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Plus500 vs. Tickmill

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Plus500 and Tickmill are leading online brokers with premium trading experiences. Plus500 is a safe broker with licenses from MAS, ASIC, and FCA. It provides impressive trading platforms and tools with some educational data. We recommend it for experienced investors, as its research and educational tools are limited. 

Broker NamePlus500Tickmill
Year Founded20082014
RegulationFCA, ASIC, CySEC, FSCA, FMA, MAS, FSAFCA, CySEC
Tradable AssetsForex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.CFDs, Forex
Min Deposit$100$100
Min Trade$0$0
PlatformsWeb, MobileWeb, Mobile, Desktop
DepositFree of charge$100
WithdrawalsFree of charge$0

Tickmill is a MetaTrader broker with competitive pricing for professionals and an FCA license. It offers access to copy trading and reliable market insights. Tickmill’s educational materials are better than the industry average. We recommend it for traders of all levels of experience. 

Both brokerage firms have strengths and weaknesses. This article discusses the differences between Plus500 and Tickmill. 

Top findings from the Plus500 vs. Tickmill review: 

  1. Plus500 is a trustworthy broker with impressive trading tools and platforms. 
  1. Tickmill is a MetaTrader-only broker popular with high-balance traders.  
  1. Both brokers have a virtual trading account for traders to test their offering.  

Plus500 is a good choice for professional traders, as it has limited educational materials. We recommend Tickmill to all traders that want access to excellent trading information.  

Overall Rating

FeaturePlus500Tickmill
Overall44
Commissions & Fees45
Offering of Investments43
Platforms & Tools43
Mobile Trading43
Research34
Education34
Trust Score9881
WinnerYES
72% of retail CFD accounts lose money76% of retail CFD accounts lose money

Level of experience  

Plus500 offers no educational materials, being a better choice for experienced investors. It has some mobile trading tools and an economic calendar. Plus500 offers a demo account and standard tools, including charting and watch lists. 

Tickmill offers valuable educational materials, including forex education, webinars, and beginner trading videos. The market insights available with this broker cover essential data and news. Tickmill’s copy trading tools make it a good choice for traders of all levels of experience. 

Fees 

The minimum initial deposit at Plus500 is €100, while at Tickmill is $100. The average EUR/USD spread at Plus500 is 0.6, while at Tickmill is 0.53. Tickmill offers an active trader discount, while Plus500 does not. 

Assets  

Tickmill has 62 forex currency pairs, while Plus500 has 50 available pairs. Plus500 provides access to 2033 CFDs, while Tickmill has 13 available. 

Trading platform  

Plus500 offers a proprietary platform, a desktop, and a web platform. It provides some research, educational, and trading tools. Plus500 is a broker with a premium trading experience and professional platforms. It is an excellent choice for experienced traders. 

Tickmill offers the standard MT4 experience with a desktop and web platform. It provides copy trading tools, ZuluTrade, and many research tools. Tickmill is a good choice for new traders, as it offers access to valuable educational and market data. 

Banking services  

Banking services contribute to an outstanding online trading experience. Plus500 offers many funding options, including bank wire, credit/debit, PayPal, and Skrill. Tickmill offers bank wire, credit/debit, and Skrill. 

Final verdict  

Plus500 and Tickmill are leading online brokers. Both have advantages and disadvantages, depending on your needs, skills, and trading experience. Plus500 is a good choice for professional traders, as it offers reliable tools and limited educational data. We recommend Tickmill to traders of all levels of experience, as it has both professional and beginner-friendly tools. 

Plus500 compared to other brokers:


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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