TekTicks Review and Information 2025

TekTicks is an offshore broker that presents itself as a global trading platform with “over 10 years of experience” and regulation from leading financial authorities. At first glance, its website appears professional, with promises of innovative tools, multiple account types, and personalized support. However, deeper investigation reveals that TekTicks is an unlicensed, offshore entity with multiple red flags, questionable practices, and mounting complaints from traders.

Regulation and Licensing

Despite advertising regulation by the UK FCA and the Cyprus CySEC, TekTicks’ license numbers do not exist in official registries. Independent checks confirm:

• No legitimate oversight by FCA, CySEC, or any recognized regulator.

• Offshore registration in the Marshall Islands (registration number 98765).

• Domain tekticks.com was registered recently, contradicting claims of long-term market presence.

This means clients have zero legal protection, no financial guarantees, and no ability to seek compensation through regulators.

Account Types and Conditions

TekTicks promotes multiple account tiers to attract both beginner and professional traders. While details vary across marketing materials, the typical structure includes:

• Basic Account — low minimum deposit, limited features.

• Advanced Account — larger deposit, personal account manager, supposed “tighter spreads.”

• VIP Account — very high minimum deposits (often $20,000+), faster withdrawals, and “exclusive trading opportunities.”

However, TekTicks’ Terms & Conditions allow the broker to change conditions unilaterally. Clients have reported unexpected fees and hidden charges that were not disclosed upfront.

Commissions and Fees

The most alarming discovery is TekTicks’ withdrawal policy. The broker charges commissions of up to 30% on withdrawals, often disguised as taxes, insurance fees, or administrative costs.

Other red flags in the fee structure include:

• Lack of transparency regarding spreads or swap rates.

• Mandatory “insurance” or “recovery” payments for accounts in loss.

• Unclear deposit policies, with some clients reporting funds never credited to their accounts.

Trading Instruments

According to its website, TekTicks offers:

• Forex pairs (major, minor, and exotic).

• CFDs on commodities (oil, metals, agriculture).

• Indices (global and regional).

• Cryptocurrencies (Bitcoin, Ethereum, others).

While the range appears broad, there is no evidence these instruments are actually traded on external markets. Clients frequently note manipulated price quotes and delayed execution, suggesting that TekTicks operates purely as a “bucket shop.”

Advantages and Disadvantages

Advantages

• Attractive website design, easy to navigate.

• Variety of claimed account types and assets.

• Active customer outreach (though often aggressive).

Disadvantages

• No valid license or regulation.

• Offshore registration in Marshall Islands.

• Unrealistic promises of guaranteed profit.

• Withdrawal commissions up to 30%.

• Manipulated quotes and fake trading environment.

• Numerous client complaints about lost deposits.

• Contract bans legal action against the broker.

Conclusion

TekTicks has all the hallmarks of a scam broker. Despite presenting itself as an established international trading company, it lacks regulation, operates from an offshore jurisdiction, and has a track record of blocking withdrawals and demanding extra payments. The trading platform itself appears to be a simulation rather than a link to real markets.

Final Verdict: TekTicks is not a safe broker. Investors should avoid opening accounts or depositing funds. Those who have already invested should stop all communication, document their interactions, and seek professional assistance to attempt recovery of funds.