Page Summary
eToro and Tickmill are leading online brokers with premium trading experiences. eToro is the leading social trading broker with secure platforms. It has licenses from the FCA, ASIC, and CySEC. eToro has a proprietary web platform and a dedicated social trading space. We recommend it for advanced traders, as it offers limited research and educational tools.
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eToro
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. eToro AUS Capital Ltd ACN 612 791 803 AFSL 491139. OTC Derivatives are speculative and leveraged. Not suitable for all investors. Capital at risk. See PDS and TMD
Tickmill
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:20 | 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
| Withdrawal Fee | $5 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $10 a month after one year | 0 |
| Cost Per Trade | $0 | Futures $0.85 per contract |
| Cost Per Month | $0 | 0 |
| Forex (EUR/USD) | 1.1 pip | 0 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 5 pip | 0 |
| Crypto | 0 | 0 |
| Options | 0 | $1.30 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $200 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 2.800 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 30 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 240 |
| Futures | 0 | 800 |
| Bonds | 0 | 0 |
| Forex | 49 | 62 |
| CFD Indices & Funds | 250 | 26 |
| CFD Stocks | 2800 | 0 |
| CFD Commodities | 54 | 3 |
| CFD Crypto | 32 | 8 |
| CFD Bonds | 0 | 4 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Tickmill is a MetaTrader-only broker with competitive pricing for professionals. It offers copy trading and useful market insights. Tickmill’s educational center is better than the industry average. This broker is an excellent choice for new traders.
Both online brokers have advantages and disadvantages. This article discusses the differences between eToro and Tickmill.
Top findings from the eToro vs. Tickmill review:
- eToro is the leading social trading broker with premium services.
- Tickmill is a MetaTrader broker popular with high-balance traders.
- Both brokers have a virtual trading account to test their offering.
eToro is a good choice for experienced traders as it offers world-leading social trading tools. Tickmill is a good fit for traders of all experience levels because of its straightforward platforms and learning tools.
Level of experience
eToro is a professional social trading broker with an impressive portfolio. It has useful research tools, including social sentiment and an economic calendar. Its research and education tools are limited, which is why we recommend it for professional traders.
Tickmill has valuable educational materials, including forex education and beginner trading videos. It offers market insights that cover essential data and news. Tickmill’s copy trading tools make it a good fit for traders of all levels of experience.
Fees
The minimum initial deposit at eToro is $200, while at Tickmill is $100. Both brokers have a transparent fee policy and offer an active trader discount.
Assets
Tickmill has 62 forex currency pairs, while eToro has 47 available pairs. eToro provides access to 2314 CFDs, while Tickmill has 13 available CFDs.
Trading platform
eToro offers a premium social trading experience with dedicated platforms. It has some educational and research tools. eToro offers a demo account, a mobile app, and a proprietary platform. It is a top choice for advanced traders as it has limited educational and market data.
Tickmill offers the standard MT4 experience with a web and a desktop platform. It has copy trading tools, ZuluTrade, and several research tools. Tickmill is a good choice for beginners, as it has valuable educational and market data.
Banking services
Banking services are important for a good online trading experience. eToro offers six funding options, including bank wire, credit/debit cards, PayPal, and Skrill. Tickmill offers bank wire, credit/debit cards, and Skrill.
Final verdict
eToro and Tickmill are leading online brokers. Both have strengths and weaknesses, depending on your trading experience and skills. We recommend eToro for advanced traders, as it has premium platforms and social trading tools. Tickmill is a better choice for beginners because it offers reliable learning tools.
eToro compared to other brokers: