Tickmill versus Libertex

Tickmill delivers a competitive MT4/MT5 trading environment thanks to its Advanced Trader Toolkit upgrade, consisting of 13 plugins. Additional cutting-edge trading tools include the Autochartist plugin, and the Acuity Trading Tool, which offers sentiment analysis from the Dow Jones news feed. While low trading costs offer high-frequency traders an edge, social traders benefit from third-party providers Myfxbook AutoTrade and Pelican Trading.

Libertex offers its almost 3.0M traders the core MT4/MT5 and its proprietary mobile app. Its most notable advantage is its competitive pricing environment, and Libertex focuses on millennial and GenZ traders favoring mobile trading. It is evident in the range of trading services available through its mobile app.

I have conducted an in-depth review of Tickmill and Libertex to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsLibertex (visit site)Tickmill (visit site)
Established :
Minimum Deposit:
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
$5 monthly after 90 days
Deposit Fee:
Withdrawal Fee
Funding Methods:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
Competitive trading costsOutstanding trading costs
Unique Feature Two:
Broad cryptocurrency selectionQuality research and education
Broker Offers:


Libertex, and its owner Forex Club, have a history of regulatory fines, including the temporary suspension of its CySEC license. Tickmill closes dormant accounts with a balance below $10 and donates proceeds to charity.

Available Markets

Available MarketsLibertexTickmill
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
Maximum Pro Leverage:
Retail loss rate:

Neither broker offers a high quantity of trading instruments, both provide traders with assets in most sectors, and Tickmill takes the overall lead amid a broader balance. Libertex provides cryptocurrency traders with significantly more choices, catering to demand from its core market. Traders at both get a sector introduction ideal for focused strategies.

Typical Spreads and Fees

Typical Spreads & FeesLibertexTickmill
Minimum Raw Spreads:
0.0 pips0.0 pips
Minimum Standard Spreads:
0.4 pips1.6 pips
Minimum Commission for Forex:
$4.00 per round lot$4.00 per round lot
Commission for CFDs/DMA:
Commission Rebates:
Execution Type:
Market MakerMarket Maker/ECN Hybrid

Traders get access to raw spreads of 0 pips at both brokers for a highly competitive commission of $4.00 per 1 standard lot. Equity trading is commission-free at Tickmill and Libertex, but the latter offers volume-based commission rebates. Therefore, active, high-frequency traders can usually achieve lower overall trading costs at Libertex.

Security and Trust


Country of the RegulatorName of the RegulatorLicense Number
Cyprus Securities and Exchange Commission164/12
Financial Services CommissionС118023400


Country of the RegulatorName of the RegulatorLicense Number
Seychelles Financial Services AuthoritySD008
Financial Conduct AuthorityFCA Registration Number 717270
Seychelles Financial Services AuthorityLicense number SD008
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

Negative balance protection and segregation of client deposits from corporate funds apply at both, but Tickmill presents a more secure and trustworthy trading environment. Libertex had its CySEC license temporarily revoked. Most international traders will deal with the unregulated unit in St. Vincent and the Grenadines, operated jointly by Forex Club and Mauritius FSC-licensed MAEX Limited.

Libertex vs Tickmill – Verdict


23+ year operational history Questionable regulatory history and numerous fines for violations
Competitive spreads, high leverage, and competitive cryptocurrency selectionLimited overall asset selection and few deposit methods
3-hour trading course for beginner tradersInactivity fee after 90 days
Welcome bonus and loyalty Program


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

Tickmill offers a high-quality environment with upgraded trading platforms, cutting-edge tools, and low trading costs. High-volume traders benefit from the rebate program, and beginners get quality education and research. Libertex provides a better cryptocurrency selection and mobile trading experience. It has quality trading tools aimed at millennial and GenZ traders, plus low trading costs. Overall, Tickmill offers better trading conditions catering to active, demanding clients.

Libertex is a duly regulated broker in Cyprus and Mauritius.


Is Libertex a regulated broker?

Libertex has a CySEC license, and one of its joint operators also has one in Mauritius.

Is Tickmill regulated in South Africa?

Tickmill holds a regulatory license from the FSCA in South Africa.

What is the minimum withdrawal on Tickmill?

The minimum withdrawal at Tickmill is $25.

Does Tickmill allow hedging?

Tickmill has no strategy restrictions and allows hedging.

How legit is Libertex?

Libertex is a duly regulated broker in Cyprus and Mauritius.

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