FP Markets vs Tickmill
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
FP Markets wins this comparison — 2 out of 5 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. FP Markets came out ahead based on our scoring criteria. Read each category below for the full breakdown.
Side-by-Side Comparison
Customer Support & Reputation
FP Markets winsTickmill has a slight edge in customer support and overall reputation. It holds an EntryLab rating of 7.80/10 and offers live chat support. FP Markets scores 4.50/10 on our platform, which is respectable but trails behind.
FP Markets4.50
Tickmill4.10Leverage & Instruments
Tickmill winsFP Markets offers greater trading power with maximum leverage of 1:500 offshore / 1:30 EU & AU. This gives active traders more flexibility to size positions. Tickmill caps leverage at 1:1000, which may limit scalability for experienced traders looking for higher exposure.
FP Markets1:500 offshore / 1:30 EU & AUTickmill1:1000Deposit & Withdrawal
FP Markets supports a wider range of deposit and withdrawal options. It accepts Bank Transfer, Visa/Mastercard, Skrill, Neteller, PayPal, Crypto, including cryptocurrency, giving traders more flexibility. Tickmill offers Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto, UnionPay, which may not suit all traders.
FP Markets$100Tickmill$100Platforms & Tools
FP Markets winsFP Markets provides a broader range of trading platforms. It supports MT4, MT5, IRESS, cTrader, giving traders more flexibility in how they access the markets. Tickmill offers MT4, MT5, TradingView, which covers the essentials but falls short on variety.
FP MarketsTickmillRegulation & Safety
Tickmill winsWhen it comes to regulation, Tickmill holds the edge. Tickmill is regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles), a top-tier authority, while FP Markets operates under ASIC 286354, CySEC 371/18. For traders who prioritise safety and fund protection, Tickmill is the stronger choice in this category.
FP MarketsTickmillTrading Costs
Tickmill winsFP Markets offers more competitive trading costs overall. With EUR/USD spreads from 0.0 pips (Raw) / 1.0 pips (Standard) and commissions of commission-free, it undercuts Tickmill, which charges spreads of 0.0 pips with $3 per lot per side (Raw) commission. Cost-conscious traders will find FP Markets more attractive.
FP Markets0.0 pips (Raw) / 1.0 pips (Standard)Tickmill0.0 pipsAccount Types & Min Deposit
FP Markets is the more accessible choice for traders getting started. With a minimum deposit of $100, it requires less capital to open an account than Tickmill, which requires $100. Lower barriers to entry make FP Markets the winner in this category.
FP Markets$100Tickmill$100Our Pick
FP Markets Wins This Round
Based on our side-by-side analysis, FP Markets edges ahead in this matchup. Get started today.
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Frequently Asked Questions
Is FP Markets better than Tickmill?
Based on our analysis across 7 key categories, FP Markets wins with a score of 5–2. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, FP Markets or Tickmill?
FP Markets offers lower trading costs. FP Markets spreads start from 0.0 pips (Raw) / 1.0 pips (Standard) while Tickmill starts from 0.0 pips.
Is FP Markets safer than Tickmill?
Tickmill is regulated by a higher-tier authority. FP Markets is regulated by ASIC 286354, CySEC 371/18, while Tickmill is regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles).
Can I use MT5 with both FP Markets and Tickmill?
FP Markets supports MT4, MT5, IRESS, cTrader and Tickmill supports MT4, MT5, TradingView. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, FP Markets or Tickmill?
FP Markets has the lower minimum deposit requirement. FP Markets requires $100 while Tickmill requires $100.
Is FP Markets regulated?
Yes, FP Markets is regulated by ASIC 286354, CySEC 371/18. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, FP Markets or Tickmill?
For beginners, FP Markets is generally the stronger choice due to its lower minimum deposit. However, both brokers offer standard tools suitable for newer traders.