Fxpro vs Tickmill By Fxstay experts, When it comes to choosing a forex broker, FxPro and Tickmill are trusted names renowned for offering reliable trading environments. Both cater to retail and professional traders, yet each delivers a distinct experience. This comprehensive guide about Tickmil vs FxPro breaks down their differences across 11 core areas so you can determine which platform aligns with your trading goals.
1. Company Background & Reputation
FxPro is a long-established broker, operating since the mid‑2000s with clients in over 170 countries. Known for strong regulatory oversight and rigorous execution standards, it supports a broad set of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and its own proprietary platform.
By contrast, Tickmill emerged later but quickly gained traction. Focused on low trading costs, fast order execution, and straightforward account types, it appeals to serious traders who value simplicity without compromising speed. Supported by licenses such as the UK Financial Conduct Authority (FCA), Tickmill has earned credibility with its transparent pricing structure.
2. Regulation & Client Security
FxPro:
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Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), and the Securities Commission of the Bahamas.
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Offers segregated client accounts and negative balance protection.
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Uses SSL encryption and provides two‑factor authentication.
Tickmill:
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Licensed by FCA, CySEC, Seychelles FSA, and Labuan FSA.
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Maintains strict client fund segregation and negative balance protection.
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Regularly audited by independent authorities.
Verdict: Both brokers are solidly regulated. FxPro offers broader jurisdiction coverage while Tickmill focuses on transparent, low‑cost execution structures under stringent oversight.
3. Account Types & Minimum Deposits
FxPro:
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MT4 Standard: Starter with variable or fixed spreads.
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MT5: Advanced features, market execution.
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cTrader: Raw spreads with commission‑based pricing.
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FxPro proprietary platform.
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Islamic accounts available upon request.
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Minimum deposit: $100.
Tickmill:
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Classic (commission‑free, standard spreads).
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Pro (raw spreads, $4 round‑turn commission).
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VIP (lower commissions, for high-volume traders).
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Islamic accounts on demand.
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Minimum deposit: $100 (Classic/Pro), $50,000 (VIP).
Verdict: FxPro’s broader account variety suits diverse trader types. Tickmill appeals to cost-sensitive traders through streamlined options and predictable fee structures.
4. Trading Platforms & Technology
FxPro:
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MT4, MT5, cTrader, and FxPro’s proprietary app (web/mobile).
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cTrader offers Level II pricing, advanced charting, and algorithmic trading.
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Proprietary platform is intuitive and feature-rich.
Tickmill:
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MT4 and MT5 across desktop, web, and mobile.
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Known for reliability and fast execution.
Verdict: FxPro leads in platform diversity and technological features. Traders seeking more advanced or niche interfaces may prefer FxPro.
5. Trade Execution & Speed
FxPro:
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Offers both market and instant execution.
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Average execution latency around 11 milliseconds.
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Uses Equinix London and Amsterdam data centers.
Tickmill:
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All orders are market executed.
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Average trade execution under 200 milliseconds.
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Utilizes Miami and London-based liquidity networks.
Verdict: Tickmill markets itself as the low-latency specialist. For ultra-fast execution, especially on standard forex pairs, Tickmill may edge out FxPro. FxPro’s performance remains strong though slightly slower.
6. Range of Trading Instruments
FxPro:
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70+ currency pairs
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Indices, commodities, futures
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Stocks (U.S., U.K., Europe)
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Precious metals and energies
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Cryptocurrency CFDs
Tickmill:
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60+ currency pairs
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Indices, metals, bonds
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Commodities
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Some cryptocurrencies
Verdict: FxPro offers broader market access, including equities and futures—ideal for traders with multi-asset strategies.
7. Tickmill Vs FxPro Spreads & Trading Costs
FxPro:
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MT4/MT5 spreads from ~1.2 pips on EUR/USD.
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cTrader raw spreads from 0.0 pips + ~$4.50 round‑turn commission.
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No deposit fees; withdrawal charges vary by method.
Tickmill:
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Classic spreads from ~1.6 pips, no commission.
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Pro spreads from 0.0 pips + $4 round‑turn commission.
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VIP commissions from $2 round‑turn.
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No deposit or withdrawal fees.
Verdict: Tickmill offers lower direct costs for raw spread accounts. FxPro’s competitive pricing on cTrader narrows the gap.
