Tickmill vs FxPro 2021, tickmill pro.

Tickmill pro


How many forex pairs and cfds are available to trade?
Fxpro provides traders 69 currency pairs (e.G., EUR/USD) compared to tickmill's 62 available pairs.

My list of forex bonuses


Tickmill vs FxPro 2021, tickmill pro.


Tickmill vs FxPro 2021, tickmill pro.


Tickmill vs FxPro 2021, tickmill pro.

Forex pairs aside, fxpro offers traders access to 187 cfds while tickmill has 13 available cfds, a difference of 174. What about metatrader and copy trading?
For forex and cfds traders, copy trading and metatrader are both popular platform options. Fxpro and tickmill both offer copy trading. Both fxpro and tickmill offer metatrader 4 (MT4).


Tickmill vs fxpro 2021


Is fxpro better than tickmill? After testing 27 of the best forex brokers over five months, tickmill is better than fxpro. Tickmill is a plain vanilla MT4 broker offering a minimal selection of tradeable securities. That said, tickmill offers very competitive commission-based pricing for professionals through its VIP and PRO accounts


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Overall rating


feature tickmill fxpro
overall 4 4
commissions & fees 5 3.5
offering of investments 3 3.5
platforms & tools 3 4
mobile trading 3 4
research 4 3.5
education 4 4
trust score 81 89
tickmill review fxpro review
winner check_circle
76% of retail CFD accounts lose money 80.59% of retail CFD accounts lose money

Regulation


Tier-1 licenses (high trust)


Investments


Funding


Trading platforms


Trading tools


Mobile trading


Research


Education


Major forex pairs


Overall


feature tickmill fxpro
overall 4 4
commissions & fees 5 3.5
offering of investments 3 3.5
platforms & tools 3 4
mobile trading 3 4
research 4 3.5
education 4 4
trust score 81 89
tickmill review fxpro review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare fxpro vs tickmill.


Does fxpro or tickmill offer lower pricing?
Comparing the trading costs of forex and cfds is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, tickmill offers better pricing overall for traders.


Is fxpro or tickmill safer for forex and cfds trading?
At forexbrokers.Com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Both fxpro and tickmill hold 1 global tier-1 licenses. Both fxpro and tickmill hold 2 global tier-2 licenses. All regulators considered, fxpro has a trust score of 89.00, while tickmill's trust score is 81.00.


Which trading platform is better: fxpro or tickmill?
To compare the trading platforms of both fxpro and tickmill, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, fxpro offers a better experience. With research, tickmill offers superior market research. Finally, we found fxpro to provide better mobile trading apps.


What about metatrader and copy trading?
For forex and cfds traders, copy trading and metatrader are both popular platform options. Fxpro and tickmill both offer copy trading. Both fxpro and tickmill offer metatrader 4 (MT4).


How many forex pairs and cfds are available to trade?
Fxpro provides traders 69 currency pairs (e.G., EUR/USD) compared to tickmill's 62 available pairs. Forex pairs aside, fxpro offers traders access to 187 cfds while tickmill has 13 available cfds, a difference of 174.


Overall winner: tickmill



Trading cfds, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading cfds with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how cfds, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The forexbrokers.Com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.


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Advertiser disclosure: forexbrokers.Com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. How do we make money? Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, e.G. Exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Here is a list of our partners.


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All rights reserved.



CLASSIC ACCOUNT


Enter the world of trading in the easiest and simplest way possible.


Why choose our classic account?


CLASSIC ACCOUNT


Get access to global markets and trade commission-free.


Minimum deposit 100
available base currencies USD, EUR, GBP
spreads from 1.6 pips
max leverage 1:500
min lots 0.01
commissions zero commissions
all strategies allowed
swap-free islamic account option

Trade cfds on 62 currency pairs, major stock indices, oil, precious metals and bonds on your classic account, with variable spreads starting from 1.6 pips and no commissions.


The classic account is suitable for both novice and experienced traders and offers optimal trading conditions, ultra-fast order execution while enabling you to use virtually any trading strategy.


This account type is a great gateway to the world of trading and comes with several perks that add value to your trading experience.


Please note that classic account charts show market and spreads without the mark up.


Benefit from EXCEPTIONAL trading conditions



    available base currencies: USD, EUR, GBP execution model: NDD execution type: market execution average execution speed: 0.20 seconds margin call / stop-out: 100% / 30%

Benefit From Exceptional Trading Conditions


Access some of the most
POPULAR INSTRUMENTS
of the market


FOREX


STOCK INDICES & OIL


METALS


BONDS


START TRADING with tickmill


It's simple and fast to join!


