ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Tickmill vs FinecoBank 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Tickmill vs FinecoBank, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Tickmill
4.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 86
  • Tradeable Symbols (Total): 725
FinecoBank
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 94
  • Tradeable Symbols (Total): 9770

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.

Regulation

Comparing Tickmill and FinecoBank provides key insights into their regulatory standing and trustworthiness. Tickmill, established in 2014, is a non-bank online broker that is not publicly traded. It holds two Tier-1 licenses indicating high trust and two Tier-2 licenses, reflecting additional reliability. Its trust score of 86, as given by ForexBrokers.com, signifies a trusted rating, making it a sound choice for traders seeking a smaller, yet trusted brokerage.

In contrast, FinecoBank, founded in 1999, is a publicly traded bank with a strong regulatory foundation. It also holds two Tier-1 licenses, marking it as highly trusted, though it lacks Tier-2 licenses. Boasting a significant trust score of 94, FinecoBank is recognized as a highly trusted entity, offering the assurance of a publicly listed bank. With different strengths, both brokers cater to varying trader needs and preferences.

Feature Tickmill logoTickmill
FinecoBank logoFinecoBank
Year Founded info 2014 1999
Publicly Traded (Listed) info No Yes
Bank info No Yes
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0

Fees

When comparing the commissions and fees of online brokers Tickmill and FinecoBank, Tickmill stands out with its competitive pricing structures designed to accommodate different trading styles. Tickmill offers two types of accounts, Classic and Raw. The Classic account is commission-free, primarily appealing to traders who prefer straightforward pricing. However, the spreads for this account average 1.76 pips, which is higher than Tickmill's Raw account. The Raw account, which now replaces the former Pro account, introduces a new commission structure of $3 per side or $6 per standard lot. Despite this increase, Tickmill continues to be a top choice for active traders, thanks to its low average spreads, typically around 0.11 pips for the EUR/USD, with an all-in cost now at approximately 0.71 pips. With a low minimum deposit of $100, the Raw account offers great value for traders seeking low-cost spreads and robust execution.

In contrast, FinecoBank provides less transparency in its trading costs since it does not publish average spread data for its forex and CFD trades. FinecoBank lists a spread of about 1 pip for the EUR/USD, which is higher in comparison to the typical spreads offered by many forex brokers, including Tickmill. They do offer a supposedly lower spread of 0.8 pips, but finer details such as these are not presented with average values or specific dates. This lack of clarity makes it challenging for traders to assess the real cost of trading with FinecoBank as accurately as they can with Tickmill.

With a five-star rating in commissions and fees, Tickmill ranks 4th among 62 brokers on ForexBrokers.com, reflecting its strength in providing low-cost trading solutions. Meanwhile, FinecoBank earns a 3.5-star rating, placing it in 50th position. These rankings emphasize Tickmill’s advantage in this category, showcasing its dedication to offering cost-effective trading conditions that appeal to both new and seasoned traders alike.

Feature Tickmill logoTickmill
FinecoBank logoFinecoBank
Minimum Deposit info $100 $0
Average Spread EUR/USD - Standard info 0.51 info N/A info
All-in Cost EUR/USD - Active info 0.31 info N/A info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No Yes
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When exploring investment opportunities with online brokers, the differences between Tickmill and FinecoBank become apparent. Tickmill offers 725 tradeable symbols, which include 63 forex pairs available as either CFDs or spot contracts. While Tickmill shines with its copy trading options and cryptocurrency derivatives, it doesn't provide access to exchange-traded securities, especially on major U.S. and international exchanges. FinecoBank, on the other hand, boasts an extensive range with 9,770 tradeable symbols, although offering slightly fewer forex pairs at 54. It provides an opportunity for investors to access exchange-traded securities, both in the U.S., such as Apple stocks, and internationally, such as Vodafone shares.

