Your complete guide to Tickmill forex ratings — from regulatory checks and trading conditions to user reviews, platform features, and the critical risks every forex trader should understand.
Tickmill is a global forex and CFD broker established in 2014, serving traders worldwide with competitive trading conditions and fast execution[reference:0]. The broker is a multi-regulated financial services provider, authorised by leading regulatory bodies across multiple jurisdictions[reference:1]. Tickmill offers access to a wide range of instruments, including forex, indices, commodities, stocks, and cryptocurrencies, with a strong focus on low-cost trading and transparent pricing[reference:2].
The Tickmill Group comprises several entities, including Tickmill UK Ltd, Tickmill Europe Ltd, Tickmill Ltd (Seychelles), and Tickmill South Africa (Pty) Ltd[reference:3]. This multi-jurisdictional structure allows the broker to serve clients from over 200 countries worldwide with multilingual support[reference:4].
Tickmill has received strong ratings across multiple independent review platforms. The broker consistently scores well for its low trading costs, regulatory strength, and execution quality.
| Rating Platform | Score / Rating | Key Highlights |
|---|---|---|
| FxScouts | 4.58 / 5[reference:8] | Lowest-cost trading accounts, MT4/MT5 support[reference:9] |
| InvestorTrip | 4.4 / 5[reference:10] | Multiple top-tier regulations, 20ms execution[reference:11] |
| Forex Peace Army | 3.38 / 5 (249 reviews)[reference:12] | Mixed user reviews; VIP account praised[reference:13] |
| Trustpilot (Tickmill UK) | 3.0 / 5[reference:14] | Mixed feedback on service and withdrawals[reference:15] |
| Traders Union | Fees Score: 7/10[reference:16] | Low forex fees, tight spreads, no inactivity fee[reference:17] |
In addition to strong review scores, Tickmill has received numerous industry awards. In 2025 alone, the broker was named Global Most Competitive Broker by ForexBrokers.com and Best Broker (Latin America) at the Finance Magnates Annual Awards[reference:18][reference:19]. Tickmill also won Best Trading Education at the FxScouts Forex Awards 2025[reference:20].
Regulation is a key factor in any broker rating. Tickmill holds licences from multiple respected financial authorities, providing varying levels of client protection depending on the entity[reference:21].
Tickmill holds client funds in segregated accounts at tier-1 banks, separate from the company's operational funds[reference:28]. This provides an additional layer of protection in the event of insolvency. Additionally, the broker offers negative balance protection, ensuring that traders can never lose more than they have in their trading accounts[reference:29].
Tickmill offers a straightforward account structure designed to suit different trading styles. The two main account types are Classic and Raw (also referred to as Pro), with a VIP tier available for high-volume traders[reference:31].
| Feature | Classic Account | Raw / Pro Account | VIP Account |
|---|---|---|---|
| Minimum Deposit | $100 (or equivalent)[reference:32] | $100[reference:33] | Higher balance required[reference:34] |
| Spreads from (EURUSD) | 1.6 pips[reference:35] | 0.0 pips[reference:36] | 0.0 pips[reference:37] |
| Commission | None[reference:38] | $6 per round-turn per lot[reference:39] | Even lower than Raw[reference:40] |
| Maximum Leverage | 1:1000[reference:41] | 1:1000[reference:42] | 1:1000 |
| Base Currencies | USD, EUR, GBP, PLN, ZAR[reference:43] | USD, EUR, GBP, PLN, ZAR | USD, EUR, GBP, PLN, ZAR |
| Islamic (Swap-Free) | Available[reference:44] | Available[reference:45] | Available |
Tickmill supports all trading strategies, including scalping, hedging, and news trading[reference:46]. The broker also offers Copy Trading and MAM (Managed Accounts) for those who prefer social or managed trading solutions[reference:47].
Tickmill is known for its transparent fee structure. The broker does not charge deposit, withdrawal, or inactivity fees[reference:48][reference:49]. However, you should be aware of the following costs:
Traders Union rates Tickmill's fee level as medium overall, with a fees score of 7/10, highlighting low forex trading fees and tight spreads[reference:56].
Tickmill supports a range of industry-leading trading platforms, providing flexibility for traders of all experience levels[reference:57].
The industry standard for forex trading. Available on desktop, web, and mobile. Supports Expert Advisors (EAs), custom indicators, and automated strategies[reference:58].
