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Tickmill Review

Raw spreads with one of the lowest commissions among ECN brokers — $3 per lot per side on the Raw account.

FCACySECFSAFSCAFounded2014HeadquartersMahe, Seychelles
4.4
Rating · / 5
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  • $3 per lot per side commission undercuts most ECN rivals
  • FCA and CySEC regulation on top-tier entities
  • Fast average execution speed (around 0.15s)
  • Narrower instrument range than larger multi-asset brokers (around 600+ symbols)
  • Proprietary Tickmill Trader app lacks trailing stops and price alerts
  • Best trading conditions and highest leverage sit under the offshore Seychelles entity
Min deposit
$100
Spreads from
0.0 pipsRaw
Max leverage
up to 1:1000Seychelles entity; lower caps apply for FCA/CySEC clients
Commission
$3 per lot per sideRaw; $3.50 per lot per side (Raw for TradingView); zero on Classic
  • Demo account
  • Islamic account
  • Copy trading
  • Negative balance protection

At a glance

Platforms
  • MT4
  • MT5
  • TradingView
  • Mobile app
Instruments
  • Forex
  • CFDs
  • Stocks
  • Indices
  • Commodities
  • Crypto
Not accepted from
  • US
  • Canada
  • Singapore
  • Iran
  • India
  • Japan
Payment methods
  • Bank transfer
  • Card
  • Skrill
  • Neteller
  • Crypto
Base currencies
  • USD
  • EUR
  • GBP
Execution
ECN / STP

Pros

  • $3 per lot per side commission undercuts most ECN rivals
  • FCA and CySEC regulation on top-tier entities
  • Fast average execution speed (around 0.15s)
  • No inactivity fee

Cons

  • Narrower instrument range than larger multi-asset brokers (around 600+ symbols)
  • Proprietary Tickmill Trader app lacks trailing stops and price alerts
  • Best trading conditions and highest leverage sit under the offshore Seychelles entity

Is Tickmill safe?

Tickmill is regulated by FCA, CySEC, FSA (Seychelles), FSCA (South Africa), DFSA (Dubai). No regulator warnings or enforcement actions found.

Trustpilot
No Trustpilot score shown

1,143 reviews · source

No regulator warnings or enforcement actions found

What clients complain about

  • Trustpilot has suspended the overall rating display for Tickmill's profile, citing a breach of its review guidelines, though individual reviews remain visible.
  • Recurring themes in visible reviews include occasional withdrawal-processing delays and identity-verification friction during account opening, alongside a large share of positive comments about execution speed and low Raw-account costs.
  • Reviews about the offshore Seychelles entity sometimes note that its higher leverage comes with lighter regulatory protection than the FCA or CySEC entities.

See every warning and action we have on record

Account types

AccountMin depositSpreads fromCommission
Classic$1001.6 pipsNone
Raw$1000.0 pips$3/lot/side
Raw (TradingView)$1000.0 pips$3.50/lot/side

What does Tickmill charge?

Tickmill quotes EUR/USD from 1.6-1.7 pips on its Classic account. 6 of the 6 payment methods listed take deposits free of charge.

Typical spreads

InstrumentAccountSpreadCommission
EUR/USDClassic1.6-1.7 pipsNone
EUR/USDRaw0.0-0.2 pips$3/lot/side
EUR/USDRaw (TradingView)0.0-0.2 pips$3.50/lot/side

Deposit & withdrawal fees

MethodDeposit feeWithdrawal feeProcessing time
Bank wireFree (Tickmill covers bank fees on deposits above $5,000)Free; intermediary banks may deduct their own chargesProcessed within 1 working day; funds typically arrive in 2-7 working days
Debit/credit cardFreeFreeInstant deposit; withdrawal arrival up to 8 working days
SkrillFreeFreeInstant deposit and withdrawal
NetellerFreeFreeInstant deposit and withdrawal
UnionPayFreeFreeInstant deposit; withdrawal arrival up to 48 hours
CryptocurrencyFreeFreeInstant deposit (24/7); withdrawal arrival approx. 12-48 hours
Tickmill fees: withdrawal, inactivity, spreads

Which countries does Tickmill accept?

