TradingCritique

Select Your Brokers to Compare

Tickmill vs Interactive Brokers

Broker Name

Tickmill

Tickmill

VS
Interactive Brokers

Interactive Brokers

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Both market maker and STP broker

Market maker

Years of Existence / Established Year

2014

1993

Customer Base / Number of Accounts

134,000+ newly registered accounts, 75,000+ new active clients

3.12M


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Regulation & Security

Regulations (governing bodies)

FSA, FCA, FSCA, CySEC,DFSA

SEC, FINRA, NYSE, FCA, FINMA, CFTC, MAS, SFC, CBI, IIROC, JFSA, MiFiD

Awards Won (count for the last 2 years)

ForexBrokers.com Annual Forex Broker Review 2024, Best Trading Spread Brokersview 2024, Rankia Argentina 2024, Best Spreads for Gold Trading FX Empire 2024, Best Spreads in the UK FX Empire 2024, Finance Magnates Africa Summit 2023

Best Online Broker for Advanced Traders in 2024, Professional Trading 2024, #1 Best Online Broker in 2023, Best for Advanced Traders, Best Online Broker in 2024, Best Stock Broker for International Trading

Security Measures

FSCS, ICF

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

500+ stocks and ETFs

150 Markets including Forecast and event contracts, Spot currencies,US spot Gold, Hedge funds

Currency Pairs

Yes

Yes

Commodities

Yes

No

Indices

Yes

No

Cryptocurrencies

Yes

Yes

CFDs

Yes

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

Yes

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

Yes

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Tick mill trader app

IBKR global Trader, Client Portal, Desktop, Mobile, Trader workstation, APIs, Forecast Trader, IMPACT

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Classic, Raw, Tickmill trader raw account for Forex and CFDs

Individual, Joint, Trust, IRA and UGMA/UTMA Accounts, Non-Professional Advisor Accounts, Family Office Accounts, Small Business Accounts, Advisor Accounts, Money Manager Accounts, Broker & FCM Accounts, Proprietary Trading Group Accounts, Hedge Fund & Mutual Fund Accounts, Compliance Officers, Administrators, Institutional Hedge Fund Investors

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$100

$0

Leverage Available

1:1 to 1:1000

10:1 to 50:1

Trade Limit (maximum per trade)

100 lots

EUR 5,000,000

Commission (per account type)

Tickmill trader raw account- $3.50 per lot per side, Raw account- $3 per lot per side, Classic account -$0

$0

Best Suited For (e.g., beginners, experienced traders)

Beginner to experienced traders

Beginner to advanced traders


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, Crypto payments, Visa/ Mastercard, Union pay, e-wallets

ACH transfer, Link a new bank account, Bank wire, Transfer from wise balance, Scan a check , Mail a check, SEPA

Withdrawal Methods

Bank transfer, Crypto payments, Visa/ Mastercard, Union pay, e-wallets

ACH, Check, Direct debit, Transfer to wise balance, Canadian ETF transfer, SEPA

Other E-Wallets Supported

Skrill, Neteller, Stic Pay, FasaPay, Web money

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education, Market Analysis, Webinars, eBooks and Guides, Video Tutorials, Tickmill Analytics Market Insights

Traders' Academy (Online Courses), IBKR Webinars, Market Insights and Analysis, Trader's University (Video Tutorials), IBKR Quant Blog (Quantitative Trading), Customer Education (Trading Guides)


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Fees & Commissions

Trading-Related Fees

Spread classic account- 1.6 pips, Raw account - 0.0pips

IBKR Lite: Commission-free U.S. stocks, ETFs, and specific mutual funds, IBKR Pro: $0.005 per share, minimum $1 per trade

Spread (typical, fixed, variable)

Variable

Fixed spread

Per Lot Fees

$3

NA

Options Contract Fees

NA

$0.65/contract

Futures Contract Fees

$0.85

$0.85

Markup Fees on Spread

NA

$1.50

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

50:1


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

It depends up on the account type

Swap Fees (Overnight Financing)

Yes

over $10 million free

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

NA

$0.03

Withdrawal Fee

$0

$10 outgoing wire transfer fee


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Monday from 00:02 until 24:00, from Tuesday 00:00 to Thursday 24:00 and on Friday from 00:00 until 23:58

9:30 AM - 4:00 PM ET, Monday through Friday Overnight trading hours: 8:00 PM ET - 3:50 AM ET, Sunday through Friday


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/7

Customer Support Methods (phone, email, live chat)

Client Support phone : +852 5808 7849, Email: [email protected], Live chat

Phone: 1 (888) 919-0022, E-mail: [email protected], Live chat

Support Languages

15+

33


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Additional Information

Headquarters Location

3rd Floor, 27 - 32 Old Jewry Tickmill London, Greater London EC2R 8DQ GB.

Greenwich, Connecticut

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Tickmill is known for competitive pricing on basic trades, especially for beginners. However, Interactive Brokers fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
Account approval at Tickmill is usually completed within hours, often with automated ID checks. Interactive Brokers might take longer due to manual reviews, but provides in-depth onboarding support along the way.
Tickmill provides a modern trading experience with its proprietary or MT4/MT5 platform, ideal for technical traders. Interactive Brokers, on the other hand, offers more research tools and is better suited for data-driven investors.
For market veterans, Tickmill brings the tools they need. New investors might find Interactive Brokers more approachable and cost-effective.