Less Spreads. More Opportunities! | Tickmill (2024)

As one of the largest brokers in the world, Tickmill has spent years building a deep liquidity network and investing in pricing technology. The firm has capitalised on its established institutional relationships across the globe to provide deep liquidity pools with low-latency connectivity and extra tight pricing.

Our advanced order routing capabilities ensure client fulfillment even during the most volatile market fluctuations. Our highly developed liquidity networks provide intuitive, customizable pricing to facilitate superior trade transactions and reduce each client's cost of execution. This also allows us to cater to all client types and all different kinds of trading strategies.

Our servers are located at the Equinix LD4 (in London, United Kingdom) and Equinix NY4 (in New York, United States) which are the world’s leading sites for FX low latency connectivity. To ensure ultra-low latency connectivity, Tickmill has established cross connects with its Liquidity providers, combined with state-of-the-art price aggregation and execution technology. For the past 5+ years we’ve partnered with OneZero which is a global leader in trading technology and has been key in helping us achieve our current position.

A solid optimized technology infrastructure plays a large role in providing a seamless trading journey for clients. We believe that investing in technology is one of the main factors for future growth and retaining quality clients.

One of the roles attributed to the brokerage department is to monitor industry spreads to see where Tickmill stands and to be able to offer a genuine trading edge to our clients. We tend to see lots of brokers offering tight spreads for a short period of time, only to see that pricing degrade. This occurs as very few brokers have the technology, tools and experience to be able to manage their flow & relationships with their LPs. Not all trading flow is of the same quality. If the flow is then not actively and correctly managed, it eventually leads to problems between the Broker and the LP, which by default negatively affect the spread.

At Tickmill, we heavily rely on technology and experience to manage the large amount of business we face daily. We maintain very strong relationships with our LPs, based on trust and transparency.
Tickmill is also able to group flow profiles in a meaningful manner based on several metrics that are closely monitored. We ensure that the flow sent to each LP within that pool is executed correctly upstream on the LP side.

The higher the concentration of Liquidity providers the more competitive the environment will be in pricing the instrument. The more liquid an asset is, the tighter and more readily available the price will be. However, having multiple LPs can have its drawbacks. The broker will need to split resources and capital requirements, which is unwieldy and makes the business susceptible to errors.

At Tickmill we carefully select our LPs and constantly monitor their performance based on various metrics including: