IC Markets vs Tickmill Norway 2026: Complete Comparison for Retail Traders

For Norway traders, trading costs are a key differentiator. IC Markets offers raw spreads from 0.0 pips on its Raw Spread account with a $7 round-turn commission per lot, ideal for scalpers and high-volume traders. Tickmill's Pro account starts at 0.1 pips with a $4 round-turn commission, making it slightly more expensive on spreads but cheaper on commission. On a standard lot of EUR/USD, IC Markets' total cost averages $7-8, while Tickmill's is around $8-10. For Norway traders executing 10+ lots monthly, IC Markets provides better value. Tickmill's Classic account has no commission but wider spreads, suiting lower-volume traders.

Both brokers offer MetaTrader 4 and MetaTrader 5, the industry-standard platforms favored by Norway traders for their advanced charting and automated trading. IC Markets also provides cTrader, a popular ECN platform with depth-of-market features and faster execution, ideal for algorithmic traders. Tickmill focuses on MT4/MT5, with a clean interface and one-click trading. For Norway traders who value platform variety, IC Markets wins with three options. Tickmill's platforms are reliable but lack cTrader. Both support desktop, web, and mobile versions for trading on the go.

IC Markets uses Equinix NY4 data centers for ultra-low latency execution, with an average execution speed of under 40ms. Tickmill also offers fast execution with servers in London and New York, averaging 50-60ms. For Norway traders, IC Markets' infrastructure is superior for scalping and high-frequency trading. Tickmill's execution is still competitive for most retail strategies. Both brokers offer no requotes and fill-or-kill orders. IC Markets is the clear winner for execution quality.

IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and the FSA (Seychelles), while Tickmill holds licenses from the FCA (UK), CySEC, and the FSA. For Norway traders, neither broker is directly regulated by the local financial regulator, but they comply with European standards through CySEC and FCA oversight. This means client funds are segregated, and negative balance protection applies. Norway traders should verify that the broker's license covers retail clients. IC Markets' ASIC regulation adds an extra layer of trust, while Tickmill's FCA license is highly regarded. Both brokers offer a secure environment for Norwegian clients.

Norway traders can fund accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT, among other methods. IC Markets requires a minimum deposit of $200, while Tickmill's is $100. Deposits via Skrill and Neteller are instant and fee-free, while Bank Transfer may take 1-3 business days and incur intermediary bank charges. USDT deposits are processed quickly with low fees. Withdrawals are processed within 24 hours at IC Markets and up to 48 hours at Tickmill, with Skrill/Neteller being the fastest. Both brokers do not charge internal withdrawal fees, but Norway traders should check their bank or e-wallet for any incoming transfer fees. For large withdrawals, Bank Transfer is reliable but slower.

Both IC Markets and Tickmill offer swap-free Islamic accounts (no overnight interest) for Muslim traders in Norway. IC Markets provides Islamic accounts on its Standard and Raw Spread accounts, with no additional fees for swap-free status. Tickmill offers Islamic accounts on all account types, including Pro and Classic. Norway traders must request an Islamic account during registration or by contacting support. Both brokers require a genuine religious reason and may close swap-free accounts if abuse is detected. For long-term position holders, these accounts are cost-effective as they avoid overnight financing charges.

IC Markets offers 24/7 customer support via live chat, email, and phone, with fast response times. Tickmill provides 24/5 support with live chat and email, and phone support during business hours. For Norway traders, both brokers support English, but IC Markets has a slight edge with round-the-clock availability. Tickmill's support is reliable but limited on weekends. Both have comprehensive FAQ sections. For urgent issues, IC Markets' 24/7 live chat is preferable.