Pepperstone vs Tickmill
Choosing between Pepperstone and Tickmill is a common decision for forex traders in Africa. In our analysis, Pepperstone scores 87/100 on our Hub Score compared to Tickmill's 80/100. For traders with limited starting capital, Pepperstone 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, Pepperstone scores higher overall with 87/100. However, the best broker depends on your priorities — compare the detailed breakdown below to find the right fit for your trading style.
Pepperstone
Tickmill
| Feature | Pepperstone | Tickmill |
|---|---|---|
| Hub Score | 87/100 | 80/100 |
| Min. Deposit | $0 | $100 |
| Spreads | From 0.0 pips | From 0.0 pips |
| Max Leverage | 1:500 | 1:1000 |
| Regulation | ASIC, CySEC, BaFin, FCA, DFSA, SCB, CMA | FCA, CySEC, FSA, FSCA, DFSA |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView | MetaTrader 4, MetaTrader 5, Tickmill Mobile App |
| Account Types | Standard, Razor | Classic, Raw, VIP |
| Trading Instruments | Forex, Indices, Commodities, Shares, Crypto | Forex, Indices, Commodities, Shares, Bonds, Crypto |
| Founded | 2010 | 2014 |
| Headquarters | Melbourne Australia | London UK |
Pros
- Raw spreads from 0.0 pips
- 4.4/5 Trustpilot rating
- Six top-tier regulations
- Multiple platform options
- Award-winning execution technology
Cons
- Higher minimum deposit $200
- Limited educational content
- Complex for beginners
- Fewer account type options
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
Which broker has lower spreads, Pepperstone or Tickmill?
Pepperstone 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 Pepperstone vs Tickmill?
Pepperstone requires a minimum deposit of $0, while Tickmill requires $100.
Is Pepperstone or Tickmill better regulated?
Pepperstone is regulated by ASIC, CySEC, BaFin, FCA, DFSA, SCB, CMA, while Tickmill is regulated by FCA, CySEC, FSA, FSCA, DFSA. Always verify regulation status directly with the relevant authority.
Which is better for beginners, Pepperstone or Tickmill?
Pepperstone may be better suited for experienced traders. Tickmill is also beginner-friendly. Consider factors like minimum deposit, educational resources, and platform ease of use.
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.