Tickmill
A brokerage company founded in 2014, with its operational headquarters in London and authorised entities in four jurisdictions. It offers a single direction: CFD trading — contracts for difference on the currency market, indices, commodities, bonds, cryptocurrencies, stocks and ETFs.
- CFD trading
- Options trading
- Futures trading
- Stock market investing (spot)
The chips also show what the company does NOT offer — useful information if those are exactly the directions you are looking for. For each ticked direction you will find a separate chapter below, with its accounts and its conditions.
TIER 1 — TOP-LEVEL REGULATION
- 2014
- Year founded
- 4
- Authorised jurisdictions
- 100 USD
- Minimum deposit
- −5%
- Off the commission, via Trading.md
Open an account with Tickmill
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✓ Trading.md is an official Tickmill partner
With us you get assisted onboarding, help choosing the right account and technical support in Romanian and Russian — at no additional cost.
For trading — CFDs on all asset classes:
Open a real accountTest the conditions and your strategies free of charge:
Demo accountNot sure where to start? The consultation is free — together we go through opening the account, verifying the documents and the first settings of the platform. Book a free consultation ›
LIVE SPREADS
Chapter 01
Introducing the company
Tickmill is a brokerage company founded in 2014, operating today through four authorised entities — in the United Kingdom, Cyprus, South Africa and Seychelles — coordinated from an operational headquarters in London. The group is private: it is not listed on any stock exchange and does not publish audited financial reports available to the general public.
Our relationship with Tickmill goes back a long way: in 2019 we brought them as guests to the trading conference organised by Trading.md in Chisinau, alongside our other international partners.
The offering is built around a single product: the contract for difference (CFD) — a contract that settles the price difference of an asset, without you buying the asset itself. Tickmill does not offer investments with real ownership, nor exchange-listed options or futures for clients outside the United Kingdom. If you are looking for shares bought in your own name, you need a different partner.
The company's business card
| Year founded | 2014 |
|---|---|
| Group structure | Patru entități autorizate, în patru jurisdicții, plus o filială proprie de procesare a plăților înregistrată în Marea Britanie |
| Head office | Londra, Marea Britanie |
| Audit | Nu publică rapoarte auditate accesibile publicului |
| Directions offered | CFD trading |
| Minimum deposit | 100 USD, EUR, GBP sau ZAR (pragul poate diferi după valuta contului) |
How the company earns
Hybrid model
A mixed model. The company officially describes its execution as hybrid, and the client agreement states that on the currency market and on CFDs it may act as a market maker — meaning it can be the counterparty to your trade, offset your position against another client's, or hold a position of its own. The model is legal and supervised by the authorities that issued the licences.
This is where the main revenue comes from: the spread built into the price on the Classic account, and the fixed per-lot commission on the raw-spread accounts.
The remaining sources, in the order you will encounter them: interest on positions held overnight (swap), the markup the company may add to the exchange rate when converting currency, the inactivity fee and, if you fund the account and request a withdrawal without having traded, a commission of up to 5.2%.
What sets it apart
Dynamic leverage on MT5 and Tickmill Trader. Leverage is not a fixed number: it decreases automatically as the position volume grows, from 1:1000 on the first lots down to 1:10 above 400 lots. This means the required margin grows with your exposure, so a large position cannot be opened with the margin of a small one. It matters for anyone who scales up volume gradually and wants an automatic limit, not one they have to impose on themselves.
Private insurance at Lloyd's of London. On top of segregated accounts, the company has taken out a policy for the event of insolvency and publishes the certificate issued for the global entity. It is voluntary coverage, chosen by the company, which can be changed or withdrawn — not a statutory compensation scheme. It matters for anyone who keeps larger amounts in their account and wants to know what has been built beyond the minimum required by the regulator.
- Minimum deposit 100 USD
- Dynamic leverage up to 1:1000
- TradingView with direct execution
- Private Lloyd's insurance policy
- Negative balance protection
- Accounts without overnight interest
Banking services and additional services
These are not protections for your money, but commercial services, with their own rules and their own risk.
Interest on unused cash
The company may pass on part of the interest it receives from banks to clients with an unused balance in the wallet, in dollars, euros or pounds. The published conditions: a total balance of at least 100 USD or equivalent, trading activity in the last 30 days or an open position; the interest accrues daily on the unused amount and is paid monthly. Accounts without overnight interest are excluded, and the rate and thresholds can change at the company's discretion — it is not a contractual obligation but a commercial service. If it interests you, we discuss together whether it makes sense for your balance.
