Tickmill Review UAE 2026

Tickmill exists for one reason: to give forex and CFD traders the lowest possible all-in trading costs. On its Raw account, EUR/USD spreads average 0.1 pips with a $3 per lot per side commission ($6 round turn), producing an all-in cost of roughly 0.7 pips — a figure that won ForexBrokers.com’s “Best in Class” award for Commissions & Fees in 2026. Founded in 2014 and headquartered in London, Tickmill holds FCA and CySEC licences, supports MT4, MT5, and TradingView, and processes orders with an average execution speed of around 59 milliseconds. For scalpers, day traders, and algorithmic traders who measure their edge in fractions of a pip, this pricing structure is the entire pitch.

UAE clients can open accounts through the FCA or CySEC entities, with FSCS protection up to £85,000 or ICF coverage up to €20,000 respectively. Tickmill also maintains a DFSA representative office in the UAE, though this is not a full licence — it provides local presence but not DFSA-level regulatory coverage. Islamic swap-free accounts are available on request across all account types. The trade-offs are equally clear: Tickmill’s product range is narrow at roughly 620 instruments (versus IC Markets’ 2,250+ or Pepperstone’s 1,350+), there are no real stocks or ETFs, the Classic (commission-free) account has uncompetitive spreads of 1.6+ pips, and AED is not available as a base currency. In 2026, Tickmill discontinued its VIP account and renamed the Pro account to Raw, increasing commissions from $2 to $3 per side in the process. Autochartist was also removed from the platform.

Tickmill

Best For Forex, CFDs, indices, commodities, crypto, stock CFDs

Recommended ForScalpers, day traders, algo traders, UAE clients seeking raw spreads & low commissions

Open Account

All trading involves risk ⓘ

More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Best For Forex, CFDs, indices, commodities, crypto, stock CFDs

Recommended ForScalpers, day traders, algo traders, UAE clients seeking raw spreads & low commissions

• Trader Level Beginner–Advanced
• Number of Users ~490,000 clients
• Number of Instruments 620+ CFDs
• Base Currencies USD, EUR, GBP, ZAR

4,3 / 5

Overall score

See Overall Score Breakdown

• Web trading platform4.0

• Fees4.8

• Mobile App4.0

• Deposit and withdrawal 5.0

• Available assets3.5

• Account opening5.0

• Education and Research 4.0

• Support4.0

• Overall rating4.3

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All trading involves risk ⓘ

More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Tickmill is an FCA and CySEC-regulated forex and CFD broker built for cost-conscious active traders. Its Raw account delivers some of the tightest spreads in the industry with transparent commission pricing, supported by MT4, MT5, and TradingView. The product range is narrower than multi-asset competitors, but for forex-first traders who prioritise execution speed and pricing over product breadth, Tickmill is one of the strongest choices available from the UAE.

Overall Pros & Cons

See how the best brokers in United Arab Emirates compare to Tickmill

The comparison below contrasts Tickmill against two direct competitors for active forex and CFD traders. IC Markets is the Australian ECN broker with similar raw-spread pricing and a broader product range. Pepperstone is the DFSA-licensed alternative with Razor account pricing and the widest platform selection.

Tickmill’s fee structure is the broker’s defining characteristic. The Raw account — which replaced the former Pro account in 2026 — offers average EUR/USD spreads of 0.1 pips with a commission of $3 per lot per side ($6 round turn). The all-in cost of approximately 0.7 pips on EUR/USD is among the lowest available from any regulated broker, undercutting both Pepperstone’s Razor (~0.87 pips all-in) and matching IC Markets’ Raw Spread pricing.

The Classic account takes the opposite approach: commission-free but with spreads starting from 1.6 pips. At an average of 1.7 pips on EUR/USD, the Classic account is not competitive against other spread-only brokers and is difficult to recommend for active forex trading.

Non-trading fees are minimal. No deposit or withdrawal fees — and Tickmill goes further by reimbursing third-party bank fees up to $100 on deposits over $5,000. No custody or account fees. The one charge to note is a $10/month inactivity fee after 12 months of no trading, though this is in line with the industry standard.

Forex Fees

Tickmill’s Raw account is built for forex traders. The commission structure is simple: $3 per standard lot per side. Spreads are variable but consistently tight during liquid sessions.

CFD Fees

Index and commodity CFDs are spread-based with competitive pricing across all account types. Stock CFDs are a newer addition — roughly 100+ are available, though the selection is significantly narrower than IC Markets or Pepperstone.

Crypto Fees

Tickmill offers 60+ crypto CFDs. Pricing is spread-based at approximately 0.5%.

Non-trading fees

Tickmill’s non-trading fees are among the lowest in the industry. The free deposit and withdrawal policy — with reimbursement of third-party fees — is a genuine differentiator.

Tickmill holds FCA (UK) and CySEC (Cyprus) licences — both Tier-1 regulators with strict capital adequacy, fund segregation, and investor compensation requirements. The FSCA (South Africa) and FSA (Seychelles) provide additional coverage for non-EU/UK clients. Tickmill also maintains a DFSA representative office in the UAE, which provides local presence and some regulatory oversight but is not a full trading licence — UAE clients trade through the FCA or CySEC entities rather than a DFSA-regulated entity.

