Tickmill Review Of 2025
We found that Tickmill has a choice of 2 accounts and 1 forex trading platform with MetaTrader 4. Interestingly, while they have over 60 currency pairs, the range of markets is limited with 2 metals, 4 bonds, 14 indices but no crypto or shares.

Written by Justin Grossbard
Updated:
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Tickmill Summary
🗺️ Country Regulation | UK, Europe, South Africa, Malaysia, Seychelles |
💰 Trading Fees | Low Spreads |
📊 Trading Platforms | MT4 |
💰 Minimum Deposit | $100 |
💰 Deposit/Withdrawal Fee | $0 |
🛍️ Instruments Offered | Forex, CFDs, Bonds, Metals |
💳 Credit Card Deposit | Yes |
Why Choose Tickmill
We think Tickmill will appeal for traders in the UK in particular. In the UK, the Tickmill has incredibly low commissions along with good spreads when using their RAW account. Interestingly a Futures trading account is also available along with the largest choice of trading platforms of any broker we have seen.
Sadly, these features are not available outside the UK. In other countries, Tickmill is relatively generic, with standard commission cost with their Raw account, wide spreads on Classic account, no Futures account and just the MT4 and MT5 trading platforms.
Tickmill Pros and Cons
- Low fees
- No funding charges
- Easy account opening
- Mediocre newsfeed
- Basic platform functions
The overall rating is based on review by our experts
Trading Fees
Tickmill offers competitive spreads across a range of 62 currency pairs, stock indices, oil, metals, and bonds. The Classic Account offers slightly higher average spreads on the range of currency pairs. Typical spread data from the Pro Account and VIP Account shows an offering of 0.10 pips on the EUR/USD pair.
1. Raw Account Spreads
You can get started with a Pro Account with a minimum deposit of $100. This account offers the best pricing for retail traders, as it has ECN pricing – the most popular among traders because of the low commission rate and tight spreads. Tickmill shows tighter spreads among other brokers especially for the EUR/USD and AUD/USD.
Avg. spreads are taken from each broker's website and updated monthly. Last update on 04/01/2025
0.10
0.10
0.90
0.40
0.50
0.10
0.20
0.50
0.30
0.50
0.06
0.27
0.23
0.49
0.59
0.10
0.20
0.50
0.20
0.71
0.20
0.20
0.50
0.40
N/A
0.30
0.50
0.60
0.50
0.50
0.30
0.40
N/A
0.50
0.50
0.44
0.42
0.50
0.40
0.30
0.17
0.30
N/A
0.54
0.68
0.20
0.40
0.60
0.50
0.70
0.10
0.50
1.10
0.60
0.80
n/a
0.50
0.70
0.60
0.40
0.44
1.23
1.17
1.13
1.23
VIP Account
There is no minimum deposit required for the VIP Account, however, you will require a minimum account balance of $50,000 to trade. This makes this trading account more suitable for experienced traders. When compared with the average broker, Tickmill has indeed lower spreads.
Raw Account Spreads | Tickmill | Average Spread |
---|---|---|
Overall | 0.5 | 0.72 |
EUR/USD | 0.1 | 0.28 |
USD/JPY | 0.1 | 0.44 |
GBP/USD | 0.3 | 0.54 |
AUD/USD | 0.1 | 0.45 |
USD/CAD | 0.2 | 0.61 |
EUR/GBP | 0.4 | 0.55 |
EUR/JPY | 0.5 | 0.74 |
AUD/JPY | 0.9 | 0.93 |
USD/SGD | 0.9 | 1.97 |
2. Raw Account Commission Rate
The following table compares the average spreads across a range of commission-based account types, including the Pro Account and VIP Account from Tickmill. The Pro Account offers low spreads from 0.0 pips EUR/USD and charges commission fees of $2.00 per side ($4 round-turn) per lot. VIP Spreads start from 0.0 pips, and the commission fees are only $1.00 per side.
Commission Fee | USD | AUD | GBP | EUR |
---|---|---|---|---|
Tickmill Commission Rate | $3.00 | N/A | £2.00 | €2.00 |
Industry Average Rate | $3.44 | $3.32 | £2.44 | €2.91 |
3. Standard Account Fees
The following table displays average spreads from non-commission accounts with the Classic Account from Tickmill. The Classic Account is more suitable for beginner traders with little experience. Spreads start from 1.6 pips – which can be quite higher than the average.
Standard Acount Spreads | EUR/USD | USD/JPY | GBP/USD | AUD/USD | USD/CAD | EUR/GBP | EUR/JPY | AUD/JPY |
---|---|---|---|---|---|---|---|---|
Tickmill Average Spread | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.9 |
Industry Average Spread | 1.2 | 1.4 | 1.6 | 1.5 | 1.8 | 1.5 | 1.9 | 2.1 |
4. Swap-Free Account Fees
Tickmill also offers Islamic Accounts for traders of the Muslim faith. You can select from a Pro Account, Classic Account, or VIP Account and convert it to an Islamic Account. Trading conditions remain the same as with the other trading accounts, along with compliance with Sharia law.
5. Other Fees
The only other fee to look out for is the withdrawal fee which is $5. There are no fees for deposits or inactivity.
Verdict on Tickmill Fees
Based on our tests, Tickmill showcases tight spreads on their raw and standard accounts.
Trading Platforms
Tickmill only allows you to trade using the most popular trading platform: MetaTrader 4. Despite the minimal selection of trading platforms, MetaTrader 4 is the most commonly used system and provides a range of features to help you trade the financial markets.
Trading Platform | Available With Tickmill |
---|---|
MetaTrader 4 | Yes |
MetaTrader 5 | Yes |
cTrader | No |
TradingView | No |
Proprietary Platform | Yes |
The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.
MetaTrader 4
MetaTrader 4 is the first and most popular trading platform developed by MetaQuotes Software. MetaTrader 4 is user-friendly, customisable, and designed to let you trade with ease on desktop or mobile trading (including iOS and Android). This platform is the favourite among many forex traders around the world because of its sophisticated level of trading analysis tools, customisable interface, charting functionality, and access to Expert Advisors through the accompanied MetaTrader marketplace.
Along with the advanced trading conditions from Tickmill, you can enjoy many features from using the MetaTrader 4 trading platform:
- Fast order execution on a range of CFDs including forex, stock indices, commodities, and bonds
- Expert Advisor trading facilities and advanced trading signals (run on Tickmill VPS) suitable for scalping
- Provision of fundamental and technical analysis tools including over 50 indicators and customisable charting
MetaTrader 4 WebTrader
The MetaTrader 4 WebTrader platform allows you to access the markets online directly through your web browser. The WebTrader trading platform through Tickmill makes trading more accessible as the MetaTrader system is available directly in your browser. Equipped with all the same functions as the original, the WebTrader version has enhanced security with data encryption. However, the trade execution time is a little more lagged.
The MetaTrader 4 WebTrader trading platform offers:
- Access to one-click trading through all modern browsers
- Real-time quotes on customisable price charts
- Over 30 indicators to use across 9 different time frames
- Trading history and encrypted data transmission
Myfxbook Copy Trading
If you prefer to copy the trades of other successful traders, then Myfxbook is available within your MetaTrader 4 trading account.
Myfxbook works by providing you with tools to find and follow other traders in their social network. You can then use filters that will allow you to replicate their trades within the conditions you set. Social trading is popular for those that don’t have the experience or time to invest in trading themselves, instead, you can leave the work to other traders.
Third-Party Tools
Tickmill clients can access the third-party technical analysis tool Autochartist. This is one of the most comprehensive forex trading tools that can add some value to your trading. Autochartist uses advanced technology to analyse past market trends and identify real-time trading opportunities across a wide selection of CFD instruments.
Some of the best tools included in the Autochartist market analysis pack include:
- Automated trade alerts
- Volatility analysis for SL and TP optimisation
- Fibonacci patterns
- Market reports delivered 3 times per day
- Historical performance statistics
- The key support and resistance levels
- Customizable searches to only get the data you need
Autochartist is offered free of charge to all Tickmill live account holders. This tool is offered as an MT4 plugin as well as a standalone web application.
Is TickMill Safe?
Tickmill has a trust score of 59, according to the broker’s regulation, reputation, and reviews.

Regulation
Tickmill has regulation in several countries including:
- Tickmill UK Ltd: Financial Conduct Authority (FCA) for the UK (Register Number 717270)
- Tickmill Ltd: Seychelles Financial Services Authority (FSA) for Seychelles (Licence Number SD008)
- Tickmill Europe Ltd: Cyprus Securities and Exchange Commission (CySEC) for Cyprus (Licence Number 278/15)
- Tickmill Asia Ltd: Labuan Financial Services Authority (LFSA) for Labuan (Licence Number MB/18/0028)
- Tickmill South Africa (Pty) Ltd: Financial Sector Conduct Authority (FSCA) for South Africa (Licence Number FSP 49464)
Tickmill Asia applies for clients in Malaysia, all clients outside Tickmill subsidiaries that have FCA, CySEC, LFSA and FSCA regulation will have FSA regulation. While Tickmill policies for FSA will be in line with other regulators, you need to remember that FSA is an offshore regulator. So if you have any complaints, you may not have the protection you need to settle disputes in case of scams.
