Written by ForexBrokers.com
In this head to head comparison of Tickmill vs RoboForex, 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.
Tickmill, established in 2014, offers a secure trading experience backed by multiple regulatory credentials. It holds two Tier-1 licenses, indicating a high level of trust, and two Tier-2 licenses, further affirming its stability. With a Trust Score of 86 from ForexBrokers.com, Tickmill is recognized as a trusted broker, and while it is not publicly traded nor a bank, its regulatory standing supports its reliability in the market.
Founded in 2009, RoboForex also stands as a strong choice for online trading. Though it is not a publicly traded company or a bank, RoboForex holds a single Tier-1 license and consequently scores a 73 Trust Rating on ForexBrokers.com. This places it in the average risk category. Despite having fewer licenses than Tickmill, its trust score indicates an acceptable level of reliability for traders seeking a dependable broker.
| Feature |
Tickmill
|
RoboForex
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When it comes to comparing online brokers Tickmill and RoboForex for commissions and fees, Tickmill stands out as the more cost-effective choice. Tickmill offers two account types: the Classic account, which is entirely commission-free but comes with higher average spreads of 1.76 pips, and the Raw account, which features a revamped commission structure of $3 per side or $6 per standard lot. The Raw account, despite the recent increase in commission, delivers low spreads and an all-in cost of 0.71 pips for EUR/USD trades when including the RT commission. This makes Tickmill a top pick for active traders who prioritize low costs, earning it a 5-star rating and a strong #4 rank out of 63 brokers in the Commissions and Fees category.
In contrast, RoboForex has higher average spreads of 1.3 pips for EUR/USD on its Procent and Pro accounts, which leads to a less competitive pricing structure compared to Tickmill's offerings. Although RoboForex provides a solid trading experience, its commission and fees setup cannot match the affordability of Tickmill, resulting in a 3.5-star rating and a #55 rank out of 63 brokers.
Overall, Tickmill excels with its low-cost Raw account that combines attractive spreads and reasonable commissions, making it an ideal choice for traders seeking cost-efficiency. Meanwhile, RoboForex may not be as appealing for those looking to minimize trading costs due to its higher spreads and relatively lower ranking in commissions and fees.
| Feature |
Tickmill
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.51 | 1.3 |
| All-in Cost EUR/USD - Active | 0.31 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| 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 it comes to the variety of investments offered, RoboForex clearly surpasses Tickmill. With RoboForex, traders can access an impressive 8,400 tradeable symbols, significantly outnumbering the 725 options provided by Tickmill. However, when focusing specifically on forex pairs, Tickmill offers 63 pairs compared to RoboForex’s 28. Both brokers allow forex trading as either a CFD or spot contract, providing flexibility and choice in trading strategies.
Neither Tickmill nor RoboForex allows direct investment in exchange-traded securities on U.S. or international exchanges, and both brokers offer copy trading features. While neither platform supports the purchase of actual cryptocurrency, both permit investments in cryptocurrency derivatives. In terms of overall investment range, Tickmill is rated 3.5 stars, placing 42nd out of 63 brokers, while RoboForex scores higher at 4.5 stars and ranks 20th, reflecting a more extensive offering suitable for various trading needs.
| Feature |
Tickmill
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 8400 |
| Forex Pairs (Total) | 63 | 28 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | 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). | 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 offered by Tickmill and RoboForex, both brokers provide similar options, making them accessible for traders of all levels. Both offer simulated trading through free virtual demo accounts, allowing users to practice without risk. Neither Tickmill nor RoboForex has developed an in-house platform, but they both support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are available as both Windows-based desktop downloads and web-based platforms. Notably, each broker facilitates copy trading but does not support platforms like DupliTrade or ZuluTrade. Both offer 15 drawing tools for charting and allow trading directly from stock charts. Their watchlists feature seven customizable columns, adding to the flexibility needed for efficient trading.
Despite these similarities, a few distinctions are worth noting. Tickmill ranks slightly higher at #32 for Trading Platforms and Tools according to ForexBrokers.com, compared to RoboForex’s rank of #43 among 63 brokers. Both receive a commendable four-star rating for their trading platforms, indicating strong user satisfaction. Whether you prioritize features like drawing tools or ranking positions, both Tickmill and RoboForex provide comprehensive trading environments that cater well to various trading styles.
| Feature |
Tickmill
|
RoboForex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and RoboForex both excel in providing intuitive mobile trading apps for iPhone and Android users. These apps ensure traders stay informed with stock and forex price alerts, while also offering a range of 30 technical studies for charting needs. Both platforms allow traders to draw trendlines and view multiple time frames with ease. They offer the functionality to create real-time watchlists, but neither app supports syncing changes between the mobile app and the client's online account. Conveniently, both apps save chart drawings automatically, ensuring continuous access to your most recent work.
Receiving equal ratings of four stars for their mobile trading apps, Tickmill and RoboForex are both competent choices. However, Tickmill holds a slight edge, being ranked #32 compared to RoboForex's #43 by ForexBrokers.com out of 63 brokers. For traders seeking a professional yet user-friendly mobile trading experience, both brokers provide competitive options without overwhelming complexities.
| Feature |
Tickmill
|
RoboForex
|
|---|---|---|
| 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.
Tickmill and RoboForex both cater to traders seeking comprehensive market research tools, offering daily market commentaries and forex news from major sources like Bloomberg and Reuters. While both brokers provide access to Acuity Trading's tools such as Signal Centre, RoboForex stands out with additional features from Trading Central, which Tickmill lacks. On the other hand, Tickmill offers a sentiment-based trading tool showing the ratio of long or short positions across different instruments, a feature not available with RoboForex.
Both brokers include an economic calendar showcasing global news events, enhancing their research offerings. However, in terms of research ratings, Tickmill receives 4 stars and is ranked #22 among 63 brokers, while RoboForex has a slightly lower rating of 3.5 stars and ranks #37. These rankings reflect their respective strengths and positions in delivering market insights to traders.
| Feature |
Tickmill
|
RoboForex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, Tickmill stands out compared to RoboForex. Tickmill offers a comprehensive array of learning materials, ensuring that newcomers have access to at least ten pieces of content focusing on forex and CFDs. New traders can also benefit from their frequent monthly webinars and access to a searchable archive of past sessions. Furthermore, Tickmill provides over ten beginner-focused videos designed to introduce basic trading concepts, alongside a collection of advanced videos for those looking to deepen their understanding. An investor dictionary with more than 50 terms is also available, making Tickmill an excellent choice for those who are eager to learn.
RoboForex, on the other hand, falls short in comparison to Tickmill when it comes to educational resources. They lack the minimum requirement of ten educational pieces focused on forex and CFDs and do not host monthly webinars to educate their clients. There is also no searchable archive for past webinars, nor are there ten beginner or advanced trading videos available for their users. Additionally, RoboForex does not provide an investor dictionary with common investing terms. This scarcity of educational tools results in a lower education rating of 3.5 stars compared to Tickmill’s 4 stars, and a lower ForexBrokers.com education category ranking of 56 out of 63 brokers, as opposed to Tickmill's impressive 15th place.
| Feature |
Tickmill
|
RoboForex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than RoboForex. Tickmill finished with an overall rank of #22, while RoboForex finished with an overall rank of #46.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
RoboForex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 73 |
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Both Tickmill and RoboForex provide the option to invest in cryptocurrency derivatives, but neither platform offers the ability to buy actual delivered cryptocurrencies.
In comparing online brokers Tickmill and RoboForex, both offer multiple deposit and withdrawal options including PayPal, Skrill, Visa, Mastercard, and bank wires, but only RoboForex supports 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 | Tickmill | RoboForex | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | Tickmill Review | RoboForex Review |
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| Regulation | Tickmill | RoboForex | |
|---|---|---|---|
| Trust Score | 86 | 73 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | RoboForex | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Tickmill | RoboForex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Tickmill | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 8400 | |
| Forex Pairs (Total) | 63 | 28 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | 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). | 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 | Tickmill | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.31 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | RoboForex | |
|---|---|---|---|
| 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 | Yes |
| Trading Platforms | Tickmill | RoboForex | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Tickmill | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | RoboForex | |
|---|---|---|---|
| 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 | Tickmill | RoboForex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | RoboForex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Tickmill | RoboForex | |
|---|---|---|---|
| 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 | Tickmill Review | RoboForex Review |
| Overall | Tickmill | RoboForex | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | Tickmill Review | RoboForex Review |
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