Spread Comparison: Exness Vs Tickmill

AS the trader of Tickmill, I can said they offers several features that can make it attractive to me, even though its spreads may be higher than some other brokers. Here are some examples:

• Low commissions: Tickmill charges low commissions on trades, which can help offset the higher spreads. This can make it a cost-effective choice for active traders. As the example, you can see at the article, it offer only $1 per lot.

• Wide range of account types: Tickmill offers a range of account types, including a Pro Account, a VIP Account, and an Islamic Account. This allows traders to choose an account that best suits their needs and trading style. It is including ECN featured.

• Trading tools and resources: Tickmill offers a range of trading tools and resources, including a trading platform with advanced charting features, market analysis and news, and educational resources such as webinars and tutorials. And the example is Acuity Trading feature that no brokers offer than tickmill itself. You can read the details here : Acuity Trading Tickmill

• Customer service: Tickmill provides customer support in multiple languages, which can be helpful for traders who speak languages other than English. They also offer 24/5 customer support through phone, email, and live chat.

Hope it can clear your question. Thank you!

I believe that choosing a broker is a matter of personal preference. For me, I prefer Exness because they offer a standard cent account in addition to having low spreads. Spreads are important because floating spreads can widen and affect our trades. It's better to find a broker with spreads that start from zero, and Exness offers that.

Another important factor for me is the account type. Not many brokers offer cent accounts because of the high fees, but I find them very helpful for real live trading without risking a lot of money. With a cent account, you can trade with smaller amounts because it uses cent as its currency. This is very beneficial because if you lose some money, it will only be in cents. Overall, I find the cent account to be a very helpful feature.

Inactivity fees are fees charged by some brokers when your account has been inactive for a certain period of time. This means if you haven't placed any trades or activity in your account for a specified amount of time, usually around 6-12 months, the broker may charge you an inactivity fee.

Inactivity fees can affect your trading because they can eat into your profits or add to your losses if you are not aware of them. They can also be frustrating if you have a small account and the inactivity fee is a large percentage of your balance.

The way inactivity fees are charged varies between brokers. Some may charge a flat fee, while others charge a percentage of your account balance. Some may waive the fee if you have a certain level of trading activity, so it's important to check with your broker to see what their policy is. And thanks to Exness and Tickmill, they don't have inactivity fees.

The purpose of inactivity fees is to incentivize traders to stay active in their account and to cover the cost of maintaining dormant accounts.

@Josh: As you know, lower spreads on platforms like Tickmill are awesome for traders because they mean you can save some cash and boost your profits when you're making trades. Here's the deal: spreads are the difference between what you pay when you buy (ask price) and what you get when you sell (bid price) in trading. When spreads are smaller, you pay less on each trade, which is a win for your wallet. This not only makes your trading cheaper but also gives you an edge in the competitive world of trading because brokers with tight spreads attract traders who want better prices.

Whether you're a quick scalper making fast trades or a swing trader holding onto positions longer, lower spreads work in your favor. Scalpers can benefit from the reduced cost of jumping in and out of trades, making it more profitable. Plus, with tighter spreads, you can better manage your risk using stop-loss and take-profit orders without worrying too much about price slippage. Swing traders can also enjoy lower costs over time, which can fatten up their profits. So, you see, lower spreads are like a money-saving hack for traders, helping you keep more of your earnings. Just remember that trading has other costs like commissions and overnight fees, and it's not all about spread

Let me get the simple explanation here because many traders like you ask about the US trader's problem. The reason why many foreign brokers do not accept US traders is due to the strict regulations in the US. The US has some of the most stringent regulations for financial markets, including the Forex market. These regulations are meant to protect traders and ensure fair trading practices.

However, complying with these regulations can be quite costly for brokers, especially those based outside the US. As a result, many foreign brokers choose not to accept US traders to avoid the high costs of regulatory compliance. Hope it can clear your question about the brokers that always dont accept US traders

Hey, I believe this article only compares the standard accounts offered by both brokers. However, after clicking the review button on Exness' website, I found that they offer Raw Spread and Zero accounts that can also offer 0.0 spreads, but require a deposit of around $200. On the other hand, Tickmill's classic or standard account, as per the review, is ECN-based, hence the spread is also 0.0.

I recommend checking the broker reviews on this site, as they provide information on the various account types offered by brokers that may not be explained in the article. Since each trader has different preferences, I prefer Exness as it offers a wider range of accounts, from cent accounts to Zero accounts that can suit our needs. Meanwhile, Tickmill only offers three account types, and only the classic account allows scalping and EA trading. The other two accounts don't allow scalping and have higher deposit requirements. Based on that I will choose Exness instead Tickmill.

