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FP Markets vs Tickmill 2026
A detailed head-to-head comparison of FP Markets and Tickmill across regulation, trading costs, platforms, and more.
Score Breakdown
Category-by-Category Winner
Detailed Comparison
Overview
Trading Costs
Platforms & Features
Instruments
FP Markets vs Tickmill: Our Analysis
Overall Verdict
With an overall score of 83.4/100 vs 80.3/100, FP Markets slightly edges out Tickmill by 3.1 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.
Trading Costs
On the EUR/USD pair, FP Markets offers an average spread of 0.10 pips with a $6.00 round-turn commission, while Tickmill comes in at 0.10 pips with a $6.00 commission. Both brokers offer identical EUR/USD spreads. Minimum deposit is $100 at FP Markets and $100 at Tickmill.
Regulation & Safety
FP Markets holds 4 regulatory licenses with a highest tier of Tier 1 (ASIC, CySEC, FSCA), while Tickmill has 5 licenses at Tier 1 (FCA, CySEC, DFSA). Tickmill has more regulatory licenses overall.
Platform Comparison
FP Markets offers MT4, MT5, cTrader, TradingView — uniquely offering cTrader which Tickmill does not have. Tickmill supports MT4, MT5, TradingView, Tickmill Trader, with exclusive access to Tickmill Trader. Both brokers offer a comparable range of platforms.
Who Should Choose Which?
FP Markets suits cost-conscious traders, beginners seeking education, traders who want advanced tools, traders wanting a wide instrument range, while Tickmill is better for a broad range of trading styles. Both brokers offer demo accounts, so you can test each before committing real funds.
Frequently Asked Questions
Based on our testing, FP Markets scores higher overall at 83.4/100 compared to Tickmill's 80.3/100. However, "better" depends on your priorities — Tickmill may be superior in specific categories like certain niche features.
Both brokers offer identical EUR/USD average spreads of 0.10 pips. Compare their GBP/USD and USD/JPY spreads in the detailed table above to spot differences.
Both brokers score equally on regulation at 82/100. FP Markets is regulated by ASIC, CySEC, FSCA, while Tickmill holds licenses from FCA, CySEC, DFSA.
For beginners, FP Markets is the stronger choice with an education and research score of 70/100. It offers webinars, and a free demo account. Tickmill scores 68/100 for education.
Yes, there is no restriction on having accounts with both FP Markets and Tickmill simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.
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