Written by ForexBrokers.com
In this head to head comparison of OANDA vs Tickmill, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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OANDA and Tickmill are online brokers that are both privately held and not banks. OANDA was founded in 1996 and holds seven Tier-1 licenses, while Tickmill was founded in 2014 and holds two Tier-1 and two Tier-2 licenses. According to ForexBrokers.com, OANDA’s Trust Score is 92/99 (highly trusted: 90–99) and Tickmill’s is 85/99 (trusted: 80–89).
If you value stricter oversight, OANDA’s larger set of top-tier licenses and higher Trust Score may stand out. Tickmill still earns a trusted rating and adds two mid-tier licenses to its regulatory mix. Neither company is publicly traded or a bank, so be sure to check the protections available in your country before opening an account.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Year Founded | 1996 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 0 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
OANDA and Tickmill take different approaches to trading costs, but Tickmill comes out ahead for most cost-focused traders. OANDA’s commissions and fees are generally on the high side, with effective spreads that can be steeper than many top brokers. Its core pricing can lower spreads, but it adds a commission of $5 per side per $100,000 traded, and the account requires a $10,000 minimum deposit. OANDA earns a 4-star rating and ranks #30 out of 36 brokers for commissions and fees.
Tickmill is usually the better pick if low trading costs are your main goal. Its Classic account is commission-free, but spreads are wider, while the Raw account offers tighter spreads plus a $3 per-side commission, or $6 per standard lot. Even with that fee, Tickmill’s overall cost is still competitive, and its Raw account only requires a $100 minimum deposit. Tickmill earns a 4.5-star rating and ranks #10 out of 36 brokers for commissions and fees.
In simple terms, OANDA is a solid choice for traders who value its execution style and small trade sizes, but Tickmill offers the stronger value on pricing. If you want lower all-in trading costs and a more budget-friendly entry point, Tickmill has the edge over OANDA in the commissions and fees category.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.68 | 1.70 |
| All-in Cost EUR/USD - Active | 1.69 | 0.70 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, OANDA gives traders more choice than Tickmill. OANDA offers forex trading, plus 4,172 tradeable symbols and 69 forex pairs, while Tickmill provides forex trading as well but with 637 tradeable symbols and 62 forex pairs. OANDA also stands out for letting clients buy exchange traded securities on both U.S. and international exchanges, such as Apple and Vodafone shares, which Tickmill does not offer.
Both brokers support copy trading and crypto CFDs, but OANDA goes a step further by also offering actual cryptocurrency purchases, not just CFDs. Based on this wider selection, OANDA earns 4.5 out of 5 stars for Range of Investments and ranks #20 out of 36 brokers at ForexBrokers.com, compared with Tickmill’s 3.5 stars and #30 ranking.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 637 |
| Forex Pairs (Total) | 69 | 62 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | 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.
OANDA and Tickmill both give traders a strong set of platform choices, including free demo accounts, web-based trading, Windows desktop apps, copy trading, and access to MetaTrader 4 and MetaTrader 5. Each broker also lets users trade directly from charts, which can make it easier to place orders while watching market moves in real time. For traders who want flexibility across devices and familiar third-party tools, both brokers cover the basics well.
The main difference is that OANDA also offers a proprietary platform built in-house, while Tickmill does not. In ForexBrokers.com’s Trading Platforms and Tools review, both brokers earned 4 out of 5 stars, but OANDA placed higher overall, ranking #16 out of 36 brokers compared with Tickmill’s #24 ranking. That suggests OANDA has a slight edge for platform and tool quality, even though both brokers offer a similar core trading experience.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | 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) | 89 | 97 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and Tickmill both offer mobile trading apps for iPhone and Android, so either broker gives you the basics for trading on the go. OANDA stands out for stock or forex price alerts, which can help you stay on top of market moves, while Tickmill does not offer this feature. Both apps let you draw trendlines on charts, but OANDA also auto saves your chart drawings, making it easier to pick up where you left off.
When it comes to chart tools, Tickmill offers more technical studies in its mobile app, with 97 compared with OANDA’s 30. Tickmill also supports watchlist symbol syncing, so changes made in the app and your online account stay matched, while OANDA does not. Even so, OANDA is the stronger choice overall for mobile trading apps, with a 5-star rating and a #7 ranking from ForexBrokers.com, compared with Tickmill’s 4 stars and #25 ranking.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 97 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
OANDA has the edge for market research overall. Both OANDA and Tickmill provide daily market commentary and an economic calendar, but OANDA goes further with forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus Autochartist tools and a sentiment feature that shows how traders are positioned across currency pairs. OANDA is also rated 5 stars for Research and ranks #4 out of 36 brokers in the ForexBrokers.com Research category.
Tickmill still offers useful research features, including daily market commentary, an economic calendar, and tools from Acuity Trading such as Signal Centre. However, it does not provide top-tier news feeds, Autochartist, or a sentiment-based trading tool, and it is rated 4 stars for Research, placing it #19 out of 36 brokers. For traders who want more built-in research support, OANDA is the stronger choice.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing OANDA and Tickmill for beginner-friendly education, both brokers give new traders plenty to work with. Each offers forex and CFD learning content with at least 10 educational pieces, plus online client webinars held at least once a month. They also both provide at least 10 beginner trading videos and at least 10 advanced videos, so learners can keep building skills as they gain experience.
That said, OANDA stands out for its stronger education rating, earning 5 stars compared with Tickmill’s 4 stars. On ForexBrokers.com, Tickmill is ranked higher for education overall at #14 out of 36 brokers, while OANDA is ranked #18. For beginners, the main takeaway is that both brokers have solid learning support, but OANDA scores better in quality, while Tickmill places a bit higher in the category ranking.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| 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 OANDA is better than Tickmill. OANDA finished with an overall rank of #13, while Tickmill finished with an overall rank of #23.
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
| Feature |
OANDA
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Tickmill
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| Trust Score | 92 | 85 |
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In the OANDA vs Tickmill comparison, OANDA allows you to buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, whereas Tickmill only offers cryptocurrency CFDs and does not support purchasing real crypto.
Comparing online brokers OANDA and Tickmill, OANDA supports ACH/SEPA (Tickmill does not), both accept PayPal, Skrill, and bank wire transfers, and 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 | OANDA | Tickmill | |
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| Trust Score | 92 | 85 | |
| Winner | check_circle | ||
| Review | OANDA Review | Tickmill Review |
| Broker Screenshots | OANDA | Tickmill | |
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| Regulation | OANDA | Tickmill | |
|---|---|---|---|
| Trust Score | 92 | 85 | |
| Year Founded | 1996 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 0 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | OANDA | Tickmill | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | OANDA | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 637 | |
| Forex Pairs (Total) | 69 | 62 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | OANDA | Tickmill | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.68 | 1.70 | |
| All-in Cost EUR/USD - Active | 1.69 | 0.70 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | Tickmill | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | OANDA | Tickmill | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | 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 | OANDA | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 89 | 97 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | Tickmill | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 97 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | OANDA | Tickmill | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | Tickmill | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | OANDA | Tickmill | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | OANDA Review | Tickmill Review |
| Overall | OANDA | Tickmill | |
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| Trust Score | 92 | 85 | |
| Winner | check_circle | ||
| Review | OANDA Review | Tickmill Review |
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