EntryLab
Head-to-Head

HeroFX vs Tickmill

Two brokers compared on spreads, platforms, regulation, and execution.

Last updated: March 21, 2026

HeroFX

HeroFX

9.6/10

vs
Tickmill

Tickmill

8.2/10

★ Winner

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

Feature
HeroFX
WinnerTickmill
Our Rating9.6/108.2/10
RegulationUnregulatedFCA, CySEC, FSCA, DFSA, FSA
Min Deposit$5$100
Spread From0.01 pips0.0 pips
Max Leverage1:5001:1000
PlatformsTradeLockerMT4, MT5, TradingView
1

Customer Support & Reputation

HeroFX wins

Tickmill 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.

HeroFXHeroFX4.80
✓ WINS
VS
TickmillTickmill4.10
2

Leverage & Instruments

Tickmill wins

Tickmill 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.

HeroFXHeroFX1:500
VS
TickmillTickmill1:1000
✓ WINS
3

Deposit & Withdrawal

HeroFX wins

HeroFX 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.

HeroFXHeroFX$5.00
✓ WINS
VS
TickmillTickmill$100
4

Platforms & Tools

Tickmill wins

Tickmill 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.

HeroFXHeroFX
VS
TickmillTickmill
✓ WINS
5

Regulation & Safety

Tickmill wins

When 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.

HeroFXHeroFX
VS
TickmillTickmill
✓ WINS
6

Trading Costs

Tickmill wins

HeroFX 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.

HeroFXHeroFX0.01
VS
TickmillTickmill0.0 pips
✓ WINS
7

Account Types & Min Deposit

HeroFX wins

HeroFX 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.

HeroFXHeroFX$5.00
✓ WINS
VS
TickmillTickmill$100

Our Pick

Tickmill Wins This Round

Based on our side-by-side analysis, Tickmill edges ahead in this matchup. Get started today.

Read Tickmill Review

Ready to Choose?

Tickmill

Tickmill

★ Our Pick

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.