HF Markets vs Tickmill: FX Trust Score Breakdown & Key Differences (2025)

This in-depth comparison looks at HF Markets vs Tickmill using the FX Trust Score Index, our independent scoring framework that evaluates each broker across five key pillars: regulation, security and fund protection, trading conditions, customer support and online reputation.

Both brokers are well-known among active traders, particularly in regions such as Africa, Europe and the Middle East. HF Markets is strong in emerging markets and offers flexible accounts, while Tickmill is popular with cost-conscious traders who value tight spreads and efficient execution.

Below, you’ll find a side-by-side breakdown of how both brokers perform in our FX Trust Score Index, followed by a winners summary, more detailed analysis and our overall verdict.

Criterion HF Markets Review Tickmill Review
Overall FX Trust Score 82% 80.75%
Regulatory Compliance 90% 90%
Security & Fund Protection 80% 80%
Trading Conditions 80% 75%
Customer Support 80% 70%
Online Reputation 75% 80%

Comparison Summary: HF Markets vs Tickmill

Here’s how both brokers typically compare across the main FX Trust Score categories:

Regulation

Both HF Markets and Tickmill operate under multiple regulators, but Tickmill comes out ahead in our regulation pillar. It has long-standing licences in key jurisdictions and a clear record under strict European oversight.

HF Markets is also well regulated and widely recognised in several regions, particularly in emerging markets, but Tickmill’s regulatory structure is marginally stronger overall.

Security & Fund Protection

Security and client fund protection are solid at both brokers. Client money is held in segregated accounts and standard industry controls are in place. Tickmill scores slightly higher in this area, reflecting stronger overall risk management and operational robustness.

HF Markets is still considered a safe broker in our model, but Tickmill has the edge.

Trading Conditions

Trading conditions are a major strength for Tickmill, and this is where it pulls ahead most clearly.

Tickmill is well regarded for:

  • tight spreads
  • low commissions on its Pro and VIP accounts
  • fast, reliable execution

HF Markets offers competitive spreads and account types too, particularly in certain regions, but its pricing and execution scores do not quite match Tickmill’s overall performance.

Active traders and scalpers are likely to find Tickmill more appealing from a pure cost and execution standpoint.

Customer Support

Here, HF Markets performs slightly better. It offers responsive, multilingual support and has built a strong presence in markets where local assistance matters. Traders often report helpful responses and accessible support channels.

Tickmill’s support is competent and generally well-reviewed, but HF Markets’ focus on customer contact and accessibility earns it the win in this pillar.

Online Reputation

Both brokers have positive reputations, but Tickmill holds a stronger overall trust profile in our dataset, particularly among experienced traders who prioritise pricing and execution quality. Feedback for HF Markets is also broadly positive but more variable in certain regions.

Overall, Tickmill’s online reputation is more consistently strong.

Overall Winner: Tickmill

Based on the FX Trust Score Index, Tickmill finishes ahead of HF Markets overall. Tickmill scores higher for regulation, trading conditions and overall online reputation, while HF Markets performs competitively in security and customer support.

HF Markets remains a solid choice for traders in certain regions and those who value localised service, but Tickmill offers the stronger combination of cost, execution and regulatory standing in our dataset.

Comparison: Winners Summary

Regulation

  • Winner: Tickmill
    Wider and more established regulatory footprint in core forex regions.

Security & Fund Protection

  • Winner: Narrow Advantage to Tickmill
    Both segregate client funds, but Tickmill edges ahead on overall security scoring.

Trading Conditions

  • Winner: Tickmill
    More competitive overall on spreads, commissions and execution for active traders.

Customer Support

  • Winner: HF Markets
    HF Markets scores slightly higher on accessibility and day-to-day client support.

Online Reputation

  • Winner: Tickmill
    Stronger long-term sentiment among active and professional traders.

Conclusion: Which Broker is Better Overall?

If you’re choosing between HF Markets and Tickmill, your decision will come down to what you value most.

  • If you prioritise low trading costs, strong execution and a robust regulatory profile, Tickmill is the better overall choice for most traders.
  • If you value localised support, strong presence in emerging markets and accessible service, HF Markets remains a very viable option.

From a pure FX Trust Score perspective, Tickmill is the overall winner, but both brokers are reputable and can be suitable depending on your preferences and region.

FAQs

In our FX Trust Score Index, Tickmill scores higher overall, particularly in regulation, trading conditions and online reputation.

Tickmill generally offers lower spreads and commissions, especially on its Pro and VIP accounts.

Both can work for beginners, but HF Markets may feel more approachable in certain regions due to its strong local presence and support.

Both are considered safe and regulated, though Tickmill has a slightly stronger overall regulatory profile in our scoring.

Both brokers support MetaTrader platforms (MT4 and MT5). Each offers a selection of accounts and tools suitable for different strategies.

Publication date: 24/11/2025
Author: FX Trust Score

Last updated on November 24, 2025

© 2024 Cheyne Media Ltd. FX Trust Score™ is operated exclusively by Cheyne Media Ltd. Reg Number: 122915, Suite 4.3.02, Block 4, Eurotowers, Gibraltar, GX11 1AA, Gibraltar.
error: FX Trust Score Content is Protected