TradingCritique

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HYCM vs Tickmill : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

HYCM

HYCM

VS
Tickmill

Tickmill

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Both market maker and STP broker

Years of Existence / Established Year

1977

2014

Customer Base / Number of Accounts

No information

134,000+ newly registered accounts, 75,000+ new active clients


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Regulation & Security

Regulations (governing bodies)

FCA, DFSA, CySEC,CIMA

FSA, FCA, FSCA, CySEC,DFSA

Awards Won (count for the last 2 years)

Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023

ForexBrokers.com Annual Forex Broker Review 2024, Best Trading Spread Brokersview 2024, Rankia Argentina 2024, Best Spreads for Gold Trading FX Empire 2024, Best Spreads in the UK FX Empire 2024, Finance Magnates Africa Summit 2023

Security Measures

Tier-1 Client Fund Security

FSCS, ICF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

300+ instruments

500+ stocks and ETFs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

HYCM Trader, Web trader

Tick mill trader app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Fixed, Classic and Raw account, Special account for VIP and corpoarte clients

Classic, Raw, Tickmill trader raw account for Forex and CFDs

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$20

$100

Leverage Available

1:20- 1:500

1:1 to 1:1000

Trade Limit (maximum per trade)

250 for MT4 Unlimited for HYCM trader and MT5

100 lots

Commission (per account type)

No commission for fixed and classic accounts, Commissions for raw account: FX $4 per round, Metals $5 per round, Others $0 per round

Tickmill trader raw account- $3.50 per lot per side, Raw account- $3 per lot per side, Classic account -$0

Best Suited For (e.g., beginners, experienced traders)

Beginners traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets

Bank transfer, Crypto payments, Visa/ Mastercard, Union pay, e-wallets

Withdrawal Methods

Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets

Bank transfer, Crypto payments, Visa/ Mastercard, Union pay, e-wallets

Other E-Wallets Supported

Neteller, Skrill, PayTrust, Fasapay, WebMoney, AstroPay, ZOTAPAY, and UPI

Skrill, Neteller, Stic Pay, FasaPay, Web money


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Forex Fundamentals, Trading Tools and Resources, Advanced Trading Concepts, Ethics and Compliance, Technology In Trading, Forex Market History

Trading Education, Market Analysis, Webinars, eBooks and Guides, Video Tutorials, Tickmill Analytics Market Insights


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Fees & Commissions

Trading-Related Fees

Spread- 0.1 to 1.5 pips, Raw account - FX- $4 per round, Metals - $5 per round

Spread classic account- 1.6 pips, Raw account - 0.0pips

Spread (typical, fixed, variable)

Variable /Fixed

Variable

Per Lot Fees

$4 per round

$3

Options Contract Fees

NA

NA

Futures Contract Fees

NA

$0.85

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:500

1:1000


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Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

$50

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$10

NA

Withdrawal Fee

e-wallets- 1%, Bank wires- $30, Others-$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

23: 01GMT on Sunday night and 21: 00 GMT on Friday night

Monday from 00:02 until 24:00, from Tuesday 00:00 to Thursday 24:00 and on Friday from 00:00 until 23:58


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5 For complaints 9:00 - 18.00 (GMT +3)

24/7

Customer Support Methods (phone, email, live chat)

Phone: +44 - 208 - 816 - 7812, E-mail:[email protected], Live chat

Client Support phone : +852 5808 7849, Email: [email protected], Live chat

Support Languages

15+

15+


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Additional Information

Headquarters Location

27-28 Clement's Lane, St Clement's HouseLondon EC4N 7AEUnited Kingdom

3rd Floor, 27 - 32 Old Jewry Tickmill London, Greater London EC2R 8DQ GB.

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
If minimizing trading costs is your top priority, HYCM might be more attractive due to its lower commissions. Meanwhile, Tickmill justifies its moderate fees with more robust tools and professional-grade features.
HYCM gets you trading faster thanks to its minimal entry barriers. In comparison, Tickmill account setup is slower but includes extra layers of financial screening and suitability assessments.
HYCM platform is great for fast-paced day trading, especially with features like one-click trading. Tickmill platform, by comparison, is built for strategy testing and long-term portfolio management.
HYCM is geared toward frequent trading and analytics, while Tickmill fits those who value simplicity and guided experiences.