6 minute read
JustMarkets vs Tickmill: Which Broker Is Right for You?
from JustMarkets
by Exness_India
Choosing the right broker can make or break your trading experience. If you're trying to decide between JustMarkets and Tickmill, the answer depends on what you value most—be it low spreads, account variety, regulation, or platform support. Both brokers have solid reputations, but they cater to different types of traders. Here's the straight answer: If you’re a beginner or looking for flexibility and promotions, JustMarkets might be better. But if you’re an experienced trader focused on ultra-low spreads and institutional-level execution, Tickmill has the edge.
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Let’s dive deeper into what makes each broker unique and help you choose the one that aligns best with your trading goals.
Regulation and Safety
When choosing a broker, regulatory status is crucial. Both JustMarkets and Tickmill are regulated, but the nature and level of oversight differ.
Tickmill is a highly regulated broker. It holds licenses from major financial authorities, including the UK’s FCA, Cyprus’ CySEC, South Africa’s FSCA, and the Seychelles FSA. Its FCA regulation gives it extra credibility in the eyes of traders seeking a high standard of protection, such as segregated accounts, investor compensation schemes, and strict operational requirements.
JustMarkets, on the other hand, is regulated by the Financial Services Authority (FSA) of Seychelles. While this regulation allows the broker to offer flexible conditions like high leverage, it’s not as strict as Tier-1 regulators. That said, JustMarkets has maintained a trustworthy reputation in the retail trading space and has expanded in many emerging markets due to its user-friendly model.
Verdict: Tickmill wins on regulatory credibility, making it a better choice for traders who prioritize safety and compliance.
Trading Instruments
Both brokers provide access to the forex market, but the range of instruments can influence your decision.
JustMarkets offers trading in forex pairs, indices, commodities, cryptocurrencies, and shares. Its crypto offerings and stock CFDs make it a good option for those who want multi-asset exposure without opening accounts across multiple platforms.
Tickmill is primarily a forex and CFD broker. It offers fewer asset classes, focusing heavily on major and minor forex pairs, commodities, bonds, and stock indices. While its selection is narrower, it makes up for it with professional-grade execution and institutional spreads.
Verdict: JustMarkets offers more variety, particularly if you're interested in trading stocks or cryptocurrencies alongside forex.
Spreads and Trading Costs
For serious traders, costs like spreads and commissions matter.
Tickmill is known for its low spreads and razor-thin pricing. On its Pro and VIP accounts, spreads can start from 0.0 pips, with commissions as low as $2 per side. These low trading costs make it highly attractive to scalpers, day traders, and algorithmic traders.
JustMarkets also offers competitive spreads, especially on its Raw Spread account. However, spreads can fluctuate more widely compared to Tickmill under high volatility. Commissions are also slightly higher on equivalent account types.
Verdict: Tickmill is superior in terms of raw trading costs. If minimizing expenses is your priority, Tickmill is the right choice.
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Account Types
Different traders need different account structures.
JustMarkets offers a wide range of account types, including Standard, Pro, Raw Spread, and Cent accounts. The Cent account is particularly helpful for beginners or those wanting to test strategies with low risk. Minimum deposits are low, making it accessible for traders on a tight budget.
Tickmill, by contrast, has three core accounts: Classic, Pro, and VIP. The Pro and VIP accounts offer ECN-like conditions, while the Classic account is commission-free with slightly higher spreads. Minimum deposit requirements for the VIP account are higher, which may be limiting for smaller retail traders.
Verdict: JustMarkets is more beginner-friendly, offering more account flexibility, especially for micro and cent trading.
Platforms and Tools
Both brokers offer the MetaTrader suite, but with some differences in functionality and tool integration.
JustMarkets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), catering to traders who prefer either version. MT5 gives access to more timeframes, depth of market, and integrated economic calendars. JustMarkets also provides trading calculators, analytics, and promotions like deposit bonuses.
Tickmill offers only MT4, though it includes advanced features like Autochartist, VPS hosting for algorithmic traders, and custom analytics. While the lack of MT5 might be a drawback for some, Tickmill’s execution quality and professional tools compensate for it.
Verdict: JustMarkets wins on platform variety by offering both MT4 and MT5, while Tickmill appeals to pros who value precision over platform choice.
Education and Customer Support
Education and customer support often make or break a broker for new traders.
JustMarkets provides a solid range of educational materials: trading basics, articles, market analysis, and webinars. It also supports multiple languages and has a user-friendly interface, particularly suitable for non-English speakers.
Tickmill stands out for its deep research and professional-grade webinars. Their economic calendar, trading guides, and weekly market outlooks are top-notch. However, their educational materials are geared more towards intermediate and advanced traders.
Both brokers offer 24/5 customer support via live chat and email, and response times are fast and effective.
Verdict: For beginners, JustMarkets has a more accessible education system. Tickmill’s content is deeper but less suited for those just starting out.
Bonuses and Promotions
If you’re looking to get more out of your deposits, this section matters.
JustMarkets frequently runs promotions like deposit bonuses, risk-free trades, and trading contests. These are especially popular in Southeast Asia, Latin America, and Africa, where many traders seek ways to extend their capital.
Tickmill is conservative in this regard. While it does offer occasional contests or rebates, its focus is on tight spreads and execution rather than flashy incentives.
Verdict: JustMarkets wins hands down on promotions. If bonuses matter to you, it’s the better pick.
Deposit and Withdrawal Methods
Both brokers offer fast, flexible deposits and withdrawals, but regional availability may vary.
JustMarkets supports a wide range of local payment methods, e-wallets, and crypto payments. This makes it highly adaptable to traders in emerging markets.
Tickmill offers standard options—bank transfers, credit cards, and major e-wallets like Skrill and Neteller. Withdrawals are generally fee-free and processed quickly.
Verdict: JustMarkets offers more localized and crypto-friendly payment solutions, making it ideal for international traders.
Final Verdict: Which Broker Is Right for You?
Here’s the bottom line: Choose JustMarkets if you’re a beginner, enjoy bonuses, want a flexible account setup, or need access to crypto and stock CFDs. Choose Tickmill if you’re a seasoned trader looking for ultra-low spreads, fast execution, and top-tier regulation.
If safety, regulation, and institutional trading conditions are your priority: Tickmill is the better fit.
If you’re after variety, promotions, and lower deposit thresholds: JustMarkets is more suitable.
Both brokers are reliable and have solid reputations, but your individual trading style and goals should determine your choice.
The right broker isn't the one that's objectively better—but the one that's better for you.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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