Compare Tickmill vs Markets.com
What is Tickmill? What is Markets.com?
Tickmill is a forex and CFD broker that offers trading on 63 currency pairs and 13 CFDs, including indices, commodities and bonds. Tickmill is regulated by the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Services Authority (FSA). Tickmill has three account types: Classic, Pro and VIP, with different spreads, commissions and minimum deposits.
Markets.com is a forex and CFD broker that offers trading on over 2,200 assets, including 67 currency pairs, stocks, indices, commodities, cryptocurrencies, ETFs and bonds. Markets.com is regulated by the FCA, CySEC, the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA) of South Africa. Markets.com has two account types: Standard and Professional, with different leverage, spreads and margin requirements.
Tickmill vs Markets.com Regulation Comparison
| Broker | Regulator | Tier-1 Licenses | Tier-2 Licenses | Tier-3 Licenses |
|---|---|---|---|---|
| Tickmill | FCA, CySEC, FSA | 2 (UK, Seychelles) | 1 (Cyprus) | 0 |
| Markets.com | FCA, CySEC, ASIC, FSCA | 3 (UK, Australia, South Africa) | 1 (Cyprus) | 0 |
Tickmill vs Markets.com Trading Assets Comparison
| Broker | Forex Pairs | Stock CFDs | Index CFDs | Commodity CFDs | Crypto CFDs* | ETF CFDs | Bond CFDs |
|---|---|---|---|---|---|---|---|
| Tickmill | 63 | 0 | 17 | 5 | 0 | 0 | 4 |
| Markets.com | 67 | 2,000+ | 40+ | 25+ | 20+ | 60+ | 5 |
Crypto CFDs are not available to retail traders in the UK due to FCA regulations **Crypto CFDs are not available to traders in Australia due to ASIC regulations
Tickmill vs Markets.com Trading Fees Comparison
| Broker | Account Type | EUR/USD Avg. Spread* | GBP/USD Avg. Spread* | AUD/USD Avg. Spread* | Commissions (per lot) |
|---|---|---|---|---|---|
| Tickmill | Classic | 1.6 pips | 2.0 pips | 1.5 pips | $0 |
| Tickmill | Pro | 0.1 pips | 0.3 pips | 0.1 pips | $2 |
| Tickmill | VIP | 0.1 pips | 0.3 pips | 0.1 pips | $1 |
| Markets.com | Standard | Variable | Variable | Variable | $0 |
| Markets.com | Professional | Variable | Variable | Variable | $0 |
Variable spreads depend on market conditions and liquidity
Tickmill vs Markets.com Account Types Comparison
Tickmill has three account types: Classic, Pro and VIP. The main differences between them are:
- The Classic account has no commissions but wider spreads than the other two accounts.
- The Pro account has low commissions ($2 per lot) and tight spreads starting from 0 pips.
- The VIP account has even lower commissions ($1 per lot) but requires a minimum deposit of $50,000.
All three account types have a minimum trade size of 0.01 lots and a maximum leverage of up to 500:1 for professional clients or up to 30:1 for retail clients in the UK and Europe.
Markets.com has two account types: Standard and Professional. The main differences between them are:
- The Standard account has no commissions but variable spreads depending on market conditions and liquidity.
- The Professional account has no commissions but lower spreads than the Standard account.
- The Professional account also has higher leverage of up to 300:1 for forex and up to 20:1 for stocks, compared to up to 30:1 for forex and up to 5:1 for stocks for the Standard account.
- The Professional account requires meeting certain criteria such as trading experience, financial assets and trading frequency.
Both account types have a minimum trade size of 0.01 lots for forex and a minimum deposit of $100.
Tickmill vs Markets.com Deposit Options Comparison
Tickmill offers 14 funding methods, including bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, UnionPay, SticPay, NganLuong.vn and Bitcoin. Tickmill does not charge any fees for deposits or withdrawals, but third-party fees may apply. The processing time for deposits is instant for most methods, except for bank wire transfer which may take up to 3 business days. The processing time for withdrawals is within 1 business day for most methods, except for bank wire transfer which may take up to 5 business days.
Markets.com offers 15 funding methods, including bank wire transfer, credit/debit cards, PayPal, Skrill, Neteller, Sofort, iDeal, Giropay, Trustly, Przelewy24 and Rapid Transfer. Markets.com does not charge any fees for deposits or withdrawals, but third-party fees may apply. The processing time for deposits is instant for most methods, except for bank wire transfer which may take up to 2 business days. The processing time for withdrawals is within 2 business days for most methods, except for bank wire transfer which may take up to 5 business days.
Tickmill vs Markets.com Trading Platforms Comparison
Tickmill offers three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5) and WebTrader. MT4 and MT5 are the most popular trading platforms in the forex industry, offering advanced charting tools, technical indicators, automated trading and customisable features. WebTrader is a web-based platform that does not require any download or installation and allows you to trade from any browser or device.
Markets.com offers four trading platforms: Marketsx (web and mobile), Marketsi (web and mobile), MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Marketsx and Marketsi are proprietary platforms that offer unique features such as trading signals, sentiment analysis, advanced charting tools and portfolio management. MT4 and MT5 are the same as Tickmill’s platforms.
Tickmill vs Markets.com Analytical Tools Comparison
Tickmill offers various analytical tools to help traders make informed decisions, such as:
- Economic calendar: shows the upcoming economic events and their impact on the markets
- Forex calculators: help traders calculate the margin, pip value, swap and commission for their trades
- Autochartist: a tool that scans the markets for trading opportunities based on technical analysis and patterns
- VPS: a service that allows traders to run their automated trading strategies on a remote server without interruption
- Myfxbook: a social trading platform that allows traders to copy the trades of other successful traders
Markets.com also offers various analytical tools to help traders make informed decisions, such as:
- Economic calendar: shows the upcoming economic events and their impact on the markets
- Trading signals: provide buy and sell recommendations based on technical analysis and market trends
- Sentiment tools: show the market sentiment based on the percentage of buyers and sellers for each asset
- Analyst recommendations: show the consensus of analysts’ ratings and price targets for each stock
- Insider trades: show the transactions of company insiders such as directors and executives
- Hedge fund confidence: show the level of confidence of hedge funds in each stock
- Bloggers opinions: show the opinions of influential bloggers and financial experts on each stock
- Trends in trading: show the popularity of each asset among Markets.com traders
Tickmill vs Markets.com. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading style, goals and risk appetite. You should compare the features, fees, platforms and regulations of each broker and decide which broker is best for you. You can also try their demo account to test their services before opening a live account. Forex and CFD trading involves significant risk of loss. You should only trade with money that you can accept to lose.
