HYCM vs Tickmill (2026): regulation, platforms and costs compared
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Data refreshed 24 Jul 2026 · Compiled by David Ispiryan
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,…
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…
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.
Copy 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.
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.
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).
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.