Interactive Brokersvs
TickmillForex Broker Comparison
This comparison pits Interactive Brokers against Tickmill on regulation, pricing, and platforms. The tension centers on instrument breadth and platform support versus cost efficiency.
Our Verdict
Interactive Brokers winsby 0.3 pts
Interactive Brokers edges Tickmill on overall score, backed by top-tier regulation and access to 17,000+ instruments.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1IB offers 17,000+ instruments; Tickmill offers 600.
- 2IB has a proprietary platform; Tickmill does not.
- 3US availability differs: IB serves US residents; Tickmill is not available there.
Who should choose Interactive Brokers vs Tickmill?
Find out which broker best suits your trader profile.
Choose Interactive Brokers if…
Choose Interactive Brokers if you need access to 17,000+ instruments and a proprietary trading platform.
Choose Tickmill if…
Choose Tickmill if you want MT4/MT5 support and low commissions on Pro accounts.
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 0.20 pips for Interactive Brokers, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Interactive Brokers vs Tickmill: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.6/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.8 / 5▲ | 4.4 / 5 |
Interactive Brokers vs Tickmill Forex Broker Pros & Cons
Pros
Available to US residents
Lowest margin rates in industry
150+ global markets
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Interactive Brokers vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Interactive Brokers
criteria win
2
Tickmill
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Interactive Brokers | 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 | Fail | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Interactive Brokers vs Tickmill: Frequently Asked Questions
The scores are close: Interactive Brokers rates 4.6/5 and Tickmill rates 4.3/5. Interactive Brokers 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 Interactive Brokers's 0.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Interactive Brokers has no minimum deposit, while Tickmill requires at least $100. This makes Interactive Brokers more accessible for traders with limited starting capital.
Both Interactive Brokers 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, two factors stand out: Interactive Brokers has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Interactive Brokers lists maximum leverage of 50:1, 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.
Interactive Brokers charges $2 per lot, lower than Tickmill's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
Interactive Brokers supports Trader Workstation (TWS), Proprietary Web/Mobile, while Tickmill supports MetaTrader 5, MetaTrader 4. Interactive Brokers has exclusive access to Trader Workstation (TWS) and Proprietary Web/Mobile. Tickmill has exclusive access to MetaTrader 5 and MetaTrader 4.
