eToro vs Tickmill Comparison & Reviews

FeatureeToroTickmill
Founded20072014
RegulationFCA (UK), CySEC (Cyprus), ASIC (Australia), NFA (US), MiFID (EU), FSCSFCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), BaFin (Germany)
Minimum Deposit$10 (depending on region)$100 (Classic), $50 (Pro and VIP accounts)
Trading PlatformseToro Proprietary Web & Mobile AppMetaTrader 4 (MT4), MetaTrader 5 (MT5)
Account TypesRetail, Professional, IslamicClassic, Pro, VIP, Islamic
Demo AccountYesYes
LeverageUp to 1:30 (Retail), Up to 1:400 (Professional)Up to 1:500 (depending on jurisdiction)
Copy TradingYes (eToro's core feature)No (but allows expert advisors on MT4/MT5)
Asset ClassesStocks, ETFs, Forex, Commodities, Indices, CryptocurrenciesForex, Indices, Commodities, Bonds, Cryptocurrencies
Number of InstrumentsOver 3,000Over 80 (Forex pairs and CFDs)
Spreads1 pip (average for major pairs)0.0 pips (Pro), 1.6 pips (Classic)
CommissionNo commission on stocks and ETFs, $5 withdrawal fee$0 (Classic), $2 per lot per side (Pro), $1.60 per lot per side (VIP)
Deposit MethodsBank Transfer, Credit/Debit Card, PayPal, Skrill, NetellerBank Transfer, Credit/Debit Card, Skrill, Neteller
Withdrawal Fees$5 per withdrawalFree (bank fees may apply)
Trading FeesHigher spreads on forexLow spreads with commissions on Pro/VIP accounts
Account CurrenciesUSD (primarily)USD, EUR, GBP, PLN
Trading ToolsCopyTrader, Smart Portfolios, Social SentimentAdvanced charting tools, Economic Calendar, MT4/MT5 indicators
Educational ResourcesWebinars, Trading Academy, Market AnalysisWebinars, eBooks, Market Insights, Video Tutorials
Customer SupportLive Chat, Email, Phone (limited hours)Live Chat, Email, Phone Support (24/5)
Mobile AppYes (iOS and Android)Yes (via MT4 and MT5 apps)
Cryptocurrency TradingYes (direct crypto and CFDs)Yes (crypto CFDs only)
Order TypesMarket, Limit, Stop Loss, Take ProfitMarket, Limit, Stop, Trailing Stop, Pending Orders
Risk Management ToolsStop Loss, Take Profit, Negative Balance ProtectionNegative Balance Protection, Stop Loss, Take Profit
Deposit FeesNoneNone
Regulatory ProtectionsCompensation schemes based on region (e.g., FSCS in the UK)Compensation schemes based on region (e.g., FSCS in the UK)
Social Trading CommunityYes (eToro's main platform)No
Professional Account FeaturesHigher Leverage, Exclusive FeaturesHigher Leverage, Lower Commissions
Islamic AccountYesYes
Market Execution Speed1 millisecond to a few seconds (depends on asset)Ultra-low latency (as low as 0.2 milliseconds for Pro accounts)
Scalping AllowedNoYes
Hedging AllowedNoYes
Algo/Automated TradingNo (but offers Smart Portfolios and Copy Trading)Yes (via Expert Advisors on MT4/MT5)
ECN/STP ExecutionNo (Market Maker model)Yes (STP and ECN available for Pro and VIP)
Spread TypeFixed or variable (based on asset class)Variable (dependent on account type)
Stop-Out Level50% (retail), 20% (professional)30% (EU/UK), 100% for others
Negative Balance ProtectionYesYes
Fractional SharesYes (stocks and ETFs)No (but CFDs simulate fractional exposure)
Lot Sizes0.01 minimum lot (for Forex)0.01 minimum lot
Currency Conversion FeeYes (for non-USD deposits/withdrawals)Yes (for non-base currency transactions)
Corporate AccountsNoYes
Bonus OffersNo (due to regulation in most regions)Yes (depending on jurisdiction)
Position Holding CostsOvernight fees on leveraged tradesSwap fees for holding positions overnight
Access to Real SharesYes (zero-commission real stocks in certain markets)No (CFD shares only)
VIP/Exclusive ProgramsYes (eToro Club with tiered benefits)Yes (VIP account with reduced commissions)
Account Verification Time1-2 business days (depending on documents)1-3 business days (depending on documents)
Regulatory TransparencyPublicly discloses regulatory bodies and policiesPublicly discloses regulatory oversight and fee policies
Market Depth/Level 2No (basic market data available)Yes (via MT5 for Pro accounts)
Social FeaturesNewsfeeds, Community Discussions, CopyTrader StatsNo direct social features, only trading signals via MT4/MT5
