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Tickmill Review 2026
Tickmill is a low-cost ECN broker that excels in raw spread pricing and fast execution, making it particularly attractive for scalpers.
Score Breakdown
Tickmill Review 2026
Tickmill scores 80.3 out of 100 and positions itself squarely as a low-cost ECN broker for active traders. Raw spreads from 0.0 pips, a $6/lot round-turn commission (among the lowest available), and no inactivity fees make it attractive for scalpers and day traders. The trade-off is a limited instrument range (~600) and a relatively young brand (founded 2014). For traders who care about cost above all else, Tickmill punches above its weight.
Overall Score: 80.3 / 100
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Tickmill at a Glance
| Detail | Value | |--------|-------| | Founded | 2014 | | Headquarters | London, United Kingdom | | Top Regulators | FCA, CySEC, DFSA, FSCA | | Min. Deposit | $100 | | EUR/USD Avg. Spread | 0.10 pips (Raw) | | Commission (Raw) | $6 per lot round-turn | | Max Leverage (Retail) | 1:30 (EU/UK), 1:1000 (offshore) | | Platforms | MT4, MT5, TradingView, Tickmill Trader | | Instruments | ~600 | | Inactivity Fee | None |
Score Breakdown
| Category | Score | Weight | |----------|-------|--------| | Regulation & Trust | 82 / 100 | 25% | | Trading Costs | 90 / 100 | 20% | | Platforms & Tools | 75 / 100 | 15% | | Account Conditions | 78 / 100 | 10% | | Deposit & Withdrawal | 85 / 100 | 10% | | Customer Support | 75 / 100 | 10% | | Education & Research | 68 / 100 | 10% | | Overall | 80.3 / 100 | |
Trading Costs at 90 is the standout. Tickmill's Raw account combines 0.10 pip average spreads with a $6/lot commission, making it one of the cheapest brokers to trade with. Platforms at 75 is lower because cTrader isn't available, and the TradingView commission is slightly higher ($7/lot).
Regulation & Safety
| Regulator | Tier | License | Entity | |-----------|------|---------|--------| | FCA (UK) | Tier 1 | 717270 | Tickmill UK Ltd | | CySEC (Cyprus) | Tier 2 | 278/15 | Tickmill Europe Ltd | | DFSA (Dubai) | Tier 2 | F007663 | Tickmill Ltd (DIFC Branch) | | FSCA (South Africa) | Tier 2 | 49464 | Tickmill South Africa (Pty) Ltd | | FSA Seychelles | Tier 3 | SD008 | Tickmill Ltd |
FCA as the Tier 1 anchor, supported by CySEC and DFSA. The Seychelles entity offers higher leverage (up to 1:1000) for international clients. Negative balance protection, segregated funds, and investor compensation (up to EUR 20,000 for CySEC clients) are provided.
Founded in 2014, Tickmill is younger than most competitors. That's reflected in the regulation score, but 12 years of clean operation with FCA licensing is still meaningful.
Trading Costs
Spreads
| Pair | Raw Avg. | Classic Avg. | |------|---------|--------------| | EUR/USD | 0.10 pips | 1.60 pips | | GBP/USD | 0.50 pips | 2.00 pips | | USD/JPY | 0.30 pips | 1.60 pips |
Raw spreads compete directly with IC Markets, Pepperstone, and FP Markets. The Classic account spreads are wide (1.60 pips EUR/USD) and only make sense for traders who strongly prefer no-commission pricing.
Commissions
- Classic: $0 per lot
- Raw: $6 per lot round-turn ($3 per side)
- TradingView Raw: $7 per lot round-turn
The $6/lot on the Raw account matches FP Markets as the cheapest in our review, $1 less than IC Markets (MT4/MT5) and Pepperstone at $7.
Other Fees
- Inactivity fee: None
- Deposit fees: Free
- Withdrawal fees: Free
Zero inactivity, zero deposit fees, zero withdrawal fees. The cleanest fee structure among the brokers we review.
Account Types
| Feature | Classic | Raw | TradingView Raw | |---------|---------|-----|-----------------| | Min. Deposit | $100 | $100 | $100 | | Spread From | 1.60 pips | 0.00 pips | 0.00 pips | | Commission/Lot | $0 | $6.00 | $7.00 | | Max Leverage | 1:1000* | 1:1000* | 1:1000* |
*1:30 under FCA/CySEC for retail clients, up to 1:1000 on Seychelles entity.