REGISTER


Complete registration, log in to your client area and upload the required documents.


CREATE AN ACCOUNT


Once your documents are approved, create a live trading account.


MAKE A DEPOSIT


Select a payment method, fund your trading account and start trading.


TRADING INSTRUMENTS

TRADING CONDITIONS

Forex & cfds

TRADING ACCOUNTS

PLATFORMS

EDUCATION

TOOLS

PARTNERSHIPS

PROMOTIONS

ABOUT US

SUPPORT

Tickmill is the trading name of tickmill group of companies.


Tickmill.Com is owned and operated within the tickmill group of companies. Tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus), tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA) (registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town), tickmill ltd, address: 3, F28-F29 eden plaza, eden island, mahe, seychelles regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927 (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill asia ltd - regulated by the financial services authority of labuan malaysia (license number: MB/18/0028 and registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia).


Clients must be at least 18 years old to use the services of tickmill.


High risk warning: trading contracts for difference (cfds) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade contracts for difference (cfds), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.


The site contains links to websites controlled or offered by third parties. Tickmill has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, tickmill does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately.


You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of tickmill or any of its affiliates, directors, officers or employees.


The services of tickmill and the information on this site are not directed at citizens/residents of the united states, and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.



Spreads & swaps


Knowing the transaction costs associated with your trading


Trading costs
with ultimate transparency


Check out our typical spreads and swaps below.


What Are Forex Spreads?


What are forex spreads?


When you begin trading, you’ll notice that you’re given a ‘bid’ (or ‘sell’) price and an ‘ask’ (or ‘buy’) price. The ‘bid’ is the price at which you sell the base currency, and the ‘ask’ is the price at which you buy the base currency. The difference between these two prices is what we call the spread.


When a trade is opened, there are always third parties who facilitate the opening and closing of that trade, like a bank or a liquidity provider. These third parties must make sure that there is an orderly flow of buy and sell orders, which means that they have to find a buyer for every seller and vice versa.


The third party is accepting the risk of a loss while facilitating the trade, thus the reason the third party will retain a part of each trade – that retained part is called the spread!


How do you
calculate the spread?


How do you calculate your transaction cost?


To work out the cost of a trade itself (not including swaps, commissions etc.), you take the spread and pip value and multiply it by the number of lots that you’re trading:
trade cost = spread X trade size X pip value


For example:
A trade you have opened has 1.2 pips spread. In this example, you’re trading with mini lots which are 10,000 base units.
The pip value is at $1, so the transaction cost is $1.20


As you’ve probably gathered, the bigger the trade, the larger your transaction costs will be!


What are swaps?


Important swap/rollover rate facts



    swap rates are applied at 00:00 platform time. Each currency pair has its own swap charge and is measured on a standard size of 1 lot (100,000 base units). Swaps are applied each night onto your open positions and when the position is left open it is given a new ‘value date’. On wednesday night however, the new value date for a trade held open is changed to monday. Due to this, swaps are charged at triple the rate. Check your swaps on your MT4 market watch panel. You simply right click, select ‘symbols’, select the instrument and then select ‘properties’.

START TRADING with tickmill


It's simple and fast to join!


REGISTER


Complete registration, log in to your client area and upload the required documents.


CREATE AN ACCOUNT


Once your documents are approved, create a live trading account.


MAKE A DEPOSIT


Select a payment method, fund your trading account and start trading.


TRADING INSTRUMENTS

TRADING CONDITIONS

Forex & cfds

TRADING ACCOUNTS

PLATFORMS

EDUCATION

TOOLS

PARTNERSHIPS

PROMOTIONS

ABOUT US

SUPPORT

Tickmill is the trading name of tickmill group of companies.


Tickmill.Com is owned and operated within the tickmill group of companies. Tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus), tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA) (registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town), tickmill ltd, address: 3, F28-F29 eden plaza, eden island, mahe, seychelles regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927 (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill asia ltd - regulated by the financial services authority of labuan malaysia (license number: MB/18/0028 and registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia).


Clients must be at least 18 years old to use the services of tickmill.


High risk warning: trading contracts for difference (cfds) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade contracts for difference (cfds), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.


The site contains links to websites controlled or offered by third parties. Tickmill has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, tickmill does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately.


You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of tickmill or any of its affiliates, directors, officers or employees.


The services of tickmill and the information on this site are not directed at citizens/residents of the united states, and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.



Tickmill review


Steven Hatzakis


Tickmill is a plain vanilla MT4 broker offering a minimal selection of tradeable securities. That said, tickmill offers very competitive commission-based pricing for professionals through its VIP and PRO accounts.


Top takeaways for 2021


Here are our top findings on tickmill:



  • Founded in 2014, tickmill is regulated in one tier-1 jurisdiction and two tier-2 jurisdictions, making it a safe broker (average-risk) for trading forex and cfds.

  • With just the MT4 platform available, tickmill does not stand out compared to the best metatrader brokers.

  • Pricing at tickmill is highly competitive, helping the broker finish 1st overall for commissions and fees in 2021. Tickmill also competes well professional trading another category where tickmill finished best in class (top 7) in 2021.



Special offer:


Overall summary


featuretickmill
overall 4 stars
trust score81
offering of investments 3 stars
commissions & fees 5 stars
platforms & tools 3 stars
research 4 stars
mobile trading 3 stars
education 4 stars

Is tickmill safe?


Tickmill is considered average-risk, with an overall trust score of 81 out of 99. Tickmill is not publicly traded and does not operate a bank. Tickmill is authorised by one tier-1 regulator (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Tickmill is authorised by the following tier-1 regulator: financial conduct authority (FCA). Learn more about trust score.


Regulations comparison


featuretickmill
year founded2014
publicly traded (listed) no
bank no
tier-1 licenses1
tier-2 licenses2
tier-3 licenses0
trust score81

Offering of investments


Tickmill offers a total of 85 tradeable symbols encompassing mostly currency pairs, with barely a dozen cfds on indices, metals, and bonds. The following table summarizes the different investment products available to tickmill clients.


Featuretickmill
forex: spot trading yes
currency pairs (total forex pairs)62
cfds - total offered13
social trading / copy-trading yes
cryptocurrency traded as actual no
cryptocurrency traded as CFD no

Commissions and fees


Tickmill offers three accounts. Bottom line, tickmill is best for active and VIP traders, who have access to pricing that competes among the lowest brokers in the industry.


Classic accounts: the classic account is commission-free, where traders only pay the bid/ask spread. However, the average spreads are higher relative to the other two account types, making the classic account unattractive.


Spreads: using typical spread data listed by tickmill for its pro account offering of 0.13 pips for the EUR/USD, the all-in cost equates to 0.53 pips when factoring in the RT commission equivalent of 0.4 pips. It is worth noting that tickmill records typical spread data during normal market conditions (when spreads are narrower).


Pro account: pro and VIP accounts both have a per-trade commission added to lower prevailing spreads and standout as competitive. With a low commission rate, the pro account will be ideal for most traders compared to the classic account, as spreads are inherently less expensive, and 75 instruments, including 62 currency pairs, can be accessed.


VIP versus pro accounts: while the VIP account requires a minimum balance of $50,000 for traders to access low commissions of $1 per standard lot (100k units) or $2 per round-turn (RT), the pro account has similar pricing with an RT commission of just $4 per round-turn standard lot. The pro account is available with as little as a $100 deposit.


Active trader discounts: tickmill offers three tiers for active traders, with rebates starting at $0.25 per standard for up to 1000 standard lots per month, to as much as $0.75 at tier-3 for those who trade more than 3001 standard lots monthly.



Tickmill active trader rebate tiers
Tickmill spreads August 2020


Featuretickmill
minimum initial deposit$100.00
average spread EUR/USD - standard0.53 (august 2020)
all-in cost EUR/USD - active0.32 (august 2020)
active trader or VIP discounts yes

Platforms and tools


Tickmill is a metatrader-only broker offering the standard, out-of-the-box experience, for just MT4. Unfortunately, there are no notable add-ons, besides autochartist, to help tickmill stand out among the best metatrader brokers. Even metatrader 5 (MT5) is not offered. Finally, VPS hosting is available at tickmill and is useful for algorithmic traders using MT4.



