going normally.

Tickmill is proud of its strong reputation and integrity. We thank our customers for their continued loyalty and welcome new traders who want to experience outstanding service and execution.

This is Tickmill’s approach to trading and serving our clients! We welcome all new Clients!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: pipsbuster on February 01, 2015, 08:57:38 PM
What type of broker is Tickmill: A-book, B-book, or a combination of the two?
their TOS say they will hedge every client order, so for me it's A-book only
How come they didn't suffer any losses in the SNB aftermath then?

As you may already know, yesterday morning there was a very sudden and massive move in Swiss Franc pairs. 

CHF pairs have never seen this record-high volatility.

Within few moments EURCHF dropped to below 1 from an early morning solid-high above 1.20. Other CHF pairs experienced similar extreme moves seen with EURCHF.
What does it mean for traders?

Of course, it was a golden-opportunity for many traders to earn quite a lot. Clients of many brokers, however, were not able to profit from this move due to requotes and rejects. Many brokers have started to cancel Client profits with reference to various causes and contract conditions. We are very sorry to see that happening!

Why Tickmill Clients remain calm?

Simple! Because as always, we didn’t issue a single re-quote and our Clients can keep their profits in their pockets.

We are proud to report that it is business as usual at Tickmill as client trading and all other processes are going normally.

Tickmill is proud of its strong reputation and integrity. We thank our customers for their continued loyalty and welcome new traders who want to experience outstanding service and execution.

This is Tickmill’s approach to trading and serving our clients! We welcome all new Clients!

What are the actual mechanics behind this? How did the allegedly A-book broker Tickmill manage to prevent its clients who shorted the Swiss Franc against the Euro from running huge negative balances on their accounts in the aftermath of the SNB decision?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on February 01, 2015, 09:14:16 PM
Why Tickmill Clients remain calm?

Simple! Because as always, we didn’t issue a single re-quote and our Clients can keep their profits in their pockets.
i deleted this mail 2sec after it arrived and was angry to have wasted my time. Zero value, no real explanation and pure marketing "others failed, but we are the best bla bla".
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on February 01, 2015, 10:35:30 PM
Why Tickmill Clients remain calm?

Simple! Because as always, we didn’t issue a single re-quote and our Clients can keep their profits in their pockets.
i deleted this mail 2sec after it arrived and was angry to have wasted my time. Zero value, no real explanation and pure marketing "others failed, but we are the best bla bla".

Fair comment but I posted this as it was the only info I received/found regarding the way Tickmill handled/was affected by the Chf fiasco. If anyone has any additional info please post it.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: pipsbuster on February 01, 2015, 10:40:57 PM
Why Tickmill Clients remain calm?

Simple! Because as always, we didn’t issue a single re-quote and our Clients can keep their profits in their pockets.
i deleted this mail 2sec after it arrived and was angry to have wasted my time. Zero value, no real explanation and pure marketing "others failed, but we are the best bla bla".

Fair comment but I posted this as it was the only info I received/found regarding the way Tickmill handled/was affected by the Chf fiasco. If anyone has any additional info please post it.
I wonder what Tickmill's representative in this thread has to say about it (just, please, don't give us the same stuff you gave in that email - it insults our intelligence quite deeply).
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 02, 2015, 08:51:23 AM
We had a feeling something might go down with CHF, but we did not know when to expect it, so just in case we have temporarily lowered the leverage for CHF pairs to 1/20. Needless to say, some traders who were used to trading with larger amounts were not happy with that decision and either switched to different pairs or looked for a different broker if their strategies involved CHF in particular. A small amount of traders who continued trading with CHF got to keep all the profits. For the unlucky few who ended up with a negative balance, we compensated it within a few days.
Believe it or not, but it is as simple as that - we imposed restrictions to temporarily divert trading from CHF pairs. Turned out it was a good call for both us and our clients. Now business is back as usual and those events had little to no impact on our operations at all.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: pipsbuster on February 02, 2015, 10:39:57 AM
We had a feeling something might go down with CHF, but we did not know when to expect it, so just in case we have temporarily lowered the leverage for CHF pairs to 1/20. Needless to say, some traders who were used to trading with larger amounts were not happy with that decision and either switched to different pairs or looked for a different broker if their strategies involved CHF in particular. A small amount of traders who continued trading with CHF got to keep all the profits. For the unlucky few who ened up with a negative balance, we compensated it within a few days.
Believe it or not, but it is as simple as that - we imposed restrictions to temporarily divert trading from CHF pairs. Turned out it was a good call for both us and our clients. Now business is back as usual and those events had little to no impact on our operations at all.
What was your prophetic feeling based on? No one was expecting the SNB move this quarter or even this year.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 02, 2015, 11:22:24 AM
We had a feeling something might go down with CHF, but we did not know when to expect it, so just in case we have temporarily lowered the leverage for CHF pairs to 1/20. Needless to say, some traders who were used to trading with larger amounts were not happy with that decision and either switched to different pairs or looked for a different broker if their strategies involved CHF in particular. A small amount of traders who continued trading with CHF got to keep all the profits. For the unlucky few who ened up with a negative balance, we compensated it within a few days.
Believe it or not, but it is as simple as that - we imposed restrictions to temporarily divert trading from CHF pairs. Turned out it was a good call for both us and our clients. Now business is back as usual and those events had little to no impact on our operations at all.
What was your prophetic feeling based on? No one was expecting the SNB move this quarter or even this year.

They must have had the inside word from their mates in the swiss central bank. When they got the tip off they closed all hedges and ran a B book on longs. Thats my theory anyway.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: jeuro on February 02, 2015, 11:29:03 AM
?? I think the contrary. Everyone was expecting something since the gold referendum in November.  Quite obvious  they could not
keep depleting the gold reserve to keep buying Euros every time eurchf was close to the floor.

Many brokers cut the leverage in December, Including Dukascopy there in Switzerland. 

Also, probably not hard to take a look at  the order book and see that many clients were over-exposed.

J.


 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on February 02, 2015, 11:34:41 AM
Nicely biased answer rodney..

Tickmill wasn't the only one that increased margins needed for CHF pairs.. FxPig did the same and most likely some other brokers too.. So they must all got a word from their Swiss friends and all run a B-book

So Rodney please if you want to drag companies through the mud do it with a bit more class and subtlety. Cause you sound like somebody that has a personal vendetta. So if Tickmill has done you wrong in some kind please do speak. I would like to know of those too.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: pipsbuster on February 02, 2015, 12:03:02 PM
?? I think the contrary. Everyone was expecting something since the gold referendum in November.  Quite obvious  they could not
keep depleting the gold reserve to keep buying Euros every time eurchf was close to the floor.

Many brokers cut the leverage in December, Including Dukascopy there in Switzerland. 

Also, probably not hard to take a look at  the order book and see that many clients were over-exposed.

J.


 
What prevented FXCM, Alpari UK, LQD Markets, Boston Prime, and many other losers from doing the same?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 02, 2015, 10:48:13 PM
Nicely biased answer rodney..

Tickmill wasn't the only one that increased margins needed for CHF pairs.. FxPig did the same and most likely some other brokers too.. So they must all got a word from their Swiss friends and all run a B-book

So Rodney please if you want to drag companies through the mud do it with a bit more class and subtlety. Cause you sound like somebody that has a personal vendetta. So if Tickmill has done you wrong in some kind please do speak. I would like to know of those too.

No bias here. Almost every broker increased margin. And yes I do have a problem with any broker that is NOT regulated or has some "quasi" registration in a tax heaven. In my opinion there should be a global watchdog representing all the key regulators. The role of this watchdog would be to prosecute and/or blacklist brokers attempting to operate out of juristicions with no established regulatory framework.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 02, 2015, 11:25:43 PM
Tickmill is a fully regulated broker, authorized by the FSA of Seychelles. We are publicly listed on the FSA website under the securities dealers section:
http://www.fsaseychelles.sc/index.php/regulated-entities/securities-investment (http://www.fsaseychelles.sc/index.php/regulated-entities/securities-investment)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 03, 2015, 05:07:06 AM
Tickmill is a fully regulated broker, authorized by the FSA of Seychelles. We are publicly listed on the FSA website under the securities dealers section:
http://www.fsaseychelles.sc/index.php/regulated-entities/securities-investment (http://www.fsaseychelles.sc/index.php/regulated-entities/securities-investment)

Who are you trying to kid?. This is not regulation it is a REGISTRATION.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on February 03, 2015, 07:04:07 AM
Quote
No bias here. Almost every broker increased margin. And yes I do have a problem with any broker that is NOT regulated or has some "quasi" registration in a tax heaven. In my opinion there should be a global watchdog representing all the key regulators. The role of this watchdog would be to prosecute and/or blacklist brokers attempting to operate out of juristicions with no established regulatory framework.

Although I understand your point of view, I think forex is about making money. Tax optimization and costs cutting, as long as it is legal, is a part of the scheme.

Some companies will stay in regulated (over regulated ?) countries to attract more conservative traders. And that's ok. Others like Tickmill for instance will go to offshore countries, looking for lower costs of running business, which in turn may mean lower spreads. They will attract other style of traders. In my opinion it is also acceptable as it is mainly a matter of marketing strategy.  ;)

 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on February 03, 2015, 09:00:45 AM
Just wondering.. Do mods take notice of this blatant damning constantly going out from this queer fish? Clear logic says that barking out various disproofs on every post made there won’t do much for the forum newbies but rather looks like deliberate attack to soil Tickmill’s reputation.
Brief research of his profile shows that he “trades” with Synergy…as expected, though.
I suppose we gather there to contribute but not to destroy. If there is nothing to say to the point, it is better to pass by to not disrupt the well-composed swing of discussion.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: srchcool on February 03, 2015, 09:02:36 AM
http://www.fsaseychelles.sc/index.php/regulated-entities/securities-investment#tab-securities-dealer-and-representative (http://www.fsaseychelles.sc/index.php/regulated-entities/securities-investment#tab-securities-dealer-and-representative) lists the exchange Trop-X. There is no mention of Tickmill neither there nor anywhere on http://www.trop-x.com/ (http://www.trop-x.com/)

***Tickmill, PLEASE explain.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: jeuro on February 03, 2015, 09:18:37 AM
?? I think the contrary. Everyone was expecting something since the gold referendum in November.  Quite obvious  they could not
keep depleting the gold reserve to keep buying Euros every time eurchf was close to the floor.

Many brokers cut the leverage in December, Including Dukascopy there in Switzerland. 

Also, probably not hard to take a look at  the order book and see that many clients were over-exposed.

J.


 
What prevented FXCM, Alpari UK, LQD Markets, Boston Prime, and many other losers from doing the same?

Difficult to say.. perhaps morons in the risk management department?

J. 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 03, 2015, 10:43:45 AM
I bet all brokers faced losses just some had more than others and some are hiding the losses to marke themselves look good, they then come out with statements about their superior risk management. Bollocks! !
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: srchcool on February 03, 2015, 03:11:01 PM
My bad, you have to click on the second tab and Tickmill are listed in the bottom.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: pipsbuster on February 03, 2015, 10:58:28 PM
Tickmill, do the Seychellan regulators require the client funds to be held in segregated accounts?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ColiseumFX on February 03, 2015, 11:14:24 PM
My bad, you have to click on the second tab and Tickmill are listed in the bottom.

hahah  :) don't worry I did the same thing.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Kevin @ FXPIG on February 04, 2015, 01:05:19 AM
We had a feeling something might go down with CHF, but we did not know when to expect it, so just in case we have temporarily lowered the leverage for CHF pairs to 1/20. Needless to say, some traders who were used to trading with larger amounts were not happy with that decision and either switched to different pairs or looked for a different broker if their strategies involved CHF in particular. A small amount of traders who continued trading with CHF got to keep all the profits. For the unlucky few who ened up with a negative balance, we compensated it within a few days.
Believe it or not, but it is as simple as that - we imposed restrictions to temporarily divert trading from CHF pairs. Turned out it was a good call for both us and our clients. Now business is back as usual and those events had little to no impact on our operations at all.
What was your prophetic feeling based on? No one was expecting the SNB move this quarter or even this year.

They must have had the inside word from their mates in the swiss central bank. When they got the tip off they closed all hedges and ran a B book on longs. Thats my theory anyway.

This made me laugh, so much so I had to make a post....

I assume this was done in jest, but either way.

The real reason the majority of brokers lowered leverage or raised margin requirements on their clients is because their LPs did the same to them, and at the end of the spectrum the larger FX banks did the same to the various prime and prime of prime brokers. Why? Simple. Rumors were abound that at the ECB meeting QE would be on the table and the Swiss did not want to finance it by continuing to buy Euros to hold the peg in place.

Brokers that made the switch to higher requirements before this, as we did in October, simply saw that over 90% of all positions were one sided. Regardless of the why this is an extremely risky situation for any A book broker. Thus the effort was made to reduce the possible exposure.

Anyway...back to work.

Kudos to Tickmill for seeing the writing on the wall...

Cheers,
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 04, 2015, 02:54:48 AM
Tickmill, do the Seychellan regulators require the client funds to be held in segregated accounts?

The answer is NO. Client funds are held in a normal bank account and are co-mingled with other monies. The FSA in the Seychelles is not a regulator but instead just body that firms register with for a very small fee.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 04, 2015, 10:12:00 PM
Yes, client funds are segregated as this is a standard requirement.

And yes, we are fully regulated and authorized by the local FSA which is why our firm is listed among just a handful of regulated dealers on the FSA website: http://www.fsaseychelles.sc/index.php/regulated-entities/securities-investment (http://www.fsaseychelles.sc/index.php/regulated-entities/securities-investment)

As a background information the licensing process with the FSA generally takes about 3-6 months. All the requirements and processes are listed here: http://www.fsaseychelles.sc/index.php/legal-framework/securities-investment (http://www.fsaseychelles.sc/index.php/legal-framework/securities-investment)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: dk2 on February 05, 2015, 11:16:54 AM
When do you start offering your services in Poland?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 06, 2015, 08:58:56 AM
We are constantly working on expanding our service coverage and Poland is among our key-markets and top priorities. We will try to launch in Poland as soon as possible, but cannot promise any deadlines for now unfortunately.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 12, 2015, 12:44:16 PM
For those still in doubt whether to try us out or not, we have a limited-time offer called "Exclusive Deal +15%" currently available for new customers only! You can find it on our website under "Campaigns" .

Stay tuned for more updates next week!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on February 13, 2015, 05:36:46 PM
For those still in doubt whether to try us out or not, we have a limited-time offer called "Exclusive Deal +15%" currently available for new customers only! You can find it on our website under "Campaigns" .

Stay tuned for more updates next week!

it'a a good offer indeed, while there's one thing I want to clarify : "Tickmill reserves the right to disqualify any user if there is a suspicion of misuse or abuse"
is there any further explanation of how a trade called misuse or abuse one.
many thank's.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: k713 on February 13, 2015, 08:01:04 PM
Does Tickmill offer or can recommend a reliable VPS service to its clients, with latency not exceeding 2ms?

If anyone outside Tickmill can provide any relevant info too, please do.

Thanks.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: k713 on February 13, 2015, 08:06:29 PM
Is anyone here autotrading XAUUSD with Tickmill?

If so, could you please comment on slippage?

Tickmill's spread on Gold is very attractive, just wondering if there's a catch...

Thanks.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on February 14, 2015, 03:33:59 AM
Does Tickmill offer or can recommend a reliable VPS service to its clients, with latency not exceeding 2ms?

If anyone outside Tickmill can provide any relevant info too, please do.

Thanks.

match with their server located would be a way to decrease latency (london based server). http://helpdesk.commercialnetworkservices.net/index.php?_m=knowledgebase&_a=viewarticle&kbarticleid=174 (http://helpdesk.commercialnetworkservices.net/index.php?_m=knowledgebase&_a=viewarticle&kbarticleid=174)
check the link, it's a list of brokers latency based on their vps server. use "ctrl+f", and search for "Tickmill"
their uk based vps server, match with tickmill server marked as "On net" which means brokers are directly connected to the CNS network.  Latency <1ms. 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on February 14, 2015, 06:39:37 AM
Does Tickmill offer or can recommend a reliable VPS service to its clients, with latency not exceeding 2ms?

If anyone outside Tickmill can provide any relevant info too, please do.

Thanks.

Beeks VPS using their London based service ;)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: k713 on February 15, 2015, 07:36:00 PM
Hashim and Jon, thanks for your suggestions, will check out both.

Any comments on the slippage on XAUUSD, anyone? Is there a tradeoff between Tickmill's low spread and slippage? Thanks.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ichfunktion on February 15, 2015, 09:24:37 PM
For those still in doubt whether to try us out or not, we have a limited-time offer called "Exclusive Deal +15%" currently available for new customers only! You can find it on our website under "Campaigns" .

I decided to give Tickmill a chance and funded a small account. The bonus was credited very fast.

I know that Tickmill has no reputable regulation, but I confirm the arguments from greektrader last year (we will see more regulation in the EU) and therefore I will evaluate additional options.
The key would be that I have a small account only for the test.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 15, 2015, 09:54:55 PM
For those still in doubt whether to try us out or not, we have a limited-time offer called "Exclusive Deal +15%" currently available for new customers only! You can find it on our website under "Campaigns" .

I decided to give Tickmill a chance and funded a small account. The bonus was credited very fast.

I know that Tickmill has no reputable regulation, but I confirm the arguments from greektrader last year (we will see more regulation in the EU) and therefore I will evaluate additional options.
The key would be that I have a small account only for the test.
Imo Tickmill is a good broker. Trading conditions are very good.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 16, 2015, 09:33:57 AM
Scam forex broker = deposit + bonus

You know CYSEC has even gone as far as banning bonuses completely. Only bucketshop brokers get away with offering bonuses these days.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tyler on February 16, 2015, 09:36:27 AM
so Dukascopy is a scam as well?
https://www.dukascopy.com (https://www.dukascopy.com/swiss/english/forex/ecn-account-programs/anniversary-program/)....100% bonus
Scam forex broker = deposit + bonus

You know CYSEC has even gone as far as banning bonuses completely. Only bucketshop brokers get away with offering bonuses these days.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 16, 2015, 09:50:43 AM
so Dukascopy is a scam as well?
https://www.dukascopy.com (https://www.dukascopy.com/swiss/english/forex/ecn-account-programs/anniversary-program/)....100% bonus
Scam forex broker = deposit + bonus

You know CYSEC has even gone as far as banning bonuses completely. Only bucketshop brokers get away with offering bonuses these days.

Dukascopy actually offer a commission rebate marketed as a bonus. And yes i do think this is poorly marketed however it is not a SCAM bonus but rather a commission discount.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ichfunktion on February 16, 2015, 10:08:25 AM
Scam forex broker = deposit + bonus

You know CYSEC has even gone as far as banning bonuses completely. Only bucketshop brokers get away with offering bonuses these days.

In my opinion this is a "black or white" answer. If you think always in this way - ok, for myself I think there are also colors between white and black...

If you are looking into the 15%bonus offer (the other 2 bonus offers are often seen and I think no one would define based on these tick mill as scam) you will see that this is from a business point of view an advertisement investment and it will be not really cost a lot for Tickmill:
"Trade at least 1 lot for each €$£ 5 to withdraw the bonus."
I have to pay approx 4Euro/RT --> Tickmill will invest the first commissions of each customer + add 20% (capped as the bonus is capped also)
We all knew that not all traders will make money (often you can read that more than 90% of all traders will never be earn money), without playing bad tricks as broker.
From my side this bonus offer is more an advertising investment which will be have very low cost. The point in time to come with this is also clear: a lot of clients are looking for a new broker these days.


Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on February 16, 2015, 10:10:05 AM
For those still in doubt whether to try us out or not, we have a limited-time offer called "Exclusive Deal +15%" currently available for new customers only! You can find it on our website under "Campaigns" .

I decided to give Tickmill a chance and funded a small account. The bonus was credited very fast.

I know that Tickmill has no reputable regulation, but I confirm the arguments from greektrader last year (we will see more regulation in the EU) and therefore I will evaluate additional options.
The key would be that I have a small account only for the test.

Hope you picked commission based account as my trading shows it is cheaper than classic one (no idea, who use second one). Maybe because I’m swinging dedicated guy with high volume positions…
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tyler on February 16, 2015, 11:46:05 AM
this a bonus on equity and stop, nothing less-nothing more.
https://www.dukascopy.com/swiss/english/forex/ecn-account-programs/anniversary-program/ (https://www.dukascopy.com/swiss/english/forex/ecn-account-programs/anniversary-program/)
so Dukascopy is a scam as well?
https://www.dukascopy.com (https://www.dukascopy.com/swiss/english/forex/ecn-account-programs/anniversary-program/)....100% bonus
Scam forex broker = deposit + bonus

You know CYSEC has even gone as far as banning bonuses completely. Only bucketshop brokers get away with offering bonuses these days.

Dukascopy actually offer a commission rebate marketed as a bonus. And yes i do think this is poorly marketed however it is not a SCAM bonus but rather a commission discount.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on February 16, 2015, 03:52:43 PM
Naaah, bonus is just a part of common marketing practice among brokers as a sale in outlets. besides this are very limited offering ( a month), compare to many brokers bonus offering which available for whole years even more. as more important thing, we all do respect "real" bonus promotion. for example there's many deposit bonuses which only supported margin while opening new entry, but not accounted to margin call/stop-out level calculation.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: nick3232 on February 16, 2015, 04:43:28 PM
For those still in doubt whether to try us out or not, we have a limited-time offer called "Exclusive Deal +15%" currently available for new customers only! You can find it on our website under "Campaigns" .


it's been my live acc broker since 3 years now,never had a complaint
I decided to give Tickmill a chance and funded a small account. The bonus was credited very fast.

I know that Tickmill has no reputable regulation, but I confirm the arguments from greektrader last year (we will see more regulation in the EU) and therefore I will evaluate additional options.
The key would be that I have a small account only for the test.
Imo Tickmill is a good broker. Trading conditions are very good.
it's been my live acc broker since 3 years now,never had a complaint
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 17, 2015, 07:45:39 AM
Because of our trading conditions we do not really have a lot of profit margin to offer big bonuses on a regular basis. Given the situation that many traders are in fact looking for a new broker right now, we have decided to go ahead and encourage them to give us a try with this time-limited bonus offer. Our account managers may offer a bonus every now and then on an individual basis, but those don't even come close to the 15% bonus on offer right now.

And in the other news, you can now try out 7 stock indices and crude oil on our demo accounts! I will keep you updated when these new trading instruments become available on live accounts as well!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: LFXMazo on February 17, 2015, 11:28:00 AM
What was the issue with past reputation as Armada? Were these affected by the SNB decision?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: k713 on February 17, 2015, 03:54:14 PM
Any comments on the slippage on XAUUSD, anyone? Is there a tradeoff between Tickmill's low spread and slippage? Thanks.

No answers to my question yet. I would appreciate a comment from Tickmill directly, please. Thanks.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 17, 2015, 04:09:32 PM
Any comments on the slippage on XAUUSD, anyone? Is there a tradeoff between Tickmill's low spread and slippage? Thanks.

No answers to my question yet. I would appreciate a comment from Tickmill directly, please. Thanks.
I have never traded Gild on Tickmill, but this broker is widely used for scalper so slippage should be not an issue. On Gold swaps are High so strategies require g to hold for long time positions will not be ok. We can consider Tickmill an offshore broker but in my opinion os for sure the best offshore broker. U will not find such trading conditions in many other brokers. And in my opinion they are a real ecn broker. My imoression on them is very good.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: k713 on February 17, 2015, 09:30:12 PM
Any comments on the slippage on XAUUSD, anyone? Is there a tradeoff between Tickmill's low spread and slippage? Thanks.

No answers to my question yet. I would appreciate a comment from Tickmill directly, please. Thanks.
I have never traded Gild on Tickmill, but this broker is widely used for scalper so slippage should be not an issue. On Gold swaps are High so strategies require g to hold for long time positions will not be ok. We can consider Tickmill an offshore broker but in my opinion os for sure the best offshore broker. U will not find such trading conditions in many other brokers. And in my opinion they are a real ecn broker. My imoression on them is very good.

Thanks for chipping in, corre971.

I would still like to hear from Tickmill directly, though.

Is there a tradeoff between Tickmill's low spread and slippage on XAUUSD?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 18, 2015, 08:09:54 AM
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 18, 2015, 09:33:51 AM
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
If you are looking for a Broker with tight spreads, good execution, flexible with deposits / withdrawals and you don't requires necessarily an FCA UK or ASIC regulation, you will not find another broker better than Tickmill. See the scalper i am running on them and consider that it is a signal and slippage is very low
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 18, 2015, 11:37:18 AM
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
If you are looking for a Broker with tight spreads, good execution, flexible with deposits / withdrawals and you don't requires necessarily an FCA UK or ASIC regulation, you will not find another broker better than Tickmill. See the scalper i am running on them and consider that it is a signal and slippage is very low

Please go away and spruik you favourite broker elsewhere. Your really making me sick.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 18, 2015, 12:21:25 PM
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
If you are looking for a Broker with tight spreads, good execution, flexible with deposits / withdrawals and you don't requires necessarily an FCA UK or ASIC regulation, you will not find another broker better than Tickmill. See the scalper i am running on them and consider that it is a signal and slippage is very low

Please go away and spruik you favourite broker elsewhere. Your really making me sick.
Be sure i will not go elsewere; if u want u can go. Anyway i like also ur favourite broker: Ic markets. And Tickmill is not my favourite broker, but i like it . I also suggest you to use your ineducate attitude with someone else: if you really want to say to some other user to go away create ur own forum.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 18, 2015, 12:32:36 PM
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
If you are looking for a Broker with tight spreads, good execution, flexible with deposits / withdrawals and you don't requires necessarily an FCA UK or ASIC regulation, you will not find another broker better than Tickmill. See the scalper i am running on them and consider that it is a signal and slippage is very low

Please go away and spruik you favourite broker elsewhere. Your really making me sick.
Have you red my comments? i have called them offshore broker, because is like this i consider Seychelles, Mauritius, Malta, St Vincent Grenadines or other exotic places regulations. But their trading conditions are really good. Have you tried them? did you had some issue with them? why u always attack them? maybe because they are taking customers away from ur favourite broker? And honestly i really don't care where other users open their accounts and i have accounts on many many brokers and other will be opened, so for sure i have no interest in common with Tickmill. But i would not be so sure about ur relationship with IC markets, that anyway i consider a very good broker
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ingonicole on February 18, 2015, 12:36:32 PM
Iam quite new at Tickmill, but till now i very satisfied. Very good spreads, low commissions and fast execution.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tyler on February 18, 2015, 12:54:13 PM
I think you MUST go away, the users are free to write their comment about the thread, and in fact we are sick and tired about your spamming non sense about other brockers but IC.
Please do us a favor ban yourself.
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
If you are looking for a Broker with tight spreads, good execution, flexible with deposits / withdrawals and you don't requires necessarily an FCA UK or ASIC regulation, you will not find another broker better than Tickmill. See the scalper i am running on them and consider that it is a signal and slippage is very low

Please go away and spruik you favourite broker elsewhere. Your really making me sick.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 18, 2015, 12:56:17 PM
I think you MUST go away, the users are free to write their comment about the thread, and in fact we are sick and tired about your spamming non sense about other brockers but IC.
Please do us a favor ban yourself.
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
If you are looking for a Broker with tight spreads, good execution, flexible with deposits / withdrawals and you don't requires necessarily an FCA UK or ASIC regulation, you will not find another broker better than Tickmill. See the scalper i am running on them and consider that it is a signal and slippage is very low

Please go away and spruik you favourite broker elsewhere. Your really making me sick.
Many tnx Tyler  :D
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: k713 on February 18, 2015, 05:51:12 PM
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.

