EasyMarkets vs Tickmill 2026: Comparison for Iceland Traders

When trading from Iceland, cost efficiency can significantly impact profitability. Tickmill offers a Raw Spread account with spreads from 0.0 pips and a commission of $3 per lot round trip. For an Iceland trader executing 10 lots per month, this results in a total cost of around $60 in commissions plus negligible spreads. EasyMarkets, by contrast, charges fixed spreads starting at 1.2 pips with no commission. On the same 10 lots, the cost would be approximately $120—double that of Tickmill. For scalpers and high-frequency traders in Iceland, Tickmill’s pricing model is clearly more competitive.

Both brokers offer robust trading platforms suited to Iceland traders. Tickmill provides MetaTrader 4 and MetaTrader 5, along with a web trader and mobile apps, giving access to advanced charting, automated trading, and a wide range of indicators. EasyMarkets offers its own proprietary web platform with features like deal cancellation and guaranteed execution, plus TradingView integration. For Iceland traders who prefer the familiarity of MT4 or MT5, Tickmill is the stronger choice, while EasyMarkets appeals to those wanting a user-friendly, all-in-one platform.

Execution quality differs notably between the two. Tickmill uses NDD (No Dealing Desk) execution with access to multiple liquidity providers, resulting in low latency and minimal slippage—ideal for scalpers and automated traders in Iceland. EasyMarkets uses market execution with fixed spreads, but offers guaranteed stop loss and deal cancellation features that can protect against slippage. For most Iceland traders, especially those prioritizing speed, Tickmill’s execution is superior.

EasyMarkets is regulated by CySEC (Cyprus), the FCA (UK), and ASIC (Australia), while Tickmill is regulated by the FCA, FSA Seychelles, and CySEC. Neither broker is directly supervised by the Icelandic Financial Supervisory Authority (FME). For Iceland traders, this means protections like the FSCS or ICF do not apply, but both brokers comply with EU standards through their CySEC licenses, including negative balance protection and segregated client funds. Iceland traders should always verify the regulatory status of the specific entity they trade with.

Iceland traders have several convenient deposit and withdrawal methods available at both brokers. EasyMarkets and Tickmill accept Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank transfers may take 1–3 business days and can incur intermediary fees, while Skrill and Neteller deposits are processed instantly with minimal fees. USDT TRC20 deposits are fast (often within minutes) and cost-effective, making them ideal for crypto-savvy traders. Tickmill requires a minimum deposit of $100, same as EasyMarkets. Withdrawals are processed within 24 hours for e-wallets and crypto, while bank transfers may take longer. All transactions are handled in USD.

Both EasyMarkets and Tickmill offer Islamic (swap-free) accounts for Muslim traders in Iceland who need to comply with Sharia law. EasyMarkets provides swap-free accounts upon request, typically without additional conditions, and they waive all swap fees on overnight positions. Tickmill also offers Islamic accounts automatically for eligible clients, though certain instruments may have limited eligibility. Iceland traders should contact support before opening an account to confirm the terms and ensure no hidden charges apply.

Customer support is available in English for both brokers, which suits most Iceland traders (Icelandic language support is not offered). EasyMarkets provides 24/5 live chat, email, and phone support, with response times typically under 5 minutes. Tickmill also offers 24/5 support via live chat and email, plus a comprehensive FAQ section. For urgent issues during Icelandic business hours (UTC+0), Tickmill's live chat is slightly faster based on user feedback.