Written by ForexBrokers.com
In this head to head comparison of Tickmill vs GBE brokers, 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, established in 2014, and GBE brokers, which began in 2013, are both privately held companies and not listed on any stock exchange. Neither of these firms operates as a bank. Tickmill impressively holds 2 Tier-1 licenses, considered highly reliable by ForexBrokers.com, and a further 2 Tier-2 licenses, marking it as a trusted entity. In contrast, GBE brokers hold 1 Tier-1 license and no Tier-2 licenses.
In terms of trustworthiness, Tickmill boasts a ForexBrokers.com Trust Score of 86 out of 99, placing it in the trusted category. GBE brokers, however, have a score of 71, which is considered an average risk. This suggests Tickmill may offer a somewhat more secure trust profile compared to GBE brokers for individuals seeking online brokerage services.
| Feature |
Tickmill
|
GBE brokers
|
|---|---|---|
| Year Founded | 2014 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing online brokers Tickmill and GBE brokers, it's clear that each has its unique approach to commissions and fees. Tickmill, featuring two account types—Classic and Raw—has maintained its appeal with competitive pricing structures. The Raw account charges a $3 commission per side, or $6 per standard lot, with average spreads typically at 0.11 pips for EUR/USD in October 2023. Despite the recent commission hike, Tickmill's all-in costs, including the spread and commission, position it as a top choice for active traders, earning a 5-star rating for its pricing strategy and securing the #4 spot out of 62 brokers in this category.
On the other hand, GBE brokers receive a 4-star rating for commissions and fees, ranking #36 out of 62 brokers. Specific average spread data is not provided, making a direct comparison with Tickmill slightly more challenging. However, the lower ranking suggests that GBE brokers might not offer the same level of competitiveness in fee structures as Tickmill, especially for those traders who prioritize lower overall trading costs.
Overall, while both brokers offer unique features, Tickmill emerges as the more cost-effective option due to its clear and attractive pricing model. The introduction of the Raw account caters excellently to traders seeking low barriers to entry and cost-effectiveness, even with the recent rise in commission fees, reinforcing its status as a leading broker for commissions and fees.
| Feature |
Tickmill
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $100 | $500 |
| 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 | Yes |
| 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 GBE Brokers both offer extensive opportunities for forex trading, providing CFDs and spot contracts to their users. When it comes to tradeable symbols, Tickmill has an edge with 725 available symbols compared to GBE's 500. However, GBE Brokers offers a slightly broader selection of forex pairs, totaling 71 pairs compared to Tickmill's 63. A point of similarity is that neither of these platforms offers exchange-traded securities on U.S. or international exchanges, such as shares in companies like Apple or Vodafone.
Both Tickmill and GBE Brokers cater to traders interested in cryptocurrency derivatives, although they do not facilitate the purchase of actual cryptocurrencies. For those interested in automated trading, both brokers provide copy trading services. They each receive a 3.5-star rating for their range of investments but differ slightly in rankings; Tickmill is placed at #42 while GBE Brokers is ranked #44 by ForexBrokers.com out of 62 brokers. This makes both a viable choice, with subtle variations in offerings that could influence individual trading preferences.
| Feature |
Tickmill
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 500 |
| Forex Pairs (Total) | 63 | 71 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | 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.
Tickmill and GBE Brokers both provide traders with a range of tools and platforms designed to enhance their trading experience. Both brokers offer MetaTrader 4 and 5, along with Windows-based desktop and web-based trading platforms, ensuring versatility and accessibility for their clientele. They support paper trading through free demo accounts, allowing users to practice without financial risk. While neither broker has developed a unique, proprietary platform of their own, they both facilitate copy trading. However, neither Tickmill nor GBE Brokers offers integration with DupliTrade or ZuluTrade.
In terms of charting features, both Tickmill and GBE Brokers provide 15 drawing tools, and users can execute trades directly from stock charts. Moreover, each brand offers seven columns for watch lists customization. Despite these similarities, Tickmill is slightly ahead in industry rankings for trading platforms and tools, holding a spot at #32 out of 62 brokers according to ForexBrokers.com, while GBE Brokers is ranked at #57. Both brokers receive an equal rating of 4 stars in this category, indicating reliable and comprehensive offerings for their clients.
| Feature |
Tickmill
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| 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 GBE Brokers provide solid options for traders looking to manage their investments via mobile apps, available for both iPhone and Android devices. Each brokerage offers price alerts and the ability to create watchlists with real-time quotes. Additionally, both Tickmill and GBE Brokers support comprehensive charting features with 30 technical studies available, as well as the ability to draw trendlines and view multiple time frames on charts. Furthermore, any drawings made on charts are automatically saved, allowing for continuity no matter when or where you access your account.
