FP Markets vs Tickmill Forex Broker Comparison
A head-to-head comparison of FP Markets and Tickmill across regulation, trading costs, platforms, and editorial scoring.
Score 4.5 / 5
4 bonusesTrue ECN pricing, all three major platforms, strong ASIC regulation, and IRESS integration for share CFDs - a complete package for active traders.
VS
Among the lowest commissions available at $6 round-turn on Pro accounts, with strong FCA, CySEC, and FSCA regulation and transparent execution.
Our Verdict
FP Markets winsby 0.2 pts
FP Markets edges ahead with a score of 4.5/5 vs Tickmill's 4.3/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It's a tie
Both equally suited
Both brokers offer spreads from 0 pips.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for platform choice
Recommended
FP Markets offers more exclusive platform options: cTrader, TradingView, IRESS.
Best for beginners
Recommended
FP Markets edges out Tickmill with a higher editorial score (4.5/5 vs 4.3/5), indicating a stronger overall experience for new traders.
FP Markets vs Tickmill: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.4 / 5 |
Fees & Spreads 30% weight | 4.5 / 5 | 4.5 / 5 |
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.0 / 5 |
Customer Support 10% weight | 4.3 / 5▲ | 4.1 / 5 |
| Founded | 2005 | 2014 |
| Headquarters | Sydney, Australia | London, United Kingdom |
| Min deposit | $100 | $100 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | $6/lot |
| Max leverage | 500:1 | 1000:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC CySEC | FCA FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView IRESS | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit FP Markets | Visit Tickmill |
FP Markets vs Tickmill Forex Broker Pros & Cons
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader - all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Industry-low commission of $6 round-turn on Pro account
Strong FCA, CySEC, and FSCA regulatory coverage
No dealing desk on Pro and Raw accounts
Negative balance protection for retail clients
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
IRESS platform has a monthly fee for lower-volume traders
Customer support primarily oriented toward Australian trading hours
Not available to US residents
No proprietary platform
Cons
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
FP Markets vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | Tickmill |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FP Markets vs Tickmill: Frequently Asked Questions
Based on our independent editorial scoring, FP Markets ranks higher with a score of 4.5/5 vs 4.3/5 for Tickmill. The best choice still depends on your individual trading needs; FP Markets and Tickmill may each suit different trader profiles.
Both FP Markets and Tickmill offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Both FP Markets and Tickmill require a minimum deposit of $100 to open a live trading account.
Both FP Markets and Tickmill hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
FP Markets offers maximum leverage of 500:1, while Tickmill offers up to 1000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Both FP Markets and Tickmill charge the same commission of $6 per lot on applicable accounts.
FP Markets supports MetaTrader 4, MetaTrader 5, cTrader, TradingView, IRESS and Tickmill offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; FP Markets exclusively offers cTrader, TradingView, IRESS.
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Score 4.3 / 5
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