Written by ForexBrokers.com
In this head to head comparison of Tickmill vs Spreadex, 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.
When comparing online brokers Tickmill and Spreadex, it's important to look at their regulatory credentials and trust scores. Tickmill, founded in 2014, holds a total of four licenses, two of which are Tier-1, indicating a high level of trust. It has a Trust Score of 86 according to ForexBrokers.com, placing it in the "trusted" category. While not publicly traded or a bank, Tickmill's regulatory profile is quite strong for a relatively new player in the market.
Spreadex, on the other hand, has been in operation since 1999 and maintains one Tier-1 license. Its Trust Score is 71, which categorizes the broker at an average risk level. Spreadex, like Tickmill, is not publicly traded and does not operate as a bank. While its experience in the industry is longer, its regulatory attributes fall short compared to Tickmill, especially in terms of the number of licenses held and overall trust rating.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Year Founded | 2014 | 1999 |
| 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 | 0 |
Tickmill vs. Spreadex for commissions and fees: Tickmill earns 5 out of 5 stars and ranks #4 of 63 at ForexBrokers.com, while Spreadex earns 4 out of 5 stars and ranks #28 of 63. That scoreline reflects Tickmill’s strong value for active forex traders, especially on its Raw account.
Tickmill offers two pricing paths. The Classic account is spread‑only and commission‑free, but its average EUR/USD spread was 1.76 pips (August 2023). The Raw account pairs tight spreads with a commission of $3 per side ($6 per standard lot). Tickmill listed a typical EUR/USD spread of 0.11 pips (October 2023); after adding the round‑turn commission equivalent of 0.6 pips, the all‑in cost works out to about 0.71 pips. With just a $100 minimum to open, the Raw account typically undercuts the Classic account on total trading cost.
Spreadex reported an average EUR/USD spread of 0.81 pips in January 2024, with a minimum of 0.6 pips achieved 60% of the time. In practical terms, Tickmill’s Raw account shows a lower typical all‑in cost (around 0.71 pips) than Spreadex’s monthly average (0.81 pips), though Spreadex can match or beat that during periods when its 0.6‑pip minimum is available. By contrast, Tickmill’s Classic account is simpler but pricier than both Tickmill Raw and Spreadex on average.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.70 | 0.81 |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Tickmill and Spreadex both let you trade forex via CFDs or spot. Spreadex stands out for overall market access with about 10,000 tradeable symbols, compared with Tickmill’s 637. For currency traders, Tickmill lists 63 forex pairs versus 52 at Spreadex. Neither broker offers exchange-traded shares (not CFDs) on U.S. or international exchanges. For range of investments, ForexBrokers.com rates Tickmill 3.5/5 stars (ranked 43rd of 63) and Spreadex 5/5 stars (ranked 14th of 63).
Feature-wise, Tickmill supports copy trading, while Spreadex does not. Neither broker lets you buy actual cryptocurrency, but both provide cryptocurrency CFDs. Choose Spreadex if you want the widest overall selection of markets, or Tickmill if having more forex pairs and copy trading matters most.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 10000 |
| Forex Pairs (Total) | 63 | 52 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | 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 trading platforms and tools, Tickmill and Spreadex both offer free demo (paper) trading, web-based platforms, and the ability to place orders straight from charts. The main differences are in platform choice and features: Tickmill does not have a proprietary platform but supports a Windows desktop download plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with copy trading. Spreadex offers its own proprietary web platform, but no Windows desktop download, no MT4 or MT5, and no copy trading.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, yet ForexBrokers.com ranks Tickmill higher (#30 of 63) than Spreadex (#47 of 63). If you want MT4/MT5, a Windows desktop option, or copy trading, Tickmill is the better fit. If you prefer a simple, in-house web platform without extra software, Spreadex may suit you. In either case, you can test strategies risk-free with a demo account before going live.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 91 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and Spreadex both offer mobile trading apps for iPhone and Android. Each app supports price alerts for forex and stocks. However, neither broker syncs watchlists between mobile and the online platform, so changes you make in one place won’t carry over to the other.
For charting on the go, Tickmill stands out: its app includes 30 technical studies, lets you draw trendlines, and automatically saves your drawings. Spreadex also lets you draw trendlines, but it does not auto-save drawings and does not list a count of available studies. Both apps earn 4 out of 5 stars, yet ForexBrokers.com ranks Tickmill higher for Mobile Trading Apps (#30 of 63) than Spreadex (#47 of 63). If you want deeper chart tools and saved annotations on mobile, Tickmill is the stronger pick; if you just need alerts and basic drawing, either app will do.
| Feature |
Tickmill
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Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Tickmill and Spreadex both deliver strong day-to-day market research: you get daily market commentary, real-time forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, plus an economic calendar to track upcoming events. Each broker also offers a sentiment tool that shows the ratio of long and short positions. Neither integrates Trading Central or TipRanks. According to ForexBrokers.com, both earn 4 out of 5 stars for research; Tickmill ranks #21 out of 63 brokers, while Spreadex ranks #32.
The main difference lies in third‑party tools. Spreadex includes Autochartist, which scans charts for patterns and key levels to suggest trade ideas. Tickmill does not offer Autochartist, but it does provide Acuity Trading tools (including Signal Centre) that deliver trade ideas and news‑driven insights. If you prefer automated chart pattern scanning, Spreadex has the edge; if you want signal and sentiment‑led analysis backed by high‑quality news and an economic calendar, Tickmill stands out.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing forex and CFD education for beginners, both Tickmill and Spreadex provide at least 10 beginner-friendly video lessons that explain trading basics in plain language. Tickmill goes further with live learning, running online client webinars at least once a month, while Spreadex does not offer monthly webinars. This makes Tickmill more appealing if you prefer real-time Q&A and guided sessions in addition to on-demand videos.
For traders who plan to advance, Tickmill also supplies 10+ advanced video lessons, whereas Spreadex falls short at the advanced level. Despite both brokers holding a 4-star Education rating, Tickmill ranks higher for Education (#15 of 63) than Spreadex (#45 of 63), indicating a more complete learning path for new traders who want to grow their skills over time.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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 Spreadex. Tickmill finished with an overall rank of #22, while Spreadex finished with an overall rank of #39.
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
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Spreadex
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|---|---|---|
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| Trust Score | 86 | 71 |
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Tickmill vs. Spreadex: neither online broker allows buying actual (delivered) cryptocurrency, but both offer trading in cryptocurrency CFDs.
Tickmill vs Spreadex: for deposits and withdrawals, both brokers do not support ACH/SEPA and both accept bank wire transfers, but Tickmill uniquely offers PayPal and Skrill while Spreadex does not, 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.
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0 of 5| Overall Rating | Tickmill | Spreadex | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Spreadex Review |
| Broker Screenshots | Tickmill | Spreadex | |
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| Regulation | Tickmill | Spreadex | |
|---|---|---|---|
| Trust Score | 86 | 71 | |
| Year Founded | 2014 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | Spreadex | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Tickmill | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Tickmill | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 10000 | |
| Forex Pairs (Total) | 63 | 52 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | 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 | Tickmill | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.70 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Tickmill | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Tickmill | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Tickmill | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 91 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | Spreadex | |
|---|---|---|---|
| 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 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Tickmill | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Tickmill | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Tickmill Review | Spreadex Review |
| Overall | Tickmill | Spreadex | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Spreadex Review |
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