Tickmill Review: Licences, Withdrawals, Islamic Terms
Verified facts
| Founded | Not published |
| Minimum deposit | $100 |
| EUR/USD spread from | 0.0 pips (Raw Account, $3 per lot per side); Classic Account from 1.6 pips, zero commission — published as account-level "Spreads From" on tickmill.com/trading/accounts-overview, not EURUSD-specific |
| Platforms | MetaTrader 4, MetaTrader 5, TradingView, Tickmill Trader, MetaTrader WebTrader |
| Withdrawal methods | Bank transfer, Visa/Mastercard (credit/debit card), Skrill, Neteller, UnionPay, Crypto (BTC, ETH, USDT, USDC — ERC20) |
| Crypto deposits/withdrawals | Yes |
Withdrawal speed: claim vs. measured
| Broker-published claim | Measured by us |
|---|---|
| Processing Time On Withdrawal: "Within 1 Working Day" for every listed payment method (min withdrawal $25, no withdrawal commission); crypto FAQ adds "We usually process crypto withdrawals within a few minutes to 24 hours" [Source] | Testing in progress |
Islamic account: published terms vs. audit
| Availability | Broker-published claim | Measured by us |
|---|---|---|
| Yes | Any Classic or Raw account convertible to swap-free; same spreads/execution. Swaps replaced by fixed USD-per-lot handling fees after instrument-specific charge-free days (example: EURCZK fee-free 3 nights, fees from 4th night; Classic swap-free: fees start day 41 for XAUUSD, XAUEUR, XAGUSD and JPY/CHF pairs). Crypto CFDs: 10% yearly charge on long positions after 5-day swap-free period. Fees fixed per lot, long or short; may change at Tickmill's discretion. [Source] | Testing in progress |
Maximum leverage by entity
| Regulation | Leverage | Source |
|---|---|---|
| FSA Seychelles Tickmill Ltd (Seychelles) | 1:1000 dynamic — auto-steps to 1:500 / 1:100 / 1:30 as exposure grows; crypto starts 1:200 | Source |
| FCA (UK) Tickmill UK Ltd | Retail 1:30 (1:20 on indices and stocks) | Source |
| CySEC Tickmill Europe Ltd | Retail 1:30 · Professional 1:500 | Source |
Gulf funding and account currency
| mada | Not published |
| KNET | Not published |
| UAE local bank | Not published |
| AED account | No |
Published methods: bank wire, cards, crypto, Skrill, Neteller, UnionPay. The site states plainly: payments are processed in EUR, GBP, ZAR and USD only — so no AED or SAR.
Scalping, Expert Advisors and hedging
| For Scalping | Not published |
| Expert Advisors | Not published |
| Hedging | Not published |
Regulation and license numbers
| Regulation | License no. | Official register |
|---|---|---|
| Financial Conduct Authority (FCA) — Tickmill UK Ltd (United Kingdom) | FCA Register Number: 717270 | Source |
| Cyprus Securities and Exchange Commission (CySEC) — Tickmill Europe Ltd (Cyprus / EU) | License number: 278/15 | Source |
| Seychelles Financial Services Authority (FSA) — Tickmill Ltd (Seychelles) | License number: SD008 | Source |
| Financial Sector Conduct Authority (FSCA) — Tickmill South Africa (Pty) Ltd (South Africa) | License number: FSP 49464 | Source |
| Dubai Financial Services Authority (DFSA) — Tickmill UK Ltd Representative Office (UAE (DIFC)) | Reference Number: F007663 | Source |