Tickmill Review 2026

JMReviewed by James Morgan·Published June 2026

$2/side commissionFCA + FSCSSub-20ms execution

Overview

Tickmill is a forex and CFD broker founded in 2014, with FCA-regulated headquarters in London. It targets one specific segment harder than almost anyone else in the industry: high-volume, cost-sensitive scalpers and algorithmic traders who care about commission per lot more than instrument variety or platform breadth.

We rate Tickmill 4.4 / 5. The Pro account's $2 per side commission ($4 round-turn) is, to our knowledge, the lowest of any FCA-regulated broker on standard lots. Combined with raw spreads from 0.0 pips and Equinix LD4 colocation, the all-in cost on EUR/USD lands around $4.10 per round-turn — meaningfully cheaper than IC Markets, FP Markets, or Pepperstone on identical volume.

Pros & Cons

Who is Tickmill best for?

High-volume scalpers and EA traders who measure success in commission saved per lot. UK retail traders who want institutional-grade execution and FSCS protection in the same account. Anyone whose strategy targets sub-5-pip moves and lives or dies on round-turn costs.

Who should look elsewhere?

Multi-asset traders who want thousands of stocks, ETFs, and exotic CFDs are better served by FP Markets or RoboForex. cTrader users have no path here. Traders who want to deposit $10 to start should pick Exness instead.

Spreads & fees

Tickmill offers three accounts. The Classic account has no commission but wider spreads from 1.6 pips on EUR/USD — fine for casual traders, not competitive for scalpers. The Pro account is where Tickmill shines: 0.0 pip raw spreads with a $2 per side commission ($4 round-turn), the lowest per-lot commission among FCA-regulated brokers. The VIP account drops commission to $1 per side ($2 round-turn) but requires $50,000 minimum.

On 100 lots per month at Pro pricing, the all-in cost is roughly $410. The same volume at IC Markets Raw runs about $620, at Pepperstone Razor about $700. Across a year of consistent volume, the savings versus a typical ECN account work out to $2,000–$3,500.

Execution quality

Tickmill publishes quarterly execution statistics — one of the few brokers that does. Average order execution sits under 20ms, verified by independent FX Blue testing. Servers are co-located at Equinix LD4 (London), with redundant routing to tier-1 liquidity providers including Deutsche Bank, Citibank, and Goldman Sachs.

Slippage during liquid sessions averages 0.1–0.2 pips per order, in line with IC Markets and FP Markets. During major news releases (NFP, FOMC), slippage widens to 1–3 pips for several seconds — consistent with the industry. There are no restrictions on scalping, hedging, or EAs. No requotes on Pro accounts.

Regulation & safety

Tickmill is regulated by the FCA (UK, licence 717270), CySEC (Cyprus, licence 278/15), FSA (Seychelles, licence SD008), FSCA (South Africa), and LFSA (Labuan). UK clients trading through the FCA entity are covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person — the strongest retail protection in the industry.

Client funds are held in segregated accounts at tier-1 European banks. Tickmill has been operating for over a decade without a major regulatory incident. Annual financial statements are audited and published.

Deposits & withdrawals

Pro and Classic accounts both have a $100 minimum deposit. VIP requires $50,000. Deposit methods include Visa, Mastercard, bank wire, Skrill, Neteller, and several local payment options depending on the regulated entity. Card deposits are instant; bank wires take 1–2 business days.

Tickmill charges no deposit or withdrawal fees. Withdrawals are processed within one to two business days. The minimum withdrawal amount is $25. There is no inactivity fee.

Verdict

Tickmill is one of the few brokers where the marketing line matches reality. For a high-volume scalper or EA trader running 100+ lots per month, the $2/side commission and sub-20ms execution are a measurable edge over every competitor we have tested at this regulatory tier. For a casual trader who places ten trades a month on a $200 account, the per-lot edge is irrelevant — pick Exness or HFM instead. The Pro account is where the value lives. Recommended for cost-sensitive scalpers, UK-based retail traders who want FSCS protection, and anyone running an EA that lives or dies on round-turn cost.

Frequently asked questions