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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.
| Detail | Information |
|---|
| Founded | 2014 |
| Headquarters | Seychelles |
| Regulated by | FCA,CySEC,FSCA,FSA,LFSA |
| Min Deposit | $100 |
| Max Leverage | 1000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is Tickmill Safe for Myanmar?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Myanmar traders
Always verify Tickmill's regulation at the official regulator website before depositing.
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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.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 0.10 pips | $2.00 | $2.10 | 1.60 pips |
| XAU/USD | 0.18 pips | $2.00 | $2.18 | 0.25 pips |
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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
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
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Deposits & Withdrawals — Myanmar Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
InstantSkrill
Fund via local exchange — transfer
InstantNeteller
Fund via local exchange — transfer
InstantBank Wire
International transfer (may be restricted locally)
1-5 daysCredit/Debit Card
Visa/Mastercard (may be blocked locally)
InstantMyanmar 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.
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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.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually 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.
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Instruments & Markets in Myanmar
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.18 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Myanmar traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Myanmar traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Myanmar traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Myanmar Review
Support verdict for Myanmar
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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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.
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Tickmill vs Competitors in Myanmar
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| Tickmill (current) | $100 | 0.10 pips | Yes | No | 3.3 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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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.
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Tickmill User Reviews & Ratings
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
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Tickmill Latest News & Updates 2026
Tickmill expands TradingView integration
Tickmill has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Tickmill maintains top-tier regulatory status
Tickmill continues to hold its regulatory licenses, ensuring client fund protection for Myanmar traders.
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.