Swissquote
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74-89% of retail CFD accounts lose money.

Vs.

Tickmill
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71% of retail CFD accounts lose money.

Swissquote Vs. Tickmill - Compare and Choose the Right One

Updated Jul 12 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

71% of retail CFD accounts lose money.

Overview

Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.

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

Best For
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
  • 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

4

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
  • FCA (UK)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MFSA (Malta)
  • HKMA (Hong Kong)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
The Good
  • Outstanding asset offering with more than 60 exchanges across the world
  • Amazing research and analysis tools for all trader levels
  • Thematic investments with preconfigured product baskets
  • Offers banking services along with debit card
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
The Bad
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
  • 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
    1996 2014
    💳 Minimum Deposit

    Varies per account type and selected trading platform. From $0 up to $5,000.

    $, €, £ - 100
    💰 Payment Methods
    • Visa
    • Mastercard
    • Bank Transfer
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    💵 Account Base Currencies
    21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR 4 - USD, EUR, GBP, PLN
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, JP, SY, IR. US, CA, SY, IR.
    📊 STP Account
    Yes No
    📊 DMA Account
    Yes No
    📊 ECN Account
    Yes No
    Assets
    📚 Available Assets
    • Real stocks, ETFs and options
    • CFDs on currencies, commodities, stocks, indices, ETFs, cryptocurrencies and bonds

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks
    60 Stock Exchanges N/A
    📘 Currency Pairs
    80+ 62
    📗 Commodities
    12 CFDs 4
    📕 Indices
    26 CFDs 14
    📔 ETFs
    1400 + N/A
    💸 Cryptocurrencies
    12 CFDs 3
    📒 Bonds
    54,000 + / 3 CFDs 4
    📓 Options
    6 Exchanges N/A
    📗 Futures
    6 Exchanges N/A
    📝 Notes:
    N/A

    Tickmill’s asset offering is exclusively made of CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    From $50 N/A
    📉 Minimum ETFs Trade Size
    From $50 N/A
    📈 Minimum Crypto Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 Lots)
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 Lots)
    📈 Minimum Commodities Trade Size
    From $50 $1,000 (0.01 Lots)
    📉 Minimum Bonds Trade Size
    From $50 $1,000 (0.01 Lots)
    📈 Minimum Futures Trade Size
    From $50 N/A
    📉 Minimum Options Trade Size
    From $50 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
    No No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    $10 per withdrawal No
    💰 Commissions

    For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.

    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
    From 0 Pips to 1.3 Pips

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

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