Written by ForexBrokers.com
In this head to head comparison of Tickmill vs DooPrime, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Tickmill and DooPrime are both online brokers established in 2014, neither being publicly traded or banking institutions. When it comes to regulation, Tickmill holds 2 Tier-1 licenses and 2 Tier-2 licenses, making it a broker with a strong regulatory standing according to ForexBrokers.com. In contrast, DooPrime possesses 4 Tier-1 licenses, reflecting its focus on higher-level regulatory certification, although it does not hold any Tier-2 licenses. This regulatory structure provides potential clients with an insight into the oversight each broker is subject to, influencing their perceived trustworthiness.
In terms of trust scores, Tickmill has achieved a rating of 86 out of 99, categorizing it as a trusted broker. Meanwhile, DooPrime also falls within the trusted range with a trust score of 83. These scores reflect both companies' adherence to regulatory standards and their commitment to providing a secure trading environment. When choosing an online broker, understanding these ratings and the regulatory licenses each holds can be beneficial for potential clients looking for trusted and reliable trading platforms.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Year Founded | 2014 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When comparing commissions and fees between Tickmill and DooPrime, Tickmill stands out for its competitive pricing structure. Tickmill offers two primary account types: the Classic and Raw accounts. The Classic account is commission-free, but traders pay higher bid/ask spreads, averaging 1.76 pips as of August 2023. In contrast, the Raw account, which replaced the Pro account, features a commission of $3 per side or $6 per standard lot, with typical spreads of 0.11 pips for the EUR/USD pair. Despite the slight increase in commission, the all-in cost remains competitive at 0.71 pips. Tickmill's Raw account also has a low entry barrier with a $100 minimum deposit, making it a cost-effective option for most active traders.
On the other hand, DooPrime's commissions and fees lack transparency, as there is no average spread data available for comparison. This makes it challenging for traders to forecast the exact cost of trading with DooPrime. Given this lack of data, potential investors may find it difficult to assess the overall affordability and suitability of DooPrime's offerings.
In terms of ratings, Tickmill is recognized for its cost-efficiency, earning a 5-star rating for commissions and fees and securing the 4th position out of 62 brokers according to ForexBrokers.com. Meanwhile, DooPrime is rated lower, with a 3-star rating and ranked 58th in the same category. This stark contrast suggests that Tickmill may provide a more appealing option for traders who prioritize low trading costs and transparent pricing structures.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.51 | N/A |
| All-in Cost EUR/USD - Active | 0.31 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Tickmill and DooPrime both offer forex trading through CFDs or spot contracts, with Tickmill providing 63 forex pairs compared to DooPrime's 60. However, when considering the overall range of tradeable symbols, DooPrime leads with an impressive 10,000 options, while Tickmill offers a total of 725. One notable difference is that DooPrime allows clients to invest in exchange-traded securities on both U.S. and international exchanges, an option not available with Tickmill.
When it comes to cryptocurrency, Tickmill provides the ability to trade derivatives, while DooPrime does not offer cryptocurrency derivatives or actual cryptocurrencies. Both platforms support copy trading, adding versatility to their offerings. In terms of ratings, Tickmill scores 3.5 stars out of five for its range of investments and is ranked 42nd out of 62 brokers by ForexBrokers.com. In comparison, DooPrime shines with a 5-star rating and a 12th-place ranking, making it a compelling choice for investors seeking a broader array of investment options.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 10000 |
| Forex Pairs (Total) | 63 | 60 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | No |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by Tickmill and DooPrime, both brokers provide a similar experience in several aspects, appealing to many traders. Both offer the opportunity to practice trading risk-free with virtual demo accounts and are equipped with popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are available both as desktop downloads for Windows and as web-based platforms. However, a key distinction is that DooPrime provides a proprietary platform developed in-house, potentially offering unique features not found in the standard MT4 or MT5 platforms.
