Tickmill Review & Analysis
Ultra-low commission ECN broker built for scalpers and algorithmic traders.
Tickmill
Last Verified: October 2026Pakistan Residency & Legal Framework Notice
Residency Status: Pakistani traders accepted under FSA Seychelles entity. Full Islamic swap-free support.
Disclaimer: International online brokerages operate under foreign financial jurisdictions and are not locally registered or licensed by the Securities and Exchange Commission of Pakistan (SECP) or the State Bank of Pakistan (SBP). Cross-border foreign currency remittances and off-exchange retail derivative trading carry high market risk. Ensure you comply with all local tax and foreign exchange laws.
Regulatory Oversight & Licences
Regulatory supervision is the most critical factor when selecting an international trading partner. Tickmill maintains registrations across the following financial regulatory authorities:
Pros & Considerations
A balanced, objective evaluation of Tickmill based on real trading parameters.
Strengths
- One of the lowest commission rates in the retail industry ($2 per side per lot)
- No dealing desk execution with minimal slippage
- Allows all trading styles: scalping, hedging, news trading, and EAs
- FCA UK and CySEC regulatory licenses
Considerations
- Classic account spreads are wider than the Pro account tier
- Limited non-forex asset selection compared to multi-asset giants
- Does not accept US clients
Trading Platforms & Software
Tickmill offers access to several world-class execution engines tailored for automated trading, mobile monitoring, and multi-asset charting:
Account Types & Islamic Swap-Free Conditions
Traders can choose from several tiers depending on their capital size and execution preferences:
Classic
Designed for traders utilizing Classic conditions with standard or raw pricing.
Pro
Designed for traders utilizing Pro conditions with standard or raw pricing.
VIP
Designed for traders utilizing VIP conditions with standard or raw pricing.
Islamic Swap-Free Policy
Status: 100% Sharia-compliant swap-free account available on all tiers.
Under Sharia principles, overnight roll fees (riba) are prohibited. With eligible swap-free accounts, positions held open past 5:00 PM New York time do not incur or generate debit/credit interest charges. Please review terms regarding maximum holding periods and administrative fees for exotic currencies.
Suitability & Verdict
Ideal For: High-volume scalpers and automated EA traders seeking the lowest per-lot commission costs.
Frequently Asked Questions
What are Tickmill's Pro account commissions?
Tickmill charges $2 per side per 100,000 traded ($4 per round turn), which is significantly lower than the retail standard of $7.
Regulatory Risk Warning
CFDs and leveraged financial derivatives are complex financial instruments that carry a high level of risk due to leverage. Between 70% and 80% of retail investor accounts lose money when trading CFDs with online providers. You should carefully consider whether you understand how financial derivatives work and whether you can afford to take the high risk of losing your capital.