Item: Tickmill
Rating: 7.43
Author: Oleg Tkachenko

7.15/10

Overall Score

Minimum deposit $100
EUR/USD spread 0.1
Supported assets 600
Regulation CySEC, FCA UK, FSA, LFSA, FSCA

6 912*

users picked this broker in 3 months

Check out the Best Forex brokers of United States

Tickmill isn't available in

Brief Look at Tickmill

Tickmill is a regulated Forex and CFD broker licensed by FCA, CySEC, FSCA, and FSA Seychelles, known for its competitive pricing and fast execution. It offers several account types, including Classic (spread-only pricing), Pro, and VIP accounts with raw spreads and commissions as low as $3 per lot. Tickmill supports the popular MetaTrader 4 and MetaTrader 5 platforms and requires a low minimum deposit starting at $100, making it accessible to both new and experienced traders.

Low trading costs — raw spreads from 0.0 pips and commissions from $2 per lot
Multi-regulated and trustworthy — licensed by FCA, CySEC, FSCA, and FSA
Fast execution speeds — ideal for scalping and high-frequency strategies
Free VPS and Autochartist access — valuable tools for automated and technical traders
Low minimum deposit

Limited range of instruments compared to multi-asset brokers
No proprietary platform — only MetaTrader 4 and 5 are available

Why trust us

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Excellent

Tickmill Key Parameters Evaluation

7.15/10

Tickmill Summary

8.1

User reviews and loyalty

Commissions and fees

9.8

Regulation and safety

7.2

Deposit and withdrawal

7.54

Trading account opening

7.75

Markets and products

Trading platforms and tools

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Top Forex brokers vs Tickmill

	Tickmill	FBS	FxPro
TU overall score	7.15	8.21	8.48
Max. Regulation Level Tier-1 regulation represents the most stringent oversight by top financial authorities, ensuring the highest level of security and compliance. Tier-2 and Tier-3 regulations indicate moderate to lower levels of oversight, with varying degrees of investor protection.	Tier-1	Tier-1	Tier-1
ECN Spread EUR/USD	0.1	0.1	0.2
ECN Commission	3	3	3
Withdrawal fee, %	No	No	No

User reviews and loyalty

User reviews and loyalty:

8.1/10

Tickmill generally receives favorable feedback from clients, with many highlighting its trading conditions and service quality. However, as with any broker, user opinions can vary. Analyzing verified reviews offers a clearer picture of how the broker performs in practice, beyond promotional claims. The following sections break down key insights from user reviews and evaluate customer sentiment and loyalty based on verified Trustpilot data.

What are Axi reviews?

User Reviews Score:

4.2/5

According to Trustpilot data, users have left over 1,064 reviews about the company. The overall Trustpilot rating for Tickmill is 4.2.

Note:

Our score may slightly differ from Trustpilot as we use a different scoring methodology. Our User Reviews Score methodology is superior to a simple average calculation as it takes into account not just ratings but also the volume of reviews, their representativeness, and the proportion of negative ones. It mitigates distortions from limited data, encourages companies to collect more high-quality feedback, and minimizes the impact of outlier negative reviews.

4.2/5

rate of 1064 reviews

5-star 66%

4-star 13%

3-star 2%

2-star 2%

1-star 17%

Customer loyalty and perception of CMC Markets

Customer Loyalty Index:

3.9/5

The trust and satisfaction index for Tickmill is derived from the ratio of positive to negative reviews, offering a clear measure of customer loyalty and overall sentiment. Built on data from Trustpilot, a globally recognized platform for consumer feedback, this index provides valuable insight into how the brand is perceived by its customers. A high ratio of positive reviews signals strong loyalty, while a prevalence of negative feedback highlights areas for improvement in the customer experience.

How does Tickmill show up in online feedback?

Tickmill receives a generally positive response from users, though a noticeable portion of critical feedback suggests that experiences can vary. While many traders highlight the broker’s strengths, some concerns have been raised that slightly affect its overall reputation.

Does Tickmill respond to reviews?

Yes, Tickmill encourages clients to leave feedback on its services, with a total of 100% responses to negative reviews. Engaging with reviews, especially negative ones, is essential as it demonstrates the company's commitment to addressing customer concerns, improving service, and building trust. Responding to feedback shows that the company values transparency and actively works to enhance client satisfaction.

Why do customers appreciate Tickmill?

Over 79% users have shared their positive experiences, highlighting what they appreciate about Tickmill.
Top 5 common reasons why people are satisfied with companies in the financial sector based on reviews:

Responsive Customer Support	Quick and helpful responses that resolve issues efficiently.
Transparent Fee Structure	Clear communication about fees and charges, with no hidden costs.
Strong Security Measures	Robust protection and encryption measures, ensuring user data and funds are secure.
Fast and Smooth Withdrawals	Efficient processing of withdrawals, allowing easy access to funds.
Reliable Platform Performance	Consistent uptime and a user-friendly interface with minimal technical issues.

