IGvs
TickmillForex Broker Comparison
IG and Tickmill face off on regulation, costs, and platforms. The tension lies between broad market access and a proprietary platform versus lower commissions and MT4/MT5 parity.
Our Verdict
IG winsby 0.5 pts
IG leads overall on editorial score and market breadth, edging Tickmill. Tickmill remains competitive on low commissions and MT4/MT5 access.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Proprietary platform with ProRealTime charts and DMA routing
- 2IG offers 19,000+ markets versus Tickmill's 600
- 3Tickmill has no inactivity fee; IG imposes £12/month after 24 months
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 0.00 pips vs 0.60 pips for IG, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
IG vs Tickmill: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.8/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 5.0 / 5▲ | 4.4 / 5 |
IG vs Tickmill Forex Broker Pros & Cons
Pros
LSE-listed with FCA and ASIC regulation, among the most credible regulatory stacks in retail CFDs
19,000+ markets including weekend crypto, volatility indices, and EM pairs, real breadth, not a padded count
Proprietary platform with ProRealTime charts, Reuters news, and DMA equity routing built in
Spread betting available for UK clients, tax-free gains on the same account used for CFD trading
No minimum deposit and no deposit or withdrawal fee on standard methods
IG vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
IG
criteria win
2
Tickmill
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | IG | 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 |
IG vs Tickmill: Frequently Asked Questions
IG rates 4.8/5 versus 4.3/5 for Tickmill. IG edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Tickmill starts from 0 pips, tighter than IG's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
IG has no minimum deposit, while Tickmill requires at least $100. This makes IG more accessible for traders with limited starting capital.
Both IG 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: IG has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
IG lists maximum leverage of 30:1, 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 IG are not currently available. Check their website for up-to-date pricing.
IG supports ProRealTime, Proprietary Web/Mobile, TradingView, MetaTrader 4, while Tickmill supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. IG has exclusive access to ProRealTime and Proprietary Web/Mobile and TradingView. Tickmill has exclusive access to MetaTrader 5.
