Tickmill
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71% of retail CFD accounts lose money.

Vs.

Plus500
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77% of retail CFD accounts lose money.

Tickmill Vs. Plus500 - Compare and Choose the Right One

Updated Jul 12 2022

Visit

71% of retail CFD accounts lose money.

Visit

77% 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.

Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options

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
  • Intermediate traders looking to trade short term
  • Experienced traders looking to speculate using CFDs based on options
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

3

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • MAS (Singapore)
The Good
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
  • CFDs on american options offered
  • Low minimum trade sizes
  • Propietary platform with multi-charting tools
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)
  • No ability to remove leverage
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

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 $, €, £ - 100
    💰 Payment Methods
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    • Visa
    • Mastercard
    • Bank Transfer
    • Paypal
    • Skrill
    💵 Account Base Currencies
    4 - USD, EUR, GBP, PLN 16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, SY, IR. US, CA, CU, SY, IR.
    📊 STP Account
    No Yes
    📊 DMA Account
    No No
    📊 ECN Account
    No No
    Assets
    📚 Available Assets

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

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

    📙 Stocks
    N/A 2,000+
    📘 Currency Pairs
    62 70
    📗 Commodities
    4 25
    📕 Indices
    14 26
    📔 ETFs
    N/A 95
    💸 Cryptocurrencies
    3 14
    📒 Bonds
    4 N/A
    📓 Options
    N/A

    Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, Deutsche Bank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD.

    📗 Futures
    N/A N/A
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    All of Plus500's assets are CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    N/A Varies by Stock (Eg: 0.05 units of Tesla)
    📉 Minimum ETFs Trade Size
    N/A Varies by ETF (Eg: 0.5 units of XLK)
    📈 Minimum Crypto Trade Size
    $1,000 (0.01 Lots) Varies by Crypto (Eg: 0.001 BTC)
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000
    📈 Minimum Commodities Trade Size
    $1,000 (0.01 Lots) Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)
    📉 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 Varies by Option (Eg: 5 contracts of Tesla Calls)
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:500 Up to 1:300
    ✍ Customisable Leverage
    Yes, for the whole account. No
    🎲 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 No
    📺 MetaTrader 5
    Yes No
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    No Yes
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes No
    👫 Social Trading
    No No
    🔑 Guaranteed Stop-loss
    No Yes
    🔨 Trailing Stop-loss
    No Yes
    Fees
    💰 Inactivity Fee
    No Yes, $10 every 3 months
    💰 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 
    No
    Spreads
    📈 EUR/USD

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

    Dynamic - From 0.8 Pips
    📉 SP500
    From 39 Pips Dynamic - From 70 Pips
    📈 GOLD
    From 24 Pips Dynamic - From 30 Pips
    📉 TSLA (Stock CFD)
    N/A Dynamic - From $5.2
    📈 XLK (ETF - CFD)
    N/A Dynamic - From 7 Pips
    📉 BTC
    Dynamic - From $128.2 Dynamic - From $136
    Research and Analysis
    ⭐ Watchlists
    Yes No, only allows setting an individual favourites list
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No

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