IC Markets
Tickmill

Regulations and Licenses

Feature
IC Markets
Tickmill
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
DFSA (Dubai)
FSA (Seychelles)
SCB (Bahamas)

Brokerage

Feature
IC Markets
Tickmill
EUR/USD Avg. Raw Spread
0.02
0.1
GBP/USD Avg. Raw Spread
0.23
0.3
AUD/USD Avg. Raw Spread
0.17
0.1
EUR/USD Standard Spread
0.62
1.6
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
0.83
1.6
AUD/USD Avg. Standard Spread
0.77
1.6
Commissions (USD Base)
$3.50
$2.00
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
15+
14+
No Funding Fees

Markets and Instruments

Feature
IC Markets
Tickmill
Currency Pairs
61+
60+
Cryptocurrency CFDs*
18+
-
Index CFDs
16+
17+
Share CFDs
100+
-
Commodities CFD
26+
5+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max Leverage (Australia)
500:1
-
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
500:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
500:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
IC Markets
Tickmill
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
France only
Demo Account

Overall

IC Markets
Tickmill
Our Rating
850
640
 

How Do Tickmill Vs IC Markets Compare?

Our comprehensive comparison covers the 10 most crucial trading factors. Here are five notable differences between IC Markets and Tickmill:

  • IC Markets offers a broader range of trading instruments, including more cryptocurrencies.
  • Tickmill’s customer support may be less responsive compared to IC Markets.
  • IC Markets boasts lower spreads on major currency pairs than Tickmill.
  • Tickmill offers a more straightforward account registration process for traders.
  • IC Markets provides a dedicated Islamic account option catering to Sharia-compliant traders.