Tickmill Review

Tickmill is a forex and CFD broker built around low trading costs and the MetaTrader platforms. Its main draw is the commission-based Raw account. That account pairs tight spreads with a commission of $3 per lot per side, and its lowest all-in cost on EUR/USD is 0.60 pips. Accounts open from a $100 minimum deposit. Tickmill does not charge its own deposit or withdrawal fees, though intermediary banks or eWallets can still take a cut.

The trade-offs are breadth and depth. The market list is focused rather than broad, there is no way to own shares or ETFs, and the research and education are spread across several sites and channels. Which Tickmill you actually deal with also matters more than the brand. The group operates through five regulated entities, from an FCA-authorised UK firm to an offshore company in Seychelles. Leverage, client protections, products and even the proprietary app differ depending on which entity holds your account.

Tickmill pros and cons

Pros

• The Raw account’s commission model gives a low all-in cost on major forex pairs, with a commission that is easy to calculate.
• The full MetaTrader 4 and MetaTrader 5 suite is available, with FX Blue add-ons and discounted VPS hosting for automated strategies.
• No account-level deposit or withdrawal fees, and no inactivity fee.
• The group holds an FCA licence, along with authorisations in Cyprus, South Africa, Dubai and Seychelles.
• UK clients can reach exchange-traded futures and options on CME Group products through dedicated platforms.
• Three CPD-accredited courses built with the London Stock Exchange are free with an active live account.

Cons

• The range of investments is modest, and stocks are available only as CFDs.
• The proprietary Tickmill Trader platform lacks trailing stops, price alerts and algorithmic trading.
• Tickmill offers no public API and no cTrader.
• Several in-house research series, including podcasts and livestreams, have gone quiet.
• The VIP tier with reduced commissions has been discontinued.
• Maximum leverage of 1:1000 is available through the offshore entity, which offers far weaker protection than the UK or EU firms.

My top takeaways for Tickmill

• Cost: The Raw account is the reason to shortlist Tickmill. The Classic account folds all costs into a wider spread, which suits occasional traders more than active ones.
• Platforms: The MetaTrader suite is the core of the offer for active and automated traders. Tickmill Trader is modern and modular but missing several order and alert features.
• Entity: Your country of residence decides which Tickmill company you contract with. That choice decides your protections and your leverage.

Who operates Tickmill

Tickmill was founded by brothers Ingmar and Illimar Mattus, both long-standing entrepreneurs in the forex industry. The company describes Tickmill Group as employing more than 250 staff and serving over 327,000 clients worldwide. Tickmill is privately held, not publicly listed, and it does not operate a bank. It publishes no financial statements of the kind a listed broker files, so its financial strength is judged mainly by its regulatory status.

The Tickmill brand is not a single company. It is a group of separately licensed firms, and each firm serves a different set of countries under its own regulator’s rules. Your client agreement is with one specific entity, and that entity’s licence sets the terms that apply to you.

Is Tickmill safe?

Tickmill’s regulatory footprint is fairly strong for a forex and CFD broker of its size. The group holds one Tier-1 licence (the UK Financial Conduct Authority), three Tier-2 authorisations and one offshore licence, and no regulator has issued a warning against it.

How the entities divide up

Tickmill UK Ltd (FCA). This is the group’s most heavily regulated firm and the one UK residents deal with. FCA authorisation brings the UK’s retail CFD rules, including leverage caps on retail accounts, negative balance protection for retail clients, and client money segregation requirements. UK-specific products also sit here, notably the exchange-traded futures and options service.

Tickmill UK Ltd (DFSA). The same UK company is also authorised by the Dubai Financial Services Authority, the regulator for the Dubai International Financial Centre. The authorisation belongs to Tickmill UK Ltd rather than a separate subsidiary, so treat it as that firm’s authorisation in the DIFC. The DFSA is a different regime from the FCA, and protections available to UK clients do not automatically extend to clients onboarded under the Dubai authorisation.

