FP Markets vs Tickmill Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare FP Markets vs Tickmill.
Does FP Markets or Tickmill offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Tickmill
offers better pricing overall for traders.
Is FP Markets or Tickmill safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both FP Markets and Tickmill hold 1 global Tier-1 licenses. Both FP Markets and Tickmill hold 2 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, FP Markets earned a higher Trust Score than Tickmill.
Which trading platform is better: FP Markets or Tickmill?
To compare the trading platforms of both FP Markets and Tickmill, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FP Markets offers a better experience. With research, Tickmill offers superior market research. Finally, we found FP Markets to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both FP Markets and Tickmill offer MetaTrader 4 (MT4).FP Markets and Tickmill both offer copy trading.
How many forex pairs and CFDs are available to trade?
FP Markets provides traders 71 currency pairs (e.g., EUR/USD) compared to Tickmill's 62 available pairs. Forex pairs aside, FP Markets offers traders access to 10000 CFDs while Tickmill has 295 available CFDs, a difference of 9705.
Can I trust FP Markets?
FP Markets is not publicly traded and does not operate a bank. FP Markets is authorised by one tier-1 regulator (high trust), two tier-2 regulator (average trust), and zero tier-3 regulators (low trust). FP Markets is authorised by the following tier-1 regulator: Australian Securities & Exchange Commission (ASIC).
Can I trust Tickmill?
Tickmill is not publicly traded and does not operate a bank. Tickmill is authorised by one tier-1 regulator (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Tickmill is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).
Is FP Markets good?
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
Is Tickmill good?
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.
Overall winner: FP Markets
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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.