Tickmill vs XM: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeTickmillXM
Licence Score67Strong70Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record67
1 FCA United Kingdom Licensed · FRN 717270—
1 ASIC Australia —Licensed
2 CySEC Cyprus Licensed · Licence 278/15Licensed · Licence 120/10
2 FSCA South Africa LicensedLicensed
2 DFSA United Arab Emirates LicensedLicensed
3 CMA (Kenya) Kenya —Licensed
3 Labuan FSA Malaysia (Labuan) Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
4 FSC (Belize) Belize —Licensed
Founded20142009
HeadquartersUnited KingdomCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, TradingViewMT4, MT5
Minimum depositUS$100US$5
VisitVisit siteVisit site

Frequently asked questions

Is Tickmill or XM better regulated?

XM has the higher Licence Score (70 vs 67), based on the number and tier of licences, operating history and public listing.

Which regulators license both Tickmill and XM?

Both are matched to licences from CySEC, DFSA, FSCA and FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.