Reviewed by Jacob Bakshi
Jacob Bakshi
CFD & Options Trading Specialist
Trading CFDs and options has been my playground for years, and I love helping others understand these powerful tools and what makes the financial world tick. My work mostly focuses on giving traders the confidence to make informed decisions with unbiased reviews into platforms that prioritize fair pricing, advanced tools, and reliable execution because In fast-moving markets, every detail matters. I have a background in market analysis and risk management, and I’m always on the lookout for brokers that offer the right tools for serious traders. using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system. The CLEAR™ Score provides you with the most accurate and transparent broker ranking after evaluating all the key factors that are crucial for trading success. .
Last fact check on July 18, 2025 by
Roger Wohlner Roger Wohlner
Financial Journalist
Roger is a financial and business writer who brings a wealth of experience as a financial advisor to his expertly crafted articles. With over 25 years in the financial advisory trenches, he has guided individual clients through complex wealth-building strategies and advised corporate plan sponsors on optimizing 401(k) and pension plans. His work, featured in ThinkAdvisor, Investopedia, Motley Fool, and Time, distills intricate topics like retirement planning, tax optimization, investing and financial advisor best practices into actionable, jargon-free insights. At CleaRank, Roger merges hands-on industry expertise with a passion for dissecting market trends and simplifying complex financial topics.
Tickmill Review 2026
Tickmill is a globally trusted forex and CFD broker with more than a decade of retail experience (founded in 2014) and is regulated across multiple jurisdictions. Its focus is on low-cost trading and institutional-grade execution caters to the full rainbow of retail investors from scalpers to algo traders alike. We put their claims through the ultimate test using our proprietary CLEAR™ methodology, covering everything from safety measures to asset diversity and execution.
CLEAR™ CERTIFIED BROKER: 4.5/5
Why Trade with Tickmill?
The crown of Tickmill’s offering is their Raw Account, which delivers spreads from 0.0 pips and commissions as low as $3.00 per lot, outperforming rivals like IC Markets and XM. During volatile sessions, our Dynamic Spread Tracker recorded EUR/USD spreads averaging 0.1 pips—40% tighter than the industry average. Coupled with 1:500 leverage (non-EU clients), millisecond execution, and zero deposit or withdrawal fees, Tickmill is a scalper’s paradise.
Pros
Cons
Regulation: Is Tickmill Legit?
Tickmill’s regulatory framework is as solid as it gets, anchored by two Tier-1 regulators such as the FCA (UK) and CySEC (Cyprus). Safeguards like segregated client funds and negative balance protection are standard for these types of regulators and are strictly enforced. In addition, UK and EU traders benefit from compensation schemes ranging €20k right up to £85k in the unlikely scenario of things going south for Tickmill. Global traders outside these regions are not privileged to the same regulatory standards and are forced to rely on the Tier-3 FSA Seychelles regulation or other regional regulators such as the DFSA in the UAE or the FSCA in South Africa, none of which are considered top tier. However, this is supported by $1M Lloyd’s insurance which does significantly mitigate risks. Tickmill has also maintained a flawless compliance track record since its launch in 2014 and therefore any jurisdictional regulatory gaps should be viewed in context of its broader history and proactive steps to maintain a secure and optimal trading environment.
Tickmill CLEAR™ Safety Score: Overall 4.6
We break down Tickmill’s safety metrics using the CLEAR™ methodology:
| Category | Rating | Reasoning |
|---|---|---|
| Credibility Factor | 4.6 | Regulated by two Tier 1 regulators such as the FCA (UK) and CySEC (EU). |
| Investor Protections | 4.5 | FCA offers £85k compensation for UK traders. CySEC provides €20k for EU traders. Globally, clients are covered by $1M Lloyd’s insurance. |
| Compliance Track Record | 4.7 | Zero regulatory violations since its inception in 2014. |
| Market Longevity | 4.6 | More than a decade of proven operational stability. |
Regulatory Snapshot
| Regulatory Authority | Legal Entity | License Number | Tier |
|---|---|---|---|
| FCA (UK) | Tickmill UK Ltd | 717270 | Tier 1 |
| CySEC (Cyprus) | Tickmill Europe Ltd | 278/15 | Tier 1 |
| FSA (Seychelles) | Tickmill Ltd | SD008 | Tier 3 |
| DFSA (UAE) | Tickmill UK Ltd (Rep) | F007663 | Tier 2* |
| FSCA (South Africa) | Tickmill South Africa Pty | FSP49464 | Tier 2* |
Tickmill Website Audit: Digital Footprint
As part of our broad investigation we ran a website audit for Tickmill using a reputable tool such as Ahrefs. Based on the observed data, Tickmill demonstrates a strong and steadily improving online presence which supports its credibility as a global broker. It has a respectable Domain Rating (DR) of 74 and over 2.8K referring domains also consistently earning high-authority backlinks, which is a key indicator of trustworthiness in the digital ecosystem. Its website currently drives 41.8K in monthly organic traffic, with noticeable recent gains (+1.7K), indicating growing visibility and user engagement. Traffic is geographically diverse, with top audiences from Malaysia, South Africa, Indonesia, Brazil, and India, suggesting a strong footprint in emerging markets. Their ability to maintain this level of digital authority over time is a reflection of its operational credibility and market relevance.
What We Liked:
What We Didn’t Like:
Commissions, Spreads and Fees: Prioritizing Costs
Tickmill stakes its reputation on competitive pricing as most leading brokers do nowadays, but does it hold up under live market pressure? Using our Dynamic Spread Tracker, we analyzed Tickmill’s costs 24/7 over a 60 day period, including multiple high-impact events like Fed meetings and NFP releases. While Tickmill’s Raw Account delivers institutional-grade pricing, its Standard Account lags behind top rivals.
Raw Account Spreads: Competitive, but Not Number 1
Our testing confirmed Tickmill’s Raw Spread accounts offer 0.0–0.1 pips on EUR/USD, which is narrower than Pepperstone (0.0–0.2 pips) but slightly wider than Fusion Markets’ 0.01 pips. During volatile sessions (e.g., ECB rate decisions), Tickmill’s spreads spiked to 0.4 pips, while Fusion Markets held steady at 0.05 pips.
ECN Forex Spread Comparison (Tracked in Real-Time)
| Broker | EUR/USD | AUD/USD | XAU/USD |
|---|---|---|---|
| Tickmill | 0.0–0.1 | 0.1–0.3 | 0.25–0.50 |
| Pepperstone | 0.0–0.2 | 0.2–0.4 | 0.30–0.70 |
| Fusion Markets | 0.01–0.03 | 0.02–0.08 | 0.15–0.30 |
| Industry Average | 0.1-0.3 | 0.2–0.5 | 0.35–0.70 |
Raw Account Commissions: Good But Not the Most Economical
Tickmill’s Raw Account charges a commission of $3.00 per lot per side, which means you’re out of pocket $6.00 per round turn. This rate is lower than Pepperstone’s Razor account, which charges $3.50 per lot per side ($7.00 round turn) , but higher than Fusion Markets’ Zero account, which charges $2.25 per lot per side ($4.50 round turn). For high-volume traders that are executing more than 100 lots monthly, the difference will be an additional $150 in commissions compared to Fusion Markets in the best case scenario. A precise calculation shows that trading 100 lots would cost $600 with Tickmill, $700 with Pepperstone, and $450 with Fusion Markets.
Standard Account Fees: Good Enough for Casual Traders
Tickmill’s Classic Account offers spreads starting from 1.6 pips for EUR/USD, which is higher than the industry average of 1.2 pips and Fusion Markets’ 0.89 pips. These costs won’t be a major difference for casual traders but professionals and long term investors should choose the Raw Account in order to maintain significantly lower trading costs in the long run.
EUR/USD Spread Comparison (Standard Accounts)
| Broker | EUR/USD Spread |
|---|---|
| Tickmill | 1.6 pips |
| Fusion Markets | 0.89 pips |
| XM | 1.6 pips |
| Industry Average | 1.2 pips |
Payment and Inactivity Fees
There are few things more frustrating than seeing hidden funding fees pop up out of nowhere, that’s why Tickmill keeps it simple with no charges for deposits or withdrawals. They also clearly state their inactivity fee of $10 quarterly which applies only after 12 months of account inactivity—that’s reasonable by any standards.
| Fee Type | Tickmill | Industry Average |
|---|---|---|
| Deposit Fee | $0 | $5 – $20 |
| Withdrawal Fee | $0 | $5 – $20 |
| Inactivity Fee | $10 quaterly after 12 months | $10 – $50 per month |
What We Liked:
What We Didn’t Like:
Funding: Fast, Free, but Limited Currencies
Tickmill offers more than 10 deposit methods, including credit/debit cards, bank transfers, and cryptocurrencies like Bitcoin. During testing our e-wallets and credit card deposits arrived instantly, while bank transfers took 2–5 business days on average, which is slower than competitors like Pepperstone where our bank transfers arrived within 48 hours at most. All deposit methods are free from Tickmill’s side, but deposits made in currencies not matching your account’s base currency are automatically converted and usually incur conversion fees ranging from 0.5% to 1.5%.
