Tickmill Vs Plus500 For Norway Traders (2026)

For Norway traders, trading costs are a critical factor. Tickmill's Pro account offers spreads from 0.0 pips with a $3 commission per lot per side, making it highly competitive for frequent traders. On a typical EUR/USD trade of 1 lot, Tickmill's cost is about $6 round-turn. Plus500 uses variable spreads, averaging 0.6 pips on EUR/USD with no commission, costing roughly $6 per lot as well, but spreads can widen during news events. For high-volume Norway traders, Tickmill's lower raw spreads save money over time, especially on larger positions.

Norway traders will find distinct platform experiences. Tickmill offers MetaTrader 4 and 5, which are powerful for technical analysis, automated trading, and custom indicators—preferred by experienced retail traders. Plus500 uses a proprietary web-based platform and mobile app, known for its simplicity and intuitive design, ideal for beginners. Both platforms are available in English and support Norwegian users, but Tickmill's MT4/MT5 gives more control over charting and trading strategies.

Execution quality is crucial for Norway traders. Tickmill uses STP (Straight Through Processing) with no dealing desk, offering average execution speeds of 0.10 seconds and no requotes. Plus500 uses a market maker model, which can lead to requotes during volatile periods. For scalpers or day traders in Norway, Tickmill's faster execution and lower slippage provide a clear advantage.

Regulation is vital for Norway traders. Tickmill is regulated by the FCA (UK) and CySEC (Cyprus), both recognized by the local financial regulator in Norway. Plus500 is regulated by the FCA, CySEC, and ASIC. Neither broker is directly supervised by the Norwegian regulator, but their licenses from top-tier authorities ensure client fund segregation and negative balance protection. Norway traders should verify the specific entity they use, as CySEC-regulated accounts may offer lower leverage limits under ESMA rules.

Both Tickmill and Plus500 support Norway traders with Bank Transfer, Skrill, Neteller, and USDT TRC20 deposits and withdrawals. Tickmill processes withdrawals within 24 hours for e-wallets and 1-3 days for bank transfers, with no fees for most methods. Plus500 also offers free deposits and withdrawals, but bank transfers may take 2-5 business days. USDT TRC20 deposits are fast and low-cost, ideal for crypto-savvy Norway traders. Minimum deposits at Tickmill are $50, while Plus500 has a $100 minimum as well. Always use verified accounts to avoid delays.

Norway Muslim traders can access Islamic accounts at both brokers. Tickmill offers swap-free accounts on request for all account types, with no additional fees beyond standard spreads and commissions. Plus500 provides Islamic accounts automatically for eligible clients, but may charge a small administrative fee for overnight positions. Tickmill's Islamic accounts are more transparent with no hidden costs, making them a better choice for long-term traders in Norway who need to avoid swap fees.

Customer support for Norway traders is available 24/5 at both brokers. Tickmill offers live chat, email, and phone support in English, with response times under 5 minutes. Plus500 provides multilingual support via live chat and email, but phone support is limited. Neither broker offers Norwegian-language support, but both are responsive and helpful for English-speaking users in Norway.