Plus500
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77% of retail CFD accounts lose money.

Vs.

Tickmill
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71% of retail CFD accounts lose money.

Plus500 Vs. Tickmill - Compare and Choose the Right One

Updated Jul 12 2022

Visit

77% of retail CFD accounts lose money.

Visit

71% of retail CFD accounts lose money.

Overview

Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options

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

Best For
  • Intermediate traders looking to trade short term
  • Experienced traders looking to speculate using CFDs based on 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

3

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
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • MAS (Singapore)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
The Good
  • CFDs on american options offered
  • Low minimum trade sizes
  • Propietary platform with multi-charting tools
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
The Bad
  • No ability to remove leverage
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • 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
    2008 2014
    💳 Minimum Deposit
    $, €, £ - 100 $, €, £ - 100
    💰 Payment Methods
    • Visa
    • Mastercard
    • Bank Transfer
    • Paypal
    • Skrill
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    💵 Account Base Currencies
    16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD. 4 - USD, EUR, GBP, PLN
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, CU, SY, IR. US, CA, SY, IR.
    📊 STP Account
    Yes No
    📊 DMA Account
    No No
    📊 ECN Account
    No No
    Assets
    📚 Available Assets

    CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and options.

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks
    2,000+ N/A
    📘 Currency Pairs
    70 62
    📗 Commodities
    25 4
    📕 Indices
    26 14
    📔 ETFs
    95 N/A
    💸 Cryptocurrencies
    14 3
    📒 Bonds
    N/A 4
    📓 Options

    Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, Deutsche Bank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD.

    N/A
    📗 Futures
    N/A N/A
    📝 Notes:

    All of Plus500's assets are CFDs.

    Tickmill’s asset offering is exclusively made of CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    Varies by Stock (Eg: 0.05 units of Tesla) N/A
    📉 Minimum ETFs Trade Size
    Varies by ETF (Eg: 0.5 units of XLK) N/A
    📈 Minimum Crypto Trade Size
    Varies by Crypto (Eg: 0.001 BTC) $1,000 (0.01 Lots)
    📉 Minimum FX Trade Size
    $1,000 $1,000 (0.01 Lots)
    📈 Minimum Commodities Trade Size
    Varies by Commoditty (Eg: 0.2 Troy ounces of Gold) $1,000 (0.01 Lots)
    📉 Minimum Bonds Trade Size
    N/A $1,000 (0.01 Lots)
    📈 Minimum Futures Trade Size
    N/A N/A
    📉 Minimum Options Trade Size
    Varies by Option (Eg: 5 contracts of Tesla Calls) N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:300 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
    No 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
    Yes, $10 every 3 months No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    No No
    💰 Commissions
    No

    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
    Dynamic - From 70 Pips From 39 Pips
    📈 GOLD
    Dynamic - From 30 Pips From 24 Pips
    📉 TSLA (Stock CFD)
    Dynamic - From $5.2 N/A
    📈 XLK (ETF - CFD)
    Dynamic - From 7 Pips N/A
    📉 BTC
    Dynamic - From $136 Dynamic - From $128.2
    Research and Analysis
    ⭐ Watchlists
    No, only allows setting an individual favourites list Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No

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