Compare Tickmill vs Trading212
What is Tickmill? What is Trading212?
Tickmill is an online broker that offers trading in CFDs, forex and commodities. It is regulated by the FCA, CySEC, FSA, LFSA and SC. It has been operating since 2014 and has won several awards for its trading services.
Trading212 is an online broker that offers trading in CFDs, forex, indices, shares, commodities and ETFs. It is regulated by the FCA, CySEC and FSC. It has been operating since 2004 and claims to have the 1 trading app in the UK.
Tickmill vs Trading212 Regulation Comparison
Both brokers are authorised by the FCA in the UK, which means they have to comply with strict rules on client protection, segregation of funds, financial reporting and anti-money laundering. They are also authorised by CySEC in Cyprus, which gives them access to the European Economic Area (EEA) markets.
However, Tickmill has more global licenses than Trading212. Tickmill is also authorised by the FSA in Seychelles, the LFSA in Labuan and the SC in Malaysia. These licenses allow Tickmill to offer higher leverage and lower fees to clients outside the EEA.
| Broker | UK (FCA) | Cyprus (CySEC) | Seychelles (FSA) | Labuan (LFSA) | Malaysia (SC) |
|---|---|---|---|---|---|
| Tickmill | Yes | Yes | Yes | Yes | Yes |
| Trading212 | Yes | Yes | No | No | No |
Tickmill vs Trading212 Trading Assets Comparison
Trading212 offers more trading assets than Tickmill. Trading212 has over 1700 CFDs on forex, stocks, indices, commodities and ETFs, while Tickmill has over 700 CFDs on forex, indices and commodities.
Trading212 also offers non-CFD trading on stocks and ETFs, which means you can buy and sell the underlying assets without leverage or commissions. This is suitable for long-term investing or diversifying your portfolio.
Tickmill does not offer non-CFD trading on any assets.
| Broker | Forex CFDs | Stock CFDs | Index CFDs | Commodity CFDs | ETF CFDs | Non-CFD Stocks | Non-CFD ETFs |
|---|---|---|---|---|---|---|---|
| Tickmill | 63 | N/A | 15 | 4 | N/A | No | No |
| Trading212 | 184 | 1500+ | 40+ | 20+ | 40+ | Yes | Yes |
Tickmill vs Trading212 Trading Fees Comparison
Tickmill offers three account types: Classic, Pro and VIP. The Classic account has no commissions but higher spreads. The Pro and VIP accounts have lower spreads but charge commissions of $4 and $2 per lot respectively. The minimum deposit for the Classic and Pro accounts is $100, while the VIP account requires $50,000.
Trading212 offers two account types: Invest and CFD. The Invest account has no commissions or fees for trading stocks and ETFs (non-CFD). The CFD account has no commissions but variable spreads for trading CFDs on all asset classes. The minimum deposit for both accounts is $1.
Tickmill vs Trading212 Account Types Comparison
Tickmill offers three account types: Classic, Pro and VIP. The Classic account is suitable for beginners who want to trade with no commissions and fixed spreads. The Pro and VIP accounts are suitable for experienced traders who want to trade with lower spreads and commissions. The VIP account also offers priority customer service and other benefits.
Trading212 offers two account types: Invest and CFD. The Invest account is suitable for investors who want to buy and sell stocks and ETFs without leverage or commissions. The CFD account is suitable for traders who want to trade CFDs on various asset classes with leverage and variable spreads.
Both brokers also offer Islamic accounts that comply with Sharia law and do not charge or pay interest on overnight positions.
Tickmill vs Trading212 Deposit Options Comparison
Tickmill accepts deposits and withdrawals via bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, STICPAY, Paysafecard, Rapid Transfer, Perfect Money, GlobePay and WebMoney. The minimum deposit and withdrawal amount is $100 for most methods, except for bank wire transfer which has no minimum. Tickmill does not charge any fees for deposits or withdrawals, but the payment providers may charge their own fees.
Trading212 accepts deposits and withdrawals via bank wire transfer, credit/debit cards, PayPal, Skrill, Google Pay, Apple Pay, Sofort and Mastercard. The minimum deposit and withdrawal amount is $1 for most methods, except for bank wire transfer which has a minimum of $10. Trading212 does not charge any fees for deposits or withdrawals, but the payment providers may charge their own fees.
Tickmill vs Trading212 Trading Platforms Comparison
Tickmill offers MetaTrader 4 (MT4) as its main trading platform. MT4 is a popular and widely used platform that supports multiple chart types, indicators, expert advisors, automated trading, customisation and more. Tickmill also offers a web-based version of MT4 that can be accessed from any browser without downloading or installing anything.
Trading212 offers its own proprietary trading platform that is available as a web-based version or a mobile app for iOS and Android devices. The platform is user-friendly and intuitive, with a simple interface that allows easy access to various markets, tools, charts, indicators, news and more. The platform also supports social trading and copy trading features that allow users to follow and copy other traders’ strategies.
Tickmill vs Trading212 Analytical Tools Comparison
Tickmill provides a range of tools such as an economic calendar, market news, market analysis, webinars, seminars, ebooks, videos and more. Tickmill also offers a free VPS service for clients who maintain a minimum balance of $5,000 and trade at least 5 lots per month.
Trading212 provides some tools such as an economic calendar, market news, market analysis, videos and more. Trading212 also offers a portfolio copy trading service that allows users to invest in pre-made portfolios based on different themes, risk levels and strategies.
Tickmill vs Trading212. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, goals and risk appetite. Both brokers have their pros and cons, and you should compare them carefully before making a decision. You can also do your research and consult a professional financial advisor if you need further guidance.
