HomeCompareTickmill vs TMGMFinland
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Complete Head-to-Head Comparison · 2026

Tickmill vs TMGM: Finland Broker Comparison 2026

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

Tickmill logo
Tickmill
FCA · CySEC · FSCA · Founded 2014
Open Account
VS
TMGM logo
TMGM
ASIC · VFSC · Founded 2013
Open Account
Winner: Tied
Categories: 12 compared
For: Finland traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Finland Traders

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

Finland has a vibrant forex trading community, with many retail traders seeking reliable brokers that combine low costs, strong regulation, and convenient local payment methods. In this comparison, we analyze Tickmill (rated 4/5) and TMGM (rated 3.3/5) to help Finnish traders choose the best fit. Tickmill is regulated by CySEC and FCA, offering robust EU-level investor protection, while TMGM is licensed by ASIC and FMA, appealing traders who prefer higher leverage and platform variety. Both brokers support payments via Bank Transfer, Skrill, Neteller, and USDT TRC20 – all popular in Finland. This guide covers spreads, platforms, regulation, and deposit options tailored to Finnish traders, whether you are a beginner or an experienced scalper.

🏆

Overall Scores Comparison

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

Trading Costs - Spreads & Commissions

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

For Finnish traders, trading costs are a critical factor. Tickmill's Raw account offers spreads from 0.0 pips with a $3 commission per lot side for major pairs like EUR/USD. TMGM's standard account has spreads around 0.8 pips with no commission, while its Raw Edge account starts from 0.0 pips but with a commission of $3.50 per lot side. Over 100 lots per month, Tickmill saves approximately $50 to $70 in total trading costs compared to TMGM. For scalpers and high-volume traders in Finland, Tickmill delivers better value.

📂

Account Types Comparison

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

Leverage Comparison - Finland Traders

Entity / AssetTickmillTMGM
Finland (offshore)Up to 1:1000Up to 1:1000
Forex major pairs1:10001:1000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Finland Traders
Traders in Finland typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassTickmillTMGMWinner
Forex pairs90+65+Tickmill
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesTickmill
Crypto CFDs20+Tickmill
Stocks / Share CFDs1,700+TMGM
ETFsTie
🖥️

Platforms Comparison

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

Both brokers offer the industry-standard MetaTrader 4 and MetaTrader 5 platforms, which are widely used by Finnish traders for their advanced charting and automated trading capabilities. Tickmill also provides a WebTrader for browser-based access. TMGM additionally offers the IRESS platform for traders who need advanced order types and direct market access, particularly useful for professional traders. For Finnish retail traders, MT4/MT5 are sufficient; TMGM's extra platform only benefits those requiring institutional-grade tools.

Execution Quality - Speed & Slippage

FactorTickmillTMGMWinner
Execution modelECN/STPTrue ECNTMGM
Avg execution speed~30ms~40msTickmill
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Tickmill boasts NDD execution with no dealing desk, achieving average speeds under 0.2 seconds and consistent slippage control. TMGM similarly uses NDD execution but reports average speeds around 0.3 seconds, with occasional slippage during volatile periods. For Finnish scalpers and day traders, Tickmill offers more reliable execution, especially on major pairs like EUR/USD. Both brokers are suitable for most strategies, but Tickmill has an advantage for latency-sensitive trading.

🛡️

Regulation & Safety for Finland Traders

Safety FactorTickmillTMGM
Primary regulatorFCAASIC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Regulation is paramount for Finnish traders, given the strict oversight of the Finnish Financial Supervisory Authority (FIN-FSA) through EU directives. Tickmill is authorised by CySEC (Cyprus) and FCA (UK), fully compliant with ESMA leverage limits and negative balance protection. TMGM is regulated by ASIC (Australia) and FMA (New Zealand) – both reputable but not under EU jurisdiction, meaning Finnish traders may not have access to full ESMA protections. For risk-averse traders in Finland, Tickmill offers stronger regulatory alignment and investor compensation schemes.

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

Deposits & Withdrawals for Finland

Payment MethodTickmillTMGM
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.1 to 4 business days to process, with internal processing typically completed within 1 business day.

Finnish traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 – all supported by both brokers. At Tickmill, deposits via e-wallets and crypto are free and processed instantly; bank transfers take 1-3 days with no fee. TMGM also accepts these methods, but charges a 1% fee on Skrill and Neteller deposits (capped at $10) and no fee for USDT TRC20. Withdrawals for both brokers are processed within 1-2 business days for e-wallets and crypto, while bank wire transfers may take 2-5 days. For Finnish traders prioritising speed and low cost, USDT TRC20 is the best option, followed by e-wallets. Tickmill has a minimum deposit of $100, TMGM of $50.

☪️

Islamic Accounts - Swap-Free for Finland Muslims

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

Both Tickmill and TMGM provide Islamic (swap-free) accounts for Finnish Muslim traders who require Sharia-compliant trading. Tickmill offers swap-free accounts on request for all account types, with no swap fees on overnight positions for most currency pairs and commodities; exceptions apply for some assets. TMGM also offers swap-free accounts, but may charge a small administrative fee on positions held beyond a few days. Finnish traders should confirm with both brokers the exact terms and list of exempt instruments to ensure full compliance with Islamic finance principles.

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 FeatureTickmillTMGMWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesTickmill

Tickmill offers customer support via 24/5 live chat, email, and phone, with fast response times (under 1 minute for chat). TMGM also provides 24/5 support through similar channels, with slightly longer average wait times. Both brokers communicate primarily in English; dedicated Finnish-language support is not available. For Finnish traders, Tickmill’s quicker response and well-organized help center give it a slight edge in service quality.

📱

Mobile App Comparison

Mobile FeatureTickmillTMGMWinner
iOS App Store rating4.5 stars4.3 starsTickmill
Google Play rating4.3 stars4.2 starsTickmill
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceTickmillTMGMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicTickmill

Real User Reviews - Trustpilot

T
Tickmill
★★★★★
1.1K
1,080 verified reviews
View on Trustpilot
T
TMGM
★★★★★
0.9K
928 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Tickmill

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

TMGM

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

Who Should Use Which Broker? - Finland Guide

Choose Tickmill if you...

  • Value EU regulation and investor protection under FIN-FSA standards
  • Prefer tight spreads and low commissions for high-volume trading
  • Need fast, reliable execution for scalping or algorithmic strategies
  • Want no fees on Skrill, Neteller, or USDT TRC20 deposits

Choose TMGM if you...

  • Seek higher leverage options (up to 1:500) not available under ESMA caps
  • Want access to the advanced IRESS platform for professional trading
  • Prefer a lower minimum deposit of $50
  • Tolerate ASIC/FMA regulation and accept slightly higher fees on e-wallet deposits

FAQ - Tickmill vs TMGM in Finland

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

Final Verdict - Finland 2026

Tickmill & TMGM tied wins overall

For Finnish traders, Tickmill is the stronger choice overall, earning a higher rating of 4/5 compared to TMGM's 3.3/5. Tickmill's EU regulation via CySEC offers peace of mind under the Finnish Financial Supervisory Authority's framework, while its ultra-low spreads and fast execution reduce trading costs significantly. TMGM remains a viable alternative for those needing higher leverage or the IRESS platform, but its non-EU regulatory status and extra deposit fees make it less ideal for the typical Finnish retail trader. With support for Bank Transfer, Skrill, Neteller, and USDT TRC20, both brokers serve Finnish traders well, but Tickmill delivers better value, safety, and overall experience.

Open TickmillOpen TMGM
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.
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Score Summary
Tickmill 3.3/5
TMGM 3.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.