Written by ForexBrokers.com
In this head to head comparison of IC Markets vs Tickmill, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
IC Markets vs Tickmill: both are regulated online brokers with solid marks for safety. On the ForexBrokers.com Trust Score scale (90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, under 59 not trusted), IC Markets scores 83 and Tickmill 85—so both are “trusted,” with Tickmill a touch higher.
Regulation and company basics: each broker holds 2 Tier-1 licenses. Tickmill also has 2 Tier-2 licenses, while IC Markets has none. Neither broker is publicly traded or a bank. IC Markets was founded in 2007; Tickmill in 2014. If added Tier-2 coverage matters to you, Tickmill may appeal; if a longer operating history matters, IC Markets is older.
| Feature |
IC Markets
|
Tickmill
|
|---|---|---|
| Year Founded | 2007 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 0 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
IC Markets comes out ahead of Tickmill on commissions and fees, thanks to its very low spreads and competitive pricing on commission-based accounts. IC Markets offers three main account types: a commission-free Standard account and Raw Spread accounts on MetaTrader and cTrader. Its cTrader Raw Spread account charges $3.00 per side per 100,000 units, while the MT4/MT5 Raw Spread account charges $3.50 per side. That keeps all-in EUR/USD trading costs highly competitive, and the Standard account is also appealing for traders who prefer no commission. IC Markets is rated 5 stars and ranked #4 out of 36 brokers for commissions and fees.
Tickmill also keeps trading costs low, but its pricing is a step behind IC Markets after a recent commission increase on its Raw account. Tickmill offers two accounts: Classic, which is commission-free but has wider spreads, and Raw, which now charges $3 per side per 100,000 units. Even so, the Raw account still delivers tight spreads and a low entry point, with a minimum deposit of just $100. For traders who value simple pricing and low-cost active trading, Tickmill remains a good option, but its overall cost structure is not quite as cheap as IC Markets. Tickmill is rated 4.5 stars and ranked #10 out of 36 brokers for commissions and fees.
In short, both brokers are strong choices for cost-conscious traders, but IC Markets offers the better overall value on fees and commissions. If you want the lowest possible trading costs, IC Markets has the edge. If you prefer a low minimum deposit and still want competitive raw pricing, Tickmill is still worth considering.
| Feature |
IC Markets
|
Tickmill
|
|---|---|---|
| Minimum Deposit | $200 | $100 |
| Average spread (EUR/USD) - Spread-only account | 0.8 | 1.70 |
| All-in Cost EUR/USD - Raw spread account | 0.72 | 0.70 |
| Non-wire bank transfer (Deposit/Withdraw) | 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.
IC Markets and Tickmill both let traders trade forex as CFDs, and both also offer copy trading plus cryptocurrency CFDs. Neither broker offers access to actual delivered crypto or exchange-traded shares on U.S. or international stock exchanges, so investors looking to buy real stocks directly will need to look elsewhere. In terms of forex pairs, the two are closely matched, with IC Markets listing 61 pairs and Tickmill offering 62.
The biggest difference is in overall market choice. IC Markets stands out with 7,435 tradeable symbols, far more than Tickmill’s 637, giving traders a much wider selection of markets to explore. This gap is reflected in third-party scores as well: IC Markets earns 4.5 out of 5 stars for Range of Investments and ranks #22 out of 36 brokers, while Tickmill scores 3.5 stars and ranks #32. For traders who want more variety, IC Markets has the edge, while Tickmill still covers the core markets well.
| Feature |
IC Markets
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7435 | 637 |
| Forex Pairs (Total) | 61 | 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.
IC Markets and Tickmill both give traders a similar set of platform choices, making each broker a good fit for people who want familiar tools and flexible access. Both offer free demo accounts for paper trading, plus desktop and web-based platforms, so you can trade from a Windows computer or a browser. Each broker also supports MetaTrader 4 and MetaTrader 5, along with copy trading and the ability to place trades straight from a chart. Neither broker offers its own in-house platform, so the experience is centered on widely used third-party software.
In third-party ratings, both IC Markets and Tickmill earn 4 out of 5 stars for Trading Platforms and Tools. Still, IC Markets edges ahead in ForexBrokers.com’s category ranking, placing #17 out of 36 brokers, while Tickmill ranks #24. For traders comparing online brokers on platform access and tools, both are strong options, but IC Markets has a slight lead in the rankings.
| Feature |
IC Markets
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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) | 32 | 97 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IC Markets and Tickmill both offer mobile trading apps for iPhone and Android, so either broker gives you a way to trade on the go. Each app also lets you draw trendlines on charts, and both are rated 4 out of 5 stars for mobile trading apps. In ForexBrokers.com’s ranking of 36 brokers, IC Markets places slightly higher at #22, while Tickmill comes in at #25.
