Saxo Bank and Tickmill are leading online brokers with outstanding online experiences. Saxo Bank offers premium services, tools, and trading platforms. It has a transparent fee structure and an active trader discount. Saxo Bank has top-tier licenses from the ASIC, SFC, FCA, FSA, MAS, and FINMA. It is a top choice for active traders of all levels of experience.
Select up to 3 Brokers
69% of retail investor accounts lose money when trading CFDs with this provider.
70% of retail CFD accounts lose money
Trading Platform & Tools
|MetaTrader 4 (MT4)|
|MetaTrader 5 (MT5)|
|Mutual Fund Management|
|Inactivity Fee||$100 / 6months||0|
|Cost Per Trade||0||Futures $0.85 per contract|
|Cost Per Month||0||0|
|Stocks & ETF||$1||0|
|Options||$1.25||$1.30 per contract|
Deposit & Withdrawal
|Minimum deposit (in UAE)||$2000||0|
|Islamic Account Transfer|
|ETF & Funds||5.800||0|
|CFD Indices & Funds||50||26|
|Tier 1 License|
|Tier 2 License|
|Tier 3 License|
Research & Education
|Daily News Updates|
|Market Indepth Analysis|
|Pers. Training & Room|
|Personal Account Manager|
Tickmill is a MetaTrader broker with competitive prices for professionals and an FCA license. It has copy trading tools and excellent market data. Tickmill’s educational tools are better than the industry average. We recommend it for traders of all levels of experience.
Both brokerage firms have advantages and disadvantages. This article discusses the differences between Saxo Bank and Tickmill.
Top findings from the Saxo Bank vs. Tickmill review:
- Saxo Bank is a leading online broker with premium services and social trading tools.
- Tickmill is a leading MetaTrader-only broker popular with high-balance traders.
- Both brokers offer an active trader discount and a demo account.
Saxo Bank is a top choice for traders of all levels of experience as it has social trading and premium tools. New traders choose Tickmill because of its comprehensive learning materials.
Level of experience
Professional traders choose Saxo Bank because of its premium account tiers and trading tools. It offers advanced trading videos for experienced investors. Saxo Bank has beginner-friendly tools, including webinars and forex education. Saxo Bank caters to high-end traders.
Tickmill provides valuable educational data, including beginner trading videos and webinars. It has copy trading tools useful for traders of all levels of experience. Tickmill’s primary client base is beginner and intermediate traders.
The minimum initial deposit at Saxo Bank is US$10,000, while at Tickmill is $100. The average EUR/USD spread at Saxo Bank is 0.8, while at Tickmill is 0.53.
Saxo Bank offers 170 forex currency pairs, while Tickmill has 62 available pairs. Saxo Bank has 9000 CFDs, while Tickmill has 13 available CFDs.
Saxo Bank has an excellent portfolio with desktop, web, and mobile trading platforms. It has a virtual trading account and premium research tools. Saxo Bank has excellent social trading services and access to MT4. We recommend it for active traders of all levels of experience.
Tickmill offers the MT4 suite with a desktop and web platform. It has copy trading tools, ZuluTrade, and many research tools. It is an excellent choice for beginners, as it has a wide range of educational resources and top-tier market data.
Banking services contribute to a smooth online trading experience. Saxo Bank offers bank transfers and credit/debit card transfers. Tickmill has bank transfers, credit/debit cards, and Skrill funding.
Saxo Bank and Tickmill are leading online brokers with excellent services. Both have strengths and weaknesses, depending on your trading needs and experiences. Saxo Bank is a top choice for active traders looking for professional tools. We recommend Tickmill for new investors, as it has robust learning tools.
Saxo Bank compared to other brokers:
- Saxo Bank review
- Saxo Bank vs AVAtrade
- Saxo Bank vs Pepperstone
- Saxo Bank vs XTB
- Saxo Bank vs eToro
- Saxo Bank vs Interactive Brokers
- Saxo Bank vs Forex.com
- Saxo Bank vs Plus500
- Saxo Bank vs VT Markets
- Saxo Bank vs HYCM
- Saxo Bank vs Vantage FX
- Saxo Bank vs OandA
- Saxo Bank vs IC Markets
- Saxo Bank vs TD Ameritrade
- Saxo Bank vs CMC Markets
- Saxo Bank vs Tickmill
- Saxo Bank vs IG
- Saxo Bank vs City Index
- Saxo Bank vs Swissquote
- Saxo Bank vs Fp Markets
- Saxo Bank vs Fx Pro
- Saxo Bank vs FXCM
- Saxo Bank App
- Saxo Bank Minimum Deposit
- Saxo Bank Fees Explained
- Is Saxo Bank Legit?
- Saxo Bank Account Opening
- Saxo Bank Customer Service
- Is Saxo Bank Free?
- Is Saxo Bank Good For Beginners?
- How to Buy/Sell Silver On Saxo Bank
- Can You Trade Options At Saxo Bank?