FP Markets vs Tickmill: which broker is better in 2026?
We compare FP Markets and Tickmill — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Both score evenly overall — the right choice depends on which criteria matter most to you.
Side-by-side comparison
CriteriaFP MarketsTickmill
Overall score 3.8 3.8
Regulation & safety 3.5 3.5
Fees & deposit 4.0 4.5
Platform & assets 4.0 3.5
User support 3.5 3.5
Trust score74/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, IRESSMetaTrader 4, MetaTrader 5
Fee modelRaw spread + commission (Raw) or Standard; competitivePro/Raw account with a small commission — among the cheapest
Pros & cons
- ASIC/CySEC regulation + full platform selection (including IRESS for stocks)
- Competitive raw spreads
- Operating since 2005
- The global entity (St. Vincent) is less strict than ASIC/CySEC
- Mid-size brand, not a tier-1 giant
- Leverage is high-risk
- Very low costs (Pro/Raw account) — a scalper favorite
- FCA/CySEC license + multi-region entities
- Fast execution
- Narrower product selection (core forex/CFD focus)
- Many retail clients via Seychelles/Labuan entities (not the FCA)
- Leverage is high-risk
Regulation at a glance
FP Markets
Australian (2005) — regulated by ASIC (Australia), CySEC (Cyprus), FSA (St. Vincent for the global entity).
Tickmill
Regulated by the FCA (UK), CySEC (Cyprus), FSA (Seychelles), FSCA (South Africa), DFSA (Dubai), Labuan FSA. Low-cost focus.