Comparison of Pepperstone and Tickmill
| Feature | Pepperstone | Tickmill |
|---|---|---|
| Broker | ||
| Year Founded | 2010 | 2014 |
| Broker Type | ECN, DMA | STP, ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA | FCA, CySEC, FSCA, SFSA, LFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:1000 |
| Minimum Deposit | $1 | $100 |
| Base Currencies | USD, EUR, GBP, AUD, CHF, JPY, NZD, CAD, SGD, HKD | USD, EUR, GBP, ZAR |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, USDT (Tether) | Bank Wire, Credit Card, Debit Card, PayPal, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
| Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✔ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies |
| Review | Pepperstone Review | Tickmill Review |
About Pepperstone
Pepperstone is a globally recognized forex and CFD broker renowned for its competitive pricing, advanced trading platforms, and superior customer service. Founded in 2010 and headquartered in Melbourne, Australia, Pepperstone has grown to become a trusted name in online trading. With multiple regulatory licenses from top-tier authorities, including ASIC, FCA, and CySEC, the broker offers a secure and transparent trading environment. Whether you're a novice or an experienced trader, Pepperstone provides a range of tools and features to enhance your trading journey.
Pros
- Tight spreads starting from 0.0 pips on Razor accounts
- Regulated by multiple top-tier authorities (ASIC, FCA, CySEC, etc.)
- Access to advanced trading platforms like MetaTrader 4/5 and cTrader
- Excellent for scalping and algorithmic trading with fast execution speeds
- No minimum deposit requirement, making it accessible to all traders
- Dedicated 24/5 multilingual customer support
Cons
- Limited in-house educational resources for beginners
- Limited availability of bonus offers or promotions
About Tickmill
Tickmill is a highly reputable Forex and CFD broker known for its competitive pricing and robust trading infrastructure. Established in 2014, Tickmill is regulated by several top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). The broker offers a variety of account types tailored to different trading needs, ranging from beginner-friendly accounts with low minimum deposits to advanced accounts with tighter spreads and lower commissions. Tickmill supports popular trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing traders with advanced charting tools and automated trading capabilities. Additionally, Tickmill is praised for its fast order execution, extensive range of over 60 currency pairs, and strong customer support, making it a preferred choice for both novice and experienced traders.
Pros
- Regulated by top-tier authorities like FCA and CySEC, ensuring a secure trading environment
- Offers some of the lowest spreads in the industry, especially on ECN accounts, with transparent commission structures
- Supports MetaTrader 4 and MetaTrader 5, providing robust charting tools and automated trading capabilities
- Provides a range of educational materials, including webinars, tutorials, and market analysis to help traders enhance their skills
- Access to over 60 currency pairs, as well as CFDs on indices, commodities, and cryptocurrencies
- Offers efficient and knowledgeable customer service through multiple channels, including live chat and email
Cons
- Relies solely on MetaTrader platforms, which might not appeal to traders seeking proprietary or alternative platforms
- Primarily focuses on Forex and CFDs, lacking a broader range of financial instruments such as bonds or ETFs
- Not available in all countries, which limits access for some potential traders
Pepperstone & Tickmill Regulation
| Feature | Pepperstone | Tickmill |
|---|---|---|
Companies | Pepperstone Group Limited, Pepperstone Markets Limited, Pepperstone EU Limited, Pepperstone Financial Services (DIFC) Limited, Pepperstone GmbH, Pepperstone Markets Kenya Limited, Pepperstone Limited | Tickmill UK Ltd, Tickmill Europe Ltd, Tickmill South Africa (PTY) LTD, Tickmill Ltd, Procard Global Ltd, Tickmill Asia Ltd |
Countries | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
Regulators | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA | FCA, CySEC, FSCA, SFSA, LFSA |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Investor Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Pepperstone
Pepperstone Group Limited, Pepperstone Markets Limited, Pepperstone EU Limited, Pepperstone Financial Services (DIFC) Limited, Pepperstone GmbH, Pepperstone Markets Kenya Limited, Pepperstone Limited
Tickmill
Tickmill UK Ltd, Tickmill Europe Ltd, Tickmill South Africa (PTY) LTD, Tickmill Ltd, Procard Global Ltd, Tickmill Asia Ltd
Countries
Pepperstone
Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom
Tickmill
United Kingdom, Cyprus, South Africa, Seychelles, Malaysia
Regulators
Pepperstone
ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA
Tickmill
FCA, CySEC, FSCA, SFSA, LFSA
Investor Protection
Pepperstone
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Tickmill
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Investor Protection Size
Pepperstone
£85 000 / €20 000
Tickmill
£85 000 / €20 000
Publicly Traded
Pepperstone
Tickmill
Segregated Accounts
Pepperstone
Tickmill
Guaranteed Stop Loss
