Plus500 vs Tickmill Comparison
Compare trading conditions, commissions and platforms of Forex brokers Plus500 and Tickmill. Find out which broker is best for you.
- Rating
- Rank
- #3
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
- Rating
- Rank
- #13
Trading CFDs carries high risks. You may lose all invested funds
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 - Plus500 or Tickmill?
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.
Plus500
- Different platforms
- WebTrader
- Different markets
- None listed
Tickmill
- Different platforms
- MetaTrader 4
- MetaTrader 5
- TradingView
- Different markets
- Bonds
- Cryptocurrency
Comparison Table of Plus500 and Tickmill
Swipe the table left or right to view all data.
| Broker | Plus500 | Tickmill |
|---|---|---|
| Foundation Year | 2008 | 2014 |
| Regulated in Countries | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States | United Kingdom, Cyprus, South Africa, Seychelles |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Plus500 Review | Tickmill Review |
Plus500 Review
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Intuitive CFD trading platform.
- 24/7 support.
- Built-in analytics.
- Diversity of trading assets.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
Plus500 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
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| Broker | Plus500 | Tickmill |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2008 | 2014 |
| Regulated in Countries | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States | United Kingdom, Cyprus, South Africa, Seychelles |
| Regulators |
Plus500
Plus500 is registered and regulated in several jurisdictions by authoritative bodies. This means that the broker is required to adhere to strict financial standards and provide regular reports on its activities to regulators.
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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| Broker | Plus500 | Tickmill |
|---|---|---|
| Account Opening | 5/5 | 4.3/5 |
| Minimum Deposit |
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|
Plus500
Opening an account with Plus500 is straightforward due to its fast registration and low minimum deposit. Beginners should use the demo account and Trading Academy to learn before real trading.
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
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| Broker | Plus500 | Tickmill |
|---|---|---|
| Account Types | 2/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Plus500
The lack of account diversity and market execution of orders at Plus500 significantly limits flexibility and opportunities for traders of various categories.
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
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| Broker | Plus500 | Tickmill |
|---|---|---|
| Commissions | 3.5/5 | 3.5/5 |
| Spread | from 0.6 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | 1.6 |
| Commission | No data | per 1 lot$3.00 |
Plus500
Plus500 offers clients market average trading commissions.
Pros
- No commission for deposit or withdrawal.
Cons
- Inactivity account 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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| Broker | Plus500 | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Plus500
Plus500 offers convenient and diverse methods for depositing and withdrawing funds, but processing requests may take up to 3 business days.
Pros
- Wide selection of payment systems.
- No commission for depositing and withdrawing.
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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| Broker | Plus500 | Tickmill |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 65 | 62 |
| Precious Metals | 5 | 4 |
| Energy Carriers | 7 | 2 |
| Soft Commodities | 10 | 2 |
| Indices | 36 | 23 |
| Stocks | 1550 | 489 |
| ETF | 96 | 23 |
| Bonds | - | 4 |
| Cryptocurrency | - | 9 |
Plus500
Plus500 offers a deep diversity of products and markets, including CFDs on currencies, indices, commodities, stocks, and ETFs from various countries worldwide.
Tickmill
Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.
Trading Platforms
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| Broker | Plus500 | Tickmill |
|---|---|---|
| Rating | 4.2/5 | 5/5 |
| Trading Platforms |
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Plus500
Plus500 offers an efficient, user-friendly platform, however, there is no choice between platforms.
Pros
- Proprietary platform
- Available on mobile devices.
Cons
- No choice between platforms.
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
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| Broker | Plus500 | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
Plus500
Plus500 offers good analytical tools and useful services.
Pros
- Insights+
- ESG scoring
- Convenient risk management tools
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
Swipe the table left or right to view all data.
| Broker | Plus500 | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
Plus500
Plus500 offers its users quality training through webinars, interactive materials and e-books. This allows traders to gain comprehensive knowledge for a successful start and effective trading.
Pros
- Quality and detailed video lessons
- Free webinars from independent experts
- Interactive guides and e-books
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
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| Broker | Plus500 | Tickmill |
|---|---|---|
| Rating | 3.7/5 | 4/5 |
| Email Support | ||
| Hotline Phones | — | |
| Social Media |
Plus500
The Plus500 customer support is limited and not ideal, although it provides support in multiple languages 24/7.
Pros
- Support in many languages.
- Operates around the clock.
Cons
- Lack of direct communication channels (e.g., telephone).
- Potential delays in responses due to limited communication channels.
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 Plus500 and Tickmill with other brokers
Conclusion
When choosing between Plus500 and Tickmill, 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: Plus500 or Tickmill?
Plus500 ranks higher than Tickmill 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: Plus500 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) — Plus500 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 Plus500 and Tickmill?
Plus500: WebTrader. Tickmill: MetaTrader 4, MetaTrader 5, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with Plus500 and Tickmill?
Plus500: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF. 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 Plus500 and Tickmill?
Plus500: Plus500. Tickmill: Classic, Raw. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Plus500 and Tickmill?
Plus500: PayPal, Skrill, Bank Transfer, Visa, Mastercard. Tickmill: Neteller, Skrill, PayPal, WebMoney, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Plus500 or Tickmill — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
