OANDA vs Tickmill
Can't decide between OANDA and Tickmill? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 10, 2026
Executive Summary
OANDA and Tickmill are both well-established forex brokers, but they serve different types of traders. OANDA scores 96/100 in our TrustMetrics™ system, edging ahead of Tickmill's 93/100.
On pricing, Tickmill offers tighter EUR/USD spreads (0.1 pips vs 1.2 pips). OANDA supports OANDA Trade, MT4, TradingView while Tickmill offers MT4, MT5, Tickmill App.
For regulation, OANDA holds licenses from CFTC, FCA, ASIC, CIRO while Tickmill is regulated by FCA, CySEC, FSCA, FSA. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
OANDA scores higher in our TrustMetrics system (96/100) compared to Tickmill (93/100), making it the safer choice.
Lowest Spreads
Tickmill offers better pricing with an average EUR/USD spread of 0.1 pips, beating the 1.2 pip average of its competitor.
Best for Beginners
With a lower minimum deposit requirement of $0, OANDA is the more accessible option for new traders.
Detailed Comparison
| Feature | OANDA | Tickmill |
|---|---|---|
| Trust Score | 96/100 | 93/100 |
| Spreads From | 1.0 pips | 0.0 pips |
| Avg EUR/USD Spread | 1.2 pips | 0.1 pips |
| Commission | $0 | $4.00/lot |
| Execution Speed | 30ms | 20ms |
| Max Leverage | 1:50 | 1:500 |
| Minimum Deposit | $0 | $100 |
| Instruments | 120+ | 200+ |
| Account Types | Standard, Advanced Trader, Premium | Classic, Pro, VIP |
| Platforms | OANDA Trade, MT4, TradingView | MT4, MT5, Tickmill App |
| Top Regulators | CFTC, FCA, ASIC, CIRO | FCA, CySEC, FSCA, FSA |
| Withdrawal Speed | 1-3 business days | 1-2 business days |
| Inactivity Fee | $10 per month (after 12 months) | $0 |
| Customer Support | 24/5 Live Chat, Email | 24/5 Live Chat, Email, Phone |
Which Broker Should You Choose?
OChoose OANDA if...
- ✓You want to start with a very low minimum deposit
- ✓You want to trade directly from TradingView charts
- ✓Maximum regulatory protection is your top priority
TChoose Tickmill if...
- ✓You need the tightest possible spreads for scalping
- ✓You are a scalper or algorithmic trader
- ✓You value lowest commissions and scalping
OANDA Pros & Cons
Pros
- ✓ Accepts US clients and is heavily regulated globally
- ✓ No minimum deposit requirement
- ✓ Native TradingView integration
- ✓ Advanced charting and elite market analysis
Cons
- × Smaller product catalog compared to IG or CMC Markets
- × Spreads on the standard account are relatively high
- × No MT5 platform
Tickmill Pros & Cons
Pros
- ✓ Industry-low commission of $4.00/lot RT (Pro account) and $2.00/lot RT (VIP account)
- ✓ Exceptional execution speeds averaging 20ms
- ✓ Allows all strategies including arbitrage and high-frequency EA trading
- ✓ Strong tier-1 regulation (FCA, CySEC)
Cons
- × Very limited product range (mostly just forex, indices, and metals)
- × No proprietary trading platform or TradingView integration
- × VIP account requires a massive $50,000 minimum balance
The Bottom Line: OANDA vs Tickmill
- ✓ US Traders
- ✓ API Trading
- ✓ No Minimum Deposit
- ✓ TradingView
- ✓ No minimum deposit
- ✓ Lowest Commissions
- ✓ Scalping
- ✓ EA Trading
- ✓ Cost Efficiency
- ✓ Tighter EUR/USD spreads (0.1 pips)
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
Frequently Asked Questions
Which is safer: OANDA or Tickmill?
OANDA scores higher in our TrustMetrics system (96/100) compared to Tickmill (93/100), making it the safer choice.
Who has lower spreads: OANDA or Tickmill?
Tickmill offers better pricing with an average EUR/USD spread of 0.1 pips, beating the 1.2 pip average of its competitor.
Which has a lower minimum deposit: OANDA or Tickmill?
With a lower minimum deposit requirement of $0, OANDA is the more accessible option for new traders.
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