menuclose
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Tickmill vs TMGM 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Tickmill vs TMGM, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Tickmill
4.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 86
  • Tradeable Symbols (Total): 637
TMGM
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 83
  • Tradeable Symbols (Total): 12000

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.

Regulation

When comparing Tickmill and TMGM, both renowned online brokers, it's important to consider their trust scores and regulatory credentials. Founded in 2014, Tickmill holds two highly regarded Tier-1 licenses and two trusted Tier-2 licenses, contributing to its commendable Trust Score of 86 out of 99 from ForexBrokers.com. This places Tickmill comfortably in the trusted category for traders. Meanwhile, TMGM, established in 2013, also holds two Tier-1 licenses but lacks Tier-2 licenses, resulting in a slightly lower Trust Score of 83. This score still signifies a reliable level of trustworthiness, though slightly behind Tickmill in regulatory strength.

Neither Tickmill nor TMGM are publicly traded or classified as banks, which is typical for many online brokers. Despite these similarities, their regulatory licenses make a notable difference for potential investors. Both companies' Tier-1 licenses indicate they are highly trusted, but Tickmill's additional Tier-2 licenses may provide an added layer of assurance for those concerned with security and regulation. Overall, both brokers offer strong trust levels, though Tickmill edges out slightly with its more comprehensive regulatory framework.

Feature Tickmill logoTickmill
TMGM logoTMGM
Year Founded info 2014 2013
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2

Fees

Comparing commissions and fees, Tickmill earns 5/5 stars and ranks #4 of 63, while TMGM earns 4/5 stars and ranks #37 of 63. Both brokers offer a spread-only account and a commission account. Tickmill’s Raw account charges $3 per side ($6 per standard lot, round turn) with very low typical spreads; TMGM’s Edge account charges $3.50 per side ($7 round turn) with low spreads and no requotes, but recent average spread data for EUR/USD isn’t published.

Tickmill details: The Classic account is commission-free but carries higher average spreads (about 1.76 pips as of August 2023). On the Raw account, Tickmill listed a typical EUR/USD spread of 0.11 pips (October 2023). After adding today’s higher commission, the estimated all-in cost for EUR/USD is roughly 0.71 pips per round turn (0.11 spread + 0.60 commission equivalent). The Raw account also has a low $100 minimum deposit.

TMGM details: The Classic account is spread-only. The Edge account adds a $3.50-per-side commission and is the only option for swap-free (Islamic) trading. Because TMGM has not published recent average spreads for EUR/USD, precise all-in costs are harder to verify; cost-focused traders may find Tickmill’s disclosed data and lower per-side commission more compelling. If you prefer TMGM, plan to use the Edge account and compare live spreads before you trade.

Feature Tickmill logoTickmill
TMGM logoTMGM
Minimum Deposit info $100 $100
Average spread (EUR/USD) - Standard account info 1.70 info N/A info
All-in Cost EUR/USD - Active info 0.70 info N/A info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Tickmill vs TMGM: Both brokers let you trade forex as CFDs and support copy trading. TMGM offers a far wider selection with about 12,000 tradeable symbols, compared with Tickmill’s 637. For currency traders, Tickmill lists 63 forex pairs, slightly more than TMGM’s 62. If you want crypto exposure, both brokers provide cryptocurrency CFDs, but neither allows buying actual coins. Also, neither broker offers direct, exchange-traded shares on U.S. or international stock exchanges.

For range of investments, TMGM is rated 4.5/5 (ranked 18th of 63), while Tickmill is rated 3.5/5 (ranked 43rd). Pick TMGM if you want a very large lineup of CFD markets beyond forex; choose Tickmill if your focus is mostly forex pairs and you also want access to copy trading.

Feature Tickmill logoTickmill
TMGM logoTMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 637 12000
Forex Pairs (Total) info 63 62
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Tickmill vs TMGM: both online brokers deliver similar trading platforms and tools. Each offers a free demo account for paper trading and relies on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) instead of a proprietary platform. You can trade on Windows desktop and in a web browser with either broker, and both support copy trading and placing trades directly from charts. Because they use MT4/MT5, you get the familiar MetaTrader indicator library and watchlist features, along with any plugins you choose to add.

