The company records $208bn trading volume in 2015 with results from Q1 2016 putting the business on track for over $330bn by the end of this year.
Global ECN broker Tickmill authorized and regulated by the Financial Services Authority (FSA) of Seychelles, was pleased to announce this week a successful 2015 with an audited net profit of $2.88m. Moreover, Tickmill is now projecting $330bn in trade volume in 2016 after its strongest quarter ever.
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 Trader’s Cabinet 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 business development campaigns and several segment-tailored trading tools and features, improved trader education resources, and introduced an experts’ blog to address trade analysis, risk analysis, market commentary and trading psychology.
Tickmill prides itself on fast trade execution within the industry per 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.
CEO Sudhanshu 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.”
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