Tickmill versus FP Markets

Traders at FP Markets get upgraded MT4/MT5 trading platforms, featuring twelve plugins and Autochartist, while the geographically restricted Iress trading platform is also available. FP Markets maintains a competitive trading environment for social and copy traders, presenting its proprietary social trading service alongside Myfxbook Autotrade and embedded MT4/MT5 solutions. MAM/PAMM modules cater to asset managers.

Tickmill presents MT4/MT5 traders with its 13-plugin Advanced Trader Toolkit and Autochartist. Social traders can use Myfxbook AutoTrade and Pelican Trading, besides the MT4/MT5 copy trading platform. Tickmill also has the Acuity Trading Tool, which provides sentiment analysis from the Dow Jones news feed, plus bonuses and promotions.

We have conducted an in-depth review of FP Markets and Tickmill to determine which presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsFP Markets (visit site)Tickmill (visit site)
Established :
Retail Loss Rate:
Minimum Deposit:
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
Deposit Fee:
Withdrawal Fee
Funding Methods:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
VPS HostingOutstanding trading costs
Unique Feature Two:
MT4/MT5 plugins + AutochartistQuality research and education
Broker Offers:


Quality education and research are available at both FP Markets and Tickmill, and both have VPS hosting for algorithmic traders. Tickmill closes dormant accounts with less than $10 and donates the proceeds to charity.

Available Markets

Available MarketsFP MarketsTickmill
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
Maximum Pro Leverage:

Forex traders get 60+ currency pairs at FP Markets and Tickmill, but the overall asset selection for MT5 remains broader at FP Markets. Traders at FP Markets with access to the Iress trading platform get a notably more comprehensive equity selection of 10,000+ assets. Cryptocurrencies remain underrepresented at FP Markets and Tickmill.

Typical Spreads and Fees

Typical Spreads & FeesFP MarketsTickmill
Minimum Raw Spreads:
0.0 pips0.0 pips
Minimum Standard Spreads:
1.0 pips1.6 pips
Minimum Commission for Forex:
$6.00 per Round Lot$4.00 per round lot
Commission for Equities:
0.10% with $10 minimumCommission-free
Execution Type:
No Dealing Desk (NDD)Market Maker/ECN Hybrid

FP Markets has an edge in its commission-free accounts. Tickmill presents a notable advantage in its commission-based alternative with minimum fees of $4.00 versus $6.00 at FP Markets. The pricing advantage magnifies through its volume-based rebate program.

Security and Trust

FP Markets

Country of the RegulatorName of the RegulatorLicense Number
Cyprus Securities and Exchange Commission371/18
Australian Securities & Investments Commission286354
St. Vincent and the Grenadines
Financial Services AuthorityUnregulated


Country of the RegulatorName of the RegulatorLicense Number
Seychelles Financial Services AuthoritySD008
Financial Conduct AuthorityFCA Registration Number 717270
Cyprus Securities and Exchange CommissionLicense Number 278/15
Labuan (Malaysia)
Labuan Financial Services AuthorityLicense number MB/18/0028
South Africa
Financial Sector Conduct AuthorityLicense number FSP 49464

The security and trust environments at FP Markets and Tickmill are equally good. Both brokers segregate client deposits from corporate funds, offer negative balance protection, and operate a Cyprus subsidiary where an investor compensation fund exists. FP Markets caters to most clients from its unregulated but duly registered St. Vincent and the Grenadines subsidiary.

FP Markets vs Tickmill – Verdict

FP Markets

Choice of trading platforms and auxiliary trading tools Availability of Iress geographically restricted
Very competitive cost structure and excellent asset selectionLimited commodities and metals selection
Low minimum deposit requirement and leverage of up to 1:500
Well-regulated and trustworthy


Outstanding trading costs and volume-based rebate programLimited overall asset selection
Upgraded MT4/MT5 trading platforms plus Autochartist
High-quality educational tools and daily research
High leverage and choice of third-party social trading providers

Tickmill and FP Markets offer upgraded MT4/MT5 platforms, where traders get a broader choice of assets at the former and notably lower costs at the latter, which is an ideal broker for scalpers. FP Markets takes the lead due to its equity selection in its Iress trading platform, exceeding 10,000, and MAM/PAMM accounts. Social traders get a better service due to the proprietary FP Markets social trading service.

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