TIER 1 · FSA-SC · FCA · CySEC · FSCA +1RBI ALERT LIST#41 of 66 international brokers

Tickmill review: the verdict.

Listed on the Reserve Bank of India Alert ListThe RBI lists Tickmill as not authorised to deal in forex or run a forex trading platform for Indian residents. Indian residents trading forex on unauthorised platforms can face action under FEMA. Source: RBI Alert List (RBI press release 2025-2026/1530, 19 Nov 2025; checked 24 Oct 2026).

Verdict score

6.8 / 10

Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.

Regulation10.0

Best licence: Tier 1

Trading cost5.0

No published spread

Accessibility8.0

Min deposit $100

Platforms & payments9.2

4 platforms · 6 payment methods

Outside ratings4.7

Trustpilot 2.3 from 1,193

Tickmill vs top-rated peersPER YEAR

I trade standard lots of EUR/USD a month.

Trive$720

GO Markets$1,200

FP Markets$1,440

Zero Markets$1,440

Vantage$1,440

Cheapest vs most expensive here, per year$720

Regulation

Who licenses Tickmill.

Licences as Tickmill lists them. A tick means we found the entity on the regulator's own register.

Regulator	Tier	Entity	Licence no.	On register
FSA-SC	OFFSHORE	Tickmill Ltd	SD008	Not yet checked
FCA	TIER 1	Tickmill UK Ltd	717270	Not yet checked
CySEC	TIER 2	Tickmill Europe Ltd	278/15	Not yet checked
FSCA	TIER 2	Tickmill South Africa (Pty) Ltd	FSP 49464	Not yet checked
DFSA	TIER 2	Tickmill UK Ltd (DFSA Representative Office)	F007663	Not yet checked

Accounts

Published EUR/USD costs.

Account	Spread	Commission	Cost / lot
Classic from	—	$0	—
Raw from	—	$6	—
TradingView Raw from	—	$7	—

Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.

Key facts

The fine print.

Website

www.tickmill.com

Founded

Not published

Headquarters

Not published

Minimum deposit

$100

Max leverage

1:1000

EU/UK leverage cap

—

Platforms

MT4, MT5, TradingView, own app

Deposits & withdrawals

Bank wire, Cards, Crypto, Skrill, Neteller, UnionPay

Islamic (swap-free) account

Yes

Copy trading

Yes

Withdrawal fees

Not published

Inactivity fee

Not published

Restricted countries

Footer: services not directed at persons in Singapore, United States, Iran, India or Japan.

RBI Alert List (India)

LISTED as "Tickmill" · list of 19 Nov 2025 · checked 24 Oct 2026

Verified reviews

Traded with Tickmill? Prove it.

Verified reviews open soon. Reviews backed by a statement, a read-only MT4/MT5 login or a withdrawal receipt count up to 3× more, and every verified review enters the weekly 100 USDT draw.

Outside rating used for now: Trustpilot 2.3 from 1,193 reviews.

Compare Tickmill

Visit Tickmill

Sources · data as of 2026-10-24

accounts: www.tickmill.com/trading/accounts
platforms: www.tickmill.com/
regulators: www.tickmill.com/
trustpilot: www.trustpilot.com/review/tickmill.com
copy trading: www.tickmill.com/
max leverage: www.tickmill.com/trading/accounts
islamic account: www.tickmill.com/trading/accounts
min deposit usd: www.tickmill.com/trading/accounts
payment methods: www.tickmill.com/
restricted countries note: www.tickmill.com/

Research notes: Accounts page gives generic 'spreads from' (Classic 1.6, Raw/TradingView Raw 0.0 pips), not EUR/USD-specific, so per-account EUR/USD spread left null. Commission: Raw $3/lot/side (=$6 RT), TradingView Raw $3.5/side (=$7 RT). Min deposit $100 'may vary by base currency'. Copy trading = 'Follower'/'Strategy provider' social trading tools on homepage. Homepage stats say 'FSC Regulated' while footer says Seychelles FSA. Footer copyright 2015-2026 and '12+ years experience' - founding year not stated. Regulation, deposits pages and FCA register returned errors (register is JS-rendered).

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