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Our top alternative brokers to Tickmill
AxiTrader
4.4
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67.7% of retail CFD accounts lose money
FXCM
4.4
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75.38% of retail CFD accounts lose money
Our top alternative brokers to Tickmill
AxiTrader
4.4
Get started
67.7% of retail CFD accounts lose money
FXCM
4.4
Get started
75.38% of retail CFD accounts lose money
Tickmill Alternatives

The best alternatives to Tickmill are

  1. AxiTrader - Australian forex broker
  2. FXCM - UK-based forex broker
  3. Fusion Markets - Australian forex broker

Let's see in a bit more detail how the Tickmill alternatives compare to Tickmill and each other:

Tickmill alternatives comparison
Tickmill AxiTrader FXCM Fusion Markets
Overall score 4.6 4.4 4.4 4.4
Fees score 4.8 stars 4.5 stars 3.7 stars 4.8 stars
Account opening score 5.0 stars 4.4 stars 4.4 stars 5.0 stars
Deposit and withdrawal score 4.5 stars 4.8 stars 4.0 stars 4.4 stars
Web platform score 2.8 stars 2.6 stars 3.3 stars 2.8 stars
Markets and products score 1.4 stars 1.8 stars 1.6 stars 1.8 stars
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73% of retail CFD accounts lose money
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67.7% of retail CFD accounts lose money
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75.38% of retail CFD accounts lose money
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74-89% of retail CFD accounts lose money

Why are these brokers considered good alternatives to Tickmill? There are many areas based on which Tickmill can be compared with others. When we say a given online broker is a good alternative to Tickmill we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Tickmill alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Tickmill is recommended for forex traders looking for low fees and prefer metatrader 4 platform
  • AxiTrader is recommended for forex traders familiar with the metatrader 4 platform
  • FXCM is recommended for forex traders looking for easy account opening, funding and withdrawal
  • Fusion Markets is recommended for forex traders looking for low fees and a chance to use the metatrader 4 platform

Important factors of finding Tickmill alternatives

So far BrokerChooser has reviewed 71 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Tickmill or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Tickmill is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Tickmill alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Tickmill this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at Tickmill, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Tickmill alternative is a must.


Now let's dive into the details of how Tickmill and its alternatives perform in the most important areas!

Tickmill alternatives
Tickmill

Tickmill is a global forex and CFD broker, established in 2014. The company is regulated by the Financial Conduct Authority, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority of Seychelles. 

Tickmill is considered safe because it is regulated by the top-tier FCA.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders looking for low fees and prefer metatrader 4 platform

Pros Cons
Low fees Only forex and CFDs
Great account opening Trading platforms with outdated design
Free deposit and withdrawal Basic news feeds

Get started
73% of retail CFD accounts lose money

Fees
4.8

Tickmill has great fees. Both the forex and CFD trading fees are low. There is no fee charged for deposit, withdrawal, or inactivity.
Pros Cons
Low forex fees None
No withdrawal fee
No inactivity fee
Tickmill alternatives trading fees
Tickmill AxiTrader FXCM Fusion Markets
EURUSD benchmark fee $9.2 $13.8 $16.9 $12.8
EURGBP benchmark fee $8.6 $11.0 $12.9 $8.7

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

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73% of retail CFD accounts lose money

Account opening
5.0

Tickmill has a fast and easy account opening. Our account was verified within one business day. The minimum deposit is low, $100 for all account types, except VIP.
Pros Cons
Fast None
Fully digital
Low minimum deposit
Tickmill alternatives minimum deposit and account open times
Tickmill AxiTrader FXCM Fusion Markets
Minimum deposit $100 $0 $300 $0
Time to open account 1 day 1-3 days 1-3 days 1 day

Learn more about Tickmill minimum deposit here.

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73% of retail CFD accounts lose money

Deposit and withdrawal
4.5

Tickmill's deposit and withdrawal are fast and free of charge. There is a wide range of options you can use: bank transfer, credit/debit cards, or electronic wallets. On the other hand, the number of available account base currencies is low.
Pros Cons
Free withdrawal Few account base currencies
No deposit fee
Several account base currencies
Tickmill and alternatives withdrawal options and fees
Tickmill AxiTrader FXCM Fusion Markets
Bank Transfer Yes Yes Yes Yes
Credit/Debit card Yes No Yes Yes
Electronic wallets Yes Yes Yes No
Withdrawal fee $0 $0 $0 $0

Get started More
73% of retail CFD accounts lose money

Web trading platform
2.8

Tickmill's web trading platform is provided by MetaTrader. It is highly customizable and has a clear fee report. On the other hand, the platform lacks price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Tickmill - Web trading platform
Tickmill and alternatives trading platform scores
Tickmill AxiTrader FXCM Fusion Markets
Web platform score 2.8 stars 2.6 stars 3.3 stars 2.8 stars
Mobile platform score 3.8 stars 3.8 stars 3.0 stars 3.8 stars
Desktop platform score 3.3 stars 3.3 stars 3.3 stars 3.3 stars

Learn more about Tickmill's web trading platform in the detailed Tickmill review.

