This contrast overview assists individuals who have a hard time to pick in between Tickmill and XM to discover the best online broker for their trading and investment requirements. It assesses the main features of both brokers side by side to help users contrast their service and make an educated choice.
To aid customers choose the appropriate broker in between Tickmill and XM to locate the best-suited system, below is a checklist of broker’s pros and cons, adhered to by a contrast of their primary trading functions, consisting of trading platforms & devices, charges, mobile trading, deposit & withdrawal, assets, policy, and client support.
Tickmill vs. XM: Summary
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.
XM is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.
XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.
XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)
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
Pros
- Very good customer support
- Very competitive trading fees
- Good choice of different trading platforms
Cons
- Could have more deposit and withdrawal options
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)
Key features
- Access to 1,000+ trading instruments
- Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
- No re-quotes nor order rejections
- Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
- Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
- Free VPS perfectly suited for EAs and other automated trading software
Tickmill vs. XM Comparison
Select up to 3 Brokers
Tickmill
XM
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:500 | 1:888 |
| 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 | Futures $0.85 per contract | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0 | 1.6 pips |
| Stocks & ETF | 0 | 0,1% – (min $5) |
| CFD (Gold) | 0 | 3 pips |
| Crypto | 0 | |
| Options | $1.30 per contract | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | $5 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 100 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 240 | 0 |
| Futures | 800 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 62 | 55 |
| CFD Indices & Funds | 26 | 14 |
| CFD Stocks | 0 | 1286 |
| CFD Commodities | 3 | 14 |
| CFD Crypto | 8 | 5 |
| CFD Bonds | 4 | 0 |
| 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
Tickmill vs. XM Comparison Conclusion
The results of our comparison of Tickmill vs. XM are wrapped up in the table listed below.
| Broker: | Best For: |
| Tickmill | CFD trading; High volume traders |
| XM | Research & Education |
Choosing the right choice between Tickmill and XM can be hard. Both on-line brokers have resemblances yet differ pertaining to trading tools, platforms & applications, law, down payment & withdrawals, and research study and education. Choosing the best broker relies on customers’ trading & financial investment objectives, 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.