Tickmill vs BlackBull Markets - Fees Review included
Which broker is better Tickmill or BlackBull Markets? Our expert assessment conducted according to TU’s own methodology showed that Tickmill is one of the top brokers in the financial market with the TU Overall Score of 7.15 out of 10. BlackBull Markets is one of the top brokers in the financial market with the TU Overall Score of 5.87 out of 10. Find out more about TU Overall Score.
| Feature | Tickmill | BlackBull Markets |
|---|---|---|
Overall |
4.6 |
3.2 |
4.9 |
4 |
|
4.9 |
3.8 |
|
4.1 |
4 |
|
Investment Instruments |
3.9 |
1.7 |
Platforms and Charting Tools |
4.2 |
4.1 |
Deposit and Withdrawal |
4.5 |
3.7 |
Research |
4.2 |
2.6 |
Education |
4.0 |
3.8 |
Support |
4.5 |
3 |
Bonuses |
4.6 |
1.6 |
|
|
|
Tickmill vs BlackBull Markets: Pros and Cons
Tickmill brokerage introduces a new standard in the provision of brokerage services. The focus on innovation is what the company is proud of and why traders choose it. The trading conditions of the broker are appreciated by fans of scalping and passive trading with the help of robots because Tickmill provides minimal spreads. The company has earned many awards. Thus, for two years in a row (2018 and 2019), it was awarded the “Best Execution Broker” title, and it also won the “Most Transparent Broker” title in 2019.
BlackBull Markets was founded with the goal of becoming the leading online Financial Technology and Foreign Exchange broker. BlackBull Markets is a true ECN, No Dealing Desk brokerage specializing in Forex, CFDs, Commodities, Fibre Optic Communications and Fintech solutions for a global clientele.
| Tickmill | BlackBull Markets | |
|---|---|---|
| Overall Pros | Well-Regulated broker | Over 24000 trading assets |
| Ultra low ECN trading fees | 3 ECN accounts | |
| Any strategy is allowed | Well-regulated broker | |
| no-deposit bonus $30 (only for international entety) | ||
| Free deposit and withdrawal | ||
| ECN trading account | ||
| Limited choice of trading assets | ||
| Overall Cons | Only one account currency | |
| Small choice of investing programs |
Tickmill vs BlackBull Markets: Safety and Regulation
| Tickmill | BlackBull Markets | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-2 |
Investor protection |
£85,000 €20,000 €100,000 (DE) |
No |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
Yes |
Tickmill vs BlackBull Markets: Trading Conditions
| Trading Conditions | Tickmill | BlackBull Markets |
|---|---|---|
Minimum Deposit |
$100 |
$200 |
Trading Platforms |
MT4, MT5 |
MT4, МТ5, Webtrader, Mobile platforms |
Max Leverage (Futures) |
1-500 |
1-500 |
Supported Markets |
Forex, CFDs on indices, commodities, crypto, metals, stocks, bonds |
Forex, Index CFDs, Commodities, Precious Metals, Energy |
Trading assets |
200+ |
24000+ |
Trading Accounts |
Classic, Pro, VIP, Demo |
ECN Standard, ECN Prime, ECN Institutional |
Base Account Currencies |
USD, EUR, GBP |
USD |
Tickmill vs BlackBull Markets: Fees
| Tickmill | BlackBull Markets | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
1,0 |
0,2 |
Standard acc. spread EUR/USD, max pips |
1,6 |
0,8 |
ECN Commission |
3 |
3 |
ECN Spread EUR/USD |
0,1 |
0,3 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
5 |
Inactivity fee, $ |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Tickmill vs BlackBull Markets: Trading Assets
| Asset Name | Tickmill | BlackBull Markets |
|---|---|---|
Overall |
200+ |
24000+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
No |
Bonds |
Yes (CFD) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Tickmill or BlackBull Markets: Investment Programs
| Asset Name | Tickmill | BlackBull Markets |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: BlackBull Markets or Tickmill
| Tickmill | BlackBull Markets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
Tickmill vs BlackBull Markets: Deposit and Withdrawal Methods
| Tickmill | BlackBull Markets | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
Tickmill vs BlackBull Markets: Research
| Research Type | Tickmill | BlackBull Markets |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
No |
E-Mail Reports |
Yes |
No |
Tickmill vs BlackBull Markets: Education
| Education Type | Tickmill | BlackBull Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
No |
Videos |
Yes |
Yes |
Cent account |
Yes |
No |
BlackBull Markets vs Tickmill: Support
| Support Features | Tickmill | BlackBull Markets |
|---|---|---|
Working Days |
24/5 |
24/6 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Tickmill vs BlackBull Markets: Forex Bonuses and Promo
| Promo | Tickmill | BlackBull Markets |
|---|---|---|
Forex Bonus |
$30 welcome bonus |
No |
Affiliate Program |
Yes |
If you refer a new client to BlackBull Markets, who funds and trades on their account, we will deposit up to US$250 into both you and your friend’s trading accounts as a thank you bonus. |
Other Promos |
Trading contests |
|
|
|
|
Top 5 Reviews on BlackBull Markets
-
Comment
BlackBull Markets offers a wide range of platforms: MetaTrader 4/5, WebTrader, TradingView, and its proprietary BlackBull Trade. A nice benefit is the free demo account and the ability to trade with no minimum deposit on a standard account. Leverage goes up to 1:500, and traders can choose from multiple account currencies — USD, EUR, GBP, AUD, NZD, SGD, CAD, and JPY. Trading fees are moderate, with EUR/USD spreads starting from 0.3 pips and a fixed $5 withdrawal fee (or equivalent). The broker supports trading in over 70 currency pairs as well as CFDs across a broad range of assets. Despite this variety, most instruments are offered only as CFDs, and there are no PAMM or MAM accounts. BlackBull Markets is regulated by the FSA (Seychelles) and the FMA (New Zealand).
