Tickmill now UK licensed?

P

pipeguy

Got notification from them today that they have received FCA license (to be precise opened UK entity which in turn got FCA license).
Does it mean additional protection for Non-EU and UK clients?
Wud really appreciate your opinions.
PG
 
pipeguy said:
Got notification from them today that they have received FCA license (to be precise opened UK entity which in turn got FCA license).
Does it mean additional protection for Non-EU and UK clients?
Wud really appreciate your opinions.
PG
More...


Can i ask you, how does that work when you open an account with a broker like Tickmill
that's from Seychelles do you have to pay taxes on Seychelles? or just on your country of
origin? Thx.
 
pipeguy said:
Does it mean additional protection for Non-EU and UK clients?
More...

As Humpy says. Ask them (or the FCA).

The benefits of full authorised status for consumers are well documented. You could even look at the FCA website.
 
Reed664 said:
Can i ask you, how does that work when you open an account with a broker like Tickmill
that's from Seychelles do you have to pay taxes on Seychelles? or just on your country of
origin? Thx.
More...
If you open under their UK entity then I think taxes should be paid to local tax agency.
 
Tim Smith said:
As Humpy says. Ask them (or the FCA).

The benefits of full authorised status for consumers are well documented. You could even look at the FCA website.
More...
Yes I asked their customer service and they said that all clients from the list of allowed counties are under FCA protection.
 
doggyfx said:
What about leverage restrictions? Is it also applied to this broker?
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Yes as they are now FCA regulated they also subject to the regulator's rules. No more life for gamblers and risk-hunters :)
So what is your experience with their UK branch? or you still their on Tickmill SC?
 
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