HeroFX vs Tickmill
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
Tickmill wins this comparison — 4 out of 7 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. Tickmill came out ahead based on our scoring criteria. Read each category below for the full breakdown.
Side-by-Side Comparison
Customer Support & Reputation
HeroFX 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. HeroFX scores 4.80/10 on our platform, which is respectable but trails behind.
Leverage & Instruments
Tickmill winsTickmill offers greater trading power with maximum leverage of 1:1000. This gives active traders more flexibility to size positions. HeroFX caps leverage at 1:500, which may limit scalability for experienced traders looking for higher exposure.
Deposit & Withdrawal
HeroFX winsHeroFX supports a wider range of deposit and withdrawal options. It accepts Crypto (BTC, ETH, USDT, TRX, MATIC, SOL, DOT, BNB, USDC), including cryptocurrency, giving traders more flexibility. Tickmill offers Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto, UnionPay, which may not suit all traders.
Platforms & Tools
Tickmill winsTickmill provides a broader range of trading platforms. It supports MT4, MT5, TradingView, giving traders more flexibility in how they access the markets. HeroFX offers TradeLocker, which covers the essentials but falls short on variety.
Regulation & 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 HeroFX operates under No Regulation (registered in Saint Lucia). For traders who prioritise safety and fund protection, Tickmill is the stronger choice in this category.
Trading Costs
Tickmill winsHeroFX offers more competitive trading costs overall. With EUR/USD spreads from 0.01 and commissions of $0 (Zero Commission), from $1/lot (Raw Spread and Islamic), it undercuts Tickmill, which charges spreads of 0.0 pips with $3 per lot per side (Raw) commission. Cost-conscious traders will find HeroFX more attractive.
Account Types & Min Deposit
HeroFX winsHeroFX is the more accessible choice for traders getting started. With a minimum deposit of $5.00, it requires less capital to open an account than Tickmill, which requires $100. Lower barriers to entry make HeroFX the winner in this category.
Our Pick
Tickmill Wins This Round
Based on our side-by-side analysis, Tickmill edges ahead in this matchup. Get started today.
Read Tickmill ReviewReady to Choose?
Frequently Asked Questions
Is HeroFX better than Tickmill?
Based on our analysis across 7 key categories, Tickmill wins with a score of 4–3. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, HeroFX or Tickmill?
HeroFX offers lower trading costs. HeroFX spreads start from 0.01 while Tickmill starts from 0.0 pips.
Is HeroFX safer than Tickmill?
Tickmill is regulated by a higher-tier authority. HeroFX is regulated by No Regulation (registered in Saint Lucia), while Tickmill is regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles).
Can I use MT5 with both HeroFX and Tickmill?
HeroFX supports TradeLocker and Tickmill supports MT4, MT5, TradingView. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, HeroFX or Tickmill?
HeroFX has the lower minimum deposit requirement. HeroFX requires $5.00 while Tickmill requires $100.
Is HeroFX regulated?
Yes, HeroFX is regulated by No Regulation (registered in Saint Lucia). Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, HeroFX or Tickmill?
For beginners, Tickmill is generally the stronger choice due to its lower minimum deposit and broader educational resources. However, both brokers offer standard tools suitable for newer traders.