Let me help you answer your doubt! Brokers may seek regulation from multiple regulatory bodies for various reasons. One reason could be to broaden their market reach and offer their services to clients from different jurisdictions. By being regulated in multiple countries, brokers can comply with the regulatory requirements of those countries and offer their services to clients in those regions. Another reason could be to enhance their credibility and reputation by being regulated by reputable regulatory bodies. Being regulated by a strict regulatory body like the FCA UK can demonstrate a broker's commitment to maintaining high standards of business conduct and client protection.

Not all offshore brokers not safe! Offshore brokers can be safe if they are regulated by a strong and reputable regulatory body that imposes strict rules and standards on the brokers. While the regulatory requirements and standards may vary across different offshore jurisdictions, some regulatory bodies have established a solid reputation for their effectiveness in protecting clients' interests and maintaining the integrity of the financial markets.

For the example, there are other offshore regulatory bodies that have established a reputation for strong oversight and high client protection standards include the Financial Services Commission in Mauritius, the Financial Services Authority in Seychelles, and the Financial Services Authority in the British Virgin Islands. So, you can say both of the brokers considered safe to trade with and they just want to reach more customer with the regulates with many body regulator!

Regarding your question about the safety of a 1:2000 leverage ratio, it's important to note that higher leverage ratios come with greater risk. While they may offer the potential for higher profits, they also increase the potential for higher losses. Therefore, it's crucial to use leverage responsibly and ensure that you have a solid understanding of the risks involved.

And the next question about choosing the leverage. Yes, Exness offers various account types with different leverage ratios, so you can choose an account type that suits your trading needs and offers a leverage ratio that you're comfortable with. However, keep in mind that the maximum leverage ratio offered by Exness may depend on the financial instrument being traded and other factors, so be sure to check the trading conditions carefully before making a decision.

@Mudric: Scammers in the broker industry often exhibit certain traits that can serve as red flags. Look out for the following:

• Lack of regulation: Scammers operate without proper licenses from reputable financial authorities.
• Unrealistic promises: Be cautious of brokers making guarantees of high profits or unrealistic returns.
• Pressure tactics: Scammers may use aggressive sales tactics to push you into quick decisions.
• Poor transparency: Check for incomplete information about the company or limited contact details.
• Withdrawal issues: Scammers may create obstacles ors when you try to withdraw your funds.

Regarding Exness being regulated in multiple regions, it provides several benefits. Multiple regulators enhance accountability, offer investor protection, maintain higher standards, and provide recourse in disputes. Having multiple regulators increases the credibility and security of the broker.

However, always conduct your own due diligence and remain cautious, even with regulated brokers. Stay informed and vigilant to ensure a safe trading experience. Happy trading!

@Helmi: Let me explain to you. As you know, the ECN's ability to track quotes from market makers indeed enhances liquidity. By aggregating quotes from multiple sources, it creates a deeper pool of liquidity, which can lead to more efficient order execution. As a result, traders can take advantage of the 0.0 pip spread under specific market conditions where there's high liquidity and tight spreads, enhancing their overall trading experience.

While ECNs are generally favored for their transparency and competitive pricing, there may be scenarios where a market maker approach offers unique advantages. For instance, market makers can provide consistent spreads even during times of high volatility, which can be advantageous for traders seeking stability. It ultimately comes down to a trader's preferences and risk tolerance in choosing between a market maker and an ECN when trading with Tickmill. So, it is up to you to choose between those pricing model.

Hey there! So, as far as I know, Exness offers floating spreads, which means the spread rates can vary based on market conditions. This flexibility might mean that you won't always see those exact 0.3 pips figures mentioned in the article. (read : Fixed Spread Vs Floating Spread, What are the Differences?)

Now, when it comes to trading, having a good grasp of how your broker operates is key. Understanding the ins and outs, especially when it comes to spread rates, can make a big difference in your trading experience. With Exness, knowing that their spreads float means you can expect some fluctuation in those rates.

But hey, that's not necessarily a bad thing! It just means you need to be adaptable and stay on top of market movements. With the right knowledge and awareness of the floating nature of spreads, you can adjust your trading strategy accordingly and make the most out of your trades. So, while you might not always hit that 0.3 pips mark exactly, being informed about how things work can help you navigate the trading world with confidence.