Tickmill was founded in 2014 and has grown into a globally recognized forex broker, serving over 300,000 clients worldwide. For Switzerland traders, Tickmill offers a compelling mix of low-cost trading, fast execution, and access to MetaTrader platforms. While the broker is not regulated by the Swiss Financial Market Supervisory Authority (FINMA), it is authorized by top-tier regulators such as the UK FCA and CySEC, providing a reasonable level of safety. Tickmill’s headquarters are in Seychelles, but its European operations are based in Cyprus. Swiss traders can benefit from competitive spreads starting from 0.0 pips on the Pro account, and a minimum deposit of just $100. The broker supports several payment methods popular in Switzerland, including Bank Transfer, Skrill, and USDT (Tether). However, local payment methods like TWINT, PostFinance, or Swiss IBAN deposits are not available, which may be a minor inconvenience for some Swiss residents. Overall, Tickmill is a well-established broker that offers good value for cost-conscious traders in Switzerland.
| Detail | Information |
|---|---|
| Founded | 2014 |
| Headquarters | Seychelles |
| Regulated by | FCA,CySEC,FSCA,FSA,LFSA |
| Min Deposit | $100 |
| Max Leverage | 500 |
| Platforms | MT4, MT5 |
| Islamic Account | ✓ Available |
| Copy Trading | ✗ Not available |
| Demo Account | ✓ Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.10 pips | $2.00 | $2.10 | 1.60 pips |
| XAU/USD | 0.18 pips | $2.00 | $2.18 | 0.25 pips |
| Feature | Available |
|---|---|
| Demo Account | ✓ Yes |
| ECN/Raw Account | ✓ Yes |
| Islamic (Swap-free) | ✓ Yes |
| Scalping Allowed | ✓ Yes |
| Hedging Allowed | ✓ Yes |
| Expert Advisors (EA) | ✓ Yes |
| Copy Trading | ✗ No |
Tickmill offers Islamic (swap-free) accounts for Switzerland traders who require Sharia-compliant trading. This account is genuinely swap-free, meaning no interest is charged or earned on overnight positions. It is available on both Classic and Pro account types. To apply, you need to contact Tickmill’s customer support after registration and provide a reason (e.g., religious beliefs). There are no hidden fees or additional charges – the account functions exactly like a standard account but without swaps. However, some instruments may have a holding period limit (e.g., 10 days) after which a fee may apply, so it’s important to check the terms. For Muslim traders in Switzerland, this is a valuable feature as it allows trading in compliance with Islamic finance principles. The account is offered in good faith, and Tickmill does not charge extra for the swap-free status.
| Feature | Details |
|---|---|
| Islamic Account Available | ✓ Yes |
| Swap Fees | ✓ No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | ✓ All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | ✓ Available | 0.18 pips |
| Silver (XAG/USD) | Spot Silver | ✓ Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | ✓ Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | ✓ Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | ✓ Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | ✓ Available | 0.02% |
| ETF CFDs | SPY, QQQ | ✓ Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | ✓ Yes | Built into platform, real-time |
| Daily Market Analysis | ✓ Yes | Written + video reports |
| Video Tutorials | ✓ Yes | Beginner to advanced |
| Live Webinars | ✓ Yes | Weekly sessions, recorded |
| Demo Account | ✓ Yes | Unlimited, no expiry |
| Copy Trading | ✗ No | Not available |
| Free VPS | ✓ Yes (active traders) | For EA/automated trading |
| Local Language Support | ✗ No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | ✓ Yes | 24/5 (Mon-Fri) | ★★★★★ Excellent |
| Email Support | ✓ Yes | 24/5 | ★★★★☆ Very Good |
| Phone Support | ✓ Yes | Business hours | ★★★★☆ Good |
| ✗ No | — | Not available | |
| Local Language | ✗ No | — | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Tickmill ★ | $100 | 0.10 pips | ✓ | ✗ | 3.3 |
| Pepperstone | $0 | 0.09 pips | ✓ | ✓ | 4.9 |
| IC Markets | $200 | 0.02 pips | ✓ | ✗ | 4.8 |
| Exness | $10 | 0.10 pips | ✓ | ✗ | 4.8 |
Understanding how Tickmill protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Switzerland traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | ✓ Yes | Client money held in separate bank accounts |
| Negative Balance Protection | ✓ Yes | Losses capped at account balance |
| Top-tier Regulation | ✓ Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | ✓ Yes | Up to £85,000 (FCA) or €20,000 (CySEC) |
| 2FA Security | ✓ Yes | Two-factor authentication available |
| SSL Encryption | ✓ Yes | All data encrypted in transit |
| Audit & Reporting | ✓ Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Tickmill relevant to Switzerland traders:
Tickmill is a reliable and cost-effective broker for Switzerland traders who prioritize low spreads and fast execution. While the lack of FINMA regulation is a significant drawback for those seeking the highest level of security, the FCA and CySEC licenses provide a solid safety net. The broker’s support for Skrill and USDT deposits is convenient, though the absence of TWINT and PostFinance is a missed opportunity. The Islamic account is a genuine plus for Muslim traders. Overall, Tickmill is best suited for experienced retail traders in Switzerland who are comfortable trading under a non-Swiss regulator and want to minimize trading costs. Beginners may prefer a Swiss-regulated broker for peace of mind, but Tickmill remains a strong contender for its price and platform quality.