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 | 0.51 |
| All-in Cost EUR/USD - Active | N/A | 0.31 |
| 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 comparing eToro to Tickmill for their range of investments, eToro stands out with a broader selection. eToro offers an impressive 5,461 tradeable symbols, dwarfing Tickmill's 725. For those interested in forex trading, eToro provides 55 currency pairs, while Tickmill offers a slightly larger selection with 63 pairs. Notably, eToro enables clients to invest in exchange-traded securities from both U.S. and international exchanges, allowing them to purchase shares of major companies like Apple and Vodafone directly. In contrast, Tickmill does not offer these options, focusing solely on CFD trading for such assets.
Cryptocurrency enthusiasts will find eToro appealing as it allows for the purchase of actual cryptocurrencies in addition to crypto derivatives. Conversely, Tickmill only offers crypto derivatives, not the actual coins. Both eToro and Tickmill support copy trading, giving traders the option to mimic successful investors. Considering all these features, eToro is rated 5 stars and ranked #10 out of 63 brokers for its range of investments, whereas Tickmill earns a 3.5-star rating and ranks #42 in the same category. Overall, eToro provides a more diverse and versatile investment landscape.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 725 |
| 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 for trading platforms and tools, both brokers offer simulated trading, which allows users to practice without any financial risk using free demo accounts. eToro stands out with its proprietary platform developed in-house, easily accessible through a web-based interface. Tickmill, on the other hand, supports the popular MetaTrader platforms (MT4 and MT5) and provides a Windows-based desktop download. Both services support web-based trading and copy trading, although the use of third-party platforms like DupliTrade and ZuluTrade isn't available with either broker.
In terms of features, eToro offers a broader range of charting tools, with 161 drawing tools available, compared to Tickmill's 15. However, Tickmill enables direct trading from stock charts, a feature absent in eToro. For watch lists, Tickmill offers seven columns to organize information, while eToro allows six. Despite these differences, eToro leads with higher user ratings for their trading platforms and tools, earning 4.5 stars out of five compared to Tickmill's 4 stars. Additionally, eToro is ranked eighth by ForexBrokers.com out of 63 broker platforms for trading tools, significantly ahead of Tickmill, which holds the 32nd position.
| 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 | 30 |
| Charting - Drawing Tools (Total) | 161 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of eToro and Tickmill, both platforms cater to iPhone and Android users, offering essential features such as stock and forex price alerts. They also allow users to create watchlists with real-time quotes. However, where eToro stands out is its ability to sync watchlist symbols across devices, ensuring a seamless trading experience. While Tickmill supports trendline drawing and auto-saves these drawings, eToro excels in offering a higher number of technical studies, with 104 options compared to Tickmill's 30. Both apps allow viewing different time frames on charts, but eToro’s comprehensive study library arguably provides a richer analytical experience.
In terms of user satisfaction, eToro is rated higher with 4.5 stars, compared to Tickmill's 4 stars. This may reflect in its ranking by ForexBrokers.com, where eToro lands at the 10th spot among 63 brokers, a significant leap ahead of Tickmill's 32nd position. Traders who prioritize technical analysis and synchronized watchlists might find eToro more aligned with their needs, while those who value features like drawing tools might prefer Tickmill. Choosing between these two could depend on what specific features a trader values most in their trading experience.
| 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 the market research offerings of eToro and Tickmill, both brokers provide users with daily market commentary and economic calendars, keeping traders informed about global events. However, eToro stands out with its access to Trading Central, offering tools like Technical Analytics for in-depth analysis, a sentiment-based trading tool to gauge market movements, and exclusive insights from TipRanks. On the other hand, Tickmill partners with Acuity Trading, providing tools like Signal Centre to deliver unique analytical insights, although it lacks the broader spectrum of tools available on eToro.
In terms of accessing top-tier news sources, Tickmill edges out as it delivers forex news from renowned providers such as Bloomberg and Reuters, a feature absent in eToro's offerings. Despite this, eToro's robust suite of tools and resources earns it a higher research rating of 4.5 stars compared to Tickmill's 4 stars. ForexBrokers.com ranks eToro at #13 among 63 brokers for research, while Tickmill follows at #22, highlighting eToro's stronger market research capabilities.
| 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
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Tickmill
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 86 |
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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.
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0 of 5| Overall Rating | eToro | Tickmill | |
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| Trust Score | 96 | 86 | |
| Winner | check_circle | ||
| Review | eToro Review | Tickmill Review |
| Broker Screenshots | eToro | Tickmill | |
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| 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) | 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 | Yes |
| Tier-2 Licenses (Trusted) | eToro | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| 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) | No | No |
| Investments | eToro | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 725 | |
| 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 | 0.51 | |
| All-in Cost EUR/USD - Active | N/A | 0.31 | |
| 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 | 30 | |
| Charting - Drawing Tools (Total) | 161 | 15 | |
| 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 | |
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| Trust Score | 96 | 86 | |
| Winner | check_circle | ||
| Review | eToro Review | Tickmill Review |
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