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Tickmill vs FXOpen 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

Tickmill
4.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 86
  • Tradeable Symbols (Total): 725
FXOpen
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 76
  • Tradeable Symbols (Total): 87

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

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 logoTickmill
FXOpen logoFXOpen
Year Founded info 2014 2003
Publicly Traded (Listed) info No No
Bank info No No
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 Tickmill and FXOpen in terms of commissions and fees, Tickmill stands out with its Raw account offering. The Raw account has replaced the Pro account and brings a commission of $3 per side, resulting in an all-in cost of 0.71 pips when typical spreads of 0.11 pips on EUR/USD are considered. This account is attractive to active traders due to its competitive pricing and low barrier to entry, with a minimum deposit of $100. The Classic account at Tickmill does away with commissions but presents higher average spreads of 1.76 pips, making it less favorable for cost-conscious traders.

Tickmill earns a top rating with 5 out of 5 stars for its commissions and fees, securing the 4th spot out of 62 brokers on ForexBrokers.com. Its ability to maintain both low average spreads and competitive commission rates makes it a popular choice for active trading communities.

In contrast, FXOpen, which holds a 4-star rating for commissions and fees, ranks 45th out of 62 brokers according to ForexBrokers.com. While specific average spread data for FXOpen is not readily available, its position in the ranking suggests that traders may face higher costs compared to Tickmill's offerings, particularly for those seeking to optimize trading costs through narrow spreads and transparent commission structures.

Feature Tickmill logoTickmill
FXOpen logoFXOpen
Minimum Deposit info $100 $100
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 Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Both Tickmill and FXOpen provide a solid base for forex trading, offering CFDs or spot contracts. However, Tickmill surpasses FXOpen with a broader range of tradable assets. Tickmill offers 725 tradable symbols, significantly more than FXOpen's 87. For those focused on forex pairs, Tickmill again leads with 63 pairs compared to FXOpen’s 25. While neither broker provides access to exchange-traded securities on U.S. or international exchanges, both offer copy trading as well as the chance to trade cryptocurrency derivatives, not actual cryptocurrencies.

In terms of range of investments, Tickmill earns a rating of 3.5 stars, which is slightly higher than FXOpen’s 3 stars. This distinction is reflected in their rankings by ForexBrokers.com, where Tickmill holds the 42nd spot out of 62 brokers, while FXOpen is positioned at 61st. Individuals seeking a more expansive list of investment options might find Tickmill to be the better choice between the two.

Feature Tickmill logoTickmill
FXOpen logoFXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 725 87
Forex Pairs (Total) info 63 25
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

Tickmill and FXOpen both cater to traders by providing essential trading platforms and tools, making them accessible and versatile choices for different trading needs. Both brokers offer simulated trading with free virtual demo accounts, allowing users to practice strategies without risking real money. They support download platforms for Windows, as well as web-based platforms accessible via browsers, offering traders flexibility in how they access the markets. Copy trading enthusiasts will find support with both brokers. Also, both Tickmill and FXOpen support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), popular platforms known for their user-friendly interface and comprehensive features.

While neither broker offers a proprietary platform or DupliTrade, only FXOpen provides ZuluTrade for social trading. Charting capabilities are similar, with each broker offering 15 drawing tools and the ability to trade directly from charts. Both provide seven columns for customizing watch lists, allowing traders to tailor their display for a personalized experience. Despite sharing a four-star rating in trading platforms and tools, they hold different positions in ForexBrokers.com's rankings, with Tickmill at #32 and FXOpen at #53 out of 62 brokers. This distinction suggests a slight edge for Tickmill in overall platform and tool satisfaction among users.

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

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

Forex trading apps

Both Tickmill and FXOpen offer mobile trading apps for iPhone and Android, making it easy for users to trade on the go. Whether you’re into stocks or forex, both platforms provide price alerts to keep you informed of market movements. While neither app supports syncing watchlists between the mobile app and an online account, they both offer a rich set of charting features. You can experiment with 30 different technical studies on each platform, and both allow you to draw trendlines and view different time frames like daily or weekly.

