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▸ Broker Review · 2026

Tickmill Review 2026

Reviewed by
Steffen Droell· Engine Forex Founder & Chief Editor
15+ yrs experienceUpdated Nov 4, 2026View profile
RegulatedFSA· VerifiedFCA· VerifiedCySEC· VerifiedFSCA· VerifiedDFSA· Verified
Trustpilot2.31,193 reviewschecked 18 Oct 2026
VerifiedNot on the registerClaimed, not verified / Cannot be verifiedTechnology partnerAuthorised representativeLimited scope
Register-Verified5/5 licences checked
  • Founded2014
  • HQLondon, United Kingdom
  • AccountsClassic, Raw, TradingView Raw

Min Deposit

$100

Spread From

0.0 pips

Leverage

1:1000

Platforms

MT5MT4TradingViewWebTrader

What these checks prove

  • FSA
    Tickmill Ltd appears on Financial Services Authority (Seychelles)'s register. Matched on the company name, which is the only identifier this register publishes, so the licence number quoted here (SD008) could not be checked against it. Financial Services Authority (Seychelles) publishes no status field, so this confirms the firm appears on the register and not that its licence is currently in force. The Seychelles FSA publishes neither licence numbers nor firm status. A firm that loses its licence is simply removed from the list, on no published schedule.

▸ Quick Verdict

Tickmill scores 7.9/10 in our assessment, regulated by Seychelles Financial Services Authority (FSA), Financial Conduct Authority, Cyprus Securities and Exchange Commission (verified on the official registers). The standout strength is raw spreads from 0.0 pips on majors; the main trade-off is trustpilot rating suspended over fake reviews.

Pros

  • ✓Raw spreads from 0.0 pips on majors.
  • ✓FCA, CySEC, DFSA licences all register-verified.
  • ✓600+ instruments across seven asset classes.
  • ✓Zero deposit and withdrawal fees.
  • ✓Free Advanced Trading Toolkit for MetaTrader.

Cons

  • ✗Trustpilot rating suspended over fake reviews.
  • ✗FSCA licence only partially confirmed on the register.
  • ✗Support channels and hours unconfirmed.
  • ✗Significant conditions vary between entities.
How we reviewed Tickmill: This review was researched using EngineForex's broker review methodology. Regulatory licence claims are checked against the issuing authorities' public registers. The Trust and Regulation section states, for each licence, whether the pairing is verified, partially confirmed, or not yet confirmed. Trustpilot ratings were checked live, and information was cross-referenced across at least two independent sources. Spreads, fees, and leverage figures are pulled directly from the broker's published pages. For the full methodology, see EngineForex's "How We Review Brokers" page. Read our full methodology →
Level 01 / 09▸ Overview

Overview

Tickmill is a forex and CFD broker with its UK entity headquartered in London, founded in 2014. The company serves over 623,000 clients through multiple regulated entities, processing monthly volumes above $196 billion. Tickmill does not accept US clients.

The instrument list covers 600+ CFDs: forex, commodities, stock indices, individual stocks and ETFs, bonds, and cryptocurrencies. The UK entity also offers futures and options with a separate $1,000 minimum deposit.

On the Raw account, spreads start from 0.0 pips on major pairs with a $3 per lot per side commission. The Classic account charges zero commission but widens spreads to 1.6 pips. Execution averages 0.15 seconds via a hybrid model.

The broker holds verified FCA, CySEC, and DFSA licences. Yet Trustpilot has suspended its consumer rating after stripping out fake reviews. That tension between institutional credibility and consumer-facing reputation runs through this review.

Tickmill suits experienced forex and CFD traders who care about tight spreads and multi-regulator safety nets, and who are comfortable navigating differences between the broker's various entities.

Level 02 / 09★ Safety

Trust & Regulation

What licences does Tickmill hold?

Tickmill holds 5 licences from 5 regulators.

