Compare Tickmill vs Vantage Markets
What is Tickmill? What is Vantage Markets?
Tickmill is a forex and CFD broker that was founded in 2014 and is regulated by the UK Financial Conduct Authority (FCA) and the Seychelles Financial Services Authority (FSA). It offers access to over 80 trading instruments, including 60+ currency pairs, 15+ indices, 500+ stocks and ETFs, bonds, commodities and cryptocurrencies. It also provides various trading tools, such as signal centre, futures trading, economic calendar and market analysis.
Vantage Markets is a forex and CFD broker that was founded in 2009 and is regulated by the Australian Securities and Investments Commission (ASIC) and the Cayman Islands Monetary Authority (CIMA). It offers access to over 300 trading instruments, including 40+ currency pairs, indices, stocks, bonds, commodities and cryptocurrencies. It also provides various trading tools, such as Vantage FX App, Smart Trader Tools, Trading Central and market news.
Tickmill vs Vantage Markets Regulation Comparison
Both brokers are regulated by reputable authorities in their respective jurisdictions. Tickmill is authorised by the FCA in the UK and the FSA in Seychelles, while Vantage Markets is authorised by the ASIC in Australia and the CIMA in the Cayman Islands.
Both brokers also offer client fund protection through segregated accounts and compensation schemes. Tickmill clients are covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person in the UK and by the Investor Compensation Fund (ICF) up to €20,000 per person in Seychelles. Vantage Markets clients are covered by the National Guarantee Fund (NGF) up to AUD$250,000 per person in Australia and by the Cayman Islands Depositors Compensation Scheme (DCS) up to KYD$20,000 per person in the Cayman Islands.
Both brokers also comply with anti-money laundering (AML) and know your customer (KYC) policies and use secure encryption technologies to protect their clients’ data and transactions.
Tickmill vs Vantage Markets Trading Assets Comparison
Both brokers offer a wide range of trading instruments across various asset classes, such as forex, indices, stocks, bonds, commodities and cryptocurrencies. However, Tickmill has a larger number of instruments than Vantage Markets, especially in terms of currency pairs and stocks.
Tickmill offers over 80 instruments, including 60+ currency pairs, 15+ indices, 500+ stocks and ETFs, bonds, commodities and cryptocurrencies. Vantage Markets offers over 300 instruments, including 40+ currency pairs, indices, stocks, bonds, commodities and cryptocurrencies.
Both brokers also offer some exotic instruments that may not be available with other brokers. For example, Tickmill offers futures trading on CME Group products, while Vantage Markets offers CFDs on US dollar index (USDX), Chinese yuan index (CNH), Bitcoin cash (BCH) and Bitcoin gold (BTG).
Tickmill vs Vantage Markets Trading Fees Comparison
Both brokers charge competitive fees for their trading services. However, their fee structures may vary depending on the account type, instrument type and trading volume.
Tickmill offers three account types: Classic, Pro and VIP. The Classic account has no commission but higher spreads from 1.6 pips. The Pro account has low commission of $2 per lot per side but tight spreads from 0 pips. The VIP account has even lower commission of $1 per lot per side but also tight spreads from 0 pips. The minimum deposit for all accounts is $100.
Vantage Markets offers two account types: Standard STP and RAW ECN. The Standard STP account has no commission but higher spreads from 1.4 pips. The RAW ECN account has low commission of $3 per lot per side but tight spreads from 0 pips. The minimum deposit for both accounts is $200.
Both brokers also charge swap fees for holding positions overnight based on the interest rate differential between the currencies involved. However, they also offer swap-free accounts for Islamic traders who follow Sharia law.
Both brokers do not charge any deposit or withdrawal fees for most payment methods. However, they may charge some fees for certain methods or currencies depending on their payment providers.
Tickmill vs Vantage Markets Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. However, they also have some common features that apply to all accounts, such as leverage, execution, order types and trading platforms.
Both brokers offer leverage up to 500:1 for forex and CFD trading, which means that traders can control larger positions with smaller capital. However, leverage also increases the risk of losses, so traders should use it with caution and apply risk management tools, such as stop losses and margin calls.
Both brokers offer fast and reliable execution of orders with minimal slippage and requotes. They also offer various order types, such as market, limit, stop, trailing stop and pending orders, to help traders enter and exit the market at their desired prices and conditions.
Both brokers use MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as their main trading platforms. These are popular and powerful platforms that offer advanced charting, analysis, indicators, expert advisors, automated trading and more. They are also compatible with various devices, such as Windows, Mac, Android, iOS and WebTrader.
Tickmill vs Vantage Markets Deposit Options Comparison
Both brokers offer a range of deposit and withdrawal options for their clients to fund and withdraw their money from their trading accounts. However, the availability and processing time of these options may vary depending on the country, currency and payment provider.
Tickmill accepts deposits and withdrawals via bank wire transfer, credit/debit card (Visa, Mastercard), e-wallets (Skrill, Neteller, FasaPay) and local bank transfer (in some countries). The minimum deposit amount is $100 for all methods except bank wire transfer which has no minimum. The processing time is instant for most methods except bank wire transfer which may take 3-5 business days.
Vantage Markets accepts deposits and withdrawals via bank wire transfer, credit/debit card (Visa, Mastercard), e-wallets (Skrill, Neteller) and local bank transfer (in some countries). The minimum deposit amount is $200 for all methods except bank wire transfer which has no minimum. The processing time is instant for most methods except bank wire transfer which may take 2-5 business days.
Tickmill vs Vantage Markets Trading Platforms Comparison
| Broker | Trading Platforms | Features |
|---|---|---|
| Tickmill | MetaTrader 4 and MetaTrader 5 | – Available on Windows, MacOS, Android, iOS and WebTrader – Advanced charting and analysis tools – 50+ indicators and customisable charts – Built-in economic calendar – Trading signals and notifications – EA trading facilities with VPS services |
| Vantage Markets | MetaTrader 4 and MetaTrader 5, ProTrader (powered by TradingView), WebTrader | – Available on Windows, MacOS, Android, iOS and WebTrader – Advanced charting and analysis tools – 100+ indicators and 50+ technical drawing tools – 12 different chart types and 9 timeframes – Built-in market news headlines – STP and ECN execution – Social trading platforms: ZuluTrade, MyFXBook, DupliTrade |
Tickmill vs Vantage Markets Analytical Tools Comparison
| Broker | Analytical Tools | Features |
|---|---|---|
| Tickmill | Autochartist | – Available for free for live account holders – Identifies support and resistance levels with chart and Fibonacci patterns – Assesses risk and optimises stop loss and take profit levels with volatility analysis – Provides trade alerts, forecast ranges, performance statistics and market reports – Launches from MT4/5 or web app |
| Vantage Markets | ProTrader Tools+ | – Available for free for live account holders with a minimum of $1,000 balance – Provides AI-powered automated technical research combined with human-led analysis – Offers trading signals, market news, volatility analysis, correlating alerts and trade of the day – Collaborates with Autochartist and Signal Centre – Accessible via MT4/5 plugins, web portal, Telegram and newsletters |
Tickmill vs Vantage Markets. Which forex broker is better? Which forex broker should you choose?
Different brokers may suit different traders depending on their preferences, goals, strategies and risk appetite. However, here are some possible advantages and disadvantages of each broker:
Tickmill:
- Pros: Low spreads, no commissions on some accounts, managed by FCA UK and Seychelles FSA, offers a wide range of stocks and ETFs, offers Autochartist as a technical analysis tool strong.
- Cons: No cryptocurrencies, limited commodity and bond offering, no social trading platform, doesn’t accept US clients.
Vantage Markets:
- Pros: Low spreads, low commissions on some accounts, high leverage, STP and ECN execution, regulated by Australian ASIC and Cayman Islands CIMA, offers crypto and bonds, offers offers ProTrader Tools+ as a comprehensive analysis and signals service, offering social trading platforms such as ZuluTrade, MyFXBook and DupliTrade.
- Cons: Fewer forex pairs than Tickmill, doesn’t accept US clients.
Finally, you can do your research and due diligence before choosing a forex broker. You should also consider factors such as your trading style, level of experience, capital size, risk tolerance and personal preference. You may also want to test the broker’s platform and services with a demo account before opening a real account.
