Tickmill Enhances Onboarding with Sumsub Verification

Tickmill, a globally recognized broker in Forex and CFD trading, is reportedly streamlining its onboarding processes through a collaboration utilizing Sumsub's verification technology. The initiative is aimed at providing new traders with smoother access to global financial markets.

Sumsub today announced its collaboration with Tickmill, stating that the integration is expected to significantly reduce account activation times and provide a faster, smoother experience for new traders in certain countries, potentially allowing them to begin trading almost instantly.

Tickmill, also a multi-asset and award-winning broker, states its mission is to offer favorable trading conditions in the market. The firm provides access to a range of CFD asset classes, including Forex, indices, commodities, stocks and ETFs, and cryptocurrencies, among others. By choosing Sumsub as its verification provider, Tickmill indicated it continues to innovate for the benefit of its clients, seeking to empower them with advanced technology, a smooth user experience, and AI-powered tools.

Within this collaboration, Sumsub is providing Tickmill with a set of digital verification solutions. These include facial biometric checks (Liveness), Proof of Address Verification, AML Screening, and Identity Document Verification, along with other services. Tickmill noted this initiative reflects its continued focus on user experience and a client-centric approach, aiming to offer traders a more streamlined and efficient way to join the broker. The company suggested this creates a "smooth, hassle-free journey" for traders from the point of registration through to trade execution.

Mariam Dawas, Tickmill's Group Head of Back Office, commented on the integration, stating, "The Sumsub integration was a natural step in our effort to simplify and speed up our onboarding process." She added, "As the first touchpoint with our clients, it's important that activation is fast, seamless and effortless so that they can start trading without delays. It's all about a better experience from the very first step."

Hardik Tank, Tickmill's Product Owner - Onboarding, also commented, stating, "This integration sets the foundation for a unified and automated onboarding flow - bringing together identity verification, compliance checks, and user experience under one roof."

Andrew Sever, co-founder and CEO of Sumsub, remarked, "We are thrilled to support Tickmill's commitment to providing a secure and seamless trading journey. Our advanced verification tools help brokers like Tickmill stay ahead of evolving regulatory demands while maximizing conversion rates and safeguarding traders from digital hazards." Mr. Sever also added that what makes the partnership "even more meaningful is our shared vision of building a secure digital future where people from all over the world can access financial services online with trust and confidence."