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Pepperstone vs Tickmill: Comparison and Analysis

Written by Filippo Ucchino Fact-Checked by Luca Puddu Publication Date Last Updated
Our verdict · CFD trading

Pepperstone is better than Tickmill for CFD trading in the UK by a small margin, because it has a lower EUR/USD cost (9.05 USD per lot against 11.50 USD), lists far more tradable symbols (1,444 against 180), asks for no minimum deposit, where Tickmill asks for 100.00 USD, runs cTrader and TradingView next to the MetaTrader platforms both brokers share, allows high-frequency strategies, opens copy trading accounts, offers copy trading, holds more account base currencies (ten against three) and fills orders in 30 ms, against 150 ms. Tickmill, on the other hand, adds options and futures trading to the CFDs, opens managed accounts, runs a programme for high-volume traders with Autochartist and provides a demo account that does not expire. Pepperstone and Tickmill are both regulated in the UK by the FCA. The two brokers cover CFDs on commodities, forex, indices and stocks, open raw spread, ECN and Islamic accounts, allow scalping, hedging, expert advisors, VPS hosting and API access, and settle withdrawals in 1 day.

Best overall

Pepperstone

CFDCFD This broker offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD to rate it on that. Regulated in your country Pepperstone holds a licence from the regulator of the country this site is for, so local investor protections apply.
Pepperstone review ›
86CFDOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above.
Open Account

89% of retail investor accounts lose money when trading CFDs with this provider.

Tickmill

CFDCFD This broker offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD to rate it on that. Regulated in your country Tickmill holds a licence from the regulator of the country this site is for, so local investor protections apply.
Tickmill review ›
82CFDOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above.
Open Account

73% of retail investor accounts lose money when trading CFDs with this provider.

Best for

1 / 12
What we compare A comparison of the kinds of traders Pepperstone and Tickmill are best suited to, based on what each one actually offers in United Kingdom.

Pepperstone is better than Tickmill for high-volume traders. Tickmill, on the other hand, is better for futures traders and options traders. Scalpers, algo traders and CFD stock traders can choose either Pepperstone or Tickmill.

Best for
Overall score Pepperstone 86 Best Tickmill 82 -4
Day trading i
Long-term investing i
Professional traders i
High-volume traders i
Scalpers i
Swing traders i
News traders i
Algo traders i
Stock traders i
Crypto traders i
Futures traders i
Options traders i

Regulation

2 / 12
What we compare A comparison between the financial authorities that supervise Pepperstone and the ones that supervise Tickmill.
Regulation
Section score Pepperstone 100 Tickmill 100
Tier-1 regulators
ESMA (European Union) i
FCA (United Kingdom) i
ASIC (Australia) i
CFTC (United States) i
NFA (United States) i
SEC (United States) i
CIRO (Canada) i
MAS (Singapore) i
SFC (Hong Kong) i
JFSA (Japan) i
FINMA (Switzerland) i
Tier-2 regulators
FMA (New Zealand) i
CBR (Russia) i
FSCA (South Africa) i
DFSA (Dubai) i
CSRC (China) i
ISA (Israel) i
LFSA (Malaysia) i
JSC (Jordan) i
CMA (Kenya) i
Tier-3 regulators
FSA (Seychelles) i
MMA (Maldives) i
SCB (Bahamas) i
FSC (Mauritius) i
VFSC (Vanuatu) i
FSC (Belize) i
CIMA (Cayman Islands) i
SV FSA (Saint Vincent and the Grenadines) i
FSRC (St. Kitts & Nevis) i
BMA (Bermuda) i
BVI FSC (British Virgin Islands) i
EDR (External Dispute Resolution) i

Safety

3 / 12
What we compare A comparison of the tools and services that Pepperstone and Tickmill have in place to protect your money in United Kingdom.
Safety
Section score Pepperstone 78 -9 Tickmill 87 Best
Company info
Is it publicly traded i
Is it a bank i
Year founded i 2010 2015
Parent company i Pepperstone Group Limited Tickmill Group
CEO i Tamas Szabo Sudhanshu Agarwal
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i N/A Barclays
Brand power
Number of customers worldwide i 900,000 1,350,000
Annual revenue i USD 13,000,000
Monthly website search traffic i 1.3M monthly visits

Costs

4 / 12
What we compare A comparison of what it costs to trade with Pepperstone and with Tickmill in United Kingdom, both on each trade and on holding the account.

