Compare Tickmill vs AMarkets
What is Tickmill? What is AMarkets?
Tickmill is a forex and CFD broker that was founded in 2014 and is regulated by the FCA, CySEC, BaFin, FSCA, FSA and DFSA. It offers over 700 trading instruments, including 63 currency pairs, indices, commodities, bonds and cryptocurrencies. It has three account types: Classic, Pro and VIP, with minimum deposits of $100, $100 and $50,000 respectively. It also offers a demo account and an Islamic account. It supports the MetaTrader 4 platform and provides various analytical tools and educational resources for traders.
AMarkets is a forex and CFD broker that was founded in 2007 and is regulated by the Financial Commission. It offers over 250 trading instruments, including 50 currency pairs, indices, commodities, stocks and cryptocurrencies. It has four account types: Standard, Fixed, ECN and Crypto, with minimum deposits of $100, $100, $200 and $100 respectively. It also offers a demo account and an Islamic account. It supports the MetaTrader 4 and MetaTrader 5 platforms and provides various analytical tools and educational resources for traders.
Tickmill vs AMarkets Regulation Comparison
Here is a table that compares the regulatory licenses of Tickmill and AMarkets:
| Regulatory Authority | Tickmill | AMarkets |
|---|---|---|
| FCA (UK) | Yes | No |
| CySEC (Cyprus) | Yes | Yes |
| BaFin (Germany) | Yes | No |
| FSCA (South Africa) | Yes | Yes |
| FSA (Seychelles) | Yes | No |
| DFSA (UAE) | Yes | No |
| Financial Commission (UK) | No | Yes |
Tickmill has more regulatory licenses than AMarkets, which means it is subject to more oversight and compliance requirements from different jurisdictions. This may give traders more confidence and security when trading with Tickmill.
Tickmill vs AMarkets Trading Assets Comparison
Here is a table that compares the number of trading assets offered by Tickmill and AMarkets:
| Trading Asset | Tickmill | AMarkets |
|---|---|---|
| Forex Pairs | 63 | 50 |
| Indices | 14 | 11 |
| Commodities | 17 | 15 |
| Bonds | 4 | 0 |
| Cryptocurrencies | 5 | 7 |
| Stocks | N/A | 175 |
Tickmill offers more forex pairs, indices, commodities and bonds than AMarkets, while AMarkets offers more cryptocurrencies and stocks than Tickmill. Depending on your trading preferences and strategies, you may find one broker more suitable than the other.
Tickmill vs AMarkets Trading Fees Comparison
Here is a table that compares the average trading fees of Tickmill and AMarkets:
| Trading Fee | Tickmill | AMarkets |
|---|---|---|
| Spread Type | Variable | Fixed |
| Average EUR/USD Spread (pips) | 0.2 | 3 |
| Commission per Lot ($/€/£) | $1/$1/£1 | $2.5/$2/£2 |
| Swap Rate (Long/Short) for EUR/USD (%) | -0.45/-0.15 | -0.5/-0.25 |
Tickmill has lower spreads and commissions than AMarkets, which means it has lower trading costs for traders. However, AMarkets has fixed spreads, which means they do not change depending on market conditions or volatility. This may give traders more stability and predictability when trading with AMarkets.
Tickmill vs AMarkets Account Types Comparison
Here is a table that compares the account types of Tickmill and AMarkets:
| Account Type | Tickmill | AMarkets |
|---|---|---|
| Classic | Min Deposit: $100 br Leverage: up to 1:500 br Spread: from 1.6 pips br Commission: none br Platform: MT4 | Min Deposit: $100 br Leverage: up to 1:1000 br Spread: from 1.3 pips br Commission: none br Platform: MT4/MT5 |
| Pro | Min Deposit: $100 br Leverage: up to 1:500 br Spread: from 0 pips br Commission: $2 per side per lot br Platform: MT4 | Min Deposit: $100 br Leverage: up to 1:1000 br Spread: from 0.3 pips br Commission: $2.5 per side per lot br Platform: MT4/MT5 |
| VIP | Min Deposit: $50,000 br Leverage: up to 1:500 br Spread: from 0 pips br Commission: $1 per side per lot br Platform: MT4 | N/A |
| ECN | N/A | Min Deposit: $200 br Leverage: up to 1:200 br Spread: from 0 pips br Commission: $2.5 per side per lot br Platform: MT4/MT5 |
| Crypto | N/A | Min Deposit: $100 br Leverage: up to 1:10 br Spread: from 0 pips br Commission: none br Platform: MT4 |
Tickmill offers three account types, while AMarkets offers four account types. Both brokers offer a Classic and a Pro account, which have similar features and fees, except for the leverage and the platform options. Tickmill also offers a VIP account, which has lower commissions but higher minimum deposit than the Pro account. AMarkets also offers an ECN account, which has lower spreads but higher commissions than the Pro account. Additionally, AMarkets offers a Crypto account, which is dedicated to trading cryptocurrencies.
