- EUR/USD cost0.7 pips
- RegulatorCySEC
- Min. deposit100 USD
Tickmill is a multi-regulated forex and CFD broker founded in 2014, best known for low trading costs on its Raw account and a no-dealing-desk (NDD) execution model. Whether you are a high-frequency algorithmic trader or a fundamental swing trader, Tickmill’s architecture is designed to minimize your transaction costs and maximize your edge.
In this comprehensive 2026 review, we analyze Tickmill’s entire offering for the global Forex market. We will explore its rigorous multi-jurisdictional regulations (including FCA and CySEC), breakdown the pricing structure of its popular Raw and Classic accounts, and evaluate its platform ecosystem, which now includes seamless TradingView integration alongside the classic MetaTrader suite.
Table of Contents
Tickmill Overview and Core Features
Tickmill is a multi-asset broker operating under a strict No Dealing Desk (NDD) model. By connecting clients directly to deep liquidity pools, the broker ensures rapid execution and minimal slippage.
| Feature | Details |
|---|---|
| Company Name | Tickmill UK Ltd (FCA 717270), Tickmill Europe Ltd (CySEC 278/15) and other Tickmill Group entities |
| Website | tickmill.com |
| Broker Type | NDD (No Dealing Desk) / STP |
| Maximum Leverage | 1:30 for retail clients (UK and EU); up to 1:500 for professional clients (EU) |
| Minimum Deposit | 100 in the account base currency (USD, EUR, GBP, PLN or CHF) |
| Negative Balance Protection | Yes (For Retail Clients) |
| Foundation Year | 2014 |
Global Regulation and Client Safety
Which Tickmill company you trade with depends on where you live — and it determines your leverage limits and investor protection.
- Financial Conduct Authority (FCA): Tickmill UK Ltd is authorized by the UK’s FCA (License No. 717270). UK client funds are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000.
- Cyprus Securities and Exchange Commission (CySEC): Tickmill Europe Ltd operates under CySEC (License No. 278/15), fully complying with MiFID II. Retail clients in the EU are covered by the Investor Compensation Fund (ICF) up to €20,000.
- Lloyd’s insurance (EU): Tickmill Europe Ltd insures client funds with Lloyd’s for €20,000 to €1,000,000 per client in case of the broker’s insolvency. The insurance does not replace the ICF.
- Other group entities: Tickmill Group also operates companies licensed in South Africa (FSCA), Seychelles (FSA) and Malaysia (Labuan FSA). They serve clients outside the UK and EU under different rules — often with higher leverage and without UK or EU investor compensation schemes — so always check which entity your account is opened with.
- Fund segregation & negative balance protection: Tickmill UK and Tickmill Europe keep client money in segregated accounts and provide negative balance protection to retail clients, as required in the UK and EU.
Account Types, Spreads, and Commissions
In the UK and the EU Tickmill offers two CFD account types. The minimum deposit for both is 100 in the account base currency.
| Account Type | Pricing Structure & Details |
|---|---|
| Classic Account | Commission-free trading. Costs are built into the spread, which starts from 1.6 pips. Best for beginners who prefer straightforward pricing. |
| Raw Account | The most popular choice. Offers institutional-grade spreads starting from 0.0 pips. A fixed commission of $3 per lot per side applies. |
Tickmill also offers Islamic Accounts (swap-free) for clients requiring Sharia-compliant trading conditions, as well as risk-free Demo accounts for strategy testing. Tickmill states that it does not charge its own fees on deposits and withdrawals (your bank or payment provider may still charge).
Trading Platforms: MT4, MT5, and TradingView
The broker provides a robust suite of trading platforms that cater to both manual chartists and algorithmic developers.
- MetaTrader 4 & 5 (MT4/MT5): Tickmill fully supports both legacy and modern MetaTrader environments. They allow all trading strategies, including hedging, scalping, and the use of Expert Advisors (EAs).
- TradingView: you can connect your Tickmill account to TradingView and place trades directly from TradingView charts.
- Tickmill Trader: The broker’s proprietary mobile application, designed for on-the-go account management and trading with a clean, intuitive interface.
Tradable Instruments and Markets
Tickmill focuses on forex, but its CFD range also covers commodities, indices and bonds. According to Tickmill’s EU website, Tickmill Europe offers over 600 CFDs, including more than 60 currency pairs and over 500 share and ETF CFDs.
- Forex: major, minor and exotic currency pairs, with Raw spreads from 0.0 pips on majors such as EUR/USD.
- Commodities: Trade precious metals (Gold and Silver) and energies (WTI and Brent Crude Oil).
- Indices & Bonds: Access major global stock indices (S&P 500, DAX, NASDAQ) and sovereign bonds (e.g., German Bunds) via CFDs.
- Cryptocurrencies: crypto CFDs, where permitted — retail clients in the UK cannot trade them because of the FCA ban on crypto derivatives for retail investors.
Summary and Final Verdict
Tickmill is a strong choice for cost-conscious forex traders: FCA and CySEC regulation, Raw spreads from 0.0 pips with a $3 commission per lot per side, MT4, MT5 and TradingView. Scalpers and algorithmic traders benefit most.
Pros: low Raw account costs; FCA and CySEC regulation with UK/EU investor compensation; no deposit or withdrawal fees charged by the broker; TradingView, MT4 and MT5.
Cons: the commission-free Classic account (spreads from 1.6 pips) is noticeably more expensive; leverage for retail clients is capped at 1:30 in the UK and EU; the instrument range is narrower than at multi-asset brokers offering thousands of share CFDs; offshore group entities offer weaker protection.
Our Verification and Editorial Standards
To maintain the highest level of trust, the ForexRev editorial team independently verifies all broker data. For this 2026 review, we validated Tickmill’s regulatory standing across major authorities, including the FCA (No. 717270) and CySEC (No. 278/15). We also checked the fee schedules on Tickmill’s UK and EU websites, confirming the minimum deposit of 100 and the $3 per lot per side commission on Raw accounts (verified on 25 October 2026). Updated on 3 November 2026: we added the number of instruments from Tickmill’s EU website and the Lloyd’s insurance of client funds at Tickmill Europe Ltd.
Frequently Asked Questions (FAQ)
Is Tickmill a regulated and safe broker?
What is the minimum deposit for Tickmill?
Which is better: the Classic or the Raw Account?
Can I use TradingView with Tickmill?
What leverage does Tickmill offer?
Does Tickmill charge deposit or withdrawal fees?
Which Tickmill company will I trade with?
How to open a Tickmill account — step by step
- Register on the Tickmill website — EU clients should be served by an EU company: Tickmill Europe Ltd — CySEC licence 278/15. Check the company name in your client agreement before depositing.
- Enter your personal details and complete the questionnaire. Before offering CFDs, an EU broker must assess your knowledge and experience (the MiFID II appropriateness test) and warn you if CFDs are not appropriate.
- Verify your identity with a passport or ID card and a proof of address (e.g. a utility bill or bank statement), as required by anti-money-laundering rules.
- Choose the account type and base currency. An account in the currency you deposit in saves conversion costs.
- Fund the account. Deposits are accepted only from accounts or cards in your own name.
- Log in to the trading platform in your browser or the mobile app. Before investing a larger amount, test how orders work with a small trade or on a demo account, if the broker offers one.
Withdrawing money from Tickmill — how it works
You request a withdrawal in the client area. Under anti-money-laundering rules, funds usually go back via the method used to deposit (e.g. to the card up to the amount deposited by card) and only to an account or card in your own name. The first withdrawal may require full account verification, so upload your documents right after registering. Only free funds that are not used as margin can be withdrawn.
Tickmill compared with other brokers
For comparison, here is Tickmill next to other brokers whose reviews we updated in October 2026. Figures come from their summary tables — see the full reviews for details.
| Broker | Company / regulator | Minimum deposit | Inactivity fee |
|---|---|---|---|
| Pepperstone | Pepperstone EU Limited (Cyprus) | €10 (cards, Apple Pay, Google Pay, PayPal) | none |
| Admirals | Admirals Europe Ltd (Limassol, Cyprus) | Trade and Zero: €100 / $100 | €10 per month after 24 months without trading (positive balances only) |
| FOREX.com | StoneX Europe Ltd (Nicosia, Cyprus) | 100 units of the account currency | €15 per month after 12 months without trades or open positions |
| Dukascopy | Dukascopy Europe IBS AS (Riga, Latvia) | $100 | up to €50 per 180 days without trading (after the first 180 days) |
| easyMarkets | Easy Forex Trading Ltd (Cyprus) | $25 | $25 every 6 months after 12 months without trading |
Leverage and client protection in the EU (ESMA)
As an EU investment firm, Tickmill applies the restrictions introduced by ESMA and adopted permanently by national regulators to retail clients:
- leverage up to 1:30 on major currency pairs, 1:20 on other pairs, gold and major indices, 1:10 on other commodities and indices, 1:5 on shares and 1:2 on crypto;
- margin close-out at 50% of required margin;
- negative balance protection — retail clients cannot lose more than they deposited;
- a ban on bonuses and trading incentives for retail CFD clients;
- a mandatory risk warning with the share of losing retail accounts — for Tickmill Europe Ltd: 74%.
Higher leverage is only available to professional clients who meet the MiFID II criteria — at the cost of some protections, including negative balance protection.
Tax on profits from Tickmill
Tax treatment depends on your country of residence. Tickmill generally does not file tax returns for you, so keep the annual statement of trades from the client area. For Polish residents: profits from a foreign broker are reported in the PIT-38 return (19% tax), with foreign-currency amounts converted at the National Bank of Poland average rate from the business day before each trade.
Glossary: terms to know before opening a Tickmill account
- Spread — the difference between the buy and sell price, paid on every trade.
- Pip — the smallest typical price move of a currency pair (0.0001 for EUR/USD).
- Lot — the standard position size: 1 forex lot is 100,000 units of the base currency; 0.01 lot (micro lot) is 1,000.
- Commission — a fixed fee per trade, usually on raw-spread (ECN/Raw) accounts.
- Swap — the daily cost or credit for holding a position overnight, based on the interest-rate differential.
- Margin — the part of the position value set aside as collateral; at 1:30 leverage about 3.33% of the position.
- Margin call and stop out — a warning and automatic closing of positions when equity falls relative to required margin.
- Slippage — execution at a different price than requested, common around news releases and price gaps.
Frequently asked questions
How do I open a Tickmill account?
What leverage does Tickmill offer?
How are profits from Tickmill taxed?
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