Tickmill Collaborates with Lloyd's to Provide Insurance Coverage for Client

November 20, 2023

Tickmill teams up with Lloyd's for Client Fund Insurance up to $1 Million in case of unexpected events, enhancing fund security.

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Tickmill is well-known for its excellent trading conditions across its extensive portfolio of 600 assets. In a strategic move to further enrich its offerings and bolster security, the London-based brokerage has entered into a partnership with Lloyd's, a prominent UK insurance exchange. This collaboration ensures the safety of client funds by providing insurance coverage.

The newly introduced service is designed to offer comprehensive protection, with insurance policies covering clients' funds up to $1,000,000 in the face of unforeseen and extreme circumstances.

According to information available on the official website, the multi-asset broker has already implemented various measures to secure client funds. This includes adherence to stringent regulations, robust financial practices, high liquidity, and rigorous oversight of partner banks.

This recent initiative adds an extra layer of protection, reinforcing Tickmill's standing as a leader in safeguarding client assets and setting it apart from many other brokers in the market. The insurance policy acts as a primary safeguard for clients in unexpected events.

Tickmill Group Executive Director Sudhanshu Agarwal commented, "We believe that our clients' peace of mind is paramount. We always strive seriously to ensure comprehensive investment protection. We offer insurance policies to maintain the security of clients' funds and assets. Clients can trade entirely confidence since they know that Tickmill will always fight hard to protect their interests."

Established in 2014, Tickmill Corporation holds several regulatory approvals, including the FCA (UK), FSA (Seychelles), and FSCA (South Africa). The broker caters to both professional and novice traders, offering flexible trading conditions, low spreads, and a high leverage of up to 1:500.

Tickmill Review

Tickmill is a broker providing forex and CFD trading services with spreads starting from 0.0 pips and leverage up to 1:500. This broker provides a monthly NFP trading contest and a $30 welcome bonus. More

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