Written by ForexBrokers.com
In this head to head comparison of Tickmill vs DooPrime, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Tickmill and DooPrime are both online brokers established in 2014, neither being publicly traded or banking institutions. When it comes to regulation, Tickmill holds 2 Tier-1 licenses and 2 Tier-2 licenses, making it a broker with a strong regulatory standing according to ForexBrokers.com. In contrast, DooPrime possesses 4 Tier-1 licenses, reflecting its focus on higher-level regulatory certification, although it does not hold any Tier-2 licenses. This regulatory structure provides potential clients with an insight into the oversight each broker is subject to, influencing their perceived trustworthiness.
In terms of trust scores, Tickmill has achieved a rating of 86 out of 99, categorizing it as a trusted broker. Meanwhile, DooPrime also falls within the trusted range with a trust score of 83. These scores reflect both companies' adherence to regulatory standards and their commitment to providing a secure trading environment. When choosing an online broker, understanding these ratings and the regulatory licenses each holds can be beneficial for potential clients looking for trusted and reliable trading platforms.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Year Founded | 2014 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When comparing online brokers Tickmill and DooPrime based on their commissions and fees, Tickmill stands out as a top contender with a 5-star rating, ranking 4th out of 63 brokers according to ForexBrokers.com. Tickmill offers two distinct account options: Classic and Raw. The Classic account is commission-free, but traders should be aware of its higher average spreads at 1.76 pips as of August 2023. On the other hand, the Raw account, which replaced the Pro account, charges a commission of $3 per side or $6 per standard lot with significantly lower average spreads, such as 0.11 pips for EUR/USD, resulting in an all-in cost of approximately 0.71 pips for October 2023. The Raw account's attractive low spreads are a preferred choice for active traders, especially considering the minimum deposit requirement is as low as $100.
In contrast, DooPrime offers a less favorable fee structure, earning a 3-star rating and ranking 59th out of 63 brokers in the same category. Specific average spread data for DooPrime is unavailable, which can make it more challenging for traders to assess the true cost of trading with them. Without detailed information on their spreads, traders may find it difficult to compare DooPrime's rates to those of other brokers, like Tickmill, who provide precise data and competitive pricing.
Overall, for traders focused on minimizing costs, Tickmill's transparent pricing and consistently low spreads in its Raw account provide a compelling advantage over DooPrime's lack of detailed average spread information. This clarity and competitiveness make Tickmill a top choice for those prioritizing cost-efficiency in their trading strategies.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.51 | N/A |
| All-in Cost EUR/USD - Active | 0.31 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment offerings of Tickmill and DooPrime, it becomes clear that each online broker caters to different trading needs. Tickmill provides a selection of 725 tradeable symbols and focuses primarily on forex, offering 63 tradeable forex pairs. However, it does not allow direct investment in exchange-traded securities like U.S. or international stocks, which might limit options for traders looking to diversify into equities. Despite this, Tickmill does support copy trading and offers cryptocurrency derivatives, giving traders some flexibility in their strategies. Overall, Tickmill's range of investments earns it a rating of 3.5 stars and a ranking of #42 among 63 brokers by ForexBrokers.com.
On the other hand, DooPrime offers a broader selection with an impressive 10,000 tradeable symbols, including 60 forex pairs. It excels in providing direct access to both U.S. and international exchange-traded securities, enabling clients to invest in well-known stocks like Apple and Vodafone. While it does not offer cryptocurrency derivatives, DooPrime supports copy trading, which is appealing for those interested in mimicking successful traders' portfolios. With a higher satisfaction rating of 5 stars for its range of investments, DooPrime ranks at #12 among 63 brokers on ForexBrokers.com, showcasing its extensive investment opportunities.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 10000 |
| Forex Pairs (Total) | 63 | 60 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | No |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing online brokers Tickmill and DooPrime, both offer a range of trading platforms and tools that cater to a variety of trader needs. Tickmill and DooPrime provide traders with free virtual demo accounts, allowing them to practice trading strategies without financial risk. While both brokers support popular platforms like MetaTrader 4 and MetaTrader 5, only DooPrime offers a proprietary trading platform, giving it a slight edge for users seeking unique in-house solutions. For those who prefer the flexibility of accessible platforms, both brokers deliver with Windows-based desktop downloads and web-based trading options. Additionally, copy trading is a feature supported by both brokers, though neither offers ZuluTrade or DupliTrade integrations.