In terms of ratings, FinecoBank takes the lead with a 4.5-star rating for its range of investments, compared to Tickmill's 3.5-star rating. According to ForexBrokers.com, FinecoBank ranks #16 out of 62 brokers, reflecting its broad investment offerings, while Tickmill holds the #42 spot. Despite both brokers not offering the direct purchase of cryptocurrencies, Tickmill's crypto derivatives still add a layer of diversification. Overall, while Tickmill presents some niche advantages, particularly in forex pairs and crypto derivatives, FinecoBank's extensive range of tradeable symbols and access to various securities cater to a more comprehensive investment strategy.

Feature Tickmill logoTickmill
FinecoBank logoFinecoBank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 725 9770
Forex Pairs (Total) info 63 54
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

When it comes to trading platforms and tools, both Tickmill and FinecoBank provide unique offerings that cater to different traders' needs. Tickmill shines with its provision of a free virtual demo account for those looking to practice trading without risk. This broker supports a range of popular platforms including MetaTrader 4 (MT4) and MetaTrader 5 (MT5) but does not feature a proprietary platform. Both Tickmill and FinecoBank offer Windows-based desktop downloads and web-based platforms. However, Tickmill stands out by supporting copy trading, providing traders an opportunity to mirror successful strategies.

FinecoBank boasts an in-house developed trading platform, giving users a tailored experience and an edge in functionality. Unlike Tickmill, it does not offer a demo account or copy trading, limiting options for new traders wanting to practice or diversify strategies without committing capital. While Tickmill offers a more extensive set of drawing tools and stock chart trading capabilities, FinecoBank compensates with its distinguished rating in trading platforms and tools, ranking higher with ForexBrokers.com despite offering fewer features for chart customization. Both brokers are rated 4 stars in this category, suggesting solid yet distinct offerings.

Feature Tickmill logoTickmill
FinecoBank logoFinecoBank
Virtual Trading (Demo) info Yes No
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 37
Charting - Drawing Tools (Total) info 15 7
Charting - Trade From Chart info Yes No
Watchlists - Total Fields info 7 N/A
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When it comes to mobile trading apps, both Tickmill and FinecoBank offer a solid foundation for their users with availability on iPhone and Android devices. Each provides stock or forex price alerts, ensuring that traders are kept up-to-date with the latest market movements. However, neither platform supports watchlist symbol syncing between mobile and web accounts. In terms of charting capabilities, Tickmill significantly outshines FinecoBank by offering 30 technical studies compared to FinecoBank's six. Additionally, Tickmill allows users to draw trendlines on charts and auto-saves these drawings, features that FinecoBank currently lacks.

Both platforms allow traders to switch between different time frames on charts, yet Tickmill takes it one step further by enabling the creation of watchlists with real-time quotes, a functionality missing in FinecoBank's offering. On a star rating system, both brokers achieve a commendable four stars for their mobile apps. However, Tickmill holds a stronger position in industry rankings, coming in at #32 out of 62 brokers on ForexBrokers.com, while FinecoBank is positioned at #42. This ranking highlights Tickmill's slight edge in providing a more comprehensive mobile trading experience.

Feature Tickmill logoTickmill
FinecoBank logoFinecoBank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 6
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

Tickmill and FinecoBank both provide valuable market research tools for traders, but they differ in several key areas. Tickmill excels in offering daily market commentary and providing traders with sentiment-based trading tools that reveal the ratio of long and short positions across currency pairs. They also deliver forex news from top-tier sources and feature tools from Acuity Trading, such as Signal Centre. In contrast, FinecoBank provides forex news from high-caliber sources and includes an economic calendar for global news events, but it lacks daily market commentary and sentiment-based trading tools.

When it comes to rankings, Tickmill ranks higher at #22 out of 62 brokers in ForexBrokers.com's Research category, while FinecoBank stands at #33. Both brokers share similar ratings for research with Tickmill and FinecoBank each earning 4 stars. Despite these similarities, Tickmill's suite of research tools, especially those for real-time market analysis, make it a more comprehensive choice for traders looking for daily insights and broader market sentiment data.

