FXOpenvs
TickmillForex Broker Comparison
Two well-regulated forex brokers square off on cost, platforms, and support. FXOpen offers cTrader with ECN pricing, while Tickmill stresses phone support and MT4/MT5 access.
Our Verdict
Too close to call0.1 pts apart
FXOpen and Tickmill are closely matched overall, with Tickmill providing phone support that FXOpen does not.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Phone support is available at Tickmill but not FXOpen.
- 2FXOpen lists 700 instruments while Tickmill lists 600.
- 3Tickmill offers higher max leverage at 1000:1 than FXOpen’s 500:1.
Who should choose FXOpen vs Tickmill?
Find out which broker best suits your trader profile.
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
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
It’s a tie
Both equally suited
FXOpen vs Tickmill: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.4 / 5 |
FXOpen vs Tickmill Forex Broker Pros & Cons
Pros
FCA, CySEC, and ASIC triple regulation
$3 round-turn ECN commission, one of the lowest in retail forex
Early cTrader adopter with mature integration
MT4, MT5, and cTrader all available
Client funds held in segregated accounts
FXOpen vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
FXOpen
criteria wins
1
Tickmill
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FXOpen | Tickmill |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | 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 | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
FXOpen vs Tickmill: Frequently Asked Questions
The scores are close: FXOpen rates 4.2/5 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.
Both FXOpen and Tickmill start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Both FXOpen and Tickmill require a minimum deposit of $100 to open a live trading account.
Both FXOpen and Tickmill hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
FXOpen lists maximum leverage of 500:1, 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.
FXOpen charges $3 per lot, lower than Tickmill's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
FXOpen supports cTrader, MetaTrader 5, MetaTrader 4, while Tickmill supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FXOpen has exclusive access to cTrader.
