Tickmill
Visit

61% of retail CFD accounts lose money.

Vs.

Freedom Finance
Visit

Your capital is at risk.

Tickmill Vs. Freedom Finance - Compare and Choose the Right One

Updated May 13 2022

Visit

61% of retail CFD accounts lose money.

Visit

Your capital is at risk.

Overview

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

Freedom Finance is an equities broker founded in 2008 belonging to the parent group Freedom Holding Corp (a publicly traded company on NASDAQ exchange). Their specialty is providing access to more than 1 million stocks, ETFs, bonds, futures and options worldwide along with IPOs.

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
  • Real equities traders looking to day-trade stocks, options, futures and ETFs
  • Long term investors looking to build a stocks or ETFs portfolio
  • Experienced investors that know which assets they are looking for
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

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • BaFin (Germany)
  • SEC (United States)
The Good
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
  • Over 1,500,000+ assets from several exchanges worldwide
  • All assets are real equities (they do not provide CFDs)
  • InvestIdeas section with great analysis on several high potential stocks
  • 3% per year in their savings D-account (Daily interest accrual)
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)
  • The use of SMSs codes for authentication of basic operations can be an issue for frequent international travellers
  • Freedom Finance does not offers currencies, cryptocurrencies or spot commodities
  • No stock screener or tools to research and analyse stocks efficiently
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 2008
    💳 Minimum Deposit
    $, €, £ - 100 0
    💰 Payment Methods
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    • Visa
    • Mastercard
    • Bank Transfers
    💵 Account Base Currencies
    4 - USD, EUR, GBP, PLN 3 - EUR, USD, GBP.
    🗽 Available to U.S Citizens
    No Yes
    ❌ Restricted Countries
    US, CA, SY, IR. SY, IR.
    📊 STP Account
    No No
    📊 DMA Account
    No Yes
    📊 ECN Account
    No No
    Assets
    📚 Available Assets

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    Real stocks, ETFs, bonds, futures and options.

    📙 Stocks
    N/A 58,571
    📘 Currency Pairs
    62 N/A
    📗 Commodities
    4 N/A
    📕 Indices
    14 N/A
    📔 ETFs
    N/A 1,500
    💸 Cryptocurrencies
    3 N/A
    📒 Bonds
    4 191,959
    📓 Options
    N/A 1,153,234
    📗 Futures
    N/A 6,020
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    All of Freedom Finance’s assets are real equities, they do not provide CFDs.

    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) N/A
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) N/A
    📈 Minimum Commodities Trade Size
    $1,000 (0.01 Lots) N/A
    📉 Minimum Bonds Trade Size
    $1,000 (0.01 Lots) 1 Contract
    📈 Minimum Futures Trade Size
    N/A 1 Contract
    📉 Minimum Options Trade Size
    N/A 1 Contract
    💪 Retail Leverage
    Up to 1:30 Up to 1:3
    💪 Professional Leverage
    Up to 1:500 N/A
    ✍ Customisable Leverage
    Yes, for the whole account. No
    🎲 Deleveraged Trading
    Yes Yes
    🎓 Demo Account
    Yes No
    📱 IOS App
    Yes (only for account management) Yes
    📱 Android App
    Yes (only for account management) Yes
    📺 MetaTrader 4
    Yes No
    📺 MetaTrader 5
    Yes No
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    No Yes
    📊 Multi-chart Tools
    Yes No
    👬 Copy Trading
    Yes No
    👫 Social Trading
    No No
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    No No
    Fees
    💰 Inactivity Fee
    No No
    💰 Deposit Fees
    No

    Yes, up to 2.5% for credit / debit cards.

    💰 Withdrawal Fees
    No

    Yes, 7€ for bank transfers.

    💰 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 

    Yes and the vary per account:

    In their all inclusive USD account they charge,

    • 0.5% + $0.012 per share with a minimum  of $1.2 per trade
    • $0.65 per USA stock options contract
    • 12% for margin lending

    In their Smart in EUR account they charge,

    • 0.02€ per share with a minimum of 2€ per trade
    • $0.65 per USA stock options contract
    • 12% for margin lending
    • €0.05 for each SMS notification

    In their Fix in EUR account, they charge,

    • 10€ Monthly account fee
    • 0.012€ per share with a minimum of 1.2€ per trade
    • $0.65 per USA stock options contract
    • 12% for margin lending
    • €0.03 for each SMS notification
    Spreads
    📈 EUR/USD

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

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

    By using TheTradingBible.com's website you agree to the use of cookies.