The best alternatives to Tickmill are
- XM - Global CFD and forex broker
- Admirals (Admiral Markets) - Global forex and CFD broker
- FXCM - Global forex broker
- ActivTrades - Global CFD and forex broker
Let's see in a bit more detail how the Tickmill alternatives compare to Tickmill and each other:
| Tickmill | XM | Admirals (Admiral Markets) | FXCM | ActivTrades | |
|---|---|---|---|---|---|
| Overall score | 4.6 stars | 4.2 stars | 4.7 stars | 4.4 stars | 4.4 stars |
| Fees score | 4.3 stars | 3.7 stars | 3.9 stars | 4.0 stars | 4.3 stars |
| Account opening score | 5.0 stars | 5.0 stars | 5.0 stars | 4.2 stars | 5.0 stars |
| Deposit and withdrawal score | 4.5 stars | 5.0 stars | 5.0 stars | 4.0 stars | 4.5 stars |
| Web platform score | 2.8 stars | 2.8 stars | 2.8 stars | 3.3 stars | 4.4 stars |
| Markets and products score | 2.4 stars | 2.5 stars | 3.9 stars | 1.7 stars | 1.9 stars |
|
Visit broker
74.89% of retail CFD accounts lose money |
Visit broker
81% of retail CFD accounts lose money |
Visit broker
71% of retail CFD accounts lose money |
Visit broker
73-85% 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 who are familiar with the metatrader 4 platform
- XM is recommended for forex and cfd traders who prefer metatrader platforms and seek great account opening
- Admirals (Admiral Markets) is recommended for forex traders who are familiar with metatrader trading platforms
- FXCM is recommended for forex traders looking for easy account opening, funding and withdrawal
- ActivTrades is recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions
Important factors of finding Tickmill alternatives
So far BrokerChooser has reviewed 102 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
XM
XM is an online broker whose parent company is Trading Point Holding, a global CFD and FX broker founded in 2009.
XM is available globally and is regulated by three financial authorities: the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC) and the Financial Services Commission of Belize (FSC).
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 and cfd traders who prefer metatrader platforms and seek great account opening
| Pros | Cons |
|---|---|
| • Low stock CFD and withdrawal fees | • Limited product portfolio |
| • Easy and fast account opening | • Average forex and stock index CFD fees |
| • Great educational tools | • No investor protection for non-EU clients |
Fees
XM has low trading fees for CFDs and charges no withdrawal fee. On the other hand, forex and stock index fees are only average, and there is a fee for inactivity.
| Pros | Cons |
|---|---|
| • No withdrawal fee | • Inactivity fee |
| • Low stock CFD fees | • Average FX fees |
| XM | Tickmill | |
|---|---|---|
| Apple benchmark fee | $6.7 | - |
| Vodafone benchmark fee | $2.3 | - |
| EURUSD benchmark fee | $17.5 | $12.5 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
XM account opening is hassle-free and straightforward. You may be able to start using your account already on the same day.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • Low minimum deposit |
| XM | Tickmill | |
|---|---|---|
| Minimum deposit | $5 | $100 |
| Time to open account | 1 day | 1 day |
If you are interested more in XM minimum deposit, this overview will help you.
Deposit and withdrawal
XM's deposit and withdrawal processes are fast and inexpensive, and offer you several options.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | None |
| • Several account base currencies | |
| • Free wire withdrawal above $200 |
| XM | Tickmill | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | Yes |
| Withdrawal fee | $0 | $0 |
Web trading platform
XM'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 |
| XM | Tickmill | |
|---|---|---|
| Web platform score | 2.8 stars | 2.8 stars |
| Mobile platform score | 3.8 stars | 3.8 stars |
| Desktop platform score | 3.4 stars | 3.4 stars |
Learn more about XM's web trading platform in the detailed XM review.
Markets and products
CFDs and forex are available for all clients, but real stocks only for clients under the IFSC-regulated entity. Popular asset classes, like real ETFs, bonds or options are missing.
| XM | Tickmill | |
|---|---|---|
| Stocks | Yes | No |
| ETFs | No | No |
| Forex | Yes | Yes |
| Funds | No | No |
| Bonds | No | No |
| Options | No | Yes |
| Futures | No | Yes |
| CFDs | Yes | Yes |
| Crypto | No | Yes |
Verdict
XM is regulated by several authorities globally, including the top-tier ASIC.
