HYCM 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 HYCM and Tickmill
Broker | HYCM | Tickmill |
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Rating | 4.2/5 | 4.5/5 |
Foundation Year | 1976 | 2013 |
Regulated in Countries | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
Minimum Deposit |
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Spread | from 0.1 points | from 0 points |
Max Leverage | 1:500 | 1:1000 |
Trading Assets (CFDs) |
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Trading Platforms |
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Review | HYCM Review | Tickmill Review |
Broker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.
Tickmill is suitable for beginners due to accessible educational materials and for experienced traders who value low trading commissions and stable platforms.
HYCM Review

HYCM is one of the Forex and CFD market leaders whose reputation is backed by strict regulation by major financial authorities such as the FCA, CySEC and DFSA. This ensures high protection of the client's funds and compliance with regulatory standards. The broker offers a wide range of trading platforms, including MetaTrader 4 and MetaTrader 5, recognized as some of the most reliable and functional in the industry. The variety of trading instruments available allows you to create a diverse investment portfolio, while a rich selection of educational resources supports traders at all stages of their professional development.
HYCM will be most suitable for traders looking for reliability and diversity in the toolkit without worrying about high commissions and a lack of innovative platforms. This broker is ideal for experienced traders who can use the analytical and educational resources provided to improve their trading strategies.
Pros and Cons of HYCM
Pros
- Well-regulated broker.
- An extensive set of educational materials.
- Diversity of trading assets.
Cons
- Absence of proprietary trading platform.
- No social trading.
HYCM 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 | HYCM | Tickmill |
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Reliability | 5/5 | 5/5 |
Foundation Year | 1976 | 2013 |
Regulated in Countries | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
Regulators | FCA FCA CySEC CySEC CIMA CIMA SVGFSA SVGFSA DFSA DFSA | FCA FCA CySEC CySEC FSCA FSCA SFSA SFSA - LFSA LFSA |
HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
Tickmill
Tickmill's reliability is confirmed by its regulation by leading international organizations and licensing by the relevant governmental bodies.
Account Opening
Broker | HYCM | Tickmill |
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Account Opening | 4.5/5 | 4.3/5 |
Minimum Deposit |
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HYCM
The account opening process at HYCM is simple and convenient, ensuring a smooth start for traders. However, verification and financial profile completion may take time.
Pros
- Quick registration, taking less than 5 minutes.
- Straightforward and understandable registration process.
Cons
- Necessity to fill out a detailed financial profile.
- Minimum deposit of $100 may be high for beginners.
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 | HYCM | Tickmill |
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Account Types | 3.5/5 | 4/5 |
Trading Accounts |
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Minimum Deposit |
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Spread | from 0.1 points | from 0 points |
Max Leverage | 1:500 | 1:1000 |
Trading Assets (CFDs) |
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Trading Platforms |
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Demo Account | ||
Swap-free Account |
HYCM
HYCM offers a variety of trading accounts suitable for different levels of experience, but some account types are missing.
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 | HYCM | Tickmill |
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Commissions | 3/5 | 3.5/5 |
Spread | from 0.1 points | from 0 points |
Average Spread (EURUSD) | 1.5 | 1.6 |
Commission per Lot | $4 | $3 |
HYCM
HYCM charges average trading fees and an account inactivity fee.
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 | HYCM | Tickmill |
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Rating | 5/5 | 5/5 |
Account Funding Methods |
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HYCM
HYCM offers a flexible and cost-effective approach to account funding and withdrawal of funds.
Tickmill
Tickmill provides a wide choice of deposit and withdrawal methods without charging fees, ensuring high-speed processing of transactions.
Markets and Products
Broker | HYCM | Tickmill |
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Markets and Products | 5/5 | 5/5 |
Forex | 72 | 62 |
Precious Metals | 5 | 4 |
Energy Carriers | 3 | 2 |
Soft Commodities | 4 | 2 |
Indices | 27 | 23 |
Stocks | 1080 | 489 |
Cryptocurrency | 28 | 9 |
ETF | - | 23 |
Bonds | - | 4 |
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
Tickmill
Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.
Trading Platforms
Broker | HYCM | Tickmill |
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Rating | 4/5 | 5/5 |
Trading Platforms |
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HYCM
HYCM offers reliable and functional trading platforms MT4 and MT5, available on various devices and supporting automated trading.
Pros
- Availability of popular and functional platforms MT4 and MT5.
- Extensive capabilities for technical analysis and automated trading.
- Support for many devices, including desktop computers and mobile devices.
Cons
- Lack of a proprietary unique platform.
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 | HYCM | Tickmill |
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Rating | 4/5 | 5/5 |
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
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 | HYCM | Tickmill |
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Rating | 4.5/5 | 5/5 |
HYCM
HYCM's educational materials cover a wide range of topics and are available in various formats, making them useful for traders of different levels.
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 | HYCM | Tickmill |
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Rating | 4/5 | 4/5 |
Email Support |
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Hotline Phones |
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Social Media |
HYCM
HYCM provides efficient and professional technical support, with some nuances.
Pros
- A sufficiently broad range of communication channels.
- Quick and professional response.
- Positive client reviews.
Cons
- Lack of 24/7 support.
- Can only call an international phone number.
- Absence of messenger services among communication channels.
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.