FP Markets vs Tickmill

Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.

FP Markets

Standard and Raw accounts from $100 with leverage to 1:500 and ECN pricing on both.

ForexMetalsIndicesCommoditiesStocksBondsCrypto
Read the FP Markets review
Tickmill

Raw spreads from 0.0 with a $3 per side commission, from $100.

ForexCommoditiesIndicesStocksETFsBondsCryptoFutures
Read the Tickmill review
DetailFP MarketsTickmill
Regulation—FCA 717270 (UK) · CySEC 278/15 (Europe) · FSA Seychelles SD008 · FSCA 49464 (South Africa) · DFSA F007663 (Dubai representative office)
Minimum DepositUS$100 or equivalent$100
Max Leverage1:500Up to 1:1000
Spread FromStandard from 1.0 pips · Raw from 0.0 pips0.0 pips (Raw)
CommissionStandard: zero · Raw: US$3 per lot per sideRaw: $3 per lot per side. TradingView Raw: $3.50. Classic: none
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView (Raw)MT4, MT5, TradingView, Tickmill Trader
Account TypesStandard, RawClassic, Raw, TradingView Raw

Which one fits which trader

Each row below is decided by a figure both brokers publish. Where only one publishes it, or neither does, the row is left out rather than guessed.

If this matters mostThe published figures point to
Starting with the smallest deposit Both — no difference here
FP Markets publishes US$100 or equivalent; Tickmill publishes $100.
Highest published leverage Tickmill
FP Markets publishes 1:500; Tickmill publishes Up to 1:1000.
Simplest cost to work out Tickmill
Tickmill puts the cost in the spread (Raw: $3 per lot per side. TradingView Raw: $3.50. Classic: none); FP Markets charges Standard: zero · Raw: US$3 per lot per side on top.

What the figures say

  • Tickmill publishes its regulation (FCA 717270 (UK) · CySEC 278/15 (Europe) · FSA Seychelles SD008 · FSCA 49464 (South Africa) · DFSA F007663 (Dubai representative office)); FP Markets does not state one on the pages we read.
  • Minimum Deposit: FP Markets lists US$100 or equivalent; Tickmill lists $100.
  • Max Leverage: FP Markets lists 1:500; Tickmill lists Up to 1:1000.
  • Spread From: FP Markets lists Standard from 1.0 pips · Raw from 0.0 pips; Tickmill lists 0.0 pips (Raw).
  • Commission: FP Markets lists Standard: zero · Raw: US$3 per lot per side; Tickmill lists Raw: $3 per lot per side. TradingView Raw: $3.50. Classic: none.
  • Platforms: FP Markets lists MetaTrader 4, MetaTrader 5, cTrader, TradingView (Raw); Tickmill lists MT4, MT5, TradingView, Tickmill Trader.
  • Account Types: FP Markets lists Standard, Raw; Tickmill lists Classic, Raw, TradingView Raw.
  • FP Markets also lists Metals.
  • Tickmill also lists ETFs, Futures.

A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.

FP Markets: why traders choose it

  • Two accounts, both from US$100 and both on ECN pricing
  • Raw account: spreads from 0.0 pips plus US$3 per lot each way
  • Standard account: spreads from 1.0 pips and no commission
  • Leverage up to 1:500 on both accounts, jurisdiction permitting
  • TradingView is available on the Raw account, alongside MT4, MT5 and cTrader
  • EAs, a mobile app and a VPS are listed for both accounts; minimum trade 0.01 lot

Tickmill: why traders choose it

  • 600+ CFDs, including 60+ currency pairs and 500+ stocks and ETFs
  • Classic account trades commission free at spreads from 1.6 pips
  • Futures and options on S&P 500, DJIA and NASDAQ, under the UK entity
  • Base currencies: USD, EUR, GBP, ZAR
  • Four regulators across the group, including the FCA and CySEC

FP Markets pros

  • The whole offer fits in one table on their site: two accounts, one minimum, clear costs
  • US$3 per side is at the low end for a raw account
  • Stocks and bonds are on the Raw account, not just forex and metals

FP Markets cons

  • 1:500 depends on your jurisdiction; the ASIC and CySEC entities are capped far lower
  • The Standard account does not include stocks or bonds
  • The page we read did not name the regulator for the entity serving Bangladesh; check the legal footer for your region

Tickmill pros

  • Named licence numbers for five entities, published on the front page
  • A commission free option and a raw spread option at the same $100 entry
  • TradingView is a first class platform here, not an afterthought

Tickmill cons

  • 1:1000 leverage belongs to the offshore entity, not the FCA or CySEC ones
  • Futures and options are UK entity only
  • Stocks and ETFs are capped at 1:20 leverage

About FP Markets

FP Markets keeps it to two accounts. Standard is commission-free from 1.0 pips; Raw prices from 0.0 pips with US$3 per lot per side. Both open from US$100, both run ECN pricing, and both offer leverage up to 1:500 where the local entity allows it.

FP Markets vs Tickmill: common questions

Is FP Markets or Tickmill cheaper to open?
FP Markets states a minimum deposit of US$100 or equivalent. Tickmill states $100. Both figures are the ones each broker publishes on its own account page, and the entity that serves your country can change them.
What spreads do FP Markets and Tickmill quote?
FP Markets quotes Standard from 1.0 pips · Raw from 0.0 pips; Tickmill quotes 0.0 pips (Raw). These are "from" figures for the tightest account each one sells, not an average, and a spread widens around news and at the session close.
Do FP Markets and Tickmill charge commission?
FP Markets: Standard: zero · Raw: US$3 per lot per side. Tickmill: Raw: $3 per lot per side. TradingView Raw: $3.50. Classic: none. Where a broker charges no commission the cost is inside the spread instead, so compare the two together rather than one at a time.
How much leverage do FP Markets and Tickmill offer?
FP Markets publishes 1:500 and Tickmill publishes Up to 1:1000. The cap you actually get depends on which of the group's entities opens your account and on the instrument.
Can I use the same platform on FP Markets and Tickmill?
FP Markets supports MetaTrader 4, MetaTrader 5, cTrader, TradingView (Raw). Tickmill supports MT4, MT5, TradingView, Tickmill Trader. If you already trade on one of these, that usually settles the choice faster than any cost figure.

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How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.