Choose CMC Markets if you want…
Discretionary traders wanting deep instrument coverage and a sophisticated proprietary platform from a publicly-listed UK broker.
We compared CMC Markets and Tickmill across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. CMC Markets wins on more criteria (2 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| CMC Markets | Tickmill | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.5 / 5 | Tie |
| Regulators | FCA, ASIC, BaFin, MAS, FMA NZ, IIROC, MA Poland | FCA, CySEC, FSA Seychelles, FSCA, Labuan FSA | CMC Markets |
| Min. deposit | $0 (no minimum) | $100 | CMC Markets |
| Spreads from | 0.7 pips (Next Generation) | 0.0 pips (Pro / Raw) | Tickmill |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (Professional) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | CMC Next Generation, MT4, CMC Mobile | MT4, MT5, Tickmill Trader | Tie |
| Founded | 1989 | 2014 | — |
| HQ | London, United Kingdom | London, UK / Limassol, Cyprus | — |
Discretionary traders wanting deep instrument coverage and a sophisticated proprietary platform from a publicly-listed UK broker.
Cost-sensitive scalpers and high-volume traders who prioritise the lowest commissions on FX majors.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), CMC Markets wins 2 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
CMC Markets holds licenses from: FCA, ASIC, BaFin, MAS, FMA NZ, IIROC, MA Poland. Tickmill holds licenses from: FCA, CySEC, FSA Seychelles, FSCA, Labuan FSA. CMC Markets has more regulatory licenses, giving it broader geographic coverage.
CMC Markets spreads start from 0.7 pips (Next Generation). Tickmill spreads start from 0.0 pips (Pro / Raw). Actual spreads vary by account type and market conditions.
CMC Markets: $0 (no minimum). Tickmill: $100. CMC Markets has the lower entry barrier.