Higher Rated
Interactive Brokers
Capital at risk · T&Cs apply
In the comparison between Interactive Brokers and Tickmill, the key difference lies in their market offerings and target clientele. Interactive Brokers appeals to seasoned traders seeking access to a broad range of over 150 markets worldwide, with advanced trading tools and low commission rates. Conversely, Tickmill is suited for forex and CFD traders who prioritise low spreads and fast execution, but it offers a more limited product range. While Interactive Brokers is ideal for professional traders navigating complex platforms, Tickmill caters to those looking for a straightforward trading experience with high leverage.
Interactive Brokers
Tickmill
| Interactive Brokers | Tickmill | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:4 | 1:500 ✓ |
| Regulation | SEC, CFTC, FCA ✓ | FCA, CySEC, FSCA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Tickmill offers lower spreads (0 pips).
See full side-by-side comparison belowInteractive Brokers
WinnerTickmill
Interactive Brokers
Tickmill
Interactive Brokers, established in 1978 and headquartered in Greenwich, USA, is regulated by top-tier authorities such as the SEC, CFTC, FCA, MAS, and ASIC. This extensive regulatory oversight underscores the broker's commitment to safety and transparency. The presence of these regulatory bodies ensures strict adherence to financial laws, providing robust protection for client funds through segregated accounts and compensation schemes.
Tickmill, founded in 2014 with headquarters in London, is regulated by the FCA, CySEC, and FSCA. While Tickmill benefits from the FCA's stringent regulations, it does not have as broad a regulatory reach as Interactive Brokers. However, funds are safeguarded through segregated accounts and FSCS protection, providing a reasonable level of security. The focus remains on offering a secure trading environment, albeit with a narrower regulatory framework.
Interactive Brokers offers spreads starting from 0.2 pips with a commission of $0.005 per share, making it one of the most cost-effective options in the market for high-volume stock traders. The minimum deposit required is $0, providing flexibility for traders of all sizes. However, traders should be aware of potential inactivity fees, which could impact smaller accounts.
Tickmill provides exceptionally low spreads starting from 0.0 pips on its Pro account, with a commission of $2 per side. The minimum deposit is set at $100, which is accessible for most retail traders. With no inactivity fees and fast execution, Tickmill is attractive for forex and CFD traders seeking low-cost trading opportunities. However, the lack of stock trading options may limit its appeal to traders seeking a broader product range.
Interactive Brokers offers proprietary web and mobile platforms known for their advanced tools and professional-grade features. These platforms cater to experienced traders seeking comprehensive analytical tools. In contrast, Tickmill provides access to MT4 and MT5, popular platforms known for their user-friendly interfaces and versatility, ideal for both novice and experienced traders who prefer established trading environments.
For beginners, Tickmill is the preferable choice due to its user-friendly platforms and low minimum deposit. For professional traders, Interactive Brokers stands out with its advanced tools and broad market access. On fees, Tickmill offers lower spreads and overall trading costs, especially for forex traders.
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
Tickmill
3.3/5
Choose Tickmill if you want…
Interactive Brokers scores higher overall on our independent rating system. Interactive Brokers holds a 4.4/5 rating vs Tickmill's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Interactive Brokers offers spreads from 0.2 pips, while Tickmill starts at 0 pips. Check the fees section above for a full breakdown.
Interactive Brokers requires a minimum deposit of $0. Tickmill requires $100.
Interactive Brokers is regulated by SEC, CFTC, FCA, MAS, ASIC, while Tickmill holds licences from FCA, CySEC, FSCA.
Interactive Brokers supports Proprietary Web, Proprietary Mobile. Tickmill supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.