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 account | 1.70 | N/A |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Tickmill offers a wider range of markets than FXOpen. You’ll find 637 tradeable symbols at Tickmill versus 87 at FXOpen, including 63 forex pairs at Tickmill compared with 25 at FXOpen. Both brokers support forex trading as CFDs or spot contracts and offer copy trading. For crypto, both provide cryptocurrency CFDs but do not offer the ability to buy actual coins. Neither broker provides access to exchange-traded stocks on U.S. or international exchanges.
When it comes to ratings for range of investments, Tickmill earns 3.5 out of 5 stars and ranks 43rd out of 63 brokers on ForexBrokers.com, while FXOpen scores 3 out of 5 stars and ranks 63rd. If having more instruments and currency pairs matters to you, Tickmill delivers a broader selection, whereas FXOpen may suit traders who prefer a leaner lineup.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 87 |
| Forex Pairs (Total) | 63 | 25 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 and FXOpen both offer free demo (paper) trading and support the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Each broker provides a Windows desktop download and a web-based platform, plus copy trading and the ability to place orders directly from charts. Neither broker has a proprietary, in-house platform, so your experience centers on MetaTrader and compatible tools.
For charting and watch lists, the exact number of built-in indicators and fields isn’t specified and can vary by MetaTrader setup. In independent testing by ForexBrokers.com, both earned 4 stars for Trading Platforms & Tools, with Tickmill ranked #30 out of 63 brokers and FXOpen ranked #54. If you want a slightly higher standing while keeping the same MT4/MT5 lineup, Tickmill edges ahead; if you simply want MetaTrader with web and desktop access plus copy trading, FXOpen is a comparable pick.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 91 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and FXOpen both offer mobile trading apps for iPhone and Android, with price alerts, 30 technical studies for charting, and the ability to draw trendlines. Neither app syncs watchlists with the web platform. A key difference: Tickmill’s app auto-saves your chart drawings, while FXOpen’s app does not, which can matter if you revisit charts often or use multiple devices.
Both brokers earn 4 out of 5 stars for their mobile trading apps, but Tickmill holds a stronger position in industry rankings—#30 out of 63 brokers on ForexBrokers.com versus FXOpen at #55. If you value saved chart work and a higher category rank, Tickmill is the better fit; if you just need core tools and alerts on iPhone or Android, FXOpen delivers a similar feature set.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking forex and CFD education, Tickmill stands out. It runs monthly client webinars and offers at least 10 beginner video lessons, plus a deeper set of advanced videos for when you’re ready to level up. This structured path makes it easier to start with the basics and progress. Tickmill’s Education score is 4 out of 5 stars, and it ranks #15 out of 63 brokers on ForexBrokers.com for Education.
FXOpen has fewer beginner-friendly resources. It does not host monthly educational webinars and does not provide 10+ beginner or advanced video lessons, so new traders may find less guidance. FXOpen’s Education score is 3 out of 5 stars, with a #59 out of 63 ranking for Education. If you want frequent webinars and a larger video library to learn from, Tickmill is the stronger choice; if you’re more self-directed and need only basic materials, FXOpen could still work.
| Feature |
Tickmill
|
FXOpen
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
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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In a head-to-head crypto trading comparison, both Tickmill and FXOpen do not support buying actual (delivered) cryptocurrency, but each broker offers cryptocurrency CFD trading for traders seeking exposure without owning the underlying asset.
Comparing online brokers Tickmill and FXOpen: Tickmill supports PayPal, Skrill, and bank wire deposits and withdrawals but not ACH/SEPA, while FXOpen also does not support ACH/SEPA and its availability of PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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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| Broker Gallery (click to expand) |
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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, FSRA, or SCA 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. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 1.70 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Tickmill | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Tickmill | FXOpen | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Tickmill | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 91 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Tickmill | FXOpen | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | FXOpen | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Tickmill | FXOpen | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Tickmill Review |
| Overall | Tickmill | FXOpen | |
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| Trust Score | 86 | 76 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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