The next-generation platform with more timeframes, advanced order types, and access to a broader range of asset classes[reference:59].
Recently integrated, providing advanced charting and social trading features[reference:60][reference:61].
An in-house mobile trading app for web and mobile devices[reference:62][reference:63].
Additional tools include VPS hosting for algorithmic traders, API access, and a Forex Signal Centre providing human and AI-driven analysis[reference:64][reference:65]. The broker also offers a range of educational content, including webinars, ebooks, and daily market analysis[reference:66].
User reviews of Tickmill are mixed, reflecting the diverse experiences of traders across different regions and account types.
Many users praise Tickmill for its low trading costs, fast execution, and reliable withdrawals. One experienced trader with over 10 years in the industry described Tickmill as "one of the best," highlighting the VIP account's $2 round-turn commission and zero spread on EURUSD, with withdrawals via Neteller taking 45 minutes to 24 hours[reference:67]. Another user noted that "commissions and spreads are excellent and consistent," and that "both the mobile app and website interface are highly user-friendly"[reference:68]. On Trustpilot, clients have described the broker as "amazing" with "easy deposit and easy withdrawal" and customer service "like the speed of light"[reference:69].
However, there are also significant complaints. Some users have reported withdrawal delays, account freezes, and difficulties with customer support[reference:70][reference:71]. On Forex Peace Army, there are serious allegations of withheld funds and account closures[reference:72]. Trustpilot reviews also mention issues with KYC verification, payment processing, and unhelpful support[reference:73].
Forex and CFD trading carries a high level of risk and is not suitable for all investors. Leverage can amplify both gains and losses, and in some cases, you may lose more than your initial deposit.
According to regulatory disclosures, the majority of retail investor accounts lose money when trading CFDs[reference:91]. You should carefully consider whether you can afford to take this high risk before trading.
Trader profile: Alex is a retail trader with a $1,000 account who trades forex actively, averaging 10 round-turn lots per month on EURUSD.
Cost analysis:
Conclusion: For Alex's trading volume, the Raw account is significantly cheaper ($60 vs $160 per month). This illustrates why active traders should prioritise Raw or VIP accounts over the Classic account[reference:92].
Tickmill receives strong ratings across multiple platforms: 4.58/5 on FxScouts[reference:106], 4.4/5 on InvestorTrip[reference:107], and a fees score of 7/10 from Traders Union[reference:108]. The broker is particularly praised for its low trading costs and strong regulation.
Yes. Tickmill is regulated by multiple top-tier authorities, including the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and the FSA (Seychelles), with DFSA representation in the UAE[reference:109]. Always verify the current licensing status on the official regulator registers[reference:110].
The minimum deposit is $100 (or equivalent) for both Classic and Raw accounts[reference:111][reference:112].
Tickmill offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, TradingView, and its own proprietary Tickmill Trader mobile app[reference:113].
The Classic account has no commissions but wider spreads (from 1.6 pips). The Raw account has spreads from 0.0 pips but charges a commission of $6 per round-turn per lot[reference:114]. Raw accounts are generally more cost-effective for active traders[reference:115].
No, Tickmill does not charge withdrawal fees[reference:116][reference:117]. However, your payment provider or bank may apply their own fees. Withdrawal processing times vary: e-wallets are usually fastest (45 minutes to 24 hours)[reference:118], while bank wires may take longer.
Tickmill offers leverage up to 1:1000[reference:119]. Retail clients under FCA/CySEC may have leverage capped at 1:30, while clients under other entities may access higher leverage.
Tickmill is a regulated broker with client fund segregation and negative balance protection[reference:120]. However, user reviews are mixed, with some serious complaints about withdrawals[reference:121]. As with any broker, conduct your own due diligence and start with a small deposit to test the service.
📚 About this guide: This article is based on publicly available information from Tickmill's official website, regulatory disclosures from the FCA, CySEC, FSCA, and the Seychelles FSA, as well as independent review platforms including FxScouts, Forex Peace Army, Trustpilot, InvestorTrip, and Traders Union. Trading conditions, fees, spreads, leverage, account availability, and platform terms are subject to change. Readers are strongly encouraged to verify all current details directly with the official Tickmill website and the relevant regulator's register before making any trading decisions. This review is for educational purposes and does not constitute financial or investment advice.