Tickmill vs Xtrade: Which One is Better for You?


Tickmill vs Xtrade, 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 Tickmill vs Xtrade, here is the direct comparison:

Feature
Go to Tickmill

Go to Xtrade

Rating

General Rating 3.91/5
3.15/5
Trustpilot 4.1/5

rated by 285 users
3.1/5

rated by 39 users

General Information

Office(s) Seychelles Cyprus
Regulation BaFin 146511
CySEC, 278/15
FCA (UK), 717270
FSA (Seychelles), SD008
FSCA (South Africa), 49464
ASIC 342628
CySEC, 108/10
IFSC (Belize), IFSC/60/383/TS/15
NAFD (Russia), A
Established 2014 2010
Minimum Deposit $100 $100
Maximum Leverage 1:500 1:400
Spread Variable Fixed
Commissions $1
Minimum Position 0.01 lot 0.01 lot
Payment Credit/debit cards, FasaPay, Neteller, QIWI, Skrill, UnionPay, WebMoney and Wire transfer CashU, Credit/debit cards, giropay, Neteller, paysafecard, QIWI, Skrill, SOFORT, UnionPay, WebMoney, Wire transfer and Yandex.Money
Official Website Visit Tickmill Visit Xtrade

Account Variations

Segregated Account
Islamic Account
PAMM Account
Managed Account
LAMM Account
MAM Account
Forex Demo Account

Trading Requirements

Hedging
US traders are welcome
Requires sending documents via postal mail
Overnight interest rates (swaps)
Trading by telephone

Trading Features

Trading contests
Automated trading
Interest rate on funds
Bonus offers
Free education
Personal manager
Affiliate program

Trading Platforms and Complements

Mobile trading
Browser-based platform
Trading via API
One-click trading
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders

Instruments Traded

Forex
CFD
Indexes
Spread betting
Gold & silver
Cryptocurrencies
Stocks
Binary options
Oil
Metals
Energies
Futures
ETF
Soft commodities
Options
Agriculture
Bonds

Customer Support

Website Languages Arabic, Chinese, English, Indonesian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese Arabic, Chinese, English, Russian, Spanish
Email Support
Call Support
Chat Support

Reviews

General Review Read Tickmill Review Read Xtrade Review
User Reviews

Alan Johnson

Aug 18 2020

Truthfully, I never had any issues with Tickmill for deposit or withdrawal. They are really honest and reliable broker. I would recommend this broker for anyone who want to start their trading career.


Belinda Xavier

Sep 7 2020

Tickmill have the excellent support team. The good thing is easy anf quick on execution orders. Top broker!!!


Keira Manoj

Sep 1 2020

Tickmill is a good broker even sometimes thay have large slippage ;((((( But they do really have good trading condition and fast deposit and withdrawal.


Cindy Brawfield

Sep 4 2020

Such an awesome broker!! There's no complaining about Tickmill because they ARE that good. I would recommend Tickmill to anyone who interested on trading.


Joseph Canon

Sep 11 2020

I've been trading with Tickmill since the end of 2017. Hope they will be better next year, keep up the good work.


Jessica Brooke

Sep 9 2020

Best points of Tickmill:

1. They are regulated and such a reliable broker
2. Easiest deposit and withdrawal process
3. Have low spread & commission which is AWESOME!!!
4. Fast execution and again, reliable broker
5. They have the best customer support too


Bennett Jackson

Sep 7 2020

Is Tickmill really going towards the downhill? I don't know what's the problem but recently many funds just reflected on the accounts after 8 or more days. It's very frustating you know when you really need the funds on your trading account.


Adam Byrne

Sep 3 2020

Tickmill is a good broker so far, but the only I don't like is that sometimes it need more than 8 days for the funds to reflected on my accounts. Mainly reasons is because of the bank.


Leonardo Backer

Sep 18 2020

I open an account here for one of my EA, that is only allowed to be operated only on Tickmill. The problem was my EA worked great on demo, but not so good on live account due to the commissions. I didn't continue due to the low leverage that offered to the clients. Also no crypto...


Joshua Takamoto

Aug 18 2020

I'm done testing Tickmill and now it's the time to live trading for real. I've opened an account about 3 months ago. For execution speed and instant deposit, I'll gove them 4 stars.