Tickmill Europe Ltd (CySEC). The Cyprus Securities and Exchange Commission regulates the EU firm. Under the EU’s MiFID framework, a CySEC-authorised investment firm can passport its services into other European Economic Area countries. That makes Tickmill Europe the likely counterparty for EU residents. ESMA-derived retail CFD rules apply, including leverage limits and negative balance protection for retail clients.

Tickmill South Africa (Pty) Ltd (FSCA). South Africa’s Financial Sector Conduct Authority licenses this entity under licence number 49464.

Tickmill Ltd (FSA Seychelles). The Seychelles Financial Services Authority licenses this offshore entity. Its maximum leverage reaches 1:1000, and it is also the entity through which the proprietary Tickmill Trader app is offered. Offshore regulation sets lighter capital and conduct requirements than the FCA or CySEC, and it does not carry the UK or EU compensation schemes.

Client protections differ by entity

Two layers of protection matter most if something goes wrong: compensation schemes and negative balance protection.

• Compensation schemes. FCA-authorised investment firms fall within the UK’s Financial Services Compensation Scheme. The scheme can pay eligible claimants up to £85,000 per person per firm if an authorised firm fails and cannot return client money. Cyprus runs an Investor Compensation Fund for CySEC-regulated investment firms, with a cap of €20,000 per eligible client. Eligibility depends on the client’s classification and the nature of the claim. Clients of the Seychelles entity are outside both schemes.
• Negative balance protection. UK and EU retail CFD rules require brokers to stop a retail client’s losses from exceeding the account balance. That requirement does not apply to offshore accounts.

Before you fund an account, confirm three things. First, look the entity up on the regulator’s public register and check that the name and licence number match the company named in your client agreement. Second, check your entity’s documentation for whether your classification and claim type would be eligible for compensation. Third, if your account sits with the Seychelles entity, read its terms of business on negative balance protection before trading at high leverage.

Professional accounts

Tickmill offers a professional classification alongside its retail accounts. This is a regulatory status rather than a product. Traders who meet the regulator’s criteria for experience, portfolio size or trading activity can opt into it. In exchange, they give up retail protections such as the regional leverage caps and, under UK and EU rules, some of the safeguards attached to retail status. That trade makes sense only for traders who need the higher leverage and understand what protections they are surrendering.

Range of investments

Tickmill is a forex-first broker. One recent count of its account offerings found 62 forex pairs and about 637 tradeable symbols in total. That covers majors, minors and a selection of exotics, plus CFDs on indices, commodities, stocks and cryptocurrencies. The figure is practical for most forex and index traders. It is well short of the largest multi-asset brokers, some of which list more than 100 currency pairs on their own.

Forex, indices and commodities

The forex list covers the pairs most retail traders use, and it is offered as CFDs and spot forex rather than as currency options or futures. Index CFDs cover benchmarks such as the S&P 500, the DAX and the Dow Jones Industrial Average, which Tickmill quotes under the symbol US30. The symbol description in the watchlist states which index each contract tracks. Commodity CFDs span gold, silver, oil and agricultural products, and there is a set of thematic index CFDs as well.

If you are trading index CFDs such as US30, read the contract specification for that symbol before sizing a position. The value of one lot and of a one-point move is set per instrument. It is not standard across symbols, and it may differ between Tickmill’s account types and entities.

Stocks and ETFs

Tickmill does not offer share dealing or ETF investing. Stock exposure is limited to CFDs on US shares, roughly 500 of them, and they are available on MetaTrader 5 rather than MetaTrader 4. There are no ETF CFDs and no CFDs on non-US shares in the same lineup. A CFD gives you price exposure only: no ownership, no voting rights, and dividends handled as cash adjustments rather than paid as a shareholder would receive them. For anyone who wants to build a long-term equity portfolio, this is a real gap, and a separate stockbroker is the better tool.

