Written by ForexBrokers.com
In this head to head comparison of Tickmill vs iFOREX, 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.
Established in 2014, Tickmill is a relative newcomer to the online brokerage scene, while iFOREX has a longer history, being founded in 1996. Both brokers are privately owned and are not banks, aligning with standard financial industry practices. When it comes to regulatory strength, Tickmill holds a stronger position with 2 Tier-1 and 2 Tier-2 licenses, compared to iFOREX's 1 Tier-1 license and lack of Tier-2 licenses. This indicates a broader regulatory footprint for Tickmill, providing added peace of mind for investors concerned about financial oversight and security.
In terms of trustworthiness, according to ForexBrokers.com, Tickmill scores an 86 out of 99, placing it in the "trusted" category. On the other hand, iFOREX receives a Trust Score of 75, which falls under the "average risk" category. This comparison highlights Tickmill as a more trusted choice, offering enhanced investor security assurances through its regulatory credentials and trust score, despite both companies being fairly similar in other aspects such as their private ownership and lack of banking status.
| Feature |
Tickmill
|
iFOREX
|
|---|---|---|
| Year Founded | 2014 | 1996 |
| 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 keeps pricing straightforward with two account types. The Classic account is commission-free but carries wider average spreads (about 1.76 pips as of August 2023). The Raw account—now replacing the former Pro tier—charges a $3 per side commission ($6 per standard lot) and features very tight spreads. For EUR/USD, Tickmill lists a typical 0.11-pip spread (October 2023); once you add the higher round‑turn commission equivalent of 0.6 pips, the all‑in cost comes to roughly 0.71 pips. Spreads are recorded during normal market conditions, and the Raw account’s $100 minimum helps cost‑conscious, active traders access these rates. Tickmill earns 5 out of 5 stars for commissions and fees and ranks #4 out of 63 brokers.
By contrast, iFOREX does not provide average spread data, which makes a precise cost comparison difficult. The limited transparency is reflected in its scores: iFOREX holds 3 out of 5 stars for commissions and fees and ranks #62 out of 63 brokers. If low, clearly stated trading costs are a priority—especially tight spreads paired with a per‑trade commission—Tickmill generally offers the more compelling value.
| Feature |
Tickmill
|
iFOREX
|
|---|---|---|
| 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 vs iFOREX: iFOREX lists 750 tradeable symbols compared with Tickmill’s 637. For currency traders, iFOREX offers 88 forex pairs while Tickmill has 63. Both brokers support forex trading as CFDs or spot contracts. Neither broker provides direct access to exchange-traded stocks on U.S. or international exchanges. For Range of Investments, both earned 3.5 out of 5 stars, with iFOREX ranked #42 and Tickmill #43 out of 63 brokers by ForexBrokers.com.
Both brokers let you trade cryptocurrency via CFDs, but neither offers actual, delivered crypto. Tickmill supports copy trading, whereas iFOREX does not. In short, iFOREX is the better fit if you want more symbols and forex pairs, while Tickmill suits traders who value copy trading alongside a broad CFD lineup.
| Feature |
Tickmill
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 750 |
| Forex Pairs (Total) | 63 | 88 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| 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). | 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.
Comparing Tickmill vs iFOREX for trading platforms and tools: Tickmill offers a free demo account for simulated trading, while iFOREX does not. Tickmill supports a Windows desktop platform and popular third-party platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5); iFOREX does not offer MT4 or MT5 and has no Windows desktop app, but it does provide its own proprietary platform. Both brokers have a web-based platform. Tickmill includes copy trading, whereas iFOREX does not.
