ThinkMarketsvs
TickmillForex Broker Comparison
Two forex brokers face off on instrument breadth, platform choice, and regulation. ThinkMarkets offers a vast 4000-instrument catalog and a proprietary platform, while Tickmill emphasizes low-cost MT4/MT5 trading.
Our Verdict
Too close to call0.1 pts apart
ThinkMarkets and Tickmill are closely matched, with the clearest differentiator being ThinkMarkets' larger instrument catalog and its proprietary platform.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ThinkMarkets offers 4000 instruments versus Tickmill's 600.
- 2ThinkMarkets has a proprietary platform ThinkTrader.
- 3ThinkMarkets allows 500:1 leverage versus Tickmill's 1000:1.
Who should choose ThinkMarkets vs Tickmill?
Find out which broker best suits your trader profile.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want a $0 minimum deposit and a proprietary ThinkTrader app.
Choose Tickmill if…
Choose Tickmill if you want the lowest commissions and high leverage on MT4/MT5.
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 0.40 pips for ThinkMarkets, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
ThinkMarkets 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 | 4.3 / 5 | 4.4 / 5▲ |
ThinkMarkets vs Tickmill Forex Broker Pros & Cons
Pros
No minimum deposit on standard ThinkForex account
ThinkTrader proprietary app is well-reviewed for mobile trading
JFSA regulation for Japanese clients
Strong multi-region regulatory coverage
Regulated by top-tier authorities (FCA, ASIC, CySEC)
ThinkMarkets vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
ThinkMarkets
criteria win
0
Tickmill
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | ThinkMarkets | 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 | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
ThinkMarkets vs Tickmill: Frequently Asked Questions
The scores are close: ThinkMarkets 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.
Tickmill starts from 0 pips, tighter than ThinkMarkets's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ThinkMarkets has no minimum deposit, while Tickmill requires at least $100. This makes ThinkMarkets more accessible for traders with limited starting capital.
Both ThinkMarkets 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: ThinkMarkets 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.
ThinkMarkets 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.
Tickmill charges $6 per lot, lower than ThinkMarkets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4, while Tickmill supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. ThinkMarkets has exclusive access to Proprietary Web/Mobile and TradingView.
