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Tickmill South Africa : Are they reliable and regulated for South Africa?

Tickmill South AfricaTickmill is an NDD forex and CFD broker regulated by top level regulators namely FSCA, CySEC, FSA of Seychelles and FCA UK. They offer trading with competitive spreads and trading commissions for clients in South Africa. Tickmill is a good option for traders in South Africa. The broker complies with all local regulatory regulations and provides clients with favourable trading circumstances. Tickmill South Africa (Pty) Ltd is authorised by the Financial Sector Conduct Authority ( FSCA ) with Licence no. FSP 49464.

Tickmill South Africa

Tickmill South Africa Information

Company Name : Tickmill South Africa (Pty) Ltd
Headquarters : The Cube, 205 Rivonia Road, Morningside, Sandton, South Africa
Regulation : Financial Sector Conduct Authority (FSCA) | Licence no. FSP 49464
Registration Number : Company Registration No. 2017/531268/07
Client Support Information : +852 5808 7849 , Office Cape Town: +27 (0) 21 140 3500, Office Johannesburg : +27 (0) 10 141 0010
Client Support Hours : Monday-Friday 9:00 – 18:00 SAST (GMT+2)

 

Tickmill South Africa Pros and Cons

Traders who use Tickmill South Africa have both Pros and Cons. Here are some of them:

Tickmill South Africa Pros 

  • Tickmill is regulated and authorized by FSCA in South Africa
  • Low spreads and trading commission
  • Free deposits and withdrawals through multiple methods
  • Local phone number available for customer support
  • Multiple account types available

Tickmill South Africa Cons

  • The range of assets available is still quite limited

 

To trade at tickmill south africa, the tickmill minimum deposit required is $100, The maximum leverage at Tickmill South Africa is 1:500 for forex with all their 3 account types. For CFDs like Indices, the leverage is lower at 1:100. The tickmill spreads and commission is very low, traders can take advantage of it to make break even point opportunities faster.

To start trading on tickmill south africa, visit www.tickmill.com

 

 

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