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Saint Vincent and the Grenadines
Pyramid scheme complaint
Fake regulation, and they are scammers, after i made a withdrawal, they stopped replying on email and chat. Stay away !!
I made a withdrawal request of USD 1800 on 28 Oct 2022 but the status is still in progress.I have sent several emails to the customer service (firstname.lastname@example.org) but they don't have any reply so far.
Online trading involves significant 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.
|Tickcopy Review Summary in 10 Points|
|Registered Country/Region||Saint Vincent and the Grenadines|
|Market Instruments||Currencies, global indices, precious metals, share CFDs, cryptocurrencies and energy|
|Leverage||1:100 (VIP account/ Standard account)1:500 (ECN account)|
|EUR/ USD Spreads||From 0.0 pips (VIP account/ ECN account)1.6 pips (Standard account)|
|Minimum Deposit||$30,000 (VIP account)$1,000 (ECN account)$500 (Standard account)|
|Customer Support||Phone, email, Twitter, Facebook, Instagram, YouTube|
Tickcopy is a online trading platform that offers a wide range of financial instruments and services to traders around the world. One of Tickcopy's key offerings is access to global financial markets, including forex currency pairs, commodities, indices, and cryptocurrencies. This allows traders to diversify their portfolios and take advantage of various market opportunities. Tickcopy utilizes the MetaTrader 4 (MT4) trading platform, a popular and robust platform. However, it has no regulation.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
|• MT4 supported||• Not regulated|
|• Flexible leverage||• Average spreads on the Std account|
|• Demo accounts available||• Regional restrictions|
|• Wide range of trading instruments||• High minimum deposit|
There are many alternative brokers to Tickcopy depending on the specific needs and preferences of the trader. Some popular options include:
LegacyFX - A leading brokerage firm providing comprehensive trading solutions across a wide range of financial instruments, including forex, stocks, commodities, and indices.
AETOS - A global forex and CFD broker providing competitive trading services and advanced trading platforms to traders worldwide.
FOREX TB - A reliable forex broker that provides a user-friendly platform, educational resources, and a wide range of tradable assets, making it a suitable option for traders of all levels who prioritize accessibility, learning, and diversified trading opportunities.
Tickcopy currently has no valid regulation, there are many reports of unable to withdraw, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.
If you are considering investing with Tickcopy, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.
Tickcopy offers a variety of trading instruments across different asset classes, including currencies, global indices, precious metals, share CFDs, cryptocurrencies and energy.
Currencies: Tickcopy offers a wide range of currency pairs to trade, including major, minor, and exotic pairs. Major currency pairs are the most traded currency pairs in the world and are considered to be the most liquid. Minor currency pairs are less traded than major currency pairs, but they still offer a good level of liquidity. Exotic currency pairs are the least traded currency pairs, but they can offer high levels of volatility and profit potential.
Global indices: Tickcopy offers a variety of global indices to trade, including the S&P 500, the DAX, and the Nikkei 225. Global indices are a good way to trade the overall performance of a particular market or economy.
Precious metals: Tickcopy offers a variety of precious metals to trade, including gold, silver, and platinum. Precious metals are a good way to hedge against inflation and other economic risks.
Share CFDs: Tickcopy offers a variety of share CFDs to trade, including shares from companies like Apple, Amazon, and Tesla. Share CFDs are a good way to trade the underlying shares of a company without actually owning the shares.
Cryptocurrencies: Tickcopy offers a variety of cryptocurrencies to trade, including Bitcoin, Ethereum, and Dogecoin. Cryptocurrencies are a new and volatile asset class, but they offer the potential for high profits.
Energy: Tickcopy offers a variety of energy commodities to trade, including oil, natural gas, and coal. Energy commodities are a good way to trade the underlying price of energy products.
Tickcopy offers three live account types including the Standard account, the ECN account and the VIP account with the minimum deposit requirement of $500, $1,000 and $30,000 respectively.
The Standard account is the basic account type offered by Tickcopy. With a Standard account, traders have access to a wide range of trading instruments and can benefit from competitive spreads and leverage options. This account is suitable for novice traders who want simple, direct market access with no commissions.
ECN is designed for the experienced trader who requires deep liquidity and razor - sharp spreads. Traders using an ECN account can access liquidity providers, ensuring tight spreads, fast execution, and minimal slippage. Advanced trading tools such as depth of market (DOM) are also available.
The VIP account is the premium account type offered by Tickcopy. It requires a minimum deposit of $30,000. The VIP account is tailored to high-net-worth individuals and professional traders who desire personalized services and exceptional trading conditions. VIP account holders enjoy lower trading costs, access to exclusive market research and analysis, priority customer support, and specialized trading tools.
Leverage is a feature offered by Tickcopy that allows traders to amplify their trading positions by borrowing funds from the brokerage.
Tickcopy offers a maximum leverage of 1:100 for the Standard and the VIP account. This means that for every dollar in the trading account, traders can trade up to 100 times the amount. For example, with $1,000 in the account, traders can open trades worth up to $100,000.
The ECN account offered by Tickcopy provides traders with a higher maximum leverage of 1:500. This allows traders to have more flexibility and potentially higher exposure to the market. With the same example as above, a trader with $1,000 in their account can now open trades worth up to $500,000.
It is important to note that leverage is a double-edged sword. It can magnify your profits, but it can also magnify your losses. If the market moves against you, you could lose more money than you deposited.
