OptionWeb
tickmill
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Overview
OptionWeb was founded in 2012 and is headquartered in Cyprus, while tickmill was established in 2020 and is based in GRENADINES. OptionWeb holds licences including Cyprus Securities and Exchange Commission (CySEC), while tickmill is regulated by Financial Conduct Authority (FCA) among others. OptionWeb serves 10,000+ clients worldwide; tickmill has 12,000,000+. The minimum deposit is $200 at OptionWeb and $250 at tickmill.
| Feature | OptionWeb | tickmill |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | 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 | 2012 | 2020 |
| Country | Cyprus | GRENADINES |
| Clients | 10,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between OptionWeb and tickmill, directly affecting your bottom line as a trader. OptionWeb has a lower barrier to entry with a minimum deposit of $200 (vs $250 at tickmill). Neither broker charges withdrawal fees. Overall, OptionWeb scores higher on fees in our assessment.
| Feature | OptionWeb | tickmill |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
OptionWeb offers 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 OptionWeb does not offer. The two brokers are closely matched on platform offering.
| Feature | OptionWeb | tickmill |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | 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 OptionWeb and tickmill compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | OptionWeb | tickmill |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. OptionWeb 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 | OptionWeb | 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 OptionWeb and tickmill offer live chat support. Both provide phone support. Email support is available at both brokers. OptionWeb supports 2 languages and tickmill supports 8, giving tickmill broader global reach. Both brokers are comparable on support quality.
| Feature | OptionWeb | 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 |