Cryptocurrency CFDs

Tickmill offers around 15 crypto CFDs, a mix of established coins such as Bitcoin and Ethereum and a handful of smaller and meme tokens. They trade around the clock, seven days a week. You are trading a contract on the price, not the coin itself, so there is no wallet and no way to withdraw crypto from a position. UK rules bar any broker’s UK entity from offering crypto derivatives to retail clients, so these CFDs are unavailable to UK retail traders. Professional clients are exempt from that restriction. Weekend trading also means weekend price gaps and overnight financing can apply on days when forex markets are shut.

Futures and options

This is where Tickmill differs from many retail CFD brokers. Exchange-traded futures and options on CME Group products are available through the UK entity, using the dedicated Futures Account and platforms such as CQG, Agena Trader and Trading Technologies’ TT. Unlike CFDs, these are listed contracts that clear through the exchange, with exchange-set contract sizes and margins. The service is tied to Tickmill UK Ltd, so traders outside the UK entity’s reach should not expect it.

Leverage

Maximum leverage depends on three things: your country of residence, the entity holding your account, and whether you are classed as retail or professional. Under UK and EU rules, retail leverage on major currency pairs is capped at 30:1, with lower caps on minors, indices, commodities, individual stocks and crypto. Tickmill’s 1:1000 maximum applies only through the Seychelles entity and only to certain instruments.

Leverage at that level compresses the distance between an ordinary market move and a margin call. At 1:1000, a one-standard-lot EUR/USD position worth about $100,000 needs roughly $100 of margin. A move of about 10 pips against you then costs the same $100, before spread and commission. That arithmetic holds at any broker. A position size calculator that sizes from your stop distance and risk per trade is a more useful control than the leverage setting itself.

Tickmill fees

Price is the main reason traders consider Tickmill, and the structure is straightforward. Retail traders choose between a spread-only account and a commission-based account. The difference is entirely in how the cost of each trade is charged.

Classic Account versus Raw Account

Classic Account. No commission is charged. The entire trading cost is built into the spread, the gap between the bid and ask price. This keeps the cost visible on the quote but makes it wider. An independent measurement averaged about 1.7 pips on EUR/USD for this account, which is higher than the tightest spread-only pricing elsewhere. Spreads are variable rather than fixed, so they widen around news releases, rollover and thin liquidity.

Raw Account. Spreads sit much closer to the underlying interbank quote, and a separate commission of $3 per lot per side applies. “Per side” means the commission is charged on opening and again on closing. A full round trip on one standard lot therefore costs $6 in commission, plus whatever spread you cross. This is the account behind Tickmill’s lowest all-in cost of 0.60 pips on EUR/USD.

The commission is quoted per lot, so it scales with position size. A mini lot (0.1) carries a tenth of the standard-lot commission per side, and a micro lot (0.01) carries a hundredth.

Worked example: comparing the two accounts

The arithmetic below shows how to compare a spread-only account with a commission account on equal terms. The spreads are hypothetical, chosen to show the mechanics. They are not Tickmill’s quotes.

Assumptions: EUR/USD, one standard lot (100,000 euros), a USD-denominated account. On EUR/USD a one-pip move in a standard lot is worth $10.

• Hypothetical Classic trade: 1.6-pip spread, no commission. Cost = 1.6 × $10 = $16 per round trip.
• Hypothetical Raw trade: 0.1-pip spread plus $3 per side. Spread cost = 0.1 × $10 = $1. Commission = $3 × 2 = $6. Total = $7 per round trip.

To convert the Raw commission into pips, divide the round-trip commission by the pip value. Here $6 ÷ $10 = 0.6 pips. The all-in cost in pips is the raw spread plus 0.6. The comparison then comes down to one question: is the Classic spread wider than the Raw spread by more than 0.6 pips on the pair and at the time you trade? On liquid majors during active hours, a commission account usually comes out ahead on that test. On less liquid pairs, or for very small and infrequent trades, the gap narrows.

Two cautions apply. First, a pip is worth $10 per standard lot only when the US dollar is the quote currency. On pairs such as USD/JPY or EUR/GBP, the pip value depends on the exchange rate, so the commission’s pip equivalent changes too. Second, these are opening and closing costs only. Overnight financing is separate.

