Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Monaco
Data verified
Complete Head-to-Head Comparison · 2026

Exness Vs Tickmill: Monaco Trader Comparison (2026)

Which broker is better for Monaco traders in 2026? Expert analysis across 12 categories.

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
Tickmill logo
Tickmill
FCA · CySEC · FSCA · Founded 2014
Open Account
Winner: Exness
Categories: 12 compared
For: Monaco traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Monaco Traders

Best Overall
Exness
Higher overall score & more features
Best Spreads
Tickmill
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Monaco Muslims
Best for Beginners
Exness
Better education & support
$10 vs $100
Min deposit
1:2 vs 1:500
Max leverage
FCA vs FCA
Top regulator
3.5 vs 3.3
Our scores
Table of Contents

Head-to-head comparison

Monaco traders seeking a reliable forex broker in 2026 often compare Exness and Tickmill, two leading international brokers with strong reputations. Exness, rated 4.8/5, is known for its ultra-low spreads, high leverage (up to 1:2000), and diverse deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. Tickmill, scoring 4/5, offers competitive raw spreads from 0.0 pips and is regulated by top-tier authorities like the FCA and CySEC. For Monaco retail traders, both brokers provide access to the global markets through MetaTrader 4 and 5, but their differences in cost structure, payment flexibility, and regulatory oversight can significantly impact your trading experience. This comparison focuses on Monaco-specific factors such as local deposit options, Islamic account availability, and compliance with the local financial regulator. Whether you are a scalper, swing trader, or long-term investor, understanding these nuances helps you choose the broker that aligns with your goals in the Principality of Monaco.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
Winner
VS
Tickmill logo
Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
Trading Costs
Spreads, commissions
3.6
WIN
3.4
Platforms
MT4, MT5, cTrader, TV
3.2
WIN
3.0
Regulation
Safety, oversight
3.8
WIN
3.6
Deposits
Local payments
3.6
WIN
3.4
Customer Support
24/5, chat, phone
3.7
WIN
3.1
Education
Webinars, guides
3.2
WIN
3.0
Execution
Speed, slippage
3.6
WIN
3.4
Mobile App
iOS, Android
3.5
WIN
3.3
💹

Trading Costs - Spreads & Commissions

InstrumentExnessTickmillWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotTickmill
XAU/USD (Gold)$0.14 typical$0.12 typicalTickmill
GBP/USD avg spread0.29 pips0.23 pipsTickmill
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsTickmill
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$100Exness

For Monaco traders, trading costs are a critical factor. Exness offers spreads from 0.0 pips on its Zero account with a commission of $3.5 per lot round turn, while Tickmill's Raw account starts from 0.0 pips with a $4 per lot commission. On standard accounts, Exness spreads average 0.3 pips with no commission, whereas Tickmill's Classic account has spreads from 1.6 pips. For high-volume Monaco traders, Exness is more cost-effective due to lower commissions and tighter spreads. Additionally, Exness does not charge deposit or withdrawal fees, which is beneficial when using local methods like Bank Transfer or USDT TRC20.

📂

Account Types Comparison

Account TypeExnessTickmill
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✗
Zero spread account✓✓
Copy trading✗✗
Min deposit$10$100
⚖️

Leverage Comparison - Monaco Traders

Entity / AssetExnessTickmill
Monaco (offshore)Up to 1:2Up to 1:500
Forex major pairs1:21:500
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Monaco Traders
Traders in Monaco typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassExnessTickmillWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+✗Exness
Stocks / Share CFDs✗✗Tickmill
ETFs✗✗Tie
🖥️

Platforms Comparison

PlatformExnessTickmill
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both Exness and Tickmill support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms favored by Monaco retail traders. Exness also provides its own web trader and mobile app with advanced charting tools, while Tickmill offers a proprietary WebTrader. For Monaco traders who value speed and customization, both platforms are excellent. However, Exness's additional risk management tools, such as real-time margin monitoring, give it an edge for active traders.

⚡

Execution Quality - Speed & Slippage

FactorExnessTickmillWinner
Execution modelECN/STPTrue ECNTickmill
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

Exness boasts an average execution speed of 0.1 seconds with no requotes, ideal for Monaco scalpers and high-frequency traders. Tickmill offers execution under 0.3 seconds with minimal slippage. Both brokers use ECN/STP models, but Exness's faster execution and deeper liquidity pools give it a slight edge for active traders.