On the plus side, we liked the low stock CFD and withdrawal fees. The account opening process is seamless and hassle-free, and the broker offers a wide range of educational tools of great quality.
XM has some drawbacks though. Its product range is limited to forex and CFDs. Its forex and stock index CFD fees are average, and non-EU customers are not covered by any investor protection.
We recommend XM for those who are interested in CFD and forex trading and prefer MetaTrader trading platforms. Feel free to test it via the demo account.
| XM | |
|---|---|
| Summary | XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC. |
| Fees score | 3.7 stars |
| Recommended for | Forex and CFD traders who prefer MetaTrader platforms and seek great account opening |
Tickmill alternatives
Admirals (Admiral Markets)
Admirals (Admiral Markets) is a Global forex and CFD broker founded in 2001. It is overseen by multiple regulators in the various regions it serves. These regulators are the UK's Financial Conduct Authority (FCA), the Estonian Financial Supervision Authority (EFSA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investment Commission (ASIC) and the Jordan Securities Commission (JSC). Of these, the FCA and the ASIC are top-tier financial authorities.
Admirals is considered safe because it has a long track record, discloses its financials, and its parent company, the Admirals Group is listed on a stock exchange.
Admirals was formerly called Admiral Markets, but it is currently going trough a rebranding process. This should be of no concern to clients, as this doesn't affect the broker's services in any negative way.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% 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 who are familiar with metatrader trading platforms
| Pros | Cons |
|---|---|
| • Low forex CFD fees | • Product portfolio limited mostly to CFDs |
| • Free and fast deposit and withdrawal | • Inactivity fee |
| • Straightforward account opening | • No 24/7 customer service |
Fees
Admirals (Admiral Markets) has low trading fees, especially when it comes to forex. On the negative side, it charges an inactivity fee.
| Pros | Cons |
|---|---|
| • Low trading fees | • Inactivity fee |
| • No withdrawal fee |
| Admirals (Admiral Markets) | Tickmill | |
|---|---|---|
| Apple benchmark fee | $4.6 | - |
| Vodafone benchmark fee | $12.1 | - |
| EURUSD benchmark fee | $15.1 | $12.5 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
The account opening and verification process is fast and fully digital. The minimum deposit is $100, which is definitely not excessive.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • Low minimum deposit |
| Admirals (Admiral Markets) | Tickmill | |
|---|---|---|
| Minimum deposit | $100 | $100 |
| Time to open account | 1 day | 1 day |
If you are interested more in Admirals (Admiral Markets) minimum deposit, this overview will help you.
Deposit and withdrawal
Admirals charges no deposit or withdrawal fees. You can use cards, bank transfer or e-wallets for deposit and withdrawal, but some e-wallet options aren't available for all clients.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • E-wallet options aren't available for all customers |
| • Free withdrawal | |
| • No deposit fee |
| Admirals (Admiral Markets) | Tickmill | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | Yes |
| Withdrawal fee | $0 | $0 |
Web trading platform
Admirals uses the MetaTrader web trading platform. It is highly customizable and has a clear fee report, but its design is outdated and it lacks a two-step login and price alerts.
| Pros | Cons |
|---|---|
| • Clear fee report | • No two-step (safer) login |
| • Good customizability (for charts, workspace) | • No price alerts |
| • Order confirmation |
| Admirals (Admiral Markets) | Tickmill | |
|---|---|---|
| Web platform score | 2.8 stars | 2.8 stars |
| Mobile platform score | 3.8 stars | 3.8 stars |
| Desktop platform score | 3.4 stars | 3.4 stars |
Learn more about Admirals (Admiral Markets)'s web trading platform in the detailed Admirals (Admiral Markets) review.
