Tickmill vs XM
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Side-by-Side Comparison
Customer Support & Reputation
XM 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. XM scores 4.60/10 on our platform, which is respectable but trails behind.
Tickmill4.10
XM4.60Leverage & Instruments
XM offers greater trading power with maximum leverage of 1:1000 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.
Tickmill1:1000XM1:1000 offshore / 1:30 EU & AUDeposit & Withdrawal
XM 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. XM offers Cards, Bank Transfer, Skrill, Neteller, SticPay, Crypto (USDT/USDC), which may not suit all traders.
Tickmill$100XM$5Platforms & 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.
TickmillXMRegulation & 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 XM operates under CySEC 120/10, ASIC 443670, DFSA F003484, FSC Belize 000261/309. For traders who prioritise safety and fund protection, Tickmill is the stronger choice in this category.
TickmillXMTrading Costs
Tickmill winsXM offers more competitive trading costs overall. With EUR/USD spreads from 0.6 pips (Standard) / 0.0 + $3.5 commission (Zero) 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 XM more attractive.
Tickmill0.0 pipsXM0.6 pips (Standard) / 0.0 + $3.5 commission (Zero)Account Types & Min Deposit
XM winsXM is the more accessible choice for traders getting started. With a minimum deposit of $5, it requires less capital to open an account than Tickmill, which requires $100. Lower barriers to entry make XM the winner in this category.
Tickmill$100XM$5Ready to Choose?
Frequently Asked Questions
Is Tickmill better than XM?
Tickmill and XM are closely matched overall, with neither broker winning outright. The better choice depends on which features matter most to you.
Which has lower spreads, Tickmill or XM?
XM offers lower trading costs. Tickmill spreads start from 0.0 pips while XM starts from 0.6 pips (Standard) / 0.0 + $3.5 commission (Zero).
Is Tickmill safer than XM?
Tickmill is regulated by a higher-tier authority. Tickmill is regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSA (Seychelles), while XM is regulated by CySEC 120/10, ASIC 443670, DFSA F003484, FSC Belize 000261/309.
Can I use MT5 with both Tickmill and XM?
Tickmill supports MT4, MT5, TradingView and XM supports MT4, MT5, XM App. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, Tickmill or XM?
XM has the lower minimum deposit requirement. Tickmill requires $100 while XM requires $5.
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 XM?
Both brokers offer beginner-friendly features. We recommend comparing their educational resources and account types to find the best fit.