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Tickmill in Kenya — review, licence and costs
Cost calculator (median of 36 priced of 55)
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%85
- Round-turn cost20%95
- Safety20%0
- Payouts15%80
- Track record10%60
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Tickmill Ltd
- Founded
- 2014
- Retail leverage
- 500KE
- Round turn
- 6 USDKE
- Currencies
- USD EUR GBP
- Swap-free account
- conditional
Licence check
Open an account with TickmillThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Kenya residents
- Tickmill Ltd
- Local standing
- Not CMA regulated
- Licence as the register states it
- Seychelles FSA
- Leverage for this entity
- Up to 1:500
- The firm behind it
- Global FX CFD broker
- What we hold against it
- Mixed third-party claims
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Kenyan residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youNot CMA regulated
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against Kenya market median(priced from 36 of 55)
Medians run over the 36 of 55 brokers that publish a price for Kenya, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Classic Raw Demo. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Payouts(1 method)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|---|---|---|---|
| M-Pesa cards bank transfer | 24 | — | 0 | 50 |
Taxes for a Kenyan resident
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (1 methods · 1 local)
M-Pesa cards bank transfer
- M-Pesa cards bank transferlocal
- Account currency
- USD EUR GBP
- Fee declared
- 1 of 1 methods
- Withdrawal back to
- the funding method
Where it does not serve(6 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(4 platforms)
- MT4
- MT5
- Tickmill Mobile
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 1.6 |
| MT5 | — | 1.6 |
| Tickmill Mobile | — | 1.6 |
| All instruments | 600+ | — |
71 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 65 more.
Identical for every row: Leverage 500 KE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.7 | 2,495 |
Share of reviewers in Kenya: — The platform does not publish it.
Pros and cons(5 for and 3 against, each tied to a figure on this page)
- Round turn 6 USD on the raw + commission basis, under the Kenya median 7
- Withdrawal in 24 h, one of 46 of 55 brokers here that publish a time
- Swap-free account available
- Round-turn cost 95 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, Tickmill Mobile
- No Kenya authorisation on file: the entity that onboards you is licensed elsewhere
- Min deposit 100 USD, over the Kenya median 25
- Safety 0 of 100, its weakest of 6 scored axes
Alternatives in Kenya(6 of 55 scored in Kenya)
- Round turn, USD
- 7KE
- Min deposit, USD
- 100KE
- Leverage
- 500KE
- Rank in this country
- #18
- Round turn, USD
- 4.5KE
- Min deposit, USD
- 0KE
- Leverage
- 500KE
- Rank in this country
- #7
- Round turn, USD
- 6KE
- Min deposit, USD
- 0 groupKE
- Leverage
- 500 group
- Rank in this country
- #10
- Round turn, USD
- 6KE
- Min deposit, USD
- 10 groupKE
- Leverage
- 3000KE
- Rank in this country
- #14
- Round turn, USD
- 6KE
- Min deposit, USD
- 50 groupKE
- Leverage
- 500KE
- Rank in this country
- #19
- Round turn, USD
- 7KE
- Min deposit, USD
- 100KE
- Leverage
- 1000 group
- Rank in this country
- #5
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Kenya score. Full methodology
| Axis | Weight | What is measured | Tickmill |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 85 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 60 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
Where Tickmill sits in the Kenya base(55 brokers)
Round-turn cost, USD (36 of 55 priced)
Median 7 USD · range 3-23 · this broker 6 USD · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 priced)
Median 25 USD · range 0-2500 · this broker 100 USD · 28 of 55 brokers do not publish it
Retail leverage (29 of 55 with a Kenya figure)
Median 1:500 · range 30-5000 · this broker 1:500 · 26 of 55 brokers do not publish it
Withdrawal time published (55 brokers)
FAQ
- Does Tickmill accept residents of Kenya?
- Yes. Not CMA regulated Onboarding entity: Tickmill Ltd
- Is Tickmill licensed to serve clients in Kenya?
- Seychelles FSA Checked on 27.08.2026.
- How much does one round turn cost at Tickmill?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for Kenya is 7.0 USD.
- What leverage does Tickmill offer to retail clients in Kenya?
- Up to 1:500. leverageGeo: Up to 1:500
- Which trading platforms does Tickmill support?
- MT4, MT5, Tickmill Mobile. Instruments: Forex CFDs plus more
- How can I withdraw money from Tickmill in Kenya?
- M-Pesa cards bank transfer
- What account types does Tickmill offer?
- Classic Raw Demo
- Does Tickmill offer a swap-free (Islamic) account?
- Conditional.