Tickmill

Tickmill

🟢 Tier 1 Regulated
8.2
/ 10
vs
Multibank Group

Multibank Group

🟢 Tier 1 Regulated
8.0
/ 10

Tickmill vs Multibank Group

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

Tickmill and Multibank Group 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. Multibank Group, established in 2005 in Dubai, UAE, holds licenses from ASIC, BaFin, DFSA, CIMA with spreads from 0.0 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, Tickmill scored 8.2/10 overall compared to Multibank Group's 8/10, making it the stronger pick for most traders. That said, Multibank Group holds its own with better customer support and more research tools, 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 8/10 for Multibank Group — a 0.2-point difference.

  • 💵

    Multibank Group requires just $50 to start, while Tickmill needs $100 — Multibank Group is 2x more accessible.

  • 📈

    Multibank Group offers 1,000+ instruments vs 500+ at Tickmill — a notable difference in market coverage.

  • 🖥️

    Tickmill runs on MT4, MT5, while Multibank Group uses MT4, MT5, Multibank Pro — different ecosystems for different trading styles.

Our Verdict

🏆 WINNER
Tickmill

Tickmill

Score: 8.2/10 · Wins 2 categories
  • You want lower spreads and trading fees
  • Top-tier regulation and fund safety are your priority
  • You prefer Tickmill's trading environment overall
Multibank Group

Multibank Group

Score: 8.0/10 · Wins 3 categories
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
  • You rely on in-depth research and analysis tools
  • You prefer a low minimum deposit ($50)

Tickmill takes the lead with an overall score of 8.2/10 compared to 8/10, winning in 2 out of 8 scoring categories. Tickmill stands out for lower trading costs and stronger regulation, while Multibank Group fights back with better customer support and more research tools.

Detailed Verdict

After testing both brokers with real accounts, Tickmill comes out ahead with a 8.2/10 overall rating, winning 2 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. Multibank Group is not without merit — it scores 8/10 overall and excels in Trading Costs (8.5/10), winning 3 categories. Traders who value better customer support or more research tools may find Multibank Group the better fit. For a complete breakdown, read our full Tickmill review and Multibank Group review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Tickmill
Multibank Group
Trading Costs
9.0 8.5

Tickmill wins by 0.5 points

Platforms & Tools
7.5 7.5
Regulation & Trust
9.0 8.5

Tickmill wins by 0.5 points

Education
7.0 7.0
Customer Service
7.5 8.0

Multibank Group wins by 0.5 points

Research & Analysis
7.0 7.5

Multibank Group wins by 0.5 points

Deposit & Withdrawal
8.0 8.0
Product Range
7.5 8.0

Multibank Group wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.2/10
8.0/10
Min Deposit
Lower is better
$100
$50
Max Leverage
1:500
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5
MT4, MT5, Multibank Pro
Regulation
CySEC, FCA, FSA
ASIC, BaFin, DFSA, CIMA
Founded
Older track record highlighted
2014
2005
Markets
500+
1,000+
Tickmill: 1 Multibank Group: 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 Multibank Group. Tickmill offers spreads starting from 0.0 pips, while Multibank Group starts from 0.0 pips. The minimum deposit at Tickmill is $100, compared to $50 at Multibank Group. 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
Multibank Group
8.5
Tickmill: 1 Multibank Group: 0
🖥️

Trading Platforms

Tickmill scores 7.5/10 for platforms compared to 7.5/10 for Multibank Group. Tickmill provides MT4, MT5, while Multibank Group offers MT4, MT5, Multibank Pro. 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
Multibank Group
7.5
Tickmill: 2 Multibank Group: 0
🛡️

Regulation & Safety

🏅 Section Winner: Tickmill (9.0 vs 8.5)

Regulation is crucial for fund safety. Tickmill is regulated by CySEC, FCA, FSA (Tier 1), while Multibank Group holds licenses from ASIC, BaFin, DFSA, CIMA (Tier 1). Tickmill scores 9/10 and Multibank Group scores 8.5/10 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
Multibank Group
8.5
Tickmill: 2 Multibank Group: 0
📚

Education & Research

For learning resources, Tickmill leads with 7/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Tickmill and Multibank Group 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
Multibank Group
7.0
Tickmill: 2 Multibank Group: 1
🎧

Customer Support

🏅 Section Winner: Multibank Group (7.5 vs 8.0)

Tickmill offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while Multibank Group provides 24/7 Live Chat, Email, Phone with a score of 8/10. 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
Multibank Group
8.0
Tickmill: 2 Multibank Group: 1
💳

Deposit & Withdrawal

Tickmill scores 8/10 for deposits and withdrawals, while Multibank Group scores 8/10. Tickmill accepts Bank Transfer, Credit Card, Skrill, Neteller, and Multibank Group supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Tickmill requires a minimum deposit of $100 versus $50 for Multibank Group. Always check withdrawal conditions and any potential fees before funding your account.

Tickmill
8.0
Multibank Group
8.0

Which Broker Is Right for You?

Tickmill

Choose Tickmill if you...

  • You want lower spreads and trading fees
  • Top-tier regulation and fund safety are your priority
  • You prefer Tickmill's trading environment overall
Visit Tickmill
Multibank Group

Choose Multibank Group if you...

  • Responsive customer support matters to you
  • You want access to a wider range of instruments
  • You rely on in-depth research and analysis tools
  • You prefer a low minimum deposit ($50)
Visit Multibank Group

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Tickmill better than Multibank Group?

Tickmill scores higher overall (8.2/10 vs 8/10), winning 2 of 8 categories. However, Multibank Group is stronger in better customer support and more research tools. The best choice depends on what matters most to your trading style.

Which has lower fees, Tickmill or Multibank Group?

Tickmill scores higher for trading costs. Tickmill offers spreads from 0.0 pips with a $100 minimum deposit, while Multibank Group starts from 0.0 pips with $50 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. Multibank Group is regulated by ASIC, BaFin, DFSA, CIMA with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Tickmill or Multibank Group?

Tickmill scores 7.5/10 for platforms. Tickmill offers MT4, MT5, while Multibank Group provides MT4, MT5, Multibank Pro. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Tickmill vs Multibank Group?

Tickmill requires a minimum deposit of $100, while Multibank Group requires $50. Multibank Group 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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