TradingView Raw Account

Tickmill runs a dedicated TradingView Raw Account for traders who place orders directly from TradingView. It uses the same raw-spread pricing as the standard Raw Account, with a slightly higher commission of $3.50 per side, or $7 per round trip per standard lot. Under the same EUR/USD assumptions, that is a 0.7-pip commission equivalent, compared with 0.6 pips on the standard Raw Account. The extra 0.1 pips is the price of trading inside TradingView rather than through MetaTrader.

Futures Account

The Futures Account is the vehicle for exchange-traded futures and options through the UK entity. Its costs follow futures conventions: per-contract commissions, exchange and clearing fees, and market data charges. The forex-style pip calculations above do not apply to it. Check the UK entity’s futures fee schedule for the specific contracts you plan to trade.

Overnight financing and the Islamic account

Positions held past the daily rollover pay or earn a swap, an overnight financing adjustment. It reflects the interest-rate differential between the two currencies, or the financing rate on an index, commodity or stock CFD, adjusted by the broker’s markup. Depending on direction and rates, the swap can be a cost or a small credit. It usually triples once a week to account for the weekend. For positions held days or weeks, swaps can outweigh the spread and commission, so the instrument’s swap rates in the platform matter more than the headline trading cost.

Tickmill offers an Islamic, swap-free account for traders who need a Sharia-compliant setup. These accounts remove overnight interest charges. Brokers that offer them generally apply other terms in place of swaps, such as limits on holding periods or an administrative fee on some instruments. Read Tickmill’s swap-free terms for your entity before relying on the account for longer holds.

Non-trading fees

Non-trading costs are light:

• Deposits and withdrawals: Tickmill charges $0 on both. Fees can still arise from intermediary or correspondent banks on international wires, or from eWallet providers on their side of the transfer.
• Inactivity: no inactivity fee.
• Currency conversion: if you fund in a currency other than your account currency, a conversion spread can apply at the bank, card issuer or eWallet. Opening the account in the currency you deposit in avoids paying it twice.

The discontinued VIP account

Tickmill previously ran a VIP account that required a $50,000 balance and cut the commission to $1 per side. That tier has been retired, and there is no active-trader rebate program in its place. For most retail traders this changes nothing. For high-volume traders, it removes the best pricing Tickmill used to offer, and their per-lot cost is now the same as everyone else’s on the Raw Account.

Deposits and withdrawals

Tickmill supports the following funding methods:

• Bank wire
• Debit and credit cards
• PayPal
• Skrill
• Neteller
• Cryptocurrency transfers

Apple Pay, Google Pay and non-wire domestic bank transfers are not offered. The methods available to you depend on your entity and country. PayPal, for example, is not offered in every jurisdiction where Tickmill operates.

Withdrawals are requested through the client portal. Brokers regulated under anti-money-laundering rules generally send withdrawals back to the source of the deposit first, up to the amount deposited by that method. Any balance beyond that usually goes by bank wire. Expect to complete identity verification before your first withdrawal, and allow for the processing time of your bank or eWallet as well as the broker’s own processing. Crypto deposits are converted into the account’s fiat currency for trading. Tickmill does not offer wallet-to-wallet crypto transfers within the account.

Trading platforms

Tickmill gives traders a real choice of platforms. The core lineup is the full MetaTrader suite, the proprietary Tickmill Trader web platform, TradingView in selected regions, and a set of professional futures platforms for UK clients. There is no proprietary desktop application, and cTrader is not offered.

MetaTrader 4 and MetaTrader 5

For most Tickmill clients, MetaTrader is the main working environment. Tickmill provides the standard MetaQuotes builds, branded with its logo, for Windows, Mac, web and mobile. Both versions run on the Classic and Raw accounts.

The two versions are not interchangeable at Tickmill:

• MetaTrader 5 carries the wider instrument range, including the roughly 500 US stock CFDs. It also adds more timeframes, a depth-of-market view and a multi-threaded strategy tester.
• MetaTrader 4 is more limited in instruments but remains the standard for a large library of existing Expert Advisors and indicators written in MQL4.

