Tickmill

Tickmill

🟢 Tier 1 Regulated
8.2
/ 10
vs
Oanda

Oanda

🟢 Tier 1 Regulated
8.4
/ 10

Tickmill vs Oanda

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

Tickmill and Oanda 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. Oanda, established in 1996 in New York, USA, holds licenses from FCA, ASIC, MAS with spreads from 1.0 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, Oanda scored 8.4/10 overall compared to Tickmill's 8.2/10, making it the stronger pick for most traders. That said, Tickmill holds its own with lower trading costs and wider product range, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Oanda scores 8.4/10 overall vs 8.2/10 for Tickmill — a 0.2-point difference.

  • 💵

    Oanda requires just $0 to start, while Tickmill needs $100 — Oanda is 100x more accessible.

  • 📈

    Tickmill offers 500+ instruments vs 120+ at Oanda — a massive gap in market coverage.

  • 🖥️

    Tickmill runs on MT4, MT5, while Oanda uses fxTrade, MT4, TradingView — different ecosystems for different trading styles.

  • The biggest gap is in Research & Analysis: Oanda scores 9.0 vs 7.0 for Tickmill — a 2.0-point difference.

Our Verdict

Tickmill

Tickmill

Score: 8.2/10 · Wins 2 categories
  • You want lower spreads and trading fees
  • You want access to a wider range of instruments
  • You prefer Tickmill's trading environment overall
🏆 WINNER
Oanda

Oanda

Score: 8.4/10 · Wins 5 categories
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you

Oanda takes the lead with an overall score of 8.4/10 compared to 8.2/10, winning in 5 out of 8 scoring categories. Oanda stands out for better trading platforms and stronger regulation, while Tickmill fights back with lower trading costs and wider product range.

Detailed Verdict

After testing both brokers with real accounts, Oanda comes out ahead with a 8.4/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.5/10. Oanda holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Tickmill is not without merit — it scores 8.2/10 overall and excels in Trading Costs (9.0/10), winning 2 categories. Traders who value lower trading costs or wider product range may find Tickmill the better fit. For a complete breakdown, read our full Oanda review and Tickmill review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Tickmill
Oanda
Trading Costs
9.0 7.5

Tickmill wins by 1.5 points

Platforms & Tools
7.5 8.0

Oanda wins by 0.5 points

Regulation & Trust
9.0 9.5

Oanda wins by 0.5 points

Education
7.0 7.5

Oanda wins by 0.5 points

Customer Service
7.5 8.0

Oanda wins by 0.5 points

Research & Analysis
7.0 9.0

Oanda wins by 2.0 points

Deposit & Withdrawal
8.0 8.0
Product Range
7.5 6.5

Tickmill wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.2/10
8.4/10
Min Deposit
Lower is better
$100
$0
Max Leverage
1:500
1:200
Spreads From
0.0 pips
1.0 pips
Platforms
MT4, MT5
fxTrade, MT4, TradingView
Regulation
CySEC, FCA, FSA
FCA, ASIC, MAS
Founded
Older track record highlighted
2014
1996
Markets
500+
120+
Tickmill: 1 Oanda: 0
💰

Fees & Costs

🏅 Section Winner: Tickmill (9.0 vs 7.5)

When it comes to trading costs, Tickmill has the edge with a score of 9/10 versus 7.5/10 for Oanda. Tickmill offers spreads starting from 0.0 pips, while Oanda starts from 1.0 pips. The minimum deposit at Tickmill is $100, compared to $0 at Oanda. 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
Oanda
7.5
Tickmill: 1 Oanda: 1
🖥️

Trading Platforms

🏅 Section Winner: Oanda (7.5 vs 8.0)

Oanda scores 8/10 for platforms compared to 7.5/10 for Tickmill. Tickmill provides MT4, MT5, while Oanda offers fxTrade, MT4, TradingView. 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
Oanda
8.0
Tickmill: 1 Oanda: 2
🛡️

Regulation & Safety

🏅 Section Winner: Oanda (9.0 vs 9.5)

Regulation is crucial for fund safety. Tickmill is regulated by CySEC, FCA, FSA (Tier 1), while Oanda holds licenses from FCA, ASIC, MAS (Tier 1). Tickmill scores 9/10 and Oanda scores 9.5/10 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
Oanda
9.5
Tickmill: 1 Oanda: 3
📚

Education & Research

🏅 Section Winner: Oanda (7.0 vs 7.5)

For learning resources, Oanda leads with 7.5/10 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 Oanda 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
Oanda
7.5
Tickmill: 1 Oanda: 4
🎧

Customer Support

🏅 Section Winner: Oanda (7.5 vs 8.0)

Tickmill offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while Oanda provides 24/5 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
Oanda
8.0
Tickmill: 1 Oanda: 4
💳

Deposit & Withdrawal

Tickmill scores 8/10 for deposits and withdrawals, while Oanda scores 8/10. Tickmill accepts Bank Transfer, Credit Card, Skrill, Neteller, and Oanda supports Bank Transfer, Credit Card, PayPal. Processing times, fees, and available currencies vary. Tickmill requires a minimum deposit of $100 versus $0 for Oanda. Always check withdrawal conditions and any potential fees before funding your account.

Tickmill
8.0
Oanda
8.0

Which Broker Is Right for You?

Tickmill

Choose Tickmill if you...

  • You want lower spreads and trading fees
  • You want access to a wider range of instruments
  • You prefer Tickmill's trading environment overall
Visit Tickmill
Oanda

Choose Oanda if you...

  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
Visit Oanda

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Tickmill better than Oanda?

Oanda scores higher overall (8.4/10 vs 8.2/10), winning 5 of 8 categories. However, Tickmill is stronger in lower trading costs and wider product range. The best choice depends on what matters most to your trading style.

Which has lower fees, Tickmill or Oanda?

Tickmill scores higher for trading costs. Tickmill offers spreads from 0.0 pips with a $100 minimum deposit, while Oanda starts from 1.0 pips with $0 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. Oanda is regulated by FCA, ASIC, MAS with a score of 9.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Tickmill or Oanda?

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

What's the minimum deposit for Tickmill vs Oanda?

Tickmill requires a minimum deposit of $100, while Oanda requires $0. Oanda 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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