Swissquote vs Tickmill

Swissquote vs Tickmill Comparison Table 2024
Swissquote Tickmill
4
3.3

Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.

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
Comment by Reviewer
"We recommend Swissquote for experienced traders due to the $1000 minimum deposit and advanced trading tools. Swissquote is also a good option for investors looking for a sophisticated robo-advisory service." "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
  • Huge range of products including CFDs, futures and options
  • Scalping, day trading and swing trading strategies supported
  • Swiss-listed and regulated with a strong track record
  • Ebanking and cryptocurrency Bitcoin exchange services
  • Multi-currency account with 22 currencies
  • MetaTrader 4 and MetaTrader 5 integration
  • Autochartist and Trading Central tools
  • Free demo account
  • FCA-regulated
  • APIs
  • 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
  • High minimum deposit of $1000
  • Complex suite of services and tools
  • Higher than average fees on some products
  • 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 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
Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent) Forex, CFDs, indices, commodities, bonds
Demo Account
Yes Yes
Minimum Deposit
$1000 $100
Trading Platforms
  • MT4
  • MT5
  • AutoChartist
  • TradingCentral
  • MT4
  • MT5
  • TradingView
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, FINMA, DFSA, SFC FCA, CySEC, FSA, LFSA, SC
Margin Trading
Yes No
STP Account
No No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
Yes No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Yes Yes
Copy Trading
No No
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No 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
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • CHF
  • AED
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
Swissquote offers spot, forward and synthetic contracts on a breadth of markets, including stocks, indices, bonds and commodities. The pricing model is transparent with no hidden fees. Clients can diversify portfolios and hedge risk with low margin requirements. 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 1:500
FTSE Spread
0.9 0.9
GBPUSD Spread
1.3 0.3
Oil Spread
0.02 0.4
Stocks Spread
N/A N/A
Forex Trading
Swissquote offers trading on a huge range of forex assets, covering 80+ currency pairs. Spreads start from 1.3 pips with the Premium account and there are zero commissions. Micro, mini and standard lot sizes are available plus options contracts on major currencies. 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.
GBPUSD Spread
1.3 0.3
EURUSD Spread
1.3 0.1
EURGBP Spread
1.5 0.4
Assets
80+ 62
Cryptocurrency
Swissquote offers online trading on a decent selection of 35+ cryptos 24/7. The digital asset class provides high volatility within a regulated trading environment at Swissquote. A digital wallet is also available to securely store tokens. Crypto trading not offered
Spread
Variable Variable
Coins
  • BTC
  • LTC
  • BTC
  • ETC
  • XLM
  • REP
  • ADA
  • AAVE
  • ALGO
  • MKR
  • DOT
  • MATIC
  • SAND
  • APE
  • ETH
  • XRP
  • LINK
  • EOS
  • XTZ
  • FILE
  • DOGE
  • ADA
  • AVA
  • BTC
  • ETH
  • LTC
  • ADA
  • XRP
  • LINK
  • SOL
  • EOS
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
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