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
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- Tickmill versus Libertex - Verdict
Features and Platforms
| Features & Platforms | Libertex (visit site) | Tickmill (visit site) |
 |  | |
| Headquarter: | Cyprus | Seychelles |
Established : | 1997 | 2014 |
Regulation: | ||
Minimum Deposit: | $10 | $100 |
Demo Account: | ||
Managed Account: | ||
Islamic Account: | ||
Inactivity Fee | $5 monthly after 90 days | |
Deposit Fee: | Third-Party | Third-Party |
Withdrawal Fee | Third-Party | Third-Party |
Funding Methods: | 6 | 10 |
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: | Competitive trading costs | Outstanding trading costs |
Unique Feature Two: | Broad cryptocurrency selection | Quality research and education |
Broker Offers: |
Noteworthy:
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 Markets | Libertex | Tickmill |
| Currency Pairs: | ||
Cryptocurrency Pairs: | ||
Commodities and Metals: | ||
Indices: | ||
Equities: | ||
Bonds: | ||
ETFs: | ||
Options, Futures, and Synthetics: | ||
Maximum Retail Leverage: | 1:999 | 1:500 |
Maximum Pro Leverage: | 1:999 | 1:500 |
Retail loss rate: | 85.9% | 71.00% |
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 & Fees | Libertex | Tickmill |
Minimum Raw Spreads: | 0.0 pips | 0.0 pips |
Minimum Standard Spreads: | 0.4 pips | 1.6 pips |
Minimum Commission for Forex: | $4.00 per round lot | $4.00 per round lot |
Commission for CFDs/DMA: | Commission-free | Commission-free |
Commission Rebates: | No | Yes |
Execution Type: | Market Maker | Market 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
Libertex
| Country of the Regulator | Name of the Regulator | License Number |
Cyprus | Cyprus Securities and Exchange Commission | 164/12 |
Mauritius | Financial Services Commission | С118023400 |
Tickmill
| Country of the Regulator | Name of the Regulator | License Number |
Seychelles | Seychelles Financial Services Authority | SD008 |
UK | Financial Conduct Authority | FCA Registration Number 717270 |
Seychelles | Seychelles Financial Services Authority | License number SD008 |
Cyprus | Cyprus Securities and Exchange Commission | License Number 278/15 |
Labuan (Malaysia) | Labuan Financial Services Authority | License number MB/18/0028 |
South Africa | Financial Sector Conduct Authority | License 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
Libertex
| Pros | Cons |
| 23+ year operational history | Questionable regulatory history and numerous fines for violations |
| Competitive spreads, high leverage, and competitive cryptocurrency selection | Limited overall asset selection and few deposit methods |
| 3-hour trading course for beginner traders | Inactivity fee after 90 days |
| Welcome bonus and loyalty Program |
Tickmill
| Pros | Cons |
| 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.
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