AvaTrade Vs. Tickmill - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 71% of retail CFD accounts lose money.	Visit 71% of retail CFD accounts lose money.
Overview
AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.	Tickmill is an international CFD broker headquartered in Cyprus that specialises in currency trading paired with MetaTrader 4 and 5 platforms.
Best For
New traders looking for a more advanced forex and options platform Experienced traders looking to take advantage of their fixed spreads Experienced traders looking to trade FX options	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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 6 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 4 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FFAJ (Japan) CBI (Ireland) IIROC (Canada) CySec (Cyprus) FSCA (South Africa) ADGM (United Arab Emirates) ISA (Israel)	CySec (Cyprus) FSA (Seychelles) FCA (UK) FSA (Labuan) FSCA (South Africa)
The Good
AvaProtect feature for negative trades payback Great variety of platforms (proprietary ones, MT4 & MT5) Smooth platform experiences and easy account management Custom Options trading platform	Very low and competitive spreads depending on the account type Leverage can be either removed or customised for the whole account
The Bad
Lack of variety in stocks, ETFs and bonds Expensive inactivity fees No multi-chart tools High trade minimums in all assets except forex	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
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
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.
📍 Year Founded
2006	2014
💳 Minimum Deposit Range
$100	$100
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Bank Transfer Visa Mastercard Skrill Neteller DotPay Paypal
💵 Account Base Currencies
4 - USD, GBP, EUR, CHF.	4 - USD, EUR, GBP, PLN
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BE, IR.	US, CA, SY, IR.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
863	87
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
626	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
55	62
📗 Commodities
0	0
📗 Commodities CFDs
27	4
📕 Indices
0	0
📕 Indices CFDs
33	14
📔 ETFs
0	0
📔 ETFs CFDs
59	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
17	3
📒 Bonds
0	0
📒 Bonds CFDs
2	4
📓 Options
0	0
📓 Options CFDs
44	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable - From 1 to 100 units	Unavailable
📉 Minimum ETFs Trade Size
Variable - From 1 to 100 units	Unavailable
📈 Minimum Crypto Trade Size
Variable (eg: BTC 0.01, ETH 0.1)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Variable (eg: 1 ounce of gold)	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
10 units	$1,000 (0.01 Lots)
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
10,000 FX Option contracts	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
$50 per quarter after 3 months of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	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 0.9 Pips	Dynamic- From 0 to 1.6 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic- From 39 Pips
📈 GOLD
Dynamic - From 34 Pips	Dynamic- From 24 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.92	Unavailable
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $137.31	Dynamic - From $128.2
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No