AAATrade
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83.72% of retail CFD accounts lose money

Vs.

Tickmill
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61% of retail CFD accounts lose money.

AAATrade Vs. Tickmill - Compare and Choose the Right One

Updated Dec 22 2021

Visit

83.72% of retail CFD accounts lose money

Visit

61% of retail CFD accounts lose money.

Overview

AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.

Tickmill is an international CFD broker headquartered in Cyprus that specialises in currency trading paired with MetaTrader 4 and 5 platforms.

Best For
  • Beginner traders looking for a simple web and mobile platform to get started
  • Passive investors looking for real equity
  • Professional currency traders looking to exploit their account offering with low spreads
  • Traders familiar with both MetaTrader 4 or 5 platforms with the intent to trade currencies
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The Good
  • Simple and friendly proprietary trading platform
  • Intuitive overview of account analytics
  • Wide variety of CFDs and real equities
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
The Bad
  • Above-average FX spreads
  • High fees (depending on the deposit / withdrawal methods)
  • High deposit requirements for advanced services ($25,000 , $100,000)
  • Extremely low asset offering (over 80+ instruments in total)
  • All of Tickmill’s assets are CFDs (users can’t purchase real stocks or ETFs)
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)
  • All documents must be under the account holder's name.

    🏛 Financial Regulators
    • CySec (Cyprus)
    • CySec (Cyprus)
    • FSA (Seychelles)
    • FCA (UK)
    • FSA (Labuan)
    • FSCA (South Africa)
    📍 Year Founded
    2013 2014
    💳 Minimum Deposit
    $500 $, €, £ - 100
    💰 Payment Methods
    • Credit Card
    • Debit Card
    • Wire Transfer
    • Skrill
    • Neteller
    • FasaPay
    • UnionPay
    • Giropay
    • QIWI
    • Cryptocurrencies
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    💵 Account Base Currencies
    3 - USD, EUR, GBP. 4 - USD, EUR, GBP, PLN
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN. US, CA, SY, IR.
    📊 STP Account
    Yes No
    📊 DMA Account
    Yes No
    📊 ECN Account
    No No
    Assets
    📚 Available Assets
    • Real stocks and ETFs
    • CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and futures.

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks
    1,000+ N/A
    📘 Currency Pairs
    80+ 62
    📗 Commodities
    4 4
    📕 Indices
    12 14
    📔 ETFs
    5 N/A
    💸 Cryptocurrencies
    50+ 3
    📒 Bonds
    4 4
    📓 Options
    N/A N/A
    📗 Futures
    7 N/A
    📝 Notes:

    Almost all assets are CFDs, except for 45 blue chip stocks

    Tickmill’s asset offering is exclusively made of CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    1 Share N/A
    📉 Minimum ETFs Trade Size
    1 ETF N/A
    📈 Minimum Crypto Trade Size
    Varies per Cryptocurrency (Eg: 0.01 BTC) $1,000 (0.01 Lots)
    📉 Minimum FX Trade Size
    $1,000 (0.01 lots) $1,000 (0.01 Lots)
    📈 Minimum Commodities Trade Size
    $1,000 (0.01 lots) $1,000 (0.01 Lots)
    📉 Minimum Bonds Trade Size
    !00 Units $1,000 (0.01 Lots)
    📈 Minimum Futures Trade Size
    $1,000 (0.01 lots) N/A
    📉 Minimum Options Trade Size
    N/A N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:200 Up to 1:500
    ✍ Customisable Leverage
    Yes Yes, for the whole account.
    🎲 Deleveraged Trading
    Yes Yes
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes Yes (only for account management)
    📱 Android App
    Yes Yes (only for account management)
    📺 MetaTrader 4
    No Yes
    📺 MetaTrader 5
    Yes Yes
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    Yes No
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    No Yes
    👫 Social Trading
    No No
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    Yes No
    Fees
    💰 Inactivity Fee

    Yes, €15 after 3 months of inactivity.

    No
    💰 Deposit Fees

    Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

    No
    💰 Withdrawal Fees

    No for debit/credit card and e-payment. Wire transfer has a €10 fee.

    No
    💰 Commissions
    • No commissions on novice accounts.
    • Commission free trading for stock ETFs on Experienced accounts
    • FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.

    Depending on account type:

    • Classic account has no commissions
    • Pro account has a commission of 2 units of your base currency round turn per lot
    • VIP account has a commission of 1 unit of your base currency round turn per lot 
    Spreads
    📈 EUR/USD
    Dynamic - From 2 Pips

    From 0 pips up to 1.6 Pips (Depending on account type)

    📉 SP500
    Dynamic - From 50 Pips From 39 Pips
    📈 GOLD
    Dynamic - From 95 Pips From 24 Pips
    📉 TSLA (Stock CFD)
    Dynamic - From $0.21 N/A
    📈 XLK (ETF - CFD)
    Dynamic - From $0.01 N/A
    📉 BTC
    Dynamic - From $511 Dynamic - From $128.2
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    Yes (Partial) No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    Yes No
    📡 Reuters Feed
    Yes No

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