Tickmill Review
Advantages of Tickmill
- Tickmill Ltd is licensed by the Seychelles Financial Services Authority (FSA) under number SD008 — this is the entity that serves international clients.
- Tickmill UK Ltd is licensed by the UK Financial Conduct Authority (FCA) under number 717270.
- Tickmill Europe Ltd is licensed by CySEC under number 278/15, and Tickmill South Africa (Pty) Ltd by the FSCA under FSP 49464.
- A representative office in the Dubai International Financial Centre belongs to Tickmill UK Ltd and is regulated by the Dubai Financial Services Authority (DFSA) under reference F007663.
- Three live account types: Classic, Raw and TradingView Raw, each with a minimum deposit of 100 (the currency depends on the account).
- Spreads start from 0.0 pips on the Raw and TradingView Raw accounts, and from 1.6 pips on the Classic account.
- Commission: none on Classic, 3 per lot per side on Raw, and 3.5 per lot per side on TradingView Raw.
- Maximum leverage is 1:1000 and is dynamic, changing with position size: 1:1000 up to 2 lots, 1:500 from 2.01 to 200 lots, 1:100 from 200.01 to 400 lots, and 1:10 above 400 lots.
- More than 600 CFDs, including more than 60 currency pairs.
- Platforms: MetaTrader 4, MetaTrader 5, TradingView and Tickmill Trader.
- Deposit and withdrawal methods: bank transfer, cryptocurrency payments, Visa and Mastercard, Skrill, Neteller and UnionPay — with a minimum withdrawal of 25, processed within one business day.
- No deposit commission and no published withdrawal fees; the company covers bank charges on deposits above 5,000. A contractual exception allows a withdrawal commission of up to 5.2% where there has been insufficient trading activity between the last deposit and the withdrawal request.
- An inactivity fee of 10 USD, EUR, GBP or CHF, or 40 PLN, is charged quarterly once an account is classified as dormant (12 months and 10 days without activity and a balance of 50 or less).
- Any Classic or Raw account can be converted to an Islamic account, with handling fees on selected instruments after a grace period that varies by instrument, and an annual 10% charge on long crypto positions after 5 days.
- A VPS service is available through the external partner BeeksFX with a 20% discount on all plans for Tickmill clients; pricing and free-tier conditions are not disclosed.
About Tickmill:
Tickmill was founded in 2014. The group operates through four licensed entities: Tickmill Ltd (Seychelles FSA, SD008), Tickmill UK Ltd (FCA 717270), Tickmill Europe Ltd (CySEC 278/15) and Tickmill South Africa (Pty) Ltd (FSCA FSP 49464), alongside a representative office in Dubai regulated by the DFSA.
Tickmill supports MetaTrader 4, MetaTrader 5, TradingView and Tickmill Trader; the TradingView Raw account runs on TradingView and Tickmill Trader.
Licenses
Tickmill UK Ltd is licensed and regulated by the UK Financial Conduct Authority (FCA) under number 717270, and Tickmill Ltd is licensed by the Seychelles Financial Services Authority (FSA) under number SD008. The group also operates through Tickmill Europe Ltd (CySEC 278/15) and Tickmill South Africa (Pty) Ltd (FSCA FSP 49464), and maintains a representative office in the Dubai International Financial Centre regulated by the DFSA under reference F007663.
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Frequently Asked Questions
How do you withdraw funds from trading?Officially published withdrawal methods are bank transfer, cryptocurrency payments, Visa and Mastercard, Skrill, Neteller and UnionPay. The minimum withdrawal is 25 and requests are processed within one business day, with no published withdrawal fees.Is Tickmill a scam?Tickmill is a licensed broker operating through four entities: Tickmill Ltd (Seychelles FSA, SD008), Tickmill UK Ltd (FCA 717270), Tickmill Europe Ltd (CySEC 278/15) and Tickmill South Africa (Pty) Ltd (FSCA FSP 49464), plus a representative office in Dubai regulated by the DFSA under reference F007663. The level of regulatory protection depends on which entity holds your account.
Disclaimer: This article is for educational and informational purposes only and does not constitute financial or investment advice. Trading forex and CFDs involves a high level of risk due to leverage and may result in losses exceeding your initial investment; it may not be suitable for all investors. Past performance and any awards mentioned are not a guarantee of future results. This page may contain affiliate links, and Easy Trade may receive a commission if you open an account through them, at no extra cost to you. Please conduct your own research and consult a licensed financial advisor before making any trading decisions. For how it compares with other brokers, see our guide to the best forex brokers.