Thanks, Tickmill. I've actually put my money where your mouth is today, and got $0.08 positive slippage on a pending short. Pleasantly encouraging.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 18, 2015, 06:11:15 PM
I think you MUST go away, the users are free to write their comment about the thread, and in fact we are sick and tired about your spamming non sense about other brockers but IC.
Please do us a favor ban yourself.
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
If you are looking for a Broker with tight spreads, good execution, flexible with deposits / withdrawals and you don't requires necessarily an FCA UK or ASIC regulation, you will not find another broker better than Tickmill. See the scalper i am running on them and consider that it is a signal and slippage is very low

Please go away and spruik you favourite broker elsewhere. Your really making me sick.

In case you havent noticed my main broker is AXI trader. There are two brokers that should be shut down and probably most likely will be soon, im not going to menion who they are but im sure you can work this out from my posts. Good luck if you have an account with them !!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 18, 2015, 08:44:22 PM
I think you MUST go away, the users are free to write their comment about the thread, and in fact we are sick and tired about your spamming non sense about other brockers but IC.
Please do us a favor ban yourself.
There is no trade off between low spreads and slippage. We provide direct market access for all trading instruments. We are not interested in generating any delays or slippage as our biggest selling points are low spreads and excellent execution times and we are not willing to compromise that.
If you are looking for a Broker with tight spreads, good execution, flexible with deposits / withdrawals and you don't requires necessarily an FCA UK or ASIC regulation, you will not find another broker better than Tickmill. See the scalper i am running on them and consider that it is a signal and slippage is very low

Please go away and spruik you favourite broker elsewhere. Your really making me sick.

In case you havent noticed my main broker is AXI trader. There are two brokers that should be shut down and probably most likely will be soon, im not going to menion who they are but im sure you can work this out from my posts. Good luck if you have an account with them !!
I have not noticed because i really don't care about u. As usual the market will shut down weak Companies, in every business field, it is not something u can decide. I don't need any luck, because i spread my capital in many different asset capital, and the part i allocate for trading is spread on many brokers
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 19, 2015, 12:06:03 PM
We are currently beta-testing our new Introducing Broker partnership program. Anybody interested or willing to participate can PM me for details.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: felipebr on February 19, 2015, 12:46:55 PM
Hi I would like to ask again because my question was not answered.
There is any public document about FSA audits in Tickmill ? What kind of audit FSA do ?

Thank you
Regards
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 19, 2015, 03:30:26 PM
The audit is done in accordance with international accounting and auditing standards by an auditor approved by the Seychelles FSA. We as a company are obliged to provide annual reports of our financial statements to the Authorities. Neither the audit results nor the annual report containing them are publicly available.
You can read about the requirements in more detail on the Seychelles FSA website under "Securities":

http://www.fsaseychelles.sc/index.php/legal-framework/securities-investment#legislation-securities (http://www.fsaseychelles.sc/index.php/legal-framework/securities-investment#legislation-securities)

The documents there contain all the information you ever need to know about our rights and obligations in regards to this particular regulation.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 21, 2015, 12:39:35 AM
Hello Tickmill

Can you proove that you have at least $1mill in net tangible assets  (the min required by most regulators) and you do not use client money held in trust accounts for hedging.

Given your regulator is not reputable you should at least meet these minimum requirements to protect client assets and ensure your solvency.

Cheers
Rodney
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on February 21, 2015, 03:17:29 PM


"Given your regulator is not reputable you should at least meet these minimum requirements to protect client assets and ensure your solvency."

 :( Oh my goodness...

Rodney has decided he will pacify the forex world by delivering his own regulation certificate !

Brokers, beware: if you're not Rodney regulated, that means you are insolvent !

That's funny...





Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Gpoint on February 21, 2015, 03:43:12 PM
Hello Tickmill

Can you proove that you have at least $1mill in net tangible assets  (the min required by most regulators) and you do not use client money held in trust accounts for hedging.

Given your regulator is not reputable you should at least meet these minimum requirements to protect client assets and ensure your solvency.

Cheers
Rodney

What a moron...
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 21, 2015, 09:34:37 PM
Hello Tickmill

Can you proove that you have at least $1mill in net tangible assets  (the min required by most regulators) and you do not use client money held in trust accounts for hedging.

Given your regulator is not reputable you should at least meet these minimum requirements to protect client assets and ensure your solvency.

Cheers
Rodney

What a moron...

These are the normal requirements for any FCA regulated brokers. Clearly you dont care to much if your broker goes insolvent. You know what i find even funnier its the irony of the whole thing, you people scream for "A book" brokers then cry when you have a negative balance and your broker asks you too pay. Now you don't give a shit about proper regulation and capitalisation but I bet you will cry if this broker collapses. Grow up people, all brokers in properly regulated jurisdiction have standards to meet, one would only expect that brokers in "shady" jurisdictions to meet some sort of standard also.

You people are going to be the ones crying not me, but cleary you dont care about the money you have with this broker. Its probaly because you only have your lunch money with them anyway or your just a troll.

Good luck !!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: 999cjb on February 21, 2015, 10:04:48 PM
Hello Tickmill

Can you proove that you have at least $1mill in net tangible assets  (the min required by most regulators) and you do not use client money held in trust accounts for hedging.

Given your regulator is not reputable you should at least meet these minimum requirements to protect client assets and ensure your solvency.

Cheers
Rodney

What a moron...

These are the normal requirements for any FCA regulated brokers. Clearly you dont care to much if your broker goes insolvent. You know what i find even funnier its the irony of the whole thing, you people scream for "A book" brokers then cry when you have a negative balance and your broker asks you too pay. Now you don't give a shit about proper regulation and capitalisation but I bet you will cry if this broker collapses. Grow up people, all brokers in properly regulated jurisdiction have standards to meet, one would only expect that brokers in "shady" jurisdictions to meet some sort of standard also.

You people are going to be the ones crying not me, but cleary you dont care about the money you have with this broker. Its probaly because you only have your lunch money with them anyway or your just a troll.

Good luck !!

I cared quite a bit when one of my brokers (Alpari UK) went bust. I am sure they complied with all the necessary regulations but this made no difference. See my comments in the Alpari UK thread.

Fortunately all was not lost because I use a large number of brokers. I do not care about the regulation but I do care whether the broker is running his business profitably so he can stay in business, If a broker has a bad business model all the regulation in the world will not save him.

I do not care whether Tickmill is well or poorly regulated. Only that when the time comes for me to withdraw funds that this is done speedily and the money actually arrives in my account. As we have seen with the well regulated Alpari UK, my withdrawals may take many months and I'll consider myself very lucky indeed if I see it all.

Anyone not happy with this broker for any reason has a very simple option. Move to one of the dozens of alternative brokers  :D
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on February 21, 2015, 10:07:28 PM
rodneyp may have a special approach for doing broker due dilligence, but at the end why not? I can't see anybody here digging that deep and doing research free of charge. I traded before at Armada, but after SNB this is is a no-go broker re regulation and TOS, while trading conditions are very good. So any info re fund safety + regulation is very welcome for me.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on February 22, 2015, 04:10:04 AM
rodneyp may have a special approach for doing broker due dilligence, but at the end why not? I can't see anybody here digging that deep and doing research free of charge. I traded before at Armada, but after SNB this is is a no-go broker re regulation and TOS, while trading conditions are very good. So any info re fund safety + regulation is very welcome for me.

It’s ok for me to check on a broker and to care about investment safety. When my money is involved I like to know who I am trusting my funds with, too.

I am also well aware than an offshore broker will be less regulated than a FCA one.

But as you are refering to the SNB crisis, did FCA regulated brokers fared generally better than non FCA regulated ones? I do not think so.

Tickmill may be « only » FSA regulated, but when the SNB crisis stroke, all of its clients were protected against negative balance account. Those clients happened to be actually better protected than some big FCA regulated broker’s ones. And this is a fact.

So seeing someone jumping around shouting „This broker is only FSA regulated, he is a scam, he’s gonna be insolvent” again and again, without bringing even the beginning of a proof to make his case, does not look like to me as „doing broker due diligence” but rather like „having a personal vendetta with this broker”. This is why it is hard for me to treat it seriously.

But that’s just my own feeling.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 22, 2015, 10:32:13 AM
rodneyp may have a special approach for doing broker due dilligence, but at the end why not? I can't see anybody here digging that deep and doing research free of charge. I traded before at Armada, but after SNB this is is a no-go broker re regulation and TOS, while trading conditions are very good. So any info re fund safety + regulation is very welcome for me.

It’s ok for me to check on a broker and to care about investment safety. When my money is involved I like to know who I am trusting my funds with, too.

I am also well aware than an offshore broker will be less regulated than a FCA one.

But as you are refering to the SNB crisis, did FCA regulated brokers fared generally better than non FCA regulated ones? I do not think so.

Tickmill may be « only » FSA regulated, but when the SNB crisis stroke, all of its clients were protected against negative balance account. Those clients happened to be actually better protected than some big FCA regulated broker’s ones. And this is a fact.

So seeing someone jumping around shouting „This broker is only FSA regulated, he is a scam, he’s gonna be insolvent” again and again, without bringing even the beginning of a proof to make his case, does not look like to me as „doing broker due diligence” but rather like „having a personal vendetta with this broker”. This is why it is hard for me to treat it seriously.

But that’s just my own feeling.

You do realise that any broker offering negative balance protection is operating a "B book". You can confirm this with synergyfx if you like. So now we have more irony, tickmill claim to be "A book" but have negative balance protection.... hmmm.... Some people have a few screws missing!

And regarding protection, clients of FCA regulated brokers will get their money back, Alpari is a great example. Clients of the BVI entity of Boston Prime one the other hand are screwed, clients of their FCA regulated entity are fine.

Do your homework before posting garbage.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on February 22, 2015, 12:23:18 PM
They may have claimed "negative balance protection" on their website in early January at Tickmills launch, while this was never covered by their TOS. At the moment they don't and their TOS are still very clear. They claim they covered negative client balances in case of SNB, but this doesn't mean you have any insurance for the future.

Guys, if you trade there, it seems you trade with a ticking bomb. At least you should know about it, so READ THE TOS. There is nothing to discuss.

Quote
7.) MARGINS, SECURITY, PAYMENTS AND DELIVERY
7.1) The Client shall pay to Tickmill Ltd on demand:
iv) any amount to maintain a positive cash balance on any and all Account(s).



13) NETTING AGREEMENT
13.2) If the aggregate amount that is payable by one party exceeds the aggregate amount
that is payable by the other party, then the party by whom the larger aggregate
amount is payable shall pay the excess to the other party and the obligations to make
payment of each party will be satisfied and discharged.


26) MISCELLANEOUS
Tickmill Ltd shall not be liable to the Client for any failure, hindrance or delay in
performing its obligations under this Agreement where such failure, hindrance or
delay arises directly or indirectly from circumstances beyond its reasonable control.
Such force majeure events shall include without limitation any technical difficulties
such as telecommunications failures or disruptions, non-availability of Tickmill
Ltd's website e.g. due to maintenance downtime, declared or imminent war, revolt,
civil unrest, catastrophes of nature, statutory provisions, measures taken by
authorities, strikes, lock-outs, boycotts, or blockades, notwithstanding that Tickmill
Ltd is a party to the conflict and including cases where only part of Tickmill Ltd's
functions are affected by such events.
http://www.tickmill.com/wp-content/uploads/Tickmill-Client-Services-Agreement-and-Risk-Disclosure-Statement.pdf (http://www.tickmill.com/wp-content/uploads/Tickmill-Client-Services-Agreement-and-Risk-Disclosure-Statement.pdf)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: 999cjb on February 22, 2015, 12:31:57 PM
rodneyp may have a special approach for doing broker due dilligence, but at the end why not? I can't see anybody here digging that deep and doing research free of charge. I traded before at Armada, but after SNB this is is a no-go broker re regulation and TOS, while trading conditions are very good. So any info re fund safety + regulation is very welcome for me.

It’s ok for me to check on a broker and to care about investment safety. When my money is involved I like to know who I am trusting my funds with, too.

I am also well aware than an offshore broker will be less regulated than a FCA one.

But as you are refering to the SNB crisis, did FCA regulated brokers fared generally better than non FCA regulated ones? I do not think so.

Tickmill may be « only » FSA regulated, but when the SNB crisis stroke, all of its clients were protected against negative balance account. Those clients happened to be actually better protected than some big FCA regulated broker’s ones. And this is a fact.

So seeing someone jumping around shouting „This broker is only FSA regulated, he is a scam, he’s gonna be insolvent” again and again, without bringing even the beginning of a proof to make his case, does not look like to me as „doing broker due diligence” but rather like „having a personal vendetta with this broker”. This is why it is hard for me to treat it seriously.

But that’s just my own feeling.

You do realise that any broker offering negative balance protection is operating a "B book". You can confirm this with synergyfx if you like. So now we have more irony, tickmill claim to be "A book" but have negative balance protection.... hmmm.... Some people have a few screws missing!

And regarding protection, clients of FCA regulated brokers will get their money back, Alpari is a great example. Clients of the BVI entity of Boston Prime one the other hand are screwed, clients of their FCA regulated entity are fine.

Do your homework before posting garbage.

I admire your confidence that I will get my money back from Alpari UK.

But I'll bet this does not extend to a personal guarantee  ;D

If I end up getting 100% of my money back by the end of this year I'll be amazed  8)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on February 22, 2015, 12:45:03 PM
And regarding protection, clients of FCA regulated brokers will get their money back, Alpari is a great example.
the money won't come from Alpari UK. KPMG has been very clear about what one can expect from the segregated client account including client accounts with negative balances, where traders can't meet their obligations to pay back. All has been netted together and even traders not affected can only expect to get a portion of their funds back.

I guess the remaining money traders won't get from Alpari UK, then only can be provided under the FCA fund security agreements, right?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: TradeNow on February 22, 2015, 01:13:14 PM
I guess the remaining money traders won't get from Alpari UK, then only can be provided under the FCA fund security agreements, right?

right. the rest if there is any negative outcome will covered by fca. We should all get 100% of our money back. If not is this a great example that FCA is also worth nothing. We will see but for now all is handled in a very serious way with a lot of information from kmpg. nothing to complain right now.  :D

br
Mark
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on February 22, 2015, 01:41:44 PM
This is the Tickmill thread right?  ???
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 22, 2015, 09:35:18 PM
I bet the FSA in the Seychelles does not have an investor protection fund. This is why any broker operating in this jurisdiction should be well capitalised with at least $1mill or make their financials public so investors can make up their own mind as to weather the company is financially sound.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: jeuro on February 22, 2015, 10:02:16 PM
The FCA in Uk is only a regulatory agency... Does not pay anything to anyone.
In the case of Alpari, the FCA appointed   KPMG (one of the big five accounting firms in the world) to handle the accounting and liquidation.

If after liquidation, KPMG finds that the funds are not sufficient to pay the clients with positives balances,  we (me included) have to make a claim to the FSCS which is the Investor Compensation scheme in the UK (http://www.fscs.org.uk/ (http://www.fscs.org.uk/))

J.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 23, 2015, 12:15:51 AM
The FCA in Uk is only a regulatory agency... Does not pay anything to anyone.
In the case of Alpari, the FCA appointed   KPMG (one of the big five accounting firms in the world) to handle the accounting and liquidation.

If after liquidation, KPMG finds that the funds are not sufficient to pay the clients with positives balances,  we (me included) have to make a claim to the FSCS which is the Investor Compensation scheme in the UK (http://www.fscs.org.uk/ (http://www.fscs.org.uk/))

J.

Your right the FSCS is an independent compensation scheme.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: 999cjb on February 23, 2015, 09:46:43 AM
The FCA in Uk is only a regulatory agency... Does not pay anything to anyone.
In the case of Alpari, the FCA appointed   KPMG (one of the big five accounting firms in the world) to handle the accounting and liquidation.

If after liquidation, KPMG finds that the funds are not sufficient to pay the clients with positives balances,  we (me included) have to make a claim to the FSCS which is the Investor Compensation scheme in the UK (http://www.fscs.org.uk/ (http://www.fscs.org.uk/))

J.

Your right the FSCS is an independent compensation scheme.

Forgive me for not caring about the names, designations, independence or other factors regarding these institutions. I only care about being paid what I am owed ASAP.

If I am not paid in full very soon, as far as I am concerned all the waffle about segregation, protection and whatever other terms are used to inspire confidence when investing in certain brokers purporting to be better than the rest will be proved to have been downright lies.

As always when these events occur, the only winners will be the liquidators, KPMG  ::) ::) ::)

So my advice when asked about broker choices is to say they are all the same. If they go bust your money is gone for ever. Regulation is rubbish whether is is done by USA, UK, Seychelles or wherever. Once your money is invested, prepare to never see it again until after you have made a successful withdrawal and you once again have cleared funds.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: odysseus11 on February 23, 2015, 11:56:05 AM
agreed, this will be a good test of the FCFS
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 23, 2015, 01:01:30 PM
The FCA in Uk is only a regulatory agency... Does not pay anything to anyone.
In the case of Alpari, the FCA appointed   KPMG (one of the big five accounting firms in the world) to handle the accounting and liquidation.

If after liquidation, KPMG finds that the funds are not sufficient to pay the clients with positives balances,  we (me included) have to make a claim to the FSCS which is the Investor Compensation scheme in the UK (http://www.fscs.org.uk/ (http://www.fscs.org.uk/))

J.

Your right the FSCS is an independent compensation scheme.

Forgive me for not caring about the names, designations, independence or other factors regarding these institutions. I only care about being paid what I am owed ASAP.

If I am not paid in full very soon, as far as I am concerned all the waffle about segregation, protection and whatever other terms are used to inspire confidence when investing in certain brokers purporting to be better than the rest will be proved to have been downright lies.

As always when these events occur, the only winners will be the liquidators, KPMG  ::) ::) ::)

So my advice when asked about broker choices is to say they are all the same. If they go bust your money is gone for ever. Regulation is rubbish whether is is done by USA, UK, Seychelles or wherever. Once your money is invested, prepare to never see it again until after you have made a successful withdrawal and you once again have cleared funds.

All brokers should move to the Seychelles then. They will save on tax, still get clients because clearly they dont care about regulation and they can run ponzi schemes without anyone checking up on them. As long as their deposits are greater than withdrawals the ponzi scheme will keep going and their clients will be none the wizer as they will be able to withdraw their funds. Shit will only hit the fan when withdrawals start becoming greater than deposits and someone has to cough up the shortfall.

Eat your heart out Bernie Madoff, welcome to forex the Seychelles way !!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: eagle75 on February 23, 2015, 06:26:54 PM
reputation is number 1 to me ! regulations is 2 !!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 23, 2015, 11:51:27 PM
reputation is number 1 to me ! regulations is 2 !!

So you care about the fake and paid reviews on review sites and believe forum trolls but don't care about your hard earned cash. Interesting approach to selecting a broker. I bet all the brokers adopting this strategy love clients like you, just don't cry in the forums when your "lightly" regulated broker goes tits up. But who cares about $200 anyway.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: eagle75 on February 24, 2015, 02:23:17 AM
reputation is number 1 to me ! regulations is 2 !!

But who cares about $200 anyway.

Lol ! ;D
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on February 24, 2015, 04:17:25 AM
reputation is number 1 to me ! regulations is 2 !!

So you care about the fake and paid reviews on review sites and believe forum trolls but don't care about your hard earned cash. Interesting approach to selecting a broker. I bet all the brokers adopting this strategy love clients like you, just don't cry in the forums when your "lightly" regulated broker goes tits up. But who cares about $200 anyway.

Well, I somehow agree with you on that one. That means I agree forex is definitely not a fairy tale country, and lots of people out there are after our money. Some other traders, market makers, some brokers, and just ordinary scams. They all want to take it.

This is why you should choose broker very carefully. Whether you consider reputation first or second/regulation first or second is up to you, but the bottom lime is that you do have to choose carefully after getting as much info as possible.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tyler on February 24, 2015, 07:42:26 AM
can we know why you are at war with Tickmill? your behavior is not normal, you seem really angry and full of hate against them and actually we are a little tired of you and your harsh posts.
Cheers.
reputation is number 1 to me ! regulations is 2 !!

So you care about the fake and paid reviews on review sites and believe forum trolls but don't care about your hard earned cash. Interesting approach to selecting a broker. I bet all the brokers adopting this strategy love clients like you, just don't cry in the forums when your "lightly" regulated broker goes tits up. But who cares about $200 anyway.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 24, 2015, 08:10:31 AM
We are not here to save the world; unfortunately traders were and will always be scammed by someone; forums are important to share infos so everyone is able to collect impressions, reviews and all the needed infos, but at the end everyone of us have to take his decisions; i also prefer regulated brokers (but honestly prefer FCA regulated to ASIC regulated), and infact most of my trading funds are under Activtrades, but i think the most important rule is the diversification. I also like the flexibility some offshore broekrs give in terms of deposit / withdrawals.
Said this and adding that i also like sometimes to read the infos Rodney give us, i really do not understand why he is fighting this war, specially versus Tickmill, and also i think is very frustrating the tone he uses and sometimes is also offending: i don't think is fair to refer people as "trolls" or to invite other users to go away (i am here from more time than you and honestly think to be contributing more than you to this community, maybe also making some mistakes, but always with good intentions, so am here to stay)
Donnaforex for me is like a second home and is the best forum i have ever used and here found many friends: we really are a group of traders helping each other; so i would ask to respect other people choices and to not use offending terms: everyone is free at the end to take his own decisions and what is wrong for me maybe is right for someone else
Hope to not have offended noone
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: 999cjb on February 24, 2015, 12:14:13 PM
Having been in the unfortunate situation of being rubbished here myself, I can sympathise with other members, brokers, vendors etc. who are in the same situation. But surely that is why the forum has moderators. Any member can ask for help from the DF team if they feel they are being unfairly criticised. I used this route myself and feel the outcome was fair. I would also like to think that the other DF member involved in that issue feels the same.

But the last thing I want to see here is only "politically correct" posts  ::)

By all means if anyone has an axe to grind, grind away. Perhaps rinse and repeat once if necessary. I keep my axe sharp for this exact purpose  :D

But please don't go on and on and on. This will (I hope) eventually get you moderated and possibly banned. Nobody wants this.

With members here from around the world with vastly different opinions, living and trading conditions and experiences, it is no surprise that "one man's meat is another man's poison". So all points of view are welcomed, especially if accompanied by an explanation for holding that view.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 24, 2015, 12:19:49 PM
Having been in the unfortunate situation of being rubbished here myself, I can sympathise with other members, brokers, vendors etc. who are in the same situation. But surely that is why the forum has moderators. Any member can ask for help from the DF team if they feel they are being unfairly criticised. I used this route myself and feel the outcome was fair. I would also like to think that the other DF member involved in that issue feels the same.

But the last thing I want to see here is only "politically correct" posts  ::)

By all means if anyone has an axe to grind, grind away. Perhaps rinse and repeat once if necessary. I keep my axe sharp for this exact purpose  :D

But please don't go on and on and on. This will (I hope) eventually get you moderated and possibly banned. Nobody wants this.

With members here from around the world with vastly different opinions, living and trading conditions and experiences, it is no surprise that "one man's meat is another man's poison". So all points of view are welcomed, especially if accompanied by an explanation for holding that view.
we can and we have to post ur point of view but also to accept that everyone see the things in different way: in 1 word: tolerance
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: odysseus11 on February 24, 2015, 12:50:36 PM
the rules of the forum - from Donna herself - are, and I quote "to play NICE".

That doesnt mean we cant be critical, we can. But there is to be no name-calling, no outright saying people or businesses (even brokers) are scams without hard evidence, and no going on and on even if the target may deserve their spotlight - things can always get moved to the airing room for extended arguments.  So just lets try to be fair.

I think the points have been made regarding TickMill, their "regulation" is about on a level with the "regulation" of any jurisdiction outside of NFA/FCA/ASIC (ok, some would include CySec, I wouldnt). All just a matter of option and preference and what is important to them in a broker.

Just please be professional and respectful. TickMill *is* an established business.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 24, 2015, 09:12:10 PM
I have the right to share my opinion about any brokers regulatory status. If any one actually spent time doing their homework and looking at the facts rather than believing each other who are none the wiser you would discover the following.

1. There is no minimum NTA requirement for a Seychelles regulated entity.

2.There are no Client Money rules. So the broker can do whatever they like with you money once it hits their bank account. Even if they state that the funds are used for hedging they can pass your money onto the likes of "Boston Prime" or another broker. If that broker collapses you have lost your money if the broker themselves does not have a balance sheet big enough to fill the hole.

It is for these reasons that it makes sense for any "lightly" regulated entity to maintain minimum  capital adequacy  (NTA) and make their financials available as well as maintain a clear policy as to how they use client money. Saying you are audited by KPMG is meningless and does not adress the core issues.

Unfortunately Tickmill has not been clear on any of these points. As per my previous posts I request the Tickmill explain clearly how they use client money, including how or if they use client money for hedging as well as make their financials or NTA available on line like many other brokers do or at a minimum guide us to the website where we can purchase their financials form the regulator (similar to the process adopted by ASIC).

I look forward to your detailed response "Tickmill", which will ideally include the citation of any regulatory policy documents from the FCA in the Seychelles.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ak386 on February 25, 2015, 04:43:19 AM
Winner of the contest in January TICKMILL

I did PROFIT 98% and 15% DRAWDOWN  this value is a quality and beautiful for any trader in Real account.



Hi Andres,(In response to your letter I answer)

Thanks for your reply, however, it is not good enough; it is incomplete.   

 Since the chosen  winner  has very   different results  than my own,  I am compelled to make a formal  complaint based on the technical reasons described below.   I hope to receive a valid explanation as to how and  why the winner was awarded the price, otherwise, I will appeal to the Forex Peace Army to determine the winner for the period January 1st thru January 31st, 2015.

The  guidelines shown by Tickmill for  determining a winner are not clear when other contestant is disputing the first place.  I plead  my case:

PHILLIP   (Declared winner)

Net Return:            53.36%
Total Trades.         356
Profitable trades:  72.19%


AK386  (Disputing contestant) 
 
Net Return:             98.4%
Total Trades:          320
Profitable Trades:  68.13%


I hereby request an explanation of determining  factors in choosing a winner:

Profit Factor:                   AK386 : 1.96%   ----------- Phillip:  ??
Maximun Drawdown:    AK386: 15.20%  ----------  Phillip:  ??

Distance Rule:  The Distance between my  15.20% Drawdown  and my 98.4% Profitability is a HUGE 83.20%.   This is a distance that Phillip cannot beat and that YOU CANNOT IGNORE!

Using the same Distance Rule and supposing Phillip has the same  15.20% Drawdown that I have, Phillip´s  Distance between his 15.20%  Drawdown and his 53.36%  Profitability is a LOW 38% !   This one risk factor cannot make him a winner.

Your rules about “Stop Loss” were not disclosed openly and they were not written in any public document concerning the contest, therefore, these rules should not apply.

 and I hope that you have strong and valid arguments to contradict my own.   I have previously, and more than once, won contests and I expect that if Tickmill cannot outweight  my arguments, that I be declared the winner for the period January 1st  thru January 31st, 2015.

Comparative Rule:  Since Forex is pure math, the numbers  show that I, with a 68.13% Profitable Trades achieved a 98.4% Net Return, meanwhile,  Phillip with a 72.19%  Profitable Trades would have gotten a 102% Net Return, but  he only got 53.36%.

Furthermore,  since Phillip needed 356 Trades to achieve a 53.36% Net Return,  I should be declared the winner because my 320 Trades resulted in a 98.4% Net Return,  clearly a more profitable method.

The higher percentage I achieved gives me the right to know all the guidelines and deciding factors in choosing a winner, which in turn gives me the opportunity to evaluate the transparency of the broker.

