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.
Tickmill (founded 2014) and Spreadex (founded 1999) are online brokers that are privately held and not banks. Neither is publicly traded, so they don’t publish ongoing public financial reports.
In regulation and trust, Tickmill holds 2 Tier-1 and 2 Tier-2 licenses, while Spreadex holds 1 Tier-1 and no Tier-2 licenses. According to ForexBrokers.com’s Trust Score, Tickmill is 85/99 (trusted) and Spreadex is 70/99 (average risk). For reference, 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted.
| 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 has a slight edge over Spreadex when it comes to commissions and fees, especially for active traders. Tickmill’s Classic account is commission-free, but its spreads are higher, while the Raw account pairs low spreads with a per-trade commission of $3 per side, or $6 per standard lot. Even with that recent increase from $2 per side, Tickmill still offers low overall trading costs, and it is rated 4.5 out of 5 stars and ranked #10 out of 36 brokers for commissions and fees by ForexBrokers.com.
Spreadex is also competitive, but its pricing is not quite as strong as Tickmill’s for most forex traders. In January 2024, its average EUR/USD spread was 0.81 pips, with a minimum spread of 0.6 pips available 60% of the time during the month. Spreadex is rated 4 out of 5 stars and ranked #27 out of 36 brokers for commissions and fees.
In simple terms, Tickmill is the better pick for traders focused on lower overall costs, while Spreadex may still suit those who want a straightforward spread-based setup. Tickmill’s mix of low spreads and clear commissions gives it the better value in this category overall.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Spread-only account | 1.70 | 0.81 |
| All-in Cost EUR/USD - Raw spread account | 0.70 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | 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.
When it comes to range of investments, Spreadex offers far more choice overall than Tickmill, with around 10,000 tradeable symbols compared with Tickmill’s 637. Both brokers support forex trading and crypto CFDs, but Tickmill lists more forex pairs at 62, versus 52 at Spreadex. Neither broker lets clients buy real shares on U.S. or international exchanges, or purchase actual cryptocurrency, so both are focused on leveraged trading rather than long-term ownership.
One area where Tickmill stands out is copy trading, which Spreadex does not offer. Even so, Spreadex scores higher for investment range, earning 5 stars and a #13 ranking out of 36 brokers, while Tickmill receives 3.5 stars and ranks #32. For traders who want the widest selection of markets, Spreadex is the stronger pick; for those interested in copy trading and a slightly larger forex pair list, Tickmill may still be worth a look.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 10000 |
| Forex Pairs (Total) | 62 | 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.
Tickmill and Spreadex both give traders a choice of demo accounts, web-based platforms, and the ability to place trades straight from a chart. Both are also rated 4 out of 5 stars for trading platforms and tools, which suggests each broker offers a solid setup for everyday trading. If you want to practice first, either broker provides a free virtual account.
Where Tickmill stands out is in platform selection. It offers a Windows desktop download, MetaTrader 4, MetaTrader 5, and copy trading, plus a web platform for trading in your browser. Spreadex, by comparison, does not support MT4, MT5, or copy trading, and it does not offer a Windows desktop app. Instead, it relies on its own in-house platform along with its web platform. In ForexBrokers.com’s Trading Platforms and Tools ranking, Tickmill places higher at #24 out of 36 brokers, while Spreadex comes in at #37.
| 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) | 97 | 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, and each is rated 4 out of 5 stars for mobile trading. Tickmill stands out for its charting tools, with 97 technical studies available in its app and watchlist syncing that keeps your mobile watchlists aligned with your online account. It also lets you draw trendlines on charts, though drawings do not auto save. Spreadex also supports trendlines and does not auto save drawings, but it does offer price alerts, which Tickmill does not.
In terms of recognition, Tickmill ranks higher for mobile trading apps, placing 25th out of 36 brokers compared with Spreadex at 36th. For traders who want more built-in chart analysis and synced watchlists, Tickmill has the edge. For users who value price alerts in a mobile app, Spreadex may be the better fit.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | No | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 97 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
Tickmill and Spreadex both give traders daily market commentary and an economic calendar, and each earns 4 out of 5 stars for research. They also offer useful ways to keep up with market events, but Spreadex has a wider range of built-in research extras overall. It provides forex news from major names such as Bloomberg, Reuters, or Dow Jones, along with Autochartist tools and a sentiment indicator that shows whether traders are mostly long or short on a market.
Tickmill is simpler in comparison, but it does include Acuity Trading tools such as Signal Centre, which Spreadex does not. In the ForexBrokers.com research rankings, Tickmill places higher at #19 out of 36 brokers, while Spreadex ranks #29. So, while Spreadex offers more third-party research features, Tickmill still edges it on overall research ranking.
| Feature |
Tickmill
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning support, Tickmill has the edge over Spreadex. Tickmill offers forex and CFDs education, regular online educational webinars, and at least 10 beginner videos plus 10 advanced videos, giving new and more experienced traders more ways to learn. It is also ranked #14 out of 36 brokers for Education by ForexBrokers.com, which points to a stronger overall learning setup.
Spreadex still provides at least 10 beginner trading videos and earns the same 4-star Education rating as Tickmill, but it falls behind in a few key areas. It does not offer monthly educational webinars, does not appear to meet the standard for forex or CFDs education content, and lacks the same level of advanced video material. For traders who want a wider mix of beginner-friendly and higher-level learning resources, Tickmill is the better choice.
| 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 #23, while Spreadex finished with an overall rank of #33.
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
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 70 |
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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 | 85 | 70 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Spreadex Review |
| Broker Screenshots | Tickmill | Spreadex | |
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| Regulation | Tickmill | Spreadex | |
|---|---|---|---|
| Trust Score | 85 | 70 | |
| 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 (FSA 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 CMA 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) | 62 | 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) - Spread-only account | 1.70 | 0.81 | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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 | No | Yes | |
| Charting - Indicators / Studies (Total) | 97 | 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 | No | Yes | |
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 97 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Tickmill | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | No | 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | Tickmill Review | Spreadex Review |
| Overall | Tickmill | Spreadex | |
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| Trust Score | 85 | 70 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Spreadex Review |
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