Tickmill

4.7/ 5

Tickmill is a globally regulated forex and CFD broker founded in 2014, known for its low-cost Raw account offering spreads from 0.0 pips with a $3 per side commission. Regulated by FCA, CySEC, and FSA among others, Tickmill is well-regarded for its transparent pricing, solid customer service, and multiple platform support.

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Min. Deposit

$100

Spread From

0.0 pips

Regulation

FCA, CySEC, FSA

Full Review

Overview

Tickmill was founded in 2014 and is headquartered in London with offices across the globe. The broker holds licences from FCA, CySEC, FSCA, DFSA, and FSA Seychelles, making it one of the most comprehensively regulated mid-tier brokers. Tickmill's Raw account is highly competitive with spreads from 0.0 pips and a $3.00/side commission, and the broker supports MT4, MT5, cTrader, TradingView, and its own Tickmill Trader platform.

Pros

Low-cost Raw account: 0.0 pip spreads with only $3.00/side commission — lower than many competitors
Comprehensive regulation: FCA, CySEC, FSCA, DFSA, FSA — regulated across multiple tier-1 jurisdictions
Multiple platforms: MT4, MT5, cTrader, TradingView, and proprietary Tickmill Trader
Copy trading: Integrated copy trading functionality for strategy followers and providers
Transparent pricing: No hidden fees; clear commission and spread disclosures

Cons

Limited asset variety: Only ~637 instruments — narrower range than IC Markets or Pepperstone
Classic account pricing mediocre: EUR/USD averages 1.7 pips on Classic — above average cost
Removed popular tools in 2025: AutoChartist, Pelican Copy, and Capitalise.ai removed in 2025 refresh
No US clients: Not available to US residents
Smaller broker profile: Less name recognition may concern some traders

Spreads & Fees

Account Type	EUR/USD Spread	Commission	All-In Cost
Classic	Avg 1.70 pips	None	~1.70 pips
Raw	Avg 0.10 pips	$3.00/side	~0.70 pips

Overnight (Swap) Fees: Standard rates; Islamic accounts available. Withdrawal Fees: Free for most methods; wire transfer may have bank fees. Inactivity Fee: None.

User Reviews8

Derek M.

5/5

Tickmill's Raw account is genuinely competitive. $6 round-turn on EUR/USD with 0.1 pip spread is excellent value. FCA regulation means I trade with confidence. Highly recommended.

Yui T.

4/5

Good execution and tight spreads on the Raw account. I switched from another broker and haven't looked back. The cTrader platform here is well integrated and responsive.

Paul F.

3/5

The Classic account is too expensive for active trading at 1.7 pips average. The Raw account is the only competitive option. Wish they had more instruments — the range is limited.

Sophie B.

5/5

Excellent FCA-regulated broker with no hidden fees. Customer support answered my questions within minutes. The copy trading feature works well and I've had good results following top traders.

Adrian K.

4/5

Solid reliable broker. No major issues in 2 years of trading. MT4 and MT5 both work well. The removal of AutoChartist was disappointing but otherwise trading conditions are very good.

Nina R.

2/5

Not many instruments to trade compared to other brokers. If you trade primarily EUR/USD forex you'll be fine, but for diversified trading it's limiting. The pricing is competitive though.

James O.

5/5

Fast execution with no requotes. I've tested other ECN brokers and Tickmill's Raw account consistently matches or beats them on all-in cost. The multiple platform choices are a bonus.

Maria L.

3/5

The removal of Capitalise.ai was a disappointment as I used it for automated strategies. Otherwise a decent broker. Would return to 5 stars if they restore algorithmic trading tools.

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