For charting, both brokers let you place trades directly from charts. The number of built-in technical indicators and the number of watch list columns are not specified for either broker. Both are rated 4 out of 5 stars for Trading Platforms and Tools by ForexBrokers.com, with Tickmill ranked #30 of 63 brokers and iFOREX ranked #55 of 63. If you value MT4/MT5 access, a Windows app, copy trading, and a free demo, Tickmill stands out; if you prefer a broker’s own in-house platform, iFOREX may appeal.
| Feature |
Tickmill
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 91 | 57 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and iFOREX both offer mobile trading apps for iPhone and Android, and each earns a 4-star rating for mobile trading. However, their standings differ in industry rankings: ForexBrokers.com places Tickmill at #30 out of 63 brokers for Mobile Trading Apps, while iFOREX sits at #56.
Feature-wise, Tickmill pulls ahead for active chart users. It supports price alerts, includes 30 technical studies, lets you draw trendlines, and auto-saves your chart drawings. iFOREX does not offer price alerts, does not support trendline tools or auto-saving drawings, and its number of in-app technical studies is not listed. Neither app syncs watchlists between mobile and the web. If you want stronger charting and alerts on the go, Tickmill is the better fit; if you just need basic trading access on iOS or Android, both apps will get you started.
| Feature |
Tickmill
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Tickmill and iFOREX both publish daily market commentary and provide useful tools like an economic calendar and sentiment gauges showing the share of long vs. short positions. Tickmill delivers forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, which iFOREX does not. Neither broker offers Autochartist. iFOREX includes research from Trading Central, while Tickmill does not. Tickmill integrates Acuity Trading (for example, Signal Centre) and does not offer TipRanks; for iFOREX, availability of TipRanks or Acuity Trading is not specified.
For overall research, ForexBrokers.com rates Tickmill 4/5 and ranks it 21st out of 63 brokers, while iFOREX is rated 3.5/5 and ranked 49th. If you value top-tier news feeds and Acuity Trading signals, Tickmill is the stronger fit; if you prefer Trading Central’s analysis alongside daily commentary and sentiment tools, iFOREX may suit your needs.
| Feature |
Tickmill
|
iFOREX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing forex and CFD education for beginners, both Tickmill and iFOREX deliver plenty of starter content. Each broker offers at least 10 beginner-friendly trading videos, making it easy to learn basics like order types, charts, and risk control. Tickmill goes a step further with monthly live client webinars, which can be helpful for Q&A and real-time learning. iFOREX does not host monthly educational webinars.
If you plan to grow beyond the basics, Tickmill also provides 10+ advanced videos for more experienced topics, while iFOREX does not meet that threshold. These differences show up in third-party ratings: Tickmill earns 4 stars for Education and ranks #15 out of 63 brokers at ForexBrokers.com, while iFOREX holds 3.5 stars and ranks #53. In short, both brokers can start you off, but Tickmill offers a clearer path from beginner to advanced, plus live sessions to support your progress.
| Feature |
Tickmill
|
iFOREX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 iFOREX. Tickmill finished with an overall rank of #22, while iFOREX finished with an overall rank of #52.
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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iFOREX
|
|---|---|---|
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| Trust Score | 86 | 75 |
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Tickmill vs iFOREX: neither online broker lets you buy actual (delivered) cryptocurrencies, but both support trading cryptocurrency CFDs.
Tickmill vs iFOREX: both do not support ACH/SEPA for deposits and withdrawals; Tickmill supports PayPal, Skrill, and bank wire transfers, while iFOREX’s 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 | iFOREX | |
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| Trust Score | 86 | 75 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | iFOREX | |
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| Regulation | Tickmill | iFOREX | |
|---|---|---|---|
| Trust Score | 86 | 75 | |
| Year Founded | 2014 | 1996 | |
| 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 | iFOREX | |
|---|---|---|---|
| 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 | iFOREX | |
|---|---|---|---|
| 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 | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 750 | |
| Forex Pairs (Total) | 63 | 88 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| 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). | 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 | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.70 | N/A | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Tickmill | iFOREX | |
|---|---|---|---|
| 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 | iFOREX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Tickmill | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 91 | 57 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Tickmill | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Tickmill | iFOREX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | iFOREX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Tickmill | iFOREX | |
|---|---|---|---|
| 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 | iFOREX | |
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| Trust Score | 86 | 75 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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