Tickmill MetaTrader4 Desktop
Tickmill MetaTrader4 Desktop charts
Tickmill MetaTrader4 web
Tickmill MetaTrader4 Desktop platform trade ticket


Featuretickmill
virtual trading (demo) yes
proprietary platform no
desktop platform (windows) yes
web platform yes
social trading / copy-trading yes
metatrader 4 (MT4) yes
metatrader 5 (MT5) no
ctrader no
duplitrade no
zulutrade yes
charting - indicators / studies (total)51
charting - drawing tools (total)31
charting - trade from chart yes
watchlists - total fields7
order type - trailing stop yes

Research


Tickmill is competitive in its offering of market research and continues to improve its research year over year. That said, tickmill still lags industry leaders IG and saxo bank in depth, personalization, and overall quality.


Trading tools: tickmill provides autochartist for automated technical analysis, myfxbook powers the broker's economic calendar, and forex news headlines stream from investing.Com.


Copy trading: in addition to the native MQL5 signals market available in MT4, tickmill also offers the autotrade feature of myfxbook for social copy-trading (note: this service is not available from the firm's UK branch).


Market insights: tickmill has a team of analysts that produce daily technical and fundamental analysis on the company's blog. I found that the broker does a good job covering the markets with a wide variety of research content for traders. Tickmill also offers archived webinars, technical and fundamental analysis videos, and news updates on its youtube page.



Tickmill research videos YouTube channel
Tickmill webinars
Tickmill economic calendar


Featuretickmill
daily market commentary yes
forex news (top-tier sources) yes
weekly webinars yes
autochartist yes
trading central (recognia) no
delkos research no
social sentiment - currency pairs yes
economic calendar yes

Education


Tickmill's education offering is better than the industry average but not quite good enough to make the cut as best in class (top 7).


Good stuff: highlights include live educational courses, a handful of ebooks, weekly webinars hosted in various languages, and archived webinars through youtube. Tickmill offers variety in both topic and type.


Drawbacks: tickmill continues to expand its scope of education material across written and video formats; however, educational content is mixed with market research, which makes it difficult to navigate and filter through. A dedicated educational portal would be a notable boost to tickmill’s educational offering.



TTickmill educational videos
Tickmill research education


Featuretickmill
has education - forex yes
has education - cfds yes
client webinars yes
client webinars (archived) yes
videos - beginner trading videos yes
videos - advanced trading videos no
investor dictionary (glossary) yes
tutorials/guide (PDF or interactive) no

Mobile trading


Since tickmill is a metatrader-only broker, ios and android versions of the MT4 app come standard and are both available for download from the apple itunes store and android play store, respectively.



Metatrader4 mobile charts
Metatrader4 mobile watchlist
Metatrader4 mobile news headlines


Featuretickmill
android app yes
apple ios app yes
trading - forex yes
trading - cfds yes
alerts - basic fields yes
watch list yes
watch list syncing no
charting - indicators / studies30
charting - draw trendlines yes
charting - trendlines moveable no
charting - multiple time frames yes
charting - drawings autosave no
forex calendar no

Final thoughts


Tickmill caters best to high volume, high balance traders who trade only the most popular forex and CFD instruments. With a lack of platforms and a small range of markets, there is no question that there are better forex brokers for traders to consider in 2021 unless you can afford the VIP account at tickmill, which has highly-competitive pricing.


About tickmill


Tickmill was established in 2014 after armada markets moved its retail clients to tickmill's entity in seychelles, where it is regulated by the financial services authority (FSA). Today the tickmill brand holds regulatory status in UK, cyprus, and malaysia. According to its website, tickmill group has over 200 staff and more than 50,000 customers.


2021 review methodology


For our 2021 forex broker review we assessed, rated, and ranked 27 international forex brokers over a three month time period. Each broker was graded on 108 different variables and, in total, over 50,000 words of research were produced.


While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.


All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors quality data they can trust. Learn more about how we test.


Forex risk disclaimer


"there is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses." learn more.



Fxpro vs tickmill


If you're choosing between fxpro and tickmill, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. We've also displayed one of our most popular brokers, XTB, as another alternative to consider.


What would you like to compare?


The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


Fxpro is regulated by the financial conduct authority, cysec, FSB, DFSA and SCB. Fxpro have provided forex and spread betting services since 2006.


Tickmill is regulated by FSA SD008. Tickmill have provided forex trading services since 2014.


XTB is regulated by the financial conduct authority. XTB have provided forex, CFD, and social trading services since 2002.


TRADING SERVICES OFFERED


80.52% of retail investor accounts lose money when trading cfds with this provider


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


82% of retail investor accounts lose money when trading cfds with this provider.


