Compare Tickmill vs IFC Markets
What is Tickmill? What is IFC Markets?
Tickmill is a global online broker that was founded in 2014 and is regulated by multiple authorities, including the UK’s FCA, Cyprus’s CySEC, Seychelles’s FSA, and South Africa’s FSCA. IFC Markets is an international online broker that was established in 2006 and is regulated by the British Virgin Islands’s FSC and Cyprus’s CySEC.
Tickmill vs IFC Markets Regulation Comparison
Both Tickmill and IFC Markets are regulated by reputable authorities and offer a high level of security and protection to their clients. However, Tickmill has more regulatory licenses than IFC Markets, which may give it an edge in terms of trustworthiness and reputation.
Tickmill vs IFC Markets Trading Assets Comparison
Tickmill offers trading in over 80 instruments, including forex, CFDs on indices, commodities, bonds, and cryptocurrencies. IFC Markets offers trading in over 600 instruments, including forex, CFDs on stocks, indices, commodities, metals, ETFs, and synthetic instruments (PCI).
Tickmill vs IFC Markets Trading Fees Comparison
Both Tickmill and IFC Markets offer competitive trading fees, with low spreads and commissions. However, the exact fees may vary depending on the account type, trading platform, and instrument. Generally, Tickmill has lower spreads on forex and CFDs on indices and commodities, while IFC Markets has lower spreads on CFDs on stocks and ETFs.
Tickmill vs IFC Markets Account Types Comparison
Tickmill offers three main account types: Classic, Pro, and VIP. The Classic account has no commission but higher spreads, the Pro account has low spreads and a commission of $4 per lot round turn, and the VIP account has ultra-low spreads and a commission of $2 per lot round turn. The minimum deposit for all accounts is $100. IFC Markets offers two main account types: Standard and NetTradeX. The Standard account has no commission but higher spreads, while the NetTradeX account has lower spreads and a commission of $6 per lot round turn. The minimum deposit for both accounts is $1.
Tickmill vs IFC Markets Deposit Options Comparison
Both Tickmill and IFC Markets offer a variety of deposit and withdrawal options, including bank wire transfer, credit/debit cards, e-wallets (such as Skrill, Neteller, WebMoney), and local payment methods (such as FasaPay, NganLuong). However, Tickmill does not charge any fees for deposits or withdrawals, while IFC Markets may charge some fees depending on the method and amount.
Tickmill vs IFC Markets Trading Platforms Comparison
Tickmill offers two main trading platforms: MetaTrader 4 (MT4) and WebTrader. MT4 is a popular and user-friendly platform that supports multiple order types, charting tools, indicators, expert advisors (EAs), and automated trading. WebTrader is a web-based platform that allows access to the markets from any browser without downloading any software. IFC Markets offers two main trading platforms: MetaTrader 4 (MT4) and NetTradeX. MT4 is the same as Tickmill’s MT4 platform. NetTradeX is a proprietary platform that has some unique features such as creating synthetic instruments (PCI), advanced order types, portfolio trading, and risk management tools.
Tickmill vs IFC Markets Analytical Tools Comparison
Both Tickmill and IFC Markets offer various analytical tools to help their clients make informed trading decisions. These include market news, economic calendar, technical analysis tools (such as Autochartist), trading signals (such as Trading Central), webinars, seminars, ebooks, videos, and blogs.
Tickmill vs IFC Markets. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading style, goals and needs. However, here are some factors that you can consider when comparing Tickmill and IFC Markets:
- Regulation and Reputation: Both brokers are regulated by reputable bodies and have a good reputation in the industry. However, Tickmill has more regulatory licenses than IFC Markets, which could give Tickmill an edge in terms of reliability and reputation.
- Assets and trading instruments: Both brokers offer a wide range of assets and trading instruments, including forex, CFDs and cryptocurrencies. However, IFC Markets has more instruments than Tickmill, especially in terms of CFDs on stocks, ETFs and aggregates (PCI).
- Trading Fees and Costs: Both brokers offer competitive trading fees and costs, with low spreads and commissions. However, the exact fees and costs may vary depending on the account type, trading platform and instrument. Generally, Tickmill has lower spreads for forex and CFDs on indices and commodities, while IFC Markets has lower spreads for CFDs on stocks and ETFs.
- Account Types and Features: Both brokers offer different account types and features to suit different types of traders. However, the minimum deposit amount, leverage, commission and other features may vary depending on the account type. In general, Tickmill has a lower minimum deposit and commission than IFC Markets, while IFC Markets has higher leverage than Tickmill.
- Deposit and Withdrawal Options and Fees: Both brokers offer a variety of deposit and withdrawal options and fees to facilitate clients’ transactions. However, Tickmill does not charge any fees for deposits or withdrawals, while IFC Markets may charge some fees depending on the method and amount.
- Trading Platforms and Tools: Both brokers offer different trading platforms and tools to enhance the trading experience for their clients. However, the features, functionality, and user-friendliness of the platforms may vary depending on the platform. All in all, MT4 is a popular and user-friendly platform that supports a wide range of orders, charting tools, indicators, expert advisors (EAs) and automated trading. NetTradeX is a proprietary platform that has a number of unique features such as creation of aggregators (PCI), advanced order types, portfolio trading and risk management tools.
- Educational and Analytical Tools: Both brokers provide various educational and analytical tools to help their clients make informed trading decisions. These include market news, economic calendars, technical analysis tools (such as Autochartist), trading signals (such as Trading Central), webinars, seminars, ebooks, videos and blogs.
Based on these factors, you can decide which broker is better or more suitable for you. However, you can also do your research and due diligence before choosing a broker. You can also try their demo account or read online reviews to better understand their service and performance.