If you are Australian or from Dubai, then you may note that Tickmill does not have ASIC or DFSA regulation. We don’t advise using regulators outside your country. So Tickmill may not be a suitable broker for your situation.
Tickmill Safety | Regulator |
---|---|
Tier-1 | CySEC FCA |
Tier-2 | DFSA |
Tier-3 | FSA-S LFSA FSCA |
Risk Management Features
If an account falls below a zero balance, Tickmill will cover the debt by providing Negative Balance Protection. This means that Tickmill will cover any losses below a zero balance on your account in the event of trading losses or excessive slippage. The forex broker also uses a risk department to monitor traders’ risk appetite and may notify the client of excessive risk-taking or even reduce the leverage.
Tickmill provides a degree of risk management to improving trading conditions. The range of educational resources and research-based features helps you to improve your trading ability on a demo account before testing your skills with a live account. These tools are a form of risk management as they ensure you understand the nature of trading before getting started.
Furthermore, Tickmill allows the maximum leverage depending on the relevant regulatory entity. For retail clients trading forex, leverage is capped at 1:30 whereas professional clients can access leverage up to 1:500. Tickmill also provides a simple and transparent calculation of the required margin for clients to visualise the risk of trades.
Reputation
Tickmill has been in the industry since 2014, with headquarters in London, UK. Their popularity seems low, having only 49,500 monthly hits on Google.
Reviews
Tickmill has a score of 3.8 out of 5 on TrustPilot from 492 reviews as of this writing.
How Popular Is Tickmill?
There are 49,500 monthly searches for Tickmill each month on Google, making it the 26th most popular Forex Broker. Similarweb in February 2024 shows a similar story with the broker the 26th most visited, receiving 614,000 global visits.
Country | 2024 Monthly Searches |
---|---|
Malaysia | 4,400 |
Brazil | 3,600 |
South Africa | 3,600 |
India | 2,900 |
Thailand | 2,400 |
Vietnam | 1,900 |
United States | 1,600 |
Colombia | 1,600 |
Argentina | 1,600 |
Turkey | 1,600 |
Nigeria | 1,300 |
Indonesia | 1,300 |
United Kingdom | 1,000 |
Egypt | 1,000 |
Germany | 880 |
Philippines | 880 |
Bangladesh | 880 |
Algeria | 880 |
Peru | 720 |
United Arab Emirates | 720 |
Poland | 720 |
Tanzania | 720 |
Mexico | 590 |
Singapore | 590 |
Spain | 590 |
Pakistan | 590 |
Italy | 590 |
Morocco | 480 |
Cyprus | 480 |
Hong Kong | 320 |
Saudi Arabia | 320 |
France | 320 |
Dominican Republic | 320 |
Uzbekistan | 320 |
Canada | 260 |
Japan | 260 |
Chile | 260 |
Netherlands | 260 |
Ecuador | 260 |
Uganda | 260 |
Taiwan | 210 |
Australia | 210 |
Venezuela | 210 |
Portugal | 170 |
Sri Lanka | 170 |
Switzerland | 140 |
Kenya | 140 |
Jordan | 140 |
Bolivia | 140 |
Botswana | 140 |
Sweden | 110 |
Ghana | 110 |
Ethiopia | 110 |
Austria | 90 |
Costa Rica | 70 |
New Zealand | 70 |
Cambodia | 50 |
Greece | 50 |
Ireland | 40 |
Panama | 30 |
Mongolia | 30 |
Mauritius | 10 |
2024 Average Monthly Branded Searches By Country
![]() |
4,400
1st
|
![]() |
3,600
2nd
|
![]() |
3,600
3rd
|
![]() |
2,900
4th
|
![]() |
2,400
5th
|
![]() |
1,900
6th
|
![]() |
1,600
7th
|
![]() |
1,600
8th
|
![]() |
1,600
9th
|
![]() |
1,600
10th
|
Deposit and Withdrawal
What is the minimum deposit at Tickmill?
The minimum deposit requirement at Tickmill is $100. To open an account with Tickmill, you will require a minimum deposit of $100. To access a VIP Account, your balance will need to be $50,000 to open your position.
Account Base Currencies
Tickmill accepts 4 different deposit currencies EUR, GBP, USD and PLN. Deposits made in unsupported currencies will be converted incurring a conversion fee to the previously mentioned currencies.
Deposit Options and Fees
Tickmill has a Zero Fees Policy for deposits and withdrawals. This means there are no costs from the brokers’ end for using when transferring funds. If your wire transfer and your deposit are greater than $5000, Tickmill will refund any fees up to $100 if you can provide a bank statement.