Pepperstone
Tickmill
Negative Balance Protection
Pepperstone
Tickmill
Account Types
| Account | Pepperstone | Tickmill |
|---|---|---|
STP Account | ||
| Account Name | — | Classic |
| Min Deposit | — | $100 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.6 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 30% |
| Margin Call | — | 100% |
ECN Account | ||
| Account Name | Standard | Raw |
| Min Deposit | $1 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 0 |
| Fee | No | $7 per 1 lot |
| Max Leverage | 1:500 | 1:1000 |
| Stop Out | 20% | 30% |
| Margin Call | 90% | 100% |
Zero Account | ||
| Account Name | Razor | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $7 per 1 lot | — |
| Max Leverage | 1:500 | — |
| Stop Out | 20% | — |
| Margin Call | 90% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Pepperstone
—
Tickmill
Classic
Min Deposit
Pepperstone
—
Tickmill
$100
Lot Size
Pepperstone
—
Tickmill
0.01
Spread Type
Pepperstone
—
Tickmill
Floating
Execution
Pepperstone
—
Tickmill
Market
Min Spread
Pepperstone
—
Tickmill
1.6
Fee
Pepperstone
—
Tickmill
No
Max Leverage
Pepperstone
—
Tickmill
1:1000
Stop Out
Pepperstone
—
Tickmill
30%
Margin Call
Pepperstone
—
Tickmill
100%
ECN Account
Account Name
Pepperstone
Standard
Tickmill
Raw
Min Deposit
Pepperstone
$1
Tickmill
$100
Lot Size
Pepperstone
0.01
Tickmill
0.01
Spread Type
Pepperstone
Floating
Tickmill
Floating
Execution
Pepperstone
Market
Tickmill
Market
Min Spread
Pepperstone
1
Tickmill
0
Fee
Pepperstone
No
Tickmill
$7 per 1 lot
Max Leverage
Pepperstone
1:500
Tickmill
1:1000
Stop Out
Pepperstone
20%
Tickmill
30%
Margin Call
Pepperstone
90%
Tickmill
100%
Zero Account
Account Name
Pepperstone
Razor
Tickmill
—
Min Deposit
Pepperstone
$1
Tickmill
—
Lot Size
Pepperstone
0.01
Tickmill
—
Spread Type
Pepperstone
Floating
Tickmill
—
Execution
Pepperstone
Market
Tickmill
—
Min Spread
Pepperstone
0
Tickmill
—
Fee
Pepperstone
$7 per 1 lot
Tickmill
—
Max Leverage
Pepperstone
1:500
Tickmill
—
Stop Out
Pepperstone
20%
Tickmill
—
Margin Call
Pepperstone
90%
Tickmill
—
Additional Features
Demo Account
Pepperstone
Tickmill
VIP Account
Pepperstone
Tickmill
Swap-Free Account
Pepperstone
Tickmill
Copy Trading
Pepperstone
Tickmill
VPS
Pepperstone
Tickmill
PAMM/MAM Accounts
Pepperstone
Tickmill
Funding and Fees
| Feature | Pepperstone | Tickmill |
|---|---|---|
Base currencies | USD, EUR, GBP, AUD, CHF, JPY, NZD, CAD, SGD, HKD | USD, EUR, GBP, ZAR |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, USDT (Tether) | Bank Wire, Credit Card, Debit Card, PayPal, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Base currencies
Pepperstone
USD, EUR, GBP, AUD, CHF, JPY, NZD, CAD, SGD, HKD
Tickmill
USD, EUR, GBP, ZAR
Deposit and withdrawal methods
Pepperstone
Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, USDT (Tether)
Tickmill
Bank Wire, Credit Card, Debit Card, PayPal, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Inactivity fee
Pepperstone
Tickmill
Interest on margin
Pepperstone
Tickmill
Withdrawal fee
Pepperstone
Tickmill
Trading Platforms and Conditions
| Feature | Pepperstone | Tickmill |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
Execution Speed | 40 ms | 150 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Pepperstone
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Tickmill
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
Execution Speed
Pepperstone
40 ms
Tickmill
150 ms
Scalping
Pepperstone
Tickmill
Expert Advisors (EAs)
Pepperstone
Tickmill
Depth of Market (DOM)
Pepperstone
Tickmill
Spread
Pepperstone
low
Tickmill
low
Trading Assets
| Asset | Pepperstone | Tickmill |
|---|---|---|
Currencies | 97 | 62 |
Indices | 26 | 23 |
Stocks | 986 | 489 |
Cryptocurrencies | 30 | 9 |
Bonds | 0 | 4 |
Metals | 20 | 4 |
Energies | 4 | 2 |
Soft Commodities | 16 | 2 |
ETFs | 108 | 23 |
Currencies
Pepperstone
97
Tickmill
62
Indices
Pepperstone
26
Tickmill
23
Stocks
Pepperstone
986
Tickmill
489
Cryptocurrencies
Pepperstone
30
Tickmill
9
Bonds
Pepperstone
0
Tickmill
4
Metals
Pepperstone
20
Tickmill
4
Energies
Pepperstone
4
Tickmill
2
Soft Commodities
Pepperstone
16
Tickmill
2
ETFs
Pepperstone
108
Tickmill
23
Education and Analytics
| Feature | Pepperstone | Tickmill |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Pepperstone
Tickmill
Indicators
Pepperstone
Tickmill
Robots
Pepperstone
Tickmill
Signals
Pepperstone
Tickmill
Autochartist
Pepperstone
Tickmill
Expert Analytics
Pepperstone
Tickmill
News Feed
Pepperstone
Tickmill
Education Articles
Pepperstone
Tickmill
Webinars
Pepperstone
Tickmill
Seminars
Pepperstone
Tickmill
Bonuses
| Bonus | Pepperstone | Tickmill |
|---|---|---|
| No Deposit Bonus | ||
| Is available | ||
| Size | — | $30 |
| Details | — | Learn More |
No Deposit Bonus
Is available
Pepperstone
Tickmill
Size
Pepperstone
—
Tickmill
$30
Details
Pepperstone
—
Tickmill
Customer Support
| Contact | Pepperstone | Tickmill |
|---|---|---|
Email | support@pepperstone.com | support@tickmill.com |
Phone | +17866281209 | +85258087849 |
Telegram | — | Telegram |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Email
Pepperstone
Tickmill
Phone
Pepperstone
Tickmill
Telegram
Pepperstone
—
Tickmill
Which Broker is Better?
After comparing Pepperstone and Tickmill, Pepperstone comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.