In terms of trading features, both Tickmill and DooPrime facilitate copy trading, which allows traders to mimic the trading strategies of others, a useful feature for both beginners and experienced traders. Charting tools are well-represented, with each broker offering 15 drawing tools and the capability to trade directly from stock charts. When it comes to organizing market insights, both brokers offer watch lists with seven columns for customized tracking. Despite their similarities in star ratings—both receiving four out of five for their trading platforms and tools—DooPrime holds a slightly higher rank at #25 compared to Tickmill's #32 according to ForexBrokers.com. This slight edge may appeal to traders looking for a more highly ranked platform functionality.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Tickmill and DooPrime cater to mobile traders with their iPhone and Android apps, providing a seamless experience across devices. These apps are equipped with essential features such as price alerts for stocks and forex, and the ability to draw trendlines and view different time frames on charts. However, both brokers fall short in terms of watchlist symbol syncing, meaning updates made on mobile are not reflected on their online platforms.
When it comes to technical charting, both Tickmill and DooPrime offer 30 technical studies and allow users to save their drawings automatically, enhancing trading decisions on the go. Despite both brokers receiving a solid four-star rating for their mobile trading apps, DooPrime edges out Tickmill in rankings, being positioned at #24 compared to Tickmill's #31, according to ForexBrokers.com. Nonetheless, each provides a reliable platform for those looking to manage trades conveniently from their mobile devices.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Tickmill and DooPrime provide daily market commentary and offer forex news from leading sources like Bloomberg and Reuters, making them strong choices for staying updated with market movements. However, the two platforms differ in their available research tools. Tickmill stands out with its sentiment-based trading tool, which reveals the ratio of long or short positions across currency pairs. Additionally, Tickmill offers research tools from Acuity Trading such as Signal Centre. In contrast, DooPrime does not include these features but compensates by incorporating technical analysis tools from Trading Central, offering a unique blend of research assistance for traders.
Both brokers provide an economic calendar, ensuring traders are aware of global news events that could impact trading strategies. Tickmill's research capabilities earn it a four-star rating and an impressive 21st ranking out of 62 brokers by ForexBrokers.com. DooPrime also boasts a four-star rating for its research offerings. However, it is ranked slightly lower at 29th place. This comparison makes it clear that while both platforms offer valuable resources, each caters differently to the needs of their users, depending on the specific research tools and features traders are looking for.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners in the world of trading, Tickmill and DooPrime both offer a solid foundation of learning materials. Each platform provides over ten educational pieces, such as articles, videos, and archived webinars, centered around forex and CFDs. Additionally, they cater to beginners with extensive video content aimed at explaining trading concepts in an easy-to-understand manner. However, Tickmill distinguishes itself by offering monthly live webinars that are not only educational but also archived for future reference. In contrast, DooPrime lacks monthly webinars, which may limit ongoing interactive learning opportunities.
Tickmill goes a step further by providing an investor dictionary containing definitions of over 50 investing terms, a feature unavailable with DooPrime. While both platforms are rated four stars for their educational offerings, and Tickmill ranks higher at #15 compared to DooPrime's #24 according to ForexBrokers.com's Education category ranking. Beginners looking for comprehensive and versatile trading education might find Tickmill’s enhanced resources and superior ranking more appealing for a well-rounded learning experience.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Tickmill is better than DooPrime. Tickmill finished with an overall rank of #22, while DooPrime finished with an overall rank of #28.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
DooPrime
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 86 | 83 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
When comparing online brokers Tickmill and DooPrime, Tickmill stands out by offering the ability to buy cryptocurrency derivatives, whereas DooPrime does not provide this option, and neither platform supports the purchase of actual (delivered) cryptocurrencies.
Both Tickmill and DooPrime provide similar funding options, supporting PayPal, Skrill, Visa, Mastercard, and bank wire transfers, but neither offers ACH or SEPA transfers for depositing or withdrawing account funds.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Tickmill | DooPrime | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 83 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | DooPrime | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | Tickmill | DooPrime | |
|---|---|---|---|
| Trust Score | 86 | 83 | |
| Year Founded | 2014 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | DooPrime | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Tickmill | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Tickmill | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 10000 | |
| Forex Pairs (Total) | 63 | 60 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | No | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Tickmill | DooPrime | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | N/A | |
| All-in Cost EUR/USD - Active | 0.31 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Tickmill | DooPrime | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Tickmill | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | DooPrime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Tickmill | DooPrime | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | DooPrime | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Tickmill | DooPrime | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Tickmill Review |
| Overall | Tickmill | DooPrime | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 83 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill