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

Tickmill Review 2026: A Balanced Look for Myanmar Traders

Tickmill is a solid broker for Myanmar traders seeking low-cost forex trading with MT4/MT5. Its strong FCA regulation and multiple account types are appealing, but the lack of local regulation and limited customer support hours may be a concern. Overall, it's a good choice for experienced traders, but beginners should proceed with caution.
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 Myanmar Traders

  • Strong FCA regulation with FSCS protection up to £85,000
  • Low spreads from 0.0 pips on Pro account, ideal for cost-conscious Myanmar traders
  • Accepts USDT deposits, a popular and fast method in Myanmar
  • Genuine Islamic account with no hidden fees for Muslim traders
  • MT4 and MT5 platforms with full EA support for automated trading

CONS for Myanmar Traders

  • No local regulation in Myanmar, so no local dispute resolution
  • Customer support only in English, no Burmese language option
  • Limited instrument range — no stocks or ETFs
  • No cTrader or TradingView platforms
  • Support not available 24/7, which can be inconvenient for Asian session traders
📅
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 — Myanmar
  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 Myanmar

Tickmill was founded in 2014 and has grown into a well-known forex and CFD broker, serving clients in over 100 countries including Myanmar. Headquartered in Seychelles, the broker has built a reputation for low-cost trading, transparent pricing, and strong regulatory oversight from top-tier authorities like the FCA and CySEC. For Myanmar traders, Tickmill offers a compelling proposition: access to global forex markets with tight spreads, high leverage up to 1:500, and multiple deposit options including USDT and Skrill. The broker is particularly relevant for retail traders in Myanmar who want a reliable, internationally regulated broker with a long track record. However, the lack of a local office or Myanmar-specific regulation means traders must rely on international customer support and dispute resolution. Overall, Tickmill is a solid choice for Myanmar traders who value low spreads and robust regulation over local convenience.

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 Myanmar?

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

Tickmill offers a genuine swap-free Islamic account for Muslim traders in Myanmar who wish to trade without earning or paying interest (swap/rollover fees). The account is available on both Classic and Pro accounts. To apply, simply contact customer support via live chat or email after registration, and request the swap-free status. There are no hidden fees or expiration dates on the Islamic account, which is a plus compared to some brokers that charge an administration fee after a certain period. However, please note that holding positions for very long periods (e.g., months) may still incur a small fee in some cases, so it's best to confirm the policy with support. Overall, Tickmill’s Islamic account is a fair option for Myanmar Muslim traders.

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 Myanmar

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

Customer Support — Myanmar Review

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

Common Mistakes Myanmar Traders Make with Tickmill

  • Mistake: Opening an account with the Seychelles entity instead of the FCA entity — always choose the FCA-regulated entity for better protection.
  • Mistake: Not verifying the swap-free policy on the Islamic account before trading — confirm with support if you plan to hold positions for months.
  • Mistake: Depositing via bank transfer without checking intermediary fees — use Skrill or USDT to avoid high fees and delays.
🔍

Tickmill vs Competitors in Myanmar

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

Final Verdict — Is Tickmill Worth It for Myanmar Traders?

3.3/5
★★★★★

Tickmill is a reliable broker for Myanmar traders who prioritize low trading costs and strong international regulation. The FCA regulation provides a safety net that few other brokers can match, and the deposit options — especially USDT — make it convenient for local traders. The Islamic account is a genuine plus for Muslim traders. However, the lack of local regulation, limited customer support hours, and absence of Burmese language support are notable drawbacks. Tickmill is best suited for experienced retail traders in Myanmar who are comfortable with English and want a no-frills, low-cost trading experience. Beginners may find the lack of local support challenging. Overall, if you are a Myanmar trader looking for a trustworthy, low-spread broker, Tickmill is a strong contender — just be sure to choose the FCA-regulated entity for maximum protection.

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FAQ — Tickmill for Myanmar Traders

Is Tickmill safe for Myanmar traders?+
How can I deposit money in Tickmill from Myanmar?+
Does Tickmill have Islamic account?+
What is the minimum deposit for Tickmill in Myanmar?+
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 · Myanmar
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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