This comparison pits Phemex, a native crypto exchange, against Tickmill, a regulated CFD broker. The axis of tension is asset depth, fees, and platform capabilities.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose Phemex if you want access to an own native exchange and 24/5 live chat. You also get crypto withdrawals and staking options.
Choose if…
Choose Tickmill if you value FCA and CySEC regulation and compensation coverage. You also benefit from MT4/MT5 platforms with ECN execution and low commissions.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.9/ 5 |
| Min Deposit | No minimum▼ lower | $100 |
| Spreads From | N/A | 0 pips |
| Taker Fee | 0.10%▼ lower | 6.00% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Phemex | Tickmill |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Pass | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
Phemex and Tickmill share the same editorial score of 3.9/5. One concrete differentiator: Phemex requires a lower minimum deposit.
Tickmill lists a spread from 0. Current spread data is not available for Phemex. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Phemex has no minimum deposit, while Tickmill requires at least $100. This makes Phemex more accessible for traders looking to start with a smaller crypto investment.
Tickmill holds top-tier regulation (CySEC, FCA, FSCA), providing stronger investor protections. Phemex may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: Phemex has no minimum deposit, removing the capital barrier entirely, and Tickmill provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Phemex offers up to 100:1 on perpetual or margin products, versus Tickmill's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Phemex charges $0.1 per trade, lower than Tickmill's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Phemex supports Proprietary Web/Mobile, while Tickmill supports MetaTrader 4, MetaTrader 5. Phemex has exclusive access to Proprietary Web/Mobile. Tickmill has exclusive access to MetaTrader 4 and MetaTrader 5.
Phemex scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
Phemex offers staking while Tickmill does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Phemex's supported coins, lock-up terms, and estimated yields before committing.
Tickmill wins for security due to FCA and CySEC regulation plus compensation coverage.
Tickmill wins for low fees with explicit $2 per lot ECN commissions.
Phemex offers staking and yield-earning options while Tickmill does not, making Phemex the better choice for holders who want to earn passive income on their crypto.
| N/A |
| 0.6 pips |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Crypto | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | — | CySEC FCA FSCA |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | Yes | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
Both Phemex and Tickmill are closely matched, with the clearest differentiator being Phemex's crypto withdrawals availability.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
Score 3.9 / 5
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