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Firstrade vs Tickmill : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Firstrade

Firstrade

VS
Tickmill

Tickmill

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Broker Overview

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

STP broker

Both market maker and STP broker

Years of Existence / Established Year

1985

2014

Customer Base / Number of Accounts

1Million

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


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

FSA, FCA, FSCA, CySEC,DFSA

Awards Won (count for the last 2 years)

Best Online Brokers, Best for Options Traders award.

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

Security Measures

SIPC

FSCS, ICF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

2200+ ETFs including CDs, Treasury bills, Notets and bonds, Primary market CDs, Zeros and strips and more

500+ stocks and ETFs

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

Yes- Through ETFs

Yes

Cryptocurrencies

Yes- Through ETFs

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

Yes

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

Yes

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

Yes

Yes

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Firstrade platform

Tick mill trader app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Brokerage account- Individual, Joint, Custodial, Retirement- Retirement (Traditional IRA, Roth IRA, SEP IRA), Corporate, Trust, International, Education Planning, Business Planning

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

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$100

Leverage Available

No

1:1 to 1:1000

Trade Limit (maximum per trade)

Depends on asset class

100 lots

Commission (per account type)

$0

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

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

Both beginners and experienced traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Wire Fund Transfer, Check deposit, Asset transfer, ACH electronic transfer

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

Withdrawal Methods

Wire Fund Transfer, Check Deposit, Asset transfer, ACH electronic transfer, Withdrawal of sales proceed

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

Other E-Wallets Supported

No

Skrill, Neteller, Stic Pay, FasaPay, Web money


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Education Center, Investment Education Videos, Option Guide, Margin Guide, Webinars, Tax center, Blogs, Upcoming IPOs

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


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Fees & Commissions

Trading-Related Fees

Commission for stocks, ETFs, Options, Mutual funds- $0, Fixed income- Treasury Bills, Notes & Bonds, Municipal Bonds, Agency Bonds, Secondary Market CDs, Zeros & Strips- Net yield basis, Primary Market CDs- $30, Broker-Assisted Stock & Options Trades- $19.95 (+$0.50/Contract)

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

Spread (typical, fixed, variable)

Typical

Variable

Per Lot Fees

NA

$3

Options Contract Fees

$0

NA

Futures Contract Fees

NA

$0.85

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

1:1000


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

0.20-0.30%

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2-$5

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

3%

NA

Withdrawal Fee

$25-$75

$0


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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)

Pre-Market: 8:00 AM to 9:30 AM ET Regular Market: 9:30 AM to 4:00 PM ET After-Hours: 4:05 PM to 8:00 PM ET

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


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Customer Support

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

Monday - Friday,10am - 4pm ET

24/7

Customer Support Methods (phone, email, live chat)

Phone: U.S. Toll Free: 1-800-869-8800, Outside the US: 1-718-961-6600, E-mail, FAQ, Fax: 1-718-961-3919

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

Support Languages

3

15+


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Additional Information

Headquarters Location

30-50 Whitestone Expwy. Ste. A301 Flushing, NY 11354

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

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.
Firstrade stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Tickmill offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
Firstrade gets you trading faster thanks to its minimal entry barriers. In comparison, Tickmill account setup is slower but includes extra layers of financial screening and suitability assessments.
Firstrade excels in real-time trade execution with minimal latency, whereas Tickmill complements its execution with strong analytical modules and educational support within the platform.
Those seeking technical depth may prefer Firstrade, while Tickmill shines with intuitive design and streamlined features.