ThinkMarkets
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Tickmill
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61% of retail CFD accounts lose money.

ThinkMarkets Vs. Tickmill - Compare and Choose the Right One

Updated May 13 2022

Visit

Your Capital is at risk.

Visit

61% of retail CFD accounts lose money.

Overview

ThinkMarkets is a global broker headquartered in Australia that offers real stocks and ETFs along with CFDs on stocks, etfs, commodities, indices and cryptocurrencies accompanied by their proprietary platform: ThinkTrader.

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

Best For
  • Passive investors looking to buy, hold or transfer real shares or ETFs from ASX
  • Active traders looking to exploit their low spreads on CFDs
  • MetaTrader 4 & 5 traders looking for a convenient offering
  • 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

2

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
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
The Good
  • Possibility to invest in real stocks and ETFs or trade CFDs
  • Proprietary platform ThinkTrader is smooth and user friendly
  • Spreads are very competitive when compared to similar competitors
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
The Bad
  • Real stocks or ETFs are only from ASX (Australian Securities Exchange)
  • Expensive stock trading commissions ($8 flat fee for ASX shares or ETFs)
  • While their stock and ETFs offering is great, they lack variety in all other asset classes
  • 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.

    📍 Year Founded
    2010 2014
    💳 Minimum Deposit

    0 for Standard Account / $500 for Zero account

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

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks
    3,100+ real shares (ASX) / 1246 CFDs N/A
    📘 Currency Pairs
    47 62
    📗 Commodities
    11 4
    📕 Indices
    27 14
    📔 ETFs
    103 N/A
    💸 Cryptocurrencies
    21 3
    📒 Bonds
    N/A 4
    📓 Options
    N/A N/A
    📗 Futures
    N/A N/A
    📝 Notes:

    ThinkMarkets offers both real stocks & ETFs along with CFDs on several asset classes.

    Tickmill’s asset offering is exclusively made of CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    Fractional share trading - From 0.1 Shares N/A
    📉 Minimum ETFs Trade Size
    Fractional ETF trading - From 0.1 ETFs N/A
    📈 Minimum Crypto Trade Size
    Varies per cryptocurrency (eg: from 0.01 units of 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 ounce 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
    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
    Only for MT4 and MT5. Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    Yes (Only for Standard Account) No
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes Yes
    👫 Social Trading
    Yes No
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    No No
    Fees
    💰 Inactivity Fee
    No No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    No No
    💰 Commissions
    • For Standard account there are no commissions
    • For Zero account there is a commission of $3.5 per lot round turn

    For real stocks and ETFs investing, there is a flat fee of $8 per trade (in-and-out) or if the trade value is above $200,000 then a 0.05% fee per trade.

    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 0.4 Pips to 1 Pip

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

    📉 SP500
    From 40 Pips From 39 Pips
    📈 GOLD
    From 20 Pips From 24 Pips
    📉 TSLA (Stock CFD)
    From 20 Pips N/A
    📈 XLK (ETF - CFD)
    Dynamic - From $0.01 N/A
    📉 BTC
    Dynamic - From $30 Dynamic - From $128.2
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    Yes No
    📡 Reuters Feed
    No No

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