Broker Comparison

XM vs Tickmill: Which Is Better?

A quick comparison between XM and Tickmill across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
XM

Best overall based on rating, usability, fees, and account access.

Overall
XM
Beginners
XM
Spreads
Tickmill
Best Overall

XM

Low deposit

4.5out of 5
XM
Minimum Deposit
$5
Islamic Account
Available
Trading Platforms
MT4 | MT5

Tickmill

Scalpers

4.4out of 5
Tickmill
Minimum Deposit
$100
Islamic Account
Available
Trading Platforms
MT4 | MT5 | TradingView
Final Verdict

Which broker is better: XM or Tickmill?

A quick summary to help you choose the better broker based on your goal.

Overall Winner
XM

Best balance between rating, fees, trust, and usability.

Beginners
XM
Spreads
Tickmill
Deposit
XM
Quick Summary

If you want the stronger overall choice, XM looks more suitable here. For beginners, the closer choice is XM. For lower spreads and active trading, Tickmill looks more relevant.

Account opening is completed through the broker’s official website.

Score Analysis

Strength Analysis Between XM and Tickmill

A visual summary showing where each broker performs better in safety, fees, platforms, deposits and withdrawals, and support.

Best Overall: XMBeginners: XM

Safety & Trust

Reflects regulation strength and client fund protection.

Close
XM4.5 / 5
Tickmill4.5 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Better: Tickmill
XM4.0 / 5
Tickmill4.6 / 5

Trading Platforms

Based on platform quality and available trading tools.

Close
XM4.5 / 5
Tickmill4.5 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Better: XM
XM5.0 / 5
Tickmill4.3 / 5

Support & Customer Service

Compares support quality and overall user experience.

Small Edge
XM4.5 / 5
Tickmill4.3 / 5

These scores help you understand where each broker performs better depending on your priority: safety, costs, platforms, deposits and withdrawals, or support.

Accounts & Trading Costs

Account and Fee Comparison

A quick summary of the main cost factors between XM and Tickmill.

Quick Summary
Tickmill

Tickmill looks stronger in terms of cost or spreads.

XM Accounts
4
Tickmill Accounts
3
Beginners
XM
Factor
XM
Tickmill
Main Account
Micro
Classic
Min Deposit
$5
$100
Spread
1.0 – 1.5
1.6 - 2.0
Commission
$0
$0
Execution
Market Execution
Market Execution

XM Accounts

4 available accounts

Micro
Spread
1.0 – 1.5
Commission
$0
Deposit
$5
Execution
Market Execution
Standard
Spread
1.0 – 1.5
Commission
$0
Deposit
$5
Execution
Market Execution
Ultra Low
Spread
0.6 – 1.0
Commission
$0
Deposit
$5
Execution
Market Execution
Zero
Spread
0.0 – 0.3
Commission
$7 per lot
Deposit
$5
Execution
Market Execution

Tickmill Accounts

3 available accounts

Classic
Spread
1.6 - 2.0
Commission
$0
Deposit
$100
Execution
Market Execution
Raw
Spread
0.0 - 0.3
Commission
$3 per lot
Deposit
$100
Execution
Market Execution
TradingView Raw
Spread
0.0 - 0.3
Commission
$3.5 per lot
Deposit
$100
Execution
Market Execution

Start with the broker that fits you best

After reviewing accounts and costs, choose the broker that better matches your trading style.

The most important factor is not only the number of accounts, but choosing the account that fits your needs in terms of spread, commission, minimum deposit, and execution method.

Quick Decision

Which Broker Should You Choose Now?

A practical summary to choose the better broker based on your goal.

Overall Recommendation
XM

The strongest overall choice based on this comparison.

Beginners
XM
Costs
Tickmill
Short Decision

Choose XM if you want the strongest overall option. For an easier start, the closer choice is XM.

FAQs

Questions About XM and Tickmill

Key questions before opening an account.

XM
Tickmill

Is XM Zero account really cheaper than Standard accounts?

XM Zero offers spreads starting from 0.0 pips, but charges a commission of about $7 per lot round turn. In contrast, Standard accounts include costs in spreads starting around 1.0–1.5 pips, making Zero accounts more suitable for active traders.

What is the real spread on XM accounts in live trading?

XM Standard and Micro accounts typically have spreads between 1.0 to 1.5 pips, while Ultra Low accounts offer tighter spreads from around 0.6 pips. These spreads are variable and can increase during volatility.

Does XM use market execution or instant execution?

XM mainly uses Market Execution across its account types, allowing trades to be executed at the best available price without requotes, but with possible slippage during fast markets.

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.

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