HomeCompareExness vs TickmillSingapore
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Complete Head-to-Head Comparison · 2026

Exness vs Tickmill (2026): In-Depth Comparison for Singapore Traders

Which broker is better for Singapore 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: Singapore traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Singapore Traders

Best Overall
Exness
Higher overall score & more features
Best Spreads
Tickmill
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Singapore Muslims
Best for Beginners
Exness
Better education & support
$100 vs $100
Min deposit
1:2000 vs 1:1000
Max leverage
FCA vs FCA
Top regulator
4.2 vs 3.3
Our scores
Table of Contents

Singapore is one of Asia’s most sophisticated forex trading hubs, and choosing the right broker matters more than ever in 2026. Exness and Tickmill are both MAS-regulated brokers with strong local appeal, but they cater to different trader profiles. Exness scores 4.8/5 and is known for its instant withdrawals, flexible leverage up to 1:2000, and deep liquidity for high-volume traders. Tickmill, with a 4/5 rating, focuses on low-cost ECN trading with razor-thin spreads and a transparent commission model. Both accept SGD deposits via PayNow, bank transfer, and credit card, making them accessible to Singaporean traders. This comparison dives into trading costs, platforms, regulation, and local payment methods to help you decide which broker aligns with your trading style in Singapore’s fast-paced financial environment.

🏆

Overall Scores Comparison

Exness
Exness
FCA · CySEC · ASIC
4.2
CompareBroker score
Winner
VS
Tickmill
Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
Trading Costs
Spreads, commissions
4.3
WIN
3.4
Platforms
MT4, MT5, cTrader, TV
3.9
WIN
3.0
Regulation
Safety, oversight
4.5
WIN
3.6
Deposits
Local payments
4.3
WIN
3.4
Customer Support
24/5, chat, phone
4.4
WIN
3.1
Education
Webinars, guides
3.9
WIN
3.0
Execution
Speed, slippage
4.3
WIN
3.4
Mobile App
iOS, Android
4.2
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$100$100Tie

For Singapore traders, trading costs can make or break profitability. Exness offers raw spreads from 0.0 pips on its Zero account with a commission of $3.5 per lot per side, while Tickmill’s ECN account starts at 0.0 pips with a lower commission of $3 per lot per side. On a standard account, Exness has spreads from 0.3 pips with no commission, whereas Tickmill’s Classic account offers spreads from 1.6 pips. For a trader executing 50 lots per month, Tickmill saves roughly $50 in commissions compared to Exness. However, Exness provides unlimited leverage, which can amplify returns for experienced Singapore traders who manage risk carefully.

📂

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$100$100
⚖️

Leverage Comparison - Singapore Traders

Entity / AssetExnessTickmill
Singapore (offshore)Up to 1:2000Up to 1:1000
Forex major pairs1:20001:1000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Singapore Traders
Traders in Singapore 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 CFDsTickmill
ETFsTie
🖥️

Platforms Comparison

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

Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry standards for Singapore traders. Exness also provides its proprietary Exness Terminal for web-based trading and a mobile app with advanced features like one-click trading and depth of market. Tickmill sticks to MT4/MT5 but enhances the experience with free VPS hosting for high-frequency traders and custom indicators. For Singapore traders who value flexibility across devices, Exness has a slight edge with its web terminal and mobile app, while Tickmill suits those who prefer pure MT4/MT5 with low-latency execution.

Execution Quality - Speed & Slippage

FactorExnessTickmillWinner
Execution modelECN/STPTrue ECNTickmill
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Exness boasts an average execution speed of under 30 milliseconds with 99.9% order fill rates, thanks to its deep liquidity pool and multiple data centers. Tickmill also offers fast execution (under 40 milliseconds) with a focus on ECN pricing and no requotes. For Singapore traders who scalp or trade during high-impact news events, Exness’s slightly faster execution and lower slippage provide a small advantage, while Tickmill’s consistent ECN execution suits algorithmic traders.

