Is Tickmill Regulated by the MAS as of 2025

Tickmill is a forex and CFD broker offering online trading services to traders and investors worldwide. The broker provides a diverse range of trading instruments, including Forex, stock, indices, commodities, bonds, cryptocurrencies, Futures & options. It also supports multiple trading platforms and tools such as MetaTrader 5, MetaTrader 4,MetaTrader WebTrader Platform,MetaTrader for Mac, and Tickmill Mobile App.

Tickmill is regulated by several authoritative bodies such as  FCA, DFSA, FSCA, CySEC, FSA- Labuan,  FSA-S However, Tickmill is not regulated by the MAS ( Monetary Authority of Singapore). In this article, we will explore Tickmill’ regulations, and its features, and provide a list of alternative brokers that are regulated by MAS.

Does Tickmill Operate Under MAS?

No, Tickmill does not operate under MAS (Monetary Authority of Singapore) regulation. However, the broker is regulated by several other reputable financial authorities including  FCA, DFSA, FSCA, CySEC, FSA- Labuan,  FSA-S. These regulatory bodies ensure compliance with various standards for financial stability, transparency, and investor protection, though they do not provide the specific protections offered by the MAS in Singapore.

What Other Regulations Does Tickmill Have?

CySEC (Cyprus Securities and Exchange Commission):

Tickmill is regulated by CySEC. Established in 2001, Cysec is Cyprus’s financial regulator. Since Cyprus joined the European Union in 2004, CySEC’s regulations align with the MiFID directive, ensuring compliance with EU-wide financial standards and investor protection. This regulation allows the broker to offer services across the European Economic Area (EEA) under the MiFID II directive, ensuring investor protection and transparency. CySEC regulation requires brokers to follow strict guidelines for handling client funds, including segregation and periodic reporting.

segregated accounts, and there is an emphasis on risk disclosure and trader protection.

FCA (Financial Conduct Authority)

Tickmill is regulated by the Financial Conduct Authority (FCA) in the UK . The FCA, established in 2013, is responsible for regulating financial markets and firms in the United Kingdom.

The FCA requires Tickmill to adhere to strict guidelines for financial conduct, including maintaining adequate capital, safeguarding client funds, and ensuring transparency in its operations. This includes keeping client money separate from company funds and providing regular financial reports. FCA regulation helps ensure that Tickmill operates securely and fairly, offering a high level of protection and trust for clients in the UK and across Europe.

DFSA (Dubai Financial Services Authority):

Tickmill is regulated by the DFSA. Established on 13 September 2004, DFSA is the regulatory body for financial services within the Dubai International Financial Centre (DIFC). It oversees a range of financial activities, including forex trading, and ensures compliance with its regulations through a framework of rules and guidelines. The DFSA provides a high standard of investor protection and requires firms to meet rigorous operational standards. For more details, you can visit the DFSA website.

CMA (Capital Markets Authority – Kenya):

Tickmill is licensed and regulated by the CMA in Kenya. Founded in 1989, The CMA of Kenya regulates the Kenyan capital markets, including forex trading. The CMA allows a maximum leverage of 1:400 and ensures that financial institutions adhere to standards for transparency, fairness, and investor protection. It is operated by the Kenyan government. For more information, visit the CMA website.

SCB (Securities Commission of The Bahamas):

Tickmill is also regulated by SCB. Established in 1995, SCB  regulates and oversees the financial services industry. The SCB ensures that Tickmill follows guidelines for maintaining adequate capital, protecting client assets, and ensuring transparent operations for clients from various regions, particularly those outside Europe and Australia.

FSCA

Tickmill is regulated by the Financial Services Board (FSB) of South Africa. The FSB, established in 1990, was the financial regulatory authority in South Africa responsible for overseeing non-banking financial institutions before being replaced by the Financial Sector Conduct Authority (FSCA) in 2018.

Under FSB regulations, Tickmill was required to maintain strict standards, including holding adequate capital, protecting client funds by segregating them from company assets, and ensuring transparency through regular financial reporting. This regulation helped ensure that Tickmill operated securely and reliably, offering a safe trading environment for clients in South Africa.

FSA-S

Tickmill is regulated by the Financial Services Authority (FSA) of Seychelles. The FSA, established in 2013, oversees the financial services sector in Seychelles to ensure compliance with regulatory standards and to protect investors.

The FSA requires Tickmill to adhere to guidelines for managing client funds, which include keeping client money separate from company funds and providing regular financial reports. This regulation helps ensure that Tickmill operates securely and transparently, particularly for clients in Seychelles, and maintains a trustworthy trading environment.