Markets and products
For most users, Admirals (Admiral Markets) mainly provides forex, CFD and cryptos. For those using the Invest.MT5 account type, it offers real stocks and ETFs as well.
| Admirals (Admiral Markets) | Tickmill | |
|---|---|---|
| Stocks | Yes | No |
| ETFs | Yes | No |
| Forex | Yes | Yes |
| Funds | No | No |
| Bonds | No | No |
| Options | No | Yes |
| Futures | No | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
Admirals (Admiral Markets) is a great CFD broker. It is regulated by several financial authorities globally, including the UK's FCA and Australia's ASIC.
On the plus side, Admirals' CFD trading fees are low, while forex fees aren't high either. We also liked that the deposit and withdrawal process is fast and mostly free. The account opening process is seamless, hassle-free and quick.
Admirals has some drawbacks, though. The product range is mainly limited to CFDs, although real stock and ETF trading is available for one specific account type.
We recommend Admirals for clients interested in forex or CFD trading who want to enjoy great deposit and withdrawal options along with fast account opening. Feel free to test it using a demo account.
| Admirals (Admiral Markets) | |
|---|---|
| Summary | Admirals is a global forex and CFD broker, which is regulated by several authorities, including the top-tier FCA and ASIC. |
| Fees score | 3.9 stars |
| Recommended for | Forex traders who are familiar with MetaTrader trading platforms |
Tickmill alternatives
FXCM
FXCM is a UK-based broker offering CFD trading on shares, stock indices, forex, commodities and cryptos. FXCM was established in 1999 and its majority owner is the Jefferies Financial Group, which is listed on the New York Stock Exchange and has a background in merchant 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). It is also regulated by the Cyprus Securities and Exchange Commission (CySEC) and South Africa’s Financial Sector Conduct Authority (FSCA).
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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 |
Fees
FXCM has average forex and 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 |
|---|---|
| • No withdrawal fee | • Inactivity fee after one year |
| • High bank withdrawal fees |
| FXCM | Tickmill | |
|---|---|---|
| EURUSD benchmark fee | $15.9 | $12.5 |
| EURGBP benchmark fee | $14.2 | $9.0 |
Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.
Account opening
The account opening process at FXCM is hassle-free, but the minimum deposit is $50 in Europe and in non-EU countries as well. Also, the account opening time is longer than usual.
| Pros | Cons |
|---|---|
| • Fully digital | • Slower than at most forex brokers |
| • Low minimum deposit | |
| • User-friendly |
| FXCM | Tickmill | |
|---|---|---|
| Minimum deposit | $50 | $100 |
| Time to open account | 1-3 days | 1 day |
If you are interested more in FXCM minimum deposit, this overview will help you.
Deposit and withdrawal
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 |
| FXCM | Tickmill | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | Yes |
| Withdrawal fee | $0 | $0 |
Web trading platform
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.
| Pros | Cons |
|---|---|
| • Good search function | • No two-step (safer) login |
| • Good customizability (for charts, workspace) | • No price alerts |
| • Good variety of order types |
| FXCM | Tickmill | |
|---|---|---|
| Web platform score | 3.3 stars | 2.8 stars |
| Mobile platform score | 4.5 stars | 3.8 stars |
| Desktop platform score | 3.8 stars | 3.4 stars |
Learn more about FXCM's web trading platform in the detailed FXCM review.
Markets and products
FXCM provides only CFDs (on shares, stock indices, forex, commodities and cryptos). Popular asset classes, like real stocks and bonds, are not available for trading.
| FXCM | Tickmill | |
|---|---|---|
| Stocks | No | No |
| ETFs | No | No |
| Forex | Yes | Yes |
| Funds | No | No |
| Bonds | No | No |
| Options | No | Yes |
| Futures | No | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
FXCM is a great forex and CFD broker. Its majority economic owner is the Jefferies Financial Group. Also it is regulated by multiple top-tier financial authorities, including the FCA and ASIC.
FXCM’s technical research and educational tools are high-quality and well-organized.
On the other hand, FXCM's product selection is limited to only CFDs (on shares, stock indices, forex, commodities 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 | 4.0 stars |
| Recommended for | Forex traders looking for easy account opening, funding and withdrawal |
Tickmill alternatives
ActivTrades
ActivTrades is a global forex broker founded in 2001. It is regulated among others by the UK's Financial Conduct Authority (FCA) and the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg.
