Tickmill is a forex broker that offers low spread, high leverage, CFD stock and commodities trading on the MT4 and MT5 platforms. It is regulated by the UK Financial Conduct Authority (FCA) and the Seychelles Financial Services Authority (FSA). It has won over 30 industry awards for its excellence in trading conditions, execution speed and customer service.
MTrading is a forex broker that offers low spread, fast execution, negative balance protection and instant withdrawals for forex, commodities, crypto and indices trading. It also provides a fully automated copy trading platform that allows investors to follow the trades of expert traders. It is regulated by the International Financial Services Commission (IFSC) of Belize.
Tickmill vs MTrading Regulation Comparison
Broker
Regulator
License Number
Compensation Scheme
Tickmill UK Ltd
FCA
717270
Up to £85,000 per eligible client
Tickmill Ltd
FSA
SD008
No compensation scheme
MTrading
IFSC
IFSC/60/270/TS/14
No compensation scheme
Tickmill vs MTrading Trading Assets Comparison
Broker
Forex Pairs
Indices
Stocks & ETFs
Bonds
Commodities
Cryptos
Tickmill
60+
15+
500+
German and US bonds
Precious metals and energies
No
MTrading
40+
10+
No
No
Precious metals, energies and agricultural products
BTC, ETH, LTC, XRP
Tickmill vs MTrading Trading Fees Comparison
Broker
Spreads
Commissions
Swap Rates
Tickmill Classic Account
From 1.6 pips on EUR/USD
No commissions
Based on market conditions
Tickmill Pro Account
From 0.0 pips on EUR/USD
$2 per side per 100k traded
Based on market conditions
Tickmill VIP Account
From 0.0 pips on EUR/USD
$1 per side per 100k traded
Based on market conditions
MTrading Standard Account
From 0.9 pips on EUR/USD
No commissions
Based on market conditions
MTrading ECN Account
From 0.0 pips on EUR/USD
$3 per side per lot traded
Based on market conditions
Tickmill vs MTrading Account Types Comparison
Broker
Account Type
Minimum Deposit (USD)
Base Currencies
Tickmill Classic Account
Standard account with no commissions and higher spreads
100
USD, EUR, GBP, ZAR
Tickmill Pro Account
ECN account with low commissions and tight spreads
100
USD, EUR, GBP, ZAR
Tickmill VIP Account
ECN account with ultra-low commissions and tight spreads for high-volume traders
50,000
USD, EUR, GBP, ZAR
MTrading Standard Account
Standard account with no commissions and low spreads
No minimum deposit
USD, EUR, GBP, NGN
MTrading ECN Account
ECN account with low commissions and variable spreads for advanced traders
No minimum deposit
USD, EUR, GBP, NGN
Tickmill vs MTrading Deposit Options Comparison
Broker
Deposit Methods
Withdrawal Methods
Fees
Tickmill
Bank wire, credit/debit cards, Skrill, Neteller, Sticpay, Fasapay, Ngan Luong, UnionPay
Bank wire, credit/debit cards, Skrill, Neteller, Sticpay, Fasapay, Ngan Luong, UnionPay
No fees for deposits and withdrawals
MTrading
Bank wire, credit/debit cards, Skrill, Neteller, Perfect Money, WebMoney, Bitcoin
Bank wire, credit/debit cards, Skrill, Neteller, Perfect Money, WebMoney, Bitcoin
No fees for deposits and withdrawals
Tickmill vs MTrading Trading Platforms Comparison
Both brokers use MetaTrader 4 as their main trading platform, which is available on web, desktop and mobile devices. MetaTrader 4 is a popular and user-friendly platform that offers many features, such as charting tools, indicators, expert advisors and automated trading. Tickmill also offers TradingView as an alternative web platform, which has more advanced charting and analysis tools.
Tickmill vs MTrading Analytical Tools Comparison
Broker
Tool
Features
Tickmill
Signal Centre Tool
Unique human and AI driven analysis with actionable trading ideas across multiple CFD asset classes
MTrading
Copy Trading Platform
Fully automated platform for copy trading to gain the highest rate of returns and profits by following the trades of expert traders
Tickmill vs MTrading. Which forex broker is better? Which forex broker should you choose?
The best forex broker for you depends on your personal preferences, trading style, goals and risk appetite. Both Tickmill and MTrading have their own pros and cons. In particular, some factors that you may want to consider are:
Regulations and broker reputation
Trading conditions and broker fees
The range and variety of trading assets offered by the broker
Availability and quality of customer support and education provided by the broker
Compatibility and functionality of broker-provided trading platforms and tools
Broker deposit and withdrawal options and speeds
Broker bonuses and promotions
You may also want to read some online reviews and testimonials from other traders who have used Tickmill and MTrading to better understand their strengths and weaknesses. However, you should be careful not to rely solely on the opinions of others, as they may not reflect your own circumstances and needs.
In the end, the best way to find out which forex broker is better for you is to experiment for yourself. You can open a demo account with both Tickmill and MTrading and test out their services and features without risking real money. This will allow you to compare them side by side and see which one suits you better.