Dealing in  Forex is strictly a matter of numbers and results are purely  mathematical.  The contest is contest of  exact numbers and percentages and my claim is precisely based on the premise that information provided by Tickmill is incomplete.  Once again, I kindly request a precise and a more professional reply in order to continue to operate with Tickmill.

Tickmill´s contest involves real money and therefore it adquires legal commitments and responsabilities with the Traders who provide a public service overseen by government.

I hope to receive a reply consistent with  the high quality standards used by former Armada Market (now Tickmill).  I may suggest changes in the  criteria used to inform a winner so that there will not be future  misunderstandings.

If you do not have good arguments, I should be declared the winner for the period January 1 through January 31, 2015.

Participants in this forum what are your comments in this claim?

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on February 25, 2015, 06:37:20 AM
Lulz. First of all you shouldn't trade for the sake of being #1 in the contest. Second they subjectively chose who THEY think is the trader of the month. It's subjective. It's like the oscars. I remember it was stated on the site of armada previously the ones that chose the winners each nominate 3 traders an they just internally discuss who gets the award.

But you sure made my day that you are making such a fuss over an award. I don't like birdman winning oscar too but you don't see the other nominees crying about it.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 25, 2015, 03:26:50 PM
According to the Terms of our “Trader of the month” contest next key factors are taken into account to evaluate Trader’s performance: 
– Profit (as a percentage) at the end of the month
– The maximum drawdown – Risk management
– The ratio of profits to losses (risk to reward ratio)

We believe that decision based only on statistics above would be unfair as there are many other criterions what will help to assess Trader’s performance.
Final decision is made by jury consisting of 3 people. 
Here is the link to the page: http://www.tickmill.com/trader-of-the-month/ (http://www.tickmill.com/trader-of-the-month/)

We track, follow up, before and after the month  the accounts performance to select  and  choose the best one monthly.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ak386 on February 25, 2015, 04:32:23 PM
According to the Terms of our “Trader of the month” contest next key factors are taken into account to evaluate Trader’s performance: 
– Profit (as a percentage) at the end of the month
– The maximum drawdown – Risk management
– The ratio of profits to losses (risk to reward ratio)

We believe that decision based only on statistics above would be unfair as there are many other criterions what will help to assess Trader’s performance.
Final decision is made by jury consisting of 3 people. 
Here is the link to the page: http://www.tickmill.com/trader-of-the-month/ (http://www.tickmill.com/trader-of-the-month/)
Winner of the contest in January TICKMILL

I did PROFIT 98% and 15% DRAWDOWN  this value is a quality and beautiful for any trader in Real account.



Hi Andres,(In response to your letter I answer)

Thanks for your reply, however, it is not good enough; it is incomplete.   

 Since the chosen  winner  has very   different results  than my own,  I am compelled to make a formal  complaint based on the technical reasons described below.   I hope to receive a valid explanation as to how and  why the winner was awarded the price, otherwise, I will appeal to the Forex Peace Army to determine the winner for the period January 1st thru January 31st, 2015.

The  guidelines shown by Tickmill for  determining a winner are not clear when other contestant is disputing the first place.  I plead  my case:

PHILLIP   (Declared winner)

Net Return:            53.36%
Total Trades.         356
Profitable trades:  72.19%


AK386  (Disputing contestant) 
 
Net Return:             98.4%
Total Trades:          320
Profitable Trades:  68.13%


I hereby request an explanation of determining  factors in choosing a winner:

Profit Factor:                   AK386 : 1.96%   ----------- Phillip:  ??
Maximun Drawdown:    AK386: 15.20%  ----------  Phillip:  ??

Distance Rule:  The Distance between my  15.20% Drawdown  and my 98.4% Profitability is a HUGE 83.20%.   This is a distance that Phillip cannot beat and that YOU CANNOT IGNORE!

Using the same Distance Rule and supposing Phillip has the same  15.20% Drawdown that I have, Phillip´s  Distance between his 15.20%  Drawdown and his 53.36%  Profitability is a LOW 38% !   This one risk factor cannot make him a winner.

Your rules about “Stop Loss” were not disclosed openly and they were not written in any public document concerning the contest, therefore, these rules should not apply.

 and I hope that you have strong and valid arguments to contradict my own.   I have previously, and more than once, won contests and I expect that if Tickmill cannot outweight  my arguments, that I be declared the winner for the period January 1st  thru January 31st, 2015.

Comparative Rule:  Since Forex is pure math, the numbers  show that I, with a 68.13% Profitable Trades achieved a 98.4% Net Return, meanwhile,  Phillip with a 72.19%  Profitable Trades would have gotten a 102% Net Return, but  he only got 53.36%.

Furthermore,  since Phillip needed 356 Trades to achieve a 53.36% Net Return,  I should be declared the winner because my 320 Trades resulted in a 98.4% Net Return,  clearly a more profitable method.

The higher percentage I achieved gives me the right to know all the guidelines and deciding factors in choosing a winner, which in turn gives me the opportunity to evaluate the transparency of the broker.

Dealing in  Forex is strictly a matter of numbers and results are purely  mathematical.  The contest is contest of  exact numbers and percentages and my claim is precisely based on the premise that information provided by Tickmill is incomplete.  Once again, I kindly request a precise and a more professional reply in order to continue to operate with Tickmill.

Tickmill´s contest involves real money and therefore it adquires legal commitments and responsabilities with the Traders who provide a public service overseen by government.

I hope to receive a reply consistent with  the high quality standards used by former Armada Market (now Tickmill).  I may suggest changes in the  criteria used to inform a winner so that there will not be future  misunderstandings.

If you do not have good arguments, I should be declared the winner for the period January 1 through January 31, 2015.

Participants in this forum what are your comments in this claim?



His response are signs of your intentions to resolve a dispute to a legal and professional level.
Show the balance of the winner, if TICKMILL want to be transparent, let see the DRAWDOWN Mr. PHILIPP.
You say: ¨We believe that decision based only on statistics above would be unfair¨   ??
Let me tell you that my claim is fair and you must provide clarity.

This is my balance in MT4:
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Forex ReBorn on February 27, 2015, 01:38:32 PM
http://www.myfxbook.com/members/AsadShah/tickmill-ecn-forexreborncomtesting-new-broker/1163830 (http://www.myfxbook.com/members/AsadShah/tickmill-ecn-forexreborncomtesting-new-broker/1163830)

I'm doing scalping with tickmill since last couple of days. Spread and execution is great.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on February 27, 2015, 10:12:09 PM
I have the right to share my opinion about any brokers regulatory status. If any one actually spent time doing their homework and looking at the facts rather than believing each other who are none the wiser you would discover the following.

1. There is no minimum NTA requirement for a Seychelles regulated entity.

2.There are no Client Money rules. So the broker can do whatever they like with you money once it hits their bank account. Even if they state that the funds are used for hedging they can pass your money onto the likes of "Boston Prime" or another broker. If that broker collapses you have lost your money if the broker themselves does not have a balance sheet big enough to fill the hole.

It is for these reasons that it makes sense for any "lightly" regulated entity to maintain minimum  capital adequacy  (NTA) and make their financials available as well as maintain a clear policy as to how they use client money. Saying you are audited by KPMG is meningless and does not adress the core issues.

Unfortunately Tickmill has not been clear on any of these points. As per my previous posts I request the Tickmill explain clearly how they use client money, including how or if they use client money for hedging as well as make their financials or NTA available on line like many other brokers do or at a minimum guide us to the website where we can purchase their financials form the regulator (similar to the process adopted by ASIC).

I look forward to your detailed response "Tickmill", which will ideally include the citation of any regulatory policy documents from the FCA in the Seychelles.

No response yet Tickmill. Do you plan on providing us with more information regarding the points that I have raised.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Purri on February 27, 2015, 10:21:21 PM

No response yet Tickmill. Do you plan on providing us with more information regarding the points that I have raised.

They had to flee the EU
Their australian license has been denied
They had to settle for some remote island "regulation"

I think everyone can draw their own conclusions, do you really need any more information?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on February 28, 2015, 06:34:02 AM

No response yet Tickmill. Do you plan on providing us with more information regarding the points that I have raised.

They had to flee the EU
Their australian license has been denied
They had to settle for some remote island "regulation"

I think everyone can draw their own conclusions, do you really need any more information?

For me Tickmill is that old kind Armada Markets with excellent low-cost trading services and outgoing support. Don’t know guys if you have experience with them (probably not) but I really had nothing serious to complain. Wish they get some additional regulation as Seychelles is not enough (especially for alarmed newbies), but for old-timers I see there is no point to be concerned much about.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Miho on February 28, 2015, 07:58:23 AM
No problem with them,half of my money with them,if they get stronger regulation i will move all my money to tickmill.Best broker atm
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on February 28, 2015, 10:59:23 AM
Participants in this forum what are your comments in this claim?
it's sad to hear, if you feel you've been ruled by TICKMILL in this Broker Contest.

You've done the right thing to publish your case. I think reputation is the only leverage you have.

Beside this story: Broker contests are the same category like artificial requotes, artificial slippage, broker rebates and deposit bonuses. Don't involve, if you don't have to, as the winner in this game is predetermined from the beginning: Your broker.

My advice: Legally you've no chance. Let it go as life experience.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Ron on February 28, 2015, 07:10:37 PM
How long does it typically take to open an account with them?

Thks,

Ron.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on February 28, 2015, 08:54:07 PM
Armada/Tickmill is the only broker I have traded with so far sends out real relationship gifts to my home address. It's not the gift that matters, just the gesture showing they haven't forgotten about us loyal customers.

The experience at Armada/Tickmill has been close to perfect.

Other then better swap rates and better regulation there is not much I have on the wish list. And the regulation is only a "peace of mind" for people that does not know how they work. Cause if you talked with them extensively you would know they have the best intrest for traders. And I believe in their vision they outlined and I am sure for the nay sayers they will get better regulation.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on February 28, 2015, 09:24:37 PM
How long does it typically take to open an account with them?

Thks,

Ron.
I have opened when it was Armada and it was incredibly fast. Apart all the different ideas on regalations and other stuff, this is a good broker. My first rule Anyway is to spread the risk on many Brokers. I would never put a big amount on a single broker, also If FCA regulated (Alpari docet). Also i always start with a very low balance to test how are real trading conditions and If the customer service works.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 01, 2015, 12:00:20 AM
I have the right to share my opinion about any brokers regulatory status. If any one actually spent time doing their homework and looking at the facts rather than believing each other who are none the wiser you would discover the following.

1. There is no minimum NTA requirement for a Seychelles regulated entity.

2.There are no Client Money rules. So the broker can do whatever they like with you money once it hits their bank account. Even if they state that the funds are used for hedging they can pass your money onto the likes of "Boston Prime" or another broker. If that broker collapses you have lost your money if the broker themselves does not have a balance sheet big enough to fill the hole.

It is for these reasons that it makes sense for any "lightly" regulated entity to maintain minimum  capital adequacy  (NTA) and make their financials available as well as maintain a clear policy as to how they use client money. Saying you are audited by KPMG is meningless and does not adress the core issues.

Unfortunately Tickmill has not been clear on any of these points. As per my previous posts I request the Tickmill explain clearly how they use client money, including how or if they use client money for hedging as well as make their financials or NTA available on line like many other brokers do or at a minimum guide us to the website where we can purchase their financials form the regulator (similar to the process adopted by ASIC).

I look forward to your detailed response "Tickmill", which will ideally include the citation of any regulatory policy documents from the FCA in the Seychelles.

No response yet Tickmill. Do you plan on providing us with more information regarding the points that I have raised.

I find it quite amusing how all the Armada cheerleadrs attempt to derail the thread whenever serious questions are asked about this broker.

Again I ask Armada to respond to the core issues that I raised in my post.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 01, 2015, 10:09:09 AM

I find it quite amusing how all the Armada cheerleadrs attempt to derail the thread whenever serious questions are asked about this broker.

Again I ask Armada to respond to the core issues that I raised in my post.

Clients that opened an account with Armada that had no regulation won't start questioning Tickmill now that they are based in Seychelles with an offshore regulation. So all we can do is trust what the company says. And they say client's funds are segregated and I chose to believe them since they haven't given me wrong information yet and I tend to give people/companies the benefit of the doubt until they violate that trust.

Furthermore regulation is a fake sense of safety. Look at alpari UK (GL getting all your money back). Look at fxcm (they just pay their fines after dodgy actions). I agree that regulation will help me chose a broker. But broker/client relationship and gut feeling will top any regulation
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: semaj on March 01, 2015, 11:53:39 AM
I had a transaction problem with an Australian broker back in 2013, and I reported the incident to 'Ombudsman, Australia'. And they assisted me to sort out the problem within 2 weeks time. Hence, regulated brokers remain my priority choice, unless they have a very good reputation.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 01, 2015, 01:21:28 PM
Clients that opened an account with Armada that had no regulation won't start questioning Tickmill now that they are based in Seychelles with an offshore regulation.
once upon a time, there were 3 traders showing an advice-resistant behaviour
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Ft0.gstatic.com%2Fimages%3Fq%3Dtbn%3AANd9GcQY2ChVyv68kVyQp7yGQjHQQNpzRgl03-1KBGIVHinjOkFqGN2wEnWVfenN&hash=16cbf4f06d478929da0d27e84853cfc8)

then they met the black swan again
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Ft0.gstatic.com%2Fimages%3Fq%3Dtbn%3AANd9GcRn3rxOoAV-z7pikMf_yecFtD2v7Yg1XnF5BKkfpTVyTeAWlAC82itzQ6w&hash=f6475bc40cd99fb4dbaa305b630f5c60)

and were left without their shirts and fall into big depts again, but instead of now finally re-thinking about their behaviour, they sticked to their strategy. Even after being death, their strategy remains stable... until today
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Ft0.gstatic.com%2Fimages%3Fq%3Dtbn%3AANd9GcSVtEzKkgnn39w2F6O6pzAoxDBUV60pwCR_pxI0coDBU-H8suNfz9VdFkPL&hash=2992564602066079d64eed80ffb45018)

-end of story-
by cyberryder
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 01, 2015, 01:27:49 PM
Funny cyberryder. But hard to take you serious with your posts demanding negative balance protection. Makes me laugh since a trader should know the risk and adapt accordingly with his trading style. It just shows how many are in this business walking in the dark and hope they have the right direction
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 01, 2015, 01:46:06 PM
Funny cyberryder. But hard to take you serious with your posts demanding negative balance protection.
i read your point of views saying "your money is only safe, once you've successfully withdrawn it" and "No negative balance protection or regulation will safe you". You might be right at the end, who knows.

But, your decision to then trow the towel might be the right solution for you and for others, for me it's not. Therefore i posted this little funny story.

A real negative balance protection that stands in court, might be illusive to achieve. I have to say that currently i'm not 100% satisfied with what i saw so far from any broker. But the game for choosing a broker has not changed: I try to keep picking the best from the worst, now with an additional criterion. My point of view is that we can achieve to raise the bar a tiny bit for the benefit of us traders re fund protection, we have achieved something.

For the record: I traded before at Armada, knowing the terms, but not really knowing how big the risks really could be. I'm not trading at Tickmill and don't plan to as they are not matching my new broker criterias.

I was one of those you say, were walking in the dark before. I can only try to learn over time, access the risk from which i learned and try to make conclusions. I'm sure i still don't really know or be able to fully access all the potential risks involved in forex.

I'm still walking in the dark today and this will never end. There is only take it or leave it. At the moment i take it.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 01, 2015, 01:56:27 PM
Best is to diversify. So if things goes to shit. You are only wounded and not crippled.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 01, 2015, 02:44:12 PM
Best is to diversify. So if things goes to shit. You are only wounded and not crippled.
i'm really not sure

my point of view is that you add an INFINITE risk with every additional broker. So you can only lower the probabililty of being hit, meaning 1 broker is better than multiple brokers.

Does this make sense?

---
explanation:
Point of view 1:
- You don't lower the risk of depts with multiple brokers, instead you raise it: If you trade with 10 brokers, the overall risk that 1 of them go bust, is higher than if you trade only with 1 of them. 1 broker going bust is sufficiant to throw you into depts.

- However, as you spread your overall capital over 10 brokers, the remaining dept amount, you are being charged with from the 1 broker having gone bust, is only 1/10 VS. if you traded only with 1 broker with all your capital and this broker would have gone bust. So the overall capital risk should be lower with multiple brokers.

This was an example with 1 broker going bust. What if 2 more of your brokers would have gone bust? Then you could say OK then 3/10 of your capital is gone and you have 3/10 depts VS 1 broker.


Point of view 2:
Every additional broker you add, you increase the risk that SOMETHING can happen with your funds (spread spikes, slippage, disconnects, depts, whatever). The equations above comes from the thinking that ONE = THE SAME EVENT happens EQUALLY on all brokers. So you can say, you can spread the risk and  the amount of funds at risk is lower at one of those brokers.

But, keep in mind that all of those brokers are behaving fully independently from each other. Of course they have the FX market and other things a bit in common, but at the end each broker you deal with, carries an INFINITE financial risk for you. Nobody would have been able to access the risk of SNB black swan in advance for 1 trader.

So is it better to have 1 broker with an infinite risk or 10 brokers with an infinite risk? I would say 1 broker then, because you reduce the chance being hit.


Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 01, 2015, 02:53:09 PM
Basic chance calculations. Hypothetically a broker has 1/100 chance of going bad (just for sake of example). 1 broker = 1/100 chance. 2 brokers simultaneously is 1/100 x 1/100 = 1/10000 chance. 3 brokers simultaneously = 1/1000000.   As you see the chance for one broker is always higher then multiple brokers going bad simultaneously. 

EDIT: It is true that the chance of having one broker going bust is higher if you use more brokers.. Let's say 3 brokers you use = 3/100. You have 3 times more chance to lose 1/3 of your balance. Which means the end result = the same as using 1 broker. However you just protect yourself a lot more vs 100% loss since simultaneous brokers going bad while using multiple brokers has a lot smaller chance then when you are using 1 broker.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 01, 2015, 04:24:03 PM
based on my research, this is the wrong formula for this case.

2 brokers we trade on = we use 2 dies for the experiment

Each trade on one broker can have 6 possible outcomes = One die has 6 faces

One of those trade outcomes is the specific bad outcome B = This event is represented here by a die showing a 6

Question is: What is the probability of getting MINIMUM 1x a 6 when throwing both dies together?


We have to split the question:
1) What is the probability of getting EXACTLY ONE 6 on one of the 2 dies?
- Die 1 is showing a 6 and die 2 does not --> 1/6 * 5/6 = 5/36
- Die 1 is not showing a 6, but die 2 does --> 5/6 * 1/6 = 5/36
Overall probability: 5/36+5/36=10/36

2) What is the probability to get a 6 on BOTH dies? 1/6*1/6=1/36

Events 1 and 2 can't show up at the same time, so they are dependant from each other, means we have to sum.
Overall probability for getting MINIMUM 1x a 6 on one of both dies when throwing both dies together? --> 10/36+1/36=11/36 = 0.3


Resulting probability: 11/36 with 2 brokers VS 1/6 with one broker of getting the bad outcome minimum 1x.
--> Until here 1 broker is better than 2 brokers.


Now we throw in the money spreading: We have all our funds (2000 EUR) on one broker VS. 1/2 of our funds (1000 EUR) over 2 brokers and we calcualte with the probability of getting minimum 1x the specific bad outcome B after placing 1 trade on each broker:

with 2 brokers: 11/36 x 1000 EUR = 305 EUR

with 1 broker: 1/6 x 2000 EUR = 333 EUR

--> Update: I was told the right conclusion here is: 2 brokers are better, as i'm calculating the risk and not the reward, so the lower EUR amount is better.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: geektrader on March 01, 2015, 11:31:44 PM
Hi Guys,

as usually, I am logging spreads for all my favorite brokers 24/7. So I thought some people might be interested in the average spread values of these brokers from the last 2 weeks. I am posting this on each brokers thread that is part of that to be fair. And don´t forget that spreads are not the complete costs, there also are the commissions on top of that as well as the average slippage you are getting in and out.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on March 02, 2015, 11:03:13 AM
http://www.myfxbook.com/members/AsadShah/tickmill-ecn-forexreborncomtesting-new-broker/1163830 (http://www.myfxbook.com/members/AsadShah/tickmill-ecn-forexreborncomtesting-new-broker/1163830)

I'm doing scalping with tickmill since last couple of days. Spread and execution is great.

care to open your own new thread? discuss these scalping strategies. would be inappropriate since this are tickmill brokers section. wondering what kind of scalping with 31 entry trade on eurusd with no loss. seem their spread serve your trading system quite right.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: user456 on March 02, 2015, 11:47:57 AM
Now we throw in the money spreading: We have all our funds (2000 EUR) on one broker VS. 1/2 of our funds (1000 EUR) over 2 brokers and we calcualte with the probability of getting minimum 1x the specific bad outcome B after placing 1 trade on each broker:

with 2 brokers: 11/36 x 1000 EUR = 305 EUR

with 1 broker: 1/6 x 2000 EUR = 333 EUR

--> It still seems 1 broker is better than 2 brokers as the remaining amount with 1 broker is ~10% higher than with using 2 brokers and spreading the funds equally (a further calcuation with 10 brokers showed a 42% higher remaining amount using 1 broker VS. using 10 brokers). Can someone pls confirm my calcuation?

Your calculations are correct but the conclusion is wrong. You proofed that its better to spread the capital. You are calculating the risk and not the reward so lower is better.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 02, 2015, 12:05:31 PM
I have the right to share my opinion about any brokers regulatory status. If any one actually spent time doing their homework and looking at the facts rather than believing each other who are none the wiser you would discover the following.

1. There is no minimum NTA requirement for a Seychelles regulated entity.

2.There are no Client Money rules. So the broker can do whatever they like with you money once it hits their bank account. Even if they state that the funds are used for hedging they can pass your money onto the likes of "Boston Prime" or another broker. If that broker collapses you have lost your money if the broker themselves does not have a balance sheet big enough to fill the hole.

It is for these reasons that it makes sense for any "lightly" regulated entity to maintain minimum  capital adequacy  (NTA) and make their financials available as well as maintain a clear policy as to how they use client money. Saying you are audited by KPMG is meningless and does not adress the core issues.

Unfortunately Tickmill has not been clear on any of these points. As per my previous posts I request the Tickmill explain clearly how they use client money, including how or if they use client money for hedging as well as make their financials or NTA available on line like many other brokers do or at a minimum guide us to the website where we can purchase their financials form the regulator (similar to the process adopted by ASIC).

I look forward to your detailed response "Tickmill", which will ideally include the citation of any regulatory policy documents from the FCA in the Seychelles.

No response yet Tickmill. Do you plan on providing us with more information regarding the points that I have raised.

I find it quite amusing how all the Armada cheerleadrs attempt to derail the thread whenever serious questions are asked about this broker.

Again I ask Armada to respond to the core issues that I raised in my post.

Still no response. The Tickmill rep has gone quiet all of a sudden.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: user456 on March 02, 2015, 12:09:07 PM
Still no response. The Tickmill rep has gone quiet all of a sudden.

Would be great if you could follow his example. We realize that they are not properly regulated no need to bump this again and again.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JJ-FX on March 02, 2015, 12:44:33 PM
Now we throw in the money spreading: We have all our funds (2000 EUR) on one broker VS. 1/2 of our funds (1000 EUR) over 2 brokers and we calcualte with the probability of getting minimum 1x the specific bad outcome B after placing 1 trade on each broker:

with 2 brokers: 11/36 x 1000 EUR = 305 EUR

with 1 broker: 1/6 x 2000 EUR = 333 EUR

--> It still seems 1 broker is better than 2 brokers as the remaining amount with 1 broker is ~10% higher than with using 2 brokers and spreading the funds equally (a further calcuation with 10 brokers showed a 42% higher remaining amount using 1 broker VS. using 10 brokers). Can someone pls confirm my calcuation?

Your calculations are correct but the conclusion is wrong. You proofed that its better to spread the capital. You are calculating the risk and not the reward so lower is better.

I think the random selection of a 6-sided dice doesn’t allow calculating any meaningful „Money at Risk“.

Not taking that into account I think the formula for two brokers should be changed to: 10/36 x 1000 EUR + 1/36 x 2000 EUR = 333 EUR
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: user456 on March 02, 2015, 01:32:27 PM
you are perfectly right of course. One thing to consider when deciding whether to split capital between multiple brokers is that you dont know the actual odds of a broker going "bad". Thats the main reason to split capital for me. There are too many unknown variables for a calculation like this.

Mathematically if every broker has the same odds it should be irrelevant if you split capital. Thanks for pointing that out.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reinerh on March 02, 2015, 01:46:28 PM
gee wizz rodney,

i think every half smart human being has figured out what stinkin regulation is good for, nada, zilch.

see alpari uk. i thought their regulation is worth something, as it turns out its all bullshit. whatever assets are left are now being eaten up by kpmg at like 500 pounds an hour bill time. traders i am quite certain will get the shaft.

and here we are talking uk regulation which i thought is the best in the world, obviously its worthless.

then there was refco in usa, also regulated big time. yet all customers got the shaft big time.

and another big one in usa was peregrine, also big time regulated, gone bye bye with all customers funds simply gone into the wind.

so while i still look for regulation = prefer it myself, forex is strictly gambling with ones money and i accept that.

but it has to be clearly understood that forex is high risk since regulation clearly is worthless.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tyler on March 02, 2015, 02:13:16 PM
Still no response. The Tickmill rep has gone quiet all of a sudden.
would be great if you will do the same.   ::)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: J16 on March 02, 2015, 03:02:40 PM
you are perfectly right of course. One thing to consider when deciding whether to split capital between multiple brokers is that you dont know the actual odds of a broker going "bad". Thats the main reason to split capital for me. There are too many unknown variables for a calculation like this.

Mathematically if every broker has the same odds it should be irrelevant if you split capital. Thanks for pointing that out.

if you trade with your standard risk, most of your money should be in bank and deposit what is necessary in the broker using leverage.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: odysseus11 on March 02, 2015, 04:19:49 PM
yea, thats exactly why I am so curious to see what happens with the FSCS and this case.

We can all see KPMG racking up fees and charges at an incredible rate, but the bottom line is will the traders be made whole to the limits of their cap, or wont they? If they are, then that is a MASSIVE thumbs up to FCA/FSCS brokers worldwide. If not, very bad signal.

gee wizz rodney,

i think every half smart human being has figured out what stinkin regulation is good for, nada, zilch.

see alpari uk. i thought their regulation is worth something, as it turns out its all bullshit. whatever assets are left are now being eaten up by kpmg at like 500 pounds an hour bill time. traders i am quite certain will get the shaft.

and here we are talking uk regulation which i thought is the best in the world, obviously its worthless.

then there was refco in usa, also regulated big time. yet all customers got the shaft big time.

and another big one in usa was peregrine, also big time regulated, gone bye bye with all customers funds simply gone into the wind.

so while i still look for regulation = prefer it myself, forex is strictly gambling with ones money and i accept that.

but it has to be clearly understood that forex is high risk since regulation clearly is worthless.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 02, 2015, 08:55:19 PM
gee wizz rodney,

i think every half smart human being has figured out what stinkin regulation is good for, nada, zilch.

see alpari uk. i thought their regulation is worth something, as it turns out its all bullshit. whatever assets are left are now being eaten up by kpmg at like 500 pounds an hour bill time. traders i am quite certain will get the shaft.

and here we are talking uk regulation which i thought is the best in the world, obviously its worthless.

then there was refco in usa, also regulated big time. yet all customers got the shaft big time.

and another big one in usa was peregrine, also big time regulated, gone bye bye with all customers funds simply gone into the wind.

so while i still look for regulation = prefer it myself, forex is strictly gambling with ones money and i accept that.

but it has to be clearly understood that forex is high risk since regulation clearly is worthless.

