Trading forex and CFDs carries high risk. Information is educational, not advice.
Independent Review · Edition

TICKMILL Review

★★★★☆ 4.3/5 Editor's Score · Trustpilot 4.3/5

TICKMILL is a broker regulated by FSA SD008 CySEC 278/15, FCA 717270 IBFC MB/18/0028 DFSA F007663 FSCA 49464 and based in UK / Seychelles. It offers Forex, CFDs, Gold, Oil with leverage up to 1:500.

Editor's score breakdown

How TICKMILL scores across the four dimensions that matter most.

Regulation
96%
Cost
93%
Platforms
25%
Support
100%

Key advantages

  • Classic / VIP accounts with raw spreads from 0.2 and low commission
  • FCA and CySEC regulated, with institutional-grade execution
  • Fast execution and good slippage control; scalping- and EA-friendly
  • Education and market research are of high quality

Considerations

  • Minimum deposit $100, a mid-range barrier
  • Fewer instruments than multi-asset giants
  • No cTrader
  • No bonus-type promotions
Our take: Suited to traders who value execution quality and strong regulation for scalping/automation.

Full specifications

Every key fact about TICKMILL in one place.

Minimum deposit$100.0
Minimum position0.01
Max leverage1:500
Typical spread0.2 pips
RegulationFSA SD008 CySEC 278/15, FCA 717270 IBFC MB/18/0028 DFSA F007663 FSCA 49464
Country / HeadquartersLondon / UK / Seychelles
Founded2014
Trading platformsMT4
InstrumentsForex, CFDs, Gold, Oil
Account typesStandard, ECN, Islamic/Swap-free, Demo
Payment methodsCredit / Debit Card, Skrill(MoneyBookers), China UnionPay, Neteller, Bank Wire, WebMoney, STICPAY,Fasapay, NganLuong.vn, QIWI Wallet
Customer support24/5 support, Live chat, Email, Phone
Trustpilot4.3 / 5

Trading platforms

What you can trade on with TICKMILL — and what each terminal is best for.

MetaTrader 4 (MT4)

The industry-standard terminal: supports Expert Advisors (EA automated trading), thousands of custom indicators, one-click trading and hedging. Suited to forex-focused traders who want to run strategies.

Your platform choice directly affects how you implement strategies (automated trading, indicators, mobile experience). Before committing, test order speed and stability on a demo account.

Account types

Pick the account structure that fits your strategy and starting capital.

Standard account

Classic account: the spread is built into the quote, with no separate commission. The default choice for most retail traders.

ECN / Raw spread account

Direct interbank liquidity, spreads from ~0.0 plus a small per-lot commission. Lower all-in cost for active traders.

Islamic / Swap-free account

A Sharia-compliant account that charges no overnight rollover (swap) fee. Suited to traders who cannot receive or pay interest.

Demo account

A zero-risk practice account using virtual funds and mirroring real market prices, for testing strategies and getting familiar with the platform.

Different account types from the same broker can differ greatly in spread/commission structure — cost-sensitive strategies must calculate the combined "spread + commission" cost before opening an account.

Fees & costs

The charges that shape your real, all-in trading cost.

Minimum deposit$100
Typical spread0.2 pips
CommissionDepends on the account: Standard-type accounts have no separate commission; ECN/Raw-type accounts charge a small commission per lot.
Max leverage1:500
Overnight financingHolding a position past 17:00 ET incurs an overnight rollover (swap) fee; Islamic / swap-free accounts are exempt.
Inactivity feeMost brokers charge an inactivity fee on long-dormant accounts (typically after a 3–12 month lapse); specifics are per the broker's terms.
Deposit / withdrawalCredit / Debit Card, Skrill(MoneyBookers), China UnionPay, Neteller, Bank Wire, WebMoney, STICPAY,Fasapay, NganLuong.vn, QIWI Wallet

"Low spread" does not equal "low cost" — if the account stacks commission, or inactivity/overnight fees are high, the true cost must be calculated holistically.

Regulation & safety

Who supervises TICKMILL, and what that means for your money.

