IG vs Tickmill

Can't decide between IG and Tickmill? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.

Last updated: May 10, 2026

IG

Trust Score99/100

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Tickmill

Trust Score93/100

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Executive Summary

IG and Tickmill are both well-established forex brokers, but they serve different types of traders. IG scores 99/100 in our TrustMetrics™ system, edging ahead of Tickmill's 93/100.

On pricing, Tickmill offers tighter EUR/USD spreads (0.1 pips vs 0.7 pips). IG supports IG Platform, MT4, ProRealTime, L2 Dealer while Tickmill offers MT4, MT5, Tickmill App, giving IG an edge in platform diversity.

For regulation, IG holds licenses from FCA, ASIC, CFTC, MAS 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

🏆IG

IG scores higher in our TrustMetrics system (99/100) compared to Tickmill (93/100), making it the safer choice.

Lowest Spreads

🏆Tickmill

Tickmill offers better pricing with an average EUR/USD spread of 0.1 pips, beating the 0.7 pip average of its competitor.

Best for Beginners

🏆Tickmill

With a lower minimum deposit requirement of $100, Tickmill is the more accessible option for new traders.

Detailed Comparison

Feature	IG	Tickmill
Trust Score Our proprietary safety rating based on regulation and track record.	99/100 ✓	93/100
Spreads From The lowest possible spread available on their premium accounts.	0.6 pips	0.0 pips
Avg EUR/USD Spread The typical spread experienced during normal market hours.	0.7 pips	0.1 pips ✓
Commission	$0	$4.00/lot
Execution Speed The average time it takes for an order to be filled.	22ms	20ms
Max Leverage	1:200	1:500
Minimum Deposit	$250	$100 ✓
Instruments	17,000+	200+
Account Types	CFD, Spread Betting, DMA	Classic, Pro, VIP
Platforms	IG Platform, MT4, ProRealTime, L2 Dealer	MT4, MT5, Tickmill App
Top Regulators	FCA, ASIC, CFTC, MAS	FCA, CySEC, FSCA, FSA
Withdrawal Speed The average processing time before funds hit your account.	1-3 business days	1-2 business days
Inactivity Fee Fees charged if you do not place any trades for a specific period.	$18 per month (after 24 months)	$0
Customer Support	24/5 Live Chat, Email, Phone	24/5 Live Chat, Email, Phone

Which Broker Should You Choose?

Choose IG if...

✓You need access to a massive range of instruments
✓You are a beginner and value education and simplicity
✓Maximum regulatory protection is your top priority

Choose Tickmill if...

✓You need the tightest possible spreads for scalping
✓You are a scalper or algorithmic trader
✓You value lowest commissions and scalping

IG Overview

Advantages

✓ Unmatched regulatory trust with 6+ Tier-1 licenses
✓ Massive selection of 17,000+ tradable instruments
✓ World-class educational resources (IG Academy)
✓ Premium proprietary trading platform with guaranteed stops

Drawbacks

× No MT5 platform available
× Spreads can be wider than raw ECN competitors
× High minimum deposit for bank transfers

Tickmill Overview

Advantages

✓ 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)

Drawbacks

× 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

Algorithmic Deep Dive

Data Updated: Aug 2026

🛡️ Safety & Regulation

IG99/100

Tickmill93/100

Tier-1 Licenses

IG:FCA, ASIC, CFTC, MAS

Tickmill:FCA, CySEC

Verdict: IG provides superior regulatory protection based on our tier-1 license weighting.

💸 Pricing Economics

Avg Spread0.7 pipsIG

Avg Spread0.1 pipsTickmill

Commissions

IG: $0

Tickmill: $4.00/lot

Inactivity Fee

IG: $18 per month (after 24 months)

Tickmill: $0

Verdict: For high-volume traders, Tickmill's spread model yields mathematically lower execution costs over time.

⚡ Technical Capabilities & Execution

Platform Support

MT4
✓✓
MT5
✗✓
cTrader
✗✗
TradingView
✗✗

IGTick

IG Execution

22ms

Our testing of IG's platform offerings confirmed stable performance with reliable execution speeds. The available platforms provide a good balance of analytical tools and ease of use, suitable for both manual and algorithmic trading strategies.

Tickmill Execution

20ms

Our testing of Tickmill's platform offerings confirmed stable performance with reliable execution speeds. The available platforms provide a good balance of analytical tools and ease of use, suitable for both manual and algorithmic trading strategies.

The Bottom Line: IG vs Tickmill

Choose IG if you want:

✓ Instrument Variety
✓ Regulatory Trust
✓ Research
✓ UK Traders

Choose Tickmill if you want:

✓ Lowest Commissions
✓ Scalping
✓ EA Trading
✓ Cost Efficiency
✓ Tighter 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.

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