Tickmill — South Africa
Key facts (8)
- Who actually onboards you
- Tickmill South Africa (Pty) Ltd — locally licensed.
- Licence number
- 49464
- Established
- 2014
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · MT5
- Local funding
- Local SA bank transfers, cards, Skrill, Neteller
- Max leverage
- 1000geo
- EURUSD
- not priced
This broker against the South Africa middle (60 of 104)
| Tickmill | South Africa median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2014 | 2009.5 |
| Platforms | 2 | 3.0 |
Accepts residents of South Africa
Yes
Score (5/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Tickmill South Africa (Pty) Ltd — locally licensed.
Entity not established
Cost per round turn, and the South Africa middle (60 of 104)
raw+commission
The numbers across South Africa
Round-turn cost, USD (60 of 104)
Median 7.0 · Range 1.5–20.0 USD
Minimum deposit, USD (36 of 104)
Median 50.0 · Range 0.0–1000.0 USD
What each account gives you
Classic / Pro / Raw; min USD 100 (lower for ZAR-denominated, from ZAR 100).
What the broker publishes about payouts
Reviews
4.1 / 5
Trading software and asset classes (2)
MT4 · MT5
FX, indices, commodities, stocks, bonds, crypto CFDs.
Trading profits and South Africa tax
SARS taxes residents on worldwide income. Frequent/active forex trading is generally taxed as income at the individual's marginal rate (progressive 18%-45%), not as capital gains. Active traders typically register for provisional tax (IRP6 due end-Aug and end-Feb, plus a third top-up if owing) and file the annual ITR12; trading-related expenses are deductible. Rates/brackets change annually - pres
Where it wins, where it loses
Pros (3)
- Round turn 6.0 USD against a South Africa median of 7.0
- Licensed locally: 49464
- Swap-free account available
Cons (1)
- Withdrawal time not published
The rest of the shortlist in South Africa (6)
Where it does not serve
no data
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (3)
Checked: 2026-07-09
- tickmill.com/about/licences-and-regulation page
- fxscouts.co.za domain
- sashares.co.za domain
FAQ (4)
Does Tickmill accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Tickmill?
Tickmill South Africa (Pty) Ltd — locally licensed.
What licence does Tickmill hold for South Africa?
Licence 49464.
What does one EURUSD lot cost at Tickmill?
6.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.