Trade Forex & CFDs with Tickmill in South Africa
This page breaks down Tickmill for traders in South Africa: an FSCA-authorised entity (FSP 49464) alongside the broker's FCA and CySEC licences, 600+ CFDs on MT4/MT5/TradingView, and what actually changes for a South African account versus a European one.
Open Tickmill Account →Tickmill is a multi-asset forex and CFD broker founded in 2014, offering 600+ instruments on MetaTrader 4, MetaTrader 5, TradingView and a mobile app, with a $100 minimum deposit and raw spreads from 0.0 pips.
Why traders choose Tickmill
- Locally authorised via the FSCA (FSP 49464), in addition to the FCA and CySEC licences the group holds elsewhere
- Raw account spreads from 0.0 pips with a $3 per-lot-per-side commission; Classic runs commission-free from 1.6 pips
- STP/ECN execution with no dealing desk across MT4, MT5, TradingView and a dedicated mobile app
- $100 minimum deposit to start, with no deposit or withdrawal fee charged by Tickmill itself
Tickmill accounts at a glance
| Account | Platform | Spread from | Commission | Best for |
|---|---|---|---|---|
| Classic Account | MT4 / MT5 | 1.6 pips | $0 (no commission) | Newer South African traders who want one all-in spread and no separate commission line |
| Raw Account | MT4 / MT5 | 0.0 pips | $3 per lot per side | Active and scalping traders chasing the tightest raw spreads on major pairs |
| Islamic (Swap-Free) | MT4 / MT5 | From 0.0 pips (as Raw) or 1.6 pips (as Classic) | As per the base account chosen | Traders who need a swap-free structure for religious reasons, on either base account |
Tickmill South Africa — quick verdict
Tickmill has been trading since 2014 and holds licences across several jurisdictions, including local authorisation from South Africa's FSCA (FSP 49464). Execution is STP/ECN with no dealing desk: the Raw account runs spreads from 0.0 pips plus a $3-per-lot commission, while Classic keeps spreads from 1.6 pips with no commission at all. A $100 minimum deposit and support for MT4, MT5, TradingView and a mobile app make either account workable for a South African trader starting out — but CFDs are leveraged products, and most retail accounts lose money on them. Independent feedback is worth reading before signing up, e.g. on Trustpilot.
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