  1. Tickmill UK Ltd, FCA FRN 717270: UK clients. Verified on the register.
  2. Tickmill Europe Ltd, CySEC CIF 278/15: EU clients. Verified on the register.
  3. Tickmill South Africa (Pty) Ltd, FSCA FSP 49464: South African clients. Verified on the register.
  4. Tickmill UK Ltd, DFSA F007663: a representative office in the DIFC (Dubai), licensed to market Tickmill UK Ltd's services, not to deal. Verified on the register.
  5. Tickmill Ltd, FSA Seychelles SD008: international clients. Verified on the register, listed as "Tickmill Ltd". The register publishes no licence numbers, so SD008 is the broker's own figure.

Former authorisations: Tickmill Asia Ltd held a Labuan money-broking licence; the Labuan FSA's list of surrendered and revoked money brokers records it as surrendered on 10/01/2025.

Tickmill Europe Ltd holds a CySEC licence (278/15), verified as active, allowing passporting across the EEA under MiFID II. The BaFin (146511) and CONSOB (4310) registrations are passported notifications from that CySEC licence, not separate standalone authorisations.

Client Fund Protection

Client money is held in segregated accounts at tier-1 banks. FCA clients receive FSCS protection up to £85,000 per person under the statutory scheme. Tickmill advertises coverage of £120,000, but this higher figure could not be independently verified; UK clients should rely on the standard FSCS limit.

EU clients under CySEC receive up to €20,000 through the Investor Compensation Fund. Negative balance protection applies across all entities.

Tickmill references Lloyd's of London fund insurance covering $20,000 to $1,000,000 per client in insolvency. This claim could not be independently verified.

Company History & Reputation

Trustpilot has suspended Tickmill's rating, stating it removed fake reviews due to a "breach of our guidelines." The profile shows 1,124 total reviews: 59% five-star versus 23% one-star.

Recent complaints from April 2026 onward cite slippage during high-impact events, and at least one user reported funds confiscated without notice.

Reviews.io shows 1.2 out of 5 from 97 reviews, with only 3% recommending the broker. However, many visible reviews appear to be recovery-scam spam, likely dragging the score down artificially.

Google Reviews for the Cyprus office shows 4.4 out of 5 from 23 reviews. The iOS app carries 4.9 out of 5 from 8 ratings. DayTrading.com gives 4.0 out of 5.

Reddit sentiment splits down the middle, with smooth withdrawals and competitive spreads on r/Forex balanced against isolated reports of account issues. Reports of scammers impersonating the brand reflect third-party fraud, not broker misconduct.

EngineForex Trust Score

Tickmill: 70/100 (Grade B)

  • Component: Regulator tier coverage · Score: 40/40 · Note: 4 tier-1 licences
  • Component: Number of regulators · Score: 15/15 · Note: 10 regulators
  • Component: Years of operation · Score: 15/15 · Note: 12 years (10+)
  • Component: Trustpilot rating · Score: 0/20 · Note: no Trustpilot rating
  • Component: Trustpilot review volume · Score: 0/10 · Note: no Trustpilot reviews

Computed deterministically from verified register reads, founding year, and live Trustpilot data. See EngineForex's "How We Review Brokers" for the full methodology.

▸ At a Glance

CategoryScoreWhy
Trust & Safety7.0/10FCA tier-1 plus CySEC (with BaFin/CONSOB passports) and DFSA, segregated funds, 12 years operating, FSCS up to £85,000.
Fees & Spreads10.0/10Raw account 0.0 pip EUR/USD plus $3/lot/side ($6 round turn), no inactivity fee found.
Platforms & Tools8.0/10MT4 plus MT5 plus TradingView plus Tickmill Trader, mobile apps on iOS and Android.
Research8.0/10Signal Centre, Acuity Trading, TradingView economic calendar, daily analysis.
Education6.0/10Webinars, seminars, video tutorials, blog. Standard industry level.
Mobile Experience6.0/10Standard MT4/MT5 mobile plus proprietary app; iOS 4.9/5 from only 8 ratings.
Tradable Instruments10.0/10600+ instruments across forex, indices, commodities, stocks/ETFs, bonds, crypto, futures.
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Level 03 / 09◆ Fees

Fees & Spreads

Spreads

The Raw account delivers spreads from 0.0 pips on major pairs like EUR/USD and AUD/USD. Typical AUD/USD spread sits around 0.1 pips. The Classic account starts from 1.6 pips with zero commission. The Raw account's $6 round-turn commission combined with near-zero spreads favours scalpers and high-frequency strategies.

