Tickmill is a specialist ECN/STP broker that provides an "institutional-grade" environment for retail traders. It doesn't have the flashiest proprietary apps, but it offers some of the lowest trading costs in the world for those using the Raw account.
Pros/Cons: Best-in-class commissions and regulation; however, the total number of tradeable assets is smaller than "super-market" brokers like Saxo or BlackBull.
Fees: Highly competitive. The Raw account is the industry gold standard for low-cost trading.
Account Opening: Fast and efficient with a $100 minimum deposit.
Instruments: Focused selection of 600+ CFDs, including Forex, Indices, and some Stocks/Crypto.
Platforms: Heavy focus on MetaTrader (MT4/MT5) and a world-class integration with TradingView.
Safety: Elite. Regulated by the FCA (UK), CySEC (Cyprus), and DFSA (Dubai).
Tickmill is famous for its aggressive pricing. If you are an active trader, this is where you save money.
- Raw Account: Spreads start at 0.0 pips. You pay a commission of $3 per side ($6 per round turn) per lot. This results in an all-in cost for EUR/USD that often sits around 0.6–0.7 pips.
- Classic Account: Zero commission, but the spreads are wider, typically starting at 1.6 pips.
- Non-Trading Fees: There are zero inactivity fees, zero account maintenance fees, and zero fees for deposits or withdrawals (for amounts over $100).
Tickmill keeps it simple. They aren't trying to be an "app for everything," so the onboarding is strictly professional.
- Minimum Deposit: $100 (or equivalent).
- The Process: Fully digital. You’ll need to pass a standard appropriateness test (to show you understand the risks of leverage) and upload the usual ID/Proof of Residency.
- Verification: Generally very fast—most accounts are approved within 24 business hours.
Tickmill is a "MetaTrader First" broker, but they have expanded their reach significantly.
- TradingView: You can now connect your Tickmill Raw account directly to TradingView. This is the preferred setup for most modern manual traders.
- MetaTrader (MT4/MT5): They offer the full suite with specialized "Tickmill Add-ons" (like the Sentiment Trader and Advanced Order Board).
- Tickmill Trader App: A functional mobile app for managing your account and placing simple trades on the go, though it lacks the depth of the desktop versions.
Tickmill is not a "superstore." They focus on the most liquid, high-volume markets.
- Forex: 60+ pairs, including all majors and a solid list of exotics.
- Indices & Oil: 15+ major global indices and WTI/Brent crude.
- Bonds: A rare addition for a CFD broker—you can trade German government bonds (Euro Bund, Bobl, Schatz).
- Stocks & Crypto: A growing list of stock CFDs (mostly US-based) and major cryptos like Bitcoin and Ethereum.
Tickmill is a global powerhouse when it comes to trust.
- Tier-1 Regulators: Authorized and regulated by the FCA (UK)—widely considered the world's strictest regulator.
- Global Footprint: They hold licenses from CySEC (Cyprus) for Europe, the FSCA (South Africa), and the DFSA (Dubai) for Middle Eastern clients.
- Financial Integrity: Client funds are segregated in Tier-1 banks, and UK clients are protected by the FSCS (up to £85,000) while European clients have ICF protection.
Tickmill is the best choice for the "High-Frequency Scalper" or "Algo Trader." If you use automated bots (EAs) or you place dozens of trades a day, the money you save on commissions at Tickmill will be significant over the course of a year.
Recommendation: A strong "Yes" for experienced traders or beginners who want to trade like professionals. If you need 20,000 different stocks to trade, look at Saxo; if you want the cheapest way to trade the S&P 500 or EUR/USD, Tickmill is a frontrunner.
If you decide to join, avoid the Classic account. Even if you’re a beginner, the $100 minimum is the same for the Raw account. Trading with a $6 round-turn commission and zero-pip spreads is significantly more efficient than paying a 1.6-pip spread. It teaches you the "real" price of the market from day one.
Yes, Tickmill is regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and the FSA (Seychelles), among others.
The minimum deposit for Tickmill is $100 on its Classic and Pro accounts.
Yes, Tickmill's Pro account offers raw spreads from 0.0 pips with a commission of $2 per side per lot, making it one of the most competitively priced brokers.
Tickmill supports MT4 and MT5, as well as a mobile trading app, catering to both manual and algorithmic traders.
Yes, Tickmill allows scalping and supports high-frequency trading strategies on all account types with no restrictions.