Desk audit TBR-A-2026-008

Tickmill

Independent desk audit of a retail broker, from public sources.

Last updated First published

Current. Valid to 8 October 2027.

TBR DESK AUDIT · PUBLIC SOURCES · AA 76/100

Very strong

Desk audit. TBR carried out this audit on its own initiative, using public sources only. No firm paid for it. No accounts were opened or tested, so Execution & Pricing and Operational Resilience were not assessed and do not count towards the grade. Tickmill may respond, and any response is published in full. How desk audits are scored. See Verified audits, which our trading experts test hands-on.

Summary

Tickmill is licensed in the UK and Cyprus, and no enforcement action was found in the sources reviewed. It also holds a licence in the Seychelles, outside the main protection regimes, and its description of UK compensation cover does not match the limit the FSCS publishes for investment firms.

Grade
AA
Score
76/100
Fieldwork
7 Oct 2026 to 8 Oct 2026
Findings
2 medium1 low2 strength

Scorecard

PillarWeightScoreGrade
Regulation & Licensing19%80AAA
Corporate Structure & Ownership14%70AA
Client Money & Payouts19%78AA
Execution & Pricingn/aNot assessed: requires live testing
Conduct & Disclosure14%88AAA
Operational Resiliencen/aNot assessed: requires live testing
People & Community5%30B
Overall71%76AA

The overall score is the weighted average of the assessed pillars, with their weights scaled back up to 100.

This grade summarises the evidence we reviewed up to 9 October 2026. It is not a guarantee of the firm's safety or future conduct, and changes after that date are not reflected. Nothing here is financial or legal advice.

Findings

Licences verified

Each licence was checked directly against the regulator's public register on the date shown.

EntityRegulatorLicenceCheckedResult
Tickmill Europe LtdCySEC278/158 Oct 2026ConfirmedLicensed 5 August 2015; approved domain www.tickmill.com/eu.

Notes and sources

Evidence and scope

Scope

Desk audit of the group’s client-facing entities, using public sources only: regulator registers and announcements, court and stock-exchange filings, and the firm’s own published documents, as available on 8 October 2026. No accounts were opened, nothing was tested live, and the firm was not asked for evidence.

Limitations

Absence of a public enforcement record is not evidence of good conduct. FCA, FSA Seychelles and FSCA licence details are taken from the firm’s disclosures; those registers could not be queried directly for this audit. Tickmill’s website served its EU pages from our location, so pages for its other entities could not be reviewed. The share of clients served through the Seychelles entity could not be measured from public sources.

Evidence reviewed

  • CySEC register entry, Tickmill Europe Ltd
  • CySEC board decisions, 2018 to October 2026
  • Tickmill licences and regulation page
  • FSCS: what we cover
  • Tickmill 2024 CSR highlights

Version history

  1. Report published.
  2. Methodology update, applied to all desk audits: the lowest scoring bands for Regulation, Structure, Client Money and Conduct are now set out in more detail. No change to this audit’s score or grade.

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