• Comparison
• Tickmill vs. Exness

Tickmill & Exness Comparison

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Verdict

Tickmill and Exness are leading global Forex brokers, but which one should you trust with your Forex portfolio?

I have conducted an in-depth review of Tickmill vs. Exness to determine which is the better overall choice and which types of traders will benefit most from each broker.

Headquarters	Cyprus	Seychelles
Regulators	CBSC, CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA	CySEC, FCA, FSA, FSCA
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established	2008	2014
Execution Type(s)	Market Maker	ECN/STP, Market Maker
Minimum Deposit	$10 (based on the account type)	€100
Negative Balance Protection		N/A
Trading Platform(s)	MetaTrader 4, MetaTrader 5, Proprietary platform	MetaTrader 4, MetaTrader 5, Web-based
Average Trading Cost EUR/USD	0.6 pips	0.1 pips ($1.00)
Average Trading Cost GBP/USD	0.7 pips	0.3 pips ($3.00)
Average Trading Cost WTI Crude Oil	1.7 pips	$0.04
Average Trading Cost Gold	12.5 pips	$0.09
Retail Loss Rate	Undisclosed	N/A
Minimum Raw Spreads	0.0 pips	N/A
Minimum Standard Spreads	0.3 pips	N/A
Minimum Commission for Forex	$7.00 per 1.0 standard round lot	N/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
	Get Started	Get Started

A snapshot of the most notable advantages found within our Tickmill broker review:

• Capitalise AI for code-free algorithmic trading in MT5.
• 28-plugin upgrade for MT4/MT5 plus Autochartist.
• 625M+ trades executed
• No requotes and average order execution of 20 milliseconds.
• Acuity Trading Tool for MT4/MT5, including actionable trading signals.
• MAM module for multi-account management.
• VPS hosting for 24/5 low-latency Forex trading.
• API trading

A snapshot of the most notable advantages found within our Exness broker review:

• Ultra-low trading fees.
• Swap-free trading on all Forex majors, most Forex minors, gold, crypto, and indices.
• $5+ trillion in monthly trading volume.
• 1.9 billion executed trades in 2023.
• 800,000+ active traders
• 64,000+ partners
• Instant withdrawals
• VPS hosting and API trading
• Deep liquidity and excellent order execution.

Features & Platforms

MT4
MT5
MT4/MT5 Add-Ons		N/A
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading		N/A
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
	Get Started	Get Started

Available Markets

Currency Pairs		N/A
Cryptocurrencies		N/A
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
Bonds		N/A
ETFs
Futures
Synthetics
	Get Started	Get Started

Traders get a balanced asset selection at both Forex brokers. Tickmill covers more sectors, but here is why Exness is a better choice for Forex traders:

• More currency pairs than Tickmill.
• Flexible leverage settings.
• Swap-free trading on all Forex majors and crypto CFDs.
• Cryptocurrency CFDs with multiple Bitcoin-fiat crosses, ideal for Forex traders.

Typical Spreads & Fees

Average Trading Cost EUR/USD	0.6 pips	0.1 pips ($1.00)
Average Trading Cost GBP/USD	0.7 pips	0.3 pips ($3.00)
Average Trading Cost WTI Crude Oil	1.7 pips	$0.04
Average Trading Cost Gold	12.5 pips	$0.09
Average Trading Cost Bitcoin	206.7 pips	$24.90
Minimum Raw Spreads	0.0 pips	N/A
Minimum Standard Spreads	0.3 pips	N/A
Minimum Commission for Forex	$7.00 per 1.0 standard round lot	N/A
Deposit Fee		N/A
Withdrawal Fee		N/A
Inactivity Fee	No	N/A
	Get Started	Get Started

Tickmill and Exness offer commission-free and commission-based trading fees, but which Forex broker is cheaper?

Trading fees at Exness are significantly lower, making it the clear winner in this category. Even after volume-based rebates, Tickmill is over 95% more expensive.

Account Types

Both brokers offer demo accounts and swap-free trading accounts, but Exness makes swap-free trading available to all traders within its account types as well as offering a demo account.

Are there any other noteworthy differences in the account structure between Tickmill vs. Exness?

Primary Account Structure Differences

• Tickmill offers more value-added services and has a $30 no-deposit welcome account.
• Exness has more account type choices.
• Exness has lower trading fees, resulting in more profits per trade.

Minimum Deposit

How Difficult Is It to Deposit at Tickmill Vs. Exness? H3

Tickmill requires a $100 minimum deposit versus $0 at Exness, where the payment processor determines the minimum transaction value. However, the best-priced accounts require a $500 deposit.

Both brokers make depositing easy, but Exness is better as it has no minimum requirement and supports more currencies.

Minimum Withdrawal

Which Withdrawal Process Is Better: Tickmill or Exness?

Tickmill has a reasonable minimum withdrawal amount of $25, or a currency equivalent, and fast withdrawal processing times. While only a few brokers can trump the withdrawal process at Tickmill, Exness has no minimum withdrawal amounts and features instant to near-instant withdrawals without manual approval for verified Forex traders and payment processors.

Security & Trust

Country of the Regulator	Cyprus, Kenya, Mauritius, Seychelles, United Kingdom, British Virgin Islands, South Africa, Curaçao	United Arab Emirates, Cyprus, Seychelles, United Kingdom, South Africa, Labuan
Name of the Regulator	CBSC, CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA	CySEC, FCA, FSA, FSCA
Regulatory License Number	SD025, 0003LSI, SIBA/L/20/1133, 51024, GB20025294, 178/12, 730729, 162	717270, 278/15, F007663, 49464, SD008, MB/18/0028
Regulatory Tier	N/A	1, 1, 2, 2, 4, 5
	Get Started	Get Started

Which Broker Is More Secure and Trustworthy?

Tickmill and Exness are well-established brokers with an excellent track record spanning 10+ years. They comply with numerous reputable regulators, provide negative balance protection, and segregate client deposits from corporate funds. Exness is also a Hong Kong-based Financial Commission member, extending an investor compensation fund of up to €20,000 for all traders. Given their operational excellence, I rank Tickmill and Exness equally well regarding security and trust.

Tickmill versus Exness Verdict

Tickmill

Exness

Which Forex Broker Is Better?

The trading environments at Tickmill and Exness are highly competitive. Both rank among the best Forex brokers with deep liquidity and ultra-low-latency order execution. Tickmill offers more value-added services and trading tools than Exness, which shines with its order execution.

My Verdict

Tickmill is a highly competitive Forex broker, but Exness provides traders with ultra-low Forex trading fees, including swap-free trading, making it a better choice.

FAQs

Is Exness banned in the USA?

Exness is not banned in the US, but US-resident traders are not accepted as clients.

Is Exness fake?

Exness is a legitimate broker, operational since 2008, compliant with six regulators, has an impeccable track record, and is a member of the Hong Kong-based Financial Commission.

How risky is Exness?

Exness does not pose any risk, but traders face risks primarily from their lack of knowledge and misunderstanding of financial markets.

Is Tickmill a good broker?

Tickmill is an excellent broker with several cutting-edge trading tools that ensure Forex traders have a competitive edge. They include Capitalise AI for code-free algorithmic trading, 28 plugins for MT4/MT5, Autochartist, and Acuity Trading Tools.

Which broker is better than Exness?

Some traders may find individual aspects better at other brokers than Exness, but Exness ranks among the leading Forex brokers in all core categories necessary for competitive Forex trading conditions.