Access the world’s largest market and trade more than 60 currency pairs.

What is Forex?

Foreign exchange, or Forex for short, is quite simply a market where you’re able to exchange one currency for another. When you ‘sell’ a currency, there is a buyer for that currency somewhere else. Now, the exchange rate between those two currencies is what’s important when trading forex. The exchange rate is constantly fluctuating, and it’s these fluctuations that allow market speculators to earn from trading.

With a daily trade volume of $6.5 trillion dollars, the forex market itself is huge! It eclipses the likes of the New York Stock Exchange (NYSE) which, by comparison, has a trading volume of only $22.4 billion per day.

The Forex Market’s sheer size attracts a wide range of different participants, including Central Banks, Investment Managers, Hedge Funds, Corporations, Brokers and Retail Traders – with 90% of those market participants being currency speculators!
with Tickmill?

Our aim is to help our traders succeed by providing an exceptional trading experience.

  • Spreads from 0.0 pips.
  • Access to 60+ Currency Pairs.
  • 0.15s Average execution speed.
  • All trading strategies enabled.
  • Leverage up to 1:500.


Instrument Minimum Spread Typical Spread Long Position Short Position
AUDUSD 0 0.4 -3.7 0.8
EURGBP 0 0.5 -4.6 1.1
EURJPY 0 0.7 -3.8 -1.2
EURUSD 0 0.2 -12.001 5.108
GBPAUD 0 2.5 -4.7 -2.8
GBPJPY 0 1.1 0.3 -5.9
GBPUSD 0 0.7 -7.725 2.231
USDCAD 0 0.6 -1.7 -4
USDCHF 0 0.7 5.9 -10.2
USDJPY 0 0.2 4.4 -8.9
For a full list of our currency pairs and their spreads click here.
Trade Forex
The value of each currency depends on the supply and demand for it, thus determining the ‘exchange rate’ between the two currencies, which is continually fluctuating. The exchange rate itself is basically the difference between the value of one currency against another.

It's this exchange rate that determines how much of one currency you get in exchange for another, e.g. how many pounds you get for your euros.

Now, when you’re trading forex, you’ll be trading currency pairs. So, two different currencies will be involved, and you’ll be speculating about their value in relation to each other.

Learn to Trade Forex

Trading Hours
4 separate trading sessions available: Sydney, Tokyo, London and New York.
So, you've got 24-hour access to trade for 5 days a week (the markets close over the weekend).
START TRADING with Tickmill
It's easy and fast!


Complete registration, Log in to your Client Area and upload the required documents.



Once your documents are approved, create a Live Trading account.



Select a payment method, fund your trading account and start trading.

Risk Warning: Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.