Tickmill vs IC Markets: Fees Comparison And Review

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When comparing Tickmill and IC Markets, both brokers offer competitive fees, but their pricing structures differ. Tickmill has lower commissions on its Pro and VIP accounts, charging $2 per lot per side, while IC Markets offers raw spreads with a $3.50 per lot per side commission. Swap rates and deposit/withdrawal fees also vary, so traders should assess the full cost structure before choosing the best broker.

Deciding between Tickmill and IC Markets for trading depends on what traders need. Tickmill is preferred by high-volume traders for its low commission structure, while IC Markets attracts scalpers and day traders with its ultra-tight spreads and deep liquidity. Both brokers offer fast execution speeds and stable platforms, so looking at Tickmill and IC Markets reviews can give traders a clearer picture of which broker suits their style.

When choosing the best broker between Tickmill and IC Markets, traders should look at trading costs, account types, and platform features. Tickmill is well-known for its cost-effective pricing, whereas IC Markets is often praised for its advanced trading tools and platform flexibility. So whether you want lower fees or better liquidity, both brokers offer good choices for Forex and CFD trading.

Tickmill vs IC Markets

Choosing between Tickmill and IC Markets comes down to fees, trading conditions, and features. This article breaks down their costs, spreads, and regulations to help you find the best value for your needs.

Tickmill and IC Markets reviews show Tickmill excels in low commissions, while IC Markets offers more assets and tight spreads. We compare key factors, including account types and bonuses, to simplify your decision.

If you're looking for the best broker, Tickmill or IC Markets, this guide highlights their pros and cons so you can choose the right platform for your trading strategy.

Tickmill vs IC Markets
Feature	Tickmill	IC Markets
Overall	4.6	4.7
Regulation	4.9	5
Fees	4.9	4.9
Trading assets	4.1	4.6
Investment instruments	3.9	4.9
Platforms and charting tools	4.2	4.4
Deposit and withdrawal	4.5	4.6
Research	4.2	4.3
Education	4.0	4.4
Support	4.5	4.6
Bonuses	4.6	2.5
Open an account	Open an account Your capital is at risk.	Open an account Your capital is at risk.

Tickmill vs IC Markets: pros and cons

A detailed IC Markets and Tickmill comparison highlights what sets them apart. IC Markets is praised for its ECN pricing model and deep liquidity, providing traders with low spreads and fast execution. In contrast, Tickmill offers minimal spreads, making it ideal for passive traders using automated strategies. Examining the IC Markets and Tickmill pros and cons can help traders decide which broker fits their needs best.

Tickmill vs IC Markets: pros and cons
	Tickmill	IC Markets
Overall pros	Well-regulated broker Ultra-low ECN trading fees Any strategy is allowed no-deposit bonus $30 (only for international entity) Free deposit and withdrawal ECN trading account Limited choice of trading assets	World's biggest Forex broker, over 180,000 clients and $1.11 trln monthly turnover Advanced ECN trading Order execution speed 40 mc Free VPS Trading servers in New York and London Strong regulation 2000+ trading assets, 60+ currency pairs EUR/USD average spread 0.1 pip
Overall cons		No Forex bonuses

Tickmill vs IC Markets: safety and regulation

Both brokers, Tickmill and IC Markets are regulated by top-tier authorities, ensuring a secure trading environment. They hold Tier-1 regulation, which is the highest level of financial oversight, and offer investor protection schemes covering amounts up to £85,000, €20,000, or €100,000 (DE) depending on the jurisdiction. This provides traders with added security in case of financial issues with the broker.

Both brokers are FCA(UK) regulated, meaning they comply with strict financial standards. They also operate under FSCA (South Africa) and FSA (Seychelles), which adds another layer of supervision. However, neither broker is regulated by FINRA (U.S.), BaFin (Germany), ASIC (Australia), CFTC (U.S.), MAS (Singapore), or BVIFSC, which may be a consideration for traders in those regions.