🛡️

Regulation & Safety for Monaco Traders

Safety FactorExnessTickmill
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Exness is regulated by multiple authorities including the FCA, CySEC, and FSA, and is known for its strong client fund segregation. Tickmill is regulated by the FCA, CySEC, and the Seychelles FSA. For Monaco traders, both brokers are considered safe, but Exness's higher regulatory tier and transparency with the local financial regulator provide greater reassurance. Tickmill's regulation by CySEC (EU) also offers investor protection up to €20,000, which may appeal to Monaco residents.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Monaco traders may differ by entity.
💳

Deposits & Withdrawals for Monaco

Payment MethodExnessTickmill
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business daysMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.

Monaco traders benefit from multiple deposit and withdrawal options at Exness, including Bank Transfer, Skrill, Neteller, and USDT TRC20. Deposits are instant and free, with withdrawals processed within 24 hours. Tickmill supports Bank Transfer, Skrill, and Neteller, but does not accept USDT TRC20. For Monaco traders who use cryptocurrency for funding, Exness is the clear winner. Both brokers have no hidden fees, but Exness offers more flexibility for local payment methods.

☪️

Islamic Accounts - Swap-Free for Monaco Muslims

Islamic Account FeatureExnessTickmill
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

For Monaco Muslim traders, both Exness and Tickmill offer Islamic (swap-free) accounts that comply with Sharia law. Exness provides Islamic accounts on most account types, including Standard and Zero, with no swap charges on overnight positions. Tickmill also offers swap-free accounts upon request, but they may require a minimum deposit and are available for clients from certain regions. Exness's policy is more accessible and straightforward for Monaco traders.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureExnessTickmillWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✓✗Exness
Response time (chat)<2 minutes<3 minutesExness

Exness offers 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Monaco traders. Tickmill provides support 24/5 via live chat and email, with response times under 2 hours. For Monaco traders who trade outside standard hours, Exness's round-the-clock support is a significant advantage.

📱

Mobile App Comparison

Mobile FeatureExnessTickmillWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceExnessTickmillWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗✗Tie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
Tickmill
☆☆☆☆☆
—
1,080 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView

Tickmill

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Monaco Guide

Choose Exness if you...

  • Want ultra-low spreads from 0.0 pips and low commissions ($3.5 per lot).
  • Prefer high leverage up to 1:2000 for maximizing small capital.
  • Need flexible deposits including USDT TRC20, Bank Transfer, Skrill, and Neteller.
  • Value 24/7 customer support and fast execution (0.1 seconds).

Choose Tickmill if you...

  • Prefer a broker with strong FCA and CySEC regulation for added safety.
  • Want competitive raw spreads from 0.0 pips with a slightly higher commission ($4 per lot).
  • Are a swing trader who uses MT4/MT5 and needs reliable execution.
  • Don't require cryptocurrency deposit options like USDT TRC20.
❓

FAQ - Exness vs Tickmill in Monaco

Is Exness or Tickmill better for Monaco?

+

Can Monaco traders use both brokers legally?

+

Which broker has lower spreads for Monaco traders?

+

How do Monaco traders deposit at Exness and Tickmill?

+

Do both brokers offer Islamic accounts for Monaco?

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Final Verdict - Monaco 2026

Exness wins overall

For Monaco retail traders in 2026, Exness emerges as the stronger choice due to its higher overall rating (4.8/5), lower trading costs, and superior deposit flexibility with options like Bank Transfer, Skrill, Neteller, and USDT TRC20. Its 24/7 support and fast execution cater well to active traders. Tickmill remains a solid alternative, especially for those prioritizing top-tier regulation (FCA/CySEC) and a simpler product offering. However, given Monaco's local payment preferences and the need for a broker that adapts to the local financial regulator's standards, Exness provides a more comprehensive solution. Ultimately, your choice depends on whether you value cost efficiency and payment variety (Exness) or regulatory prestige and simplicity (Tickmill).

Open ExnessOpen Tickmill
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
Exness Winner3.5/5
Tickmill 3.3/5
Full Reviews
Full Exness Review →Full Tickmill Review →
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