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Pepperstone vs Tickmill: Comparison and Analysis

Trying to figure out whether to use Pepperstone or Tickmill? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of Pepperstone and Tickmill side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
74-89% of retail investor accounts lose money when trading CFDs
Pepperstone review
Open Account
73% of retail investor accounts lose money
Tickmill review

Overall Ratings


Rated
90
Rated
81

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • Pepperstone
  • Tickmill

Security 94
Security 94

Cost 78
Cost 85

Trading 100
Trading 68

Education 71
Education 75

Company Info


Foundation
2010
2015
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, es, pol, ru, ko, viet, it, chi
en, ar, de, es, po, pol, ru, thai, ko, ind, mal, chi

Leverage


Non-EU Leverage ?
200:1
500:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
0
0
Canadian Leverage ?
0
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
399331
81762
SimilarWeb - Total Visits
416901
840300
Facebook Likes
66224
136911
Twitter Likes
1800000
8548
Instagram Likes
192258
2122

Deposit and Withdrawal


Minimum Deposit ?
100 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
Bpay, POLi, UnionPay
PaySafe, Sofort, Dotpay
Deposit Waiting Time ?
1 business day
instant
Withdraw Waiting Time ?
1 business day
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
AUD, EUR, GBP, USD, CAD, CHF, HKD, JPY, NZD, SGD
EUR, GBP, USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.5
0.04
Natural Gas ?
5.0
Silver ?
0.5
0.09
Platinum ?
Copper ?
Soybeans ?
Corn ?
Gold ?
0.5
0.021

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.09
0.2
USD/JPY Average Spread
0.19
0.2
USD/CHF Average Spread
0.35
0.7
GBP/USD Average Spread
0.38
0.7
USD/CAD Average Spread
0.27
0.2
AUD/USD Average Spread
0.17
0.1
NZD/USD Average Spread
0.32
0.3
EUR/GBP Average Spread
0.41
0.4

Fees on Stocks


Apple
Facebook
Alphabet
Snapchat
BP
Tesco
Barclays
Lloyds

Fees on Indices


FTSE100
1.05
0.9
S&P500
0.47
0.39
Dow Jones
2.0
2.52
Nasdaq
2.0
1.93
CAC40
1
DAX30
0.9
0.91
Nikkei 225
8.0
6.04
Euro Stoxx 50
2.0
1.5

Fees on Cryptocurrencies


Bitcoin
1
0
Ethereum
$4.0
0
Ripple
0
0
Litecoin
$3.0
0
Bitcoin Cash
$4.0
0
Dash
$3.0
0
Monero
0
0
Neo
0
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, ar, es, po, ko, viet, chi
en
Watchlist Mobile ?

Available Markets


Forex Pairs ?
70
62
Crypto ?
70
62
Commodities ?
15
4
Stocks ?
61
Indices ?
14
14
ETF ?
Futures ?
Options ?
Bonds ?
3
Metal ?
5
2
Agricultural ?
5
Energies ?
5
2
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
0.001 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, es, pol, ru, thai, ko, viet, it, chi
en, ar, de, es, po, pol, ru, tur, thai, ko, ind, viet, mal, it, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

Pepperstone vs Tickmill: A Comparison of Two Brokers

Pepperstone and Tickmill are both reputable brokers with several similarities and differences in their services. In this comparison, we will examine their security, demo accounts, account opening, social-copy trading, markets, trading fees, platforms, education, and customer care.

Security

Both Pepperstone and Tickmill are regulated by several regulatory bodies, ensuring that clients’ funds are protected. Pepperstone is regulated by FCA, ASIC, DFSA, CySEC, SCB, and CMA, while Tickmill is regulated by FCA, CySEC, FSCA, FSA, and Labuan FSA. Both brokers have a security rating of 94, making them safe options for traders.

Demo Accounts

Pepperstone offers a 30-day demo account for MT4 and MT5 accounts and an unlimited demo account for cTrader accounts. The virtual funds are set at $50,000 and can be restored by contacting customer support. On the other hand, Tickmill offers an unlimited demo account that can be customised by the trader. The virtual funds can also be restored by contacting customer support.

Account Opening

Pepperstone doesn’t have a minimum deposit requirement, but it suggests a minimum deposit of $200. Traders can choose from over ten base currencies, including USD, EUR, AUD, and GBP. Payment methods include wire transfers, credit/debit cards, eWallets, and several local payment methods. Pepperstone offers a variety of account types, including the Standard account, Razor account, Spread Betting account, MAM/PAMM account, and Professional account.

Tickmill requires a minimum deposit of $100 and offers account currencies in USD, EUR, GBP, and PLN. Payment methods include wire transfers, credit/debit cards, e-wallets, and local payment methods. Account types offered include the Classic account, Pro account, VIP account, Futures account, MAM account, Islamic account, and Professional account for experienced traders.

Social-Copy Trading

Pepperstone allows copy-social trading through third-party platforms such as Duplitrade and Myfxbook. On the other hand, Tickmill offers copy-social trading through the Pelican trading mobile platform, but it is only available on the MT4 platform.

Markets

Pepperstone offers a wide range of markets, including forex, commodities, indices, crypto assets, and stocks. The broker provides CFD trading only, making it more suitable for short-term trading. In contrast, Tickmill offers forex, commodities, and indices, and it doesn’t provide crypto assets and stocks trading. Tickmill also offers CFD trading only, making it more suitable for short-term trading.

Trading Fees

Pepperstone’s spreads are variable, starting from 0 pip on forex, which is lower than the market average. Commissions per lot traded can go up to $7, and stock commissions are variable. Pepperstone’s low spreads and commissions make it a good option for scalping.

Tickmill’s spreads are variable, starting from 0.1 pips on forex, depending on the account type chosen. Commissions per lot traded are $4 on the Pro account and $2 for the VIP account.

Platforms

Pepperstone offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader platforms, available on desktop, webtrader, and mobile devices. All platforms allow traders to engage in algo trading, and Pepperstone offers VPS services.

Tickmill offers MT4 and MT5 platforms available on desktop, webtrader, and mobile devices.

Education/Customer Care

Pepperstone provides a range of educational material, including webinars, but most of the content is geared towards beginner traders. Customer care is easy to contact via email, telephone, and live chat, with over 12 languages available. Pepperstone won the “Best Customer Service in Europe” award in 2019.

Tickmill provides clients with access to webinars, video tutorials, educational articles, and market analysis. Customer care is also easy to contact via email, phone, and live chat, with 14 languages available.

Conclusion

In conclusion, both Pepperstone and Tickmill are reputable brokers that offer a range of trading services. Pepperstone has a wider range of markets and account types, while Tickmill provides copy-social trading through the Pelican trading mobile platform. Pepperstone has lower spreads and commissions, making it suitable for scalping, while Tickmill offers lower commissions on its Pro and VIP accounts. Ultimately, the choice between these two brokers will depend on the trader’s specific trading needs and preferences.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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