HomeBroker ReviewsTickmill ReviewIndonesia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Indonesia
Live account tested
Broker Review · Indonesia 2026

Tickmill Review 2026: Honest Assessment for Indonesia Traders

Tickmill is a solid broker with strong international regulation (FCA, CySEC) and competitive spreads, but it does not hold an OJK license, so Indonesia traders should proceed with caution. Deposits via GoPay, OVO, and USDT are convenient, and the Islamic account is a plus. However, the lack of local regulation and copy trading are drawbacks.
Regulated: FCA
Min Deposit: $100
Score: 3.3/5
Islamic: Yes
3.3/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.4
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Indonesia Traders

  • Supports local payment methods GoPay, OVO, and USDT for fast deposits in IDR.
  • Competitive spreads starting from 0.0 pips on Pro account, lower than many local brokers.
  • Genuine Islamic account available for Muslim traders in Indonesia with no hidden fees.
  • Strong international regulation by FCA and CySEC, offering high safety standards.
  • Low minimum deposit of $100 (approx. Rp1.5 million) accessible for most retail traders.

CONS for Indonesia Traders

  • Not regulated by OJK, meaning no local investor protection for Indonesia traders.
  • No copy trading or social trading features, limiting learning opportunities for beginners.
  • Customer support is only in English, no Bahasa Indonesia support available.
  • Does not offer cTrader or TradingView platforms, which some traders prefer.
📅
2014
Founded
📍
Seychelles
HQ
💵
$100
Min Deposit
📊
3.3/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Indonesia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Tickmill Overview for Indonesia

Tickmill was founded in 2014 and is headquartered in Seychelles. It has grown into a globally recognized broker serving traders in over 100 countries, including Indonesia. For Indonesia traders, Tickmill offers a mobile-first experience with support for local payment methods like GoPay, OVO, and USDT. The broker provides access to forex, indices, commodities, and cryptocurrencies via MT4 and MT5 platforms. While Tickmill does not hold an OJK license, its strong regulatory oversight from the FCA and CySEC offers a layer of security. The minimum deposit of $100 (around Rp1.5 million) is accessible for many Indonesian retail traders. With competitive spreads starting from 0.0 pips and a genuine Islamic account, Tickmill is a viable option for both beginner and experienced traders in Indonesia who prioritize low costs and reliable execution.

DetailInformation
Founded2014
HeadquartersSeychelles
Regulated byFCA,CySEC,FSCA,FSA,LFSA
Min Deposit$100
Max Leverage1000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Tickmill Safe for Indonesia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Indonesia traders
Always verify Tickmill's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.10 pips$2.00$2.101.60 pips
XAU/USD0.18 pips$2.00$2.180.25 pips
💼

Account Types for Indonesia Traders

Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom 1.60 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom 0.10 pips
Commission$2.00
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Indonesia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Indonesia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Indonesia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Indonesia Muslim Traders

Tickmill offers a genuine swap-free Islamic account for Muslim traders in Indonesia who wish to trade in accordance with Sharia law. This account is available on all account types (Classic, Pro, VIP) and does not incur any swap or interest charges on overnight positions. There are no hidden fees or restrictions on the number of days you can hold a position. To apply, simply register a live account and contact customer support to convert it to an Islamic account. The swap-free feature is legitimate and widely used by Indonesian traders. This makes Tickmill a good choice for Muslim traders in Indonesia looking for a compliant trading environment.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Indonesia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.10 pips
Gold (XAU/USD)Spot GoldAvailable0.18 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Indonesia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Indonesia traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Indonesia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Indonesia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Indonesia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Indonesia Traders Make with Tickmill

  • Mistake: Assuming Tickmill is OJK-regulated. Many Indonesia traders mistakenly believe Tickmill is licensed by OJK, but it is not. Always verify the broker’s license on the FCA or CySEC website before depositing.
  • Mistake: Ignoring the minimum deposit requirement. Some traders try to deposit less than $100 (Rp1.5 million) but the minimum is firm. Make sure you have sufficient funds before starting.
  • Mistake: Not requesting the Islamic account before trading. Muslim traders who need a swap-free account must contact support to activate it. If you trade with a standard account, you will incur swap charges.
🔍

Tickmill vs Competitors in Indonesia

BrokerMin DepositEUR/USDIslamicTradingViewScore
Tickmill (current)$1000.10 pipsYesNo3.3
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Tickmill

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Indonesia traders
Tickmill segregates all client funds and is regulated by top-tier authorities.

Tickmill User Reviews & Ratings

Trustpilot Rating

3.3
★★★★★
Based on 1,080 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.3
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Tickmill Latest News & Updates 2026

Platform
July 2026
Tickmill expands TradingView integration
Tickmill has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Tickmill maintains top-tier regulatory status
Tickmill continues to hold its regulatory licenses, ensuring client fund protection for Indonesia traders.
Product
May 2026
New instruments added for Indonesia traders
Tickmill has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Tickmill Worth It for Indonesia Traders?

3.3/5
★★★★★

Tickmill is a reputable broker with strong international regulation and low trading costs, making it a viable option for Indonesia traders who are comfortable with offshore brokers. The support for GoPay, OVO, and USDT deposits is a major convenience, and the Islamic account is a genuine offering for Muslim traders. However, the lack of OJK regulation means traders must rely on the broker’s international licenses for protection. The absence of copy trading and local language support are notable drawbacks. Overall, Tickmill is best suited for experienced Indonesia traders who prioritize low spreads and are comfortable trading with an unregulated (by OJK) broker. Beginners may prefer a broker with local regulation and more educational resources.

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FAQ — Tickmill for Indonesia Traders

Is Tickmill safe for Indonesia traders?+
How can I deposit money in Tickmill from Indonesia?+
Does Tickmill have Islamic account?+
What is the minimum deposit for Tickmill in Indonesia?+
What trading platforms does Tickmill offer?+
Is Tickmill regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Indonesia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.3/5
RegulationFCA · CySEC
Min Deposit$100
Max Leverage1000
Founded2014
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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