If you rely on an existing MT4 Expert Advisor, check that the instruments it trades are offered on MT4 at Tickmill before choosing the platform. If you want stock CFDs, you need MT5.

Automated trading runs through Expert Advisors in MetaTrader. Tickmill adds two plugin layers on top of the default platform:

• FX Blue’s Advanced Trading Toolkit adds tools such as a trade terminal with extended order handling, correlation and session tools, alarms and a trading journal-style analysis.
• Acuity plugins bring news and sentiment data into the platform.

VPS hosting

Tickmill partners with BeeksFX to offer virtual private server hosting at a 20% discount. A VPS keeps MetaTrader running continuously on a server located near the trading infrastructure. That matters for Expert Advisors that must run when your own computer is off, and for strategies where latency affects fills. For a manual trader who places a few orders a week, a VPS adds cost without much benefit.

Tickmill Trader

Tickmill Trader is the proprietary web platform, built on the DXtrade technology. It is modular. You can build custom workspaces, choose and resize widgets, detach windows across multiple monitors, and save the layout. Its most useful feature is module linking: connect a watchlist widget to a chart, and the chart switches symbol whenever you click a different instrument in the list. That takes some setup but speeds up scanning markets considerably.

Charts carry 97 indicators and more than a dozen drawing tools, with sensible Fibonacci defaults. You can trade from the chart. Stop-loss and take-profit levels need one extra click to attach, after which they can be dragged to a new price. The weak points:

• Limited timeframes. The web platform offers only nine chart granularities, with just two hourly options.
• No trailing stops. OCO orders are in the ticket, but trailing stops are not.
• No price alerts.
• No algorithmic trading or backtesting. Automated strategies belong in MetaTrader.
• No trading journal. A Trading Dashboard reports performance metrics such as average holding time and overall return.

There have also been reports of indicators failing to render on the chart despite correct settings.

Availability is the bigger qualification. Tickmill Trader is offered through the Seychelles entity, so whether you can use it depends on your country of residence. UK and EU clients should expect to work in MetaTrader or TradingView instead.

TradingView

TradingView is available as a standalone platform in selected regions. Orders are routed through the dedicated TradingView Raw Account with its $3.50-per-side commission. For traders who already chart in TradingView, this removes the need to switch to another platform to execute. The trade-off is the higher commission and TradingView’s native order handling in place of MetaTrader’s Expert Advisors.

Futures platforms (UK)

UK clients using the Futures Account can trade through CQG, Agena Trader and Trading Technologies’ TT. These are professional-grade platforms with features such as depth of market, spread trading and advanced order types that suit exchange-traded futures. Each may carry its own platform or data fees separate from Tickmill’s commissions.

API access and third-party integrations

Tickmill does not offer a public trading API for building your own execution software. Instead, it integrates with nine specialty platform providers, including MultiCharts, MotiveWave and Sierra Chart. That gives traders who use those packages a route to Tickmill’s pricing without writing to a broker API directly. For custom automation, the practical options are MQL4 and MQL5 inside MetaTrader, or the scripting environment of one of the supported third-party platforms.

Order types

Across the platforms, the following order types are available:

The absence of guaranteed stops matters most for traders who hold through weekends or major announcements. A standard stop becomes a market order once triggered, so in a fast market or a price gap it fills at the next available price. That fill can be well beyond the stop level. The trigger price is not the fill price, and position sizing should allow for that slippage on volatile instruments.

Mobile trading

On mobile, the choice is between the MetaTrader 4 and 5 apps, available globally, and the Tickmill Trader app, which follows the web platform’s regional limits through the Seychelles entity.

The MetaTrader apps are the standard MetaQuotes releases. They offer multi-timeframe charting, technical indicators, and full order entry and management for your Tickmill account, and anyone who already knows MetaTrader mobile will find them familiar.

