This comparison overview assists customers that battle to pick between Forex.com and Tickmill to discover the most effective online broker for their trading and financial investment needs. It analyzes the highlights of the two brokers alongside to aid users compare their service and make an informed choice.
To assist individuals select the appropriate broker in between Forex.com and Tickmill to discover the best-suited system, below is a list of broker’s advantages and disadvantages, adhered to by a contrast of their main trading functions, including trading systems & devices, costs, mobile trading, down payment & withdrawal, properties, policy, and customer assistance.
Forex.com vs. Tickmill: Summary
Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.
Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.
Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.
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 ($100)
- Low average spread from 0.74 pips EUR/USD
- Advanced charting features and performance analytics
- Award Winning Mobile trading app
- Professional customer support
Cons
- Educational videos are missing
- MT5 available outside of US only
- Limited assets available on MT5
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
- Competitive trading fees
- Compatibility with MT4 and MT5
- 5500 tradable symbols and 4550 CFDs overall
- Award winning mobile trading app
- Advanced charting and performance analytics available
- Great combination of ease of use and personal customisation
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)
Forex.com vs. Tickmill Comparison
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Forex.com
Tickmill
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:50 | 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 | 0 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | $15 per month (after 12 months) | 0 |
Cost Per Trade | 0 | Futures $0.85 per contract |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.8 pips | 0 |
Stocks & ETF | 0 + spread | 0 |
CFD (Gold) | 0.8 | 0 |
Crypto | 0 | 0 |
Options | 0 | $1.30 per contract |
Conversion Fees | 0.50% | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees | 2.50% |
Deposit & Withdrawal
Minimum deposit (in UAE) | $100 | 0 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
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 | 91 | 62 |
CFD Indices & Funds | 17 | 26 |
CFD Stocks | 9500 | 0 |
CFD Commodities | 22 | 3 |
CFD Crypto | 8 | 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
Forex.com vs. Tickmill Comparison Conclusion
The results of our contrast of Forex.com vs. Tickmill are involved the table below.
Broker: | Best For: |
Forex.com | Forex and CFD trading and MT4 |
Tickmill | CFD trading; High volume traders |
Picking the ideal option between Forex.com and Tickmill can be hard. Both on the internet brokers have similarities yet vary relating to trading instruments, systems & applications, regulation, deposit & withdrawals, and research study and education and learning. Selecting the very best broker depends upon users’ trading & financial investment objectives, specific preferences, and experience level.
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.