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Recent FAQs
Is STICPAY regulated and licensed? Is it safe to use this online wallet?
STICPAY has been granted permission by the Financial Conduct Authority (FCA) of United Kingdom to issue electronic money (e-money) and provide payment services throughout the EEA countries. UK FCA is considered the most reputable fin...
March 26, 2019
Is my profit on MT4/MT5 considered a taxable income?
It depends upon the regulations imposed by your local authorities. As a rule, normally profits from trading should be reported in your tax return. Please check the rules and regulations governing your region in regards to taxable i...
November 6, 2018
What's the difference between FXPro UK, FX Cyprus and FXPro Global?
How is FXPro regulated by both UK FCA and Cypriot CySEC?
October 31, 2018
Can I open MT4 accounts from South Africa?
Yes, you can open a MT4 trading account with Tickmill while residing in South African region. Due to regulatory reasons, Tickmill cannot accept traders from only the United States, Cuba, Iraq, Myanmar, North Korea and Sudan. To con...
October 29, 2018
Why leverage is limited to 1:30 when Tickmill website says 1:500?
Tickmill Group is run by multiple entities Trading Conditions of Tickmill Seychelles Tickmill Group is run by multiple entities Tickmill does offer the maximum leverage 1:500 on MT4 accounts, but it can be limited for several re...
October 29, 2018
What's the difference between Tickmill's FCA United Kingdom and FSA Seychelles?
Tickmill is a multi-licensed Forex broker Tickmill UK Ltd - licensed by FCA Tickmill Europe Ltd - licensed by CySEC Tickmill Ltd - licensed by FSA SC Tickmill is a multi-licensed Forex broker When you open Tickmill Officia...
June 21, 2018
What are iForex and Vestle? What's the difference between their service?
Very soon, iFOREX will change its name to Vestle. Why is this happening and how does it affect you? Here's everything you need to know about the new branding. Combine technology with personal touch While the industry offers autom...
June 20, 2018
What's different between Retail and Professional Clients for ESMA's regulation?
Here are the main differences between 'Retail Clients' and 'Professional Clients'. Retail Clients Professional Clients Maximum leverage Between 2:1 and 30:1 depending on the instrument Up to 500:1 depending on the ins...
June 20, 2018
Are there any changes to Negative Balance policy due to ESMA's new regulation?
HotForex is already providing its clients with negative balance protection, regardless of the classification, therefore there is no change here. As a client, you should make yourself familiar with the changes that ESMA has enforced an...
June 20, 2018
What changes by becoming a 'Professional Client' in ESMA's regulation?
When deciding whether to apply to become a Professional Client, those are the main topics to consider: Risk Warnings: your account will not be restricted with standardized risk warnings and rules that shield Retail Clients. Commu...
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