Tickmill
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61% of retail CFD accounts lose money.

Vs.

HF Markets (HFM)
Visit

71.24% of retail CFD accounts lose money.

Tickmill Vs. HF Markets (HFM) - Compare and Choose the Right One

Updated May 13 2022

Visit

61% of retail CFD accounts lose money.

Visit

71.24% 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.

HF Markets (HFM) is a global broker founded in 2010 under the brand name HotForex that specialises in CFDs trading on currencies, commodities, indices, stocks, ETFs, bonds and futures. Recently they added to their portfolio commission-free real stocks and ETFs.

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
  • Low volume traders looking for a low minimum deposit, low trade size and competitive spreads
  • High volume traders looking for a competitive commission-driven environment through their zero spread account
  • Traders looking to copy or provide knowledge via their HFCopy 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

2

Other Licenses

5

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FCA (UK)
  • DFSA (United Arab Emirates)
  • FSCA (South Africa)
  • FSA (Seychelles)
  • FSA (St. Vincent and the Grenadines)
  • CMA (Kenya)
The Good
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
  • Well-structured account offering with options for all types of traders
  • Competitive commissions on their Zero Spread and PAMM accounts
  • Copy trading via MT4 / 5 offered through their HF Copy account
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)
  • Platform offering is limited to MetaTrader 4 and 5
  • Asset offering in CFDs is below industry standards with 1,200 CFDs
  • Their proprietary mobile app does not offer trading capabilities
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 2010
    💳 Minimum Deposit
    $, €, £ - 100 From $5 to $250 (depending on location or account)
    💰 Payment Methods
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    • Visa
    • Mastercard
    • Neteller
    • Skrill
    • Sofort
    • FasaPay
    • WebMoney
    • BitPay
    • PayRetailers
    • PayRedeem
    • Bank Transfer
    💵 Account Base Currencies
    4 - USD, EUR, GBP, PLN 6 - USD, EUR, NGN, JPY, ZAR, THB.
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, SY, IR. US, CA, SY, IR.
    📊 STP Account
    No No
    📊 DMA Account
    No No
    📊 ECN Account
    No No
    Assets
    📚 Available Assets

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    • CFDs on currencies, commodities, indices, ETFs, stocks and bonds.
    • Real stocks and ETFs.
    📙 Stocks
    N/A 2,113 Real Stocks / 54 CFDs
    📘 Currency Pairs
    62 53
    📗 Commodities
    4 13
    📕 Indices
    14 11
    📔 ETFs
    N/A 34
    💸 Cryptocurrencies
    3 N/A
    📒 Bonds
    4 3
    📓 Options
    N/A N/A
    📗 Futures
    N/A 14
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    HF Markets provides both CFDs and real equities.

    Trading Experience
    📈 Minimum Stock Trade Size
    N/A $5 (Fractional Share Trading
    📉 Minimum ETFs Trade Size
    N/A $5 (Fractional ETF Trading)
    📈 Minimum Crypto Trade Size
    $1,000 (0.01 Lots) N/A
    📉 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) $1,000 (0.01 Lots)
    📈 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 1:1000 (Non EU)
    💪 Professional Leverage
    Up to 1:500 Up to 1:500 (EU Only)
    ✍ 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 Yes
    📺 MetaTrader 5
    Yes Yes
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    No No
    📊 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 Yes, $5 monthly after 6 months of inactivity.
    💰 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 

    Yes depending on account type:

    • Micro accounts have no commissions.
    • Premium accounts have no commissions
    • Zero Spread accounts have a minimum commission that varies between $3 to $4 per lot traded
    • PAMM (Premium) accounts have no commission
    • PAMM (Premium Plus) accounts have a commission of $8 per lot round turn
    • HFCopy accounts have no commissions
    Spreads
    📈 EUR/USD

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

    Dynamic - From 0 Pips to 1.3 Pips
    📉 SP500
    From 39 Pips Dynamic - From 41 Pips
    📈 GOLD
    From 24 Pips Dynamic - From 25 Pips
    📉 TSLA (Stock CFD)
    N/A Dynamic - From $0.33
    📈 XLK (ETF - CFD)
    N/A N/A
    📉 BTC
    Dynamic - From $128.2 N/A
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    No Yes
    📡 Reuters Feed
    No No

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