Compare SimpleFX Vs Tickmill: Which is the Better Forex Broker in 2024?
SimpleFX 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 SimpleFX Vs Tickmill, here is the direct comparison:
Compare | SimpleFX | Tickmill |
General Rating |
1.00/5 |
2.75/5 |
Score | ||
Trustpilot |
3.5/5 39 users |
4.1/5 285 users |
πΌ Regulation | ||
β Info | ||
β Established | 2014 | 2014 |
π² Min Deposit | $1 | $100 |
β Max Leverage | 1:500 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $1 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Skrill, Neteller, FasaPay, Crypto, Litecoin, Dash, Ethereum, Monero, Crypto Cash, Zcash, Ethereum Classic, Tether (USDT), Dogecoin, Tron, USD Coin (USDC), Dai (DAI), EOS.IO, Binance Coin and Ripple | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, QIWI, FasaPay, Crypto, Ethereum and Bank transfer |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | Arabic, English, Spanish, French, Hindi, Indonesian, Italian, Japanese, Korean, Malay, Dutch, Portuguese, Romanian, Russian, Thai, Turkish, Vietnamese, Chinese | Arabic, English, Spanish, Indonesian, Korean, Malay, Polish, Portuguese, Russian, Thai, Vietnamese, Chinese |
πͺ Trade Now | Open SimpleFX | Open Tickmill |
Compare Again
Testimonials
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SimpleFX: Competitive spreads, most efficient cryptocurrency payments. The mobile app is...
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SimpleFX: Platform makes everything easy. They offer the lowest transfer fees available....
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SimpleFX: I like this trading platform, there is no minimum deposit...
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SimpleFX: Great for beginners. Still learning so much about Forex and...
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SimpleFX: Nice intuitive app. No delays and low latency. Spreads from...
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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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See More SimpleFX 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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Tickmill Retains Best Commissions & Fees Award at ForexBrokers.com
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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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Tickmill Unveils Social Trading Platform
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Traders Union Awards Tickmill as Top Three Forex Brokers
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Tickmill Launches New IB Contest with USD120,000 in Prizes
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Tickmill Expands to MENA with New Office in Dubai
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See More Related SimpleFX News
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See More Related Tickmill News
Article
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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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See More Related Tickmill Article
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- Comparison List
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, SimpleFX provides their pricing with Variable spread while Tickmill offers Variable spread.
SimpleFX 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, SimpleFX enables trading with MetaTrader 4, Mobile Trading Platform, WebTrader. 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 SimpleFX 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, SimpleFX supports trading with Forex, Gold & silver, CFD, Oil, Energies, Crypto, 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 SimpleFX and Tickmill:
- Compare SimpleFX vs FXGT
- Compare SimpleFX vs easyMarkets
- Compare SimpleFX vs Interactive Brokers
- Compare Tickmill vs FXOpen
- Compare Tickmill vs FXTM
- Compare Tickmill vs Admirals
For more comparisons, visit this page.