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 | 1.70 | N/A |
| All-in Cost EUR/USD - Active | 0.70 | 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.
When comparing the investment options provided by Tickmill and FXPrimus, both platforms allow users to engage in forex trading through CFDs or spot contracts, offering accessibility to a wide range of currency exchanges. Tickmill presents a more extensive selection of tradeable symbols, totaling 637, while FXPrimus features 140 symbols. For those prioritizing forex pairs, Tickmill offers 63 options, outpacing the 42 pairs available with FXPrimus. Both brokers, however, lack the ability to trade actual exchange-traded securities on both U.S. and international exchanges, meaning clients cannot purchase shares like Apple or Vodafone.
For traders interested in cryptocurrency derivatives, both Tickmill and FXPrimus provide this option, though neither supports the purchase of actual cryptocurrencies. Copy trading is available on both platforms, giving users the ability to follow and emulate the trades of more experienced traders. Despite Tickmill's more extensive offerings, both brokers receive a 3.5-star rating for their range of investments. However, their rankings differ on ForexBrokers.com, with Tickmill at #42 and FXPrimus at #59 out of 63 brokers in the Range of Investments category. This serves as a useful indicator for potential investors to consider the breadth of services offered.
| Feature |
Tickmill
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 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.
When comparing Tickmill and FXPrimus in terms of their trading platforms and tools, both brokers offer essential features to support traders. Both provide free virtual demo accounts for simulated trading, enabling users to practice without financial risk. FXPrimus also offers a proprietary platform developed in-house, whereas Tickmill does not. Both brokers have Windows-based desktop platforms and web-based platforms for convenient access. Additionally, they both support popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with copy trading capabilities. However, neither offers DupliTrade or ZuluTrade options.
In terms of charting tools, Tickmill supplies nine drawing tools, while FXPrimus provides a more extensive set with fifteen. Both brokers allow trading directly from stock charts, and offer seven fields for watch lists. Despite these similarities, Tickmill has a higher rank of #29 compared to FXPrimus's #49 in the Trading Platforms and Tools category by ForexBrokers.com, attributed to slight differences in their technical specifications and offerings. Both are rated 4 out of 5 stars in this category, denoting a satisfactory standard for traders seeking dependable platforms for trading activities.
| 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) | 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.
When it comes to mobile trading apps, both Tickmill and FXPrimus offer apps available for iPhone and Android users, with features like price alerts and the ability to draw trendlines or view multiple time frames on stock or forex charts. Users can also expect their app drawings to be auto-saved and have access to 30 technical studies for charting. Both brokers allow the creation of watchlists with real-time quotes, although neither supports watchlist syncing between the mobile app and online account.
Despite their similar functionality, there are differences in their mobile trading rankings. Tickmill boasts a slightly better reputation, holding a #29 ranking among 63 brokers for mobile trading apps on ForexBrokers.com, while FXPrimus comes in at #48. Both Tickmill and FXPrimus, however, are rated four out of five stars for their mobile trading offerings, indicating they provide a competent trading experience on mobile devices.
| 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 in terms of market research offerings, both brokers provide daily market commentary and maintain economic calendars to keep traders informed of global news events. However, Tickmill has the edge with its access to forex news from top-tier sources like Bloomberg and Reuters, offering traders more in-depth news coverage. In contrast, FXPrimus lacks this level of news service, leaving a gap for those seeking comprehensive market insights. Both brokers do not provide technical analysis tools from Autochartist or Trading Central, narrowing their options for traders relying on these resources.
Tickmill further distinguishes itself by offering a sentiment-based trading tool, allowing users to view ratios of long or short positions across various instruments, which FXPrimus does not provide. Additionally, Tickmill integrates tools from Acuity Trading, enhancing the scope for research-driven trading strategies. Despite these differences, both brokers receive moderate ratings for research, with Tickmill earning 4 stars and FXPrimus 3 stars from ForexBrokers.com. This rating disparity corresponds with their rankings in the Research category, where Tickmill achieves the 21st position out of 63 brokers, significantly ahead of FXPrimus, which ranks 58th. This data illustrates Tickmill's stronger research capabilities compared to FXPrimus, making Tickmill a more attractive choice for traders prioritizing market intelligence.
| 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 | |
| Signal Centre (Acuity Trading) | Yes | |
| 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) | |||
| 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) | |||
| 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 | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 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 | 1.70 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | 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) | 91 | 30 | |
| Charting - Drawing Tools (Total) | 9 | 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 | ||
| 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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