Broker Alarab
Broker Comparison

JustMarkets vs Tickmill: Which Broker Is Better?

Compare JustMarkets and Tickmill across fees, spreads, regulation, account types, trading platforms and overall suitability for different trading needs.

Best Overall
Tickmill
Overall Rating
Best for Beginners
JustMarkets
Costs and Execution
Tickmill
Direct Comparison

JustMarkets vs Tickmill

VS
JustMarkets logo

JustMarkets

4.15out of 5
Best Suited For

MetaTrader and low spreads

Tickmill logo

Tickmill

4.47out of 5
Best Suited For

Scalping and automated trading

Broker Alarab View
Our View on JustMarkets▼

JustMarkets suits traders who want flexibility from cent and standard accounts up to more advanced options, but the best conditions depend on choosing the right account type.

Our View on Tickmill▼

Tickmill is known for competitive trading costs and offers Classic, Raw and TradingView Raw account options, together with MT4, MT5 and TradingView support for active trading strategies.

It may suit scalpers and algorithmic traders who monitor spreads and commissions closely, but its value depends on trading volume, platform choice and account type, while long-term investors may prefer broader market access.

Score Analysis

Strength Comparison

Compare JustMarkets and Tickmill across the main factors traders consider when choosing a broker.

Comparison Factor
JustMarkets
Tickmill

Safety & Trust

4.10
4.65

Fees & Costs

4.20
4.70

Trading Platforms

4.15
4.55

Deposits & Withdrawals

4.25
4.40

Customer Support

4.05
4.35

Small score differences do not mean the brokers are identical. Choose according to the factor that matters most to you, such as regulation, trading costs, platforms, withdrawals or customer support.

Accounts & Trading Costs

Compare Accounts and Fees

Compare account types, spreads, commissions and minimum deposits at JustMarkets and Tickmill.

Quick Cost Comparison
Tickmill

Tickmill shows an advantage in trading costs or spreads based on the available data.

JustMarkets
4
available accounts
Tickmill
3
available accounts
Ease of Entry
Best for Beginners
JustMarkets
Comparison
JustMarkets
Tickmill
Main Account
Standard
Classic
Minimum Deposit
$10
$100
Spread
0.8 – 1.3
1.6 - 2.0
Commission
$0
$0
Execution
Market Execution
Market Execution
Account Details

Explore Available Account Types

Open each broker to compare the spread, commission, deposit and execution method for every account.

JustMarkets Accounts

4 available accounts

▼
Spread
0.8 – 1.3
Commission
$0
Deposit
$10
Execution: Market Execution
Standard Cent

General traders

Details
Spread
1.0 – 1.5
Commission
$0
Deposit
$10
Execution: Market Execution
Pro

General traders

Details
Spread
0.5 – 1.0
Commission
$0
Deposit
$200
Execution: Market Execution
Raw Spread

General traders

Details
Spread
0.0 – 0.3
Commission
$6 per lot
Deposit
$500
Execution: Market Execution

Tickmill Accounts

3 available accounts

▼
Classic

Beginners & general traders

Details
Spread
1.6 - 2.0
Commission
$0
Deposit
$100
Execution: Market Execution
Raw

Scalpers & active traders

Details
Spread
0.0 - 0.3
Commission
$6 per lot
Deposit
$100
Execution: Market Execution
TradingView Raw

TradingView traders & scalpers

Details
Spread
0.0 - 0.3
Commission
$3.5 per lot
Deposit
$100
Execution: Market Execution

Do not choose a broker based only on the number of accounts. Compare spreads, commissions, minimum deposits and execution methods before selecting a trading account.

Choose the Broker That Fits Your Trading

Continue after reviewing the available accounts and trading costs.

JustMarkets
Start Now
Tickmill
Start Now
Safety & Regulation

Compare Broker Safety

JustMarkets vs Tickmill

Compare safety scores, regulators and the legal entity responsible for each trading account.

JustMarkets
4.10
Safety score out of 5
Tickmill
4.65
Safety score out of 5
JustMarkets
4 licencesIslamic account
Tickmill
4 licencesIslamic account

The number of licences alone is not enough. Verify the legal entity that will hold your account.

JustMarkets logo
Regulatory Profile

JustMarkets Licences

4 registered licences • 4.10 out of 5

▼
Headquarters
Limassol, Cyprus
Islamic Account
Available

Regulators

4 records
CySECStrong oversight
Cyprus Securities and Exchange Commission
Licence Number
401/21
Legal Entity
JustMarkets Ltd
FSAInternational oversight
Financial Services Authority Seychelles
Licence Number
SD088
Legal Entity
Just Global Markets Ltd
Seychelles
Official Check
FSC BelizeInternational oversight
Financial Services Commission Belize
Licence Number
GB22200881
Legal Entity
Just Global Markets (MU) Limited
FSC BVIInternational oversight
British Virgin Islands Financial Services Commission
Licence Number
SIBA/L/24/1177
Legal Entity
Just Global Markets (VG) Limited
British Virgin Islands
Official Check
Regulation and Fund Protection
Read the full analysis
▼

Regulatory Summary

JustMarkets emphasizes client protection features such as segregated accounts and negative balance protection in its official materials. Its trust profile is practical, though the strength of safeguards still depends on the operating entity.

Client Fund Protection at JustMarkets

JustMarkets states that client funds are held separately from the company’s operating funds. Negative balance protection is also available under the conditions of the relevant account and legal entity, helping prevent eligible clients from being required to cover a negative balance caused by exceptional market movements.

