Tickmill versus Libertex

Tickmill delivers a competitive MT4/MT5 trading environment thanks to its Advanced Trader Toolkit upgrade, consisting of 13 plugins. Additional cutting-edge trading tools include the Autochartist plugin, and the Acuity Trading Tool, which offers sentiment analysis from the Dow Jones news feed. While low trading costs offer high-frequency traders an edge, social traders benefit from third-party providers Myfxbook AutoTrade and Pelican Trading.

Libertex offers its almost 3.0M traders the core MT4/MT5 and its proprietary mobile app. Its most notable advantage is its competitive pricing environment, and Libertex focuses on millennial and GenZ traders favoring mobile trading. It is evident in the range of trading services available through its mobile app.

I have conducted an in-depth review of Tickmill and Libertex to determine which one presents the better overall choice and which traders will benefit the most at either broker.

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

Headquarters	Saint Vincent and the Grenadines	Seychelles
Regulators	FSA	CySEC, FCA, FSA, FSCA
Tier 1 Regulator(s)?	N/A
Owned by Public Company?	N/A
Year Established	1997	2014
Execution Type(s)	Market Maker	ECN/STP, Market Maker
Minimum Deposit	50$	€100
Trading Platform(s)	MetaTrader 4, MetaTrader 5, Web-based	MetaTrader 4, MetaTrader 5, Web-based
Average Trading Cost EUR/USD	N/A	0.1 pips ($1.00)
Average Trading Cost GBP/USD	N/A	0.3 pips ($3.00)
Average Trading Cost WTI Crude Oil	N/A	$0.04
Average Trading Cost Gold	N/A	$0.09
Retail Loss Rate	85.9%	N/A
Minimum Raw Spreads	Not applicable	N/A
Minimum Standard Spreads	0.1 pips	N/A
Minimum Commission for Forex	0.0003%	N/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
	Get Started	Get Started

Features and Platforms

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

Noteworthy:

Libertex, and its owner Forex Club, have a history of regulatory fines, including the temporary suspension of its CySEC license. Tickmill closes dormant accounts with a balance below $10 and donates proceeds to charity.

Available Markets

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

Neither broker offers a high quantity of trading instruments, both provide traders with assets in most sectors, and Tickmill takes the overall lead amid a broader balance. Libertex provides cryptocurrency traders with significantly more choices, catering to demand from its core market. Traders at both get a sector introduction ideal for focused strategies.

Typical Spreads and Fees

Average Trading Cost EUR/USD	N/A	0.1 pips ($1.00)
Average Trading Cost GBP/USD	N/A	0.3 pips ($3.00)
Average Trading Cost WTI Crude Oil	N/A	$0.04
Average Trading Cost Gold	N/A	$0.09
Average Trading Cost Bitcoin	N/A	$24.90
Minimum Raw Spreads	Not applicable	N/A
Minimum Standard Spreads	0.1 pips	N/A
Minimum Commission for Forex	0.0003%	N/A
Deposit Fee		N/A
Withdrawal Fee		N/A
	Get Started	Get Started

Traders get access to raw spreads of 0 pips at both brokers for a highly competitive commission of $4.00 per 1 standard lot. Equity trading is commission-free at Tickmill and Libertex, but the latter offers volume-based commission rebates. Therefore, active, high-frequency traders can usually achieve lower overall trading costs at Libertex.

Security and Trust

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

Negative balance protection and segregation of client deposits from corporate funds apply at both, but Tickmill presents a more secure and trustworthy trading environment. Libertex had its CySEC license temporarily revoked. Most international traders will deal with the unregulated unit in St. Vincent and the Grenadines, operated jointly by Forex Club and Mauritius FSC-licensed MAEX Limited.

Libertex vs Tickmill – Verdict

Libertex

Pros	Cons
23+ year operational history	Questionable regulatory history and numerous fines for violations
Competitive spreads, high leverage, and competitive cryptocurrency selection	Limited overall asset selection and few deposit methods
3-hour trading course for beginner traders	Inactivity fee after 90 days
Welcome bonus and loyalty Program

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

Tickmill offers a high-quality environment with upgraded trading platforms, cutting-edge tools, and low trading costs. High-volume traders benefit from the rebate program, and beginners get quality education and research. Libertex provides a better cryptocurrency selection and mobile trading experience. It has quality trading tools aimed at millennial and GenZ traders, plus low trading costs. Overall, Tickmill offers better trading conditions catering to active, demanding clients.

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

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• Tickmill vs EuropeFX
• Tickmill vs Pepperstone

Read full Libertex Review

Read full Tickmill Review