BrokerAudit may receive compensation from partners featured on this page. This does not influence our ratings. See our methodology.
Pepperstone vs Tickmill 2026
A detailed head-to-head comparison of Pepperstone and Tickmill across regulation, trading costs, platforms, and more.
Score Breakdown
Category-by-Category Winner
Detailed Comparison
Overview
Trading Costs
Platforms & Features
Instruments
Pepperstone vs Tickmill: Our Analysis
Overall Verdict
With an overall score of 88.6/100 vs 80.3/100, Pepperstone edges out Tickmill by 8.3 points. This moderate gap suggests Pepperstone has an edge in several key areas.
Trading Costs
On the EUR/USD pair, Pepperstone offers an average spread of 0.10 pips with a $7.00 round-turn commission, while Tickmill comes in at 0.10 pips with a $6.00 commission. Both brokers offer identical EUR/USD spreads. Minimum deposit is $0 at Pepperstone and $100 at Tickmill.
Regulation & Safety
Pepperstone holds 6 regulatory licenses with a highest tier of Tier 1 (FCA, ASIC, DFSA), while Tickmill has 5 licenses at Tier 1 (FCA, CySEC, DFSA). Pepperstone has more regulatory licenses overall.
Platform Comparison
Pepperstone offers MT4, MT5, cTrader, TradingView — uniquely offering cTrader which Tickmill does not have. Tickmill supports MT4, MT5, TradingView, Tickmill Trader, with exclusive access to Tickmill Trader. Both brokers offer a comparable range of platforms.
Who Should Choose Which?
Pepperstone suits cost-conscious traders, beginners seeking education, traders who want advanced tools, traders who prioritize safety, traders wanting a wide instrument range, while Tickmill is better for a broad range of trading styles. Both brokers offer demo accounts, so you can test each before committing real funds.
Frequently Asked Questions
Based on our testing, Pepperstone scores higher overall at 88.6/100 compared to Tickmill's 80.3/100. However, "better" depends on your priorities — Tickmill may be superior in specific categories like certain niche features.
Both brokers offer identical EUR/USD average spreads of 0.10 pips. Compare their GBP/USD and USD/JPY spreads in the detailed table above to spot differences.
Pepperstone scores higher for regulation and trust at 90/100, holding licenses from FCA, ASIC, DFSA. Tickmill scores 82/100 with FCA, CySEC, DFSA.
For beginners, Pepperstone is the stronger choice with an education and research score of 75/100. It offers structured trading courses, webinars, and a free demo account. Tickmill scores 68/100 for education.
Yes, there is no restriction on having accounts with both Pepperstone 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.
Reviewed by
Neil CNeil 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