Commissions and Fees

Score:

7/10

The trading and non-trading commissions of broker Tickmill have been analyzed and rated as Medium with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, RoboForex and XM Group, to provide the most comprehensive information.

Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Above-average Forex trading fees

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Tickmill with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Tickmill’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Tickmill Standard spreads
	Tickmill	RoboForex	XM Group
EUR/USD min, pips	1,0	0.5	0.7
EUR/USD max, pips	1.6	2.0	1.2
GPB/USD min, pips	1.0	0.5	0.6
GPB/USD max, pips	1.7	1.5	1.2

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Tickmill RAW/ECN spreads
	Tickmill	RoboForex	XM Group
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3	2	3.5
EUR/USD avg spread	0.1	0.2	0.2
GBP/USD avg spread	0.2	0.4	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Tickmill. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Tickmill Non-Trading Fees
	RoboForex	XM Group
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0-4	0
Withdrawal fee, USD, % The indicated amount does not include possible fees from payment systems and banks.	0-1.3	0
Inactivity fee ($, per month)	0	10

Regulation and Safety

Score:

9.8/10

Tickmill has a safety score of 9.8/10, which corresponds to a High level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Regulated in the UK
Track record over 8 years

Strict requirements and extensive documentation to open an account

Tickmill Regulators and Investor Protection
Abbreviation	Full Name	Country	Investor Protection Fund	Regulation Level
FCA UK	Financial Conduct Authority	United Kingdom	Up to £85,000	Tier-1
CySec	Cyprus Securities and Exchange Commission	Cyprus	Up to €20,000	Tier-1
FSA (Seychelles)	Financial Services Authority of Seychelles	Seychelles	No specific fund	Tier-3
FSCA SA	Financial Sector Conduct Authority of South Africa	South Africa	No specific fund	Tier-2

Other Tickmill Security Factors
Foundation date	2017
Negative balance protection
Verification (KYC)

Deposit and Withdrawal

Score:

7.2/10

Tickmill received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
Tickmill excels by providing a broad selection of payment methods, ensuring minimal costs and a seamless experience for users seeking efficient fund management.

Minimum deposit below industry average
Bank wire transfers available
Low minimum withdrawal requirement
Bank card deposits and withdrawals

Limited deposit and withdrawal flexibility, leading to higher costs
USDT payments not accepted
Wise not supported

What are Tickmill deposit and withdrawal options?

Tickmill provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Skrill, Neteller, BTC.

Tickmill Deposit and Withdrawal Methods vs Competitors
	Tickmill	RoboForex	XM Group
Bank wire
Bank card
PayPal
Wise
BTC

What are Tickmill base account currencies? Base account currencies are the primary currencies in which trading accounts are denominated. They determine the currency used for deposits, withdrawals, and calculating account balances.Using a base currency that matches a trader's local currency can help avoid unnecessary conversion fees.

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Axi supports the following base account currencies:

USD

EUR

GBP

BTC

PLN

What Are Tickmill's Minimum Deposit and Withdrawal Amounts?

The minimum deposit on Tickmill is $100, while the minimum withdrawal amount is $25. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Tickmill’s support team.

Trading Account Opening

Score:

7.54/10

Tickmill isn't available in

* Location-based content display

We successfully registered an account with Tickmill, which took 30 minutes. The minimum deposit amount at Tickmill is $100.

Low minimum deposit
Fast KYC (1 working day)
Fast registration

You may be asked to provide extra documents

Tickmill Account Opening Documents and Options
Minimum deposit	$100
Is it fully online?
Registration time	10 minutes
KYC time	1 working day
Account currencies	USD EUR GBP BTC PLN
Funding options	Bank Card, Bank Wire, PayPal, Skrill, Neteller, BTC (with regional restrictions).

Required documents

An identification document displaying your full name. The image must be high quality, unobstructed and show the full document page. In cases of national ID or Driving license document, both sides of the document must be uploaded. The document must have more than 3 months validity.

Proof of address must be no more than 180 days old (utility bill (except for mobile phone bill) / bank statement / other government issued document). The document must be issued in the applicant’s name and show their current residential address as provided during the registration. The image must be high quality, unobstructed and show the full document page.

Tickmill verification

Account types

Tickmill offers a wide range of account types, including Standard, ECN and Swap-Free accounts. However, it does not provide Cent or Managed accounts, which may limit options for beginners or passive investors.

Tickmill accounts
Standard A general trading account suitable for most traders, offering access to a variety of markets with standard spreads and conditions.
ECN Provides direct market access with raw spreads and low latency execution. Typically requires a commission per trade instead of a spread markup. Suitable for high-frequency and professional traders.
Swap Free Designed for traders who follow Islamic finance principles, eliminating overnight interest (swap) charges.
Micro Allows trading with micro-lots (0.01 lot = 1,000 units), reducing capital requirements and risk. Ideal for beginners and strategy testing. Availability and conditions vary by broker.
Cent Operates with cent-denominated balances (1 USD = 100 cents), allowing trades with micro-lot sizes (0.01 lot = 1,000 units). Suitable for beginners and low-risk strategies.
Demo Enables risk-free trading with virtual funds. Conditions may vary by broker.
VIP Offers premium services, lower fees, and dedicated support. Requirements vary by broker.
Managed A professional handles trading on behalf of the investor. Risks and fees depend on the provider.

How to open Tickmill account

Click Create Account on the homepage.

Enter your personal details: email address, phone number, citizenship, and account type. Then, provide additional information including your education level, work experience, trading skills, investment goals, funds under management, and source of income.

Tickmill registration form

Markets and Products

Score:

7.75/10

Tickmill provides a standard range of trading assets in line with the market average. The platform includes 600 assets in total and 62 Forex currency pairs.

Commodity futures are available
62 supported currency pairs
Passive income with bonds

Copy trading not available

Tickmill supported markets vs top competitors

We have compared the range of assets and markets supported by Tickmill with its competitors, making it easier for you to find the perfect fit.

	Tickmill	RoboForex	XM Group
Currency pairs	62	40	57
Tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions imposed on CFDs.	600	12000	1400
Stocks
Commodity futures
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
Stock indices
Options

Investment options

We also explored the trading assets and products Axi offers for beginner traders and investors who prefer not to engage in active trading.

	Tickmill	RoboForex	XM Group
Bonds
ETFs
Copy trading
PAMM investing
Managed accounts

Trading Platforms and Tools

Score:

10/10

Tickmill offers access to leading trading platforms, ensuring a familiar and flexible trading experience for its clients. Supported platforms include MetaTrader 4, MetaTrader 5 and TradingView.

MT4 and MT5
Real-time trading alerts
TradingView integration

No proprietary platform

Key Information about Tickmill’s trading platform
Alerts
2FA
EAs
Indicators	40+

Tickmill MetaTrader 4 (MT4)

MetaTrader 4 (MT4) is the primary trading platform offered by Tickmill, known for its reliability, speed, and wide adoption in the Forex industry. Developed by MetaQuotes, MT4 is well-suited for both beginner and experienced traders, offering a clean interface and powerful tools for analysis and execution.

The platform includes 9 timeframes, 30+ built-in indicators, 3 chart types, and supports Expert Advisors (EAs) for automated trading. It also features one-click trading, customizable layouts, and multiple order types, including 4 types of pending orders and position hedging.

Tickmill’s MT4 is available on Windows, macOS, iOS, Android, and WebTrader, allowing for flexible trading across desktop and mobile devices.

Additional trading tools

Tickmill offers a comprehensive suite of trading tools, including support for EAs, one-click trading, signals, Autochartist, and Trading Central. Traders also benefit from API access, a built-in EA builder, free VPS, and TradingView integration, making it a strong choice for both manual and automated strategies.

Tickmill trading tools vs competitors
	Tickmill	Eightcap	FxPro
Trading bots (EAs)
Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.
API An Application Programming Interface (API) allows traders to connect their trading accounts to custom applications, algorithms, or third-party software. This flexibility enables advanced trading strategies and automated trading solutions tailored to individual needs.
Free VPS A Virtual Private Server (VPS) provides a dedicated and reliable server environment for running trading platforms and EAs without downtime. Free VPS ensures that trading operations continue uninterrupted, even when the trader's personal device is off.
Signals (alerts) Trading signals or alerts are notifications that provide buy or sell recommendations based on market analysis. These signals help traders make timely decisions by highlighting potential trading opportunities.
One-click trading One-click trading simplifies the trading process by allowing traders to open or close positions with a single click. This feature is particularly useful for scalpers and day traders who need to act quickly in fast-moving markets.
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without needing to write code. This empowers traders to customize their trading approaches and backtest them for effectiveness.
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key levels. It provides traders with real-time alerts and actionable insights, helping to improve trading accuracy and efficiency.
TradingView

TU Expert Advice: Is Tickmill Worth the Try?

Tickmill provides a diverse range of trading services, including access to Forex, stock indices, commodities, bonds, and cryptocurrencies. The platform offers MT4, MT5, WebTrader, and Tickmill Trader platforms, with Classic, Raw, and Pro accounts, each requiring a minimum deposit of $100. Low spreads from 0 pips, AI-powered tools like Acuity Trading and Signal Centre, and negative balance protection are key advantages. The broker's regulatory oversight by the FCA and CySEC further enhances its attractiveness for both novice and professional traders seeking robust security measures.

Despite its strengths, Tickmill does have drawbacks, such as limited client support, only available 24/5. The restricted selection of currency pairs and the lack of cent accounts or trust management services could be a limitation for some traders. These limitations make Tickmill ideal for traders focused on using advanced tools and strategies like scalping or robot trading but may not suit those who require extensive currency pair options or around-the-clock support.

Trade with this broker, if:

You need a really wide choice of CFDs on stocks. Tickmill offers over 500 assets of this type. This is one of the biggest pools of CFDs on securities among top brokers.
You want to copy trades of successful traders. The broker offers two services, MyFxBook, auto trading with flexible signal copying, and classic MQL5 for MT4 and MT5.
You want to trade actively. The broker offers some of the best conditions for active traders. These are spreads for currency pairs of just over 0.1 pips, and free VPS.

Do not trade with this broker, if:

You want low spreads on a standard account. Only Tickmill’s Raw account have raw spreads from 0 pips. The Classic account has a regular floating spread starting from 1.6 pips.

Video Review of Tickmill

FAQs

How much do you need to start trading with Tickmill?

Tickmill offers accessible trading with a minimum deposit starting from $100, depending on the account type and region. While entry requirements are low, traders should ensure sufficient funding to cover margin requirements and trade effectively. Read more about Tickmill’s funding options in our article.

Is Tickmill a regulated broker or a scam?

Tickmill is a regulated and trustworthy broker, not a scam. It is licensed by reputable authorities including the FCA (UK), CySEC (EU), FSCA (South Africa), and FSA Seychelles, ensuring compliance with global regulatory standards. Read more about Tickmill’s licenses and safety measures.

What is the spread for EUR/USD at Tickmill?

Tickmill offers ultra-low spreads starting from 0.1 pips on Pro and VIP accounts, with commissions from $3 per lot. Classic accounts have slightly wider spreads but no commissions. Actual spreads may vary based on market conditions and liquidity.

What are Tickmill deposit and withdrawal options?

Tickmill supports multiple funding methods, including:

Bank cards (Visa, Mastercard)

International bank transfers

E-wallets (Neteller, Skrill, Sticpay)

Local payment solutions (depending on region)

Cryptocurrency options (in selected regions)

Most deposits are fee-free and processed quickly, though processing times may vary by method.

Where is Tickmill available?

Tickmill accepts clients from a wide range of countries across Europe, Asia, Africa, Latin America, and the Middle East. However, it does not provide services to residents of the United States, Canada, or other restricted jurisdictions. Visit Tickmill’s official website for a detailed list of supported regions.

How many Forex pairs and trading instruments does Tickmill offer?

Tickmill provides access to 80+ Forex currency pairs and a variety of CFDs on indices, commodities, bonds, and cryptocurrencies, totaling over 600 tradable assets. The broker focuses on offering fast execution and low-cost trading across key global markets.

Articles that may help you

Tickmill Scalping: Effective Strategies and Tips Andrey Mastykin February 2025 Does Tickmill Pay Out Profits? Peter Emmanuel Chijioke November 2023 How To Make Money On Tickmill: Full Guide Peter Emmanuel Chijioke February 2025 How to Use Tickmill Copy Trading Parshwa Turakhiya February 2025 Tickmill Customer Service Review Peter Emmanuel Chijioke February 2025 Comparison of Tickmill with other brokers Ivan Andriyenko June 2023 Tickmill spreads and swaps Mikhail Vnuchkov June 2023 Tickmill’s MT4 (Metatrader 4) Trading Platform Ivan Andriyenko February 2025 Tickmill mobile app Andrey Mastykin February 2025

Our reviews of other companies as well

TrioMarkets MTrading NPBFX WForex TeleTrade Saxo Bank

Latest Tickmill News

Tickmill partners with Sumsub to accelerate trader onboarding

Tickmill, a global multi-asset broker, has announced a strategic partnership with Sumsub, a leading provider of full-cycle digital verification

Mirjan Hipolito

25.04.2025

Tickmill offers 100% deposit bonus

18.04.2025
Tickmill offers $30 no-deposit bonus

25.03.2025
Tickmill hosts trading contest with $30,000 in cash prizes

13.03.2025

Team that worked on the article

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Learn about our editorial policies

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

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).

Top 5 companies for you

United States