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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 DeskUpdated 2026-08-21Fact-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.