Purple Trading vs Tickmill 2026: Which Broker is Better?
Choosing between Purple Trading and Tickmill depends on your trading style, preferred markets, and budget. Purple Trading is headquartered in Limassol, Cyprus, while Tickmill operates from London, UK. Tickmill has the longer track record, established in 2014, compared to Purple Trading which was founded in 2016. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Purple Trading
Tickmill
| Purple Trading | Tickmill | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.3/5 |
| Min. Deposit | $25 | $100 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | CySEC, FCA | FCA, CySEC, FSCA ✓ |
| Platforms | MT4, MT5, cTrader | MT4, MT5 |
Purple Trading is the better choice overall, scoring 3.5/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Tickmill offers lower spreads (0 pips).
See full side-by-side comparison belowPurple Trading vs Tickmill: Key Differences
Purple Trading
Tickmill
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Fees Comparison
Purple Trading
Tickmill
Lower feesRegulation & Trust
Purple Trading holds licences from FCA, CySEC. Tickmill is regulated by FCA, CySEC, FSCA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Purple Trading additionally covers Stocks.
Fees & Spreads
On spreads, Tickmill is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Purple Trading.
Trading Platforms
Purple Trading supports MT4, MT5, cTrader. Tickmill offers MT4, MT5. Both brokers are available on MT4, MT5.
Minimum Deposit
Purple Trading requires a minimum deposit of $25, while Tickmill sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores Purple Trading at 3.46/5 and Tickmill at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Purple Trading leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Purple Trading
3.5/5
Choose Purple Trading if you want…
- Higher overall rating (3.5/5)
- Lower minimum deposit ($25)
- More market types (6)
- More platforms (3 supported)
Tickmill
3.3/5
Choose Tickmill if you want…
- Tighter spreads (from 0 pips)
- More regulatory licences (3)
- More established (est. 2014)
Also consider
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.
Both Purple Trading & Tickmill are available in
Frequently Asked Questions
1Is Purple Trading better than Tickmill?
Purple Trading scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 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.
2Which has lower fees, Purple Trading or Tickmill?
Purple Trading offers spreads from 0.2 pips, while Tickmill starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Purple Trading vs Tickmill?
Purple Trading requires a minimum deposit of $25. Tickmill requires $100.
4Which broker is safer, Purple Trading or Tickmill?
Purple Trading is regulated by CySEC, FCA, while Tickmill holds licences from FCA, CySEC, FSCA.
5What trading platforms do Purple Trading and Tickmill support?
Purple Trading supports MT4, MT5, cTrader. Tickmill supports MT4, MT5.
6Can I use both Purple Trading and Tickmill?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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