Nutmeg
tickmill
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Overview
Nutmeg was founded in 2008 and is headquartered in USA, while tickmill was established in 2020 and is based in GRENADINES. Nutmeg holds licences including Unregulated, while tickmill is regulated by Financial Conduct Authority (FCA) among others. Nutmeg serves 10,000+ clients worldwide; tickmill has 12,000,000+. The minimum deposit is $0 at Nutmeg and $250 at tickmill.
| Feature | Nutmeg | tickmill |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Unregulated | 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 | 2008 | 2020 |
| Country | USA | GRENADINES |
| Clients | 10,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between Nutmeg and tickmill, directly affecting your bottom line as a trader. Nutmeg has a lower barrier to entry with a minimum deposit of $0 (vs $250 at tickmill). Neither broker charges withdrawal fees. Nutmeg applies inactivity fees on dormant accounts; tickmill does not. Overall, Nutmeg scores higher on fees in our assessment.
| Feature | Nutmeg | tickmill |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Nutmeg 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. Nutmeg edges ahead on platform breadth and functionality in our scoring.
| Feature | Nutmeg | tickmill |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | WebTrader, Desktop, 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 Nutmeg and tickmill compare. Nutmeg runs regular live webinars; tickmill does not. Both provide video tutorials. Nutmeg publishes daily market commentary; tickmill does not. Both integrate third-party research tools. Nutmeg maintains an archive of past webinars for on-demand viewing. Nutmeg scores higher overall in education and research.
| Feature | Nutmeg | tickmill |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Nutmeg 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 | Nutmeg | 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 Nutmeg and tickmill offer live chat support. Both provide phone support. Email support is available at both brokers. Nutmeg supports 2 languages and tickmill supports 8, giving tickmill broader global reach. Both brokers are comparable on support quality.
| Feature | Nutmeg | 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 |