Skip to main content
Side-by-Side Comparison Independent Updated Mar 9, 2026

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

VS
TickmillXM
BrokerRank Score3.3/53.9/5 ✓
Min. Deposit$100 ✓$5
Spread from0 pips ✓0.6 pips
Max Leverage1:5001:1000 ✓
RegulationFCA, CySEC, FSCACySEC, DFSA, FSC ✓
PlatformsMT4, MT5MT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
TickmillXM
Best for Low Fees
TickmillXM
Best for Regulation
XMTickmill
Best Overall
XMTickmill
Quick Answer

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 below

Tickmill vs XM: Key Differences

Feature

Tickmill

XM

Winner
Our Rating
3.3 / 5
3.9 / 5
Min. Deposit
$100
$5
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$2/lot
None
Regulated By
CySECDFSAFSCFSCAFSA
Platforms
MT4, MT5
MT4, MT5, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities
Founded
2014
2009
Headquarters
London, UK
Limassol, Cyprus
Score
1 / 4
3 / 4

Fees Comparison

Fee

Tickmill

XM

Spread From
0 pips
0.6 pips
Commission
$2/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the Tickmill vs XM comparison, XM emerges as the better option for beginners due to its low minimum deposit requirement of $5, strong educational resources, and negative balance protection. Tickmill, with its lower commissions and tighter spreads starting from 0.0 pips on the Pro account, is more suitable for professional traders seeking cost-efficient trading conditions. On fees, Tickmill takes the lead with its very low commissions of $2 per side, making it the more economical choice for traders focusing on forex and CFDs.

Who Should Choose Which?

Tickmill

Tickmill

3.3/5

Choose Tickmill if you want…

  • Tighter spreads (from 0 pips)
XM

XM

3.9/5

Top pick

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

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#6IronFX logo
IronFX
3.7
ASIC
Visit

Both Tickmill & XM are available in

Frequently Asked Questions

1

Is 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.

2

Which 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.

3

What is the minimum deposit for Tickmill vs XM?

Tickmill requires a minimum deposit of $100. XM requires $5.

4

Which broker is safer, Tickmill or XM?

Tickmill is regulated by FCA, CySEC, FSCA, while XM holds licences from CySEC, DFSA, FSC, FSCA, FSA.

5

What trading platforms do Tickmill and XM support?

Tickmill supports MT4, MT5. XM supports MT4, MT5, Proprietary Mobile.

6

Can 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

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Higher Rated

XM

Open Account

Capital at risk · T&Cs apply