Partnerships & PromotionsFrequent collaborations with brands (e.g., sports sponsorships)Fewer promotions, primarily focused on trading contests
Withdrawal Time1-8 business days (depending on payment method)1-2 business days (usually processed within 24 hours)
Risk Score/IndicatorsYes (for Copy Trading, shows trader performance metrics)No built-in risk score, uses traditional drawdown statistics
Trading Sentiment ToolsYes (community-based sentiment data)No (but third-party sentiment tools can be integrated)
Risk Warning and Protection ToolsYes (platform prompts, risk score notifications)Yes (margin calls, stop-out protections)
Security of FundsSegregated client funds, investor compensation schemesSegregated client funds, compensation schemes
Two-Factor Authentication (2FA)YesNo (depends on MT4/MT5 security features)
Affiliate/IB ProgramYes (Partner Program for affiliates)Yes (Affiliate and Introducing Broker (IB) programs)
Trading SignalsYes (community-generated insights and trends)Yes (via MT4/MT5 plugins)
News Feed IntegrationProprietary real-time news feed, analyst reportsYes (via MT4/MT5 news widgets)
Charting Features70+ indicators, drawing tools, simple to useAdvanced charting with customizable templates and EAs
Depth of Analysis ToolsBasic, suitable for beginnersAdvanced tools for pro-level technical analysis
Onboarding ProcessEasy, guided with tutorials and explainer videosSimple but requires familiarity with MT4/MT5
Historical Data AccessYes (with some limitations on free accounts)Yes (more robust via MT4/MT5)
Price Alerts and NotificationsYes (push notifications, SMS, and email alerts)Yes (via MT4/MT5 alerts and desktop pop-ups)
Execution ModelMarket Maker (internal order matching)ECN/STP (direct market access with low latency)
Slippage ProtectionLimited slippage control optionsLow slippage due to market access and order speed
Micro LotsYes (0.01 lot size)Yes (0.01 lot size)
Trade Customization OptionsLimited (based on eToro interface)Extensive (via MT4/MT5 customizable scripts)
Regulated RegionsEurope, USA (crypto services only), Australia, UK, AsiaEurope, Africa, Asia, Latin America, Australia
Partnership with Payment ProvidersYes (e.g., PayPal partnership for deposits)Yes (localized payment partners in certain regions)
Web vs Desktop PlatformsWeb-based proprietary platform, mobile app onlyDesktop, web-based MT4/MT5, and mobile versions
Custom Indicators SupportNo (only pre-built indicators)Yes (via MT4/MT5 custom indicator support)
Backtesting CapabilityNo (manual trade history review only)Yes (via MT4/MT5 strategy tester)
Trade TransparencyPartial (market orders processed internally)Full (direct ECN/STP execution details)
PAMM/MAM AccountsNo (does not support multi-account management)Yes (for fund managers using MAM/PAMM solutions)
Swap-Free OptionsYes (for Islamic accounts)Yes (Islamic accounts available)
Account ArchivingAccounts are archived after prolonged inactivityDormant fees after 6 months of inactivity
Contests and Trading CompetitionsNo (due to regulation)Yes (regular competitions with cash prizes)
Rebate ProgramNoYes (rebate programs for active traders)
Market Sentiment DashboardYes (via community data and trading insights)No (requires external plugins for sentiment analysis)
Multi-Language SupportYes (over 20 languages supported)Yes (more than 15 languages supported)
Corporate/Business Trading AccountsNoYes (with separate requirements)
Weekend TradingYes (crypto and certain indices)No (weekend trading not available)
Regulatory RestrictionsSome CFDs restricted based on regionCFDs limited by region-specific regulations
Cryptocurrency WalletYes (eToro Money wallet for direct crypto ownership)No (crypto available as CFDs only)
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eToro excels in social trading, copy trading, and beginner-friendly features, while Tickmill is ideal for professionals seeking tight spreads, low latency, and MT4/MT5 support.