However, neither Tickmill nor GBE Brokers offer watchlist symbol syncing, which means changes to watchlists on mobile apps won't reflect in your online account, and vice versa. In terms of overall mobile trading app performance, Tickmill and GBE Brokers receive the same star rating of 4 out of 5. Yet, according to ForexBrokers.com's ranking of 62 brokers, Tickmill stands at #31 while GBE Brokers is placed at #57. This difference may be a key consideration for those prioritizing user rankings in selecting their mobile trading platform.
| Feature |
Tickmill
|
GBE brokers
|
|---|---|---|
| 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.
When it comes to market research, both Tickmill and GBE Brokers provide daily market commentary, helping traders stay informed with the latest market insights. However, Tickmill takes a step further by offering forex news from top-tier sources like Bloomberg and Reuters, a feature GBE Brokers does not provide. Both brokers lack tools from Autochartist and Trading Central, but they offer sentiment-based trading tools that show the ratio of long to short positions across currency pairs. While neither broker includes TipRanks' market research, Tickmill does provide research tools from Acuity Trading, such as Signal Centre, which GBE Brokers does not offer.
In terms of economic data, both Tickmill and GBE Brokers have calendars that display current and upcoming global news events, essential for any trader tracking economic indicators. Despite their similarities in some areas, Tickmill earns a four-star rating for research, whereas GBE Brokers only garners three stars. This difference is reflected in their rankings by ForexBrokers.com, where Tickmill holds the 21st position out of 62 brokers, significantly outperforming GBE Brokers, which is ranked 61st. Traders looking for comprehensive market research may find Tickmill's offerings more appealing given the breadth of resources available.
| Feature |
Tickmill
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| 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 venturing into forex or CFDs trading, Tickmill stands out compared to GBE brokers. Tickmill provides a comprehensive range of materials tailored to both new and seasoned traders. They offer more than ten educational pieces that include articles, videos, and archived webinars focusing on forex or CFDs. Additionally, Tickmill ensures ongoing support with at least one live educational webinar each month, accompanied by an accessible archive of previous webinars for further learning. The broker also caters to diverse learning needs with a collection of beginner and advanced educational videos and provides an investor dictionary with over 50 essential trading terms. This extensive educational framework earns Tickmill a commendable 4-star rating for education and places them as the 15th-ranked broker in this category by ForexBrokers.com.
In contrast, GBE brokers face limitations in their educational offerings. They do not provide the minimum ten educational pieces nor do they host monthly webinars or maintain an archive of past sessions. This lack of available resources is also seen in the absence of both beginner and advanced trading videos, as well as their failure to offer an extensive investor dictionary. Consequently, GBE brokers receive a modest 3-star rating for education and are ranked last, at 62nd place, in ForexBrokers.com's education category. This stark comparison highlights Tickmill's dedication to trader education, making them a more appealing option for beginners seeking comprehensive educational resources.
| Feature |
Tickmill
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| 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 GBE brokers. Tickmill finished with an overall rank of #22, while GBE brokers finished with an overall rank of #56.
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
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GBE brokers
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| Trust Score | 86 | 71 |
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When comparing Tickmill and GBE Brokers, neither platform offers the option to buy actual delivered cryptocurrency, but both provide the ability to purchase cryptocurrency derivatives.
Both Tickmill and GBE brokers provide multiple options for depositing or withdrawing funds such as PayPal, Skrill, Visa or Mastercard, and bank transfers, but only GBE brokers includes ACH or SEPA transfers as an option.
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 | Tickmill | GBE brokers | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | GBE brokers | |
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| Regulation | Tickmill | GBE brokers | |
|---|---|---|---|
| Trust Score | 86 | 71 | |
| Year Founded | 2014 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | GBE brokers | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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 | No | |
| 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) | Tickmill | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 500 | |
| Forex Pairs (Total) | 63 | 71 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | 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 | Tickmill | GBE brokers | |
|---|---|---|---|
| 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 | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| 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 | Yes |
| Trading Platforms | Tickmill | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Tickmill | GBE brokers | |
|---|---|---|---|
| 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 |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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