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 account | 1.69 | 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.
OANDA vs Tickmill: range of investments. Both brokers let you trade forex as CFDs or spot, but OANDA offers a much broader catalog overall with 4,172 tradeable symbols and 69 currency pairs, compared with Tickmill’s 637 symbols and 63 pairs. OANDA also lets you buy real exchange‑traded stocks on U.S. and international exchanges, while Tickmill does not offer exchange‑listed shares. For cryptocurrencies, both brokers support crypto CFDs; only OANDA also offers the ability to buy actual crypto. Copy trading is available at both.
These differences show up in independent ratings: OANDA earns 4 stars for Range of Investments and ranks #28 out of 63 brokers at ForexBrokers.com, while Tickmill scores 3.5 stars and ranks #43. In short, choose OANDA if you want a wider selection spanning stocks, forex, and both crypto CFDs and real crypto; pick Tickmill if you mainly need a focused lineup of forex and CFD markets.
| 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.
Comparing OANDA and Tickmill on trading platforms and tools, both brokers check key boxes for most traders: each offers a free demo account for practice, copy trading options, MetaTrader 4 and MetaTrader 5, plus both web-based platforms and Windows desktop downloads. You can also place trades directly from charts with either broker, which is handy for quick execution.
Where they differ is platform choice. OANDA offers its own in-house platform alongside MetaTrader, giving you an extra option if you want something built by the broker. Tickmill does not have a proprietary platform and focuses on MetaTrader. Both earned 4 stars for Trading Platforms and Tools, but OANDA ranks higher in the category with ForexBrokers.com (#15 out of 63) versus Tickmill (#30 out of 63).
| 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 check the key boxes for mobile trading. Each offers iPhone and Android apps, price alerts, 30 technical studies for charts, the ability to draw trendlines, and automatic saving of chart drawings. One notable gap for both: watchlists created on mobile don’t sync with your online account.
Where they differ is in third-party scores. OANDA’s mobile trading app is rated 5 stars and ranks #7 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while Tickmill’s app earns 4 stars and ranks #30. If ratings and overall app experience are priorities, OANDA has the edge; if you mainly need solid charting and alerts on the go, both apps will get the job done.
| 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.
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 (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.
Comparing OANDA vs Tickmill for beginner education, both brokers make it easy to get started with trading. Each hosts online client webinars at least once a month and offers a large library of videos, including at least 10 beginner-focused lessons to help you grasp the basics, plus at least 10 advanced videos for when you’re ready to level up. This mix of regular webinars and step-by-step videos gives new traders a clear path to learn at their own pace.
For ratings, OANDA earns 5 stars for Education, while Tickmill earns 4 stars. However, in ForexBrokers.com’s Education category rankings out of 63 brokers, Tickmill is placed higher at #15, with OANDA at #19. In short, both are strong choices for beginners: OANDA stands out for its top-tier star score, and Tickmill scores slightly better in the category ranking, with both offering frequent webinars and deep video libraries that support new traders from day one.
| 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 #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
|
Tickmill
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 86 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | OANDA | Tickmill | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | OANDA Review | Tickmill Review |
| Broker Screenshots | OANDA | Tickmill | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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 (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 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. 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 | 1.69 | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | OANDA Review | Tickmill Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill