Desk file · 2026 edition · record confidence: high
Tickmill
We opened the file on Tickmill the way we open every file: register first, marketing never. Trading since 2014, run out of London, United Kingdom, and carrying 5 licence entries on the public record, 1 of them tier-1. Opened under the FCA entity.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | 10.0 |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | 6.6 |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $10.00 |
Spread basis. sampled EUR/USD average on the tightest retail account. Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| FCA | 717270 | United Kingdom | T1 | Tickmill UK Ltd | tickmill.com |
| CySEC | 278/15 | Cyprus | T2 | Tickmill Europe Ltd | tickmill.com |
| FSCA | FSP 49464 | South Africa | T2 | Tickmill South Africa (Pty) Ltd | tickmill.com |
| DFSA | F007663 | United Arab Emirates (DIFC) | T2 | Tickmill UK Ltd (representative office) | tickmill.com |
| FSA Seychelles | SD008 | Seychelles | T3 | Tickmill Ltd | tickmill.com |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- Tickmill UK Ltd clients are covered by the UK FSCS up to £120,000; Tickmill Europe Ltd clients by the Cyprus Investor Compensation Fund up to €20,000 (90% of eligible claim).
- The Seychelles entity (Tickmill Ltd, SD008) is the group's non-EU/non-UK onboarding entity.
- The Raw account has a $100 starting deposit, spreads from 0.0 pips and $3 per lot per side commission.
- Tickmill's DFSA registration (F007663) covers a representative office, not a full client-facing licence.
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- maximum leverage offered by the Seychelles entity
| Founded | 2014 |
| Head office | London, United Kingdom |
| Minimum deposit | $100 |
| Leverage cap | 1:30 for retail clients under FCA/CySEC; higher under the Seychelles entity |
| EUR/USD | 0.10 pips |
| Tier-1 entries | 1 |
| Record confidence | high |
Platforms and account types on file
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Account types
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Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.