Fortrade
tickmill
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Overview
Fortrade was founded in 1992 and is headquartered in UK, while tickmill was established in 2020 and is based in GRENADINES. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while tickmill is regulated by Financial Conduct Authority (FCA) among others. Fortrade serves 10,000+ clients worldwide; tickmill has 12,000,000+. The minimum deposit is $1 at Fortrade and $250 at tickmill.
| Feature | Fortrade | tickmill |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 | 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 | 1992 | 2020 |
| Country | UK | GRENADINES |
| Clients | 10,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between Fortrade and tickmill, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at tickmill). Neither broker charges withdrawal fees. Fortrade charges deposit fees; tickmill does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | Fortrade | tickmill |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Fortrade offers MT4, MT5, cTrader, while tickmill supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. tickmill supports social and copy trading features, which Fortrade does not offer. Fortrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Fortrade | 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, Binary, 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 Fortrade and tickmill compare. tickmill has a video library; Fortrade does not. tickmill integrates third-party research tools (Autochartist); Fortrade does not. tickmill scores higher overall in education and research.
| Feature | Fortrade | 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. Fortrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while tickmill supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). tickmill uniquely supports Skrill among the two brokers. tickmill scores higher on deposit and withdrawal flexibility.
| Feature | Fortrade | tickmill |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | No | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Fortrade and tickmill offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and tickmill supports 8, giving tickmill broader global reach. Both brokers are comparable on support quality.
| Feature | Fortrade | tickmill |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |