Two brokers clash over regulation, cost, and platform options. Tickmill offers MT4/MT5 and low commissions, while Plus500 emphasizes a regulated, commission-free proprietary experience.
Tickmill edges Plus500 on the editorial score, 4.3 to 4.0. The higher score reflects stronger overall evaluation across criteria.
Find out which broker best suits your trader profile.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Tickmill offers tighter spreads from 0.00 pips vs 0.60 pips for Plus500, reducing trading costs.
| Editorial score | 4.0/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.4 / 5▲ |
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Plus500 | 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 | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | 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 |
The scores are close: Plus500 rates 4/5 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 Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both Plus500 and Tickmill require a minimum deposit of $100 to open a live trading account.
Both Plus500 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.
Plus500 lists maximum leverage of 30:1, 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 Plus500 are not currently available. Check their website for up-to-date pricing.
Plus500 supports Proprietary Web/Mobile, while Tickmill supports MetaTrader 5, MetaTrader 4. Plus500 has exclusive access to Proprietary Web/Mobile. Tickmill has exclusive access to MetaTrader 5 and MetaTrader 4.
Equally matched; both are regulated by multiple top-tier authorities.
Tickmill wins for active traders due to MT4/MT5 access and $6/lot commissions.
Tickmill is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Tickmill wins due to MT4/MT5 availability, giving choice beyond a single proprietary platform.
Plus500 wins for beginners with a simple proprietary platform and no MT4/MT5 complexity.
Plus500 wins for instrument variety with about 2000 tradable items.
Fees & Spreads 30% weight | 4.0 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2008 | 2014 |
|---|
| Headquarters | Haifa, Israel | London, United Kingdom |
|---|
| Min Deposit | $100 | $100 |
|---|
| Spreads From | 0.6 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $6/lot |
|---|
| N/A | 0.6 pips |
| Max Leverage | 30:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | $10/month (after 3 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPalSkrillApple Pay | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardPayPalSkrill | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC MAS CySEC CMA | FCA FSCA CySEC |
|---|
| Platforms | Proprietary Web/Mobile | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Pros
Industry-low commission of $6 round-turn on Pro account
Strong FCA, CySEC, and FSCA regulatory coverage
No dealing desk on Pro and Raw accounts
Negative balance protection for retail clients
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
No phone support
Cons
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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