Client funds are held in segregated accounts at top-tier banks, and negative balance protection applies to all retail accounts. Tickmill additionally offers an Excess of Loss insurance policy providing coverage up to €1 million in the event of broker insolvency — a protection layer that few competitors offer.

Tickmill regulation summary

Tickmill Background

Founding: 2014 by brothers Ingmar and Illimar Mattus. Headquartered in London.

Mission: Provide institutional-grade forex and CFD trading conditions at retail prices.

Scale: ~490,000 clients across 180+ countries. Over 91 million trades executed.

Legal Entities: Tickmill UK Ltd (FCA), Tickmill Europe Ltd (CySEC), Tickmill Ltd (FSA Seychelles).

Infrastructure: Low-latency servers, ~59ms average execution speed, BeeksFX VPS partnership.

Awards: ForexBrokers.com Best in Class for Commissions & Fees 2026.

Tickmill’s deposit and withdrawal process is one of its strongest features. Zero fees on both deposits and withdrawals, with Tickmill reimbursing third-party bank fees up to $100 on deposits exceeding $5,000. Supported methods include Visa, Mastercard, Skrill, Neteller, bank wire, and cryptocurrency (Bitcoin, Ethereum). Card and e-wallet deposits are instant; bank wires take 1–3 days. Withdrawals are processed within one business day. The minimum withdrawal is $25 — low enough for small account holders. No PayPal, no Google Pay, no Apple Pay.

Account base currencies

Fees and options for deposits

Fees and options for withdrawal

Account opening is fully digital and fast — most accounts are approved within 24 hours. The $100 minimum deposit is accessible and consistent across all account types. UAE residents can choose to open under the FCA (UK) or CySEC (Cyprus) entity. Islamic swap-free accounts are available on request for all account types.

Account types

Classic Account: Commission-free, spreads from 1.6 pips. Best for: infrequent traders who prefer simplicity. Not competitive for active forex trading.

Raw Account: Spreads from 0.0 pips (avg 0.1), commission $3/lot/side ($6 round turn). Best for: scalpers, day traders, algo traders. This is Tickmill’s flagship offering and the account most traders should choose.

Islamic Swap-Free Account: Available as a variant of either Classic or Raw. Eliminates overnight swap charges. An administration fee may apply for exotic currency positions held beyond three nights.

Demo Account: $100,000 in virtual funds. Expires after 7 days of inactivity (can be renewed on request).

Note: The VIP account was discontinued in 2026. The former Pro account was renamed to Raw with a commission increase from $2 to $3 per lot per side.

Account opening information

Tickmill offers mobile trading through the standard MetaTrader 4 and MetaTrader 5 apps on iOS and Android, plus the newer Tickmill Trader proprietary app. The MT4/MT5 apps provide full trading functionality — order execution, charting, Expert Advisor monitoring, and account management — but the design feels dated compared to proprietary apps from Pepperstone or Trading 212. The Tickmill Trader app offers a more modern interface but is newer and less feature-rich than the MetaTrader ecosystem. Biometric login (Face ID, Touch ID) and 2FA are available. Price alerts can be set from the mobile platform and received as push notifications.

Tickmill’s web platform options include MT4 Web, MT5 Web, TradingView (for Raw account holders), and the Tickmill Trader web platform. The TradingView integration — added in 2025/2026 and confirmed by ForexBrokers.com — is the standout improvement. It provides access to TradingView’s full charting suite including advanced indicators, drawing tools, and the social trading community, with direct order execution through the Tickmill connection. MT4/MT5 Web provide standard MetaTrader functionality with customisable workspaces, 30+ indicators, and all standard order types (market, limit, stop, GTC, GTT). No desktop application beyond the standard MetaTrader desktop client.

Tickmill’s product range is its biggest weakness. At roughly 620 instruments, it trails IC Markets (2,250+), Pepperstone (1,350+), and most multi-asset brokers significantly. The core offering is forex (62+ pairs) with competitive pricing, supplemented by index CFDs (11+), commodity CFDs (10+), bond CFDs, and the newer additions of stock CFDs (100+), ETF CFDs (20+), and crypto CFDs (60+).

Assets & products

Forex

62+ pairs (majors, minors, exotics).

Stock CFDs

100+ (newer addition).

ETF CFDs

20+ (newer addition).

Index CFDs

11+ global indices.

Commodity CFDs

10+ (metals, energy, agriculture).

Crypto CFDs

60+ (significant expansion).

Bond CFDs

Government bond futures CFDs.

What’s not available

Real stocks, real ETFs, options, futures, mutual funds. Tickmill is a CFD-only broker.

Tickmill’s education offering is well-regarded. The broker provides webinars, educational videos, trading guides, platform tutorials, and a financial glossary — all available in multiple languages. The expert blog features daily market analysis from named analysts. The economic calendar with country, data type, and importance filtering remains useful. Removal of Autochartist in 2025/2026, replaced by Signal Centre and Acuity Trading tools for pattern recognition and trading signals. The $30 Welcome Account — funded with real money for new traders to practise in live conditions — is a unique feature that few competitors offer.

