Tickmill Review

Tickmill review for traders in the UAE, Saudi Arabia, India, Pakistan and Malaysia: the Seychelles entity for international clients, its Labuan and Dubai offices, and our score.

International clients deal with Tickmill Ltd in Seychelles, a tier-3 regulator, backed by a group with FCA and CySEC licenses. Its Dubai presence is only a representative office. It is on the RBI Alert List.

Tickmill at a glance

RegulatorsCySEC, FCA, FSA Seychelles, FSCA, Labuan FSA
Maximum leverage1:500 (offshore entities)
PlatformsMT4, MT5, Proprietary platform

What we like

  • Clear entity disclosure on its licences page
  • Group licensed by the FCA and CySEC
  • Labuan entity and DFSA representative office in the region
  • MT4, MT5 and its own app

What we don't

  • International clients served by the Seychelles entity (tier 3)
  • DFSA presence is a representative office, not a dealing license
  • On the RBI Alert List in India
  • No published costs or withdrawal times captured yet

Which Tickmill entity will you sign up with?

Your protection depends on the entity that opens your account, not on the strongest license in the group. This is who serves each region, taken from the broker's legal disclosures and checked on the regulator's register where one is published. Every source is listed at the end of the review.

EntityRegulatorLicenseTierServes
Tickmill Ltd FSA Seychelles SD008 Tier 3 International clients
Tickmill Asia Ltd Labuan FSA MB/18/0028 Tier 3 Asia
Tickmill UK Ltd (DIFC representative office) DFSA F007663 Tier 2 Representative office only
Tickmill UK Ltd FCA 717270 Tier 1 United Kingdom
Tickmill Europe Ltd CySEC 278/15 Tier 2 European Union

Tickmill is a UK-founded broker with FCA and CySEC licenses for its home markets. International traders, including most of our readers, are served by Tickmill Ltd, a securities dealer licensed in Seychelles.

Is Tickmill regulated?

Tickmill’s licences page names Tickmill Ltd, regulated as a securities dealer by the Financial Services Authority of Seychelles under license SD008. Seychelles is tier 3 in our model. The group also includes Tickmill UK Ltd (FCA 717270), Tickmill Europe Ltd (CySEC 278/15), Tickmill South Africa (FSCA FSP 49464) and Tickmill Asia Ltd, licensed by the Labuan Financial Services Authority (MB/18/0028).

Tickmill in your country

  • UAE: Tickmill UK Ltd has a representative office in the DIFC, regulated by the DFSA (F007663). A representative office can promote the group but doesn’t open trading accounts, so UAE traders still deal with an offshore entity.
  • Malaysia: Tickmill Asia holds a Labuan license. A Labuan license doesn’t by itself allow a broker to serve Malaysian residents onshore.
  • India: Tickmill is on the Reserve Bank of India’s Alert List. We don’t link to brokers from our India pages.
  • Saudi Arabia and Pakistan: no local license found.

Accounts and platforms

Tickmill offers Classic, Pro and VIP accounts, with leverage up to 1:500 through its offshore entities, and segregated client funds across its regulated companies. Platforms include MT4, MT5 and its own Tickmill Trader app. We haven’t yet captured its published spreads or withdrawal times, so it has no Log entry for now.

Complaints

A public complaints forum carries a 2025 thread from a Seychelles-entity client alleging withheld withdrawal funds. We can’t verify single cases, but we watch for patterns.

Who Tickmill suits

Tickmill suits cost-conscious traders who are comfortable with a Seychelles license and want a broker with established UK and EU operations behind the brand.

Sources

Every fact in this review comes from one of these sources. Dates show when we last checked each one.

  1. Tickmill: licences and regulation, checked 2026-10-07
  2. FXStreet: Tickmill group entities and license numbers, checked 2026-10-07
  3. Forex Peace Army: withdrawal complaint, checked 2026-10-07
  4. Reserve Bank of India: Alert List, updated 19 November 2025, checked 2026-10-07

Review changelog

DateChange
2026-10-07First published