BlackBull Markets vs Tickmill

Choosing between BlackBull Markets and Tickmill is a common decision for forex traders in Africa. In our analysis, BlackBull Markets scores 83/100 on our Hub Score compared to Tickmill's 80/100. For traders with limited starting capital, BlackBull Markets has a lower entry point at $0. Below is a detailed, data-driven comparison across fees, regulation, platforms, and more to help you decide which broker fits your trading style.

Quick Verdict

Based on our Hub Score analysis, BlackBull Markets scores higher overall with 83/100. However, the best broker depends on your priorities — compare the detailed breakdown below to find the right fit for your trading style.

BlackBull Markets logo
BlackBull Markets
4.5/5Hub Score: 83/100
Low Fees
Beginner Friendly
Investor Protection
Tickmill logo
Tickmill
4.3/5Hub Score: 80/100
Low Fees
Beginner Friendly
Top-Tier Regulator
Investor Protection
Hub Score Breakdown

BlackBull Markets

Regulation72/100
Fees88/100
Platform85/100
Support78/100
Assets90/100

Tickmill

Regulation88/100
Fees85/100
Platform75/100
Support78/100
Assets75/100
Detailed Comparison
FeatureBlackBull MarketsTickmill
Hub Score83/10080/100
Min. Deposit$0$100
SpreadsFrom 0.0 pipsFrom 0.0 pips
Max Leverage1:5001:1000
RegulationFMA, FSAFCA, CySEC, FSA, FSCA, DFSA
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, Tickmill Mobile App
Account TypesStandard, Prime, InstitutionalClassic, Raw, VIP
Trading InstrumentsForex, Indices, Commodities, Shares, CryptoForex, Indices, Commodities, Shares, Bonds, Crypto
Founded20142014
HeadquartersAuckland New ZealandLondon UK
BlackBull Markets — Pros & Cons

Pros

  • 26000+ instruments available
  • Raw spreads from 0.0 pips
  • Institutional-grade ECN infrastructure
  • Award-winning execution quality
  • TradingView integration

Cons

  • Higher minimum deposit $200
  • Limited regulatory coverage
  • Complex for beginners
  • Fewer educational resources
Tickmill — Pros & Cons

Pros

  • Raw spreads from 0.0 pips
  • Monthly bonuses up to $5000
  • Five top-tier regulations
  • Transparent pricing model
  • Institutional-grade conditions

Cons

  • Higher minimum deposit $100
  • Limited to 620 instruments
  • No proprietary platform
  • Limited crypto offerings
Frequently Asked Questions

Which broker has lower spreads, BlackBull Markets or Tickmill?

BlackBull Markets offers spreads from From 0.0 pips, while Tickmill offers spreads from From 0.0 pips. Check each broker's specific account type for exact spread conditions.

What is the minimum deposit for BlackBull Markets vs Tickmill?

BlackBull Markets requires a minimum deposit of $0, while Tickmill requires $100.

Is BlackBull Markets or Tickmill better regulated?

BlackBull Markets is regulated by FMA, FSA, while Tickmill is regulated by FCA, CySEC, FSA, FSCA, DFSA. Always verify regulation status directly with the relevant authority.

Which is better for beginners, BlackBull Markets or Tickmill?

BlackBull Markets is marked as beginner-friendly. Tickmill is also beginner-friendly. Consider factors like minimum deposit, educational resources, and platform ease of use.

Want to compare more brokers?

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Disclaimer: This comparison is based on publicly available information and our independent analysis. Broker offerings, fees, and regulatory status can change at any time. Always verify current conditions directly with the broker before opening an account. Trading forex involves significant risk of loss and is not suitable for all investors.