An overall comprehensive side-by-side comparison of Tickmill vs Exness. Tickmill is a well-regulated STP, ECN, and MetaTrader-only broker with competitive account tiers with commission-free and commission-based pricing. But how does this broker perform against the multi-regulated, award-winning, and reputable CFD and forex broker, Exness?
- Tickmill vs Exness trading conditions comparison 2026
- Tickmill vs Exness spreads and fees for forex traders
- Tickmill vs Exness regulated brokers: pros and cons
- Tickmill vs Exness withdrawal and deposit options review
- Tickmill vs Exness: the best broker for beginner traders
- Tickmill vs Exness account types and leverage differences
🏆10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | 
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| 🥈 |  | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 |
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| 🥉 |  | Read Review | CySEC, MWALI, FSCA | $25 |
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| 4 |  | Read Review | ASIC, CySEC, FSA, SCB | $200 |
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| 5 |  | Read Review | FSA, FSCA | $250 |
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| 6 |  | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 |
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| 7 |  | Read Review | FSC, FSCA | $50 |
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| 8 |  | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 |
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| 9 |  | Read Review | ASIC, CySEC, IFSC, DFSA, FCA | $5 |
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| 10 |  | Read Review | FSA, CySEC, FSCA, FSC | $10 |
|
Tickmill vs Exness Overall Comparison
| 🔎 Category |  |  |
| 💰 Fees | No deposit or withdrawal fees. Inactivity fee: $10 quarterly after 12 months of no activity. | Spreads: Variable; Standard from ~0.2–0.3 pips; Raw/Zero from 0.0 pips (with commission). Commission: Depends on account (zero on Standard; low per‑lot on Raw/Zero). Deposit/Withdrawal: Generally no broker fees; third‑party fees possible. |
| 🏛️ Regulation | CySEC, FCA, FSA, FSCA | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA |
| 🖥️ Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Tickmill Web Trader, TradingView, CQG, AgenaTrader. | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Exness Trader App, WebTerminal (MT) on desktop/web/mobile. |
| 📍 Typical Trader Profile | typically appeals to active and cost-conscious forex and CFD traders who prioritise low trading costs, tight spreads, and efficient execution. | Suited for cost‑focused traders, scalpers, and high‑volume traders. Strong for experienced and active traders due to low spreads and raw pricing. Flexible leverage appeals to varied strategies. |
| 💰 Minimum Deposit | $100 | $10 |
| 🚀Open an Account | 👉Open Account | 👉Open Account |
Tickmill vs Exness Regulation Comparison
| 🔍 Features | | |
| ⭐ Trust Score | 82 | 97 |
| 📅 Year founded | 2014 | 2008 |
| 📊 Publicly Traded | No | No |
| 🇿🇦 Licensed in South Africa | Yes | Yes |
| 🥇 Tier-1 Regulation | 1 | 1 |
| 🥈 Tier-2 Regulation | 2 | 2 |
