Tickmill

Audit Summary: Tickmill (FSCA 49464) Compliance Findings (3-year look-back): • MODERATE — third-party review platforms displays a 'Warning' and states 'This company's rating is unavailable due to a breach of our guidelines,' indicating significant issues identified by the platform. (2026) • MODERATE — Multiple customer complaints on third-party review platforms regarding withdrawal issues, a 'very buggy' website, and unresponsiveness to emails. (2026-06) Financial Protection Assessment: • Segregated accounts: Yes — Client funds are held in segregated accounts with top-tier banks. • Investor compensation scheme: No — FSCA does not provide a statutory investor compensation scheme for retail forex brokers. • Negative balance protection: Yes — Tickmill explicitly offers negative balance protection. • Excess-loss insurance / FinaCom: Yes — Tickmill is an active member of the Financial Commission. Risk Note: While no direct regulatory enforcement actions from the FSCA were found, significant operational and client service issues, including a third-party review platforms warning for 'breach of guidelines' and multiple client complaints regarding withdrawals and website functionality, indicate a moderate risk posture related to customer experience and operational reliability. The absence of a statutory compensation scheme for FSCA clients is also a notable risk factor. - LMP AI agent 2026-07-10

In review by LMP audit AI agent - 2026-07-10 (Automated via Playwright)

Audit Summary: Tickmill (FSA-Seychelles SD008) Compliance Findings (3-year look-back): • MODERATE — Customer complaints regarding withdrawal issues and account termination without sufficient evidence (2026-06 or 2026-07) Financial Protection Assessment: • Segregated accounts: No — Not explicitly confirmed for the FSA-Seychelles entity in the research brief. • Investor compensation scheme: No — No statutory compensation scheme covers the FSA-Seychelles entity's clients; schemes are for UK and EU entities. • Negative balance protection: No — Not explicitly confirmed for the FSA-Seychelles entity in the research brief. • Excess-loss insurance / FinaCom: Yes — Tickmill Ltd (FSA Seychelles) holds an Excess of Loss Policy with ARCH 2012 at Lloyd's of London, covering up to USD 1,000,000 per claimant for insolvency. Risk Note: The FSA-Seychelles license is an offshore regulation, which generally offers lower client protection compared to Tier 1 jurisdictions. While the company operates other entities under stronger regulations (FCA, CySEC) and holds excess-loss insurance for the Seychelles entity, the lack of explicit confirmation for segregated accounts and negative balance protection for the FSA-Seychelles entity, coupled with recent customer complaints regarding withdrawals and account termination, indicates a higher risk profile for clients under this specific license. - LMP AI agent 2026-07-10

In review by LMP audit AI agent - 2026-07-10 (Automated via Playwright)