Tickmill Review 2026: Our Complete Analysis
Last updated: 01/2026 · view the full broker profile
If you're searching for a Tickmill review before opening an account, you're in the right place. Tickmill is a forex and CFD broker founded in 2014 and headquartered in London. It has built a strong reputation among cost-sensitive traders — particularly scalpers and algorithmic traders — thanks to its RAW spreads starting at 0.0 pip and execution averaging around 20ms. This review covers everything you need to know: regulation, trading conditions, platforms, fees, and who Tickmill is actually suited for.
Quick Scoring
| Criterion | Score |
|---|---|
| Regulation and security | 9/10 |
| Trading costs | 9/10 |
| Platforms and tools | 7/10 |
About Tickmill
Tickmill was established in 2014 and is operated by the Tickmill Group. The legal entity serving UK and European clients is Tickmill UK Ltd, based in London. The group also maintains offices in Limassol, Labuan, Mahé (Seychelles), and Johannesburg.
With over 600,000 clients across more than 180 countries, Tickmill has grown into a recognized mid-to-large broker. It supports 12 languages including English, French, German, Arabic, Chinese, and Russian. The company is privately held and not publicly listed.
Tickmill's positioning is clear: it targets active traders who prioritize low costs and fast execution over a wide product catalog.
Regulation and Fund Security
Tickmill is regulated by five authorities, including two Tier-1 regulators. This places it among the better-regulated brokers available to retail traders.
| Regulator | Country | License Number |
|---|---|---|
| FCA | United Kingdom | 717270 |
| CySEC | Cyprus | 278/15 |
| FSA | Seychelles | SD008 |
| Labuan FSA | Malaysia | MB/18/0028 |
| FSCA | South Africa | 49464 |
Key client protections in place:
- Client funds are held in segregated accounts, separate from company funds
- Negative balance protection is applied across all retail accounts
- UK clients benefit from FSCS compensation up to £85,000 GBP
- EU clients (CySEC entity) are covered by the ICF up to €20,000 EUR
If you're asking whether Tickmill is safe, the answer is yes — for clients onboarded under the FCA or CySEC entities. The offshore FSA (Seychelles) entity carries lower protections by comparison, so check which entity your account falls under during registration.
Trading Conditions
Account Types
| Account | EUR/USD Spread | Commission | Min. Deposit |
|---|---|---|---|
| Classic | ~1.6 pip | None | $100 |
| Pro (RAW) | ~0.0 pip | $2/lot per side | $100 |
| VIP | ~0.0 pip | $1/lot per side | $50,000 |
| Islamic (swap-free) | Variable | Variable | $100 |
The Pro (RAW) account is the standout option. At $100 minimum deposit and a round-turn commission of $4 per standard lot, it delivers institutional-grade spreads accessible to retail traders. For a trader doing 10 standard lots per day, this structure is materially cheaper than most competitors offering commission-free spreads above 1.0 pip.
The Classic account suits beginners who prefer a commission-free, simpler structure. The spread of ~1.6 pip on EUR/USD is reasonable but not exceptional.
The VIP account cuts commission to $1/lot per side, but the $50,000 minimum deposit is a significant barrier.
Spreads
| Instrument | Spread (Pro RAW) |
|---|---|
| EUR/USD | 0.0 pip |
| GBP/USD | 0.3 pip |
| XAU/USD | $0.10 |
| BTC/USD | 40 points |
All spreads are variable. Execution is NDD/STP — Tickmill does not act as a market maker against client orders.
Trading Parameters
- Minimum lot size: 0.01
- Retail leverage (FCA/CySEC): 1:30
- Professional leverage: up to 1:500
- Scalping: allowed
- Hedging: allowed
- Expert Advisors (EAs): allowed
- Guaranteed stop-loss: not available
- Trailing stop: available
- Inactivity fee: none
The 1:30 retail cap is a regulatory requirement under FCA/ESMA rules — not a broker restriction. Traders who qualify as professional clients can apply for leverage up to 1:500.
Trading Platforms
Tickmill offers MetaTrader 4 and MetaTrader 5, both available on desktop, web, and mobile.
| Platform | Desktop | Web | Mobile |
|---|---|---|---|
| MetaTrader 4 | Yes | Yes | Yes |
| MetaTrader 5 | Yes | Yes | Yes |
MT4 remains the standard for forex scalpers and EA developers. MT5 adds more order types, a built-in economic calendar, and access to a broader range of instruments including stock CFDs.
There is no proprietary platform. If you use cTrader or a custom web interface, Tickmill won't cover that need. However, for traders whose workflow is built around MetaTrader, this limitation is irrelevant.
Tickmill also offers a branded Tickmill App for mobile trading, though its feature set is not disclosed in detail.
