Tickmill vs XM
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.
Raw spreads from 0.0 with a $3 per side commission, from $100.
Standard and Ultra Low accounts from a $5 deposit, with a separate Shares account.
| Detail | Tickmill | XM |
|---|---|---|
| Regulation | FCA 717270 (UK) · CySEC 278/15 (Europe) · FSA Seychelles SD008 · FSCA 49464 (South Africa) · DFSA F007663 (Dubai representative office) | XM Global Limited, FSC Belize licence 8557558 (Securities Industry Act 2021) |
| Minimum Deposit | $100 | $5 (Standard, Ultra Low) · $10,000 (Shares) |
| Max Leverage | Up to 1:1000 | — |
| Spread From | 0.0 pips (Raw) | — |
| Commission | Raw: $3 per lot per side. TradingView Raw: $3.50. Classic: none | — |
| Platforms | MT4, MT5, TradingView, Tickmill Trader | MetaTrader 4, MetaTrader 5, XM App |
| Account Types | Classic, Raw, TradingView Raw | Standard, Ultra Low, Shares |
What the figures say
- Minimum Deposit: Tickmill lists $100; XM lists $5 (Standard, Ultra Low) · $10,000 (Shares).
- Tickmill publishes its max leverage (Up to 1:1000); XM does not state one on the pages we read.
- Tickmill publishes its spread from (0.0 pips (Raw)); XM does not state one on the pages we read.
- Tickmill publishes its commission (Raw: $3 per lot per side. TradingView Raw: $3.50. Classic: none); XM does not state one on the pages we read.
- Platforms: Tickmill lists MT4, MT5, TradingView, Tickmill Trader; XM lists MetaTrader 4, MetaTrader 5, XM App.
- Account Types: Tickmill lists Classic, Raw, TradingView Raw; XM lists Standard, Ultra Low, Shares.
- Tickmill also lists ETFs, Bonds, Crypto, 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.
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
XM: why traders choose it
- Standard and Ultra Low accounts open from $5
- Ultra Low is the account XM points high-volume traders to, for lower spreads and swaps
- A separate Shares account for buying stock, from $10,000
- Bonuses on the Standard account, described by XM as boosting trading power
- Copy trading, trading competitions and a loyalty club run alongside the accounts
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
XM pros
- One of the lowest entry points anywhere at $5
- The Ultra Low account gives a cheaper option without a commission model to learn
- MetaTrader 4 and 5 plus their own app, so nothing unfamiliar
XM cons
- The global site is the Belize entity; XM's European and Australian entities have different leverage caps and protections
- Spreads and leverage figures were not on the accounts page we read; they are in the account details after sign-up
- Bonuses come with their own terms, which are worth reading before taking one
About XM
XM offers three accounts on its global site: Standard and Ultra Low, both from a $5 minimum, and a Shares account from $10,000. The global entity, XM Global Limited, is licensed by the Financial Services Commission of Belize.
More comparisons
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.