Written by ForexBrokers.com
In this head to head comparison of Tickmill vs FXOpen, 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.
Founded in 2014, Tickmill is an online broker that is not publicly traded and does not operate as a bank. With a ForexBrokers.com Trust Score of 86, Tickmill is classified as a trusted brokerage, holding two Tier-1 licenses and two Tier-2 licenses. These licenses offer clients a sense of security, as Tier-1 is deemed highly trusted, while Tier-2 is recognized as trusted, according to ForexBrokers.com's rating system.
Established in 2003, FXOpen also operates as a privately held non-bank broker. However, with a slightly lower Trust Score of 76, FXOpen falls into the average risk category according to ForexBrokers.com. Like Tickmill, FXOpen maintains two Tier-1 licenses but lacks Tier-2 licenses, which could influence potential clients looking for additional trusted credentials in their broker of choice.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Year Founded | 2014 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing commissions and fees, Tickmill emerges as a top contender in the trading world. Offering two main account types, Tickmill provides a commission-free Classic account and a competitively priced Raw account. The Classic account is free from commission charges but incorporates higher average spreads of 1.76 pips, possibly deterring those seeking minimal trading costs. The Raw account, on the other hand, invites active traders with its superior pricing model. Even after a recent rise in the per trade commission to $3 per side, the average cost remains attractive with a typical spread of 0.11 pips on the EUR/USD, culminating in an all-in cost of about 0.71 pips. Tickmill is particularly suitable for traders employing algorithmic strategies, thanks to its low entry barrier and efficient execution policies, garnering an excellent five-star rating and securing the 4th spot among 63 brokers in ForexBrokers.com's Commissions and Fees category.
In contrast, FXOpen stands as a viable option but trails behind Tickmill when it comes to commissions and fees. Information on their average spread data is not readily available, which can be a consideration for traders seeking transparency in trading costs. Despite this, FXOpen receives a respectable four-star rating for its commission and fee structure. However, it ranks considerably lower at 45th place out of 63 brokers in the same category on ForexBrokers.com, suggesting that while it offers competitive pricing, potential traders might find stronger incentives and clearer cost structures elsewhere.
In essence, both Tickmill and FXOpen offer compelling cases for traders, albeit with significant distinctions. Tickmill’s adaptability for active and algorithmic traders with its competitive Raw account edges out FXOpen's offerings, making it a favored choice for those prioritizing low trading costs and detailed spread information. Meanwhile, FXOpen remains a solid alternative for those who can navigate its less transparent pricing model. Nonetheless, Tickmill's superior rating and ranking reaffirm its position as a leader in trading costs relative to FXOpen.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.70 | N/A |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Tickmill and FXOpen both support forex trading as CFDs or spot and both offer crypto derivatives (not the actual coins). Neither broker provides access to exchange-traded securities on U.S. or international exchanges. For market variety, Tickmill is the clear winner with 637 tradeable symbols and 63 forex pairs, compared with FXOpen’s 87 symbols and 25 pairs. Both brokers also offer copy trading.
For Range of Investments, ForexBrokers.com rates Tickmill at 3.5 stars and ranks it 43rd out of 63 brokers, while FXOpen earns 3 stars and ranks 63rd. Choose Tickmill if you want a wider selection of markets; FXOpen suits traders who are comfortable with a smaller lineup.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 87 |
| Forex Pairs (Total) | 63 | 25 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | 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). |
Dive deeper: Best Copy Trading Platforms.
Tickmill vs FXOpen: both brokers offer free demo accounts, support copy trading, and let you trade directly from charts. Neither has a proprietary platform; instead, each provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on Windows desktop and in your web browser. FXOpen also supports ZuluTrade, while Tickmill does not. Neither broker offers DupliTrade.
