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, established in 1996, and Tickmill, founded in 2014, are both online brokers known for their reliability and trustworthiness. Neither company is publicly traded or operates as a bank, emphasizing their focus solely on brokerage services. OANDA boasts a significant advantage in regulatory credentials, holding 7 Tier-1 licenses, which are highly trusted according to ForexBrokers.com. In contrast, Tickmill holds 2 Tier-1 and 2 Tier-2 licenses. OANDA’s commitment to secure trading environments is reflected in its impressive Trust Score rating of 93 out of 99, categorizing it as highly trusted, while Tickmill’s score of 86 still maintains a trusted standing.
For traders prioritizing security and established track records, OANDA offers a strong case with its higher number of top-tier licenses and longevity in the market. Tickmill, though younger and with fewer top-tier licenses, remains a trusted option for many thanks to its solid Trust Score and regulatory backing. Choosing the right broker depends largely on individual needs, but both OANDA and Tickmill provide regulated, trustworthy platforms for traders around the globe.
| 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 is the clear price leader for most traders, while OANDA offers convenience and flexibility. Tickmill earns 5/5 stars and ranks #4 of 63 for Commissions and Fees (ForexBrokers.com), versus OANDA’s 4/5 stars and #35 of 63. In practice, Tickmill’s Raw account tends to deliver lower all-in costs, whereas OANDA’s pricing is higher but comes with perks like automated execution and ultra-small trade sizes.
OANDA’s default spreads can be steep: the average EUR/USD spread was 1.61 pips in July 2024. Its Core pricing lowers the spread (e.g., to about 0.4 pips) but adds a $5 per-side commission per 100,000 units ($10 round turn), putting the all-in cost near 1.4 pips—still just under its commission-free pricing. Core pricing requires a $10,000 minimum deposit. OANDA stands out for allowing trades as small as 1 unit, and offers Elite Trader rebates ($5–$17 per million) in select regions. It publishes trailing average spreads for transparency, though not over fixed periods.
Tickmill offers two accounts. Classic is commission-free but carries higher spreads (about 1.76 pips on EUR/USD as of August 2023). The Raw account (minimum $100) adds a $3 per-side commission ($6 round turn) but lists a typical EUR/USD spread of 0.11 pips; the resulting all-in cost is roughly 0.71 pips under normal conditions. Bottom line: Tickmill’s Raw account delivers one of the lowest effective costs for active traders, whereas OANDA trades off higher pricing for premium execution features and very small position sizing.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.69 | 1.70 |
| All-in Cost EUR/USD - Active | 1.69 | 0.70 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
OANDA and Tickmill both support forex trading via CFDs and/or spot, but OANDA offers a far wider range of markets. OANDA lists 4,172 tradeable symbols and 69 forex pairs, compared with Tickmill’s 637 symbols and 63 pairs. OANDA also lets clients buy exchange-traded stocks on both U.S. and international exchanges, while Tickmill does not offer exchange-listed shares.
Both brokers provide copy trading and cryptocurrency derivatives, but only OANDA lets you buy actual crypto. For Range of Investments, OANDA is rated 4 out of 5 stars and ranks #28 of 63 brokers, while Tickmill earns 3.5 out of 5 stars and ranks #43, according to ForexBrokers.com. If you want broader market access—especially stocks and more symbols—OANDA has the edge; if you mainly trade forex and CFDs, both will cover the basics. Availability can vary by region.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 637 |
| Forex Pairs (Total) | 69 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | 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.
Comparing OANDA vs Tickmill on trading platforms and tools: both online brokers offer free demo (paper) trading, web-based platforms, and Windows desktop platforms. OANDA provides a proprietary, in-house platform in addition to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Tickmill focuses on MT4 and MT5 without its own platform. Both support copy trading, and both let you place trades directly from charts. Neither broker integrates DupliTrade or ZuluTrade.
