Compare Oanda vs Tickmill


Online brokers compared for fees, trading platforms, safety and more. See how Oanda stacks up against Tickmill!

Oanda vs Tickmill
overall rating
4.6
4.6
overall pros
  • Generally low fees
  • Easy-to-use web trading platform
  • Easy and digital account opening
  • Low fees
  • Great account opening
  • Free deposit and withdrawal
overall cons
  • Only FX and some CFDs
  • Poor customer service
  • High bank withdrawal fee
  • Only forex and CFDs
  • Trading platforms with outdated design
  • Basic news feeds
fees
4.5
  • Low trading fees
  • Low forex fees
  • No withdrawal fee
  • No withdrawal fee in most cases
  • High withdrawal fee for bank transfers
4.9
  • Low trading fees
  • No withdrawal fee
  • No inactivity fee
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Issues with ID verification can slow account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.2
  • Credit/Debit card available
  • No deposit fee
  • Withdrawal is free for PayPal and for the first debit card transaction each month
  • High withdrawal fee for bank transfers
4.5
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Few account base currencies
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No price alerts
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.5
  • Forex
  • CFD
1.4
  • Forex
  • CFD
research
4.8
  • Good interactive chart
  • Quality news flow
  • User-friendly
  • Great API
  • Research tools are poorly organized
3.3
  • Autochartist integrated
  • Great analysis written by Tickmill experts
  • Great economic calendar
  • Poor design of charting tools
  • Limited news feed
customer service
3.4
  • Phone support
  • Live chat
  • No 24/7 support
  • Speed could be improved
4.0
  • Live chat
  • Relevant answers
  • Available in local languages
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Materials are not well-organized
4.0
  • Demo account
  • Educational videos
  • Good production quality
  • Platform videos are not categorized
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Forex traders who value a user-friendly platform and great research tools Forex traders looking for low fees and prefer MetaTrader 4 platform
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