Best Tickmill Alternatives (2026): Top-Rated Competitor Brokers

Last updated September 4, 2026

Comparing Tickmill to Exness and IC Markets and other vetted brokers on spreads, regulation, minimum deposit, and platform support.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Global

#1
TMGM
TMGM
Review
#2
Axi
Axi
Review
#3
Exness
Exness
Review
Full Comparison
Personalized broker matching

Need a faster shortlist than reading every broker page?

Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.

Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for Tickmill Alternatives

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for Tickmill Alternatives
TMGM

TMGM

Min. deposit $100
  • Raw Edge spreads from 0.0 pips
  • Strong tier-1 ASIC regulation
  • IRESS DMA for 12,000+ global stocks
ASIC (Australia), FMA (New Zealand), VFSC (Vanuatu)
#2 · Best alternative
Axi

Axi

Min. deposit $0
  • No minimum deposit
  • ASIC, FCA and FMA regulated
  • Axi Copy Trading platform
ASIC (Australia), FCA (UK), FMA (New Zealand)

Why these two

Both brokers are shortlisted specifically for Tickmill Alternatives, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What are the best alternatives to Tickmill?

The top-rated alternatives to Tickmill include Exness, IC Markets, Axi. Each is independently regulated and reviewed, offering different strengths in spreads, minimum deposit, or platform choice depending on what you value most.

Looking for an alternative to Tickmill?

Tickmill was founded in 2014 and is headquartered in London, UK, best known for scalpers, day traders & low-commission professionals. Our current ranking starts with TMGM where it is available, followed by Axi, Exness, and IC Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Alternative Offers

Current offers among these alternatives

A muted snapshot of verified bonuses and rebates on the brokers in this replacement shortlist.

Browse All Promotions

Exness

FCA (UK)
Cashback / Rebate

Up to 90% Daily Spread Rebates

Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.

Verified Jun 15, 2026

IC Markets

ASIC (Australia)
Cashback / Rebate

Up to $2.50/Lot Rebate + 21% Comm Off

Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.

Verified Jun 15, 2026

Axi

ASIC (Australia)
VIP / Volume

Axi Select Funded Path to $1M

Trade with Axi funds up to $1M through Axi Select. No registration or monthly fees.

Verified Jun 15, 2026

How these alternatives compare

8 brokers · how we rank

A side-by-side look at brokers traders consider instead of Tickmill.

BrokerWithdrawalWhy Consider SwitchingExecution TypeRegulation & fundingAction
TMGM4.4/5.0
0.0 pips (Edge) | 1.0 pips (Classic)$1001-2 business daysStands out with additional Tier-1 regulation (ASIC (Australia)) and support for IRESS.ECN / STP
ASIC (Australia)FMA (New Zealand)VFSC (Vanuatu)
Axi4.3/5.0
0.0 pips (Pro)$01-2 business daysStands out with a lower minimum deposit ($0 vs $100) and additional Tier-1 regulation (ASIC (Australia), FMA (New Zealand)).STP / ECN
ASIC (Australia)FCA (UK)FMA (New Zealand)
Exness4.8/5.0
0.0 pips (Raw) | 0.2 pips (Standard)$1InstantStands out with a lower minimum deposit ($1 vs $100) and support for Exness Terminal, Exness Trade App.Market Execution
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
IC Markets4.6/5.0
0.0 pips (Raw) | 0.8 pips (Standard)$20024-48 hoursStands out with additional Tier-1 regulation (ASIC (Australia)) and support for cTrader, TradingView.True ECN
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
XM4.7/5.0
0.6 pips (Ultra Low) | 1.6 pips (Standard)$524 hoursStands out with a lower minimum deposit ($5 vs $100) and additional Tier-1 regulation (ASIC (Australia)).Market Execution
CySEC (Cyprus)ASIC (Australia)DFSA (Dubai)
FP Markets4.5/5.0
0.0 pips (Raw)$100Same day to 1 business dayStands out with additional Tier-1 regulation (ASIC (Australia)) and support for cTrader, IRESS.ECN / DMA
ASIC (Australia)CySEC (Cyprus)SVG FSA
GO Markets4.5/5.0
0.0 pips (GO Plus+) | 1.1 pips (Standard)$01-2 business daysStands out with a lower minimum deposit ($0 vs $100) and additional Tier-1 regulation (ASIC (Australia)).STP / ECN
ASIC (Australia)CySEC (Cyprus)FSC (Mauritius)
0.0 pips (Zero)$0Same dayStands out with a lower minimum deposit ($0 vs $100) and additional Tier-1 regulation (ASIC (Australia)).ECN
ASIC (Australia)VFSC (Vanuatu)
Rank 01 · best overall
TMGM4.4/5.0
Spread
0.0 pips (Edge) | 1.0 pips (Classic)
Min dep.
$100
Withdrawal
1-2 business days
Why Consider Switching
Stands out with additional Tier-1 regulation (ASIC (Australia)) and support for IRESS.
Execution Type
ECN / STP
ASIC (Australia)FMA (New Zealand)VFSC (Vanuatu)
Visit TMGM Read review
Rank 02
Axi4.3/5.0
Spread
0.0 pips (Pro)
Min dep.
$0
Withdrawal
1-2 business days
Why Consider Switching
Stands out with a lower minimum deposit ($0 vs $100) and additional Tier-1 regulation (ASIC (Australia), FMA (New Zealand)).
Execution Type
STP / ECN
ASIC (Australia)FCA (UK)FMA (New Zealand)
Visit Axi Read review
Rank 03
Exness4.8/5.0
Spread
0.0 pips (Raw) | 0.2 pips (Standard)
Min dep.
$1
Withdrawal
Instant
Why Consider Switching
Stands out with a lower minimum deposit ($1 vs $100) and support for Exness Terminal, Exness Trade App.
Execution Type
Market Execution
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit Exness Read review
Rank 04
IC Markets4.6/5.0
Spread
0.0 pips (Raw) | 0.8 pips (Standard)
Min dep.
$200
Withdrawal
24-48 hours
Why Consider Switching
Stands out with additional Tier-1 regulation (ASIC (Australia)) and support for cTrader, TradingView.
Execution Type
True ECN
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
Visit IC Markets Read review
Rank 05
XM4.7/5.0
Spread
0.6 pips (Ultra Low) | 1.6 pips (Standard)
Min dep.
$5
Withdrawal
24 hours
Why Consider Switching
Stands out with a lower minimum deposit ($5 vs $100) and additional Tier-1 regulation (ASIC (Australia)).
Execution Type
Market Execution
CySEC (Cyprus)ASIC (Australia)DFSA (Dubai)
Visit XM Read review
Rank 06
FP Markets4.5/5.0
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
Why Consider Switching
Stands out with additional Tier-1 regulation (ASIC (Australia)) and support for cTrader, IRESS.
Execution Type
ECN / DMA
ASIC (Australia)CySEC (Cyprus)SVG FSA
Visit FP Markets Read review
Rank 07
GO Markets4.5/5.0
Spread
0.0 pips (GO Plus+) | 1.1 pips (Standard)
Min dep.
$0
Withdrawal
1-2 business days
Why Consider Switching
Stands out with a lower minimum deposit ($0 vs $100) and additional Tier-1 regulation (ASIC (Australia)).
Execution Type
STP / ECN
ASIC (Australia)CySEC (Cyprus)FSC (Mauritius)
Visit GO Markets Read review
Rank 08
Fusion Markets4.5/5.0
Spread
0.0 pips (Zero)
Min dep.
$0
Withdrawal
Same day
Why Consider Switching
Stands out with a lower minimum deposit ($0 vs $100) and additional Tier-1 regulation (ASIC (Australia)).
Execution Type
ECN
ASIC (Australia)VFSC (Vanuatu)
Visit Fusion Markets Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

TMGM logo
Our Rating
4.4/5.0
Best ForScalpers, ECN traders & stock-CFD traders via IRESS
Min Deposit$100

TMGM Review Summary

TMGM is a multi-regulated broker with MT4, MT5, IRESS access, 0.0 pips (Edge) | 1.0 pips (Classic) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Raw or ultra-low spread account available — compare account types before opening
Axi logo
Our Rating
4.3/5.0
Best ForScalpers, copy traders & Australian ECN clients
Min Deposit$0

Axi Review Summary

Stands out with a lower minimum deposit ($0 vs $100) and additional Tier-1 regulation (ASIC (Australia), FMA (New Zealand)).

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Platforms: MT4, Axi App, AxiTrader
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-tight — compare account types before opening
Exness logo
Our Rating
4.8/5.0
Best ForLow-cost traders, high-volume day traders & scalpers
Min Deposit$1

Exness Review Summary

Stands out with a lower minimum deposit ($1 vs $100) and support for Exness Terminal, Exness Trade App.

Pros
  • Regulation varies by entity
  • Minimum deposit: $1
  • Platforms: MT4, MT5, Exness Terminal, Exness Trade App
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-tight — compare account types before opening
IC Markets logo
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200

IC Markets Review Summary

Stands out with additional Tier-1 regulation (ASIC (Australia)) and support for cTrader, TradingView.

Pros
  • Regulation varies by entity
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader, TradingView
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-tight — compare account types before opening
XM logo
Our Rating
4.7/5.0
Best ForBeginners, education-focused traders & low deposit users
Min Deposit$5

XM Review Summary

Stands out with a lower minimum deposit ($5 vs $100) and additional Tier-1 regulation (ASIC (Australia)).

