FP Markets vs Tickmill (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

FP Markets

Trust rank #23 · Editorial rating 9 / 10 · Founded 2005

FP Markets is a well-regarded forex broker providing access to currencies and CFDs on popular platforms, supported by research tools and education. It offers broad market coverage, platform choice, and multilingual customer…

Read the FP Markets review

Tickmill

Trust rank #31 · Editorial rating 8.7 / 10 · Founded 2014

Tickmill is a well-regarded forex and CFD broker that provides broad market access, platform choice, and tools for analysis, education, and risk management. It offers account options and support suited to a…

Read the Tickmill review

FP Markets (Australia, founded 2005) holds 4 regulatory licences (ASIC, CMA, CySEC, FSCA), 1 of them tier-1, offers cTrader, MT4, MT5 and sits in our low-fee bracket. Tickmill (United Kingdom, founded 2014) holds 5 regulatory licences (CySEC, FCA, FSCA, Labuan FSA, Seychelles FSA), 1 of them tier-1, offers MT4, MT5 and sits in our low-fee bracket. The two overlap in 222 countries; FP Markets is available in 3 countries where Tickmill is not, and Tickmill in 6 where FP Markets is not.

Verdict at a glance

  • FP Markets leads on editorial rating, trust rank, track record and platform choice.
  • Tickmill leads on regulatory coverage and country coverage.
  • Level on instrument range, fee level and tier-1 licences.

Scored on 9 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

FP Markets vs Tickmill: side-by-side data

CriteriaFP MarketsTickmill
Editorial rating9 / 108.7 / 10
Trust rank#23#31
Founded20052014
HeadquartersAustraliaUnited Kingdom
RegulatorsASIC, CMA, CySEC, FSCACySEC, FCA, FSCA, Labuan FSA, Seychelles FSA
Broker typeDMA, ECN, STPECN, STP
PlatformscTrader, MT4, MT5MT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted225 countries228 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingCopy Trading, Professional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

FP Markets

  • ASIC & CySEC regulated
  • Raw ECN spreads from 0.0 pips
  • Fast execution and deep liquidity
  • MT4/MT5 platforms with EAs, hedging & scalping
  • Low commissions on RAW account

Tickmill

  • Tight spreads and low commissions
  • Fast NDD execution, low latency
  • FCA & CySEC regulation
  • MT4 and MT5 platforms
  • High leverage up to 1:500

Cons

FP Markets

  • No negative balance protection across all entities
  • No investor compensation scheme (ASIC clients)
  • IRESS platform and market data fees
  • Withdrawal fees on international bank wires/selected methods
  • Not available to US residents

Tickmill

  • CFD-only; no real share or ETF investing
  • No guaranteed stop-loss orders (GSLOs)
  • Protections vary by entity; offshore regulation for many clients
  • No proprietary platform; MetaTrader-focused
  • Limited in-house research and education tools

Key features

FP Markets

  • Multi asset Forex and CFD trading on MT4 MT5 cTrader and Iress
  • ECN raw spreads deep liquidity and low latency execution
  • ASIC and CySEC regulated with segregated client funds
  • Advanced trading tools Autochartist VPS and copy trading
  • MAM PAMM accounts for portfolio management
  • Direct market access share CFDs via Iress

Tickmill

  • Multi jurisdiction regulation FCA CySEC FSCA and FSA Seychelles
  • ECN no dealing desk execution with raw spreads and low commissions
  • MetaTrader 4 and MetaTrader 5 with VPS and FIX API
  • Multi asset CFDs Forex Indices Commodities Bonds and Cryptocurrencies
  • Negative balance protection and segregated client funds
  • Scalping hedging algorithmic and copy trading supported

Country availability: FP Markets vs Tickmill

Available at both (222): Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Canada, Cayman Islands, Central African Republic, Chad, Chile, China and 182 more.

Only FP Markets (3): India, Japan, Singapore.

Only Tickmill (6): Afghanistan, Iraq, Liberia, Libya, Somalia, Yemen.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

FP Markets vs Tickmill: common questions

Which broker is more regulated, FP Markets or Tickmill?

Tickmill holds more regulatory licences: FP Markets (ASIC, CMA, CySEC, FSCA) versus Tickmill (CySEC, FCA, FSCA, Labuan FSA, Seychelles FSA). Tier-1 licences: FP Markets 1, Tickmill 1.

Which trading platforms do FP Markets and Tickmill offer?

FP Markets offers cTrader, MT4, MT5; Tickmill offers MT4, MT5.

Which has lower fees, FP Markets or Tickmill?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, FP Markets or Tickmill?

FP Markets is the older of the two, founded in 2005; Tickmill was founded in 2014.

Are FP Markets and Tickmill available in the same countries?

They overlap in 222 countries. FP Markets is additionally available in 3 countries (India, Japan, Singapore) and Tickmill in 6 countries (Afghanistan, Iraq, Liberia, Libya, Somalia, Yemen).

Keep comparing

FP Markets

Tickmill

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.