Tickmill vs XM
A side-by-side comparison built from each broker's own published record — licenses checked against official registers, terms quoted from their own pages, with the source linked on every claim.
| Regulation | Financial Conduct Authority · Cyprus Securities and Exchange Commission · Seychelles Financial Services Authority · Financial Sector Conduct Authority · Dubai Financial Services Authority | CySEC · FSC · DFSA |
| License no. | Financial Conduct Authority FCA Register Number: 717270 Cyprus Securities and Exchange Commission License number: 278/15 Seychelles Financial Services Authority License number: SD008 Financial Sector Conduct Authority License number: FSP 49464 Dubai Financial Services Authority Reference Number: F007663 | CySEC 120/10 FSC not printed on public register (XM Global Limited listed as Active, categories: Trading in Securities as Principal; Arranging transactions in Securities, registration period 2026) DFSA F003484 |
| Founded | Not published | 2009 |
| Minimum deposit | $100 | $5 |
| EUR/USD spread from | 0.0 pips (Raw Account, $3 per lot per side); Classic Account from 1.6 pips, zero commission — published as account-level "Spreads From" on tickmill.com/trading/accounts-overview, not EURUSD-specific | "spreads as low as zero" (Zero Account); EURUSD-specific from-figure not published on public pages |
| Leverage | FSA Seychelles: 1:1000 dynamic — auto-steps to 1:500 / 1:100 / 1:30 as exposure grows; crypto starts 1:200 FCA (UK): Retail 1:30 (1:20 on indices and stocks) CySEC: Retail 1:30 · Professional 1:500 | CySEC (Cyprus): Up to 30:1, depending on instrument FSC Belize: Flexible leverage up to 1000:1 |
| Gulf Payments | ||
| Platforms | MetaTrader 4, MetaTrader 5, TradingView, Tickmill Trader, MetaTrader WebTrader | MetaTrader 4, MetaTrader 5, XM App |
| Broker-published claim | Processing Time On Withdrawal: "Within 1 Working Day" for every listed payment method (min withdrawal $25, no withdrawal commission); crypto FAQ adds "We usually process crypto withdrawals within a few minutes to 24 hours" [Source] | Withdrawal requests are processed instantly by our Artificial Intelligence Back Office System, based on algorithmic parameters. You'll receive your money immediately, or on the same day your request is executed. Withdrawals via bank wire, credit or debit card usually take 2-5 business days to reach your account. [Source] |
| Withdrawal methods | Bank transfer, Visa/Mastercard (credit/debit card), Skrill, Neteller, UnionPay, Crypto (BTC, ETH, USDT, USDC — ERC20) | Credit/debit cards, Electronic payment methods (e-wallets), Bank wire transfer, Local bank transfer |
| Crypto deposits/withdrawals | Yes | No |
| Islamic Accounts | Yes | Yes |
| Measured by us | Testing in progress | Testing in progress |
| Accepts clients from | United Kingdom, United Arab Emirates, Germany, Italy, China | Germany, Italy, United Arab Emirates, Kenya, Saudi Arabia, Malaysia, Turkey, China, Taiwan, Thailand, Vietnam, Indonesia |
| Open account | Open account |
We do not name a winner here. The two records sit side by side because the right answer depends on where you live, what you trade, and which entity would onboard you — all of which the table shows.
By Country
- Tickmill + XM: United Arab Emirates, Germany, Italy, China
- Tickmill Yes / XM No: United Kingdom
- XM Yes / Tickmill No: Kenya, Saudi Arabia, Malaysia, Turkey, Taiwan, Thailand, Vietnam, Indonesia
Is Tickmill or XM better?
Neither is better in the abstract. Compare the rows that apply to you: whether each broker accepts clients from your country, which entity and regulator you would be onboarded under, the minimum deposit, and how withdrawals work on the rail you would actually use.
Which is safer, Tickmill or XM?
Safety follows the entity that holds your money, not the brand. Both records list every regulator and license number each broker publishes — check which entity serves your country, then verify that license on the regulator's own register.