Tickmill Review 2026
Pros
- +Industry-leading low commissions ($2/lot on Pro)
- +Ultra-tight spreads from 0.0 pips
- +FCA regulated with strong safety measures
- +No minimum deposit requirement
- +Excellent execution speed (0.20s average)
- +Free VPS for qualifying traders
Cons
- βLimited platform options (MT4/MT5 only)
- βSmaller instrument selection than competitors
- βNo proprietary platform
- βBasic research tools
Overview
Tickmill is a pure ECN/STP forex broker founded in 2014, with headquarters in London, UK. Despite being younger than many competitors, Tickmill has quickly built a reputation for ultra-competitive pricing and fast execution, winning numerous industry awards including “Best Forex Execution Broker” multiple years running.
The broker focuses on providing institutional-grade trading conditions to retail traders, making it particularly popular among scalpers, day traders, and algorithmic traders.
Regulation & Safety
Tickmill operates under multiple regulatory frameworks:
- FCA (UK) - Financial Conduct Authority (Tickmill UK Ltd)
- CySEC (Cyprus) - Cyprus Securities and Exchange Commission
- FSCA (South Africa) - Financial Sector Conduct Authority
- FSA (Seychelles) - Financial Services Authority
Client funds are held in segregated accounts with top-tier banks. The broker participates in the UK FSCS compensation scheme (up to Β£85,000) and provides negative balance protection.
Trading Platforms
MetaTrader 4
Tickmill’s MT4 offering includes:
- One-click trading
- Full Expert Advisor support
- Custom indicators
- Mobile apps (iOS/Android)
- VPS hosting for EAs
MetaTrader 5
Enhanced features with MT5:
- More timeframes (21 vs 9)
- Economic calendar integration
- Depth of market
- Additional order types
- Improved backtesting
WebTrader
Browser-based trading with:
- No downloads required
- Full trading functionality
- Synchronized with desktop
- Works on any device
Tickmill Mobile
Dedicated mobile app featuring:
- Real-time quotes
- Full order management
- Price alerts
- News updates
Fees & Spreads
Tickmill is renowned for its competitive pricing structure.
Spread & Commission Comparison
| Account | EUR/USD Spread | Commission |
|---|---|---|
| Classic | From 1.6 pips | None |
| Pro | From 0.0 pips | $2.00/lot |
| VIP | From 0.0 pips | $1.00/lot |
Spread Examples (Pro Account)
| Pair | Average Spread | + Commission |
|---|---|---|
| EUR/USD | 0.1 pips | $2.00/lot |
| GBP/USD | 0.3 pips | $2.00/lot |
| USD/JPY | 0.1 pips | $2.00/lot |
| XAU/USD | 1.0 pips | $2.00/lot |
Other Fees
- Deposit fees: None
- Withdrawal fees: None (minimum once/month)
- Inactivity fee: None
- Overnight financing: Competitive swap rates
Account Types
| Feature | Classic | Pro | VIP |
|---|---|---|---|
| Min Deposit | $100 | $100 | $50,000 |
| Spreads | From 1.6 | From 0.0 | From 0.0 |
| Commission | None | $2.00/lot | $1.00/lot |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
VIP Account Benefits
- Lowest commissions ($1/lot)
- Priority support
- Dedicated account manager
- Exclusive market insights
- Free VPS hosting
- Invitation to exclusive events
Instruments Available
Tickmill offers a focused selection of instruments:
- Forex: 62 currency pairs
- Indices: 15+ global indices
- Commodities: Gold, silver, oil, natural gas
- Bonds: Major government bonds
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin
- Stock Indices: Major global indices
Deposit & Withdrawal
Tickmill provides free deposits and withdrawals:
- Bank transfers: 2-5 business days
- Credit/Debit cards: Instant deposits
- E-wallets (Skrill, Neteller): Instant
- Cryptocurrency: Within 1 hour
- Union Pay: Instant
Withdrawals are processed within 1 business day. One free withdrawal per month, subsequent withdrawals may incur small fees.
Execution Quality
Tickmill’s execution statistics are impressive:
- Average execution time: 0.20 seconds
- Server locations: London, Hong Kong
- Liquidity providers: Multiple tier-1 banks
- No dealing desk: 100% STP execution
Free VPS Hosting
Traders meeting requirements get free VPS:
- Minimum $2,000 deposit
- Trade at least 5 lots per month
- 24/7 server uptime
- Low latency connection
Customer Support
Support is available via:
- 24/5 live chat
- Phone support
- Email support
- Callback service
Tickmill is known for responsive and knowledgeable support staff.
Verdict
Tickmill is an outstanding choice for cost-conscious traders who prioritize low spreads and commissions. The Pro account’s $2/lot commission combined with near-zero spreads makes it one of the most competitive offerings in the market.
The platform selection is limited to MetaTrader, and the instrument range is smaller than some competitors. However, for forex-focused traders who want the best pricing, Tickmill delivers exceptional value.
Best For:
- Scalpers and day traders
- Cost-conscious traders
- High-frequency traders
- Algorithmic traders
- Experienced forex traders
Not Ideal For:
- Beginners seeking education
- Traders wanting diverse platforms
- Those trading exotic instruments
- Social/copy trading enthusiasts
Risk Warning: 70% of retail investor accounts lose money when trading CFDs with Tickmill. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Disclosure: This review may contain affiliate links. Commissions never influence our ratings β see our Editorial Standards. Trading CFDs involves substantial risk of loss.