Pepperstone is better than Tickmill for costs, because Pepperstone is cheaper on EUR/USD, at 9.05 USD per lot (against Tickmill's 11.5 USD).

Costs
Section score Pepperstone 74 Best Tickmill 52 -22
Broker fees
Deposit fees i
Withdrawal fees i
Overnight fees i
Inactivity fees i
Currency conversion fees i
Discounts on volume i
Real time market data fee i
Dividend withholding i
Account opening fees i
Account maintenance fee i
Portfolio management fee i
Fees on CFDs
Forex commission per lot i USD 6.1 USD 6
EUR/USD average standard spread i
1.1 pips
1.6 pips
EUR/USD average raw spread i
0.1 pips
0.1 pips
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 9.05 USD 11.5
S&P 500 fees (CFD) i 0.4 points 0.39 points
Gold fees (CFD) i 0.15 points 0.09 points
Bitcoin fees (CFD) i
US stocks fees (CFD) i USD 0.02 Free
Fees on stocks
Stock fee type i Commission, Percentage Spread
US stocks fees (real) i
ETF fees (real) i
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i USD 1.3
Platform fees i
Fees on options
Options fees per contract i USD 1.3
Event fees i
Fees on savings plans
IRA opening fee i
IRA maintenance fee i
401k opening fee i
401k maintenance fee i

Available markets

5 / 12
What we compare A comparison of the markets and products you can trade with Pepperstone and with Tickmill in United Kingdom, and of how many instruments each one gives access to.

Tickmill is better than Pepperstone for available markets.

Available markets
Section score Pepperstone 75 -25 Tickmill 100 Best
Total tradable symbols i 1,444 180
Currency pairs i
Indices i
Commodities i
Stocks i
ETF i
Cryptocurrencies i
Bonds i
Interest rates i
Portfolios i
CFDs i Commodities, Crypto, Forex, Indices, Stocks Commodities, Crypto, Forex, Indices, Stocks
Futures i Forex, Indices, Commodities, Crypto, Bonds
Options i Indices
Assets you can own i

Platform

6 / 12
What we compare A comparison of the trading platforms that Pepperstone and Tickmill make available to their clients in United Kingdom.

Pepperstone is better than Tickmill for platforms.

Platform
Section score Pepperstone 92 Best Tickmill 62 -30
Proprietary platform i
MetaTrader 4 i
MetaTrader 5 i
cTrader i
Social trading platform i
Copy trading platform i
ZuluTrade i
TradingView i
Duplitrade i
Mirror Trader i
NinjaTrader i
AutoChartist i
Real time pricing i
5 digit pricing i
One-click trading i

Mobile

7 / 12
What we compare A comparison of the mobile apps of Pepperstone and Tickmill in United Kingdom, and of what each one lets you do from your phone.

Pepperstone is better than Tickmill for mobile trading.

Mobile
Section score Pepperstone 100 Best Tickmill 67 -33
Proprietary app i
Social trading app i
Copy trading app i
MetaTrader 4 app i
MetaTrader 5 app i
cTrader app i
Mobile trading signals i
Mobile alerts i
Mobile charting tools i
Mobile drawing tools i
Mobile watchlist i
Smartwatch app i

Trading features

8 / 12
What we compare A comparison of the trading tools and strategies that Pepperstone and Tickmill allow on their platforms in United Kingdom.

Pepperstone is better than Tickmill for trading features.