Tickmill vs AMarkets Deposit Options Comparison
Deposit and withdrawal options are the methods that traders can use to fund or withdraw money from their trading accounts, such as bank transfer, credit card, e-wallet, etc. The more deposit and withdrawal options a broker offers, the more convenience and accessibility traders have to manage their funds. Here is a table that compares the deposit and withdrawal options of Tickmill and AMarkets:
| Payment Method | Tickmill | AMarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit/Debit Card | Yes | Yes |
| WebMoney | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
| UnionPay | Yes | Yes |
| QIWI | No | Yes |
| FasaPay | Yes | Yes |
| Perfect Money | No | Yes |
| AdvCash | No | Yes |
| Crypto | Yes | Yes |
Both brokers offer a variety of deposit and withdrawal options, with some differences in availability. AMarkets offers more e-wallet options than Tickmill, such as QIWI, Perfect Money and AdvCash.
Tickmill vs AMarkets Trading Platforms Comparison
Trading platforms are the software or applications that traders use to access the forex market, execute trades, analyze charts, etc. The more trading platforms a broker offers, the more choices and features traders have to enhance their trading experience. Here is a table that compares the trading platforms of Tickmill and AMarkets:
| Trading Platform | Tickmill | AMarkets |
|---|---|---|
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | No | Yes |
As you can see, both brokers offer the MetaTrader 4 platform, which is one of the most popular and widely used platforms in the forex industry. It has a user-friendly interface, advanced charting tools, custom indicators, automated trading systems, etc.However, only AMarkets also offers the MetaTrader 5 platform, which is the newer and more advanced version of the MetaTrader 4 platform. It has more technical indicators, timeframes, order types, market depth, etc. It also supports more trading assets, such as stocks and futures. Depending on your trading needs and preferences, you may find one platform more suitable than the other.
Tickmill vs AMarkets Analytical Tools Comparison
Tickmill offers two main analytical tools: the Advanced Trading Toolkit and the Acuity Trading Tool. The Advanced Trading Toolkit is a set of 13 applications and 15 indicators that enhance the MetaTrader 4 platform with various features, such as trade terminal, alarm manager, sentiment trader, correlation matrix, stealth orders, etc. The Acuity Trading Tool is a tool that uses AI to combine news articles, diverse data sets and natural language processing to provide traders with an overview of market sentiment for different instruments. It also includes a research terminal, market alerts, linear second, sentiment complex and a macroeconomic calendar.
AMarkets offers three main analytical tools: Autochartist, Trading Central and Web TV. Autochartist is a tool that scans the market for trading opportunities based on technical analysis, such as chart patterns, Fibonacci patterns, key levels, etc. It also provides volatility analysis, performance statistics and market reports. Trading Central is a tool that provides traders with market insights, technical analysis, trading signals and strategies from professional analysts. It also includes adaptive indicators, analyst views and daily newsletters. Web TV is a tool that provides traders with live video broadcasts from the New York Stock Exchange floor, covering market news, trends, analysis and commentary.
Tickmill vs AMarkets. Which forex broker is better? Which forex broker should you choose?
Different brokers may have different advantages and disadvantages for different traders. The best forex broker for you depends on your personal trading goals, needs and preferences. However, here are some factors that can help you decide which forex broker to choose:
- If you value regulation and reliability, you may prefer Tickmill as it has more regulatory licenses than AMarkets.
- If you value trading assets and diversity, you may prefer Tickmill, as it offers more forex pairs, indices, commodities and bonds than AMarkets. However, if you are interested in trading stocks and cryptocurrencies, you may prefer AMarkets, as it offers more of these tools than Tickmill.
- If you value trading fees and costs, you may prefer Tickmill as it has lower spreads and commissions than AMarkets. However, if you value stability and predictability, then you may prefer AMarkets, as it has a fixed spread that doesn’t change with market conditions.
- If you value account types and flexibility, you may prefer AMarkets, as it offers more account types than Tickmill. However, if you appreciate low commissions and high leverage, then you may prefer Tickmill, as it offers lower commissions and higher leverage than AMarkets.
- If you value deposit and withdrawal options as well as convenience, you may prefer AMarkets, as it offers more e-wallet options than Tickmill.
- If you value features and trading platforms, you may prefer AMarkets, as it offers both MetaTrader 4 and MetaTrader 5 platforms, while Tickmill only offers MetaTrader 4 platforms.
- If you value analytical tools and support, you may prefer either broker, as both offer a variety of analytical tools to help traders improve their trading performance and skills their.
Finally, you can also do your own research and test the brokers yourself before opening a live account with them. You can use their demo account to practice trading with virtual currency and compare their services and conditions. You can also read reviews from other traders who have experience with the broker. Ultimately, the best forex broker for you is the one that meets your trading needs and expectations.