Bella Sachar

Sep 6 2020

Short trading time with Tickmill without any issues about manipulations etc. I reveived my withdrawal funds too withput problems. Keep the good work!


Natalie Gadway

Sep 4 2020

Really Tickmill is the best broker. My account has been inactive for a long time. When I trid to resumed trading with the same account, they only asked me to upload some documents then done!!! Now I'm trading with Tickmill again without problem.


Andrew Packman

Sep 11 2020

Tickmill is such a great broker. They are reliable and have the fastest funding + withdrawal process. I've been trading with Tickmill for more than 3 years now.


Jaxon Kellner

Sep 13 2020

Don’t know why the registration process is very difficult for me. My 2nd document didn’t accepted by their customer service (for residential area confirmation). The exact document accepted in other brokers without problems.


Olivia Johnson

Sep 5 2020

I tried to open Tickmill account and they took around 5 days to verified. A little bit upset about their spreads, not the same with their promotion.


Babah Jum

Sep 11 2020

Tickmill is the one of best broker I know. You won't regret to join this broker. "Regret" is an unknown words.


Brandon Jason

Sep 2 2020

They said that their withdrawal process very fast but until 10th day now I don't have my money. I want my money.


John Meyner

Sep 1 2020

Many traders recommend me this broker for scalping technique. They offered lowest spread and commission. Great broker.


Connor Seinfield

Sep 3 2020

All in all an honest broker but I am disappointed when I had a legitimate trade issue but the broker put it right down to a slippage loss which I don't fully realized with. Apart from that one issue to report, I find their trading conditions amicable and straightforward.


Logan MacCartney

Jul 3 2020

For my first withdrawal (the withdrawal request was on the identical checking account, from where the deposit was) they asked a document which include my Name, Surname and Bank details like IBAN and Name of the Bank. I send this, and then they asked again, the same thing. I send another, with explanation, where they find the small print on the document, and than they fund my checking account. Not really great experience tbh. So average it is.


Bertrand

Jul 21 2020

Tickmill is good for those who love scalping. Their market movement is still normal though the market is in a hectic! What a great platform!


lia Mirsa

Apr 20 2021

Using this opportunity, I would love to appreciate fightingscams AT aol DT com for assisting me when I lost all my funds to this broker. I am glad I reached out to them early.


Josh

Sep 26 2020

DO NOT use Xtrade. I've been waiting more than 6 weeks to withdraw money from account, support is non existent. DO NOT USE XTRADE.


sanoor1987

Sep 25 2020

Please dont deposit your money with Xtrade. It is a fraud company. I lost all my hard earned money trading with them. Guys please stay away.


Andres

Sep 25 2020

One of their representatives abused trust by funding my account without my permission and opened positions. I lost 13KUSD in one day. Absolutely the worst broker.


Yeu Ling

Sep 24 2020

They convince you and they are so knowledgeable in sucking all money you have and they even beg you to put other cards. The audacity.


Markruinat

Sep 23 2020

High spread. Delaying the entranec than always buying against us. Take it easy the stop loss. Take profit will always take over the chosen level. Do not recomend to use this broker.


Patel Karate

Sep 22 2020

They are Just cheaters. Knows how to take money even without activating the account and never knows how to return the money.


Brony

Sep 21 2020

They are scam. You could lose all your money really fast.


Peter Hu

Sep 20 2020

I got heavily robbed by XTRADE. I read a lot of complaints about XTRADE on FPA. However, there is no information from somebody who successfully got his money back.


Lima Simon

Sep 19 2020

Xtrade is a new name for old broker Xforex. As an ex-employee I would strongly advise to avoid this broker. Read comments about Xforex to find out who you are dealing with.


julie4444

Sep 18 2020

They closed my trade unfairly. They are deceiving too. They are really bad broker.


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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, Tickmill provides their pricing with Variable while Xtrade offers Fixed.



Tickmill vs Xtrade: 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, Tickmill enables trading with MetaTrader 4. The offer is supported with Mobile trading, One-click trading, Trailing stop, Pending orders. In comparison, Xtrade provides trading with XTrade Platform with the support of Browser-based platform, Pending orders.



Is Tickmill or Xtrade 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, Tickmill supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Cryptocurrencies, while Xtrade presents the ability of trading with Forex, Stocks, Indexes, Cryptocurrencies.

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 Tickmill and Xtrade:

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