Tickmill versus Eightcap

Eightcap offers traders the core MT4/MT5, supporting algorithmic and social trading. It upgrades them via the Amazing Trader plugin and access to the active TradingView community. The cutting-edge Capitalise AI service provides traders with a code-free environment to automate trading strategies. It recently added Cryptocrusher, a dedicated cryptocurrency solution.

Features and Platforms

Features & PlatformsEightcap (visit site)Tickmill (visit site)
Headquarter:AustraliaSeychelles
Established :
20092014
Retail Loss Rate:
Undisclosed70.00%
Regulation:
Minimum Deposit:
$100$100
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
Deposit Fee:
Third-PartyThird-Party
Withdrawal Fee
Third-PartyThird-Party
Funding Methods:
1310
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
Innovative trading tools Outstanding trading costs
Unique Feature Two:
Competitive cost structureQuality research and education
Broker Offers:

Noteworthy:

Both brokers offer VPS hosting, supporting algorithmic traders seeking 24/7 market access. While Tickmill does not charge an inactivity fee, it closes dormant accounts with less than $10 and donates the proceeds to charity.

Available Markets

Available MarketsEightcapTickmill
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Indices:
Equities:
Bonds:
ETFs:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
1:5001:500
Maximum Pro Leverage:
1:5001:500

Eightcap offers trades 1,000+ trading instruments, including 250+ cryptocurrency CFDs, making it a leader in this category. Equity trading is available at both brokers, but the asset selection focuses on large-cap names trending on social media. Forex traders get better exposure at Tickmill, but Eightcap maintains an overall higher quality list of assets.

Typical Spreads and Fees

Typical Spreads & FeesEightcapTickmill
Minimum Raw Spreads:
0.0 pips0.0 pips
Minimum Standard Spreads:
1.0 pips1.6 pips
Minimum Commission for Forex:
$7.00 per round lot$4.00 per round lot
Commission for CFDs/DMA:
Commission-freeCommission-free
Commission Rebates:
NoYes
Execution Type:
Market Maker/ECN HybridMarket Maker/ECN Hybrid

Traders preferring a commission-free cost structure get lower costs at Eightcap. The commission-based alternatives at Eightcap and Tickmill are competitive. Tickmill takes the lead with notably lower commissions and a volume-based rebate program, making it a better choice for active, high-volume traders.

Security and Trust

Eightcap

Country of the RegulatorName of the RegulatorLicense Number
Australia
Australian Securities & Investments Commission391441
The Bahamas
Securities Commission of The Bahamas40377
UK
Financial Conduct Authority921296
Cyprus
Cyprus Securities and Exchange Commission246/14
St. Vincent and the Grenadines
Financial Services AuthorityUnregulated but duly registered

Tickmill

Country of the RegulatorName of the RegulatorLicense Number
Seychelles
Seychelles Financial Services AuthoritySD008
UK
Financial Conduct AuthorityFCA Registration Number 717270
Cyprus
Cyprus Securities and Exchange CommissionLicense Number 278/15
Labuan (Malaysia)
Labuan Financial Services AuthorityLicense number MB/18/0028
South Africa
Financial Sector Conduct AuthorityLicense number FSP 49464

Eightcap and Tickmill segregate client deposits from corporate funds, offer negative balance protection, and maintain a clean regulatory record. Both brokers have subsidiaries, one in the UK and one in Cyprus, offering investor compensation funds. Eightcap and Tickmill provide equally secure, trustworthy, and reliable trading environments.

Eightcap vs Tickmill – Verdict

Eightcap

ProsCons
Innovative trading tools focused on algorithmic tradingBelow-average Forex selection
Balanced asset selection and leading cryptocurrency broker
Competitive commission-based cost structure and deep liquidity
Quality educational content and research for beginner traders

Tickmill

ProsCons
Outstanding trading costs and volume-based rebate program Limited asset selection
Upgraded MT4/MT5 trading platforms plus Autochartist
High-quality educational tools and daily research
High leverage and choice of third-party social trading providers

The trading environments at Eightcap and Tickmill are highly competitive. Traders get the MT4/MT5 trading platforms at both brokers, where Tickmill provides a broader upgrade package. However, Eightcap offer higher quality algorithmic trading tools. The asset selection is better at Eightcap, trading costs are lower at Tickmill, and both maintain quality education and research for beginner traders. Overall, Eightcap has the lead due to its support for algorithmic trading.

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