IG vs Tickmill Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - IG or Tickmill?
Our pick: Tickmill
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Tickmill looks preferable to IG.
Tickmill scored 4.5/5 and ranks 11 in our all Forex brokers list, whereas IG has 4.1/5 and ranks 38.
This is not financial advice. See the full comparison below.
Who is IG suitable for?
Broker IG.com is suitable for traders of all levels, offering reliability, convenience, a wide selection of instruments, and good customer support.
Who is Tickmill suitable for?
Tickmill is suitable for beginners due to accessible educational materials and for experienced traders who value low trading commissions and stable platforms.
Comparison Table of IG and Tickmill
| Broker | IG | Tickmill |
|---|---|---|
| Rating | 4.1/5 | 4.5/5 |
| Foundation Year | 1973 | 2013 |
| Regulated in Countries | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates | United Kingdom, Cyprus, South Africa, Seychelles |
| Minimum Deposit |
|
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| Spread | from 0.165 points | from 0 points |
| Max Leverage | 1:200 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
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| Review | IG Review | Tickmill Review |
IG Review
IG is a highly regulated broker with licenses from reliable financial authorities, providing clients with high funds protection. Thanks to narrow spreads, traders can effectively manage their costs and increase the profitability of their operations. Quality trading platforms and advanced analytical tools support informed trading decisions, while extensive educational resources make IG attractive to traders of all experience levels.
Pros and Cons of IG
Pros
- Licenses from regulators with a high level of credibility.
- Tight spreads.
- A variety of markets and products.
- Extensive set of analytical tools and content.
- Quality educational resources for different levels of traders.
Cons
- Limited choice of trading accounts.
- High trading fee on DMA account.
- Inactivity fee.
- Limited choice of payment methods.
IG is in the top 10 of the following ratings:
Tickmill Review
Tickmill offers high-quality services and conditions for trading on the international Forex market. With reliable regulation, access to popular trading platforms, and comprehensive educational and analytical materials, Tickmill becomes an attractive choice for traders of different experience levels.
The broker is suitable for novice traders, thanks to accessible educational materials and the ease of opening an account, as well as for experienced traders who value low spreads, platform stability, and a variety of trading instruments.
Pros and Cons of Tickmill
Pros
- Low trading fees.
- Variety of trading platforms.
- Extensive library of educational materials and analytical tools.
Cons
- Not enough different types of trading accounts.
Tickmill is in the top 10 of the following ratings:
Reliability
| Broker | IG | Tickmill |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 1973 | 2013 |
| Regulated in Countries | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates | United Kingdom, Cyprus, South Africa, Seychelles |
| Regulators |
IG
The company is subject to numerous international regulators, ensuring a high degree of transparency.
Tickmill
Tickmill's reliability is confirmed by its regulation by leading international organizations and licensing by the relevant governmental bodies.
Account Opening
| Broker | IG | Tickmill |
|---|---|---|
| Account Opening | 4/5 | 4.3/5 |
| Minimum Deposit |
|
|
IG
The account opening process is simple, fast, and convenient for traders of any experience level.
Pros
- No minimum deposit required.
- Quick registration process (5-10 minutes).
Cons
- Necessity to provide extensive personal and financial information.
- Verification may take a couple of days.
- There is a possibility of being denied account opening.
Tickmill
Opening an account with Tickmill is a straightforward and relatively quick process, but it does require document verification.
Pros
- Ease of understanding the process.
- Detailed instructions at each step.
Cons
- The verification process can take up to 24 business hours.
- The minimum deposit of $100 may be high for beginners.
Account Types
| Broker | IG | Tickmill |
|---|---|---|
| Account Types | 2.5/5 | 4/5 |
| Trading Accounts |
|
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| Minimum Deposit |
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| Spread | from 0.165 points | from 0 points |
| Max Leverage | 1:200 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
IG
IG offers a limited selection of accounts, meeting the basic needs of traders, but not accommodating specific requirements.
Pros
- Availability of DMA account for professional traders.
- Premium service offered for high-value clients.
- Free demo account for practice and training.
Cons
- Absence of Islamic and investment accounts.
- No fixed spread accounts and cent accounts.
Tickmill
Tickmill offers a flexible selection of accounts, satisfying different categories of traders. However, the absence of certain types of accounts may limit options.
Pros
- The presence of an Islamic account that adheres to Sharia principles.
- Availability of a free demo account.
- The ability to copy trades of successful traders.
Cons
- Lack of cent accounts.
- Fixed spread accounts are not offered.
