Saxo Bank vs. Tickmill Comparison

This comparison overview helps individuals who battle to pick in between Saxo Bank and Tickmill to locate the most effective online broker for their trading and investment needs. It analyzes the highlights of both brokers side by side to help individuals contrast their service and make an educated choice.

To aid customers select the appropriate broker between Saxo Bank and Tickmill to find the best-suited platform, listed below is a list of broker’s pros and cons, followed by a comparison of their major trading features, consisting of trading platforms & tools, costs, mobile trading, down payment & withdrawal, possessions, regulation, and client assistance.

Saxo Bank vs. Tickmill: Summary

Saxo Bank logo

Saxo Bank is a reputable global brand known for its complete overall offer and exclusive conditions for high volume traders and investors. Users can enjoy cutting edge trading technology paired with a premium interface and great trade execution on mobile and desktop. The Saxo Bank trading platform offers a feature rich trading experience, easy to use interface, competitive margin rates, and trading on over 40,000 financial instruments. This makes them an industry leader in trading assets coverage as an ECN broker.

If you can afford the minimum deposit of $10.000, this is the go to broker for traders and investors at all levels. They combine high-quality in-house research with top-tier third-party providers and a diverse portfolio of investment options.

Investors who are looking to trade in accordance with Sharia Law can open an islamic account. Saxo Bank also offers high quality customer service in Arabic and English language via phone, email or in person at their local office with guaranteed satisfying answers.

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

  • Industry leading market coverage
  • Excellent Trading Features with SaxoTraderGo
  • Advanced order type and account protection features
  • Intuitive and easy to use mobile trading app
  • Great education and research materials
  • Competitive fee structure for active traders

Cons

  • $10,000 minimum deposit for UAE users
  • High time investment to set up
  • Only for advanced traders

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

  • 40.000 tradable symbols available (crypto derivatives, forex options and futures)
  • Advanced account protection and order types
  • Fast execution of trades
  • $2.000 minimum deposit
  • “Best in class” educational resources
  • Great ease of use level combined with advanced features

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)

Saxo Bank vs. Tickmill Comparison

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Compare brokers
Saxo

Saxo Bank

Open account Read review

69% of retail investor accounts lose money when trading CFDs with this provider.

Tickmill logo

Tickmill

Open account Read review

70% of retail CFD accounts lose money

BROKER COMPARISON

Saxo
Tickmill logo

Overall rating

4,9/5

4,2/5

Overall rating

4,9/5

4,2/5

Trading Platform & Tools

4.9

4.7

See details
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

4.7

4.5

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0
Cost Per Trade 0 Futures $0.85 per contract
Cost Per Month 0 0
Forex (EUR/USD) 1 0
Stocks & ETF 0.08% with $1 min. commission on US stocks 0
CFD (Gold) $0.60 0
Crypto 0 0
Options $0.75 $1.30 per contract
Conversion Fees 0,75% 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.7

3.8

See details
Minimum deposit (in UAE) $5000 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

3.0

See details
Shares 30.000 0
ETF & Funds 5.800 0
Crypto 9 0
Commodities 0 0
Indices 0 0
Options 3.000 240
Futures 300 800
Bonds 4.200 0
Forex Instruments 200 62
CFD Indices & Funds 50 26
CFD Stocks 19.000 0
CFD Commodities 50 3
CFD Crypto 0 8
CFD Bonds 0 4
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.8

4.3

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

Customer Support

4.9

3.5

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

Winner

Saxo Bank vs. Tickmill Comparison Conclusion

The outcomes of our contrast of Saxo Bank vs. Tickmill are wrapped up in the table below.

Broker:Best For:
Saxo BankPremium Trades and CFD Trading
TickmillCFD trading; High volume traders

Picking the best option between Saxo Bank and Tickmill can be tough. Both online brokers have similarities yet vary concerning trading tools, platforms & applications, policy, deposit & withdrawals, and research study and education. Selecting the best broker relies on individuals’ trading & financial investment goals, individual choices, 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.

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