The Tickmill Trader app, also built on DXtrade, is modern and quick to learn:

• Navigation. Five tabs along the bottom: Home, Watchlists, Portfolio, Search and a menu. There is no one-tap trading. An order takes two taps from a chart or three from a watchlist. Personalization is limited to a short settings menu covering password, history and statements.
• Charting. Charts are powered by TradingView, with 97 indicators and dozens of drawing tools, including Elliott wave patterns, channels, pitchforks and Fibonacci levels. Only ten timeframes are available, with intervals such as the 10-minute and sub-minute options greyed out. Custom watchlists sync across devices, but chart drawings and indicators do not save between sessions or devices.
• Order ticket. Clean and easy to use. Stop-loss and take-profit toggle on with one tap, and switching order type takes two. OCO orders are supported. Trailing stops are not, and there is no risk-reward display.
• Alerts and discovery. The app has no price alerts, screeners or volatility tools. The search bar is basic, without smart matching for common symbols, though it keeps recent searches. Public watchlists are available, but copying one into your own list is clumsy and can rename it unexpectedly.
• Accounts. You cannot switch between demo and live accounts inside the app. Each needs separate credentials from the client portal. Performance analytics are web-only.

The missing price alerts are the most practical gap for anyone managing positions away from a desk. A trader who depends on mobile alerts would be better served by the MetaTrader app’s push notifications or by TradingView alerts.

Research

Tickmill’s research combines strong third-party tools with thin in-house content. The proprietary Tickmill Trader platform shows no news headlines, which leaves it behind the MetaTrader and TradingView setups, where news and plugins can be added.

Calendars. The economic calendar, powered by Acuity, is a strong one. It shows impact severity, forecast versus actual figures, country flags and filters. The same engine runs a corporate calendar covering earnings, dividends, stock splits, IPOs and mergers, with earnings history and surprise data. Macro research reports and company financial statements are not provided.

Market analysis. Tickmill’s analysts, including Patrick Munnelly, James Harte and Desmond Leong, publish daily commentary on the broker’s blog. A weekly market video is hosted by Patrick Munnelly. The video format is mostly a screen-share without a presenter, competent but plain. The Institutional Insights series summarizes outlooks from investment banks such as Goldman Sachs, a perspective few retail brokers provide. Some of these articles have displayed formatting errors.

Signals and sentiment. Trading signals come through Acuity’s Signal Centre module in the client portal, with signals supplied by PIA First, an FCA-regulated signals provider. Sentiment readings are available through TradingView and an Acuity widget. Tickmill does not publish its own figures for the share of clients long or short each instrument, which some rivals offer.

What is missing. Autochartist, Trading Central and TipRanks are not part of the offer. Several in-house series have stalled. Livestreams have not resumed in many months, the Bright Minds and T-Show podcasts appear to be discontinued, and the newer Trader’s Clinic series has not been updated for a long stretch.

Education

Tickmill’s education has good components, but they are spread across the main website, a separate education hub and regional YouTube channels. What you see can depend on your region.

Structured courses. The standout is a set of three courses produced with the London Stock Exchange and Knightsbridge Trading Academy:

1. A beginner introduction to trading.
2. An intermediate master trader program.
3. An advanced track.

Together they run to about 28 hours, with built-in quizzes. They are CPD-accredited and free with an active live account. Beyond these three, structured learning is thin. There is no multi-asset curriculum with progress tracking, as some larger brokers provide.

Education Hub. The hub focuses on futures and options, with CME Group content organized into video playlists. That fits the UK futures offer but does little for a forex CFD trader starting out.

Videos. Short explainers on the main site are basic, closer to animated overviews than lessons. The YouTube channels hold the real depth: a large archive going back more than a decade, split across regional and language-specific channels, with beginner and advanced material and recurring webinars.

In-platform guidance. Contextual help is light. The trade ticket has no tooltips, but its error messages flag problems such as an invalid stop-loss or an oversized order. Every watchlist row carries a short instrument description. The mobile app has no education section.

Written material. The weakest area. The in-house analysts write a lot, but their output is market commentary rather than teaching content. Platform tutorials for MetaTrader and Tickmill Trader exist across iOS, Android and web, but they are short and scattered rather than collected in one place.

