Tickmill vs Saxo Bank

Tickmill vs Saxo Bank Comparison Table 2023
Tickmill Saxo Bank
Not Yet Rated
4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Tickmill is FCA & CySEC regulated and offers trading in CFDs, FX and commodities.

Saxo 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.

66% of retail accounts lose money.
Bonus Offer
30% deposit bonus
Comment by Reviewer
"Saxo is best for active traders and advanced 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
  • Powerful proprietary trading platforms with comprehensive charting packages and advanced analysis tools
  • High-level research hub with curated market reports, 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
  • Highly accessible and flexible ISA account with no entry or exit fees
  • Heavily regulated and trustworthy brand based in Switzerland
  • Low fees with premium account tiers
Cons
  • High deposit requirements for 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
Payment Methods
Minimum Trade
0.01 lots Vary by asset
Regulator
FCA, CySEC, FSA, LFSA, SC DFSA, MAS, FCA, SFC
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
No No
eSignal
No No
Trading Central
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
Commodities
CFD Trading
Trade on 80+ CFD instruments across FX, stock indices, & commodities. 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 on majors, minors and exotics with up to 1:500 leverage. Get 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
Coins
  • 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
66% of retail accounts lose money.
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