FP Markets vs Tickmill
Can't decide between FP Markets and Tickmill? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 10, 2026
Executive Summary
FP Markets and Tickmill are both well-established forex brokers, but they serve different types of traders. FP Markets scores 92/100 in our TrustMetrics™ system, while Tickmill leads with 93/100.
On pricing, both brokers offer competitive 0.1-pip EUR/USD spreads. FP Markets supports MT4, MT5, cTrader, Iress, TradingView while Tickmill offers MT4, MT5, Tickmill App, giving FP Markets an edge in platform diversity.
For regulation, FP Markets holds licenses from ASIC, CySEC, FSA while Tickmill is regulated by FCA, CySEC, FSCA, FSA. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
Tickmill scores higher in our TrustMetrics system (93/100) compared to FP Markets (92/100), making it the safer choice.
Lowest Spreads
Both brokers offer extremely competitive pricing, tying with a 0.1 pip average on EUR/USD.
Best for Beginners
Both brokers require a $100 minimum deposit, making them equally accessible.
Detailed Comparison
| Feature | FP Markets | Tickmill |
|---|---|---|
| Trust Score | 92/100 | 93/100 |
| Spreads From | 0.0 pips | 0.0 pips |
| Avg EUR/USD Spread | 0.1 pips | 0.1 pips |
| Commission | $6.00/lot | $4.00/lot |
| Execution Speed | 30ms | 20ms |
| Max Leverage | 1:500 | 1:500 |
| Minimum Deposit | $100 | $100 |
| Instruments | 10,000+ | 200+ |
| Account Types | Standard, Raw, Iress | Classic, Pro, VIP |
| Platforms | MT4, MT5, cTrader, Iress, TradingView | MT4, MT5, Tickmill App |
| Top Regulators | ASIC, CySEC, FSA | FCA, CySEC, FSCA, FSA |
| Withdrawal Speed | 1-2 business days | 1-2 business days |
| Inactivity Fee | $0 | $0 |
| Customer Support | 24/7 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone |
Which Broker Should You Choose?
FChoose FP Markets if...
- ✓You need the tightest possible spreads for scalping
- ✓You want to trade directly from TradingView charts
- ✓You prefer cTrader's advanced order management
- ✓You need access to a massive range of instruments
- ✓You are a scalper or algorithmic trader
TChoose Tickmill if...
- ✓You need the tightest possible spreads for scalping
- ✓You are a scalper or algorithmic trader
- ✓You value lowest commissions and scalping
FP Markets Pros & Cons
Pros
- ✓ True ECN pricing with 0.0 pips on majors frequently
- ✓ Very competitive $6.00/lot round-turn commission
- ✓ Access to 10,000+ global stocks via the Iress platform
- ✓ Full suite of platforms: MT4, MT5, cTrader, and TradingView
Cons
- × Iress platform requires a higher minimum deposit ($1,000) and has platform fees
- × Educational content is decent but not industry-leading
Tickmill Pros & Cons
Pros
- ✓ Industry-low commission of $4.00/lot RT (Pro account) and $2.00/lot RT (VIP account)
- ✓ Exceptional execution speeds averaging 20ms
- ✓ Allows all strategies including arbitrage and high-frequency EA trading
- ✓ Strong tier-1 regulation (FCA, CySEC)
Cons
- × Very limited product range (mostly just forex, indices, and metals)
- × No proprietary trading platform or TradingView integration
- × VIP account requires a massive $50,000 minimum balance
The Bottom Line: FP Markets vs Tickmill
- ✓ ECN Trading
- ✓ Low Commissions
- ✓ Stock CFDs
- ✓ cTrader
- ✓ Equally competitive EUR/USD spreads (0.1 pips)
- ✓ Lower minimum deposit ($100)
- ✓ Lowest Commissions
- ✓ Scalping
- ✓ EA Trading
- ✓ Cost Efficiency
- ✓ Equally competitive EUR/USD spreads (0.1 pips)
- ✓ Lower minimum deposit ($100)
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
Frequently Asked Questions
Which is safer: FP Markets or Tickmill?
Tickmill scores higher in our TrustMetrics system (93/100) compared to FP Markets (92/100), making it the safer choice.
Who has lower spreads: FP Markets or Tickmill?
Both brokers offer extremely competitive pricing, tying with a 0.1 pip average on EUR/USD.
Which has a lower minimum deposit: FP Markets or Tickmill?
Both brokers require a $100 minimum deposit, making them equally accessible.
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