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Firstrade vs Tickmill : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Firstrade
Tickmill
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
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
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
Exchange Traded Notes (ETNs)
Yes
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
Yes
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
Yes
Yes
cTrader
No
No
Social Trading
Yes
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
Firstrade platform
Tick mill trader app
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
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
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
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
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
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
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
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
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+
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
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