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October 29, 2018

Question:What's the difference between Tickmill's FCA United Kingdom and FSA Seychelles?

Answer:

Tickmill is a multi-licensed Forex broker

When you open Tickmill Official Website, you will see the following choices which each option specifies different entity within Tickmill group.

tickmill group regulation license choices on official website

You may choose the entity appropriate for your country residence and trading style.

Visit Tickmill Official Website

Here are the main differences between the entities.

Tickmill UK Ltd – licensed by FCA

Traders’ accounts are protected by FSCS (Financial Services Compensation Scheme) which you could be entitled to compensation of up to £85000.

NBP (Negative Balance Protection) is supported for accounts and all financial instruments (which are offered by Tickmill’s group) are available.

Tickmill Europe Ltd – licensed by CySEC

Traders’ accounts are protected by ICF (Investor compensation fund) which you could be entitled to compensation of up to €20,000.

NBP (Negative Balance Protection) is supported for accounts.

Cryptocurrency pairs are not offered with this entity. (in 2018 November)

Tickmill Ltd – licensed by FSA SC

No compensation funds available.

NBP (Negative Balance Protection) is supported for accounts and all financial instruments (which are offered by Tickmill’s group) are available.

With this entity, you can take advantage of Bonus Promotions which include No Deposit Bonus, Deposit Bonus and Trading Contest.

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