Where the two differ is in app features. IC Markets includes stock and forex price alerts, but it does not sync watchlists between the mobile app and online account. Tickmill takes the opposite approach: it supports watchlist syncing, but it does not offer price alerts. Tickmill also gives traders more chart tools, with 97 technical studies compared with 32 at IC Markets, although IC Markets has the edge when it comes to saving chart drawings automatically in the app.
| Feature |
IC 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 | 32 | 97 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
IC Markets and Tickmill both provide daily market commentary and an economic calendar, so traders at either broker can keep track of major news events and market updates. Both also earn a 4-star Research rating from ForexBrokers.com, showing that each offers a solid level of market insight overall. In the same ranking, Tickmill comes in slightly ahead at #19 out of 36 brokers, while IC Markets is ranked #21.
Where they differ is in the tools and news sources they provide. IC Markets stands out with forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, plus Trading Central research, sentiment data showing long and short positions, and TipRanks coverage. Tickmill does not offer those features, but it does include Acuity Trading tools such as Signal Centre. Neither broker offers Autochartist research, so the main choice comes down to whether you prefer IC Markets’ wider set of third-party research tools and premium news, or Tickmill’s Acuity-based support.
| Feature |
IC Markets
|
Tickmill
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing IC Markets and Tickmill for beginner learning tools, both brokers give new traders plenty to work with. Each offers forex and CFDs education with at least 10 relevant educational pieces, monthly online client webinars, and more than 10 beginner videos, along with 10 or more advanced videos for traders who want to keep learning. In plain terms, both platforms cover the basics and beyond, so beginners should find useful lessons no matter which broker they choose.
That said, Tickmill has a slight edge in overall education scoring. Both IC Markets and Tickmill are rated 4 out of 5 stars for Education, but Tickmill is ranked higher by ForexBrokers.com at #14 out of 36 brokers, compared with IC Markets at #16. For beginners, the difference is small, but Tickmill comes out just ahead on paper.
| Feature |
IC 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 IC Markets is better than Tickmill. IC Markets finished with an overall rank of #21, while Tickmill finished with an overall rank of #23.
IC Markets’ competitive pricing and scalable execution make it an excellent option for algorithmic traders. Though it supports an impressive range of third-party tools and plugins, IC Markets’ research and education offerings are not as impressive as those offered by industry leaders.
| Feature |
IC Markets
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Tickmill
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 85 |
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IC Markets vs Tickmill: neither broker supports purchasing actual delivered cryptocurrencies, but both offer cryptocurrency CFDs for trading, enabling speculation on crypto price movements without owning the underlying asset.
IC Markets vs Tickmill: for deposits and withdrawals, neither supports ACH or SEPA transfers; both support PayPal, Skrill, and bank wire transfers; Visa/Mastercard availability is not specified for either broker.
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 | IC Markets | Tickmill | |
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| Trust Score | 83 | 85 | |
| Winner | check_circle | ||
| Review | IC Markets Review | Tickmill Review |
| Broker Screenshots | IC Markets | Tickmill | |
|---|---|---|---|
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| Regulation | IC Markets | Tickmill | |
|---|---|---|---|
| Trust Score | 83 | 85 | |
| Year Founded | 2007 | 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 | 0 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | IC 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) | IC Markets | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IC Markets | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7435 | 637 | |
| Forex Pairs (Total) | 61 | 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 | IC Markets | Tickmill | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 0.8 | 1.70 | |
| All-in Cost EUR/USD - Raw spread account | 0.72 | 0.70 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IC Markets | Tickmill | |
|---|---|---|---|
| Minimum Deposit | $200 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | No |
| Trading Platforms | IC Markets | Tickmill | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 | IC Markets | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 32 | 97 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | IC 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 | 32 | 97 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | IC Markets | Tickmill | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | IC Markets | Tickmill | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | IC Markets | Tickmill | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | IC Markets Review | Tickmill Review |
| Overall | IC Markets | Tickmill | |
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| Trust Score | 83 | 85 | |
| Winner | check_circle | ||
| Review | IC Markets Review | Tickmill Review |
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