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 comparing the commissions and fees of Tickmill and RoboForex, it's clear that each broker offers distinct advantages, depending on trading needs. Tickmill provides two account types, the Classic and the Raw. The Classic account is straightforward, with no commission fees, but traders pay higher average spreads of around 1.76 pips. In contrast, the Raw account, which replaced the Pro account, offers more competitive spreads with an all-in cost of 0.71 pips, despite a recent increase in the per-trade commission to $3 per side. With a low entry barrier of just $100, Tickmill’s Raw account is geared towards active traders and is highly rated for its overall affordability.
RoboForex, however, presents a different fee structure, with average spreads of 1.3 pips for EUR/USD on both its Procent and Pro accounts. While RoboForex provides an accessible trading environment, its costs are generally higher in comparison to Tickmill, particularly for those who prioritize low per-trade costs.
In terms of ranking, Tickmill stands out with an impressive five-star rating for its commissions and fees, securing the 4th position out of 62 brokers as per ForexBrokers.com. In comparison, RoboForex holds a 3.5-star rating and is ranked 54th, indicating that Tickmill offers more competitive pricing for traders focused on minimizing trading costs.
| 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 range of investments offered by Tickmill and RoboForex, there's a clear contrast in options available to traders. Tickmill provides forex trading as both CFD and spot contracts with access to 63 forex pairs, appealing to those focused on currency trading. However, its total tradeable symbols are limited to 725. RoboForex, on the other hand, also allows forex trading through CFDs or spot contracts but offers a more extensive variety with 28 forex pairs and an impressive 8,400 tradeable symbols. Both brokers give traders the ability to engage in copy trading and invest in cryptocurrency derivatives. However, neither Tickmill nor RoboForex offers the purchase of actual exchange-traded securities or delivered cryptocurrencies.
Regarding overall investment range, RoboForex takes the lead with a 4.5-star rating, ranking 20th out of 62 brokers, thanks to its wide array of trading symbols. Tickmill falls short in comparison, with a 3.5-star rating and a 42nd place ranking in the same category. This suggests that RoboForex may better suit traders seeking a broad spectrum of investment opportunities, while Tickmill caters more to traders with a specific interest in forex. Both platforms do not provide access to actual U.S. or international exchange-traded securities, focusing instead on derivatives.
| 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 Tickmill and RoboForex for their trading platforms and tools, both brokers offer a comprehensive suite of features that cater to traders of different levels. Tickmill provides simulated trading with a free virtual demo account, as does RoboForex. Neither broker has a proprietary platform but supports popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on both Windows-based desktop and web-browser interfaces. They also allow for copy trading, making it easy for users to follow and replicate the trades of successful traders. Unfortunately, advanced social trading platforms like DupliTrade and ZuluTrade are not available with either broker.
While both brokers provide options for enhanced charting with 15 drawing tools and the ability to trade directly from stock charts, Tickmill and RoboForex offer seven columns for watch lists, allowing for a customized trading experience. Both received a strong four-star rating for trading platforms and tools, recognizing their comprehensive offerings. However, Tickmill ranks slightly higher, at #32 out of 62 brokers, compared to RoboForex's #43 ranking, making Tickmill the slightly more favored choice for those prioritizing platform and tool excellence.
| 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.
When it comes to mobile trading apps, both Tickmill and RoboForex have similar offerings for those using iPhones or Android devices. Each platform provides essential features such as stock and forex price alerts, the ability to draw trendlines, and various time frame views on charts. Both also enable the creation of watchlists with real-time quotes, although neither allows for watchlist symbol syncing between the mobile app and their online accounts. If you appreciate technical studies, you’ll find the same range with both apps featuring 30 options each.
In terms of performance, both platforms are tied with an overall rating of 4 out of 5 stars for their mobile trading apps. However, Tickmill is slightly ahead in rank, holding the 32nd spot out of 62 brokers as reviewed by ForexBrokers.com, while RoboForex sits at 43rd place. This means that while they share many similarities, Tickmill might offer a slightly more favorable mobile trading experience according to this particular ranking. Whether you're monitoring charts with auto-saved drawings or setting alerts, both apps aim to offer a functional trading experience on the go.
| 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 daily market insights, with each offering daily market commentary and forex news sourced from renowned outlets such as Bloomberg and Reuters. While neither broker provides tools from Autochartist, RoboForex stands out with its provision of technical analysis tools from Trading Central. In contrast, Tickmill equips traders with a sentiment-based trading tool, giving an edge in understanding market positions, whereas RoboForex does not. Both platforms furnish their users with research tools from Acuity Trading and include comprehensive economic calendars to keep traders informed about global market events.
Tickmill scores slightly higher than RoboForex in research capabilities, with a 4-star rating compared to RoboForex's 3.5 stars. According to ForexBrokers.com, Tickmill is ranked #22 out of 62 in the research category, evidencing its robust offerings. Meanwhile, RoboForex holds the #37 position, still a competitive ranking but reflecting its fewer offerings in certain research tools. Both brokers provide valuable market analysis, but the choice may depend on traders' specific needs for tools like Trading Central or sentiment analysis.
| 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 comparing the educational resources available for beginners at Tickmill and RoboForex, Tickmill stands out as a more comprehensive choice. Tickmill provides a wide range of resources, including over ten educational pieces focusing on forex and CFDs, monthly webinars for clients, and access to a searchable archive of past webinars. For beginners, there are also more than ten introductory videos that cover essential trading topics. Additionally, Tickmill offers an investor dictionary with definitions of over 50 investing terms, making it an excellent resource for those new to trading. Tickmill is rated four stars for education and ranks 15th out of 62 brokers in the education category, emphasizing its commitment to educating traders.
On the other hand, RoboForex offers limited educational materials for beginners. It falls short in providing the minimum ten educational pieces focused on forex and CFDs. Unlike Tickmill, RoboForex does not offer any monthly webinars or an archive of past webinars. Furthermore, it lacks beginner educational videos and an investor dictionary, which are critical for anyone new to trading. RoboForex receives a 3.5-star rating for education and ranks 56th out of 62 brokers, suggesting that beginners may find fewer learning opportunities compared to what Tickmill has to offer.
| 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 62 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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