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Tickmill vs FP Markets (2026): Which Broker Is Actually Better?
We compare Tickmill against FP Markets across spreads, regulations, platforms, and trading costs. Read our algorithmic breakdown and expert verdict to find out which broker suits your trading style in 2026.
Verdict: It's a Tie
Both Tickmill and FP Markets offer exceptional trading environments with distinct strengths. Tickmill is ideal for scalpers, day traders & low-commission professionals, while FP Markets excels for ecn traders, scalpers & australian clients. Your choice should depend entirely on whether you prioritize ultra-low commissions at $2/lot roundturn or true ecn pricing from 0.0 pips.
Tickmill vs FP Markets: Side-by-Side Comparison
| Feature | | |
|---|---|---|
| Founded | 2014 | 2005 |
| Overall Rating | 4.5/5.0 | 4.5/5.0 |
| Minimum Deposit | $100 | $100 |
| EUR/USD Spread | 0.0 pips (Raw) | 1.6 pips (Classic) | 0.0 pips (Raw) |
| Maximum Leverage | 1:500 (Pro) | 1:30 (Retail) | 1:500 |
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | No | Yes |
| TradingView | No | No |
| Copy Trading | No | Yes |
| Forex Pairs | 62 | 70+ |
| Deposit Methods | Card, Bank, Skrill, Neteller | Card, Bank, Skrill, Neteller, Crypto |
| Withdrawal Speed | 1 business day | Same day to 1 business day |
| Execution Type | NDD / STP | ECN / DMA |
Tickmill vs FP Markets: Fee Breakdown
When comparing the trading costs between Tickmill and FP Markets, it's essential to look beyond just the advertised spreads. We must factor in commissions, swap rates, and non-trading fees like deposit or inactivity charges. Tickmill offers pricing characterized by $2/lot (Raw) alongside 0.0 pips (Raw) | 1.6 pips (Classic) spreads. In contrast, FP Markets utilizes a model with $3/lot (Raw) and 0.0 pips (Raw) spreads. For active, high-volume traders, either broker provides the superior cost-efficiency curve.
| Fee Type | Tickmill | FP Markets |
|---|---|---|
| EUR/USD Spread | 0.0 pips (Raw) | 1.6 pips (Classic) | 0.0 pips (Raw) |
| Commission Defaults | $2/lot (Raw) | $3/lot (Raw) |
| Execution Model | NDD / STP | ECN / DMA |
| Deposit Fees | None | None |
| Withdrawal Speed | 1 business day | Same day to 1 business day |
Safety & Regulation: Is Tickmill or FP Markets Safer?
Trust is paramount in forex trading. Both Tickmill and FP Markets are highly regulated entities, but their jurisdictional footprints differ. Tickmill is armed with 2 Tier-1 licenses and has been securing client funds since 2014. FP Markets, licensed since 2005, counters with 2 Tier-1 regulatory bodies overseeing its operations. They are evenly matched in terms of top-tier trust metrics. Both brokers employ strict client fund segregation.
Tickmill
Tier 1- Regulators:FCA (UK)CySEC (Cyprus)FSA (Seychelles)
- Investor Protection: £85,000 (FSCS UK) / €20,000 (ICF)
- Licensed Since: 2014
FP Markets
Tier 1- Regulators:ASIC (Australia)CySEC (Cyprus)SVG FSA
- Investor Protection: Segregated client funds / €20,000 ICF
- Licensed Since: 2005
Platform & Tools Comparison
The software you trade on dictates your execution speed and analytical depth. Both brokers provide industry stalwarts, but divergencies exist. Tickmill equips its clients with MT4, MT5, Tickmill App. FP Markets, on the other hand, grants access to MT4, MT5, cTrader, IRESS. If you rely on cTrader capabilities, this section heavily dictates your broker choice.
| Feature | Tickmill | FP Markets |
|---|---|---|
| MetaTrader 4 | ||
| MetaTrader 5 | ||
| cTrader | ||
| TradingView | ||
| Proprietary Environment | Yes (IRESS) | |
| Copy Trading Network |
Pros & Cons: Tickmill vs FP Markets
Tickmill
Pros
- Ultra-low commissions at $2/lot roundturn
- No restrictions on scalping or EAs
- FCA and CySEC regulated
- Free VPS for active traders
- Negative balance protection
Cons
- $100 minimum deposit
- Limited product range outside forex
- No proprietary web platform
FP Markets
Pros
- True ECN pricing from 0.0 pips
- ASIC and CySEC regulated
- cTrader and IRESS platforms
- Over 10,000 tradable instruments
- Excellent execution speeds
Cons
- $100 minimum deposit
- IRESS platform has additional fees
- Limited educational content
Expert Verdict: Tickmill vs FP Markets
When we place Tickmill and FP Markets side-by-side, we observe two distinct philosophies in client servicing. Tickmill, licensed since 2014, has carved out a massive niche focusing on scalpers, day traders & low-commission professionals. Their execution model heavily leans into NDD / STP, and their platform environment highlights MT4.
Conversely, FP Markets, operational out of Sydney, Australia, has architected its infrastructure predominantly for ecn traders, scalpers & australian clients. Their $3/lot (Raw) commission structure combined with 0.0 pips (Raw) spreads makes them a formidable competitor.
The Bottom Line: If your primary directive is ultra-low commissions at $2/lot roundturn, and you intend to start with a minimum of $100, Tickmill is the logical path forward. If, however, you value true ecn pricing from 0.0 pips and require MT4, FP Markets edges out the competition and earns our recommendation.
Tickmill vs FP Markets: Frequently Asked Questions
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Risk Warning: Forex and CFD trading involves significant risk of loss. 68–80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|Affiliate Disclosure: We may receive compensation from the brokers listed on this page. This does not influence our rankings or reviews, which are based on independent analysis.
Comparison data updated February 2026. Broker terms, spreads, and conditions vary by region and account type. See our methodology | Full Disclaimer | Privacy Policy