Tickmill vs TMGM
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
Tickmill wins this comparison — 4 out of 4 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
Tickmill 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. TMGM scores 4.00/10 on our platform, which is respectable but trails behind.
Tickmill4.10
TMGM4.00Leverage & Instruments
Tickmill winsTMGM offers greater trading power with maximum leverage of 1:30 ASIC / up to 1:500 offshore. 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.
Tickmill1:1000TMGM1:30 ASIC / up to 1:500 offshoreDeposit & Withdrawal
Tickmill 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. TMGM offers Bank Wire, Cards, Skrill, Neteller, FasaPay, which may not suit all traders.
Tickmill$100TMGM$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.
TickmillTMGMRegulation & 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 TMGM operates under ASIC (Australia), FMA (New Zealand). For traders who prioritise safety and fund protection, Tickmill is the stronger choice in this category.
TickmillTMGMTrading Costs
Tickmill winsTMGM offers more competitive trading costs overall. With EUR/USD spreads from From 0.0 pips (Edge) + $3.50/side commission 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 TMGM more attractive.
Tickmill0.0 pipsTMGMFrom 0.0 pips (Edge) + $3.50/side commissionAccount Types & Min Deposit
Tickmill is the more accessible choice for traders getting started. With a minimum deposit of $100, it requires less capital to open an account than TMGM, which requires $100. Lower barriers to entry make Tickmill the winner in this category.
Tickmill$100TMGM$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 Tickmill better than TMGM?
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, Tickmill or TMGM?
TMGM offers lower trading costs. Tickmill spreads start from 0.0 pips while TMGM starts from From 0.0 pips (Edge) + $3.50/side commission.
Is Tickmill safer than TMGM?
Tickmill is regulated by a higher-tier authority. Tickmill is regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles), while TMGM is regulated by ASIC (Australia), FMA (New Zealand).
Can I use MT5 with both Tickmill and TMGM?
Tickmill supports MT4, MT5, TradingView and TMGM supports MT4, MT5, IRESS. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, Tickmill or TMGM?
Tickmill has the lower minimum deposit requirement. Tickmill requires $100 while TMGM requires $100.
Is Tickmill regulated?
Yes, Tickmill is regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles). Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, Tickmill or TMGM?
For beginners, Tickmill is generally the stronger choice due to its lower minimum deposit. However, both brokers offer standard tools suitable for newer traders.