Get started
73% of retail CFD accounts lose money

Markets and products
1.4

At Tickmill, you can trade only CFDs on forex, stock indices, commodities, and German government bonds. Popular asset classes, such as stocks, ETFs, mutual funds, bonds and options are missing.
Tickmill and alternatives markets and products
Tickmill AxiTrader FXCM Fusion Markets
Stock No No No No
ETF No No No No
Forex Yes Yes Yes Yes
Fund No No No No
Bond No No No No
Options No No No No
Futures No No No No
CFD Yes Yes Yes Yes
Crypto No Yes Yes Yes

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73% of retail CFD accounts lose money

Verdict

Tickmill is a low-cost forex and CFD broker, regulated by several authorities globally, including the top-tier FCA.

On the plus side, we liked the low forex and CFD fees. The account opening is seamless and there are a lot of free deposit/withdrawal options.

Tickmill has some drawbacks though. Its product range is limited to forex, CFDs on some stock indexes and commodities. Trading platforms have outdated design and the news feeds are basic.

We recommend Tickmill for those who are interested in CFD and forex trading and prefer MetaTrader trading platforms. Feel free to test it via the demo account.

Tickmill
Summary Tickmill is a low-cost forex and CFD broker. It is regulated by different financial authorities, including the top-tier FCA.
Fees score 4.8 stars
Recommended for Forex traders looking for low fees and prefer MetaTrader 4 platform

Get started More
73% of retail CFD accounts lose money

Tickmill alternatives
AxiTrader

AxiTrader was founded in 2007 and is an Australian forex broker. It is regulated by multiple financial authorities worldwide, such as the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Dubai Financial Services Authority (DFSA).

As such, AxiTrader is considered safe because it is regulated by several top-tier authorities.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders familiar with the metatrader 4 platform

Pros Cons
Low trading fees and no inactivity fee Offers only forex and CFD trading
No withdrawal and deposit fees Limited research tools
Fully digital account opening Slow email support

Get started
67.7% of retail CFD accounts lose money

Fees
4.5

AxiTrader has low forex and CFD fees. There is no withdrawal fee and the inactivity fee is low.
Pros Cons
Low non-trading fees None
Low forex fees
Low CFD fees
Tickmill vs. AxiTrader: Trading fees
AxiTrader Tickmill
EURUSD benchmark fee $13.8 $9.2
EURGBP benchmark fee $11.0 $8.6

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Get started More
67.7% of retail CFD accounts lose money

Account opening
4.4

Account opening at AxiTrader is user-friendly and fully digital but it takes a bit longer than at similar online brokers.
Pros Cons
Fully digital Slower account opening time
No minimum deposit
Low minimum deposit
Tickmill vs. AxiTrader: Minimum deposit, time to open an account
AxiTrader Tickmill
Minimum deposit $0 $100
Time to open account 1-3 days 1 day

If you are interested more in AxiTrader minimum deposit, this overview will help you.

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67.7% of retail CFD accounts lose money

Deposit and withdrawal
4.8

AxiTrader charges neither deposit nor withdrawal fees. For depositing, you can use bank transfer, credit/debit cards and electronic wallets. Nevertheless, credit/debit card withdrawal is not possible.
Pros Cons
Free withdrawal No credit/debit card withdrawal
No deposit fee
Tickmill vs. AxiTrader: Withdrawal options
AxiTrader Tickmill
Bank Transfer Yes Yes
Credit/Debit card No Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Get started More
67.7% of retail CFD accounts lose money

Web trading platform
2.6

The web trading platform of AxiTrader is provided by MetaTrader. It is highly customizable, available in a lot of languages, and has a clear fee report. On the other hand, it lacks a two-step login, price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation
Web trading platform of AxiTrader, a Tickmill alternative
Tickmill vs. AxiTrader: Trading platform scores
AxiTrader Tickmill
Web platform score 2.6 stars 2.8 stars
Mobile platform score 3.8 stars 3.8 stars
Desktop platform score 3.3 stars 3.3 stars

Learn more about AxiTrader's web trading platform in the detailed AxiTrader review.

Get started
67.7% of retail CFD accounts lose money

Markets and products
1.8

AxiTrader offers only forex and CFD trading.
Tickmill vs. AxiTrader: Markets and products
AxiTrader Tickmill
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes No

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67.7% of retail CFD accounts lose money

Verdict

AxiTrader is regulated by multiple authorities globally, like the UK's FCA and ASIC in Australia.

On the plus side, trading fees are low and no inactivity fee is charged. Depositing and withdrawals are also free of charge. Account opening is easy and fully digital, without any minimum deposit, which is also great.

AxiTrader has some drawbacks, though. Its product range is limited to FX and CFDs, and its research tools lack recommendations and fundamental data. In addition, customer support is only 24/5 and email support is slow. 

Feel free to try AxiTrader, as the trading fees are low and there are no deposit, withdrawal or inactivity fees.
 

AxiTrader
Summary AxiTrader is an Australian forex broker, regulated by top-tier authorities such as the UK FCA or Australia's ASIC.
Fees score 4.5 stars
Recommended for Forex traders familiar with the MetaTrader 4 platform

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67.7% of retail CFD accounts lose money

Tickmill alternatives
FXCM

FXCM, or Forex Capital Markets, is a UK-based broker offering forex and CFDs trading. FXCM was established in 1999 and is 100% owned by the Jefferies Financial Group, which is listed on the New York Stock Exchange and has a background in investment banking.

FXCM is considered safe as it has a long track record, a strong parent company, and is regulated by top-tier financial authorities like the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.38% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders looking for easy account opening, funding and withdrawal

Pros Cons
Fast and straightforward account opening Limited product portfolio
Good technical research tools High bank withdrawal fees
High-quality educational content No two-step authentication on trading platforms

Get started
75.38% of retail CFD accounts lose money

Fees
3.7

FXCM has low trading fees and average non-trading fees. There are no account, deposit, or credit/debit card withdrawal fees. However, you have to pay a $50 fee after one year of inactivity and bank withdrawal can be costly.
Pros Cons
Low trading fees Inactivity fee after one year
Low CFD fees
Tickmill vs. FXCM: Trading fees
FXCM Tickmill
EURUSD benchmark fee $16.9 $9.2
EURGBP benchmark fee $12.9 $8.6

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Get started More
75.38% of retail CFD accounts lose money

Account opening
4.4

The account opening process at FXCM is hassle-free, but the minimum deposit is $360 (£300) in Europe and $50 in non-EU countries. Also, the account opening time is longer than usual.
Pros Cons
Fully digital Slower than at most forex brokers
Low minimum deposit
User-friendly
Tickmill vs. FXCM: Minimum deposit, time to open an account
FXCM Tickmill
Minimum deposit $300 $100
Time to open account 1-3 days 1 day

If you are interested more in FXCM minimum deposit, this overview will help you.

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75.38% of retail CFD accounts lose money

Deposit and withdrawal
4.0

There are multiple options both for deposits and withdrawals, but bank withdrawals have high fees and only a few account currencies are available.
Pros Cons
Credit/Debit card available High bank withdrawal fees
No deposit fee No minor account base currencies are accepted
Free credit/debit card withdrawal
Tickmill vs. FXCM: Withdrawal options
FXCM Tickmill
Bank Transfer Yes Yes
Credit/Debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Get started More
75.38% of retail CFD accounts lose money

Web trading platform
3.3

FXCM's web trading platform is extremely customizable, provides a wide range of order types and has a great search function. On the other hand, it lacks two-step authentication and price alerts.
Pros Cons
Good search function No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Good variety of order types
Web trading platform of FXCM, a Tickmill alternative
Tickmill vs. FXCM: Trading platform scores
FXCM Tickmill
Web platform score 3.3 stars 2.8 stars
Mobile platform score 3.0 stars 3.8 stars
Desktop platform score 3.3 stars 3.3 stars

Learn more about FXCM's web trading platform in the detailed FXCM review.

Get started
75.38% of retail CFD accounts lose money

Markets and products
1.6

FXCM provides only forex and CFDs (on stocks, stock indices, commodities and cryptos). Popular asset classes, like real stocks and bonds, are not available for trading.
Tickmill vs. FXCM: Markets and products
FXCM Tickmill
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes No

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75.38% of retail CFD accounts lose money

Verdict

FXCM is a great forex and CFD broker. It has a strong parent company and is regulated by multiple top-tier financial authorities, including the FCA and ASIC.

FXCM has a great account opening process, and its technical research and educational tools are high-quality and well-organized.

On the other hand, FXCM's product selection is limited to only forex, CFDs and cryptos. Bank withdrawal fees are high and trading platforms lack a secure two-step login. 

