Exness vs Tickmill: Which Forex Broker is Best for Philippines Traders in 2026?
Which broker is better for Philippines traders in 2026? Expert analysis across 12 categories.
For Philippines traders looking for a reliable forex broker in 2026, Exness and Tickmill are two of the most popular choices, but they cater to different needs. Exness, with a score of 4.8/5, is ideal for mobile-first traders and OFW remittance investors who need low minimum deposits and instant local payment support via GCash, PayMaya, and Bank Transfer. Tickmill, scoring 4/5, is a solid alternative for traders who prefer a more traditional broker with competitive spreads and a strong regulatory framework. Both brokers accept Philippine clients and offer USDT deposits, but Exness stands out for its accessibility and user-friendly mobile app. This comparison focuses on key factors for Philippines traders: trading costs, platforms, regulation, deposit methods, and Islamic accounts, helping you decide which broker fits your trading style and budget.
| 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 |
When comparing trading costs for Philippines traders, Exness offers lower spreads on its Zero account (0.0 pips from $3.5/lot round turn) compared to Tickmill's Raw account (0.0 pips from $4/lot). For high-volume traders, this difference can save hundreds of dollars annually. Exness also provides a Standard account with spreads from 0.3 pips and no commission, ideal for small-balance traders. Tickmill's Standard account has spreads from 1.6 pips, making it more expensive for frequent trades. Overall, Exness is more cost-effective for Philippines traders, especially those trading major pairs like USD/JPY and GBP/USD.
| 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 |
|---|---|---|
| Philippines (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 | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among Philippines traders for their mobile apps and advanced charting tools. Exness also provides its own WebTerminal and a user-friendly mobile app with one-click trading, making it ideal for mobile-first traders in the Philippines. Tickmill offers the same platforms but lacks a proprietary mobile app. For OFW remittance investors who trade on the go, Exness’s mobile app is more intuitive and faster to execute trades.
| 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 uses a hybrid execution model with an average execution speed of 0.1 seconds, while Tickmill uses a straight-through processing (STP) model with an average speed of 0.2 seconds. For scalpers and day traders in the Philippines, Exness’s faster execution reduces slippage and improves trade accuracy. Both brokers offer no requotes, but Exness’s lower latency is better for volatile market conditions.
| 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 | ✓ | ✓ |
Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), while Tickmill is regulated by the FCA, CySEC, and FSA (Labuan). Neither broker is directly regulated by the SEC Philippines, but both accept Philippine clients and comply with international standards. Exness’s multiple-tier regulation provides stronger client fund protection, including negative balance protection and segregated accounts. For Philippines traders, this means a higher level of security, especially for those depositing via GCash or PayMaya.
| 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 |
Depositing and withdrawing funds is crucial for Philippines traders, and Exness excels with support for GCash, PayMaya, Bank Transfer, and USDT (TRC20/ERC20). Minimum deposit is just $10 (approx. 550 PHP), and most methods are instant with no fees. Tickmill supports Bank Transfer and USDT, but not GCash or PayMaya, and requires a minimum deposit of $100 (approx. 5,500 PHP). For OFW remittance investors who frequently send small amounts, Exness is more convenient. Withdrawals are also faster at Exness, typically processed within 24 hours, while Tickmill may take 1-3 business days for bank transfers.
| 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 the Philippines, in compliance with Sharia law. Exness provides swap-free accounts on all account types (Standard, Zero, Raw) with no additional fees or expiry, making it ideal for long-term traders. Tickmill offers Islamic accounts on request, typically on Standard and Raw accounts, but may require a minimum deposit of $200. For Muslim traders in Mindanao, Exness is more accessible due to lower minimum deposits and no extra conditions.
| 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 Asia-Pacific clients. Tickmill provides support during business hours (Monday to Friday) via live chat and email, with slower response times for Philippines traders. Exness’s round-the-clock support is a major advantage for OFW traders who operate in different time zones.
| 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...
- Are a mobile-first trader who needs a fast, intuitive app for trading on the go
- Are an OFW remittance investor with small deposits (minimum $10) via GCash or PayMaya
- Want the lowest spreads and commissions for high-volume trading
- Prefer 24/7 customer support and instant withdrawals
Choose Tickmill if you...
- Prefer a more traditional broker with a strong FCA regulation
- Have a larger trading capital (minimum $100) and use bank transfers or USDT
- Are a scalper who needs competitive spreads on major pairs
- Want a straightforward account structure without extra features
For Philippines traders in 2026, Exness is the clear winner due to its higher trust score (4.8/5), lower minimum deposit, and superior local payment support via GCash, PayMaya, Bank Transfer, and USDT. It is ideal for mobile-first traders and OFW remittance investors who need instant deposits and withdrawals. Tickmill is a reliable alternative for traders with larger capital who prefer a traditional broker with strong regulation. However, for most Philippines traders, Exness offers better value, lower costs, and greater convenience. Always verify broker status with SEC Philippines and trade responsibly.