Written by ForexBrokers.com
In this head to head comparison of Tickmill vs FXPrimus, 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.
Tickmill, founded in 2014, and FXPrimus, established in 2009, are both notable players in the online brokerage space. Neither company is publicly traded nor operates as a bank. When it comes to regulatory credentials, Tickmill holds an advantage with two Tier-1 licenses, which are highly trusted by ForexBrokers.com, and two Tier-2 licenses, considered trusted. In comparison, FXPrimus holds one Tier-1 license and does not possess any Tier-2 licenses.
Evaluating their trustworthiness, Tickmill earns a Trust Score of 86 from ForexBrokers.com, marking it as a trusted brokerage. On the other hand, FXPrimus scores a 71, positioning it at an average risk level. These scores highlight Tickmill's stronger regulatory standing and perceived trustworthiness, making it a more appealing choice for those prioritizing regulatory compliance in their trading experience.
| Feature |
Tickmill
|
FXPrimus
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Tickmill and FXPrimus both offer unique advantages in terms of commissions and fees, catering to different types of traders. Tickmill, known for its competitive pricing, provides two main accounts: Classic and Raw. The Classic account features a commission-free structure, allowing traders to only pay the spread, which averages 1.76 pips as of August 2023. On the other hand, the Raw account suits more active traders with its enhanced commission structure of $3 per side per standard lot, effectively resulting in an all-in cost of 0.71 pips for popular trading pairs like EUR/USD. Despite the recent commission increase, Tickmill's Raw account, which requires a minimum deposit of just $100, continues to appeal to traders thanks to its low typical spread of 0.11 pips and support for algorithmic trading.
FXPrimus, while lacking publicly available average spread data, offers a different appeal. It provides satisfactory cost efficiency, earning a respectable four-star rating in the commissions and fees category. Positioned at #42 out of 63 brokers according to ForexBrokers.com, FXPrimus delivers a service that balances affordability with quality, especially for traders who prefer straightforward pricing without needing precise spread details.
Clearly, Tickmill stands out with a five-star rating for its commissions and fees and ranks impressively at #4 among 63 brokers for this category. The broker's transparent fee structure and competitive pricing are designed to benefit both new and seasoned traders looking for low-cost trading solutions. Comparatively, FXPrimus offers a commendable option for those prioritizing simple trading fees, with its service appeal adjusted for different trading needs.
| Feature |
Tickmill
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.51 | N/A |
| All-in Cost EUR/USD - Active | 0.31 | N/A |
| Active Trader or VIP Discounts | No | No |
| 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.
Both Tickmill and FXPrimus provide investors the opportunity to trade forex as CFDs or spot contracts, catering to traders keen on the forex market. Tickmill offers a more extensive selection with 725 tradeable symbols, including 63 forex pairs, whereas FXPrimus provides 140 tradeable symbols, including 42 forex pairs. Despite their differing quantities of offerings, neither broker allows for the purchase of exchange-traded securities on U.S. or international exchanges. Additionally, both platforms incorporate copy trading features, allowing investors to mirror the strategies of successful traders.
When it comes to cryptocurrency trading, neither Tickmill nor FXPrimus allows for the purchase of actual cryptocurrencies but both offer trading in cryptocurrency derivatives. Despite the differing extensiveness of their product offerings, both brokers have received a 3.5-star rating for their range of investments. However, according to ForexBrokers.com, Tickmill ranks higher at #42 compared to FXPrimus's rank of #59 out of 63 brokers for this category. This positioning reflects subtle differences in their offerings and might be an influencing factor for potential customers choosing between the two.
| Feature |
Tickmill
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 140 |
| Forex Pairs (Total) | 63 | 42 |
| 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). | 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.
Both Tickmill and FXPrimus shine in providing user-friendly trading platforms and tools that cater to both novice and experienced traders. Each broker offers a free virtual demo account, making it easy for newcomers to practice before diving into live trading. They both support Windows-based desktop platforms as well as convenient web-based options for trading straight from your browser. Additionally, both brokers integrate the widely-used MetaTrader platforms—MT4 and MT5—and support copy trading. Although neither broker offers DupliTrade or ZuluTrade, they are well-equipped for trade execution directly from stock charts and provide a comprehensive suite of 15 drawing tools for enhanced charting capability.