PLATFORM & FEATURES


See the platforms and features offered by each broker


Arabic, chinese, english, french, german, hungarian, romanian, turkish, czech, slovak, indonesian, italian, japanese, korean, polish, portuguese, russian, spanish, and vietnamese


English, spanish, russian, chinese, indonesian, and vietnamese


English, spanish, czech, chinese, german, french, italian, polish, portuguese, romanian, slovenian, turkish, arabic, and russian.


80.52% of retail investor accounts lose money when trading cfds with this provider


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


82% of retail investor accounts lose money when trading cfds with this provider.


ACCOUNT INFORMATION


From micro accounts to ECN accounts, compare the accounts offered by fxpro and tickmill


80.52% of retail investor accounts lose money when trading cfds with this provider


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


82% of retail investor accounts lose money when trading cfds with this provider.


TRADING CONDITIONS


RISK MANAGEMENT


FUNDING METHODS


80.52% of retail investor accounts lose money when trading cfds with this provider


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


82% of retail investor accounts lose money when trading cfds with this provider.


DETAILED INFO


80.52% of retail investor accounts lose money when trading cfds with this provider


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


82% of retail investor accounts lose money when trading cfds with this provider.


80.52% of retail investor accounts lose money when trading cfds with this provider


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


82% of retail investor accounts lose money when trading cfds with this provider.


All information collected from http://www.Fxpro.Co.Uk/. Last updated on 01/01/2021.


All information collected from http://www.Tickmill.Com/. Last updated on 01/01/2021.


All information collected from www.Xtb.Com. Last updated on 01/01/2021.


Fxpro was founded in 2006 and offers cfds on currency pairs and five other asset classes. They serve customers in over 150 countries and offer a wide range of instruments and platforms including both MT4 and MT5.


For more information about trading with fxpro, we have put together an indepth fxpro review with some of the pros and cons about this broker.


Tickmill is an online forex trading service provider who are regulated by the financial services authority. To open an account with tickmill, minimum deposits start from $25 or equivalent.


With tickmill you can trade forex, stocks, indices, commodities, cfds and metals. If you like to trade on the go, tickmill have iphone, ipad and android apps so you can trade from anywhere on your phone.


Tickmill offer metatrader 4, metatrader 4 for PC & MAC, metatrader 4 for android & ios, virtual private server (VPS) platforms to make your trades and support 6 different languages.


The spreads offered by tickmill for the most popular instruments are:
1 EUR/USD, 3 FTSE 100, 13 GOLD,
1.5 GBP/USD, 4 DOW/JONES, 4 crude oil,
see all the spreads here.



For more information about trading with tickmill, we have put together an indepth tickmill review with all the pros and cons about this broker.


XTB provides hyper fast execution and facilitates seminars with external professional traders, providing personalised education depending on your individual circumstances.


XTB operates with two factors in mind; to provide traders with the fastest execution speeds and to be the most transparent broker on the market, which is reflected by the services and products they provide.


XTB also have a dedicated education area - the trading academy - which contains material to help you become a better trader, including video tutorials, trading courses, articles and much more to improve your skills at every step of your trading journey.


If you are looking for a broker that is regulated by the financial conduct authority and focuses on transparency, fast execution speeds and customer service, XTB is a great option.
For more information about trading with XTB, we have put together an in-depth XTB review covering the pros and cons of this broker.


Popular comparisons feat. Fxpro


Popular comparisons feat. Tickmill


Popular comparisons feat. XTB



Metatrader 4
(MT4) platform


Tickmill’s MT4 platform is fully customisable and designed to give you that trading edge.


Why trade with tickmill’s
metatrader 4?


Why Trade With Tickmill’s Metatrader 4?


Designed specifically for traders, our metatrader 4 platform provides a user-friendly and highly customisable interface, accompanied by sophisticated order management tools help you control your positions quickly and efficiently.


MT4 is widely recognised as the world’s favorite forex trading platform. It offers an easy-to-use user interface, enhanced charting functionality, indicators and supports MQL language. So, you can easily program indicators and expert advisors (eas) to trade the forex market 24/5 with no intervention needed from your side.


Combined with tickmill’s enhanced trading conditions, you’re able to use a globally recognised trading platform accompanied by spreads from 0 pips and 0.20s execution.


Key features of MT4



    cfds on forex, stock indices, commodities and bonds. Execute your order with no partial fills, as a result of our huge depth of liquidity. EA trading facilities by using our VPS services. Advanced technical analysis, 50+ indicators and customisable charting… in 39 languages. Trading signals with an advanced notification system.