For charting, the number of indicators isn’t specified, but FXOpen lists more drawing tools (15) than Tickmill (9). Watchlists are similar, with 7 fields at both brokers. In ForexBrokers.com’s Trading Platforms and Tools ratings, both earn 4 out of 5 stars; however, Tickmill ranks higher overall (#30 of 63) compared with FXOpen (#54 of 63). If you value ZuluTrade or extra drawing tools, FXOpen may fit; if platform standing matters more, Tickmill leads.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 91 | 30 |
| Charting - Drawing Tools (Total) | 9 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and FXOpen both deliver capable mobile trading apps for iPhone and Android. Each app includes price alerts, real-time quote watchlists, 30 built-in technical studies, trendline drawing, and multiple time frames for stock and forex charts. Neither app syncs watchlist symbols with the web platform, but there is one key difference: Tickmill’s app auto-saves your chart drawings, while FXOpen’s does not. For traders who mark up charts on the go, that small detail can save time.
In terms of quality, both mobile trading apps earn 4 stars, yet their standings differ in industry rankings. Out of 63 brokers rated by ForexBrokers.com for mobile trading apps, Tickmill places #30 while FXOpen sits at #55. If you want a mobile app that keeps your chart annotations intact between sessions, Tickmill has the edge; if that’s not a priority, FXOpen offers a similar set of core features for charting, alerts, and watchlists on both iPhone and Android.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Tickmill and FXOpen both publish daily market commentary and stream forex news from top-tier sources (such as Bloomberg, Reuters, or Dow Jones). Each broker also provides an economic calendar. Neither integrates Autochartist or Trading Central. A key difference is that Tickmill adds a sentiment tool that shows long/short positioning, and it includes research from Acuity Trading such as Signal Centre. FXOpen does not offer a sentiment tool, and its support for TipRanks or Acuity Trading is not specified.
For overall research quality, ForexBrokers.com rates Tickmill 4 stars and ranks it 21st out of 63 brokers. FXOpen earns 3 stars and is ranked 64th. If you want extra guidance like positioning data and signals, Tickmill stands out. If you mainly need news headlines, daily commentary, and a calendar, both platforms cover the basics.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Tickmill vs FXOpen for beginner education: Tickmill delivers a fuller learning experience for new forex and CFD traders. It offers a complete education hub with at least 10 articles, videos, or archived webinars; monthly live client webinars; a searchable library of past sessions; and extensive video series with 10+ beginner lessons and 10+ advanced topics. Both brokers include an investor dictionary with 50+ terms, but FXOpen does not meet the 10-piece education threshold, and it does not host monthly webinars, provide a searchable webinar archive, or offer 10+ beginner or advanced training videos.
Independent ratings reflect this gap. Tickmill earns 4 out of 5 stars for Education and ranks #15 out of 63 brokers at ForexBrokers.com, while FXOpen holds 3 out of 5 stars and ranks #59. If you’re a beginner looking for structured forex education with live webinars and a deep video library, Tickmill is the stronger choice. If you only need a glossary, FXOpen’s investor dictionary can help, but its broader learning resources are limited.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| 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 Tickmill is better than FXOpen. Tickmill finished with an overall rank of #22, while FXOpen finished with an overall rank of #54.
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
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FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 76 |
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Tickmill and FXOpen both do not provide the ability to purchase actual cryptocurrency, but they do offer the option to trade cryptocurrency derivatives.
Tickmill and FXOpen both support Visa, Mastercard, Skrill, and bank wire transfers for depositing or withdrawing account funds; however, Tickmill additionally allows PayPal transactions, while neither broker offers ACH or 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 | Tickmill | FXOpen | |
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| Trust Score | 86 | 76 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | FXOpen | |
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| Regulation | Tickmill | FXOpen | |
|---|---|---|---|
| Trust Score | 86 | 76 | |
| Year Founded | 2014 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | Tickmill | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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) |
| Investments | Tickmill | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 87 | |
| Forex Pairs (Total) | 63 | 25 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | 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). |
| Cost | Tickmill | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.70 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| 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 | FXOpen | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| 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 | Yes |
| Trading Tools | Tickmill | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 91 | 30 | |
| Charting - Drawing Tools (Total) | 9 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | FXOpen | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Tickmill | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Tickmill | FXOpen | |
|---|---|---|---|
| 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 | FXOpen | |
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| Trust Score | 86 | 76 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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