UK Financial Conduct Authority (FCA) Tier-1 strong regulation

One of the strictest regulators: mandatory client fund segregation, negative balance protection, and covered by the FSCS compensation scheme up to £85,000. Retail leverage cap 1:30.

Cyprus Securities and Exchange Commission (CySEC) Tier-1 strong regulation

Regulated under the EU MiFID II framework, with an Investor Compensation Fund up to €20,000 and a retail leverage cap of 1:30.

South Africa Financial Sector Conduct Authority (FSCA) Offshore / weak regulation

South African regulation requiring client fund segregation and local redress channels, but with looser leverage limits than the EU/UK.

Dubai Financial Services Authority (DFSA) Tier-1 strong regulation

Regulates brokers within the Dubai International Financial Centre (DIFC), with sound custody and conduct standards.

Financial Services Commission (FSC, Mauritius / offshore) Offshore / weak regulation

An offshore licence, lighter-touch regulation and higher allowed leverage; weaker client protection than the tier-1 set.

Financial Services Authority (varies by jurisdiction) Offshore / weak regulation

Offshore entities (e.g. Seychelles, SVG) offer flexible leverage with limited investor protection.

UAE Securities and Commodities Authority (SCA) Offshore / weak regulation

Regulates brokers operating in the UAE; standards are gradually rising.

Our verdict:This broker holds multiple tier-1 strong-regulation licences, with solid client fund segregation and investor protection.

The same brand often has multiple entities across regions, with different regulatory strength and leverage caps. Be sure to confirm the entity you actually open an account with.

Deposits & withdrawals

Funding methods this broker supports, and what to watch for on processing times.

CreditDebit CardSkrill(MoneyBookers)China UnionPayNetellerBank WireWebMoneySTICPAYFasapayNganLuong.vnQIWI Wallet

Processing times and fees vary by method and entity — cards and e-wallets are usually instant, while bank wires can take 1–5 business days. Confirm the exact schedule on the broker's site before funding.

What a trade really costs

A worked example of all-in spread cost for TICKMILL, using its published typical spread.

Trading 1 standard lot (100,000 units) of EUR/USD with a spread of 0.2 pips costs ≈ $2.0 per side in spread — roughly that amount to open and the same to close. With maximum leverage up to 1:500, a 1% adverse move can erase a large share of a small account, so position sizing matters as much as the headline spread.

This is an illustrative all-in spread cost only. Commission-based (ECN/Raw) accounts add a per-lot fee, and holding overnight adds swap. Size positions to risk ≤1–2% of equity.

Mobile trading

This broker supports mobile trading: MetaTrader and cTrader offer full-featured iOS and Android apps for charting, one-tap execution and push alerts, so you can manage positions on the go.

How to open an account

The five steps from sign-up to your first live trade with TICKMILL.

  1. 1
    Sign up

    Register with email/phone and choose your account type and base currency.

  2. 2
    Verify identity (KYC)

    Upload ID and proof of address; regulation requires this before funding.

  3. 3
    Fund the account

    Deposit via your preferred method; respect the minimum deposit.

  4. 4
    Install the platform

    Download MT4/MT5/cTrader or use the web terminal; log in with your credentials.

  5. 5
    Start on a demo, then go live

    Practice risk-free first, then trade small and scale with experience.

Always read the broker's legal documents (terms, risk disclosure, fee schedule) before funding. Account opening is free; only trading risk is real.

Availability in your country

Broker availability, leverage caps and investor-protection schemes differ by country and entity. Confirm the broker accepts clients from your region and which licence you contract under before opening an account. See our By Country pages to check regional availability.

Compare TICKMILL with rivals

See how TICKMILL measures up against the brokers traders compare it with most.

Who is TICKMILL best for?

TICKMILL is best suited for cost-focused traders who need tight spreads, traders who prioritise strong regulation, traders needing Islamic/swap-free accounts.

Not sure if TICKMILL is right for you? Compare it side-by-side with 24 other regulated brokers and filter by the features that matter to your strategy.

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Risk disclosure

Trading leveraged products involves substantial risk of loss and is not suitable for all investors.

This review is published for informational purposes only and does not constitute investment advice. Past performance and broker terms can change; always read the broker's legal documentation before opening an account.