Quick Verdict — Czech Republic Traders
Best Overall
IC Markets
Higher overall score & more features
Best Spreads
Tickmill
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Czech Republic Muslims
Best for Beginners
IC Markets
Better education & support
1:5000 vs 1:500
Max leverage
Head-to-head comparison
Czech Republic traders looking for a reliable forex broker often compare IC Markets and Tickmill, two globally recognized brokers with strong reputations. Both brokers offer competitive spreads, multiple account types, and support for local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. However, IC Markets scores higher (3.6/5) than Tickmill (4/5) due to its superior trading conditions, broader platform selection, and faster execution speeds. While both brokers are not directly regulated by the Czech National Bank (local financial regulator), they hold licenses from top-tier authorities like CySEC and FCA, providing a secure trading environment. Czech traders should consider their trading style, volume, and platform preferences when choosing between these two brokers. This comparison will help you decide which broker aligns best with your retail trading needs in the Czech Republic.
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Overall Scores Comparison

IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
Winner
VS

Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | IC Markets | Tickmill | Winner |
|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | Tickmill |
For Czech Republic traders, trading costs are a critical factor. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a commission of $3.50 per lot round turn, while Tickmill’s Pro account also starts from 0.0 pips but with a slightly higher commission of $4 per lot. On standard accounts, IC Markets’ spreads average 0.6 pips on EUR/USD, whereas Tickmill’s standard spreads are around 1.2 pips. For high-volume Czech traders, IC Markets provides lower total costs, especially when trading frequently. Tickmill’s costs are still competitive but slightly higher, making IC Markets the better choice for cost-conscious traders.
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Account Types Comparison
| Account Type | IC Markets | Tickmill |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $100 |
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Leverage Comparison - Czech Republic Traders
| Entity / Asset | IC Markets | Tickmill |
|---|
| Czech Republic (offshore) | Up to 1:5000 | Up to 1:500 |
| Forex major pairs | 1:5000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Leverage Warning for Czech Republic Traders
Traders in Czech Republic typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available
| Asset Class | IC Markets | Tickmill | Winner |
|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | ✗ | IC Markets |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
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Execution Quality - Speed & Slippage
| Factor | IC Markets | Tickmill | Winner |
|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets provides superior execution quality with average execution speeds under 40ms and no requotes, thanks to its ECN infrastructure. Tickmill’s execution is also fast, typically under 50ms, but may experience occasional slippage during high volatility. For Czech traders who scalp or trade news events, IC Markets’ faster and more reliable execution gives it a clear advantage in performance.
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Regulation & Safety for Czech Republic Traders
| Safety Factor | IC Markets | Tickmill |
|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets Global is not
FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing. This means Czech traders trade under EU-level MiFID II protections when using the
CySEC-regulated entities. IC Markets also holds an Australian
ASIC license, while
Tickmill is regulated by the
FSA in Seychelles for its international clients. For Czech traders, this offers a reasonable level of security, though local regulation would provide additional comfort.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Czech Republic traders may differ by entity.
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Deposits & Withdrawals for Czech Republic
| Payment Method | IC Markets | Tickmill |
|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Czech Republic traders can fund their accounts at IC Markets and Tickmill using Bank Transfer, Skrill, Neteller, and USDT TRC20. IC Markets requires a minimum deposit of $100, while Tickmill’s minimum is $100. Deposits via Skrill and Neteller are instant and free, while bank transfers may take 1-3 business days. USDT TRC20 deposits are processed quickly with low fees. Withdrawals are handled efficiently: e-wallet withdrawals are usually processed within 24 hours, while bank transfers may take 2-5 business days. Both brokers do not charge deposit fees, but withdrawal fees may apply for certain methods. Overall, both brokers offer convenient deposit options tailored to Czech traders.
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Islamic Accounts - Swap-Free for Czech Republic Muslims
| Islamic Account Feature | IC Markets | Tickmill |
|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both IC Markets and Tickmill offer Islamic (swap-free) accounts for Czech Republic Muslim traders who require compliance with Sharia law. IC Markets provides swap-free accounts on all account types (Raw Spread, Standard, and cTrader) upon request, with no swap charges on overnight positions. Tickmill offers Islamic accounts on its Standard and Pro accounts, also swap-free. Czech traders need to provide documentation proving Muslim faith to activate these accounts. Both brokers handle swap-free accounts fairly, though IC Markets’ broader availability across account types gives it a slight advantage.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | IC Markets | Tickmill | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/7 customer support via live chat, email, and phone, with multilingual agents including English and Czech (limited). Tickmill also provides 24/5 support with live chat, email, and phone, but does not have Czech-language support. For Czech traders, IC Markets’ slightly better availability and responsiveness make it the preferred choice, though both brokers offer adequate assistance for retail traders.
| Mobile Feature | IC Markets | Tickmill | Winner |
|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
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Education & Research Tools
| Resource | IC Markets | Tickmill | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
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Real User Reviews - Trustpilot
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Pros & Cons of Each Broker
IC Markets
Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support
Tickmill
Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
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Who Should Use Which Broker? - Czech Republic Guide
Choose IC Markets if you...
- Are a high-volume trader needing tight spreads from 0.0 pips
- Prefer cTrader or MT4/MT5 for advanced trading
- Want faster execution for scalping or news trading
- Need 24/7 customer support and broader account types
Choose Tickmill if you...
- Are a beginner or low-volume trader seeking a lower minimum deposit ($100)
- Prefer a simpler product range with fewer platform choices
- Want competitive spreads on standard accounts
- Value a broker with a strong focus on education and analysis tools
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FAQ - IC Markets vs Tickmill in Czech Republic
Is IC Markets or Tickmill better for Czech Republic?
+Can Czech Republic traders use both brokers legally?
+Which broker has lower spreads for Czech Republic traders?
+How do Czech Republic traders deposit at IC Markets and Tickmill?
+Do both brokers offer Islamic accounts for Czech Republic?
+Final Verdict - Czech Republic 2026
IC Markets wins overall
For Czech Republic traders, IC Markets is the stronger choice overall, earning a 4.8/5 score versus Tickmill’s 4/5. IC Markets offers tighter spreads, faster execution, more platforms, and 24/7 support, making it ideal for active retail traders. While Tickmill is a reliable option with a lower minimum deposit and decent conditions, IC Markets’ broader features and cost advantages provide better value for most Czech traders. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and operate under reputable licenses despite not being regulated by the local financial regulator. Ultimately, IC Markets is recommended for serious traders, while Tickmill suits those starting with smaller capital.
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.