Pepperstone
Tickmill

Regulations and Licenses

Feature
Pepperstone
Tickmill
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
DFSA (Dubai)
BaFin (Germany)
CMA (Kenya)
FSA (Seychelles)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
Tickmill
EUR/USD Avg. Raw Spread
0.10
0.1
GBP/USD Avg. Raw Spread
0.40
0.3
AUD/USD Avg. Raw Spread
0.20
0.1
EUR/USD Standard Spread
1.10
1.6
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.40
1.6
AUD/USD Avg. Standard Spread
1.20
1.6
Commissions (USD Base)
$3.50
$2.00
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
16+
14+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
Tickmill
Currency Pairs
62+
60+
Cryptocurrency CFDs*
12+
-
Index CFDs
14+
17+
Share CFDs
300+
-
Commodities CFD
9+
5+
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max Leverage (Australia)
500:1
-
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
500:1
500:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
500:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (UAE)
500:1
-
Retail Max. Leverage (Kenya)
400:1
-
Professional Leverage
500:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
Tickmill
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
France only
Demo Account

Overall

Pepperstone
Tickmill
Our Rating
980
640
 

How Do Tickmill Vs Pepperstone Compare?

A summary of our findings is that:

  • Pepperstone has lower fees for their spread-only (no commission) standard account but Tickmill’s RAW account has lower trading fees as provided by our ECN calculator.
  • Pepperstone offers more advanced trading platforms including MetaTrader 4, MetaTrader 5, TradingView and cTrader (Tickmill only offers MT4 + MT5).
  • Pepperstone offers a wider range of markets with 2 more indices, crypto and share trading which Tickmill doesn’t offer.
  • Pepperstone is a more trusted broker and is regulated in more regions including CySEC, ASIC and BaFin.
  • Tickmill has excellent prime options for high-volume traders with fee discounts while Pepperstone is better suited for beginner to intermediate traders.