EasyMarkets vs Tickmill for Malaysia Traders 2026
Which broker is better for Malaysia traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Malaysia Traders
For experienced Malaysia traders, choosing the right forex broker is critical to long-term success. EasyMarkets and Tickmill are two popular brokers that accept Malaysian clients and support local payment methods such as FPX, Bank Transfer, Skrill, and USDT. While EasyMarkets is known for its user-friendly platform and fixed spreads with a unique deal cancellation feature, Tickmill appeals to cost-conscious traders with its ultra-low spreads and RAW pricing model. This comparison will help you decide which broker aligns better with your trading style, whether you prioritise low costs, robust regulation, or tailored features like Islamic accounts. Both brokers operate under international licenses (CySEC, FCA, etc.) but are not directly regulated by SC Malaysia, so understanding the trade-offs is essential. We'll evaluate spreads, platforms, deposit convenience, and customer support specifically for the Malaysian market.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Tickmill |
For Malaysia traders, trading costs can significantly impact profitability, especially for high-volume strategies. Tickmill offers a clear cost advantage: its RAW account provides spreads from 0.0 pips with a $3 per lot commission, while standard spreads on EasyMarkets start from 1.0 pips with no commission. On a typical EUR/USD trade, Tickmill's all-in cost is about 60% lower than EasyMarkets for active traders. However, EasyMarkets' fixed spreads can protect against slippage during news events, which some Malaysia traders may value. If you regularly trade 10+ lots per month, Tickmill is likely the more cost-effective choice.
Account Types Comparison
| Account Type | EasyMarkets | Tickmill |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
Leverage Comparison - Malaysia Traders
| Entity / Asset | EasyMarkets | Tickmill |
|---|---|---|
| Malaysia (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | ✗ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | EasyMarkets | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer the popular MetaTrader 4 (MT4) platform, which is widely used by Malaysia traders for its advanced charting and automated trading capabilities. EasyMarkets also provides its proprietary web-based platform with one-click trading and the exclusive deal cancellation feature – useful for impulsive traders. Tickmill sticks to MT4 and MetaTrader 5, focusing on speed and reliability. For Malaysia traders who rely on expert advisors (EAs) or custom indicators, Tickmill's MT4 support is seamless. EasyMarkets' platform is more beginner-friendly but may lack some advanced features that experienced traders require.
Execution Quality - Speed & Slippage
| Factor | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality is crucial for experienced traders. Tickmill uses straight-through processing (STP) with no dealing desk intervention, offering average execution speeds under 0.3 seconds. EasyMarkets operates a market maker model with fixed spreads, which can lead to requotes during volatility. For scalpers and high-frequency traders in Malaysia, Tickmill's no-dealing-desk execution provides faster fills and less slippage. EasyMarkets' deal cancellation feature may appeal to traders who want a safety net, but it comes at the cost of execution speed.
Regulation & Safety for Malaysia Traders
| Safety Factor | EasyMarkets | Tickmill |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor Tickmill is regulated by SC Malaysia, which means Malaysia traders do not benefit from local investor protection schemes. EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while Tickmill holds licenses from the FCA (UK), CySEC, and the FSA (Seychelles). Although SC Malaysia does not oversee these brokers, both adhere to strict European and UK standards. For Malaysia traders, this means segregated client funds and negative balance protection are in place, but deposit insurance is not available. Always verify the legal entity you are trading with to avoid risks.
Deposits & Withdrawals for Malaysia
| Payment Method | EasyMarkets | Tickmill |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Depositing and withdrawing funds is straightforward for Malaysia traders at both brokers. EasyMarkets supports FPX (instant local bank transfer), Bank Transfer, Skrill, and USDT (cryptocurrency). Minimum deposit is $100 (approx. RM450) and withdrawals are free for most methods, processed within 24 hours. Tickmill also accepts FPX, Bank Transfer, Skrill, and USDT with a lower minimum deposit of $25 (RM112). Withdrawals at Tickmill are processed within 1-2 business days and are free of charge. Both brokers allow you to deposit directly in MYR equivalent via FPX, which avoids conversion fees. Skrill and USDT provide instant processing, making them ideal for quick deposits.
Islamic Accounts - Swap-Free for Malaysia Muslims
| Islamic Account Feature | EasyMarkets | Tickmill |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both EasyMarkets and Tickmill offer Islamic (swap-free) accounts for Muslim traders in Malaysia. EasyMarkets provides Islamic accounts automatically upon request, with no swap fees on overnight positions across all account types. Tickmill also offers swap-free accounts, but you must contact customer support to enable the feature. There are no additional charges or hidden fees for these accounts. Malaysia Muslim traders can trade confidently knowing that both brokers comply with Sharia principles by not charging or paying interest on held trades.
Customer Support Comparison
| Support Feature | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support is available 24/5 for both brokers, with live chat, email, and phone options. EasyMarkets offers support in English and several other languages, though no dedicated Malaysian support team exists. Tickmill provides multilingual support and has been noted for faster response times during peak hours. Malaysia traders may experience delays due to time zone differences, but both brokers respond within 24 hours via email. Live chat is the most efficient channel for both.
Mobile App Comparison
| Mobile Feature | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
EasyMarkets
Tickmill
Who Should Use Which Broker? - Malaysia Guide
Choose EasyMarkets if you...
- Prefer fixed spreads and predictable trading costs regardless of market volatility.
- Want the safety net of a deal cancellation feature to void losing trades.
- Are a beginner or intermediate trader who values a proprietary platform with one-click trading.
- Need an Islamic account with automatic activation and no additional paperwork.
Choose Tickmill if you...
- Are an experienced trader focused on minimising trading costs with low spreads and commissions.
- Use expert advisors (EAs) or algorithmic strategies that require reliable MT4/MT5 execution.
- Prefer a no-dealing-desk environment with fast execution and minimal slippage.
- Want a lower minimum deposit (only $25) to start trading with a reputable broker.
FAQ - EasyMarkets vs Tickmill in Malaysia
Final Verdict - Malaysia 2026
For experienced Malaysia traders, Tickmill emerges as the better choice overall due to its lower trading costs, faster execution, and strong regulatory oversight. The ability to deposit using FPX, Skrill, and USDT with a low minimum deposit makes it highly accessible. However, EasyMarkets remains a solid option for those who prioritise fixed spreads and risk management tools like deal cancellation. Both brokers are not regulated by SC Malaysia, so traders should be aware of the lack of local protections. If you trade high volumes and want to maximise profitability, Tickmill's RAW account is unmatched. For occasional traders who value simplicity and safety features, EasyMarkets is a reliable alternative.