Tickmill UK Ltd, the Financial Conduct Authority-regulated unit of the larger Tickmill Group, ended 2022 with an annual revenue of £6.18 million, a decline of 19.5 percent from the previous year’s £7.6 million. Its yearly net profit also halved to £643,284.
A Struggling Year for Tickmill UK?
According to the latest Companies House filing, the UK-registered company witnessed an operating profit of £809,782 last year, which was derived from adding the income from other sources to the revenue and deducting the administrative expenses. Although the company managed to cut down its administrative expenses, the declined revenue pushed down the operating profit by over 46 percent.
The pre-tax profit of the company came in at £786,901 compared to £1.48 million in the previous year. After taxes, the net profit figure depleted more than 49 percent from 2021’s £1.27 million. The decline came after a year when the profits of the UK company significantly increased.
Tickmill is a broad retail brokerage brand with its services extended globally. Apart from the UK, other local subsidiaries of the brokerage group are regulated in Dubai, Cyprus, South Africa, Seychelles, and Malaysia. The numbers reported to the Companies House only show the performance of the UK entity and not any other global subsidiary.
Tickmill UK primarily generates revenue from spreads on contracts for differences (CFDs) and from commissions charged on exchange-traded derivatives.
2022 income statement of Tickmill UK Ltd
Declining Trading Activities
The filing further revealed that the company’s return on capital employed fell to 5 percent from 9.4 percent in the previous year. However, the money under management improved to £16.7 million from £16.4 million.
The trading volume handled by the UK-registered company also dropped to $189 billion of notional value from $195 billion in the previous year.
“The primary key performance indicators that management of the company uses to monitor its business and performance are capital employed, trading volume, and profitability,” the Companies House filing stated. “Against the backdrop of challenging trading and regulatory conditions and significant geo-political factors and influences, management is encouraged by the results.”
Tickmill UK Ltd, the Financial Conduct Authority-regulated unit of the larger Tickmill Group, ended 2022 with an annual revenue of £6.18 million, a decline of 19.5 percent from the previous year’s £7.6 million. Its yearly net profit also halved to £643,284.
A Struggling Year for Tickmill UK?
According to the latest Companies House filing, the UK-registered company witnessed an operating profit of £809,782 last year, which was derived from adding the income from other sources to the revenue and deducting the administrative expenses. Although the company managed to cut down its administrative expenses, the declined revenue pushed down the operating profit by over 46 percent.
The pre-tax profit of the company came in at £786,901 compared to £1.48 million in the previous year. After taxes, the net profit figure depleted more than 49 percent from 2021’s £1.27 million. The decline came after a year when the profits of the UK company significantly increased.
Tickmill is a broad retail brokerage brand with its services extended globally. Apart from the UK, other local subsidiaries of the brokerage group are regulated in Dubai, Cyprus, South Africa, Seychelles, and Malaysia. The numbers reported to the Companies House only show the performance of the UK entity and not any other global subsidiary.
Tickmill UK primarily generates revenue from spreads on contracts for differences (CFDs) and from commissions charged on exchange-traded derivatives.
2022 income statement of Tickmill UK Ltd
Declining Trading Activities
The filing further revealed that the company’s return on capital employed fell to 5 percent from 9.4 percent in the previous year. However, the money under management improved to £16.7 million from £16.4 million.
The trading volume handled by the UK-registered company also dropped to $189 billion of notional value from $195 billion in the previous year.
“The primary key performance indicators that management of the company uses to monitor its business and performance are capital employed, trading volume, and profitability,” the Companies House filing stated. “Against the backdrop of challenging trading and regulatory conditions and significant geo-political factors and influences, management is encouraged by the results.”
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
Prop Firms and Brokers Form a Perfect Synergy: One Offers Access, the Other Capital
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
