TradingCritique

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

Broker Name

Tickmill

Tickmill

VS
TMGM

TMGM

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Broker Overview

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

Both market maker and STP broker

ECN broker

Years of Existence / Established Year

2014

2013

Customer Base / Number of Accounts

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

No information


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Regulation & Security

Regulations (governing bodies)

FSA, FCA, FSCA, CySEC,DFSA

ASIC, VFSC and FSC

Awards Won (count for the last 2 years)

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

Most Trusted Forex Broker 2024, Best Forex Trading Platform 2024, SkyLine Guide 2024 Award, Most Innovative Sports Sponsorship 2024, Brokersview Fastbull 2024 Award

Security Measures

FSCS, ICF

Civil Liability Insurance program for a limit of $10,000,000

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)

500+ stocks and ETFs

12,000 instruments including shares

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

No

Futures

Yes

Yes

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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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.)

Tick mill trader app

TMGM app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

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

Edge and classic account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$100

$100

Leverage Available

1:1 to 1:1000

1:100 to 1:1000

Trade Limit (maximum per trade)

100 lots

Depends on the assets type

Commission (per account type)

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

Currency Pairs: $7 ; Precious Metals: $5

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

Beginner to experienced traders

Experienced traders


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Deposit & Withdrawal Options

Deposit Methods

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

Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets

Withdrawal Methods

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

Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets

Other E-Wallets Supported

Skrill, Neteller, Stic Pay, FasaPay, Web money

Skrill, Neteller.SticPay, FasaPay, UnionPay


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

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

Market analysis, Traders terminology, Trading tools


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Fees & Commissions

Trading-Related Fees

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

Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips

Spread (typical, fixed, variable)

Variable

variable/floating spread

Per Lot Fees

$3

NA

Options Contract Fees

NA

NA

Futures Contract Fees

$0.85

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

1:1000


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Non-Trading Fees

Dormant Fees

$0

$30 per month after 6 months of inactivity

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

$0

NA

Deposit Fee

$0

$0

Currency Conversion Fee

NA

Charges not mentioned, May apply for non-USD deposits

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

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

Depends on the assets type


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Customer Support

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

24/7

24/7

Customer Support Methods (phone, email, live chat)

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

Phone +61 2 8036 8388, Fax +61 2 8036 8388, Email [email protected], Live chat

Support Languages

15+

15+


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Additional Information

Headquarters Location

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

100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.

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.
While Tickmill maintains low trading fees with no minimum deposit, TMGM includes some charges for premium features and certain asset trades, making Tickmill the better option for budget-focused traders.
The account creation flow at Tickmill is modern and app-driven, making it seamless for new users. TMGM, however, leans toward traditional processes with forms and verifications that take more time.
Tickmill integrates well with algorithmic trading tools and third-party plugins. In contrast, TMGM emphasizes educational content and built-in research features within its platform.
Tickmill caters to serious traders who value advanced features, whereas TMGM appeals to beginners due to its user-friendly platform.