EasyMarkets vs Tickmill: In-Depth Comparison for India Traders (2026)

For India traders, trading costs are a decisive factor. Tickmill offers ultra-low spreads starting from 0.0 pips on its Raw account, but charges a commission of $2 per side per lot. EasyMarkets uses fixed spreads, typically around 1.2 pips on EUR/USD with no commission. For a standard lot trade, Tickmill costs about $4 per round turn, while EasyMarkets costs $12—three times higher. As volume increases, Tickmill becomes significantly cheaper. If you trade 10 lots a day, Tickmill saves you $80 in spreads. However, EasyMarkets’ fixed spreads protect you from widening during volatile news events, which can happen in forex markets affecting Rupee pairs. Consider your average trade size and frequency. For most Indian scalpers and day traders, Tickmill’s variable spreads lead to lower overall costs.

EasyMarkets provides its proprietary web-based platform and also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Its web platform is intuitive and includes features like deal cancellation (allows you to reverse a losing trade within 60 minutes for a small fee) and free VPS. Tickmill offers only MT4 and MT5, which are the industry standards for charting and automation. For tech-savvy India traders who rely on Expert Advisors (EAs) or algorithmic trading, Tickmill is the better choice due to its pure MT4/5 implementation with fast execution. EasyMarkets’ platform is more beginner-friendly, with built-in risk management tools that appeal to newcomers. Both platforms are available on desktop, web, and mobile (iOS/Android). For Indian users, neither broker offers local language support in the platform, but English is widely understood.

Execution quality matters for Indian scalpers and day traders. Tickmill uses an STP/ECN model, offering fast execution with no dealing desk intervention and average execution speed below 30ms. EasyMarkets uses a market maker model with fixed spreads, which can lead to requotes during high volatility. Tickmill’s execution is more transparent and faster, especially for high-frequency trading. For India traders trading news events on Rupee pairs (e.g., USD/INR), Tickmill’s execution is superior.

Neither EasyMarkets nor Tickmill is regulated by the Securities and Exchange Board of India (SEBI). However, both hold reputable international licenses: EasyMarkets is regulated by CySEC (Cyprus) and the FSCA (South Africa); Tickmill is regulated by the FCA (UK), CySEC, and the FSA (Seychelles). For India traders, this means you are not covered by SEBI’s investor protection fund. Still, trading with a broker backed by top-tier regulators like the FCA (Tickmill) offers a higher level of trust and client fund segregation. EasyMarkets also participates in the Investor Compensation Fund (ICF) for EU clients, but this may not apply to Indian residents. Always verify the entity you open an account with—some Indian residents might be onboarded under the Seychelles entity of Tickmill, which has weaker oversight. Choose the FCA-regulated entity if possible for maximum safety.

India traders will be pleased with the local payment options available at both brokers. EasyMarkets supports UPI, IMPS, NEFT, Skrill, Neteller, and USDT. Minimum deposit is low at $25 (approximately ₹2,000). Tickmill also supports UPI, IMPS, NEFT, Skrill, and USDT, but the minimum deposit for standard accounts is $100 (approx ₹8,300). For withdrawals, both brokers process requests within 24 hours, but bank transfers via IMPS/NEFT can take 1-3 business days. Skrill and USDT withdrawals are faster (same day often). Note: USDT deposits and withdrawals are done via TRC-20 or ERC-20 networks; ensure your wallet supports the correct chain. Neither broker charges fees for deposits via UPI/IMPS/NEFT, but withdrawal fees may apply: EasyMarkets charges 2% for Skrill withdrawals, while Tickmill offers one free withdrawal per month via bank wire. For Indian traders, Skrill and USDT are the most convenient for avoiding high bank charges.

Muslim traders in India who require Sharia-compliant accounts can open Islamic (swap-free) accounts at both EasyMarkets and Tickmill. EasyMarkets offers swap-free accounts across all account types, with no interest charged on overnight positions. You simply request this via support, and it’s granted. Tickmill also offers Islamic accounts but may apply a management fee or restrict certain instrument pairs to comply with Sharia law. It's important to note that Islamic accounts usually forfeit some features like cashback or bonuses. Both brokers allow Indian traders to convert standard accounts to swap-free. However, long-term holding of positions may incur administrative fees in Tickmill. For those who trade only intraday, both are viable. We recommend contacting support to confirm current terms before opening an account.

Customer support for India traders is available 24/5 at both brokers. EasyMarkets offers live chat, email, and phone support in English, with response times averaging under 5 minutes. Tickmill provides live chat, phone, and email support, plus a comprehensive FAQ. Tickmill also has a local phone number for some regions, but not dedicated for India. EasyMarkets’ support is slightly more responsive for new traders. Both brokers have Hindi-speaking agents? Not confirmed, but English support is sufficient given India’s high English literacy among investors.