Compare Swissquote Vs Tickmill: Which is the Better Forex Broker in 2024?
Swissquote Vs Tickmill, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Swissquote Vs Tickmill, here is the direct comparison:
Feature | Swissquote | Tickmill |
General Rating |
2.09/5 |
2.75/5 |
|
Score | 60 | 71 | |
Trustpilot |
3.7/5 150 users |
4.1/5 285 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 1996 | 2014 | |
💲 Min Deposit | $1000 | $100 | |
⚖ Max Leverage | 1:100 | 1:500 | |
🔢 Spread | Fixed | Variable | |
💸 Commissions | $1 | ||
💡 Min Position | 0.1 lot | 0.01 lot |
💳 Payment | Wire transfer and Credit/debit cards | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, QIWI, FasaPay, Crypto, Ethereum and Bank transfer | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | Arabic, German, English, Spanish, French, Russian, Chinese | Arabic, English, Spanish, Indonesian, Korean, Malay, Polish, Portuguese, Russian, Thai, Vietnamese, Chinese |
🚪 Trade Now | Open Swissquote | Open Tickmill |
Testimonials
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Swissquote: Live chat support - terrible. The guy there doesn't know...
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Swissquote: They (or their payment vendors) charge high fees, like 2%...
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Swissquote: Stay away from this low quality market maker. Account opening...
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Swissquote: When I tried to open an account, I had to...
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Swissquote: Before I had even finished opening my account I had...
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Swissquote: Live chat support - terrible. The guy there doesn't know...
-
Swissquote: They (or their payment vendors) charge high fees, like 2%...
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Swissquote: Stay away from this low quality market maker. Account opening...
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Swissquote: When I tried to open an account, I had to...
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Swissquote: Before I had even finished opening my account I had...
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Tickmill: An honest broker for sure
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Tickmill: Why does my withdrawal failed?
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Tickmill: Dissapointed
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Tickmill: Smooth process all around
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Tickmill: your go to broker for beginner
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Swissquote: Live chat support - terrible. The guy there doesn't know...
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See More Swissquote Testimonials
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See More Tickmill Testimonials
News
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Tickmill Forex Broker Partners with Capitalise.ai for Advanced Tools
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Swissquote's New Website Offers a Visual and Functional Upgrade
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Tickmill Retains Best Commissions & Fees Award at ForexBrokers.com
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Swissquote Launches Lending Program, Providing Passive Income for Clients
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Tickmill UK Faces 50% Profit Slump in 2022
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Tickmill Partners with Lloyd's to Offer Client Funds Insurance up to $1 Million
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Tickmill Welcomes Cricket Coach Jonty Rhodes as Brand Ambassador
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Swissquote Appoints New COO Following the Retirement of Lino Finini
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Swissquote Advancing into Digital Banking Business
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Tickmill Unveils Social Trading Platform
Articles
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Comparing Tickmill Vs IC Markets Mobile App
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FXOpen Vs Tickmill for Cryptocurrency Trading
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Comparing Tickmill VIP vs Pro Account
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How to Get Passive Income With Tickmill Partnership Program
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Your Simple Guide to Tickmill Pro Account
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Improve Your Trades with Tickmill Signal Centre
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Estimate Price after NFP to Get USD500 from Tickmill
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A Rewarding Way to Trade: Join Tickmill USD30 Welcome Bonus
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All You Need to Know about Tickmill Traders Club
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Which Tickmill Account Type is Right for You?
Bonus
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Swissquote provides their pricing with Fixed spread while Tickmill offers Variable spread.
Swissquote vs Tickmill: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Swissquote enables trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5 (Limited with 30 days), Advanced Trader (Limited with 30 days). The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Tickmill provides trading with MetaTrader 4, MetaTrader 5 with the support of One-click trading, Trailing stop, Pending orders.
Is Swissquote or Tickmill better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Swissquote supports trading with Forex, Gold & silver, Stocks, Options, Indexes, Crypto, CFD, while Tickmill presents the ability of trading with Forex, Gold & silver, CFD, Oil, Crypto, Indices, Commodities, Bonds, Stocks.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Swissquote and Tickmill:
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