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Tickmill vs XM: Comparison and Analysis | InvestinGoal

Trying to figure out whether to use Tickmill or XM? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of Tickmill and XM side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
73% of retail investor accounts lose money
Tickmill review
Open Account
77,37% of retail investor accounts lose money
XM review

Overall Ratings


Rated
81
Rated
79

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • Tickmill
  • XM

Security 94
Security 94

Cost 85
Cost 74

Trading 68
Trading 66

Education 75
Education 81

Company Info


Foundation
2015
2009
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, de, es, po, pol, ru, thai, ko, ind, mal, chi
en, ar, chi(t/s), cz, de, es, fr, gre, hu, po, pol, ru, thai, ko, ind, viet, mal, it, tag

Leverage


Non-EU Leverage ?
500:1
1000:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
0
0
Canadian Leverage ?
0
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
81762
5355
SimilarWeb - Total Visits
840300
12990000
Facebook Likes
136911
974312
Twitter Likes
8548
30300
Instagram Likes
2122

Deposit and Withdrawal


Minimum Deposit ?
100 USD
5 USD
Minimum Withdraw ?
5
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
PaySafe, Sofort, Dotpay
Deposit Waiting Time ?
instant
instant
Withdraw Waiting Time ?
1 business day
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
EUR, GBP, USD
AUD, EUR, GBP, USD, ZAR, CHF, HUF, PLN, RUB, SGD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.04
0.05
Natural Gas ?
0.035
Silver ?
0.09
0.3
Platinum ?
3
Copper ?
Soybeans ?
0.0275
Corn ?
0.0185
Gold ?
0.021
0.3

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.2
0.1
USD/JPY Average Spread
0.2
0.1
USD/CHF Average Spread
0.7
0.4
GBP/USD Average Spread
0.7
0.3
USD/CAD Average Spread
0.2
0.5
AUD/USD Average Spread
0.1
0.4
NZD/USD Average Spread
0.3
1.0
EUR/GBP Average Spread
0.4
0.3

Fees on Stocks


Apple
0.26
Facebook
0.15
Alphabet
2.77
Snapchat
0.06
BP
0.08
Tesco
0.0041
Barclays
0.0039
Lloyds
0.0012

Fees on Indices


FTSE100
0.9
1.5
S&P500
0.39
0.7
Dow Jones
2.52
1
Nasdaq
1.93
2
CAC40
1
1.8
DAX30
0.91
2.0
Nikkei 225
6.04
12.0
Euro Stoxx 50
1.5
2.6

Fees on Cryptocurrencies


Bitcoin
0
0
Ethereum
0
0
Ripple
0
0
Litecoin
0
0
Bitcoin Cash
0
0
Dash
0
0
Monero
0
0
Neo
0
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en
en, ar, de, es, fr, hu, po, pol, ru, swe, tur, thai, ko, ind, mal, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
62
57
Crypto ?
62
Commodities ?
4
15
Stocks ?
160
Indices ?
14
30
ETF ?
Futures ?
Options ?
Bonds ?
3
Metal ?
2
4
Agricultural ?
8
Energies ?
2
5
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Agricultural, Blends, Bonds

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.001 lots
0.01 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, de, es, po, pol, ru, tur, thai, ko, ind, viet, mal, it, chi
en, ar, chi(t/s), cz, de, es, fr, gre, hu, po, pol, ru, thai, ko, ind, viet, mal, it, tag

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

Tickmill vs XM: A Comparison Summary

When it comes to choosing a broker for trading, there are many factors to consider, including security, account opening requirements, markets offered, trading fees, platforms, education, and customer care. In this comparison summary, we will compare Tickmill and XM based on these criteria.

Security

XM and Tickmill both have high security ratings and are regulated by several reputable authorities. XM is regulated by CySEC, ASIC, DFSA, and FSC, while Tickmill is regulated by FCA, CySEC, FSCA, FSA, and Labuan FSA. Both brokers score a 94 in security rating.

Demo Account

XM and Tickmill both offer unlimited demo accounts. XM demo account virtual funds are set at $100,000, while Tickmill’s demo account allows traders to customise the virtual funds. Both brokers allow customers to restore their demo account funds by contacting customer support.

Account Opening

XM has a lower minimum deposit requirement than Tickmill, at $5 compared to Tickmill’s $100. XM also offers more base currencies, while Tickmill offers local payment methods. XM offers a wider variety of account types than Tickmill, including Standard, Micro, Zero, Ultra Low, Shares, and Islamic accounts, while Tickmill offers Classic, Pro, VIP, Futures, MAM, Islamic, and Professional accounts for experienced traders.

Social-Copy Trading

XM does not offer social-copy trading, while Tickmill offers social-copy trading through the Pelican Trading mobile platform on the MT4 platform.

Markets

XM offers a broader range of markets than Tickmill, with 57 forex pairs, 15 commodities, 30 indices, and 150+ stocks, while Tickmill offers 70+ forex pairs, 4 commodities, and 15 indices.

Trading Fees

XM and Tickmill both offer variable spreads, but XM has lower spreads on forex from 0 pips (lower than the market average), depending on the account type chosen. However, Tickmill offers lower commission fees of $4 per lot for the Pro account and $2 for the VIP account, while XM’s commission fees go up to $7 per lot traded.

Platforms

Both brokers offer the popular MetaTrader 4 and MetaTrader 5 platforms, available on desktop, webtrader, and mobile devices. XM also offers VPS services, while Tickmill has a more extensive range of account types.

Education/Customer Care

XM offers a more extensive range of educational material, including webinars in 19 languages, trading lessons, and platform lessons. Tickmill provides clients access to webinars, video tutorials, educational articles, and market analysis. Both brokers have easy-to-contact customer care via email, phone, and live chat, but XM offers more languages with over 21 languages available, while Tickmill has 14 languages available.

Conclusion

In summary, both XM and Tickmill offer high-security standards, unlimited demo accounts, and a wide range of platforms, making them good options for short-term trading. However, XM offers more markets and educational materials, with lower spreads on forex but higher commission fees, while Tickmill has more account types, with lower commission fees for the Pro and VIP accounts, but higher spreads. Ultimately, the choice between XM and Tickmill will depend on your individual trading needs and preferences.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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