IG
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79% of retail CFD accounts lose money.

Vs.

Tickmill
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71% of retail CFD accounts lose money.

IG Vs. Tickmill - Compare and Choose the Right One

Updated Jul 12 2022

Visit

79% of retail CFD accounts lose money.

Visit

71% of retail CFD accounts lose money.

Overview

IG is a global broker established in 1974 that holds 10 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

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

Best For
  • Professional traders looking to exploit their customisable platform and broad asset offering
  • High volume traders that can offset their commission costs by trading in larger volumes
  • 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

7

Other Licenses

1

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)
  • FCA (UK)
  • NFA (United States)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
The Good
  • Broad platform offering with high customisability and integrated news feeds
  • Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
The Bad
  • There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
  • Their standard contracts can be too large some times for low volume traders
  • 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
    1974 2014
    💳 Minimum Deposit

    0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards.

    $, €, £ - 100
    💰 Payment Methods
    • Visa
    • Mastercard
    • Bank Transfer
    • Paypal
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    💵 Account Base Currencies
    6 - AUD, EUR, GBP, HKD, SGD, USD. 4 - USD, EUR, GBP, PLN
    🗽 Available to U.S Citizens
    Yes (excluding CFDs) No
    ❌ Restricted Countries
    SY, IR. US, CA, SY, IR.
    📊 STP Account
    No No
    📊 DMA Account
    Yes No
    📊 ECN Account
    Yes No
    Assets
    📚 Available Assets
    • Real stocks and ETFs
    • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies indices and bonds.

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks

    10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks

    N/A
    📘 Currency Pairs
    210 62
    📗 Commodities
    37 4
    📕 Indices
    76 14
    📔 ETFs
    2,000 + both CFDs and real ETFs N/A
    💸 Cryptocurrencies
    15 3
    📒 Bonds
    19 4
    📓 Options
    Availability only for select countries. N/A
    📗 Futures

    Several contracts in commodities and indices with various expiration dates.

    N/A
    📝 Notes:

    IG provides both CFD trading and real equity. US traders cannot trade CFDs.

    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

    0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins)

    $1,000 (0.01 Lots)
    📉 Minimum FX Trade Size

    1 Contract (IG Provides a standard contract containing a particular quantity of an asset, for example, 1 EUR / USD standard contract has 10,000 units)

    $1,000 (0.01 Lots)
    📈 Minimum Commodities Trade Size
    1 Contract $1,000 (0.01 Lots)
    📉 Minimum Bonds Trade Size
    1 Contract $1,000 (0.01 Lots)
    📈 Minimum Futures Trade Size
    1 Contract N/A
    📉 Minimum Options Trade Size
    Varies per option (usually 1 contract) 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
    No 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
    No 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
    Yes No
    🔨 Trailing Stop-loss
    Yes No
    Fees
    💰 Inactivity Fee

    After 24 months of inactivity, IG charges an $18 monthly fee.

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

    Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.

    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

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

    📉 SP500
    Dynamic - From 150 Pips From 39 Pips
    📈 GOLD
    Dynamic - From 50 Pips From 24 Pips
    📉 TSLA (Stock CFD)
    Dynamic - From $1.03 N/A
    📈 XLK (ETF - CFD)
    Dynamic - From 0 Pips N/A
    📉 BTC
    Dynamic - From $140 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