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
| IC Markets | Tickmill | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.3/5 |
| Min. Deposit | $200 | $100 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, CySEC | FCA, CySEC, FSCA ✓ |
| Platforms | MT4, MT5, TradingView | MT4, MT5 |
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 belowIC Markets
Tickmill
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IC Markets
Tickmill
Lower feesIC Markets
3.9/5
Choose IC Markets if you want…
Tickmill
3.3/5
Choose Tickmill if you want…
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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.
IC Markets offers spreads from 0 pips, while Tickmill starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. Tickmill requires $100.
IC Markets is regulated by ASIC, CySEC, while Tickmill holds licences from FCA, CySEC, FSCA.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Tickmill supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
IC Markets
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