Is Tickmill Legal in India? Find out , Before Act

Tickmill is a big name in the forex market. Everyone involved in this market is likely aware of it. But does this broker comply with Indias central bank — the Reserve Bank of India (RBI)? Has the RBI allowed Tickmill to offer its services in India? In this article, you'll get the answer to this essential question.

About Tickmill-https://www.wikifx.com/en/dealer/0001623491.html)

Regulation - Regulated by the Financial Conduct Authority

- Dubai Financial Services Authority

-Cyprus Securities and Exchange Commission

--Financial Sector Conduct Authority

Financial Services Authority of Seychelles

Instrument- Forex, Indices, Bond, Cryptocurrencies, Cryptos, Stock

Trading Platform-MetaTrader 4, Meta Trader 5, Tickmill App, Trading View

Account Type- Classic, Demo, Raw, Islamic

Deposit & Withdrawal –VISA, Mastercard, Bank Transfer, Crypto Payements,

Address- 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles

Email- support@tickmill.com

Phone No.- +852 5808 7849

TIckmill is on the “RBI ALERT” List

In October 2024, the Reserve Bank of India released a list of more than 30 unauthorized forex brokers operating in India. To our shock, Tickmill was on that list. This means Tickmill is not legally approved by the Bank to offer its services in India.

Since the Reserve Bank of India has issued a warning against the broker, you must take it seriously.

Although the broker has a big name in the market, But when a regulatory body of any country issues a warning against a particular broker, it's wise to keep distance.

People need to Beware

After receiving a serious warning from a reputed bank, it's best to avoid this broker. Always verify a broker‘s license, read user reviews, and choose only trusted, regulated platforms. Don’t risk your money with unapproved brokers—stay informed and trade smart to protect your investments in the forex market.

Conclusion

If you want to read informative articles about forex brokers, you can download the WikiFX app and stay updated with the latest news related to the forex market — such as scam alerts, regulatory warnings, new broker features, and broker exposés. You can access all this news in one place, or simply visit the news section on the WikiFX website. Chcekout this important Article -

https://www.wikifx.com/en/newsdetail/202506164984677892.html