Compare Tickmill vs HF Markets
What is Tickmill? What is HF Markets?
Tickmill is a forex broker that was founded in 2014 and is regulated by the FCA, CySEC, FSA, BaFin, FSCA and DFSA. It offers trading on over 700 instruments, including forex, CFDs, stocks and cryptocurrencies. It has a minimum deposit of $100 and a maximum leverage of 1:500. It provides various trading platforms, such as MetaTrader 4, WebTrader and Tickmill Trader.
HF Markets is a forex broker that was founded in 2010 and is regulated by the FCA, CySEC, FSCA, DFSA, FSA and FSC. It offers trading on over 3500 instruments, including forex, CFDs, stocks, commodities, indices and cryptocurrencies. It has a minimum deposit of $5 and a maximum leverage of 1:1000. It provides various trading platforms, such as MetaTrader 4, MetaTrader 5 and HF App.
Tickmill vs HF Markets Regulation Comparison
Both brokers are regulated by reputable authorities in multiple jurisdictions. However, HF Markets has one more tier-3 license than Tickmill (Mauritius FSC). This means that HF Markets may have more flexibility in offering trading conditions and services to its clients. On the other hand, Tickmill has a higher trust score (82 out of 99) than HF Markets (85 out of 99) .
Tickmill vs HF Markets Trading Assets Comparison
Tickmill offers more trading assets than HF Markets, especially in terms of forex pairs (63 vs 47) and tradeable symbols (725 vs 3500). However, HF Markets offers more variety in terms of asset classes, such as bonds, ETFs and physical stocks. Both brokers offer cryptocurrency CFDs, but not physical cryptocurrencies.
Tickmill vs HF Markets Trading Fees Comparison
Both brokers charge variable spreads and commissions on their trading accounts. The spreads and commissions may vary depending on the account type, market conditions and trading platform. The average spread for EUR/USD at Tickmill is 0.2 pips with a commission of $1 per lot, while the average spread for EUR/USD at HF Markets is 0.3 pips with a commission of $3 per lot.This means that Tickmill may have lower trading costs than HF Markets for this currency pair.
Tickmill vs HF Markets Account Types Comparison
Both brokers offer different types of accounts to suit different trading styles and preferences. Tickmill offers three main account types: Classic (no commission, higher spreads), Pro (low commission, lower spreads) and VIP (lowest commission, lowest spreads). HF Markets offers four main account types: Micro (low minimum deposit, higher spreads), Premium (higher minimum deposit, lower spreads), Zero Spread (zero spread, fixed commission) and Auto (social trading account). Both brokers also offer Islamic accounts (swap-free), demo accounts (virtual trading) and PAMM accounts (managed trading).
Tickmill vs HF Markets Deposit Options Comparison
Both brokers offer various payment methods for depositing and withdrawing funds from their trading accounts. These include credit/debit cards, wire transfer, e-wallets (such as Skrill, Neteller and WebMoney), crypto wallets (such as Bitcoin and Ethereum) and local payment options (such as FasaPay and QIWI). However, the availability of these methods may depend on the country of residence of the client and the currency of the account.
Tickmill vs HF Markets Trading Platforms Comparison
Both brokers provide MetaTrader 4 as their main trading platform. MetaTrader 4 is a popular and user-friendly platform that offers advanced charting tools, technical indicators, automated trading systems (Expert Advisors) and market news. Both brokers also offer WebTrader as an alternative web-based platform that can be accessed from any browser without downloading any software. However, HF Markets also offers MetaTrader 5 as an additional platform that has more features than MetaTrader 4, such as more timeframes, more order types, more indicators and more markets.
Tickmill vs HF Markets Analytical Tools Comparison
Both brokers provide various analytical tools to help their clients make informed trading decisions. These include market analysis reports, economic calendars, trading signals, webinars, educational materials and trading contests. However, HF Markets may have more tools than Tickmill, such as Autochartist (a technical analysis tool that scans the market for trading opportunities), HF Copy (a social trading platform that allows copying the trades of other traders) and Premium Trader Tools (a suite of advanced trading tools that includes sentiment indicators, correlation matrix, trade terminal and more).
Tickmill vs HF Markets. Which forex broker is better? Which forex broker should you choose?
Choosing the best forex broker probably depends on your personal preferences, trading goals and risk appetite. However, you can consider several factors to consider when choosing a forex broker, such as:
- Regulation: You should choose a broker that is regulated by reputable authorities in your country or region, as this can ensure the safety of your funds and the fairness of the conditions transaction.
- Trading Assets: You should choose a broker that offers trading assets that interest you, such as forex, CFDs, stocks, commodities, indices or cryptocurrencies.
- Trading Fees: You should choose a broker with low and transparent transaction fees, such as spreads, commissions, swaps and others.
- Account type: You should choose a broker that has account types that suit your trading style and budget, such as minimum deposit, maximum leverage, platform and trading features.
- Deposit and Withdrawal Options: It is recommended that you choose a broker with convenient and secure payment methods for depositing and withdrawing funds from your trading account, such as credit/debit cards, wire transfers. bank account, e-wallet or e-wallet.
- Trading platform: You should choose a broker with a reliable and user-friendly trading platform that offers advanced tools and functions, such as charts, indicators, automated trading , market news and analysis.
- Analytical Tools: You should choose a broker that has a variety of analytical tools to help you make informed trading decisions, such as market analysis reports, economic calendars, trading signals, webinars, educational materials and trading contests.
Finally, You can also read online reviews and testimonials from other traders who have used the brokers you are considering. This can give you an idea of their reputation, customer service, and overall performance.
