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IC Markets
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Tickmill

IC Markets vs Tickmill: which broker is better in 2026?

We compare IC Markets and Tickmill — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, IC Markets edges ahead (4.1/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaIC MarketsTickmill
Overall score 4.1 3.8
Regulation & safety 3.5 3.5
Fees & deposit 4.5 4.5
Platform & assets 4.5 3.5
User support 4.0 3.5
Trust score80/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Mobile AppMetaTrader 4, MetaTrader 5
Fee modelSeveral account types (Raw Spread, Standard, Raw Pro/Pro+, cTrader Raw Spread, Swap Free) — the fee structure per account type has not been verified in detailPro/Raw account with a small commission — among the cheapest

Pros & cons

IC Markets
  • One of the most popular raw-spread ECN brokers for scalping/algo trading (very low costs)
  • Very complete platform selection (MT4/MT5/cTrader/TradingView)
  • Regulated by ASIC (Australia) + CySEC for certain entities
  • A class-action record (reported since 2024) alleging it misled investors — no verdict yet, but a relevant public fact
  • Many clients via offshore entities (Seychelles/Bahamas)
  • Leverage is high-risk
Tickmill
  • 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

IC Markets

Exact license numbers not yet verified — the official site mentions multi-regulation but the detailed regulation page was inaccessible during our check. Verify directly with the regulator (ASIC, CySEC, or the Seychelles FSA depending on the entity) before signing up.

Tickmill

Regulated by the FCA (UK), CySEC (Cyprus), FSA (Seychelles), FSCA (South Africa), DFSA (Dubai), Labuan FSA. Low-cost focus.