Written by ForexBrokers.com
In this head to head comparison of Plus500 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.
Plus500, founded in 2008, stands out as one of the top choices for online trading, particularly when considering safety and reliability. This broker is publicly traded, which adds to its transparency and accountability. Holding 6 Tier-1 licenses and 3 Tier-2 licenses, Plus500 enjoys the highest Trust Score of 99 out of 99 from ForexBrokers.com, indicating it is highly trusted. Despite not being a bank, its broad regulatory coverage and stock market presence make it a secure option for traders from a risk perspective.
Tickmill, established in 2014, offers a strong reputation in the trading arena, although it isn't publicly listed. Despite having just 2 Tier-1 licenses and 2 Tier-2 licenses, it still holds a reputable Trust Score of 86, marking it as a trusted broker. While Tickmill doesn’t reach the regulatory breadth of Plus500, its competitive Trust Score highlights it as a reliable choice for forex traders. Both brokers have a solid foundation, though Plus500 takes the lead with more rigorous licensing and higher overall trust.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Year Founded | 2008 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 3 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing online brokers Plus500 and Tickmill based on their commissions and fees, both brokers offer distinct pricing models that cater to different types of traders. Plus500 slightly lags behind other popular forex brokers with a pricing structure that is a bit above industry average. With no discounts for retail clients, Plus500 provides cash rebates for those qualifying as Professional clients. The average spread for the popular EUR/USD pair stood at 1.5 pips in April 2024, which is higher than the industry standard. For its efforts in the commissions and fees category, Plus500 earns a rating of 4.0 stars and is ranked #25 out of 63 brokers by ForexBrokers.com.
Tickmill, on the other hand, offers two account types—Classic and Raw—that serve different trading needs. The Classic account is commission-free, relying solely on the bid/ask spread, which was 1.76 pips in August 2023. Meanwhile, the Raw account, which has replaced the former Pro account, features an increased commission of $3 per side per trade or $6 per standard lot. Despite this change, Tickmill remains a strong contender for active traders thanks to its competitive all-in costs and tight spreads. Typical spreads for the EUR/USD pair on the Raw account were 0.11 pips in October 2023, leading to an all-in cost of 0.71 pips after accounting for the commission. With a minimum deposit requirement of just $100, the Raw account is accessible to most traders, making Tickmill an attractive choice. Tickmill boasts an impressive 5-star rating and ranks #4 for commissions and fees among 63 brokers according to ForexBrokers.com.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Minimum Deposit | €100 | $100 |
| Average Spread EUR/USD - Standard | 1.5 | 0.51 |
| All-in Cost EUR/USD - Active | 1.5 | 0.31 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | 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.
When considering Plus500 and Tickmill for online trading, both platforms offer a foundation in forex trading with contracts for difference (CFDs) and spots available. Plus500 stands out with an extensive offering of 5,500 tradeable symbols, surpassing Tickmill’s 725. While both brokers provide a similar number of forex pairs—Plus500 with 65 and Tickmill with 63—Plus500 takes a notable lead in offering exchange-traded securities on both U.S. and international exchanges, welcoming investors to purchase stocks like Apple and Vodafone directly rather than through CFDs. In contrast, Tickmill does not provide these options, focusing instead on CFDs.
Neither Plus500 nor Tickmill offers the purchase of actual cryptocurrencies, restricting clients to derivatives in that market. However, Tickmill introduces a unique edge with copy trading, allowing users to mirror successful strategies from other investors, a feature not available with Plus500. Given the diverse range of investment options at Plus500, it has received a commendable rating of 4.5 stars for its range of investments, ranked 24th by ForexBrokers.com. Meanwhile, Tickmill, with a focus on CFDs and access to copy trading, holds a 3.5-star rating, coming in at 42nd in the same category.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 725 |
| Forex Pairs (Total) | 65 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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.
When comparing the trading platforms and tools of Plus500 and Tickmill, both brokers provide simulated trading through free virtual demo accounts, allowing users to practice before engaging in actual trading. Plus500 stands out with its proprietary platform designed in-house, offering a web-based trading option without a Windows desktop version. In contrast, Tickmill doesn't have a proprietary platform but provides the widely popular MetaTrader 4 and MetaTrader 5 platforms along with a Windows desktop download. Additionally, Tickmill offers copy trading, which Plus500 does not.
