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Tickmill in India — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%55
- Round-turn cost20%95
- Safety20%0
- Payouts15%80
- Track record10%60
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with TickmillThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards India residents
- Not served — India is a Tickmill restricted jurisdiction.
- Local standing
- Not available to Indian residents.
- Licence as the register states it
- No SEBI licence; not offered.
- Leverage for this entity
- N/A — not served.
- The firm behind it
- Tickmill group founded 2014; multi-entity regulation.
- What we hold against it
- India explicitly listed among restricted countries alongside US, Singapore, Iran.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Client protection
- Local entity onboards youNot available to Indian residents.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against India market median(priced from 65 of 90)
Medians run over the 65 of 90 brokers that publish a price for India, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: N/A. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Tickmill sits in the India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · this broker 6 USD · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 100 USD · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · this broker 1:500 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Deposit and withdrawal methods (1 methods · 0 local rails)
None — no INR funding.
- Account currency
- No INR.
- Fee declared
- 0 of 0 methods
- Withdrawal back to
- the funding method
Where it does not serve(5 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 1.7 |
| MT5 | — | 1.7 |
| All instruments | 600+ | — |
138 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 132 more.
Identical for every row: Leverage 500 IN.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.1 | 233 |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(3 for and 3 against, each tied to a figure on this page)
- Round turn 6 USD on the raw + commission basis, under the India median 7
- Withdrawal in 24 h, one of 74 of 90 brokers here that publish a time
- Round-turn cost 95 of 100, its strongest of 6 scored axes
- No India authorisation on file: the entity that onboards you is licensed elsewhere
- Min deposit 100 USD, over the India median 15
- Safety 0 of 100, its weakest of 6 scored axes
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 7IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 500IN
- Rank in this country
- #16
- Round turn, USD
- 7IN
- Min deposit, USD
- 100IN
- Leverage
- 200IN
- Rank in this country
- #18
- Round turn, USD
- 7IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 500IN
- Rank in this country
- #30
- Round turn, USD
- 7IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 1000IN
- Rank in this country
- #36
- Round turn, USD
- 6IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 500IN
- Rank in this country
- #42
- Round turn, USD
- 5IN
- Min deposit, USD
- 0 groupIN
- Rank in this country
- #2
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology
| Axis | Weight | What is measured | Tickmill |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 55 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 60 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Tickmill accept residents of India?
- No. Not available to Indian residents. Onboarding entity: Not served — India is a Tickmill restricted jurisdiction.
- Is Tickmill licensed to serve clients in India?
- No SEBI licence; not offered. Checked on 09.07.2026.
- How much does one round turn cost at Tickmill?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
- What leverage does Tickmill offer to retail clients in India?
- Up to 1:500. MT 4 MT 5 Commissions $3 per lot per side Starting Deposit 100 Available Base Currencies USD, EUR, GBP, PLN, CHF Spreads From 0.0 pips Max Leverage for Retail Clients 1:30 Max Leverage for Pro Clients
- Which trading platforms does Tickmill support?
- MT4, MT5. Instruments: N/A.
- How can I withdraw money from Tickmill in India?
- None — no INR funding.
- What account types does Tickmill offer?
- N/A.
Cost calculator (median of 65 priced of 90)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a INR conversion because the exchange rate is not part of our data.