ActivTrades having a long track record and being regulated by the FCA, a top-tier financial authority, are all good signs for its safety.
ActivTrades operates both UK and EU websites (under the co.uk and .eu domains), as well as an international one (.com). Some products, fees and conditions may differ depending on the entity concerned.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73-85% 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 and cfd traders looking for low fees and great deposit/withdrawal conditions
| Pros | Cons |
|---|---|
| • Low trading fees | • Slim product portfolio |
| • Excellent account opening | • Basic research tools |
| • Free deposit and withdrawal | • Conversion fee |
Fees
ActivTrades has low CFD fees and average non-trading fees. As a plus, it charges no deposit and withdrawal fees in most cases.
| Pros | Cons |
|---|---|
| • Low CFD fees | • Conversion fee |
| • Low FX fees | |
| • No withdrawal fee |
| ActivTrades | Tickmill | |
|---|---|---|
| Apple benchmark fee | $4.5 | - |
| Vodafone benchmark fee | $6.7 | - |
| EURUSD benchmark fee | $14.2 | $12.5 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Account opening at ActivTrades is seamless and fully digital, taking just a few minutes to complete and verified within one business day.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • User-friendly |
| ActivTrades | Tickmill | |
|---|---|---|
| Minimum deposit | $500 | $100 |
| Time to open account | 1 day | 1 day |
If you are interested more in ActivTrades minimum deposit, this overview will help you.
Deposit and withdrawal
ActivTrades offers mostly free deposit and withdrawal options, including bank transfer, credit card and various e-wallets. On the negative side, minor currencies are not offered.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Minor account currencies not available |
| • Free withdrawal | |
| • No deposit fee |
| ActivTrades | Tickmill | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | Yes |
| Withdrawal fee | $0 | $0 |
Web trading platform
ActivTrades has its own web trading platform called ActivTrader. It's highly customizable, multilingual and has a clear fee report. On the other hand, there are no price alerts.
| Pros | Cons |
|---|---|
| • User-friendly | • No price alerts |
| • Clear fee report | |
| • Two-step (safer) login |
| ActivTrades | Tickmill | |
|---|---|---|
| Web platform score | 4.4 stars | 2.8 stars |
| Mobile platform score | 3.9 stars | 3.8 stars |
| Desktop platform score | 3.4 stars | 3.4 stars |
Learn more about ActivTrades's web trading platform in the detailed ActivTrades review.
Markets and products
At ActivTrades, you can only trade forex and other CFDs, including crypto. Other popular asset classes such as real stocks, bonds, funds or options are not available.
| ActivTrades | Tickmill | |
|---|---|---|
| Stocks | No | No |
| ETFs | No | No |
| Forex | Yes | Yes |
| Funds | No | No |
| Bonds | No | No |
| Options | No | Yes |
| Futures | No | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
All in all, ActivTrades is a good CFD/forex broker.
ActivTrades has low trading fees. The account opening is excellent and the deposits and withdrawals are free.
On the downside, its product portfolio is limited to just a few products, as it offers mainly CFDs and forex instruments. Research tools are basic, and there are no trading ideas or fundamental data. There is an inactivity fee as well as a charge for currency conversion.
As trading fees are low and your account will be ready quickly, we encourage you to try ActivTrades.
| ActivTrades | |
|---|---|
| Summary | ActivTrades is a UK CFD and forex broker. It is regulated by the FCA and is available globally for clients. |
| Fees score | 4.3 stars |
| Recommended for | Forex and CFD traders looking for low fees and great deposit/withdrawal conditions |
Tickmill alternatives
Tickmill
Tickmill is a global forex and CFD broker, established in 2014. The company is regulated by several financial authorities globally, including the top-tier Financial Conduct Authority (FCA) in the UK; and as such is considered a safe broker.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 who are familiar with the metatrader 4 platform
| Pros | Cons |
|---|---|
| • Low forex fees | • Outdated platform design and functions |
| • Fast and easy account opening | • Basic news feed |
| • Free deposit and withdrawal |
Fees
Tickmill has low forex fees and average CFD fees. There is no fee for deposit, withdrawal or inactivity.
| Pros | Cons |
|---|---|
| • Low forex fees | None |
| • No withdrawal fee | |
| • No inactivity fee |
| Tickmill | XM | Admirals (Admiral Markets) | FXCM | ActivTrades | |
|---|---|---|---|---|---|
| EURUSD benchmark fee | $12.5 | $17.5 | $15.1 | $15.9 | $14.2 |
| EURGBP benchmark fee | $9.0 | $15.5 | $15.7 | $14.2 | $12.8 |
Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.
