Tickmill
Tickmill is a regulated ECN/STP forex and CFD broker offering raw spreads from 0.0 pips, fast execution, and MT4/MT5 platforms across 80+ instruments.
Quick Facts
- Starting Price
- Free
- Free Tier
- Yes
- Founded
- 2014
- Company
- Tickmill Ltd
Tickmill Overview
Tickmill is a globally regulated forex and CFD broker established in 2014, known for offering institutional-grade trading conditions to retail and professional traders alike. Regulated by multiple top-tier authorities including the FCA (UK), CySEC (Cyprus), DFSA (Dubai), and the FSA (Seychelles), Tickmill operates with a high standard of client fund protection, negative balance protection, and segregated accounts across its global entities.
The broker offers three core account types suited to different trading profiles. The Classic account is commission-free with spreads starting from 1.6 pips and a $100 minimum deposit, making it accessible for newer traders. The Pro account delivers raw spreads from 0.0 pips with a transparent $2 per lot per side commission—an excellent structure for active and professional traders. The VIP account provides the most competitive conditions with spreads from 0.0 pips and a reduced $1 per lot per side commission, requiring a $50,000 minimum deposit. A free demo account is available for all account types.
Tickmill supports MetaTrader 4 and MetaTrader 5 across desktop, web browser, and mobile platforms. Traders have access to over 80 instruments including 62+ forex pairs, global stock indices, commodities, government bonds, and cryptocurrency CFDs. The MT4/MT5 ecosystem enables Expert Advisors for automated trading, custom indicators, advanced charting, and built-in strategy backtesting. VIP clients also gain access to a FIX API for direct algorithmic integration. Average order execution speed is under 0.20 seconds with no dealing desk intervention.
Tickmill supplements trading with educational webinars, video tutorials, daily market analysis, and an economic calendar. While it lacks proprietary analytical tools or a social trading network, its combination of tight spreads, strong multi-jurisdiction regulation, and reliable execution makes Tickmill a standout option for cost-conscious forex traders, scalpers, and those deploying automated trading strategies.
Tickmill Pricing
Demo
- ✓ Virtual $100,000 practice balance
- ✓ Full MT4/MT5 platform access
- ✓ Real market conditions simulation
- ✓ No time limit
Classic
- ✓ No commission
- ✓ Spreads from 1.6 pips
- ✓ $100 minimum deposit
- ✓ MT4 and MT5 access
- ✓ Negative balance protection
Pro
- ✓ Raw spreads from 0.0 pips
- ✓ $2 per lot per side commission
- ✓ $100 minimum deposit
- ✓ MT4 and MT5 access
- ✓ Fastest execution priority
VIP
- ✓ Raw spreads from 0.0 pips
- ✓ $1 per lot per side commission
- ✓ $50,000 minimum deposit
- ✓ FIX API access
- ✓ Dedicated account manager
- ✓ Priority support
Features
Pros & Cons
Pros
- + Raw spreads from 0.0 pips on Pro and VIP accounts with transparent commissions
- + Regulated by FCA, CySEC, DFSA, and FSA across multiple global jurisdictions
- + Fast order execution averaging under 0.20 seconds with no dealing desk
- + Supports Expert Advisors and algorithmic trading with FIX API for VIP clients
- + Low $100 minimum deposit for both Classic and Pro accounts
Cons
- - VIP account requires a steep $50,000 minimum deposit
- - Limited to MT4/MT5 platforms with no proprietary charting or analysis tools
- - No social or copy trading features
- - Educational content is adequate but less comprehensive than broker-school-focused competitors
Rating Breakdown
Overall Rating
Key Takeaways
- ✓ Raw spreads from 0.0 pips on Pro and VIP accounts with transparent commissions
- ✓ Regulated by FCA, CySEC, DFSA, and FSA across multiple global jurisdictions
- ✓ Fast order execution averaging under 0.20 seconds with no dealing desk
- ✓ Supports Expert Advisors and algorithmic trading with FIX API for VIP clients
- ✓ Low $100 minimum deposit for both Classic and Pro accounts
- ★ Rated 4.2/5 — best for Active forex and CFD traders, Scalpers seeking tight spreads, Algorithmic and automated traders, Cost-conscious professional traders
- $ Free tier available
TL;DR
Tickmill is a forex & cfd brokers tool rated 4.2/5, best suited for Active forex and CFD traders and Scalpers seeking tight spreads and Algorithmic and automated traders and Cost-conscious professional traders. It offers a free plan, with paid plans starting at $N/A/month. Raw spreads from 0.0 pips on Pro and VIP accounts with transparent commissions and regulated by fca, cysec, dfsa, and fsa across multiple global jurisdictions.
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