Trading tutorial: How do Forex and CFD Trading work?

Forex is the largest market worldwide. Daily several trillions of dollars are being transacted in this market. That is why it is also highly liquid and interesting for beginners and experienced traders. Tickmill offers over 60 different currency pairs. Including many currencies from emerging markets. This is a huge advantage for those who are looking for an exotic currency pair for trading. For currencies, you can bet on falling or rising prices. Buy one currency and sell the other currency from the currency pair. The difference in the price is well written as profit.

CFDs are also offered. They are leveraged derivatives that can be traded on a variety of values. For the opening of a CFD trade, you do not buy directly the underlying asset, but only the contract to that value. This has several advantages because you can act with a high level of leverage and very easily place short trades. The broker rounds off the offering with CFDs on stock indices, commodities, precious metals, and bonds.

Invest in falling or rising prices and secure the position with a stop loss and take profit. These are limits that automatically close your position. Since the calculation is sometimes confusing, Tickmill offers a forex calculator. With this calculator, you can determine your risk and the position size in just a few seconds.

Tickmill offers fast order execution and high liquidity

Tickmill has several data and data centers around the world. In Metatrader 4 you can choose the best access (server) for you. The broker is also characterized by its low latency. With the connection to the live server in London I have a latency of under 30 Ms. If that is still too slow, you can rent a VPS server.

Personally, we had no problems with the order execution. The website also emphasizes that there are no requotes. Even with large position sizes 30 Lot + can be traded easily. You always get a direct and immediate execution at the best prices.

Tickmill is a non-dealing desk broker, which has a similarity to an ECN broker. The difference between NDD and ECN is that the broker still sits between the market and clients. An obligation to pay additional funds can be excluded.

Use a VPS-Server for the best connection

The provider allows any strategies and automatic programs. Expert Advisors (EAs) can run 24 hours a day automatically through a VPS server at Tickmill. The latency is very low and the price from $ 22 a month too.

The best choice for automatic programs

Low latency

Cheap fees (22$ per month)

Tickmill automated trading is possible

Tickmill allows every strategy and also automated programs. As mentioned above you can rent a VPS server very cheap. In connection with the Metatrader 4 it works without problems and the setup is very simple. Program automatic programs for your trading or use provided trading systems. Today, more than 50% of the order executions are made automatically in the Forex market.

Here you can see again that Tickmill is a serious NDD broker. Dubious brokers forbid strategies or automatic programs. In addition, Tickmill has no limit for stop-loss and take-profit brands. So it can be traded very small movements. Due to the low fees, it is worthwhile to scalping and day trading.