FXTM vs Tickmill 2026: Complete Comparison for Sweden Traders
Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Sweden Traders
Sweden traders looking for a reliable forex broker in 2026 often compare FXTM and Tickmill. Both brokers are well-known globally and accept Swedish clients, offering access to forex, indices, commodities, and cryptocurrencies. FXTM holds a score of 4.3/5, slightly ahead of Tickmill's 4/5, reflecting its broader product range and stronger educational support. For Sweden's retail traders, both platforms support local deposit methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making funding easy. While neither broker is regulated by the Swedish local financial regulator (Finansinspektionen), they operate under reputable international licenses. This comparison will help you decide which broker suits your trading style, budget, and goals in the Swedish market.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FXTM | 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 | $200 | $100 | Tickmill |
When comparing trading costs for Sweden traders, Tickmill often has an edge with its Raw account offering spreads from 0.0 pips and a commission of $3 per lot per side. FXTM's standard account spreads start at 1.3 pips, but it also offers a Zero account with spreads from 0.0 pips and a commission of $6 per lot. For Sweden traders executing high volumes, Tickmill's lower commission can result in significant savings. However, FXTM's cost structure is more transparent for beginners. Spreads on popular pairs like EUR/SEK and USD/SEK are competitive at both brokers. Always check live spreads during your trading session.
Account Types Comparison
| Account Type | FXTM | Tickmill |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
Leverage Comparison - Sweden Traders
| Entity / Asset | FXTM | Tickmill |
|---|---|---|
| Sweden (offshore) | Up to 1:3000 | Up to 1:1000 |
| Forex major pairs | 1:3000 | 1:1000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | FXTM | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | ✗ | FXTM |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | FXTM | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both FXTM and Tickmill offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the preferred platforms for Sweden traders. FXTM also provides its proprietary FXTM Trader app for mobile trading, which is user-friendly for beginners. Tickmill focuses solely on MT4 and MT5, offering advanced charting and automated trading via Expert Advisors (EAs). For Sweden traders who value algorithmic trading, both brokers support VPS hosting. FXTM's platform selection is slightly broader, but Tickmill's execution is optimized for speed. Demo accounts are available at both brokers for practice.
Execution Quality - Speed & Slippage
| Factor | FXTM | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Both FXTM and Tickmill offer fast execution with no requotes on most accounts. Tickmill uses Straight Through Processing (STP) with low latency, making it suitable for scalpers and high-frequency traders. FXTM also offers STP execution on its standard accounts and ECN execution on its Zero accounts. For Sweden traders focused on speed, Tickmill's execution is slightly better, with average execution times under 40ms. Both brokers offer negative balance protection.
Regulation & Safety for Sweden Traders
| Safety Factor | FXTM | Tickmill |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM is regulated by the FCA (UK), CySEC (Cyprus), and FSC (Mauritius), while Tickmill is regulated by the FCA, CySEC, and FSA (Seychelles). Neither broker is directly regulated by the Swedish local financial regulator (Finansinspektionen), meaning Sweden traders do not benefit from Swedish investor compensation schemes. However, EU clients (including Sweden traders) are covered by CySEC's Investor Compensation Fund (ICF) up to €20,000 when trading under the CySEC entity. Always verify which entity you are trading with to understand your protection level. Both brokers segregate client funds as required by regulators.
Deposits & Withdrawals for Sweden
| Payment Method | FXTM | Tickmill |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Sweden traders can fund their accounts at both FXTM and Tickmill using Bank Transfer, Skrill, Neteller, and USDT TRC20. FXTM supports instant deposits via Skrill and Neteller with zero fees, while bank transfers may take 1-3 business days and may incur intermediary charges. Tickmill offers similar conditions, with e-wallet deposits processed instantly. USDT TRC20 deposits are available for crypto users at both brokers, with typical processing times of 10-30 minutes. Withdrawals are processed within 24 hours for e-wallets and 2-5 business days for bank transfers. FXTM charges no withdrawal fees for most methods, while Tickmill may charge a small fee for bank transfers. Both brokers require verification before processing withdrawals.
Islamic Accounts - Swap-Free for Sweden Muslims
| Islamic Account Feature | FXTM | Tickmill |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FXTM and Tickmill offer Islamic (swap-free) accounts for Sweden's Muslim traders who wish to trade in accordance with Sharia law. FXTM provides swap-free accounts on all account types without additional fees for holding positions overnight. Tickmill also offers Islamic accounts upon request, with similar conditions. Sweden traders should note that swap-free accounts may have limited instrument availability and may incur administrative fees after a certain holding period. Both brokers require proof of Muslim faith or a declaration. It's advisable to confirm current terms with customer support before opening an Islamic account.
Customer Support Comparison
| Support Feature | FXTM | Tickmill | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 customer support in multiple languages, including Swedish, via live chat, email, and phone. Tickmill provides 24/5 support in English and several European languages, but Swedish language support may be limited. For Sweden traders, FXTM's local language support is a clear advantage. Both brokers have responsive live chat and email support, with typical response times under 5 minutes. Tickmill's support is professional but may require English communication.
Mobile App Comparison
| Mobile Feature | FXTM | Tickmill | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | FXTM | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FXTM |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FXTM
Tickmill
Who Should Use Which Broker? - Sweden Guide
Choose FXTM if you...
- Are a beginner retail trader looking for educational resources and a user-friendly mobile app.
- Prefer Swedish language customer support for easier communication.
- Want a wide range of account types including swap-free and zero spread accounts.
- Value a broker with a higher overall rating (4.3/5) and strong brand reputation.
Choose Tickmill if you...
- Are a scalper or high-volume trader seeking the lowest spreads and commissions.
- Need ultra-fast execution for automated trading strategies using EAs.
- Prefer a simpler platform selection focused on MT4 and MT5.
- Want competitive raw spreads starting from 0.0 pips with low commissions.
FAQ - FXTM vs Tickmill in Sweden
Final Verdict - Sweden 2026
For Sweden traders in 2026, both FXTM and Tickmill are solid choices, but the best option depends on your trading style. FXTM (4.3/5) is ideal for beginners and those who value educational resources, Swedish support, and a variety of account types. Tickmill (4/5) excels for cost-conscious scalpers and algorithmic traders with its ultra-low spreads and fast execution. Both brokers accept local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits convenient for Swedish users. While neither is regulated by the Swedish local financial regulator (Finansinspektionen), they hold reputable international licenses. If you prioritize low costs, choose Tickmill; if you want a more comprehensive trading experience, go with FXTM.