Written by ForexBrokers.com
In this head to head comparison of eToro vs Tickmill, 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.
When comparing eToro and Tickmill, both online brokers hold their ground in terms of trust and regulation, but they have some key differences. Founded in 2007, eToro is a publicly traded company, unlike Tickmill, which was established in 2014 and isn't listed on any stock exchange. Neither broker is associated with a bank. However, eToro carries a Trust Score of 96 from ForexBrokers.com, labeling it highly trusted, while Tickmill, with a score of 86, is considered trusted. This distinction largely arises from their regulatory licenses. eToro holds three Tier-1 licenses, which are highly trusted, and one Tier-2 license. Conversely, Tickmill possesses two Tier-1 licenses and two Tier-2 licenses, still reflecting a solid level of trust.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Year Founded | 2007 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing eToro to Tickmill for their commissions and fees, there are notable differences that cater to different types of traders. eToro, a market-maker broker, charges a typical variable spread of 1 pip on the EUR/USD, which is slightly above the industry average, yet offers the unique feature of a social copy trading platform that attracts many retail traders. Additionally, eToro provides a VIP club with multiple membership tiers, ranging from $5,000 to $250,000, offering exclusive benefits such as access to Trading Central and discounted fees. eToro earns a 4.5-star rating for its commissions and fees and ranks #22 out of 63 brokers according to ForexBrokers.com.
Tickmill offers two distinct types of accounts: the Classic account, which incurs no commissions but has higher average spreads of 1.76 pips, and the Raw account, which is specifically designed for active traders. Following an increase, the Raw account now charges a commission of $3 per side, translating to a total of $6 per standard lot, yet it continues to boast highly competitive spreads with a typical 0.11 pip for EUR/USD. Including the commission, the all-in cost for a trade would be 0.71 pips, aligning with Tickmill's reputation for cost-effective trading. However, it maintains a low entry requirement of $100 and offers versatile execution policies for algorithmic trading, making it an appealing choice for many traders. With these offerings, Tickmill has earned a 5-star rating and ranks impressively as #4 out of 63 brokers in the Commissions and Fees category.
While both brokers offer unique advantages, eToro appeals to those interested in social trading networks with a slightly higher spread, whereas Tickmill caters to active traders with its low all-in trading costs and flexible account options. Tickmill's increased commission still results in competitive all-in costs, providing an attractive option for cost-conscious traders. Overall, the choice between eToro and Tickmill depends largely on the trader's individual priorities, whether they favor social trading aspects or the benefits of lower direct transaction costs.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average Spread EUR/USD - Standard | 1 | 1.70 |
| All-in Cost EUR/USD - Active | N/A | 0.70 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | 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 it comes to the variety of investments offered by online brokers, eToro significantly outshines Tickmill. eToro boasts an impressive array of 5,461 tradeable symbols, while Tickmill offers just 637. In the realm of forex trading, eToro provides 55 tradeable forex pairs, slightly fewer than Tickmill's 63 pairs. However, eToro goes beyond just forex, allowing investors to purchase actual shares on U.S. and international exchanges, such as Apple and Vodafone, respectively—an opportunity Tickmill does not provide. Both platforms support copy trading and offer cryptocurrency trading, but eToro not only offers cryptocurrency derivatives but also allows clients to buy actual cryptocurrencies, unlike Tickmill.
This diverse range of investment options gives eToro an edge, with a notable 5-star rating for its range of investments compared to Tickmill's 3.5 stars. eToro's comprehensive offering places it at number 10 out of 63 brokers in the Range of Investments category according to ForexBrokers.com, while Tickmill is positioned at number 42. For investors seeking a broad spectrum of assets and trading opportunities, eToro stands out as the more versatile choice, giving its clients access to a rich selection of investment avenues.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 637 |
| Forex Pairs (Total) | 55 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| 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 eToro and Tickmill in terms of their trading platforms and tools, several key differences emerge that cater to different types of traders. Both brokers offer simulated trading with a free virtual demo account, allowing users to get acquainted with their platforms without financial risk. eToro shines with its proprietary platform that is available as a web-based application and is highly rated for its usability, receiving 4.5 out of 5 stars and a ranking of 8th out of 63 brokers by ForexBrokers.com. Although eToro does not provide access to MetaTrader platforms, it offers a robust selection of 161 drawing tools for charting, catering to traders who prefer in-depth technical analysis. Additionally, eToro's offering includes copy trading, which can be attractive for those looking to replicate the trades of successful investors.
