Tickmill

Tickmill is a trading name of Tickmill UK Ltd, a financial services company registered in the United Kingdom since September 2019. The broker presents itself as a provider of online trading services, though publicly available independent information about its operations is limited.

According to official records, Tickmill holds regulatory licenses from the Australian Securities and Investments Commission (ASIC) as a Market Making licensee, and from the Seychelles Financial Services Authority (FSA) as a Derivatives Trading Licensee. However, the broker's registration in the UK does not equate to FCA authorization, and traders should verify the exact scope and status of each license.

Tickmill’s regulatory framework is a mix of established and offshore oversight. The ASIC license (Market Making) suggests a certain level of compliance for Australian operations, but the FSA license in Seychelles carries significantly lower investor protection standards compared to major jurisdictions like the FCA or CySEC.

Our review cross-checked the licenses against public registers. While both ASIC and FSA are valid regulators, the absence of FCA authorization for a UK-registered entity raises questions. The FXCanary Scam Risk Score of 85/100 (Severe) reflects these regulatory gaps and the lack of transparent operational history.

Tickmill was founded on 2 September 2019, making it a relatively new entrant in the forex brokerage space. The company’s official registration in the United Kingdom suggests a European presence, but its regulated entities are based in Australia and Seychelles.

The broker describes itself as a financial services company, but aggregated industry data and registry records reveal limited public information about its ownership structure, executive team, or financial stability. This opacity is a significant risk factor for potential clients.

Based on its license types (Market Making and Derivatives Trading), Tickmill likely offers retail forex and CFD trading on various instruments including currency pairs, indices, commodities, and possibly cryptocurrencies. However, specific account types, trading platforms, leverage options, and spreads are not verifiable from public records.

Without access to the broker’s official website or client testimonials, we cannot confirm the range of services or account tiers. Traders should exercise extreme caution and seek detailed information directly from the broker, while remaining aware of the high-risk profile.

Tickmill appears to target retail forex and CFD traders, particularly those comfortable with offshore regulation. The combination of an ASIC license may appeal to clients in the Asia-Pacific region, while the Seychelles license could attract traders seeking less stringent oversight.

Given the severe risk score, this broker is not suitable for conservative or risk-averse traders. Only experienced investors who fully understand the risks of unregulated or lightly regulated entities should consider engaging with Tickmill, and even then with caution.