Account opening
Tickmill has a fast and easy account opening process with quick verification. The minimum deposit is low at just $100.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • Low minimum deposit |
| Tickmill | XM | Admirals (Admiral Markets) | FXCM | ActivTrades | |
|---|---|---|---|---|---|
| Minimum deposit | $100 | $5 | $100 | $50 | $500 |
| Time to open account | 1 day | 1 day | 1 day | 1-3 days | 1 day |
Learn more about Tickmill minimum deposit here.
Deposit and withdrawal
Deposit and withdrawal are fast and free of charge, and can be done via bank transfer, credit/debit cards and e-wallets; though only a few account base currencies are available.
| Pros | Cons |
|---|---|
| • Free withdrawal | • Few account base currencies |
| • No deposit fee |
| Tickmill | XM | Admirals (Admiral Markets) | FXCM | ActivTrades | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes | Yes | Yes |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Web trading platform
Tickmill's web trading platform is provided by MetaTrader. It is highly customizable and has a clear fee report. However, the platform lacks price alerts and its 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 | XM | Admirals (Admiral Markets) | FXCM | ActivTrades | |
|---|---|---|---|---|---|
| Web platform score | 2.8 stars | 2.8 stars | 2.8 stars | 3.3 stars | 4.4 stars |
| Mobile platform score | 3.8 stars | 3.8 stars | 3.8 stars | 4.5 stars | 3.9 stars |
| Desktop platform score | 3.4 stars | 3.4 stars | 3.4 stars | 3.8 stars | 3.4 stars |
Learn more about Tickmill's web trading platform in the detailed Tickmill review.
Markets and products
You can trade CFDs on forex, stocks, stock indices, commodities and German government bonds. You can also trade options and futures, but popular asset clases such as ETFs, bonds or funds are missing.
| Tickmill | XM | Admirals (Admiral Markets) | FXCM | ActivTrades | |
|---|---|---|---|---|---|
| Stocks | No | Yes | Yes | No | No |
| ETFs | No | No | Yes | No | No |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Funds | No | No | No | No | No |
| Bonds | No | No | No | No | No |
| Options | Yes | No | No | No | No |
| Futures | Yes | No | No | No | No |
| CFDs | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | No | Yes | Yes | Yes |
Verdict
Tickmill is a low-cost forex and CFD broker, regulated by several authorities globally including the top-tier UK FCA.
On the plus side, we liked Tickmill's low forex fees. Account opening is seamless and there are many free deposit/withdrawal options.
Tickmill has some drawbacks though. The trading platforms have an outdated design, and the quality of some research tools is uneven.
We recommend Tickmill for those who are interested in CFD and forex trading and are familiar with the 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 several financial authorities, including the top-tier FCA. |
| Fees score | 4.3 stars |
| Recommended for | Forex traders looking for low fees who are familiar with the MetaTrader 4 platform |
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.
| Broker | Info | Recommended for |
|---|---|---|
| Tickmill | Global forex broker | Forex traders looking for low fees who are familiar with the MetaTrader 4 platform |
| XM | Global CFD and forex broker | Forex and CFD traders who prefer MetaTrader platforms and seek great account opening |
| Admirals (Admiral Markets) | Global forex and CFD broker | Forex traders who are familiar with MetaTrader trading platforms |
| FXCM | Global forex broker | Forex traders looking for easy account opening, funding and withdrawal |
| ActivTrades | Global CFD and forex broker | Forex and CFD traders looking for low fees and great deposit/withdrawal conditions |
Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.