Trading features
Section score Pepperstone 93 Best Tickmill 83 -10
Trade execution
Broker type i NDD NDD
Average execution time i 30 ms 150 ms
Slippage occurrence i
Requotes occurrence i 0.08% 0%
Tier-1 liquidity providers i
PFOF i
Leverage
Major FX pairs leverage i 30:1 30:1
Minor/Exotic FX pairs leverage i 20:1 20:1
Major indices leverage i 20:1 20:1
Minor indices leverage i 10:1 10:1
Gold leverage i 20:1 20:1
Commodities leverage i 10:1 10:1
Equities leverage i 5:1 5:1
Cryptocurrency leverage i
Risk management
Stop losses i
Take profits i
Limit orders i
Trailing stop i
Margin call i
OCO orders i
Guaranteed stop loss i
Negative balance protection i
Minimum trade size (FX) i 0.01 lots 0.01 lots
Minimum trade size (stocks) i USD 0 USD 0
Fractional stocks i
Trading compliance
Scalping strategies allowed i
Hedging strategies allowed i
Automated trading strategy allowed i
EAs use allowed i
HFT strategy allowed i
VPS use allowed i
API use allowed i
Price scraping allowed i
FIFO rule applies i

Account types

9 / 12
What we compare A comparison of the kinds of account you can open at Pepperstone and at Tickmill in United Kingdom, and of who each one is meant for.

Pepperstone and Tickmill are equally good for account types.

Account types
Section score Pepperstone 75 Tickmill 74 -1
Demo account i
Unlimited demo account i
Standard account i
Micro account i
Cent account i
Nano account i
Raw spread account i
ECN account i
Swap-free account i
Islamic account i
Professional traders account i
Fixed spread account i
Spread betting account i
Copy trading account i
Corporate account i
Managed account i
Stock investing account i
Margin investing account i
Savings account i
Retirement account i

Account opening

10 / 12
What we compare A comparison of what it takes to open and fund an account with Pepperstone and with Tickmill in United Kingdom.

Pepperstone is better than Tickmill for account opening.

Account opening
Section score Pepperstone 80 Best Tickmill 72 -8
Minimum deposit i USD 0 USD 100
Minimum withdrawal i USD 0 USD 0
Wire transfers i
Credit cards i
Debit cards i
eWallets i PayPal, Neteller, Skrill
Local payment methods i
Account base currencies i AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD EUR, GBP, USD
Deposit waiting time i up to 1 business days Instant
Withdrawal waiting time i up to 1 business days up to 1 business days
Bonus program i

Customer care

11 / 12
What we compare A comparison of the customer support of Pepperstone and Tickmill in United Kingdom, in how it can be reached and how fast it answers.

Pepperstone is better than Tickmill for customer care.

Customer care
Section score Pepperstone 73 Best Tickmill 67 -6
Number of languages supported i 10 15
Website languages i Arabic, English, Italian, Korean, Polish, Russian, Spanish, Vietnamese, Chinese Arabic, German, English, Indonesian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Chinese
Website available in English i
Customer support languages i Arabic, English, Italian, Korean, Polish, Russian, Spanish, Thai, Vietnamese, Chinese Arabic, German, English, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Turkish, Vietnamese, Chinese
Customer support in English i
Call back request i
Email support i
Phone support i
Live chat i
Priority customer support i
Dedicated account manager i
Cash sweep i
Stock lending i
Distributes proceeds i
Tax withholding agent i
Tax assistance i

Learning

12 / 12
What we compare A comparison of the educational material that Pepperstone and Tickmill provide to their clients in United Kingdom.

Tickmill is better than Pepperstone for learning.

Learning
Section score Pepperstone 88 -12 Tickmill 100 Best
Education
Education center i
Education for beginners i
Education for advanced traders i
Webinars i
Tutorials i
Glossary i
Research
Economic calendar i
Traders' sentiment i
Daily market commentary i
Daily trading ideas i
News via social media i
Professional reports i
Watchlist i
Pepperstone
Open Account 89% of retail investor accounts lose money when trading CFDs with this provider.
Tickmill
Open Account 73% of retail investor accounts lose money when trading CFDs with this provider.
Our verdict

Pepperstone vs Tickmill: which one should you choose?

Pepperstone

CFD Choose Pepperstone if you want a CFD and forex broker with low trading costs, a wide choice of markets and fast execution.

Open Account 89% of retail investor accounts lose money when trading CFDs with this provider.
Tickmill

CFD Choose Tickmill if you want an online CFD broker with options and futures trading and conditions for high-volume trading.

Open Account 73% of retail investor accounts lose money when trading CFDs with this provider.

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