A forex and CFD broker with licensed companies in the UK, Cyprus, South Africa and Seychelles, and a representative office in Dubai. Clients of its global site join the Seychelles company, which holds an offshore licence.
Facts last checked 20 October 2026. Always confirm on the regulator’s register. How we review brokers
Get an email when Tickmill's licence or key facts change.
Key facts
Founded
Not yet checked
Headquarters
Not yet checked
Minimum deposit
$100
Max. retail leverage
Up to 1:1000 on selected symbols, 1:500 by default on forex (Tickmill Ltd, Seychelles); 1:30 on major pairs for UK and EU retail clients
Cheapest cost per lot
Not yet checked
Regulators
FCA (United Kingdom), CySEC (European Union), FSCA (South Africa), DFSA (United Arab Emirates (DIFC)), FSA Seychelles (Seychelles)
✓FSCS (UK, Tickmill UK Ltd clients); ICF (Cyprus, Tickmill Europe Ltd clients); none named for Tickmill Ltd (Seychelles)What this means
Regulation and entities
Your protection depends on which company holds your account, and that depends on where you live. Each row is one licensed company. What regulation means
Before you deposit: search the licence number on the register, then check that the website and phone number listed there match the ones you are using. How to check a licence
Websites
Official websites
✓tickmill.com
Type the address yourself or use a bookmark. Check it matches the website listed for the firm on the regulator’s register.
Watch out for look-alike sites
We have not recorded any look-alike sites for Tickmill. That does not mean none exist.
A clone firm copies a real broker’s name, licence number and branding to take deposits. The register shows the genuine firm, so the surest check is the contact details: if the website, email or phone number you were given is not the one on the register, treat it as a clone. Check a broker step by step
Accounts and costs
Account types and costs not yet checked.
Cost per lot = typical EUR/USD spread × $10 + round-turn commission, for one standard lot (100,000 units) in busy hours. Swap and other fees are extra. Trading costs explained
Leverage and margin
Leverage lets you open a position bigger than your deposit, so losses grow as fast as gains. The caps below are the most Tickmill allows; you can always use less.
Margin level = equity ÷ used margin × 100. Without negative balance protection, a fast market can gap past the stop-out and leave you owing money. Work out your margin level
UK and EU companies licensed by the FCA (717270) and CySEC (278/15), with FSCS and ICF cover for eligible clients
Raw account with spreads from 0.0 pips and a $3 commission per lot per side
No withdrawal fees from Tickmill and a $100 minimum deposit on Classic and Raw
Watch out for
Clients of the global site join Tickmill Ltd, which holds only an offshore licence from the FSA Seychelles
The global site's risk warning says losses can exceed the initial investment; negative balance protection is a rule for UK and EU retail clients, not stated for the Seychelles company
The FCA has warned about clone firms using Tickmill UK's details (FX Profit Broker / FXPB / Armada Markets UK LTD and FxoptionTrade Limited)
Overview
Tickmill is a forex and CFD broker that offers MetaTrader 4 and 5, its own Tickmill Trader platform and TradingView. There are two main account types, Classic (spread only) and Raw (spread plus commission), with futures accounts on top. The company you join depends on where you live.
Regulation and safety
We checked five licences. Tickmill UK Ltd is authorised by the FCA (717270) and Tickmill Europe Ltd holds CySEC licence 278/15. CySEC lists tickmill.com/eu as its approved domain. Tickmill South Africa (Pty) Ltd is an authorised FSP (49464). Tickmill UK also runs a representative office licensed by the DFSA in Dubai. A representative office may market the group but cannot hold client accounts. Tickmill Ltd, the company behind the global site, is listed by the FSA Seychelles as a securities dealer. That is an offshore licence with lighter protection.
The FCA register warns that clone firms such as FX Profit Broker and FxoptionTrade Limited have used Tickmill UK’s details. Our guides to broker regulation and broker scams explain what to check, and check a broker helps you confirm the company.
Costs
Classic quotes spreads from 1.6 pips with no commission. Raw quotes from 0.0 pips with a $3 commission per lot per side, so $6 round turn. Tickmill Trader Raw charges $3.50 per side. These are minimum spreads; Tickmill shows live spreads and swaps by instrument. The trading costs guide shows how to compare the two accounts for your own volume.
Platforms and tools
MetaTrader 4 and 5, the MetaTrader WebTrader, Tickmill Trader, TradingView and a mobile app. See MT4 vs MT5.
Deposits and withdrawals
The minimum deposit is $100. Tickmill charges no withdrawal fees and covers bank fees on single wire deposits of $5,000 or more. Third-party payments are not accepted.
Who it may suit
The set-up fits UK, EU and South African traders who want a locally licensed company and a choice between spread-only and commission pricing. Clients of the global site should weigh the offshore licence and the warning that losses can exceed deposits. Whichever company you join, try the demo account first and compare Classic and Raw costs on your own trades.
How to open an account
The steps as we checked them. Never deposit until you have confirmed the licence.
Check which company you will join
UK residents join Tickmill UK Ltd (FCA), EU residents Tickmill Europe Ltd (CySEC) and South Africans Tickmill South Africa (FSCA). Clients of the global site join Tickmill Ltd (Seychelles). The company is named in the client agreement.
Choose Classic or Raw
Classic has spreads from 1.6 pips and no commission. Raw has spreads from 0.0 pips and a $3 commission per lot per side ($3.50 for Tickmill Trader Raw). Both need $100; futures accounts need $1,000.
Fund from your own account
Deposits must come from a payment method in your name. Withdrawals go back to the card first, up to the amount deposited, then to your other method.
What changed on this profile
Profile published. Licences checked on the FCA, CySEC, FSCA, DFSA and FSA Seychelles registers.
Tickmill: common questions
Is Tickmill regulated?
Yes. On 2026-10-20 we found Tickmill UK Ltd on the FCA register (717270), Tickmill Europe Ltd on CySEC's (278/15), Tickmill South Africa on the FSCA's (FSP 49464), Tickmill UK's Dubai representative office on the DFSA's (F007663) and Tickmill Ltd on the FSA Seychelles list of securities dealers.
Which Tickmill company will I join?
UK residents join Tickmill UK Ltd, EU residents Tickmill Europe Ltd and South Africans Tickmill South Africa. Clients of the global site join Tickmill Ltd in Seychelles. Check the name in your client agreement.
What is the minimum deposit?
$100 for Classic and Raw accounts and $1,000 for futures accounts, or the same in your base currency.
Can I lose more than I deposit?
UK and EU retail clients have negative balance protection under local rules. The global site's risk warning says losses can exceed the initial investment, so read the Seychelles client agreement before you trade.
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This profile is factual information, not a recommendation or financial advice. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Read the full disclaimer.