Tickmill vs IC Markets: safety and regulation
	Tickmill	IC Markets
Max. regulation level	Tier-1	Tier-1
Investor protection	£85,000 €20,000 €100,000 (DE)	£85,000 €20,000 €100,000 (DE)
FCA UK regulation	Yes	Yes
FINRA (U.S)	No	No
BaFin (Germany)	No	No
ASIC (Australia)	No	No
CFTC (U.S)	No	No
MAS	No	No
FSCA SA	Yes	Yes
BVI FSC	No	No
VFSC	No	No
FSA (Seychelles)	Yes	Yes

Tickmill vs IC Markets: trading conditions

The trading conditions at Tickmill and IC Markets differ in deposit amounts, platform choices, and available markets. While both brokers offer leverage up to 1:500, their deposit requirements set them apart. When looking at the Tickmill and IC Markets platform selection, both brokers support MT4 and MT5, so traders can use familiar tools. However, IC Markets also offers cTrader, which traders prefer for its speed and better charting features. In terms of market variety, IC Markets provides access to over 2,000 instruments, while Tickmill has around 200+, covering Forex, indices, commodities, cryptocurrencies, metals, stocks, and bonds.

Regarding funding requirements, the Tickmill and IC Markets minimum deposit varies. Tickmill allows traders to start with $100, making it easier for newcomers, while IC Markets sets a $200 minimum, offering access to tighter spreads and more trading opportunities. Whether affordability or market diversity is your priority, both brokers offer flexible deposit choices depending on what traders need.

Tickmill vs IC Markets: trading conditions
Trading Conditions	Tickmill	IC Markets
Minimum deposit	$100	$200
Trading platforms	MT4, MT5	MT4, MT5, cTrader
Max leverage (futures)	1-500	1-500
Supported markets	Forex, CFDs on indices, commodities, crypto, metals, stocks, bonds	Forex, futures, CFDs on indices, commodities, metals, stocks and bonds
Trading assets	200+	2000+
Trading accounts	Classic, Pro, VIP, Demo	cTrader, Raw Spread, Standard
Base account currencies	USD, EUR, GBP	USD, AUD, GBP, CHF, JPY, NZD, SGD, CAD, HKD, BTC

Tickmill vs IC Markets: fees

When it comes to IC Markets and Tickmill fees, both brokers keep their pricing competitive with tight spreads and low commissions. The standard account spread for EUR/USD starts at 1.0 pips and can go up to 1.6 pips, while ECN accounts offer much lower spreads, starting from 0.1 pips. Additionally, both brokers charge a $3 commission per lot on ECN accounts, so active traders can keep their costs low.

For those looking at IC Markets and Tickmill account options, both brokers allow traders to manage their funds without extra costs by offering fee-free deposits and withdrawals. Neither broker imposes inactivity fees, so even occasional traders can keep their accounts open without worrying about extra fees.

When analyzing IC Markets and Tickmill spreads, traders will find that both brokers maintain consistently tight pricing across different account types. This makes them ideal for scalpers and high-frequency traders who want to trade with low costs and fast execution.

Tickmill vs IC Markets: fees
	Tickmill	IC Markets
Standard acc. spread EUR/USD, min pips	1,0	1,0
Standard acc. spread EUR/USD, max pips	1,6	1,6
ECN commission	3	3
ECN Spread EUR/USD	0,1	0,1
Deposit fee, %	No	No
Withdrawal fee, %	No	No
Withdrawal fee, USD	No	No
Inactivity fee, $	No	No

A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.

Tickmill vs IC Markets: trading assets

When comparing Forex trading at Tickmill and IC Markets, there are clear differences in how many assets each broker offers. IC Markets provides access to over 2,000 tradable instruments, including a wide selection of currency pairs, while Tickmill offers more than 200, giving it a simpler selection. Both brokers support major asset classes such as stocks (CFDs), metals, cryptocurrencies, energy, indices, ETFs, and bonds. However, traders should be aware that IC Markets allows futures trading (CFDs), while Tickmill does not.

For those analyzing the Tickmill and IC Markets trading environment, both brokers offer strong trading conditions across various markets. Tickmill is a good option for traders who prefer a straightforward asset list, whereas IC Markets stands out for its wide range of instruments and advanced trading tools. Whether a trader values simplicity or variety, both platforms provide good options for different types of traders.

