FP Markets vs Tickmill Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of FP Markets and Tickmill
| Broker | FP Markets | Tickmill |
|---|---|---|
| Rating | 4.7/5 | 4.5/5 |
| Foundation Year | 2005 | 2013 |
| Regulated in Countries | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | FP Markets Review | Tickmill Review |
FP Markets is optimal for scalpers and algorithmic traders with ECN spreads of 0 pips, active Forex traders, as well as investors interested in copy trading and DMA stocks.
Tickmill is suitable for beginners due to accessible educational materials and for experienced traders who value low trading commissions and stable platforms.
FP Markets Review
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
FP Markets is in the top 10 of the following ratings:
Tickmill Review
Tickmill offers high-quality services and conditions for trading on the international Forex market. With reliable regulation, access to popular trading platforms, and comprehensive educational and analytical materials, Tickmill becomes an attractive choice for traders of different experience levels.
The broker is suitable for novice traders, thanks to accessible educational materials and the ease of opening an account, as well as for experienced traders who value low spreads, platform stability, and a variety of trading instruments.
Pros and Cons of Tickmill
Pros
- Low trading fees.
- Variety of trading platforms.
- Extensive library of educational materials and analytical tools.
Cons
- Not enough different types of trading accounts.
Tickmill is in the top 10 of the following ratings:
Reliability
| Broker | FP Markets | Tickmill |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2005 | 2013 |
| Regulated in Countries | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
| Regulators | ASIC ASIC CySEC CySEC FSCA FSCA SVGFSA SVGFSA SFSA SFSA | FCA FCA CySEC CySEC FSCA FSCA SFSA SFSA - LFSA LFSA |
FP Markets
Multi-tier licenses from ASIC, CySEC and FSCA, fund segregation, and a spotless regulatory history make FP Markets a reliable partner.
Pros
- Tier-1/Tier-2 licenses (ASIC, CySEC)
- Funds held in AA bank accounts, negative balance protection
- Independent order execution audits
Tickmill
Tickmill's reliability is confirmed by its regulation by leading international organizations and licensing by the relevant governmental bodies.
Account Opening
| Broker | FP Markets | Tickmill |
|---|---|---|
| Account Opening | 5/5 | 4.3/5 |
| Minimum Deposit |
|
|
FP Markets
Opening an account completely online: registration in up to 5 minutes, verification within an hour, minimum deposit of 100 AUD — you can start trading on the same day.
Pros
- Fast registration and KYC
- Verification in less than one business day
- Commission-free deposit starting from 100 AUD
Tickmill
Opening an account with Tickmill is a straightforward and relatively quick process, but it does require document verification.
Pros
- Ease of understanding the process.
- Detailed instructions at each step.
Cons
- The verification process can take up to 24 business hours.
- The minimum deposit of $100 may be high for beginners.
Account Types
| Broker | FP Markets | Tickmill |
|---|---|---|
| Account Types | 4.3/5 | 4/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
FP Markets
The FP Markets account lineup is nearly universal — RAW, Standard, Islamic, Iress DMA, demo, and copy trading services meet the needs of most traders, all starting from 100 AUD.
Pros
- Accounts suitable for every trading style
- Free VPS and copy trading
Cons
- No cent/micro account
Tickmill
Tickmill offers a flexible selection of accounts, satisfying different categories of traders. However, the absence of certain types of accounts may limit options.
Pros
- The presence of an Islamic account that adheres to Sharia principles.
- Availability of a free demo account.
- The ability to copy trades of successful traders.
Cons
- Lack of cent accounts.
- Fixed spread accounts are not offered.
Commissions
| Broker | FP Markets | Tickmill |
|---|---|---|
| Commissions | 4/5 | 3.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | 1.6 |
| Commission per Lot | $3 | $3 |
FP Markets
Transparent pricing: an average ECN commission of $6 per lot, market spreads of ≈1.2 pips on the Standard account, free deposits, and no inactivity charges make the conditions attractive for most traders.
Pros
- No fees for deposits and withdrawals
- No account inactivity fees
Cons
- The Standard account does not offer ultra-narrow spreads
Tickmill
Tickmill offers competitive conditions with average commissions, which is pleasantly surprising with the absence of fees for deposits and withdrawals.
