Tickmill Review 2027Core Trading Conditions and Fees

Tickmill review 2027: low commissions for active traders

Tickmill was established in 2014 by a team with experience at earlier brokerages and has its main offices in London, Limassol and other locations. It grew quickly by concentrating on one thing: keeping trading costs low. Its raw-spread account carries one of the smallest commissions among well-known brokers, and the firm reports monthly volumes in the hundreds of billions of dollars. It lacks the vast product lists of the largest firms, but for forex and index trading it is a serious option in 2027.

Regulation

Tickmill UK is authorised by the Financial Conduct Authority, and Tickmill Europe by the Cyprus Securities and Exchange Commission. Other group entities are regulated by South Africa's FSCA, the Dubai Financial Services Authority, the Seychelles Financial Services Authority and the Labuan regulator in Malaysia. UK clients are covered by the Financial Services Compensation Scheme within its limits and EU clients by the Cypriot fund. Most clients outside those regions are served by the Seychelles entity.

Accounts and costs

The line-up is short. The Classic account has no commission and spreads on EUR/USD from 1.6 pips. The Raw account shows spreads from 0.0 pips and charges $3 per lot per side, which brings the typical all-in cost on major pairs below that of most competitors. The minimum deposit is $100 for both. There are no deposit or withdrawal fees, and the broker covers transfer costs above a threshold. Swap-free accounts are available. Active traders can receive rebates through a volume programme.

Leverage

Retail clients in the UK and EU are restricted to 1:30 on major currency pairs. The offshore entities offer leverage up to 1:1000. High leverage is one reason some traders choose the Seychelles account, and it is also the feature most likely to end a small account quickly. Negative balance protection applies.

Platforms

Tickmill supports MetaTrader 4 and MetaTrader 5 and has added its own web and mobile platform, with a TradingView connection available in some regions. There is no cTrader. Free tools include Autochartist, a package of MetaTrader add-ons, sentiment indicators and VPS options. Execution is fast and without requotes, and every strategy is permitted, including scalping, news trading and automated systems.

Markets

The range is focused: around 60 currency pairs, plus CFDs on stock indices, commodities, bonds, cryptocurrencies and a selection of shares and ETFs. Clients of the UK entity can also trade exchange-listed futures and options on a separate platform. Traders who want thousands of share CFDs will need a different broker.

Promotions and extras

The Seychelles entity has long offered a welcome account, a small no-deposit credit that lets new clients trade live without funding, with profits withdrawable up to a limit after conditions are met. It also runs regular trading contests. These are not available under UK or EU regulation. Copy trading is offered through the broker's own social platform and third-party services.

Research and education

Tickmill provides daily market analysis, webinars in many languages, seminars and a library of articles and videos. The content is useful and regularly updated. It is aimed more at practising traders than at complete beginners.

Support

Customer service is available on weekdays by live chat, email and phone in more than a dozen languages. Account opening is digital and usually completed within a day. Withdrawals are typically processed within one working day.

Pros and cons

• Commissions: $3 per side on the Raw account, among the lowest available.
• Execution: fast fills with no restrictions on strategy.
• Regulation: FCA, CySEC, DFSA and FSCA entities.
• No fees: free deposits and withdrawals.
• Range: a limited list of instruments, especially shares.
• Classic account: wide spreads make it poor value.

Who is Tickmill for?

Tickmill is designed for active forex and index traders, scalpers and users of expert advisors who want to minimise cost per trade. Investors looking for a broad multi-asset account should consider other brokers.

Verdict

Tickmill keeps things simple and cheap, and it does so under credible regulation. For 2027 the Raw account is one of the best-value choices in retail forex. Trading with leverage involves a high risk of losing money rapidly.

Tickmill review: compare the alternatives

This Tickmill review is part of our Top 65 Forex Brokers in 2027 ranking. To compare, read the Admirals review and the FxPro review.