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BlackBull Markets vs Tickmill 2026

A detailed head-to-head comparison of BlackBull Markets and Tickmill across regulation, trading costs, platforms, and more.

BlackBull Markets logo - BrokerAudit
BlackBull Markets

Est. 2014 · Auckland, New Zealand

FMA
75.5/100
Good
Tickmill logo - BrokerAudit
Tickmill

Est. 2014 · London, United Kingdom

FCACySECDFSA
80.3/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
BlackBull MarketsTickmill

Category-by-Category Winner

Category
BlackBull Markets
Tickmill
Regulation & Trust
70
82
Trading Costs
82
90
Platforms & Tools
82
75
Account Conditions
78
78
Deposit & Withdrawal
75
85
Customer Support
72
75
Education & Research
68
68
Overall Score
75.5
80.3

Detailed Comparison

Overview

Year Founded
2014
2014
Headquarters
Auckland, New Zealand
London, United Kingdom
Publicly Listed
Top Regulators
FMA
FCA, CySEC, DFSA
Total Instruments
26,000
600

Trading Costs

EUR/USD Spread
0.16 pips
0.10 pips
GBP/USD Spread
0.60 pips
0.50 pips
USD/JPY Spread
0.28 pips
0.30 pips
Min. Deposit
$0
$100
Commission/Lot
$6.00
$6.00
Inactivity Fee
None
None

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
64
62
CFD Stocks
20,000
500
Indices
40
15
Commodities
20
6
Crypto CFDs
50
10

BlackBull Markets vs Tickmill: Our Analysis

Overall Verdict

With an overall score of 80.3/100 vs 75.5/100, Tickmill slightly edges out BlackBull Markets by 4.8 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.

Trading Costs

On the EUR/USD pair, BlackBull Markets offers an average spread of 0.16 pips with a $6.00 round-turn commission, while Tickmill comes in at 0.10 pips with a $6.00 commission. Tickmill offers tighter pricing on EUR/USD. Minimum deposit is $0 at BlackBull Markets and $100 at Tickmill.

Regulation & Safety

BlackBull Markets holds 2 regulatory licenses with a highest tier of Tier 2 (FMA), while Tickmill has 5 licenses at Tier 1 (FCA, CySEC, DFSA). Tickmill has stronger top-tier regulation.

Platform Comparison

BlackBull Markets offers MT4, MT5, cTrader, TradingView, BlackBull CopyTrader — uniquely offering cTrader, BlackBull CopyTrader which Tickmill does not have. Tickmill supports MT4, MT5, TradingView, Tickmill Trader, with exclusive access to Tickmill Trader. BlackBull Markets provides a wider platform selection.

Who Should Choose Which?

BlackBull Markets suits traders who want advanced tools, traders wanting a wide instrument range, while Tickmill is better for cost-conscious traders, traders who prioritize safety. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, Tickmill scores higher overall at 80.3/100 compared to BlackBull Markets's 75.5/100. However, "better" depends on your priorities — BlackBull Markets may be superior in specific categories like certain niche features.

Tickmill offers tighter spreads with an average EUR/USD spread of 0.10 pips, compared to 0.16 pips at BlackBull Markets. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

Tickmill scores higher for regulation and trust at 82/100, holding licenses from FCA, CySEC, DFSA. BlackBull Markets scores 70/100 with FMA.

Both brokers score 68/100 for education and research, making either a reasonable choice for beginners. Consider minimum deposit (BlackBull Markets: $0, Tickmill: $100) and platform ease-of-use when deciding.

Yes, there is no restriction on having accounts with both BlackBull Markets and Tickmill simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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