Tools and Extras
- Autochartist: automated technical pattern recognition
- Trading Central: analyst signals and technical analysis
- Free VPS: available for clients depositing $5,000 or more — a significant benefit for EA traders
- CashBack rebates: volume-based rebate program for active traders
- Economic calendar: integrated within the platforms
Tradable Instruments
| Category | Count |
|---|---|
| Forex pairs | 62+ |
| Stock CFDs | 600+ |
| Indices | 15+ |
| Commodities | 12+ |
| Bonds | 4+ |
| Crypto CFDs | 15+ (not available for UK/EU retail) |
| ETFs | Not available |
| Futures | Not available |
| Total | 725+ |
The catalog of 725+ instruments is functional but modest compared to brokers like Saxo or IG, which offer thousands. The absence of ETFs and listed futures is a clear limitation for diversified traders. Stock CFD coverage at 600+ instruments is reasonable.
Crypto CFDs are available in some jurisdictions but are not available to retail clients in the UK or EU, in line with FCA and ESMA restrictions.
Deposits and Withdrawals
Deposit Methods
- Bank card (credit/debit)
- Bank wire transfer
- Skrill
- Neteller
- Sticpay
- Cryptocurrencies (USDT)
- UnionPay
Minimum deposit: $100 USD (applies to Classic, Pro, and Islamic accounts). Deposit fees: $0.
Withdrawal Options
| Method | Fee | Processing Time |
|---|---|---|
| Bank wire transfer | Free | 1-3 business days |
| Bank card | Free | 1-3 business days |
| Skrill / Neteller | Free | Instant |
All withdrawals are free of charge from Tickmill's side. The e-wallet options (Skrill, Neteller) offer instant processing, which is a practical advantage. There is no inactivity fee, which removes a common frustration for traders who take breaks.
Customer Support and Education
Support
Tickmill provides 24/5 support via live chat, email, and telephone. The support team operates in 12 languages: English, French, German, Spanish, Italian, Portuguese, Arabic, Chinese, Russian, Thai, Vietnamese, and Indonesian.
Response times via live chat are generally reported as prompt. Phone support is available, which is less common among mid-tier brokers.
Education
| Resource | Available |
|---|---|
| Demo account | Yes |
| eBooks | Yes |
| Video tutorials | Yes |
| Webinars | Yes |
The educational offering is solid for a broker at this level. Webinars and video content suit intermediate traders looking to develop strategies. The demo account is unlimited, which benefits both beginners and experienced traders testing new EAs.
Pros and Cons
Strengths
- RAW spreads from 0.0 pip on EUR/USD with $2/lot commission — among the lowest all-in costs available
- No deposit fees, no withdrawal fees, no inactivity fee
- Regulated by five authorities including FCA and CySEC
- CashBack rebate program benefits high-volume traders
- Execution speed of approximately 20ms — competitive for algorithmic and scalping strategies
Weaknesses
- Limited instrument catalog (725+) — no ETFs, no listed futures
- No proprietary platform; MT4/MT5 only
- Crypto CFDs unavailable for UK and EU retail clients
- Retail leverage capped at 1:30 under FCA/CySEC (regulatory constraint, not broker policy)
Verdict
Tickmill reviewed in 2026 stands out as one of the best options for cost-focused forex and CFD traders. The Pro (RAW) account — accessible from just $100 — delivers genuinely competitive all-in costs that rival far larger brokers. Regulation by FCA and CySEC adds credibility and meaningful client protections.
The broker's limitations are real: the instrument range is narrow for multi-asset traders, and the platform choice is restricted to MetaTrader. Tickmill is not the right fit if you want to trade ETFs, stock futures, or prefer a modern proprietary interface.
Final score: 8/10 — Recommended for active forex and CFD traders who prioritize execution quality and low costs.
Trading involves risk of capital loss.
FAQ
1. Is Tickmill regulated? Yes. Tickmill operates under five regulators: FCA (UK), CySEC (Cyprus), FSA (Seychelles), Labuan FSA (Malaysia), and FSCA (South Africa). UK clients are covered by the FCA under license 717270.
2. What is the minimum deposit at Tickmill? The minimum deposit is $100 USD, applicable to the Classic, Pro (RAW), and Islamic account types.
3. What are Tickmill's spreads on EUR/USD? On the Pro (RAW) account, EUR/USD spreads start at 0.0 pip with a commission of $2 per lot per side ($4 round-turn). The Classic account offers a commission-free spread of approximately 1.6 pip.
4. Does Tickmill charge withdrawal fees? No. All withdrawals — via bank transfer, card, Skrill, or Neteller — are free of charge from Tickmill's side.
5. Can I trade crypto at Tickmill? Crypto CFDs (15+ instruments) are available in some jurisdictions, but they are not available to retail clients in the UK or EU, in line with FCA and ESMA rules.
6. Does Tickmill allow scalping and Expert Advisors? Yes. Scalping, hedging, and automated trading via Expert Advisors are all permitted across all account types.
7. What is the leverage available at Tickmill? Retail clients under FCA/CySEC are capped at 1:30 as required by regulation. Eligible professional clients can access leverage up to 1:500.
8. Is there an inactivity fee at Tickmill? No. Tickmill does not charge any inactivity fee.
Article by the Analyse Trading team (@analysetrading) · Updated 01/2026 · view the full broker profile
Disclaimer: Trading involves high risk of capital loss. This article is for informational purposes only and does not constitute investment advice.