Written by ForexBrokers.com
In this head to head comparison of Plus500 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.
Plus500, founded in 2008, stands out as one of the top choices for online trading, particularly when considering safety and reliability. This broker is publicly traded, which adds to its transparency and accountability. Holding 6 Tier-1 licenses and 3 Tier-2 licenses, Plus500 enjoys the highest Trust Score of 99 out of 99 from ForexBrokers.com, indicating it is highly trusted. Despite not being a bank, its broad regulatory coverage and stock market presence make it a secure option for traders from a risk perspective.
Tickmill, established in 2014, offers a strong reputation in the trading arena, although it isn't publicly listed. Despite having just 2 Tier-1 licenses and 2 Tier-2 licenses, it still holds a reputable Trust Score of 86, marking it as a trusted broker. While Tickmill doesn’t reach the regulatory breadth of Plus500, its competitive Trust Score highlights it as a reliable choice for forex traders. Both brokers have a solid foundation, though Plus500 takes the lead with more rigorous licensing and higher overall trust.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Year Founded | 2008 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 3 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing commissions and fees between Plus500 and Tickmill, Plus500 positions itself slightly above the industry average, trailing behind leading forex brokers in terms of pricing for active traders. While they do not offer discounts for retail clients, Plus500 provides cash rebates for clients who qualify as Professional. The spreads for EUR/USD averaged 1.5 pips in April 2024, which is higher than industry norms. For commissions and fees, Plus500 is rated 4.0 out of 5 stars and is ranked #25 out of 62 brokers by ForexBrokers.com.
On the other hand, Tickmill offers two types of accounts with its Raw account providing a more competitive edge. Replacing the previous Pro account, the Raw account features a commission structure of $3 per side, maintaining Tickmill's attractive standing among active traders. Despite a commission increase, the low average spreads and effective all-in costs make it a strong choice. The Raw account exhibits a typical EUR/USD spread of 0.11 pips, which amounts to an all-in cost of 0.71 pips when including the recent commission adjustments. Tickmill has been ranked an impressive #4 out of 62 brokers by ForexBrokers.com for commissions and fees and boasts a 5-star rating.
Tickmill's Classic account offers a commission-free trading experience, with traders only incurring costs related to the bid/ask spread. However, the Classic account’s average spread is higher at 1.76 pips. Conversely, the Raw account, with its low-cost spreads, efficient commissions, and a minimum entry of only $100, provides a favorable environment for both regular and algorithmic trading. Both brokers cater to diverse trading needs, but Tickmill's fee model and competitive spreads make it particularly attractive to active traders.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Minimum Deposit | €100 | $100 |
| Average Spread EUR/USD - Standard | 1.5 | 0.51 |
| All-in Cost EUR/USD - Active | 1.5 | 0.31 |
| 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.
When it comes to the variety of investment options, Plus500 stands out with a broader range of offerings compared to Tickmill. Not only does Plus500 provide access to a vast 5,500 tradeable symbols, including 65 forex pairs, it also allows investors to trade U.S. and international exchange-traded securities such as Apple shares on the NASDAQ and Vodafone shares on the London Stock Exchange. In contrast, Tickmill offers 725 tradeable symbols with 63 forex pairs but does not offer trading in exchange-traded securities on U.S. or international exchanges. Both brokers offer forex trading through CFDs, and both provide cryptocurrency derivatives without the option to buy actual cryptocurrency.
While Plus500 does not support copy trading, a feature available with Tickmill, its extensive range of investment options has earned it a higher rating of 4.5 stars for Range of Investments compared to Tickmill's 3.5 stars. According to ForexBrokers.com, Plus500 ranks at #24 in the Range of Investments category out of 62 brokers, demonstrating a more diversified portfolio potential. Tickmill, on the other hand, is positioned at #42, which reflects a narrower selection for investors seeking a variety of trading instruments.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 725 |
| Forex Pairs (Total) | 65 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 Plus500 and Tickmill for trading platforms and tools, both brokers offer simulated trading through free virtual demo accounts, making them accessible for beginners and experienced traders testing strategies. Plus500 features an in-house developed proprietary platform that is web-based, providing a straightforward experience though lacking a desktop application. In contrast, Tickmill does not have its own platform but offers the popular MetaTrader 4 and MetaTrader 5 platforms, which come with a Windows desktop download. Additionally, Tickmill supports copy trading, adding a layer of flexibility for traders interested in mimicking the strategies of others, a feature Plus500 does not offer.
