Tickmill South Africa: FSCA licence, rand deposits and account opening (2026)

Every line is Tickmill's own wording or the FSCA register, read on 23 Oct 2026. "Not published" means we did not find it on Tickmill's public pages.

Tickmill's group includes "Tickmill South Africa (Pty) Ltd, FSP 49464, regulated by the Financial Sector Conduct Authority (FSCA)", registered office in Melrose Arch, Johannesburg.

Check it yourself: search FSP 49464 or "Tickmill South Africa (Pty) Ltd" on the FSCA register. South Africa is a licensed-only market on The Forex Bridge: our link for visitors in South Africa only goes to Tickmill's FSCA-authorised company.

Yes. Tickmill lists bank wire in USD, EUR, GBP and ZAR, and says: "We process payments in EUR, GBP, ZAR and USD only." Classic and Raw accounts can be held in ZAR. Tickmill does not publish a South Africa-only method list on the pages we read; its general list: Tickmill lists bank wire, Visa/Mastercard, crypto payments, Skrill, Neteller and UnionPay, and notes: "Some options are only available to residents of certain countries." Minimum: 100 USD for all account types (Tickmill's words: "minimum 100 USD for all account types"); minimum withdrawal 25. Tickmill lists no commission on deposits or withdrawals and says: "We cover the bank fees on your deposits above $5,000". Tickmill processes deposits and withdrawals "Within 1 Working Day"; bank wire "Estimated Deposit Arrival Time 2-7 Working Days"; other methods are listed from instant to "Up to 8 Working Days" for withdrawals.

1. Start on Tickmill's South Africa site so the FSCA-authorised company (Tickmill South Africa (Pty) Ltd) handles your account.
2. Register with your email and phone. Verify your identity and address in Tickmill's sign-up flow first; regulated brokers must do this before paying out, and it avoids delays on your first withdrawal.
3. Choose an account and its currency (USD, EUR, GBP, ZAR (Classic and Raw)).
4. Deposit from an account in your own name; minimum 100 USD for all account types (Tickmill's words: "minimum 100 USD for all account types"); minimum withdrawal 25.
5. Pick a platform and start on demo. Tickmill publishes that 68% of retail CFD accounts lose money.

Most brokers send a withdrawal back to the method you deposited with first, and only to an account in your own name. Times reported by verified Tickmill traders appear on the Tickmill review once enough have reported. Traded with Tickmill from South Africa? Write a review.

The same question for other brokers in South Africa: Exness, XM, HFM, FP Markets. See every broker we review for traders in South Africa on the South Africa page, with local licences first. Or put Tickmill next to Exness, HFM, Eightcap.