| 🥉 Tier-3 Regulation | 2 | 4 |
Tickmill vs Exness Assets Comparison
| 🔍 Features | | |
| 📊 Forex | Yes | Yes |
| 📊 Number of Forex pairs | 62 | 120 |
| 📊 CFDs | Yes | Yes |
| 📊 Bonds | Yes | No |
| 📊 Commodities | Yes | Yes |
| 📊 ETFs | No | No |
| 📊 Treasuries | No | No |
| 📊 Indices | Yes | Yes |
| 📊 Options | No | No |
| 📊 Futures | No | No |
| 📊 Precious Metals | Yes | Yes |
| 📊 Energies | Yes | Yes |
| 📊 Individual Shares | Yes | Yes |
| 📊 US Stock Trading | No | No |
| 📊 International Stock Trading | No | Yes |
| 📊 Cryptocurrency CFDs | Yes | Yes |
| 📊 Physical Crypto | No | No |
| 📊 Total Tradable Instruments | 202 | 278 |
Tickmill vs Exness Fees Comparison
| 🔍 Features | | |
| 💰 Average Spread for EUR/USD | 0.0 pips | 0.0 pips |
| 💰 Commissions Charged | Yes | Yes |
| 💰 ECN Execution | Yes | Yes |
| 💰 Market Maker Execution | No | No |
| 💰 Inactivity Fee | No | No |
| 💰 Currency Conversion Fees | Yes | No |
| 💰 Deposit Fee | No | No |
| 💰 Withdrawal Fee | No | No |
Tickmill vs Exness Account Types Comparison
| 🔍 Features | | |
| 📒 Standard Account | Yes | Yes |
| 📒 Cent Account | No | Yes |
| 📒 Commission-Free Account | Yes | Yes |
| 📒 ECN Account | Yes | Yes |
| 📒 Demo Account | Yes | Yes |
| ☪️ Islamic/Swap-Free Account | Yes | Yes |
| 📒 Managed Accounts | No | No |
| 📒 Share Dealing Account | No | No |
Tickmill vs Exness Trading Conditions Comparison
| 🔍 Features | | |
| 📊 Hedging | Yes | Yes |
| 📊 Scalping | Yes | Yes |
| 📊 Dynamic Leverage | Yes | Yes |
| 📊 Beginner Trading | Yes | Yes |
| 📊 Professional Trading | Yes | Yes |
| 📊 Copy/Social Trading | Yes | Yes |
Tickmill vs Exness Deposit Options Comparison
| 🔍 Features | | |
| 💳 Bank wire | Yes | Yes |
| 💳 MasterCard | Yes | Yes |
| 💳 PayPal | No | Yes |
| 💳 Skrill | Yes | Yes |
| 💳 Neteller | Yes | Yes |
| 💳 Minimum Deposit | R1600 ZAR / $100 | R160 ZAR / $10 |
Tickmill vs Exness Trading Platforms Comparison
| 🔍 Features | | |
| 💻 Desktop Platform | Yes | Yes |
| 📱 Mobile App | Yes | Yes |
| 💻 Social Trading | Yes | Yes |
| 💻 MetaTrader 4 | Yes | Yes |
| 💻 MetaTrader 5 | Yes | Yes |
| 💻 cTrader | No | No |
| 💻 DupliTrade | No | No |
| 💻 ZuluTrade | No | No |
| 💻 Proprietary Platform | No | Yes, App |
Tickmill vs Exness Analytical Tools Comparison
| 🔍 Features | | |
| 📅 Economic Calendar | Yes | Yes |
| 📈 Social Sentiment | Yes | Yes |
| 📈 Trading Central | No | Yes |
| 📈 AutoChartist | No | No |
| 📈 Forex News Sources | Yes | Yes |
| 📈 Daily Market Commentary | Yes | Yes |
| 📈 Virtual Private Server (VPS) | Yes | Yes |
| 📈 Trading View | No | Yes |
| 📈 Blog | Yes | Yes |
Tickmill vs Exness Educational Resources Comparison
| 🔍 Features | | |
| 🎓 Offers education | Yes | Yes |
| ℹ️ Webinars | Yes | No |
| ℹ️ Beginner training videos | Yes | Yes |
| ℹ️ Advanced training videos | Yes | Yes |
| ℹ️ Tutorials | Yes | Yes |
| ℹ️ eBooks | No | No |
| ℹ️ Glossary | Yes | No |
Tickmill vs Exness Forex Majors Offered Compared
| 🔍 Features | | |
| 💱 GBP/USD | Yes | Yes |
| 💱 USD/JPY | Yes | Yes |
| 💱 EUR/USD | Yes | Yes |
| 💱 USD/CHF | Yes | Yes |
| 💱 USD/CAD | Yes | Yes |
| 💱 NZD/USD | Yes | Yes |
| 💱 AUD/USD | Yes | Yes |
Overview of Tickmill
Who Is Tickmill?
Tickmill is a global online forex and CFD broker founded in 2014 that provides trading access to currency pairs, indices, commodities, precious metals, and cryptocurrencies (CFDs). The company has expanded rapidly by focusing on low trading costs, fast execution, and transparent pricing.
Regulation & Safety
- Regulated by top-tier authorities, including FCA (UK), CySEC (Cyprus), FSCA (South Africa), and FSA (Seychelles) — providing multi-region oversight.
- Segregated client funds held in reputable banks, separate from corporate funds.
- Offers negative balance protection in many regions to prevent accounts from going below zero.
- Tickmill has been operational since 2014, with a clean regulatory track record and transparent reporting.
- Compliance checks, KYC, and AML policies are standard across all regulated entities.
Tradable Markets & Instruments
- Forex: Major, minor, and exotic currency pairs (40+ pairs).
- Indices CFDs: Global indices such as US30, UK100, GER40, etc.
- Commodities CFDs: Including energies (oil, gas) and precious metals (gold, silver).
- Cryptocurrency CFDs: Available depending on regulatory region (Bitcoin, Ethereum, etc.).
- Government Bonds: Some CFD access on selected sovereign debt products (varies by region).
- No direct stocks or ETFs: Trading is focused on CFDs rather than direct market securities.
Platforms & Tools
- Supports MetaTrader 4 (MT4) — the industry’s most widely used PC and mobile platform.
- MT4 includes advanced charting, automated trading (Expert Advisors), and a wide range of technical analysis tools.
- WebTrader version available, usable directly in browsers without installation.
- Mobile apps for iOS and Android with real-time quotes, execution, and alerts.
- Provides VPS support (for eligible accounts), one-click trading, and integrated risk tools.
- Includes tools like economic calendar, market news, real-time quotes, and graphing add-ons.
Costs, Spreads & Fees
Spreads:- Pro Account (Raw): Ultra-tight spreads from 0.0 pips on EUR/USD with a small commission.
- Classic Account: Spread-only pricing with competitive spreads from ~1.6 pips.
- Spreads vary by instrument and market conditions.
Commission:
- Pro/Raw accounts charge a commission per lot traded (very low, tiered by volume).
- Classic accounts use spread-only pricing with no separate commission.
Deposit/Withdrawal Fees:
- Tickmill typically does not charge deposit fees; some funding methods may have third-party fees.
- Withdrawals are usually free through many e-wallets and bank transfer (method dependent).
- Overnight/Swap Fees: Charged when positions are held beyond daily rollover times.
- Currency Conversion Fees: May apply if trading products are priced in a different currency from your account base.
- No inactivity fees: Unlike many brokers, Tickmill does not charge fees for dormant accounts.
Pros and Cons
| ✅Pros | ❌Cons |
| Lower volatility, more predictable | Leverage can amplify losses |
| Open 24/5 during global trading sessions | Closed on weekends |
| Highly liquid, especially major pairs | Lower liquidity on exotic pairs |
| FSCA-regulated brokers, safer | Regulation may limit broker flexibility |
| MT4, MT5, cTrader, broker platforms | Learning curve for tools |
| Steady, predictable profits | Lower potential gains than high-volatility markets |
| Easy to access via brokers | Limited trading during weekends |
| High leverage options | Can lead to large losses if misused |
| Clear technical and fundamental analysis | Requires understanding of macroeconomics and news |
| Stop-loss, take-profit, and hedging available | Poor discipline can still lead to losses |
Overview of Exness
Who Is Exness?
Exness is a global online forex and CFD (Contracts for Difference) broker founded in 2008 and headquartered in Limassol, Cyprus, with additional offices worldwide.
It provides retail and institutional traders with access to a wide range of financial markets, including forex currency pairs, indices, commodities, cryptocurrencies, metals, energies, stocks, and ETFs via CFDs.
Regulation & Safety
- Regulated by top-tier authorities, including FCA (UK), CySEC (Cyprus), FSCA (South Africa), and FSA (Seychelles), depending on entity.
