IC Markets vs Tickmill
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
Tickmill wins this comparison — 5 out of 6 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
IC 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. IC Markets scores 4.70/10 on our platform, which is respectable but trails behind.
IC Markets4.70
Tickmill4.10Leverage & Instruments
Tickmill winsIC 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.
IC Markets1:500 offshore / 1:30 EU & AUTickmill1:1000Deposit & Withdrawal
Tickmill winsTickmill supports a wider range of deposit and withdrawal options. It accepts Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto, UnionPay, including cryptocurrency, giving traders more flexibility. IC Markets offers Bank Transfer, Visa/Mastercard, Skrill, Neteller, PayPal, Crypto, which may not suit all traders.
IC Markets$200Tickmill$100Platforms & Tools
Both brokers offer a similar platform suite, so neither has a clear advantage here. Traders using MT4 or MT5 will be equally well-served by either.
IC 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 IC Markets operates under ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018. For traders who prioritise safety and fund protection, Tickmill is the stronger choice in this category.
IC MarketsTickmillTrading Costs
Tickmill winsIC Markets offers more competitive trading costs overall. With EUR/USD spreads from 0.0 pips (Raw) / 0.6 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 IC Markets more attractive.
IC Markets0.0 pips (Raw) / 0.6 pips (Standard)Tickmill0.0 pipsAccount Types & Min Deposit
Tickmill winsTickmill is the more accessible choice for traders getting started. With a minimum deposit of $100, it requires less capital to open an account than IC Markets, which requires $200. Lower barriers to entry make Tickmill the winner in this category.
IC Markets$200Tickmill$100Our 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 IC Markets better than Tickmill?
Based on our analysis across 7 key categories, Tickmill wins with a score of 4–2. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, IC Markets or Tickmill?
IC Markets offers lower trading costs. IC Markets spreads start from 0.0 pips (Raw) / 0.6 pips (Standard) while Tickmill starts from 0.0 pips.
Is IC Markets safer than Tickmill?
Tickmill is regulated by a higher-tier authority. IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018, while Tickmill is regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles).
Can I use MT5 with both IC Markets and Tickmill?
IC Markets supports MT4, MT5, cTrader and Tickmill supports MT4, MT5, TradingView. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, IC Markets or Tickmill?
Tickmill has the lower minimum deposit requirement. IC Markets requires $200 while Tickmill requires $100.
Is IC Markets regulated?
Yes, IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, IC Markets or Tickmill?
For beginners, Tickmill is generally the stronger choice due to its lower minimum deposit. However, both brokers offer standard tools suitable for newer traders.