Compare Tickmill vs N1CM
What is Tickmill? What is N1CM?
Tickmill is a forex and CFD broker that is licensed and regulated by the UK Financial Conduct Authority (FCA) and the Seychelles Financial Services Authority (FSA). It offers competitive spreads, low commissions, fast execution and access to various markets, including forex, indices, commodities, metals, bonds, cryptos and stocks.
N1CM is a forex and CFD broker that is licensed and regulated by the Vanuatu Financial Services Commission (VFSC). It offers bonuses, tight spreads, flexible leverage, fast execution and access to various markets, including forex, indices, commodities, metals, cryptos and stocks.
Tickmill vs N1CM Regulation Comparison
| Broker | Regulator | Trust Score |
|---|---|---|
| Tickmill | FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (UAE) | 82/99 |
| N1CM | VFSC (Vanuatu) | N/A |
Tickmill has a higher trust score than N1CM based on the number and quality of regulators it is authorised by. Tickmill holds three Tier-1 licenses (UK, UAE and Australia), three Tier-2 licenses (Cyprus, South Africa and Israel) and no Tier-3 licenses. N1CM holds only one Tier-3 license (Vanuatu) which is considered low trust.
Tickmill vs N1CM Trading Assets Comparison
| Broker | Forex Pairs | Indices | Commodities | Metals | Cryptos | Stocks & ETFs | Bonds |
|---|---|---|---|---|---|---|---|
| Tickmill | 60+ | 15+ | 4 (Gold, Oil) | 2 (Gold, Silver) | 4 (Bitcoin, Ethereum, Litecoin, Ripple) | 500+ | 2 (German and US bonds) |
| N1CM | 50+ | 10+ | 4 (Gold, Oil) | 2 (Gold, Silver) | 4 (Bitcoin, Ethereum, Litecoin, Ripple) | 100+ | None |
Tickmill vs N1CM Trading Fees Comparison
| Broker | Spreads From (pips) | Commissions From ($) per lot round turn |
|---|---|---|
| Tickmill Classic Account | 1.6 on EUR/USD | None |
| Tickmill Pro Account | 0.0 on EUR/USD | $4 |
| Tickmill VIP Account | 0.0 on EUR/USD | $2 |
| N1CM Standard Account | 0.9 on EUR/USD | None |
| N1CM ECN Account | 0.1 on EUR/USD | $7 |
Tickmill vs N1CM Account Types Comparison
| Broker | Minimum Deposit ($) | Base Currencies | Max Leverage |
|---|---|---|---|
| Tickmill Classic Accoun | 100 | USD, EUR, GBP, ZAR | 1:500 |
| Tickmill Pro Account | 100 | USD, EUR, GBP, ZAR | 1:500 |
| Tickmill VIP Account | 50,000 | USD, EUR, GBP, ZAR | 1:500 |
| N1CM Standard Account | None | USD | Up to 1:1000 |
| N1CM ECN Account | None | USD | Up to 1:1000 |
Tickmill vs N1CM Deposit Options Comparison
Both brokers offer a variety of deposit and withdrawal methods, including bank wire transfer, credit/debit cards, e-wallets and cryptocurrencies. However, there are some differences in the fees and processing times:
- Tickmill does not charge any fees for deposits or withdrawals. However, some payment providers may charge their own fees or commissions. Deposits are usually processed within one working day, while withdrawals are processed within one working day for e-wallets and cryptocurrencies and within two to seven working days for bank wire transfers and credit/debit cards.
- N1CM does not charge any fees for deposits or withdrawals either. However, some payment providers may charge their own fees or commissions as well. Deposits are usually processed instantly for e-wallets and cryptocurrencies and within one to three working days for bank wire transfers and credit/debit cards. Withdrawals are processed within the same day for e-wallets and cryptocurrencies and within one to three working days for bank wire transfers and credit/debit cards.
Tickmill vs N1CM Trading Platforms Comparison
Both brokers offer the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are the most popular and award-winning platforms in the industry. They allow traders to access various markets, execute orders, use indicators, scripts, algorithms and trading robots, and customize their interface. They are available for Windows, Mac, Linux, Android, iOS and WebTrader.
Tickmill vs N1CM Analytical Tools Comparison
Both brokers provide some analytical tools to help traders with their trading decisions, such as:
- Tickmill offers a Signal Centre Tool, which provides human and AI driven analysis with actionable trading ideas across multiple CFD asset classes, right on the MT4 or MT5 platform. It also offers an economic calendar, a forex calculator, a VPS service and a blog with market insights.
- N1CM partners up with Autochartist, which provides robust technical analysis tools, automated trading signals and chart patterns with beginner-friendly indicators, for free. It also offers an economic calendar, a forex calculator, a VPS service and a blog with market insights.
Tickmill vs N1CM. Which forex broker is better? Which forex broker should you choose?
Choosing a suitable broker depends on your personal preferences, trading goals, risk appetite and financial situation. However, you can consider and use some general tips on how to compare and rank forex brokers:
- Check their regulations and reputation. You should only trade with brokers that are licensed and regulated by reputable bodies, such as the FCA, FSA or VFSC. You should also check out their online reviews, ratings and feedback from other traders to see how they perform and treat their clients.
- Compare their trading conditions and fees. You should look at their spreads, commissions, leverage, margin requirements, swap rates, execution speed and slippage to see how competitive and transparent they are. You should also check the minimum deposit amount, account type, trading platform, deposit and withdrawal methods and fees, and customer support to see how convenient and accessible they are.
- Test their service with a demo account. It is recommended that you try out their trading platform, tools, tools and features with a free demo account before opening a real account. This will help you familiarize yourself with their look, functionality and performance and see if they suit your trading style and needs.
Finally, you can also test them out by opening a demo or real account with a small deposit and testing their service and performance.
