Derivvs
TickmillForex Broker Comparison
Deriv and Tickmill clash on cost, regulation, and platforms. Deriv offers synthetic indices and MFSA licensing, while Tickmill emphasizes low cost execution under FCA/CySEC/FSCA oversight.
Our Verdict
Tickmill winsby 0.2 pts
Tickmill edges Deriv in the overall editorial score, 4.3 to 4.1, reflecting stronger category performance.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Deriv offers a proprietary trading platform.
- 2Tickmill provides raw spreads with $6/lot commissions.
- 3Tickmill is top-tier regulated; Deriv is not.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Tickmill offers tighter spreads from 0.00 pips vs 0.50 pips for Deriv, reducing trading costs.
Best for safety & regulation
Recommended
Deriv vs Tickmill: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.4 / 5▲ |
Deriv vs Tickmill Forex Broker Pros & Cons
Pros
Synthetic indices trade 24/7, unique offering unavailable at mainstream brokers
Very low $5 minimum deposit
Multi-platform: DTrader, MT5, Deriv X, SmartTrader
MFSA (Malta/EU) licensing for European clients
Client funds held in segregated accounts
Deriv vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Deriv
criteria win
5
Tickmill
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Deriv | Tickmill |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Deriv vs Tickmill: Frequently Asked Questions
The scores are close: Deriv rates 4.1/5 and Tickmill rates 4.3/5. Tickmill has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Tickmill starts from 0 pips, tighter than Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Deriv has $5, while Tickmill requires at least $100. This makes Deriv more accessible for traders with limited starting capital.
Tickmill holds top-tier regulation (FCA, FSCA, CySEC), providing stronger investor protections. Deriv 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: Deriv requires a lower minimum deposit ($5), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Deriv lists maximum leverage of 1000:1, while Tickmill lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Tickmill charges $6 per lot on commission-based accounts. Commission details for Deriv are not currently available. Check their website for up-to-date pricing.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while Tickmill supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade. Tickmill has exclusive access to MetaTrader 4.
