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Tickmill

75% of retail CFD accounts lose money.
Documentation

Our ranking #16

Our ranking is based on the total cost score, which reflects the Bid-Ask spreads. The lower the ranking, the cheaper the broker, meaning lower costs.
United States
Not available in United States.

Updated: October 2025

Regulated
Negative Balance Protection
Variable Spreads
Crypto CFD trading
Academy
$1M Account Insurance
1:1000 Leverage

Results based on live trading

Tickmill ranks number 16 on TraderGuide’s ranking list. Our rankings are based on the cost of trading with Tickmill across the 16 most commonly traded global instruments. We monitor spreads during both the EU and US sessions and record the widest spreads observed.

What you need to know about Tickmill

Tickmill was launched in 2014 and is licensed in several jurisdictions, including the UK (FCA), Cyprus (CySEC), the Seychelles (FSA), the UAE (DFSA), and South Africa (FSCA).

Tickmill offers access to a broad range of instruments—forex, indices, commodities, bonds, cryptocurrencies, and stock CFDs—available on the MetaTrader 4 and 5 platforms across desktop, web, and mobile, with optional VPS hosting.

The broker also supports hedging, scalping, Expert Advisors, and offers a FIX API to high-volume clients.

What do we like about Tickmill?

Tickmill has a reputation for offering reliable and competitive trading conditions. Their forex fees and CFD charges tend to be low, and there are no deposit or withdrawal fees. Account opening is fully digital and usually completed within a day, which is both fast and user-friendly.

Execution is smooth, with no dealing desk intervention, requotes or delays—something scalpers and active traders will appreciate. For retail clients under CySEC they also offer negative balance protection, ensuring that losses can never exceed deposits.

Traders can also access a solid suite of educational materials—webinars, e-books, video tutorials, and economic tools—most of which are available to both clients and non-clients.

Customer support is responsive and available across multiple channels and languages during the trading week.

What concerns us about Tickmill?

The main drawback is its reliance on MetaTrader platforms, which some may view as dated, particularly in terms of chart aesthetics and news feed. There is no proprietary trading platform, which may disappoint traders looking for a more modern interface.

While the range of tradable assets is broad, some brokers offer deeper stock or commodity coverage. There is also a modest inactivity fee after a year without trades, which isn’t excessive but worth noting. Finally, services are unavailable to clients in jurisdictions such as the US and Canada.

Should you trade with Tickmill?

Tickmill is a dependable, well-regulated broker that excels on cost and execution, making it a solid choice for both newcomers and experienced traders who rely on tight spreads and fast trade processing.

Its strengths lie in a clean fee structure, thorough regulatory coverage, and a good educational offering.

The absence of a Home-Grown platform and a more limited asset offering may not suit everyone, but for traders primarily focused on forex and CFD instruments, Tickmill delivers a clear, no-nonsense trading environment worth considering.

Best 4 Brokers

Across United States.

Indices
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Commods

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Bid – Ask Spreads

Total Score = 26.40
The total cost score is calculated by adding the Bid-Ask spreads of these 16 instruments. A lower score means lower costs, representing a cheaper broker.
Indices

FTSE : 1.20

DAX : 0.50

CAC : 1.40

NASDAQ : 0.90

DOW JONES : 1.00

SP500 : 0.70

Total: 5.70
Forex

EUR/USD : 1.60

GBP/USD : 1.60

USD/JPY : 1.60

EUR/JPY : 2.30

USD/CHF : 1.70

AUD/USD : 1.60

USD/CAD : 1.90

Total: 12.30
Commods

US CRUDE : 3.00

GOLD : 2.30

SILVER : 3.10

Total: 8.40

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