Teletrade
tickmill
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Teletrade was founded in 2008 and is headquartered in Cyprus, while tickmill was established in 2020 and is based in GRENADINES. Teletrade holds licences including Cyprus Securities and Exchange Commission (CySEC), while tickmill is regulated by Financial Conduct Authority (FCA) among others. Teletrade serves 50,000+ clients worldwide; tickmill has 12,000,000+. The minimum deposit is $100 at Teletrade and $250 at tickmill.
| Feature | Teletrade | tickmill |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | 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 | Cyprus | GRENADINES |
| Clients | 50,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between Teletrade and tickmill, directly affecting your bottom line as a trader. Teletrade has a lower barrier to entry with a minimum deposit of $100 (vs $250 at tickmill). Neither broker charges withdrawal fees. Overall, Teletrade scores higher on fees in our assessment.
| Feature | Teletrade | tickmill |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Teletrade 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 Teletrade does not offer. Teletrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Teletrade | 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, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android) | 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 Teletrade and tickmill compare. Teletrade runs regular live webinars; tickmill does not. Both provide video tutorials. Teletrade publishes daily market commentary; tickmill does not. Both integrate third-party research tools. Teletrade maintains an archive of past webinars for on-demand viewing. Teletrade scores higher overall in education and research.
| Feature | Teletrade | 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. Teletrade accepts 2 of the tracked payment methods (Skrill, Neteller), while tickmill supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). tickmill uniquely supports bank transfer and credit/debit card and PayPal among the two brokers. tickmill scores higher on deposit and withdrawal flexibility.
| Feature | Teletrade | tickmill |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | Yes | 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 Teletrade and tickmill offer live chat support. Both provide phone support. Email support is available at both brokers. Teletrade supports 15 languages and tickmill supports 8, giving Teletrade broader global reach. Both brokers are comparable on support quality.
| Feature | Teletrade | tickmill |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |