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 earns 5 stars for commissions and fees and is ranked #10 out of 63 brokers, while Spreadex earns 4 stars and ranks #25 out of 63. Both aim to keep trading costs competitive, but they go about it differently, which can matter depending on how and when you trade.
Tickmill offers two pricing setups. The Classic account is commission-free but has higher average spreads at about 1.76 pips (as of August 2023). The new Raw account (which replaced Pro) charges a commission of $3 per side per 100,000 units and lists a typical EUR/USD spread of 0.11 pips (October 2023). When you factor in the round-turn commission—now equivalent to 0.6 pips—the all-in cost for EUR/USD comes to about 0.71 pips. The Raw account’s $100 minimum keeps entry simple for cost-focused traders.
Spreadex reported an average EUR/USD spread of 0.81 pips in January 2024, with a minimum spread of 0.6 pips reached 60% of the month. In practical terms, Tickmill’s Raw account often edges out Spreadex on EUR/USD with its 0.71-pip all-in cost, though Spreadex can be as sharp as 0.6 pips during many trading hours. Tickmill’s Classic account, by contrast, is the priciest of the three options mentioned here. As always, actual costs depend on market conditions and when you place trades.
| 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.
Looking at Tickmill vs Spreadex for range of investments, both brokers offer forex trading and support cryptocurrency CFDs, but neither lets you buy actual crypto. Spreadex has a much larger overall selection with around 10,000 tradeable symbols, while Tickmill lists 637. Forex traders may prefer Tickmill’s deeper currency lineup (63 pairs) over Spreadex’s 52. Neither broker provides access to exchange-traded shares on U.S. or international stock exchanges (non-CFD).
Extras and ratings help separate them: Tickmill offers copy trading, whereas Spreadex does not. For Range of Investments, ForexBrokers.com rates Spreadex at 5 out of 5 stars (ranked #13 of 63), while Tickmill scores 3.5 out of 5 stars (ranked #30 of 63).
| 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.
Tickmill vs Spreadex: both brokers offer free demo (paper) trading and let you place trades directly from charts. Tickmill does not have a proprietary platform, but it supports MetaTrader 4 and MetaTrader 5, along with a Windows desktop download and a web platform. It also offers copy trading. Spreadex takes the opposite path with its own proprietary web platform, but it does not offer a Windows desktop download, MT4, MT5, or copy trading.
For trading platforms and tools, both brokers earn 4 out of 5 stars, yet Tickmill ranks #24 of 63 at ForexBrokers.com, while Spreadex ranks #34. Exact counts for technical indicators and watchlist columns aren’t specified. In short, choose Tickmill if you want MT4/MT5, desktop access, and copy trading; pick Spreadex if you prefer a simple, proprietary web platform with chart trading and a free demo.
| 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 vs Spreadex: both brokers offer iPhone and Android mobile trading apps, so you can monitor markets and place trades on the go. Each app supports stock and forex price alerts. However, neither platform syncs watchlists between the mobile app and your online account. According to ForexBrokers.com, both earn 4 out of 5 stars for mobile trading apps, with Tickmill ranked 25th out of 63 brokers and Spreadex ranked 33rd.
Charting is where they start to differ. Tickmill’s app includes 30 technical indicators and lets you draw trendlines, with drawings saved automatically when you leave a chart. Spreadex also lets you draw trendlines, but it does not auto-save chart drawings, and it doesn’t disclose how many indicators are available. If you rely on built-in indicators and saved annotations, Tickmill may feel more convenient, while Spreadex covers the basics for straightforward charting.
| Feature |
Tickmill
|
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 cover the essentials for market research: daily market commentary, top-tier forex news (e.g., Bloomberg/Reuters/Dow Jones), a sentiment tool showing long/short positioning, and an economic calendar. Neither broker offers Trading Central or TipRanks, so their in-house and third-party lineups matter most for extra trading ideas and analysis.
The key difference is in specialized tools. Spreadex includes Autochartist for automated chart pattern scans, while Tickmill integrates Acuity Trading (including Signal Centre) for actionable insights. Both earn 4 stars for Research, yet Tickmill ranks higher at #19 versus Spreadex at #27 out of 63 brokers on ForexBrokers.com. Choose Tickmill if you want Acuity-powered signals; pick Spreadex if Autochartist’s technical scans are your priority.
| 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.
Tickmill vs Spreadex for beginners: both brokers offer forex and CFD education with at least 10 pieces of learning content, and each provides 10+ beginner-friendly videos to help you get started. Tickmill stands out for live learning, running client webinars at least once a month, while Spreadex does not host ongoing webinars. Although both earn 4 out of 5 stars for Education, Tickmill ranks higher overall (#14 of 63) compared with Spreadex (#33 of 63), signaling a stronger path as your skills grow.
If you want a learning experience that includes live sessions and a clear route into more advanced topics, Tickmill also offers 10+ advanced trading videos. Spreadex is best if you prefer self-paced study focused on beginner videos and aren’t concerned about advanced lessons or live webinars. In short, both are good for first steps, but Tickmill is better if you plan to keep leveling up after the basics.
| 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 #32.
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 (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 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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