🛡️

Regulation & Safety for Singapore Traders

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

Regulation is critical for Singapore traders, and both brokers are licensed by the Monetary Authority of Singapore (MAS). Exness (SG) Pte Ltd holds a Capital Markets Services (CMS) license, while Tickmill Asia Ltd is also MAS-regulated. This means both adhere to strict client fund segregation, negative balance protection, and regular audits. For Singapore traders, this provides peace of mind that funds are safe and disputes can be handled locally. Exness additionally holds licenses from the FCA and CySEC, while Tickmill is regulated by the FCA and FSA (Seychelles) for non-Singapore entities, but your local MAS entity is the one that matters.

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

Deposits & Withdrawals for Singapore

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.

Singapore traders have several convenient funding options with both brokers. Exness supports instant deposits via PayNow (SGD), local bank transfers (SGD), and credit/debit cards. Withdrawals are processed instantly via PayNow, making it ideal for active traders. Tickmill also accepts PayNow, bank transfers, and credit cards, but bank transfer withdrawals take 1-2 business days. Credit card deposits are free at both brokers, but Exness charges a small fee for certain withdrawal methods. For high-volume traders, Exness’s instant withdrawal system is a standout feature, while Tickmill’s no-fee bank transfers appeal to those who prefer traditional banking. Both brokers allow deposits in SGD, avoiding conversion fees.

☪️

Islamic Accounts - Swap-Free for Singapore Muslims

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

Muslim traders in Singapore seeking Sharia-compliant accounts will find both brokers accommodating. Exness offers swap-free Islamic accounts on all account types with no time limit or additional fees, making it a strong choice for long-term holding. Tickmill provides Islamic accounts upon request, but they may apply a small administrative fee after 30 days of holding a position. Both require a declaration of Muslim faith or supporting documentation. For Singapore traders who trade frequently and hold positions overnight, Exness’s unlimited swap-free policy is more attractive, while Tickmill’s fee after 30 days may suit shorter-term strategies.

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 chatTie
Phone supportTie
Email supportTie
24/7 supportExness
Response time (chat)<2 minutes<3 minutesExness

Customer support is available 24/7 for both brokers, with English-speaking teams accessible via live chat, email, and phone. Exness offers dedicated support for Singapore traders through a local phone line and WhatsApp, while Tickmill provides 24/5 support with slightly slower response times on weekends. For urgent issues like withdrawal delays, Exness’s instant response via live chat is faster. Both brokers have comprehensive FAQ sections on their websites tailored to Singapore clients.

📱

Mobile App Comparison

Mobile FeatureExnessTickmillWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceExnessTickmillWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicExness

Real User Reviews - Trustpilot

T
Exness
★★★★★
28.9K
28,910 verified reviews
View on Trustpilot
T
Tickmill
★★★★★
1.1K
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? - Singapore Guide

Choose Exness if you...

  • Trade high volumes and need instant withdrawals via PayNow
  • Want flexible leverage up to 1:2000 for capital efficiency
  • Prefer a broker with a higher overall rating (4.8/5) and broader global recognition
  • Need swap-free Islamic accounts with no time limits

Choose Tickmill if you...

  • Focus on low-cost ECN trading with spreads from 0.0 pips and low commissions
  • Are a scalper or day trader who prioritizes raw spread costs over leverage
  • Prefer a no-frills MT4/MT5 experience with free VPS hosting
  • Want a broker with strong FCA and MAS regulation for added trust

FAQ - Exness vs Tickmill in Singapore

Is Exness or Tickmill better for Singapore? +
Can Singapore traders use both brokers legally? +
Which broker has lower spreads for Singapore traders? +
How do Singapore traders deposit at Exness and Tickmill? +
Do both brokers offer Islamic accounts for Singapore? +

Final Verdict - Singapore 2026

Exness wins overall

For Singapore traders, both Exness and Tickmill are excellent MAS-regulated choices, but the best fit depends on your trading style. Exness wins on convenience with instant PayNow withdrawals, higher overall score (4.8/5), and unlimited leverage—ideal for active traders and those who value speed. Tickmill excels in raw spread costs and commission transparency, making it a top pick for cost-conscious scalpers. If you trade high volumes and need fast access to funds, Exness is superior. If you prioritize the lowest possible trading costs and use ECN accounts, Tickmill is the better option. Both support SGD deposits via PayNow, bank transfer, and credit card, so the final decision comes down to your specific trading needs.

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 July 2026.
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Score Summary
Exness Winner4.2/5
Tickmill 3.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.