The legal strength of these safeguards is not identical for every JustMarkets client. Client-money rules, investor compensation arrangements and complaint procedures may differ between the CySEC-regulated entity and international entities regulated in Seychelles, Mauritius or the British Virgin Islands. Traders should confirm the legal company responsible for their account before depositing.

Tickmill logo
Regulatory Profile

Tickmill Licences

4 registered licences • 4.65 out of 5

▼
Headquarters
London, UK
Islamic Account
Available

Regulators

4 records
CySECStrong oversight
Cyprus Securities and Exchange Commission
Licence Number
278/15
Legal Entity
Tickmill Europe Ltd
FCAStrong oversight
Financial Conduct Authority
Licence Number
717270
Legal Entity
Tickmill UK Ltd
United Kingdom
Official Check
FSCAModerate oversight
Financial Sector Conduct Authority
Licence Number
49464
Legal Entity
Tickmill South Africa (Pty) Ltd
South Africa
Official Check
FSAInternational oversight
Financial Services Authority Seychelles
Licence Number
SD008
Legal Entity
Tickmill Ltd
Seychelles
Official Check
Regulation and Fund Protection
Read the full analysis
▼

Regulatory Summary

Tickmill operates through entities that include Tickmill UK Ltd, authorised by the UK FCA under licence number 717270; Tickmill Europe Ltd, regulated by CySEC under licence number 278/15; Tickmill South Africa, supervised by the FSCA; and Tickmill Ltd, regulated by the Seychelles FSA under licence number SD008 for several international markets.

The FCA and CySEC entities provide the stronger regulatory framework within the group, but a client may be assigned to the South African or Seychelles entity depending on the country of residence. This can affect leverage, investor protection, negative-balance protection and complaint procedures even when Tickmill platforms and account names appear similar.

Before choosing Tickmill because of its trading costs or active-trader accounts, traders should review the legal entity shown during registration and verify its licence number in the official register. This allows them to compare execution quality and spreads with the level of oversight actually responsible for the account.

Client Fund Protection at Tickmill

Regulated Tickmill entities hold eligible client funds in segregated accounts according to the client-money rules of the relevant regulator. Negative balance protection may also be available under the conditions of specific entities and account types, helping eligible clients avoid liability resulting from a negative trading-account balance.

Some clients registered with the UK or European entities may qualify for statutory investor compensation schemes. These protections do not automatically extend to international accounts opened with the Seychelles entity. Traders should verify the legal company, licence number, fund-custody rules and complaint procedure applying to their account before depositing.

Before depositing, match the legal entity and licence number in your client agreement with the regulator’s official register.

Comparison Summary

Which Broker Fits You?

Choose based on your priorities, not the overall rating alone.

Overall Result
Tickmill

Tickmill has the higher overall rating, but review why each broker may suit you before deciding.

Easier Start
JustMarkets
Fees & Costs
Tickmill
JustMarkets logo
Alternative Choice by Priority

JustMarkets

4.15
out of 5
Choose This Broker If You Want

Standard and Raw accounts with flexible entry requirements

BeginnersLow-deposit traders
Important

Client protection and leverage limits vary by regulatory entity

Tickmill logo
Best Choice by Overall Rating

Tickmill

4.47
out of 5
Choose This Broker If You Want

Classic and Raw accounts with competitive active trading costs

ScalpersActive forex traders
Important

Product selection may be narrower than at larger multi-asset brokers

Final Decision
Broker Alarab View

Tickmill is known for competitive trading costs and offers Classic, Raw and TradingView Raw account options, together with MT4, MT5 and TradingView support for active trading strategies.

Check the account conditions, fees and regulatory entity available in your country before registering.

Frequently Asked Questions

Questions About JustMarkets and Tickmill

Important answers before opening an account or choosing the more suitable broker.

JustMarkets
Tickmill

Questions About JustMarkets

3 questions

Is JustMarkets a reliable broker or is there risk involved?

▼

JustMarkets operates under multiple regulatory entities such as CySEC, FSA, and FSCA, but protection levels vary depending on the region. While many traders report smooth execution and fast withdrawals, others raise concerns about offshore regulation and limited protection compared to top-tier brokers.

What is the minimum deposit required to trade on JustMarkets?

▼

The minimum deposit on JustMarkets can start as low as $1 depending on the account type and payment method, although most standard trading accounts typically require around $10.

How competitive are spreads and commissions on JustMarkets?

▼

JustMarkets offers spreads starting from around 0.8 pips on Standard accounts and from 0.0 pips on Raw Spread accounts, where a commission of about $6 per lot is applied. Overall trading costs are considered competitive compared to similar brokers.

Questions About Tickmill

3 questions

Is Tickmill good for scalping?

▼

Tickmill is widely considered one of the better brokers for scalping due to its low spreads, competitive commissions, and fast execution speeds on MT4, MT5, and TradingView.

Is Tickmill a safe and regulated broker?

▼

Tickmill operates under multiple regulatory entities, including the FCA in the UK and CySEC in Cyprus. Client funds are held in segregated accounts, with protection measures varying by jurisdiction.

What is the difference between Tickmill Classic and Raw accounts?

▼

The Classic account offers commission-free trading with spreads from around 1.6 pips, while the Raw account provides spreads from 0.0 pips with a fixed commission per trade.

Conditions may vary by country and regulatory entity. Review the account details before registering.