Pepperstone vs Tickmill (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

Pepperstone

Trust rank #10 · Founded 2010

Pepperstone is a well-regarded forex broker offering access to forex and CFD markets through multiple trading platforms, with tools for analysis and risk management.

Read the Pepperstone review

Tickmill

Trust rank #31 · Editorial rating 8.7 / 10 · Founded 2014

Tickmill is a well-regarded forex and CFD broker that provides broad market access, platform choice, and tools for analysis, education, and risk management. It offers account options and support suited to a…

Read the Tickmill review

Pepperstone (Australia, founded 2010) holds 8 regulatory licences (ASIC, BaFin, CMA, CySEC, DFSA…), 3 of them tier-1, offers cTrader, MT4, MT5, TradingView and sits in our low-fee bracket. Tickmill (United Kingdom, founded 2014) holds 5 regulatory licences (CySEC, FCA, FSCA, Labuan FSA, Seychelles FSA), 1 of them tier-1, offers MT4, MT5 and sits in our low-fee bracket. The two overlap in 226 countries; Pepperstone is available in 3 countries where Tickmill is not, and Tickmill in 2 where Pepperstone is not.

Verdict at a glance

  • Pepperstone leads on trust rank, track record, regulatory coverage, platform choice, country coverage and tier-1 licences.
  • Level on instrument range and fee level.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

Pepperstone vs Tickmill: side-by-side data

CriteriaPepperstoneTickmill
Editorial ratingNot verified8.7 / 10
Trust rank#10#31
Founded20102014
HeadquartersAustraliaUnited Kingdom
RegulatorsASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCBCySEC, FCA, FSCA, Labuan FSA, Seychelles FSA
Broker typeECN, STPECN, STP
PlatformscTrader, MT4, MT5, TradingViewMT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted229 countries228 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingCopy Trading, Professional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

Pepperstone

  • Raw spreads from 0.0 pips + low commissions
  • Ultra-low-latency market execution, deep liquidity
  • NDD/STP model with scalping, hedging, and EAs allowed
  • MT4/MT5, cTrader, TradingView, and API support
  • Top-tier regulation (FCA, ASIC)

Tickmill

  • Tight spreads and low commissions
  • Fast NDD execution, low latency
  • FCA & CySEC regulation
  • MT4 and MT5 platforms
  • High leverage up to 1:500

Cons

Pepperstone

  • No guaranteed stop-loss orders
  • Negative balance protection limited to EU/UK retail clients
  • Not available to U.S. residents
  • CFDs-only offering (no real stocks/ETFs)
  • No proprietary trading platform

Tickmill

  • CFD-only; no real share or ETF investing
  • No guaranteed stop-loss orders (GSLOs)
  • Protections vary by entity; offshore regulation for many clients
  • No proprietary platform; MetaTrader-focused
  • Limited in-house research and education tools

Key features

Pepperstone

  • Agency model no dealing desk market execution
  • Razor raw spreads and Standard pricing
  • MT4 MT5 cTrader and TradingView platforms
  • Advanced tools Autochartist Smart Trader Tools cTrader Automate and VPS
  • Tier 1 regulation and segregated client funds ASIC FCA CySEC DFSA BaFin
  • Wide range of CFDs forex indices commodities shares and crypto where permitted

Tickmill

  • Multi jurisdiction regulation FCA CySEC FSCA and FSA Seychelles
  • ECN no dealing desk execution with raw spreads and low commissions
  • MetaTrader 4 and MetaTrader 5 with VPS and FIX API
  • Multi asset CFDs Forex Indices Commodities Bonds and Cryptocurrencies
  • Negative balance protection and segregated client funds
  • Scalping hedging algorithmic and copy trading supported

Country availability: Pepperstone vs Tickmill

Available at both (226): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Canada, Cayman Islands, Central African Republic, Chad, Chile, China and 186 more.

Only Pepperstone (3): India, Japan, Singapore.

Only Tickmill (2): Belgium, Spain.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

Pepperstone vs Tickmill: common questions

Which broker is more regulated, Pepperstone or Tickmill?

Pepperstone holds more regulatory licences: Pepperstone (ASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB) versus Tickmill (CySEC, FCA, FSCA, Labuan FSA, Seychelles FSA). Tier-1 licences: Pepperstone 3, Tickmill 1.

Which trading platforms do Pepperstone and Tickmill offer?

Pepperstone offers cTrader, MT4, MT5, TradingView; Tickmill offers MT4, MT5.

Which has lower fees, Pepperstone or Tickmill?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, Pepperstone or Tickmill?

Pepperstone is the older of the two, founded in 2010; Tickmill was founded in 2014.

Are Pepperstone and Tickmill available in the same countries?

They overlap in 226 countries. Pepperstone is additionally available in 3 countries (India, Japan, Singapore) and Tickmill in 2 countries (Belgium, Spain).

Keep comparing

Pepperstone

Tickmill

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.