Orbex vs Tickmill Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Orbex and Tickmill
| Broker | Orbex | Tickmill |
|---|---|---|
| Rating | 3.6/5 | 4.5/5 |
| Foundation Year | 2009 | 2013 |
| Regulated in Countries | Mauritius, Seychelles, Saint Vincent and the Grenadines | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Orbex Review | Tickmill Review |
Broker Orbex is suitable for novice traders due to educational materials and for experienced investors seeking a variety of markets.
Tickmill is suitable for beginners due to accessible educational materials and for experienced traders who value low trading commissions and stable platforms.
Orbex Review
Broker Orbex offers various trading instruments, account types, and extensive analytical and educational materials. These factors make it an attractive choice for novice traders seeking educational resources and experienced investors who require access to various markets.
Orbex can be a good choice for those looking for diversity in trading opportunities and value educational resources.
Pros and Cons of Orbex
Pros
- Extensive educational materials.
- Analytical reviews and forecasts from experienced analysts.
- Availability of PAMM accounts.
- A wide range of trading assets.
Cons
- Lack of stringent regulation.
- Above-average commissions.
- Mixed reviews about customer support.
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 | Orbex | Tickmill |
|---|---|---|
| Reliability | 3/5 | 5/5 |
| Foundation Year | 2009 | 2013 |
| Regulated in Countries | Mauritius, Seychelles, Saint Vincent and the Grenadines | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
| Regulators | FSC FSC SFSA SFSA SVGFSA SVGFSA | FCA FCA CySEC CySEC FSCA FSCA SFSA SFSA - LFSA LFSA |
Orbex
Orbex is regulated by the FSA and FSC, but the absence of oversight by strict regulators may raise trust issues.
Pros
- Presence in the international market.
Cons
- Lack of oversight by strict Forex broker regulators.
Tickmill
Tickmill's reliability is confirmed by its regulation by leading international organizations and licensing by the relevant governmental bodies.
Account Opening
| Broker | Orbex | Tickmill |
|---|---|---|
| Account Opening | 4.5/5 | 4.3/5 |
| Minimum Deposit |
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Orbex
Opening an account with Orbex is simple and structured, but requires attention to detail.
Pros
- Easy online registration process.
- Fast verification if documents are in English.
Cons
- Requirement for detailed profile completion.
- Necessity to upload several documents.
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 | Orbex | Tickmill |
|---|---|---|
| Account Types | 3.8/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Orbex
Orbex offers a variety of accounts that satisfy most traders.
Pros
- Wide selection of accounts for different levels of experience.
- Additional options such as VPS and PAMM accounts.
- Opportunity to trade without swaps.
Cons
- Absence of cent accounts.
- No accounts with fixed spreads.
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 | Orbex | Tickmill |
|---|---|---|
| Commissions | 1.5/5 | 3.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.5 | 1.6 |
| Commission per Lot | $4 | $3 |
Orbex
Orbex's commissions are higher than the market average.
Pros
- No commissions for depositing or withdrawing funds.
Cons
- High transaction commission on Premium accounts.
- Above-average swap costs.
- Inactivity 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 | Orbex | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Orbex
Orbex offers convenient and fast methods for depositing and withdrawing without commissions.
Pros
- Wide selection of methods.
- No commissions.
- Fast processing of most operations.
Tickmill
Tickmill provides a wide choice of deposit and withdrawal methods without charging fees, ensuring high-speed processing of transactions.
Markets and Products
| Broker | Orbex | Tickmill |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 36 | 62 |
| Precious Metals | 4 | 4 |
| Energy Carriers | 1 | 2 |
| Soft Commodities | 3 | 2 |
| Indices | 5 | 23 |
| Stocks | 146 | 489 |
| Cryptocurrency | 11 | 9 |
| ETF | - | 23 |
| Bonds | - | 4 |
Orbex
Orbex offers a variety of markets and products with flexible leverage.
Tickmill
Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.
Trading Platforms
| Broker | Orbex | Tickmill |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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Orbex
Orbex offers MT4 and MT5, providing good functionality and accessibility.
Pros
- Availability of MT4 and MT5.
- Accessibility on different devices.
- Wide range of functionalities.
Cons
- Lack of WebTrader versions.
- No alternative to MetaTrader.
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 | Orbex | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
Orbex
Orbex offers high-quality analytics with extensive tools and expert reports.
Pros
- Comprehensive market analysis.
- Use of AI and algorithms.
- Live streams and expert reports.
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 | Orbex | Tickmill |
|---|---|---|
| Rating | 4/5 | 5/5 |
Orbex
Orbex offers a variety of educational materials, including webinars and books.
Pros
- Webinars and seminars in different languages.
- Free e-books.
- Video tutorials on working with MT4.
Cons
- No personalized training.
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 | Orbex | Tickmill |
|---|---|---|
| Rating | 3/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
LinkedIn
YouTube
Instagram
TikTok
Pinterest
Telegram
Google News
VKOrbex
Orbex's customer support has mixed reviews.
Pros
- 24/7 operation.
- A variety of communication channels.
- Quick response in some cases.
Cons
- Variable quality of service.
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.
