11 May, 2016
Global ECN broker Tickmill is pleased to announce a very successful 2015 with an audited net profit of $2.88mn, which has firmly established the company’s reputation as a preferred partner for traders in its first year of operations.
Not only is Tickmill projecting a $330bn trade volume in 2016 after its strongest ever quarter, trader and broker attendees at the 2016 Chinese Forex Expo awarded the firm “The Most Trusted Forex Broker” and also “The Best ECN/STP Broker” for the year 2015-2016.
CEO Sudhanshu Agarwal comments, “The recent awards we received are a reflection of the fact our company is already generating turnover from just over 10,000 active live traders with more joining every day. We have already attracted thousands of Introducing Brokers who are happily referring clients on a regular basis. Our first-year drive to build an outstanding trading infrastructure and brand image backing it with a best-in-class trading experience for all clients has been highly successful and personally satisfying for me and the entire Tickmill team.”
During its first six months of operation, the company quickly matched advanced technology with client feedback to diversify the range of trading instruments, offer mobile versions for smartphone and tablet-based trading, and provide more trader and IB tools in both its Client Area and IB Room. Following popular demand from its traders, the company also doubled the leverage for trading Gold, which now equals a client’s trading account leverage.
A marketing-focused second half of 2015 and the beginning of 2016 delivered numerous profitable business development campaigns and several segment-tailored trading tools and features, improved trader education resources, and introduced anexperts’ blog to address trade analysis, risk analysis, market commentary and trading psychology.
Agarwal said, “As evidence of our commitment to be closer to all our partners, we already offer Tickmill services in six different languages with additional languages to be added in 2016. We have also hired client service and support staff in China and Indonesia following strong demand and success in those two countries. It is safe to say that Tickmill has become a globally preferred partner for both new and professional traders.”
Tickmill delivers one of the fastest trade executions in the industry with orders being filled within 150-300 milliseconds. This rapid execution combines well with low spreads and transaction fees as well as a ‘no re-quotes’ policy, which ensures Tickmill never manipulates the market in its favour.
Traders always come first at Tickmill because the company genuinely wants them to succeed by offering the best trading environment, best trading conditions and no restrictions on profitability. All trading styles and strategies are welcome.
Agarwal comments, “2015 started with a major financial industry event where the Swiss National Bank intervened in the interest rate decisions. Our client funds segregation policies and risk management team’s foresight ensured the company and its clients were unaffected by this major event even though it had a major impact on many established industry participants.”
“Looking ahead in 2016, there will be greater volatility due to the political situations and elections in the UK, USA and Australia,”continued Agarwal. “This combined with Tickmill’s plan to expand our geographical and regulatory footprint will generate great revenues for the business. This is yet another milestone for the company to ensure we remain the clients’ preferred broker in terms of trading services quality and an excellent customer experience.”
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