Distinguishing themselves slightly, FXPrimus takes it a step further by offering a proprietary trading platform developed in-house. Meanwhile, Tickmill's platforms are primarily third-party but still offer seamless functionality. For those who like to keep a keen eye on market movements, both brokers provide detailed watch lists with seven customizable columns. While both Tickmill and FXPrimus are rated four stars for trading platforms and tools, Tickmill ranks slightly higher at #32 compared to FXPrimus’s #49 out of 63 brokers, according to ForexBrokers.com. This suggests that while both are strong contenders in the trading platform space, Tickmill is marginally more recognized for its offerings in this category.
| Feature |
Tickmill
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading, both Tickmill and FXPrimus provide solid options for traders using iPhones and Android devices. They offer stock and forex price alerts, as well as comprehensive charting features with 30 technical studies and the ability to draw trendlines. Both apps allow users to view different time frames, auto-save chart drawings, and create watchlists with real-time quotes. However, neither app offers the convenience of syncing watchlists across mobile and online accounts, which might be something to consider for traders who switch between platforms frequently.
Despite these similarities, Tickmill edges out FXPrimus in terms of recognition, ranking #32 compared to FXPrimus's #48 in the Mobile Trading Apps category by ForexBrokers.com. Both apps receive a respectable rating of 4 out of 5 stars, suggesting they're well-regarded among users. If the ease of watchlist syncing isn't a priority, both apps offer capable features that should satisfy the needs of most mobile traders. Ultimately, the choice between Tickmill and FXPrimus may come down to their overall reputation and how they align with your specific trading strategies.
| Feature |
Tickmill
|
FXPrimus
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Tickmill and FXPrimus for their market research offerings, both brokers provide daily market commentary and maintain an economic calendar that helps traders stay informed about global news events. However, Tickmill takes a step further by offering forex news from leading sources like Bloomberg and Reuters, which FXPrimus does not. Additionally, Tickmill provides a sentiment-based trading tool, offering insights into the ratio of long or short positions on various currency pairs, a feature absent from FXPrimus's offerings.
In partnership with Acuity Trading for research tools, Tickmill enhances its research capabilities with resources like the Signal Centre, which FXPrimus does not offer. While both brokers lack technical analysis or fundamental research tools from Autochartist and Trading Central, Tickmill's comprehensive new services and unique sentiment-based tools earn it a higher research rating of 4 stars, compared to FXPrimus's 3 stars. This distinction is further reflected in Tickmill's higher ranking of 22nd among 63 brokers on ForexBrokers.com, compared to FXPrimus's ranking of 58th for research.
| Feature |
Tickmill
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners offered by Tickmill and FXPrimus, it's clear that both brokers provide a solid foundation for learning about forex and CFDs through a variety of materials. Each offers more than ten educational pieces, including articles and videos, along with regular online webinars that are also available in searchable archives. However, Tickmill takes a more comprehensive approach by offering a wide range of educational videos tailored specifically for both beginners and advanced traders, something FXPrimus falls short on. Additionally, Tickmill provides an investor dictionary, giving newcomers a helpful resource to understand essential trading terms, whereas FXPrimus does not offer this feature.
Based on educational support, Tickmill is rated higher with four out of five stars compared to FXPrimus's three-star rating. The rankings from ForexBrokers.com further highlight this difference, with Tickmill positioned at #15 out of 63 brokers for education, significantly ahead of FXPrimus at #51. This suggests that for beginners keen on building a stronger understanding of trading concepts, Tickmill offers a more extensive suite of educational tools and resources. Overall, both brokers are committed to educating their clients, but Tickmill appears to provide a wider and more accessible range of educational materials to help beginners and seasoned traders alike.
| Feature |
Tickmill
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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 FXPrimus. Tickmill finished with an overall rank of #22, while FXPrimus finished with an overall rank of #53.
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
|
FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 71 |
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Both Tickmill and FXPrimus do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
When comparing online brokers Tickmill and FXPrimus, both platforms allow deposits and withdrawals via Skrill, Visa, Mastercard, and bank wires, but only Tickmill offers PayPal as a payment option, while neither supports ACH or SEPA transfers.
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 | FXPrimus | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | FXPrimus | |
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| Regulation | Tickmill | FXPrimus | |
|---|---|---|---|
| Trust Score | 86 | 71 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | FXPrimus | |
|---|---|---|---|
| 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| 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 | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| 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) | No | No |
| Investments | Tickmill | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 140 | |
| Forex Pairs (Total) | 63 | 42 | |
| 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). | 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 | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | N/A | |
| All-in Cost EUR/USD - Active | 0.31 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| 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 | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Tickmill | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | FXPrimus | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Tickmill | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Tickmill | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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