Tickmill Islamic Account 2026: Swap-Free Trading

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).

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.

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 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.

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.

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 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: 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.