Although FXOpen allows you to create watchlists with real-time quotes, Tickmill goes a step further by auto-saving your chart drawings. Despite these differences, both platforms score an equal rating of 4 out of 5 stars for their mobile trading apps. However, Tickmill ranks higher at #31 among 62 brokers in the Mobile Trading Apps category according to ForexBrokers.com, while FXOpen is positioned at #54. Ultimately, each app offers solid features, but Tickmill might have a slight edge in usability due to its additional functionality.

Feature Tickmill logoTickmill
FXOpen logoFXOpen
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 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Tickmill and FXOpen both provide daily market commentary and deliver forex news from top sources like Bloomberg and Reuters, ensuring traders stay well-informed. However, Tickmill offers an edge with a sentiment-based trading tool for evaluating market trends, which FXOpen does not. Tickmill further enhances its offering with tools from Acuity Trading, whereas FXOpen lacks this feature. Both brokers supply an economic calendar to keep track of global events, a crucial tool for any active trader.

When it comes to research ratings, Tickmill excels with a 4-star rating compared to FXOpen's 3 stars, highlighting Tickmill as the preferred choice for market analysis. On ForexBrokers.com, Tickmill significantly outpaces FXOpen, ranking 21st among 62 brokers, while FXOpen lags behind at 62nd place. Overall, Tickmill stands out as a stronger option for traders seeking comprehensive research tools and insights.

Feature Tickmill logoTickmill
FXOpen logoFXOpen
Daily Market Commentary info Yes Yes
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

For those new to the trading world, Tickmill appears to be a more resourceful choice compared to FXOpen when it comes to educational materials. Tickmill provides a wealth of educational content focused on forex and CFDs, offering over ten significant resources such as articles, videos, and webinars. They also host monthly webinars and maintain a searchable archive of these sessions, making it easier for learners to revisit useful information. Moreover, Tickmill caters to traders of all experience levels, with a wide selection of instructional videos tailored for both beginners and advanced traders. To top it off, they also provide a comprehensive investor dictionary covering over 50 investing terms, making it easier for new traders to familiarize themselves with essential concepts.

On the other hand, FXOpen falls short in several areas compared to Tickmill. While FXOpen does offer an investor dictionary similar to Tickmill, they lack the diversity and frequency of educational content available at Tickmill. FXOpen does not provide the minimum ten educational pieces on forex or CFDs, and there are no regular live client webinars or a searchable archive for past sessions. In contrast to Tickmill’s targeted beginner and advanced videos, FXOpen does not offer beginner-specific video content at the same scale. Due to these reasons, Tickmill receives a higher rating for education, standing at 4 stars and ranking 15th out of 62 brokers compared to FXOpen's 3 stars and 58th position. This distinction highlights Tickmill as the more favorable option for beginners seeking comprehensive educational support.

Feature Tickmill logoTickmill
FXOpen logoFXOpen
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
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 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 logoTickmill
FXOpen logoFXOpen
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 86 76
Range of Investments 3.5/5 Stars 3/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Tickmill or FXOpen?

Tickmill and FXOpen both do not provide the ability to purchase actual cryptocurrency, but they do offer the option to trade cryptocurrency derivatives.

What funding options does each broker offer?

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.




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.

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Compare

0 of 5
Overall Rating Tickmill FXOpen
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 86 76
Winner check_circle
Review Tickmill Review
Broker Screenshots Tickmill FXOpen
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 FXOpen
Trust Score info 86 76
Year Founded info 2014 2003
Publicly Traded (Listed) info No No
Bank info No No
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 FXOpen
Australia (ASIC Authorised) info No No
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 FXOpen
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 FXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 725 87
Forex Pairs (Total) info 63 25
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 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 Yes
Inactivity Fee info No Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Tickmill FXOpen
Minimum Deposit info $100 $100
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Tickmill FXOpen
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No Yes
Trading Tools Tickmill FXOpen
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Tickmill FXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research Tickmill FXOpen
Daily Market Commentary info Yes Yes
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 FXOpen
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Tickmill FXOpen
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
Overall Tickmill FXOpen
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 86 76
Winner check_circle
Review Tickmill Review
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