Which broker is better for Uzbekistan traders in 2026? Expert analysis across 12 categories.
Uzbekistan’s forex market is growing, with retail traders in Tashkent, Samarkand, and beyond seeking reliable brokers that support local payment methods and USD accounts. Two popular choices are EasyMarkets and Tickmill. EasyMarkets (overall score 3.4/5) has been operating since 2001 and is known for its user-friendly proprietary platform, fixed spreads, and risk management tools like deal cancellation. Tickmill (score 4/5) launched in 2014 and appeals to active traders with its ECN/STP model, raw spreads from 0.0 pips, and fast execution. Both brokers accept Uzbekistan clients under international regulation (CySEC, FCA, Seychelles FSA) and support essential local deposit methods: Bank Transfer, Skrill, Neteller, and USDT TRC20. This guide compares them across key factors—costs, platforms, regulation, and account features—to help you decide which fits your trading style best.
| 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 Uzbekistan traders, trading costs directly impact profitability, especially on high-volume strategies. EasyMarkets uses a fixed spread model (e.g., EUR/USD from 1.0 pips) with no commission, making costs predictable. Tickmill’s Raw Spread account offers spreads from 0.0 pips plus a $3 per side commission (0.003% per lot). On a standard lot trade, Tickmill’s total cost is roughly $6 round-turn, while EasyMarkets charges about $10. If you trade 10 lots per month, Tickmill saves you around $40. Tickmill also has a Classic account with spreads from 1.6 pips and no commission, but the Raw account is more cost-effective for frequent traders. Variable spreads can widen during news events, but overall Tickmill provides lower costs for Uzbekistan traders who monitor volume impact.
| 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 |
| Entity / Asset | EasyMarkets | Tickmill |
|---|---|---|
| Uzbekistan (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 |
| 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 |
| Platform | EasyMarkets | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets offers its own web-based platform and MetaTrader 4 (MT4) for desktop and mobile. The proprietary platform features a simple interface with built-in tools like deal cancellation, guaranteed stop loss, and free VPS, which can benefit beginner Uzbekistan traders. Tickmill provides MT4, MT5, and a web trader. MT5 is advantageous for advanced charting, backtesting, and trading CFDs on indices and commodities. Both platforms are available in English and Russian, which is important for Uzbekistan traders. Tickmill’s platforms support expert advisors (EAs) and algorithmic trading, making it better for semi-automated strategies. EasyMarkets’ platform is more intuitive for those new to forex but lacks the depth of MT5.
| 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 |
EasyMarkets uses a market maker model (dealing desk), which means it may re-quote prices during volatile times. Execution is typically instant for market orders but can suffer from slippage. Tickmill uses NDD/STP execution, routing orders directly to liquidity providers, resulting in faster fills and less requotes. Tickmill’s average execution speed is under 0.3 seconds, beneficial for scalpers and news traders in Uzbekistan. EasyMarkets offers guaranteed stop-loss orders at a small premium, which can be useful for protecting positions.
| Safety Factor | EasyMarkets | Tickmill |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and FSA (Seychelles). Tickmill is regulated by FCA (UK), CySEC, and FSA (Seychelles). Neither broker is directly overseen by Uzbekistan’s local financial regulator, but both comply with international standards that include client fund segregation and negative balance protection. For Uzbekistan traders, this means your funds are kept in separate accounts, but you may not be eligible for compensation schemes like FSCS (UK) unless you open an account under the FCA entity. Tickmill’s FCA regulation offers stronger investor protection. Always verify which entity you register with—recommend choosing the FCA-regulated one if possible for maximum safety.
| 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. |
Uzbekistan traders can fund accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. EasyMarkets supports USDT TRC20 via its CoinFlex integration, allowing instant deposits with zero broker fees. Tickmill also accepts USDT TRC20 as well as other cryptocurrencies for deposit. Bank Transfer may involve intermediary bank fees; using USDT TRC20 or e-wallets is faster and cheaper. Minimum deposits: EasyMarkets $25 (all methods), Tickmill $25 for Classic account, $100 for Raw account. Withdrawals: Both process within 24 hours for e-wallets and USDT; bank transfers take 2-5 business days. EasyMarkets does not charge withdrawal fees, while Tickmill may charge a small fee for bank wire withdrawals. Always check current policies on the broker’s website.
| 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 Uzbekistan traders who require compliance with Sharia law. EasyMarkets provides swap-free status on all account types with no expiry or additional costs, making it a straightforward option for long-term traders. Tickmill offers Islamic accounts upon request, available on Classic and Raw accounts, but positions held beyond a certain period (e.g., 10 days) may incur an administration fee. The exact conditions vary and should be confirmed with support. For Uzbekistan traders who hold trades for weeks, EasyMarkets’ Islamic account is more favorable due to its lack of time restrictions and extra charges.
| 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 |
EasyMarkets provides 24/5 customer support via live chat, email, and phone, with English and Russian language options. Tickmill offers 24/7 support (weekdays) and a dedicated account manager for VIP clients. Both respond quickly, but Tickmill’s multilingual support includes Russian and can handle queries in local time zones. For Uzbekistan traders, Tickmill’s 24/7 availability is an advantage during after-hours sessions. EasyMarkets also has a comprehensive FAQ and educational section in Russian.
| 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 |
| Resource | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Tickmill if you...
For most Uzbekistan traders, Tickmill is the stronger choice due to its lower trading costs, faster execution, and higher overall score (4/5). Its raw spread account significantly reduces expenses for frequent traders, and the FCA regulation adds trust. However, EasyMarkets (3.4/5) remains a solid option for beginners or those who want a straightforward platform with fixed costs and risk management features like deal cancellation and guaranteed stop-loss. Both brokers support essential local payment methods (Bank Transfer, Skrill, Neteller, USDT TRC20) and are accessible to Uzbekistan residents. If you are a retail trader in Tashkent looking to minimize costs and maximize execution speed, Tickmill is recommended. If simplicity and predictable trading appeal to you, EasyMarkets is a good alternative. Always consider your trading style, account size, and need for Sharia-compliant accounts before deciding.