FXCM and Tickmill square off on regulation, costs, and platforms, highlighting contrasting strengths. The outcome hinges on what traders value most: pricing clarity versus platform variety.
Tickmill edges FXCM on editorial score due to broader regulatory coverage, lower commissions, and raw spread access.
Find out which broker best suits your trader profile.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Tickmill offers tighter spreads from 0.00 pips vs 0.40 pips for FXCM, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.4 / 5▲ |
Pros
Strong APIs (REST, FIX)
Trading Station + MT4
FCA regulated
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FXCM | 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 | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | 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 |
The scores are close: FXCM rates 4.1/5 and Tickmill rates 4.3/5. Tickmill has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Tickmill starts from 0 pips, tighter than FXCM's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXCM has $50, while Tickmill requires at least $100. This makes FXCM more accessible for traders with limited starting capital.
Both FXCM and Tickmill hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: FXCM requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXCM lists maximum leverage of 400:1, while Tickmill lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Tickmill charges $6 per lot on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing.
FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader, while Tickmill supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader. Tickmill has exclusive access to MetaTrader 5.
Tickmill wins for safety & regulation due to FCA, CySEC, and FSCA oversight.
Tickmill wins for active traders thanks to many instruments, competitive commission, and no inactivity fee.
Tickmill is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
FXCM wins for platform choice with a proprietary Trading Station alongside MT4 and NinjaTrader.
FXCM wins for beginners due to its lower minimum deposit and accessible platform mix.
Tickmill wins for instrument variety with more instruments than FXCM.
Fees & Spreads 30% weight | 4.2 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.2 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
|---|
| Founded | 1999 | 2014 |
|---|
| Headquarters | London, United Kingdom | London, United Kingdom |
|---|
| Min Deposit | $50▼ lower | $100 |
|---|
| Spreads From | 0.4 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $6/lot |
|---|
| N/A | 0.6 pips |
| Max Leverage | 400:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | $50/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrill | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrill | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free for first per month | Free |
|---|
| Regulators | FCA ASIC | FCA FSCA CySEC |
|---|
| Platforms | ZuluTrade Proprietary Web/Mobile MetaTrader 4 NinjaTrader | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform 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
Withdrew from US market in 2017
No raw spread account option
Inactivity fee applies
Cons
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker