Tickmill Vs. IG - Compare and Choose the Right One

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

IG is a global broker established in 1974 that holds 10 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

• 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

• Professional traders looking to exploit their customisable platform and broad asset offering
• High volume traders that can offset their commission costs by trading in larger volumes

• Very low and competitive spreads depending on the account type
• Leverage can be either removed or customised for the whole account

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• Extremely low asset offering (over 80+ instruments in total)
• All of Tickmill’s assets are CFDs (users can’t purchase real stocks or ETFs)

• There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
• Their standard contracts can be too large some times for low volume traders

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.

0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards.

10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks

Several contracts in commodities and indices with various expiration dates.

Tickmill’s asset offering is exclusively made of CFDs.

IG provides both CFD trading and real equity. US traders cannot trade CFDs.

0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins)

1 Contract (IG Provides a standard contract containing a particular quantity of an asset, for example, 1 EUR / USD standard contract has 10,000 units)

After 24 months of inactivity, IG charges an $18 monthly fee.

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, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.

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