For charting tools, OANDA lists 74 drawing tools versus 9 at Tickmill, and both brokers allow trade-from-chart functionality; the number of technical indicators wasn’t specified. Watchlists are customizable, with OANDA offering 6 columns and Tickmill 7. According to ForexBrokers.com, each earns 4 stars for Trading Platforms and Tools, with OANDA ranked #15 of 63 brokers and Tickmill ranked #30 of 63.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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) | 89 | 91 |
| Charting - Drawing Tools (Total) | 74 | 9 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing OANDA vs Tickmill for mobile trading, both brokers check the key boxes: iPhone and Android apps, price alerts, and real-time quote watchlists. Their charting is evenly matched with 30 technical studies, trendline drawing, multiple time frames (intraday to weekly), and auto‑saved drawings. One shared drawback is that watchlists don’t sync between the mobile app and web platform, so changes made in one place won’t carry over to the other.
Where they differ is in recognition and user ratings. According to ForexBrokers.com, OANDA’s mobile app earns 5 stars and ranks #7 out of 63 brokers, while Tickmill’s app holds 4 stars and ranks #30. If mobile experience and third‑party rankings matter to you, OANDA has the edge. If you mainly want core charting, alerts, and real‑time watchlists on both iPhone and Android, either app will get the job done.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| 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.
OANDA and Tickmill both cover the basics traders expect from market research. Each broker posts daily market commentary and streams forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. You also get an economic calendar to track key events and a sentiment tool showing the ratio of long vs. short positions. Neither broker integrates Trading Central or TipRanks.
Where they differ: OANDA includes Autochartist for pattern spotting and trade ideas, while Tickmill instead taps Acuity Trading’s Signal Centre for signals. In testing by ForexBrokers.com, OANDA’s research earned 5 stars and ranked #4 out of 63 brokers, compared with Tickmill’s 4-star score and #21 ranking. If you want Autochartist and a higher-rated research suite, OANDA has the edge; if you prefer signals from Acuity Trading within a simple setup, Tickmill is a solid choice.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
OANDA and Tickmill both deliver extensive forex and CFD education suited to beginners. Each offers 10+ educational pieces across articles, videos, and archived webinars, plus client webinars at least once a month. You can search past webinar recordings, and both brokers provide video libraries with at least 10 beginner tutorials and 10 advanced lessons. They also include an investor dictionary with 50+ trading terms to make learning the basics easier.
For recognition, OANDA earns 5 stars for Education while Tickmill earns 4 stars. That said, ForexBrokers.com ranks Tickmill #15 out of 63 brokers for Education and OANDA at #19 out of 63. If you want the higher star rating, OANDA stands out; if you prefer a higher category ranking among peers, Tickmill has a slight edge. Either way, both are strong options for beginners who want structured learning and room to grow.
| Feature |
OANDA
|
Tickmill
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | 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 #12, while Tickmill finished with an overall rank of #22.
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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| Overall Rating |
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| Trust Score | 93 | 86 |
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When comparing OANDA and Tickmill in the realm of cryptocurrency trading, OANDA provides the advantage of purchasing actual delivered cryptocurrencies in addition to cryptocurrency derivatives, while Tickmill only offers the option to trade cryptocurrency derivatives.
When comparing online brokers OANDA and Tickmill, OANDA supports a wider range of deposit and withdrawal options, including ACH or SEPA transfers along with PayPal, Skrill, Visa, Mastercard, and bank wires, while Tickmill offers PayPal, Skrill, Visa, Mastercard, and bank wires but not 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 | OANDA | Tickmill | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | OANDA Review | Tickmill Review |
| Broker Screenshots | OANDA | Tickmill | |
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| Regulation | OANDA | Tickmill | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| 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 (SFC 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 SCA 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | 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 | OANDA | Tickmill | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.69 | 1.70 | |
| All-in Cost EUR/USD - Active | 1.69 | 0.70 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | OANDA | Tickmill | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | OANDA | Tickmill | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | OANDA | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 91 | |
| Charting - Drawing Tools (Total) | 74 | 9 | |
| 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 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 | OANDA | Tickmill | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | Tickmill | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | OANDA | Tickmill | |
|---|---|---|---|
| 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 | OANDA Review | Tickmill Review |
| Overall | OANDA | Tickmill | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | OANDA Review | Tickmill Review |
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