Note: MT4/MT5 charts display raw prices regardless of account type. Classic account users will see tighter spreads on charts than what they actually pay.

  • Instrument: EUR/USD · Account Type: Raw · Spread Type: Minimum · Spread: 0.0 pips · Source: per broker website, read May 2026
  • Instrument: AUD/USD · Account Type: Raw · Spread Type: Typical · Spread: 0.1 pips · Source: per broker website, read May 2026
  • Instrument: BTCUSD · Account Type: Raw · Spread Type: Typical · Spread: 24.9 · Source: per broker website, read May 2026
  • Instrument: Brent Crude · Account Type: Raw · Spread Type: Typical · Spread: 0.04 · Source: per broker website, read May 2026
  • Instrument: DE40 (DAX) · Account Type: Raw · Spread Type: Typical · Spread: 0.91 · Source: per broker website, read May 2026

Commissions

Raw Account: $3 per lot per side ($6 round turn). TradingView Raw Account: $3.5 per lot per side. Classic Account: zero commissions on forex and precious metals.

Swap & Overnight

Swaps apply at 00:00 platform time. Wednesday nights carry triple swap for the weekend rollover. Crypto longs incur a 10% annual swap charge, though new crypto positions on MT4/MT5 receive a 5-day swap-free grace period. Turkish Lira pairs (USDTRY, EURTRY, GBPTRY) are currently close-only.

Inactivity & Other Fees

No inactivity fee was found. Tickmill charges zero fees on deposits and withdrawals from its side; third-party providers may apply their own charges.

Level 04 / 09▶ Platforms

Platforms

Four platforms are available, though availability depends on your region and entity.

UK clients can access MT4, MT5, TradingView, and Tickmill Trader. The EU entity (CySEC) lists MT4, MT5, WebTrader, MetaTrader for Mac, the Tickmill Mobile App, and VPS, but does not prominently feature TradingView.

MetaTrader 4 runs on Windows, macOS, iOS, Android, and WebTrader. It supports 39 languages and 180+ CFD instruments with 50+ technical indicators, 30 built-in indicators, 24 graphical objects, and 24/7 Expert Advisor support backed by VPS through BeeksFX at a 20% client discount.

MetaTrader 5 adds advanced pending orders, a built-in economic calendar, additional order types, and depth-of-market data, better suited for multi-asset strategies.

TradingView integration comes through the TradingView Raw account, limited to USD base currency with a $3.5 per lot per side commission.

Tickmill Trader is the broker's proprietary platform.

The free Advanced Trading Toolkit for MT4/MT5 bundles 100+ technical indicators, 50+ drawing tools, a Sentiment Trader, Alarm Manager, Trade and Mini Terminal, Correlation Matrix, and Figaro charting tools.

Level 05 / 09▸ Instruments

Tradable Instruments

Tickmill provides 600+ CFDs across multiple asset classes:

  • Forex: 62 currency pairs (majors, minors, exotics), spreads from 0.0 pips
  • Stock Indices: 20+ global indices including AFRICA40 and CHINA50, zero commissions
  • Commodities: 17 instruments covering agriculture, energy, precious metals
  • Stocks & ETFs: 500+ symbols, zero commissions
  • Bonds: German government treasuries
  • Cryptocurrencies: Bitcoin, Ethereum, Litecoin and others
  • Futures & Options: S&P 500, DJIA, NASDAQ (UK entity only, $1,000 minimum)

Leverage differs significantly by entity. Tickmill Ltd (Seychelles) offers 1:1000 (International) on forex and commodities, 1:100 on stock indices, 1:20 on stocks, and 1:100 on bonds.

Tickmill Europe (CySEC) retail clients receive 1:30 (EU) on major forex, 1:20 on indices, 1:5 on stocks, and 1:5 on bonds. UK retail clients under the FCA face the same 1:30 (EU) cap. CySEC professional clients can access up to 1:500.

Confirm which entity you will be onboarded to before depositing.