Chapter 02
Regulation and the safety of your money
The Tickmill group operates authorised entities in four jurisdictions. Clients from the Republic of Moldova register on the group's global licences — the ones serving clients outside the European Union. The protections and compensation schemes differ from one entity to another; below are the ones that apply to the account you will open from here.
| Regulatory authority | Country | Legal entity | Licence no. | Check in the register |
|---|---|---|---|---|
| TIER 1 — TOP-LEVEL REGULATION | ||||
| FCA — Financial Conduct Authority | United Kingdom | Tickmill UK Ltd | 717270 | register.fca.org.uk |
| CySEC — Cyprus Securities and Exchange Commission | Cyprus | Tickmill Europe Ltd | 278/15 | cysec.gov.cy |
| TIER 2 — MID-LEVEL REGULATION | ||||
| DFSA — Dubai Financial Services AuthorityThe UAE authority does not issue licence numbers for representative offices, so the relevant column shows the type of authorisation instead. The office is not a separate entity that opens accounts — it is a representative office of the British entity. | UAE | Tickmill UK Ltd — birou reprezentativ | Representative office authorisation, ref. F007663 | dfsa.ae |
| FSCA — Financial Sector Conduct Authority | South Africa | Tickmill South Africa (Pty) Ltd | FSP 49464 | fsca.co.za |
| TIER 3 — OFFSHORE (GLOBAL) LICENCES | ||||
| FSA — Financial Services Authority | Seychelles | Tickmill Ltd | SD008 | fsaseychelles.sc |
How client money is protected
The protections below depend on the rules of each entity and we explain them at length, for all our partners, in the guides of the Brokers section; here — briefly, for orientation:
Segregation of funds — Funds segregation — client money is held in bank accounts separate from the company's own money. The company cannot use it for its own expenses, and the bank holding it cannot set it off against the company's debts. At the European Union entity, the client asset rules additionally require daily verification of the amounts and strict criteria for selecting banks.
Negative balance protection — Negative balance protection — the account cannot go below zero: if a sharp price move takes the balance negative, the company covers the difference. In the European Union, the United Kingdom and Australia it is imposed by regulation, for non-professional investors, at the trading account level; on the group's global licences it is offered by the company, as its own policy.
Compensation scheme — Compensation scheme — the protection for the extreme case: if the company went bankrupt or could no longer meet its obligations to clients, a compensation fund returns the money, up to a cap. It does not cover trading losses or a fall in the value of investments — only the company's collapse. Clients of the European Union entity are covered by the national investor compensation scheme: 90% of the net loss, at most 20,000 EUR per client, and only if they are non-professional investors. On the group's global licences, where clients from the Republic of Moldova register, there is no such fund — which is why the reputation and regulation of the whole group matter so much. What a compensation fund is, we explained in the Glossary › We have explained what a compensation fund is in the Glossary.
Chapter 03
CFD trading
This is the only direction Tickmill offers: trading exclusively in CFDs. You do not buy the real assets — not the share, not the gold, not the currency. You enter a contract that settles the difference between the opening and the closing price, in both directions, with leverage. You do not receive dividends as a shareholder, you have no voting rights and you own nothing at the end. In exchange, you can open positions on both rising and falling prices, with an amount far smaller than the value of the position — which amplifies both the gain and the loss.
The tables below show the main conditions. The button adds the detailed rows — technical specifications, useful if you already know what you are looking for.
The demo account is available for all the types above, with the same conditions and virtual money.
The account without overnight interest is obtained by converting an existing account, on request.
Chapter 04
Platforms and tools
Four platforms, each with a different purpose. You make the choice when opening the account and can change it later, by opening a new account on another platform.
| Platform | What for | Where it runs |
|---|---|---|
| MetaTrader 4 | The currency market and the classic instruments, with trading robots. No dynamic leverage and no access to stocks and ETFs. | Windows, macOS, web, iOS, Android |
| MetaTrader 5 | The full range of instruments, including stocks and ETFs. Dynamic leverage, more timeframes on the chart. | Windows, macOS, web, iOS, Android |
| Tickmill Trader | The company's own platform: configurable workspaces, biometric login on the phone. No robots and no backtesting on historical data. | Web, iOS, Android |
| TradingView | Analysis and execution in the same place, with the TradingView Raw account linked directly to the platform. | Web, desktop, mobil |
Analysis included
The company provides analysis tools inside the client area — calendars, calculators and market commentary. These are information tools, not trading recommendations.
Education
The company publishes its own learning material in its support languages. In Romanian and Russian, the teaching side is ours. See our courses
Copy trading and social trading
You can automatically copy another trader's trades or, conversely, publish your own strategy. The past results of the copied trader do not guarantee future results, and the risk remains entirely that of your account: the losses occur in your account, not in theirs.
