Pepperstone vs Tickmill
Can't decide between Pepperstone 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
Pepperstone and Tickmill are both well-established forex brokers, but they serve different types of traders. Pepperstone scores 95/100 in our TrustMetrics™ system, edging ahead of Tickmill's 93/100.
On pricing, Pepperstone offers tighter EUR/USD spreads (0.08 pips vs 0.1 pips). Pepperstone supports MT4, MT5, cTrader, TradingView while Tickmill offers MT4, MT5, Tickmill App, giving Pepperstone an edge in platform diversity.
For regulation, Pepperstone holds licenses from FCA, ASIC, CySEC, BaFin, DFSA 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
Pepperstone scores higher in our TrustMetrics system (95/100) compared to Tickmill (93/100), making it the safer choice.
Lowest Spreads
Pepperstone offers better pricing with an average EUR/USD spread of 0.08 pips, beating the 0.1 pip average of its competitor.
Best for Beginners
With a lower minimum deposit requirement of $0, Pepperstone is the more accessible option for new traders.
Detailed Comparison
| Feature | Pepperstone | Tickmill |
|---|---|---|
| Trust Score | 95/100 | 93/100 |
| Spreads From | 0.0 pips | 0.0 pips |
| Avg EUR/USD Spread | 0.08 pips | 0.1 pips |
| Commission | $7.00/lot | $4.00/lot |
| Execution Speed | 24ms | 20ms |
| Max Leverage | 1:500 | 1:500 |
| Minimum Deposit | $0 | $100 |
| Instruments | 1,200+ | 200+ |
| Account Types | Standard, Razor | Classic, Pro, VIP |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, Tickmill App |
| Top Regulators | FCA, ASIC, CySEC, BaFin, DFSA | FCA, CySEC, FSCA, FSA |
| Withdrawal Speed | Same day - 1 business day | 1-2 business days |
| Inactivity Fee | $0 (No inactivity fee) | $0 |
| Customer Support | 24/5 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone |
Which Broker Should You Choose?
PChoose Pepperstone if...
- ✓You want to start with a very low minimum deposit
- ✓You need the tightest possible spreads for scalping
- ✓You want to trade directly from TradingView charts
- ✓You prefer cTrader's advanced order management
- ✓You are a scalper or algorithmic trader
TChoose Tickmill if...
- ✓You need the tightest possible spreads for scalping
- ✓You are a scalper or algorithmic trader
- ✓You value lowest commissions and scalping
Pepperstone Pros & Cons
Pros
- ✓ Direct integration with TradingView for seamless charting and execution
- ✓ Active Trader rebate program saves up to $2.50/lot
- ✓ Five Tier-1/Tier-2 regulatory licenses provide immense security
- ✓ No official minimum deposit requirement
- ✓ Razor account delivers highly stable spreads during news events
Cons
- × Customer support is not available on weekends
- × No proprietary copy trading platform (relies on third parties like DupliTrade)
- × Standard account spreads are average (1.1 pips)
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: Pepperstone vs Tickmill
- ✓ TradingView Users
- ✓ Multi-Platform Trading
- ✓ Active Traders
- ✓ Beginners
- ✓ Tighter EUR/USD spreads (0.08 pips)
- ✓ No minimum deposit
- ✓ Lowest Commissions
- ✓ Scalping
- ✓ EA Trading
- ✓ Cost Efficiency
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: Pepperstone or Tickmill?
Pepperstone scores higher in our TrustMetrics system (95/100) compared to Tickmill (93/100), making it the safer choice.
Who has lower spreads: Pepperstone or Tickmill?
Pepperstone offers better pricing with an average EUR/USD spread of 0.08 pips, beating the 0.1 pip average of its competitor.
Which has a lower minimum deposit: Pepperstone or Tickmill?
With a lower minimum deposit requirement of $0, Pepperstone is the more accessible option for new traders.
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