XM Group vs Tickmill 2026: Which Broker Suits Belarus Traders Best?
Which broker is better for Belarus traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Belarus Traders
For Belarus traders seeking a reliable forex broker, XM Group and Tickmill are two of the most popular choices in 2026. Both brokers accept clients from Belarus and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. XM Group scores 4.7/5 and is known for its low minimum deposit ($5), extensive educational resources, and user-friendly platforms. Tickmill, with a 4/5 rating, appeals to cost-conscious traders with its ultra-low spreads starting from 0.0 pips and strong execution speeds. While neither broker is regulated by the local financial regulator, both hold reputable international licenses. This comparison helps Belarus retail traders decide which broker aligns better with their trading style, budget, and local needs.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | XM Group | 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 | $5 | $100 | Tickmill |
For Belarus traders, trading costs are a key factor. Tickmill offers the lowest spreads on major forex pairs, starting from 0.0 pips on its Pro account with a commission of $3 per lot per side. XM Group's Zero account has spreads from 0.6 pips with a $5 commission per lot round turn. On a standard account, XM's spreads average 1.0 pips with no commission, while Tickmill's Standard account averages 1.6 pips. For high-volume Belarus traders, Tickmill's Pro account is more cost-effective, but XM's Zero account is competitive for lower volumes. Both brokers have no hidden fees.
Account Types Comparison
| Account Type | XM Group | Tickmill |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
Leverage Comparison - Belarus Traders
| Entity / Asset | XM Group | Tickmill |
|---|---|---|
| Belarus (offshore) | Up to 1:1000 | Up to 1:1000 |
| Forex major pairs | 1:1000 | 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 | XM Group | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | ✗ | XM Group |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | XM Group | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both XM Group and Tickmill provide the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are popular among Belarus traders for their advanced charting, automated trading, and mobile access. XM also offers its own XM WebTrader and a mobile app, while Tickmill provides a web-based platform. For Belarus traders, MT4/MT5 are ideal due to local support for Russian language and compatibility with VPS services. Both brokers offer free demo accounts to test platforms.
Execution Quality - Speed & Slippage
| Factor | XM Group | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Both XM Group and Tickmill offer fast execution speeds suitable for retail traders. Tickmill boasts an average execution speed of 0.2 seconds on its Pro account, while XM Group averages 0.4 seconds. Tickmill uses a No Dealing Desk (NDD) model with ECN execution, ideal for scalpers and algorithmic traders. For Belarus traders, both brokers provide reliable execution with no requotes, but Tickmill is slightly better for high-frequency trading.
Regulation & Safety for Belarus Traders
| Safety Factor | XM Group | Tickmill |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither XM Group nor Tickmill is regulated by the Belarus local financial regulator, but both operate under strict international oversight. XM Group is regulated by the FCA (UK), CySEC (Cyprus), and ASIC (Australia), while Tickmill is regulated by the FSA (Seychelles), CySEC, and FCA. For Belarus traders, this means your funds are held in segregated accounts and you benefit from negative balance protection. However, you won't have local dispute resolution. Both brokers are well-established and trusted globally.
Deposits & Withdrawals for Belarus
| Payment Method | XM Group | Tickmill |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Belarus traders can fund their accounts at both XM Group and Tickmill using Bank Transfer, Skrill, Neteller, and USDT TRC20. XM Group has a lower minimum deposit of just $5, making it accessible for beginners, while Tickmill requires $100. Deposits are instant with Skrill, Neteller, and USDT TRC20, while bank transfers take 2-5 days. Withdrawals are free at both brokers, with processing times of 1-2 days for e-wallets and USDT TRC20, and up to 5 days for bank transfers. USDT TRC20 is especially convenient for Belarus traders due to low fees and fast settlement. Both brokers support withdrawals in USD.
Islamic Accounts - Swap-Free for Belarus Muslims
| Islamic Account Feature | XM Group | 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 |
For Belarus Muslim traders, both XM Group and Tickmill offer swap-free Islamic accounts that comply with Sharia law. XM Group provides Islamic accounts on all account types (Micro, Standard, and Zero) with no additional fees. Tickmill offers Islamic accounts on Standard and Pro accounts, also without extra charges. Both brokers require a request via customer support to activate the Islamic account. This makes both brokers suitable for Belarus traders seeking interest-free trading.
Customer Support Comparison
| Support Feature | XM Group | Tickmill | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 multilingual customer support via live chat, email, and phone, with Russian language support available for Belarus traders. Tickmill also provides 24/5 support in multiple languages, including Russian. Both brokers have responsive live chat and email support. XM Group edges ahead with slightly faster response times and a more extensive FAQ section in Russian.
Mobile App Comparison
| Mobile Feature | XM Group | Tickmill | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | XM Group | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | XM Group |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
XM Group
Tickmill
Who Should Use Which Broker? - Belarus Guide
Choose XM Group if you...
- Are a beginner with a small budget (min deposit $5)
- Prefer a wider range of account types and platforms
- Value extensive educational resources and webinars
- Want a broker with a higher overall rating (4.7/5)
Choose Tickmill if you...
- Are an experienced trader focused on low spreads (from 0.0 pips)
- Need ultra-fast execution for scalping or automated trading
- Have a larger initial deposit ($100+)
- Prefer an ECN broker with direct market access
FAQ - XM Group vs Tickmill in Belarus
Final Verdict - Belarus 2026
For Belarus traders, both XM Group and Tickmill are excellent choices, but the best broker depends on your priorities. XM Group wins with its lower minimum deposit ($5), higher overall score (4.7/5), and strong educational support, making it ideal for retail beginners. Tickmill appeals to cost-focused traders with its ultra-low spreads and faster execution. Both support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and neither is regulated by the local financial regulator, but they hold reputable international licenses. If you're starting out, choose XM Group; if you trade frequently and want the lowest costs, choose Tickmill.