Tickmill
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71% of retail CFD accounts lose money.

Vs.

XM
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74.89% of retail CFD accounts lose money.

Tickmill Vs. XM - Compare and Choose the Right One

Updated Jul 12 2022

Visit

71% 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.

XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.

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
  • Experienced traders looking to trade shares in high volume using their Zero account
  • MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms
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

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
The Good
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
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 proprietary platforms or technology
  • Expensive spreads and trading fees
  • Lack of asset variety when compared to other brokers in the same range
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 2009
    💳 Minimum Deposit
    $, €, £ - 100 €, £, $ - 5
    💰 Payment Methods
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    • Visa
    • Mastercard
    • Bank Transfer
    • Neteller
    • Skrill
    💵 Account Base Currencies
    4 - USD, EUR, GBP, PLN 11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, SY, IR. US, CA.
    📊 STP Account
    No No
    📊 DMA Account
    No No
    📊 ECN Account
    No No
    Assets
    📚 Available Assets

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    CFDs on stocks, commodities, currencies and indices.

    📙 Stocks
    N/A 1286
    📘 Currency Pairs
    62 57
    📗 Commodities
    4 15
    📕 Indices
    14 14
    📔 ETFs
    N/A N/A
    💸 Cryptocurrencies
    3 N/A
    📒 Bonds
    4 N/A
    📓 Options
    N/A N/A
    📗 Futures
    N/A 10
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    All of XM's assets are CFDs.
    Trading Experience
    📈 Minimum Stock Trade Size
    N/A Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares)
    📉 Minimum ETFs Trade Size
    N/A N/A
    📈 Minimum Crypto Trade Size
    $1,000 (0.01 Lots) N/A
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $100 (0.001 Lots)
    📈 Minimum Commodities Trade Size
    $1,000 (0.01 Lots) Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
    📉 Minimum Bonds Trade Size
    $1,000 (0.01 Lots) N/A
    📈 Minimum Futures Trade Size
    N/A All of XM's futures are commodities, same rules apply.
    📉 Minimum Options Trade Size
    N/A N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:500 N/A
    ✍ Customisable Leverage
    Yes, for the whole account. Yes
    🎲 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 No
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    No Yes
    Fees
    💰 Inactivity Fee
    No

    Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.

    💰 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 on Zero accounts ($7 per lot round turn).

    Spreads
    📈 EUR/USD

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

    Dynamic - From 1.7 Pips
    📉 SP500
    From 39 Pips Dynamic - From 40 Pips
    📈 GOLD
    From 24 Pips Dynamic - From 35 Pips
    📉 TSLA (Stock CFD)
    N/A Dynamic - From $9.4
    📈 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