Tickmill

Tickmill

🟢 Tier 1 Regulated
8.2
/ 10
vs
FXOpen

FXOpen

🟢 Tier 1 Regulated
7.8
/ 10

Tickmill vs FXOpen

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Tickmill and FXOpen are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Tickmill, founded in 2014 and headquartered in Limassol, Cyprus, is regulated by CySEC, FCA, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $100. FXOpen, established in 2005 in Christchurch, New Zealand, holds licenses from FCA, ASIC, CySEC with spreads from 0.0 pips and a $1 minimum deposit. In our hands-on testing across 8 scoring categories, Tickmill scored 8.2/10 overall compared to FXOpen's 7.8/10, making it the stronger pick for most traders. That said, FXOpen holds its own with better trading platforms, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Tickmill scores 8.2/10 overall vs 7.8/10 for FXOpen — a 0.4-point difference.

  • 💵

    FXOpen requires just $1 to start, while Tickmill needs $100 — FXOpen is 100x more accessible.

  • 📈

    FXOpen offers 600+ instruments vs 500+ at Tickmill — a notable difference in market coverage.

  • 🖥️

    Tickmill runs on MT4, MT5, while FXOpen uses MT4, MT5, TickTrader — different ecosystems for different trading styles.

Our Verdict

🏆 WINNER
Tickmill

Tickmill

Score: 8.2/10 · Wins 4 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
FXOpen

FXOpen

Score: 7.8/10 · Wins 1 categories
  • You need advanced trading platforms and tools
  • You prefer a low minimum deposit ($1)
  • You prefer FXOpen's trading environment overall

Tickmill takes the lead with an overall score of 8.2/10 compared to 7.8/10, winning in 4 out of 8 scoring categories. Tickmill stands out for lower trading costs and superior education resources, while FXOpen fights back with better trading platforms.

Detailed Verdict

After testing both brokers with real accounts, Tickmill comes out ahead with a 8.2/10 overall rating, winning 4 out of 8 categories. Its strongest area is Trading Costs where it scores 9.0/10. Tickmill holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXOpen is not without merit — it scores 7.8/10 overall and excels in Regulation & Trust (9.0/10), winning 1 category. Traders who value better trading platforms may find FXOpen the better fit. For a complete breakdown, read our full Tickmill review and FXOpen review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Tickmill
FXOpen
Trading Costs
9.0 8.5

Tickmill wins by 0.5 points

Platforms & Tools
7.5 8.0

FXOpen wins by 0.5 points

Regulation & Trust
9.0 9.0
Education
7.0 6.5

Tickmill wins by 0.5 points

Customer Service
7.5 7.0

Tickmill wins by 0.5 points

Research & Analysis
7.0 7.0
Deposit & Withdrawal
8.0 7.5

Tickmill wins by 0.5 points

Product Range
7.5 7.5

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.2/10
7.8/10
Min Deposit
Lower is better
$100
$1
Max Leverage
1:500
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5
MT4, MT5, TickTrader
Regulation
CySEC, FCA, FSA
FCA, ASIC, CySEC
Founded
Older track record highlighted
2014
2005
Markets
500+
600+
Tickmill: 1 FXOpen: 0
💰

Fees & Costs

🏅 Section Winner: Tickmill (9.0 vs 8.5)

When it comes to trading costs, Tickmill has the edge with a score of 9/10 versus 8.5/10 for FXOpen. Tickmill offers spreads starting from 0.0 pips, while FXOpen starts from 0.0 pips. The minimum deposit at Tickmill is $100, compared to $1 at FXOpen. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

Tickmill
9.0
FXOpen
8.5
Tickmill: 1 FXOpen: 1
🖥️

Trading Platforms

🏅 Section Winner: FXOpen (7.5 vs 8.0)

FXOpen scores 8/10 for platforms compared to 7.5/10 for Tickmill. Tickmill provides MT4, MT5, while FXOpen offers MT4, MT5, TickTrader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Tickmill
7.5
FXOpen
8.0
Tickmill: 1 FXOpen: 1
🛡️

Regulation & Safety

Regulation is crucial for fund safety. Tickmill is regulated by CySEC, FCA, FSA (Tier 1), while FXOpen holds licenses from FCA, ASIC, CySEC (Tier 1). Tickmill scores 9/10 and FXOpen scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

Tickmill
9.0
FXOpen
9.0
Tickmill: 2 FXOpen: 1
📚

Education & Research

🏅 Section Winner: Tickmill (7.0 vs 6.5)

For learning resources, Tickmill leads with 7/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Tickmill and FXOpen both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

Tickmill
7.0
FXOpen
6.5
Tickmill: 3 FXOpen: 1
🎧

Customer Support

🏅 Section Winner: Tickmill (7.5 vs 7.0)

Tickmill offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while FXOpen provides 24/5 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

Tickmill
7.5
FXOpen
7.0
Tickmill: 4 FXOpen: 1
💳

Deposit & Withdrawal

🏅 Section Winner: Tickmill (8.0 vs 7.5)

Tickmill scores 8/10 for deposits and withdrawals, while FXOpen scores 7.5/10. Tickmill accepts Bank Transfer, Credit Card, Skrill, Neteller, and FXOpen supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Tickmill requires a minimum deposit of $100 versus $1 for FXOpen. Always check withdrawal conditions and any potential fees before funding your account.

Tickmill
8.0
FXOpen
7.5

Which Broker Is Right for You?

Tickmill

Choose Tickmill if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
Visit Tickmill
FXOpen

Choose FXOpen if you...

  • You need advanced trading platforms and tools
  • You prefer a low minimum deposit ($1)
  • You prefer FXOpen's trading environment overall
Visit FXOpen

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Tickmill better than FXOpen?

Tickmill scores higher overall (8.2/10 vs 7.8/10), winning 4 of 8 categories. However, FXOpen is stronger in better trading platforms. The best choice depends on what matters most to your trading style.

Which has lower fees, Tickmill or FXOpen?

Tickmill scores higher for trading costs. Tickmill offers spreads from 0.0 pips with a $100 minimum deposit, while FXOpen starts from 0.0 pips with $1 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Tickmill safe to trade with?

Tickmill is regulated by CySEC, FCA, FSA and scores 9/10 for regulation. FXOpen is regulated by FCA, ASIC, CySEC with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Tickmill or FXOpen?

FXOpen scores 8/10 for platforms. Tickmill offers MT4, MT5, while FXOpen provides MT4, MT5, TickTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Tickmill vs FXOpen?

Tickmill requires a minimum deposit of $100, while FXOpen requires $1. FXOpen has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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