Broker comparison

Oanda vs.
Tickmill

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Tickmill offers 7 instrument types, while Oanda offers 6. The minimum deposit is lower at Oanda with 0 €. Oanda has been in the market since 1996, making it the more experienced provider. On spreads, Oanda offers EUR/USD from 1.0 pip (Standard), 0.2 pip (Core) + commission, while Tickmill offers EUR/USD from 0.0 pip (Pro/Raw) + $2.00 per lot per side, 1.6 pip (Classic). Tickmill charges no inactivity fee, while the other does.

Forex specialist with advanced technology since 1996

ECN broker with low spreads and fast execution

At a glance

The key differences

Criterion
PlatformsOANDA Trade, MT4, MT5, TradingViewMT4, MT5, Tickmill App
Product typesForex, CFDs, Indices, Commodities, Bonds, MetalsForex, CFDs, Indices, Commodities, Bonds, Stocks CFDs, Crypto
Options tradingNo, forex and CFD tradingNo, forex and CFD trading
Fee modelSpreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip
Minimum deposit0 €100 €
RegulationFCA/NFAFCA/CySEC
More informationDetailsDetails

Platforms

Oanda

OANDA Trade, MT4, MT5, TradingView

Tickmill

MT4, MT5, Tickmill App

Product types

Oanda

Forex, CFDs, Indices, Commodities, Bonds, Metals

Tickmill

Forex, CFDs, Indices, Commodities, Bonds, Stocks CFDs, Crypto

Options trading

Oanda

No, forex and CFD trading

Tickmill

No, forex and CFD trading

Fee model

Oanda

Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)

Tickmill

Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip

Minimum deposit

Oanda

0 €

Tickmill

100 €

Regulation

Oanda

FCA/NFA

Tickmill

FCA/CySEC

More information

Oanda

Details

Tickmill

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)

Published fee
Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)
Minimum deposit
0 €
Inactivity
$10/month after 12 months of inactivity
See terms at provider

Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip

Published fee
Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip
Minimum deposit
100 €
Spread figure
EUR/USD from 0.0 pip (Pro/Raw) + $2.00 per lot per side, 1.6 pip (Classic)
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexCFDsIndicesCommoditiesBondsMetals
ForexCFDsIndicesCommoditiesBondsStocks CFDsCrypto

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

OANDA Trade · MT4 · MT5 · TradingView

Oanda offers the OANDA Trade platform, MT4, MT5, and TradingView. The OANDA Trade platform is the proprietary development with an intuitive interface, advanced charting tools, technical analysis indicators, and integrated market analyses. MT4 and MT5 support automated trading with Expert Advisors. TradingView offers a community-based charting environment. All platforms support Oanda's unique flexible lot sizes and provide mobile versions.

Explore platform

MT4 · MT5 · Tickmill App

Tickmill offers MT4 and MT5 as trading platforms, complemented by the Tickmill App for mobile trading. MT4 is the classic choice for forex trading with Expert Advisors, custom indicators, and automated strategies. MT5 extends the offering with additional timeframes, market depth, and an integrated economic calendar. Both platforms support the Pro account with raw spreads from 0.0 pip. The Tickmill App provides quotes, charts, and order placement on mobile.

Explore platform

Regulation & security

FCA/CySEC

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Forex specialist with advanced technology since 1996

  • No minimum deposit required
  • Flexible lot sizes from 1 unit
  • Advanced analysis tools
  • Limited product range
  • No stocks or ETFs

ECN broker with low spreads and fast execution

  • Very low spreads on Pro account
  • FCA and CySEC regulated
  • Fast order execution
  • Limited product range
  • No BaFin regulation

Find the broker that fits

Oanda oder Tickmill?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

Oanda4.2
  • No minimum deposit required
  • Flexible lot sizes from 1 unit
  • Advanced analysis tools
Tickmill4.2
  • Very low spreads on Pro account
  • FCA and CySEC regulated
  • Fast order execution
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between Oanda and Tickmill?
Oanda: Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing). Tickmill: Pro account: from 0.0 pip + $2 commission/lot, Classic: from 1.6 pip. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Oanda or Tickmill?
Oanda offers Forex, CFDs, Indices, Commodities, Bonds, Metals. Tickmill offers Forex, CFDs, Indices, Commodities, Bonds, Stocks CFDs, Crypto.
How are Oanda and Tickmill regulated?
The broker profiles list FCA/NFA for Oanda and FCA/CySEC for Tickmill. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Oanda or Tickmill better for beginners?
Oanda lists a 0 € minimum deposit and offers OANDA Trade, MT4, MT5, TradingView. Tickmill lists 100 € and offers MT4, MT5, Tickmill App. Compare usability, available products and costs for your intended use.
Oanda vs Tickmill: Which broker is better overall?
The choice between Oanda (4.2/5, 1500 reviews) and Tickmill (4.2/5, 750 reviews) depends on your needs. Oanda: Forex specialist with advanced technology since 1996. Tickmill: ECN broker with low spreads and fast execution.
How do spreads compare between Oanda and Tickmill?
Oanda offers typical spreads of EUR/USD from 1.0 pip (Standard), 0.2 pip (Core) + commission. Tickmill offers EUR/USD from 0.0 pip (Pro/Raw) + $2.00 per lot per side, 1.6 pip (Classic). Tighter spreads reduce trading costs especially for active trading.
Do Oanda or Tickmill charge an inactivity fee?
Oanda: $10/month after 12 months of inactivity. Tickmill: no inactivity fee.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise