Exness vs Tickmill for Cyprus Traders (2026)
Which broker is better for Cyprus traders in 2026? Expert analysis across 12 categories.
Cyprus traders looking for a reliable forex broker often compare Exness and Tickmill, two well-known names regulated by the Cyprus Securities and Exchange Commission (CySEC). Exness, with a score of 4.8/5, stands out for its ultra-low spreads, flexible leverage up to 1:2000, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Tickmill, scoring 4/5, is praised for its raw spread pricing and low commission structure, making it a favorite among cost-conscious traders. Both brokers offer MT4 and MT5 platforms, negative balance protection, and segregated client accounts, ensuring a safe trading environment. In this comparison, we break down spreads, platforms, regulation, deposit options, and Islamic accounts specifically for Cyprus traders to help you choose the best broker for your needs in 2026.
| Instrument | Exness | 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 | $10 | $100 | Exness |
| Inactivity fee | ✓ | ✓ | Tie |
For Cyprus traders, trading costs are a critical factor. Exness offers spreads from 0.0 pips on its Zero account with a commission of $3.50 per lot per side, while the Standard account has spreads from 0.3 pips with no commission. Tickmill's Raw account starts from 0.0 pips with a lower commission of $2 per lot per side, and its Standard account has spreads from 1.6 pips with no commission. For high-volume traders, Tickmill's lower commission can lead to significant savings, while Exness's Standard account is more affordable for smaller retail traders. Both brokers are competitive, but Exness edges ahead with tighter spreads on its Standard account.
| Account Type | Exness | Tickmill |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| VPS trading | ✓ | ✓ |
| Min deposit | $10 | $100 |
| Neg. balance protection | ✓ | ✓ |
| Entity / Asset | Exness | Tickmill |
|---|---|---|
| Cyprus (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Margin call level | 80% | 80% |
| Stop out level | 50% | 50% |
| Asset Class | Exness | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | ✗ | Exness |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
| Options | ✗ | ✗ | Tie |
| Futures | ✗ | ✗ | Tie |
| Platform | Exness | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
| Fixed spreads | ✗ | ✗ |
| Variable spreads | ✓ | ✓ |
Cyprus traders can access both brokers through MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used for forex and CFD trading. Exness also offers its proprietary web trader platform, providing a modern interface with advanced charting tools. Tickmill focuses on MT4 and MT5, ensuring seamless compatibility with Expert Advisors (EAs) and custom indicators. For Cyprus traders who rely on automated trading or mobile trading, both brokers deliver reliable execution and fast order processing. Exness's additional platform options give it a slight edge for traders seeking flexibility.
| Factor | Exness | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Dealing desk | ✗ | ✗ | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| News trading | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Exness offers instant execution with low latency, supported by its advanced infrastructure and multiple data centers. Tickmill provides fast execution with no requotes on most account types, using a No Dealing Desk (NDD) model. Both brokers maintain high order execution rates, with Exness reporting 99.9% execution without requotes. For Cyprus traders, especially scalpers and day traders, both brokers deliver reliable performance.
| Safety Factor | Exness | Tickmill |
|---|---|---|
| Primary regulator | FCA | FCA |
| Reg number | #730729 | #717270 |
| Verify registration | Verify ↗ | Verify ↗ |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Exness and Tickmill are regulated by the Cyprus Securities and Exchange Commission (CySEC), the local financial regulator in Cyprus. This means Cyprus traders benefit from strict EU MiFID II compliance, including client fund segregation, negative balance protection, and access to the Investor Compensation Fund (ICF) for coverage up to €20,000. Exness is also regulated by the FCA and FSCA, while Tickmill holds licenses from the FCA and FSA. This multi-regulatory oversight provides Cyprus traders with a high level of security and trust.
| Payment Method | Exness | Tickmill |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Deposit fee | None | None |
| Withdrawal time | 24/7 automated; 98% instant to 24hrs; mobile money often instant; bank transfer 1-3 days | Most withdrawals 1 business day; bank wire 1-3 days |
| Min withdrawal | $50 | $50 |
Cyprus traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both Exness and Tickmill. Exness supports deposits as low as $10 with instant processing and zero fees, making it ideal for retail traders. Tickmill requires a minimum deposit of $100 but also offers instant deposits via e-wallets and crypto. Withdrawals at both brokers are fast, with Exness processing within 24 hours and Tickmill within 1 business day. USDT TRC20 deposits are particularly useful for crypto-friendly Cyprus traders, offering low fees and quick settlement. Both brokers support local bank transfers in EUR and USD, adding convenience for Cyprus-based users.
| Islamic Account Feature | Exness | Tickmill |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| Gold swap-free | ✓ | ✓ |
| Crypto swap-free | ✓ | — |
| How to apply | Contact support | Contact support |
Both Exness and Tickmill offer Islamic (swap-free) accounts for Muslim traders in Cyprus who require Sharia-compliant trading. Exness provides swap-free accounts on all account types without any expiry or additional fees, making it a seamless option. Tickmill also offers Islamic accounts, but they may charge a small administrative fee if positions are held beyond a certain period (usually 7-10 days). For Cyprus Muslim traders, Exness's no-fee policy is more attractive, while Tickmill's option remains viable for shorter-term trading.
| Support Feature | Exness | Tickmill | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| 24/5 support | ✓ | ✓ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Exness offers 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Cyprus traders. Tickmill also provides 24/5 support in multiple languages, including Greek, with live chat and email. Both brokers have extensive FAQ sections and educational resources. Exness's round-the-clock support gives it an advantage for traders who need assistance outside standard hours.
| Mobile Feature | Exness | Tickmill | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5★ | 4.3★ | Exness |
| Google Play rating | 4.3★ | 4.2★ | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| Mobile deposit/withdrawal | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Dark mode | ✓ | ✓ | Tie |
| Resource | Exness | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Exness |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Exness |
| Beginner resources | Excellent | Basic | Exness |
Choose Exness if you...
- Want ultra-low spreads from 0.0 pips with flexible leverage up to 1:2000
- Prefer low minimum deposit ($10) for starting small
- Need 24/7 customer support in multiple languages
- Use local payment methods like Skrill, Neteller, or USDT TRC20 for instant deposits
Choose Tickmill if you...
For Cyprus traders, Exness (4.8/5) is the superior choice overall due to its ultra-low spreads, flexible leverage, low minimum deposit, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. It also offers 24/7 support and swap-free Islamic accounts with no fees. Tickmill (4/5) is a strong alternative for cost-conscious traders who prioritize raw spread pricing and lower commissions, especially for high-volume trading. Both brokers are regulated by CySEC, ensuring safety and compliance. Ultimately, Exness is better for most retail traders in Cyprus, while Tickmill appeals to those focused on minimizing trading costs.