Tickmill
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61% of retail CFD accounts lose money.

Vs.

AAATrade
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83.72% of retail CFD accounts lose money.

Tickmill Vs. AAATrade - Compare and Choose the Right One

Updated May 13 2022

Visit

61% of retail CFD accounts lose money.

Visit

83.72% of retail CFD accounts lose money.

Overview

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

AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.

Best For
  • 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
  • Beginner traders looking for a simple web and mobile platform to get started
  • Passive investors looking for real equity
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

4

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
  • Simple and friendly proprietary trading platform
  • Intuitive overview of account analytics
  • Wide variety of CFDs and real equities
The Bad
  • Extremely low asset offering (over 80+ instruments in total)
  • All of Tickmill’s assets are CFDs (users can’t purchase real stocks or ETFs)
  • Above-average FX spreads
  • High fees (depending on the deposit / withdrawal methods)
  • High deposit requirements for advanced services ($25,000 , $100,000)
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
    2014 2013
    💳 Minimum Deposit
    $, €, £ - 100 $500
    💰 Payment Methods
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    • Credit Card
    • Debit Card
    • Wire Transfer
    • Skrill
    • Neteller
    • FasaPay
    • UnionPay
    • Giropay
    • QIWI
    • Cryptocurrencies
    💵 Account Base Currencies
    4 - USD, EUR, GBP, PLN 3 - USD, EUR, GBP.
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, SY, IR. US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.
    📊 STP Account
    No Yes
    📊 DMA Account
    No Yes
    📊 ECN Account
    No No
    Assets
    📚 Available Assets

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    • Real stocks and ETFs
    • CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and futures.
    📙 Stocks
    N/A 1,000+
    📘 Currency Pairs
    62 80+
    📗 Commodities
    4 4
    📕 Indices
    14 12
    📔 ETFs
    N/A 5
    💸 Cryptocurrencies
    3 50+
    📒 Bonds
    4 4
    📓 Options
    N/A N/A
    📗 Futures
    N/A 7
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    Almost all assets are CFDs, except for 45 blue chip stocks

    Trading Experience
    📈 Minimum Stock Trade Size
    N/A 1 Share
    📉 Minimum ETFs Trade Size
    N/A 1 ETF
    📈 Minimum Crypto Trade Size
    $1,000 (0.01 Lots) Varies per Cryptocurrency (Eg: 0.01 BTC)
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 lots)
    📈 Minimum Commodities Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 lots)
    📉 Minimum Bonds Trade Size
    $1,000 (0.01 Lots) !00 Units
    📈 Minimum Futures Trade Size
    N/A $1,000 (0.01 lots)
    📉 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 1:200
    ✍ Customisable Leverage
    Yes, for the whole account. Yes
    🎲 Deleveraged Trading
    Yes Yes
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes (only for account management) Yes
    📱 Android App
    Yes (only for account management) Yes
    📺 MetaTrader 4
    Yes No
    📺 MetaTrader 5
    Yes Yes
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    No Yes
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes No
    👫 Social Trading
    No No
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    No Yes
    Fees
    💰 Inactivity Fee
    No

    Yes, €15 after 3 months of inactivity.

    💰 Deposit Fees
    No

    Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

    💰 Withdrawal Fees
    No

    No for debit/credit card and e-payment. Wire transfer has a €10 fee.

    💰 Commissions

    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 
    • No commissions on novice accounts.
    • Commission free trading for stock ETFs on Experienced accounts
    • FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.
    Spreads
    📈 EUR/USD

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

    Dynamic - From 2 Pips
    📉 SP500
    From 39 Pips Dynamic - From 50 Pips
    📈 GOLD
    From 24 Pips Dynamic - From 95 Pips
    📉 TSLA (Stock CFD)
    N/A Dynamic - From $0.21
    📈 XLK (ETF - CFD)
    N/A Dynamic - From $0.01
    📉 BTC
    Dynamic - From $128.2 Dynamic - From $511
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No Yes (Partial)
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    No Yes
    📡 Reuters Feed
    No Yes

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