Demo accounts, Islamic accounts, and micro lots available.
Trading Platforms & Tools
Tickmill offers MT4, MT5, TradingView, and its proprietary Tickmill Trader.
MT4 and MT5 are the core platforms, with standard implementations. No cTrader. TradingView integration is available but costs an extra $1/lot in commission compared to the standard Raw account.
Tickmill Trader is a newer proprietary platform aimed at simplifying the trading experience.
API trading and VPS hosting are available. Copy trading through Pelican Trading integration.
The instrument range is the main limitation: around 600 instruments, with 62 forex pairs. That's adequate for forex traders but pale compared to IC Markets (2,250+), CMC Markets (12,000+), or IG (17,000+).
Pros & Cons
Pros:
- Ultra-low raw spreads from 0.0 pips (0.10 avg EUR/USD)
- $6/lot commission on Raw account (among the cheapest)
- No inactivity fees
- No deposit or withdrawal fees
- FCA and CySEC regulated
- Fast execution speeds
- VPS hosting available
Cons:
- Limited instrument range (~600)
- Relatively new brand (founded 2014)
- No cTrader
- Education resources below average
- TradingView integration costs extra ($7 vs $6/lot)
- $100 minimum deposit
Final Verdict
Tickmill does one thing really well: low-cost ECN trading. If your priority is paying the absolute minimum in spreads and commissions, Tickmill's Raw account at $6/lot is the cheapest raw spread option in our review (tied with FP Markets). And the zero-fee approach to inactivity, deposits, and withdrawals means no surprise charges.
The limitations are market access and education. 600 instruments won't satisfy multi-asset traders, and beginners won't find much learning support. But for forex-focused scalpers and day traders who already know what they're doing, Tickmill offers excellent value.
It ranks #5 for low spread brokers and #3 for scalping.
Compare Tickmill with other brokers | See our scalping broker rankings
Frequently Asked Questions
Is Tickmill good for scalping? Yes. Tickmill ranks #3 in our scalping broker rankings thanks to tight raw spreads, low commissions ($6/lot), and no restrictions on scalping strategies.
What are Tickmill's commissions? $6 per lot round-turn on the Raw account ($3 per side), $7/lot on TradingView Raw, and $0 on the Classic account.
Does Tickmill charge inactivity fees? No. Tickmill does not charge any inactivity fee.
How many instruments does Tickmill offer? Around 600, including 62 forex pairs, 500 stock CFDs, 15 indices, 6 commodities, and 10 crypto CFDs.
What platforms does Tickmill support? MT4, MT5, TradingView, and the proprietary Tickmill Trader. cTrader is not available.
Review by Neil C, BrokerAudit. Data verified April 2026. Read our methodology.
Pros & Cons
Pros
- Ultra-low raw spreads from 0.0 pips
- $3 per side commission on Raw account
- No inactivity fees
- FCA and CySEC regulated
- Fast execution speeds
- Free deposits and withdrawals
Cons
- Limited instrument range (~600)
- Relatively new brand (founded 2014)
- No cTrader
- Fewer educational resources than larger brokers
Account Types
| Account | Min. Deposit | Spread Type | Spread From | Commission | Max Leverage |
|---|---|---|---|---|---|
| Classic | $100 | variable | 1.60 pips | None | 1:1000 |
| Raw | $100 | raw | 0.00 pips | $6.00/lot | 1:1000 |
| TradingView Raw | $100 | raw | 0.00 pips | $7.00/lot | 1:1000 |
Regulatory Licenses
| Regulator | Country | Tier | License | Entity |
|---|---|---|---|---|
| FCA | United Kingdom | Tier 1 | 717270 | Tickmill UK Ltd |
| CySEC | Cyprus | Tier 2 | 278/15 | Tickmill Europe Ltd |
| FSA (Seychelles) | Seychelles | Tier 3 | SD008 | Tickmill Ltd |
| DFSA | UAE (DIFC) | Tier 2 | F007663 | Tickmill Ltd (DIFC Branch) |
| FSCA | South Africa | Tier 2 | 49464 | Tickmill South Africa (Pty) Ltd |
Platform & Features
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Reviewed by
Neil CNeil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.
Last updated: April 2026
Frequently Asked Questions
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