Eightcap
tickmill
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Overview
Eightcap was founded in 2009 and is headquartered in Australia, while tickmill was established in 2020 and is based in GRENADINES. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while tickmill is regulated by Financial Conduct Authority (FCA) among others. Eightcap serves 10,000+ clients worldwide; tickmill has 12,000,000+. The minimum deposit is $100 at Eightcap and $250 at tickmill.
| Feature | Eightcap | tickmill |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F323 |
| Founded | 2009 | 2020 |
| Country | Australia | GRENADINES |
| Clients | 10,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between Eightcap and tickmill, directly affecting your bottom line as a trader. Eightcap has a lower barrier to entry with a minimum deposit of $100 (vs $250 at tickmill). Eightcap charges withdrawal fees while tickmill does not, a notable advantage for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; tickmill does not. Overall, Eightcap scores higher on fees in our assessment.
| Feature | Eightcap | tickmill |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Eightcap offers MT4, MT5, cTrader, while tickmill supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Eightcap edges ahead on platform breadth and functionality in our scoring.
| Feature | Eightcap | tickmill |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Eightcap and tickmill compare. tickmill has a video library; Eightcap does not. tickmill integrates third-party research tools (Autochartist); Eightcap does not. tickmill scores higher overall in education and research.
| Feature | Eightcap | tickmill |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Eightcap accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while tickmill supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). tickmill uniquely supports PayPal and Skrill and Neteller among the two brokers. tickmill scores higher on deposit and withdrawal flexibility.
| Feature | Eightcap | tickmill |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Eightcap and tickmill offer live chat support. Both provide phone support. Email support is available at both brokers. Eightcap supports 2 languages and tickmill supports 8, giving tickmill broader global reach. Both brokers are comparable on support quality.
| Feature | Eightcap | tickmill |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |