Tickmill is cost-led on its commission accounts (Pro / VIP) with very tight raw spreads. XM is offering-led — bonuses, education, broader instruments, MT4 and MT5 access on all account types.
Direct answer
Tickmill has built a reputation as one of the cheapest places to trade FX majors at scale, especially on its VIP tier. XM’s strengths are elsewhere: bonus economy, education library, broader regional payment rails and a wider product set.
Side-by-side
| Feature | XM | Tickmill |
|---|---|---|
| Founded | 2009 | 2014 |
| Regulation | CySEC, ASIC, FSC Belize, DFSA | FCA, CySEC, FSA, FSCA |
| Min deposit | $5 | $100 (varies) |
| EURUSD cost | ~$6 (Ultra Low) | ~$5 (Pro), ~$2 (VIP) |
| $30 no deposit bonus | Yes | No standing offer |
| Education | Extensive, multilingual | Focused, less extensive |
How to choose
- Pick XM if: bonus, education and full retail product range matter.
- Pick Tickmill if: you trade high volume on FX majors and care about minimising round-turn cost.
Test XM with the $30 no deposit bonus
Real account · No deposit · Standard or Micro · KYC required
FAQ
XM vs Tickmill — which is better?
Tickmill is cost-led on its commission accounts (Pro / VIP) with very tight raw spreads. XM is offering-led — bonuses, education, broader instruments, MT4 and MT5 access on all account types.
Does Tickmill have FCA?
Tickmill UK Ltd holds an FCA licence, providing UK-tier consumer protection for UK clients.
Can I qualify for Tickmill VIP from a small account?
No — VIP requires a sustained balance and volume that retail-bonus economics rarely reach.
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