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 | 99/100 | 93/100 |
| Spreads From | 0.6 pips | 0.0 pips |
| Avg EUR/USD Spread | 0.7 pips | 0.1 pips |
| Commission | $0 | $4.00/lot |
| Execution Speed | 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 | 1-3 business days | 1-2 business days |
| Inactivity Fee | $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?
IChoose 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
TChoose Tickmill if...
- ✓You need the tightest possible spreads for scalping
- ✓You are a scalper or algorithmic trader
- ✓You value lowest commissions and scalping
IG Pros & Cons
Pros
- ✓ 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
Cons
- × No MT5 platform available
- × Spreads can be wider than raw ECN competitors
- × High minimum deposit for bank transfers
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: 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.
Frequently Asked Questions
Which is safer: IG or Tickmill?
IG scores higher in our TrustMetrics system (99/100) compared to Tickmill (93/100), making it the safer choice.
Who has lower spreads: IG or Tickmill?
Tickmill offers better pricing with an average EUR/USD spread of 0.1 pips, beating the 0.7 pip average of its competitor.
Which has a lower minimum deposit: IG or Tickmill?
With a lower minimum deposit requirement of $100, Tickmill is the more accessible option for new traders.
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