Tickmill vs BlackBull Markets
Choosing between Tickmill and BlackBull Markets 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.
Tickmill
BlackBull Markets
| Feature | Tickmill | BlackBull Markets |
|---|---|---|
| Hub Score | 80/100 | 83/100 |
| Min. Deposit | $100 | $0 |
| Spreads | From 0.0 pips | From 0.0 pips |
| Max Leverage | 1:1000 | 1:500 |
| Regulation | FCA, CySEC, FSA, FSCA, DFSA | FMA, FSA |
| Platforms | MetaTrader 4, MetaTrader 5, Tickmill Mobile App | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Account Types | Classic, Raw, VIP | Standard, Prime, Institutional |
| Trading Instruments | Forex, Indices, Commodities, Shares, Bonds, Crypto | Forex, Indices, Commodities, Shares, Crypto |
| Founded | 2014 | 2014 |
| Headquarters | London UK | Auckland New Zealand |
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
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
Which broker has lower spreads, Tickmill or BlackBull Markets?
Tickmill offers spreads from From 0.0 pips, while BlackBull Markets offers spreads from From 0.0 pips. Check each broker's specific account type for exact spread conditions.
What is the minimum deposit for Tickmill vs BlackBull Markets?
Tickmill requires a minimum deposit of $100, while BlackBull Markets requires $0.
Is Tickmill or BlackBull Markets better regulated?
Tickmill is regulated by FCA, CySEC, FSA, FSCA, DFSA, while BlackBull Markets is regulated by FMA, FSA. Always verify regulation status directly with the relevant authority.
Which is better for beginners, Tickmill or BlackBull Markets?
Tickmill is marked as beginner-friendly. BlackBull Markets 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.

