LMAX Exchange VS Tickmill
Detailed side-by-side analysis on 40+ criteria. Data updated 2026.
LMAX Exchange 👑
In this 2-way comparison between LMAX Exchange and Tickmill, LMAX Exchange emerges as our top recommendation with an overall rating of 4.6/5.
Regulation Excellence: LMAX Exchange holds a Tier-1 FCA license, providing the highest level of investor protection including segregated client funds and compensation schemes.
Spread Comparison: While Tickmill offers the lowest spreads (0.1 pips), LMAX Exchange's 0.2 pips combined with superior overall features make it our top pick.
Best Broker For:
- Beginners: Tickmill (only $100 minimum)
- Low Spreads: Tickmill (0.1 pips EUR/USD)
- Trust & Safety: LMAX Exchange (95% trust score)
- Overall Winner: LMAX Exchange (4.6/5 rating)
| 40+ Criteria |
🏆 Winner
LMAX Exchange |
Tickmill |
|---|---|---|
| Overview & Ratings | ||
| Overall Rating | 🏆 Best | |
| Trust Score |
95%
|
90%
|
| Founded | 2010 | 2014 |
| Regulation & Safety | ||
| Primary Regulator | FCA Tier 1 | FCA Tier 1 |
| Segregated Accounts | ✔ Yes | ✔ Yes |
| Negative Balance Protection | ✔ Yes | ✔ Yes |
| Publicly Traded | Private | Private |
| Trading Conditions | ||
| EUR/USD Spread | 0.2 pips | 0.1 pips 💰 Lowest |
| Spread Type | None | Raw/ecn |
| Commission | $2.5/lot | $2.0/lot |
| Max Leverage | 1:100 | 1:500 |
| Account Conditions | ||
| Min Deposit | $1000 | $100 💎 Lowest |
| Demo Account | ✔ Unlimited | ✔ Unlimited |
| Islamic Account | ✗ No | ✔ Yes |
| Trading Platforms | ||
| MetaTrader 4 | ✔ | ✔ |
| MetaTrader 5 | ✗ | ✔ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Copy Trading | ✗ | ✗ |
| Mobile App | ✔ iOS/Android | ✔ iOS/Android |
| Instruments | ||
| Total Instruments | 100+ | 200+ 📈 Most |
| Forex Pairs | 78 | 62 |
| Cryptocurrencies | — | 10 |
| Stocks/CFDs | — | 80 |
| Education & Support | ||
| Educational Content | Limited | Limited |
| Webinars | ✗ | ✗ |
Frequently Asked Questions
Which is better: LMAX Exchange or Tickmill?
Based on our comprehensive analysis, LMAX Exchange scores higher overall with a 4.6/5 rating. It's regulated by FCA, a Tier-1 authority ensuring maximum fund protection. However, the best choice depends on your trading priorities:
- For lowest spreads: Tickmill (0.1 pips)
- For lowest deposit: Tickmill ($100)
- For maximum trust: LMAX Exchange (95% trust score)
What are the main differences between these brokers?
Key differences in this comparison:
- LMAX Exchange: FCA, spreads from 0.2 pips, $1000 min deposit
- Tickmill: FCA, spreads from 0.1 pips, $100 min deposit, MT5 available
Which broker is best for beginners?
For beginners, we recommend Tickmill due to its low $100 minimum deposit and unlimited demo account.
Are these brokers safe and regulated?
Here's the regulatory status for each broker:
- LMAX Exchange: FCA (Tier-1, highest protection)
- Tickmill: FCA (Tier-1, highest protection)
We recommend choosing Tier-1 regulated brokers (FCA, ASIC, SEC, FINMA) for maximum fund protection.
