Tickmill vs XM 2026: Which Broker is Better?
Tickmill and XM are two well-regarded brokers, each catering to different types of traders. Tickmill, known for its tight spreads and low commissions, appeals primarily to cost-conscious traders interested in forex and CFD trading, particularly those who value fast execution and regulation by the FCA. In contrast, XM attracts beginners and those seeking a more diverse product range, including stocks, due to its very low minimum deposit, absence of commission fees, and robust educational resources. The key distinction lies in Tickmill's focus on cost efficiency and XM's emphasis on accessibility and educational support.
Tickmill
XM
| Tickmill | XM | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 3.9/5 ✓ |
| Min. Deposit | $100 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 | 1:1000 ✓ |
| Regulation | FCA, CySEC, FSCA | CySEC, DFSA, FSC ✓ |
| Platforms | MT4, MT5 | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Tickmill offers lower spreads (0 pips).
See full side-by-side comparison belowTickmill vs XM: Key Differences
Tickmill
XM
WinnerFees Comparison
Tickmill
XM
BrokerRank Verdict
Who Should Choose Which?
Tickmill
3.3/5
Choose Tickmill if you want…
- Tighter spreads (from 0 pips)
XM
3.9/5
Choose XM if you want…
- Higher overall rating (3.9/5)
- No per-trade commission
- Lower minimum deposit ($5)
- Higher leverage (up to 1:1000)
Also consider
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Both Tickmill & XM are available in
Frequently Asked Questions
1Is Tickmill better than XM?
XM scores higher overall on our independent rating system. Tickmill holds a 3.3/5 rating vs XM's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Tickmill or XM?
Tickmill offers spreads from 0 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Tickmill vs XM?
Tickmill requires a minimum deposit of $100. XM requires $5.
4Which broker is safer, Tickmill or XM?
Tickmill is regulated by FCA, CySEC, FSCA, while XM holds licences from CySEC, DFSA, FSC, FSCA, FSA.
5What trading platforms do Tickmill and XM support?
Tickmill supports MT4, MT5. XM supports MT4, MT5, Proprietary Mobile.
6Can I use both Tickmill and XM?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
XM
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