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Brokers · Review
Tickmill Review (2026)
Is Tickmill a good MT4 broker? An in-depth, honest look at its low-cost accounts, gold focus, regulation, and who it suits — with the trade-offs laid out plainly.
Tickmill is a low-cost, multi-regulated broker that's a favourite with cost-aware and active traders, thanks to tight Raw-account spreads, a modest $100 minimum deposit, and a no-nonsense path onto MetaTrader 4 and MetaTrader 5. Operating since 2014, Tickmill runs entities regulated by FCA, CySEC, FSCA, FSA and offers 600+ instruments across forex, metals, indices, and more — with a reputation for gold trading. In this Tickmill review we go past the headlines — the account types, what it really costs, the platforms, deposits and withdrawals, how it's regulated (and which entity actually serves you), and where it falls short — so you can decide if it fits.
This is an editorial review. Our score below is the weighted result of five transparent criteria — regulation & trust, costs, platforms, accessibility, and support & education — explained in full in our editorial policy. The figures in this review are Tickmill's published terms as of 2026; they vary by the Tickmill entity that serves your country and can change, so always confirm current numbers on Tickmill's site.
Our score
Editorial score by Priya Nair, weighted across five criteria. How we score.
| Regulation & trust(30%) | 4.0 |
|---|---|
| Costs(25%) | 4.5 |
| Platforms(15%) | 4.0 |
| Accessibility(15%) | 3.5 |
| Support & education(15%) | 3.5 |
Tickmill at a glance
| Founded | 2014 |
|---|---|
| Regulation | FCA, CySEC, FSCA, FSA (multiple entities) |
| Minimum deposit | $100 |
| Spreads from | ~1.6–1.7 pips (Classic) · 0.0 pips + commission (Raw) |
| Platforms | MT4, MT5, TradingView, Tickmill Trader |
| Instruments | 600+ — forex, metals (gold), indices, commodities, share CFDs, bonds, crypto CFDs |
| Leverage | 1:30 (FCA/CySEC retail) up to 1:1000 (Seychelles entity) |
| Demo account | Yes — free, with virtual funds |
| US clients | Not accepted |
| Best for | Low spread, Gold, No inactivity fee |
Tickmill account types compared
Tickmill keeps its line-up refreshingly simple. The two core retail accounts both take the same $100 minimum and differ only on pricing model: the Classic account is spread-only with no commission, while the Raw account swaps wider spreads for near-zero spreads plus a small commission — which favours high-volume traders. A TradingView Raw variant mirrors Raw pricing for traders who live inside TradingView, and either account can be switched to swap-free (Islamic) on request. The former VIP tier has been retired.
| Account | Min deposit | Spreads from | Commission | Lot size | Best for |
|---|---|---|---|---|---|
| Classic | $100 | ~1.6–1.7 pips | None | Standard (100,000 units) | Casual traders who prefer no commission |
| Raw | $100 | From 0.0 pips | ~$3/side ($6 round-turn per lot, FX & metals) | Standard (100,000 units) | Active traders/scalpers wanting the rawest spread |
| TradingView Raw | $100 | From 0.0 pips | ~$3.50/side ($7 round-turn per lot) | Standard (100,000 units) | Traders who work inside TradingView |
| Swap-free (Islamic) | $100 | Same as base account | Same as base account | Standard (100,000 units) | Muslim traders (Classic or Raw, on request) |
The account terms, leverage, and protections you actually get depend on the Tickmill entity that onboards you, which is set by your country of residence. UK and EU residents are served by the FCA and CySEC entities (1:30 leverage, statutory compensation); most other international retail clients are onboarded by the Seychelles (FSA) entity (up to 1:1000, no compensation scheme). Confirm your entity before signing up — see the safety section below.
Costs & fees
Cost is Tickmill's strongest card. The Raw account pairs spreads from 0.0 pips with a commission of roughly $3 per side ($6 round-turn per lot) on forex and precious metals — an all-in cost that's competitive with the leading raw-spread brokers, and a reason it's popular for trading gold. The commission-free Classic account is the simpler option, though its EUR/USD spread averages nearer 1.6–1.7 pips, so it's mid-table rather than the tightest. Here's the full picture (Tickmill's published figures; confirm current values):
| Cost | What to expect |
|---|---|
| Classic spread (EUR/USD) | Spread-only, no commission — averages ~1.6–1.7 pips per published data |
| Raw spread + commission (EUR/USD) | From 0.0 pips + ~$3/side ($6 round-turn per lot) on FX & precious metals |
| Overnight swap | Charged on positions held overnight; swap-free (Islamic) accounts available — a per-lot handling fee can apply after a few nights on some instruments |
| Deposit fee | None; bank-wire transfer costs can be reimbursed up to ~$100 on deposits over ~$5,000 |
| Withdrawal fee | None on standard methods; processed instantly or within ~1 business day |
| Inactivity / dormancy fee | No monthly inactivity fee; an account flagged dormant after ~12 months of no activity is charged ~$10/€10/£10 per quarter |
One caveat on spreads: the Raw account's "from 0.0 pips" is a best-case figure — the true cost is the live spread plus the commission, so always compare the all-in number on the pairs you trade. The no-monthly-inactivity-fee policy is a genuine plus for occasional traders: where some brokers bill monthly after 90 days idle, Tickmill only flags an account dormant after roughly a year.
For a sense of the real cost, compare the all-in figure on the pairs you trade: a Classic-account spread with no commission versus a Raw-account spread plus ~$6 round-turn. Work it out with our pip calculator and size trades with the lot size calculator.
Platforms
Tickmill is a MetaTrader-first broker. You get the full MetaTrader 4 and MetaTrader 5 terminals on desktop, the mobile apps, and web access, with TradingView and Tickmill's own Tickmill Trader platform added on top. That covers the vast majority of traders well — MT4 for its huge ecosystem of indicators and Expert Advisors, MT5 for multi-asset trading, and TradingView for charting-led workflows.
The honest gap: Tickmill's proprietary terminal is capable but not as feature-rich as some rivals' flagship in-house platforms, and platform/instrument availability varies by entity and region. For the MetaTrader and TradingView crowd, though, the line-up is a strength rather than a weakness.
Deposits & withdrawals
Funding is straightforward and low-friction. Tickmill supports bank transfer, credit/debit cards, e-wallets, and (in some regions) crypto, in currencies including USD, EUR, GBP and ZAR. Most deposits are credited instantly, and withdrawals are typically processed the same day or within about one business day, back to your original method. There are no deposit or withdrawal fees on standard methods, and Tickmill will even reimburse bank-wire transfer costs up to about $100 on deposits over roughly $5,000. Available methods depend on your country and entity, so check the cashier.
Safety & regulation
Tickmill operates through several regulated entities — in our data FCA, CySEC, FSCA, FSA — plus a representative office in Dubai. The practical point on a YMYL topic like this is which entity onboards you, because that sets the protection you actually receive:
- UK residents are served by the FCA-regulated entity — client-money segregation and FSCS investor compensation (subject to eligibility and limits).
- EU/EEA residents are served by the CySEC-regulated entity — segregation and Investor Compensation Fund (ICF) cover, with 1:30 retail leverage under ESMA rules.
- Most other international retail clients are onboarded by the Seychelles (FSA) entity. It offers negative-balance protection, but — like most offshore licences — there is no statutory investor-compensation scheme, and leverage can run up to 1:1000.
In other words, the tier-1 FCA and EU CySEC licences are real and reassuring, but a typical non-UK/EU retail reader is most likely trading under the Seychelles entity — so don't assume FCA/FSCS-grade protection unless that's the entity you're actually signed up with. Before depositing, confirm your entity, look up its licence on the regulator's own public register, and read the terms — see our guide to checking a broker is regulated.
Support & education
Support is solid: Tickmill offers multilingual customer support via live chat, email, and phone during market hours, and most traders report quick, competent responses. The education and research library — webinars, market analysis, an economic calendar, and tools like Autochartist in some regions — is decent and practical, but it's pitched more at traders who already know the basics than at total beginners. If you want a deep, hand-holding education program, an education-led broker may suit better; none of Tickmill's material is personalised advice, so treat it as general learning.
How to open a Tickmill account (and demo)
Setting up takes only a few minutes:
- 1. Check your entity. Tickmill routes you to the entity for your country, which sets your available accounts, leverage, and protections.
- 2. Register. Open a free demo to practise, or a live account from $100 (Classic or Raw).
- 3. Verify your identity. Live accounts need ID and proof of address (standard KYC) — a quick, one-time step.
- 4. Fund it (or skip for a demo). Deposit by card, e-wallet, or bank transfer; a demo needs no deposit.
- 5. Download MT4 and log in. Use your login number, password, and server — our Tickmill MT4 download guide has the full walkthrough.
Pros and cons
Pros
- Low all-in cost — Raw spreads from 0.0 pips + ~$6 round-turn, competitive with leading raw-spread brokers
- Multi-jurisdiction regulation (FCA, CySEC, FSCA, FSA), including the tier-1 FCA, with a track record since 2014
- No monthly inactivity fee — a dormancy charge only applies after ~12 months idle
- Full MetaTrader 4 and MetaTrader 5, plus TradingView and the Tickmill Trader platform
- No deposit or withdrawal fees; fast funding and same-/next-day withdrawals
- Strong for gold and other metals; swap-free (Islamic) accounts available on request
Cons
- Not available to US residents
- $100 minimum is higher than the $5–$10 entry at some beginner brokers
- Classic-account spreads (~1.6–1.7 pips EUR/USD) aren't the tightest if you want commission-free
- Most non-UK/EU retail clients are onboarded by the Seychelles entity — no investor-compensation scheme there
- Education is practical but lighter than education-led brokers; better suited to traders who know the basics
- Account types, leverage, and protections vary by entity and region — read the terms
Who Tickmill is for
Choose Tickmill if you're a cost-aware or active trader who wants a genuinely low all-in cost — the Raw account's tight spreads plus modest commission are its headline strength, and it's a well-regarded choice for trading gold. The no-monthly-inactivity-fee policy also makes it friendly for traders who dip in and out, and the MetaTrader-plus-TradingView line-up covers most workflows.
