Is Tickmill a Scam? Regulation Check 2026

We ran Tickmill through the kitchen inspection, looking up its licence in the official FSA register. Here is what the paperwork says.

Verdict

Tickmill is NOT a scam. It cooks under FSA licence SD008, which clears it to serve trading in South Africa.

How to verify on the official register

RegulatorFSA FSA
Seychelles Financial Services Authority (FSA)
Licence NumberSD008
Regulated EntityTickmill Ltd
Founded2014

What the FSA seal buys you

A FSA-regulated kitchen has to keep client money in its own segregated pot, offer negative balance protection, and open its books to independent audits. If something goes wrong, you can take your complaint straight to FSA.

What the FSA seal puts on your plate

  • Your money kept in a segregated pot, walled off from Tickmill's own capital
  • Negative balance protection, so you can never lose more than you put on the table
  • A direct line to FSA for complaints if Tickmill will not put things right
  • Regular independent audits of Tickmill's books under FSA oversight

Frequently Asked Questions

Is Tickmill a scam or legitimate?

Tickmill is NOT a scam. It is authorised by FSA, one of the most respected inspectors in the business, and the authorisation is publicly verifiable on the official FSA register.

How do I check Tickmill's FSA licence?

Open the official FSA website and use the public register search. Search the entity name; the entry will confirm Tickmill's authorisation status and exactly what it is cleared to serve.

Are my funds safe with Tickmill?

As a FSA-regulated kitchen, Tickmill must keep every client's money in its own segregated pot, walled off from the firm's own funds. That shields your deposit even if Tickmill runs into trouble.

What protection do I have as a Tickmill client in South Africa?

In South Africa, Tickmill sits under FSA supervision, so you get: segregated client money, negative balance protection (you can never lose more than is on the table), and the right to take a complaint straight to FSA.

76% of retail investor accounts lose money when trading CFDs with Tickmill.

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