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 in terms of commissions and fees, Plus500's pricing structure is slightly above the industry norm. Known for its simplicity, Plus500 doesn't offer discounts to retail clients but does provide cash rebates for those qualified and designated as Professional clients. The spreads at Plus500, such as an average of 1.5 pips for the EUR/USD in April 2024, are higher than the industry average, resulting in a 4.0-star rating for commissions and fees. Plus500 is ranked #23 out of 63 brokers by ForexBrokers.com for commission-related evaluations.
On the other hand, Tickmill offers two account types: the Classic and Raw accounts. The Raw account, which replaced the Pro account, now features a commission of $3 per side or $6 per standard lot, retaining its status as a favorite among active traders due to low average spreads and competitive all-in costs. The Classic account is commission-free, yet it comes with higher average spreads of 1.76 pips as of August 2023. Tickmill's precise spreads, such as 0.11 pips for the EUR/USD, and low all-in costs have earned it a 5-star rating for commissions and fees and a #4 ranking in the Commissions and Fees category by ForexBrokers.com.
The standout Raw account at Tickmill features the most competitive spreads, with its transparent cost structure attracting traders despite a recent commission increase. The Barrier to entry remains accessible with just a $100 minimum. In contrast, Plus500, while straightforward in its pricing, lacks flexibility for retail traders seeking cost efficiency. Overall, Tickmill emerges as the preferred choice for traders prioritizing low-cost trading and strategic execution conditions.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Minimum Deposit | €50 | $100 |
| Average Spread EUR/USD - Standard | 1.3 | 0.51 |
| All-in Cost EUR/USD - Active | 1.3 | 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 as online broker options, there are notable differences in their range of investments. Plus500 offers an extensive selection with 5,500 tradeable symbols, including 65 forex pairs and access to both U.S. and international exchange-traded securities such as Apple and Vodafone shares. In contrast, Tickmill provides 725 tradeable symbols and 63 forex pairs, but does not offer directly traded securities on U.S. or international exchanges. Instead, Tickmill allows copy trading, a feature not available with Plus500. Both brokers provide access to cryptocurrency derivatives rather than actual digital coins.
In terms of investment range ratings, Plus500 stands out with a 4.5-star rating, placing #21 among 63 brokers according to ForexBrokers.com. This highlights their wide array of investment options, especially compared to Tickmill's 3.5-star rating and #42 ranking. While Plus500 offers a broader spectrum of asset types, Tickmill's inclusion of copy trading may appeal to those seeking more diverse trading strategies. Ultimately, Plus500's comprehensive selection offers more variety for investors, while Tickmill presents unique advantages for specific trading methodologies.
| 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 | 1.3 | 0.51 | |
| All-in Cost EUR/USD - Active | 1.3 | 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 | €50 | $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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