Tickmill accepts clients from 26 of the countries we checked and does not accept 4. Restricted: United States, Canada, Iran.

Regulation and safety of funds

Tickmill operates through five separately licensed entities: Tickmill UK Ltd under the FCA (717270), Tickmill Europe Ltd under CySEC (278/15), Tickmill Ltd under the Seychelles FSA (SD008), Tickmill South Africa under the FSCA (FSP 49464), and a representative office under Dubai's DFSA. The FCA and CySEC entities offer the strongest retail protections, including segregated client funds and compensation scheme access, while the Seychelles entity offers higher leverage but lighter oversight.

All entities apply negative balance protection, so losses cannot exceed deposited funds. Traders who want maximum regulatory protection should specifically register under the UK or Cyprus entity rather than the offshore one, since account terms and leverage caps differ by jurisdiction.

Fees and spreads

Tickmill's Raw account is the headline offer: spreads from 0.0 pips plus a $3 commission per lot per side, putting it among the cheapest ECN-style pricing available to retail traders. The Classic account skips commission entirely but carries wider spreads from around 1.6 pips, suiting traders who prefer simple all-in pricing over calculating commission separately.

A dedicated Raw account for TradingView users carries a slightly higher $3.50 per lot per side commission to cover the platform integration. There is no inactivity fee and no deposit fee; withdrawals are generally free, though intermediary banks on wire transfers may apply their own charges.

Platforms and tools

Tickmill supports the full MetaTrader suite (MT4 and MT5) with add-ons like FX Blue analytics and free VPS hosting for qualifying trading volumes, making it a solid choice for algorithmic and automated trading. TradingView integration lets clients place trades directly from TradingView's charting interface, a feature aimed at technically-minded traders.

The in-house Tickmill Trader mobile app covers the basics but is missing some conveniences found in MetaTrader, such as trailing stops and price alerts. Copy trading is available through Tickmill Social, which lets newer traders mirror the positions of more experienced ones.

Deposits and withdrawals

Funding methods include bank transfer, Visa and Mastercard, Skrill, Neteller, UnionPay and cryptocurrency, with a minimum deposit of $100 across account types. Most deposits and withdrawals to cards and e-wallets are processed free of charge and quickly, though bank wires can take longer and may attract fees from intermediary banks.

Withdrawal requests are generally returned to the original payment method used for depositing, a standard anti-fraud practice among regulated brokers.

Customer support

Support is available by email, phone and a contact form, with the Seychelles office covering weekday hours in GMT and the South Africa office covering SAST hours, together spanning a wide window for international clients. Response times for email support are typically within 24 hours on business days.

Support is offered in 15 languages, reflecting Tickmill's broad international client base across Europe, Asia, Africa and the Middle East.

Who is it for

Tickmill suits cost-conscious forex and CFD traders, particularly those running expert advisors or algorithmic strategies who value tight raw spreads, low commissions and free VPS hosting. Its FCA and CySEC entities appeal to traders who prioritize regulatory protection over maximum leverage.

It's a less natural fit for traders wanting an enormous range of tradeable instruments, advanced mobile app features, or heavy in-house research and education content, since Tickmill's offering in those areas is comparatively lean next to larger multi-asset brokers.

How to open an account

Tickmill

Before you apply

Verification time
Usually within 1 business day
Minimum age
18+
Documents required
Passport or national ID; recent proof of address

Fully digital application; account entity assigned by country of residence

  1. 1.

    Register online

    Complete the digital application at tickmill.com with your personal and financial details.

  2. 2.

    Verify your identity

    Upload a passport or ID plus a proof-of-address document; verification is typically completed within a day.

  3. 3.

    Choose an account type

    Pick Classic (zero commission, spreads from 1.6 pips), Raw (from 0.0 pips plus $3/lot/side), or Raw for TradingView ($3.50/lot/side).

  4. 4.

    Fund your account

    Deposit from $100 via bank transfer, card, Skrill, Neteller or crypto.

  5. 5.

    Start trading

    Trade on MT4, MT5 or TradingView, or test strategies risk-free on a demo account first.

Good to know before you start

Why you have to verify your identity

Why you have to verify your identity

Every regulated broker and exchange must confirm who you are before you can trade or withdraw. Expect to upload a passport or national ID and a proof of address under three months old (utility bill or bank statement). Most platforms approve documents within a few hours; a mismatch between your ID and the name on your payment method is the most common reason for delays.

How funding your account works

How funding your account works

Deposits by card or e-wallet usually land within minutes; bank wires take one to three business days and may carry a fee from your bank. Withdrawals go back to the method you deposited with, which is an anti-money-laundering rule rather than a platform choice. Start with the minimum, confirm a small withdrawal works, then scale up.

What to expect on your first trade

What to expect on your first trade

Open a demo account first if the platform offers one, then place a small live trade on a liquid market such as EUR/USD or BTC/USD. Check the spread, the commission and the swap before you confirm. Set a stop-loss on every position — losing a small amount quickly is the cheapest lesson in trading.

About the company

Parent company
Tickmill Group
Founded
2014
Headquarters
Mahe, Seychelles
Clients
1,350,000+ registered accounts (August 2026)

Contact & support

Support hours
Mon-Fri 7:00-16:00 GMT (Tickmill Ltd, Seychelles); Mon-Fri 9:00-18:00 SAST (Tickmill South Africa)
Live chat
Yes
Languages
English, German, Simplified Chinese, Traditional Chinese, Indonesian, Russian, Spanish, Arabic, Polish, Italian, Korean, Thai, Malay, Vietnamese, Portuguese
Address
Tickmill Ltd: Office 1, 1st Floor, KLA Complex, Mont Fleuri, Mahe, Seychelles; Tickmill UK Ltd: First Floor, The Bengal Wing, 9A Devonshire Square, London EC2M 4YN, United Kingdom; Tickmill Europe Ltd: Kedron 9, Mesa Geitonia, Limassol 4004, Cyprus; Tickmill South Africa (Pty) Ltd: 3rd Floor, 34 Whiteley Road, Melrose Arch, Johannesburg 2196, South Africa

Awards & recognition

  • 2026

    Best in Class for Copy Trading, MetaTrader and Algo Trading

    ForexBrokers.com

  • 2026

    Platform Newcomer

    TradingView

  • 2025

    Best in Class

    ForexBrokers.com

  • 2025

    Most Competitive Broker - Global

    Global Forex Awards

  • 2024

    #1 Broker for Commissions and Fees

    ForexBrokers.com Annual Forex Broker Review

  • 2023

    Best Partner Program Africa

    Finance Magnates Africa Summit

Frequently asked questions

Is Tickmill regulated?

Yes. Tickmill UK Ltd is regulated by the FCA (717270), Tickmill Europe Ltd by CySEC (278/15), and additional entities are regulated by the Seychelles FSA, South Africa's FSCA, and Dubai's DFSA.

What is the minimum deposit at Tickmill?

The minimum deposit across Tickmill's Classic, Raw and TradingView Raw accounts is $100.

Does Tickmill charge commission?

The Classic account has no commission but wider spreads. The Raw account charges $3 per lot per side, and the TradingView Raw account charges $3.50 per lot per side, both with spreads from 0.0 pips.

Does Tickmill offer negative balance protection?

Yes, negative balance protection applies across Tickmill's regulated entities, so clients cannot lose more than their deposited funds.

Can I trade on TradingView with Tickmill?

Yes, Tickmill offers direct TradingView integration alongside MetaTrader 4 and MetaTrader 5.

Is there an inactivity fee?

No, Tickmill does not charge an inactivity fee on dormant accounts.

Does Tickmill accept US clients?

No, residents of the United States, along with Canada, Singapore, Iran, India and Japan, cannot open a Tickmill account.

Sources

  1. 1tickmill.com
  2. 2tickmill.com
  3. 3tickmill.com
  4. 4tickmill.com
  5. 5tickmill.com
  6. 6tickmill.com
  7. 7tickmill.com
  8. 8trustpilot.com
  9. 9forexbrokers.com
  10. 10brokerchooser.com
  11. 11daytrading.com
  12. 12fsaseychelles.sc
  13. 13tickmill.com

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