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Level 06 / 09▶ Accounts

Account Types

  • Feature: Minimum Deposit · Classic: 100 (base currency) · Raw: 100 (base currency) · TradingView Raw: 100 (base currency)
  • Feature: Spreads From · Classic: 1.6 pips · Raw: 0.0 pips · TradingView Raw: 0.0 pips
  • Feature: Commission · Classic: Zero · Raw: $3/lot/side · TradingView Raw: $3.5/lot/side
  • Feature: Max Leverage (Seychelles) · Classic: 1:1000 (International) · Raw: 1:1000 (International) · TradingView Raw: 1:1000 (International)
  • Feature: Max Leverage (UK/EU retail) · Classic: 1:30 (EU) · Raw: 1:30 (EU) · TradingView Raw: 1:30 (EU)
  • Feature: Max Leverage (EU pro) · Classic: 1:500 · Raw: 1:500 · TradingView Raw: 1:500
  • Feature: Platforms · Classic: MT4, MT5 · Raw: MT4, MT5 · TradingView Raw: TradingView
  • Feature: Base Currencies (Seychelles) · Classic: USD, EUR, GBP, ZAR · Raw: USD, EUR, GBP, ZAR · TradingView Raw: USD only
  • Feature: Base Currencies (UK/EU) · Classic: USD, EUR, GBP, PLN, CHF · Raw: USD, EUR, GBP, PLN, CHF · TradingView Raw: USD only

All accounts use market execution averaging 0.15 seconds. Margin call triggers at 100%, stop-out at 30%, minimum lot is 0.01.

The Islamic (swap-free) account replaces swaps with handling fees after a grace period. On Classic swap-free accounts, fees on gold, JPY crosses, and CHF crosses begin from day 41.

Demo accounts come with virtual funds, no time limit, and real market conditions. Demo accounts do not reflect dividend adjustments on index CFDs.

Futures and Options require a separate $1,000 deposit.

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Level 07 / 09▸ Deposit

Deposits & Withdrawals

Tickmill charges zero fees on deposits and withdrawals. Minimum deposit is $100 (or equivalent), minimum withdrawal is $25. Third-party payments are not accepted; the payment method must be in your name.

Payment methods by entity:

  • Global (Seychelles): Bank Transfer (USD, EUR, GBP, ZAR), Visa/Mastercard, Skrill, Neteller, UnionPay, Crypto (BTC, ETH, USDT, USDC via ERC20).
  • EU (CySEC): Adds PayPal, Trustly, and Przelewy24, supporting PLN and CHF alongside EUR, GBP, USD.

Processing times: Visa/Mastercard, Skrill, Neteller, and crypto deposits process instantly. Bank transfers take 2 to 7 working days. Tickmill processes withdrawals within 1 working day. Skrill and Neteller arrivals are instant, cards take up to 8 working days, bank wires take 2 to 7 working days.

The Zero Fees Policy covers bank wire deposits of $5,000 or more, with Tickmill reimbursing fees up to $100.

Card withdrawals follow a return-to-source rule: amounts equal to total card deposits go back to the same card, with excess going to your preferred alternative method. This is standard anti-money-laundering practice.

Level 08 / 09▶ Education

Research & Education

Tickmill provides Signal Centre and Acuity Trading for trade ideas and sentiment data. The Economic Calendar (powered by TradingView) filters by impact level and event type.

Forex Calculators handle margin, pip value, swap rates, and profit calculations. The toolkit is competent, though traders relying heavily on proprietary research may find it less distinctive than some larger brokers.

Educational content includes webinars, seminars, video tutorials, and blog articles covering technical and fundamental analysis. Solid but standard, with no structured academy or tiered learning path.

Level 09 / 09★ Support

Customer Support

Specific data on support channels, availability hours, supported languages, and response times was not available from verified sources. The broker references a multilingual support team, but live chat hours, phone availability, and typical response times could not be confirmed.

Testing Tickmill's responsiveness directly before committing funds is advisable.

▸ Our Verdict

Our Verdict on Tickmill

Tickmill delivers for cost-conscious forex traders: verified raw spreads from 0.0 pips, $3 per lot per side commission, execution averaging 0.15 seconds, and FCA, CySEC, and DFSA licences confirmed on official registers.

Platform selection covers most trading styles with MT4, MT5, TradingView, and Tickmill Trader, plus the free Advanced Trading Toolkit. With 600+ instruments across seven asset classes, the range sits above average.

The reputation picture demands caution. Trustpilot suspending a broker's rating after removing fake reviews is not a minor footnote. The polarized review split and recent complaints about slippage and fund confiscation are not easily dismissed.

The FSCA register shows FSP 49464 as "Authorized", partially confirming the claim. Meaningful differences between entities mean traders should know exactly which entity they will be assigned to before depositing.

Best for: Experienced traders wanting raw spreads from a well-regulated broker who understand multi-entity structures.

Skip if: You rely on consumer reviews for trust signals or need verified 24/7 support before committing.

Breakdown

  • Trust7.0
  • Fees10.0
  • Platforms8.0
  • Research8.0
  • Education6.0
  • Mobile6.0
  • Instruments10.0
Not the right fit? See other brokers we recommend

Also Featured In

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Reviewed by

Steffen Droell· Engine Forex Founder & Chief Editor· 15+ yrs experience

Steffen Droell is the chief editor of Engine Forex. He set the scoring methodology every broker on the site is measured against, and he signs off on each review before it publishes, including checking every licence number against the regulator's own public register.

Published Jun 25, 2026 · Updated Nov 4, 2026

Fact-checked by Engine Forex Editorial · In-house research desk

Fresh from Tickmill

▸ Latest verified updates
Industry press

Tickmill adds CME Spot-Quoted Futures to MetaTrader 5

Tickmill has expanded its product range by introducing CME-listed Spot-Quoted Futures on the MetaTrader 5 platform, available alongside its existing roughly 600 CFDs. Spot-Quoted Futures are priced in spot terms, which may suit traders more familiar with cash market pricing. Clients interested in futures trading should check Tickmill's updated instrument list and any associated margin or contract specifications.

Broker-Test.de
Industry press

Tickmill plans MENA expansion with new offices and expected regional licence

Tickmill has announced an acceleration of its Middle East and North Africa strategy, including new offices in Kuwait and Oman and an anticipated new regional licence. The expansion also includes the launch of in-app CFD trading for the region. Clients based in or trading through MENA entities should watch for regulatory and product changes as the rollout progresses.

LeapRate
Industry press

Tickmill opens MENA regional office and launches new products for Middle East

Tickmill has accelerated its expansion into the Middle East and North Africa region by opening a regional office, making new hires, and launching additional products to serve local clients. The broker is also expanding market access as part of a broader forward-looking growth strategy for the region. Traders based in or trading through Tickmill's MENA operations should watch for updated product availability and local support options.

Business News This Week

Frequently Asked Questions

Yes. Tickmill UK Ltd is authorised by the Financial Conduct Authority with FRN 717270, verified as active on the FCA register. UK clients are protected by the FSCS up to £85,000 per person under the statutory scheme and benefit from negative balance protection. Tickmill claims coverage of £120,000, but this could not be independently verified, so UK clients should rely on the standard FSCS protection limit.

The minimum deposit is 100 units of your chosen base currency across Classic, Raw, and TradingView Raw accounts. Futures and Options accounts require $1,000.

Raw and TradingView Raw accounts start from 0.0 pips on major pairs like EUR/USD. Classic accounts start from 1.6 pips with zero commission. Commission on the Raw account is $3 per lot per side ($6 round turn).

Yes. Demo accounts are available with virtual funds and no time limit, using real market conditions. They do not reflect dividend adjustments on index CFDs.

UK retail clients are capped at 1:30 (EU) on major forex pairs under FCA regulation. Professional clients may access higher leverage. Under the Seychelles entity, leverage reaches 1:1000 (International), but UK-based traders would typically be assigned to the FCA-regulated entity.

Trustpilot suspended Tickmill's rating due to a "breach of our guidelines," confirming it removed fake reviews. The 1,124 reviews remain visible with a 59% five-star and 23% one-star split, but no aggregate score is displayed.

No. Tickmill charges zero fees on deposits or withdrawals. Intermediary banks or e-wallet providers may apply their own charges. Bank wire deposits of $5,000 or more qualify for fee reimbursement up to $100 under the Zero Fees Policy.

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