Octa vs Tickmill: The Ultimate 2026 Comparison
Octa and Tickmill are two popular value-focused brokers with very different strengths. Octa offers a $25 entry, commission-free trading and a modern proprietary platform; Tickmill brings FCA regulation with FSCS protection and tight raw commissions. Here is the 2026 breakdown.
Octa
Tickmill
Octa vs Tickmill: 2026 at a glance
| Feature | Octa | Tickmill |
|---|---|---|
| Founded / HQ | 2011 / Cyprus (offshore group) | 2014 / London (offshore entities) |
| Regulation | CySEC (EU), MISA (offshore) | FCA (UK, FSCS), CySEC, FSA Seychelles |
| Min deposit | $25 | $100 |
| EUR/USD spread | from 0.6 pip (commission-free) | ~1.7 pip (Classic) / from 0.0 (Raw) |
| Commission | None (all accounts) | None (Classic) / $6 RT (Raw) |
| Max leverage | Up to 1:1000 (EU/UK/AU 1:30) | 1:30 (FCA/CySEC); up to 1:500 (Seychelles) |
| Platforms | MT4, MT5, OctaTrader (AI) | MT4, MT5, web, mobile |
| Copy trading | Octa Copy (built-in) | Third-party tools |
| Safety highlight | CySEC + offshore MISA | FCA with FSCS protection (up to £85k) |
| Best for | Low-cost commission-free + copy trading | FCA-regulated raw trading |
Octa: low-cost, commission-free and copy-ready
Octa (formerly OctaFX) keeps things simple and cheap: commission-free, swap-free trading with EUR/USD spreads from 0.6 pips, across three account types on MT4, MT5 and its proprietary OctaTrader platform (which includes AI tools). The minimum deposit is just $25, and built-in Octa Copy lets users copy strategy providers (fees of 0-50% go to master traders).
It is CySEC-regulated in the EU but onboards most clients through an offshore MISA entity, with leverage up to 1:1000 (1:30 for EU/UK/AU retail).
Pros
- Very low $25 entry deposit
- Commission-free and swap-free on all accounts
- Proprietary OctaTrader app with AI tools
- Built-in Octa Copy trading
Cons
- Most clients onboard under offshore MISA (CySEC in EU only)
- No separate raw/ECN account (all spread-based)
- Only three account types
- EU/UK/AU clients capped at 1:30 leverage
Best for: Cost-sensitive traders who want commission-free trading, copy trading and a modern proprietary app.
Visit Octa →Tickmill: FCA protection and tight raw pricing
Tickmill is a well-established broker regulated by the FCA (with FSCS protection up to £85,000), CySEC and the FSA Seychelles, with over 625 million trades executed. Its commission-free Classic account averages ~1.7 pips on EUR/USD, while the Raw account offers spreads from 0.0 pips for a $6 round-turn commission. It also offers Islamic and Professional accounts.
Leverage is capped at 1:30 for FCA/CySEC retail clients, rising to 1:500 via the FSA Seychelles entity. Platforms are MT4, MT5 and web/mobile.
Pros
- FCA regulation with FSCS protection up to £85,000
- Raw account from 0.0 pips at $6 round turn
- Long track record (625M+ trades executed)
- Islamic and Professional account options
Cons
- Classic spreads are wide (~1.7 pip)
- FCA/CySEC retail leverage capped at 1:30
- Platforms limited to MT4/MT5 (no cTrader/TradingView)
- VIP low-commission tier discontinued
Best for: Traders who want FCA regulation with FSCS protection and low raw commissions.
Visit Tickmill →Head-to-head: the key differences
Value on both sides, but they optimise for different things. Here is what decides it.
Regulation
Tickmill holds an FCA (UK) licence with FSCS protection up to £85,000, a genuine Tier-1 safeguard Octa lacks (Octa is CySEC in the EU but MISA offshore for most clients). Safety-focused traders favour Tickmill.
Cost & pricing model
Octa is commission-free with spreads from 0.6 pips across all accounts; Tickmill splits into a wide commission-free Classic (~1.7 pip) and a Raw account (from 0.0 at $6 round turn). Casual traders may prefer Octa simplicity; active/scalping traders may prefer Tickmill Raw.
Entry & platforms
Octa is cheaper to start ($25 vs $100) and adds its proprietary OctaTrader (with AI tools) plus built-in Octa Copy; Tickmill sticks to MT4 and MT5. Beginners and copy traders lean Octa.
Leverage
Octa offers up to 1:1000 offshore; Tickmill up to 1:500 via the Seychelles entity. Both cap EU/UK retail clients at 1:30.
Final verdict
Choose Tickmill for FCA regulation with FSCS protection and tight raw commissions on a proven, long-running platform. Choose Octa for the lowest entry, commission-free swap-free trading, a modern proprietary app and built-in copy trading.
If regulatory protection is your priority, Tickmill has the edge; if low cost and copy trading matter most, Octa is compelling.
Frequently asked questions
Is Octa or Tickmill better regulated?
Tickmill holds an FCA (UK) licence with FSCS protection up to £85,000. Octa is CySEC-regulated in the EU but onboards most clients through an offshore MISA entity.
Which is cheaper to start?
Octa, at a $25 minimum deposit versus $100 at Tickmill.
How do their pricing models differ?
Octa is commission-free from 0.6 pips on all accounts. Tickmill has a commission-free Classic account (~1.7 pip) and a Raw account from 0.0 pips at a $6 round-turn commission.
What platforms do they support?
Octa offers MT4, MT5 and the proprietary OctaTrader (with AI tools). Tickmill offers MT4, MT5 and web/mobile platforms.
Which has built-in copy trading?
Octa has built-in Octa Copy (fees of 0-50% go to master traders). Tickmill relies on third-party copy tools.