For quality scores, ForexBrokers.com rates both brokers 4 out of 5 stars for Trading Platforms and Tools, with Tickmill ranked #30 of 63 and TMGM ranked #49 of 63. If you’re deciding between them, expect nearly the same platform experience—MT4/MT5, web and desktop access, copy trading, and chart trading—and consider other factors like pricing or available markets to break the tie.

Feature Tickmill logoTickmill
TMGM logoTMGM
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 91 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Tickmill and TMGM both deliver full-featured mobile trading apps for iPhone and Android. Each supports price alerts for forex, includes 30 built-in technical studies, and lets you draw trendlines with drawings auto-saved. One notable limitation is that neither app syncs watchlists with the web platform, so symbols you add or edit on mobile won’t carry over to your online account.

Ratings are tied at 4 stars for both brokers’ mobile apps, yet Tickmill places higher in ForexBrokers.com’s Mobile Trading Apps ranking: #30 out of 63, compared with TMGM at #48. If watchlist sync isn’t essential to you, this edge suggests Tickmill may offer a slightly stronger overall mobile experience, while TMGM remains a capable alternative with similar charting tools and alerts.

Feature Tickmill logoTickmill
TMGM logoTMGM
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Tickmill and TMGM both deliver core market research features that many traders look for. Each provides daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, an economic calendar, sentiment data showing long vs. short positioning, and research via Acuity Trading (Signal Centre). Neither broker includes Autochartist or TipRanks.

The main difference is that TMGM adds Trading Central’s analysis tools, which Tickmill doesn’t offer. Even so, overall ratings favor Tickmill: it earns 4 stars for Research and ranks #21 out of 63 brokers on ForexBrokers.com, while TMGM holds 3.5 stars and ranks #54. Choose TMGM if you want Trading Central; pick Tickmill if higher-rated, all-around research is your priority.

Feature Tickmill logoTickmill
TMGM logoTMGM
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info No Yes
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info Yes Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners seeking forex and CFD education, Tickmill is more beginner-friendly than TMGM. Tickmill runs ongoing client webinars (at least once a month) and offers 10+ beginner video tutorials that explain trading basics in plain terms, plus 10+ advanced videos for when you’re ready to go deeper. TMGM does not host monthly educational webinars and does not provide at least 10 beginner or advanced trading videos, which can make it harder for new traders to find structured learning paths.

Independent ratings reflect this gap: Tickmill earns 4 out of 5 stars for Education and ranks #15 out of 63 brokers at ForexBrokers.com, while TMGM scores 3.5 stars and ranks #54. If education and learning support are priorities as you start trading forex and CFDs, Tickmill offers a clearer library of videos and regular webinars to help you build skills step by step.

Feature Tickmill logoTickmill
TMGM logoTMGM
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than TMGM. Tickmill finished with an overall rank of #22, while TMGM finished with an overall rank of #37.

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 logoTickmill
TMGM logoTMGM
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 86 83
Range of Investments 3.5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Tickmill or TMGM?

Tickmill vs TMGM: neither online broker supports buying actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.

What funding options does each broker offer?

Tickmill vs TMGM: Neither broker offers ACH or SEPA transfers; both support PayPal, Skrill, and bank wire deposits/withdrawals, while Visa/Mastercard availability is not specified.




announcementPlease 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.

Select Brokers

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating Tickmill TMGM
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 86 83
Winner check_circle
Review Tickmill Review TMGM Review
Broker Screenshots Tickmill TMGM
Broker Gallery (click to expand) info
Regulation Tickmill TMGM
Trust Score info 86 83
Year Founded info 2014 2013
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) Tickmill TMGM
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Tickmill TMGM
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Tickmill TMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 637 12000
Forex Pairs (Total) info 63 62
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 TMGM
Average spread (EUR/USD) - Standard account info 1.70 info N/A info
All-in Cost EUR/USD - Active info 0.70 info N/A info
Inactivity Fee info No Yes
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding Tickmill TMGM
Minimum Deposit info $100 $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms Tickmill TMGM
Proprietary Desktop Trading Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
Trading Tools Tickmill TMGM
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 91 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Tickmill TMGM
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research Tickmill TMGM
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info No Yes
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education Tickmill TMGM
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs Tickmill TMGM
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Tickmill Review TMGM Review
Overall Tickmill TMGM
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 86 83
Winner check_circle
Review Tickmill Review TMGM Review
arrow_upward

close