Forex.com
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Majority of retail CFD accounts lose money.

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Tickmill
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61% of retail CFD accounts lose money.

Forex.com Vs. Tickmill - Compare and Choose the Right One

Updated Dec 20 2021

Visit

Majority of retail CFD accounts lose money.

Visit

61% of retail CFD accounts lose money.

Overview

Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies.

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

Best For
  • Traders of all levels (beginner to advanced) looking for competitive pricing
  • Trades of all levels looking for a great platform variety
  • High volume traders looking for ECN or DMA accounts offering deep liquidity for large trades
  • 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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TTBTrust

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The Good
  • Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5)
  • Excellent asset offering (more than 5,000+ instruments)
  • Competitive spreads in some of their assets
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
The Bad
  • Despite presenting a great customisable platform, it still feels messy and not intuitive to use
  • Commissions are expensive when compared to similar competitors 
  • 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
    • FINRA (United States)
    • FCA (UK)
    • FFAJ (Japan)
    • IIROC (Canada)
    • CySec (Cyprus)
    • CIMA (Cayman Islands)
    • CySec (Cyprus)
    • FSA (Seychelles)
    • FCA (UK)
    • FSA (Labuan)
    • FSCA (South Africa)
    📍 Year Founded
    2001 2014
    💳 Minimum Deposit
    $100 $, €, £ - 100
    💰 Payment Methods
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • Bank Transfer
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    💵 Account Base Currencies
    6 - GBP, USD, EUR, AUD, JPY, CHF. 4 - USD, EUR, GBP, PLN
    🗽 Available to U.S Citizens
    Yes No
    ❌ Restricted Countries
    None US, CA, SY, IR.
    📊 STP Account
    Yes No
    📊 DMA Account
    Yes No
    📊 ECN Account
    Yes No
    Assets
    📚 Available Assets

    CFDs on currencies, commodities, indices, bonds, shares and cryptocurrencies.

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks
    4,500+ N/A
    📘 Currency Pairs
    93 62
    📗 Commodities
    35 4
    📕 Indices
    24 14
    📔 ETFs
    700+ N/A
    💸 Cryptocurrencies
    5 3
    📒 Bonds
    14 4
    📓 Options
    N/A N/A
    📗 Futures
    N/A N/A
    📝 Notes:

    All of Forex.com’s assets are CFDs.

    Tickmill’s asset offering is exclusively made of CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    Varies per share (eg: 0.3 AMZN shares) N/A
    📉 Minimum ETFs Trade Size
    Varies per ETF (eg: 5 contracts of XLK) 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
    Varies per commodity (eg: 1 contract of Gold) $1,000 (0.01 Lots)
    📉 Minimum Bonds Trade Size
    Varies per Bond (eg: 1 contract of Euro Bobl) $1,000 (0.01 Lots)
    📈 Minimum Futures Trade Size
    N/A N/A
    📉 Minimum Options Trade Size
    N/A N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:500 Up to 1:500
    ✍ Customisable Leverage
    No 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
    Yes Yes
    📺 MetaTrader 5
    Yes Yes
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    Yes 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 monthly after 1 year of inactivity.

    No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    No No
    💰 Commissions

    Yes depending on account type.

    • Standard account has no commissions
    • “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn

    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 0.8 Pips

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

    📉 SP500
    From 60 Pips From 39 Pips
    📈 GOLD
    From 50 Pips From 24 Pips
    📉 TSLA (Stock CFD)
    Dynamic - Market Spread N/A
    📈 XLK (ETF - CFD)
    Dynamic - Market Spread N/A
    📉 BTC
    From $120 Dynamic - From $128.2
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    Yes No
    📡 Reuters Feed
    Yes No

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