Tickmill review — Classic and Raw accounts, MT4/MT5
Tickmill is a group with entities in the UK, the EU, South Africa and the Seychelles; the general website publishes the Classic and Raw accounts.
An editorial review by FOX Trading Capital — not a client review, not advertising and not investment advice. FOX receives no payment from the broker for this material and uses no affiliate links in it. Conditions depend on the legal entity and the client's country and may change; check them on the broker's website before opening an account. Leveraged CFD trading carries a high risk of losing money rapidly. Broker data checked on the official website on 25 October 2026.
Legal entities
- Tickmill UK Ltd — regulated by the FCA (number not specified on the page checked); Dubai representative office, DFSA Reference F007663.
- Tickmill Europe Ltd — regulated by CySEC (number not specified).
- Tickmill South Africa (Pty) Ltd — FSCA, FSP 49464.
- Tickmill Ltd (Seychelles) — regulator and number not specified on the page.
- The general accounts page does not state which entity the conditions belong to.
Accounts
| Account | Min. deposit | Spread from | Commission | Leverage up to | Platforms |
|---|---|---|---|---|---|
| Classic | 100 | 1.6 | none | 1:1000 | MT4, MT5 |
| Raw | 100 | 0.0 | $3 per lot per side (FX and precious metals) | 1:1000 | MT4, MT5, TradingView, Tickmill Trader |
| TradingView Raw | 100 (USD only) | 0.0 | $3.5 per lot per side | 1:1000 | Tickmill Trader, TradingView |
Margin Call and Stop Out levels were not specified on the pages checked. The FAQ says Expert Advisors are supported on Classic and Raw (MT4/MT5); the Raw page says "all strategies allowed". A Tickmill VPS exists; its terms are not disclosed.
Strengths
- Low Raw commission ($3 per side).
- Explicit permission for all strategies and Expert Advisors on MT4/MT5.
- Entities supervised by the FCA, CySEC and FSCA.
Limitations
- Not stated which entity offers 1:1000 leverage (probably the offshore one — not specified on the site).
- Margin Call/Stop Out levels not published on the account pages.
FOX conclusion
A low Raw commission and explicit permission for EAs on MT4/MT5. The weakness of the public conditions: it is not stated which entity offers the published leverage, and Stop Out levels are not published.
Evaluation criteria
- regulation of the legal entity that serves the client
- full trade cost (spread + commission) on EUR/USD and gold
- MT4/MT5 and Expert Advisor support
- Margin Call / Stop Out levels
- transparency of the published conditions
Sources
The materials are for information only and are not investment advice. Leveraged trading carries a high risk of losing money.
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