Tickmill Vs. MultiBank - Compare and Choose the Right One


Visit 61% of retail CFD accounts lose money.	Visit 74-89% 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.	MultiBank (MultiBank FX, MultiBank Group) is a global broker founded in 2005 that specialises in CFDs trading via MetaTrader 4 and 5 platforms.
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	Traders looking for an off-shore broker connected to a well regulated parent group that provides high leverage Stock CFDs traders looking for wide share variety FX Traders that don’t scalp and are looking for competitive ECN accounts
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 4 Other Licenses 4 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSA (Seychelles) FCA (UK) FSA (Labuan) FSCA (South Africa)	ASIC (Australia) BaFin (Germany) CIMA (Cayman Islands) FSC (British Virgin Islands) FMA (Austria) MAS (Singapore) TFG (Tianjin) VFSC (Vanuatu)
The Good
Very low and competitive spreads depending on the account type Leverage can be either removed or customised for the whole account	Great asset variety (over 13,000+) Competitive commissions on Pro and ECN accounts ($3 per lot side) High leverage offering (Up to 1:500)
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)	Complicated legal regulatory framework due to being a group as it’s hard to understand which of their companies do what and on which entity does a customer trade or is being protected by regulation Scalping not allowed (120 seconds time limit for FX and commodities and 300 second limit for other CFDs) Expensive inactivity fee, $60 monthly after 90 days of inactivity.
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	2005
💳 Minimum Deposit
$, €, £ - 100	From $50 to $5,000
💰 Payment Methods
Bank Transfer Visa Mastercard Skrill Neteller DotPay Paypal	Visa Mastercard Bank Transfer PayTrust Praxis Pagsmile Skrill Neteller Plus Wallets Payment Asia GlobePay POLi Bitcoin
💵 Account Base Currencies
4 - USD, EUR, GBP, PLN	17 - USD, EUR, AUD, AED, GBP, CHF, CAD, MYR, THB,VND, IDR, BRL, MXN, CLP, PEN, GTQ, NIO.
🗽 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	Yes
Assets
📚 Available Assets
CFDs on currencies, indices, commodities, bonds and cryptocurrencies	CFDs on stocks, currencies, commodities, indices and cryptocurrencies.
📙 Stocks
N/A	12,825
📘 Currency Pairs
62	41
📗 Commodities
4	21
📕 Indices
14	27
📔 ETFs
N/A	1,000
💸 Cryptocurrencies
3	11
📒 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 MultiBank’s assets are 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)	$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 1:500
💪 Professional Leverage
Up to 1:500	N/A
✍ Customisable Leverage
Yes, for the whole account.	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes (only for account management)	No
📱 Android App
Yes (only for account management)	No
📺 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, after 90 days of inactivity, $60 every month.
💰 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	None on a Standard account. Yes in Pro and ECN accounts of $3 per lot side.
Spreads
📈 EUR/USD
From 0 pips up to 1.6 Pips (Depending on account type)	Dynamic - From 0.1 Pips to 1.2 Pips
📉 SP500
From 39 Pips	Dynamic - From 2 Pips to 50 Pips
📈 GOLD
From 24 Pips	Dynamic - From 2 Pips to 50 Pips
📉 TSLA (Stock CFD)
N/A	N/A
📈 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	No
📡 Reuters Feed
No	No