FSA- Labuan

Tickmill is regulated by the Labuan Financial Services Authority (FSA) in Malaysia, operating under the regulatory framework established for Labuan International Business and Financial Centre. Founded in 1995, the FSA is responsible for overseeing financial services in Labuan, aiming to promote and regulate a robust financial environment.

As a regulated entity under the FSA, Tickmill must comply with strict guidelines that include maintaining adequate capital reserves, safeguarding client funds, and ensuring transparency in its operations. The FSA allows a maximum leverage of 1:100, and it provides forex supervision, ensuring that trading practices adhere to industry standards. Client funds are kept in segregated accounts, separate from the company’s assets, reinforcing the security of client investments. By adhering to these standards, Tickmill offers clients confidence in its commitment to integrity and reliability, providing a trustworthy trading platform for clients in Malaysia and beyond. For more information, you can visit the FSA’s website at Labuan FSA.

Best MAS Regulated Forex Brokers: Alternatives to Tickmill

Tickmill is one of the leading forex and CFD brokers. The broker is not regulated by MAS. It is regulated by other top-tier regulators including  FCA, DFSA, FSCA, CySEC, FSA- Labuan,  FSA-S. There are several MAS  regulated brokers that can serve as alternatives to Tickmill. These brokers include: 

These brokers operate under MAS regulation. According to MAS rules, they offer leverage up to 30:1 and provide negative balance protection for retail traders. To learn more about MAS-regulated forex brokers, you can read our content on the best MAS-regulated forex brokers.

How Can I Verify If My Broker is regulated by MAS or Not?

To verify if your broker, such as Tickmill, is regulated by the MAS, follow these steps:

Step 1: Obtain the Broker’s License Number or Name

The first step in verifying whether a broker is MAS-regulated is to gather the necessary details from the broker’s official website. Look for the broker’s licensed or reference number, which is typically listed in the footer, legal section, or “About Us” page. If the license number is not available, the broker’s name can also be used for verification. Having the correct license number or name ensures a more accurate search when checking the broker’s regulatory status.

Step 2: Search the MAS Financial Institutions Directory

Once you have the broker’s license number or name, visit the official MAS Financial Institutions Directory at https://eservices.mas.gov.sg/fid. Enter the license number or the broker’s name into the search bar and hit enter. This directory contains all MAS-regulated entities, and your search results should show the broker’s profile if they are indeed regulated. This step is critical for confirming that the broker you are considering operates legally under MAS oversight.

Step 3: Check License Type and Status

After locating the broker in the MAS directory, carefully review their profile. Look specifically for the license type and status to ensure that the broker is authorized to offer the services you need. If you are trading forex, verify that the broker is licensed to provide “Spot Foreign Exchange Contracts for Leveraged Forex Trading” under “Dealing in Capital Markets Products.” This step confirms that the broker has the necessary permissions to legally offer forex trading and other related financial products.

Step 4: Verify Broker Contact Details

Another essential step is to ensure that the contact details listed on the MAS website match those provided by the broker on their own site. Pay close attention to details such as the broker’s website URL, email address, and phone number. If the contact details differ, it could indicate that you are dealing with an unauthorized broker or a clone firm that is pretending to be MAS-regulated. Verifying these details helps protect you from potential scams or unauthorized firms.

Step 5: Stay Away from Unlisted Brokers

If you cannot find the broker in the MAS directory, this is a red flag. Brokers that are not listed are likely unauthorized, and trading with them can put your funds at serious risk. Unauthorized brokers often operate without regulatory oversight, meaning they may not adhere to client fund protection rules, leaving your investments exposed. Always stay away from brokers that are not listed in the MAS directory to ensure your money remains safe.

Frequently Asked Questions ( FAQs)

What is Tickmill?

Tickmill is a global broker that boasts 668,000 registered accounts from over 200 countries. Founded in 2014, the broker enables the trading of over 500 forex and CFD instruments on its MetaTrader platforms. Autochartist, Daily market outlook, signal center tools, advanced trading toolkit, etc are some of the tools provided for traders. 

Is Tickmill Considered Safe?

Yes, Tickmill is considered safe. Though Tickmill is not regulated by MAS, it is regulated by other reputed regulatory authorities including  FCA, DFSA, FSCA, CySEC, FSA- Labuan,  FSA-S. These regulations ensure strict compliance with industry standards and provide protection for client funds.