Key Features of Mt4


User manuals


START TRADING with tickmill


It's simple and fast to join!


REGISTER


Complete registration, log in to your client area and upload the required documents.


CREATE AN ACCOUNT


Once your documents are approved, create a live trading account.


MAKE A DEPOSIT


Select a payment method, fund your trading account and start trading.


TRADE


Launch the platform, enter tickmill’s server name to log in and start trading!


TRADING INSTRUMENTS

TRADING CONDITIONS

Forex & cfds

TRADING ACCOUNTS

PLATFORMS

EDUCATION

TOOLS

PARTNERSHIPS

PROMOTIONS

ABOUT US

SUPPORT

Tickmill is the trading name of tickmill group of companies.


Tickmill.Com is owned and operated within the tickmill group of companies. Tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus), tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA) (registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town), tickmill ltd, address: 3, F28-F29 eden plaza, eden island, mahe, seychelles regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927 (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill asia ltd - regulated by the financial services authority of labuan malaysia (license number: MB/18/0028 and registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia).


Clients must be at least 18 years old to use the services of tickmill.


High risk warning: trading contracts for difference (cfds) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade contracts for difference (cfds), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.


The site contains links to websites controlled or offered by third parties. Tickmill has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, tickmill does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately.


You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of tickmill or any of its affiliates, directors, officers or employees.


The services of tickmill and the information on this site are not directed at citizens/residents of the united states, and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.



Roboforex vs tickmill


If you're choosing between roboforex and tickmill, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. We've also displayed one of our most popular brokers, avatrade, as another alternative to consider.


What would you like to compare?


The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


Roboforex is regulated by cysec. Roboforex have provided forex trading services since 2009.


Tickmill is regulated by FSA SD008. Tickmill have provided forex trading services since 2014.


Avatrade is regulated by the central bank of ireland, ASIC (australia), FSA (japan), FSB (south africa) and BVI. Avatrade have provided forex trading services since 2006.


TRADING SERVICES OFFERED


Losses can exceed deposits


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


79% of retail investor accounts lose money when trading cfds with this provider.


PLATFORM & FEATURES


See the platforms and features offered by each broker


English, chinese simplified, chinese traditional, indonesian, malaysian, portuguese, spanish, italian, polish, arabic, thai, russian, and ukrainian


English, spanish, russian, chinese, indonesian, and vietnamese


English, italian, german, french, greek, hebrew, spanish, arabic, malay, russian, chinese, portuguese and dutch


Losses can exceed deposits


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


79% of retail investor accounts lose money when trading cfds with this provider.


ACCOUNT INFORMATION


From micro accounts to ECN accounts, compare the accounts offered by roboforex and tickmill


Losses can exceed deposits


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


79% of retail investor accounts lose money when trading cfds with this provider.


TRADING CONDITIONS


RISK MANAGEMENT


FUNDING METHODS


Losses can exceed deposits


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


79% of retail investor accounts lose money when trading cfds with this provider.


DETAILED INFO


Losses can exceed deposits


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


79% of retail investor accounts lose money when trading cfds with this provider.


Losses can exceed deposits


81% of retail investor accounts lose money when trading cfds with tickmill UK ltd


79% of retail investor accounts lose money when trading cfds with this provider.


All information collected from http://www.Roboforex.Com/. Last updated on 01/01/2021.


All information collected from http://www.Tickmill.Com/. Last updated on 01/01/2021.


All information collected from http://www.Avatrade.Com/. Last updated on 01/01/2021.


Roboforex is an online forex and binary options trading service provider who are regulated by cysec, ICF. To open an account with roboforex, minimum deposits start from $1.


With roboforex you can trade forex, metals, and CFD. If you like to trade on the go, roboforex have iphone, ipad and android apps so you can trade from anywhere on your phone.


Roboforex offer metatrader4, metatrader5, ctrader, webtrader, iphonetrader, android trader, ctrader web, currenex viking trader platforms to make your trades and support 14 different languages.


The spreads offered by roboforex for the most popular instruments are:
2 EUR/USD, 30 FTSE 100, 100 GOLD,
3 GBP/USD, 40 DOW/JONES, 14 crude oil,
see all the spreads here.



For more information about trading with roboforex, we have put together an indepth roboforex review with all the pros and cons about this broker.


Tickmill is an online forex trading service provider who are regulated by the financial services authority. To open an account with tickmill, minimum deposits start from $25 or equivalent.