Withdrawal Options and Fees
Tickmill offers a range of deposit and withdrawal methods, and there is a minimum withdrawal requirement of $25. Fund transfer will be instant or up to 1 working day:
- Bank Transfer
- Visa and MasterCard
- Skrill
- Neteller
- DotPay
- PaySafeCard
- Sofort
- Rapid Transfer
- PayPal
- UnionPay
- FasaPay
- Qiwi
Tickmill doesn’t have any official inactivity fees however Tickmill may apply charges if they believe you are not actively using your account.
Product Range
A range of trading instruments including forex, stocks indices and oil, precious metals, and bonds are available.
CFDs
Tickmill does lack some diversity in the CFDs on offer. For example, you cannot trade popular CFDs such as cryptocurrencies, Stocks, ETFs or soft commodities (such as crops and livestock) through Tickmill. This can limit your ability to spread your risk through investment diversity.
Forex
The forex market is the most popular financial market because of its volatile price movements and 24/5 availability for trading. When trading forex, you are simultaneously buying and selling currencies for profit. Tickmill offers you access to over 60 currency pairs, allowing you to trade popular currencies such as USD, EUR, and GBP. Spreads start from 0.0 pips, and the average trade execution speed is 0.20 seconds.
At Tickmill, trading minor and exotic forex pairs are also available with no requotes and an ultra-fast execution speed of 20ms.
Stock Indices And Oil
Stock indices allow you to track a group of stocks to buy and sell them as an aggregate, rather than picking single stocks. Where stocks show the performance of a company, stock indices are useful to determine the economic health of sectors, industries, or countries. Tickmill offers 14 stock indices with no commission fees.
Trading WTI oil serves a similar purpose. Variations of oil are available to trade as an amassed average across sectors. Speculating on the price of oil enables you to trade on highs or lows, as you would any other asset.
Trading oil serves a similar purpose. Variations of oil are available to trade as an amassed average across sectors. Speculating on the price of oil enables you to trade on highs or lows, as you would any other asset.
Precious Metals
Gold and silver metal commodities against the USD are available through Tickmill. These trading instruments are relatively uniform across the world and are typically safer assets during periods of market uncertainty. With the MetaTrader 4 trading platform, you can trade gold and silver from 0.0 pips spreads, no commissions, and an average trade execution speed of 0.20 seconds. Much like the forex market, you can trade precious metals 24/5.
The Tickmill range of precious metals is small. Other popular metals such as copper, palladium, platinum are not available.
Bonds
Tickmill offers 4 types of government bonds (also known as treasury CFDs) which are agreements between borrowers and lenders that you can trade over the counter. These bonds are futures (cash) contracts. Tickmill provides access to German bonds from 0.0 pips spread and no commissions.
Customer Service
Hours Of Support
Tickmill provides extensive trading services and customer support with the head office in London, United Kingdom. You can contact the CFD broker through the client support number or office number from 7:00 to 16:00 GMT Monday to Friday. Tickmill also provides a support email with a response time within 24 hours on business days. A LiveChat is also available through their website tickmill.com, one can choose from 14 different languages.
Education And Research
Tickmill provides a range of educational resources to help you improve your trading experience with Tickmill. some of these tools are available for download and some require registration. These tools can help you improve your trading strategies.
Education tools include:
- eBooks – Topics include Introduction to Fibonacci Analysis, Know your trading costs, Risk management, Trading forex
- Videos – Forex Trading, Market Analysis, Trading Psychology, Trading Strategies, Social Trading, Stocks, MT4
- Webinars – Hosted by forex experts, these webinars are in a range of languages including English, German, Polish, Portuguese, and Turkish
- Infographics – These are visual graphics that visualise data, charts and statistics on trading topics
Final Verdict on Tickmill
With a choice of a Classic account which is commission-free and ECN pricing accounts all of which allow hedging, scalping and EAs, Tickmill is a suitable forex broker for traders of all levels of experience. The $2 commission per lot to open your position is some of the best in the market. However, Tickmill has a few weaknesses. The broker only offers the MetaTrader 4 trading platform, which many consider the gold standard for trading platforms however it would be nice to have another trading platform to choose from. Tickmill also limits the range of CFDs you can choose from. Overall, Tickmill is one of the better brokers, but Pepperstone and IC Markets exceeded their score in our reviews. See our Pepperstone vs Tickmill comparison for more information.
Compare Tickmill Competitors
Justin Grossbard
Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. He has also published a book in 2023 on on investing and trading.
Ask an Expert
Does tickmill accept USDT?
Yes, you can deposit in USDT along with BTC and ETH