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Tickmill vs IFC Markets 2024

BrokerNotes.co

Written by BrokerNotes.co

August 24, 2023

Trying to decide between Tickmill and IFC Markets? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, Tickmill ranks more highly than IFC Markets.

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Compare

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Overall Rating Tickmill IFC Markets
Overall Rating star 8.1 /10 star 7.2 /10
Offering of Investments star 7.0 /10 star 7.0 /10
Commissions & Fees star 10 /10 star 7.5 /10
Platform & Tools star 8.0 /10 star 7.5 /10
Research star 8.0 /10 star 7.0 /10
Mobile Trading star 7.5 /10 star 7.5 /10
Education star 7.5 /10 star 7.5 /10
Account Type Tickmill IFC Markets
Standard Trade Size (100,000 units) info Yes Yes
Mini Trade Size (10,000 units) info Yes Yes
Micro Trade Size (1,000 units) info Yes Yes
Islamic Account info Yes Yes
Deposit/Withdrawal Options Tickmill IFC Markets
Minimum Deposit info $100 $1
Bank Wire (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
PayPal (Deposit/Withdraw) info Yes No
ACH or SEPA Transfers info No No
Copy Trading Tickmill IFC Markets
Social Trading / Copy Trading info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Cryptocurrency Tickmill IFC Markets
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Bitcoin info Yes Yes
Ethereum info Yes Yes
Forex Trading (Spot or CFDs) Tickmill IFC Markets
Forex Trading (Spot or CFDs) info Yes Yes
Mobile Trading - Forex or CFDs info Yes Yes
Indices (Index CFDs) Tickmill IFC Markets
DAX info Yes Yes
Dow Jones info Yes Yes
FTSE info Yes Yes
NASDAQ 100 info Yes Yes
Nikkei info Yes Yes
SP 500 info Yes Yes
Investments Tickmill IFC Markets
Forex Trading (Spot or CFDs) info Yes Yes
Spread Betting info No No
Social Trading / Copy Trading info Yes Yes
Metals info Yes Yes
Energies info Yes Yes
Agriculturals info Yes Yes
ETF info No Yes
U.S. Stocks (CFD) info Yes Yes
Trading Platforms Tickmill IFC Markets
Apple iOS App info Yes Yes
Android App info Yes Yes
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Regulatory Licenses Tickmill IFC Markets
Tier-1 Licenses info 2 0
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Research, Education Tickmill IFC Markets
Trading Central (Recognia) info No No
Forex News (Top-Tier Sources) info Yes No
Daily Market Commentary info Yes Yes
Autochartist info Yes No
Investor Dictionary (Glossary) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Client Webinars (Archived) info Yes No
Trading Costs Tickmill IFC Markets
Minimum Deposit info $100 $1
Average Spread EUR/USD - Standard info 0.51 info 1.44 info
All-in Cost EUR/USD - Active info 0.31 info N/A
Active Trader or VIP Discounts info No Yes
Trading Tools Tickmill IFC Markets
Watchlists - Total Fields info 7 7
Mobile Watchlist info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Mobile Charting - Indicators / Studies info 30 30
Trust Factors Tickmill IFC Markets
Year Founded info 2014 2006
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Trust Score info 86 67
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Tickmill vs IFC Markets Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between Tickmill and IFC Markets? Our independent database powered by our unbiased research will help you compare Tickmill vs IFC Markets side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust Tickmill?

Tickmill has a Trust Score of 86, giving it a "Trusted" Trust Score Label.

Can I trust IFC Markets?

IFC Markets has a Trust Score of 67, giving it a "High Risk" Trust Score Label.

Is Tickmill a good broker?

Tickmill is an excellent multi-asset broker that offers truly low-cost forex trading; the broker's Pro and VIP accounts are among the least expensive in the industry. Tickmill provides both MetaTrader 4 and MetaTrader 5, as well as third-party services like TradingView and Signal Centre, powered by Acuity Trading. Tickmill's overall offering continues to grow, but it offers fewer CFDs than the best multi-asset forex brokers.

Is IFC Markets a good broker?

IFC Markets is a long-standing brand with 17 years of operation. Traders will appreciate that IFC Markets delivers a growing range of markets, numerous trading platforms, and a decent balance of research and educational resources. That said, IFC Markets holds just one Tier-4 regulatory license; increasing its number of licenses would increase its Trust Score.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. Tickmill holds regulatory licenses in the following Tier-1 jurisdictions: United Kingdom (U.K.) (FCA Authorised). IFC Markets, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: none. Neither have Australia (ASIC Authorised), Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (SFC Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, Tickmill is Cyprus (CySEC Authorised), South Africa (FSCA Authorised) and UAE (DFSA/Central Bank Authorised), while IFC Markets is none.. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised) and Thailand (SEC Authorised). When comparing tier-3 licenses Tickmill is none, while IFC Markets is British Virgin Islands (FSC Authorised).. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), Cayman Islands (CIMA Authorised), Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that Tickmill offers a Desktop Platform (Windows), whereas IFC Markets supports a Proprietary Platform and Desktop Platform (Windows). Neither have cTrader, DupliTrade and ZuluTrade

Does Tickmill offer MetaTrader? Does IFC Markets offer MetaTrader?

Both Tickmill and IFC Markets offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

How do Tickmill and IFC Markets differ in terms of minimum deposit? What about average spreads and funding options?

Tickmill requires a minimum deposit of $100, while IFC Markets requires a minimum deposit of $1. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that Tickmill supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for funding and deposit methods, whereas IFC Markets supports Bank Wire (Deposit/Withdraw) and Visa/Mastercard (Credit/Debit)

Which broker offers more tradeable asset classes, Tickmill or IFC Markets?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that Tickmill delivers a more diverse selection of investment options than IFC Markets, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Social Trading / Copy Trading, Metals, Energies, Agriculturals and U.S. Stocks (CFD). Neither have Spread Betting.

We also keep track of each broker’s total number of tradeable symbols; Tickmill offers 725, and IFC Markets offers a total of 630 tradeable symbols.

Can I trade cryptocurrency with Tickmill or IFC Markets?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither Tickmill nor IFC Markets allow you to trade physical cryptocurrencies.

Who offers more research tools, Tickmill or IFC Markets?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. Tickmill delivers the following research tools: Autochartist, Daily Market Commentary, Stock Charts, Forex News (Top-Tier Sources) and Social Trading / Copy Trading. IFC Markets, on the other hand, provides the tools listed here: Daily Market Commentary, Stock Charts and Social Trading / Copy Trading. Neither have Trading Central (Recognia)

Broker Reviews

Still looking for more information, read our broker reviews.

Tickmill Review

IFC Markets Review

Overall winner: Tickmill

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announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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