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 comes out ahead of Spreadex on commissions and fees, especially for active forex traders. Tickmill offers two account types: Classic, which is commission-free but has wider spreads, and Raw, which uses a per-trade commission of $3 per side, or $6 per standard lot. Even with that commission, Tickmill’s total trading costs stay low thanks to tight spreads, with EUR/USD typical spread data around 0.11 pips on the Raw account and an estimated all-in cost of about 0.71 pips after commission. Tickmill is rated 4.5/5 stars and ranked #10 out of 36 brokers for commissions and fees.
Spreadex is simpler, since its forex pricing is mainly spread-based rather than commission-based. 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. That makes Spreadex competitive, but generally more expensive than Tickmill’s Raw account for cost-conscious traders. Spreadex is rated 4/5 stars and ranked #25 out of 36 brokers for commissions and fees.
In plain terms, Tickmill is the better pick if keeping trading costs low is your main goal, while Spreadex may appeal to traders who prefer a straightforward spread-only setup. Tickmill’s lower all-in costs and stronger ranking give it the edge overall, particularly for high-volume or frequent trading.
| 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.
When it comes to range of investments, Spreadex offers a wider choice than Tickmill. Spreadex lists about 10,000 tradeable symbols, compared with Tickmill’s 637, although Tickmill does provide a slightly larger selection of forex pairs at 62 versus 52. Both brokers support forex trading and cryptocurrency CFDs, but neither lets clients buy real shares on U.S. or international exchanges, and neither offers direct crypto purchases.
Tickmill does stand out for copy trading, which Spreadex does not provide. Still, for overall investment choice, Spreadex is rated higher, earning 5 out of 5 stars for Range of Investments and ranking #13 out of 36 brokers on ForexBrokers.com, while Tickmill scores 3.5 stars and ranks #30. For traders looking for the broadest list of markets, Spreadex has the edge.
| 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.
When comparing Tickmill and Spreadex for trading platforms and tools, both brokers give traders a free demo account and access to web-based trading, plus the ability to place trades directly from a chart. Each also earns a 4-star rating for this category, so both offer a solid starting point for active traders who want flexible ways to manage orders and test strategies without using real money.
Tickmill stands out for platform choice and extra features. It offers Windows desktop software, MetaTrader 4, MetaTrader 5, and copy trading, while Spreadex does not support MT4, MT5, or copy trading. Spreadex does have its own in-house platform, which Tickmill does not, but Tickmill ranks higher overall in ForexBrokers.com’s Trading Platforms and Tools category, placing #24 out of 36 brokers compared with Spreadex at #34.
| 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, so traders can place trades and manage accounts on the go with either broker. Both apps also let users draw trendlines on charts, and both have a 4-star Mobile Trading Apps rating from ForexBrokers.com. That said, Tickmill stands out for charting depth, offering 97 technical studies in its mobile app, while Spreadex does not list a comparable number of studies.
Where Spreadex has an edge is price alerts, since its app can send stock or forex alerts and Tickmill’s app cannot. Tickmill, on the other hand, supports watchlist symbol syncing, so changes made in the mobile app and online account stay matched, while Spreadex does not offer this feature. Neither app auto-saves chart drawings, and in ForexBrokers.com’s Mobile Trading Apps ranking, Tickmill places higher at #25 out of 36 brokers versus Spreadex at #33.
| 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 cover the basics well for market research, with daily market commentary and an economic calendar that helps traders track upcoming events. Each broker also earns a 4-star research rating from ForexBrokers.com, so both can serve traders who want a solid starting point for market updates and planning.
Where they differ is in the depth and type of research tools offered. Spreadex has an edge for traders who want more outside analysis, since it includes forex news from top-tier sources, Autochartist tools, and a sentiment indicator showing long and short positions. Tickmill does not offer those features, but it does provide Acuity Trading tools such as Signal Centre. In ForexBrokers.com’s research ranking, Tickmill places higher overall at #19 out of 36 brokers, while Spreadex ranks #27.
| 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.
When it comes to beginner-friendly learning tools, Tickmill and Spreadex both offer helpful starting points, but Tickmill gives new traders more to work with overall. Tickmill provides forex and CFD education, regular online webinars, and a solid library of beginner videos, along with advanced videos for traders who want to go further. Spreadex also offers at least 10 beginner videos and has an Education rating of 4 stars, but it does not appear to provide monthly educational webinars or the same depth of advanced video content.
For beginners comparing the two, Tickmill stands out as the stronger choice for ongoing learning, especially because it hosts webinars at least once a month and has a better Education ranking from ForexBrokers.com, placing #14 out of 36 brokers. Spreadex is rated similarly at 4 stars, but its lower ranking of #33 suggests a smaller range of educational support overall. In simple terms, both brokers can help you get started, but Tickmill offers more chances to learn as you grow.
| 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 | 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) - 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 | 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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| 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 | 85 | 70 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Spreadex Review |
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