Customer support is available 24/5 via live chat, email, and phone. Arabic language support is available for UAE clients. VIP clients (prior to the account’s discontinuation) received dedicated account managers — this feature may still be available for high-volume traders on request. Support is not available 24/7, which is a consideration for traders active during weekend crypto sessions.

UAE specific features

• FCA + CySEC regulation — FSCS £85,000 / ICF €20,000 protection
• DFSA representative office in UAE — local presence (not full trading licence)
• Islamic swap-free accounts available on all account types
• Raw account all-in EUR/USD cost of ~0.7 pips — among the lowest available
• MT4, MT5, and TradingView platforms supported
• Expert Advisors and automated trading fully supported
• Arabic language support across platform and customer service
• $100 minimum deposit
• Zero deposit and withdrawal fees — third-party fees reimbursed up to $100
• Excess of Loss insurance up to €1 million
• No AED base currency — USD recommended for UAE clients
• ~59ms average order execution speed
• Myfxbook AutoTrade for social/copy trading
• BeeksFX VPS hosting at 20% discount
• Crypto CFDs now available (60+)
• Stock CFDs now available (100+)
• $10/month inactivity fee after 12 months
• Demo account with $100,000 virtual funds
• No real stocks or ETFs — CFDs only
• Tax-free capital gains for UAE residents

Author comment

Tickmill is a specialist, not a generalist. It does one thing — low-cost forex and CFD execution — and does it as well as any broker in the market. The Raw account’s all-in cost of 0.7 pips on EUR/USD matches IC Markets and undercuts Pepperstone, earning Tickmill its ForexBrokers.com Best in Class award for fees. For a UAE-based scalper or day trader running Expert Advisors on MetaTrader, the combination of tight spreads, fast execution, FCA regulation, and Islamic account availability is hard to fault.

The limitations are equally clear. If you want to invest in real stocks, build diversified ETF portfolios, or trade options, Tickmill cannot help you. The ~620 instrument range is a fraction of what IC Markets or Pepperstone offer, and the product expansion into stock and crypto CFDs — while welcome — is still too narrow to compete with multi-asset brokers. The 2026 changes are a mixed bag: TradingView integration is a genuine upgrade, but the VIP account’s discontinuation and the Raw commission increase from $2 to $3/side mean existing clients are paying more than before for the same service. The removal of Autochartist also reduces the research offering.

For UAE traders who prioritise raw pricing and need a locally present broker, Pepperstone’s full DFSA licence (F004356) provides stronger local regulatory coverage than Tickmill’s representative office. For those who want the broadest CFD selection with similar pricing, IC Markets offers four times the instruments. But for pure forex cost efficiency with Tier-1 regulation and MetaTrader/TradingView support, Tickmill remains one of the best values available.

FAQ

Is Tickmill available to UAE residents?

Yes. UAE residents can open accounts through Tickmill’s FCA (UK) or CySEC (Cyprus) entities. Tickmill also maintains a DFSA representative office in the UAE.

Does Tickmill offer Islamic accounts?

Yes. Islamic swap-free accounts are available on request across all account types (Classic and Raw). An administration fee may apply for exotic currency positions held beyond three nights.

What is the minimum deposit at Tickmill?

$100 (approximately AED 367) for all live account types.

Which account should I choose?

The Raw account. Its all-in cost of ~0.7 pips on EUR/USD is significantly cheaper than the Classic account’s 1.6+ pip spreads. Unless you trade very infrequently, the Raw account saves money.

Does Tickmill support TradingView?

Yes. TradingView integration was added in 2025/2026 and is available for Raw account holders. Classic account holders can use MT4 and MT5.

What happened to the VIP and Pro accounts?

The VIP account was discontinued in 2026. The Pro account was renamed to Raw, with commissions increasing from $2 to $3 per lot per side.

Does Tickmill have a DFSA licence?

No. Tickmill has a DFSA representative office in the UAE, which provides local presence but is not a full trading licence. Trading accounts are opened under the FCA or CySEC entities.

Are there inactivity fees?

Yes. $10/month after 12 months of no trading activity.

Does Tickmill support Expert Advisors?

Yes. Both MT4 and MT5 fully support Expert Advisors, automated scripts, and algorithmic trading strategies. BeeksFX VPS hosting is available at a 20% discount for Tickmill clients.

Can I trade real stocks on Tickmill?

No. All stock trading is via CFDs. Tickmill does not offer real stock ownership or Invest-style accounts.

What is the Excess of Loss policy?

In the event of broker insolvency, Tickmill’s Excess of Loss insurance provides coverage up to €1 million per client — in addition to FSCS or ICF compensation. This is a protection layer that few competing brokers offer.

What is the all-in cost on EUR/USD?

Raw account: 0.1 pips average spread + $3/lot/side commission = approximately 0.7 pips all-in. Classic account: 1.7 pips average spread, no commission.

Does Tickmill support Arabic?

Yes. Platform, customer support, and educational content are available in Arabic.

How fast is order execution?

Tickmill processes orders with an average execution speed of approximately 59 milliseconds, with very few instances of slippage or requotes.

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