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Tickmill achieves new all-time high demand from Middle Eastern clients in July
Source:https://financefeeds.com/tickmill-achieves-new-all-time-high-demand-from-middle-eastern-clients-in-july/ | Author:finance-102 | Date2024-09-09 | 72 Views | Share:
The Middle Eastern market in particular has registered a performance for Tickmill all across 2024 in several key performance indicators. For instance, a 61.88% growth in trading volume and a 14.13% in active Trading Accounts as compared with H1 2023.

The Middle Eastern market in particular has registered a performance for Tickmill all across 2024 in several key 

performance indicators. For instance, a 61.88% growth in trading volume and a 14.13% in active Trading 

Accounts as compared with H1 2023.


After a year of consistent growth and international recognition, including achieving an all-time high in new client 

registration figures during July 2024, the FX/CFD broker is celebrating its performance in the MENA region.


“Prioritizing the safety of our client’s funds while upholding the highest standards”


Joseph Dahrieh, Managing Director at Tickmill, said: “Witnessing this year’s results, both in the Middle East and 

abroad, has been an exciting moment of achievement for Tickmill’s impeccable global team of professionals, for 

our seasoned leadership, and for our strategy of prioritizing the safety of our client’s funds while upholding the 

highest standards of transparency, integrity, and innovation.”


Mohamed Abdelbaki, Regional Marketing Manager at Tickmill, commented: “We would like to take this milestone 

as an opportunity to reaffirm our compromise with Middle Eastern traders to empower their investment projects 

through cutting-edge technology, efficiency, and exceptional service for their financial operations.”.


Founded in 2014, Tickmill is a renowned online trading provider regulated by the Financial Conduct Authority (FCA) 

in the UK and by the Cyprus Securities and Exchange Commission (CySEC) in the European Union. The FX/CFD broker 

is also authorized by the Financial Services Authority (FSA) in Seychelles and is registered with the Dubai Financial 

Services Authority (DFSA) as a Representative Office.


Tickmill offers interest on unused funds


Tickmill recently introduced a new interest rate offering that allows clients to earn up to 3.5% interest per year on their

unused funds. Tickmill clients can now earn interest on USD, EUR, and GBP wallets, provided they meet specific eligibility 

criteria.


The offering features attractive interest rates, daily interest accrual, and prompt monthly payments, making it an appealing 

option for those looking to maximize the potential of their idle capital. This new service can serve as an alternative to 

traditional fund management methods, offering investors a way to diversify their portfolios.


Tickmill aims to integrate trading and smart fund management, providing clients with a comprehensive suite of services. 

This includes premium products, advanced trading tools, and customer service, allowing traders to optimize their capital 

efficiency.


Tickmill isn’t the only broker offering cash sweep programs, which let your uninvested cash earn interest. Interactive Brokers 

also offers attractive interest rates on idle capital. However, there’s a catch. The broker only pays interest on your entire 

uninvested cash balance if it’s over $10,000.


Tickmill launched social trading last year


In 2023, the online trading brokerage launched a social trading platform that allows everyday investors to search and ‎

compare the performance of hundreds of proven traders and mirror their trades automatically. ‎Simultaneously, the 

platform helps investment ‎talents bring their results to light by competing with ‎other traders in an equally fair environment.‎


‘Tickmill Social Trading,’ allows less-versed users to automatically copy the trades of experienced traders, thus creating a 

P2P asset management solution. In return, the copied trader earns a decent share of the follower’s equity profit just for 

automatically replicating the trades.


Through Tickmill Social Trading, users can conveniently set up auto-copy orders and benefit from the insights of successful 

traders. The app offers an intuitive interface, allowing users to filter traders based on specific criteria and utilize risk 

management tools like take-profit and stop-loss orders.


This platform enables professional traders to share their trading strategies with others. The most successful strategies are 

featured and ranked on the main website page, allowing traders to choose the strategy or trader they wish to emulate.


The platform ensures that trades are automatically replicated from the Strategy Provider’s account to the follower’s account, 

requiring no action from the follower’s end. Strategy Providers conduct trades on their own accounts and earn ‘performance 

fees’ based on the profits generated for each follower. The percentage of the performance fee and the frequency of payment 

(weekly or monthly) can be customized.


Social Trading is available on any server (MT4 or MT5) and any asset offered by Tickmill. Multiple trading accounts are allowed, 

enabling clients to act as both a Strategy Provider and a Follower using different trading accounts under the same registration.