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Tickmill extends the offer with over 400 CFDs on stocks
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Tickmill extends the offer with over 400 CFDs on stocks

created Paweł MosionekApril 21 2023

An international broker Tickmill announced the extension of the offer with additional 400+ instruments. Traders using the platform MetaTrader 5 have at their disposal CFDs on shares of the largest companies from the American market. Details below.

400+ new stock CFDs at Tickmill

Over 400 new equity instruments added to the offer Tickmillwill allow for even more effective use of the potential offered by financial markets. The standard leverage available on stock CFDs is 1:5, and in addition to the classic buy, traders also have the option of opening short positions (trade on declines).

New instruments come only from the American stock exchange, but their holders are entitled to a dividend payment, i.e. a share that shareholders receive from the company's profits. Please note that when trading stock CFDs, the position may be subject to dividend adjustments. A dividend adjustment occurs when a position is open at market close immediately prior to the dividend payout date (ex-dividend dates).

How to access new instruments

To be able to trade CFD per share, please complete the form W-8BENwhich is available in the Customer Zone.

Form W-8BEN is a statement required by the U.S. tax office to determine the tax residency of a foreigner who obtains the so-called income from US sources (US source income), e.g. by receiving dividends for holding shares of companies from the local market in the portfolio.

To complete Form W-8BEN, follow these simple steps:

  • Log in to Client Area,
  • Click on drop-down menuwhere your name is displayed,
  • Select from the drop-down menu "Form W-8BEN",
  • Fill out the form and sign it (name and surname and signature of the account holder must match) and press 'Upload'.

After successfully submitting the form, a pop-up window will notify you that you can now trade in new instruments and you will be able to find all stocks on the MT5 platform. The next time you log in to the MT5 platform, just in the window "Market Observer" to choose "Show All"to see all available stock CFDs.

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.