Tickmill
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61% of retail CFD accounts lose money.

Vs.

RoboMarkets
Visit

64.77% of retail CFD accounts lose money.

Tickmill Vs. RoboMarkets - Compare and Choose the Right One

Updated May 13 2022

Visit

61% of retail CFD accounts lose money.

Visit

64.77% 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.

Founded in 2012, RoboMarkets offers five different types of accounts, including its proprietary R Stock Trader and ProCents accounts, with access to 12,000 instruments. The different accounts offer different spreads and investment instruments.

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 interested in trading U.S. equities, ETFS with access to 3,000 stocks
  • Traders looking for a mix of CFDs and stocks through R Stock Trader
  • Traders seeking small investments through its ProCents account
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

4

Provided by
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Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
  • Five different types of accounts for different types of investors, offers copy trading
  • Access to 12,000+ investment instruments, including 3,000 U.S. stocks
  • No inactivity or deposit fee
  • Offers five base currencies, including GOLD, and remote VPS Server
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)
  • Withdrawals fees (EG: 2.4% on Visa and Mastercard, 2% for PayPal)
  • No integrated news feed on trading platforms
  • Serves only European Union Markets
  • Limited commodities to trade
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 documents (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 2012
    💳 Minimum Deposit
    $, €, £ - 100 $, €, £ - 100
    💰 Payment Methods
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    • Visa
    • Mastercard
    • Skrill
    • Neteller e-wallets
    • PayPal
    • Webmoney
    • Fasapay
    • Wire transfers
    💵 Account Base Currencies
    4 - USD, EUR, GBP, PLN 5 - EUR, USD, GBP, CHF, GOLD
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, SY, IR. US, CA, SY (Available only for EU Citizens).
    📊 STP Account
    No Yes
    📊 DMA Account
    No No
    📊 ECN Account
    No Yes
    Assets
    📚 Available Assets

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    • Real stocks and ETFs
    • CFDs on commodities, stocks, etfs, currencies, indices and cryptocurrencies.
    📙 Stocks
    N/A 12,000+
    📘 Currency Pairs
    62 35+
    📗 Commodities
    4 3
    📕 Indices
    14 9
    📔 ETFs
    N/A 1,000+
    💸 Cryptocurrencies
    3 14
    📒 Bonds
    4 N/A
    📓 Options
    N/A N/A
    📗 Futures
    N/A N/A
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    RoboMarkets offers a combination of real equities and CFDs depending on the account. Stock trading is offered on its R Stock Trader account.

    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) Varies per cryptocurrency (Eg: 0.01 BTC)
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 Lots)
    📈 Minimum Commodities Trade Size
    $1,000 (0.01 Lots) 0.01 Units
    📉 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 1:30
    💪 Professional Leverage
    Up to 1:500 Up to 1:500
    ✍ Customisable Leverage
    Yes, for the whole account.

    No – it is defined during the registration process and can’t be changed

    🎲 Deleveraged Trading
    Yes Yes, depending on the account
    🎓 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 Yes
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes Yes
    👫 Social Trading
    No No
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    No Yes
    Fees
    💰 Inactivity Fee
    No No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    No

    Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%)

    💰 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 

    Varies per product (Eg. ETF Pro $0.0045/share)

    Spreads
    📈 EUR/USD

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

    Dynamic - From 0.3 Pips
    📉 SP500
    From 39 Pips Dynamic - From 40 Pips
    📈 GOLD
    From 24 Pips Dynamic - From 25 Pips
    📉 TSLA (Stock CFD)
    N/A Average spread varies per account (Eg: 55 pips for Pro, 27 Pips for ECN)
    📈 XLK (ETF - CFD)
    N/A N/A
    📉 BTC
    Dynamic - From $128.2 Dynamic - From $1 to $500
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No

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