So now that we know that no body in this forum cares about regulation or how brokers operate, this is a great start.

Given Tickmill has not responded to my points despite given the chance we can only assume the following.

1. Tickmill has no capital adequacy requirements and is running their brokerage on the smell of an oily rag month by month with little or no cash flow forecasting.

2. They may be using client money to operate their business as they have not stated anywhere what their client money handling practices are. It is also very likely that client money is passed onto their counterparties which they have not disclosed. If any one of their multiple their counterparties collapses your money is lost.

Although they don't disclose their conterparties, we do however  know that they take pricing from JFD and LMAX as well as others and aggregate prices as the bridge (Prime XM). This is also where they operate their B book from seldom hedging with their counterparties.

I am happy for a Tickmill rep to jump in at any time to clarify these points, however it appears that the people in this thread really don't care too much about their money or Tickmill's business anyway. I wish I had money to burn and could think like this too.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on March 03, 2015, 04:54:47 AM



Given Tickmill has not responded to my points despite given the chance we can only assume the following.

1. Tickmill has no capital adequacy requirements and is running their brokerage on the smell of an oily rag month by month with little or no cash flow forecasting.



This is a very serious accusation. Do you have any serious proof of that other than the the mere fact Tickmill did not answer  to your questions?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 03, 2015, 04:59:39 AM



Given Tickmill has not responded to my points despite given the chance we can only assume the following.

1. Tickmill has no capital adequacy requirements and is running their brokerage on the smell of an oily rag month by month with little or no cash flow forecasting.



This is a very serious accusation. Do you have any serious proof of that other than the the mere fact Tickmill did not answer  to your questions?


These are not accusations, they are assumptions based on the way "lightly" regulated brokers in Mauritius, British Virgin Islands, Cayman Islands and The Seychelles typically operate. Until Tickmill provide further information we have to assume that they operate like all other brokers in these jurisdictions, there really is not much choice here.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Miho on March 03, 2015, 06:13:26 AM
Maybe you are right but why should Tickmill give you an answers?Are you important person?Are you tickmil coustomer.

Regulation is not good,but before they do not have regulation at all,now they have something.Maybe they will get better regulation and for me are best broker atm.Atm everthing works fine,but never know....
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on March 03, 2015, 07:14:04 AM


Given Tickmill has not responded to my points despite given the chance we can only assume the following.

1. Tickmill has no capital adequacy requirements and is running their brokerage on the smell of an oily rag month by month with little or no cash flow forecasting.

2. They may be using client money to operate their business as they have not stated anywhere what their client money handling practices are. It is also very likely that client money is passed onto their counterparties which they have not disclosed. If any one of their multiple their counterparties collapses your money is lost.

3. They really have no interest in participating in the BS maybe?  :D
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tyler on March 03, 2015, 07:18:31 AM
gee wizz rodney,

i think every half smart human being has figured out what stinkin regulation is good for, nada, zilch.

see alpari uk. i thought their regulation is worth something, as it turns out its all bullshit. whatever assets are left are now being eaten up by kpmg at like 500 pounds an hour bill time. traders i am quite certain will get the shaft.

and here we are talking uk regulation which i thought is the best in the world, obviously its worthless.

then there was refco in usa, also regulated big time. yet all customers got the shaft big time.

and another big one in usa was peregrine, also big time regulated, gone bye bye with all customers funds simply gone into the wind.

so while i still look for regulation = prefer it myself, forex is strictly gambling with ones money and i accept that.

but it has to be clearly understood that forex is high risk since regulation clearly is worthless.

So now that we know that no body in this forum cares about regulation or how brokers operate, this is a great start.

Given Tickmill has not responded to my points despite given the chance we can only assume the following.

1. Tickmill has no capital adequacy requirements and is running their brokerage on the smell of an oily rag month by month with little or no cash flow forecasting.

2. They may be using client money to operate their business as they have not stated anywhere what their client money handling practices are. It is also very likely that client money is passed onto their counterparties which they have not disclosed. If any one of their multiple their counterparties collapses your money is lost.

Although they don't disclose their conterparties, we do however  know that they take pricing from JFD and LMAX as well as others and aggregate prices as the bridge (Prime XM). This is also where they operate their B book from seldom hedging with their counterparties.

I am happy for a Tickmill rep to jump in at any time to clarify these points, however it appears that the people in this thread really don't care too much about their money or Tickmill's business anyway. I wish I had money to burn and could think like this too.
hey mr Don Quixote can you please post you questions directly to Tickmill? we are not interested in your personal war.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on March 03, 2015, 07:56:02 AM
gee wizz rodney,

i think every half smart human being has figured out what stinkin regulation is good for, nada, zilch.

see alpari uk. i thought their regulation is worth something, as it turns out its all bullshit. whatever assets are left are now being eaten up by kpmg at like 500 pounds an hour bill time. traders i am quite certain will get the shaft.

and here we are talking uk regulation which i thought is the best in the world, obviously its worthless.

then there was refco in usa, also regulated big time. yet all customers got the shaft big time.

and another big one in usa was peregrine, also big time regulated, gone bye bye with all customers funds simply gone into the wind.

so while i still look for regulation = prefer it myself, forex is strictly gambling with ones money and i accept that.

but it has to be clearly understood that forex is high risk since regulation clearly is worthless.

So now that we know that no body in this forum cares about regulation or how brokers operate, this is a great start.

Given Tickmill has not responded to my points despite given the chance we can only assume the following.

1. Tickmill has no capital adequacy requirements and is running their brokerage on the smell of an oily rag month by month with little or no cash flow forecasting.

2. They may be using client money to operate their business as they have not stated anywhere what their client money handling practices are. It is also very likely that client money is passed onto their counterparties which they have not disclosed. If any one of their multiple their counterparties collapses your money is lost.

Although they don't disclose their conterparties, we do however  know that they take pricing from JFD and LMAX as well as others and aggregate prices as the bridge (Prime XM). This is also where they operate their B book from seldom hedging with their counterparties.

I am happy for a Tickmill rep to jump in at any time to clarify these points, however it appears that the people in this thread really don't care too much about their money or Tickmill's business anyway. I wish I had money to burn and could think like this too.
hey mr Don Quixote can you please post you questions directly to Tickmill? we are not interested in your personal war.
Yes, this really looks like stalking
I cannot open DF without to find many posts here in Tickmill about these abstract complaints made by someone which is also not their customer
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 03, 2015, 08:02:40 AM
gee wizz rodney,

i think every half smart human being has figured out what stinkin regulation is good for, nada, zilch.

see alpari uk. i thought their regulation is worth something, as it turns out its all bullshit. whatever assets are left are now being eaten up by kpmg at like 500 pounds an hour bill time. traders i am quite certain will get the shaft.

and here we are talking uk regulation which i thought is the best in the world, obviously its worthless.

then there was refco in usa, also regulated big time. yet all customers got the shaft big time.

and another big one in usa was peregrine, also big time regulated, gone bye bye with all customers funds simply gone into the wind.

so while i still look for regulation = prefer it myself, forex is strictly gambling with ones money and i accept that.

but it has to be clearly understood that forex is high risk since regulation clearly is worthless.

So now that we know that no body in this forum cares about regulation or how brokers operate, this is a great start.

Given Tickmill has not responded to my points despite given the chance we can only assume the following.

1. Tickmill has no capital adequacy requirements and is running their brokerage on the smell of an oily rag month by month with little or no cash flow forecasting.

2. They may be using client money to operate their business as they have not stated anywhere what their client money handling practices are. It is also very likely that client money is passed onto their counterparties which they have not disclosed. If any one of their multiple their counterparties collapses your money is lost.

Although they don't disclose their conterparties, we do however  know that they take pricing from JFD and LMAX as well as others and aggregate prices as the bridge (Prime XM). This is also where they operate their B book from seldom hedging with their counterparties.

I am happy for a Tickmill rep to jump in at any time to clarify these points, however it appears that the people in this thread really don't care too much about their money or Tickmill's business anyway. I wish I had money to burn and could think like this too.
hey mr Don Quixote can you please post you questions directly to Tickmill? we are not interested in your personal war.

No problems. I will email my questions to Tickmill and post their response here.

By the way its not a war, these are legitimate questions / concerns.

What I do find rather disturbing is that there are so many people out there that dont care about regulation.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 03, 2015, 08:04:54 AM
I can only applaud you rodney for making tickmill thread the most popular broker thread on donnaforex. As they say. There is no such thing as bad press
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 03, 2015, 08:08:55 AM
I can only applaud you rodney for making tickmill thread the most popular broker thread on donnaforex. As they say. There is no such thing as bad press

Im glad to have helped your broker. I am also happy that I have made your day )

At the end of the day smart traders will ask the right questions and base their broker choice on the answers received no matter how popular the thread )
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 03, 2015, 08:12:54 AM
Exactly. And I'm not even trading lunch money there. You would know from where I come from if you traded with them.

I'm just here so you don't fill the heads of newer traders with lies. Cause I am all for fraud schemes if you can prove it. Until then your mud throwing takes down your credibility
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 03, 2015, 08:22:18 AM
Exactly. And I'm not even trading lunch money there. You would know from where I come from if you traded with them.

I'm just here so you don't fill the heads of newer traders with lies. Cause I am all for fraud schemes if you can prove it. Until then your mud throwing takes down your credibility

There is no mud throwing, traders just need answers however the Tickmill rep has dissappeared off the face of the earth.

In any case like i said i will email them directly.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: user456 on March 05, 2015, 02:02:27 PM
@tickmill why don't you have a SEPA banking account any longer?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 05, 2015, 07:06:56 PM
@tickmill why don't you have a SEPA banking account any longer?

If they are not in the SEPA region it makes sense that they dont have a SEPA bank account. I dont think this is fishy at all, just a logical move.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: user456 on March 05, 2015, 07:27:41 PM
I am not saying its fishy it is just very inconvenient.

Brokers like ICMarkets aren't in the SEPA region either and I still can deposit into a local SEPA account with them. If you have many customers in europe I wouldn't call it "logical" to make it unnecessarily hard for them to deposit.   
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 05, 2015, 07:34:29 PM
I am not saying its fishy it is just very inconvenient.

Brokers like ICMarkets aren't in the SEPA region either and I still can deposit into a local SEPA account with them. If you have many customers in europe I wouldn't call it "logical" to make it unnecessarily hard for them to deposit.

No idea, perhaps something to do with the regulation in the Seychelles preventing them from being seen to solicit clients in Europe or something. Email them directly.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 05, 2015, 07:48:52 PM
Brokers like ICMarkets aren't in the SEPA region either and I still can deposit into a local SEPA account with them.
maybe it's just a cost thing. Those local bank accounts are usually never from the broker. They normally use Earthport network and have to pay for it. Maximum i saw as SEPA directly from a broker was some UK based Barclays account or so.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 05, 2015, 09:04:11 PM
I e-mailed them in January suggesting that IC Markets uses Global Collect to deposit through SEPA and that they should get such service too and they told me they are working on it for a similar service.

Guess we need to be patient for all the features to be implemented.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 09, 2015, 07:39:40 AM
For in/out operations I prefer to use online payments systems such as Skrill or Neteller. It's cheaper and quite faster than bank transfers. Less hassle with tax matters as well.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: HFT Group on March 09, 2015, 11:36:42 AM
For in/out operations I prefer to use online payments systems such as Skrill or Neteller. It's cheaper and quite faster than bank transfers. Less hassle with tax matters as well.

IMHO........once you start using Neteller you will never look back  ;)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on March 09, 2015, 12:03:15 PM
For in/out operations I prefer to use online payments systems such as Skrill or Neteller. It's cheaper and quite faster than bank transfers. Less hassle with tax matters as well.

IMHO........once you start using Neteller you will never look back  ;)
I use only Neteller or Skrill to fund accounts. So for me is fundamental a broker accept deposit and withdrawals through these e-wallets
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on March 10, 2015, 03:09:07 AM
For in/out operations I prefer to use online payments systems such as Skrill or Neteller. It's cheaper and quite faster than bank transfers. Less hassle with tax matters as well.

Yes I agree, Skrill is very cool and easy to use. Good point Tickmill is accepting it as a payment/withdrawal option.  8)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on March 10, 2015, 06:51:35 AM
For in/out operations I prefer to use online payments systems such as Skrill or Neteller. It's cheaper and quite faster than bank transfers. Less hassle with tax matters as well.

Yes I agree, Skrill is very cool and easy to use. Good point Tickmill is accepting it as a payment/withdrawal option.  8)
For me: no Skrill and no Neteller? No party  8)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 10, 2015, 09:01:29 AM
[
For me: no Skrill and no Neteller? No party  8)

I see you're using One Million EA with Tickmill. Are there any changes done in EA or you use it default version?
Thanks. How is the execution?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on March 10, 2015, 09:40:10 AM
[
For me: no Skrill and no Neteller? No party  8)

I see you're using One Million EA with Tickmill. Are there any changes done in EA or you use it default version?
Thanks. How is the execution?
OneMillion EA does not have any setting other than the risk, and i use the higher risk: 1, so 0.01 each 1k
Execution seems to be good, similar to other ECN accounts. I use Tickmill because i had some losses on this account now promptly recovered from OneMillion EA. I think results on other brokers with similar spreads could be very close
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 10, 2015, 02:43:41 PM
It has been a while since we had any significant updates, so here it goes...

we have successfully completed testing 8 new instruments and they are now available for trading on live accounts! The instruments are 7 indices and crude oil:

DE30 - Germany 30 Stock Index – (DAX30)
JP225 - Japan 225 Stock Index – (NIKKEI)
STOXX50 - Europe 50 Stock Index – (EURO STOXX 50)
UK100 - United Kingdom 100 Stock Index – (FTSE100)
US30 - USA Wall Street 30 Stock Index – (DJIA30)
US500 - USA SPX 500 Stock Index – (SP500)
USTEC - USA Technology 100 Stock Index – (NASDAQ)
WTI - USA WTI Crude Oil


Regarding banks, it is related to the fact that we are not registered in SEPA region, but we are working on making a convenient SEPA bank account available to our EU clients and I will definitely keep you updated regarding that.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: stephane on March 11, 2015, 05:24:54 AM
It has been a while since we had any significant updates, so here it goes...

we have successfully completed testing 8 new instruments and they are now available for trading on live accounts! The instruments are 7 indices and crude oil:

DE30 - Germany 30 Stock Index – (DAX30)
JP225 - Japan 225 Stock Index – (NIKKEI)
STOXX50 - Europe 50 Stock Index – (EURO STOXX 50)
UK100 - United Kingdom 100 Stock Index – (FTSE100)
US30 - USA Wall Street 30 Stock Index – (DJIA30)
US500 - USA SPX 500 Stock Index – (SP500)
USTEC - USA Technology 100 Stock Index – (NASDAQ)
WTI - USA WTI Crude Oil


This is nice. Actually there was already a lot of pairs to trade on your platform ( a lot more that what I may watch) , but oil was missing. I am glad you added that one, all the more as it is so nicely correlated with USDCAD.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 11, 2015, 07:16:08 AM

OneMillion EA does not have any setting other than the risk, and i use the higher risk: 1, so 0.01 each 1k
Execution seems to be good, similar to other ECN accounts. I use Tickmill because i had some losses on this account now promptly recovered from OneMillion EA. I think results on other brokers with similar spreads could be very close

Such an aggressive risk with automated software ??? Have you done any backtesting of the EA on demo or implemented it straight on real account?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Hansen on March 11, 2015, 07:50:58 AM
On topic: let me say I've traded with Armada and now Tickmill for a long time. Always liked them and I just withdrew slightly over 8000 USD. Not a massive amunt but withdrawal was smooth. Only nick I could have with them is that they are not regulated more strictly, but I'm guessing they are considering their options as they seem to continue to grow.
btw I am no no way affiliated and have accounts with GP, FXCM, HF, FXOpen, Axi and Oanda ;)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on March 11, 2015, 08:08:56 AM

OneMillion EA does not have any setting other than the risk, and i use the higher risk: 1, so 0.01 each 1k
Execution seems to be good, similar to other ECN accounts. I use Tickmill because i had some losses on this account now promptly recovered from OneMillion EA. I think results on other brokers with similar spreads could be very close

Such an aggressive risk with automated software ??? Have you done any backtesting of the EA on demo or implemented it straight on real account?
It is a signal service based on Manual trading so is not possible to BT it. I am jump ed directly on real and Till now happy. Better to speak Of this in the appropriate thread
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 13, 2015, 12:19:35 PM
There is a small update for our European traders.

Following popular demand, as of today, we no longer use bank accounts outside the Single Euro Payment Area - all of our bank accounts now support SEPA, so all who preferred wire transfer as their method of choice for deposits/withdrawals can cantinue doing so with no extra hassle.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ingonicole on March 14, 2015, 06:34:51 AM
First i would like to say im quite happy with Tickmill.
But thursday was the first time i was missing 2  trades which i got on my demo account at ic markets.
The MT4 journal got the following errors:

2015.03.12 21:41:43.737    'xxx': order sell market 0.45 EURUSD sl: 1.06959 tp: 1.05857
2015.03.12 21:38:18.706    'xxx': order sell market 0.45 EURUSD sl: 1.06963 tp: 1.05860
2015.03.12 21:34:57.793    'xxx': order sell market 0.45 EURUSD sl: 1.06984 tp: 1.05882
2015.03.12 21:34:57.497    'xxx': order sell 0.45 EURUSD opening at market sl: 1.06972 tp: 1.05872 failed [Trade timeout]
2015.03.12 21:31:36.491    'xxx': order sell market 0.45 EURUSD sl: 1.06972 tp: 1.05872
2015.03.12 21:31:34.447    'xxx': order sell 0.45 EURUSD opening at market sl: 1.06977 tp: 1.05875 failed [Trade timeout]

I contacted the support and they say it is my internet connection - but live accout and ic markets run both on the same system.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 14, 2015, 11:54:34 AM
I use only Neteller or Skrill to fund accounts.
why this? You pay 1% withdrawal fees for Skrill and 2% for Neteller to Tickmill. Then you additionally pay withdraw fees of 7.50EUR for local bank withdrawal to Neteller and 2.95EUR to Skrill incl. an additional 1 business day waiting time.

Only funding/withdraw from Tickmill to Neteller/Skrill is faster, but at the end you want your money in your bank or not? The whole process should take even longer than via bank.

In addition, you increase the risk of your funds by passing them to a potentially unsafe 3rd party eWallet.

SEPA funding takes 1 business day and doesn't cost any fees. SEPA withdraw costs 10EUR fixed fee to Tickmill.

I also do only direct bank or VISA transfers to/from brokers, because i want to have a verifyable track record for tax authorities without any 3rd party between. German tax authorities don't like potentially faked MT4 statements.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 15, 2015, 07:46:25 AM
I use only Neteller or Skrill to fund accounts.
why this? You pay 1% withdrawal fees for Skrill and 2% for Neteller to Tickmill. Then you additionally pay withdraw fees of 7.50EUR for local bank withdrawal to Neteller and 2.95EUR to Skrill incl. an additional 1 business day waiting time.

Only funding/withdraw from Tickmill to Neteller/Skrill is faster, but at the end you want your money in your bank or not? The whole process should take even longer than via bank.

In addition, you increase the risk of your funds by passing them to a potentially unsafe 3rd party eWallet.

SEPA funding takes 1 business day and doesn't cost any fees. SEPA withdraw costs 10EUR fixed fee to Tickmill.

I also do only direct bank or VISA transfers to/from brokers, because i want to have a verifyable track record for tax authorities without any 3rd party between. German tax authorities don't like potentially faked MT4 statements.

These are valid arguments, but in my case I don't want my bank to know that I'm Forex trader. Sometimes and somewhere this additional 1-2% of fee may save you from dozens of questions, especially where Fx trading is not in line with financial rules
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 16, 2015, 09:28:12 AM

First i would like to say im quite happy with Tickmill.
But thursday was the first time i was missing 2  trades which i got on my demo account at ic markets.
The MT4 journal got the following errors:

2015.03.12 21:41:43.737    'xxx': order sell market 0.45 EURUSD sl: 1.06959 tp: 1.05857
2015.03.12 21:38:18.706    'xxx': order sell market 0.45 EURUSD sl: 1.06963 tp: 1.05860
2015.03.12 21:34:57.793    'xxx': order sell market 0.45 EURUSD sl: 1.06984 tp: 1.05882
2015.03.12 21:34:57.497    'xxx': order sell 0.45 EURUSD opening at market sl: 1.06972 tp: 1.05872 failed [Trade timeout]
2015.03.12 21:31:36.491    'xxx': order sell market 0.45 EURUSD sl: 1.06972 tp: 1.05872
2015.03.12 21:31:34.447    'xxx': order sell 0.45 EURUSD opening at market sl: 1.06977 tp: 1.05875 failed [Trade timeout]

I contacted the support and they say it is my internet connection - but live accout and ic markets run both on the same system.

Are you using a vps? I haven't seen trade time out error since ages. On any broker I use tbh.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on March 18, 2015, 06:01:56 PM
I use only Neteller or Skrill to fund accounts.
why this? You pay 1% withdrawal fees for Skrill and 2% for Neteller to Tickmill. Then you additionally pay withdraw fees of 7.50EUR for local bank withdrawal to Neteller and 2.95EUR to Skrill incl. an additional 1 business day waiting time.

Only funding/withdraw from Tickmill to Neteller/Skrill is faster, but at the end you want your money in your bank or not? The whole process should take even longer than via bank.

In addition, you increase the risk of your funds by passing them to a potentially unsafe 3rd party eWallet.

SEPA funding takes 1 business day and doesn't cost any fees. SEPA withdraw costs 10EUR fixed fee to Tickmill.

I also do only direct bank or VISA transfers to/from brokers, because i want to have a verifyable track record for tax authorities without any 3rd party between. German tax authorities don't like potentially faked MT4 statements.

These are valid arguments, but in my case I don't want my bank to know that I'm Forex trader. Sometimes and somewhere this additional 1-2% of fee may save you from dozens of questions, especially where Fx trading is not in line with financial rules
quite similar situation with me. I keep using skrill and one local epayment (fasapay) with tickmill. my country regulator not quite friendly when it's come to any foreign brokerage company. some brokers website are got access blocked (ISP block), and the bank getting more cautious when it's come any wire transaction above 50k, I need to fill some documents and had to describe the origin of thus money, some times I put an online business on it, or an online job payment.. etc, otherwise they will demand higher tax, or even freeze (my worries) my bank account when knowing it's comes from foreign brokerage company.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 18, 2015, 08:38:44 PM
spread spikes today http://www.donnaforex.com/forum/index.php?topic=13404.msg335647#msg335647 (http://www.donnaforex.com/forum/index.php?topic=13404.msg335647#msg335647)

Anyone know the current spread caps on tickmill? This is the list from Aug2014 http://www.donnaforex.com/forum/index.php?topic=5718.msg277974#msg277974 (http://www.donnaforex.com/forum/index.php?topic=5718.msg277974#msg277974)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 18, 2015, 09:36:03 PM
spread spikes today http://www.donnaforex.com/forum/index.php?topic=13404.msg335647#msg335647 (http://www.donnaforex.com/forum/index.php?topic=13404.msg335647#msg335647)

Anyone know the current spread caps on tickmill? This is the list from Aug2014 http://www.donnaforex.com/forum/index.php?topic=5718.msg277974#msg277974 (http://www.donnaforex.com/forum/index.php?topic=5718.msg277974#msg277974)

No broker should ever implement spread caps as it essentially means they are creating a false market that does not really exist. If you want spread caps go trade with a fixed spread broker. If you were trading stocks you will never see a cap on bid offer limits so why should you see it in forex?

Its up to traders to properly manage positions.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 18, 2015, 09:39:34 PM
Don't think the cap is still in place since from your chart pips of 8 were seen? Your cap was 3.9...

Think tickmill just had more liquidity at that time then synergy... A bit high Synergy compared to Tickmill and ICM
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on April 06, 2015, 01:25:13 PM
Our CEO has given an overview of our experience with CFDs so far, our plans and goals for 2015 as well as some commentary on CHF  volatility in January and exotic currency pairs. You can read the interview here:

http://www.financemagnates.com/executives/interview/tickmills-ceo-sudhanshu-agarwal-talks-cfd-outlook-in-africa/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on April 07, 2015, 12:13:50 PM
Following popular demand (from some regions) - WebMoney is now available for deposits and withdrawals for USD and EUR accounts on English and Russian language versions of our website.
WebMoney does not support GBP, so accounts with British Pound as their base currency will not be able to take advatage of this new feature.

Some other interesting projects are soon to follow as well!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: lupynx on April 08, 2015, 06:51:06 AM
I was disconnected several times for a minute or so. It's very annoying.

What happened?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on April 09, 2015, 09:43:09 AM
In case you experience these issues regularly, re-installing the MT4 terminal usually resolves these kinds of issues. It may also be an issue with your own network connection, especially if you are on a mobile network like 3G/4G.
If re-installing the terminal does not work, please refer to our support@tickmill.com so we could troubleshoot you issue individually.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: GTO on March 19, 2015, 02:10:07 PM
@Tickmill, why the spread of xauusd is not fix 10 pips anymore? i monitor the spread is around 15-20 pips, this should not happen as you promise that the spread is 10 pips fix!

Mr.GTO  >:(
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 19, 2015, 03:31:52 PM
I hope I will answer two recent questions in one go.

We do not have any spread caps, it depends entirely on the market movement. During news, spreads can rocket sky-high, and if the spreads are capped below the actual market level, we as a company would be suffering a loss, as we would need to compensate the gap. Being a transparent direct market access broker comes with real-time spreads directly from the market, regardless how high or low they may be. This is our philosophy, so please take it into consideration when trading.

As far as fixed spread for gold is concerned, I do not recall that TICKMILL ever promised anything like that. The spread is typically around 10, that is true, but again that is not something we can easily affect. What Mr.GTO may be referring to are fixed spread accounts that ARMADA MARKETS used to offer, but they were dismissed months before Tickmill took over.

To clear any misunderstanding, at the moment we only offer accounts with varying spreads for all instruments.
All updates regarding anything will be posted here as soon as they become available, so stay tuned!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 19, 2015, 07:31:38 PM
i would prefer to have the spread caps back. Big advantage for EA traders, as they always know the max spread risk and can let it run 24x7h.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Dirksen05 on March 20, 2015, 06:55:36 AM
Is there any news on when Tickmill will start to offer SGD accounts?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 20, 2015, 06:45:02 PM
i would prefer to have the spread caps back. Big advantage for EA traders, as they always know the max spread risk and can let it run 24x7h.

Think at the time they were negotiated with the single LP they used. They are using more LP's now and I think that is hardly possible now.

We all know people like max profitability with lowest risk. but the truth is in FX the risk is high so is the reward. Things like capped spreads and negative balance protection are naive things to wish for form an A book broker.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 22, 2015, 09:23:46 AM
i would prefer to have the spread caps back. Big advantage for EA traders, as they always know the max spread risk and can let it run 24x7h.

Think at the time they were negotiated with the single LP they used. They are using more LP's now and I think that is hardly possible now.

We all know people like max profitability with lowest risk. but the truth is in FX the risk is high so is the reward. Things like capped spreads and negative balance protection are naive things to wish for form an A book broker.

Even with spread caps your risk exposure won't be reduced significantly. Slippage caps is something that ticks my fancy most.  :) But of course it's ridiculous to expect this feature from respectable fx brokers (don't talk about market makers with their innovations).

Is there any news on when Tickmill will start to offer SGD accounts?

