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TICKMILL , TOPFX Broker Comparison

Do you want to know which is the better broker between TICKMILL and TOPFX ?

In the table below, you can compare the features of TICKMILL , TOPFX side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
TICKMILL
7.62
Regulated
Under guarantee
10-15 years
FCA,CYSEC,FSCA
Bank transfer,Skrill,VISA mastercard,CRYPTO PAYMENTS,Neteller,UnionPay
AAA
AA
339.7
12
12
12
1995
1906
1995
A

EURUSD: 0.2

XAUUSD: -6.9

6
4
6
AAA
4.64 USD/Lot
12.85 USD/Lot
AAA

Long: -6.8

Short: 4.02

Long: -59.14

Short: 46.03

AAA
0.1
16.4
TRADINGVIEW RAW,RAW,CLASSIC
--
100
1:1000
From 0.0
0.00
--
0.01
--
TOPFX
5.94
Regulated
Under guarantee
15-20 years
CYSEC
VISA,MASTER,SEPA,SWIFT,Apple Pay,GPay,Bank transfer,PlusDebit,Skrill,fasapay,M-PESA,airtel,dragonpay,OXXO,DivePay,internet banking,SPEI,expresso,tico,hellopaisa,vodafone,Neteller,pix,MTN,Buddy Industries,TOGOCEL,OZOW,free MONEY,MOOV Money,STICPAY,Mobicash,bitwallet,Zamtel,airteltico,Orange Money,CM,THAILAND LOCAL PAYMENT GATEWAY,VN PAY,free Money
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Pro,Zero,Growth
--
--
1:2000
From 0.5
20.00
--
0.01
--

TICKMILL 、 TOPFX BrokerRelated News

TICKMILL 、 TOPFX BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do tickmill and topfx have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

tickmill
ItemDetails
Founded2014
HeadquartersLondon, UK
RegulationFCA, CySEC, FSCA
Market Instruments60+ forex pairs, commodities, 20+ indices, 500+ stocks & ETFs, bonds, cryptocurrencies, futures & options
Account TypeClassic, Raw, TradingView Raw
Demo Account
Islamic Account
Max LeverageUp to 1:1000
Spread From0.0 pips (Raw account)
Trading PlatformMT4/MT5, TradingView, Tickmill Trader
Copy/Social Trading
Min Deposit100 USD/EUR/GBP/ZAR
Payment MethodBank transfer, cards, e-wallets (region dependent)
Deposit & Withdrawal Fee❌ (wire fees reimbursed up to $100 for deposits above $5,000)
Customer SupportEmail, Live Chat, regional channels
Regional RestrictionUS

Tickmill Information

Tickmill is a globally regulated forex and CFD broker established in 2014 and headquartered in London, UK. The company provides access to a wide range of financial markets, including forex, commodities, indices, cryptocurrencies, stocks & ETFs, bonds, as well as futures and options (available under Tickmill UK Ltd).

Tickmill offers over 600 CFDs and supports multiple trading platforms such as MetaTrader 4/5, TradingView, and its proprietary Tickmill Trader. The broker is known for its ultra-fast execution (average 0.15 seconds), tight spreads, and competitive pricing structure.

Tickmill Information

What Type of Broker is Tickmill?

Tickmill operates as an NDD broker (No Dealing Desk).

This means all client orders are executed directly in the market without dealer intervention.

Key characteristics include:

  • Direct access to liquidity providers
  • Transparent pricing model
  • Reduced conflict of interest
  • Fast execution speeds

This structure is particularly suitable for traders who prioritize low spreads, high execution speed, and stable trading conditions.

Pros & Cons

Pros

  • Regulated by multiple authorities (FCA, CySEC, FSCA)
  • Tight spreads from 0.0 pips
  • Low commissions (from $3/lot per side)
  • High leverage up to 1:1000
  • Supports MT4, MT5, TradingView
  • Wide range of instruments (600+ CFDs)
  • Fast execution (0.15 sec average)

Cons

  • Does not accept US clients
  • Futures & options only available under UK entity
  • Some payment methods are region-specific

Is Tickmill Safe?

Tickmill is regulated by several recognized financial authorities, including:

  • FCA (UK) – License No. 717270
  • CySEC (Cyprus) – License No. 278/15
  • FSCA (South Africa) – License No. 49464

These licenses indicate that Tickmill operates under established regulatory frameworks and compliance standards.

How are You Protected?

Tickmill implements multiple industry-standard protection measures:

Protection MeasureDetail
RegulationFCA, CySEC, FSCA
Segregated AccountsClient funds are held separately from company funds
Negative Balance ProtectionClients cannot lose more than their balance
SSL EncryptionData protection and security
AML PoliciesAnti-money laundering compliance

Based on official disclosures, Tickmill provides a structured environment designed to support both fund safety and trading stability.

Market Instruments

Tickmill offers a broad range of tradable assets:

Asset ClassDetails
Forex60+ currency pairs, leverage up to 1:1000
CommoditiesMetals & energies, low spreads
CryptocurrenciesBitcoin, Ethereum, leverage up to 1:200
Indices20+ global indices
Stocks & ETFs500+ instruments
BondsGovernment bonds
Futures & OptionsS&P 500, DJIA, NASDAQ (UK entity only)

Account Type/Fees

Tickmill provides three main account types:

Account TypeClassicRawTradingView Raw
Min Deposit100100100
Base CurrencyUSD, EUR, GBP, ZARUSD, EUR, GBP, ZARUSD
Spread From1.6 pips0.0 pips0.0 pips
Max Leverage1:10001:10001:1000
Commission$3/lot/side$3.5/lot/side

All accounts support Islamic (swap-free) options.

