
Tickmill Islamic Account 2026: Swap-Free Trading
Islamic (swap-free) account at Tickmill: Yes. How swap-free trading works, fees, and how to open one.
By BrokerAnalysis Research Desk•Updated 2026-08-21•Fact-checked by BrokerAnalysis Editorial Team
What are Tickmill islamic account?
Islamic (swap-free) account at Tickmill: Yes. How swap-free trading works, fees, and how to open one.
Islamic Account
Yes
Minimum Deposit
$100
Max Leverage
1:500 (Pro) | 1:30 (Retail)
EUR/USD Spread
0.0 pips (Raw) | 1.6 pips (Classic)
Demo Account
Yes
Commission
$2/lot (Raw)
Islamic (Swap-Free) Account at Tickmill
Tickmill offers an Islamic (swap-free) account. Swap-free accounts remove overnight interest (swap) from positions, which is required for Sharia-compliant trading. You can test the platform on a demo account (Yes).
How Swap-Free Works at Tickmill
On a swap-free account, no interest is credited or charged when positions roll over. Islamic accounts are available. Some brokers apply an administration fee after positions are held beyond a set period — confirm the terms in the Tickmill account documentation.
Opening an Islamic Account at Tickmill
Request the Islamic account when registering at Tickmill or from the client portal. Verification: ID + Proof of Residence. The minimum deposit is $100, and platforms include MT4, MT5, Tickmill App.
Tickmill Trading Conditions
Tickmill operates with a minimum deposit of $100 and offers leverage up to 1:500 (Pro) | 1:30 (Retail). EUR/USD spreads are quoted from 0.0 pips (Raw) | 1.6 pips (Classic), with a commission structure of $2/lot (Raw) on NDD / STP execution.
Trading platforms include MT4, MT5, Tickmill App. Deposit methods span Card, Bank, Skrill, Neteller, and withdrawal processing runs at 1 business day.
The broker holds 2 Tier-1 and 1 Tier-3 licence (FCA (UK), CySEC (Cyprus), FSA (Seychelles)), with client protection of £85,000 (FSCS UK) / €20,000 (ICF). Operating since 2014 from London, UK.
Tickmill is positioned Scalpers, day traders & low-commission professionals.
Educational resources are rated Good, covering market analysis and platform training.
Reviewers consistently note: Ultra-low commissions at $2/lot roundturn; No restrictions on scalping or EAs; FCA and CySEC regulated.
Funding and Verification at Tickmill
Deposit methods at Tickmill: Bank Wire (1-3 days), Credit/Debit Card (Instant), Skrill/Neteller (Instant).
Withdrawal methods: Bank Wire (1 business day), Credit Card (1 business day).
Supported base currencies: USD, EUR, GBP, PLN, CHF.
Verification: ID + Proof of Residence.
Time to open an account: 1 Day.
Forex pairs available: 62.
Why Traders Consider Tickmill
Tickmill is positioned Scalpers, day traders & low-commission professionals, which matters when comparing it against other brokers for this decision.
Strengths in our review: Ultra-low commissions at $2/lot roundturn; No restrictions on scalping or EAs; FCA and CySEC regulated; Free VPS for active traders; Negative balance protection.
Watch-outs in our review: $100 minimum deposit; Limited product range outside forex; No proprietary web platform.
Platform support: MT4 supported, MT5 supported, cTrader not supported, TradingView not supported, proprietary not supported.
Islamic (swap-free) accounts: supported. Demo account: Yes.
Education resources are rated Good.
Regulatory footprint: FCA (UK) (Tier 1), CySEC (Cyprus) (Tier 1), FSA (Seychelles) (Tier 3).
Tickmill at a Glance
Tickmill is rated 4.5/5 in our editorial reviews and holds licences across 3 regulated entities.
The broker was founded in 2014.
Headquarters are in London, UK.
It has been licensed since 2014.
Positioning: Scalpers, day traders & low-commission professionals.
Commission model: $2/lot (Raw).
Leverage reaches 1:500 (Pro) | 1:30 (Retail).
Minimum deposit: $100.
Strengths and Weaknesses of Tickmill
**Strengths**: Ultra-low commissions at $2/lot roundturn; No restrictions on scalping or EAs; FCA and CySEC regulated; Free VPS for active traders; Negative balance protection.
**Weaknesses**: $100 minimum deposit; Limited product range outside forex; No proprietary web platform.
Frequently Asked Questions
Tickmill Islamic account availability: Yes.
Swap-free accounts at Tickmill waive overnight interest on open positions. Rollover interest is neither credited nor charged.
Standard trading costs apply (spreads from 0.0 pips (Raw) | 1.6 pips (Classic), commission $2/lot (Raw)). Some brokers charge an admin fee for very long-held swap-free positions — check the Tickmill terms.
Yes — the demo account (Yes) lets you test Tickmill before opening any live account, including an Islamic one.
The minimum deposit at Tickmill is $100.
Swap-free availability at Tickmill is indicated as: Yes. Availability per account tier should be confirmed with Tickmill support when registering.