They're rolling out their new features gradually (CFD's have been introduced lately) so I guess SGD accounts should come in a couple of weeks or a month. Let's wait for Tickmill rep response on that matter.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: cyberryder on March 22, 2015, 04:26:41 PM
Even with spread caps your risk exposure won't be reduced significantly. Slippage caps is something that ticks my fancy most
mmmh both impacts your trading costs. Only difference is that your EA knows the spread spike before placing a trade and can avoid it. The EA can't however avoid high slippage.

Therefore i agree, a slippage cap is more interesting.

Doesn't interest me if it's naive or not. Businesses will supply what customers want, AS LONG as they can make enough money - this is often the only problem. Of course it is naive, with the current business modell of A-Book. Maybe we need something else today.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 23, 2015, 08:45:16 AM
Even with spread caps your risk exposure won't be reduced significantly. Slippage caps is something that ticks my fancy most
mmmh both impacts your trading costs. Only difference is that your EA knows the spread spike before placing a trade and can avoid it. The EA can't however avoid high slippage.

Therefore i agree, a slippage cap is more interesting.

Doesn't interest me if it's naive or not. Businesses will supply what customers want, AS LONG as they can make enough money - this is often the only problem. Of course it is naive, with the current business modell of A-Book. Maybe we need something else today.

Bringing in the slippage cap would run counter to market foundations, namely the law of supply and demand, and "next best price" principle. Slippage caps is possible on paper and subject to absolute liquidity available at any time. It's not a broker prerogative to set slippage on trades (not taking into account market makers) and offering that feature they would run huge risks of making perfect executions at their own expenses.


Cyberrider there is question for you: If Tickmill introduced 40 pips fix spread on EUR/USD and NO slippage would you for that deal?? :)
I definitely would hold that account, for certain trades  ;)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 24, 2015, 12:16:52 PM
We do plan to implement SGD as possible account currency along with some others as well (eg. PLN and AUD are on the list). However, this project is still in its early stages, so I cannot promise any deadlines here.

We try to provide market access to our traders "as is", with least possible intervention or manipulation from our side. Providing caps implies that we either raise spreads, or manipulate trades in other ways to insure we as a company don't suffer any loss from unexpected volatile market movement. We prefer to keep it simple and transparent, for that reason we decided not to go with fixed spread accounts.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: GTO on March 24, 2015, 01:12:56 PM
And why are you charge commission? for xauusd you markup tthe spread and charge commission, really something huh >:(

Mr.GTO :o
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 24, 2015, 02:18:00 PM
We have 2 account types suitable for different strategies. On Exchange account you get raw ECN spread from our liquidity providers and there we indeed charge commission. On Classic account there is a markup of around 1.2, but no commission is charged. In other words we either mark up the spread a little or charge commission, but not both at once. 

Gold is an extremely volatile instrument and its spreads are generally much higher than spreads for currency pairs. Since we use several different liquidity providers, the average spread that we offer to our clients in the end may vary from whatever single source you may have.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 24, 2015, 02:55:55 PM
And why are you charge commission? for xauusd you markup tthe spread and charge commission, really something huh >:(

Mr.GTO :o

They have two commission schemes spread+markup and raw spread+comission. Seems you mixed up things there.

Here is their spread on gold http://www.myfxbook.com/forex-broker-spreads/tickmill-XAUUSD-real-spread/2512,51 (http://www.myfxbook.com/forex-broker-spreads/tickmill-XAUUSD-real-spread/2512,51)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: GTO on March 25, 2015, 07:27:49 AM
Can you explain this to me. :(
(attachment)

Mr.GTO 8)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 25, 2015, 10:42:48 AM
Can you explain this to me. :(
(attachment)

Mr.GTO 8)

I would have a surprised look too if didn't know what is spread WIDENING.  :)
Gold is very peculiar type of asset (I mean different from currencies). It's quite liquid, but because of volatility spreads are a bit higher there.
It's frustrating but volatility on gold never made this instrument easy to trade, especially with slippage and spreads widenings on it.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 25, 2015, 11:38:38 AM
Can you explain this to me. :(
(attachment)

Mr.GTO 8)

Welcome to an A broker.. Spreads fluctuate and are not fixed.. During news we get EURUSD spreads of 8 pips or so.. Which is nothing abnormal.

So what do you need explaining? What normal spread behavior is?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: GTO on March 25, 2015, 12:51:49 PM
Can you explain this to me. :(
(attachment)

Mr.GTO 8)

I would have a surprised look too if didn't know what is spread WIDENING.  :)
Gold is very peculiar type of asset (I mean different from currencies). It's quite liquid, but because of volatility spreads are a bit higher there.
It's frustrating but volatility on gold never made this instrument easy to trade, especially with slippage and spreads widenings on it.

Look drunk i truly understood what spread WIDENING is but  to have high spread and a commission is what i cannot accept.Pepperstone charge 30 point and no commission  at their ECN Platform(Razor Account),so why is Tickmill replacing Armada with a high spread and commission, they surely can follow  Armada with 10 pips fix with commission, that i can digest.So why not 10 pips with a commission, Tickmill?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: GTO on March 25, 2015, 12:53:36 PM
Can you explain this to me. :(
(attachment)

Mr.GTO 8)

Welcome to an A broker.. Spreads fluctuate and are not fixed.. During news we get EURUSD spreads of 8 pips or so.. Which is nothing abnormal.

So what do you need explaining? What normal spread behavior is?


10 pips or lower fix with no commission ;)

Mr.GTO 8)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 25, 2015, 01:06:10 PM
Ok. So you want an utopic world. Just a quick spread comparison between a few brokers using myfxbook spread.

Cheapest synergyfxhybrid most of the time avg 16
Tickmill avg 17.1
ICM 17.1
Axitrader pro 23.7
Global prime 19.8
Pepperstone 29.2

These are all commission accounts so the lowest spreads accounts.

So you are just asking irrealistic conditions that no lp seems to offer to the brokers. Brokers can only quote the prices they receive. 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: GTO on March 25, 2015, 01:39:57 PM
Ok. So you want an utopic world. Just a quick spread comparison between a few brokers using myfxbook spread.

Cheapest synergyfxhybrid most of the time avg 16
Tickmill avg 17.1
ICM 17.1
Axitrader pro 23.7
Global prime 19.8
Pepperstone 29.2

These are all commission accounts so the lowest spreads accounts.

So you are just asking irrealistic conditions that no lp seems to offer to the brokers. Brokers can only quote the prices they receive.


Aaah i see,thanks for the explaination ;)

Mr.GTO 8)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: SpreadGuy on March 28, 2015, 03:42:55 PM
Okay, 17.1 pips on Tickmill. But what is the pip value for XAU/USD one 1.0 lot? 10 USD? So opening 1.0 lot on XAU/USD will cost me 171 bucks? Clear out this please.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 28, 2015, 10:53:56 PM
Okay, 17.1 pips on Tickmill. But what is the pip value for XAU/USD one 1.0 lot? 10 USD? So opening 1.0 lot on XAU/USD will cost me 171 bucks? Clear out this please.

I suggest you email them or ask them on live chat, that way you can be assured that the correct answer to your question is provided.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: WiZARD on March 31, 2015, 12:17:46 PM
yeahh, they have reduced the leverage on 25 pairs, to 1:10  :( >:(
http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/ (http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/)

I think it is really time to leave and forget this broker. Any suggestions?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: semaj on March 31, 2015, 12:56:36 PM
Sounds like another sequela from the bloody Swiss cheese.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tyler on March 31, 2015, 01:10:51 PM
do you really need to trade this pairs??  :-\
yeahh, they have reduced the leverage on 25 pairs, to 1:10  :( >:(
http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/ (http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/)

I think it is really time to leave and forget this broker. Any suggestions?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 31, 2015, 01:15:54 PM
yeahh, they have reduced the leverage on 25 pairs, to 1:10  :( >:(
http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/ (http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/)

I think it is really time to leave and forget this broker. Any suggestions?

It is highly likely they lost money due to clients excessive exposure in exotics, hence the leverage change.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: WiZARD on March 31, 2015, 02:03:22 PM
do you really need to trade this pairs??  :-\
yeahh, they have reduced the leverage on 25 pairs, to 1:10  :( >:(
http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/ (http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/)

I think it is really time to leave and forget this broker. Any suggestions?

yes.
I had this small mt4 account only to trade eurhuf (and play with some EA's)
Otherwise I have a dukascopy account...
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on March 31, 2015, 06:37:05 PM
do you really need to trade this pairs??  :-\
yeahh, they have reduced the leverage on 25 pairs, to 1:10  :( >:(
http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/ (http://www.tickmill.com/company-news/leverage-reduction-on-exotic-fx-pairs/)

I think it is really time to leave and forget this broker. Any suggestions?

yes.
I had this small mt4 account only to trade eurhuf (and play with some EA's)
Otherwise I have a dukascopy account...

They are smart to get rid of the pairs with less liquidity which are prone to gapping. No one in their right mind would trade these anyway.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on March 31, 2015, 08:49:44 PM
Yeah got mail from other brokers too to reduce the leverage on dangerous pairs. Luckily they are very exotic.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on April 14, 2015, 02:01:16 PM
Our Introducing Broker (IB) program has been successfully tested and is now fully available to everyone interested. To get in the IB Room you just need to login with your account and select it from the Client Area. If you are not a client with us yet, you will eed to register yourself a trading account first, before becoming an IB, as the commission will be paid there. It will be available both for trading and withdrawal, whatever you desire. You can register for an account here (https://secure.tickmill.com/redirect/index.php?oid=28&lp=https%3A%2F%2Fsecure.tickmill.com%2Ftrader%2Findex.php%3Ftask%3D1050).
If you have any problems with registering for IB, you can PM me or email our support for help.

Also we have implemented WebMoney as a new deposit/withdrawal option. This option is currntly available on English and Russian versions of our website for USD and EUR accouns.

More news to come!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on April 16, 2015, 12:49:58 PM
Going back to the recent discussion about exotic currencies - the leverage has been lowered on those pairs because those currencies are in short demand and it is difficult to get enough liquidity with big leverage. All other reasons suggested by you guys are also true, but to a lesser extent.

On a related topic - USDRUB is available for trading once again! Anyone brave enough?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on April 30, 2015, 04:55:18 PM
The following CFDs on stock indices will be closed for trading all day tomorrow (May 1, 2015) due to May Day Holiday:

DE30 - Germany 30 Stock Index
HK50 - Hong Kong 50 Stock Index
STOXX50 - Europe 50 Stock Index

Trading in the above CFDs will resume on Monday at regular time.

Due to holidays European session tomorrow will likely be less liquid.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on May 04, 2015, 03:21:05 PM
Quote from: Zuttasoxx link=msg=337676 date=1427831384

Yeah got mail from other brokers too to reduce the leverage on dangerous pairs. Luckily they are very exotic.

never trade with them anyway. :). plan to give a try with tickmill WTI price, got lucky to had some friend are currently build an EA based on oil price. seem promising entry system, forward tested.
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fi.imgur.com%2FwbBftxe.jpg&hash=593979dfdd9424391e75b96468a385a5)

stop order, both sides.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ochosama on May 05, 2015, 11:42:46 PM
Hi traders,

I was about to deposit some funds today when I realised, just after i entered my debit card 16 digits that the "about us" link at the bottom of the page redirected me to a completely different broker website (namely priorfx, registered in Cyprus)

I am usually not the paranoid type but I'm wondering if the website is legit or if I could be a victim of phishing. Your feedback would be greatly appreciated

Thank you
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Turtle on May 06, 2015, 05:20:53 AM
I have a Tickmill account.

There is no redirection when I click the link.

Cheers,
FxTurtle

Quote from: ochosama link=msg=339513 date=1430865766

Hi traders,

I was about to deposit some funds today when I realised, just after i entered my debit card 16 digits that the "about us" link at the bottom of the page redirected me to a completely different broker website (namely priorfx, registered in Cyprus)

I am usually not the paranoid type but I'm wondering if the website is legit or if I could be a victim of phishing. Your feedback would be greatly appreciated

Thank you
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: ochosama on May 06, 2015, 08:02:53 AM
Hi Fxturtle,

I think my post was not clear enough,  sorry about this.

First I logged into the client area and then clicked on "deposit".  On the following page,  I had different deposit options,  I clicked on  debit/credit card. On the following page,  I had to enter the 16 digits, CVV code etc...

On that same page,  before submitting my card details,  I scrolled down and clicked on "about us".  This is when I ended up on the prior fx website....

I hope this is more clear :-)

Thanks for your help
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on May 07, 2015, 08:49:07 AM
Please contact our support as soon as possible and send screenshots so we could address this issue. As far as we have checked there are no redirects to third-party brokers on that page, or any other page for that matter. We take security very seriously and would like to help you get to the bottom of things here!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: peleus on May 14, 2015, 05:25:42 AM
Hi, what are the support hours? Is it 24/7? (https://imagicon.info/cat/3-5/1.gif)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on May 14, 2015, 12:32:02 PM
Quote from: peleus link=msg=339966 date=1431577542

Hi, what are the support hours? Is it 24/7? (https://imagicon.info/cat/3-5/1.gif)

Hi! We provide support 08:00 - 21:00 CET working days via email, skype and livechat on our website. Feel free to contact!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Q1200GS on May 20, 2015, 07:29:53 PM
From todays chat: "Unfortunately currently we don't open accounts to European Union citizens. In order to facilitate the geographic expansion, Tickmill is currently in the process of obtaining the European Union investment firm licence".
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hashim on May 26, 2015, 08:20:42 AM
Quote from: ochosama link=msg=339544 date=1430895773

Hi Fxturtle,

I think my post was not clear enough,  sorry about this.

First I logged into the client area and then clicked on "deposit".  On the following page,  I had different deposit options,  I clicked on  debit/credit card. On the following page,  I had to enter the 16 digits, CVV code etc...

On that same page,  before submitting my card details,  I scrolled down and clicked on "about us".  This is when I ended up on the prior fx website....

I hope this is more clear :-)

Thanks for your help



by using the CC method, you should redirect at different page safeguard dot com, perhaps there's the problem comes. I believe these website are a companie who do process cc payment for various companies including tickmill.
perhaps they using a same website template for any companies who use their service and forgot to remove the link.
just my guess got from a trial on my cabinet do some test deposit using CC, I do really mean a test since my country are so lame and never allow and linked any international payment using credit card.
otherwise you can simply contact their support, use the skype so you can share the screen with them.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rockit on June 17, 2015, 09:01:49 PM
Hello Tickmill!
Can I has MT5, please?
MT4 is an anchronistic bug, now over 10 years old, ready to be put to grave.
Why most of this industry is refusing technical advance? Imagine if we'd all still use 10 years old GSM phones instead of smartphones?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 18, 2015, 03:21:20 PM
Good point there. We have a lot of projects at hand at the moment and for now switching to a different trading platform is not on the agenda. We are planning to do something with the trading platform at some point, but no exact plans for it yet.
I would really like to get your opinion on this - what are your arguments for switching to MT5? Do you think it will be just as easy to get started for newbie traders? Any other platforms you used and liked more than MT4?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rockit on June 18, 2015, 08:08:28 PM
Quote from: Tickmill date=1434637280 link=msg=341328

I would really like to get your opinion on this - what are your arguments for switching to MT5? Do you think it will be just as easy to get started for newbie traders? Any other platforms you used and liked more than MT4?

I am a programmer, so I am more concerned with automation stuff.
However, concerning the GUI, I do not see much difference between MT4/5, so the learning curve is quite similar and in the case of a switch, only minute adaptation would be necessary.

Now, I trade semi-automated and the situation I often face is that I have to add positions (orders) in the same direction and instrument.
At some point I then may want to close all at once.
Now, MT5 is a netting platform and therefore execution time in such a case is constant. However, with MT4, execution time is linear (at best) and thus multiple slippage can occur, and I would lose money from slippage that is against me.

Another thing, is certain objects available in MQL5 (i.e. OBJ_CHART) that are not implemented in MT4, but I would like to use. Right now I have to use an external application with MT4, but I would be more happy with moving such functionality inside the terminal itself. These are only a few things to mention.

CTrader would be also interesting because the vendor offers a stand-alone API now ("Spotware Connect") which would be interesting for custom (semi-) automated trading applications.
However, I would prefer MT5 and with same conditions as with Mt4..




Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Q1200GS on June 21, 2015, 09:59:25 AM
Hello Tickmill!
Any news when EU citizens can open an account?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 25, 2015, 12:12:48 PM
Quote from: Q1200GS link=msg=341400 date=1434877165

Hello Tickmill!
Any news when EU citizens can open an account?


Hi! I can tell that this is our top priority at the moment and we are working hard on it. Things are moving to the right direction for us, but I can't provide with any details and deadlines so far. As you know, it is better to be safe than sorry!
I will keep you up to date. Cheers.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 30, 2015, 02:37:25 PM
A small reminder to all news traders: due to the upcoming national holiday in USA, the Non-Farm Payrolls for June 2015 will be announced by the US government one day earlier than usual - at 12:30 GMT on Thursday, July 2, 2015, so keep your eyes open!
Title: TICKMILL - Live Server Change
Post by: cyberryder on July 12, 2015, 09:35:56 PM
Where is the new server location? My latency out from LD4 has grown from 0.7ms to 18ms and the IP changed.

I could find out they moved to Rackspace
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on July 26, 2015, 04:27:35 AM
Why would they move from NY4 to Rackspace?, this is going backwards as far as I am concerned. No broker hosts their servers in Rackspace.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rodneyp on August 14, 2015, 12:45:16 AM
Any updates on the server move?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: AttilaG on October 29, 2015, 04:58:02 PM
   Fresh Forex regulated in  St Vincent and the Grenadines  ?

       :)  :)  :)  :)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: iwillsurvive on October 30, 2015, 09:00:59 AM
Quote from: AttilaG link=msg=348754 date=1446137882

   Fresh Forex regulated in  St Vincent and the Grenadines  ?

       :)  :)  :)  :)


I have the impression FreshForex is from Russia (has russian owners) but is registered in St Vincent. Several of their Russian stuff have reached out to me on a few occassions. (They speak english of course)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on December 04, 2015, 11:50:42 AM
Our trader of the month contest has revealed November's winner. We were amazed and very happy for his success. Follow his story here (http://www.tickmill.com/trader-of-the-month/november-2015-renmei/)!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Ganza on December 15, 2015, 10:40:23 AM
Quote from: Tickmill link=msg=350077 date=1449229842

Our trader of the month contest has revealed November's winner. We were amazed and very happy for his success. Follow his story here (http://www.tickmill.com/trader-of-the-month/november-2015-renmei/)!

Renmei. the winner of Tickmill Trader of The Month
and he is from china
looking his/her statement
either he is very active trader.or he is trading with semi martingale methode.
and i wanna ask you anyway. do Tickmill have PAMM program?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on January 19, 2016, 12:11:16 PM
We do not offer PAMM accounts at the moment, but we actually have a Multi Account Manager partnership program, you can read about it here (http://www.tickmill.com/partnerships/multi-account-manager/).
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Ganza on January 27, 2016, 03:25:37 PM
Quote from: Tickmill link=msg=351483 date=1453205476

We do not offer PAMM accounts at the moment, but we actually have a Multi Account Manager partnership program, you can read about it here (http://www.tickmill.com/partnerships/multi-account-manager/).


just read your MAM web pages and i shocked read your TOS for Money Manager
if i wanna open a MAM account i must provide a 3 months trading statement and minimal deposit is $5000?
in other company , especially some of company who offer pamm account, they do not have strict conditions like this?
intrested to lower it a bit and change the requirement so traders do not need to provide trading statement?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JulioPipo on February 04, 2016, 09:21:59 PM
Quote from: Tickmill link=msg=351483 date=1453205476

We do not offer PAMM accounts at the moment, but we actually have a Multi Account Manager partnership program, you can read about it here (http://www.tickmill.com/partnerships/multi-account-manager/).



Why would I have to show the 3 month statement to Tickmill? So that they would know that I actually know how to trade?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: 999cjb on February 04, 2016, 09:29:24 PM
Quote from: JulioPipo link=msg=352155 date=1454620919

Quote from: Tickmill link=msg=351483 date=1453205476

We do not offer PAMM accounts at the moment, but we actually have a Multi Account Manager partnership program, you can read about it here (http://www.tickmill.com/partnerships/multi-account-manager/).



Why would I have to show the 3 month statement to Tickmill? So that they would know that I actually know how to trade?


The conditions advertised are for the MAM master trader and in my opinion are quite reasonable. Clients joining the MAM will not need to meet these requirements.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JulioPipo on February 13, 2016, 07:45:35 PM
Does anybody know what strategy is this guy using?
http://www.tickmill.com/contests/trader-of-the-month/january-2016-agus-salim/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 02, 2016, 01:27:01 PM
We have recently removed the requirement for the three month trading statement from the MAM manager requirements. The requirement to deposit 5000 USD of own money is still there. That is enough of an insurance for investors in our opinion, as the MAM master will be motivated to do their best to trade successfully, as a considerable amount of their own funds is in the line.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: odysseus11 on March 02, 2016, 01:50:56 PM
is there any way to see what these monthly winners had for results beyond the single month when they got lucky and used high leverage and no SLs on volatile pairs?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JulioPipo on March 02, 2016, 09:50:27 PM
I think in a low volatility sideways market a lot of martingale strategies can earn very good money. Hence the almost vertical chart for this GBP/AUD guy. I wonder how he did with recent volatility in this pair.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 09, 2016, 12:52:05 PM
The traders have agreed to provide only their winning month's statement. Whatever strategy they may be using, most of them, however, continue to trade actively and profitably, with just a couple of unfortunate exceptions (not to point any fingers).

Since we have touched upon the topic of choosing the right strategy, I would advise you to check out our blog (http://blog.tickmill.com/), for fundamental and technical anlysis from our experts. It gives good insight into the global processes that make the market move, so you may be able to benefit from that knowledge. You can find it here:

http://blog.tickmill.com/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Ganza on March 23, 2016, 06:53:33 PM
one short question for tickmill rep

i saw you know provide swap free account for moslem trader.
do you have any terms so your clients allowed to use free swap account. is he/she must be a moslem. or anyone can request it?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 28, 2016, 08:52:10 AM
Yes, we do provide Islamic Swap-free Accounts, and yes, the trader needs to be of muslim faith in order to use it. Please see the User Agreement (http://www.tickmill.com/wp-content/uploads/Islamic-Account-Agreement.pdf) for more details.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Ganza on April 05, 2016, 10:35:04 PM
Quote from: Tickmill link=msg=353632 date=1459151530

Yes, we do provide Islamic Swap-free Accounts, and yes, the trader needs to be of muslim faith in order to use it. Please see the User Agreement (http://www.tickmill.com/wp-content/uploads/Islamic-Account-Agreement.pdf) for more details.

are there any fees you charge instead of swaps? Couldn’t find it in user agreement..

http://www.tickmill.com/campaigns/gold-rush/

I wonder how are you going to deliver bullions to clients? Or they credited in the form of funds to trading account?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on April 14, 2016, 11:12:28 AM
You couldn't find it in the user agreement, because there are no additional fees instead of swaps. The accounts have exactly the same properties, commissions and spreads, just without swaps for overnight positions. As simple as that. All Muslim traders are welcomed to try it out!

The gold bars will be sent to the winners' address, it will be actual physical prizes, not a credit bonus or equivalent on the trading account.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: growing_mark on April 28, 2016, 04:28:41 PM
hello Tickmill, Is Welcome account campaign still available?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JulioPipo on May 11, 2016, 10:20:12 PM
Does anybody know when is Tickmill going to start accepting European clients? I have started to receive a lot of slippage from my current broker and would be very interested to join Tickmill forex broker.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on May 13, 2016, 12:44:16 PM
The Welcome Account is still available to new traders, you can find it on our homepage under Start Trading --> Welcome Account.

I am glad to see your interest in our services! As far as Europe goes, we are working on it and I will post here as soon as it becomes available. We cannot give any exact timeframes concerning this yet. Keep following this thread and be the first to know when it happens.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Ganza on May 17, 2016, 03:07:04 AM
Quote from: Tickmill date=1463139856 link=msg=354748

The Welcome Account is still available to new traders, you can find it on our homepage under Start Trading --> Welcome Account.

I am glad to see your interest in our services! As far as Europe goes, we are working on it and I will post here as soon as it becomes available. We cannot give any exact timeframes concerning this yet. Keep following this thread and be the first to know when it happens.


but it is not available for Indonesian . we want to take advantages from this promotional campaign, i mean , free $30 to trade.
And the only Tickmill promotional campaign that we are  , Indonesian. can participate , only Tickmill Demo Contest

come on, Tickmill is somehow, a famous online broker here. so i think tickmill need to create promotional campaign for indonesain
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: growing_mark on May 17, 2016, 03:19:20 PM
Quote from: Tickmill link=msg=354748 date=1463139856

The Welcome Account is still available to new traders, you can find it on our homepage under Start Trading --> Welcome Account.

I am glad to see your interest in our services! As far as Europe goes, we are working on it and I will post here as soon as it becomes available. We cannot give any exact timeframes concerning this yet. Keep following this thread and be the first to know when it happens.

I see in the website a requirement: c. At least a $100 (or equivalent in other currency) deposit must be made to another live account.
however, the below sentence said: "The minimum and maximum profit that can be transferred to or withdrawn from a live account is $30 and $100 respectively"
So do I have to earn at least 100$ to be transfered to live account?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Ganza on June 01, 2016, 05:24:06 AM
Quote from: Tickmill link=msg=354105 date=1460628748

You couldn't find it in the user agreement, because there are no additional fees instead of swaps. The accounts have exactly the same properties, commissions and spreads, just without swaps for overnight positions. As simple as that. All Muslim traders are welcomed to try it out!

The gold bars will be sent to the winners' address, it will be actual physical prizes, not a credit bonus or equivalent on the trading account.



intresting what you said the gold bar will be sent to the winners' adress. Makes me curious . who is charged for shipping and handling fees ? the winners'?or Tickmill?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: donothing_jame on June 03, 2016, 02:44:50 PM
Quote from: growing_mark link=msg=354850 date=1463494760

Quote from: Tickmill link=msg=354748 date=1463139856

The Welcome Account is still available to new traders, you can find it on our homepage under Start Trading --> Welcome Account.

I am glad to see your interest in our services! As far as Europe goes, we are working on it and I will post here as soon as it becomes available. We cannot give any exact timeframes concerning this yet. Keep following this thread and be the first to know when it happens.

I see in the website a requirement: c. At least a $100 (or equivalent in other currency) deposit must be made to another live account.
however, the below sentence said: "The minimum and maximum profit that can be transferred to or withdrawn from a live account is $30 and $100 respectively"
So do I have to earn at least 100$ to be transfered to live account?

I belive that means: you can transfer to normal account if you made profit 30$ and can withdraw with the profit of 100$.
of course, there's other requirements you have to meet such as: provide all respective documents and trade at least 5 standard losts.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: growing_mark on June 07, 2016, 04:34:23 PM
Quote from: donothing_jame link=msg=355282 date=1464961490

Quote from: growing_mark link=msg=354850 date=1463494760

Quote from: Tickmill link=msg=354748 date=1463139856

The Welcome Account is still available to new traders, you can find it on our homepage under Start Trading --> Welcome Account.

I am glad to see your interest in our services! As far as Europe goes, we are working on it and I will post here as soon as it becomes available. We cannot give any exact timeframes concerning this yet. Keep following this thread and be the first to know when it happens.

I see in the website a requirement: c. At least a $100 (or equivalent in other currency) deposit must be made to another live account.
however, the below sentence said: "The minimum and maximum profit that can be transferred to or withdrawn from a live account is $30 and $100 respectively"
So do I have to earn at least 100$ to be transfered to live account?

I belive that means: you can transfer to normal account if you made profit 30$ and can withdraw with the profit of 100$.
of course, there's other requirements you have to meet such as: provide all respective documents and trade at least 5 standard losts.

