winner
Tickmill
⭐ 4.5 · London, UK / Limassol
Tickmill is a UK broker founded in 2014, focused on low spreads and tight commissions for the algorithmic / scalping crowd. FCA + CySEC + FSA + Labuan regulation.
$7/lotSpread 0p1:500
Broker Comparison
Tickmill vs XM
Side-by-side comparison of Tickmill and XM on every dimension professional traders care about — from fees and leverage to regulators, scalping rules, and EA support. Updated May 2026.
Reviewed & ranked byTradingEdge IC License — Investment Consultant (Thai SEC) Strategic Partner of Top-Tier Brokers
XM
⭐ 4.4 · Limassol, Cyprus
XM is one of the largest forex brokers with 10+ million clients in 196 countries. Famous for its $30 No Deposit Bonus and free educational content for new traders.
$11/lotSpread 0.6p1:1000
Verdict
Tickmill wins 5/13 categories — the better all-round choice.
Tickmill: 5 · XM: 3 · tied: 5
| Field | Tickmill | XM |
|---|---|---|
| Rebate per lot | $7 / lot | $11 / lot |
| Spread from | 0 pips | 0.6 pips |
| Execution speed | 36 ms | 65 ms |
| Max leverage | 1:500 | 1:1000 |
| Min deposit | $100 | $5 |
| User rating | 4.5 / 5 (2,410) | 4.4 / 5 (4,310) |
| Trust score | 8.82 / 10 | 8.50 / 10 |
| Execution type | ECN / NDD | Market Execution / NDD |
| Liquidity providers | 14+ | 12+ |
| Regulators | FCA (UK) #717270 · CySEC (CY) #278/15 · FSCA (ZA) #49464 | ASIC (AU) #443670 · CySEC (CY) #120/10 · IFSC (BZ) #000261/397 |
| Platforms | MT4 · MT5 · cTrader · Tickmill Trader · TradingView | MT4 · MT5 · XM WebTrader · XM Mobile |
| Payout frequency | รายวัน | รายวัน |
| Withdrawal time | 1 วันทำการ | ภายใน 24 ชม. |
| Swap-free / Islamic | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| EA / algo allowed | ✓ | ✓ |
| Negative balance protection | ✓ | ✓ |
Strengths of Tickmill
- $30 No Deposit Bonus — risk-free start
- Pro account spread 0.0 + $4/lot commission
- FCA + CySEC + FSA + Labuan regulation
- Daily withdrawals
- Bonus has volume requirements
- Limited Thai-language support
Strengths of XM
- $30 No Deposit Bonus — start risk-free
- 10M+ clients, established brand
- Multiple regulators (CySEC, ASIC, FSC, DFSA)
- Strong Thai-language support
- Spread wider than ECN competitors
- Rebates paid monthly (not daily)