Regulators
FCA, CySEC, FSA Seychelles, FSCA, Labuan FSA
Min. deposit
$100
Spread from
0.0 pips (Pro / Raw)
Max. leverage
Up to 1:30 (EU retail) / 1:500 (offshore)
Platforms
MT4, MT5, Tickmill Trader
Founded
2014 · London, UK / Limassol, Cyprus
Tickmill review summary
Tickmill is a London/Cyprus-based ECN-style broker founded in 2014 with a singular focus: the lowest total cost per trade on FX majors. Its Pro account commission of $2 per lot per side ($4 round-turn) is the lowest among CySEC/FCA-regulated brokers, beating IC Markets ($3.50/side) and Pepperstone ($3.50/side).
Tickmill is regulated by the FCA (UK), CySEC (EU), FSCA (South Africa), Labuan FSA (Malaysia), and FSA Seychelles. The FCA + CySEC dual-tier-1 structure plus the explicit focus on cost-per-trade makes it one of the most popular brokers among professional and semi-professional FX scalpers in Europe.
The trade-off is scope: Tickmill’s instrument catalogue is narrower than IG, CMC, or IC Markets — about 150 instruments primarily focused on FX, indices, oil/gold/silver, and a small number of stock CFDs and crypto CFDs. For traders who want exotic FX pairs or deep equity CFD coverage, Tickmill is too narrow.
Account types
| Account | Min. deposit | Spreads | Commission |
|---|
| Classic | $100 | From 1.6 pips | None |
| Pro | $100 | From 0.0 pips | $2/lot/side ($4 round-turn) |
| VIP | $50,000 | From 0.0 pips | $1/lot/side ($2 round-turn) |
Regulation
- Tickmill UK Ltd — FCA 717270
- Tickmill Europe Ltd — CySEC 278/15
- Tickmill South Africa (Pty) Ltd — FSCA 49464
- Tickmill Asia Ltd — Labuan FSA MB/18/0028
- Tickmill Ltd — FSA Seychelles SD008
Bottom line
Tickmill scores 4.5/5. The clear cost leader for FCA/CySEC-regulated FX execution. For traders who run thousands of lots per month on majors, the $1.50/lot saving vs. competitors is meaningful.
Tickmill — Frequently Asked Questions
Is Tickmill regulated and safe?
Tickmill is regulated by FCA, CySEC, FSA Seychelles, FSCA, Labuan FSA. Client funds are held in segregated accounts at tier-1 banks and the broker operates under active financial-services licenses. Verify each license number on the regulator's official website before opening an account.
What is the minimum deposit at Tickmill?
The minimum deposit at Tickmill is $100. Most account types accept this minimum; premium tiers may require higher deposits — see the account-types table above.
What are the typical spreads at Tickmill?
Spreads at Tickmill start from 0.0 pips (Pro / Raw). Actual spreads vary by account type, instrument, time of day, and market volatility. Raw/ECN accounts add a per-lot commission on top of the tighter spread.
What trading platforms does Tickmill offer?
Tickmill supports: MT4, MT5, Tickmill Trader. MT4 / MT5 are the industry standards; cTrader is preferred for ECN execution; proprietary platforms offer broker-specific tools but less third-party compatibility.
What is the maximum leverage at Tickmill?
Maximum leverage at Tickmill: Up to 1:30 (EU retail) / 1:500 (offshore). EU retail clients are capped at 1:30 by ESMA rules regardless of broker policy. Professional clients and offshore-entity clients can access higher leverage subject to qualification.
Who is Tickmill best suited for?
Cost-sensitive scalpers and high-volume traders who prioritise the lowest commissions on FX majors.