IC Marketsvs
TickmillForex Broker Comparison
Two brokers with distinct platform ecosystems, pricing, and instrument breadth face off in a cost vs. choice showdown.
Our Verdict
IC Markets winsby 0.4 pts
IC Markets edges Tickmill in editorial score due to broader platform coverage and 2200 instruments. Tickmill remains competitive with lower per-lot commissions and higher leverage.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1IC Markets offers 2200 instruments versus Tickmill's 600.
- 2IC Markets supports cTrader in addition to MT4/MT5; Tickmill does not.
- 3Tickmill's commission is $6/lot versus IC's $7/lot.
Who should choose IC Markets vs Tickmill?
Find out which broker best suits your trader profile.
Choose IC Markets if…
Choose IC Markets if you want MT4, MT5, cTrader and a broad instrument universe.
Choose Tickmill if…
Choose Tickmill if you value low commissions and high leverage.
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 0.00 pips.
Best for safety & regulation
It’s a tie
Both equally suited
IC Markets vs Tickmill: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.7/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.4 / 5 |
IC Markets vs Tickmill Forex Broker Pros & Cons
Pros
True ECN routing with raw 0.0 pip spreads
All three major platforms (MT4, MT5, cTrader)
Deep liquidity from 25+ tier-1 sources
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
IC 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 | IC 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 |
IC Markets vs Tickmill: Frequently Asked Questions
The scores are close: IC Markets rates 4.7/5 and Tickmill rates 4.3/5. IC Markets 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.
Both IC Markets and Tickmill start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Tickmill has $100, while IC Markets requires at least $200. This makes Tickmill more accessible for traders with limited starting capital.
Both IC Markets 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: Tickmill requires a lower minimum deposit ($100), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
IC Markets lists maximum leverage of 500:1, 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, lower than IC Markets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while Tickmill supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. IC Markets has exclusive access to cTrader and TradingView.
