Tickmill

Name: Tickmill review
Item: Tickmill
Rating: 4.6
Author: ValidBrokers

FCA-regulated ECN broker with industry-leading raw spreads from 0.0 pips.

FCACySECFSCAFSALabuan FSADFSA

4.6/5

1,267 reviews

Founded

2014

Min. deposit

$100

Regulated by

FCA · CySEC

Platforms

MT4, MT5

Tickmill homepage — www.tickmill.com

Quick take · 30s

Founded 2014 — UK-headquartered with offshore subsidiaries
Multi-tier-1 regulation: FCA, CySEC, FSCA, plus offshore licenses
Pro account Raw Spread from 0.0 pips with $2 commission per side
Industry-leading sub-100ms execution on the Pro tier

What we liked & What we didn't

What we liked

+FCA-regulated with FSCS protection up to £85,000
+True ECN execution on the Pro account
+Industry-low commission of $2 per lot per side ($4 round-turn)
+Sub-100ms execution speeds on the Pro tier
+MT4 and MT5 both available with full functionality

What we didn't

−Limited instrument range compared to multi-asset brokers (80+ vs 12,000+)
−No proprietary platform — MT4/MT5 only
−Stock CFD selection is narrower than peers

Overview

Tickmill is the broker for cost-focused forex traders. Founded in 2014 and headquartered in London, Tickmill built its reputation on ECN execution with Pro-tier raw spreads from 0.0 pips and a $2 per-side commission — among the cheapest pricing in regulated retail forex. Six regulators including the FCA and CySEC mean the cost advantage isn't bought with regulatory compromise.

Regulation & safety

Tickmill operates a multi-license stack: FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA Seychelles, Labuan FSA (Malaysia), and DFSA (UAE). UK clients get FSCS coverage up to £85,000. The FCA arm operates Tickmill UK Ltd; international clients are typically served by the Seychelles or Labuan entity.

Account types

Four account types: Classic ($100 min, no commission, wider spreads), Pro ($100 min, raw spread + $2/side commission), VIP ($50,000 min, premium spreads), and Islamic (swap-free variant available across tiers).

Fees & spreads

The Pro account is Tickmill's flagship pricing — EUR/USD raw spreads start at 0.0 pips during peak liquidity, with $2 per-side commission ($4 round-turn). This is among the lowest total cost structures in retail forex. Classic account is spread-only at 1.6+ pips on EUR/USD. VIP brings commissions down further.

Trading platforms

MetaTrader 4 and MetaTrader 5 only — no proprietary platform, no cTrader. Both MT versions are fully featured with EA support, custom indicators, and the standard MT mobile apps. Sub-100ms execution is Tickmill's competitive differentiator, particularly on the Pro tier.

Asset class coverage

80+ instruments — narrow by retail standards but heavily focused on forex (62 pairs) with select indices, commodities, bonds, and stock CFDs. Cryptocurrency CFDs available in select jurisdictions. The narrow catalog is intentional — Tickmill optimizes for execution quality over instrument breadth.

Customer support

24/5 phone, email, and live chat support across multiple languages. Response times average under 3 minutes during business hours.

Verdict

Tickmill is the broker for forex-focused traders who prioritize execution quality and cost over instrument variety. The Pro account's raw spread + $2/side commission pricing is genuinely competitive with the largest ECN brokers (IC Markets, Pepperstone) while carrying FCA regulation.

If you need 12,000+ instruments or sophisticated stock trading, look at IG or Saxo. For pure forex with FCA oversight at the lowest total cost, Tickmill is one of the strongest options in the market.