Tickmill Vs. TMGM - 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.	TMGM is an Australian broker specialised in financial derivatives known as contract-for-differences (CFDs). Operating since 2013, TMGM provides trading in forex, stocks, indices, cryptocurrencies and commodities.
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	Swing traders who can use high leverage Stock traders who do not have access or funds to trade with specialised brokers
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 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSA (Seychelles) FCA (UK) FSA (Labuan) FSCA (South Africa)	ASIC (Australia) FMA (New Zealand) 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	High and flexible leverage No deposit or withdrawal fees Supports Expert Advisors (EAs), hedging and news trading
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)	Only has financial derivatives (CFDs) Inactivity fee is tied to minimum account balance
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	2013
💳 Minimum Deposit
$, €, £ - 100	$, -100
💰 Payment Methods
Bank Transfer Visa Mastercard Skrill Neteller DotPay Paypal	Bank Transfer Credit cards Debit cards FasaPay Neteller RMB Instant Revolut Paytrust Skrill Sticpay UnionPay Wise
💵 Account Base Currencies
4 - USD, EUR, GBP, PLN	6 - EUR, USD, GBP, AUD, NZD, CAD
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US.
📊 STP Account
No	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Assets
📚 Available Assets
CFDs on currencies, indices, commodities, bonds and cryptocurrencies	CFDs on stocks, currencies, commodities and indices.
📙 Stocks
N/A	12,000+
📘 Currency Pairs
62	55
📗 Commodities
4	6
📕 Indices
14	15
📔 ETFs
N/A	N/A
💸 Cryptocurrencies
3	12
📒 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 TMGM's assets are CFDs
Trading Experience
📈 Minimum Stock Trade Size
N/A	1 Share
📉 Minimum ETFs Trade Size
N/A	N/A
📈 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)	Varies per Commodity (0.01 lots for gold, 1 lot for Crude Oil)
📉 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	Up to 1:500
✍ 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	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
No	$30 fee if there is no activity for 6 months or if the account balance falls below $500.
💰 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, from $3.5 per lot round turn
Spreads
📈 EUR/USD
From 0 pips up to 1.6 Pips (Depending on account type)	Dynamic - From 0 pips
📉 SP500
From 39 Pips	Dynamic - From 30 Pips
📈 GOLD
From 24 Pips	Dynamic - From 11 pips
📉 TSLA (Stock CFD)
N/A	Dynamic - From $0.48
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Dynamic - From $128.2	Dynamic - From $32
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No