Written by ForexBrokers.com
In this head to head comparison of Tickmill vs LegacyFX, 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 and LegacyFX are both notable names in the world of online brokerage, each offering unique perspectives on regulation and trust. Founded in 2014, Tickmill holds a ForexBrokers.com Trust Score of 86, signifying a strong level of trust. This broker is backed by two Tier-1 licenses and two Tier-2 licenses, highlighting its compliance with top regulatory standards. It is important to note that Tickmill is neither publicly traded nor a bank.
LegacyFX, established in 2012, holds a Trust Score of 67, indicating a higher risk compared to Tickmill. With one Tier-1 license and no Tier-2 licenses, LegacyFX stands on comparatively less regulatory footing. Similar to Tickmill, LegacyFX is not publicly traded and does not operate as a bank. Understanding these ratings and regulatory nuances can help traders make informed decisions when choosing between these two brokerage firms.
| Feature |
Tickmill
|
LegacyFX
|
|---|---|---|
| Year Founded | 2014 | 2012 |
| 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 |
Comparing commissions and fees, Tickmill clearly undercuts LegacyFX for most traders. Tickmill earns 5 stars and ranks #4 out of 63 brokers for this category at ForexBrokers.com, while LegacyFX holds 3.5 stars and ranks #58 out of 63. If low trading costs and transparent pricing matter to you, Tickmill’s disclosure and structure make it easier to estimate your all-in costs than LegacyFX’s.
Tickmill offers two accounts. The Classic account is commission-free but carries higher average spreads (about 1.76 pips on EUR/USD as of August 2023). The Raw account (minimum $100) charges a $3 per side commission per standard lot ($6 round turn) and features very tight spreads. For example, Tickmill listed a typical EUR/USD spread of 0.11 pips in October 2023; adding today’s round-turn commission equivalent of 0.60 pips brings an estimated all-in cost to about 0.71 pips under normal market conditions. Even after its recent commission increase, Tickmill remains highly competitive for active and algorithmic traders.
LegacyFX’s fee picture is harder to pin down because it does not publish average spreads. In the EU (CySEC) it offers Silver, Gold, and Platinum accounts with minimum deposits of $500, $5,000, and $25,000; the Silver tier shows a minimum EUR/USD spread as high as 1.6 pips, with lower quoted minimums at higher tiers. Internationally (Vanuatu), LegacyFX has seven account types from $500 to $50,000, with perks tied to service and tools rather than clearly lower trading costs. Without average spread data, estimating your true cost at LegacyFX is challenging—another reason Tickmill’s transparent pricing and lower all-in costs stand out.
| Feature |
Tickmill
|
LegacyFX
|
|---|---|---|
| Minimum Deposit | $100 | $500 |
| 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 637 tradeable symbols and 63 forex pairs, while LegacyFX lists 425 symbols and 44 forex pairs. Both brokers let you trade forex as CFDs and/or spot contracts, support copy trading, and provide access to cryptocurrency CFDs. If you want to own assets outright, note that neither broker lets you buy actual cryptocurrencies or exchange-traded shares on U.S. or international exchanges.
For Range of Investments, both Tickmill and LegacyFX earn 3.5 out of 5 stars from ForexBrokers.com. In the category ranking of 63 brokers, Tickmill places #43 and LegacyFX sits at #49. The takeaway: Tickmill has the wider selection of instruments and currency pairs, while the core product lineup—forex, crypto CFDs, and copy trading—remains similar across both platforms.
| Feature |
Tickmill
|
LegacyFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 425 |
| Forex Pairs (Total) | 63 | 44 |
| 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). | 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 LegacyFX for trading platforms and tools: both brokers offer free demo (paper) accounts, Windows desktop downloads, and web-based platforms, plus copy trading. Neither provides a proprietary platform, so the focus is on MetaTrader. Tickmill supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while LegacyFX offers MT5 but not MT4—useful to know if you rely on MT4 indicators, EAs, or templates.
Both brokers let you place trades directly from charts. For overall platform quality, ForexBrokers.com rates Tickmill at 4 out of 5 stars and ranks it #30 of 63, while LegacyFX earns 3.5 out of 5 stars and ranks #61. If you want access to both MT4 and MT5 along with strong third-party tool support, Tickmill has the edge; if MT5-only is fine, LegacyFX covers the essentials.
| Feature |
Tickmill
|
LegacyFX
|
|---|---|---|
| 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 | No |
| 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 LegacyFX both offer mobile trading apps for iPhone and Android. Each app supports price alerts, 30 technical studies for charting, the ability to draw trendlines, and auto-saving of your chart drawings. One shared limitation: watchlists you create in the mobile app do not sync with your online account, so changes made on one won’t appear on the other.