With tickmill you can trade forex, stocks, indices, commodities, cfds and metals. If you like to trade on the go, tickmill have iphone, ipad and android apps so you can trade from anywhere on your phone.


Tickmill offer metatrader 4, metatrader 4 for PC & MAC, metatrader 4 for android & ios, virtual private server (VPS) platforms to make your trades and support 6 different languages.


The spreads offered by tickmill for the most popular instruments are:
1 EUR/USD, 3 FTSE 100, 13 GOLD,
1.5 GBP/USD, 4 DOW/JONES, 4 crude oil,
see all the spreads here.



For more information about trading with tickmill, we have put together an indepth tickmill review with all the pros and cons about this broker.


Since 2006, avatrade have attracted over 20,000 traders to their platform. While their spreads are not the most competitive, they do offer traders a range of great features, such as guaranteed stop losses, the ability to hedge / scalp, and low margins.
For more information about trading with avatrade, we have put together an indepth avatrade review with the pros and cons about this broker.


Popular comparisons feat. Roboforex


Popular comparisons feat. Tickmill


Popular comparisons feat. Avatrade



Tickmill pro


Estimated time to complete your registration is 3 minutes
please complete the following form using latin letters only


Tickmill is a trading name of tickmill UK ltd (a company registered in england and wales under number 09592225). Principal and registered office: 3rd floor, 27-32 old jewry, london EC2R 8DQ. Authorised and regulated by the UK financial conduct authority. FCA register number: 717270.


High risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading cfds with tickmill UK ltd. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. You should be aware of all the risks associated with trading contracts for difference (cfds) and seek advice from an independent adviser if you have any doubts. Please refer to the summary risk disclosure.


The information on this site is not directed at residents of the united states and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Important notice


You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill UK ltd, a company registered in the UK and regulated by the financial conduct authority of the united kingdom.


You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill ltd, a company registered in the seychelles and regulated by the financial services authority of seychelles.



Tickmill review 2021


All reviews and top lists updated for 2021. Check out the annual brokerchooser awards.


🏆 top 5 stock brokers







🏆 top 5 forex brokers







Summary


Recommended for forex traders looking for low fees and prefer metatrader 4 platform


Tickmill is a global forex and CFD broker, established in 2014. The company is regulated by several financial authorities globally, including the top-tier financial conduct authority (FCA) in the united kingdom.


Tickmill is considered safe because it is regulated by the top-tier FCA.


Disclaimer: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.


Tickmill pros and cons


Tickmill has low forex and non-trading fees. The account opening is fast, easy, and fully digital. You can use a lot of options for deposit or withdrawal, and they're free of charge.


On the negative side, tickmill has a limited product portfolio as it offers only forex and cfds. Popular asset classes, such as stocks and etfs are missing. Trading platforms are provided by metatrader, and they have outdated designs. Finally, the news feed is basic and not structured.


Pros cons
• low forex fees • only forex and cfds
• fast and easy account opening • trading platforms with outdated design
• free deposit and withdrawal • basic news feeds

tickmill main features and highlights
��️ country of regulation UK, cyprus, seychelles, south africa, malaysia
�� trading fees class low
�� inactivity fee charged no
�� withdrawal fee amount $0
�� minimum deposit $100
�� time to open an account 1 day
�� deposit with bank card available
�� depositing with electronic wallet available
�� number of base currencies supported 4
�� demo account provided yes
��️ products offered forex, CFD

Author of this review


Ádám Nasli


Author of this review


Ádám nasli


Everything you find on brokerchooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology


Tickmill vs FxPro 2021, tickmill pro.


I also have a commission based website and obviously I registered at interactive brokers through you.


Especially the easy to understand fees table was great!


Tickmill review
fees


pros cons
• low forex fees • average CFD fees
• no withdrawal fee
• no inactivity fee
tickmill fees snapshot
assets fee level fee terms
EURUSD low pro account pricing: €2 commission per trade per lot plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD low pro account pricing: £2 commission per trade per lot plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD low the fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.
Inactivity fee low no inactivity fee

How we ranked fees


We ranked tickmill's fee levels as low, average or high based on how they compare to those of all reviewed brokers.


To get things rolling, let's go over some lingo related to broker fees. What you need to keep an eye on are trading fees, and non-trading fees.



  • Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.

  • Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.



Below you will find the most relevant fees of tickmill for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.


