Interactive Brokers vs Tickmill
Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.
4.5
4.5
8 pts
Head to head
Winners by category
Full comparison table
Rating
Interactive Brokers
4.5
Tickmill
4.5
Model score
Interactive Brokers
80
Tickmill
88
Regulation
Interactive Brokers
Highly trusted and authorized by eight Tier-1 regulators. Key regulatory bodies include the SEC and FINRA (USA), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), and JFSA (Japan).
Tickmill
FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), Labuan FSA (Malaysia)
Spreads
Interactive Brokers
Instead of marking up spreads, IBKR aggregates liquidity from top global banks to provide raw, interbank spreads. Orders are executed using IBKR's SmartRouting technology to ensure the best available prices.
Tickmill
Spreads from 0.0 pips on Pro and VIP accounts; average EUR/USD spread ~0.1 pips (+ commission). Equinix LD4 server routing provides low-latency execution under 0.20 seconds.
Fees
Interactive Brokers
Excellent transparent pricing structure. There are no monthly inactivity fees or account maintenance fees. Forex trading uses a commission-based model starting at 0.20 basis points (0.002%) of trade value, with a typical minimum of $2.00 per order ($4.00 round turn).
Tickmill
Pro Account: $2 per side ($4 round turn) per 100,000 traded + raw spreads from 0.0 pips. VIP Account: $1 per side ($2 round turn) per lot. Classic Account: Spread-only with zero commission.
Platforms
Interactive Brokers
ncludes the advanced Trader Workstation (TWS) desktop platform, the streamlined IBKR Desktop, IBKR Mobile, and the beginner-friendly IBKR GlobalTrader app. It also supports TradingView for advanced charting.
Tickmill
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Tickmill Mobile App, WebTrader
Account types
Interactive Brokers
Offers Individual, Joint, Trust, IRA, and various Institutional/Corporate accounts. Pricing is broadly split into IBKR Lite (commission-free for U.S. equities) and IBKR Pro (designed for active traders with advanced order routing).
Tickmill
Pro, Classic, VIP, Islamic (Swap-Free), Demo Account
Min deposit
Interactive Brokers
$0 for standard individual cash or retirement accounts. (Note: Accessing margin trading requires a minimum net liquidating value of $2,000, and institutional/advisor accounts require $10,000).
Tickmill
$100 (Pro & Classic) / $50,000 (VIP)
| Topic | Interactive Brokers | Tickmill |
|---|---|---|
| Rating | 4.5 | 4.5 |
| Model score | 80 | 88 |
| Regulation | Highly trusted and authorized by eight Tier-1 regulators. Key regulatory bodies include the SEC and FINRA (USA), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), and JFSA (Japan). | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), Labuan FSA (Malaysia) |
| Spreads | Instead of marking up spreads, IBKR aggregates liquidity from top global banks to provide raw, interbank spreads. Orders are executed using IBKR's SmartRouting technology to ensure the best available prices. | Spreads from 0.0 pips on Pro and VIP accounts; average EUR/USD spread ~0.1 pips (+ commission). Equinix LD4 server routing provides low-latency execution under 0.20 seconds. |
| Fees | Excellent transparent pricing structure. There are no monthly inactivity fees or account maintenance fees. Forex trading uses a commission-based model starting at 0.20 basis points (0.002%) of trade value, with a typical minimum of $2.00 per order ($4.00 round turn). | Pro Account: $2 per side ($4 round turn) per 100,000 traded + raw spreads from 0.0 pips. VIP Account: $1 per side ($2 round turn) per lot. Classic Account: Spread-only with zero commission. |
| Platforms | ncludes the advanced Trader Workstation (TWS) desktop platform, the streamlined IBKR Desktop, IBKR Mobile, and the beginner-friendly IBKR GlobalTrader app. It also supports TradingView for advanced charting. | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Tickmill Mobile App, WebTrader |
| Account types | Offers Individual, Joint, Trust, IRA, and various Institutional/Corporate accounts. Pricing is broadly split into IBKR Lite (commission-free for U.S. equities) and IBKR Pro (designed for active traders with advanced order routing). | Pro, Classic, VIP, Islamic (Swap-Free), Demo Account |
| Min deposit | $0 for standard individual cash or retirement accounts. (Note: Accessing margin trading requires a minimum net liquidating value of $2,000, and institutional/advisor accounts require $10,000). | $100 (Pro & Classic) / $50,000 (VIP) |