Tickmill, on the other hand, provides a wide range of popular trading platforms such as MetaTrader 4 and MetaTrader 5, which is ideal for traders who favor these widely-used interfaces. While lacking a proprietary platform, Tickmill supports a Windows-based desktop download, which might appeal to traders preferring a traditional setup. Tickmill's platform, rated 4 stars and ranked 29th among 63 brokers on ForexBrokers.com, stands out for enabling direct trading from stock charts and offering a more comprehensive watch list with seven fields. Although Tickmill offers fewer drawing tools for charting compared to eToro, their inclusion of MetaTrader platforms can compensate for this, particularly for traders who rely heavily on automated trading strategies.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 91 |
| Charting - Drawing Tools (Total) | 161 | 9 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and Tickmill offer iPhone and Android apps, promising accessibility across devices for trading on the go. When it comes to keeping users updated, both platforms provide stock and forex price alerts. eToro stands out with its watchlist symbol syncing feature, allowing users to seamlessly sync changes made between the mobile app and the online account, a function Tickmill does not support. For chart analysis, eToro offers a wider range of technical studies with 104 options, while Tickmill offers 30. However, Tickmill allows users to draw trendlines on charts within its mobile app, a feature eToro lacks. Both platforms let users view charts across multiple time frames. Tickmill further enhances interaction with its app by auto-saving chart drawings, a convenience not found in eToro's app.
Creating watchlists with real-time quotes is possible on both eToro and Tickmill, providing essential market insights at your fingertips. However, in terms of user satisfaction and recognition, eToro holds a slight edge. It is rated 4.5 stars compared to Tickmill's 4-star rating and ranks #10 out of 63 brokers in the Mobile Trading Apps category by ForexBrokers.com, whereas Tickmill is ranked #29. This higher ranking reflects eToro's more comprehensive feature set, though both platforms offer valuable tools for mobile trading.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing eToro and Tickmill in terms of market research, both brokers provide daily market commentary and economic calendars to keep investors informed about current and upcoming global news events. However, eToro users may find a more diverse research toolkit at their disposal. eToro features market research from TipRanks and incorporates sentiment-based trading tools to help investors understand trading dynamics across different instruments. The platform also benefits from technical analytics provided by Trading Central, making it a robust choice for those seeking in-depth research tools.
On the other hand, Tickmill offers unique tools from Acuity Trading, such as the Signal Centre, and distinguishes itself by providing forex news from top-tier sources, unlike eToro. Despite these differences, both brokers score highly in research quality, with eToro earning a slightly higher rating of 4.5 stars compared to Tickmill's 4 stars. Overall, eToro ranks 13th among 63 brokers for research, whereas Tickmill stands at 21st, showcasing the nuanced differences in their market research offerings to traders.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both eToro and Tickmill excel in providing a wealth of learning materials related to forex and CFDs. Each platform offers more than ten educational pieces such as articles, videos, and archived webinars, which are specifically designed to help novice traders get a grasp on the fundamentals of trading. Both eToro and Tickmill also host monthly educational webinars online, enhancing the learning experience for their clients. Moreover, they provide access to a searchable archive of previously recorded webinars, ensuring that clients can revisit sessions at their convenience. Additionally, each platform offers over ten beginner-focused educational videos, making it easier for new traders to learn various trading topics.
eToro goes a step further by also offering more than ten advanced educational videos tailored for experienced traders who are looking to sharpen their skills. Both eToro and Tickmill maintain a comprehensive investor dictionary that includes definitions of at least fifty investing terms, essential for deepening one's understanding of the trading world. When it comes to educational ratings, eToro scores a commendable 4.5 stars, with a ranking of #5 out of 63 brokers in the Education category by ForexBrokers.com. Comparatively, Tickmill earns a respectable 4 stars, ranking #15 out of the same 63 brokers. This makes eToro a slightly more favored option for those prioritizing educational resources on their trading journey.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Tickmill. eToro finished with an overall rank of #9, while Tickmill finished with an overall rank of #22.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 96 | 86 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
eToro allows users to buy both actual delivered cryptocurrencies and cryptocurrency derivatives, whereas Tickmill offers the ability to purchase cryptocurrency derivatives only.
Comparing online brokers, eToro provides a wider range of deposit and withdrawal options, including ACH and SEPA transfers, alongside PayPal, Skrill, Visa, Mastercard, and bank wires, while Tickmill supports PayPal, Skrill, Visa, Mastercard, and bank wires, but lacks ACH and SEPA transfer options.
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 | eToro | Tickmill | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 86 | |
| Winner | check_circle | ||
| Review | eToro Review | Tickmill Review |
| Broker Screenshots | eToro | Tickmill | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | eToro | Tickmill | |
|---|---|---|---|
| Trust Score | 96 | 86 | |
| Year Founded | 2007 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | Tickmill | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | Yes |
| Tier-2 Licenses (Trusted) | eToro | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 637 | |
| Forex Pairs (Total) | 55 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| 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 | eToro | Tickmill | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 1.70 | |
| All-in Cost EUR/USD - Active | N/A | 0.70 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Tickmill | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $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 | Yes | No |
| Trading Platforms | eToro | Tickmill | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 104 | 91 | |
| Charting - Drawing Tools (Total) | 161 | 9 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Tickmill | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | Tickmill | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Tickmill | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | eToro | Tickmill | |
|---|---|---|---|
| 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 | eToro Review | Tickmill Review |
| Overall | eToro | Tickmill | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 86 | |
| Winner | check_circle | ||
| Review | eToro Review | Tickmill Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill