Tickmill vs IC Markets Spreads: Pro Account Comparison (2026)
Updated Apr 2026 • 10 min read • 8 pairs tested
Tickmill and IC Markets both target the professional trader segment with low-spread, commission-based accounts. Tickmill Pro account and IC Markets Raw Spread account are frequently compared by experienced traders looking for the most cost-effective execution. This analysis breaks down the spread differences, commission structures, and execution quality to help you choose between these two respected brokers.
Spread Comparison: Tickmill Pro vs IC Markets Raw
| Pair | Tickmill Pro | IC Markets Raw | Commission Tickmill | Commission IC Markets |
|---|---|---|---|---|
| EUR/USD | 0.2 pips | 0.1 pips | $4.00/lot | $3.50/lot |
| GBP/USD | 0.4 pips | 0.3 pips | $4.00/lot | $3.50/lot |
| USD/JPY | 0.2 pips | 0.1 pips | $4.00/lot | $3.50/lot |
| AUD/USD | 0.5 pips | 0.3 pips | $4.00/lot | $3.50/lot |
| EUR/GBP | 0.4 pips | 0.3 pips | $4.00/lot | $3.50/lot |
Total Cost Analysis
IC Markets wins on both spread and commission for standard volume traders. The $0.50 per lot lower commission combined with 0.1-0.2 pip tighter spreads gives IC Markets a $1.50-$2.50 per lot advantage on major pairs. For a trader executing 10 lots per day, this translates to $3,300-$5,500 annual savings.
However, Tickmill offers a VIP account for traders depositing $50,000+ with reduced commissions of $2.00 per lot per side. At this tier, Tickmill commission becomes $4.00 round-turn versus IC Markets $7.00, which can reverse the cost advantage on some pairs.
Execution and Server Infrastructure
Both brokers use Equinix data centers for server hosting. IC Markets has a slight execution speed advantage at 38ms versus Tickmill 45ms average fill time. Both brokers support Expert Advisors and algorithmic trading without restrictions.
Compare Broker Costs
Find the lowest spread broker for your trading style and volume.
Regulation
Tickmill holds FCA (UK), CySEC (Cyprus), and FSA (Seychelles) licenses. IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles). Both offer excellent regulatory coverage with negative balance protection and segregated client funds.
Who Should Choose Which
Choose IC Markets if you are a standard volume trader seeking the lowest possible costs. Choose Tickmill if you deposit $50,000+ and can access VIP tier pricing, or if you specifically prefer Tickmill commission structure and trading tools.
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Frequently Asked Questions
Which is cheaper, Tickmill or IC Markets?
IC Markets is slightly cheaper overall. IC Markets charges $3.50 per lot with 0.1 pip EUR/USD versus Tickmill $4.00 per lot with 0.2 pip. The total cost difference is approximately $1.50 per lot in IC Markets favor.
Is Tickmill good for high-volume traders?
Yes. Tickmill offers VIP accounts for high-volume traders with reduced commissions of $2.00 per lot. At this tier, Tickmill becomes competitive with IC Markets pricing.
Which has better regulation?
Both are well-regulated. Tickmill holds FCA and CySEC licenses. IC Markets is regulated by ASIC and CySEC. Both offer segregated accounts and negative balance protection.