FXCM vs Tickmill
Choosing between FXCM and Tickmill is a common decision for forex traders in Africa. In our analysis, FXCM scores 82/100 on our Hub Score compared to Tickmill's 80/100. For traders with limited starting capital, FXCM has a lower entry point at $50. Below is a detailed, data-driven comparison across fees, regulation, platforms, and more to help you decide which broker fits your trading style.
Quick Verdict
Based on our Hub Score analysis, FXCM scores higher overall with 82/100. However, the best broker depends on your priorities — compare the detailed breakdown below to find the right fit for your trading style.
FXCM
Tickmill
| Feature | FXCM | Tickmill |
|---|---|---|
| Hub Score | 82/100 | 80/100 |
| Min. Deposit | $50 | $100 |
| Spreads | From 0.2 pips | From 0.0 pips |
| Max Leverage | 1:400 | 1:1000 |
| Regulation | FCA, CySEC, ASIC, FSCA | FCA, CySEC, FSA, FSCA, DFSA |
| Platforms | Trading Station, MetaTrader 4, TradingView, ZuluTrade | MetaTrader 4, MetaTrader 5, Tickmill Mobile App |
| Account Types | Standard, Active Trader | Classic, Raw, VIP |
| Trading Instruments | Forex, Indices, Commodities, Crypto | Forex, Indices, Commodities, Shares, Bonds, Crypto |
| Founded | 1999 | 2014 |
| Headquarters | London UK | London UK |
Pros
- Tight spreads from 0.2 pips
- 25+ years industry experience
- Institutional-grade technology
- Multiple platform options
- Advanced trading tools
Cons
- Higher minimum deposit $50
- Limited to 300 instruments
- Complex for beginners
- No proprietary mobile app
Pros
- Raw spreads from 0.0 pips
- Monthly bonuses up to $5000
- Five top-tier regulations
- Transparent pricing model
- Institutional-grade conditions
Cons
- Higher minimum deposit $100
- Limited to 620 instruments
- No proprietary platform
- Limited crypto offerings
Which broker has lower spreads, FXCM or Tickmill?
FXCM offers spreads from From 0.2 pips, while Tickmill offers spreads from From 0.0 pips. Check each broker's specific account type for exact spread conditions.
What is the minimum deposit for FXCM vs Tickmill?
FXCM requires a minimum deposit of $50, while Tickmill requires $100.
Is FXCM or Tickmill better regulated?
FXCM is regulated by FCA, CySEC, ASIC, FSCA, while Tickmill is regulated by FCA, CySEC, FSA, FSCA, DFSA. Always verify regulation status directly with the relevant authority.
Which is better for beginners, FXCM or Tickmill?
FXCM may be better suited for experienced traders. Tickmill is also beginner-friendly. Consider factors like minimum deposit, educational resources, and platform ease of use.
Disclaimer: This comparison is based on publicly available information and our independent analysis. Broker offerings, fees, and regulatory status can change at any time. Always verify current conditions directly with the broker before opening an account. Trading forex involves significant risk of loss and is not suitable for all investors.