For overall quality, Tickmill scores higher: 4 stars and ranked #30 out of 63 brokers for Mobile Trading Apps by ForexBrokers.com. LegacyFX earns 3.5 stars and ranks #62. If ratings and rankings matter to you, Tickmill’s mobile app has the edge, while LegacyFX delivers similar core tools with a lower score.
| Feature |
Tickmill
|
LegacyFX
|
|---|---|---|
| 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 | Yes |
Dive deeper: Best Forex Trading Apps.
Tickmill and LegacyFX both cover the basics well for market research: you’ll get daily market commentary, an economic calendar, and forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. The key differences come down to tools. Tickmill includes a sentiment-based trading tool that shows long/short positioning and also offers research from Acuity Trading (e.g., Signal Centre). LegacyFX, on the other hand, provides Autochartist for pattern recognition and trade ideas, but does not include a sentiment tool. Neither broker offers Trading Central.
Independent ratings back up these contrasts: Tickmill is rated 4 stars for Research and ranks #21 out of 63 brokers on ForexBrokers.com, while LegacyFX holds 3.5 stars and ranks #47. If you want a sentiment gauge and Acuity-driven insights, Tickmill is the stronger fit; if you prefer Autochartist’s technical pattern scanning, LegacyFX has the advantage there.
| Feature |
Tickmill
|
LegacyFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| 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.
Tickmill and LegacyFX both deliver forex and CFD education that goes well beyond the basics, with more than 10 learning pieces each across articles, videos, and archived webinars. Beginners get plenty to start with: both brokers host online client webinars at least once a month and offer 10 or more beginner-focused videos that explain trading terms, platform use, and simple strategies. As your skills grow, each also provides 10+ advanced videos that dig into technical analysis and trade planning.
In head-to-head comparisons, Tickmill has a slight edge for education quality and organization. It earns 4 stars and ranks #15 out of 63 brokers for Education at ForexBrokers.com, while LegacyFX scores 3.5 stars and ranks #35. If you want a higher-rated learning path, Tickmill is the better pick; if you’re simply looking for a wide range of beginner materials and regular webinars, LegacyFX still offers plenty to learn from.
| Feature |
Tickmill
|
LegacyFX
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
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 LegacyFX. Tickmill finished with an overall rank of #22, while LegacyFX finished with an overall rank of #63.
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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LegacyFX
|
|---|---|---|
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| Trust Score | 86 | 67 |
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In the Tickmill vs LegacyFX comparison for cryptocurrency trading, both brokers do not support buying actual, delivered crypto, but they do offer cryptocurrency CFDs, allowing traders to speculate on digital asset prices without owning coins.
Tickmill vs LegacyFX deposit and withdrawal methods: both brokers do not support ACH or SEPA transfers; Tickmill supports PayPal, Skrill, and bank wires, while LegacyFX’s support for PayPal, Skrill, and bank wires is not specified; Visa/Mastercard availability is not specified for either.
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 | LegacyFX | |
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| Trust Score | 86 | 67 | |
| Winner | check_circle | ||
| Review | Tickmill Review | LegacyFX Review |
| Broker Screenshots | Tickmill | LegacyFX | |
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| Regulation | Tickmill | LegacyFX | |
|---|---|---|---|
| Trust Score | 86 | 67 | |
| Year Founded | 2014 | 2012 | |
| 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 | LegacyFX | |
|---|---|---|---|
| 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 | LegacyFX | |
|---|---|---|---|
| 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 | LegacyFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 425 | |
| Forex Pairs (Total) | 63 | 44 | |
| 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). | 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 | LegacyFX | |
|---|---|---|---|
| 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 | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Tickmill | LegacyFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Tickmill | LegacyFX | |
|---|---|---|---|
| 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 | LegacyFX | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Tickmill | LegacyFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | LegacyFX | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Tickmill | LegacyFX | |
|---|---|---|---|
| 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 | LegacyFX Review |
| Overall | Tickmill | LegacyFX | |
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| Trust Score | 86 | 67 | |
| Winner | check_circle | ||
| Review | Tickmill Review | LegacyFX Review |
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