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
Australia Seychelles ASIC, CySEC, FCA, SCB CySEC, FCA, FSA, FSCA 2009 2014 ECN/STP, Market Maker ECN/STP, Market Maker $100 €100 N/A MetaTrader 4, MetaTrader 5, Trading View MetaTrader 4, MetaTrader 5, Web-based 1.0 pips 0.1 pips ($1.00) 1.2 pips 0.3 pips ($3.00) $0.03 $0.04 $0.12 $0.09 $7.00 per Round Lot N/A Visit Website Visit Website
Features and Platforms
N/A N/A Visit Website Visit Website
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
N/A N/A N/A N/A Visit Website Visit Website
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
1.0 pips 0.1 pips ($1.00) 1.2 pips 0.3 pips ($3.00) $0.03 $0.04 $0.12 $0.09 $12 $24.90 $7.00 per Round Lot N/A N/A No N/A Visit Website Visit Website
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
Australia, The Bahamas, Cyprus, United Kingdom United Arab Emirates, Cyprus, Seychelles, United Kingdom, South Africa, Labuan ASIC, CySEC, FCA, SCB CySEC, FCA, FSA, FSCA 391441, 40377, 246/14, 921296 717270, 278/15, F007663, 49464, SD008, MB/18/0028 N/A 1, 1, 2, 2, 4, 5 Visit Website Visit Website
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.
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