Tickmill vs IC Markets: trading assets
Asset Name	Tickmill	IC Markets
Overall	200+	2000+ trading assets
Forex	Yes	Yes
Stocks	Yes (CFD)	Yes (CFD)
Metals	Yes (CFD)	Yes (CFD)
Cryptocurrencies	Yes (CFD)	Yes (CFD)
Energy	Yes (CFD)	Yes (CFD)
Indices	Yes (CFD)	Yes (CFD)
ETFs	Yes (CFD)	Yes (CFD)
Bonds	Yes (CFD)	Yes (CFD)
Mutual funds	No	No
Stock options	No	No
Futures trading	No	Yes (CFD)
Binary options	No	No

Tickmill or IC Markets: investment programs

The IC Markets and Tickmill investment programs offer different options for traders looking to automate or diversify their strategies. Both brokers support copy trading, allowing users to follow and replicate the trades of experienced investors. However, IC Markets provides MAM/PAMM accounts, which are beneficial for fund managers handling multiple client accounts, while Tickmill does not offer this feature.

Tickmill or IC Markets: investment programs
Asset Name	Tickmill	IC Markets
Copy trading	Yes	Yes
MAM/PAMM	No	Yes
Managed accounts	No	No
Other	No	No

Trading platforms: IC Markets or Tickmill

Both Tickmill and IC Markets give traders different platform options to match their needs. They both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering advanced charts, automation tools, and a simple interface. However, the Tickmill and IC Markets platform options have one major difference — IC Markets also provides cTrader, a platform known for its fast execution and advanced order features, which Tickmill does not include.

When looking at Tickmill and IC Markets trading choices, both brokers ensure quick execution and access to various tools. Their platforms support different trading styles, whether short-term or long-term. If you prefer cTrader’s unique features, IC Markets is the better choice, while Tickmill works well for traders who stick to MT4 and MT5.

Trading platforms: IC Markets or Tickmill
	Tickmill	IC Markets
MT4	Yes	Yes
MT5	Yes	Yes
cTrader	No	Yes
Appropriate platform	No	IC Markets terminal
Others	No	No

Tickmill vs IC Markets: deposit and withdrawal methods

Both Tickmill and IC Markets provide a range of withdrawal options, allowing traders to access their funds conveniently. Supported methods include bank wire transfers, bank cards, and Neteller, as well as BTC for both deposits and withdrawals. However, neither broker supports Wise, Payoneer, or USDT, which could be a drawback for traders looking for alternative payment solutions. Despite this, Tickmill and IC Markets withdrawal transactions are processed efficiently, ensuring secure and reliable fund transfers without additional fees.

For traders evaluating the Tickmill and IC Markets minimum deposit requirements, there are key differences. Tickmill allows traders to start with a lower deposit of $100, making it more accessible to beginners, while IC Markets requires a minimum deposit of $200. However, both brokers provide fee-free deposits, ensuring that traders can fund their accounts without extra charges.

When considering funding methods, the Tickmill and IC Markets deposit process is straightforward and secure. These funding options make it easy for traders to manage their capital without complications. Ultimately, choosing between the two brokers depends more on trading preferences rather than differences in deposit or withdrawal flexibility.

Tickmill vs IC Markets: deposit and withdrawal methods
	Tickmill	IC Markets
Bank Wire	Yes	Yes
Bank Card	Yes	Yes
Neteller	Yes	Yes
BTC	Yes	Yes
Wise	No	No
Payoneer	No	No
USDT	No	No

Tickmill vs IC Markets: research

The Tickmill and IC Markets research types cover essential tools for informed trading. Both brokers provide a news feed, fundamental data, chart analysis, and email reports, helping traders stay updated on market trends and economic events. However, IC Markets offers trading ideas, which Tickmill does not, making it more appealing for traders seeking insights and strategy suggestions.

