EasyMarkets vs Tickmill (2026): Australia Trader Comparison

For Australian traders, trading costs are a major differentiator. Tickmill’s Pro account offers raw spreads from 0.0 pips on major pairs like AUD/USD, with a $3 commission per lot per side. This structure suits high-volume scalpers. EasyMarkets, by contrast, uses fixed spreads – typically 1.0 to 1.2 pips on AUD pairs – with no commission. While fixed spreads offer certainty, they are wider during low volatility. Over 100 trades per month, Tickmill’s variable spreads typically produce lower total costs for active traders, while EasyMarkets is better for those who prioritise predictable expenses.

Both brokers offer MetaTrader 4 and MetaTrader 5, the industry standard for Australian traders. Tickmill exclusively uses MT4/MT5, providing a pure, customisable trading environment with advanced charting and automated trading via Expert Advisors. EasyMarkets also supports MT4/MT5 but adds its proprietary web platform, which includes one-click trading and guaranteed stop-loss orders. For Australian traders who value simplicity and built-in risk management, EasyMarkets’ web platform is a plus. Tickmill appeals to those who prefer the full flexibility of MetaTrader without additional proprietary features.

Tickmill is renowned for its lightning-fast execution, with average speeds under 30ms and no requotes on market orders. This is critical for Australian scalpers and algorithmic traders. EasyMarkets, while reliable, uses a dealing desk model that can lead to slippage on volatile news events, though it offers guaranteed stop-loss orders as compensation. For day traders who require precision and minimal latency, Tickmill’s execution is superior. EasyMarkets’ execution is adequate for swing traders and those who prioritise stop-loss guarantees.

Both EasyMarkets and Tickmill are regulated by ASIC, Australia’s primary financial regulator. ASIC imposes stringent requirements: client funds must be held in segregated trust accounts, and negative balance protection is mandatory for retail clients. Leverage is capped at 1:30 for forex pairs, which applies to both brokers under their Australian entities. Tickmill additionally holds licenses from the FCA and CySEC, but for Australian clients, the ASIC-regulated entity governs all trades. This gives traders in Australia strong legal protections and a clear avenue for dispute resolution through the Australian Financial Complaints Authority (AFCA).

Australian traders benefit from convenient local deposit methods at both brokers. EasyMarkets and Tickmill accept BPAY, POLi, Bank Transfer, and Credit Card (Visa/Mastercard). BPAY and POLi are particularly popular as they link directly to Australian bank accounts with no extra fees. EasyMarkets requires a minimum deposit of $100 AUD, while Tickmill’s minimum is $100 USD (approx. $150 AUD depending on exchange rate). Withdrawals are typically processed within 1-2 business days; bank transfers take 1-3 days. Both brokers charge no internal fees for Aussie dollar withdrawals, but third-party bank fees may apply. EasyMarkets also supports PayPal and Skrill, offering additional flexibility for e-wallet users.

Both EasyMarkets and Tickmill provide Islamic (swap-free) accounts for Australian Muslim traders who wish to trade in accordance with Sharia law. EasyMarkets offers Islamic accounts on request after the trader provides a declaration of faith, while Tickmill automatically grants swap-free status to clients from Islamic countries, including Australia. Neither broker charges swap or overnight interest on these accounts. However, EasyMarkets may apply a small admin fee on positions held beyond a certain period. Australian traders should confirm specific terms with each broker’s support team before opening an Islamic account.

EasyMarkets offers 24/5 live chat, phone support, and email, with a dedicated Australian phone line. Tickmill also provides 24/5 live chat and email, but lacks a local phone number for Australia. Both respond quickly, typically within a few minutes via chat. Tickmill’s support is known for technical expertise, while EasyMarkets excels in guiding new traders through account setup and platform features. For Australian traders in different time zones, both brokers cover the Sydney trading session adequately.