Account Type/Fees

How to Open an Account?

Step 1: RegisterCreate an account and verify your email

Step 2: Upload DocumentsSubmit identity and address verification

Step 3: Fund & TradeDeposit funds, choose platform, start trading

Leverage

Tickmill offers flexible leverage depending on asset class:

Asset ClassMax Leverage
Forex1:1000
Commodities1:1000
Indices1:100
Cryptocurrencies1:200
Stocks & ETFs1:20

⚠️ Higher leverage increases both potential profit and risk.

Trading Platforms

Tickmill supports multiple trading platforms:

MetaTrader 4 (MT4)

  • Advanced charting tools
  • Expert Advisors (EAs)
  • Desktop & mobile support

MetaTrader 5 (MT5)

  • More timeframes and order types
  • Built-in economic calendar
  • Enhanced analytics

TradingView

  • 110+ drawing tools
  • 400+ indicators
  • Social trading community

Tickmill Trader

  • 60+ indicators
  • Custom watchlists
  • Biometric login

Deposits & Withdrawals

Tickmill provides flexible funding options:

  • Minimum deposit: 100 USD
  • Minimum withdrawal: 25 USD
  • Deposit processing: Instant – 1 working day
  • Withdrawal processing: Within 1 working day

Fees:

  • No deposit/withdrawal fees
  • Bank wire fees reimbursed (up to $100 for deposits above $5,000)

Processing time depends on the selected payment method and region.

Deposits & Withdrawals

Conclusion

Tickmill is a well-regulated forex and CFD broker offering competitive trading conditions, including tight spreads, low commissions, and fast execution speeds. With support for multiple platforms such as MT4, MT5, and TradingView, as well as access to over 600 CFDs, it caters to a wide range of trading styles.

Its strong regulatory background, flexible account types, and efficient fund management system make it a suitable choice for both beginner and experienced traders. However, traders should consider regional restrictions and ensure the available features align with their trading needs before opening an account.

topfx
TopFX Review Summary
Founded2019-11-27
Registered Country/RegionCyprus
RegulationRegulated
Market InstrumentsForex, Indices, Shares, Metals, Energies, Cryptocurrencies, ETFs
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.0 pips(Average Spreads-EURUSD: 0.11)
Trading PlatformcTrader, MT4 (Windows, Android, iOS)
Min DepositNo min. deposit
Customer SupportT:+248 4374705
E: support@topfx.com.sc
Facebook, Instagram, LinkedIn, Telegram
Live Chat

TopFX Information

TopFX is a broker that specializes in access to 600+ CFDs on forex, indices, shares, metals, energies, ETFs, and cryptocurrencies. The broker also provides up to 1000x max leverage and a demo account. The minimum spread is from 0.0 pips. Traders can also access the MT4 and cTrader trading platforms through TopFX.

TopFX Information

Pros and Cons

Pros Cons
RegulatedNo swap-free account
Leverage up to 1:1000Some negative voices: unable to withdrawal
Spread from 0.0 pipsNo 24/7 customer support
MT4 available
600+ CFDs

Is TopFX Legit?

TopFX is authorized and regulated by the Cyprus Securities and Exchange Commission(CYSEC) with license No.138/11. The license type is Market Making(MM), making it safer than unregulated.

Is TopFX Legit?
Is TopFX Legit?

What Can I Trade on TopFX?

TopFX offers various market instruments, including forex, indices, shares, metals, energies, ETFs, and cryptocurrencies.

Tradable Instruments Supported
Forex
Indices
Shares
Metals
Energies
Cryptocurrencies
ETFs
What Can I Trade on TopFX?

Account Type

TopFX has three live account types: Zero, Raw, and VIP. Traders who want low spreads and don't mind commission can choose a Raw account, while those with a sufficient budget can open a VIP account.

In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type ZeroRawVIP
CurrencyUSD, EUR, GBP, JPYUSD, EUR, GBP, JPYUSD, EUR, GBP, JPY
Spread from1 pip0 pip0.2 pip
Min. DepositNo min. deposit*$5000$50000
Leverage1:10001:1000Up to 1:1000
Commission$0$2.75 per side per lot$0

TopFX Fees

The spread starts from 0.0 pips and the commission is from zore. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

Traders can conduct financial activities in MT4 and cTrader, available on Windows, Android, and iOS through TopFX. Investors can trade on mobile and tablet with the TopFX cTrader app and MT4. cTrader also supports Desktop & web versions.

Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

Trading PlatformSupported Available Devices Suitable for
cTraderWindows, Android, iOSAll
MT4Windows, Android, iOSJunior traders
Trading Platform

Deposit and Withdrawal

The first deposit amount is no limit. TopFX accepts bank payments, electronic payments, and QR payments for deposits and withdrawals. Electronic payments and QR payments can receive funds instantly, while bank payments can be processed within 5 days.

Do tickmill and topfx have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive tickmill and topfx are, we first considered common fees for standard accounts. On tickmill, the average spread for the EUR/USD currency pair is From 0.0 pips, while on topfx the spread is From 0.5.

Which broker between tickmill, topfx is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

tickmill is regulated by FCA,CYSEC,FSCA. topfx is regulated by CYSEC.

Which broker between tickmill, topfx provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

tickmill provides the TRADINGVIEW RAW,RAW,CLASSIC platform with products like --; topfx offers the Pro,Zero,Growth platform featuring assets including --.

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