Is Tickmill Legit? We Checked Its Licences on the Regulators’ Registers

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Licence check: Is Tickmill legit?

Most “Tickmill review” pages repeat what the broker says about itself. We did something simpler and more useful: on 15 October 2026 we looked up each Tickmill company on the regulators’ own public registers. Below is what we could verify, what we could not, and what it means for a trader in Asia.

Tickmill licences we verified

RegulatorCompanyLicence / referenceStatus
FCATickmill UK Ltd717270Listed on the register (checked 15 Oct 2026)
CySECTickmill Europe Ltd278/15Listed on the register (checked 15 Oct 2026)
FSA (Seychelles)Tickmill Ltd–Listed on the register (checked 15 Oct 2026)

Claims we could not verify

These appear on the broker’s own pages or in third-party reviews. We could not confirm them on an official register, so treat them as unverified:

  • FSCA (South Africa): FSP 49464 (register not reachable or blocking automated checks).
  • DFSA (Dubai): representative office (register not reachable or blocking automated checks).

Which company will open your account?

Large broker groups use several companies with different licences. The company that matters is the one named in your client agreement, and that depends mainly on where you live. Tickmill UK Ltd (FCA) serves UK clients and Tickmill Europe Ltd (CySEC) serves the EU. Traders in most other countries, including Southeast Asia, are usually onboarded by the offshore company, Tickmill Ltd in Seychelles. Before depositing, open the client agreement and check that the company name and licence number there match the register.

What the licences mean for your protection

RegulatorTypeCompensation if the company fails
FCATier-1 (United Kingdom)FSCS, up to £85,000 per person
CySECEU (Cyprus)Investor Compensation Fund, up to €20,000
FSA (Seychelles)OffshoreNo comparable compensation scheme

Accounts

Tickmill lists these account types: Standard, Pro, Raw Spread. It does not offer a cent account. It also has a raw-spread account with commission. Spreads and fees change, so compare the current figures on the broker’s site; our guide to trading costs shows what to look at.

Our verdict

Tickmill is a real, regulated group with two strong licences, FCA and CySEC, both confirmed on the registers. The important detail for traders in Asia is that you will most likely deal with the Seychelles company, which is licensed but offshore and has no compensation scheme comparable to the UK or EU. That is a normal set-up for international brokers, not a red flag, but it means your protection is lower than the “FCA-regulated” headline suggests.

How to check it yourself in five minutes

  1. Find the company name and licence number in the footer of the broker’s website or in the client agreement.
  2. Search for that company on the regulator’s own register, not through a link sent by the broker.
  3. Check that the website address and company name on the register match.
  4. If anything does not match, treat it as a clone or a scam. Our guide on how to check a broker’s regulation shows each step.

Frequently asked questions

Is Tickmill regulated in my country?

Probably not. Vietnam’s State Bank has not licensed any retail forex broker, and offshore brokers are generally not licensed by Asian regulators. That is why the licence of the company that opens your account matters so much.

Is my money safe with Tickmill?

No broker is risk-free. Your protection depends on the company that holds your account: an FCA or CySEC company is covered by a compensation scheme, an offshore company usually is not. Keep only the money you actively trade with at any broker.

Disclosure: Tickmill is one of the brokers leaksfx may receive a commission from, and our author works with some brokers as an Introducing Broker. That is why we limited this page to facts that can be checked on official registers; see how we review brokers. Forex and CFD trading on margin is high-risk and most retail traders lose money.