Commissions
| Broker | IG | Tickmill |
|---|---|---|
| Commissions | 3/5 | 3.5/5 |
| Spread | from 0.165 points | from 0 points |
| Average Spread (EURUSD) | 1.1 | 1.6 |
| Commission per Lot | $6.48 | $3 |
IG
IG provides an average level of commissions, with low spreads but high transaction fees on DMA accounts.
Pros
- Low spreads.
- No fees for deposits/withdrawals.
Cons
- High transaction fee on DMA account.
- Inactivity fee.
- Currency conversion fee and guaranteed stop fee.
Tickmill
Tickmill offers competitive conditions with average commissions, which is pleasantly surprising with the absence of fees for deposits and withdrawals.
Deposit and Withdrawal
| Broker | IG | Tickmill |
|---|---|---|
| Rating | 3.7/5 | 5/5 |
| Account Funding Methods |
|
|
IG
Broker IG offers an average level of services for deposits/withdrawals, not charging a fee, but has limitations on available methods.
Pros
- No commission for funding and withdrawal.
- PayPal available as a deposit/withdrawal option.
- Transparent information about limits.
Cons
- Absence of cryptocurrencies and most electronic wallets.
- Withdrawal processing time can take up to 5 business days.
- Restrictions on the minimum withdrawal amount.
Tickmill
Tickmill provides a wide choice of deposit and withdrawal methods without charging fees, ensuring high-speed processing of transactions.
Markets and Products
| Broker | IG | Tickmill |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 99 | 62 |
| Precious Metals | 11 | 4 |
| Energy Carriers | 9 | 2 |
| Soft Commodities | 20 | 2 |
| Indices | 46 | 23 |
| Stocks | 13000 | 489 |
| ETF | 5400 | 23 |
| Bonds | 19 | 4 |
| Cryptocurrency | 15 | 9 |
IG
IG offers an extensive range of products and markets for trading, with an impressive selection of CFDs, options, and thematic baskets.
Tickmill
Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.
Trading Platforms
| Broker | IG | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
|
|
IG
IG offers a variety of trading platforms, including MetaTrader 4, IG Trading Platform, and L2 Dealer, catering to traders of all levels.
Tickmill
Tickmill offers proven MT4 and MT5 terminals, its mobile app, integration with TradingView, and an innovative platform for automatic trade copying - Pelican Trading.
Pros
- Reliable and functional MetaTrader 4 and 5 platforms and integration with TradingView.
- Mobile app for trading on the go.
- An interesting solution for automatic trade copying with Pelican Trading.
Analytics
| Broker | IG | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
IG
IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.
Tickmill
Tickmill offers extensive analytical tools, including regular reviews, Autochartist, and the Signal Centre tool.
Pros
- Daily fundamental and technical analytical reviews.
- Useful analysis tools such as Autochartist and Signal Centre.
- Market sentiment information and handy Forex calculators.
Education
| Broker | IG | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
IG
IG offers high-quality and comprehensive educational materials suitable for traders of various levels.
Tickmill
Tickmill provides a comprehensive package of educational materials, including webinars, seminars, eBooks, video tutorials, and a blog.
Pros
- A wide variety of learning formats to suit different trader preferences.
- Periodic webinars and seminars with experts for in-depth understanding of trading.
- Regularly updated analytical and educational materials in the blog.
Customer Support
| Broker | IG | Tickmill |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
Facebook
LinkedIn
YouTube
Instagram
VK
TelegramIG
IG provides fast and professional support.
Tickmill
Tickmill's technical support is high quality, available through various channels, and provides timely responses.
Pros
- Email inquiries responded to within 24 hours.
- Professionalism and competence of staff.
Cons
- Support is not available 24/7.
- Can only call an international phone number.
- Messengers are not among the communication channels.
Comparisons of IG and Tickmill with other brokers
Conclusion
Tickmill stands out as the better overall pick, while IG trails on aggregate criteria.
Tickmill scored 4.5/5 and ranks 11 in our rating; IG has 4.1/5 and ranks 38.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: IG or Tickmill?
Tickmill comes out ahead by overall rank (score 4.5/5, position 11) versus IG (score 4.1/5, position 38).
Which broker is better for beginners: IG or Tickmill?
Tickmill is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — IG or Tickmill?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with IG and Tickmill?
IG: MetaTrader 4, IG Trading Platform, L2 Dealer. Tickmill: MetaTrader 4, MetaTrader 5, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with IG and Tickmill?
IG: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Tickmill: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by IG and Tickmill?
IG: CFD, DMA. Tickmill: Classic, Raw. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by IG and Tickmill?
IG: PayPal, Bank Transfer, Credit and Debit Cards. Tickmill: Neteller, Skrill, PayPal, WebMoney, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — IG or Tickmill — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