Feature Tickmill logoTickmill
FinecoBank logoFinecoBank
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, Tickmill and FinecoBank both offer a valuable platform for learning about trading. Tickmill stands out by providing a wide variety of educational materials on forex and CFDs, including more than ten articles, videos, and webinars. This makes it easier for beginners to find comprehensive information tailored to their learning needs. Further, Tickmill hosts regular online webinars, which are also available in a searchable archive for convenient access to past sessions. The platform includes over ten beginner-focused educational videos and even provides an investor dictionary, making complex terms understandable for newcomers. Tickmill's educational resources feature content for advanced traders too, enhancing the overall learning experience.

On the other hand, FinecoBank matches Tickmill in offering monthly online webinars and beginner video content, providing novice traders with the tools they need to start a successful trading journey. However, FinecoBank lacks an archive of recorded webinars and offers less advanced educational content, focusing primarily on beginner materials. Although both brokers are rated closely in terms of education, Tickmill ranks higher among competitors, coming in at #15 compared to FinecoBank’s #49 position. Both platforms offer an investor dictionary, ensuring that users have key trading terms easily accessible. Overall, Tickmill provides a wider array of educational resources, making it a compelling choice for those looking to deepen their understanding of trading.

Feature Tickmill logoTickmill
FinecoBank logoFinecoBank
Education (Forex or CFDs) info Yes No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that Tickmill is better than FinecoBank. Tickmill finished with an overall rank of #22, while FinecoBank finished with an overall rank of #25.

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 logoTickmill
FinecoBank logoFinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trust Score info 86 94
Range of Investments 3.5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Tickmill or FinecoBank?

When comparing online brokers Tickmill and FinecoBank, neither offers the ability to buy actual cryptocurrency for delivery, but Tickmill provides the option to trade cryptocurrency derivatives, whereas FinecoBank does not.

What funding options does each broker offer?

While Tickmill supports PayPal, Skrill, Visa, Mastercard, and bank wire transfers but lacks ACH and SEPA transfer options, FinecoBank offers ACH, SEPA, and bank wire transfers but does not support PayPal, Skrill, Visa, or Mastercard transactions for funding accounts.




announcementPlease 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

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating Tickmill FinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Range of Investments 3.5/5 Stars 4.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 86 94
Winner check_circle
Review Tickmill Review FinecoBank Review
Broker Screenshots Tickmill FinecoBank
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Tickmill FinecoBank
Trust Score info 86 94
Year Founded info 2014 1999
Publicly Traded (Listed) info No Yes
Bank info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0
Tier-1 Licenses (Highly Trusted) Tickmill FinecoBank
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Tickmill FinecoBank
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Tickmill FinecoBank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 725 9770
Forex Pairs (Total) info 63 54
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 FinecoBank
Average Spread EUR/USD - Standard info 0.51 info N/A info
All-in Cost EUR/USD - Active info 0.31 info N/A info
Active Trader or VIP Discounts info No No
Inactivity Fee info No No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes No
Funding Tickmill FinecoBank
Minimum Deposit info $100 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No Yes
Trading Platforms Tickmill FinecoBank
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Tickmill FinecoBank
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 7 N/A
Charting - Indicators / Studies (Total) info 30 37
Charting - Drawing Tools (Total) info 15 7
Charting - Trade From Chart info Yes No
Charts can be saved info Yes Yes
Mobile Trading Tickmill FinecoBank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes No
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 6
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research Tickmill FinecoBank
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education Tickmill FinecoBank
Education (Forex or CFDs) info Yes No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Tickmill FinecoBank
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Tickmill Review FinecoBank Review
Overall Tickmill FinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Range of Investments 3.5/5 Stars 4.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 86 94
Winner check_circle
Review Tickmill Review FinecoBank Review
arrow_upward

close