Tickmill vs IC Markets: research
Research Type	Tickmill	IC Markets
News feed	Yes	Yes
Fundamental data	Yes	Yes
Chart analysis	Yes	Yes
Trading ideas	No	Yes
E-Mail reports	Yes	Yes

Tickmill vs IC Markets: education

When it comes to learning resources, Tickmill and IC Markets offer a variety of education materials designed to help traders at all skill levels. Both brokers provide demo accounts, webinars, in-depth articles, and instructional videos, making it easier for traders to develop their knowledge and improve their strategies.

For those just starting out, Tickmill and IC Markets resources for beginners provide valuable features to ease the learning curve. Tickmill has an advantage with its cent account, which IC Markets does not offer. This allows new traders to practice with real money while minimizing risk. Meanwhile, IC Markets compensates with a wide range of learning tools and market analysis, ensuring that beginners have access to strong educational support no matter which broker they choose.

Tickmill vs IC Markets: education
Education Type	Tickmill	IC Markets
Demo-account/paper trading	Yes	Yes
Webinars	Yes	Yes
Articles	Yes	Yes
Videos	Yes	Yes
Cent account	Yes	No

IC Markets vs Tickmill: support

The IC Markets and Tickmill support services are reliable, offering 24/5 availability to assist traders. Both brokers provide support via email, phone, and live chat, ensuring quick responses to inquiries.

For traders needing instant assistance, the IC Markets and Tickmill with live chats feature is a convenient option. While both brokers cover essential support channels, they do not offer additional customer service methods beyond these. Whether you need technical help or account assistance, both brokers ensure accessible and responsive support.

IC Markets vs Tickmill: support
Support Features	Tickmill	IC Markets
Working days	24/5	24/5
E-mail	Yes	Yes
Phone	Yes	Yes
Online chat	Yes	Yes
Other	No	No

Tickmill vs IC Markets: Forex bonuses and promo

Both Tickmill and IC Markets provide various incentives to attract traders. While Tickmill focuses on promotional rewards, IC Markets prioritizes competitive trading conditions. Among the different perks available, Tickmill and IC Markets offer affiliate programs that let traders earn a percentage of trading commissions. Additionally, Tickmill runs trading contests where participants can compete for prizes, giving traders an extra opportunity to boost their earnings.

For those specifically looking for bonuses, the IC Markets and Tickmill bonus options differ:

Tickmill provides a $30 welcome bonus, which IC Markets does not offer. This makes Tickmill a more appealing choice for traders seeking risk-free initial capital.
IC Markets compensates for the lack of direct bonuses by maintaining tighter spreads and lower trading costs, benefiting traders in the long run.

Tickmill vs IC Markets: Forex bonuses and promo
Promo	Tickmill	IC Markets
Forex bonus	$30 welcome bonus	Not offered
Affiliate program	Yes	% of trading commissions
Other promos	Trading contests	No

Conclusion

This Tickmill vs IC Markets comparison covers fees, trading conditions, platforms, and regulatory security to help traders choose the best broker. Tickmill offers lower commission fees on Pro accounts and a $100 minimum deposit, while IC Markets provides more trading assets, cTrader access, and a $200 minimum deposit. Both brokers support MT4 and MT5, offer tight spreads, high leverage (1:500), and no deposit/withdrawal fees, making them competitive choices for Forex and CFD traders.

Tickmill excels in low-cost trading, while IC Markets stands out for its extensive asset selection and advanced trading tools. Both brokers provide strong education, research, and 24/5 customer support, but Tickmill offers a $30 welcome bonus, unlike IC Markets. Ultimately, choosing Tickmill or IC Markets depends on whether you prioritize lower costs or a wider range of trading opportunities.

FAQs

What should I start Forex trading with?

Novice traders should explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker and learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.

What amount should I start trading with?

The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.

What should I take into consideration when choosing a broker?

Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, and customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.

Is it possible to be scammed by a broker with a license from a reputable regulator?

In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.

Team that worked on the article

Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses that want to improve their Google search rankings to compete with their competition. With expertise in search engine optimization (SEO) and content marketing, he ensures his work is both informative and impactful.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).