Comparison
Tickmill versus Eightcap

Tickmill versus Eightcap

Eightcap offers traders the core MT4/MT5, supporting algorithmic and social trading. It upgrades them via the Amazing Trader plugin and access to the active TradingView community. The cutting-edge Capitalise AI service provides traders with a code-free environment to automate trading strategies.

Features and Platforms
Available Markets
Typical Spreads and Fees
Security and Trust
Tickmill versus Eightcap - Verdict


Headquarters	Australia	Seychelles
Regulators	ASIC, CySEC, FCA, SCB	CySEC, FCA, FSA, FSCA
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established	2009	2014
Execution Type(s)	ECN/STP, Market Maker	ECN/STP, Market Maker
Minimum Deposit	$100	€100
Negative Balance Protection		N/A
Trading Platform(s)	MetaTrader 4, MetaTrader 5, Trading View	MetaTrader 4, MetaTrader 5, Web-based
Average Trading Cost EUR/USD	1.0 pips	0.1 pips ($1.00)
Average Trading Cost GBP/USD	1.2 pips	0.3 pips ($3.00)
Average Trading Cost WTI Crude Oil	$0.03	$0.04
Average Trading Cost Gold	$0.12	$0.09
Minimum Commission for Forex	$7.00 per Round Lot	N/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
	Get Started	Get Started

Features and Platforms


MT4
MT5
MT4/MT5 Add-Ons		N/A
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading		N/A
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
	Get Started	Get Started

Noteworthy:

Both brokers offer VPS hosting, supporting algorithmic traders seeking 24/7 market access. While Tickmill does not charge an inactivity fee, it closes dormant accounts with less than $10 and donates the proceeds to charity.

Available Markets


Currency Pairs		N/A
Cryptocurrencies		N/A
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
Bonds		N/A
ETFs
Options		N/A
Futures
Synthetics
	Get Started	Get Started

Eightcap offers trades 801 trading instruments, including 122 cryptocurrency CFDs, making it a leader in this category. Equity trading is available at both brokers, but the asset selection focuses on large-cap names trending on social media. Forex traders get better exposure at Tickmill, but Eightcap maintains an overall higher quality list of assets.

Typical Spreads and Fees


Average Trading Cost EUR/USD	1.0 pips	0.1 pips ($1.00)
Average Trading Cost GBP/USD	1.2 pips	0.3 pips ($3.00)
Average Trading Cost WTI Crude Oil	$0.03	$0.04
Average Trading Cost Gold	$0.12	$0.09
Average Trading Cost Bitcoin	$12	$24.90
Minimum Commission for Forex	$7.00 per Round Lot	N/A
Withdrawal Fee		N/A
Inactivity Fee	No	N/A
	Get Started	Get Started

Traders preferring a commission-free cost structure get lower costs at Eightcap. The commission-based alternatives at Eightcap and Tickmill are competitive. Tickmill takes the lead with notably lower commissions and a volume-based rebate program, making it a better choice for active, high-volume traders.

Security and Trust


Country of the Regulator	Australia, The Bahamas, Cyprus, United Kingdom	United Arab Emirates, Cyprus, Seychelles, United Kingdom, South Africa, Labuan
Name of the Regulator	ASIC, CySEC, FCA, SCB	CySEC, FCA, FSA, FSCA
Regulatory License Number	391441, 40377, 246/14, 921296	717270, 278/15, F007663, 49464, SD008, MB/18/0028
Regulatory Tier	N/A	1, 1, 2, 2, 4, 5
	Get Started	Get Started

Eightcap and Tickmill segregate client deposits from corporate funds, offer negative balance protection, and maintain a clean regulatory record. Both brokers have subsidiaries, one in the UK and one in Cyprus, offering investor compensation funds. Eightcap and Tickmill provide equally secure, trustworthy, and reliable trading environments.

Eightcap vs Tickmill – Verdict

Eightcap

Pros	Cons
Innovative trading tools focused on algorithmic trading	Below-average Forex selection
Balanced asset selection and leading cryptocurrency broker
Competitive commission-based cost structure and deep liquidity
Quality educational content and research for beginner traders

Tickmill

Pros	Cons
Outstanding trading costs and volume-based rebate program	Limited asset selection
Upgraded MT4/MT5 trading platforms plus Autochartist
High-quality educational tools and daily research
High leverage and choice of third-party social trading providers

The trading environments at Eightcap and Tickmill are highly competitive. Traders get the MT4/MT5 trading platforms at both brokers, where Tickmill provides a broader upgrade package. However, Eightcap offer higher quality algorithmic trading tools. The asset selection is better at Eightcap, trading costs are lower at Tickmill, and both maintain quality education and research for beginner traders. Overall, Eightcap has the lead due to its support for algorithmic trading.

You might also be interested in reviewing the below broker comparisons:

Read full Eightcap Review

Read full Tickmill Review

FAQs

How good is Tickmill?

Tickmill maintains a quality trading environment and ideal conditions for high-volume Forex traders due to low trading costs and its volume-based rebate program. Its upgraded MT4/MT5 and trading tools add to its appeal.

Is Tickmill a safe broker?

Tickmill ranks among the safest brokers industry-wide, as it complies with five regulators and has a clean track record.

Is Tickmill regulated in the UK?

Tickmill has a regulatory license and office in the UK.

Tickmill has a regulatory license and office in the UK.

Tickmill processes withdrawal requests within one business day, but it can take three to seven days for traders to receive their funds, dependent on the payment processor.

Can I use Tickmill in India?

Tickmill lists no restrictions on Indian traders and accepts account applications from India.