Tickmill at a glance
An established multi-asset broker, reviewed by the Tradelytic team and rated by traders.
Global Regulation and ECN Execution
Founded in 2014, Tickmill Group has established itself as a premier low-cost broker catering to retail and institutional traders. The brokerage operates under strict supervisory authorities worldwide, including the FCA in the UK, CySEC in Cyprus, the FSCA in South Africa, and the FSA in Seychelles. Traders can access a diverse array of financial instruments. These include major, minor, and exotic forex pairs, stock indices, precious metals, energies, digital currencies, and share CFDs. Tickmill executes orders using a non-dealing desk (NDD) model routed through Equinix data centers. Average execution speeds are around 0.15 seconds.
Trading Platforms and Low Trading Costs
Traders can access markets using MetaTrader 4, MetaTrader 5, direct TradingView chart integration, and the proprietary Tickmill Trader mobile app. The firm fully supports algorithmic trading (EAs), custom indicators, high-frequency scalping, arbitrage, and news trading. Opening a live account requires a $100 minimum initial deposit. The Classic account features commission-free trading with spreads starting at 1.6 pips. Meanwhile, the Raw account delivers raw interbank spreads from 0.0 pips paired with a competitive $3 per lot per side commission ($6 round-turn). Client funds are held in segregated accounts at Tier-1 banking institutions. They also come with negative balance protection.
Our verdict
The Tradelytic editorial assessment — independent of any commercial relationship.
Tickmill is a top-tier brokerage choice for active day traders, scalpers, and automated Expert Advisor (EA) developers seeking minimal trading overhead and ultra-fast order execution. Its regulatory oversight by the FCA and CySEC delivers high financial security, while its NDD execution model delivers raw spreads starting from 0.0 pips with low standard lot commissions.
However, traders should evaluate a few structural parameters before opening an account. The Classic account carries wider markup spreads, meaning active traders should strictly opt for the Raw or TradingView Raw tiers. Furthermore, Tickmill focuses primarily on leveraged CFD trading rather than direct cash stock or unleveraged ETF ownership.
Our take: Tickmill is an outstanding option for system traders and scalpers. Choose the Raw account tier to capitalize on industry-leading low trading fees and raw ECN liquidity.
Pros & cons
The honest summary, weighed from our testing and trader feedback.
- Tier-1 regulation by the FCA (UK) and CySEC (Cyprus)
- Extremely tight raw ECN spreads starting from 0.0 pips on Raw accounts
- Low commission model ($3 per side / $6 round-turn per standard lot)
- Average execution speeds of ~0.15 seconds via Equinix server hubs
- Zero restrictions on scalping, hedging, news trading, or Expert Advisors (EAs)
- Direct trading integration with TradingView, MT4, and MT5 platforms
- No internal deposit or withdrawal fees charged by the broker
- Classic account spreads (averaging 1.6 pips) are higher than Raw pricing
- Does not offer direct ownership of physical spot shares or ETFs
- cTrader platform integration is not currently supported
Who it's for
Here's how to tell if this broker is right for you.
- Run high-frequency EAs or scalping strategies that require tight spreads and fast execution
- Want to analyze and place trades directly from your TradingView charts
- Prioritize institutional safety backed by FCA or CySEC regulatory oversight
- Plan to connect your MT4, MT5, or TradingView account to Tradelytic for trade journaling
- Want to build an unleveraged long-term portfolio of physical, real equities and ETFs
- Exclusively execute trades using the cTrader trading platform interface
Fees & platforms
What it costs to trade, and what you'll trade on.
Tickmill provides a competitive pricing structure backed by transparent execution conditions and flexible account tiers. With a low $100 minimum deposit, zero internal deposit or withdrawal fees, and raw spread options, Tickmill caters to both individual retail traders and high-volume algorithmic strategies. Below is a detailed breakdown of Tickmill’s spreads, commissions, non-trading fees, and trading software.
Spreads
Tickmill offers two primary spread models. The Classic Account uses spread-only pricing with variable spreads starting from 1.6 pips. The Raw Account and TradingView Raw Account stream direct interbank liquidity with spreads starting from 0.0 pips (averaging 0.1 to 0.2 pips on EUR/USD during peak trading hours).
Commission Fees
Classic accounts carry $0 per-lot commissions. Raw accounts charge $3.00 per side ($6.00 round-turn) per standard lot. The TradingView Raw account charges $3.50 per side ($7.00 round-turn) per standard lot.
Inactivity & Non-Trading Fees
Tickmill does not charge account maintenance fees or recurring inactivity fees for dormant trading accounts. Depositing and withdrawing funds are completely free of internal processing charges across standard payment methods.
Swap Fees
Overnight rollover fees apply to leveraged positions held open past daily market close (22:00 GMT). Swap rates reflect interbank rates plus a small broker fee. Islamic Swap-Free accounts are available for qualifying traders following Sharia principles.
Platforms & Tools
Traders can access MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, and the Tickmill Trader App. Advanced traders and institutions can also utilize FIX API connections for custom algorithmic execution setups.