Tickmill
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61% of retail CFD accounts lose money.

Vs.

FBS
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76.5% of retail CFD accounts lose money.

Tickmill Vs. FBS - Compare and Choose the Right One

Updated May 13 2022

Visit

61% of retail CFD accounts lose money.

Visit

76.5% 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.

FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.

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
  • New traders looking to trade via MT4 with really low starting amounts using their Cent or Micro accounts
  • Experienced high volume traders looking for a fixed zero spread account
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

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
  • IFSC (Belize)
  • CySec (Cyprus)
  • ASIC (Australia)
  • FSCA (South Africa)
The Good
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
  • Clear account offering that covers all levels of traders according to their net worth
  • Proprietary copy trading service
  • Access to high leverage (Up to 1:3000)
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)
  • Asset offering is extremely limited with over 100+ instruments
  • Minimum deposit for ECN account is high $1,000
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 2009
    💳 Minimum Deposit
    $, €, £ - 100 From $1 to $1,000
    💰 Payment Methods
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    • Visa
    • Mastercard
    • Maestro
    • Neteller
    • Sticpay
    • Skrill
    • Perfect Money
    • Bank Transfer (depending on location and entity)
    • Bitcoin
    • Ethereum
    • USDT (Tether)
    💵 Account Base Currencies
    4 - USD, EUR, GBP, PLN 3 - EUR, USD, AUD.
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, SY, IR. JP, US, CA, MY, IL, IR.
    📊 STP Account
    No Yes
    📊 DMA Account
    No No
    📊 ECN Account
    No Yes
    Assets
    📚 Available Assets

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

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

    📙 Stocks
    N/A 104
    📘 Currency Pairs
    62 102
    📗 Commodities
    4 8
    📕 Indices
    14 12
    📔 ETFs
    N/A N/A
    💸 Cryptocurrencies
    3 28
    📒 Bonds
    4 N/A
    📓 Options
    N/A N/A
    📗 Futures
    N/A N/A
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    All of FBS assets are CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    N/A $1,000 - 0.01 Lots
    📉 Minimum ETFs Trade Size
    N/A 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
    $1,000 (0.01 Lots) $1,000 - 0.01 Lots
    📉 Minimum Bonds Trade Size
    $1,000 (0.01 Lots) N/A
    📈 Minimum Futures Trade Size
    N/A N/A
    📉 Minimum Options Trade Size
    N/A N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:3000
    💪 Professional Leverage
    Up to 1:500 N/A
    ✍ Customisable Leverage
    Yes, for the whole account. Yes
    🎲 Deleveraged Trading
    Yes No
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes (only for account management) Yes
    📱 Android App
    Yes (only for account management) Yes
    📺 MetaTrader 4
    Yes Yes
    📺 MetaTrader 5
    Yes Yes
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    No Yes
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes Yes
    👫 Social Trading
    No Yes
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    No Yes
    Fees
    💰 Inactivity Fee
    No No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    No No
    💰 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 

    FBS commissions vary per account type as follows:

    • Cent account: none
    • Micro account: none
    • Standard account: none
    • Zero spread account: From $20 per lot
    • ECN account: From $6 per lot
    • Crypto account: 0.05% for opening or closing positions
    Spreads
    📈 EUR/USD

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

    From 0 to 3 Pips based on account type
    📉 SP500
    From 39 Pips Dynamic - From $1.7
    📈 GOLD
    From 24 Pips Dynamic - From 32 Pips
    📉 TSLA (Stock CFD)
    N/A Dynamic - From $0.08
    📈 XLK (ETF - CFD)
    N/A N/A
    📉 BTC
    Dynamic - From $128.2 Dynamic - From $104
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No

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