Written by ForexBrokers.com
In this head to head comparison of eToro vs Tickmill, 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.
eToro and Tickmill are both noteworthy players in the online trading space, each with their own regulatory credentials. Founded in 2007, eToro holds three Tier-1 licenses and one Tier-2 license, signaling a high level of trust and regulatory compliance. Its Trust Score from ForexBrokers.com stands at 93, placing it in the highly trusted bracket. Despite being a significant presence in the market, eToro is not publicly traded and does not operate as a bank.
Tickmill entered the market in 2014 and is backed by two Tier-1 licenses and two Tier-2 licenses, indicating a trusted status. It achieves a Trust Score of 86 from ForexBrokers.com, reflecting its reliable regulatory stance. Similar to eToro, Tickmill is not listed on any stock exchange and does not function as a bank. Both brokers provide a secure environment, but eToro edges out as more trusted based on these indicators.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Year Founded | 2007 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of eToro and Tickmill, traders will find distinct differences that impact their trading experience. eToro, a market-maker broker, typically offers a variable spread of 1 pip on the EUR/USD, which is slightly above the industry average. However, eToro attracts users through its unique social copy trading platform rather than its trading costs. The platform offers a VIP club, named eToro Club, featuring multiple tiers for accounts with balances between $5,000 and $250,000. Depending on the membership level, benefits include access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager, among other exclusive perks. Rated 4.5 stars for its commissions and fees, eToro ranks #22 out of 62 brokers, according to ForexBrokers.com.
On the other hand, Tickmill stands out with its commission structure suited for active traders. It provides two account types: Classic and Raw. For traders using the Classic account, trading is entirely commission-free, with costs arising only from the spread, which averages 1.76 pips as of August 2023. The recently introduced Raw account has replaced Tickmill's Pro account, offering a more competitive cost structure with low spreads. This account features an increase in the per-trade commission to $3 per side or $6 per standard lot. Despite this hike, Tickmill's all-in cost remains attractive, with a typical EUR/USD spread of 0.11 pips that totals 0.71 pips after accounting for commissions. Tickmill's Raw account is accessible for as little as $100, making it versatile for various trading styles, including algorithmic trading. Rated 5 stars, Tickmill ranks #4 out of 62 brokers for commissions and fees.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average Spread EUR/USD - Standard | 1 | 0.51 |
| All-in Cost EUR/USD - Active | N/A | 0.31 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | 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.
eToro and Tickmill both provide forex trading as either a CFD or spot contract, but they differ significantly in the overall range of investments they offer. eToro stands out with an impressive 5,461 tradeable symbols, whereas Tickmill offers 725. When it comes to forex pairs, Tickmill takes a slight edge with 63 pairs compared to eToro's 55. A key differentiator is that eToro allows clients to invest in exchange-traded securities on both U.S. and international exchanges, providing access to popular stocks like Apple and Vodafone, which Tickmill does not offer.
Moreover, eToro allows users to buy actual cryptocurrencies, in addition to cryptocurrency derivatives, while Tickmill only offers the latter option. Both platforms support copy trading, but eToro’s broader range of investment options earns it a higher rating of 5 stars for Range of Investments, compared to Tickmill's 3.5 stars. Ranked #10 out of 62 brokers by ForexBrokers.com for their range of investments, eToro clearly holds a stronger position, whereas Tickmill ranks at #42.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 725 |
| Forex Pairs (Total) | 55 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| 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 eToro and Tickmill for their trading platforms and tools, both brokers provide users with the opportunity to practice simulated trading through free virtual demo accounts. eToro stands out with its proprietary platform, offering a unique experience that caters to traders looking for innovative solutions. While it lacks a Windows-based desktop platform, eToro shines with a powerful web-based platform that satisfies users' needs for accessible trading. Both eToro and Tickmill offer copy trading, yet Tickmill has the edge with its support for the well-regarded MetaTrader 4 and MetaTrader 5 platforms, which are popular among traders for their advanced features. However, eToro compensates for the absence of MetaTrader with 161 drawing tools for charting, offering more than Tickmill's 15.
