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Tickmill vs OANDA 2021

Is OANDA better than Tickmill? In our analysis of 23 international regulators across 50 brokers, OANDA is considered low-risk, with an overall Trust Score of 89 out of 99. Tickmill is considered average-risk, with an overall Trust Score of 81 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Tickmill OANDA
Overall 4 4
Commissions & Fees 5 3.5
Offering of Investments 3 3
Platforms & Tools 3 4
Mobile Trading 3 4
Research 4 4.5
Education 4 3.5
Trust Score 81 91
Tickmill Review OANDA Review
76% of retail CFD accounts lose money 76.6% of retail CFD accounts lose money

Regulation

Feature Tickmill OANDA
Trust Score 81 91
Year Founded
2014 1996
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
1 6
Tier-2 Licenses
2 0
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature Tickmill OANDA
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No Yes
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No Yes
MAS Authorised (Singapore)
No Yes
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No Yes

Tier-2 Licenses (Average Trust)

Feature Tickmill OANDA
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes No
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
Yes No
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature Tickmill OANDA
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No Yes
FSC Authorised (Mauritius)
No No

Investments

Feature Tickmill OANDA
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
87 124
Forex Pairs (Total)
62 71
US Stock Trading (Non CFD)
No No
Int'l Stock Trading (Non CFD)
No No
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
Yes Yes

Cost

Feature Tickmill OANDA
Average Spread EUR/USD - Standard
0.27 (September 2021) 1.4 (August 2021)
All-in Cost EUR/USD - Active
0.47 (September 2021) 1.4 (August 2021)
Active Trader or VIP Discounts
Yes Yes
Execution: Agency Broker
Yes No
Execution: Market Maker
Yes Yes

Funding

Feature Tickmill OANDA
Minimum Deposit
$100.00 $0.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature Tickmill OANDA
Proprietary Platform
No Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes No
cTrader
No No
DupliTrade
No No
ZuluTrade
Yes Yes

Trading Tools

Feature Tickmill OANDA
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
MetaTrader (Default) 6
Charting - Indicators / Studies (Total)
MetaTrader (Default) 81
Charting - Drawing Tools (Total)
MetaTrader (Default) 431
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature Tickmill OANDA
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
MetaTrader (Default) 33
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes Yes

Research

Feature Tickmill OANDA
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
Autochartist
Yes Yes
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes

Education

Feature Tickmill OANDA
Has 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
No Yes
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature Tickmill OANDA
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

Overall

Feature Tickmill OANDA
Overall 4 4
Commissions & Fees 5 3.5
Offering of Investments 3 3
Platforms & Tools 3 4
Mobile Trading 3 4
Research 4 4.5
Education 4 3.5
Trust Score 81 91
Tickmill Review OANDA Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare OANDA vs Tickmill.

Does OANDA or Tickmill offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Tickmill offers better pricing overall for traders.

Is OANDA or Tickmill safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. OANDA holds 6 global Tier-1 licenses, while Tickmill holds 1. Tickmill holds 2 global Tier-2 licenses, while OANDA holds 0. In our analysis of 23 international regulators across 50 brokers, OANDA earned a higher Trust Score than Tickmill.

Which trading platform is better: OANDA or Tickmill?
To compare the trading platforms of both OANDA and Tickmill, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, OANDA offers a better experience. With research, OANDA offers superior market research. Finally, we found OANDA to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. OANDA and Tickmill both offer copy trading. Both OANDA and Tickmill offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
OANDA provides traders 71 currency pairs (e.g., EUR/USD) compared to Tickmill's 62 available pairs. Forex pairs aside, OANDA offers traders access to 124 CFDs while Tickmill has 87 available CFDs, a difference of 37.

Can I trust OANDA?
OANDA is not publicly traded and does not operate a bank. OANDA is authorised by six tier-1 regulators (high trust), zero tier-2 regulators (average trust), and zero tier-3 regulators (low trust). OANDA is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Investment Industry Regulatory Organization of Canada (IIROC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC).

Can I trust Tickmill?
Tickmill is not publicly traded and does not operate a bank. Tickmill is authorised by one tier-1 regulator (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Tickmill is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).

Is OANDA good?
As a trusted global brand, OANDA provides forex and CFD traders a limited offering of FX pairs and CFDs but stands out for its reputation and quality market research.

Is Tickmill good?
Tickmill is a plain vanilla MT4 broker offering a minimal selection of tradeable securities. That said, Tickmill offers very competitive commission-based pricing for professionals through its VIP and PRO accounts

Overall winner: Tickmill

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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OANDA - CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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