I also read that: " A withdrawal can be made only from a live account." and really understand what's this mean? while they said we can withdraw with 100$ of profit.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 08, 2016, 10:08:58 AM
The decision to exclude Indonesia from the Welcome Account was made by the management and is based on frequent abuse of this offer from that region.

You have to earn at least $30 to withdraw profit from your Welcome Account and you can withdraw a maximum of $100.

The gold bars will be shipped to the winners at our expense, no fees are paid by the clients.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on June 09, 2016, 10:48:56 AM
My compliments to Tickmill: very good trading conditions and excellent support
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: BMaia69 on June 09, 2016, 11:24:22 AM
It must be a joke.. I Love seychelles..but just to travel !
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: corre971 on June 09, 2016, 03:18:49 PM
If we have to speak about regulation, of course Seychelles regulation means few, but Tickmill has  a great reputation and is difficult to find in other brokers same trading conditions. For example few days ago i was forced to close an ECN account at a well know UK FCA regulated broker because it started to slip like crazy: clearly i was flagged. Few days earlier closed another account at another UK FCA regulated broker. At the last NFP release, another UK FCA regulated broker, with which i still work, disconnected servers for more than 5 minutes. Fortunately i do not trade during NFP
So, i prefer to earn money with a reputable broker also if does not have a great regulation, instead to lose money on a well regulated broker

My post was not supposed to attract customers at Tickmill, but only to say thanks to them for the very good performance i am having there
Of course as usual, everyone has to take his decisions.
I spread my trading capital among many brokers and Tickmill is one of these
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: growing_mark on June 11, 2016, 04:33:15 PM
30$ of profit isnt a big deal. but since it's an easy task, I have another question, do we have to pay any withdraw fee?
and which payment method we can use to withdraw that money?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 13, 2016, 11:24:49 AM
We do not have deposit or withdrawal fees, you can learn more about that all the methods e have on our website, under Start Trading --> Deposit/Withdrawal Options.

As far as withdrawal goes, the general practice is that you can withdraw to the same payment instrument you used to deposit.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: donothing_jame on June 16, 2016, 11:06:26 AM
As I read at Tickmill's infographics:
"Tickmill spreads starting from 0.0 pips
trade from 0,01 lot
leverage up to 1:500
$30 billion trading volume monthly
safe and secure money transfers
scalping, new trading, arbitrage allowed"
I wonder are they all true? is the trading volume of Tickmill that high? Since they're new broker anyway!!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 17, 2016, 03:11:05 PM
Those numbers are true, and I encourage you to give trading with us a try and see for yourself!

In the other news, due to the upcoming referendum in the UK, we expect abnormal volatility on the market and will be making changes to the leverage and margin requirements for certain instruments.

We will lower the leverage for the whole referendum week. This change will affect both existing and new orders.

Starting from market open on June 20 until market close on June 24, our standard leverage rates will be reduced as follows:

all GBP pairs – from 1:500 to 1:25 (4% margin requirement)
all EUR pairs – from 1:500 to 1:100 (1% margin requirement)
UK100 index – from 1:100 to 1:20 (5% margin requirement)
Accounts that do not have a standard leverage setting will have their leverage changed by the same proportion as indicated above.

Depending on the market conditions, we may enforce close-only regime for certain currency pairs or indices. Large accounts that accumulate substantial market exposure may see their account leverage lowered further, subject to prior warning.

Please also consider that Bid/Ask spreads will most likely be considerably wider during market volatility, which could affect even hedged positions.

Because of this change, you may need to close trades or add funds to your account or risk a possible margin closeout if you currently have an open GBP, EUR or UK100 positions with higher levels of leverage and do not have enough funds in your account to cover the increased margin requirements. We strongly advise you to perform the necessary funding actions well in advance, in order to ensure your account will be well funded before the leverage is lowered.

The affected pairs will return to prior leverage levels after the market close on June 24, 2016.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: growing_mark on June 22, 2016, 04:23:14 PM
Thank to Tickmill, i closed all my orders, that's fluctuate week and I would rather stay away from it than trade
will go back to trade next week.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: donothing_jame on June 26, 2016, 04:43:03 PM
http://www.forexpeacearmy.com/public/review/www.tickmill.com
surfing the internet and find this thread. it seems like many traders outhere are believing and choosing Tickmill to trade.
Hope Tickmill will continue to improve their trading condition.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: primi on June 29, 2016, 09:03:55 PM
Anybody with connectivity problems right now? I lost connection with them and can't get it from a number of different locations.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: FunCoupons on June 29, 2016, 09:16:09 PM
Quote from: primi date=1467230635 link=msg=356046

Anybody with connectivity problems right now? I lost connection with them and can't get it from a number of different locations.

Same here no server is available. Client portal is also wipe out. Emailed cs 1hr ago, nothing back yet. Wait it just came back now while typing yr response  :D
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: primi on June 29, 2016, 09:17:24 PM
Mine back also. There was a big ISP outage in LD4 and some other brokers were affected as well. Or so I've heard.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: rockit on June 30, 2016, 03:35:51 PM
Tickmill - when will there be MT5? Now with MT5 supporting hedging mode there is no more argument left to support that crappy, outdated MT4..
Isn't it a peculiar circumstance that you force on your customers a 10+ years old technology?

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 01, 2016, 09:11:24 AM
The outage a few days ago was caused by a connection issue on our ISP's side in London. Everything has been fixed since and we continue working normally.

Quote from: rockit date=1467297351 link=msg=356066

Tickmill - when will there be MT5? Now with MT5 supporting hedging mode there is no more argument left to support that crappy, outdated MT4..
Isn't it a peculiar circumstance that you force on your customers a 10+ years old technology?




I can see your irony here. We are thinking about adding more platform support in the future, among many options, MT5 is clearly the first one we consider, with its wider range of tools to accomodate more elaborate and complex strategies. Right now, however, it is not our priority and there are no deadlines I can provide regarding this. Keep following our thread and be the first to know when we make important updates!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: growing_mark on July 04, 2016, 10:53:00 AM
The demo contest of previous lap June 27 to July 1 has been released.
Only when earning $1,458,165.61 of profit like PavelF, you'll be the first place, however, with the profit of $44,678.6, you are in top 20.
what a great gap! check it out and see you where are your position!
http://www.tickmill.com/contests/forex-demo-race/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: donothing_jame on July 08, 2016, 04:01:56 PM
I'm much interesting with trader of the month contest.
they trade with real money and dont atempt to get reward but earn money.
and b/v live trading is always more difficult than demo, the reward is higher to encourge traders $1000 for the winner.
the result of last month has been released. that guys from Chinese who did the great job.
If you are here, please give us some advice
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: growing_mark on July 13, 2016, 04:09:18 PM
yeah. many brokers now giving award to the best traders as the price to push, encourage them continue to trade.
for good traders, it's just a small sum of money, but the important is they are named in the website
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: donothing_jame on July 18, 2016, 08:08:35 AM
Do you guys remember the gold rush campaign? the final result has been released.
share for those who are looking for the result too.
check and find out you're winner or not
https://tickmill.com/news/meet-the-winners-of-tickmills-gold-rush-campaign/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: growing_mark on July 26, 2016, 09:14:25 AM
Quote from: Tickmill link=msg=356082 date=1467360684

The outage a few days ago was caused by a connection issue on our ISP's side in London. Everything has been fixed since and we continue working normally.

Quote from: rockit date=1467297351 link=msg=356066

Tickmill - when will there be MT5? Now with MT5 supporting hedging mode there is no more argument left to support that crappy, outdated MT4..
Isn't it a peculiar circumstance that you force on your customers a 10+ years old technology?




I can see your irony here. We are thinking about adding more platform support in the future, among many options, MT5 is clearly the first one we consider, with its wider range of tools to accomodate more elaborate and complex strategies. Right now, however, it is not our priority and there are no deadlines I can provide regarding this. Keep following our thread and be the first to know when we make important updates!

I heard that Tickmill's trading volume reached the number of $49.1 billion (USD) in June? for a new name broker like Tickmill, i wonder is it true figure?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Kemsutrader on August 02, 2016, 04:51:51 AM
a good broker with attractive spreads and commission, but the withdraw options are still narrowed. and I dont like their licence very much.
I'll use scalping in this broker, only play long-term trading if I wont be losing money ridiculous at least a year!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on August 02, 2016, 09:27:43 AM
Growing_mark:
We can confirm that the latest trading volume of $49.1 billion (USD) in June is accurate. You can get detailed information about it in the industry news sites such as Leaprate, Yahoo Finance, MarketWatch and CollabTec.
Tickmill has been in the FX industry for two years, but thanks to our loyal customers we have been able to reach such heights. We have gotten two prestigious awards for our work - “The Most Trusted Forex Broker” and “The Best ECN/STP Broker" for the year 2015-2016, which shows people that we can be trusted.

Kemsutrader:
Tickmill has all the most popular withdraw methods included and we are continuing to work on adding more. Could you please elaborate, which withdrawal method you are talking about, and we can see, if we can add it to our list. :)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: primi on August 15, 2016, 09:21:24 PM
I just thought I'd drop in to say that Tickmill IT guys helped solve my VPS related problem very efficiently today. They worked with my VPS provider to pinpoint the problem and once they got involved it was fixed in no time at all. Not sure what it was and I'm not sure I'd understand even if I asked. I know their regulation/licence may not be the best out there, but so far I have zero complaints, trading conditions are good and IT guys know their business. May it long continue.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: SimpleTrader on August 16, 2016, 03:21:50 PM
It looks like the minimum lot size for the symbol XAUUSD suddenly increased from 0.01 to 0.1 last Friday 12/08, did anyone else experience this issue? I have several accounts with them and only 2 of them were affected so it looks like the issue didn't impact all of their servers. Tickmill resolved the problem over the weekend and the minimum lot size on XAUUSD is back to normal now but trying to open less than 0.1 lot on XAUUSD would have resulted in opening 0.1 lot last Friday. This was the case for my EA which opened 0.01 lot but 0.1 lot was opened instead because of the server change. This resulted in loss magnified by 10x which I did not notice until after the event. Tickmill are denying any responsibility for the loss but acknowledged the server issue. Does anyone else think this is slightly unfair?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: SimpleTrader on August 17, 2016, 03:39:05 PM
Here is a transcript of my communication with Tickmill on this issue. I am curious to know what others think about it. Should Tickmill be liable for any compensation in this case?

Me:
It appears the minimum lot size and lot step for the symbol XAUUSD has suddenly been increased from 0.01 to 0.1 on the following accounts (...). This error has caused a greater loss than expected on XAUUSD positions today on these accounts. Your prompt response is greatly appreciated.

Tickmill:
Thank you for contacting us. Please restart your MT4 again and check now.

Me:
OK it looks like the problem has been resolved now, could you please advise what caused it and how it will be prevented from occurring again? The following positions were affected because of this error (...). These positions should have been opened with 0.01 lot but were forced to open as 0.1 lot because of your server error. Can these positions be annulled or the difference compensated back onto the accounts please.

Tickmill:
Unfortunately we cannot cancel any trade. You decided to open 0.1 lot and we executed it. In a future, if you will have any issues with trading, please contact us immediately and do not open any unwanted trades.

Me:
You did not respond to my query; could you please advise what caused the issue and how it will be prevented from occurring again? Furthermore, I did not 'decide to open 0.1 lot', the EA uses strict rules and depends on a reliable feed which was not the case last Friday. What occurred is that the EA tried to open 0.01 lot but your server change caused it open 0.1 lot instead, thereby magnifying the loss on the affected accounts. Do you understand this?

Tickmill:
The issue happened on the bridge and it was fixed. However if your EA decided to open 0.1 lot it's on your EA side. We cannot control how your EA works. In such case, if you did not want to open 0.1 lot, your EA should just stop working.

Me:
The EA depends on a reliable feed and you have acknowledged there was an error at the bridge last Friday. This error caused the EA to malfunction and subsequently caused a loss. I am distressed at this loss and am losing confidence in the way Tickmill is handling this issue.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: lonewolf on August 17, 2016, 04:17:28 PM
That sucks SimpleTrader. It is the both the server and EA's fault, but they should compensate it, sadly should and do often don't happen.

I would consider moving, it's a .1 lot trade, and I'm sure you've contributed more in commissions than the worth it was. Or give them a call and talk it through over the phone, may be much more effective. 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: SimpleTrader on August 23, 2016, 02:51:18 PM
For the record: after much complaining and escalation, Tickmill have turned around and provided partial compensation. I trade a decent amount of volume which might have helped resolve the issue amicably.

They are actually one of the better brokers out there and this was my first incident with them in a while, so kudos to Tickmill.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JulioPipo on November 04, 2016, 12:16:30 PM
Guys, Tickmill is going to announce something BIG next week. Does anybody know what could it be. Are they buying some broker?

Email I received from them:
___________________________
Dear Client,

Get ready for more with Tickmill !

We are excited to inform you that some time next week we will be making a major positive announcement to all of our valued Clients and Partners. Our global team has been working for many months to reach this important milestone and we want to share this success with you.

Stay tuned for our big announcement, as the countdown has started.

Kind regards,

Tickmill Team

www.tickmill.com

http://bit.ly/2fjgnYk
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JulioPipo on November 09, 2016, 10:01:58 AM
The news is out. Congratulations Tickmill and team! I will now be able to open a new account under your UK FCA company.

Tickmill Expands its Global Footprint with an FCA UK Regulated Broker

We are proud to announce that our UK entity, Tmill UK Limited, is now licensed and regulated by the Financial Conduct Authority (FCA), under registration number 717270.

The FCA is a financial regulatory body in the United Kingdom, within which the most prominent financial services firms operate. FCA regulated brokers must adhere to the strictest financial standards, including capital adequacy requirements, full segregation of client funds and transparency of business operations.

The acquisition of the prestigious FCA licence is an important milestone for our global organisation that serves a live client base of over 20k clients and processes more than 3 million trades a month.

As a truly STP and ECN broker with a strong presence in key markets in Asia, the Middle East and Africa, we are set to expand our reach in the UK and the European Union, providing traders with the opportunity to benefit from our competitive pricing, high levels of financial security, superior execution speed and personalised customer support.

Full announcement here:
https://tickmill.com/news/tickmill-expands-global-footprint-uk-fca-regulated-broker/

Their announcement is today also in various FX news websites so it seems something important in the industry on the day when Trump becomes the US president.

Leaprate:
http://www.leaprate.com/2016/11/tickmill-becomes-latest-retail-forex-broker-to-receive-an-fca-license/

FinanceMagnates:
http://www.financemagnates.com/forex/regulation/tickmill-expands-its-global-footprint-with-fca-regulated-uk-entity/

YahooFinance:
http://finance.yahoo.com/news/tickmill-expands-europe-fca-uk-020000748.html
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on November 09, 2016, 01:43:45 PM
We are glad to finally announce to all our clients that we have obtained authorization from the UK Financial Conduct Authority and are now on track to expand our global presence in Europe, with new product offerings and extremely competitive trading conditions.

Our award-winning company has distinguished itself among global ECN Forex brokers by providing excellent trading services, with some of the lowest spreads and commissions in the industry, as well as ultra-fast execution, through our state-of-the-art London servers.

Our clients can enjoy a safe trading environment with enhanced protection of funds, under the regulatory supervision of the FCA of UK. We are proud to be one of the fastest-growing brokers in the world, with an average trading volume of $39.1 billion and 3.1 million trades executed monthly in 2016.

Thank you for all your comments over the years. Your support has pushed us to take this big step. You can read more about our FCA licence on our website news.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Efx123 on November 09, 2016, 03:27:57 PM
Pretty good DAX trading conditions:
https://tickmill.com/currency-pairs/de30/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on November 09, 2016, 08:01:55 PM
Does it mean all traders are now FCA protected? FCA license is really great update cuz it was something I suggested their support as FCA is a token of safe trading..
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JulioPipo on November 10, 2016, 12:49:21 PM
Quote from: Trunk link=msg=358868 date=1478721715

Does it mean all traders are now FCA protected? FCA license is really great update cuz it was something I suggested their support as FCA is a token of safe trading..


From their press release:
"Our existing clients can continue to trade and enjoy our current benefits and excellent trading conditions, while at the same time know that our organisation has received recognition from one of the most respected financial regulators in the world, the UK FCA. New clients from the European Union and many other countries can open a trading account with our UK entity, starting from today."
https://tickmill.com/news/tickmill-expands-global-footprint-uk-fca-regulated-broker/

The way I understand it (and I am not the smartest guy as I shorted USDJPY after Trump win yesterday) is that existing clients stay in Tickmill Ltd, the Seychelles company. If a client is from Europe, United Kingdom and many other developed countries like Singapore, Malaysia, Taiwan, etc, then they can open account with Tickmill UK, the FCA UK regulated company.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on November 25, 2016, 02:56:40 PM
Top mover of the week - USD/JPY
The greenback keeps gaining momentum against the safe-haven yen on growing expectations of rises in US interest rates and inflation in December. The US Dollar has gained more than 2% against the Yen on the week, with the pair heading for its third consecutive week of strong gains.
(https://s14.postimg.org/pzua65dk1/2511_MM.png) (https://postimg.org/image/3nwhcrefx/)upload pictures (https://postimage.org/)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: JulioPipo on December 12, 2016, 10:11:13 AM
 Do you guys have any data about average spreads on majors, gold, WTI?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on December 13, 2016, 01:14:43 PM
Spreads are floating on both our account types, Classic and ECN Pro.

Classic account has variable spreads starting from 1.6 pips, no commissions.
ECN Pro account has raw ECN spreads starting from 0.0 pips and tiny commissions.
You can follow our spreads in the MT4 trading platform and also on the Myfxbook webpage: http://www.myfxbook.com/forex-broker-spreads (http://www.myfxbook.com/forex-broker-spreads)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on January 03, 2017, 02:34:59 PM
you can also check and compare their spreads on myfxbook https://www.myfxbook.com/forex-broker-spreads/tickmill-EURUSD-real-spread/2512,1
As for me I find Tickmill best for trading USDRUB. I couldn't find lower spreads on any other brokers at least double more what makes scalping on high lots very expensive. Basically Tickmill is the only broker where my trading strategy works.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on January 14, 2017, 04:30:28 PM
Question to rep: Can I participate the contest https://tickmill.com/promotions/forex-demo-race/ with existing demo account or its only for newly registered traders?
What about trying it several times?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on January 17, 2017, 10:33:12 AM
Clients need to register a new Demo account for each lap each time using this form: https://tickmill.com/promotions/forex-demo-race/#demo-race-join-the-demo-race
As the lap ends, the client's Demo Contest account is blocked.

The client needs to have a validated Client Area with us to win a prize for the contest, but register a new Demo account using the mentioned form for each lap anew.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on January 22, 2017, 02:12:49 PM
Thank you for clarification. Gear up to beat competitors in February round!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on January 25, 2017, 04:22:08 PM
Thank you for clarification. Gear up to beat competitors in February round!

making more than 1000% ROI, I think its impossible without cheating..
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: FunCoupons on February 09, 2017, 12:17:03 PM
Any word when Tickmil UK branch will start taking IB representatives? It's not fair that only FSA clients can get IB commission discounts.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 09, 2017, 12:43:20 PM
Any word when Tickmil UK branch will start taking IB representatives? It's not fair that only FSA clients can get IB commission discounts.

Hello,
Thank you for contacting us.
We are working hard to launch IB under the UK company, but at this stage, I am not able to provide you with a specific date. Should we launch the IB program in the UK company, we would also inform all of our clients. Best way to keep an eye on our news would be to follow us on https://www.facebook.com/Tickmill/ (https://www.facebook.com/Tickmill/)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on February 09, 2017, 07:11:40 PM
Agree FCA license is a big plus when reassuring clients on safety issues.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on February 14, 2017, 02:37:17 PM
I have ECN Pro account.
But spreads are twice as much as other brokers like FXPig, Varianse or LMAX.
Gold, Silver, USDCHF, NZDUSD and USDCAD spreads are often double or 3 times higher.

USDCHF spread stays all day at 1.5 pip spread.

The same happened with EURJPY after Brexit when Tickmill locked the spread at 5.0, over a whole week!
During the same time, all other brokers had floating spreads between 1.5-3.2
I contacted the chat, and immediately after, the spreads miraculously tightend and floated again between 2-3.

That all tells me that Tickmill is a bucketshop with higher spreads, and they clearly manipulate spreads.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reinerh on February 14, 2017, 06:17:21 PM
I have ECN Pro account.
But spreads are twice as much as other brokers like FXPig, Varianse or LMAX.
Gold, Silver, USDCHF, NZDUSD and USDCAD spreads are often double or 3 times higher.

USDCHF spread stays all day at 1.5 pip spread.

The same happened with EURJPY after Brexit when Tickmill locked the spread at 5.0, over a whole week!
During the same time, all other brokers had floating spreads between 1.5-3.2
I contacted the chat, and immediately after, the spreads miraculously tightend and floated again between 2-3.

That all tells me that Tickmill is a bucketshop with higher spreads, and they clearly manipulate spreads.

are you with seychelles or their uk outfit ???

uk i would think does not do that.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on February 15, 2017, 01:00:52 PM
Yes they do.

And their execution is slow, too.

Typical marketmaker tactics.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 15, 2017, 03:15:54 PM
I have ECN Pro account.
But spreads are twice as much as other brokers like FXPig, Varianse or LMAX.
Gold, Silver, USDCHF, NZDUSD and USDCAD spreads are often double or 3 times higher.

USDCHF spread stays all day at 1.5 pip spread.

The same happened with EURJPY after Brexit when Tickmill locked the spread at 5.0, over a whole week!
During the same time, all other brokers had floating spreads between 1.5-3.2
I contacted the chat, and immediately after, the spreads miraculously tightend and floated again between 2-3.

That all tells me that Tickmill is a bucketshop with higher spreads, and they clearly manipulate spreads.

Hello, Mar!

We offer variable spreads, starting from 0.0 pips with low commissions for ECN Pro account. You can check out our spreads at our web page https://tickmill.com/instruments/forex/ (https://tickmill.com/instruments/forex/).

I would also advise you to visit http://www.myfxbook.com/forex-broker-spreads (http://www.myfxbook.com/forex-broker-spreads), where you can clearly compare the above-mentioned brokers with Tickmill. In doing so, you will probably find out that the instruments that you have mentioned have the worst spreads along with commissions with FXPIG ECN. It is also visible that no spreads are 2-3 times higher at any given time.

The EU Referendum in the UK (Brexit) indeed was a very volatile time, as we told all our clients. In order to protect our clients, we lowered the leverage for the whole referendum week. As our company is by traders for traders, then we would never consider freezing our spreads. You can find more information about the changes that happened during that week here: https://tickmill.com/news/important-gbp-eur-and-uk100-margin-requirements-change-ahead-of-brexit/ (https://tickmill.com/news/important-gbp-eur-and-uk100-margin-requirements-change-ahead-of-brexit/)

All in all, we would be happy to take up any concerns that you might have. Just send us an e-mail and give you account as well as specific trade numbers, and we will investigate these issues further. :)

PS! Our average execution speed is around 300 milliseconds and surprisingly we do not have any requotes  ;)

Take care and keep trading with Tickmill!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on February 15, 2017, 10:14:16 PM
I have ECN Pro account.
But spreads are twice as much as other brokers like FXPig, Varianse or LMAX.
Gold, Silver, USDCHF, NZDUSD and USDCAD spreads are often double or 3 times higher.

USDCHF spread stays all day at 1.5 pip spread.

The same happened with EURJPY after Brexit when Tickmill locked the spread at 5.0, over a whole week!
During the same time, all other brokers had floating spreads between 1.5-3.2
I contacted the chat, and immediately after, the spreads miraculously tightend and floated again between 2-3.

That all tells me that Tickmill is a bucketshop with higher spreads, and they clearly manipulate spreads.

Hello, Mar!

We offer variable spreads, starting from 0.0 pips with low commissions for ECN Pro account. You can check out our spreads at our web page https://tickmill.com/instruments/forex/ (https://tickmill.com/instruments/forex/).

I would also advise you to visit http://www.myfxbook.com/forex-broker-spreads (http://www.myfxbook.com/forex-broker-spreads), where you can clearly compare the above-mentioned brokers with Tickmill. In doing so, you will probably find out that the instruments that you have mentioned have the worst spreads along with commissions with FXPIG ECN. It is also visible that no spreads are 2-3 times higher at any given time. 

The EU Referendum in the UK (Brexit) indeed was a very volatile time, as we told all our clients. In order to protect our clients, we lowered the leverage for the whole referendum week. As our company is by traders for traders, then we would never consider freezing our spreads. You can find more information about the changes that happened during that week here: https://tickmill.com/news/important-gbp-eur-and-uk100-margin-requirements-change-ahead-of-brexit/ (https://tickmill.com/news/important-gbp-eur-and-uk100-margin-requirements-change-ahead-of-brexit/)

All in all, we would be happy to take up any concerns that you might have. Just send us an e-mail and give you account as well as specific trade numbers, and we will investigate these issues further. :)

PS! Our average execution speed is around 300 milliseconds and surprisingly we do not have any requotes  ;)

Take care and keep trading with Tickmill!


The fastest execution what i had with you was 700ms.
On average, the execution is much slower: from 900ms - 2.5 seconds.

So your claim of 300ms is not true. I never experienced 300ms, not even once.


Second:

Tickmill spread on Gold: very often at 2.1
FXPIG SMA feed: 0.2 - 0.9
LMAX the same.

Tickmill spread on SILVER: very often at 1.8
FXPIG SMA feed: 0.2 - 0.7
LMAX quite the same.

Tickmill spread on USDCHF: stays almost all the time at 1.5
FXPIG SMA feed: 0.2 - 0.6
LMAX quite the same.

Tickmill spread on GBPJPY: almost all the time at 2.3
FXPIG SMA feed: 0.2 - 1.2
LMAX quite the same.

On other pairs i mentioned, quite the same happens.

Whoever does not believe me, open MT4 and just check USDCHF and GBPJPY.
Their spreads are almost locked all the time, not floating.


Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: BlackTie on February 18, 2017, 02:43:21 PM
I really like Tickmill. Great spreads. The customers service is fast and effective.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on March 01, 2017, 03:59:06 PM
Spread on DAX is amazing, just compared it with IC markets and the difference is material. I wonder who's Tickmill LP's which offers so good spreads..
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on March 08, 2017, 09:34:09 AM
Spread on DAX is amazing, just compared it with IC markets and the difference is material. I wonder who's Tickmill LP's which offers so good spreads..
How long have you been trading with them?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: FunCoupons on March 09, 2017, 05:13:43 PM
I have ECN Pro account.
But spreads are twice as much as other brokers like FXPig, Varianse or LMAX.
Gold, Silver, USDCHF, NZDUSD and USDCAD spreads are often double or 3 times higher.

USDCHF spread stays all day at 1.5 pip spread.

The same happened with EURJPY after Brexit when Tickmill locked the spread at 5.0, over a whole week!
During the same time, all other brokers had floating spreads between 1.5-3.2
I contacted the chat, and immediately after, the spreads miraculously tightend and floated again between 2-3.

That all tells me that Tickmill is a bucketshop with higher spreads, and they clearly manipulate spreads.

Hello, Mar!

We offer variable spreads, starting from 0.0 pips with low commissions for ECN Pro account. You can check out our spreads at our web page https://tickmill.com/instruments/forex/ (https://tickmill.com/instruments/forex/).

I would also advise you to visit http://www.myfxbook.com/forex-broker-spreads (http://www.myfxbook.com/forex-broker-spreads), where you can clearly compare the above-mentioned brokers with Tickmill. In doing so, you will probably find out that the instruments that you have mentioned have the worst spreads along with commissions with FXPIG ECN. It is also visible that no spreads are 2-3 times higher at any given time.

