Tickmill South Africa Review
Our unbiased review of Tickmill trading conditions & operations in South Africa
!! Regulator Warning !!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading Conditions
| Min Trade | USD 1 |
| Min Deposit | ZAR 100 |
| Base Currencies | USD, GBP, EUR, ZAR |
| EURUSD Spreads | 1.6 |
All Reviews
Withdrawal of your money is very hard with Tickmil...
Withdrawal of your money is very hard with Tickmill , they frustrate you with all sorts of excuses
The new mobile app is so user friendly. Tickmill s...
The new mobile app is so user friendly. Tickmill should allow standard account users also access TradingView because right now only raw spread accounts users are allowed to connect to TradingView. The deposit time is fast but the withdrawal time is around 2 days which is not great.
This broker is always improving, execution speed i...
This broker is always improving, execution speed is fast and customer support is the best. I hear they pay interest on deposits but I have never received any. They should also work on their deposit bonus the way it is now you must deposit at least $100 to qualify for bonus which is too high. Lastly the withdrawal time is not good, it takes too long.
The new Tickmill mobile app is excellent, and the ...
The new Tickmill mobile app is excellent, and the addition of TradingView is great. Customer support is also topnotch, the only down side is the deposit/withdrawal methods are not many and instant withdrawal is absent
They like to delay withdrawal for days. Forget ins...
They like to delay withdrawal for days. Forget instant withdrawal, you will never get it with them. You will be lucy to get your withdrawals after 2 working days.
I like that you can cancel a withdrawal after init...
I like that you can cancel a withdrawal after initiating it. I also love the Tickmill Trader mobile app, its the most sophisticated I have seen so far.
A very very good broker, I recommend Tickmill beca...
A very very good broker, I recommend Tickmill because their MT5 is perfect, no lagging, no glitches etc. They also keep evolving and improving which is the sign of a serious broker, recently they have added TradingView.
If you trade with Tickmill and are always unprofit...
If you trade with Tickmill and are always unprofitable then maybe the problem is you, because tickmill provides you all the tools you need especially the acuity trading tools are excellent. Keep it up tickmill
top class broker with world class regulation. howe...
top class broker with world class regulation. however i cannot say ther customer support is the best, it needs improvement.
Very transparent with their spreads and they are h...
Very transparent with their spreads and they are highly regulated. They dont play the games these small brokers play (i mean stop luss hunting etc). I have traded with them for 2 years now using a raw spread account and they are great. They should work on this their new mobile app called tickmill trader, to make it more easy to setup
Hard time opening an account with Tickmill. They k...
Hard time opening an account with Tickmill. They keep rejecting my means of ID even when this is the same ID I used to open an account with other brokers. Their customer support sucks
I had issues trying to connect my Tickmill account...
I had issues trying to connect my Tickmill account to TradingView. I know this is a new feature but they should perfect it soon enough.
Tickmill your minimum withdrawal is too high at 25...
Tickmill your minimum withdrawal is too high at 25 USD. Why not keep it low like other brokers do? Other than that i enjoyed trading with Tickmill using their Raw Account which has very transparent spreads. Tickmill also has a lot of high-end tools which i found very helpful when I was starting out.
The spreads on their Standard (Classic) Account is...
The spreads on their Standard (Classic) Account is too high, if they don't want people to use the standard account they should cancel it and only offer Raw Account. How can one pay up to 1.6 pips on EUR/USD? The only account they have that makes sense is the Raw Account but not everybody is used to trading with commissions.
Tickmill does not have Naira account & that's the ...
Tickmill does not have Naira account & that's the only thing i don't like about them. But their platforms are top notch & execution speed is high. Their spreads are also stable with no unnecessary widening of spread like some brokers do
I trade with Tickmill & their execution speed is h...
I trade with Tickmill & their execution speed is high. I also like their MT5 platform as it is designed for high speed trading and works with keyboard shortcuts. Another thing i like about Tickmill is their account statement and trading history which is very comprehensive.
Tickmill is an international forex broker under strong regulation from the FCA UK, & also accepts clients from Africa
| 📍Country | ⚖️Regulator | #️⃣License No. | 📅Date License Issued | 🔒Trust |
| South Africa | FSCA | FSP 49464 | 2019 | High |
| FSA | Seychelles | SD 008 | Low | |
| FCA | UK | 801701 | 2016 | High |
| Dubai | DFSA | F007663 | High | |
| CySEC | Cyprus | 278/15 | 2015 | Medium |