Plain-English forex education. No hype, no signals.فارسی
BrokerCutForex Academy

Head to head

Tickmill vs XChief

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. XChief has no licence we could confirm on a regulator's register. 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 $100 at Tickmill and $0 at XChief (the xPRIME account needs $500). Only XChief offers negative balance protection. Both offer segregated client money.

Facts last checked: Tickmill on 20 October 2026, XChief on 20 October 2026.

Tickmill profileXChief 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
TickmillStrictly regulatedRead the profile
XChiefRead the profile
Comparing
TickmillUnited Kingdom
XChiefxPRIME account

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Not yet checked
Fomboni, Mwali (Comoros)
Official websites
  • tickmill.com
  • xchief.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

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

Costs

Your monthly cost
No accounts listed
$70$7 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$7
Spread from
No accounts listed
0.0 pips
Typical EUR/USD spread
No accounts listed
0.1 pips
Commission per lot (round turn)
No accounts listed
$6
Typical GBP/USD spread
Not yet checked
0.3 pips
Typical USD/JPY spread
Not yet checked
0.2 pips
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
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
Up to 1:1000 on forex (lower as account equity rises)
Retail leverage by asset class
  • Major and minor currency pairs: 1:500 (global site)
  • Selected forex symbols: 1:1000 (global site)
  • Forex (equity under $3: 1:1000
  • Metals (equity under $3: 1:500
  • Commodities and indices (equity under $3: 1:50
  • Cryptocurrencies: 1:5
  • US shares: 1:2
Margin call level
Not yet checked
Not yet checked
Stop-out level
Not yet checked
30% (CENT, Classic+, DirectFX); 50% (xPRIME)

Account

Minimum deposit (this account)
No accounts listed
$500
Base currencies
No accounts listed
USD, EUR, GBP
Execution
No accounts listed
Market execution, MetaTrader 5, $3 / €3 / £3 commission per side on forex and metals

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Tickmill Trader
  • TradingView
  • MetaTrader WebTrader
  • Tickmill mobile app
  • MetaTrader 4
  • MetaTrader 5
  • xChief mobile app
Markets
Currency pairs, indices, commodities, cryptocurrencies and other CFDs; futures accounts
Up to 32 currency pairs, metals, commodities, indices, cryptocurrencies and 95 US share CFDs (xPRIME account)
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
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
  • Card
  • Bank transfer
  • Bank transfer (SWIFT
  • SEPA
  • FPS)
  • Cryptocurrency
Withdrawal fee
No withdrawal fees from Tickmill; bank fees on single wire deposits of $5,000 or more are covered
The deposit page lists 0% for bank transfer and crypto; the agreement allows extra fees if you deposit and withdraw without trading
Inactivity fee
Not yet checked
$20 one-off, then $20 a month, while an account is inactive

Support

Customer support
Not yet checked
24/7 by live chat, Telegram, WhatsApp, Viber and email

Our notes

Strengths
  • 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
  • Four account types, including a cent account with no minimum deposit
  • Negative balance protection and segregated client money are stated in its risk disclosure
  • Leverage is cut automatically as account equity grows, which limits the size of positions on larger accounts
Watch out for
  • 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)
  • Says xChief Ltd holds Mwali International Services Authority (MISA) licence T2023379; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • Says xChief ZA (Pty) Ltd is authorised by the FSCA as FSP 54829; we could not confirm it on the FSCA register on 2026-10-20 (the register could not be reached). That company only introduces clients; accounts are opened with xChief Ltd in Comoros.
  • Leverage up to 1:1000 and heavy use of bonuses, no-deposit offers and trading credits
  • Inactive accounts pay $20 and then $20 a month

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:

  • 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.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

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.

BrokerCut on Telegram

Get the latest forex news and market analysis.

Join the channel