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

Tickmill Review 2026 – A Comprehensive Look for Malaysia Traders

Tickmill offers a solid trading environment for Malaysia traders, with low spreads, support for FPX and USDT deposits, and a genuine Islamic account. However, the lack of SC Malaysia direct regulation and limited local educational resources are drawbacks. It's a good choice for experienced traders seeking low-cost trading, but beginners may want more handholding.
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 Malaysia Traders

  • Low spreads from 0.0 pips on Pro account, ideal for cost-conscious Malaysia traders
  • Supports FPX deposits, making it easy to fund accounts from Malaysian banks
  • Genuine Islamic (swap-free) account available for Muslim traders
  • Regulated by top-tier FCA and CySEC, providing strong client fund protection
  • Fast execution with MT4/MT5 platforms, suitable for scalping and EAs

CONS for Malaysia Traders

  • Not regulated by SC Malaysia, so no local investor protection scheme
  • Limited educational resources tailored for Malaysia traders
  • No cTrader or TradingView platforms, which some traders prefer
  • Minimum deposit of $100 (RM450) may be high for absolute beginners
  • Customer support lacks Bahasa Malaysia language option
📅
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 — Malaysia
  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 Malaysia

Tickmill was founded in 2014 and is headquartered in Seychelles. The broker has grown rapidly to serve over 300,000 clients worldwide, including a significant number from Southeast Asia. For Malaysia traders, Tickmill is particularly relevant because it offers low spreads, fast execution, and support for local payment methods like FPX and USDT. While it is not regulated by the SC Malaysia, its FCA and CySEC licenses provide a strong safety net. The broker is known for its transparent pricing, with raw spreads from 0.0 pips and low commissions. It also caters to the Islamic finance community with a genuine swap-free account. With a minimum deposit of just $100 (approx RM450), Tickmill is accessible to both new and experienced traders in Malaysia. The broker offers a wide range of instruments including forex, indices, commodities, and bonds, making it a versatile choice for Malaysian traders looking to diversify.

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 Malaysia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Malaysia 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 Malaysia 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
Malaysia 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 — Malaysia 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
Malaysia 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 — Malaysia Muslim Traders

Tickmill offers a genuine swap-free Islamic account for Muslim traders in Malaysia. This account is available on all account types (Standard, Pro, VIP). There are no hidden fees or charges for holding positions overnight, which is a common concern with some brokers. The swap-free status applies to all instruments, including forex, indices, and commodities. To apply, simply open a live account and request the Islamic account option during registration. Alternatively, you can contact customer support to convert your existing account. Tickmill's Islamic account is compliant with Shariah principles, making it a reliable choice for Malaysia Muslim traders who require swap-free trading.

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 Malaysia

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 Malaysia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Malaysia 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 Malaysia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Malaysia Review

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

Common Mistakes Malaysia Traders Make with Tickmill

  • Mistake: Assuming Tickmill is regulated by SC Malaysia. Always check the entity you are trading with; Tickmill is regulated by FCA, CySEC, and others, but not by the SC Malaysia. This means you have no local protection.
  • Mistake: Not using the Islamic account if you are a Muslim trader. Tickmill offers a genuine swap-free account, but you must request it during registration. If you trade on a standard account as a Muslim, you may incur interest charges that are not Shariah-compliant.
  • Mistake: Choosing the wrong account type. Many Malaysia traders opt for the Standard account to avoid commissions, but the Pro account with raw spreads and low commission is often cheaper for frequent traders. Compare costs based on your trading volume.
🔍

Tickmill vs Competitors in Malaysia

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 Malaysia 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 Malaysia traders.
Product
May 2026
New instruments added for Malaysia traders
Tickmill has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Tickmill Worth It for Malaysia Traders?

3.3/5
★★★★★

Tickmill is a strong choice for Malaysia traders who prioritize low trading costs and fast execution. The broker's support for FPX deposits and genuine Islamic account makes it particularly appealing for local and Muslim traders. However, the lack of SC Malaysia regulation is a significant consideration, as it means you are not covered by the local compensation scheme. For experienced traders who are comfortable with international brokers, Tickmill offers excellent value. Beginners may find the educational resources limited and may prefer a broker with more handholding. Overall, Tickmill is recommended for cost-focused, self-directed traders in Malaysia who want access to competitive spreads and a reliable trading environment.

Open Tickmill Account

FAQ — Tickmill for Malaysia Traders

Is Tickmill safe for Malaysia traders?+
How can I deposit money in Tickmill from Malaysia?+
Does Tickmill have Islamic account?+
What is the minimum deposit for Tickmill in Malaysia?+
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.
Open Tickmill Account
Regulated · Malaysia
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
Similar Brokers
PE
Pepperstone
Review
XM
XM Group
Review
OC
OctaFX
Review
HO
HotForex HFM
Review
FB
FBS
Review
Compare Tickmill
vs Pepperstonevs IC Marketsvs Exnessvs XM Group
More Malaysia broker guides
Lowest GBP/USD Spread BrokersLowest USD/JPY Spread BrokersLowest AUD/USD Spread BrokersLowest USD/CAD Spread BrokersLowest USD/CHF Spread BrokersLowest NZD/USD Spread BrokersLowest EUR/GBP Spread BrokersLowest EUR/JPY Spread BrokersLowest GBP/JPY Spread BrokersLowest EUR/AUD Spread Brokers
Related guides for Malaysia traders
Brokers With Segregated Client FundsTop-Tier Regulated BrokersHighest Trustpilot-Rated BrokersBest Forex Brokers for BeginnersBest Forex Brokers for Advanced TradersHigh Leverage Forex BrokersLow Leverage Regulated BrokersBrokers With the Most Forex PairsOldest & Most Established BrokersLowest EUR/USD Spread Brokers