Tickmill
Tickmill offers the lowest raw spread commissions in the industry ($2/lot/side), dual CySEC+FCA regulation, and solid execution for serious EU forex traders.
Last verified: April 2026
Daniel Ferretti
Regulatory Affairs Editor
Key Facts
Min Deposit
€100
EUR/USD Spread
0.0 pips (Raw), 1.6 pips (Classic)
Max Leverage (Retail)
30:1
Commission
$2.00 per lot per side (Raw), None (Classic)
Platforms
MetaTrader 4, MetaTrader 5, Tickmill App
Regulators
CySEC, FCA, FSA
Scores Breakdown
Overall Score
Weighted average across all categories
Pros & Cons
Pros
- Lowest commission in the industry ($2 per lot per side)
- Dual regulation (CySEC + FCA)
- Good educational content and webinars
- Fast execution with minimal slippage
- Free VPS for eligible clients
Cons
- Narrower instrument range (80+ pairs, 500+ CFDs)
- No cTrader or TradingView
- No social/copy trading
- Limited platform innovation
Tickmill Review 2026
Overview
Tickmill has carved out a niche as one of the most cost-effective brokers for serious forex traders. The Raw account offers spreads from 0.0 pips with a commission of just $2.00 per lot per side - the lowest in the industry and significantly cheaper than the $3.00-$3.50 charged by most competitors.
For EU clients, Tickmill Europe Ltd is regulated by CySEC, while also holding an FCA license for UK clients. This dual regulation provides extra confidence in the broker's compliance standards.
Pricing & Fees
Execution quality is strong, with the broker reporting order execution in milliseconds and minimal slippage. A free VPS is available for clients who meet minimum volume requirements, which is valuable for algorithmic traders who need reliable connectivity.
The educational offering is decent, with regular webinars, market analysis, and a knowledge base. While not as comprehensive as XM or IG, Tickmill provides enough educational resources to support intermediate traders.
Platforms & Tools
The main limitation is instrument range. With around 80 forex pairs and 500+ CFDs, Tickmill's offering is narrower than IG's 17,000+ instruments or Saxo's 72,000+. The lack of cTrader and TradingView integration also limits platform choices.
Tickmill is best for experienced forex traders who prioritize low trading costs above all else.
How to Open an Account with Tickmill
Register
Visit tickmill.eu and fill out the online registration form with your personal details.
Verify Identity
Upload your proof of identity (passport or national ID) and proof of address (utility bill or bank statement) to comply with KYC requirements.
Fund Account
Deposit funds using Bank Transfer, Credit/Debit Card, Skrill, or other supported methods. Minimum deposit is €100.
Start Trading
Choose your preferred platform (MetaTrader 4 or 2 other options), set up your charts, and begin placing trades.
Trading Conditions
| Minimum Deposit | €100 |
| EUR/USD Spread | 0.0 pips (Raw), 1.6 pips (Classic) |
| Commission | $2.00 per lot per side (Raw), None (Classic) |
| Max Leverage (Retail) | 30:1 |
| Max Leverage (Pro) | 500:1 |
| Swap-Free Accounts | Available |
| Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
| Account Types | Classic, Raw, Tickmill Trader |
| Deposit Methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, PayPal |
| Withdrawal Fee | Free |
| Founded | 2014 |
| Headquarters | London, UK |
EU Regulation & Protection
ESMA Compliant
Yes
Negative Balance Protection
Yes
Segregated Client Funds
Yes
Compensation Scheme
ICF up to EUR 20,000
Regulatory Licenses
Tickmill FAQ
Compare Tickmill With
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eToro is the world's leading social trading platform, letting EU traders copy successful investors while also offering commission-free stock trading alongside forex.
FxPro is a CySEC/FCA-regulated broker established in 2006, offering MT4, MT5, cTrader, and its own platform with ECN pricing on Raw+ accounts.
OANDA is a veteran forex broker since 1996, known for transparent pricing, flexible lot sizes, excellent research tools, and a long track record of reliability.
Forex.com, owned by NASDAQ-listed StoneX Group, offers competitive raw pricing from 0.0 pips, CySEC regulation, and a solid all-round trading experience.
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CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.