Two brokers compete on regulation, cost, and platforms. One centers on raw spreads and MT4/MT5, the other on UK spread betting with a proprietary experience.
Find out which broker best suits your trader profile.
Choose if…
Choose Spreadex if you want UK spread betting with a proprietary platform and TradingView integration.
Choose if…
Choose Tickmill if you want MT4/MT5 access with raw spreads and a $6/lot commission.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.4 / 5 |
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Spreadex | 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 | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
The scores are close: Spreadex rates 4/5 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 Spreadex's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while Tickmill requires at least $100. This makes Spreadex more accessible for traders with limited starting capital.
Both Spreadex 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: Spreadex 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.
Spreadex 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 Spreadex are not currently available. Check their website for up-to-date pricing.
Spreadex supports Proprietary Web/Mobile, TradingView, while Tickmill supports MetaTrader 4, MetaTrader 5. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView. Tickmill has exclusive access to MetaTrader 4 and MetaTrader 5.
Tickmill offers tighter spreads from 0.00 pips vs 0.60 pips for Spreadex, reducing trading costs.
Tickmill benefits from FCA, CySEC, and FSCA oversight, offering broader regulatory coverage.
Tickmill suits active traders with MT4/MT5 and raw spreads.
Tickmill is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Spreadex offers a proprietary platform with TradingView integration.
Spreadex provides the larger instrument universe at 10,000+.
Fees & Spreads 30% weight | 4.2 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5 | 4.1 / 5 |
|---|
| Founded | 1999 | 2014 |
|---|
| Headquarters | St Albans, Hertfordshire, United Kingdom | London, United Kingdom |
|---|
| Min Deposit | No minimum▼ lower | $100 |
|---|
| Spreads From | 0.6 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $6/lot |
|---|
| N/A | 0.6 pips |
| Max Leverage | 30:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA | CySEC FCA FSCA |
|---|
| Platforms | Proprietary Web/Mobile TradingView | MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
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
UK residents only - no international client access
No MT4 or MT5 available
Research tools minimal
Not suitable for traders who need raw ECN execution
No raw spread account option
No MetaTrader support
No 24/5 live chat
Support available in limited languages
Cons
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
Tickmill edges Spreadex on editorial score, thanks to MT4/MT5 access and raw spreads.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Personalised recommendation
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