FxPro vs Tickmill — which broker is better?

Pros

• FCA authorisation under firm reference 509956 with FSCS cover to GBP 85,000, plus a CySEC licence (078/07) for EU clients with EUR 20,000 ICF cover.
• Five trading platforms — cTrader, MT4, MT5, TradingView and FxPro Edge — which is more genuine choice than almost any comparable CFD broker offers.
• cTrader support is first-class: Level II depth of market, C# cBots and an execution model that shows you the commission instead of burying it in the spread.
• Raw+ and cTrader accounts charge USD 3.50 per lot per side (USD 7.00 round turn) on FX and metals — transparent, and competitive with the raw-spread mainstream.
• More than 2,100 instruments including roughly 2,000 share CFDs, 70 FX pairs, 28 crypto CFDs and CFDs on energy and agricultural futures.
• Eight base currencies (USD, EUR, GBP, CHF, JPY, PLN, AUD, ZAR) and twelve funding routes including PayPal, Skrill, Neteller and crypto, with no fees charged by FxPro.
• Support is 24/5 in a dozen languages and reachable by WhatsApp and Telegram as well as the usual phone, email and chat.

Cons

• The Standard account is not cheap: EUR/USD averages around 1.4 pips with independent measurements running as high as 1.6, well above a raw-spread account's all-in cost.
• Inactivity charges start early — a one-off USD 15 after six months, then USD 5 every month the account stays dormant and funded.
• Everything is a CFD. There are no real shares, no ETFs you can hold, no bonds and no exchange-listed futures — only derivatives with overnight financing attached.
• Education is the weakest dimension: adequate video and article material, but well behind brokers that treat beginner training as a product.
• FxPro Edge, the proprietary platform, has no mobile version, so the mobile experience falls back to a comparatively basic app.
• The offshore Bahamas entity offers much higher leverage than the FCA and CySEC books, which means the protections you get depend heavily on which entity onboards you.

Pros

• Raw account priced at USD 3 per lot per side with EUR/USD spreads measured at 0.1 pips — roughly USD 7 all-in per standard-lot round turn
• No deposit fee, no withdrawal fee, and a currency conversion mark-up measured at about 0.01%, an order of magnitude below typical retail brokers
• Real exchange-traded futures and options on CME, NYMEX, COMEX, CBOT and EUREX from USD 0.85 per micro contract with a USD 0.00 minimum ticket fee
• IBKR Multi-Asset Account added in July 2026 brings genuine share, ETF, bond and fund ownership at USD 0.35 per US order, with fractional trading
• FCA authorisation (register number 717270) with GBP 85,000 FSCS cover on the UK entity, plus CySEC 278/15 for EEA clients
• Fully digital onboarding that clears in about a day, a 100 minimum deposit, and five base currencies including CHF and PLN
• Pays 1.8% interest on idle USD and GBP cash for accounts that stay active — rare among CFD brokers
• Every strategy allowed on both accounts: scalping, hedging and Expert Advisors, with FIX connectivity and VPS for automated systems

Cons

• The entire retail offering runs on MetaTrader 4 and 5 — dated design, a thin news feed, and no two-step or biometric login on the mobile app
• Research is licensed in rather than produced: Acuity, Signal Centre and calendar widgets, with no house analyst view of any substance
• Protection varies enormously by entity, and clients booked with Tickmill Ltd in the Seychelles get no investor compensation scheme at all
• Privately held with no public financials and no banking licence, so the capital position behind your account is not independently visible
• Aggregated public sentiment through mid-2026 repeatedly flags withdrawal delays, extra verification demands and slippage around news events
• No German or Austrian tax withholding: Tickmill is not an Abgeltungsteuer or KESt agent, so DACH clients must declare every gain themselves