Tickmill review

Regulated by

FCA (717270); CySEC (278/15); FSCA (49464); Seychelles FSA (SD008); DFSA (F007663, Representative Office)

Regulator tier

Tier 1

Register entry

FCA Financial Services Register, FRN 717270

Client money segregated

Yes

Held at

Major regulated banking institutions

Negative balance protection

Yes

Compensation scheme

FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients

Audited by

Independent external auditors

Not available to

United States, Canada, Japan, North Korea, Iran and other sanctioned/restricted jurisdictions

Check the licence on the regulator's own site, not on a link somebody sent you.

Tickmill holds tier-one authorisations from FCA and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.

Check the licence yourself: the FCA Register, the CySEC register of investment firms, the FSCA list of regulated entities, the Seychelles FSA list of regulated entities, the DFSA public register.

Legal entity

Tickmill Ltd

Company number

8414279-1

Headquarters

London, United Kingdom

Founded

2014

Publicly listed

No

Parent company

Tickmill Group

Employees

330+

Also trades as

Tickmill

Deposit methods

Visa, Mastercard, bank transfer, Skrill, Neteller, Sticpay, cryptocurrency and regional payment methods

Withdrawal methods

Bank transfer, Visa/Mastercard, Skrill, Neteller, Sticpay, crypto and supported regional methods

Deposit time

Instant for most cards/e-wallets; bank transfer typically 1-3 business days

Withdrawal time

Usually processed within 1 business day; receipt depends on payment method

Minimum withdrawal

$25

Local payment methods

Regional bank transfers, mobile/e-wallet services and country-specific payment methods

Spread from

0.0 pips

EUR/USD spread

Approx. 0.1 pips, Raw

GBP/USD spread

Approx. 0.3 pips, Raw

Commission

$3 per side / $6 round turn, Raw

All-in cost, EUR/USD

Approx. 0.7 pips

Spread type

Variable

Overnight swap

Both: overnight swaps charged/credited; Islamic swap-free option available

Currency conversion

Currency conversion applies where currencies differ

An offer that beats the market by a wide margin is the most reliable warning sign there is.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Tickmill lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Stocks, ETFs, Stock Indices, Commodities, Metals, Bonds, Cryptocurrencies

Currency pairs

62

Total instruments

600+

Crypto CFDs

Yes

Maximum leverage

1:1000

Execution model

Hybrid market maker / STP

Execution speed

150ms

Order types

Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop

Servers

London and other global financial data centres

Leverage up to 1:1000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

Tickmill covers forex, stocks, etfs, stock indices, commodities, metals, bonds, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, skrill, neteller, sticpay, cryptocurrency and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, Tickmill Trader, TradingView, MetaTrader WebTrader

Own platform

Yes, Tickmill Trader

Mobile app

Both proprietary and third-party

Browser trading

Yes

Automated trading

Yes; MT4/MT5 Expert Advisors and automated strategies supported

Copy trading

Yes, Tickmill Social Trading

Indicators

80+ Tickmill Trader WebTrader; hundreds through TradingView

Third-party tools

TradingView, Acuity Trading, Advanced Trading Toolkit, Signal Centre, VPS

API access

Yes, institutional/FIX API connectivity

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

Minimum deposit

$100

Account types

Raw, Classic, TradingView Raw, Islamic, Demo

Account currencies

USD, EUR, GBP, ZAR

Islamic account

Yes

Demo account

Yes

Professional account

Yes, where available

Minimum trade size

0.01 lots

Time to open

Typically a few minutes

Support hours

24/5

Contact channels

Live chat, email, phone, contact form

Languages

Multilingual

Telephone

+852 5808 2921

Email

support@tickmill.com

Live chat response

Typically under 2 minutes

Education

Extensive: webinars, seminars, ebooks, video tutorials, articles, forex glossary, technical and fundamental analysis

Research

Extensive: Market Insights, Acuity Trading, Signal Centre, technical/fundamental analysis, calculators and market commentary