Tickmill was founded in 2014 and is headquartered in Seychelles, with additional offices in the UK, Cyprus, South Africa, and Malaysia. Over the years, it has grown into a globally recognized forex and CFD broker, serving over 100,000 clients worldwide. For South Sudan traders, Tickmill offers a compelling mix of low spreads, fast execution, and multiple account types. The broker is particularly relevant for traders in South Sudan because it accepts deposits via USDT (Tether), which is widely used in the region due to limited banking infrastructure. Bank Transfers and Skrill are also supported. Tickmill is not regulated by a local South Sudanese authority, but its international licenses from the FCA, CySEC, and FSCA provide a level of trust. The brokerβs minimum deposit of $100 is accessible for retail traders in South Sudan, and it offers leverage up to 500:1. Overall, Tickmill is a solid choice for South Sudan traders who are comfortable with international brokers and want competitive trading conditions.
| Detail | Information |
|---|---|
| Founded | 2014 |
| Headquarters | Seychelles |
| Regulated by | FCA,CySEC,FSCA,FSA,LFSA |
| Min Deposit | $100 |
| Max Leverage | 500 |
| Platforms | MT4, MT5 |
| Islamic Account | β Available |
| Copy Trading | β Not available |
| Demo Account | β Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.10 pips | $2.00 | $2.10 | 1.60 pips |
| XAU/USD | 0.18 pips | $2.00 | $2.18 | 0.25 pips |
| Feature | Available |
|---|---|
| Demo Account | β Yes |
| ECN/Raw Account | β Yes |
| Islamic (Swap-free) | β Yes |
| Scalping Allowed | β Yes |
| Hedging Allowed | β Yes |
| Expert Advisors (EA) | β Yes |
| Copy Trading | β No |
Tickmill offers a genuine swap-free Islamic account for Muslim traders in South Sudan who cannot receive or pay interest (Riba). The account is available on both Classic and Raw spreads, and there are no hidden fees or charges for holding positions overnight. To apply, simply open a live account and contact Tickmillβs customer support via live chat or email to request the swap-free feature. The request is usually processed within 24 hours. The Islamic account is available for all forex pairs, metals, and indices, but not for cryptocurrencies. This is a strong offering for South Sudanβs Muslim population, as many other brokers charge a fee after a certain period. Tickmillβs policy is transparent and fair.
| Feature | Details |
|---|---|
| Islamic Account Available | β Yes |
| Swap Fees | β No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | β All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | β Available | 0.18 pips |
| Silver (XAG/USD) | Spot Silver | β Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | β Available | $0.03β$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | β Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | β Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | β Available | 0.02% |
| ETF CFDs | SPY, QQQ | β Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | β Yes | Built into platform, real-time |
| Daily Market Analysis | β Yes | Written + video reports |
| Video Tutorials | β Yes | Beginner to advanced |
| Live Webinars | β Yes | Weekly sessions, recorded |
| Demo Account | β Yes | Unlimited, no expiry |
| Copy Trading | β No | Not available |
| Free VPS | β Yes (active traders) | For EA/automated trading |
| Local Language Support | β No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | β Yes | 24/5 (Mon-Fri) | β β β β β Excellent |
| Email Support | β Yes | 24/5 | β β β β β Very Good |
| Phone Support | β Yes | Business hours | β β β β β Good |
| β No | β | Not available | |
| Local Language | β No | β | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Tickmill β | $100 | 0.10 pips | β | β | 3.3 |
| Pepperstone | $0 | 0.09 pips | β | β | 4.9 |
| IC Markets | $200 | 0.02 pips | β | β | 4.8 |
| Exness | $10 | 0.10 pips | β | β | 4.8 |
Understanding how Tickmill protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for South Sudan traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | β Yes | Client money held in separate bank accounts |
| Negative Balance Protection | β Yes | Losses capped at account balance |
| Top-tier Regulation | β Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | β Yes | Up to Β£85,000 (FCA) or β¬20,000 (CySEC) |
| 2FA Security | β Yes | Two-factor authentication available |
| SSL Encryption | β Yes | All data encrypted in transit |
| Audit & Reporting | β Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Tickmill relevant to South Sudan traders:
Tickmill is a strong choice for South Sudan traders who are comfortable with international brokers and want competitive trading conditions. The low spreads, fast execution, and USDT deposit support make it particularly attractive for retail traders. The genuine Islamic account is a plus for Muslim traders. However, the lack of local regulation and limited payment methods (no mobile money) are drawbacks. Tickmill is best for experienced traders who understand the risks of trading with an offshore entity. Beginners may prefer a broker with more local support and simpler platforms. Overall, if you prioritize low costs and are familiar with USDT, Tickmill is recommended.