Deposit and Withdrawal
| Broker | FP Markets | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
|
|
FP Markets
You can fund your account instantly and commission-free via any convenient method, and withdrawals are processed within one business day.
Pros
- 0% commission on all deposits
- Cards, e-wallets, crypto, local banks
- Withdrawals processed in less than one business day
Cons
- 0.5–1% commission on currency conversion
Tickmill
Tickmill provides a wide choice of deposit and withdrawal methods without charging fees, ensuring high-speed processing of transactions.
Markets and Products
| Broker | FP Markets | Tickmill |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 81 | 62 |
| Precious Metals | 17 | 4 |
| Energy Carriers | 5 | 2 |
| Soft Commodities | 7 | 2 |
| Indices | 18 | 23 |
| Stocks | 566 | 489 |
| ETF | 58 | 23 |
| Bonds | 2 | 4 |
| Cryptocurrency | 12 | 9 |
FP Markets
The FP Markets range covers 700+ CFDs — from 80 currency pairs to DMA stocks on Iress, making portfolio diversification relatively straightforward.
Pros
- 80+ currency pairs, metals, indices, soft commodities
- 500+ CFDs on stocks from Europe, the UK, and the USA
- Leverage up to 1:500 for professional clients
Tickmill
Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.
Trading Platforms
| Broker | FP Markets | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
|
|
FP Markets
MT4/5, cTrader, TradingView, and Iress provide FP Markets with an almost complete arsenal: from algorithmic trading to DMA stocks. The versatility and fast NY4 connectivity put FP Markets’ platform suite among the best.
Pros
- 4 platforms, including TradingView and Iress DMA
- Execution ≈ 0.02 sec on NY4, supports bots and API
- Mobile and web versions of MT4/5 plus a proprietary application
Cons
- Iress is fee-based without turnover ≥150 AUD
- No browser-based cTrader Web
Tickmill
Tickmill offers proven MT4 and MT5 terminals, its mobile app, integration with TradingView, and an innovative platform for automatic trade copying - Pelican Trading.
Pros
- Reliable and functional MetaTrader 4 and 5 platforms and integration with TradingView.
- Mobile app for trading on the go.
- An interesting solution for automatic trade copying with Pelican Trading.
Analytics
| Broker | FP Markets | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
FP Markets
FP Markets offers a rich analytics suite — Trading Central, Autochartist, Traders Toolbox, TradeMedic, and a daily blog — which covers technical, fundamental, and behavioral analysis; access to some tools requires a deposit/trading volume.
Pros
- Trading Central and Autochartist with alerts
- 12-module Traders Toolbox + TradeMedic
- Economic calendar and daily trading ideas
Cons
- Paid access required for some analytics
Tickmill
Tickmill offers extensive analytical tools, including regular reviews, Autochartist, and the Signal Centre tool.
Pros
- Daily fundamental and technical analytical reviews.
- Useful analysis tools such as Autochartist and Signal Centre.
- Market sentiment information and handy Forex calculators.
Education
| Broker | FP Markets | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
FP Markets
FP Markets offers courses, webinars, podcasts, and e-books ranging from basic to advanced, making its educational resources nearly universal.
Pros
- Regular webinars + an extensive video library
- Online courses for traders of various levels
- Numerous e-books
Tickmill
Tickmill provides a comprehensive package of educational materials, including webinars, seminars, eBooks, video tutorials, and a blog.
Pros
- A wide variety of learning formats to suit different trader preferences.
- Periodic webinars and seminars with experts for in-depth understanding of trading.
- Regularly updated analytical and educational materials in the blog.
Customer Support
| Broker | FP Markets | Tickmill |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Facebook
Twitter
Instagram
LinkedIn
YouTube
Telegram
Whatsapp
VKFP Markets
FP Markets’ customer support responds within seconds, operates 24/7, and usually resolves issues on the first contact.
Pros
- 24/7 support
- Multiple support channels
- High support rating
Tickmill
Tickmill's technical support is high quality, available through various channels, and provides timely responses.
Pros
- Email inquiries responded to within 24 hours.
- Professionalism and competence of staff.
Cons
- Support is not available 24/7.
- Can only call an international phone number.
- Messengers are not among the communication channels.
