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Tickmill vs TD Direct Investing : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Tickmill

Tickmill

VS
TD Direct Investing

TD Direct Investing

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Broker Overview

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

Both market maker and STP broker

None

Years of Existence / Established Year

2014

1984

Customer Base / Number of Accounts

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

17 M


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Regulation & Security

Regulations (governing bodies)

FSA, FCA, FSCA, CySEC,DFSA

CIPF, CIRO

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

No major awards listed

Security Measures

FSCS, ICF

CIPF

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

Fixed income investments, GICs

Currency Pairs

Yes

No

Commodities

Yes

No

Indices

Yes

No

Cryptocurrencies

Yes

Yes

CFDs

Yes

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

No

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

Yes


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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

No

Other Trading Platforms (proprietary, etc.)

Tick mill trader app

TD app, web trader, Advanced dashboard, TD active trader

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

Margin account, cash trading account, TFSA, RSP, RESP, RIF, LIRA, LIF, RDSP

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$0

Leverage Available

1:1 to 1:1000

No

Trade Limit (maximum per trade)

100 lots

Depends on asset types

Commission (per account type)

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

NA

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

Beginner to experienced traders

Beginners and experienced traders


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Deposit & Withdrawal Options

Deposit Methods

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

Direct bank account, Check

Withdrawal Methods

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

SWIP, Wire payment

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

Learning Centre - Investing Education, Market Insights and Analysis, Webinars, Investing Guides, Video Tutorials, TD Direct Investing Community Forum


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Fees & Commissions

Trading-Related Fees

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

Commission -mutual funds- $0 , IPOs, Equities- $7.00- $9.99, Stock - $3- $43, Bonds- $40 + $1.50/1,000

Spread (typical, fixed, variable)

Variable

NA

Per Lot Fees

$3

NA

Options Contract Fees

NA

$9.99 + $1.25 per contract

Futures Contract Fees

$0.85

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

No


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Non-Trading Fees

Dormant Fees

$0

NA

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

$2-$5

Account Opening Fee

NA

Applicable, Depends on account types

Account Maintenance Fee

$0

$25 per quarter

Deposit Fee

$0

$17.50 U.S

Currency Conversion Fee

NA

2.50%

Withdrawal Fee

$0

$30-$100


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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

Pre-market trading hours (8 a.m. to 9:30 a.m. ET) and after-hours trading (4 p.m. to 8 p.m. ET)


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Customer Support

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

24/7

Monday to Friday, 7 am to 10 pm ET

Customer Support Methods (phone, email, live chat)

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

Phone: 1-800-465-5463, , Book an appointment

Support Languages

15+

4


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Additional Information

Headquarters Location

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

66 Wellington Street West, Toronto, ON M5K 1A2

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.
While Tickmill maintains low trading fees with no minimum deposit, TD Direct Investing includes some charges for premium features and certain asset trades, making Tickmill the better option for budget-focused traders.
Tickmill makes starting out easy with a simple application, especially for retail clients. TD Direct Investing platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.
If you're looking for platform speed and ease of execution, Tickmill delivers a smooth experience. TD Direct Investing, however, is tailored toward traders who want deeper analysis tools and portfolio insights.
Tickmill caters to serious traders who value advanced features, whereas TD Direct Investing appeals to beginners due to its user-friendly platform.