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Side-by-Side Comparison Independent Updated Oct 2, 2026

OANDA vs Tickmill 2026: Which Broker is Better?

In the competitive landscape of forex and CFD trading, OANDA and Tickmill present distinct offerings catering to different trader profiles. OANDA, with its extensive regulatory oversight and absence of a minimum deposit requirement, appeals to traders seeking a well-established broker with robust data tools and US market access. In contrast, Tickmill attracts cost-conscious, experienced traders with its ultra-low spreads and commissions, supported by high leverage options. The primary distinction lies in OANDA's broader regulatory reach and historical market presence versus Tickmill's focus on cost efficiency and leverage flexibility.

OANDA

Tickmill

Higher ratedOANDA logo

OANDA

4.3/ 5
Visit OANDA →Full review
VS
OANDATickmill
BrokerRank Score4.3/5 ✓3.3/5
Min. Deposit$0 ✓$100
Spread from0.6 pips0 pips ✓
Max Leverage1:501:500 ✓
RegulationCFTC, FCA, ASIC ✓FCA, CySEC, FSCA
PlatformsMT4, Proprietary Web, Proprietary MobileMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
OANDATickmill
Best for Low Fees
TickmillOANDA
Best for Regulation
OANDATickmill
Best Overall
OANDATickmill
Quick Answer

OANDA is the better choice overall, scoring 4.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Tickmill offers lower spreads (0 pips).

See full side-by-side comparison below

OANDA vs Tickmill: Key Differences

Feature

OANDA

Winner

Tickmill

Our Rating
4.3 / 5
3.3 / 5
Min. Deposit
$0
$100
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
$2/lot
Regulated By
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
MT4, Proprietary Web, Proprietary Mobile
MT4, MT5
Markets
Forex, Cfd, Indices, Commodities
Forex, Cfd, Indices, Commodities
Founded
1996
2014
Headquarters
New York, USA
London, UK
Score
4 / 5
1 / 5

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Fees Comparison

Fee

OANDA

Tickmill

Spread From
0.6 pips
0 pips
Commission
None
$2/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the comparison between OANDA and Tickmill, OANDA is better suited for beginners due to its user-friendly proprietary platforms, zero commission structure, and no minimum deposit requirement. Professional traders might prefer Tickmill, as it offers lower spreads starting from 0 pips and competitive commissions, particularly appealing for high-volume trading. When it comes to fees, Tickmill has the edge with its lower overall trading costs, benefiting traders focused on minimising expenses.

Who Should Choose Which?

OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • No minimum deposit
  • More regulatory licences (7)
Tickmill

Tickmill

3.3/5

Choose Tickmill if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both OANDA & Tickmill are available in

Frequently Asked Questions

1

Is OANDA better than Tickmill?

OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 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.

2

Which has lower fees, OANDA or Tickmill?

OANDA offers spreads from 0.6 pips, while Tickmill starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for OANDA vs Tickmill?

OANDA requires a minimum deposit of $0. Tickmill requires $100.

4

Which broker is safer, OANDA or Tickmill?

OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while Tickmill holds licences from FCA, CySEC, FSCA.

5

What trading platforms do OANDA and Tickmill support?

OANDA supports MT4, Proprietary Web, Proprietary Mobile. Tickmill supports MT4, MT5.

6

Can I use both OANDA and Tickmill?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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