-
Comment
BlackBull Markets offers clients a choice of three types of live accounts, allowing traders to select the option that best suits their individual strategies. The minimum trade size is 0.01 lots, and leverage can go up to 1:500. A key feature of this broker is the absence of a minimum deposit for the standard account, making the platform accessible to beginner traders. Spreads on major pairs start from 0.3 pips, which is below the industry average, and withdrawal fees are fixed at 5 units of the base currency regardless of the amount. The broker provides access to over 17,000 instruments, including 70 currency pairs and a wide range of CFDs on stocks, indices, commodities, and cryptocurrencies. Supported platforms include MT4, MT5, WebTrader, TradingView, and BlackBull’s own trading platform, BlackBull Trade. For passive investors, copy trading services and a referral program are also available. BlackBull Markets is regulated by the FSA and FMA, offering a moderate level of security (rated 7 out of 10).
-
Comment
I started cooperating with BlackBull Markets in November of last year. Initially, I traded on a demo account, testing the broker and my trading strategy. After successful testing, I opened a real account with BlackBull Markets. So far, I can't say anything negative about the broker. Trades are executed quickly, although the platform can sometimes freeze for 10-15 minutes. But such situations are rare.
-
Comment
Blackbull Markets has not passed my own check. I deposited funds to test the broker, traded a little, and found serious issues. I have a lot of experience and obvious problems with opening orders and operation of the platform are clear to me. Then I did a simple check — I opened a trade on another platform and opened a trade on Blackbull Markets. The difference in quotes was greater, although the trade and the asset were the same. I do not recommend Blackbull Markets.
-
Comment
I started trading with BlackBull Markets and everything seemed fine, but when I increased my lots, the platform started randomly logging me out. Several times, when I expected significant profits, they closed my positions at a loss, explaining that the position was too large, although I still had enough margin. I no longer recommend trading with BlackBull Markets and advise caution.
Top 5 Reviews on Tickmill
-
Comment
I opened an account with Tickmill through the Tickmill.com division, starting with a minimum deposit of $100. I'm trading on a Classic account, where spreads start from 1.8 pips — not a critical factor for my strategy. Order execution takes about 0.2 seconds, and the platform is stable. I use MetaTrader 4 and have no complaints about the terminal. I especially appreciate the access to analytics via Acuity Trading and the availability of Signal Centre — very convenient for working with news and key levels. A definite plus is the negative balance protection. On the downside, the selection of currency pairs is more limited compared to some competitors.
-
Comment
I trade independently and believe that Tickmill is honest. From time to time I attend webinars that provide quite good analytics, which are more aimed at novice traders. Once I had a problem with an order, but the broker decided in my favor and canceled the trade. Withdrawing money is fast, I use a bank card for this. I can recommend Tickmill.
-
Comment
Recently I received affiliate payments from tickmill. I am very glad, since it is a good percentage of my passive income. But I recommend Tickmill because it respects traders. The platform is quite functional, spreads are narrow, and fees on the ECN account are small. There are no problems with withdrawals; I have never been deceived.
-
Comment
I have been using the brokerage services of Tickmill for over two years. It's a serious broker with transparent conditions. I am currently trading on a classic account, but I plan to switch to the Pro account because Tickmill offers zero spreads on that account, which is very beneficial for active trading. I withdraw profits to my bank account, and the funds are received within three days.
-
Comment
Tickmill is an excellent broker. I recommend it to everyone who trades or starts trading. I started trading with Tickmill several years ago. I didn’t find any problems with the system connection of the platform. This broker withdraws money without any problems.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.