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Head to head

Admirals (Admiral Markets) vs Tickmill

Admirals (Admiral Markets) is licensed by FCA in the United Kingdom, CySEC in the European Union and CMA in Kenya, and also has an offshore registration. Tickmill is licensed by FCA in the United Kingdom, CySEC in the European Union, FSCA in South Africa and DFSA in the United Arab Emirates (DIFC), and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $25 at Admirals (Admiral Markets) and $100 at Tickmill. Only Admirals (Admiral Markets) offers negative balance protection. Both offer segregated client money.

Facts last checked: Admirals (Admiral Markets) on 20 October 2026, Tickmill on 20 October 2026.

Admirals (Admiral Markets) profileTickmill profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
Admirals (Admiral Markets)Strictly regulatedRead the profile
TickmillStrictly regulatedRead the profile
Comparing
Admirals (Admiral Markets)United Kingdom
TickmillUnited Kingdom

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Tallinn, Estonia (Admirals Group AS)
Not yet checked
Official websites
  • admiralmarkets.com
  • admirals.com
  • admiralmarkets.com.cy
  • tickmill.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Admiral Markets UK Ltd
Tickmill UK Ltd
Regulator
FCA
United Kingdom
FCA
United Kingdom
Regulation level
Strictly regulated
Strictly regulated
Licence number
595450
Check the register
717270
Check the register
Clients this company serves
UK residents
UK residents
All licences held
  • FCA (United Kingdom)
  • CySEC (European Union)
  • CMA (Kenya)
  • FSA Seychelles (Seychelles)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • FSCA (South Africa)
  • DFSA (United Arab Emirates (DIFC))
  • FSA Seychelles (Seychelles)
Segregated client money
Yes
Yes
Negative balance protection
Yes
No
Compensation scheme
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the Seychelles company
FSCS (UK, Tickmill UK Ltd clients); ICF (Cyprus, Tickmill Europe Ltd clients); none named for Tickmill Ltd (Seychelles)

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
1:30 on major pairs (UK, EU); up to 1:1000 at the Seychelles company
Up to 1:1000 on selected symbols, 1:500 by default on forex (Tickmill Ltd, Seychelles); 1:30 on major pairs for UK and EU retail clients
Retail leverage by asset class
  • Currency pairs (Seychelles company): up to 1:1000
  • Indices (Seychelles company): up to 1:500
  • Major currency pairs (UK and EU companies): 1:30
  • Major and minor currency pairs: 1:500 (global site)
  • Selected forex symbols: 1:1000 (global site)
Margin call level
Not yet checked
Not yet checked
Stop-out level
30% (Seychelles company)
Not yet checked

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader WebTrader
  • Admirals Platform
  • Admirals Mobile App
  • StereoTrader
  • MetaTrader 4
  • MetaTrader 5
  • Tickmill Trader
  • TradingView
  • MetaTrader WebTrader
  • Tickmill mobile app
Markets
80 currency pairs, metal, energy, index, stock, ETF and crypto CFDs, plus real stocks and ETFs on Invest.MT5
Currency pairs, indices, commodities, cryptocurrencies and other CFDs; futures accounts
Demo account
Yes
Yes
Copy trading
Not yet checked
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Debit or credit card
  • Skrill
  • Neteller
  • Crypto
  • Card
  • Bank transfer
Withdrawal fee
One free withdrawal a month per payment method, then a fee by method (2% or 3% at the Seychelles company)
No withdrawal fees from Tickmill; bank fees on single wire deposits of $5,000 or more are covered
Inactivity fee
10 EUR a month after 24 months without trades (only on a positive balance)
Not yet checked

Support

Customer support
Not yet checked
Not yet checked

Our notes

Strengths
  • UK and EU companies licensed by the FCA and CySEC, with client money in segregated accounts
  • Low minimum deposit (25 USD or EUR on Trade.MT5 and Zero.MT5, 1 USD or EUR on Invest.MT5)
  • Fees and charges page lists the inactivity, withdrawal and transfer fees in one place
  • UK and EU companies licensed by the FCA (717270) and CySEC (278/15), with FSCS and ICF cover for eligible clients
  • Raw account with spreads from 0.0 pips and a $3 commission per lot per side
  • No withdrawal fees from Tickmill and a $100 minimum deposit on Classic and Raw
Watch out for
  • International clients join Admirals SC Ltd, licensed only in the Seychelles (offshore tier), with leverage up to 1:1000
  • Says Admirals SA (Pty) Ltd is licensed by the FSCA; the FSCA's OTC derivative provider list shows it as Withdrawn, and we could not reach the FSCA FSP register on 2026-10-20 to check its FSP licence.
  • The group also names companies in Jordan, Canada and the UAE; we did not confirm those licences on 2026-10-20.
  • Only one free withdrawal a month per payment method; after 24 months without trades a 10 EUR monthly fee applies
  • Clients of the global site join Tickmill Ltd, which holds only an offshore licence from the FSA Seychelles
  • The global site's risk warning says losses can exceed the initial investment; negative balance protection is a rule for UK and EU retail clients, not stated for the Seychelles company
  • The FCA has warned about clone firms using Tickmill UK's details (FX Profit Broker / FXPB / Armada Markets UK LTD and FxoptionTrade Limited)

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Admirals (Admiral Markets): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
  • Tickmill: Risk Warning: Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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