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
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 scores higher in our TrustMetrics system (99/100) compared to Tickmill (93/100), making it the safer choice.
Lowest Spreads
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
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: Sep 2026🛡️ Safety & Regulation
Tier-1 Licenses
💸 Pricing Economics
⚡ Technical Capabilities & Execution
Platform Support
- MT4✓✓
- MT5✗✓
- cTrader✗✗
- TradingView✗✗
IG Execution
Their proprietary web platform is exceptional. We used it exclusively for a month and found its charting tools and guaranteed stop-loss features (which protect you from catastrophic slippage) to be industry-leading. If you prefer MetaTrader, MT4 is available, though oddly, MT5 is missing from their lineup.
Tickmill Execution
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
- ✓ Instrument Variety
- ✓ Regulatory Trust
- ✓ Research
- ✓ UK Traders
- ✓ 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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