We also compared tickmill's fees with those of two similar brokers we selected, axitrader and FXCM. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of tickmill alternatives.


To have a clear overview of tickmill, let's start with the trading fees.


Tickmill trading fees


Tickmill's trading fees are low. There are different cost structures for different account types. We tested the pro account, which charges a commission but offers tight spreads.


We know it's hard to compare trading fees for forex brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.


We have chosen popular instruments in each asset class usually provided by the forex brokers:



  • Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP

  • Stock index cfds: SPX and EUSTX50



A typical trade means buying a leveraged product, holding it for one week and then selling. For the volume, we chose a $20,000 position for forex and a $2,000 position for stock index and stock CFD transactions. The leverage we used was:



  • 30:1 for forex

  • 20:1 for stock index cfds



These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let's see the verdict for tickmill fees.


Forex fees


Tickmill has low forex fees. The forex fees are one of the lowest among the brokers we have reviewed.


Tickmill forex benchmark fees of a $20,000 30:1 long position held for one week
tickmill axitrader FXCM
EURUSD benchmark fee $6.8 $5.1 $12.5
GBPUSD benchmark fee $5.0 $4.3 $5.6
AUDUSD benchmark fee $5.0 $3.4 $8.8
EURCHF benchmark fee $4.7 $2.9 $3.3
EURGBP benchmark fee $7.8 $5.2 $16.4


The low forex fees are mainly due to the low commission tickmill charges. The commission is 2 base currency units (first currency pair) per lot per trade. For example, it's €2 per lot per trade for EURUSD, while £2 per lot per trade for GBPUSD.


CFD fees


CFD fees are average.


Tickmill CFD fees for a $2,000 long position held for one week
tickmill axitrader FXCM
S&P 500 index CFD fee $1.5 $1.3 $1.5
europe 50 index CFD fee $1.2 $2.3 $1.6


Non-trading fees


Tickmill has low non-trading fees. There is no fee for deposit, withdrawal, or inactivity.


Tickmill non-trading fees
tickmill axitrader FXCM
account fee no no no
inactivity fee no no yes
deposit fee $0 $0 $0
withdrawal fee $0 $0 $0


Tickmill review
account opening


Can you open an account?


Open account
73% of retail CFD accounts lose money


Tickmill accepts clients from all over the world. There are only a few exceptions, e.G. Customers from the US or canada can't open an account.


What is the minimum deposit at tickmill?


The required minimum deposit at tickmill is $100 . For a VIP account, you need to maintain a minimum $50,000 balance.


Account types


Tickmill has several account types that differ in pricing, minimum deposit, and minimum account balance.


Tickmill account types
pro classic VIP
minimum deposit $100 $100 -
minimum account balance - - $50,000
pricing tight spread plus commission wide spread, but no commission tight spread plus commission
commission per $100,000 trade $2 no commission $1


Retail clients of tickmill ltd can use leverage up to 1:500 while retail clients of tickmill UK ltd and tickmill europe ltd can use maximum leverage of 1:30. If you qualify for a professional trader, you can trade with higher leverage, up to 1:500 (tickmill UK ltd) or up to 1:300 (tickmill europe ltd).


The criteria for professional clients:



  • An average frequency of 10 trades per quarter in the previous four quarters

  • Size of your financial instrument portfolio exceeds €500k

  • You have at least one year experience in a relevant financial position



You can also open corporate and swap-free islamic accounts. The main difference between islamic aand other accounts is that instead of daily swap rates, an administration fee is charged if you hold some exotic currencies for more than 3 nights.


How to open your account


Account opening is fully digital, fast and straightforward. You can fill out the online application form in a matter of minutes. Our account was verified within one day.


To open an account at tickmill, you have to go through these steps:



  1. 'choose your regulator' will determine whether you sign up for the tickmill site regulated by the UK, cyprus or the seychelles authority. We recommend going for the UK one or the EU one (cyprus) if available in your country

  2. Fill in your name, country of residence, email address and telephone number

  3. Add your personal information, such as your date of birth and address

  4. Select the base currency

  5. Provide your financial information and answer questions about your financial knowledge

  6. Select your account type: pro, classic or VIP

  7. Verify your identity and residency. You can upload a copy of your national ID, passport or driver's license to verify your identity, while utility bills and bank statements are accepted as proof of residency.






So, let's see, what we have: tickmill vs fxpro forex broker comparison including fees and 100+ features. Which broker is better for forex and cfds trading at tickmill pro

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