FXTM vs Tickmill Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FXTM or Tickmill?
Our pick: Tickmill
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Tickmill looks preferable to FXTM.
Tickmill scored 4.5/5 and ranks 11 in our all Forex brokers list, whereas FXTM has 4.1/5 and ranks 45.
This is not financial advice. See the full comparison below.
Who is FXTM suitable for?
Broker FXTM is suitable for traders looking for a variety of trading instruments and accounts, but who are willing to tolerate some shortcomings in support and wide spreads.
Who is Tickmill suitable for?
Tickmill is suitable for beginners due to accessible educational materials and for experienced traders who value low trading commissions and stable platforms.
Comparison Table of FXTM and Tickmill
| Broker | FXTM | Tickmill |
|---|---|---|
| Rating | 4.1/5 | 4.5/5 |
| Foundation Year | 2011 | 2013 |
| Regulated in Countries | Cyprus, United Kingdom, Mauritius, Kenya | United Kingdom, Cyprus, South Africa, Seychelles |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FXTM Review | Tickmill Review |
FXTM Review
FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.
FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.
Pros and Cons of FXTM
Pros
- A wide range of trading assets.
- Low fee per transaction.
- Availability of popular trading platforms.
- Availability of educational materials.
- A variety of deposit and withdrawal methods.
Cons
- Issues with technical support.
- High spreads.
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 | FXTM | Tickmill |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2011 | 2013 |
| Regulated in Countries | Cyprus, United Kingdom, Mauritius, Kenya | United Kingdom, Cyprus, South Africa, Seychelles |
| Regulators |
FXTM
Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.
Pros
- Regulation by authoritative bodies (CySEC, FCA).
- Membership in the Financial Commission.
- Presence of a Compensation Fund.
Tickmill
Tickmill's reliability is confirmed by its regulation by leading international organizations and licensing by the relevant governmental bodies.
Account Opening
| Broker | FXTM | Tickmill |
|---|---|---|
| Account Opening | 5/5 | 4.3/5 |
| Minimum Deposit |
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|
FXTM
Opening an account with FXTM is a simple and fast process.
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 | FXTM | Tickmill |
|---|---|---|
| Account Types | 4.5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FXTM
FXTM offers a variety of accounts and services, meeting the needs of different traders.
Pros
- Wide selection of account types.
- Additional services such as VPS.
- Suitable for traders of different levels.
Cons
- Lack of fixed spread accounts.
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 | FXTM | Tickmill |
|---|---|---|
| Commissions | 3/5 | 3.5/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 1.6 | |
| Commission per Lot | $2.16 | $3 |
FXTM
FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.
Pros
- Low per-trade commission.
Cons
- High spreads.
- Inactivity fee for account.
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 | FXTM | Tickmill |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Account Funding Methods |
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FXTM
FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.
Pros
- Numerous available methods.
- Instant fund crediting.
- Most operations without commission.
Cons
- May have withdrawal fees.
- Possible processing time restrictions.
Tickmill
Tickmill provides a wide choice of deposit and withdrawal methods without charging fees, ensuring high-speed processing of transactions.
Markets and Products
| Broker | FXTM | Tickmill |
|---|---|---|
| Markets and Products | 4.6/5 | 5/5 |
| Forex | 48 | 62 |
| Precious Metals | 3 | 4 |
| Energy Carriers | 3 | 2 |
| Indices | 13 | 23 |
| Stocks | 640 | 489 |
| Cryptocurrency | 11 | 9 |
| Soft Commodities | - | 2 |
| ETF | - | 23 |
| Bonds | - | 4 |
FXTM
FXTM offers a variety of markets.
Pros
- Ability to invest in US stocks.
- Large number of CFDs for trading.
Cons
- No soft commodities.
Tickmill
Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.
Trading Platforms
| Broker | FXTM | Tickmill |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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FXTM
The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.
Pros
- Availability on various devices (Windows, Android, iOS).
- Support for automated trading.
- Ability to choose between MT4 and MT5.
Cons
- Lack of a proprietary unique platform.
- Web version only available for MT4.
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 | FXTM | Tickmill |
|---|---|---|
| Rating | 4/5 | 5/5 |
FXTM
The broker offers a strong analytical section.
Pros
- Daily automated trading signals.
- Economic calendar in the personal account.
- A variety of tools for analysis.
Cons
- Outdated video reviews.
- Lack of regular analytical updates from experts.
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 | FXTM | Tickmill |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
FXTM
The broker's educational materials are of average quality with diverse content.
Pros
- Diversity of materials (videos, books).
- Useful for traders of different levels.
Cons
- Outdated webinars.
- Irrelevance of some materials.
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 | FXTM | Tickmill |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Messenger
LinkedIn
Telegram
Skype
Twitter
Viber
YouTube
Whatsapp
Facebook
Instagram
VKFXTM
FXTM's customer support offers various channels of communication, but reviews about it are mixed.
Pros
- Variety of communication channels.
- There are positive customer reviews.
Cons
- Delays in responses.
- There are ambiguous customer reviews.
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.
Comparisons of FXTM and Tickmill with other brokers
Conclusion
Tickmill stands out as the better overall pick, while FXTM trails on aggregate criteria.
Tickmill scored 4.5/5 and ranks 11 in our rating; FXTM has 4.1/5 and ranks 45.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FXTM or Tickmill?
Tickmill comes out ahead by overall rank (score 4.5/5, position 11) versus FXTM (score 4.1/5, position 45).
Which broker is better for beginners: FXTM or Tickmill?
Tickmill is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — FXTM or Tickmill?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FXTM and Tickmill?
FXTM: MetaTrader 4, MetaTrader 5. Tickmill: MetaTrader 4, MetaTrader 5, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with FXTM and Tickmill?
FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Tickmill: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FXTM and Tickmill?
FXTM: Micro, Advantage, Advantage Plus. Tickmill: Classic, Raw. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FXTM and Tickmill?
FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, Perfect Money, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. Tickmill: Neteller, Skrill, PayPal, WebMoney, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — FXTM or Tickmill — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