Look elsewhere if you want the lowest possible deposit to start, a heavy beginner-education program, or you're a US resident. If lowest cost is your priority, weigh Tickmill against the field in our best low-spread MT4 broker guide — and confirm which entity serves you. For most cost-focused traders outside the US, Tickmill is one of the better-value, well-regulated places to trade on MT4.
Bottom line
Tickmill is a strong, low-cost, well-regulated broker that does the fundamentals well: tight Raw-account pricing, fee-free funding, no monthly inactivity fee, and a clean MetaTrader-and-TradingView experience. The two things to keep in mind are the $100 minimum and the entity question — most international retail clients land on the Seychelles licence rather than the FCA or CySEC one, so check what protection actually applies to you. For cost-aware and active traders, though — especially gold traders — Tickmill is excellent value and an easy broker to recommend.
Open an account with Tickmill
Start with a free demo or a live account from $100, and download MetaTrader 4 on desktop, mobile, or web.
⚠ Trading forex and CFDs is high-risk and most retail traders lose money. This is not financial advice.
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Related guides
Compare Tickmill with the field in our best MT4 brokers guide, or see the best low-spread MT4 brokers and the best ECN/raw-spread brokers. Trading gold? See how to trade gold on MT4. Ready to set up? Follow the Tickmill MT4 download guide.
Frequently asked questions
Is Tickmill a scam or is it legit?
Tickmill is a legitimate, regulated broker — not a scam. In our data it operates through entities licensed by FCA, CySEC, FSCA, FSA, and you can verify those licences on each regulator's own public register. Tickmill has operated since 2014. The 'scam' label really belongs to unregulated or clone brokers. That said, regulation is a baseline, not a guarantee of profit: trading is high-risk and most retail traders lose money.
What are Tickmill's account types?
Tickmill keeps it simple with two core retail accounts, both from a $100 minimum. The Classic account is spread-only with no commission (EUR/USD averages around 1.6–1.7 pips). The Raw account offers spreads from 0.0 pips plus a commission of about $3 per side ($6 round-turn per lot) on forex and precious metals. A TradingView Raw account mirrors Raw pricing at roughly $3.50 per side, and both Classic and Raw can be switched to swap-free (Islamic) on request. The old VIP account has been retired. Confirm current specs on Tickmill's site.
How much does it cost to trade with Tickmill?
On the Classic account you pay no commission and a spread that averages about 1.6–1.7 pips on EUR/USD. The Raw account flips that to near-zero spreads plus roughly $6 round-turn per lot — typically cheaper for active, high-volume traders. There are no deposit or withdrawal fees on standard methods, and no monthly inactivity fee; a dormancy charge of about $10 per quarter only kicks in after roughly a year of no activity. These are Tickmill's published figures; confirm the current numbers for your account and region.
Is Tickmill regulated and safe?
Tickmill operates through several regulated entities — in our data the FCA (UK), CySEC (EU), the FSCA (South Africa), and the FSA (Seychelles). The key detail is which entity onboards you: UK residents are served by the FCA-regulated entity and EU residents by the CySEC one (both with statutory compensation schemes — FSCS or the ICF — and capped 1:30 leverage). Most other international retail clients are onboarded by the Seychelles (FSA) entity, which provides negative-balance protection but has no investor-compensation scheme. Check which entity serves you before depositing.
Does Tickmill charge an inactivity fee?
Not in the usual monthly sense — which is part of its appeal. Tickmill flags an account as dormant only after roughly 12 months with no trading or funding activity (and a low balance), after which it charges about $10 (or €10/£10) per quarter. So occasional traders who log a trade now and then generally avoid it, unlike brokers that bill monthly after 90 days. Always confirm the current fee schedule on Tickmill's site.
What leverage does Tickmill offer?
It depends on the entity that serves your country. UK (FCA) and EU (CySEC) retail clients are capped at 1:30 on major pairs under FCA/ESMA rules, while retail clients under the Seychelles (FSA) entity can access far higher leverage — up to 1:1000. Higher leverage magnifies losses as much as gains, so use it cautiously.
Does Tickmill accept US clients?
No. Tickmill does not accept residents of the United States. US traders need an NFA/CFTC-regulated broker such as OANDA, tastyfx, or Forex.com.
Does Tickmill offer MetaTrader 4?
Yes. Tickmill offers MetaTrader 4 and MetaTrader 5 across desktop, mobile, and web, plus TradingView and its own Tickmill Trader platform. See our Tickmill MT4 download guide to get set up.
Trading foreign exchange and contracts for difference (CFDs) carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you. You could lose some or all of your deposited funds; do not trade with money you cannot afford to lose. Past performance is not indicative of future results. Nothing on MT4Download.com is financial, investment, or trading advice. Consider your circumstances and seek independent advice if needed.