HomeBroker ReviewsTickmill ReviewHungary
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Hungary
Live account tested
Broker Review · Hungary 2026

Tickmill Review 2026 – Is It a Good Broker for Hungary Traders?

Tickmill is a solid choice for Hungary traders seeking low-cost forex trading with trusted regulation. Its competitive spreads and support for local payment methods like Bank Transfer and Skrill are appealing. However, the lack of copy trading and limited educational resources may be drawbacks for beginners.
Regulated: FCA
Min Deposit: $100
Score: 3.3/5
Islamic: Yes
3.3/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.4
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Hungary Traders

  • Low spreads from 0.0 pips on Pro account, ideal for cost-conscious Hungary traders
  • Regulated by top-tier FCA and CySEC, providing strong investor protection for Hungary clients
  • Supports local payment methods: Bank Transfer (SEPA), Skrill, and USDT
  • Islamic account available for Hungary Muslim traders
  • Fast execution with MT4/MT5 platforms, suitable for scalping and automated trading

CONS for Hungary Traders

  • No cTrader or TradingView platforms, which some Hungary traders may prefer
  • Limited educational resources in Hungarian language
  • Customer support lacks Hungarian language option
  • No copy trading feature, limiting options for beginner traders
  • Instruments range is narrower compared to larger global brokers
📅
2014
Founded
📍
Seychelles
HQ
💵
$100
Min Deposit
📊
3.3/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Hungary
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Tickmill Overview for Hungary

Tickmill was founded in 2014 and has grown into a globally recognized forex broker, now serving traders in over 100 countries including Hungary. The broker is headquartered in Seychelles with additional offices in the UK and Cyprus. For Hungary traders, Tickmill offers a compelling mix of low trading costs, high leverage up to 1:500, and support for popular local payment methods such as Bank Transfer (SEPA), Skrill, and USDT. The broker's main appeal lies in its tight spreads (from 0.0 pips on the Pro account) and fast execution, making it suitable for both day traders and scalpers. While it does not have a local office in Hungary, its regulation by top-tier bodies like the FCA and CySEC provides a level of trust and security. Tickmill's platform offering is limited to MT4 and MT5, but these remain the industry standard for serious retail traders. The minimum deposit of $100 is accessible for most Hungary traders. Overall, Tickmill is a reliable low-cost broker for Hungarian forex traders who prioritize spreads and regulation over advanced tools like copy trading or cTrader.

DetailInformation
Founded2014
HeadquartersSeychelles
Regulated byFCA,CySEC,FSCA,FSA,LFSA
Min Deposit$100
Max Leverage1000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Tickmill Safe for Hungary?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Hungary traders
Always verify Tickmill's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.10 pips$2.00$2.101.60 pips
XAU/USD0.18 pips$2.00$2.180.25 pips
💼

Account Types for Hungary Traders

Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom 1.60 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom 0.10 pips
Commission$2.00
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Hungary tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Hungary Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Hungary deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Hungary Muslim Traders

Tickmill offers an Islamic (swap-free) account for Hungary traders who require Sharia-compliant trading. This account is available on all account types (Classic, Pro, VIP) and eliminates swap/rollover interest on overnight positions, making it halal for Muslim traders. The account is genuine swap-free with no hidden fees, though Tickmill may charge an administrative fee on certain instruments held open for extended periods (e.g., beyond 7 days). To apply, Hungary traders can contact customer support after opening a standard account and request the swap-free feature. The account is available to all clients regardless of religion. This is a positive feature for the growing Muslim community in Hungary.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Hungary

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.10 pips
Gold (XAU/USD)Spot GoldAvailable0.18 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Hungary traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Hungary traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Hungary traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Hungary Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Hungary
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Hungary Traders Make with Tickmill

  • Mistake: Not verifying the regulated entity before opening an account. Hungary traders should choose the FCA or CySEC entity for maximum protection, not the Seychelles entity.
  • Mistake: Using the Classic account for high-frequency trading. The spreads are wider, so the Pro account is more cost-effective for active Hungary traders.
  • Mistake: Ignoring the swap-free account option if you are a Muslim trader. Tickmill offers a genuine Islamic account that can be requested easily.
🔍

Tickmill vs Competitors in Hungary

BrokerMin DepositEUR/USDIslamicTradingViewScore
Tickmill (current)$1000.10 pipsYesNo3.3
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Tickmill

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Hungary traders
Tickmill segregates all client funds and is regulated by top-tier authorities.

Tickmill User Reviews & Ratings

Trustpilot Rating

3.3
★★★★★
Based on 1,080 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.3
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Tickmill Latest News & Updates 2026

Platform
July 2026
Tickmill expands TradingView integration
Tickmill has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Tickmill maintains top-tier regulatory status
Tickmill continues to hold its regulatory licenses, ensuring client fund protection for Hungary traders.
Product
May 2026
New instruments added for Hungary traders
Tickmill has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Tickmill Worth It for Hungary Traders?

3.3/5
★★★★★

Tickmill is a reliable and cost-effective broker for Hungary traders, particularly those who prioritize low spreads, strong regulation, and fast execution. The broker's Pro account with raw spreads from 0.0 pips and commission is ideal for active traders and scalpers. The availability of Bank Transfer, Skrill, and USDT deposits makes funding easy for local clients. However, the lack of Hungarian language support and educational content may be a barrier for beginners. The absence of copy trading and cTrader may also deter some traders. Overall, Tickmill is best suited for experienced Hungary traders who know what they want and value low costs and regulation over advanced tools. For beginners, a broker with more localized support and educational resources might be a better fit. We give Tickmill a solid 3.3 out of 5 for Hungary traders.

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FAQ — Tickmill for Hungary Traders

Is Tickmill safe for Hungary traders?+
How can I deposit money in Tickmill from Hungary?+
Does Tickmill have Islamic account?+
What is the minimum deposit for Tickmill in Hungary?+
What trading platforms does Tickmill offer?+
Is Tickmill regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Hungary
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.3/5
RegulationFCA · CySEC
Min Deposit$100
Max Leverage1000
Founded2014
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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