- Segregated client funds are held at reputable banks.
- Offers negative balance protection in many jurisdictions.
- Long operational track record and transparent regulatory disclosures.
Tradable Markets & Instruments
- Forex: 120+ currency pairs.
- CFDs: Indices, metals, commodities, energies.
- Cryptocurrencies: Multiple crypto CFDs available.
- Stocks & ETFs: CFD access on global shares.
- No direct asset ownership (CFDs only).
Platforms & Tools
- MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, web, and mobile.
- WebTerminal for MT platforms without download.
- Advanced charting, Expert Advisors (EAs), and technical indicators.
- Multi-account view and integrated risk analysis tools.
Costs, Spreads & Fees
- Spreads: Ultra-low and competitive; variable based on account type.
- Commissions: Zero on standard accounts; ECN/Raw accounts have transparent commissions.
- Deposit/Withdrawal fees: No direct fees from Exness; third-party bank/wallet fees may apply.
- Currency conversion fees: Applied if trading outside the account currency.
- Swap/overnight fees: Standard for positions held overnight.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Very low spreads and flexible pricing. | Inactivity and administrative fees can be relatively high. |
| High leverage options in some regions. | Fees can vary by payment method and currency. |
| Fast execution and multiple account types. | Advanced features may be overwhelming for absolute beginners. |
Conclusion
Tickmill and Exness are both well-regarded forex and CFD brokers, yet they appeal to slightly different types of traders. Tickmill is known for its professional execution environment, ultra-tight spreads on Raw/Pro accounts, no inactivity fees, and a strong focus on MetaTrader 4. Its regulatory coverage, including FCA, CySEC, and FSCA, supports client safety and transparency, making it particularly appealing to active traders, scalpers, and those who prioritise low-cost execution.
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Frequently Asked Questions
Which broker has stronger regulation, Tickmill or Exness?
Both are well-regulated: Tickmill holds licences fromthe FCA, CySEC, FSCA, and others. Exness is regulated by FCA, CySEC, FSCA, and multiple international authorities. Both segregate client funds and follow AML/KYC standards.
Which broker offers lower trading costs, Tickmill or Exness?
Tickmill often offers ultra-tight spreads on Raw/Pro accounts with low commissions. Exness also delivers competitive spreads and flexible fees, especially on high-volume accounts. Costs vary by account type and instrument.
Is Tickmill or Exness better for beginner traders?
Beginners may find Exness more accessible due to low minimum deposits and flexible leverage. Tickmill’s professional pricing is excellent but may suit cost-focused or more experienced traders.
How do spreads compare between Tickmill and Exness?
Tickmill’s Raw accounts feature spreads from ~0.0 pips (with commissions). Exness also offers low spreads on Raw/Zero accounts with very competitive pricing, often depending on volume and market conditions.
Which broker supports more trading platforms?
Exness supports MT4, MT5, and its own WebTrader/desktop terminal. Tickmill supports MT4 only across desktop, web, and mobile. Exness offers a broader platform choice overall.
Which broker is better for scalping and high-frequency traders?
Tickmill’s Raw execution and tight pricing favour scalpers and high-frequency strategies. Exness also enables scalping, but pricing varies by regime and leverage, making Tickmill slightly more execution-focused.
Do Tickmill and Exness offer crypto trading?
Yes, both offer cryptocurrency CFDs on selected digital assets. Availability and specific coins vary depending on the regulatory region and entity.
What minimum deposits do Tickmill and Exness require?
Tickmill’s minimum deposit is moderate (e.g., ~$100). Exness often requires no minimum deposit for some accounts, making it easier for traders with small capital.
Which broker has better educational resources?
Exness offers a wider range of educational content and market insights, while Tickmill also provides tutorials and market analysis, though less extensive.
Which broker is better for automated trading?
Both support automated trading via MetaTrader (EAs), but Exness’s broader platform suite and flexible account features may appeal more to varied automation strategies.
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