EasyMarkets vs Tickmill: Philippines Broker Comparison 2026

For Philippines traders, trading costs are a major factor. EasyMarkets charges fixed spreads starting from 1.0 pips on EUR/USD with no commission, ideal for small-lot traders who need cost certainty. Tickmill’s Raw account offers spreads from 0.0 pips plus a commission of $2 per lot per side, which becomes cheaper as volume increases. A trader executing 10 standard lots per month in PHP pairs would save around PHP 2,000 with Tickmill. However, EasyMarkets’ fixed spreads protect against volatile market conditions, which can benefit new traders who prioritize predictability over lowest cost.

Both brokers cater to mobile-first Philippines traders. EasyMarkets provides a proprietary mobile app with an intuitive interface, one-click trading, and deal cancellation feature—useful for traders on the go. Tickmill offers the industry-standard MetaTrader 4 and MetaTrader 5 platforms, which are powerful for chart analysis, automated trading, and custom indicators. For OFW investors using smartphones, Tickmill’s MT4/5 apps are reliable but have a steeper learning curve. EasyMarkets’ app is simpler and faster for placing trades while commuting.

Tickmill is known for its ultra-low latency execution with no requotes, thanks to its liquidity aggregator. EasyMarkets also offers no requotes and uses a market execution model, but its fixed spreads mean less price improvement during volatile news. For scalpers or high-frequency traders in the Philippines, Tickmill’s execution speed is superior. Both brokers guarantee no slippage on certain order types, but Tickmill’s raw spreads and ECN-like setup give it an edge.

EasyMarkets is regulated by CySEC (Cyprus), FSA (Seychelles), and ASIC (Australia), while Tickmill holds licenses from FCA (UK), CySEC, and FSA. Both accept Philippines clients but are not supervised by the SEC Philippines. This means traders do not have local investor compensation protection. However, Tickmill’s FCA regulation offers stronger client fund segregation and dispute resolution, which can be important for traders depositing larger amounts via GCash or bank transfer. Always verify the entity you open an account with, as offshore subsidiaries face different rules.

Funding your account in PHP is seamless with both brokers. EasyMarkets supports GCash, PayMaya, bank wire transfers, and USDT (Tether) with no deposit fees and instant processing for e-wallets. Tickmill also accepts GCash and PayMaya through its payment partners, plus bank transfers and USDT, though some bank deposits may incur a small handling fee (around PHP 50). Minimum deposits are low: PHP 1,000 for EasyMarkets and PHP 500 for Tickmill. Withdrawals are processed within 24 hours for e-wallets, while bank transfers take 2-5 business days. Both brokers offer fast, reliable local payment options for Filipino traders.

Muslim traders in the Philippines can open swap-free accounts at both EasyMarkets and Tickmill. EasyMarkets offers Islamic accounts on request with no swap fees on overnight positions indefinitely, subject to eligibility. Tickmill provides Islamic accounts on Standard and Raw accounts, but swap-free status is limited to 30 days on certain instruments like commodities and indices. For long-term position traders, EasyMarkets has a slight advantage due to its unlimited swap-free period. Both accounts maintain the same spreads and execution conditions as standard accounts.

Both brokers offer 24/5 customer support via live chat, email, and phone. EasyMarkets has a responsive live chat with Filipino-friendly hours, though no local language support. Tickmill’s support team is also available 24/5 and responds within minutes. Neither broker offers Tagalog support, but English is widely used. For urgent issues like withdrawal problems, Tickmill’s live chat tends to be faster.