Tickmill vs XM (2026): Which Broker Is Better?
Compare fees, spreads, minimum deposits, platforms and regulatory information side by side. Conditions vary by country and legal entity.
Data last verified 2026-10-29Sources and verificationHow we compare brokers
Quick verdict
Tickmill and XM share the top Brokeradar score
Both score 4.6/5, so the better choice depends on your account type, deposit and country. Use the key differences below to decide.
Tickmill and XM share a 4.6 Brokeradar score, so this comparison comes down to how you trade rather than an overall winner. Tickmill is built around a $100 Raw account at 0.0 pips plus $6 round turn, with FCA authorisation in the UK. XM is built around commission-free accounts from $5, with a group that includes CySEC, ASIC and DFSA licences.
Comparing 2 brokers
- Editorial score
- ★ 4.6 / 5
- Min Deposit
- $100
- Spreads From
- 0.0 pips
- Max Leverage
- Up to 1:1000
- Regulation
- FCA, CySEC, FSCA, FSA Seychelles, DFSA UAE
- Platforms
- MT4, MT5, Tickmill Trader, TradingView
- Islamic Accounts
- Yes, Swap-Free
- Established Year
- 2015
- Data last verified
- 2026-10-29
- Editorial score
- ★ 4.6 / 5
- Min Deposit
- $5
- Spreads From
- 0.8 pips
- Max Leverage
- Up to 1:1000
- Regulation
- CySEC, FSC Belize, ASIC, DFSA UAE, FSCA South Africa, FSA Seychelles, FSC Mauritius, CMA Kenya
- Platforms
- MT4, MT5, XM App
- Islamic Accounts
- Yes, Swap-Free
- Established Year
- 2009
- Data last verified
- 2026-10-29
| Compare Features | | |
|---|---|---|
| Editorial score | ★ 4.6 / 5 | ★ 4.6 / 5 |
| Min Deposit | $100 | $5 |
| Spreads From | 0.0 pips | 0.8 pips |
| Max Leverage | Up to 1:1000 | Up to 1:1000 |
| Regulation | FCA, CySEC, FSCA, FSA Seychelles, DFSA UAE | CySEC, FSC Belize, ASIC, DFSA UAE, FSCA South Africa, FSA Seychelles, FSC Mauritius, CMA Kenya |
| Platforms | MT4, MT5, Tickmill Trader, TradingView | MT4, MT5, XM App |
| Islamic Accounts | Yes, Swap-Free | Yes, Swap-Free |
| Established Year | 2015 | 2009 |
| Data last verified | 2026-10-29 | 2026-10-29 |
| Actions |
Tickmill vs XM: key differences
Calculated from the recorded data for each broker. The account type and legal entity you are onboarded by can change these figures.
Lower minimum deposit
Advantage: XM
- Tickmill
- $100
- XM
- $5
Higher maximum leverage
Level across the compared brokers.
- Tickmill
- Up to 1:1000
- XM
- Up to 1:1000
Platforms only one broker offers
Platforms available at only one of the compared brokers.
- Tickmill
- Tickmill Trader, TradingView
- XM
- XM App
Licences only one broker holds
Regulators that appear for only one of the compared brands.
- Tickmill
- FCA, FSCA
- XM
- FSC Belize, ASIC, FSCA South Africa, FSC Mauritius, CMA Kenya
Longer track record
Advantage: XM
- Tickmill
- 2015
- XM
- 2009
Tickmill vs XM: fees and spreads
Tickmill trading costs
Published spreads start from 0.0 pips. The minimum deposit recorded is $100. Raw and standard accounts can use different spread and commission models, so compare the account-level schedule before funding.
XM trading costs
Published spreads start from 0.8 pips. The minimum deposit recorded is $5. Raw and standard accounts can use different spread and commission models, so compare the account-level schedule before funding.
Regulation and country availability
A broker brand can serve customers through multiple legal entities. Licenses, leverage limits and compensation arrangements may therefore differ between two customers using the same brand.
Tickmill
Licenses recorded: FCA, CySEC, FSCA, FSA Seychelles, DFSA UAE.
Review Tickmill safety detailsXM
Licenses recorded: CySEC, FSC Belize, ASIC, DFSA UAE, FSCA South Africa, FSA Seychelles, FSC Mauritius, CMA Kenya.
Review XM safety detailsTickmill vs XM: category-by-category winners
Last checked 2026-10-29
| Category | Winner | Why |
|---|---|---|
| Spread-only account cost | XM | XM advertises commission-free spreads as low as 0.8 pips against 1.6 pips on Tickmill Classic. Neither charges commission on these accounts. |
| Raw-pricing access | Tickmill | Tickmill Raw is 0.0 pips plus $3 per side ($6 round turn) from $100. XM does not offer a commission-based raw account. |
| Regulation and safety by entity | Tie | Tickmill holds FCA (FSCS cover for eligible UK clients), CySEC, FSCA and FSA Seychelles licences. XM holds CySEC, ASIC, DFSA, FSC Belize, FSA Seychelles and CMA Kenya licences. A UK trader will usually prefer Tickmill's FCA entity and an Australian trader XM's ASIC entity. International clients of both are onboarded offshore. |
| Account minimums | XM | XM starts at $5 against $100 at Tickmill. |
| Scalping and EA suitability | Tickmill | A raw spread with a fixed per-lot commission suits high-frequency strategies better than a wider all-in spread, and Tickmill records a 150 ms execution figure. XM permits scalping but has no raw account. |
Spread-only account cost
Winner: XM
XM advertises commission-free spreads as low as 0.8 pips against 1.6 pips on Tickmill Classic. Neither charges commission on these accounts.
Raw-pricing access
Winner: Tickmill
Tickmill Raw is 0.0 pips plus $3 per side ($6 round turn) from $100. XM does not offer a commission-based raw account.
Regulation and safety by entity
Winner: Tie
Tickmill holds FCA (FSCS cover for eligible UK clients), CySEC, FSCA and FSA Seychelles licences. XM holds CySEC, ASIC, DFSA, FSC Belize, FSA Seychelles and CMA Kenya licences. A UK trader will usually prefer Tickmill's FCA entity and an Australian trader XM's ASIC entity. International clients of both are onboarded offshore.
Account minimums
Winner: XM
XM starts at $5 against $100 at Tickmill.
Scalping and EA suitability
Winner: Tickmill
A raw spread with a fixed per-lot commission suits high-frequency strategies better than a wider all-in spread, and Tickmill records a 150 ms execution figure. XM permits scalping but has no raw account.
Which broker should you choose?
Last checked 2026-10-29
Choose Tickmill if…
- You trade often and want raw spreads with a $6 round-turn commission.
- You are UK-based and want an FCA-authorised counterparty.
- You can fund $100 or more.
Choose XM if…
- You want to start with $5 and commission-free pricing.
- You are in Australia or the UAE and want XM's local licence.
- You value structured education on a first account.
Final verdict: Tickmill vs XM
Last checked 2026-10-29
The scores are level. Choose Tickmill if you will trade actively enough for raw pricing to pay off, or if you want FCA protection in the UK. Choose XM if you are starting small, prefer commission-free pricing, or are onboarded through XM's ASIC or DFSA entity. Both charge an inactivity fee after three months without trading.
Tickmill vs XM: frequently asked questions
Last checked 2026-10-29
Is Tickmill or XM cheaper?
It depends on the account. On a raw account, Tickmill costs 0.0 pips plus $6 round turn, and XM has no equivalent. On commission-free accounts, XM's advertised 0.8-pip floor is tighter than Tickmill Classic's 1.6 pips.
Which broker has the higher Brokeradar score?
Neither. Both score 4.6/5, so the decision depends on account type, deposit size and the entity available to you.
Do Tickmill and XM charge inactivity fees?
Yes. Both record an inactivity fee after three months without trading. Check the current amount on each broker's fee page.
Sources and verification
Last checked 2026-10-29
Figures on this page come from the Brokeradar dataset and should be verified against the official broker pages and regulator registers below before you fund an account. Entity, leverage and fee schedules change and vary by country.
Tickmill
Data last verified 2026-10-29
Tickmill official siteXM
Data last verified 2026-10-29
XM official site