Tickmill vs Saxo Bank

Tickmill vs Saxo Bank Comparison Table 2024
Tickmill	Saxo Bank
Review 3.3	Review 4

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.	Saxo Markets is a multi-award-winning trading brokerage, investment firm and regulated bank. With a huge 72,000+ trading instruments, plus investment products and managed portfolios, clients have no shortage of opportunities. The trusted brand also offers transparent pricing and top-tier regulatory protection from 10+ agencies including FINMA, FCA & ASIC.
Customer Reviews
	4 Based on 1 Saxo Bank customer reviews
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."	"Saxo is best for active traders and high-volume investors with an unrivalled selection of instruments alongside premium market research and fee rebates. The 190 currency pairs with tight spreads also make Saxo great for forex 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	Powerful proprietary trading platforms with comprehensive charting packages and advanced analysis tools High-level research hub with curated market research, plus unique insights with 'Outrageous Predictions' Excellent educational resources including podcasts, webinars and expert-led video insights Access to comprehensive third-party analysis tools including TradingView and Updata The ISA account is highly accessible and flexible with no entry or exit fees Heavily regulated and trustworthy brand based in Switzerland Low fees with premium account tiers
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	High funding requirements for the trading accounts Access to Level 2 pricing requires a subscription Clients from some jurisdictions not accepted including the US and Belgium
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	Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$100
Trading Platforms
MT4 MT5 TradingView	TradingView
Payment Methods
FasaPay GlobePay M-Pesa Neteller Paysafecard Perfect Money QIWI Rapid Transfer Skrill Sticpay Swift Visa WebMoney Wire Transfer	Credit Card Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	Vary by asset
Regulator
FCA, CySEC, FSA, LFSA, SC	DFSA, MAS, FCA, SFC
Margin Trading
No	No
STP Account
No	No
ECN Account
Yes	Yes
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	Yes
Mobile Apps
Yes	SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes
Copy Trading
No	No
Social Trading
Yes	No
Trade Signals
Yes	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	Yes
Account Currencies
USD EUR GBP PLN	USD EUR GBP CAD AUD JPY SEK DKK CHF
Stock Exchanges
	London Stock Exchange New York Stock Exchange S&P 500 Shenzhen Stock Exchange Toronto Stock Exchange
Commodities
Gold Natural Gas	Copper Corn Gold Natural Gas Oil Silver
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 8,900+ CFDs spanning forex, stocks, indices, commodities, options and bonds with powerful tools and signals.
Leverage
1:500	1:30
FTSE Spread
0.9	1.2 pts (Variable)
GBPUSD Spread
0.3	0.7 (var)
Oil Spread
0.4	0.03
Stocks Spread
N/A	0.10% (subject to min commission)
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.	Tier 1 liquidity on an impressive range of 189 currency pairs and spot metals, plus 130 forwards, from 0.4 pips.
GBPUSD Spread
0.3	0.7 (varies by region)
EURUSD Spread
0.1	0.2 (varies by region)
EURGBP Spread
0.4	0.6 (varies by region)
Assets
62	40+
Cryptocurrency
Crypto trading not offered	Trade cryptos against major fiat currencies or take a longer-term view with ETNs.
Spread
Variable	Variable
Coins
BTC ETH LTC ADA XRP LINK SOL EOS	BTC ETH LTC XRP XTZ SOL ADA DOT
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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