FXTM vs Tickmill Forex Broker Comparison
A head-to-head comparison of FXTM and Tickmill across regulation, trading costs, platforms, and editorial scoring.
CySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time 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
FXTM 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
Recommended
Tickmill offers tighter spreads from 0 pips vs 1.5 pips for FXTM, reducing trading costs.
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 FXTM with a higher editorial score (4.3/5 vs 4.2/5), indicating a stronger overall experience for new traders.
FXTM 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 | 4.2 / 5 | 4.4 / 5▲ |
Fees & Spreads 30% weight | 3.9 / 5 | 4.5 / 5▲ |
Platforms & Tools 20% weight | 4.0 / 5 | 4.0 / 5 |
Customer Support 10% weight | 4.3 / 5▲ | 4.1 / 5 |
| Founded | 2011 | 2014 |
| Headquarters | Limassol, Cyprus | London, United Kingdom |
| Min deposit | $10 | $100 |
| Spreads from | 1.5 pips | 0 pips |
| Commission / lot | N/A | $6/lot |
| Max leverage | 1000:1 | 1000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC FSC | FCA FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit FXTM | Visit Tickmill |
FXTM vs Tickmill Forex Broker Pros & Cons
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education - webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
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
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
No proprietary platform
Limited charting capabilities
Cons
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
FXTM vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
FXTM
criteria wins
1
Tickmill
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FXTM | 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 | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FXTM 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 FXTM. The best choice still depends on your individual trading needs; FXTM and Tickmill may each suit different trader profiles.
Tickmill offers tighter spreads starting from 0 pips, compared to FXTM's spreads from 1.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
FXTM has a lower minimum deposit of $10, while Tickmill requires at least $100. This makes FXTM more accessible for traders with limited starting capital.
Both FXTM 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: FXTM has a lower minimum deposit ($10), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
FXTM offers maximum leverage of 1000:1, 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.
Tickmill charges $6 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
FXTM supports MetaTrader 4, MetaTrader 5 and Tickmill offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5.
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Score 4.2 / 5
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