8. Educational Tools & Research
FxPro:
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Real-time news updates, economic calendar, technical analysis tools.
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Integrated Trading Central.
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Detailed webinars, e-books, and video tutorials.
Tickmill:
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Live webinars and educational videos.
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Weekly market analysis and technical commentary.
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AutoChartist integration for pattern recognition.
Verdict: FxPro delivers richer educational resources and research features. Tickmill caters well to technical or strategy-focused traders.
9. Customer Support & Service
FxPro:
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24/5 multilingual support via live chat, email, and phone.
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Fast response times and robust FAQ section.
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Back-office help for account management.
Tickmill:
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Live chat, email, and phone support during trading hours.
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Well-structured knowledge base.
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Solid educational support for beginners.
Verdict: FxPro’s broader service infrastructure makes it marginally stronger for traders needing comprehensive assistance.
10. Fxpro vs Tickmill Deposit & Withdrawal Policies
FxPro:
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Methods: Card, bank wire, Skrill, Neteller.
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No deposit fees; withdrawal fees apply depending on payment type.
Tickmill:
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Same funding methods.
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Zero fees for both deposits and withdrawals.
Verdict: Tickmill offers a slight advantage with all zero-cost deposit/withdrawal across all methods.
11. Mobile Trading Experience
FxPro:
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Full-featured mobile apps (MT4, MT5, cTrader, and proprietary).
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Advanced tools, charting, and news integration.
Tickmill:
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Standard MT4/MT5 mobile apps.
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Reliable and functional but less feature-rich.
Verdict: FxPro delivers a more polished mobile experience with greater platform flexibility.
12. Ideal Trader Profiles
| Trader Type | FxPro | Tickmill |
|---|---|---|
| Beginner | Comprehensive education & tools | Simple, transparent fee structure |
| Intermediate | Multiple platforms, multi-asset access | Low-cost trading with reliability |
| High-frequency scalpers | cTrader performance and execution | Ultra-low spreads and fast execution |
| Multi-asset investors | Access to equities, futures, cryptos | Focused on forex/indices/metals |
13. Key Advantages & Considerations
FxPro Advantages:
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Extensive platform options (including cTrader).
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Wide instrument coverage.
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Superior research and education resources.
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Strong regulatory background.
FxPro Considerations:
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Hiking trading costs without raw spread accounts.
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Withdrawal charges via certain methods.
Tickmill Advantages:
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Exceptionally low trading costs.
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Clear, easy-to-use account options.
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Reliable execution and withdrawal processes.
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No hidden funding costs.
Tickmill Considerations:
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Limited platform choice.
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Fewer asset classes available.
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Basic research tools compared to FxPro.
14. Comparative Summary
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Regulation & Trust: Both strong; FxPro is larger.
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Platform Variety: FxPro leads, especially with cTrader.
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Trading Costs: Tickmill is slightly cheaper.
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Execution Performance: Both fast; Tickmill slightly quicker.
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Asset Range: FxPro broader.
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Support & Resources: FxPro offers more comprehensive options.
Choose FxPro if you seek platform variety, broad asset access, and in-depth educational tools. Opt for Tickmill if you prioritize low costs, fast execution, and simplicity.
15. Frequently Asked Questions (FAQ)
Q: Which broker is better for scalping?
A: Both cater well, but Tickmill offers tighter raw spreads and faster execution, while FxPro’s cTrader also supports fast scalping.
Q: Do either broker charge hidden fees?
A: Tickmill offers zero deposit/withdrawal fees. FxPro may charge withdrawal fees depending on method.
Q: Can I open both accounts to diversify?
A: Absolutely. Many traders use multiple brokers to capitalize on each one’s strengths.
Q: Which broker supports algorithmic trading better?
A: Both support MT4/MT5 EA execution. FxPro’s cTrader adds algorithmic capacity through cAlgo.
Q: Is it safe to trade with them?
A: Yes. Both are regulated by top-tier bodies and keep funds in segregated accounts with negative balance protection.
Fxpro vs Tickmill Final Thoughts
When it comes to FxPro vs Tickmill, the “better” broker truly depends on your trading needs:
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Go with FxPro for variety—multiple platforms, asset classes, and research tools.
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Choose Tickmill for low cost, fast execution, and a streamlined experience.
Both brokers are reputable, regulated, and capable. Your choice depends on whether you value technological range and market depth or focus on tight spreads and straight-forward trading.
