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Pepperstone vs Tickmill: licences, costs and platforms
Facts from both companies’ official pages and regulators’ registers, side by side. We show what the numbers say; the choice is yours.
Facts verified on October 7, 2026
Key differences
- Pepperstone has the lower minimum deposit: $0, against $100.
- Tickmill charges less commission on its raw spread account: $6 per lot, against $7.
- Only Pepperstone is licensed by SCB, CMA (Kenya), CMA (UAE), and ASIC.
- Only Tickmill is licensed by FSA and FSCA.
- Only Pepperstone offers cTrader.
- Only Tickmill offers Tickmill Trader.
- Only Pepperstone supports M-Pesa, Mobile Money (MTN MoMo, Orange Money), and PayPal for deposits and withdrawals.
- Users of other platforms rate Pepperstone higher: 4.6/5, against 4.1/5 for Tickmill.
Side by side
| Criterion | Pepperstone | Tickmill |
|---|---|---|
| Rating | ||
| Rating on other platforms | 4.6/5 (37.8K) | 4.1/5 (4K) |
| Regulators | SCB, CMA (Kenya), CMA (UAE), DFSA, FCA, CySEC, ASIC | FSA, FCA, DFSA, CySEC, FSCA |
| Minimum deposit | No minimum | $100 |
| Account types | Standard, Razor | Classic, Raw, TradingView Raw |
| Commission per lot (raw spread account) | $7 | $6 |
| Platforms | MetaTrader 5, cTrader, MetaTrader 4, TradingView | MetaTrader 4, MetaTrader 5, Tickmill Trader, TradingView |
| Maximum leverage | — | up to 1:1000 (FSA) |
| Swap-free (Islamic) account | — | On request |
| Deposit and withdrawal methods | M-Pesa (Kenya), Mobile Money (MTN MoMo, Orange Money; Uganda), Visa / Mastercard, PayPal, Neteller, Skrill, Bank transfer, Bank transfer (United Arab Emirates) | Bank transfer, Visa / Mastercard, Skrill, Neteller |
| Retail CFD accounts losing money | 74.1% | 74% |
| Not available in | — | 5 countries |
| Founded | — | — |
| Headquarters | — | — |
| Read review | Read review |
Frequently asked questions
Which regulators license Pepperstone and Tickmill?
Pepperstone is licensed by SCB, CMA (Kenya), CMA (UAE), DFSA, FCA, CySEC, and ASIC; Tickmill by FSA, FCA, DFSA, CySEC, and FSCA.
What is the minimum deposit at Pepperstone and Tickmill?
Pepperstone: No minimum. Tickmill: $100.
Which trading platforms do Pepperstone and Tickmill offer?
Both offer MetaTrader 5, MetaTrader 4, and TradingView. Only Pepperstone offers cTrader. Only Tickmill offers Tickmill Trader.
Which payment methods do Pepperstone and Tickmill support?
Both support Visa / Mastercard, Neteller, Skrill, and Bank transfer for deposits and withdrawals. Only Pepperstone supports M-Pesa, Mobile Money (MTN MoMo, Orange Money), and PayPal for deposits and withdrawals.
How are Pepperstone and Tickmill rated on other platforms?
Pepperstone: 4.6/5 (37.8K); Tickmill: 4.1/5 (4K). These are ratings by app store and TradingView users, not a Wealth.cat score.
Full reviews
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