Broker comparison

FP Markets vs.
Tickmill

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

FP Markets has a higher rating of 4.3/5 compared to Tickmill (4.2/5). FP Markets offers 8 instrument types, while Tickmill offers 7. FP Markets has been in the market since 2005, making it the more experienced provider. On spreads, FP Markets offers EUR/USD from 0.0 pip (Raw) + $3.00 per lot per side, 1.0 pip (Standard), while Tickmill offers EUR/USD from 0.0 pip (Pro/Raw) + $2.00 per lot per side, 1.6 pip (Classic). Execution speed: FP Markets ~40 ms (Equinix NY4), Tickmill ~20 ms.

Australian ECN broker with over 10,000 trading instruments

ECN broker with low spreads and fast execution

At a glance

The key differences

Criterion
PlatformsMT4, MT5, cTrader, IRESS, FP Markets AppMT4, MT5, Tickmill App
Product typesForex, CFDs, Stocks, Indices, Commodities, Crypto, ETFs, BondsForex, CFDs, Indices, Commodities, Bonds, Stocks CFDs, Crypto
Options tradingNo, CFDs and DMA stock tradingNo, forex and CFD trading
Fee modelRaw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pipPro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip
Minimum deposit100 AUD100 €
RegulationASIC/CySECFCA/CySEC
More informationDetailsDetails

Platforms

FP Markets

MT4, MT5, cTrader, IRESS, FP Markets App

Tickmill

MT4, MT5, Tickmill App

Product types

FP Markets

Forex, CFDs, Stocks, Indices, Commodities, Crypto, ETFs, Bonds

Tickmill

Forex, CFDs, Indices, Commodities, Bonds, Stocks CFDs, Crypto

Options trading

FP Markets

No, CFDs and DMA stock trading

Tickmill

No, forex and CFD trading

Fee model

FP Markets

Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip

Tickmill

Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip

Minimum deposit

FP Markets

100 AUD

Tickmill

100 €

Regulation

FP Markets

ASIC/CySEC

Tickmill

FCA/CySEC

More information

FP Markets

Details

Tickmill

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip

Published fee
Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip
Minimum deposit
100 AUD
Spread figure
EUR/USD from 0.0 pip (Raw) + $3.00 per lot per side, 1.0 pip (Standard)
See terms at provider

Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip

Published fee
Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip
Minimum deposit
100 €
Spread figure
EUR/USD from 0.0 pip (Pro/Raw) + $2.00 per lot per side, 1.6 pip (Classic)
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexCFDsStocksIndicesCommoditiesCryptoETFsBonds
ForexCFDsIndicesCommoditiesBondsStocks CFDsCrypto

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

MT4 · MT5 · cTrader · IRESS · FP Markets App

FP Markets offers five trading platforms: MT4 and MT5 for classic forex and CFD trading with Expert Advisors and automated strategies. cTrader impresses with a modern interface and Level II price data. IRESS is the professional DMA platform for direct stock trading with advanced order types and market depth. The FP Markets App enables full-featured mobile trading on all devices.

Explore platform

MT4 · MT5 · Tickmill App

Tickmill offers MT4 and MT5 as trading platforms, complemented by the Tickmill App for mobile trading. MT4 is the classic choice for forex trading with Expert Advisors, custom indicators, and automated strategies. MT5 extends the offering with additional timeframes, market depth, and an integrated economic calendar. Both platforms support the Pro account with raw spreads from 0.0 pip. The Tickmill App provides quotes, charts, and order placement on mobile.

Explore platform

Regulation & security

ASIC/CySEC

Regulatory information

FCA/CySEC

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Australian ECN broker with over 10,000 trading instruments

  • Raw spreads from 0.0 pip
  • Over 10,000 instruments
  • IRESS platform for DMA stock trading
  • No BaFin regulation
  • IRESS platform with additional fees

ECN broker with low spreads and fast execution

  • Very low spreads on Pro account
  • FCA and CySEC regulated
  • Fast order execution
  • Limited product range
  • No BaFin regulation

Find the broker that fits

FP Markets oder Tickmill?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

FP Markets4.3
  • Raw spreads from 0.0 pip
  • Over 10,000 instruments
  • IRESS platform for DMA stock trading
Tickmill4.2
  • Very low spreads on Pro account
  • FCA and CySEC regulated
  • Fast order execution
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between FP Markets and Tickmill?
FP Markets: Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip. Tickmill: Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: FP Markets or Tickmill?
FP Markets offers Forex, CFDs, Stocks, Indices, Commodities, Crypto, ETFs, Bonds. Tickmill offers Forex, CFDs, Indices, Commodities, Bonds, Stocks CFDs, Crypto.
How are FP Markets and Tickmill regulated?
The broker profiles list ASIC/CySEC for FP Markets and FCA/CySEC for Tickmill. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is FP Markets or Tickmill better for beginners?
FP Markets lists a 100 AUD minimum deposit and offers MT4, MT5, cTrader, IRESS, FP Markets App. Tickmill lists 100 € and offers MT4, MT5, Tickmill App. Compare usability, available products and costs for your intended use.
FP Markets vs Tickmill: Which broker is better overall?
The choice between FP Markets (4.3/5, 900 reviews) and Tickmill (4.2/5, 750 reviews) depends on your needs. FP Markets: Australian ECN broker with over 10,000 trading instruments. Tickmill: ECN broker with low spreads and fast execution.
How do spreads compare between FP Markets and Tickmill?
FP Markets offers typical spreads of EUR/USD from 0.0 pip (Raw) + $3.00 per lot per side, 1.0 pip (Standard). Tickmill offers EUR/USD from 0.0 pip (Pro/Raw) + $2.00 per lot per side, 1.6 pip (Classic). Tighter spreads reduce trading costs especially for active trading.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise