IC Markets vs Tickmill: which is better?

IC Markets and Tickmill are compared here on the trading conditions that decide cost: verified spreads by account type, commission, minimum deposit, leverage, regulation, platforms and market coverage. Both appear in our Lowest Spreads and Best for MT4 rankings, which is why traders shortlist them together. Every figure below is read straight from each broker’s own record — spreads come from the Spread Meter dataset with a source and a verification date, not from marketing pages. On our scoring model IC Markets leads at 8.9/10 against 6.1/10, but the right answer depends on which of the differences below matters to how you trade.

Key differences between IC Markets and Tickmill

• Lowest verified spread

  IC Markets Standard From 0.8 pips ($0); ECN From 0.0 pips (US$3.00 per US$100k/side)

  Tickmill Standard From 1.6 pips ($0); ECN From 0.0 pips (US$3.00 per lot per side)

  IC Markets and Tickmill publish the same entry spread on their cheapest account.

• Minimum deposit

  IC Markets $0

  Tickmill $100

  IC Markets is cheaper to open, from $0.

• Regulation

  IC Markets ASIC, FSA (Seychelles)

  Tickmill FSA (Seychelles), FCA, DFSA, FSCA

  Tickmill holds more licences on record (4 vs 2).

• Maximum leverage

  IC Markets 1:30 for ASIC retail clients; far higher under the Seychelles entity

  Tickmill Up to 1:1000 advertised; UK retail clients typically capped at ~1:30

  Tickmill allows higher maximum leverage (1:1000 against 1:30), which also means more risk.

• Platforms

  IC Markets MT4, MT5, cTrader, TradingView

  Tickmill MT4, MT5, TradingView, Tickmill Trader

  Only IC Markets offers cTrader; Only Tickmill offers Tickmill Trader.

• Overall score

  IC Markets 8.9/10

  Tickmill 6.1/10

  IC Markets scores higher overall (8.9 against 6.1).

Side by side

Pricing is the lowest verified figure per account type from the Spread Meter dataset; every other field is read from the broker’s own record.

Broker trading conditions compared

Criteria	IC Markets Register	Tickmill Visit TickmillRegister
Overall rating	4.7	4.2
Overall score	8.9/10	6.1/10
Regulation	ASIC, FSA (Seychelles)	FSA (Seychelles), FCA, DFSA, FSCA
Pricing by account type	Standard·From 0.8 pipsCommission $0 ECN(Raw Spread (cTrader))·From 0.0 pipsCommission US$3.00 per US$100k/side	Standard(Classic)·From 1.6 pipsCommission $0 ECN(Raw)·From 0.0 pipsCommission US$3.00 per lot per side
Minimum deposit	$0	$100
Leverage	1:30 for ASIC retail clients; far higher under the Seychelles entity	Up to 1:1000 advertised; UK retail clients typically capped at ~1:30
Platforms	MT4, MT5, cTrader, TradingView	MT4, MT5, TradingView, Tickmill Trader
Account types	Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader), Raw Pro, Raw Pro+	Classic, Raw, TradingView Raw, Islamic/Swap-free, Demo
Markets	Forex, Indices, Commodities, Shares, Bonds, Crypto CFDs	Forex, Indices, Commodities, Share CFDs, Other CFDs
Payment methods	Bank transfer, Visa / Mastercard, PayPal, Skrill, Neteller	Bank transfer, Visa / Mastercard, Skrill, Neteller
Best for	Raw-spread trading	Active traders who want a TradingView Raw account
Open an account	Register	Visit TickmillRegister

IC Markets

Tickmill

Overall rating

IC Markets4.7

Tickmill4.2

Overall score

IC Markets8.9/10

Tickmill6.1/10

Regulation

IC MarketsASIC, FSA (Seychelles)

TickmillFSA (Seychelles), FCA, DFSA, FSCA

Pricing by account type

IC Markets

• Standard·From 0.8 pipsCommission $0
• ECN(Raw Spread (cTrader))·From 0.0 pipsCommission US$3.00 per US$100k/side

Tickmill

• Standard(Classic)·From 1.6 pipsCommission $0
• ECN(Raw)·From 0.0 pipsCommission US$3.00 per lot per side

Minimum deposit

IC Markets$0

Tickmill$100

Leverage

IC Markets1:30 for ASIC retail clients; far higher under the Seychelles entity

TickmillUp to 1:1000 advertised; UK retail clients typically capped at ~1:30

Platforms

IC MarketsMT4, MT5, cTrader, TradingView

TickmillMT4, MT5, TradingView, Tickmill Trader

Account types

IC MarketsStandard, Raw Spread (MT4/MT5), Raw Spread (cTrader), Raw Pro, Raw Pro+

TickmillClassic, Raw, TradingView Raw, Islamic/Swap-free, Demo

Markets

IC MarketsForex, Indices, Commodities, Shares, Bonds, Crypto CFDs

TickmillForex, Indices, Commodities, Share CFDs, Other CFDs

Payment methods

IC MarketsBank transfer, Visa / Mastercard, PayPal, Skrill, Neteller

TickmillBank transfer, Visa / Mastercard, Skrill, Neteller

Best for

IC MarketsRaw-spread trading

TickmillActive traders who want a TradingView Raw account

Open an account

IC Markets4.7

Register

Review

Tickmill4.2

Visit TickmillRegister

Review

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