Binomo vs. Tickmill Comparison

This comparison overview aids customers that have a hard time to select between Binomo and Tickmill to discover the most effective online broker for their trading and investment needs. It evaluates the main features of both brokers side by side to assist users compare their service and make a notified decision.

To help users pick the appropriate broker between Binomo and Tickmill to locate the best-suited system, below is a listing of broker’s benefits and drawbacks, followed by a comparison of their primary trading attributes, including trading platforms & tools, charges, mobile trading, deposit & withdrawal, properties, policy, and client support.

Binomo vs. Tickmill: Summary

Binomo-logo

Binomo is a binary options broker founded in 2014. It is not regulated and, therefore, not considered a safe broker. Their platform allows users to trade binary options on 60+ assets, including stocks, indices, commodities, and cryptocurrencies.

Binomo pays out up to 90% profit margin on correct predictions. The broker charges an inactivity fee of $10 after 30 days of inactivity.

Binomo’s customer support is available in Arabic and English via email (support@binomo.com).

Tickmill logo

Tickmill is a reputable multi-asset broker founded in 2014. It is regulated by two tier-one regulators (the FCA and MiFIDI) and is considered safe. The broker offers access to 700+ trading instruments including CFD on forex, cryptos, commodities and bonds.

Although Tockmill has an professional grade proprietary platform, they offer access to third party platforms and plugins including MetaTrader (MT4 and MT5), CQG platforms for options trading and TradingView charting addons. Education, research and market coverage are industry average.

Tickmill offers the lowest pricing in the industry for active traders. Their pricing on Classic accounts is industry average.

Pros

  • Low minimum deposit ($10)
  • No hidden commissions or fees
  • High payouts of up to 90%
  • Multiple account types and bonuses
  • Cashback bonus for VIP members
  • Customer support in Arabic

Cons

  • Minimal trading platform compared to other brokers
  • Lengthy account verification procedure
  • Lacks education and research tools

Pros

  • Low minimum deposit ($100)
  • Low average spreads from 0.54 pips EUR/USD
  • Compatibility with MetaTrader 4, 5 and TradingView
  • Free $30 no deposit bonus for beginners
  • Futures and options trading via CQG trading platform

Cons

  • Only offers CFDs
  • No Islamic swap-free accounts available

Key features

  • Access to over 60+ binary options
  • Beginner-friendly user interface
  • Cryptocurrency trading options
  • Low minimum deposit of $10
  • $1 min. trade size
  • Multiple payment options

Key features

  • Wide range of CFDs markets
  • Advanced TradingView charting add-ons
  • Real-time market sentiment data directly from the Dow Jones news feed
  • Free access to Tickmill VPS and Autochartist
  • Low average spread (0.54 pips EUR/USD)

Binomo vs. Tickmill Comparison

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Tickmill logo

Tickmill

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70% of retail CFD accounts lose money

BROKER COMPARISON

Binomo-logo
Tickmill logo

Overall rating

2,2/5

4,2/5

Overall rating

2,2/5

4,2/5

Trading Platform & Tools

1.4

4.7

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 100:1 1:500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.0

4.5

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $30 if no trades after 3 months 0
Cost Per Trade 0 Futures $0.85 per contract
Cost Per Month 0 0
Forex (EUR/USD) 0 0
Stocks & ETF 0 0
CFD (Gold) 0 0
Crypto 0 0
Options 0 $1.30 per contract
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.2

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.0

3.8

See details
Minimum deposit (in UAE) $10.00 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.9

3.0

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 240
Futures 0 800
Bonds 0 0
Forex Instruments 0 62
CFD Indices & Funds 0 26
CFD Stocks 0 0
CFD Commodities 0 3
CFD Crypto 0 8
CFD Bonds 0 4
Binary Options 200 0
SWAPS 0 0
Saving Plans 0 0

Regulation

1.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.0

3.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Binomo vs. Tickmill Comparison Conclusion

The outcomes of our contrast of Binomo vs. Tickmill are wrapped up in the table listed below.

Broker:Best For:
BinomoBinary Options Trading
TickmillCFD trading; High volume traders

Picking the best selection in between Binomo and Tickmill can be challenging. Both on the internet brokers have resemblances however differ pertaining to trading tools, systems & applications, regulation, deposit & withdrawals, and research study and education and learning. Choosing the very best broker depends on users’ trading & investment goals, individual choices, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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