Clarytrade
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with Tickmill Europe Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Higher riskStronger profile

Tickmill broker scan

Regulation, real cost, withdrawal friction and red flags to check before you deposit. London (UK) / Mahé (Seychelles) · founded 2014.

FCACySECFSCA+1EU
0
Scan score
83/100
Commission weighted 0%
Main caution: Leveraged CFDs — you can lose more than you deposit.
Best for
Low fees
Not ideal for
Beginners wanting hand-holding

Availability varies by country and entity (not offered in US, CA, JP, TR, SG, IR, IN, KP) — confirm before opening an account.

Check availabilityOpens broker site73% of retail investor accounts lose money when trading CFDs with Tickmill Europe Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

Bottom line

Tickmill has competitive all-in trading costs and reasonable deposit and withdrawal handling, but it offers leveraged CFDs, where most retail accounts lose money, and some clients may be onboarded through an offshore entity with weaker protection. Before depositing, verify the exact legal entity, product access and withdrawal terms that apply to you — and it's worth comparing alternatives before you decide.

Worth comparing if
  • you prioritise regulation
  • you trade forex or CFDs
  • you care about cost transparency
  • you want clearer withdrawal terms
Check alternatives if
  • you want to own spot crypto, not crypto CFDs
  • you're unsure which legal entity would apply to you
  • you're outside its stronger-regulated regions
  • you want non-CFD / direct investing only
Founded
2014
HQ
London (UK) / Mahé (Seychelles)
Min deposit
$100
Withdrawal
Same – next day

Research-based summary — informational only, not financial advice and not a safety guarantee. Verify directly before depositing.

Last updated August 2026·Spreads, fees and withdrawal times are typical/indicative and change with account type and market conditions — verify current terms with the broker before you deposit.·How we score

Scan readout

Eight signals, scored the same way

Regulation confidence82

Medium confidence

Real trading cost90

Competitive all-in cost

Withdrawal friction86

Fast typical payouts

Platform fit84

MT4, MT5

Product risk36

high-risk product mix

Transparency84

Clearly disclosed

Reputation signals80

Complaints & track record

Country availability58

Varies by country

Safety

Regulation snapshot

Regulation confidenceMedium (82/100)
Regulators
FCA United Kingdom, licence 717270 (Tier 1)Verified on registerchecked 2026-09-09
CySEC Cyprus, licence 278/15 (Tier 2)Verified on registerchecked 2026-08-22
FSCA South Africa, licence 49464 (Tier 2)Pending — verifychecked 2026-08-22
FSA Seychelles, licence SD008 (Tier 3)Pending — verifychecked 2026-08-18
Segregated client fundsSegregated fundsClient money held in bank accounts kept separate from the broker's own funds, so it isn't used to run the business and is easier to return if the firm fails.Yes
Compensation schemeICF 90% up to €20,000 (EU entity) · FSCS up to £85,000 (UK entity)
Negative-balance protectionNegative-balance protectionA safeguard that stops your account going below zero, so you can't end up owing the broker more than you deposited. Mandatory for retail clients in some regions.Yes, for retail clients where required/applicable by region

Tickmill uses at least one offshore entity. The licence that protects your money is the one in your client agreement — not necessarily the headline badge. Check which entity onboards you.

Regulatory history (documented)
  • 2025-09-29 · CVM (Brazil): CVM issued Declaratory Act 23.967, a stop order against unauthorised solicitation of Brazilian residents, naming Tickmill Ltd, Tickmill UK Ltd, Tickmill Europe Ltd, Tickmill South Africa (Pty) Ltd and group subsidiary Procard Global Ltd. CVM's position is that no institution is authorised to offer these products to the Brazilian public. official source
  • 2021-03-26 · FCA (United Kingdom): FCA clone-firm warning about 'FxoptionTrade Limited', an unauthorised firm impersonating Tickmill UK Ltd. The notice identifies Tickmill UK Ltd (FRN 717270) as the genuine authorised firm with no connection to the clone — a warning about impersonators, not an action against Tickmill. official source

Neutral, sourced notes only — not an accusation. We show documented regulatory history where we have an official source.

Source: our licence-evidence log — status shown per licenceVerify these licences on the official regulator register before depositing — how to check.

Is Tickmill regulated? Full register check, entity by entity →

Most withdrawal delays are verification delays — how to tell a lawful check from a stall.

Entity check

Which entity could apply to you?

Tickmill may onboard you through a different legal entity depending on your country — which can change your regulator and protection. Decode the entity that may apply before you deposit.

Check account entity
Cost

Real cost snapshot

All-in cost score90/100
Typical spreadSpreadThe gap between the buy (ask) and sell (bid) price. It's a core trading cost — tighter spreads are cheaper for you. (EUR/USD)from 0 pips
CommissionCommissionA flat per-trade fee, common on raw/ECN accounts that show tighter spreads. Always compare spread + commission together as the all-in cost.$6 per lot
Minimum deposit$100
Inactivity fee$10/quarter after 12 months + 10 days dormant (60-day archive carries no fee)
All-in cost index$···· (1/5)

Last updated August 2026·Spreads are typical published figures, not live quotes; fees can change by account type and region. Costs and charges may vary depending on the jurisdiction. — verify current terms with the broker before you deposit.·How we score

Full guide: Tickmill Withdrawal Fees Explained

Full guide: Tickmill Inactivity Fee Explained

Getting paid out

Withdrawal check

Typical withdrawal speed Same – next day (Fast)
Deposit / withdrawal methodsCard, Bank transfer, Skrill, Neteller
VerificationIdentity verification (KYC) required before the first withdrawal.
Account security2FA optional. Second factor on the withdrawal itself.Per Tickmill's own help centre, read 7 Sept 2026, second read. All brokers compared

Withdrawal rules can vary by entity, country and payment method — and regulated brokers usually return funds to your original deposit method first. Available payment methods may vary depending on your jurisdiction, and depending on the payment method, third-party or bank charges may apply. See how withdrawals work.

Risk

Product risk

This reflects the risk of the products offered (e.g. leveraged CFDs) — not the broker's trustworthiness. A lower-risk product label is not an endorsement of the broker.

Product risk levelHigher caution
CFD / leverage riskHigh
Max leverage (region-aware)1000:1 globally; capped at 30:1 for retail clients in the UK/EU/Australia.
Risk warning. CFDs and leveraged products are complex and high-risk. You can lose more than you deposit. Between 62% and 78% of retail CFD accounts lose money. Only trade with money you can afford to lose.

Every entity reports its own figure — compare all 22 we read first-hand.

Markets

Products & markets

ForexCFDIndicesCommodities

Tickmill's own deposit/withdrawal page states it charges zero withdrawal fees, but the offshore (Seychelles) client agreement separately reserves the right to raise commission on a withdrawal up to 5.2% where there has been insufficient trading activity since the last deposit (clause 4.7). Read the agreement for the entity that onboards you.

Things to check

Red flags & what to verify

Neutral checks, not accusations. Confirm each one directly before funding an account.

Mixed regulation — check which entity onboards you
High-risk product mix (leverage / CFDs)
Very high leverage available (1000:1)

Want to recognise these yourself? Try the broker red-flag detector.

Get the broker deposit checklist.

A plain-English checklist for checking regulation, fees, withdrawal terms, leverage risk and red flags before you fund an account.

Educational checklist only — not investment advice and no trading signals. We store your email to send the checklist; no spam. See our privacy policy.

Compare

Alternatives to Tickmill

Other regulated platforms worth scanning side by side, with the single strongest reason each could be a better fit.

IC Markets logo

High-volume raw-spread ECN broker popular with scalpers and EAs.

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Match
Higher riskHigh regulation

Why this fits: Stronger regulatory profile vs Tickmill. Scan it before you decide.

Real cost
$····
Withdrawal
Same – next day
Min deposit
$200
Leveraged CFDs — you can lose more than you deposit.
XTB logo

Listed multi-asset broker with commission-free real stocks and a top platform.

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Match
Medium riskHigh regulation

Why this fits: Better beginner fit vs Tickmill. Scan it before you decide.

Real cost
$$···
Withdrawal
Same – next day
Min deposit
$0
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Exness logo

High-leverage broker known for fast, often-instant withdrawals.

0
Match
Higher riskMedium regulation

Why this fits: Faster withdrawals vs Tickmill. Scan it before you decide.

Real cost
$····
Withdrawal
Often instant
Min deposit
$10
Leveraged CFDs — you can lose more than you deposit.

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

FAQ

Tickmill — common questions

Quick, research-based answers to what people check before depositing. Informational only — verify directly.

Is Tickmill regulated?+

Tickmill holds licences from FCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles). We have checked 3 of its 5 licence records first-hand against regulator-authored sources; 2 remain pending independent verification. Client funds are held in segregated accounts, with ICF 90% up to €20,000 (EU entity) · FSCS up to £85,000 (UK entity). Regulation can differ by the entity that onboards you, and some clients are onboarded under an offshore entity with weaker protection. Always confirm the specific licence on the regulator's official register before depositing.

Is Tickmill a scam, or is it legitimate?+

We don't label any broker "safe", but Tickmill is a licensed operator with register-verified tier-1 oversight (FCA), not an anonymous one. The bigger risk is clone scams: fraudsters copy real brokers' names and websites. Reach Tickmill only through its official domain, and verify the licence number on the regulator's own register.

Is Tickmill available in my country?+

Availability — and the legal entity that onboards you — varies by country (Tickmill does not accept US, CA, JP, TR, SG, IR, IN, KP). The entity decides your regulator and protection. Use our entity decoder to see which entity may apply to you, and confirm it during signup.

What does it cost to trade with Tickmill?+

Typical EUR/USD spread is from 0 pips, plus about $6 commission per standard lot, with a $100 minimum deposit. Figures are indicative — confirm current pricing for your account type directly.

How long do withdrawals take at Tickmill?+

Typical withdrawal time is Same – next day. Actual speed depends on your payment method, identity verification (KYC) and the entity that holds your account. Regulated brokers usually return funds to your original deposit method first.

What leverage does Tickmill offer, and is it risky?+

Maximum leverage is around 1000:1 on the global entity, but retail leverage is capped (typically 30:1) in the UK, EU and Australia. Leverage amplifies both gains and losses, and most retail CFD accounts lose money — only trade with money you can afford to lose.

Before you deposit

Before you deposit, compare Tickmill against alternatives.

Check availability — Tickmill73% of retail investor accounts lose money when trading CFDs with Tickmill Europe Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Compare alternatives Scan another broker

Informational scan — not a safety guarantee and not financial advice. Affiliate link; we may earn a commission, which never changes the scan score. Verify availability, fees and regulation directly before depositing.

Regulation & how to verify a licence →Compare platform costs →Full Tickmill review →Broker red-flag detector →Practise in the simulator →Report an issue with Tickmill