The EU Referendum in the UK (Brexit) indeed was a very volatile time, as we told all our clients. In order to protect our clients, we lowered the leverage for the whole referendum week. As our company is by traders for traders, then we would never consider freezing our spreads. You can find more information about the changes that happened during that week here: https://tickmill.com/news/important-gbp-eur-and-uk100-margin-requirements-change-ahead-of-brexit/ (https://tickmill.com/news/important-gbp-eur-and-uk100-margin-requirements-change-ahead-of-brexit/)

All in all, we would be happy to take up any concerns that you might have. Just send us an e-mail and give you account as well as specific trade numbers, and we will investigate these issues further. :)

PS! Our average execution speed is around 300 milliseconds and surprisingly we do not have any requotes  ;)

Take care and keep trading with Tickmill!


I've been a Tickmill client for quite a while. I've been happy with their trading conditions, and honestly thought they were true ECN until I compare trading conditions with FXPIG after you guys started discussing about it here. The myfxbook broker-spreads comparison does not take the spa data feed from FXPIG. I got say WOW! FXPIG really shows the markup prices on the Tickmill data feed. On EUR pairs you can see just a slightly advantage for FXPIG, but when you compare with GBP pairs, WOW! I'm being robbed! Even with FXPIG commissions being slight higher, it does make a huge difference on saving money if you are an active trader over Tickmill spreads.
Don't get me wrong, Tickmill is a very good broker in terms of reliability and trust. But when it comes to saving money, I'll probably start looking elsewhere if they don't fix their spreads for ECN clients!
I just recorded 1min of both brokers real time spreads on major pairs :o:
https://www.screencast.com/t/ajbSkRa4S0en (https://www.screencast.com/t/ajbSkRa4S0en)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on March 10, 2017, 05:18:59 PM
Yes, the FXPig SPA feed is awesome.  :)

Not only do FXPig have much tighter spreads for all USD crosses and JPY crosses (and especially GOLD and SILVER !!!), the execution speed is also much faster than Tickmill.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 13, 2017, 10:13:50 AM
Tap into Tickmills Welcome Account and get $30 to experience one of the best trading environments in the industry risk-free. Explore our market-leading trading conditions and get access to award-winning tools and resources.
Join us and get the Welcome Account for free: https://goo.gl/0ta2l6

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Zuttasoxx on April 07, 2017, 04:25:35 PM
I feel like I just have to reply. Even though I don't know if these are trolls or paid people to bash competition.
First I joined Tickmill back in the times that it was still Armada. And it hasn't disappointed me since then. But however I am always at the lookout for better solutions so I checked what you guys claimed.

First spread: I don't know what you guys use, but the tickmill ECN or VIP accounts are together with others one of the lowest. They are not the lowest but the difference is like 0.1 on some pairs. Sometimes they are 0.1 pip better.

Commission: This is where tickmill shines since they are one if not the lowest on commission fee.

Execution time: People here claim it is long or what not. I just had a trade and this is what the journal says.
2017.04.07 15:25:36.774   '20883xxxxx': order was opened : #71376xxx buy 0.05 AUDCAD at 1.00597 sl: 0.00000 tp: 0.00000
2017.04.07 15:25:36.587   '20883xxxxx': order buy market 0.05 AUDCAD sl: 0.00000 tp: 0.00000
I replaced some sensible info with x but other than that it's copy paste. And if you can still count you'll see that between issuing a trade and getting confirmation it's 187 ms.

Swap rates: If anybody said damn tickmill has not so good swaprates aka there are others that have better swaps. I would have agreed. And that's the thing they should improve on too.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on April 08, 2017, 04:21:50 PM
Wow glad to see there are traders that leave genuine feedback (at least I hope so).

Regarding execution speed one trade shows nothing. Liquidity and servers load are constantly changing and sometimes you can be filled well, sometimes worse. Better to gauge average execution speed, based for example on 100 or more trades.

I use VPN with Tickmill so I have 5ms connection ping and yes for liquid sessions in Non-volatility times execution is pretty good but I avoid trading in extreme times when volatility can affect my results. That's all I can say.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reinerh on April 08, 2017, 05:20:06 PM

i think there is a lot of robots posting these days all over. especially in broker threads.

its like they talk to one another kinda, saying only jibberish.

just go to some of the beginner threads or broker related.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on April 13, 2017, 09:55:40 AM
The entire Tickmill team would like to wish you and your families Happy Easter.

In the upcoming Easter holidays on Friday, 14th April, and Monday, 17th April, Tickmill’s trading schedule will be changed, as some markets around the world will be closed.
Please view the trading hour adjustments:
https://goo.gl/CY0pYL (https://goo.gl/CY0pYL)
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fbabypips-media-production.s3.amazonaws.com%2Fforums%2F3%2F0%2F3%2F5%2F9%2F3%2F90418.attach.jpeg&hash=5582716945274fa928a2631d20df6043)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: SusanBrown on April 16, 2017, 09:57:40 PM
I had an account with Armada and now with Tickmill. Found trading environment of Tickmill is better. In & Out Commission is comparatively lower.
They cover most countries under FCA regulation however, I think they should add moderate countries like Indonesia and Bangladesh too under FCA.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on May 17, 2017, 07:49:57 AM
Tickmill started the year with a bang, by reporting a record $146.7bn trading volume in the first quarter of 2017, while posting an all-time high $61.5bn trading volume in March only. See our latest developments, new features and sponsored events in the article below:https://goo.gl/K8sVJP (https://goo.gl/K8sVJP)
(https://pbs.twimg.com/media/DAAlQ3_XUAIFP-o.jpg:small)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on May 22, 2017, 07:23:51 PM
I had an account with Armada and now with Tickmill. Found trading environment of Tickmill is better. In & Out Commission is comparatively lower.
They cover most countries under FCA regulation however, I think they should add moderate countries like Indonesia and Bangladesh too under FCA.

Its out of Tickmill powers I guess there has to be special inter-country agreement between UK and second country in the financial sphere.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on May 31, 2017, 08:24:40 AM
We are excited to welcome Korean to our continuously growing range of website languages following rapid expansion in the Asia Pacific region.

We extend a heartfelt thank you to all our South Korean Clients for their continued support and loyalty.
https://goo.gl/kgspdG (https://goo.gl/kgspdG)
(https://pbs.twimg.com/media/DBI04W-XcAATId4.jpg:small)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 05, 2017, 08:56:40 AM
We are honoured to announce that we have been recognised as ‘Most Trusted Broker in Europe’ for 2017 by the renowned Global Brands Magazine. The accolade not only gives us a prestigious status, but it also reaffirms your trust and dedication towards our brand which is the driving force behind our success.
Thank you for your loyalty. We look forward to reaching, even more, milestones with you. https://goo.gl/QkTrxd (https://goo.gl/QkTrxd)

(https://pbs.twimg.com/media/DBisoMHXsAAN-4N.jpg:small)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: forexbaby on June 05, 2017, 10:22:04 AM
anyone has experience with this broker?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on June 11, 2017, 07:45:29 AM
I have ECN pro account there. Trade mostly manually, 4-5 trades in a month. I'm volatility hunter so slippage its occurrence and size matters a lot. But Tickmill fits the bill as lqiuidity seems to be coming from several sources and well-aggregated. Didn't notice any serious problems with platform. Plus oversight from the FCA, its really good.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 14, 2017, 07:39:15 AM
After more than a year of trading fun, our highly successful Forex Demo Race contest has ended, giving away $39,825 in total prizes to over 1000 winners.
Stay tuned for a new, more exciting Demo Competition coming soon!

(https://scontent-frt3-1.xx.fbcdn.net/v/t31.0-8/19025153_1632020830165132_40608744468299050_o.jpg?oh=94a7038baae0b5ec10831068174480b4&oe=59DEBF91)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on June 18, 2017, 11:16:52 PM
Can I take part demo contests simultaneously with different brokers? Is it allowed?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 21, 2017, 08:20:11 AM
Can I take part demo contests simultaneously with different brokers? Is it allowed?

Dear Trunk,

Unfortunately, you can not take part of Demo Race contest any longer, as it has ended. But we have a new competition coming up soon, so keep an eye on our social media or website.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on June 27, 2017, 08:34:49 AM
Sure going to subscribe to your Facebook account, it seems pretty active.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 03, 2017, 08:11:37 AM
Get ready for the Forex Demo Challenge! Become the best in what you do and win the grand prize of $1,000 in a risk-free trading environment and a complimentary VIP account with no minimum amount.
Total Prize Pool: $3,000
Join the Demo Contest: https://goo.gl/YLPyYE
 (https://goo.gl/YLPyYE)
Losses can exceed the initial deposit.

(https://pbs.twimg.com/media/DDyoHH0XsAA3QrD.jpg)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on July 05, 2017, 10:26:36 PM
Should I deposit anything to join the contest?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 10, 2017, 09:34:52 AM
Dear Trunk,

No, there is no need to deposit any amount. All you need to do is register for the contest, open a demo account and achieve one of the top ten highest account equity balances for the month.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 11, 2017, 01:09:55 PM
We are excited to announce the addition of government bonds to our range of trading instruments. The bond market is known as the largest securities markets in the world, providing investors with an abundance of investment options and advantages.

Tickmill Clients may now enrich their trading portfolio with the following new instruments:

#EURBOBL - German Government Bonds – Euro Bobl (cash)   
#EURBUND - German Government Bonds – Euro Bund (cash)   
#EURBUXL - German Government Bonds – Euro Buxl (cash)   
#EURSCHA - German Government Bonds –  Euro Schatz (cash)

For more information, please visit https://goo.gl/y795RX

Losses can exceed the initial deposit.



Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: donalduck on July 12, 2017, 08:53:32 AM
Get ready for the Forex Demo Challenge! Become the best in what you do and win the grand prize of $1,000 in a risk-free trading environment and a complimentary VIP account with no minimum amount.
Total Prize Pool: $3,000
Join the Demo Contest: https://goo.gl/YLPyYE
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Losses can exceed the initial deposit.

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$1000 for 1st is quite good but not easy to claim this prize.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on July 20, 2017, 01:55:51 PM
Guys, check out the USDCHF right now.
Tickmills spread-manipulation is going on again.
The spread is way too high compared to real ECN brokers like LMAX or FX Pig.
Also the USDCAD.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on July 24, 2017, 05:17:19 PM
Guys, check out the USDCHF right now.
Tickmills spread-manipulation is going on again.
The spread is way too high compared to real ECN brokers like LMAX or FX Pig.
Also the USDCAD.

Next time we may observe reverse situation with tighter spreads on Tickmill. Should we then label LMAX spread manipulator?
Sorry but your post make little sense unless you have some other skin in this. 
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on August 01, 2017, 12:28:14 PM
Next time, like today when you see a fixed spread at GOLD at 73 for several minutes, you know what is going on again.

@ Trunk

do a research before opening your mouth.





Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on August 05, 2017, 09:44:22 AM
Got an excellent fill on XAUUSD during NFP yesterday, made +100$

(https://donnaforex.com/index.php?action=dlattach;topic=13705.0;attach=33002)

Where's your proofs dude
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on August 08, 2017, 07:01:40 PM
Spread manipulation in AUDUSD is going on again, since hours.
FXPig SPA and LMAX, their AUDUSD spread goes from 0 - 0.5

Tickmill almost constantly around 1.0 all the time.

It's another clear sign that Tickmill is not a real ECN/DMA broker.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on August 13, 2017, 02:33:42 PM
Ok, proofs?

Here is another news trade on gold (last one) http://www.myfxbook.com/members/woodcutter/pulse-tickmill-real/1757067
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on August 17, 2017, 03:52:54 PM
Yesterday, Tickmill had a constant spread-markup in USDCHF and AUDUSD.
The spreads stayed above 1.0 and more all the time.

Today, Tickmill has constant markups on USDCHF and USDCAD.

If you see that kind of behavior, that is a clear indication of spread manipulation because the real market offers much tighter spreads.

Here is the proof:

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fabload.de%2Fimg%2Fspreadmarkupsc3shn.png&hash=2df8bd0a804c4e0a70a78263680643af)



Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on August 24, 2017, 08:46:37 AM
Broker has a right to set any spread markup on their platform. Its not manipulation, its how broker earns. Moreover it depends on liquidity providers, the better is feed the tighter spreads.
For example Hotforex typical spread for USDCAD is 1.9 https://www.hotforex.com/hf/en/trading-products/trading-details-forex.html
I know your answer: They are manipulators too :D

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on August 24, 2017, 01:13:07 PM
Thanks, now you have finally admitted that Tickmill is a bucket shop as Hotforex.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on September 02, 2017, 01:20:38 PM
Omg man take it easy, how on earth brokers can earn from guys like you with 3-4K in deposit, generating tiny commission? Asking for real interbank while staying unqualified and ineligible investor at least in terms of capital is a bit egoistic from your side.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: vontogr on September 05, 2017, 09:56:24 AM
Yesterday, Tickmill had a constant spread-markup in USDCHF and AUDUSD.
The spreads stayed above 1.0 and more all the time.

Today, Tickmill has constant markups on USDCHF and USDCAD.

If you see that kind of behavior, that is a clear indication of spread manipulation because the real market offers much tighter spreads.

Here is the proof:

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fabload.de%2Fimg%2Fspreadmarkupsc3shn.png&hash=2df8bd0a804c4e0a70a78263680643af)

Well each and every broker is changing the spreads.
Even so called fixed spreads are not fixed but grow during news.
The spread itself depends on brokers feed provider.
These providers are not same for all brokers so at different times different brokers have different spreads
And that is pretty fine, no cheating.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on September 07, 2017, 02:03:45 PM
I have to say that FX Pig (.spa) has superb spreads (also on Metals) and the execution speed is just awesome.
They are truly one of the best REAL brokers out there.
When you trade with them, it's like day and night compared to bucket shops.

Tickmill not only playes games with manipulating spreads, they also have much less ticks and the servers have many small freezes during volatile times.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Eliza Abrams on September 07, 2017, 02:40:52 PM
What bothers me about FX Pig is that the broker is licensed in Vanuatu, an offshore destination with incredibly low capital requirements for giving out a broker license - just $2000.  (https://www.forexbrokerz.com/brokers/fxpig-review) Previously, the broker was registered in the Financial Service Provider Register (FSPR) of New Zealand but got deregistered in December, 2016. And instead of registering with another reputable regulator, or at least with a more trustworthy offshore regulator, they chose...Vanuatu?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: BigNick on September 07, 2017, 03:10:57 PM
Perhaps, anyway is a REALLY expensive broker, swaps are often unreasonable and one should pay high fee for all money move (deposit and withdraw)
I have to say that FX Pig (.spa) has superb spreads (also on Metals) and the execution speed is just awesome.
They are truly one of the best REAL brokers out there.
When you trade with them, it's like day and night compared to bucket shops.

Tickmill not only playes games with manipulating spreads, they also have much less ticks and the servers have many small freezes during volatile times.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on September 11, 2017, 08:02:58 AM
What bothers me about FX Pig is that the broker is licensed in Vanuatu, an offshore destination with incredibly low capital requirements for giving out a broker license - just $2000.  (https://www.forexbrokerz.com/brokers/fxpig-review) Previously, the broker was registered in the Financial Service Provider Register (FSPR) of New Zealand but got deregistered in December, 2016. And instead of registering with another reputable regulator, or at least with a more trustworthy offshore regulator, they chose...Vanuatu?

Clearly a sign of scam when broker downgrades in such way. You raised valid point especially when somebody purposefully tries to tarnish broker reputation comparing feed spreads and making thoughtless conclusions.

We have to evaluate complex picture of a broker, including features essential for trader and that work in his favor.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on September 15, 2017, 10:32:07 AM
You can say what you want, i've intraday-traded with several different brokers.
FX Pig is by far the best.
Best spreads, super performant servers, the most ticks, excellent execution speed etc.
They don't bullshit or mess around.
They are absolutely oustanding.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on September 15, 2017, 12:29:58 PM
Tickmill presents the Autochartist Webinar Series!

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Losses can exceed the initial deposit.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on September 20, 2017, 05:51:05 AM
You can say what you want, i've intraday-traded with several different brokers.
FX Pig is by far the best.
Best spreads, super performant servers, the most ticks, excellent execution speed etc.
They don't bullshit or mess around.
They are absolutely oustanding.

I wouldn't even take a glance to an entity that has pig in its name. Its too unserious and lacking professionalism, one can expect piggy execution and attitude of the company to its clients.
Sure I may be too biased judging company by its name, but running a company is being compliant to business environment in all aspects.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: primi on September 20, 2017, 07:05:31 PM
Tickmill feed completely broke down during FOMC and is still pausing for extended periods of time 5 minutes later.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on September 21, 2017, 06:04:14 AM
Tickmill feed completely broke down during FOMC and is still pausing for extended periods of time 5 minutes later.

It also happens a lot when it becomes more volatile in the markets.
Then the quotes freeze very often for some time.
Once again, that just proves that Tickmill is nothing but a typical bucket shop.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on September 26, 2017, 09:34:17 PM
Tickmill feed completely broke down during FOMC and is still pausing for extended periods of time 5 minutes later.

My feed also lagged a bit but it were about ten seconds and I managed to take profit.

When did you enter the trade? I mean at what point of Yellen speech? Was it before or at the time of it?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on September 27, 2017, 12:51:01 PM
We are excited to welcome Vipro Markets, a CySEC-regulated forex broker to our family. The acquisition of Vipro Markets will strengthen our growth momentum and broaden the trading possibilities for our Clients.

Read more here: https://goo.gl/5dYjdh  (https://goo.gl/5dYjdh)

Losses can exceed the initial deposit.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: primi on September 27, 2017, 02:09:14 PM
Tickmill feed completely broke down during FOMC and is still pausing for extended periods of time 5 minutes later.

My feed also lagged a bit but it were about ten seconds and I managed to take profit.

When did you enter the trade? I mean at what point of Yellen speech? Was it before or at the time of it?

I was not entering or exiting trades, but I was watching. Even if I wanted there was no way to trade on that feed for more than 5 minutes. Useless. It was useless from home, it was useless from NY and it was useless from London. If for some reason the location would make a difference.

And it wasn't during her conference, it was 30 minutes earlier at the release. Wasn't around when she held the conference.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reinerh on September 27, 2017, 02:13:45 PM
Tickmill feed completely broke down during FOMC and is still pausing for extended periods of time 5 minutes later.

My feed also lagged a bit but it were about ten seconds and I managed to take profit.

When did you enter the trade? I mean at what point of Yellen speech? Was it before or at the time of it?

I was not entering or exiting trades, but I was watching. Even if I wanted there was no way to trade on that feed for more than 5 minutes. Useless. It was useless from home, it was useless from NY and it was useless from London. If for some reason the location would make a difference.

And it wasn't during her conference, it was 30 minutes earlier at the release. Wasn't around when she held the conference.

guys you also need to understand that fx is a non centralised marketplace. if you want to trade a real market then futures is the only way.

case in point for anybody to see is how the prices shift among brokers during major news releases. in quiet times they are pretty much dead on all across.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: primi on September 27, 2017, 02:26:04 PM
All my other brokers had fluid feeds. I'm not trying to trade the release and I don't care if they freeze it for a couple of seconds during the release. But to have 5 minutes of constant freezing for many seconds and a few ticks in between that's just no good is it.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reinerh on September 27, 2017, 02:31:59 PM
All my other brokers had fluid feeds. I'm not trying to trade the release and I don't care if they freeze it for a couple of seconds during the release. But to have 5 minutes of constant freezing for many seconds and a few ticks in between that's just no good is it.


no thats clearly not good acceptable......................and especially if it happens more then once = if there is a pattern.

fxcm and gain capital did that to me in the past bigggggg time, needless to say i ran, i ran very fast to the exit doors.

i did trade the last fomc release manual at 1 minute past release and none of my brokers conked out.
but on tickmill i run only slow stuff.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on September 27, 2017, 06:45:57 PM
We are excited to welcome Vipro Markets, a CySEC-regulated forex broker to our family. The acquisition of Vipro Markets will strengthen our growth momentum and broaden the trading possibilities for our Clients.

Read more here: https://goo.gl/5dYjdh  (https://goo.gl/5dYjdh)

Losses can exceed the initial deposit.

Does it mean my CySec account with Vipro automatically falls under FCA protection?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on October 03, 2017, 04:53:33 PM
Dear Trunk,

Thank you for writing to us. Clients who have an account with Vipro under the CySec regulation do not automatically go under the FCA protection, as they are two separate regulations with specific laws. To get all the answers to your questions regarding the Vipro acquisition please take a look here: https://tickmill.com/faq/category/vipro-markets-acquisition/ (https://tickmill.com/faq/category/vipro-markets-acquisition/)

Thank you,
Team Tickmill
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on October 06, 2017, 01:49:59 PM
It was "Non-Farm Employment Change" and "Unemployment Rate" some minutes ago.
Tickmill froze all prices for 15 minutes, no matter on which live-servers.
No trading possible.
And the prices still lag and freeze.

haha 







Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reinerh on October 06, 2017, 01:56:09 PM
It was "Non-Farm Employment Change" and "Unemployment Rate" some minutes ago.
Tickmill froze all prices for 15 minutes, no matter on which live-servers.
No trading possible.
And the prices still lag and freeze.

haha

my tickmill was not offline at all, just checked my logs.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on October 06, 2017, 02:00:22 PM
They were not offline.
But for 25 minutes no new prices or quotes came through MT4.

Typical bucket shop tactics.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reinerh on October 06, 2017, 02:07:57 PM
They were not offline.
But for 25 minutes no new prices or quotes came through MT4.

Typical bucket shop tactics.

ah gotcha, yes thats possible i cant check for that.

thats certainly not good.

did you you watch the uk entities servers or the cysec regulated one ??
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Mar on October 06, 2017, 02:23:21 PM
That are the servers.
I switched between them, no matter what, no new quotes and prices.

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fabload.de%2Fimg%2Fserversc0stj.png&hash=1af491c803fa3848769de15d0aaf1b12)

I knew they will play dirty tricks in such an important news-event, so i watched it just for fun.




Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: reinerh on October 06, 2017, 02:31:05 PM
That are the servers.
I switched between them, no matter what, no new quotes and prices.

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fabload.de%2Fimg%2Fserversc0stj.png&hash=1af491c803fa3848769de15d0aaf1b12)

I knew they will play dirty tricks in such an important news-event, so i watched it just for fun.

no quotes coming in is the oldest trick in the book.............

but i would have thought the uk entity since being better regulated would not do that.

so you know what to do, there is better brokers out there.

Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: lucie_fxtrader on October 10, 2017, 10:58:35 AM
The server that was affected was the LIVE01 of Tickmill that has been there since the Armada times. Live02 Tickmill where I have the account was unaffected, also the UK FCA Tickmill LIVE server was unaffected.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on October 15, 2017, 02:59:08 PM
Our product portfolio has just expanded with the addition of Bitcoin, one of the world’s most popular digital currencies. Capitalise on the fast-growing cryptocurrency market and benefit from unique trading opportunities. https://goo.gl/pCGbP4
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on October 20, 2017, 11:58:42 AM
Tickmill Receives ‘Best Forex Trading Conditions’ Award!

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Providing flexible trading conditions that suit our Clients’ investment objectives and trading style is an integral part of our mission. Find out more: https://goo.gl/tYJgHo (https://goo.gl/tYJgHo)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on October 29, 2017, 05:16:48 PM
Our product portfolio has just expanded with the addition of Bitcoin, one of the world’s most popular digital currencies. Capitalise on the fast-growing cryptocurrency market and benefit from unique trading opportunities. https://goo.gl/pCGbP4

What about bitcoin top-ups or withdrawals? It would be really convenient for me to use my BTC for trading on your platform, rather than risking them on touch-and-go exchanges like shady bitfinex or bitstamp..
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on October 30, 2017, 04:37:46 PM
Dear DrunkFX,

Unfortunately, at the current state, we don´t accept Bitcoin deposits. Deposits and withdrawal options are available on the website and all the currencies are also there: https://tickmill.com/accounts/deposit-and-withdrawal-options/ (https://tickmill.com/accounts/deposit-and-withdrawal-options/)

Best wishes,
The Team Tickmill
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on November 05, 2017, 05:18:12 PM
Our product portfolio has just expanded with the addition of Bitcoin, one of the world’s most popular digital currencies. Capitalise on the fast-growing cryptocurrency market and benefit from unique trading opportunities. https://goo.gl/pCGbP4

What about bitcoin top-ups or withdrawals? It would be really convenient for me to use my BTC for trading on your platform, rather than risking them on touch-and-go exchanges like shady bitfinex or bitstamp..

Great suggestion but knowing about tough regulatory scrutiny surrounding BTC companies BTC funding/withdrawals could bring more harm than benefit for the company.
Just my two cents.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: CanadianPsycho on November 05, 2017, 06:12:41 PM
Our product portfolio has just expanded with the addition of Bitcoin, one of the world’s most popular digital currencies. Capitalise on the fast-growing cryptocurrency market and benefit from unique trading opportunities. https://goo.gl/pCGbP4

What about bitcoin top-ups or withdrawals? It would be really convenient for me to use my BTC for trading on your platform, rather than risking them on touch-and-go exchanges like shady bitfinex or bitstamp..

Great suggestion but knowing about tough regulatory scrutiny surrounding BTC companies BTC funding/withdrawals could bring more harm than benefit for the company.
Just my two cents.

There's no reason to think that extra AML/KYC headaches come with crypto withdrawals for the brokerage. As well, some brokerages source liquidity pools for crypto exchanges that are exactly those so called shady exchanges like Bitfinex and the like. It's those exchanges that undergo all the extra AML/KYC headaches because regulators are very very scrutinous of those exchanges specifically.

For the customer of a traditional fx brokerage, there's no indication that any terrible headaches should be anticipated. I'd very much like to see more brokerages offering customers more than just being able to trade CFDs and actually offer balances and deposits/withdrawals. It's inevitable anyway.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on November 10, 2017, 04:16:19 PM
I think the liquidity providers for CFD is not same that offer "physical bitcoins" like bitfinex or bitstamp. btw maybe you know them?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: CanadianPsycho on November 10, 2017, 04:29:30 PM
I think the liquidity providers for CFD is not same that offer "physical bitcoins" like bitfinex or bitstamp. btw maybe you know them?

Correct, the CFD providers are essentially a bridge between cryptocurrency exchanges and forex brokers who don't want to directly expose themselves to the risks associated with maintaining accounts with those exchanges.

However, not all brokerages operate like this and especially not if they offer Bitcoin deposits/withdrawals. In those cases, fx brokers will have to have their own capacity to offer crypto wallets to hold balances for clients either in house, or through a 3rd party. In any case, there's no reason to think that crypto deposits and withdrawals are especially risky. There can be some added risks like if you're in China and suddenly the regulators ban all crypto trading in that country or who knows what, but honestly this kind of risk is inherent in trading. If a central bank suddenly pegs a currency to defend a price point like what happened with the CHF for example, that's a risk. All f these instruments carry risk, but there's little or no reason to think that trading in crypto is especially "black markety" or something. It's just another asset that's being traded.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on November 21, 2017, 10:56:57 AM
The Spanish-language version of our educational blog is now live! Our Spanish-speaking Clients may access all the features of our blog including fundamental and technical analysis, daily market reviews videos and other useful insights in their native language. https://goo.gl/bCr1z2 (https://goo.gl/bCr1z2)

Stay tuned for more developments and language additions soon!
(https://scontent-frt3-2.xx.fbcdn.net/v/t31.0-8/23847389_1797702946930252_5751872844303052281_o.png?oh=5fd98062d2681183ce57cd8b97027bc0&oe=5AD60ABC)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on December 05, 2017, 02:24:24 PM
We are thrilled to be launching Vietnamese language website following rapid expansion in the Vietnamese market and in other Asian regions. Stay tuned as we are planning to launch more exciting activities, trading products and services tailored to the needs of the Vietnamese trading community - https://goo.gl/beMtxj (https://goo.gl/beMtxj)
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fwww.forexpeacearmy.com%2Fcommunity%2Fattachments%2Fvietnamese-launch-png.35272%2F&hash=fff012e416795a48bf09c821556ffd0b)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on December 12, 2017, 03:14:53 PM
That's great, what about local deposit options for VN clients?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on December 13, 2017, 06:19:46 AM
Dear Trunk,

We are happy to introduce the Vietnamese Online Payment Gateway - NganLuong.vn. All our clients under the FSA of Seychelles license can easily integrate Nganluong for online transactions.