Feel free to try FXCM, as their minimum deposit requirement is low and the inactivity fee only kicks in after a year.

FXCM
Summary FXCM is a UK-based broker offering forex and CFD trading. It is regulated by the FCA and Australia's ASIC.
Fees score 3.7 stars
Recommended for Forex traders looking for easy account opening, funding and withdrawal

Get started More
75.38% of retail CFD accounts lose money

Tickmill alternatives
Fusion Markets

Fusion Markets is an Australian forex broker. It was founded in 2010 and is regulated by both the Australian Securities and Investments Commission (ASIC) and Vanuatu Financial Services Commission (VFSC) depending on your residency.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders looking for low fees and a chance to use the metatrader 4 platform

Pros Cons
Low trading and non-trading fees Basic research tools
Fast and easy account opening Limited educational tools
Great customer service Limited product portfolio

Get started
74-89% of retail CFD accounts lose money

Fees
4.8

Fusion Markets has low forex fees and charges neither an inactivity fee nor a withdrawal fee.
Pros Cons
Low non-trading fees None
Low forex fees
No withdrawal fee
No inactivity fee
Tickmill vs. Fusion Markets: Trading fees
Fusion Markets Tickmill
EURUSD benchmark fee $12.8 $9.2
EURGBP benchmark fee $8.7 $8.6

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Get started More
74-89% of retail CFD accounts lose money

Account opening
5.0

Account opening at Fusion Markets is user-friendly and fully digital. It is also very fast, as it took only one day to get our account approved.
Pros Cons
Fast None
Fully digital
No minimum deposit
Tickmill vs. Fusion Markets: Minimum deposit, time to open an account
Fusion Markets Tickmill
Minimum deposit $0 $100
Time to open account 1 day 1 day

If you are interested more in Fusion Markets minimum deposit, this overview will help you.

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74-89% of retail CFD accounts lose money

Deposit and withdrawal
4.4

Fusion Markets doesn't charge fees for deposits and most withdrawal options. You can use a bank transfer, credit/debit cards, and electronic wallets for transferring money but the withdrawal is slow.
Pros Cons
Credit/Debit card available Slow withdrawal - over 3 days
Free withdrawal
No deposit fee
Tickmill vs. Fusion Markets: Withdrawal options
Fusion Markets Tickmill
Bank Transfer Yes Yes
Credit/Debit card Yes Yes
Electronic wallets No Yes
Withdrawal fee $0 $0

Get started More
74-89% of retail CFD accounts lose money

Web trading platform
2.8

The web trading platform of Fusion Markets is provided by MetaTrader. It is highly customizable and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Web trading platform of Fusion Markets, a Tickmill alternative
Tickmill vs. Fusion Markets: Trading platform scores
Fusion Markets Tickmill
Web platform score 2.8 stars 2.8 stars
Mobile platform score 3.8 stars 3.8 stars
Desktop platform score 3.3 stars 3.3 stars

Learn more about Fusion Markets's web trading platform in the detailed Fusion Markets review.

Get started
74-89% of retail CFD accounts lose money

Markets and products
1.8

Fusion Markets gives access to a lot of currency pairs and some CFDs. On the other hand, it lacks a lot of popular asset classes, such as real stocks, ETFs, funds, etc.
Tickmill vs. Fusion Markets: Markets and products
Fusion Markets Tickmill
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes No

Get started More
74-89% of retail CFD accounts lose money

Verdict

Fusion Markets is a great forex broker. 

It offers low trading and non-trading fees. Account opening is fast and easy. Customer service gives quick and relevant answers.

On the negative side, Fusion Markets has limited research and educational tools. The product offering covers only forex and some CFDs.

As you will have an account within a day and there are low fees, feel free to try Fusion Markets.

Fusion Markets
Summary Fusion Markets is an Australia-based forex broker, regulated by the ASIC.
Fees score 4.8 stars
Recommended for Forex traders looking for low fees and a chance to use the MetaTrader 4 platform

Get started More
74-89% of retail CFD accounts lose money

Tickmill alternatives
Bottom line

Based on our analysis, there are several good alternatives to Tickmill. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Tickmill alternatives
Broker Info Recommended for
Tickmill Global forex broker Forex traders looking for low fees and prefer MetaTrader 4 platform
AxiTrader Australian forex broker Forex traders familiar with the MetaTrader 4 platform
FXCM UK-based forex broker Forex traders looking for easy account opening, funding and withdrawal
Fusion Markets Australian forex broker Forex traders looking for low fees and a chance to use the MetaTrader 4 platform

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Ádám Nasli

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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