This contrast overview assists individuals who battle to choose in between Next Markets and Tickmill to discover the very best online broker for their trading and investment needs. It examines the highlights of both brokers side by side to help individuals contrast their service and make an informed choice.
To assist individuals select the appropriate broker between Next Markets and Tickmill to find the best-suited system, below is a checklist of broker’s pros and cons, followed by a comparison of their major trading attributes, consisting of trading systems & devices, fees, mobile trading, deposit & withdrawal, assets, regulation, and client support.
Next Markets vs. Tickmill: Summary
Next Markets is a multi-asset CFD broker based in Germany. It is regulated by the MFSA and is considered safe. The broker allows users to trade over 7,000 stocks, 1,000 ETFs, and CFDs on cryptos, forex, commodities, and bonds.
Next Market’s fees are below average compared to similar brokers in the industry. They charge 0% commission on stock and ETFs and low fees on CFDs. Forex spreads start from 0.6 pips (EUR/USD). The broker does not charge any withdrawal on inactivity fees.
Next Market’s customer service is available from Monday to Friday from 09:00 to 18:00 by email and phone (+49 221 98259 007).
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 ($0)
- 0% commission stocks and ETFs
- Low spreads from 0.6 pips (EUR/USD)
- Free trading signals
- No hidden commissions or non-trading fees
Cons
- Algorithmic trading is not available
- Limited advanced trading tools and features
- No demo or Islamic swap-free accounts are available
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 8,000 financial instruments
- Broad range of deposit & withdrawal methods
- User friendly mobile app
- Competitive trading fees, spreads, and commissions
- Beginner friendly trading tools and features
- User friendly mobile app
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)
Next Markets vs. Tickmill Comparison
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Next Markets
Tickmill
BROKER COMPARISON
Trading Platform & Tools
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
Withdrawal Fee | 0 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | 0 | 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 |
Deposit & Withdrawal
Minimum deposit (in UAE) | $0.00 | 0 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 7000 | 0 |
ETF & Funds | 1000 | 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 | 1000 | 26 |
CFD Stocks | 7000 | 0 |
CFD Commodities | 0 | 3 |
CFD Crypto | 0 | 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
Next Markets vs. Tickmill Comparison Conclusion
The outcomes of our contrast of Next Markets vs. Tickmill are wrapped up in the table below.
Broker: | Best For: |
Next Markets | Stocks and ETF trading and investing |
Tickmill | CFD trading; High volume traders |
Picking the best selection in between Next Markets and Tickmill can be tough. Both online brokers have similarities but differ concerning trading tools, platforms & applications, law, deposit & withdrawals, and research and education. Choosing the most effective broker depends upon customers’ trading & financial investment objectives, private 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.