Broker comparison

IG vs Tickmill Comparison

Compare trading conditions, commissions and platforms of Forex brokers IG and Tickmill. Find out which broker is best for you.

VS summaryScores and ranking at a glance
IG
Rating
4.1/5
Rank
#38
Register

68-72% of retail investors lose money when trading CFDs with this broker

TickmillHigher ranked
Rating
4.5/5
Rank
#13
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Tickmill ranks higher in the editorial ranking.
IG
Rating: 4.1/5Rank: #38
Tickmill
Rating: 4.5/5Rank: #13

IG

Minimum deposit · USD
1 USD
Different platforms
  • IG Trading Platform
  • L2 Dealer

Tickmill

Minimum deposit · USD
100 USD
Different platforms
  • MetaTrader 5
  • TradingView

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of IG and Tickmill

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Overview: comparison of IG, Tickmill
BrokerIGTickmill
Foundation Year19742014
Regulated in CountriesUnited Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab EmiratesUnited Kingdom, Cyprus, South Africa, Seychelles
Minimum Deposit
  • 1 AUD
  • 1 CHF
  • 1 EUR
  • 1 GBP
  • 1 HKD
  • 1 JPY
  • 1 NOK
  • 1 NZD
  • 1 SEK
  • 1 SGD
  • 1 USD
  • 100 EUR
  • 100 GBP
  • 100 USD
  • 1800 ZAR
Spreadfrom 0.165 pointsfrom 0 points
Max Leverage1:2001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
ReviewIG ReviewTickmill Review

IG Review

IG Logo
Register68-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4IG Trading PlatformL2 Dealer

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

  1. Licenses from regulators with a high level of credibility.
  2. Tight spreads.
  3. A variety of markets and products.
  4. Extensive set of analytical tools and content.
  5. Quality educational resources for different levels of traders.

Cons

  1. Limited choice of trading accounts.
  2. High trading fee on DMA account.
  3. Inactivity fee.
  4. Limited choice of payment methods.

IG is in the top 10 of the following ratings:

Tickmill Review

Tickmill Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TradingView

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

  1. Low trading fees.
  2. Variety of trading platforms.
  3. Extensive library of educational materials and analytical tools.

Cons

  1. Not enough different types of trading accounts.

Tickmill is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of IG, Tickmill
BrokerIGTickmill
Reliability
5/5
5/5
Foundation Year19742014
Regulated in CountriesUnited Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab EmiratesUnited 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

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Account Opening: comparison of IG, Tickmill
BrokerIGTickmill
Account Opening
4/5
4.3/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 AUD
  • 1 NZD
  • 1 JPY
  • 1 NOK
  • 1 SEK
  • 1 SGD
  • 1 HKD
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 1800 ZAR

IG

The account opening process is simple, fast, and convenient for traders of any experience level.

Pros

  1. No minimum deposit required.
  2. Quick registration process (5-10 minutes).

Cons

  1. Necessity to provide extensive personal and financial information.
  2. Verification may take a couple of days.
  3. 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

  1. Ease of understanding the process.
  2. Detailed instructions at each step.

Cons

  1. The verification process can take up to 24 business hours.
  2. The minimum deposit of $100 may be high for beginners.

Account Types

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Account Types: comparison of IG, Tickmill
BrokerIGTickmill
Account Types
2.5/5
4/5
Trading Accounts
  • CFD
  • DMA
  • Classic
  • Raw
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 AUD
  • 1 NZD
  • 1 JPY
  • 1 NOK
  • 1 SEK
  • 1 SGD
  • 1 HKD
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 1800 ZAR
Spreadfrom 0.165 pointsfrom 0 points
Max Leverage1:2001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
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

  1. Availability of DMA account for professional traders.
  2. Premium service offered for high-value clients.
  3. Free demo account for practice and training.

Cons

  1. Absence of Islamic and investment accounts.
  2. 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

  1. The presence of an Islamic account that adheres to Sharia principles.
  2. Availability of a free demo account.
  3. The ability to copy trades of successful traders.

Cons

  1. Lack of cent accounts.
  2. Fixed spread accounts are not offered.

Commissions

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Commissions: comparison of IG, Tickmill
BrokerIGTickmill
Commissions
3/5
3.5/5
Spreadfrom 0.165 pointsfrom 0 points
Average Spread (EURUSD)1.11.6
Commissionper $1M turnover$60.00per 1 lot$3.00

IG

IG provides an average level of commissions, with low spreads but high transaction fees on DMA accounts.

Pros

  1. Low spreads.
  2. No fees for deposits/withdrawals.

Cons

  1. High transaction fee on DMA account.
  2. Inactivity fee.
  3. 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

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Deposit and Withdrawal: comparison of IG, Tickmill
BrokerIGTickmill
Rating
3.7/5
5/5
Account Funding Methods
  • PayPal
  • Bank Transfer
  • Credit and Debit Cards
  • Neteller
  • Skrill
  • PayPal
  • WebMoney
  • Bank Transfer
  • Visa
  • Mastercard

IG

Broker IG offers an average level of services for deposits/withdrawals, not charging a fee, but has limitations on available methods.

Pros

  1. No commission for funding and withdrawal.
  2. PayPal available as a deposit/withdrawal option.
  3. Transparent information about limits.

Cons

  1. Absence of cryptocurrencies and most electronic wallets.
  2. Withdrawal processing time can take up to 5 business days.
  3. 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

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Markets and Products: comparison of IG, Tickmill
BrokerIGTickmill
Markets and Products
5/5
5/5
Forex9962
Precious Metals114
Energy Carriers92
Soft Commodities202
Indices4623
Stocks13000489
ETF540023
Bonds194
Cryptocurrency159

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

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Trading Platforms: comparison of IG, Tickmill
BrokerIGTickmill
Rating
5/5
5/5
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 4
  • MetaTrader 5
  • TradingView

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

  1. Reliable and functional MetaTrader 4 and 5 platforms and integration with TradingView.
  2. Mobile app for trading on the go.
  3. An interesting solution for automatic trade copying with Pelican Trading.

Analytics

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Analytics: comparison of IG, Tickmill
BrokerIGTickmill
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

  1. Daily fundamental and technical analytical reviews.
  2. Useful analysis tools such as Autochartist and Signal Centre.
  3. Market sentiment information and handy Forex calculators.

Education

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Education: comparison of IG, Tickmill
BrokerIGTickmill
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

  1. A wide variety of learning formats to suit different trader preferences.
  2. Periodic webinars and seminars with experts for in-depth understanding of trading.
  3. Regularly updated analytical and educational materials in the blog.

Customer Support

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IG

IG provides fast and professional support.

Tickmill

Tickmill's technical support is high quality, available through various channels, and provides timely responses.

Pros

  1. Email inquiries responded to within 24 hours.
  2. Professionalism and competence of staff.

Cons

  1. Support is not available 24/7.
  2. Can only call an international phone number.
  3. Messengers are not among the communication channels.

Comparisons of IG and Tickmill with other brokers

Conclusion

When choosing between Tickmill and IG, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: IG or Tickmill?

Tickmill ranks higher than IG in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: IG or Tickmill?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

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.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.