HomeCompareFP Markets vs TickmillGeorgia
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Complete Head-to-Head Comparison · 2026

FP Markets vs Tickmill: Which Broker Is Better for Georgia Traders in 2026?

Which broker is better for Georgia traders in 2026? Expert analysis across 12 categories.

FP Markets logo
FP Markets
1 · Founded 2026
Open Account
VS
Tickmill logo
Tickmill
FCA · CySEC · FSCA · Founded 2014
Open Account
Winner: Tickmill
Categories: 12 compared
For: Georgia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Georgia Traders

Best Overall
Tickmill
Higher overall score & more features
Best Spreads
Tickmill
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Georgia Muslims
Best for Beginners
Tickmill
Better education & support
$100 vs $100
Min deposit
1:500 vs 1:1000
Max leverage
1 vs FCA
Top regulator
2.9 vs 3.3
Our scores
Table of Contents

Georgia's forex trading scene is growing, and retail traders are increasingly looking for reliable, low-cost brokers. FP Markets and Tickmill are two well-known international brokers that accept clients from Georgia and offer competitive trading conditions. FP Markets, with a strong score of 4.7/5, provides a wide range of trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader, along with multiple account types. Tickmill, scoring 4/5, is praised for its tight spreads and straightforward pricing. Both brokers support USD accounts and offer local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals convenient for Georgian traders. This comparison will help you decide which broker suits your trading style and local needs.

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Overall Scores Comparison

FP Markets
FP Markets
1
2.9
CompareBroker score
VS
Tickmill
Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.0
3.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.1
WIN
3.0
Regulation
Safety, oversight
3.2
3.6
WIN
Deposits
Local payments
3.0
3.4
WIN
Customer Support
24/5, chat, phone
2.7
3.1
WIN
Education
Webinars, guides
2.6
3.0
WIN
Execution
Speed, slippage
3.0
3.4
WIN
Mobile App
iOS, Android
2.9
3.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFP MarketsTickmillWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotTickmill
XAU/USD (Gold)$0.14 typical$0.12 typicalTickmill
GBP/USD avg spread0.29 pips0.23 pipsTickmill
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsTickmill
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$100Tie

When comparing trading costs for Georgia traders, both FP Markets and Tickmill offer competitive spreads. FP Markets' Raw account starts from 0.0 pips with a commission of $3 per lot per side, while Tickmill's Pro account also offers spreads from 0.0 pips with a $2 per lot per side commission. For traders executing high volumes, Tickmill may have a slight cost advantage. However, FP Markets provides more flexibility with its Standard account which has no commission but slightly wider spreads. Georgia traders should consider their trading frequency and average lot size when choosing between the two.

📂

Account Types Comparison

Account TypeFP MarketsTickmill
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$100$100
⚖️

Leverage Comparison - Georgia Traders

Entity / AssetFP MarketsTickmill
Georgia (offshore)Up to 1:500Up to 1:1000
Forex major pairs1:5001:1000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Georgia Traders
Traders in Georgia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassFP MarketsTickmillWinner
Forex pairs90+65+FP Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFP Markets
Crypto CFDs30+FP Markets
Stocks / Share CFDs1,000+Tickmill
ETFsTie
🖥️

Platforms Comparison

PlatformFP MarketsTickmill
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

FP Markets excels in platform variety, offering MetaTrader 4, MetaTrader 5, cTrader, and WebTrader, giving Georgia traders multiple options to suit different trading styles. Tickmill focuses on MetaTrader 4 and MetaTrader 5, which are industry standards and highly reliable. For Georgia traders who prefer advanced charting tools and algorithmic trading, FP Markets' cTrader is a strong advantage. Both brokers provide mobile apps for on-the-go trading, ensuring flexibility for traders in Tbilisi or other parts of Georgia.

Execution Quality - Speed & Slippage

FactorFP MarketsTickmillWinner
Execution modelECN/STPTrue ECNTickmill
Avg execution speed~30ms~40msFP Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Both brokers offer fast execution with no requotes. FP Markets uses Equinix NY4 data centers for its servers, ensuring low latency for traders worldwide. Tickmill also uses top-tier infrastructure with execution speeds under 50 milliseconds. For Georgia traders, both brokers provide reliable execution, but FP Markets' additional server locations may offer slightly better speeds for certain regions. Tickmill's execution is consistently praised for its stability.