Tickcopy offers competitive spreads and commissions to its traders across different account types.
For the Standard account, Tickcopy provides spreads starting from 1.6 pips. Spreads represent the difference between the buying and selling price of a trading instrument. A spread of 1.6 pips implies that traders pay an additional 1.6 pips when entering a trade.
The ECN account and the VIP account offered by Tickcopy provides traders with spreads starting from 0.0 pips. A spread of 0.0 pips means traders can execute trades at the exact market price without any additional markup on the spread.
Besides, Tickcopy charges $1.9 per side per 100,000 traded for the ECN account and $1.8 per side per 100,000 traded for the VIP account. And it offers no commission for the Standard account. This pricing structure allows traders to choose the account type that best suits their trading needs and budget.
Below is a comparison table about spreads and commissions charged by different brokers:
|Tickcopy||1.6 pips (Std)||None (Std)|
|FOREX TB||1.6 pips||None|
Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.
Tickcopy offers the popular MetaTrader 4 (MT4) trading platform to its clients, providing a comprehensive and user-friendly experience for traders. MT4 is a widely recognized platform known for its advanced features and versatility.
The Tickcopy trading platform powered by MT4 offers a range of tools and functionalities that cater to the needs of both beginner and experienced traders. It provides access to a wide selection of financial instruments, including forex currency pairs, commodities, indices, and cryptocurrencies, allowing traders to diversify their portfolios.
Additionally, the platform offers a range of order types, including market orders, limit orders, and stop orders. Traders can also easily set up automated trading strategies using the platform's built-in Expert Advisors (EAs). These EAs allow for automated trading based on pre-defined conditions, reducing the need for manual monitoring and execution.
See the trading platform comparison table below:
|FOREX TB||MT4, in-house xStation|
Tickcopy offers forex analysis, account performance rating and news, helping traders make informed decisions in the dynamic financial markets.
Forex analysis is a crucial aspect of trading, and Tickcopy provides its clients with various analytical tools. Traders can access technical analysis tools, including charting capabilities, indicators, and drawing tools, allowing them to analyze price patterns, trends, and identify potential entry and exit points.
Account performance rating
Account performance rating is another valuable tool offered by Tickcopy. Traders can monitor and evaluate the performance of their accounts, track their trading history, analyze past trades, and assess their overall profitability. This feature enables traders to identify their strengths and weaknesses, make improvements in their trading strategies, and ultimately strive for better performance.
Furthermore, Tickcopy provides a news section that offers real-time market updates and relevant financial news. Staying up-to-date with the latest news and events is crucial for traders as it can significantly impact market movements. The news section keeps traders informed about economic indicators, central bank decisions, geopolitical developments, and other factors that can influence currency and asset prices. This tool ensures that traders are aware of market trends and can make well-informed trading decisions based on current information.
Tickcopy offers a convenient and secure deposit and withdrawal process to cater to the diverse needs of its clients.
Clients in Asia countries can make deposits and withdrawals through local bank transfer. This option allows for easy and direct transactions between the client's local bank account and their Tickcopy trading account.
Wire transfer is another option available for depositing and withdrawing funds on Tickcopy. Wire transfers are a reliable and widely accepted form of payment, ensuring secure transactions for traders.
For clients who prefer to use cryptocurrencies, Tickcopy accepts deposits and withdrawals in various cryptocurrencies such as Bitcoin, Ethereum, and others. These transactions are processed through secure cryptocurrency wallets, offering added convenience and flexibility for clients who prefer digital currencies.
Moreover, Tickcopy supports deposits and withdrawals through UnionPay. UnionPay is a widely recognized and accepted payment card scheme that allows for quick and convenient transactions.
On our website, you can see that reports of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +61 390056298
Address: 5, 21-23 Station, St Naremburn, Austrila, NSW 2065
21 Merchant Road, Singapore 058267
1st Floor, First St.Vincent Bank Ltd Building, James St., Kingstown, VC0120
Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram and YouTube.
Overall, Tickcopys customer service is considered reliable and responsive, with various options available for traders to seek assistance.
Note: These pros and cons are subjective and may vary depending on the individual's experience with Tickcopy's customer service.
In conclusion, Tickcopy is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, Tickcopy's trading platform, MT4, caters to the needs of both beginner and advanced traders.
However, Tickcopy doesnt have regulation. Therefore, traders should verify the regulatory status of Murrentrade or any broker they choose to work with to ensure compliance with industry standards and regulatory requirements.
|Q 1:||Is Tickcopy regulated？|
|A 1:||No. It has been verified that this broker currently has no valid regulation.|
|Q 2:||How can I contact the customer support team at Tickcopy？|
|A 2:||You can contact via phone, +61 390056298 and email, email@example.com.|
|Q 3:||Does Tickcopy offer demo accounts？|
|Q 4:||Does Tickcopy offer the industry leading MT4 & MT5？|
|A 4:||Yes. It supports MT4.|
|Q 5:||What is the minimum deposit for Tickcopy？|
|A 5:||The minimum initial deposit to open an account is $500.|
|Q 6:||Is Tickcopy a good broker for beginners？|
|A 6:||No. It is not a good choice for beginners because of its unregulated condition.|
|Q 7:||At Tickcopy, are there any regional restrictions for traders？|
|A 7:||Yes. Tickcopy.com does not accept applications from residents of the U.S, Canada, Sudan, Syria, North Korea, United Kingdom, Israel and Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.|
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