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Side-by-Side Comparison Independent Updated Oct 2, 2026

IC Markets vs Tickmill 2026: Which Broker is Better?

In this broker comparison, we examine IC Markets and Tickmill, two well-regarded platforms in the trading landscape. IC Markets, headquartered in Sydney, stands out with its ultra-low spreads and extensive range of trading products, making it particularly appealing to seasoned traders who prioritise competitive pricing and diverse markets. Conversely, Tickmill, based in London, attracts cost-conscious traders with its very low commission rates and FCA regulation, although it offers a narrower selection of trading instruments. Each broker caters to different trading needs, with IC Markets suiting those seeking variety and Tickmill appealing to those focused on cost efficiency.

IC Markets

Tickmill

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsTickmill
BrokerRank Score3.9/5 ✓3.3/5
Min. Deposit$200$100 ✓
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, CySECFCA, CySEC, FSCA ✓
PlatformsMT4, MT5, TradingViewMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
TickmillIC Markets
Best for Low Fees
IC MarketsTickmill
Best for Regulation
TickmillIC Markets
Best Overall
IC MarketsTickmill
Quick Answer

IC Markets is the better choice overall, scoring 3.9/5 vs 3.3/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

IC Markets vs Tickmill: Key Differences

Feature

IC Markets

Tickmill

Winner
Our Rating
3.9 / 5
3.3 / 5
Min. Deposit
$200
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$2/lot
Platforms
MT4, MT5, TradingView, Proprietary Mobile
MT4, MT5
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Forex, Cfd, Indices, Commodities
Founded
2007
2014
Headquarters
Sydney, Australia
London, UK
Score
1 / 4
3 / 4

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Fees Comparison

Fee

IC Markets

Tickmill

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$2/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the comparison between IC Markets and Tickmill, IC Markets is better suited for professional traders due to its extensive market offerings, including cryptocurrencies and stocks, and advanced platforms like TradingView. Tickmill, with its lower minimum deposit and very low commission fees, is more beginner-friendly. However, Tickmill wins on fees, offering a lower commission rate of $2 per side compared to IC Markets' $3.5.

Who Should Choose Which?

IC Markets

IC Markets

3.9/5

Top pick

Choose IC Markets if you want…

  • Higher overall rating (3.9/5)
  • More market types (6)
  • More established (est. 2007)
  • More platforms (4 supported)
Tickmill

Tickmill

3.3/5

Choose Tickmill if you want…

  • Lower minimum deposit ($100)
  • More regulatory licences (3)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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80% of retail CFD accounts lose money.

Both IC Markets & Tickmill are available in

Frequently Asked Questions

1

Is IC Markets better than Tickmill?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Tickmill's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, IC Markets or Tickmill?

IC Markets offers spreads from 0 pips, while Tickmill starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for IC Markets vs Tickmill?

IC Markets requires a minimum deposit of $200. Tickmill requires $100.

4

Which broker is safer, IC Markets or Tickmill?

IC Markets is regulated by ASIC, CySEC, while Tickmill holds licences from FCA, CySEC, FSCA.

5

What trading platforms do IC Markets and Tickmill support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Tickmill supports MT4, MT5.

6

Can I use both IC Markets and Tickmill?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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