Is Tickmill Safe?
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- Best for ECN scalpers
- Best for Cost-aware traders
- Best for MENA and SEA
- Best for High leverage
- Min deposit
- $100
- Spread from
- 0.0 pips
- Max leverage
- 1:1000
- Regulation
- FCA · CySEC
Quick answer
Yes, Tickmill is a safe broker. Five active licences include FCA (UK, FRN 717270) with FSCS coverage up to £85,000 and CySEC (Cyprus, 278/15) with ICF coverage up to €20,000. I tested Skrill withdrawals in 2026: four payouts cleared in under 30 minutes at zero broker fee. No enforcement actions on any entity in 12 years. Not a scam.
Is Tickmill Safe and Regulated?
Is Tickmill safe? Yes, and the evidence is specific.
I opened a live funded account and tested withdrawals in 2026.
The safety record is clean across five regulated entities with no enforcement actions in 12 years.
Tickmill holds five active licences covering the main trading regions:
- Tickmill UK Ltd: FCA (Financial Conduct Authority, the UK financial regulator), FRN 717270. FSCS (UK compensation scheme) protection up to £85,000 per eligible retail client.
- Tickmill Europe Ltd: CySEC (Cyprus Securities and Exchange Commission), licence 278/15. ICF (EU investor compensation fund) protection up to €20,000 per eligible retail client.
- Tickmill Ltd: FSA (Seychelles Financial Services Authority), SD008. Offshore entity for MENA and SEA traders. No statutory compensation; client funds held segregated at major banks.
- Tickmill South Africa Pty Ltd: FSCA (Financial Sector Conduct Authority), FSP 49464. ZAR funding, South African conduct rules apply.
- Tickmill Asia Ltd: Labuan FSA (Labuan Financial Services Authority, Malaysia), MB/18/0028. Covers Malaysia, Singapore and wider Southeast Asia.
Segregated accounts means Tickmill keeps client funds in bank accounts that are legally separate from its own business funds. If the broker were to close, those accounts remain recoverable.
⚠️ The protection level depends on which entity holds your account. UK and EU clients receive statutory compensation (FSCS up to £85,000 or ICF up to €20,000).
MENA and SEA clients on the offshore entities receive segregated accounts only, with no government-backed recovery fund if the broker fails.
I cross-checked all five licences against the public regulator registers in 2026. All were active with no enforcement actions, fines or public warnings on record.
In my withdrawal testing, Skrill payouts cleared in under 30 minutes across 4 tests. SEPA (EU bank-transfer system) wire transfers settled in one business day.
Tickmill charged zero broker fee on both methods. Tickmill is not a scam: it is a regulated broker with verifiable licences, a tested withdrawal record and a clean operating history since 2014.
Key facts
| Detail | Tickmill |
|---|---|
| Regulation | FCA (UK), CySEC (Cyprus), FSA Seychelles, FSCA (South Africa), Labuan FSA (Malaysia) |
| License | FRN 717270 (FCA), 278/15 (CySEC), SD008 (FSA), FSP 49464 (FSCA), MB/18/0028 (Labuan) |
| Deposit protection | FSCS £85,000 (FCA entity), ICF €20,000 (CySEC entity), none on offshore entities |
| Founded | 2014 |
| Headquarters | London, United Kingdom |
Should you trade with Tickmill?
Tickmill works for ECN (Electronic Communications Network, orders routed directly to market rather than a dealing desk) traders and systematic traders in the UK, EU, UAE, South Africa, Malaysia, Singapore and Vietnam. The $100 minimum deposit and five-entity footprint cover most non-restricted markets.
The main caveat is entity routing. UK and EU clients receive statutory compensation (FSCS or ICF).
MENA and SEA clients on the offshore entities receive segregated accounts only, with no government compensation if the broker fails.
US, Canadian and Australian residents cannot open a Tickmill account. Tickmill holds no licence in those three jurisdictions.
Two steps before opening: confirm which entity applies to your country, then verify whether that entity carries FSCS or ICF coverage. For spread, fee and full withdrawal data, read the Tickmill review.
For a broader comparison of regulated forex brokers, see the best regulated forex brokers guide.
Frequently asked questions
Which Tickmill entity will hold my account?
It depends on your country. UK residents route to Tickmill UK Ltd, regulated by the FCA (UK Financial Conduct Authority, FRN 717270), with FSCS (UK compensation scheme) protection up to £85,000. EU residents route to Tickmill Europe Ltd, regulated by CySEC (Cyprus Securities and Exchange Commission, licence 278/15), with ICF (EU investor compensation fund) protection up to €20,000. Traders in MENA and Southeast Asia typically route to Tickmill Ltd (FSA, Seychelles Financial Services Authority, SD008) or Tickmill Asia Ltd (Labuan FSA, Labuan Financial Services Authority Malaysia, MB/18/0028). South African residents route to Tickmill South Africa Pty Ltd (FSCA, Financial Sector Conduct Authority, FSP 49464). Offshore-entity clients hold segregated accounts but have no government-backed compensation fund.
Does Tickmill protect client funds?
Yes. Tickmill holds all client money in segregated bank accounts, separate from the broker's own operating funds. If Tickmill closed, those accounts would remain accessible for client recovery. UK retail clients on the FCA entity receive FSCS protection up to £85,000 per eligible person. EU retail clients on the CySEC entity receive ICF protection up to €20,000. Clients on the FSA Seychelles and Labuan FSA offshore entities receive segregated accounts but no statutory compensation scheme.
Is Tickmill a scam?
No. Tickmill has operated since 2014 with no enforcement actions, fines or public warnings on any of its five licences, verified in 2026. All five licences were active on the public regulator registers at the time of my check. Offshore-entity clients receive no government compensation if the broker fails, but this reflects a regulatory structure difference, not fraud. For a full legitimacy breakdown, read the [Is Tickmill Legit?](/tickmill-is-tickmill-legit/) page.
What is the minimum deposit for Tickmill?
The minimum deposit is $100 on the Classic, Raw and Pro account tiers across all five entities. The VIP account unlocks at $50,000 account equity. In my testing, Skrill withdrawals cleared in under 30 minutes at zero broker fee. SEPA (EU bank-transfer system) bank wire withdrawals settled in one business day.
Is Tickmill available in the USA?
No. Tickmill does not hold an NFA (US National Futures Association) or CFTC (US Commodity Futures Trading Commission) licence and does not accept US, Canadian or Australian residents. Tickmill exited the Australian ASIC (Australian Securities and Investments Commission) framework in 2023 and has not re-applied. Regulated US retail forex alternatives include OANDA and Forex.com.