FBS vs Tickmill

FBS vs Tickmill Comparison Table 2024
FBS	Tickmill
Review 4.3	Review 3.3

FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has 17 million clients in over 190 countries, attracted by a diverse range of markets and the reputable MetaTrader platforms.	Tickmill is a global broker authorized by trusted regulators including the CySEC and the FCA. Over 660,000 traders have opened an account with the firm with more than 530 million trades executed. Advanced trading tools, educational content and low fees make this broker stand out from competitors.
Bonus Offer
	30% deposit bonus
Promotions
FBS: $140 Level Up Bonus FBS Makes Copytrading Risk-Free On Your First Three Trades
Comment by Reviewer
"FBS is a great choice for traders of all experience levels and budgets with various account types, plus MetaTrader 4 and MetaTrader 5 access. That said, the broker's Cent account and intensive forex course will be particularly beneficial for beginners."	"We recommend Tickmill for traders seeking low fees and popular financial markets on the MetaTrader platforms. The digital joining process will also appeal to investors that want to start trading quickly."
Pros
There’s a great choice of account types for short-term traders including crypto, cent and ECN options, with decent forex spreads at 0.7 pips FBS maintains its position as a trusted European broker with top-tier licenses, several awards and negative balance protection for clients The MetaTrader terminals deliver a comprehensive day trading environment at FBS, including up to 21 timeframes and 6 pending orders The commission-free payment methods and low minimum deposits make the broker ideal for beginners or those on a lower budget The broker’s NDD technology ensures fast order execution within 0.4 seconds and no requotes There’s a comprehensive learning section with tailored courses, webinars and trade ideas	Strong suite of trading tools; MT4, MT5, VPS, Autochartist, Acuity, and forex calculators Beginner-friendly educational content with user tutorials and analyst insights Three live accounts with five base currencies and competitive pricing Overseen by tier-one and tier-two regulators; FCA and CySEC Above-average selection of funding methods including PayPal 500+ markets including forex, stocks and commodities Hedging and scalping permitted
Cons
There’s no copy trading solution which would offer an alternative way to trade and is offered at many top competitors like Skilling Account availability, platform access and market coverage all vary by jurisdiction There's a limited range of assets overall, including only 35+ currency pairs	Services not available to clients from the US, Japan or Canada Limited regulatory oversight if you sign up with the offshore branch Telephone support available during office hours only
Awards
Best Customer Service Broker WBO 2022 Most Reliable Forex Broker MENA 2020 Best Social Trading Application MENA 2020 Best Mobile Trading Platform Asia 2020 Best FX Broker Europe 2019 Most Transparent Forex Broker 2018 Best Forex Broker Asia 2018 Best Safety of Client Funds Asia 2015	Best Commodities Broker 2020 - Rankia Markets Experience Expo Best Trading Experience 2020 - Forex Brokers Award Best Forex Execution Broker 2019 - CFI.co Awards Best CFD Broker Asia 2019 - International Business Magazine Best Forex CFD Provider 2019 - Online Personal Wealth Awards
Instruments
CFDs, forex, indices, shares, commodities, cryptocurrencies	Forex, CFDs, indices, commodities, bonds
Demo Account
Yes	Yes
Minimum Deposit
$5	$100
Trading Platforms
MT4 MT5	MT4 MT5 TradingView
Payment Methods
AstroPay Credit Card Maestro Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer	FasaPay GlobePay M-Pesa Neteller Paysafecard Perfect Money QIWI Rapid Transfer Skrill Sticpay Swift Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, CySEC, FSC, FSCA	FCA, CySEC, FSA, LFSA, SC
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	Yes
App Review
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
Android App Rating
4.9
iOS App Rating
4.6
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	No
Social Trading
No	Yes
Trade Signals
MT4 & MT5	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP PLN
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
Gasoline Gold Natural Gas Oil Silver	Gold Natural Gas
CFD Trading
You can go long or short on a decent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with over 50 indicators and charting tools, plus fast market execution from 0.3 seconds.	Speculate on the price movement of 500+ instruments including forex, stocks, commodities and crypto with a low minimum deposit of $100. You can go long or short with leverage in line with regulatory requirements.
Leverage
1:30 (EU & Restricted Countries), 1:3000 (Global)	1:500
FTSE Spread
From 0.0	0.9
GBPUSD Spread
From 0.6	0.3
Oil Spread
From 0.0	0.4
Stocks Spread
Variable	N/A
Forex Trading
FBS offers a below-average range of 35+ majors, minors and exotics. That said, spreads are fairly competitive, averaging 0.7 pips for EUR/USD in the Standard account. There’s also an excellent range of forex market resources and tools on offer, including calculators and an intensive forex course.	Trade 60+ major, minor and exotic currency pairs, including GBP/USD, EUR/GBP, and ZAR/USD, with spreads as low as 0 pips and ultra-fast execution speeds.
Forex App
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
GBPUSD Spread
From 0.6	0.3
EURUSD Spread
From 0.5	0.1
EURGBP Spread
From 2.1	0.4
Assets
36	62
Cryptocurrency
FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs, making the broker a great pick for traders looking to diversify their digital asset portfolios. Spreads are also decent, averaging around 20.0 for BTC/USD.	Crypto trading not offered
Spread
Floating	Variable
Coins
ADA ALG AVA BAT BCH BNB BTC DOG DOT DSH EOS ETC ETH FIL IOT LNK LTC MKR MTC NEO OMG SHB SOL TRX UNI VEC XLM XMR XRPZEC	BTC ETH LTC ADA XRP LINK SOL EOS
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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