Pros
  • Regulation varies by entity
  • Minimum deposit: $5
  • Platforms: MT4, MT5, XM App
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Competitive — compare account types before opening
FP Markets logo
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100

FP Markets Review Summary

Stands out with additional Tier-1 regulation (ASIC (Australia)) and support for cTrader, IRESS.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Platforms: MT4, MT5, cTrader, IRESS
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-tight — compare account types before opening
GO Markets logo
Our Rating
4.5/5.0
Best ForAustralian traders, MetaTrader users & low-cost ECN accounts
Min Deposit$0

GO Markets Review Summary

GO Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (GO Plus+) | 1.1 pips (Standard) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Raw or ultra-low spread account available — compare account types before opening
Fusion Markets logo
Our Rating
4.5/5.0
Best ForLow-cost & high-volume traders
Min Deposit$0

Fusion Markets Review Summary

Fusion Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (Zero) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Raw or ultra-low spread account available — compare account types before opening

Frequently Asked Questions About Tickmill Alternatives (): Top-Rated Competitor Brokers

Frequently Asked Questions

The top-rated alternatives to Tickmill include Exness, IC Markets, Axi. Each is independently regulated and reviewed, offering different strengths in spreads, minimum deposit, or platform choice depending on what you value most.
Exness offers a lower minimum deposit ($1 vs $100) and support for Exness Terminal, Exness Trade App. Tickmill remains the better fit if scalpers, day traders & low-commission professionals is your priority.
Common reasons traders shop around include $100 minimum deposit and limited product range outside forex. If either applies to you, the alternatives above are worth comparing directly against Tickmill's current terms.
Tickmill supports MT4, MT5, Tickmill App. Among the alternatives, Exness, IC Markets, Axi, XM, FP Markets offer overlapping platform support, so switching typically doesn't mean relearning your charting setup.
Tickmill is regulated by FCA (UK), CySEC (Cyprus), FSA (Seychelles). All alternatives shown here are limited to brokers that are independently regulated and reviewed on this site — we do not list unregulated or unverified brokers as alternatives.

Top Searched Questions

How do I choose a reliable forex broker in 2026?

Start by verifying the broker holds a Tier-1 license (FCA, ASIC, or CySEC). Compare raw spreads on EUR/USD, check withdrawal processing times, and test the demo account. BrokerAnalysis independently tests 67+ brokers each quarter using real funded accounts.

What makes a forex broker the 'best' overall?

The best forex broker combines Tier-1 regulation, spreads from 0.0 pips on raw accounts, fast execution under 50ms, a wide range of 70+ currency pairs, and transparent fee structures. Our testing ranks brokers across 8 categories including safety, costs, and platform quality.

Which forex brokers are consistently top-rated?

Consistently top-rated brokers typically hold multiple Tier-1 licenses, maintain segregated client funds, and offer competitive raw spreads. Brokers like IC Markets, Pepperstone, and FP Markets consistently score above 4.5/5 in independent testing by BrokerAnalysis.

What is forex trading and how does it work?

Forex trading involves buying one currency while selling another, profiting from exchange rate fluctuations. The forex market operates 24/5, processes $7.5 trillion daily, and is accessible through online brokers with as little as $10. Traders use technical and fundamental analysis to make decisions.

What is the best forex trading platform to use?

MetaTrader 4 remains the most popular platform for its reliability and Expert Advisor support. MetaTrader 5 adds depth-of-market and more timeframes. TradingView excels at charting, while cTrader offers the best market depth for active traders. Your ideal platform depends on your trading style.

How do forex trading platforms differ from each other?

MT4 is best for EA automation and beginner simplicity. MT5 adds stock CFDs and economic calendar integration. cTrader provides Level II pricing and algorithmic trading via cAlgo. TradingView offers social charting with 100+ indicators. Choose based on whether you prioritize automation, analysis, or execution speed.

What features should a trading platform have?

A quality trading platform needs: one-click execution, customizable charts with 50+ technical indicators, pending order types (limit, stop, trailing stop), mobile app parity, demo account access, and reliable uptime above 99.9%. Platform stability during high-volatility news events is critical.

How does the forex market work?

The forex market is a decentralized global marketplace where currencies trade in pairs. It operates across four major sessions (Sydney, Tokyo, London, New York), runs 24 hours on weekdays, and is the largest financial market with $7.5 trillion in daily volume. Prices move based on economic data, central bank policy, and geopolitics.
Information automatically localized based on "forex brokers" and related trends.

Sources & References

  1. Exness
  2. IC Markets
  3. XM
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. BrokerAnalysis

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