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TICKMILL , Fortrade Broker Comparison

Do you want to know which is the better broker between TICKMILL and Fortrade ?

In the table below, you can compare the features of TICKMILL , Fortrade side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official Website
Basic Information
Est. Date (years)
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed (ms)
Minimum Execution Latency (ms)
Minimum Open Latency (ms)
Minimum Close Latency (ms)
Maximum Execution Latency (ms)
Maximum Open Latency (ms)
Maximum Close Latency (ms)
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost (USD/Lot)
Swap
Swap Rating
  • Average Swap Cost (USD/Lot)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time (ms)
Account Info
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
7.29
Regulated
Not Guaranteed
10-15 years
FCA,CYSEC,FSCA
Supported
Supported
Bank transfer,Skrill,VISA mastercard,CRYPTO PAYMENTS,Neteller,UnionPay
AAA
AA
349.7
12
12
12
1746
1746
1518
A

EURUSD:0.1

EURUSD:-1.9

25
-1
25
AAA

EURUSD:3.26

XAUUSD:10.94

AAA

EURUSD: -5.85 ~ 3.25

XAUUSD: -52.33 ~ 38.92

A
0.1
150.5
--
100
1:1000
From 0.0
--
--
0.01
--
8.61
Regulated
Not Guaranteed
10-15 years
ASIC,FCA,CIRO,CYSEC,NBRB
Supported
Not Supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Score
Regulatory Status
Regulated
Regulated

TICKMILL 、 Fortrade BrokerRelated News

TICKMILL 、 Fortrade BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do tickmill and fortrade have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

tickmill
ItemDetails
Founded2014
HeadquartersLondon, UK
RegulationFCA, CySEC, FSCA
Market Instruments60+ forex pairs, commodities, 20+ indices, 500+ stocks & ETFs, bonds, cryptocurrencies, futures & options
Account TypeClassic, Raw, TradingView Raw
Demo Account
Islamic Account
Max LeverageUp to 1:1000
Spread From0.0 pips (Raw account)
Trading PlatformMT4/MT5, TradingView, Tickmill Trader
Copy/Social Trading
Min Deposit100 USD/EUR/GBP/ZAR
Payment MethodBank transfer, cards, e-wallets (region dependent)
Deposit & Withdrawal Fee❌ (wire fees reimbursed up to $100 for deposits above $5,000)
Customer SupportEmail, Live Chat, regional channels
Regional RestrictionUS

Tickmill Information

Tickmill is a globally regulated forex and CFD broker established in 2014 and headquartered in London, UK. The company provides access to a wide range of financial markets, including forex, commodities, indices, cryptocurrencies, stocks & ETFs, bonds, as well as futures and options (available under Tickmill UK Ltd).

Tickmill offers over 600 CFDs and supports multiple trading platforms such as MetaTrader 4/5, TradingView, and its proprietary Tickmill Trader. The broker is known for its ultra-fast execution (average 0.15 seconds), tight spreads, and competitive pricing structure.

Tickmill Information

What Type of Broker is Tickmill?

Tickmill operates as an NDD broker (No Dealing Desk).

This means all client orders are executed directly in the market without dealer intervention.

Key characteristics include:

  • Direct access to liquidity providers
  • Transparent pricing model
  • Reduced conflict of interest
  • Fast execution speeds

This structure is particularly suitable for traders who prioritize low spreads, high execution speed, and stable trading conditions.

Pros & Cons

Pros

  • Regulated by multiple authorities (FCA, CySEC, FSCA)
  • Tight spreads from 0.0 pips
  • Low commissions (from $3/lot per side)
  • High leverage up to 1:1000
  • Supports MT4, MT5, TradingView
  • Wide range of instruments (600+ CFDs)
  • Fast execution (0.15 sec average)

Cons

  • Does not accept US clients
  • Futures & options only available under UK entity
  • Some payment methods are region-specific

Is Tickmill Safe?

Tickmill is regulated by several recognized financial authorities, including:

  • FCA (UK) – License No. 717270
  • CySEC (Cyprus) – License No. 278/15
  • FSCA (South Africa) – License No. 49464

These licenses indicate that Tickmill operates under established regulatory frameworks and compliance standards.

How are You Protected?

Tickmill implements multiple industry-standard protection measures:

Protection MeasureDetail
RegulationFCA, CySEC, FSCA
Segregated AccountsClient funds are held separately from company funds
Negative Balance ProtectionClients cannot lose more than their balance
SSL EncryptionData protection and security
AML PoliciesAnti-money laundering compliance

Based on official disclosures, Tickmill provides a structured environment designed to support both fund safety and trading stability.

Market Instruments

Tickmill offers a broad range of tradable assets:

Asset ClassDetails
Forex60+ currency pairs, leverage up to 1:1000
CommoditiesMetals & energies, low spreads
CryptocurrenciesBitcoin, Ethereum, leverage up to 1:200
Indices20+ global indices
Stocks & ETFs500+ instruments
BondsGovernment bonds
Futures & OptionsS&P 500, DJIA, NASDAQ (UK entity only)

Account Type/Fees

Tickmill provides three main account types:

Account TypeClassicRawTradingView Raw
Min Deposit100100100
Base CurrencyUSD, EUR, GBP, ZARUSD, EUR, GBP, ZARUSD
Spread From1.6 pips0.0 pips0.0 pips
Max Leverage1:10001:10001:1000
Commission$3/lot/side$3.5/lot/side

All accounts support Islamic (swap-free) options.

Account Type/Fees

How to Open an Account?

Step 1: RegisterCreate an account and verify your email

Step 2: Upload DocumentsSubmit identity and address verification

Step 3: Fund & TradeDeposit funds, choose platform, start trading

Leverage

Tickmill offers flexible leverage depending on asset class:

Asset ClassMax Leverage
Forex1:1000
Commodities1:1000
Indices1:100
Cryptocurrencies1:200
Stocks & ETFs1:20

⚠️ Higher leverage increases both potential profit and risk.

Trading Platforms

Tickmill supports multiple trading platforms:

MetaTrader 4 (MT4)

  • Advanced charting tools
  • Expert Advisors (EAs)
  • Desktop & mobile support

MetaTrader 5 (MT5)

  • More timeframes and order types
  • Built-in economic calendar
  • Enhanced analytics

TradingView

  • 110+ drawing tools
  • 400+ indicators
  • Social trading community

Tickmill Trader

  • 60+ indicators
  • Custom watchlists
  • Biometric login

Deposits & Withdrawals

Tickmill provides flexible funding options:

  • Minimum deposit: 100 USD
  • Minimum withdrawal: 25 USD
  • Deposit processing: Instant – 1 working day
  • Withdrawal processing: Within 1 working day

Fees:

  • No deposit/withdrawal fees
  • Bank wire fees reimbursed (up to $100 for deposits above $5,000)

Processing time depends on the selected payment method and region.

Deposits & Withdrawals

Conclusion

Tickmill is a well-regulated forex and CFD broker offering competitive trading conditions, including tight spreads, low commissions, and fast execution speeds. With support for multiple platforms such as MT4, MT5, and TradingView, as well as access to over 600 CFDs, it caters to a wide range of trading styles.

Its strong regulatory background, flexible account types, and efficient fund management system make it a suitable choice for both beginner and experienced traders. However, traders should consider regional restrictions and ensure the available features align with their trading needs before opening an account.

fortrade
Fortrade Review Summary
Founded2013
Registered Country/RegionHong Kong
RegulationASIC, FCA, CySEC, CIRO, NBRB
Market InstrumentsCFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries
Demo Account
Islamic Account
LeverageUp to 1:200
EUR/USD SpreadFloating around 2.5 pips
Trading PlatformFortrader, MT4
Min Deposit€/$/£ 100
Payment MethodsMasterCard, Visa, Skrill, Neteler, PayPal
Customer Support24/5 live chat, contact form
Tel: +44 204 571 7564
Email: infomu@fortrade.com, support@fortrade.com
Facebook/Twitter/YouTube
Restricted RegionsThe United States and Belgium

Fortrade Information

Founded in 2013, Fortrade is a regulated mult-asset broker registered in Hong Kong, offering trading in CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries on Fortrader and MT4 trading platforms.

Fortrade Information

Pros and Cons

Pros Cons
24/5 live chat supportNo 24/7 customer support
Regulated wellClients from the United States and Belgium are not accepted
MT4 availableWide EUR/USD spread
Demo accounts availableNegative comments about the difficulty in withdrawing money
Various tradable instruments
Swap free

Is Fortrade Legit?

Fortrade currently holds multiple regulatory licenses, including

  • Australia Securities & Investment Commission (ASIC)
  • Financial Conduct Authority (FCA)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Canadian Investment Regulatory Organization (CIRO)
  • National Bank of the Republic of Belarus (NBRB)
Regulated CountryRegulated byRegulated EntityLicense TypeLicense No.
ASICFORT SECURITIES AUSTRALIA PTY. LTD.Market Making(MM)000493520
FCAFortrade LimitedMarket Making(MM)609970
CySECFortrade Cyprus LtdMarket Making(MM)385/20
CIROFortrade Canada LimitedMarket Making(MM)Unreleased
NBRBFort Securities BLR Limited Liability CompanyRetail Forex License193075810

Regulated by ASIC
Regulated by FCA
Regulated by CySEC
Regulated by CIRO
Regulated by NBRB

What Can I Trade on Fortrade?

Fortrade offers a wide range of market instruments, including CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries.

Tradable InstrumentsSupported
CFDs
Currencies
Stocks
Indices
Precious metals
Energy products
Agriculture products
US treasuries
Cryptocurrencies
Bonds
Options
ETFs

Account Type

Fortrade provides demo accounts and Islamic accounts.

The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Islamic users are allowed to open Islamic accounts with no swap fees. Clients following the Muslim faith can open a forex & CFD trading account without any rollover interests on overnight positions swap interests).

Leverage

The maximum leverage is 1:200, meaning that profits and losses are magnified 200 times. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Fortrade cooperates with the authoritative MT4 trading platform and a propriety trading platform - Fortrader, available on the Web, Windows, and Mobile (iOS and Android).

Trading PlatformSupported Available Devices Suitable for
FortraderWeb/Mobile (iOS/Android)-
MT4Web/Windows/Mobile (Android)Beginners
MT5-Experienced traders
Fortrader
MT4

Deposit and Withdrawal

The minimum deposit is €/$/£ 100. Fortrade accepts Mastercard, Visa, Skrill, Neteller, and PayPal for deposit and withdrawal.

Deposit and Withdrawal

Do tickmill and fortrade have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive tickmill and fortrade are, we first considered common fees for standard accounts. On tickmill, the average spread for the EUR/USD currency pair is From 0.0 pips, while on fortrade the spread is --.

Which broker between tickmill, fortrade is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

tickmill is regulated by FCA,CYSEC,FSCA. fortrade is regulated by ASIC,FCA,CIRO,CYSEC,NBRB.

Which broker between tickmill, fortrade provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

tickmill provides the TRADINGVIEW RAW,RAW,CLASSIC platform with products like --; fortrade offers the -- platform featuring assets including --.

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