For charting tools, Plus500 and Tickmill both provide a range of technical drawing tools, though Plus500 edges out with 22 options compared to Tickmill’s 15. However, Tickmill allows users the advantage of trading directly from stock charts, which Plus500 does not support. When it comes to watch lists, Plus500 offers more organizational depth with 10 columns compared to Tickmill’s seven. Overall, Plus500 is rated higher at 4.5 stars for its platforms and tools, ranking 14th out of 62 brokers, whereas Tickmill has a slightly lower rating of 4 stars, placing it at 32nd.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 114 | 30 |
| Charting - Drawing Tools (Total) | 22 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and Tickmill both cater to mobile traders with apps available for iPhone and Android devices, ensuring access to dynamic forex and stock trading on the go. Both platforms offer convenient features like stock and forex price alerts. Plus500, however, takes a step further by allowing watchlist symbol syncing between their mobile app and the user’s online account, a feature absent in Tickmill's offerings. In terms of charting capabilities, Plus500 provides an impressive suite of 110 technical studies compared to Tickmill's 30. Both platforms support trendline drawing and multiple time frame viewing, but only Tickmill has the ability to auto-save drawings on charts.
Creating watchlists with real-time quotes is straightforward on both Plus500 and Tickmill apps. However, discrepancies become apparent in user reviews and rankings. Plus500 is rated 4.5 out of 5 stars, securing the 14th position out of 62 brokers in the Mobile Trading Apps category according to ForexBrokers.com. In contrast, Tickmill has a slightly lower rating at 4 stars, and ranks 31st. These insights point to Plus500’s mobile app as a more enhanced choice for users valuing comprehensive charting tools and integrated features for seamless trading experiences.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 110 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Plus500 and Tickmill, both brokers provide daily market commentary, ensuring traders are kept informed about current financial happenings. However, Tickmill distinguishes itself by sourcing forex news from top-tier organizations like Bloomberg and Reuters, a feature not available with Plus500. Plus500 compensates with Trading Central’s technical analytics, offering more in-depth analysis tools which Tickmill does not provide. Additionally, both brokers feature sentiment-based trading tools that highlight the ratio of long or short positions across currency pairs, adding valuable insights for their users.
Examining other research features, Tickmill incorporates tools from Acuity Trading such as Signal Centre, offering traders enhanced decision-making resources. Plus500, lacking this particular offering, instead provides an economic calendar, which Tickmill also supports. In terms of research ratings, both brokers hold a respectable 4-star rating, with Plus500 edging slightly ahead in ForexBrokers.com's rankings at #19 compared to Tickmill's #21. Consequently, each broker presents a unique set of tools tailored for different trader preferences, making the choice between them dependent on specific individual needs.
| Feature |
Plus500
|
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 | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Plus500 and Tickmill in terms of educational resources for trading newcomers, both platforms offer a wide range of materials to get started with forex and CFDs. Each broker provides a substantial collection of over 10 educational pieces including articles, videos, and archived webinars. Beginner traders can benefit from the accessibility of regular online webinars, as both Plus500 and Tickmill host at least one educational session per month. Additionally, they both maintain a searchable archive of recorded webinars, allowing users to review past sessions at their convenience. For those just starting, both brokers offer more than 10 beginner-focused videos to help familiarize traders with key concepts.
Advanced traders are also catered to by Plus500 and Tickmill, each offering over 10 videos that delve into more complex trading strategies. While both are great resources for learning, Tickmill has an edge with its comprehensive investor dictionary that explains over 50 investing terms, a feature not offered by Plus500. Despite both receiving a rating of 4.0 stars for their educational offerings, Tickmill is ranked higher in the education category by ForexBrokers.com, securing the 15th spot out of 62 brokers, whereas Plus500 sits at 31st. This indicates that while both brokers provide valuable resources to enhance trading knowledge, Tickmill might appeal more to those looking for extensive research tools and educational content.
| Feature |
Plus500
|
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) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Plus500 is better than Tickmill. Plus500 finished with an overall rank of #14, while Tickmill finished with an overall rank of #22.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
|
Tickmill
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 86 |
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Both Plus500 and Tickmill do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both Plus500 and Tickmill do not support ACH or SEPA transfers for deposits or withdrawals, but they both offer PayPal, Skrill, Visa, Mastercard, and bank wire options for transactions, providing a variety of convenient methods for managing 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.
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0 of 5| Overall Rating | Plus500 | Tickmill | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Tickmill Review |
| Broker Screenshots | Plus500 | Tickmill | |
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| Regulation | Plus500 | Tickmill | |
|---|---|---|---|
| Trust Score | 99 | 86 | |
| Year Founded | 2008 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 2 | |
| Tier-2 Licenses | 3 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Tickmill | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Plus500 | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 725 | |
| Forex Pairs (Total) | 65 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Tickmill | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.5 | 0.51 | |
| All-in Cost EUR/USD - Active | 1.5 | 0.31 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Tickmill | |
|---|---|---|---|
| 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 | Plus500 | Tickmill | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 114 | 30 | |
| Charting - Drawing Tools (Total) | 22 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | 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 | 110 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | Tickmill | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | 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) | No | Yes |
| Major Forex Pairs | Plus500 | 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 | Plus500 Review | Tickmill Review |
| Overall | Plus500 | Tickmill | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Tickmill Review |
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