Recalculated 2026-11-02 · Established 2014 · Tickmill South Africa (Pty) Ltd — locall
Tickmill — South Africa
Tickmill is rated 3.79 out of 5 by our formula (Rank #10 of 70) for traders in South Africa: round turn 6 USD, residents accepted — Yes.
Suits you if the round turn is 6 USD against a 7 USD median here · it takes residents of South Africa · a swap-free account is available
Look elsewhere if the minimum is 100 USD against 50 USD in this market
Key facts (8)
- Who actually onboards you
- Tickmill South Africa (Pty) Ltd — locally licensed.
- Licence number
- 49464
- Established
- 2014
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · MT5
- Local funding
- Local SA bank transfers, cards, Skrill, Neteller
- Max leverage
- 1000geo
- EURUSD
- 1.70 pipsgroup
Accounts (3)
3 of 3 accounts with a published cost per lot
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
This broker against the South Africa middle (81 of 104)
| Tickmill | South Africa median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | 24 hoursgroup | 24.0 h |
| EURUSD, standard | 1.70 pipsgroup | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2014 | 2009.0 |
| Platforms | 2 | 3.0 |
Licensed in South Africa
FSCA-regulated locally; among the few onshore-licensed offerings for SA retail.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Tickmill.
- Who actually onboards you
- Tickmill South Africa (Pty) Ltd — locally licensed.
- Licence number
- 49464
- Local licence
- yes
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 2.75+ 20.0% × 4.75+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 3.00+ 10.0% × 2.50= 3.79
Ranked against brokers measured on every axis
Licence check
- Licence number
- 49464
- Checked
- 2026-07-09
Who actually onboards you
Tickmill South Africa (Pty) Ltd — locally licensed.
Locally licensed entity
What each account gives you
Classic / Pro / Raw; min USD 100 (lower for ZAR-denominated, from ZAR 100).
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min USD 100 / from ZAR 100 for ZAR accounts.
What the broker publishes about payouts
Trading software and asset classes (2)
MT4 · MT5
FX, indices, commodities, stocks, bonds, crypto CFDs.
Reviews
4.1 / 5
Where it wins, where it loses
Pros (4)
- Round turn 6.0 USD against a South Africa median of 7.0
- Licensed locally: 49464
- Swap-free account available
- Withdrawal published at 24 hours
Cons (0)
- —
Where it does not serve
Singapore, United States, Iran, India, Japan
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- The broker's own documents
- 1tickmill.com/about/licences-and-regulationtickmill.com · pageBroker
- Aggregators and directories
- 2fxscouts.co.zafxscouts.co.za · domainAggregator
- 3sashares.co.zasashares.co.za · domainAggregator
FAQ (5)
Does Tickmill accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Tickmill?
Tickmill South Africa (Pty) Ltd — locally licensed.
What licence does Tickmill hold for South Africa?
Licence 49464.
What does one EURUSD lot cost at Tickmill?
6.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Tickmill take?
Tickmill publishes 24 hours. Their own wording: “Tickmill performs internal processing on all withdrawal requests within 24 hours”.