Newer traders can use a demo account to learn order entry and stop placement before risking money. Demo fills do not reproduce live slippage, and a demo account does not test how you react to real losses.

Risks to weigh before opening an account

CFD losses. CFDs are leveraged products, and most retail CFD accounts lose money. Tickmill’s mandatory risk warning for its regulated entities has put the share of its retail accounts that lose money at 73%. Regulated brokers revise that figure periodically, so check the current warning on your entity’s site.

Entity risk. A client of the Seychelles entity trades without the UK or EU compensation schemes, the retail negative balance requirement and the mandatory retail leverage caps.

Leverage risk. The 1:1000 maximum is a ceiling, not a recommendation. The higher the leverage, the smaller the adverse move needed to trigger a margin close-out. Close-outs are triggered by equity (balance plus or minus open profit and loss), not by the balance you deposited.

Execution risk. Without guaranteed stops, gaps over weekends or around major releases can fill stops well beyond their set levels. Variable spreads also widen at rollover and around news, which affects both Classic and Raw accounts.

How we checked Tickmill

On 13 November 2026 we opened tickmill.com from Tallinn, Estonia, and the site sent us straight to its EU version. Halfway down the homepage we found three licence references: European Union Licence No. 278/15, South Africa FSP No. 49464 and Seychelles Licence No. SD008. The footer named Tickmill Europe Ltd as the firm regulated by the Cyprus Securities and Exchange Commission. It also carried the warning that 74% of retail investor accounts lose money when trading CFDs with Tickmill Europe Ltd. We then clicked “Group Licenses and Regulation” in the footer, and that page lists the FCA reference 717270.

The published prices fit the shape of this review. The homepage quoted Raw spreads from 0.0 pips with commissions of $3 per lot per side, and Classic spreads from 1.6 pips with zero commissions. On the forex tile, leverage was shown as up to 1:30. The accounts overview gave a minimum deposit of $100. The EU site says the Investor Compensation Fund covers 90% of an eligible client’s claim up to a maximum of 20 000 euros, and the trading costs page confirms an Islamic, swap-free option. One catch: the demo account page sat behind a login wall.

Next came the registers. The FCA Financial Services Register lists TICKMILL UK LTD under 717270 as Authorised since 29/07/2016. Companies House shows TICKMILL UK LTD, number 09592225, as Active, incorporated 14 May 2015. On the DFSA Public Register, Tickmill UK Ltd appears under F007663 as an Authorised Firm since 22-Mar-2023. CySEC’s list of Cypriot investment firms, dated 04 May 2026, includes Tickmill Europe Ltd with licence 278/15, licensed 05/08/2015. FSA Seychelles lists Tickmill Ltd as a securities dealer. That public list shows no licence numbers, so SD008 could not be matched. For the South African licence we could not complete the check.

On Trustpilot, read 13 November 2026, Tickmill scored 2.2/5 from 1,209 reviews. The Wayback Machine’s first capture of the domain dates from 2015-01-04. We did not open an account or trade, so the spread and cost figures in this review are published numbers, not costs we paid ourselves.

Who Tickmill may suit

A cost-focused, active forex or index trader who works in MetaTrader. The Raw account’s commission model, the full MT4 and MT5 suite, FX Blue tools and discounted VPS hosting suit this trader. Tickmill’s standing among MetaTrader and algorithmic trading brokers rests on that combination.

A TradingView user. The dedicated TradingView Raw Account lets them execute without leaving the platform, at a 0.1-pip-equivalent premium over the standard Raw commission.

A UK trader who wants listed futures and options. The UK entity offers CME Group products through professional platforms, which is unusual among CFD-focused brokers.

Tickmill is a weaker fit for:

• Investors who want to own shares or ETFs.
• Traders who want a very broad multi-asset list.
• Beginners looking for a single structured learning path inside the app.
• Anyone who wants a proprietary platform with trailing stops and price alerts.