Compare Admiral Markets vs Tickmill
What is Admiral Markets? What is Tickmill?
Admiral Markets is a leading forex and CFD broker that was founded in 2001 and is regulated by the FCA, CySEC, ASIC and JSC. It offers the MT4 and MT5 platforms, low fees, extensive educational tools and a range of trading instruments, including forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds and spread betting.
Tickmill is a forex and CFD broker that was founded in 2014 and is regulated by the FCA, CySEC, FSA, LFSA and SC. It offers the MT4 platform, a demo account, copy trading, low minimum deposit, good execution speed and a variety of trading instruments, including forex, CFDs, indices, commodities and bonds.
Admiral Markets vs Tickmill Regulation Comparison
Both brokers are regulated by reputable authorities in multiple jurisdictions. Admiral Markets has more tier-1 licenses than Tickmill, which indicates a higher level of trustworthiness. Here is a table that compares their regulatory status:
| Regulator | Admiral Markets | Tickmill |
|---|---|---|
| FCA (UK) | Yes | Yes |
| CySEC (Cyprus) | Yes | Yes |
| ASIC (Australia) | Yes | No |
| JSC (Jordan) | Yes | No |
| FSA (Seychelles) | No | Yes |
| LFSA (Labuan) | No | Yes |
| SC (Malaysia) | No | Yes |
Admiral Markets vs Tickmill Trading Assets Comparison
Both brokers offer a wide range of trading assets to suit different trading styles and preferences. However, Admiral Markets has more tradeable symbols and forex pairs than Tickmill. It also offers some unique instruments that Tickmill does not, such as cryptocurrencies, ETFs and spread betting. Here is a list of some of the trading assets available from each broker:
- Admiral Markets: Forex (80 pairs), CFDs (6942 symbols), indices (40), shares (4000+), commodities (32), cryptocurrencies (32), ETFs (400+), bonds (10), spread betting (UK only)
- Tickmill: Forex (63 pairs), CFDs (725 symbols), indices (15), commodities (5), bonds (4)
Admiral Markets vs Tickmill Trading Fees Comparison
Both brokers charge competitive fees for trading forex and CFDs. However, the exact fees may vary depending on the account type, trading platform, market conditions and other factors. Here are some of the main fees to consider when comparing the brokers:
- Spreads: Both brokers offer variable spreads that depend on the liquidity and volatility of the market. Admiral Markets has lower average spreads than Tickmill for some of the major forex pairs. For example, the average spread for EUR/USD is 0.6 pips for Admiral Markets and 0.8 pips for Tickmill.
- Commissions: Both brokers charge commissions for some of their account types. Admiral Markets charges commissions for its Zero.MT4 account ($3 per lot per side) and its Zero.MT5 account ($1.8 per lot per side). Tickmill charges commissions for its Pro account ($2 per lot per side) and its VIP account ($1 per lot per side).
- Swap rates: Both brokers charge swap rates for holding positions overnight. The swap rates vary depending on the instrument, direction and duration of the trade. You can check the swap rates on the brokers’ websites or platforms.
- Inactivity fee: Both brokers charge an inactivity fee for dormant accounts. Admiral Markets charges $10 per month after 24 months of inactivity. Tickmill charges $0 after 12 months of inactivity.
Admiral Markets vs Tickmill Account Types Comparison
Both brokers offer different account types to suit different trading needs and preferences. Here is a table that compares some of the main features of their account types:
| Feature | Admiral Markets | Tickmill |
|---|---|---|
| Minimum deposit | $100 | $100 |
| Maximum leverage | 1:30 (EU), 1:500 (non-EU) | 1:500 |
| Platforms | MT4, MT5 | MT4 |
| Execution type | Market execution | Market execution |
| Account types | Trade.MT4/MT5, Zero.MT4/MT5, Invest.MT5 | Classic, Pro, VIP |
Admiral Markets vs Tickmill Deposit Options Comparison
Both brokers offer various deposit and withdrawal options for their clients. However, the availability and fees of these options may vary depending on the country, currency and amount of the transaction. Here is a list of some of the deposit and withdrawal options available from each broker:
- Admiral Markets: Credit/debit card, bank wire transfer, Skrill, Neteller, PayPal, Klarna, iDeal, POLi, Sofort
- Tickmill: Credit/debit card, bank wire transfer, Skrill, Neteller, FasaPay, GlobePay, M-Pesa, Paysafecard, Perfect Money, QIWI, Rapid Transfer, Sticpay, WebMoney
Admiral Markets vs Tickmill Trading Platforms Comparison
Both brokers offer the popular MT4 platform for trading forex and CFDs. However, Admiral Markets also offers the MT5 platform, which has some additional features and advantages over MT4. Here are some of the main differences and similarities between the platforms:
- MT4: Both brokers offer the MT4 platform for desktop, web and mobile devices. The MT4 platform is widely used and trusted by traders around the world. It has a user-friendly interface, advanced charting tools, custom indicators and expert advisors (EAs), automated trading capabilities and a large online community.
- MT5: Admiral Markets offers the MT5 platform for desktop, web and mobile devices. The MT5 platform is an upgraded version of MT4 that has more instruments, timeframes, order types, indicators and EAs. It also supports hedging and netting modes, depth of market (DOM) and exchange-traded products.
Admiral Markets vs Tickmill Analytical Tools Comparison
Both brokers offer various analytical tools to help their clients make informed trading decisions. However, Admiral Markets has more tools and resources than Tickmill. Here are some of the analytical tools available from each broker:
- Admiral Markets: Premium Analytics (powered by Trading Central), MetaTrader Supreme Edition (a plugin that enhances the MT4 and MT5 platforms with additional features), Autochartist (a tool that scans the market for trading opportunities based on technical analysis), TradingView (a web-based charting platform with social features), Fundamental Analysis (a section that provides news and insights on the market), Technical Analysis (a section that provides technical analysis and signals on various instruments), Webinars (live and recorded sessions that cover various trading topics)
- Tickmill: Economic Calendar (a tool that shows the upcoming economic events and their impact on the market), Forex Calculators (tools that help calculate various trading parameters such as margin, pip value, swap rate etc.), Autochartist (a tool that scans the market for trading opportunities based on technical analysis), Webinars (live and recorded sessions that cover various trading topics)
Admiral Markets vs Tickmill. Which forex broker is better? Which forex broker should you choose?
Choosing a broker depends on your personal preferences, trading goals, risk appetite, budget and other factors. However, based on the comparison I provided, here are some possible advantages and disadvantages of each broker:
Admiral Markets
Pros: More regulations, more trading tools, more platforms, more analytical tools, spread betting options (UK only), negative balance protection.
Cons: Higher commission for some account types, inactivity fee after 24 months.
Tickmill
Pros: Lower commissions for some account types, lower average spreads for some forex pairs, no downtime after 12 months.
Cons: Fewer regulations, fewer trading tools, fewer platforms, fewer analytical tools.
Finally, you should do your own research and due diligence before choosing a forex broker. You can also try out their demo account and see which one suits you better.
