Tickmill vs RoboForex - Fees Review included
Which broker is better Tickmill or RoboForex? 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. RoboForex is one of the top brokers in the financial market with the TU Overall Score of 8.9 out of 10. Find out more about TU Overall Score.
| Feature | Tickmill | RoboForex |
|---|---|---|
Overall |
4.6 |
4.9 |
4.9 |
4.6 |
|
4.9 |
4.9 |
|
4.1 |
5 |
|
Investment Instruments |
3.9 |
4.8 |
Platforms and Charting Tools |
4.2 |
4.9 |
Deposit and Withdrawal |
4.5 |
4.8 |
Research |
4.2 |
4.9 |
Education |
4.0 |
4.8 |
Support |
4.5 |
5.0 |
Bonuses |
4.6 |
5 |
|
|
|
Tickmill vs RoboForex: 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.
RoboForex is a brokerage company that was founded in 2009. It provides services to financial markets in 169 countries. More than 3.5 million users are RoboForex clients. RoboForex is the leading software developer in the Forex industry. RoboForex is recognized as a reliable partner by the most respected financial market experts. The company has won numerous prestigious awards. The RoboForex group of companies has an international license to provide services from FSC Belize.
| Tickmill | RoboForex | |
|---|---|---|
| Overall Pros | Well-Regulated broker | Trading With Leverage up to 1:2000 |
| Ultra low ECN trading fees | Near 9000 supported trading assets | |
| Any strategy is allowed | Low trading and non trading fees | |
| no-deposit bonus $30 (only for international entety) | Passive income with copy trading | |
| Free deposit and withdrawal | Great bonus programs | |
| ECN trading account | Instant withdrawal of funds | |
| Limited choice of trading assets | Best choice of Forex EA, Forex bots builder | |
| Advanced trading platforms | ||
| Overall Cons | Lack of cryptocurrency tools when trading on the R Trader platform | |
| A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime |
Tickmill vs RoboForex: Safety and Regulation
| Tickmill | RoboForex | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-3 |
Investor protection |
£85,000 €20,000 €100,000 (DE) |
€20,000 |
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 |
No |
Tickmill vs RoboForex: Trading Conditions
| Trading Conditions | Tickmill | RoboForex |
|---|---|---|
Minimum Deposit |
$100 |
$10 |
Trading Platforms |
MT4, MT5 |
MT4, MT5, cTrader, R StocksTrader, RoboForex, |
Max Leverage (Futures) |
1-500 |
1-2000 |
Supported Markets |
Forex, CFDs on indices, commodities, crypto, metals, stocks, bonds |
Forex, Stocks, Indices, ETFs, Groceries, Energy commodities, Metals |
Trading assets |
200+ |
8700+ |
Trading Accounts |
Classic, Pro, VIP, Demo |
Pro, Pro Cent, ECN, Prime |
Base Account Currencies |
USD, EUR, GBP |
USD, EUR |
Tickmill vs RoboForex: Fees
| Tickmill | RoboForex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
1,0 |
0,5 |
Standard acc. spread EUR/USD, max pips |
1,6 |
2 |
ECN Commission |
3 |
2 |
ECN Spread EUR/USD |
0,1 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
0-4 |
Withdrawal fee, USD |
No |
0-1,3 |
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 RoboForex: Trading Assets
| Asset Name | Tickmill | RoboForex |
|---|---|---|
Overall |
200+ |
9700+ trading assets |
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) |
Yes (CFD) |
Bonds |
Yes (CFD) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Tickmill or RoboForex: Investment Programs
| Asset Name | Tickmill | RoboForex |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: RoboForex or Tickmill
| Tickmill | RoboForex | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
Yes |
Appropriate platform |
No |
R StocksTrader, RoboForex Terminals |
Others |
No |
No |
|
|
|
Tickmill vs RoboForex: Deposit and Withdrawal Methods
| Tickmill | RoboForex | |
|---|---|---|
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 RoboForex: Research
| Research Type | Tickmill | RoboForex |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
Yes |
Yes |
Tickmill vs RoboForex: Education
| Education Type | Tickmill | RoboForex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
Yes |
RoboForex vs Tickmill: Support
| Support Features | Tickmill | RoboForex |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Tickmill vs RoboForex: Forex Bonuses and Promo
| Promo | Tickmill | RoboForex |
|---|---|---|
Forex Bonus |
$30 welcome bonus |
Welcome bonus $30 Classic first deposit bonus up to 120% |
Affiliate Program |
Yes |
Up to 40% of trading commissions |
Other Promos |
Trading contests |
|
|
|
|
Top 5 Reviews on RoboForex
-
Comment
I chose RoboForex for its combination of high order execution speed and favorable conditions for investors. Spreads start from 0.2 pips, and leverage goes up to 1:2000 — the highest among regulated brokers. I really like the CopyFx investment platform, which allows you to follow successful traders and diversify risks. Most accounts offer free deposits and withdrawals. RoboForex provides reliable fund protection, including negative balance protection, and also safeguards traders’ interests through a compensation fund of up to €20,000.
-
Comment
I consider RoboForex the best broker in terms of the number of available instruments: over 12,000 financial assets, including currencies, stocks, indices, commodities, ETFs, and cryptocurrencies. The minimum deposit is just $10, making it easy to start even without a large initial capital. Trading is available on popular platforms like MT4, MT5, WebTrader, and R StocksTrader. I was pleasantly surprised by the instant processing of withdrawal requests — funds arrive within an hour. Plus, they have a great loyalty program where each participant can get up to 20% commission cashback.
-
Comment
I work with RoboForex because of its high reliability and the wide range of features it offers for active traders. The broker is regulated by the FSC (Belize) and is also a member of The Financial Commission, which provides a compensation fund of up to €20,000. The company has been in the market for over 16 years, which inspires confidence. Key advantages include fast order execution and tight spreads — for most major pairs, spreads consistently stay within 0.2–0.4 pips. The negative balance protection system works flawlessly, and leverage up to 1:2000 allows for efficient capital use.
-
Comment
RoboForex is an excellent choice for those who value a wide range of assets and a low entry threshold. The platform offers five account types: ProCent, Pro, ECN, Prime, and R StocksTrader, as well as a broad selection of account currencies—USD, EUR, GOLD. The minimum trade size starts at 0.01 lots, which is very convenient for testing strategies and managing risks. More than 10 deposit and withdrawal methods are available, including SEPA, bank cards, Skrill, Neteller, AdvCash, Visa/Mastercard, and others. I would also highlight the bonus programs, such as the Welcome Bonus, and the quality mobile version that allows trading and account management from any device.
-
Comment
I’ve been trading with RoboForex for several years and can highlight several strengths of this broker. The minimum deposit is only $10, which allows even beginner traders to test the platform without significant investment. There is a huge selection of instruments—over 12,000—including currency pairs, CFDs on stocks like Apple, Google, Tesla, indices, metals, and ETFs. Leverage up to 1:2000 offers the flexibility to implement a wide range of trading strategies. The EUR/USD spread starts from 0.2 points, and order execution is almost instant thanks to market execution. Another big plus is the instant withdrawal and the CopyFx program, which lets you both copy successful trades and attract referrals with up to 84% commission payouts.
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.