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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
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
Trust rank #26 · Founded 2009
XM is a well-regarded forex and CFD broker providing online access to multiple markets on widely used platforms, along with research tools, education, and multilingual support.
Read the XM reviewTickmill (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. XM (Cyprus, founded 2009) holds 5 regulatory licences (ASIC, CySEC, DFSA, FCA, IFSC), 2 of them tier-1, offers MT4, MT5 and sits in our low-fee bracket. The two overlap in 226 countries; Tickmill is available in 2 countries where XM is not, and XM in 3 where Tickmill is not.
Scored on 8 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.
| Criteria | Tickmill | XM |
|---|---|---|
| Editorial rating | 8.7 / 10 | Not verified |
| Trust rank | #31 | #26 |
| Founded | 2014 | 2009 |
| Headquarters | United Kingdom | Cyprus |
| Regulators | CySEC, FCA, FSCA, Labuan FSA, Seychelles FSA | ASIC, CySEC, DFSA, FCA, IFSC |
| Broker type | ECN, STP | Market Maker, STP |
| Platforms | MT4, MT5 | MT4, MT5 |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Forex, Indices, Metals |
| Countries accepted | 228 countries | 229 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Copy Trading, Professional Trading, Retail 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.
Available at both (226): Afghanistan, 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, Cayman Islands, Central African Republic, Chad, Chile, China and 186 more.
Only Tickmill (2): Canada, Israel.
Only XM (3): India, Japan, Singapore.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
Tickmill holds more regulatory licences: Tickmill (CySEC, FCA, FSCA, Labuan FSA, Seychelles FSA) versus XM (ASIC, CySEC, DFSA, FCA, IFSC). Tier-1 licences: Tickmill 1, XM 2.
Tickmill offers MT4, MT5; XM offers MT4, MT5.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
XM is the older of the two, founded in 2009; Tickmill was founded in 2014.
They overlap in 226 countries. Tickmill is additionally available in 2 countries (Canada, Israel) and XM in 3 countries (India, Japan, Singapore).
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.