Tickcopy International Spreads, leverage, minimum deposit Revealed

　　Note: For some unknown reason, we cannot open Tickcopy Internationals official site (https://tickfx.co/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

　　General Information & Regulation

　　Tickcopy, a trading name of Tickcopy International Limited, is allegedly a financial company registered in the United Kingdom that claims to provide its clients with leverage up to 1:30 and floating spreads from 0.0 pips.

　　As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, trading platforms, etc.

　　As for regulation, it has been verified that Tickcopy does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.29/10. Please be aware of the risk.

　　Account Types

　　Tickcopy claims to offer two types of trading accounts, namely Pro and Elite. There is no minimum initial deposit requirement for the Pro account, while the minimum initial deposit amount to open an Elite account is extremely high-$5,000. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

　　Leverage

　　The leverage provided by Tickcopy is capped at 1:30. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

　　Spreads

　　Tickcopy claims that the spread for different account types is different. Specifically, the spread starts from 1.2 pips on the Pro account, while from 0.0 pips on the Elite account.

　　Customer Support

　　Tickcopy International‘s customer support can be reached by telephone: +44 7864 325610. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

　　Risk Warning

　　Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.