What it lacks: the cTrader platform is not offered. And on Tickmill Trader you cannot run trading robots or backtest a strategy on historical data — for that you need MetaTrader 4 or 5.
Chapter 05
Deposits and withdrawals
The rules follow the standards of the field: money comes in and goes out only through cards or bank accounts opened in your name (an anti-money-laundering rule). Below you have the conditions for transactions with bank accounts from Moldova.
| Method | Deposit / duration | Withdrawal / duration | Keep in mind |
|---|---|---|---|
| International bank transfer | 100 · no fee from the company · processed within one business day, funds arrive in 2–7 business days | 25 · no fee from the company · processed within one business day, funds arrive in 2–7 business days | For deposits of 5,000 USD or more in a single transaction, the company refunds your bank's fee, up to 100 USD, based on the statement sent to support. Intermediary banks may deduct their own fees. |
| Credit or debit card | 100 · no fee from the company · instant | 25 · no fee from the company · processed within one business day, funds arrive in up to 8 business days | Deposits can also be made via Apple Pay. A withdrawal goes back to the card up to the amount deposited from it; the rest goes out via another method of your choice. The company may request additional documents for fraud prevention. |
| E-wallets | 100 · no fee from the company · instant | 25 · no fee from the company · processed within one business day | Skrill, Neteller. The wallet provider may charge its own fee when you move the money on to your card or bank account. |
| UnionPay | 100 · no fee from the company · instant | 25 · no fee from the company · processed within one business day | Available for cards issued on the UnionPay network. |
How a withdrawal is made
Withdrawal requests are processed, after the account has been verified, usually much faster than the official deadlines indicate. The withdrawal first returns to the method used for the deposit; the profit can go out to a bank account or another method, but strictly in your name.
These are not obstacles — they are exactly the rules that make the difference between a financial institution and a scam.
Note for Moldova — read before you deposit
Some banks in the country may delay or even reject transfers to brokerage companies. The reason is not you: the stock market field is only now coming under local regulation (Law 177/2025), and the banks, faced with the wave of frauds in which criminals pose as “brokers” or “investment firms”, still do not have clear procedures for telling a regulated brokerage company apart from a scam. In developed countries, stock market investing is integrated directly into online banking; here, the banks are only just learning that a regulated brokerage company is, like them, a supervised financial institution. The good news: if you understand what you are doing and can explain to the bank where the money is going — your own trading account, with a regulated company, verifiable in public registers — the situation is usually cleared up quickly. You have the same support for withdrawals: if the bank asks about the origin of the money, trading and stock market investing are legal activities, and our partner companies issue official activity reports (account statements) precisely for this kind of transparency.
Your bank may charge its own conversion or currency transfer fee — check its tariffs before your first deposit, and if you want, we will work out the cheapest route together, free of charge.
Chapter 06
Customer support
| Phone | +852 5808 7849 |
|---|---|
| support@tickmill.com | |
| Channels | Telefon · E-mail · Chat |
| Hours | Luni–vineri, 07:00–16:00 GMT (în perioada orei de vară), conform paginii oficiale de contact |
| Languages | Engleză, rusă — no Romanian, but that is exactly what you have us for |
| Trading.md support | In Romanian and Russian, at the office in Chișinău, str. Pușkin 26, or online, free of charge for clients who opened their account through the links on the Trading.md pages · 078 080 840 |
The complaints procedure
If the answer you get from an employee does not satisfy you, you can file a written complaint with the company's compliance department. The response deadline set in the agreement is 7 business days. If that answer does not resolve the situation either, the case can be escalated to the authority supervising the licence your account was opened under; its contact details are in the services agreement. We help you draft the complaint and follow it up, free of charge.
Chapter 07
The Trading.md advantage
Terms we negotiated with this partner
An account opened through our partner code receives a 5% discount on the trading commission, on the Raw accounts on MetaTrader 5.
You do not trade through us. The account is opened directly with the company, in your name, with the same conditions you would have if you went to their website on your own. The difference is that, in addition to those conditions, you also have us alongside you.
The contracts of many brokerage companies allow the intermediary to add a cost of its own on top of the spread. We never use that possibility. And where terms can be negotiated, we obtain for our clients better conditions than the public ones — even when that reduces our earnings.
Local support, in Romanian and Russian
At our office in Chișinău, str. Pușkin 26, or online. Free of charge for clients who opened their account through the links on the Trading.md pages.
TradingMdRemote
Our remote assistance tool: we connect to your screen and together we sort out the platform installation, the settings or an operation you are performing for the first time. No broker has it.
Free consultations for any procedure
Opening the account, preparing the documents, the first deposit, a withdrawal that is delayed, a complaint. We charge nothing for this.
You choose in full knowledge of the facts
We also put on the table what does not suit. A client who discovers these things on their own after depositing does not come back.
The consultation is free and does not commit you to anything. Schedule a discussion.
Chapter 08
How to open the account, step by step
Six steps, in their natural order — and if you get stuck somewhere, ask us for help, it is free.
Open the registration form
Through the button on this page, so that the registration is linked to us and you receive the support and the conditions of Trading.md clients.
Fill in your personal details
Name, country, e-mail, phone — exactly as they appear in your identity document. One different letter delays the verification.
Answer the experience questionnaire
Questions about income, savings and your experience with leveraged instruments. Answer honestly: the questionnaire establishes what can be offered to you.
Upload the documents
The identity document and the proof of address, in the Client Cabinet. Clear photographs, the corners visible, the document within its validity period.
Create the trading account
You choose the platform, the account type, the currency and the leverage. You can change them later by opening a new account — you are not locked into your first choice.
Fund the account and get started
You deposit through one of the accepted methods, in your name. Our recommendation: start on a demo, in parallel, until you understand the platform.
Account verification
In principle, all brokers ask for the same thing: that you prove who you are and where you live. The details differ — which documents they accept, from which institutions, in what format and how long it takes.
Which documents and how many
Two, as a rule: one that confirms your identity and one that confirms your address. They must be within their validity period and legible in full.
Who issues the accepted document
Not every piece of paper with your address on it is accepted. The accepted issuing institutions differ from one company to another, and for Moldova not all the variants work the same way.
Selfie, video or just an upload
At some companies it is enough to upload the files. At others a photograph with the document in your hand or a short video verification is needed.
How long it takes and what a refusal means
From a few minutes to a few weeks, depending on how clear the documents are. A refusal does not close the door: it usually means that additional or clearer documents are required.
You don't have to remember all of this. We have worked with each partner for years and know their requirements well, so we help you prepare the documents before you send them, free of charge — including if you have already been refused once. Most of the time it gets sorted, and the final decision remains with the broker.
Documents and account types
| Identity document | Identity card or passport, valid, with all the corners visible in the photograph. |
|---|---|
| Proof of address | A recent document that contains your name and your address. |
| Additional checks for large amounts | The company may ask for documents about the origin of the funds — it is an anti-money-laundering requirement, not a suspicion directed at you. |
| Multiple accounts | You can have several trading accounts under the same client profile, with different platforms and currencies. |
| Company account | The company also accepts corporate clients. The document set is larger than for individuals — incorporation documents, ownership structure, identification of beneficial owners — and the procedure takes longer. If you want to trade through a company, we first discuss what it involves and only then start the registration: Investing through a corporate account › |
Chapter 09
Frequently asked questions
Chapter 10
Conclusion: who it suits
It suits
The active trader who counts every fraction of a pip and prefers the raw-spread-plus-commission model. The one who runs robots on MetaTrader. The one who does their analysis in TradingView and wants to execute from the same chart. And the one starting with a small amount, on a demo, with our support at their side.
To weigh up
It offers only CFDs: if you want to own shares in your own name, it is not the right partner. On the global licences there is no public compensation fund. The execution model is declared hybrid, which means that on some orders the company can be your counterparty. And the agreement provides for a withdrawal commission on accounts funded without any trading activity.
Other partners in the same directions
FxPro
A regulated brokerage company founded in 2006, headquartered in London. Offers trading exclusively through contracts for difference (CFDs), with five platforms under a single client agreement.
AvaTrade
A brokerage founded in 2006, headquartered in Dublin, Ireland. It works with a fixed spread and a single trading account type on the contracts-for-difference side, and from the same profile you can also open accounts for FX options and for real futures contracts.
Admiral Markets
A brokerage company with the group's headquarters in Tallinn, founded in 2001, holding an investment firm licence since 2009. It offers CFD trading and, on investment accounts, the purchase of stocks and funds with real ownership. The group has authorised entities in several jurisdictions and publishes audited financial reports, because it has bonds listed on the Tallinn stock exchange.
Tickmill
Disclaimer
CFDs and options are complex instruments, with leverage, and involve a high risk of losing money rapidly. Before you trade, make sure you understand how they work and that you can afford the risk of losing the amount invested. Past performance, of an instrument or of a copied trader, does not guarantee future results. This page is for informational purposes and does not constitute personalised investment advice or a recommendation to buy or sell a financial instrument. Royal Consulting S.R.L., which operates the Trading.md platform, is a consulting, financial education and intermediation company. It is not a brokerage company, it does not execute orders, it does not hold client funds and it is not an investment adviser. The data on this page was verified on 2026-08-23 from the company's official documents and pages. The conditions may change without prior notice; the official version is always the one published by Tickmill.