Deposit Methods and Processing Times
| Method | Processing Time | Min Deposit | Currencies Accepted | Fees |
|---|---|---|---|---|
| Credit/Debit Card | Instant | $100 | USD, EUR, GBP | $0 |
| Bitcoin | 10–30 Minutes | $100 | USD, EUR | $0 |
| Bank Transfer | 2–5 Business Days | $100 | USD, EUR, GBP, ZAR | $0 |
| Skrill/Neteller | Instant | $100 | USD, EUR, GBP | $0 |
| FasaPay | Instant | $100 | USD, IDR | $0 |
| UnionPay | Instant | $100 | CNY | $0 |
Withdrawal Methods: Mostly Efficient with Minor Caveats
Quick access to funds is a top priority for any trader or investor and Tickmill doesn’t disappoint in that regard. During testing, our withdrawals were processed within one working day across all methods besides bank transfers (3–5 business days average), which is an impressive feat. Also we weren’t charged withdrawal fees by Tickmill—that didn’t mean free cash in hand as we did pay third-party fees.
Withdrawal Methods and Processing Times
| Method | Processing Time | Min Withdrawal | Fees |
|---|---|---|---|
| Credit/Debit Card | 3–5 Business Days | $25 | $0 |
| Bitcoin | Within 1 Working Day | $25 | $0 |
| Bank Transfer | 3–5 Business Days | $25 | $0* |
| Skrill/Neteller | Within 1 Working Day | $25 | $0 |
| FasaPay | Within 1 Working Day | $25 | $0 |
| UnionPay | Within 1 Working Day | $25 | $0 |
Heads up:
What We Liked:
What We Didn’t Like:
Trading Platforms: MetaTrader Centric with Room to Grow
Tickmill’s platform strategy leans heavily on the industry-leading MetaTrader 4 and 5, offering traders the most comprehensive toolkit for manual and automated strategies. During testing, we coded Expert Advisors (EAs), backtested strategies, and scalped EUR/USD with minimal latency—all without hiccups. Back in the day, this would have been the best on offer in the online trading industry, but nowadays it’s simply not enough. Leading competitors’ such as tastyfx and Fusion Markets also offer traders popular platforms such as ProRealTime and cTrader, respectively, beyond reliance on the MetaTrader platforms. In addition, the proprietary tastyfx platform has received numerous awards and is more than a few paces ahead of the proprietary Tickmill Trader platform—leaving a glaring innovation gap.
Tickmill CLEAR™ Trading Platforms Score: Overall 4.3
We dissect their platform performance using the CLEAR™ methodology after rigorous testing:
| CLEAR™ Score | Rating | Reasoning |
|---|---|---|
| Platform Features | 4.1 | MT4/MT5 comprehensive coverage (30+ indicators, EAs). Lacks more leading platform options such as cTrader when compared to competitors. The proprietary platform is decent but also behind in innovation. |
| Execution Speed | 4.5 | Our orders were executed in an impressive 5ms or less via VPS. Also raw spreads did not widen much during NFP news or high impact news. |
| Mobile Experience | 4.0 | MT4/MT5 apps mirror 85% of desktop features but lack Tickmill Trader access which is also limited per jurisdiction. |
| Automation & Tools | 4.4 | Free VPS for high-volume traders, Myfxbook copy trading, and Signal Start. |
Platform Breakdown
MetaTrader 4/5: Reliable but Dated
Tickmill Trader: A Glimpse of Potential
This proprietary web-based platform is only available to clients registered under Tickmill Ltd (Seychelles) – so no access to UK/EU traders and it offers:
Execution Speed: Where Tickmill Shines
Utilizing our proprietary Execution Tracker tool we recorded 3.8ms order speeds on VPS-hosted MT4 during our 60 day testing phase of Tickmill—faster than Pepperstone (4.2ms) and XM (5.1ms). During the Fed rate decision, 98% of our orders were filled with zero slippage.
Mobile Trading: Bare-Bones Efficiency
Tickmill’s mobile trading runs on the classic MetaTrader 4 and 5 apps, which get the job done for basics like opening trades, slapping on RSI or MACD indicators, and setting price alerts—handy if you’re juggling markets on the go minus the bells and whistles. The chart customization feels stripped-down compared to the desktop versions, and UK or EU traders won’t find their in-house Tickmill Trader platform here, which is limited by jurisdiction likely due to different leverage settings. Also social trading through Myfxbook isn’t available on mobile and is strictly a desktop affair. While this mobile setup worked smoothly for quick trades and simple analysis we were left grumbling about the lack of advanced tools or seamless social features. It’s reliable, just not revolutionary.
Automation and Social Trading
Tickmill’s automation and social trading tools get the basics right such as free VPS hosting for high-volume algo traders (more than 10 lots/month) shaves latency down to under 5ms, and integrations with Myfxbook or Signal Start let you mirror strategies, albeit with a clunky 1.1-second average lag. But stack this against eToro’s social trading empire, and the gaps glare. eToro’s CopyTrader executes trades in 0.8 seconds flat, backed by a 30-million-strong community where you can riff off top traders’ moves, join heated live chat debates, or auto-pilot entire portfolios like “Tech ETFs” with a click. Tickmill’s copy trading feels like a stripped-down plugin—functional if you’re already glued to MetaTrader, but lightyears behind the seamless, social-first experience eToro’s built.
