Which broker is better for Nepal traders in 2026? Expert analysis across 12 categories.
For Nepal traders in 2026, choosing between Exness and Tickmill is a critical decision, especially for those managing remittance funds or trading part-time. Exness, with a stellar 4.8/5 trust score, stands out for its low minimum deposit of just $10 and seamless integration with local payment methods like eSewa and Khalti. Tickmill, rated 4/5, appeals to cost-conscious traders with its razor-thin spreads starting from 0.0 pips on the Pro account, though its $100 minimum deposit is higher. Both brokers are unregulated by SEBON but hold licenses from top-tier authorities like the FCA and CySEC, offering a safe environment for Nepali traders. This comparison dives into spreads, deposit options, regulation, and account features tailored to Nepalβs unique trading landscape, helping you decide which broker fits your remittance-focused strategy.
| 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 | β | β | Tie |
For Nepal traders, trading costs can significantly impact returns, especially when dealing with smaller remittance-funded accounts. Exness offers a Standard account with spreads from 0.3 pips and zero commission, ideal for low-volume traders. Its Raw Spread account starts from 0.0 pips but charges a $3.5 commission per lot. Tickmillβs Pro account features spreads from 0.0 pips with a $2 commission per side per lot, making it cheaper for high-volume scalpers. On a $1,000 account trading 10 lots per month, Tickmill saves about $15 in costs compared to Exness. However, Exnessβs no-commission Standard account is better for beginners or those trading less than 5 lots monthly.
| Account Type | Exness | Tickmill |
|---|---|---|
| Standard account | β | β |
| ECN / Raw spread | β | β |
| Islamic (swap-free) | β | β |
| Demo account | β | β |
| PAMM / MAM account | β | β |
| Zero spread account | β | β |
| Copy trading | β | β |
| VPS trading | β | β |
| Min deposit | $10 | $100 |
| Neg. balance protection | β | β |
| Entity / Asset | Exness | Tickmill |
|---|---|---|
| Nepal (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) | β | β | Tie |
| Oil (WTI/Brent) | β | β | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | β | Exness |
| Stocks / Share CFDs | β | β | Tickmill |
| ETFs | β | β | Tie |
| Options | β | β | Tie |
| Futures | β | β | Tie |
| Platform | Exness | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | β | β |
| MetaTrader 5 (MT5) | β | β |
| cTrader | β | β |
| TradingView | β | β |
| Expert Advisors (EAs) | β | β |
| Scalping allowed | β | β |
| Hedging allowed | β | β |
| Fixed spreads | β | β |
| Variable spreads | β | β |
Both Exness and Tickmill offer the industry-standard MetaTrader 4 and MetaTrader 5 platforms, which are popular among Nepal traders for their reliability and customizable features. Exness also provides its own WebTerminal and mobile app with one-click trading and advanced charting, ideal for traders on the go. Tickmill focuses on MT4/MT5 with no proprietary platform, but its execution is optimized for low latency. For Nepal traders using older devices or limited internet, both platforms work well, though Exnessβs additional tools like sentiment indicators give it an edge.
| 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 | β | β | Tie |
| Scalping allowed | β | β | Tie |
| News trading | β | β | Tie |
| EA / Bot trading | β | β | Tie |
Exness offers fast execution with an average speed of 0.1 seconds and no requotes, ideal for day traders in Nepal. Tickmill boasts even faster execution at under 0.05 seconds on its Pro account, with deep liquidity from multiple banks. For Nepal traders using VPS or stable internet, both brokers deliver excellent performance. Tickmillβs slight edge in speed benefits scalpers, while Exnessβs execution is reliable for most strategies.
| Safety Factor | Exness | Tickmill |
|---|---|---|
| Primary regulator | FCA | FCA |
| Reg number | #730729 | #717270 |
| Verify registration | Verify β | Verify β |
| Top-tier regulated | β | β |
| Investor protection | β | β |
| Segregated funds | β | β |
| Neg. balance protection | β | β |
Neither Exness nor Tickmill is regulated by SEBON, Nepalβs local regulator, but both hold strong international licenses. Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), offering client fund segregation and negative balance protection. Tickmill is regulated by the FCA, CySEC, and FSA (Labuan), ensuring similar safeguards. For Nepal traders, this means your funds are protected by top-tier authorities, but you must comply with local tax laws. Both brokers are considered safe, with Exnessβs higher trust score reflecting its longer track record and larger client base.
| Payment Method | Exness | Tickmill |
|---|---|---|
| Bank Wire Transfer | β | β |
| Visa / Mastercard | β | β |
| Skrill | β | β |
| Neteller | β | β |
| USDT / Crypto | β | β |
| 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 |
Depositing and withdrawing funds is seamless for Nepal traders at Exness, which supports eSewa, Khalti, and Bank Transfer with zero fees and instant processing. You can start trading with as little as $10 via eSewa. Tickmill, however, only accepts Bank Transfer and credit/debit cards, with a $100 minimum deposit. For withdrawals, Exness processes requests within 24 hours to eSewa and Khalti, while Tickmillβs bank transfers may take 2-5 business days. For Nepal traders relying on local wallets, Exness is clearly the more convenient option. Both brokers do not charge deposit fees, but bank transfer fees may apply.
| Islamic Account Feature | Exness | Tickmill |
|---|---|---|
| Swap-free available | β | β |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | β | β |
| Gold swap-free | β | β |
| Crypto swap-free | β | β |
| How to apply | Contact support | Contact support |
Both Exness and Tickmill offer Islamic (swap-free) accounts for Muslim traders in Nepal, in compliance with Sharia law that prohibits interest. Exness provides swap-free accounts on all its account types, including Standard and Raw Spread, with no additional fees. Tickmill offers Islamic accounts on Standard and Pro accounts, but requires a request via support. For Nepalβs Muslim traders, Exness is more accessible as it offers swap-free accounts instantly without paperwork. Both brokers ensure no overnight interest charges, making them suitable for long-term positions.
| Support Feature | Exness | Tickmill | Winner |
|---|---|---|---|
| Live chat | β | β | Tie |
| Phone support | β | β | Tie |
| Email support | β | β | Tie |
| 24/7 support | β | β | Exness |
| 24/5 support | β | β | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Exness provides 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Asian clients including Nepal. Tickmill offers 24/5 support via live chat and email, with response times under 5 minutes. For Nepal traders in the GMT+5:45 timezone, Exnessβs 24/7 availability is more convenient, especially for weekend queries. Both brokers have extensive FAQ sections in English, but Exnessβs support is slightly more responsive.
| Mobile Feature | Exness | Tickmill | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5β | 4.3β | Exness |
| Google Play rating | 4.3β | 4.2β | Exness |
| Biometric login | β | β | Tie |
| Push notifications | β | β | Tie |
| Full charting on mobile | β | β | Tie |
| Mobile deposit/withdrawal | β | β | Tie |
| TradingView mobile | β | β | Tie |
| Dark mode | β | β | Tie |
| Resource | Exness | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Exness |
| Webinars (live) | β | β | Tie |
| Economic calendar | β | β | Tie |
| Market analysis | Daily | Basic | Exness |
| Beginner resources | Excellent | Basic | Exness |
Choose Exness if you...
Choose Tickmill if you...
For Nepal traders, especially those using remittance funds, Exness is the superior choice due to its lower entry barrier, support for eSewa and Khalti, and higher trust score of 4.8/5. It offers flexibility for both beginners and experienced traders with zero-commission accounts and Islamic options. Tickmill is a worthy alternative for cost-focused traders who can meet the $100 minimum deposit and prefer raw spreads. While neither broker is regulated by SEBON, their strong international licenses ensure safety. Ultimately, Exness wins for accessibility and convenience in Nepal, while Tickmill excels for pure cost efficiency on larger accounts.