Choose Interactive Brokers if you want…
Active traders, professional clients, and serious investors wanting institutional-grade execution across all asset classes.
We compared Interactive Brokers and Tickmill across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Interactive Brokers wins on more criteria (4 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Interactive Brokers | Tickmill | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.8 / 5 | ⭐ 4.5 / 5 | Interactive Brokers |
| Regulators | SEC/FINRA, FCA, ASIC, MAS, FSA Japan, SFC HK, CySEC, BaFin | FCA, CySEC, FSA Seychelles, FSCA, Labuan FSA | Interactive Brokers |
| Min. deposit | $0 (no minimum) | $100 | Interactive Brokers |
| Spreads from | 0.1 pips + $2/lot (Pro) / IBKR Lite (commission-free US stocks) | 0.0 pips (Pro / Raw) | Tickmill |
| Max. leverage | Up to 1:30 (EU retail) / 1:50 (US) / 1:400 (Pro) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | Trader Workstation (TWS), IBKR Mobile, IBKR GlobalTrader, API | MT4, MT5, Tickmill Trader | Interactive Brokers |
| Founded | 1978 | 2014 | — |
| HQ | Greenwich, Connecticut, USA | London, UK / Limassol, Cyprus | — |
Active traders, professional clients, and serious investors wanting institutional-grade execution across all asset classes.
Cost-sensitive scalpers and high-volume traders who prioritise the lowest commissions on FX majors.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Interactive Brokers wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Interactive Brokers holds licenses from: SEC/FINRA, FCA, ASIC, MAS, FSA Japan, SFC HK, CySEC, BaFin. Tickmill holds licenses from: FCA, CySEC, FSA Seychelles, FSCA, Labuan FSA. Interactive Brokers has more regulatory licenses, giving it broader geographic coverage.
Interactive Brokers spreads start from 0.1 pips + $2/lot (Pro) / IBKR Lite (commission-free US stocks). Tickmill spreads start from 0.0 pips (Pro / Raw). Actual spreads vary by account type and market conditions.
Interactive Brokers: $0 (no minimum). Tickmill: $100. Interactive Brokers has the lower entry barrier.