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.
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.
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 |
Comparing commissions and fees, Tickmill generally undercuts OANDA for typical EUR/USD trading. Tickmill’s Raw account lists a 0.11‑pip typical spread plus a $3-per-side commission, for an all-in cost around 0.71 pips. OANDA’s default pricing averaged 1.61 pips in July 2024; switching to OANDA’s Core pricing narrows the spread to roughly 0.4 pips but adds a $5-per-side commission (about 1 pip round turn), bringing the estimated all-in cost to about 1.4 pips. In short, Tickmill tends to be cheaper for active traders, while OANDA’s Core plan notably improves on its standard pricing if you qualify.
OANDA’s commission-free (default) spreads are on the higher side. Its Core pricing cuts the spread but requires a $10,000 minimum deposit and adds $5 per side per $100,000 traded (about $10 per round turn). OANDA supports tiny trade sizes down to 1 unit, and its Elite Trader program offers volume rebates of $5–$17 per million in select regions. OANDA also publishes trailing average spreads to aid transparency, though they aren’t fixed to a specific period for easy apples-to-apples comparisons.
Tickmill offers two accounts: Classic (spread-only, with much wider average spreads around 1.76 pips as of August 2023) and Raw (tight spreads plus commission). The Raw account carries the new $3-per-side commission and only a $100 minimum deposit, delivering competitive all-in costs that appeal to frequent traders. Ratings and rankings: OANDA earns 4 stars and ranks #30 out of 63 for Commissions and Fees, while Tickmill earns 4.5 stars and ranks #10 out of 63.
| 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.
Comparing OANDA vs Tickmill on range of investments, both brokers let you trade forex as CFDs or spot contracts and both support copy trading. OANDA lists far more instruments overall (4,172 tradeable symbols) than Tickmill (637), and offers slightly more forex pairs (69 vs 63). OANDA also gives access to exchange-traded stocks on U.S. and international markets, while Tickmill does not offer exchange-traded securities. For crypto, OANDA lets you buy actual cryptocurrencies as well as crypto CFDs, whereas Tickmill offers only crypto CFDs.
For Range of Investments, OANDA is rated 4.5 stars and ranks #20 out of 63 brokers, while Tickmill is rated 3.5 stars and ranks #30 out of 63. If you want a wider selection that includes stocks and delivered crypto, OANDA is the better fit. If your focus is mainly forex and crypto CFDs, Tickmill covers the basics.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 637 |
| Forex Pairs (Total) | 69 | 63 |
| 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 deliver strong trading platforms and tools. Each broker provides a free demo (paper) trading account, a browser-based platform, and a Windows desktop download, plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5). OANDA also offers its own proprietary platform, while Tickmill focuses on third‑party platforms. Both support copy trading and let you place orders directly from charts, with charting features and watchlists available at each broker.
For Trading Platforms and Tools, both OANDA and Tickmill earn 4 out of 5 stars from ForexBrokers.com. In this category, OANDA ranks #16 out of 63 brokers, while Tickmill ranks #24. If you want an in-house platform alongside MetaTrader, OANDA has the edge; if you’re satisfied with MetaTrader plus web and desktop access, copy trading, and a free demo account, either broker can fit the bill.
| 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 | 91 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and Tickmill both deliver mobile trading apps for iPhone and Android, with stock and forex price alerts available on each. Their charting is comparable: both apps include 30 technical indicators, let you draw trendlines, and auto-save your chart drawings. One limitation they share is the lack of watchlist symbol syncing between the mobile app and the web platform, so changes you make in one place won’t carry over to the other.
Where they differ is in industry feedback. For Mobile Trading Apps, OANDA earns 5 stars and ranks #7 out of 63 brokers on ForexBrokers.com, while Tickmill earns 4 stars and ranks #25. If independent ratings and overall app experience are priorities, OANDA has the edge. If you mainly need core charting tools and alerts on both iPhone and Android, Tickmill offers a similar feature set.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| 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.
In this OANDA vs Tickmill research comparison, both brokers deliver daily market commentary, forex news from top-tier sources like Bloomberg and Reuters, handy economic calendars, and sentiment tools that show the ratio of long vs short positions. Neither broker offers Trading Central or TipRanks. The key difference lies in add-on tools: OANDA includes Autochartist for pattern recognition and technical setups, while Tickmill does not; instead, Tickmill provides research from Acuity Trading (Signal Centre), which OANDA does not offer.
Ratings highlight the gap: OANDA earns 5 stars and ranks #4 out of 63 brokers for Research at ForexBrokers.com, while Tickmill holds 4 stars and ranks #19. Choose OANDA if you want Autochartist alongside daily analysis and premium news; pick Tickmill if you prefer Acuity Trading’s signals within a similar mix of commentary, news, calendar, and sentiment data.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both OANDA and Tickmill offer full forex and CFD education libraries with well over the minimum 10 pieces. Each broker runs monthly live educational webinars and provides at least 10 beginner videos that explain trading basics in plain language. As your skills grow, both also supply 10+ advanced videos, so beginners can move from fundamentals to more detailed strategies without leaving the platform.
For quality, OANDA earns 5 stars for Education, while Tickmill is rated 4 stars. In ForexBrokers.com’s Education category, Tickmill ranks #14 out of 63 brokers, and OANDA ranks #18. In short: both are strong choices for new traders who want videos and recurring webinars; choose OANDA if you prioritize a top star rating for educational content, or Tickmill if you favor a slightly higher 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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|---|---|---|
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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 | 63 | |
| 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 | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 91 | |
| 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 | 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 | OANDA | Tickmill | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| 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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