
Crypto broker review · Europe
Tickmill for Crypto in 2027: Is It the Right Broker for You?
Tickmill is a broker for people who look at the bill first. Launched in 2014 and headquartered in London, it has made its name with some of the lowest commissions in currency and metals trading and with a no-nonsense approach to execution. Crypto CFDs are on the menu too, but as a short list of major coins and not as a specialism.
This 2027 review explains what crypto you can trade at Tickmill, how it is priced, which regulator covers you and where the gaps are. Tickmill is listed #33 of 52 in our crypto broker table.
Who Runs It?
The group was formed by traders and technology specialists and expanded quickly through its Seychelles-regulated company before adding licences in the UK, Cyprus, South Africa and Dubai. It reports average monthly volumes in the hundreds of billions of dollars and several hundred thousand registered clients.
The company is private. Its UK and European arms publish the financial disclosures their regulators require.
The Crypto List
The firm offers a compact set of crypto CFDs focused on the largest coins, such as bitcoin, ether, litecoin, XRP and a few others. We have not recorded an exact count because it differs between entities and platforms and has changed several times.
The practical advice is to open the market watch on a demo account for your entity and see the symbols for yourself. If you want dozens of altcoins, this is not the broker.
Each instrument is a contract for difference. No coin is purchased or held for you.
- Crypto markets
- —contracts on the price
- Founded
- 201413 years in 2027
- Regulators
- 5incl. top-tier
- Min. deposit
- $100no US clients
Pricing
Crypto CFDs are spread-only. There is no commission on them, including on accounts that charge commission for currencies.
The firm's general account types are:
- Classic: no commission, with wider spreads
- Raw: spreads from zero on currencies with a commission of about $3 per side per lot
We do not have an independently tested bitcoin spread for Tickmill, so we make no claim about where it ranks on that measure. Its currency pricing is among the best in the industry; do not assume the same is true of every crypto symbol without checking.
Minimum Deposit
The minimum deposit is $100 for the main account types.
Swaps
A daily swap is charged on leveraged crypto positions. Rates are listed in the contract specifications and inside MetaTrader. Swap-free accounts are available at some entities for clients who require them on religious grounds.
How to Check a Crypto Spread Yourself
In MetaTrader, right-click the market watch and enable the spread column. The figure is shown in points; multiply by the point size in the symbol's specification to get dollars. Watch it for a few minutes at three different times: a weekday afternoon in Europe, late on a US evening and on a Saturday. The average of those is a realistic guide to what you will pay.
Regulation
Five regulators oversee the group's entities:
- The FCA in the United Kingdom
- CySEC in Cyprus
- The FSA in Seychelles
- The FSCA in South Africa
- The DFSA in Dubai
UK and EU retail clients receive negative balance protection, segregated funds and compensation scheme eligibility. Clients of the Seychelles company get higher leverage and fewer statutory safeguards.
UK Clients
UK retail clients cannot trade crypto CFDs under FCA rules. Professional clients can. The UK entity also offers exchange-traded futures and options on a separate platform, which is a different product class from CFDs.
United States
US residents are not accepted.
Leverage
For EU retail clients crypto leverage is 1:2. The Seychelles entity allows more. With crypto's volatility, the lower figure is closer to what a prudent trader would choose anyway.
Platforms
- MetaTrader 4
- MetaTrader 5
- Tickmill Trader, the firm's own mobile app
- TradingView, connected for chart trading
MetaTrader remains the core. The mobile app is modern and handles deposits, withdrawals and trading in one place.
Execution Policy
The broker is popular with scalpers and algorithmic traders because it places no restrictions on trading styles and quotes its average execution speed in fractions of a second. Orders are passed to liquidity providers without requotes. Slippage can be positive or negative.
Tools
Clients have access to Autochartist pattern recognition, an advanced trading toolkit for MetaTrader, and a virtual private server for automated strategies at a discount or free for active accounts. An Acuity sentiment tool summarises news tone for major markets.
Crypto Deposits
At its non-EU entities, the broker accepts deposits in crypto. The coins are converted to the account's base currency. This is a funding convenience and does not mean you hold crypto on the platform.
Other Payment Methods
Bank transfer, cards and e-wallets such as Skrill and Neteller are supported. The firm has a zero-fees policy on deposits and withdrawals above a minimum amount and reimburses bank charges on larger wire deposits. Withdrawals are typically processed within one working day.
A Cost Scenario
A currency trader who occasionally trades bitcoin opens 0.1 BTC about four times a month. If the spread at the time is $30, the monthly crypto cost is $12. Against the savings that trader makes on currency commissions, the crypto spread is a minor item. For a trader whose activity is mostly crypto, the calculation reverses, and a broker with a tested low bitcoin spread makes more sense.
Inactivity
At the time of our check, the firm did not levy an inactivity fee on dormant accounts at its main entities. Fee schedules change, so confirm on the current legal documents.
Trading Hours
Crypto CFDs are offered through the week, with weekend availability depending on the entity. Check the trading hours in the symbol specification.
Education
Webinars, seminars, e-books and video tutorials are provided, and the firm's analysts host regular live sessions. The material is solid for intermediate traders.
Research
Daily technical and fundamental analysis is published on the blog and through the platforms. Crypto features when the market is active.
Support
Customer service is available on trading days by chat, email and phone in a wide range of languages. It is not staffed all weekend.
Demo Account
A demo account is free and useful for confirming the crypto list and spreads on your chosen platform.
Safety of Funds
Client money is held in segregated accounts. UK clients are eligible for the Financial Services Compensation Scheme and EU clients for the Cypriot fund. The UK entity has also advertised additional insurance for larger balances; check current terms.
Statements and Tax
Account history can be exported from the client area and from MetaTrader. Tax is the client's responsibility.
Crypto Futures Through the UK Entity
Because the British company gives access to exchange-listed futures, some professional and eligible clients look at CME bitcoin and ether futures there as an alternative to CFDs. Futures are cleared by an exchange, have expiry dates and are charged per contract instead of through a spread. Availability to retail clients is restricted by the UK rules on crypto derivatives, so ask the firm what applies to your classification.
Small Positions and Contract Size
On MetaTrader, one lot of bitcoin normally equals one coin, and the smallest trade is 0.01 lot. With bitcoin priced in the tens of thousands, even that minimum represents several hundred dollars of exposure. On a $100 account with 1:2 leverage, a single minimum trade can use most of the available margin. Plan the account size around the contract, not the other way round.
Tickmill Versus Other Low-Cost Brokers
For currencies and metals, the firm competes with Fusion Markets, IC and Pepperstone on commission. For crypto it is behind all three in range, and unlike them it has no tested spread in our data. Its regulatory footprint, with the FCA and DFSA, is stronger than Fusion's.
Who Should Use Tickmill?
It suits you if you:
- Trade currencies or gold at low commission and want bitcoin and ether available on the same account.
- Use MetaTrader and automated strategies.
- Value regulation by the FCA, CySEC or DFSA.
It does not suit crypto-focused traders, altcoin hunters, UK retail clients wanting crypto, or anyone who wants to own coins.
Final Assessment of Tickmill
Tickmill is a very good low-cost broker for currencies and metals, with credible regulation and fast execution.
As a crypto venue it is limited. The list is short, varies by entity and comes without an independent spread test in our records. Choose it if your main business is elsewhere and crypto is an occasional trade. If crypto is the main event, a broker with a broader and better-documented crypto offer will serve you better.