Exness vs Tickmill (2026): In-Depth Comparison for Singapore Traders
Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
Singapore is one of Asia’s most sophisticated forex trading hubs, and choosing the right broker matters more than ever in 2026. Exness and Tickmill are both MAS-regulated brokers with strong local appeal, but they cater to different trader profiles. Exness scores 4.8/5 and is known for its instant withdrawals, flexible leverage up to 1:2000, and deep liquidity for high-volume traders. Tickmill, with a 4/5 rating, focuses on low-cost ECN trading with razor-thin spreads and a transparent commission model. Both accept SGD deposits via PayNow, bank transfer, and credit card, making them accessible to Singaporean traders. This comparison dives into trading costs, platforms, regulation, and local payment methods to help you decide which broker aligns with your trading style in Singapore’s fast-paced financial environment.
| 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 Singapore traders, trading costs can make or break profitability. Exness offers raw spreads from 0.0 pips on its Zero account with a commission of $3.5 per lot per side, while Tickmill’s ECN account starts at 0.0 pips with a lower commission of $3 per lot per side. On a standard account, Exness has spreads from 0.3 pips with no commission, whereas Tickmill’s Classic account offers spreads from 1.6 pips. For a trader executing 50 lots per month, Tickmill saves roughly $50 in commissions compared to Exness. However, Exness provides unlimited leverage, which can amplify returns for experienced Singapore traders who manage risk carefully.
| 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 |
|---|---|---|
| Singapore (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), the industry standards for Singapore traders. Exness also provides its proprietary Exness Terminal for web-based trading and a mobile app with advanced features like one-click trading and depth of market. Tickmill sticks to MT4/MT5 but enhances the experience with free VPS hosting for high-frequency traders and custom indicators. For Singapore traders who value flexibility across devices, Exness has a slight edge with its web terminal and mobile app, while Tickmill suits those who prefer pure MT4/MT5 with low-latency execution.
| 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 boasts an average execution speed of under 30 milliseconds with 99.9% order fill rates, thanks to its deep liquidity pool and multiple data centers. Tickmill also offers fast execution (under 40 milliseconds) with a focus on ECN pricing and no requotes. For Singapore traders who scalp or trade during high-impact news events, Exness’s slightly faster execution and lower slippage provide a small advantage, while Tickmill’s consistent ECN execution suits algorithmic traders.
| 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 | ✓ | ✓ |
Regulation is critical for Singapore traders, and both brokers are licensed by the Monetary Authority of Singapore (MAS). Exness (SG) Pte Ltd holds a Capital Markets Services (CMS) license, while Tickmill Asia Ltd is also MAS-regulated. This means both adhere to strict client fund segregation, negative balance protection, and regular audits. For Singapore traders, this provides peace of mind that funds are safe and disputes can be handled locally. Exness additionally holds licenses from the FCA and CySEC, while Tickmill is regulated by the FCA and FSA (Seychelles) for non-Singapore entities, but your local MAS entity is the one that matters.
| 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 |
Singapore traders have several convenient funding options with both brokers. Exness supports instant deposits via PayNow (SGD), local bank transfers (SGD), and credit/debit cards. Withdrawals are processed instantly via PayNow, making it ideal for active traders. Tickmill also accepts PayNow, bank transfers, and credit cards, but bank transfer withdrawals take 1-2 business days. Credit card deposits are free at both brokers, but Exness charges a small fee for certain withdrawal methods. For high-volume traders, Exness’s instant withdrawal system is a standout feature, while Tickmill’s no-fee bank transfers appeal to those who prefer traditional banking. Both brokers allow deposits in SGD, avoiding conversion fees.
| 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 |
Muslim traders in Singapore seeking Sharia-compliant accounts will find both brokers accommodating. Exness offers swap-free Islamic accounts on all account types with no time limit or additional fees, making it a strong choice for long-term holding. Tickmill provides Islamic accounts upon request, but they may apply a small administrative fee after 30 days of holding a position. Both require a declaration of Muslim faith or supporting documentation. For Singapore traders who trade frequently and hold positions overnight, Exness’s unlimited swap-free policy is more attractive, while Tickmill’s fee after 30 days may suit shorter-term strategies.
| 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 |
Customer support is available 24/7 for both brokers, with English-speaking teams accessible via live chat, email, and phone. Exness offers dedicated support for Singapore traders through a local phone line and WhatsApp, while Tickmill provides 24/5 support with slightly slower response times on weekends. For urgent issues like withdrawal delays, Exness’s instant response via live chat is faster. Both brokers have comprehensive FAQ sections on their websites tailored to Singapore clients.
| 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...
- Trade high volumes and need instant withdrawals via PayNow
- Want flexible leverage up to 1:2000 for capital efficiency
- Prefer a broker with a higher overall rating (4.8/5) and broader global recognition
- Need swap-free Islamic accounts with no time limits
Choose Tickmill if you...
For Singapore traders, both Exness and Tickmill are excellent MAS-regulated choices, but the best fit depends on your trading style. Exness wins on convenience with instant PayNow withdrawals, higher overall score (4.8/5), and unlimited leverage—ideal for active traders and those who value speed. Tickmill excels in raw spread costs and commission transparency, making it a top pick for cost-conscious scalpers. If you trade high volumes and need fast access to funds, Exness is superior. If you prioritize the lowest possible trading costs and use ECN accounts, Tickmill is the better option. Both support SGD deposits via PayNow, bank transfer, and credit card, so the final decision comes down to your specific trading needs.