Tickmill vs LCG

Tickmill vs LCG Comparison Table 2024
Tickmill LCG
3.3
2.8

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.

London Capital Group was established in 1996 and is regulated by the FCA and CySEC. Today the firm is a popular CFD and spread betting provider, with $20+ trillion in executed trading volume, 24/5 customer support, and a number of industry awards.

Bonus Offer
30% deposit bonus
Comment by Reviewer
"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." "LCG will appeal to traders looking for wide market coverage with 7000+ instruments spanning 9 asset classes. The around-the-clock customer support will also appeal to new traders."
Pros
  • 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
  • Heavily regulated by the FCA in the UK and CySEC in the EU
  • Trading Central partnership with pattern recognition technology
  • In-house trading software plus access to MetaTrader 4
  • Excellent suite of instruments with 7000+ assets
  • Swap-free Islamic account available
  • Demo account provided
Cons
  • 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
  • Nearly twice as high commissions on MT4 ($10.00 per $100.000), compared to LCG Trader ($45.00 per $1.000.000)
  • Spreads are not the most competitive averaging 1.5 pips on the EUR/GBP
  • A high $10,000 minimum deposit is needed for the ECN account
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, commodities, bonds CFDs, Forex, Stocks, Futures
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Trading Platforms
  • MT4
  • MT5
  • TradingView
  • MT4
Payment Methods
Minimum Trade
0.01 Lots Lots vary by asset
Regulator
FCA, CySEC, FSA, LFSA, SC FCA
Margin Trading
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
No 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 No
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
Commodities
CFD Trading
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. Trade thousands of CFDs on reliable trading software. Leverage up to 1:30 is available in line with regulatory restrictions. Beginners can also utilize the firm's training videos.
Leverage
1:500 1:30
FTSE Spread
0.9 1 pt
GBPUSD Spread
0.3 0.5 pips
Oil Spread
0.4 3 pips (Variable)
Stocks Spread
N/A 0.3% Var
Forex Trading
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. LCG offers 60+ major, minor and exotic currency pairs on MT4 or LCG Trader. Leverage is available up to 1:30 with average spreads of 1.5 pips on key currency pairs.
GBPUSD Spread
0.3 0.5 pips
EURUSD Spread
0.1 0.3 pips
EURGBP Spread
0.4 0.4 pips
Assets
62 60+
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