Both brokers offer web-based trading platforms, yet there are distinct differences in their toolsets. Plus500 provides a wider array of drawing tools for charting, with 36 options compared to Tickmill's 15. However, Tickmill allows trading directly from stock charts, a feature Plus500 lacks. In terms of watch list customization, Plus500 offers more flexibility with 10 columns for data fields, compared to Tickmill's 7. Overall, Plus500 achieves a slightly higher rating of 4.5 stars for its trading platforms and tools, ranking 14th out of 63 brokers as assessed by ForexBrokers.com, while Tickmill is rated 4 stars and ranks 32nd in the same category.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 36 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and Tickmill both offer feature-rich mobile trading apps available on iPhone and Android devices. Each app provides essential tools like stock and forex price alerts and the ability to draw trendlines on charts. However, a standout feature of Plus500 is its watchlist symbol syncing, which allows seamless integration between the mobile app and the user’s online account. Unfortunately, Tickmill lacks this feature but compensates by auto-saving drawing on charts— a convenience Plus500 does not provide.
When it comes to charting capabilities, Plus500 significantly outshines Tickmill by offering 115 technical studies compared to Tickmill's 30. Both platforms allow users to explore multiple time frames and create watchlists with real-time quotes. Users highly rate the mobile experience, awarding Plus500 4.5 stars, slightly higher compared to Tickmill's 4 stars. This reflects in their overall rankings, with Plus500 sitting at #14 and Tickmill at #32 out of 63 brokers in ForexBrokers.com's Mobile Trading Apps category.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Plus500 and Tickmill provide daily market commentary, keeping traders informed on market trends. However, when it comes to sourcing forex news from leading institutions like Bloomberg or Reuters, Tickmill takes the lead with its access to such resources, whereas Plus500 does not offer this feature. Traders looking for technical analysis tools from companies like Autochartist will not find these available at either broker, but Plus500 does provide resources from Trading Central to enhance trading strategies, which is not the case with Tickmill.
Both Plus500 and Tickmill offer sentiment-based trading tools, providing insights into the market sentiment for various financial instruments. Additionally, they each offer an economic calendar to track upcoming global news events. Tickmill stands out with its integration of research tools from Acuity Trading, offering platforms like Signal Centre, while Plus500 does not. Despite these differences, both brokers share a research rating of 4 stars. However, in the Research category, Plus500 is ranked 19th by ForexBrokers.com, a few spots ahead of Tickmill, which holds the 22nd position among 63 brokers.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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.
For beginners exploring the educational aspects of online brokers, both Plus500 and Tickmill provide extensive resources to help new traders grasp the essentials of forex and CFD trading. Each platform offers more than 10 educational resources such as articles, videos, and webinars specifically aimed at aiding novices. They also conduct monthly live webinars to engage with their users, along with maintaining searchable archives of past sessions, making learning flexible and accessible. Both brokers go a step further by offering a variety of beginner and advanced video content, with at least 10 pieces catering to each category.
While Plus500 and Tickmill share strong points in their approach to newbie education, Tickmill edges out slightly with an additional resource—an investor dictionary containing definitions for over 50 investing terms, which Plus500 lacks. This added feature might be valuable for beginners looking to build foundational knowledge. Ultimately, Plus500 receives a 4.0-star rating in educational resources and ranks 31st out of 63 brokers, while Tickmill shares the same star rating but secures a higher position, ranked 15th. Whether you're just starting or looking to enhance your trading skills, both platforms provide solid educational foundations, but Tickmill offers that extra bit of information through their comprehensive term glossary.
| Feature |
Plus500
|
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) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than Tickmill. Plus500 finished with an overall rank of #14, while Tickmill finished with an overall rank of #22.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 86 |
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Both Plus500 and Tickmill do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both Plus500 and Tickmill do not support ACH or SEPA transfers for deposits or withdrawals, but they both offer PayPal, Skrill, Visa, Mastercard, and bank wire options for transactions, providing a variety of convenient methods for managing account funds.
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 | Plus500 | Tickmill | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Tickmill Review |
| Broker Screenshots | Plus500 | Tickmill | |
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| Regulation | Plus500 | Tickmill | |
|---|---|---|---|
| Trust Score | 99 | 86 | |
| Year Founded | 2008 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 2 | |
| Tier-2 Licenses | 3 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Tickmill | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Plus500 | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 725 | |
| Forex Pairs (Total) | 65 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Tickmill | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.5 | 0.51 | |
| All-in Cost EUR/USD - Active | 1.5 | 0.31 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Tickmill | |
|---|---|---|---|
| Minimum Deposit | €100 | $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 | No | No |
| Trading Platforms | Plus500 | Tickmill | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 36 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | Tickmill | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | Tickmill | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | 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) | No | Yes |
| Major Forex Pairs | Plus500 | 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 | Plus500 Review | Tickmill Review |
| Overall | Plus500 | Tickmill | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Tickmill Review |
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