Compare forex brokers Tickmill VS Plus500

If you're choosing between Tickmill and Plus500 forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Tickmill better than Plus500? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

TICKMILL VS PLUS500

Plus500
Plus500 Overview

Plus500 is an LSE listed online CFD brokerage firm that offers multiple trading instruments across commodities, currencies, cryptos, indices and shares on CFD’s, with multiple regulations and competitive charges.

Tickmill
Tickmill Overview

Tickmill is a brokerage business that was established in 2014, to offer traders the opportunity to trade FX and Contracts-for-Difference assets on an online platform.The Tickmill brand is owned and operated by three subsidiary companies known as Tickmill Ltd (Seychelles), Tickmill Europe Ltd (EU) and Tickmill UK Ltd (United Kingdom).

# Broker's Features TICKMILL Availability PLUS500 Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Tickmill vs Plus500.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Tickmill offers Online Financial Trading and Investment Services Such as Forex, Stock Indices, Commodities, CFDs, Precious, while Plus500 offers Shares, Indices, Forex, Cryptocurrencycurrency and Commodities.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Tickmill is ECN, STP, while Plus500 is Market Maker.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Tickmill recommended minimum capital is 100, while Plus500 has a Minimum Deposit Requirement of .

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Tickmill is regulated by FCA UK, CySEC, FSA Seychelles, while Plus500 regulated by FCA, CySEC, MAS, IE, ASIC, AFSL, FMA, FSP. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. Tickmill offers USD, EUR, GBP, PLN different account currencies for each account types, while Plus500 offers USD account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Tickmill offers English, Russian, Chinese, Indonesian, Spanish, It, while Plus500 offers English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian, Chinese Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Tickmill offers Bank Transfer, Credit/Debit Cards, Debit Card, Skrill, Ne different payment methods for each account types, while Plus500 offers Credit/Debit Cards, Bank Transfer, PayPal, Skrill payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Tickmill makes MT4, WebTrader available to clients, while Plus500 offers Proprietary, WebTrader.

The Verdict: Tickmill or Plus500?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Tickmill is more reliable based on our criteria above. Tickmill has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Only Tickmill Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Tickmill offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Tickmill offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. Tickmill broker offers lower minimum deposit requirement. As Tickmill offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

What We Don’t Like on Plus500

Plus500 has limited product portfolio, provides only CFDs. It has high financing rates. Some standard research tools, like recommendations, fundamental data, or news feeds are missing from the Plus 500 platform.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?