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

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Data refreshed 24 Jul 2026 · Compiled by David Ispiryan

HYCM

Trust rank #30 · Editorial rating 8.7 / 10 · Founded 1977

HYCM is a well-regarded forex and CFD broker offering access to a broad range of currency pairs and other markets on MetaTrader platforms. It provides flexible account types, education and research resources,…

Read the HYCM 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

HYCM (United Kingdom, founded 1977) holds 4 regulatory licences (CIMA, CySEC, DFSA, FCA), 1 of them tier-1, offers MT4, MT5 and sits in our medium-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 202 countries; HYCM is available in 3 countries where Tickmill is not, and Tickmill in 26 where HYCM is not.

Verdict at a glance

  • HYCM leads on trust rank and track record.
  • Tickmill leads on regulatory coverage, country coverage and fee level.
  • Level on editorial rating, platform choice, instrument range 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.

HYCM vs Tickmill: side-by-side data

CriteriaHYCMTickmill
Editorial rating8.7 / 108.7 / 10
Trust rank#30#31
Founded19772014
HeadquartersUnited KingdomUnited Kingdom
RegulatorsCIMA, CySEC, DFSA, FCACySEC, FCA, FSCA, Labuan FSA, Seychelles FSA
Broker typeMarket Maker, STPECN, STP
PlatformsMT4, MT5MT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted205 countries228 countries
Fee levelMediumLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesProfessional 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

HYCM

  • Multi-jurisdiction regulation (FCA, CySEC, DFSA, CIMA)
  • MT4 and MT5 platforms with EA support
  • Multiple account types (Fixed, Classic, Raw) incl. Islamic accounts
  • Competitive pricing with tight raw spreads and low commissions
  • Negative balance protection and segregated client funds

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

HYCM

  • Offshore CIMA entity for most international clients
  • No guaranteed stop-loss orders
  • Inactivity fees on dormant accounts
  • Limited platforms (MT4/MT5 only; no cTrader)
  • Wider spreads on Standard/Fixed accounts

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

HYCM

  • Regulated in the UK Cyprus UAE and Cayman Islands
  • MetaTrader 4 and MetaTrader 5 platforms
  • Account types Fixed Classic Raw
  • Forex and CFD trading on indices commodities and shares
  • Negative balance protection and segregated client funds
  • Support for algorithmic trading and expert advisors

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: HYCM vs Tickmill

Available at both (202): Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Congo, Cook Islands, Costa Rica and 162 more.

Only HYCM (3): India, Japan, Singapore.

Only Tickmill (26): Afghanistan, Albania, Barbados, Belgium, Burkina Faso, Cambodia, Canada, Cayman Islands, Cyprus, France, Gibraltar, Haiti, Hong Kong, Iraq, Jamaica, Lebanon, Mali, Mozambique, Panama, Philippines, Portugal, Senegal, South Sudan, Spain, Tanzania and 1 more.

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

HYCM vs Tickmill: common questions

Which broker is more regulated, HYCM or Tickmill?

Tickmill holds more regulatory licences: HYCM (CIMA, CySEC, DFSA, FCA) versus Tickmill (CySEC, FCA, FSCA, Labuan FSA, Seychelles FSA). Tier-1 licences: HYCM 1, Tickmill 1.

Which trading platforms do HYCM and Tickmill offer?

HYCM offers MT4, MT5; Tickmill offers MT4, MT5.

Which has lower fees, HYCM or Tickmill?

Tickmill is in the lower fee bracket (medium vs low) in our catalogue.

Which is older, HYCM or Tickmill?

HYCM is the older of the two, founded in 1977; Tickmill was founded in 2014.

Are HYCM and Tickmill available in the same countries?

They overlap in 202 countries. HYCM is additionally available in 3 countries (India, Japan, Singapore) and Tickmill in 26 countries (Afghanistan, Albania, Barbados, Belgium, Burkina Faso, Cambodia and 20 more).

Keep comparing

HYCM

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.