Written by ForexBrokers.com
In this head to head comparison of FP Markets vs Tickmill, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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FP Markets (founded 2005) and Tickmill (founded 2014) are online brokers that are not publicly traded and are not banks. According to ForexBrokers.com, FP Markets has a Trust Score of 90/99, which is considered highly trusted, while Tickmill scores 85/99, rated trusted.
Both brokers hold two Tier-1 licenses (viewed as highly trusted by ForexBrokers.com). FP Markets also holds one Tier-2 license, whereas Tickmill holds two Tier-2 licenses (considered trusted). In short, FP Markets leads on overall Trust Score, while Tickmill lists one more Tier-2 license.
| Feature |
FP Markets
|
Tickmill
|
|---|---|---|
| Year Founded | 2005 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
FP Markets and Tickmill both score highly for commissions and fees, with each earning 4.5 out of 5 stars. In the ForexBrokers.com rankings, FP Markets places #11 out of 36 brokers, while Tickmill ranks slightly higher at #10 out of 36. For traders focused on low trading costs, both brokers are strong options, but the best fit depends on which account type you use and how often you trade.
FP Markets is especially competitive on its Raw ECN account, where forex spreads can be very tight and the all-in cost stays low after commission. Its cTrader Raw account charges a flat $6 per round-turn standard lot, while the Standard account is more expensive because of wider spreads. FP Markets also offers Iress accounts in Australia, but those can come with higher minimum deposits and extra platform or data fees unless you qualify for the higher-tier accounts or trade enough each month. In simple terms, FP Markets is a good choice for cost-conscious traders who want low pricing on commission-based accounts.
Tickmill also keeps costs low, especially on its Raw account, which has a minimum deposit of just $100 and a commission of $3 per side, or $6 per standard lot round turn. Its Classic account has no commission, but the spreads are much wider, so it tends to cost more overall. For active traders, Tickmill’s Raw account usually offers better value because of its low spreads and low entry point. Overall, both brokers are budget-friendly, but FP Markets is a bit more attractive for certain ECN-style trading setups, while Tickmill is especially appealing for active traders who want a simple low-cost Raw account.
| Feature |
FP Markets
|
Tickmill
|
|---|---|---|
| Minimum Deposit | $100 AUD | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.70 |
| All-in Cost EUR/USD - Active | 0.9 | 0.70 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, FP Markets gives traders a wider menu than Tickmill. FP Markets offers 10,000 tradeable symbols and 71 forex pairs, while Tickmill provides 637 tradeable symbols and 62 forex pairs. Both brokers support forex trading, copy trading, and cryptocurrency CFDs, but neither offers exchange-traded U.S. or international shares or the option to buy actual cryptocurrency.
For investors who want more choice across markets, FP Markets has the edge in this comparison. It earns 4.5 out of 5 stars for Range of Investments and is ranked #17 out of 36 brokers by ForexBrokers.com, compared with Tickmill’s 3.5 stars and #31 ranking. In simple terms, both brokers cover the basics, but FP Markets offers more variety overall.
| Feature |
FP Markets
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 637 |
| Forex Pairs (Total) | 71 | 62 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FP Markets and Tickmill both give traders a wide choice of platform options, including free demo accounts, Windows desktop downloads, web-based trading, MetaTrader 4, MetaTrader 5, and copy trading. Each broker also lets you trade straight from a chart, which can make it easier to act quickly when prices move. In short, both platforms cover the basics and more, making them suitable for traders who want flexibility across desktop and browser access.
The main difference is that FP Markets offers a proprietary, in-house platform, while Tickmill does not. That may matter for traders who want a broker-built experience alongside the familiar MetaTrader setup. Even so, both brokers are rated 4 out of 5 stars for Trading Platforms and Tools, with FP Markets ranked slightly higher at #22 out of 36 brokers compared with Tickmill at #24, suggesting only a small edge for FP Markets in this category.
| Feature |
FP Markets
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 97 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and Tickmill both give traders iPhone and Android apps, so either broker works well if you want to manage trades on the go. Both apps also let you draw trendlines on charts, and both have a 4-star rating for mobile trading apps. In ForexBrokers.com’s mobile app rankings, FP Markets places higher at #20 out of 36 brokers, while Tickmill sits at #25, giving FP Markets a slight edge overall.
Where the two differ is in the details. FP Markets offers price alerts and automatically saves chart drawings, which can make mobile trading easier for active users, but it does not sync watchlists between the app and online account. Tickmill does support watchlist syncing and offers 97 technical studies in its mobile charting, but it does not provide price alerts and does not auto save chart drawings. If you want alerts and simpler chart saving, FP Markets may be the better fit; if watchlist syncing and more chart tools matter more, Tickmill has the advantage.
| Feature |
FP Markets
|
Tickmill
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 97 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
FP Markets and Tickmill both give traders daily market commentary and an economic calendar, so each broker covers the basics needed to follow key events and news. Both are also rated 4 out of 5 stars for research by ForexBrokers.com, showing that each offers a solid level of market insight overall. In the wider ranking of 36 brokers, Tickmill places slightly higher at #19, while FP Markets sits at #22.
Where FP Markets stands out is in the range of third-party research tools it offers. It includes forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus Autochartist, Trading Central, and a sentiment tool that shows long and short positioning across markets. Tickmill, on the other hand, does not offer those same news and sentiment features, but it does include Acuity Trading’s Signal Centre. Overall, FP Markets provides a broader set of market research tools, while Tickmill offers a more limited but still useful research setup.
| Feature |
FP Markets
|
Tickmill
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FP Markets and Tickmill both give beginners plenty of learning support, with each broker offering more than 10 forex or CFD education pieces, monthly educational webinars, and at least 10 beginner videos plus 10 advanced videos. In simple terms, both platforms make it easy for new traders to find lessons on the basics and move on to more detailed topics as their knowledge grows.
When comparing their education scores, both FP Markets and Tickmill are rated 4 out of 5 stars, but Tickmill has the stronger ranking from ForexBrokers.com, placing #14 out of 36 brokers for Education, while FP Markets is ranked #22. That suggests both are solid choices for learning, though Tickmill has a slight edge overall for educational resources.
| Feature |
FP Markets
|
Tickmill
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than Tickmill. FP Markets finished with an overall rank of #19, while Tickmill finished with an overall rank of #23.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
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Tickmill
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 85 |
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In the FP Markets vs Tickmill comparison for cryptocurrency trading, neither broker offers the ability to buy actual, delivered crypto, but both provide access to trading cryptocurrency CFDs.
In the FP Markets vs Tickmill comparison, both brokers support deposits and withdrawals via PayPal, Skrill, and bank wire transfers, neither offers ACH or SEPA, and Visa/Mastercard availability is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FP Markets | Tickmill | |
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| Trust Score | 90 | 85 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Tickmill Review |
| Broker Screenshots | FP Markets | Tickmill | |
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| Regulation | FP Markets | Tickmill | |
|---|---|---|---|
| Trust Score | 90 | 85 | |
| Year Founded | 2005 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | Tickmill | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FP Markets | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FP Markets | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 637 | |
| Forex Pairs (Total) | 71 | 62 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FP Markets | Tickmill | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.70 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.70 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | Tickmill | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | FP Markets | Tickmill | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | FP Markets | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 30 | 97 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | Tickmill | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 97 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | FP Markets | Tickmill | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | Tickmill | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FP Markets | Tickmill | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FP Markets Review | Tickmill Review |
| Overall | FP Markets | Tickmill | |
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| Trust Score | 90 | 85 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Tickmill Review |
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