Regarding trading features, eToro has a more streamlined approach for charting and watch lists, while Tickmill provides the added ability to trade directly from stock charts, which could be appealing for more dynamic trading strategies. eToro supports six watch list columns compared to Tickmill's seven, providing a concise way to monitor market data. Overall, eToro scores higher for trading platforms and tools, receiving 4.5 out of five stars in ForexBrokers.com's ratings, holding the #8 spot out of 62 brokers. In comparison, Tickmill achieves four stars, ranking at #32, showing eToro's slight edge in this competitive industry.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 30 |
| Charting - Drawing Tools (Total) | 161 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both eToro and Tickmill offer iPhone and Android compatibility, making trading accessible on the go for all users. They both provide stock and forex price alerts and allow for the creation of watchlists with real-time quotes. However, eToro takes the lead with its ability to sync watchlist symbols with a client's online account, a feature not available with Tickmill. When it comes to charting tools, eToro offers a more comprehensive selection with 104 technical studies compared to Tickmill's 30. However, Tickmill stands out by allowing users to draw trendlines on charts and automatically save these drawings, features eToro lacks.
eToro also offers the flexibility to view charts in multiple time frames, similar to Tickmill, catering to traders who require varied perspectives. In terms of overall user ratings, eToro shines with 4.5 stars for its mobile trading experience, surpassing Tickmill's 4-star rating. When ranked among 62 brokers by ForexBrokers.com, eToro holds a strong position at #11, while Tickmill is ranked at #31. This suggests that eToro provides a slightly enhanced mobile trading experience compared to Tickmill, especially with its syncing options and range of technical studies, despite missing chart drawing features.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both eToro and Tickmill provide daily market commentary, offering traders insightful updates. However, when it comes to forex news from renowned sources such as Bloomberg and Reuters, Tickmill holds an edge over eToro, which does not offer this service. For traders seeking tools from Autochartist, neither eToro nor Tickmill includes these in their offerings. On the flip side, eToro expands its toolkit with research tools from Trading Central, unlike Tickmill. Sentiment-based trading tools are available on both platforms, enabling traders to gain a better understanding of market movements.
While eToro enhances its features with market research from TipRanks, Tickmill partners with Acuity Trading to offer tools like Signal Centre to its users. Both platforms provide economic calendars to keep traders informed of global events. Overall, eToro earns a slight advantage with a 4.5-star rating in research, placing it at #13 among 62 brokers according to ForexBrokers.com, compared to Tickmill's 4-star rating and rank of #21. This makes eToro a slightly more popular choice among researchers seeking comprehensive market insights.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both eToro and Tickmill shine as online brokers offering comprehensive learning tools for forex and CFDs. Each platform provides a minimum of 10 educational pieces, including articles, videos, and archived webinars dedicated to forex or CFDs. They both host monthly educational webinars, ensuring continuous learning opportunities for their users. Additionally, each broker maintains a searchable archive of past webinars, making it easy for beginners to revisit important topics at their convenience.
For those starting out, eToro and Tickmill both offer a rich array of beginner-focused videos, with at least 10 videos each covering essential trading topics from scratch. Advanced traders aren't left behind either, as both platforms provide an advanced set of educational videos as well. To enhance financial literacy, they both include an investor dictionary with over 50 investing terms. In terms of ratings, eToro edges out with a 4.5-star rating compared to Tickmill's 4-star rating, and is ranked 5th overall in the education category by ForexBrokers.com, against Tickmill’s 15th. This slight advantage in ranking and rating highlights eToro’s edge in educational offerings.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that eToro is better than Tickmill. eToro finished with an overall rank of #9, while Tickmill finished with an overall rank of #22.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Tickmill
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 86 |
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eToro allows users to buy both actual delivered cryptocurrencies and cryptocurrency derivatives, whereas Tickmill offers the ability to purchase cryptocurrency derivatives only.
Comparing online brokers, eToro provides a wider range of deposit and withdrawal options, including ACH and SEPA transfers, alongside PayPal, Skrill, Visa, Mastercard, and bank wires, while Tickmill supports PayPal, Skrill, Visa, Mastercard, and bank wires, but lacks ACH and SEPA transfer options.
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.
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0 of 5| Overall Rating | eToro | Tickmill | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | eToro Review | Tickmill Review |
| Broker Screenshots | eToro | Tickmill | |
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| Regulation | eToro | Tickmill | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| Year Founded | 2007 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | Tickmill | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| 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 | Yes |
| Tier-2 Licenses (Trusted) | eToro | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | eToro | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 725 | |
| Forex Pairs (Total) | 55 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| 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 | eToro | Tickmill | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 0.51 | |
| All-in Cost EUR/USD - Active | N/A | 0.31 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Tickmill | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $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 | Yes | No |
| Trading Platforms | eToro | Tickmill | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 104 | 30 | |
| Charting - Drawing Tools (Total) | 161 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Tickmill | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | Tickmill | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Tickmill | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | eToro | Tickmill | |
|---|---|---|---|
| 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 | eToro Review | Tickmill Review |
| Overall | eToro | Tickmill | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | eToro Review | Tickmill Review |
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