Pros
Cons
Customer Support: Fast, Multilingual, but Missing Personal Touch
Tickmill’s support team delivers fast, no-nonsense help—live chat replies in under 2 minutes, emails answered within 4 hours, and phone agents fluent in over 15 languages, including Arabic and Mandarin. During our testing we fired off queries at all hours: fixing a margin call error took 3 minutes via chat, and a VPS setup hiccup was resolved before our coffee went cold. Unfortunately the main drawback is that they don’t offer a dedicated account manager, which makes the whole support experience feel generic (albeit efficient). If you’re looking for white glove support, which is a must for six-figure portfolios, then you’d be better off with a broker that provides a dedicated account manager such as in the case of Fusion Markets.
Tickmill CLEAR™ Support Score: Overall 4.2
We break down their score using our CLEAR™ methodology:
| CLEAR™ Score | Rating | Reasoning |
|---|---|---|
| Availability | 4.6 | 24/5 live chat, email, and phone support across all time zones. |
| Responsiveness | 4.5 | Live chat answered between 1-2 minutes, while email replies took 4 hours on average. |
| Expertise | 4.2 | Solved 72% of issues (e.g., slippage disputes) without escalating. |
| Personalization | 3.3 | Generic but efficient support. They do not offer a dedicated account manager. |
What We Liked:
What We Didn’t Like:
Tradable Assets: Broad for Forex, but Missing Niche Picks
Tickmill’s strength lies in its forex dominance, offering 62 currency pairs—including popular exotics such as USD/ZAR and USD/TRY—with spreads as low as 0.0 pips on Raw Accounts. But venture beyond currencies, and the offerings thin out: stock CFDs lack real ownership, crypto choices are minimal, and niche assets like ETFs or palladium are MIA.
Snapshot of Tickmills’ Product Range
| Asset Class | Offerings |
|---|---|
| Forex CFDs | 62 pairs, including majors, minors, and exotics (e.g., USD/TRY, EUR/PLN, GBP/NZD) |
| Indices CFDs | 20+ global indices, such as S&P 500, DAX 40, Nikkei 225 |
| Commodities | Precious metals and energy commodities, including Gold, Silver, Crude Oil, Natural Gas |
| Cryptos | 12 coins, including Bitcoin, Ethereum, Litecoin, Ripple (XRP), Cardano (ADA), Stellar (XLM), Chainlink (LINK), Solana (SOL), and EOS.IO (EOS) |
| Stock CFDs | 500+ global shares and ETFs, including companies like Apple, Tesla, HSBC |
| Bond CFDs | 4 German government bonds, such as Euro BOBL, Euro Bund, Euro BUXL, and Euro Schatz |
What We Liked:
What We Didn’t Like:
Account Opening: Simple and Fast Onboarding
Tickmill’s account setup is a breath of fresh air for regulated brokers—avoiding the convoluted bureaucratic maze. We signed up during peak Asian market hours, uploaded a passport and electricity bill, and were verified in 53 minutes. That’s impressive onboarding by any means and faster than competitors like Pepperstone and XM, where the account opening took between 3-5 hours. The entire process is digital, mobile-friendly, and requires no paperwork. Just don’t expect to trade from the U.S. or Japan as Tickmill blocks those regions entirely due to regulatory restrictions.
How to Open a Tickmill Account
Opening a Tickmill account took us 20minutes online. Here’s how:
- Click on the green Create Account button in the top right corner of the homepage.
- Select between individual or corporate accounts.
- Provide your full name, email address, and country of residence to create your Client Area. You’ll then be prompted to verify your email.
- Complete your financial info and experience.
- Upload proof of identity (such as a passport or national ID) and proof of address (like a utility bill or bank statement)
- Fund your account by making a minimum deposit of $100 using various available payment methods, including bank transfers, credit/debit cards, or e-wallets
Done! Most users get the green light within an hour. If you get stuck at any phase, contact their 24/5 support and they’ll get you back on track in no time.
What We Liked:
What We Didn’t Like:
Tickmill FAQ
I’m Jacob and I specialize in CFDs, options trading, and market analysis. Over the years, I’ve developed a deep understanding of the risks and rewards that come with trading derivatives and survived enough volatility to know that trading is like skydiving: thrilling, but you’d better trust your parachute (or broker). I use CleaRank’s Methodology to test brokers based on their offerings and ensure traders that visit our site have access to brokers that align perfectly with their trading strategies.