🛡️

Regulation & Safety for Georgia Traders

Safety FactorFP MarketsTickmill
Primary regulatorASICFCA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), while Tickmill is regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). Georgia has its own local financial regulator, and both brokers operate internationally. For Georgia traders, this means they are protected by robust regulatory frameworks, though they should be aware that client funds are held in segregated accounts. Neither broker is directly licensed by the Georgian regulator, but both are reputable and follow strict compliance standards.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Georgia traders may differ by entity.
💳

Deposits & Withdrawals for Georgia

Payment MethodFP MarketsTickmill
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal time24 hoursMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.

Georgia traders can fund their accounts at both FP Markets and Tickmill using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank Transfer is ideal for larger deposits but may take 1-3 business days. Skrill and Neteller offer instant deposits and withdrawals with low fees, making them popular among Georgian traders. USDT TRC20 is a fast, low-cost option for crypto users, with transactions typically completed within minutes. FP Markets supports a wider range of cryptocurrencies for deposits, while Tickmill focuses on the most common methods. Withdrawals are processed efficiently at both brokers, with Skrill and Neteller being the fastest options for Georgian traders.

☪️

Islamic Accounts - Swap-Free for Georgia Muslims

Islamic Account FeatureFP MarketsTickmill
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both FP Markets and Tickmill offer Islamic (swap-free) accounts for Muslim traders in Georgia who require Sharia-compliant trading. These accounts do not charge or pay overnight interest on positions held beyond one day. FP Markets provides Islamic accounts on all account types, while Tickmill offers them on request. Georgia traders should note that Islamic accounts may have certain restrictions, such as no hedging or scalping in some cases, so it's advisable to check the terms with each broker before opening an account.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureFP MarketsTickmillWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesFP Markets

FP Markets offers 24/5 customer support via live chat, email, and phone, with multilingual support including English. Tickmill also provides 24/5 support via live chat, email, and phone, with a helpful FAQ section. For Georgia traders, both brokers respond promptly in English, but FP Markets has a slightly larger support team, which may result in faster response times during peak hours.

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Mobile App Comparison

Mobile FeatureFP MarketsTickmillWinner
iOS App Store rating4.5 stars4.3 starsFP Markets
Google Play rating4.3 stars4.2 starsFP Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileFP Markets
📚

Education & Research Tools

ResourceFP MarketsTickmillWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicFP Markets

Real User Reviews - Trustpilot

T
FP Markets
★★★★★
10.1K
10,100 verified reviews
View on Trustpilot
T
Tickmill
★★★★★
1.1K
1,080 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FP Markets

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support

Tickmill

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Georgia Guide

Choose FP Markets if you...

  • Want access to multiple trading platforms including cTrader and MetaTrader 5.
  • Prefer a broker with a higher overall rating and more account types.
  • Need to deposit using USDT TRC20 or other cryptocurrencies.
  • Value a larger selection of educational resources and market analysis.

Choose Tickmill if you...

  • Focus on tight spreads and low commissions for high-volume trading.
  • Prefer a simple, straightforward account structure with no hidden fees.
  • Want a broker with strong FCA regulation for added security.
  • Are a scalper or day trader who benefits from ultra-fast execution.

FAQ - FP Markets vs Tickmill in Georgia

Is FP Markets or Tickmill better for Georgia? +
Can Georgia traders use both brokers legally? +
Which broker has lower spreads for Georgia traders? +
How do Georgia traders deposit at FP Markets and Tickmill? +
Do both brokers offer Islamic accounts for Georgia? +

Final Verdict - Georgia 2026

Tickmill wins overall

For Georgia retail traders, FP Markets edges out Tickmill with its higher overall score (4.7 vs 4.0), wider platform selection, and more flexible deposit options including USDT TRC20 and Bank Transfer. Both brokers support local payment methods like Skrill and Neteller, and are regulated internationally. However, FP Markets' additional account types and educational resources make it a better fit for traders who want more control and variety. Tickmill remains an excellent choice for cost-conscious traders who prioritize tight spreads and simple pricing. Ultimately, your choice should depend on your trading style and whether you value platform diversity or raw cost efficiency. Both brokers are reliable and well-suited for Georgia traders in 2026.

Open FP MarketsOpen Tickmill
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
Find Your Best Broker
Compare all brokers for Georgia traders based on your trading style.
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Score Summary
FP Markets 2.9/5
Tickmill Winner3.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.