When it comes to technical tools, Tickmill and DooPrime are on par with each offering 15 drawing tools for charting. They also allow traders to execute trades directly from stock charts, supporting intuitive trading practices. However, for users focused on detailed observation, both brokers present watch lists with seven columns of data. Despite their similarities, DooPrime slightly outshines Tickmill in broker rankings, securing the 25th spot against Tickmill's 32nd position in Trading Platforms and Tools according to ForexBrokers.com. Both brokers are rated four out of five stars for their offerings in this category, suggesting they are well-equipped to support effective trading activities.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Tickmill and DooPrime provide comprehensive mobile trading experiences for enthusiasts using iPhones or Android devices. Their apps feature nearly identical functionalities, including stock and forex price alerts, the ability to draw trendlines, and access to a variety of time frames, from daily to intraday. Furthermore, users can benefit from creating watchlists with real-time quotes and utilizing 30 technical studies for in-depth chart analysis. An advantage for those who frequently work on-the-go is the fact that both apps automatically save any drawings made on stock or forex charts.
While traders can expect stellar performance from both platforms, there is one area lacking: neither offers watchlist symbol syncing between mobile apps and online accounts. Despite this, both apps receive a rating of four stars for their mobile trading capabilities. Yet, in terms of mobile trading app rankings among 63 brokers, DooPrime edges out Tickmill, holding the 25th spot compared to Tickmill's rank of 32. This subtle difference might influence traders who are steadfast in their search for the best mobile trading solution.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Tickmill and DooPrime provide traders with daily market commentary, offering insights into current financial trends. Additionally, they offer forex news from top news sources like Bloomberg, Reuters, and Dow Jones, ensuring that traders have access to timely and reliable information. However, when it comes to technical and fundamental analysis tools, the two brokers differ. Tickmill does not include tools from Trading Central, but it does offer sentiment-based trading tools and research tools from Acuity Trading, such as Signal Centre. On the other hand, DooPrime provides access to Trading Central's renowned technical analysis tools, although it lacks tools from Acuity Trading.
Both brokers offer an economic calendar that displays global news events that could impact financial markets. Tickmill and DooPrime enjoy favorable ratings of four stars each for research, but they are differently ranked according to ForexBrokers.com. Tickmill is ranked #22 out of 63 brokers, showcasing its strong research capabilities, while DooPrime is positioned at #29. This varied ranking reflects their relative strengths and weaknesses in offering comprehensive market research tools and resources for informed trading decisions.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Tickmill and DooPrime both provide a solid base of educational content aimed at traders exploring forex and CFDs. Each broker offers more than 10 educational pieces such as articles, videos, and webinars focused on these markets, ensuring beginners can access a wide range of learning materials. Both also offer a collection of beginner videos that number over ten, covering the fundamentals of trading to help new traders start their journey. Advanced traders aren't left out either, as Tickmill and DooPrime each provide over 10 videos that tackle complex subjects for those with more experience.
When it comes to interactive learning options, Tickmill holds a distinct advantage with monthly live webinars, and a comprehensive, searchable archive of past webinars. DooPrime, unfortunately, does not offer these resources. Beginners may also appreciate Tickmill’s investor dictionary that explains over 50 trading terms, while DooPrime lacks a similar feature. According to ForexBrokers.com, Tickmill slightly edges out DooPrime in rankings for educational offerings, placing 15th compared to DooPrime's 25th out of 63 brokers. Both, however, boast a commendable 4-star rating for their educational efforts.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than DooPrime. Tickmill finished with an overall rank of #22, while DooPrime finished with an overall rank of #28.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 86 | 83 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
When comparing online brokers Tickmill and DooPrime, Tickmill stands out by offering the ability to buy cryptocurrency derivatives, whereas DooPrime does not provide this option, and neither platform supports the purchase of actual (delivered) cryptocurrencies.
Both Tickmill and DooPrime provide similar funding options, supporting PayPal, Skrill, Visa, Mastercard, and bank wire transfers, but neither offers ACH or SEPA transfers for depositing or withdrawing account funds.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Tickmill | DooPrime | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 83 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | DooPrime | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | Tickmill | DooPrime | |
|---|---|---|---|
| Trust Score | 86 | 83 | |
| Year Founded | 2014 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | DooPrime | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Tickmill | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Tickmill | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 10000 | |
| Forex Pairs (Total) | 63 | 60 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | No | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Tickmill | DooPrime | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | N/A | |
| All-in Cost EUR/USD - Active | 0.31 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Tickmill | DooPrime | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Tickmill | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | DooPrime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Tickmill | DooPrime | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | DooPrime | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Tickmill | DooPrime | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Tickmill Review |
| Overall | Tickmill | DooPrime | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 83 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill