Pepperstone vs Tickmill
Unsure whether Pepperstone or Tickmill is the better match for your trading? This broker comparison between Pepperstone and Tickmill reviews regulation and safety, fees and spreads, platforms and tools, tradable instruments, account features, deposits and withdrawals, and other key factors to help you decide with confidence.
Who is Pepperstone?
Pepperstone is a leading global forex and CFD broker founded in 2010. The company is widely respected for offering ultra-low spreads, fast execution speeds, and institutional-grade trading environment. Pepperstone offers trading on a wide range of global markets through several professional platforms. The official website is www.pepperstone.com.
The minimum deposit required to start trading with Pepperstone is $0.
Who is Tickmill?
Tickmill is a global forex and CFD broker founded in 2014, offering competitive trading conditions and strong regulatory framework. The broker is recognised for its cmpetitively low spreads, fast execution, wide market range, and professional-grade trading environment. The official website is www.tickmill.com.
The minimum deposit required to start trading with Tickmill is $100.
Pepperstone vs Tickmill Side-by-Side Comparison
Pepperstone, established in 2010, operates under the regulation of the ASIC (Australia), FCA (United Kingdom), CySEC (Cyprus), BaFin (Germany), DFSA (Dubai, UAE), CMA (Kenya) and SCB (Bahamas). The company maintains local offices in Melbourne, London, Düsseldorf, Dubai, Limassol, Nassau and Nairobi. Pepperstone traders gain access to different trading platforms, such as MT4, MT5, cTrader, TradingView and Pepperstone App.
To open an account with Pepperstone, traders can make a deposit of any amount they wish, as the broker has a minimum deposit of $0. Notably, accounts can be opened in various base account currencies, including USD, EUR, GBP, CAD, CHF, NZD, SGD, HKD, AUD and JPY. Further, Pepperstone operates under an A-Book / ECN / No-dealing-desk execution model and supports copy trading through various platforms. Payment options available to use include credit & debit cards (Visa/Mastercard), bank transfers, e-wallets (PayPal, Neteller, Skrill), Apple Pay, Google Pay, UnionPay and crypto.
In comparison, Tickmill, founded in 2014, holds authorisations from the FCA (UK), CySEC (Cyprus), DFSA (UAE), FSA (Seychelles) and FSCA (South Africa). The company's offices are located in Johannesburg, Victoria, London, Dubai and Limassol. Tickmill avails several trading platforms, which include MT4, MT5, TradingView and Tickmill Trader.
The minimum deposit required by Tickmill is $100, with base currencies including USD, EUR, GBP, PLN, CHF and ZAR. Further, the broker follows a hybrid model (A+B Book), and supports copy trading through Tickmill Social Trading and ZuluTrade. Clients can deposit and withdraw funds using credit and debit cards, bank transfers, crypto, e-wallets (Skrill, Neteller, Paypal, Trustly) and crypto.
Pepperstone vs Tickmill Market Instruments
Pepperstone offers traders 1,400+ instruments, providing CFDs on forex, indices, shares, commodities, etfs and cryptocurrencies. Breaking this down, we find 90+ forex pairs, 1,100+ stocks, 20+ indices, 40+ commodities and 20+ crypto instruments.
By contrast, Tickmill provides 600+ tradable instruments, covering CFDs on forex, stocks, indices, commodities, etfs and cryptocurrencies. These include 60+ forex pairs, 490 stocks, 19 indices, 19 commodities and 13 crypto pairs.
Pepperstone vs Tickmill Account Types
Pepperstone vs Tickmill Spreads Comparison
This comparison focuses on minimum and average spreads on standard accounts for Pepperstone and Tickmill. Actual spreads vary with account type, liquidity, and market volatility, so it is wise to verify the latest figures on each broker’s website before placing trades.
For minimum spreads on major forex pairs, Pepperstone shows EUR/USD spreads from 1.0 pips and GBP/USD from 1.0 pips. Meanwhile,Tickmill shows 1.6 pips and 1.6 pips respectively. On USD/CAD and CAD/JPY, Pepperstone quotes 1.1 pips and 1.2 pips respectively. On the other hand Tickmill quotes 1.6 pips and 1.6 pips for the same pairs.
For non-forex markets, Pepperstone provides XAU/USD (Gold) with spreads from $0.05, WTI from $0.02, and Bitcoin from $14. Tickmill does not disclose minimum spreads for these markets.
On average spreads, Pepperstone reports EUR/USD around 1.1 pips and GBP/USD around 1.3 pips, with Gold near $0.15. Tickmill does not provide data about the average spreads.
Pepperstone vs Tickmill Minimum Spreads Comparison
Pepperstone vs Tickmill Average Spreads Comparison
Costs on Raw/Zero Spread Account
Both Pepperstone and Tickmill provide raw/zero spread accounts. In this comparison, costs reflect the minimum spreads for these accounts and the per-side per lot commissions that compensate brokers for ultra-low pricing. Because spreads change with liquidity and volatility, always verify the latest figures on the broker’s website.
Pepperstone features a minimum spread of 0.0 pips with a commission of $3.5 (can vary dependin on the trading platform) per side per lot. Comparatively, Tickmill quotes spreads from 0.0 pips and a commission of $3.0 (changes with trading platform used) per side per lot.
Other Features
Pepperstone vs Tickmill: Wrapping Up the Comparison
Pepperstone and Tickmill are both globally regulated brokers, founded in 2010 and 2014, respectively. Pepperstone is regulated by the ASIC (Australia), FCA (United Kingdom), CySEC (Cyprus), BaFin (Germany), DFSA (Dubai, UAE), CMA (Kenya) and SCB (Bahamas), while Tickmill is overseen by the FCA (UK), CySEC (Cyprus), DFSA (UAE), FSA (Seychelles) and FSCA (South Africa).
Pepperstone stands out with a $0 minimum deposit. Traders can choose between a Standard account and a Raw Spread account (called Razor), and the broker also provides a demo account along with a swap-free option. Copy trading is also available at Pepperstone through various platforms. To place orders, clients can use a variety of trading platforms such as MT4, MT5, cTrader, TradingView and Pepperstone App. The product list at Pepperstone reaches 1,400+ instruments.
Tickmill sets a higher minimum deposit of $100. The broker offers Standard and Raw Spread accounts, and provides a demo account and a swap-free option. Copy trading is available on Tickmill via Tickmill Social Trading and ZuluTrade. The broker features several trading platforms, including MT4, MT5, TradingView and Tickmill Trader. The trading instruments available at Tickmill reach 600+ products.
Neither broker provides any additional account types beyond the ones mentioned. Cost-wise, Pepperstone lists a minimum EUR/USD spread from 1.0 pips, while Tickmill starts from 1.6 pips.
In short, Pepperstone suits traders seeking more competitive minimum spreads, disclosed average spreads and a broader instrument range, whereas Tickmill may appeal to those who can meet a higher minimum deposit and who value slightly lower commissions on its Raw account.
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