FXOpen vs Tickmill Forex Broker Comparison
A head-to-head comparison of FXOpen and Tickmill across regulation, trading costs, platforms, and editorial scoring.
Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective 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
Too close to call0.1 pts apart
FXOpen and Tickmill are extremely closely matched with scores of 4.2/5 and 4.3/5. The right choice depends on your individual trading priorities.
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 beginners
Recommended
Tickmill edges out FXOpen with a higher editorial score (4.3/5 vs 4.2/5), indicating a stronger overall experience for new traders.
FXOpen vs Tickmill: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.4 / 5 |
Fees & Spreads 30% weight | 4.8 / 5▲ | 4.5 / 5 |
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.0 / 5 |
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
| Founded | 2003 | 2014 |
| Headquarters | London, United Kingdom | London, United Kingdom |
| Min deposit | $100 | $100 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $3/lot | $6/lot |
| Max leverage | 500:1 | 1000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CySEC | FCA FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit FXOpen | Visit Tickmill |
FXOpen vs Tickmill Forex Broker Pros & Cons
Pros
FCA, CySEC, and ASIC triple regulation
$3 round-turn ECN commission - one of the lowest in retail forex
Early cTrader adopter with mature integration
MT4, MT5, and cTrader all available
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
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
$100 minimum deposit on ECN accounts
Less brand recognition than larger competitors
Customer support coverage narrower than global tier-1 brokers
No proprietary platform
No phone support
Cons
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
FXOpen vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
FXOpen
criteria wins
1
Tickmill
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FXOpen | 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 | Fail | Pass |
| Multilingual support | Pass | Pass |
FXOpen vs Tickmill: Frequently Asked Questions
Based on our independent editorial scoring, Tickmill ranks higher with a score of 4.3/5 vs 4.2/5 for FXOpen. The best choice still depends on your individual trading needs; FXOpen and Tickmill may each suit different trader profiles.
Both FXOpen 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 FXOpen and Tickmill require a minimum deposit of $100 to open a live trading account.
Both FXOpen 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.
FXOpen 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.
FXOpen charges $3 per lot, lower than Tickmill's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
FXOpen supports MetaTrader 4, MetaTrader 5, cTrader and Tickmill offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; FXOpen exclusively offers cTrader.
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Score 4.2 / 5
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