Tickmill Reports 61.88% Growth In Notional Value Percentage In The Middle East

Tickmill has reported unprecedented performance indicators in the Middle East, including 61.88% growth in Notional Value Percentage and 14.13% in Trading Accounts Percentage 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.

Tickmill celebrates client onboarding all-time high in July

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 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.

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