Best wishes,
The Team Tickmill
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on December 13, 2017, 10:59:01 AM
Kick off the holiday season with a chance of winning real Bitcoin prizes and receiving exciting rebates. Our new live trading contest ensures there is a prize for everyone! Find out more: https://goo.gl/MQQcUv (https://goo.gl/MQQcUv)

(https://www.forexfactory.com/attachment.php?attachmentid=2599268&stc=1&thumb=1&d=1513162579)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: jwatts7701 on December 13, 2017, 01:35:08 PM
Hi guys

Can you check your platform? Something is going wrong, getting a stream of like 1000 ticks coming through.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on December 18, 2017, 08:14:59 PM
Hi guys

Can you check your platform? Something is going wrong, getting a stream of like 1000 ticks coming through.

Sounds odd, are you sure you opened right platform and don't have external issues?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on January 04, 2018, 09:25:02 PM
How I can top up Tickmill account with BTC to trade BTCUSD? Or only USD deposits are allowed?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on January 10, 2018, 10:47:28 AM
Meet Tickmill in Hong Kong
We are delighted to be attending the iFX EXPO Asia 2018 in Hong Kong on 23-25 January as an Executive Lounge Sponsor.
Join us at Booth #65 and learn about our award-winning trading conditions and partnership terms!
Schedule a Meeting with our management team: https://goo.gl/9GV5HT (https://goo.gl/9GV5HT) (https://www.forexfactory.com/attachment.php?attachmentid=2627300&stc=1&thumb=1&d=1515581198)

Losses can exceed deposits.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on January 24, 2018, 10:34:06 AM
Join our new IB Contest for your chance to win 20 x 1 oz Gold Bars or a share of over $10,000 worth of prizes*. Don’t miss out!

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Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on January 24, 2018, 09:22:01 PM
Join our new IB Contest for your chance to win 20 x 1 oz Gold Bars or a share of over $10,000 worth of prizes*. Don’t miss out!

1. Start introducing new traders to Tickmill
2. Earn points for every lot they trade
3. Get the highest score and climb to the top of the leaderboard.

Register now and win: https://goo.gl/D4Ta27 (https://goo.gl/D4Ta27)

*The Promotion is only available for clients of Tickmill Ltd. (FSA SC Regulated).

I would like to ask you to add affiliate link to cryptoccurency page to your promotion materials. thanks.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on January 25, 2018, 08:39:38 AM
Dear Trunk,

Thank you for your suggestion. Your request has been forwarded to our development team.

Best,
The Tickmill Team
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on January 31, 2018, 01:13:43 PM
Dear Trunk,

Thank you for your suggestion. Your request has been forwarded to our development team.

Best,
The Tickmill Team

Thank you for entertaining my request. Glad to see you are active here responding traders.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 06, 2018, 11:49:53 AM
Education is a focal point for Tickmills CSR activities, so we were delighted to support one of our employee's charitable initiatives to provide school supplies for children whose families cannot afford the costs of public education in Playa del Carmen, Mexico.
View the gallery here: https://goo.gl/n3ubpk (https://goo.gl/n3ubpk)

(https://pbs.twimg.com/media/DVWZWMfWkAAOqJ_.jpg:small)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on February 11, 2018, 08:19:33 AM
Good job, glad to know TM traders have their hand in it as well. Making good for people will be returned back with more good, rule of law, basically.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on February 15, 2018, 01:21:52 PM
We are pleased to be adding Portuguese to our growing range of website languages to offer our Portuguese-speaking clients the opportunity to access the Tickmill website in their native language. https://goo.gl/i5q4GX
 (https://goo.gl/i5q4GX)
(https://pbs.twimg.com/media/DWFEPT6W0AALfM2.jpg)
Losses can exceed deposits.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on February 26, 2018, 02:55:30 PM
Do you also provide arabic support? Don't see arabic language on the website..
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 02, 2018, 04:21:15 PM
Hello Trunk,

Yes, we do provide Arabic support. Please turn here for assistance in Arabic: https://tickmill.com/ar/support/ (https://tickmill.com/ar/support/)

Best wishes,
The Team Tickmill
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 02, 2018, 04:25:18 PM
We are thrilled to be launching a Malay language website following rapid expansion in the Malaysian market. This marks another important step in our strategy to provide localised service and support to our valued clients all over the world.

Visit our Malay website here: https://goo.gl/3BFD2R (https://goo.gl/3BFD2R)
(https://pbs.twimg.com/media/DXNCFaFW4AA4vBX.jpg)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on March 03, 2018, 08:36:10 PM
Hello Trunk,

Yes, we do provide Arabic support. Please turn here for assistance in Arabic: https://tickmill.com/ar/support/ (https://tickmill.com/ar/support/)

Best wishes,
The Team Tickmill

Thanks it will greatly improve solving trading issues for my Arabic friends trading with you :)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: hardforex on March 19, 2018, 09:27:42 AM
How does this broker regulate and any available bonus programs?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on March 19, 2018, 07:29:24 PM
Website information and support should be of help. Btw how long do you trade?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on March 20, 2018, 11:26:00 AM
We are excited to present the Forex Trading 101 Road Show with the top market expert Carlos Valverde, exclusively for South African traders. Grab the opportunity to uncover insights that matter and learn how to maximise your potential for FREE!
Cape Town - Apr. 21st / Johannesburg – Apr. 23rd / Durban – Apr. 25th
Register Here: https://goo.gl/i35NRu (https://goo.gl/i35NRu)
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fwww.forexpeacearmy.com%2Fcommunity%2Fattachments%2Fsouth-africa-road-show-2018_facebook-banner-png.36800%2F&hash=be852a6374048a5c8f7c6a77a0b7110b)
Losses can exceed your initial deposit.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on April 03, 2018, 10:26:52 PM
Webinars is really good way for traders to learn forex. Got some good hints from analysts which I take advantage of in my trading strategy
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on April 23, 2018, 10:01:38 PM
Hey nice job Tickmill team, saw your Dubai award as the best broker in the industry keep up good job!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: lupynx on April 25, 2018, 11:11:04 PM
Why your spread after swap time is gigantic? it was 20 pips on EUR/AUD and GBP/AUD, also NZD/USD
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on May 14, 2018, 08:37:07 PM
Why your spread after swap time is gigantic? it was 20 pips on EUR/AUD and GBP/AUD, also NZD/USD

Cuz it's same on other brokers. After passing newbie stage I never trade at this time, liquidity is too thin
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: lupynx on May 16, 2018, 06:46:14 AM
Why your spread after swap time is gigantic? it was 20 pips on EUR/AUD and GBP/AUD, also NZD/USD

Cuz it's same on other brokers. After passing newbie stage I never trade at this time, liquidity is too thin

It's not. You never tried other broker aren't you?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on May 17, 2018, 05:16:19 PM
I've tried several and everywhere experience problem during this time. Liquidity directly impacts spreads and execution, its a fact.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Paul.Trafford on May 22, 2018, 12:31:59 PM
I've tried several and everywhere experience problem during this time. Liquidity directly impacts spreads and execution, its a fact.
I do agree with the fact that you stated: Liquidity impacts the spread and the execution.
However, I don’t think all brokers are facing the same discrepancy. There is increment of the spread during the Roll but still if its really 20 pips (as Iupynx mention) that sounds too much for me
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on May 27, 2018, 10:43:39 AM
I've tried several and everywhere experience problem during this time. Liquidity directly impacts spreads and execution, its a fact.
I do agree with the fact that you stated: Liquidity impacts the spread and the execution.
However, I don’t think all brokers are facing the same discrepancy. There is increment of the spread during the Roll but still if its really 20 pips (as Iupynx mention) that sounds too much for me

Maybe because it's a decentralized market and brokers use different liquidity providers? This time one broker can charge you higher spreads during rollover time, other time this can happen with different brokers. What I want to say that you need to focus on long-term performance and don't make conclusions based on particular case.

Cheers.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: lupynx on May 31, 2018, 10:19:40 PM
I've tried several and everywhere experience problem during this time. Liquidity directly impacts spreads and execution, its a fact.
I do agree with the fact that you stated: Liquidity impacts the spread and the execution.
However, I don’t think all brokers are facing the same discrepancy. There is increment of the spread during the Roll but still if its really 20 pips (as Iupynx mention) that sounds too much for me

Maybe because it's a decentralized market and brokers use different liquidity providers? This time one broker can charge you higher spreads during rollover time, other time this can happen with different brokers. What I want to say that you need to focus on long-term performance and don't make conclusions based on particular case.

Cheers.

It's my very concern, that this very current broker has very high spread every swap time occur.

You know what's bad? you can get wiped out by its 5 minute of very high spread only on this broker. You're saying this is not long term?

You just blabbering about it's bad liquidity and it's bad to do trade at that time blah blah, fyi: everybody knows that. I see that you're a hard fans of tickmill. Point taken.

For others who maybe concerning the same problem:
As we can see until now they're not answering my question on this thread. I've discussed several time with them by chat and they're saying they can't help as this was given by their LP, but they may try to address to their LP if possible.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 04, 2018, 02:11:45 PM
I've tried several and everywhere experience problem during this time. Liquidity directly impacts spreads and execution, its a fact.
I do agree with the fact that you stated: Liquidity impacts the spread and the execution.
However, I don’t think all brokers are facing the same discrepancy. There is increment of the spread during the Roll but still if its really 20 pips (as Iupynx mention) that sounds too much for me

Hi lupynx,
As it has already been discussed, liquidity does affect spreads and as during market open and/or close, liquidity is minimum spreads tend to be wider.
Maybe because it's a decentralized market and brokers use different liquidity providers? This time one broker can charge you higher spreads during rollover time, other time this can happen with different brokers. What I want to say that you need to focus on long-term performance and don't make conclusions based on particular case.

Cheers.

It's my very concern, that this very current broker has very high spread every swap time occur.

You know what's bad? you can get wiped out by its 5 minute of very high spread only on this broker. You're saying this is not long term?

You just blabbering about it's bad liquidity and it's bad to do trade at that time blah blah, fyi: everybody knows that. I see that you're a hard fans of tickmill. Point taken.

For others who maybe concerning the same problem:
As we can see until now they're not answering my question on this thread. I've discussed several time with them by chat and they're saying they can't help as this was given by their LP, but they may try to address to their LP if possible.

Hi lupynx,
As it has already been discussed, liquidity does affect spreads and as during market open and/or close, liquidity is minimum spreads tend to be wider.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on June 07, 2018, 07:41:48 AM
(https://tickmill.com/wp-content/uploads/2018/06/Global-Markets-selfie_Company-news.png)
We are delighted to announce that we have a new competition where everyone can participate:

Enter the Global Markets Selfie Contest & Win Official Merchandise from the Biggest Football Event in the World #TickmillGlobalMarkets.

Join Now: https://woobox.com/o4xdqv

More info available ->https://tickmill.com/news/enter-global-markets-selfie-contest-win-official-merchandise-worlds-biggest-football-event-2018/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on June 18, 2018, 05:32:34 PM
Does type of trading account matters, I mean demo traders can also participate?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 02, 2018, 01:11:09 PM
Does type of trading account matters, I mean demo traders can also participate?

Hi there,

The competition is open to everyone, even to people with no Tickmill trading account whatsoever.
Happy posting.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 02, 2018, 01:16:19 PM
(https://tickmill.com/wp-content/uploads/2018/06/IT-Forum-Expo-2018-Post-Company-News.png)

ITForum Rimini 2018 expo between 14-15 June.

Our team members were delighted to be exhibiting at the ITForum Rimini for the second time. The popular expo provided the perfect venue to welcome high-profile traders, forex enthusiasts and investors from Italy, who wanted to meet our experts in person.

Read more --> https://tickmill.com/news/tickmills-great-success-at-the-itforum-rimini/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on July 03, 2018, 07:00:22 PM
I know a lot of professional traders from Italy who benefit from high leverage, hope you still offer them opportunity to use it, because lower leverage limits our opportunities to earn. Hate the scrutiny going on!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 04, 2018, 12:34:25 PM
I know a lot of professional traders from Italy who benefit from high leverage, hope you still offer them opportunity to use it, because lower leverage limits our opportunities to earn. Hate the scrutiny going on!

Hi Trunk,
You are right, Tickmill is very popular in Italy.  :D
With the new ESMA regulation about to be implemented, there will be some leverage limitation, but professional clients needn’t worry about that as different criteria apply to them. You can read more on our dedicated ESMA FAQ section on our website  https://tickmill.com/faq/category/esma-regulations/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 05, 2018, 03:01:00 PM
Hi traders,
The new ESMA regulations that will come into effect in a short few weeks will be affecting our Tickmill UK and Tickmill EU entities.
To help explain the new changes and how these will be impacting all Tickmill clients registered under these two entities we've put together a short video.
Watch it here --> https://www.youtube.com/watch?v=-1m3HBolTDk&feature=youtu.be
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 09, 2018, 01:18:49 PM
We were delighted to catch up with all our friends in Spain during the Forex Day expo in Madrid.
Our team had the chance to discuss our trading conditions and share their forex insight with all expo attendees.
Read more about the event --> https://tickmill.com/news/tickmill-shows-strong-presence-forex-day-2018/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on July 09, 2018, 06:25:26 PM
Hi traders,
The new ESMA regulations that will come into effect in a short few weeks will be affecting our Tickmill UK and Tickmill EU entities.
To help explain the new changes and how these will be impacting all Tickmill clients registered under these two entities we've put together a short video.
Watch it here --> https://www.youtube.com/watch?v=-1m3HBolTDk&feature=youtu.be

Will the ESMA rules affect only EU clients right? Can we expect that same restrictions will be applied to traders from other countries?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 10, 2018, 10:49:21 AM
Hi traders,
The new ESMA regulations that will come into effect in a short few weeks will be affecting our Tickmill UK and Tickmill EU entities.
To help explain the new changes and how these will be impacting all Tickmill clients registered under these two entities we've put together a short video.
Watch it here --> https://www.youtube.com/watch?v=-1m3HBolTDk&feature=youtu.be

Will the ESMA rules affect only EU clients right? Can we expect that same restrictions will be applied to traders from other countries?

Hi Trunk,
ESMA will affect our Tickmill UK and Tickmill EU entities. Clients registered under Tickmill Seychelles will not be affected.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: busybody on July 10, 2018, 01:50:42 PM
Hello Tickmill Rep,
That’s interesting news regarding customers registered under your Seychelles branch. How would I go about transferring my UK account to your Seychelles branch?
After ESMA I thought that IC Markets would be my only choice!
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 10, 2018, 03:57:49 PM
Hello Tickmill Rep,
That’s interesting news regarding customers registered under your Seychelles branch. How would I go about transferring my UK account to your Seychelles branch?
After ESMA I thought that IC Markets would be my only choice!

Hi busybody,
Please contact our support team at support@tickmill.com.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Trunk on July 21, 2018, 12:27:40 PM
Hello Tickmill Rep,
That’s interesting news regarding customers registered under your Seychelles branch. How would I go about transferring my UK account to your Seychelles branch?
After ESMA I thought that IC Markets would be my only choice!

Why you want to move from regulated UK branch to Seychelles? Is it because of high leverage?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Paul.Trafford on July 24, 2018, 12:58:35 PM
Can you share the winner from Global Markets Selfie Contest 😊 just curios to see what kind of photo won :D
Thanks
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on July 25, 2018, 07:58:34 AM
Can you share the winner from Global Markets Selfie Contest 😊 just curios to see what kind of photo won :D
Thanks

Hi Paul,
Thank you for your interest in the selfie competition  ;D
Please follow the link to our Facebook post to see the winning selfies -> https://www.facebook.com/Tickmill/photos/a.335850539782174.84622.290897577610804/2087093017991242/?type=3&theater (https://www.facebook.com/Tickmill/photos/a.335850539782174.84622.290897577610804/2087093017991242/?type=3&theater)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on August 02, 2018, 01:24:04 PM
Hi traders,
We are delighted to announce that we have added Japanese to our growing range of local websites in response to the increasing demand for advanced trading solutions and services from Japanese speaking clients.
Read more --> https://tickmill.com/news/tickmill-expands-global-reach-launch-japanese-website/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on September 10, 2018, 10:28:28 AM
Hi Traders,

We will be hosting a free seminar in Vietnam on October 6th.
We invite you to join us on an unforgettable educational journey. Learn more --> https://tickmill.com/vi/lp/master-the-art-of-forex-trading/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on September 13, 2018, 12:51:24 PM
Dear Traders,

We are delighted to announce our record breaking financial metrics for the first half of 2018.

Tickmill Group continues its strong growth in key performance indicators with robust financial results for the first half of 2018.* The Group’s consolidated net profit amounted to $14.97 million whereas the total trading volume came in at $624 billion, almost doubling last year’s first half figure of $332 billion.

Read more --> https://tickmill.com/news/tickmill-group-breaks-records-key-financial-metrics-1h-2018/ (https://tickmill.com/news/tickmill-group-breaks-records-key-financial-metrics-1h-2018/)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on September 22, 2018, 05:03:09 PM
Nice to see this broker growing, competition leave only those companies on the market who deserves that.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on October 08, 2018, 03:10:34 PM
Hi traders,
We are very pleased to be hosting a free seminar on Lebanon which will focus on Technical Trading Proficiency.
If you find yourself in Beirut on October 27th, don’t miss the opportunity to learn more about technical trading and how it can give you an edge.
Register here => https://tickmill.com/lp/free-seminar-in-lebanon/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on October 11, 2018, 07:31:53 AM
Hi traders
We are delighted to announce that Tickmill Group has broken yet another record with our systems having handled $117.7 billion in trading volume throughout September. Our sophisticated trading environment and focus on our clients and their needs have been the cornerstones of our success. Thank you for trusting Tickmill!
Read more --> https://tickmill.com/news/tickmill-accelerates-growth-record-breaking-september-trading-volumes/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: fxliner on October 19, 2018, 10:26:38 PM
Great stats

I think I will give you a try

Hi traders
We are delighted to announce that Tickmill Group has broken yet another record with our systems having handled $117.7 billion in trading volume throughout September. Our sophisticated trading environment and focus on our clients and their needs have been the cornerstones of our success. Thank you for trusting Tickmill!
Read more --> https://tickmill.com/news/tickmill-accelerates-growth-record-breaking-september-trading-volumes/
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on October 24, 2018, 07:14:07 PM
Great stats

I think I will give you a try

Hi traders
We are delighted to announce that Tickmill Group has broken yet another record with our systems having handled $117.7 billion in trading volume throughout September. Our sophisticated trading environment and focus on our clients and their needs have been the cornerstones of our success. Thank you for trusting Tickmill!
Read more --> https://tickmill.com/news/tickmill-accelerates-growth-record-breaking-september-trading-volumes/

Great! Will this be your first try or you tried to trade with other brokers before?
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: compujock on October 26, 2018, 03:17:12 PM
I've tried several and everywhere experience problem during this time. Liquidity directly impacts spreads and execution, its a fact.
I do agree with the fact that you stated: Liquidity impacts the spread and the execution.
However, I don’t think all brokers are facing the same discrepancy. There is increment of the spread during the Roll but still if its really 20 pips (as Iupynx mention) that sounds too much for me

Hi lupynx,
As it has already been discussed, liquidity does affect spreads and as during market open and/or close, liquidity is minimum spreads tend to be wider.
Maybe because it's a decentralized market and brokers use different liquidity providers? This time one broker can charge you higher spreads during rollover time, other time this can happen with different brokers. What I want to say that you need to focus on long-term performance and don't make conclusions based on particular case.

Cheers.

It's my very concern, that this very current broker has very high spread every swap time occur.

You know what's bad? you can get wiped out by its 5 minute of very high spread only on this broker. You're saying this is not long term?

You just blabbering about it's bad liquidity and it's bad to do trade at that time blah blah, fyi: everybody knows that. I see that you're a hard fans of tickmill. Point taken.

For others who maybe concerning the same problem:
As we can see until now they're not answering my question on this thread. I've discussed several time with them by chat and they're saying they can't help as this was given by their LP, but they may try to address to their LP if possible.

Hi lupynx,
As it has already been discussed, liquidity does affect spreads and as during market open and/or close, liquidity is minimum spreads tend to be wider.

Of course it's true that liquidity is low during rollover and all broker's spread increases during this time.  However, the point lupynx is trying to make is that the TICKMILL spreads during rollover are higher than other brokers.  I have accounts with 5 different brokers and TICKMILL is one of them.  I like TICKMILL in general as a broker, however I can tell you of my 5 brokers TICKMILL always has the largest spreads during rollover.  One of the excuses I saw in this thread was that the huge spread was passed down from the LP.  If that is really the case, then I would say they need to find some better LP's like the other brokers have.  It would be great if TICKMILL could fix this issue as otherwise they are a great broker.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on October 28, 2018, 06:53:14 AM
I've tried several and everywhere experience problem during this time. Liquidity directly impacts spreads and execution, its a fact.
I do agree with the fact that you stated: Liquidity impacts the spread and the execution.
However, I don’t think all brokers are facing the same discrepancy. There is increment of the spread during the Roll but still if its really 20 pips (as Iupynx mention) that sounds too much for me

Hi lupynx,
As it has already been discussed, liquidity does affect spreads and as during market open and/or close, liquidity is minimum spreads tend to be wider.
Maybe because it's a decentralized market and brokers use different liquidity providers? This time one broker can charge you higher spreads during rollover time, other time this can happen with different brokers. What I want to say that you need to focus on long-term performance and don't make conclusions based on particular case.

Cheers.

It's my very concern, that this very current broker has very high spread every swap time occur.

You know what's bad? you can get wiped out by its 5 minute of very high spread only on this broker. You're saying this is not long term?

You just blabbering about it's bad liquidity and it's bad to do trade at that time blah blah, fyi: everybody knows that. I see that you're a hard fans of tickmill. Point taken.

For others who maybe concerning the same problem:
As we can see until now they're not answering my question on this thread. I've discussed several time with them by chat and they're saying they can't help as this was given by their LP, but they may try to address to their LP if possible.

Hi lupynx,
As it has already been discussed, liquidity does affect spreads and as during market open and/or close, liquidity is minimum spreads tend to be wider.

Of course it's true that liquidity is low during rollover and all broker's spread increases during this time.  However, the point lupynx is trying to make is that the TICKMILL spreads during rollover are higher than other brokers.  I have accounts with 5 different brokers and TICKMILL is one of them.  I like TICKMILL in general as a broker, however I can tell you of my 5 brokers TICKMILL always has the largest spreads during rollover.  One of the excuses I saw in this thread was that the huge spread was passed down from the LP.  If that is really the case, then I would say they need to find some better LP's like the other brokers have.  It would be great if TICKMILL could fix this issue as otherwise they are a great broker.

Why not to just avoid entering during rollover times, it's quite dangerous time for trading I think
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Nasdaq100 on October 28, 2018, 06:53:17 PM
the problem is for those who enter short term or even medium term trades. Your stoploss will be more vulrnable during the roll over and targets could be missed
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on November 08, 2018, 01:47:17 PM
Tickmill Group breaks another trading volumes record

Forex and CFD broker, Tickmill, announced today that October 2018 has been its most successful month up to date with a record-breaking $145.53 billion in trading volume. This figure marks an increase of more than 23% from the Group’s consolidated trading volume for September which was previously the highest for the Group.
Driven by the growing demand for reliable and secure trading solutions by experienced traders globally, Tickmill is continuously enhancing its trading environment and is committed to delivering a seamless trading experience to all its clients.

Tickmill’s growing client-base is largely the result of the Group’s dedication to offering some of the best trading conditions in the industry. Among the key features of Tickmill’s offering are tight spreads (from 0.0 pips), ultra-fast execution (from 0.1s) and low commission rates.

Commenting on the new record-breaking trading volume, Mr. Ingmar Mattus, Executive Director of Tickmill Group Ltd noted that “The $145.53 billion in trading volume sets a precedent for the Group and allows us to come closer to what we have previously described as the next logical milestone for the company – the $200 billion in trading volume. On that note, we would also like to thank our clients for trusting and choosing Tickmill as their broker.”

Mr. Illimar Mattus, CFO of Tickmill UK Ltd commented: “We are increasingly seeing the forces of consolidation shaping our industry and traders shifting to well-established brokerage firms with strong capital bases and recognizable brands, such as Tickmill. This is partially the reason why we are seeing a consistent growth in our business metrics. In order to bolster our footprint in our target markets and shift the focus towards larger and more sophisticated traders, existing shareholders injected an additional £2.0 million into the share capital of Tickmill UK Ltd in October, which despite Brexit concerns will remain our main European hub of operations.”
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: Tickmill on November 15, 2018, 02:02:07 PM
Explore the exciting world of Forex trading by downloading our Free eBook. Learn how the currency market works and discover useful trading strategies, technical indicators and expert tips.

Download eBook here https://tickmill.com/lp/free-forex-ebook/ (https://tickmill.com/lp/free-forex-ebook/)
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
Post by: drunkfx on December 02, 2018, 08:18:56 AM
I've tried several and everywhere experience problem during this time. Liquidity directly impacts spreads and execution, its a fact.
I do agree with the fact that you stated: Liquidity impacts the spread and the execution.
However, I don’t think all brokers are facing the same discrepancy. There is increment of the spread during the Roll but still if its really 20 pips (as Iupynx mention) that sounds too much for me

Hi lupynx,
As it has already been discussed, liquidity does affect spreads and as during market open and/or close, liquidity is minimum spreads tend to be wider.
Maybe because it's a decentralized market and brokers use different liquidity providers? This time one broker can charge you higher spreads during rollover time, other time this can happen with different brokers. What I want to say that you need to focus on long-term performance and don't make conclusions based on particular case.

Cheers.

It's my very concern, that this very current broker has very high spread every swap time occur.

You know what's bad? you can get wiped out by its 5 minute of very high spread only on this broker. You're saying this is not long term?

You just blabbering about it's bad liquidity and it's bad to do trade at that time blah blah, fyi: everybody knows that. I see that you're a hard fans of tickmill. Point taken.

For others who maybe concerning the same problem:
As we can see until now they're not answering my question on this thread. I've discussed several time with them by chat and they're saying they can't help as this was given by their LP, but they may try to address to their LP if possible.

Hi lupynx,
As it has already been discussed, liquidity does affect spreads and as during market open and/or close, liquidity is minimum spreads tend to be wider.

Of course it's true that liquidity is low during rollover and all broker's spread increases during this time.  However, the point lupynx is trying to make is that the TICKMILL spreads during rollover are higher than other brokers.  I have accounts with 5 different brokers and TICKMILL is one of them.  I like TICKMILL in general as a broker, however I can tell you of my 5 brokers TICKMILL always has the largest spreads during rollover.  One of the excuses I saw in this thread was that the huge spread was passed down from the LP.  If that is really the case, then I would say they need to find some better LP's like the other brokers have.  It would be great if TICKMILL could fix this issue as otherwise they are a great broker.

it doesn't indicate anything actually. Simple don't trade in rollover its a know fact.
Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
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Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
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Title: Re: TICKMILL - replacing Armada with FSA Seychelles regulation
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