Head to head
Swissquote vs Tickmill
Swissquote is licensed by FINMA in Switzerland; FCA in the United Kingdom; CySEC in the European Union; SFC in Hong Kong and DFSA in Dubai (DIFC), UAE. 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 $1,000 at Swissquote (the Prime account needs $50,000) and $100 at Tickmill. Neither offers negative balance protection. Only Tickmill offers segregated client money.
Facts last checked: Swissquote on 20 October 2026, Tickmill on 20 October 2026.
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
Comparing
SwissquotePrime account · Switzerland
TickmillUnited Kingdom
Overview
Founded
Not yet checked
Not yet checked
Headquarters
Switzerland
Not yet checked
Official websites
- swissquote.com
- swissquote.ch
- swissquote.co.uk
- swissquote.eu
- swissquote.cy
- tickmill.com
Facts last checked
20 October 2026
20 October 2026
Regulation and protection
Company you would contract with
Swissquote Bank Ltd (Swissquote Bank SA)
Tickmill UK Ltd
Regulation level
Strictly regulated
Strictly regulated
Clients this company serves
Swiss residents and international clients not served by a local Swissquote company
UK residents
All licences held
- FINMA (Switzerland)
- FCA (United Kingdom)
- CySEC (European Union)
- SFC (Hong Kong)
- DFSA (Dubai (DIFC), UAE)
- FCA (United Kingdom)
- CySEC (European Union)
- FSCA (South Africa)
- DFSA (United Arab Emirates (DIFC))
- FSA Seychelles (Seychelles)
Swiss depositor protection up to CHF 100,000 (Swissquote Bank); FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus)
FSCS (UK, Tickmill UK Ltd clients); ICF (Cyprus, Tickmill Europe Ltd clients); none named for Tickmill Ltd (Seychelles)
Costs
Your monthly cost
$120$12 per lot × 10 lots
No accounts listed
Typical GBP/USD spread
1.6 pips
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Leverage and margin
1:30 on major pairs (UK, EU); 1:100 standard at Swissquote Bank
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
- Major currency pairs (UK: 1:30
- EUR/USD and other major pairs (Swissquote Bank): 1:100 (1% margin)
- Gold (Swissquote Bank): 1:50 (2% margin)
- Major and minor currency pairs: 1:500 (global site)
- Selected forex symbols: 1:1000 (global site)
Stop-out level
30%
Not yet checked
Account
Minimum deposit (this account)
$50,000
No accounts listed
Platforms and features
Platforms
- MetaTrader 4
- MetaTrader 5
- CFXD
- TradingView
- FIX API
- MetaTrader 4
- MetaTrader 5
- Tickmill Trader
- TradingView
- MetaTrader WebTrader
- Tickmill mobile app
Markets
About 130 currency pairs, metals and CFDs on indices, commodities and bonds
Currency pairs, indices, commodities, cryptocurrencies and other CFDs; futures accounts
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
- Card
- Bank transfer
Withdrawal fee
Not yet checked
No withdrawal fees from Tickmill; bank fees on single wire deposits of $5,000 or more are covered
Inactivity fee
10 units of the account currency a month after 6 months without activity
Not yet checked
Support
Customer support
Not yet checked
Not yet checked
Our notes
Strengths
- Forex accounts held with a Swiss bank supervised by FINMA, with Swiss depositor protection up to CHF 100,000
- Subsidiaries licensed by the FCA, CySEC and Hong Kong's SFC
- Spread-only pricing with no commission on forex, and live spreads shown per account on its website
- 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
- High entry level: $1,000 for Standard, $10,000 for Premium and $50,000 for Prime.
- At Swissquote Bank, Swissquote warns that losses are in theory unlimited and you may have to pay in more if your balance falls below margin
- Inactivity fee of 10 a month in the account currency after only 6 months
- Says Swissquote South Africa (Pty) Ltd holds FSCA licence 43908 (advice and intermediary services); we could not confirm it on the FSCA register on 2026-10-20.
- 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)
Choose at least one broker above to start comparing.
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:
- Swissquote: Trading leveraged products on the Forex platform, such as foreign exchange, spot precious metals and Contracts for Difference (CFDs), involves significant risk of loss due to the leverage and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. Losses are in theory unlimited and you may be required to make additional payments if your account balance falls below the required margin level and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. Over the past 12 months, 68.22% of retail investors have either lost money when trading CFDs, experienced a total loss of their margin at the closing of their position or ended up with a negative balance after closing their position.
- 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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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.