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

Pepperstone vs Tickmill 2026: Which Broker is Better?

When comparing Pepperstone and Tickmill, traders will find distinct differences that cater to varying preferences and trading styles. Pepperstone, established in 2010, is renowned for its comprehensive market offerings, including forex, CFDs, cryptocurrencies, and more, appealing to traders seeking a wide array of instruments and robust educational resources. Tickmill, on the other hand, founded in 2014, attracts cost-conscious traders with its ultra-low commissions and fast execution, although its product range is more limited. Both brokers are well-regulated, but Pepperstone's higher minimum deposit and inactivity fees may be less appealing to beginners compared to Tickmill's lower entry point.

Pepperstone

Tickmill

Higher ratedPepperstone logo

Pepperstone

4.1/ 5
Visit Pepperstone →Full review
VS
PepperstoneTickmill
BrokerRank Score4.1/5 ✓3.3/5
Min. Deposit$200$100 ✓
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, FCA, CySECFCA, CySEC, FSCA
PlatformsMT4, MT5, TradingViewMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
TickmillPepperstone
Best for Low Fees
PepperstoneTickmill
Best for Regulation
PepperstoneTickmill
Best Overall
PepperstoneTickmill
Quick Answer

Pepperstone is the better choice overall, scoring 4.1/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).

See full side-by-side comparison below

Pepperstone vs Tickmill: Key Differences

Feature

Pepperstone

Tickmill

Our Rating
4.1 / 5
3.3 / 5
Min. Deposit
$200
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$2/lot
Platforms
MT4, MT5, TradingView, Proprietary Mobile
MT4, MT5
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Forex, Cfd, Indices, Commodities
Founded
2010
2014
Headquarters
Melbourne, Australia
London, UK
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Pepperstone

Tickmill

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$2/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the comparison between Pepperstone and Tickmill, Pepperstone emerges as the better choice for beginners due to its comprehensive research and educational resources, despite a higher minimum deposit requirement. Professional traders might favour Tickmill, given its lower commission fees of $2 per side and fast execution, which can be crucial for high-frequency trading. When it comes to fees, Tickmill takes the lead with its lower overall trading costs, although both brokers offer competitive spreads starting from 0.0 pips.

Who Should Choose Which?

Pepperstone

Pepperstone

4.1/5

Top pick

Choose Pepperstone if you want…

  • Higher overall rating (4.1/5)
  • More market types (6)
  • More established (est. 2010)
  • More platforms (4 supported)
Tickmill

Tickmill

3.3/5

Choose Tickmill if you want…

  • Lower minimum deposit ($100)

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 Pepperstone & Tickmill are available in

Frequently Asked Questions

1

Is Pepperstone better than Tickmill?

Pepperstone scores higher overall on our independent rating system. Pepperstone holds a 4.1/5 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, Pepperstone or Tickmill?

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

3

What is the minimum deposit for Pepperstone vs Tickmill?

Pepperstone requires a minimum deposit of $200. Tickmill requires $100.

4

Which broker is safer, Pepperstone or Tickmill?

Pepperstone is regulated by ASIC, FCA, CySEC, while Tickmill holds licences from FCA, CySEC, FSCA.

5

What trading platforms do Pepperstone and Tickmill support?

Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile. Tickmill supports MT4, MT5.

6

Can I use both Pepperstone 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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