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Tickmill vs IC Markets

Tickmill vs IC Markets

Tickmill vs IC Markets : Which is the Best Forex Broker ? – Choosing a forex broker in the world of forex trading is very important, ensuring that capital will be safe with the right broker who has a good reputation. Brokers with strict regulations will be the first choice of traders in this industry. We will compare Tickmill Vs IC Markets to give you consideration in choosing the best forex brokers as your trading platform.

# Tickmill at Glance

Tickmill is one of the leading CFD and forex brokers in the industry, having been serving customers since 2015. For both serious novices and more seasoned traders, Tickmill offers the ideal trading environment. Tickmill offers varied trading instruments such as 62 currency pairs, major stocks, stock indices, oil, precious metals, bonds and Cryptocurrencies.

# IC Markets at Glance

IC Markets is a forex broker with a lot of experience in the industry. Originating from Australia, IC Markets has been operating since 2007. IC Markets is one of the forex brokers with the highest trading volume currently. IC Markets offers varied trading instruments such as 61 currency pairs, 21 indices , +2100 Stocks, Bond and Crypto Currency.

 

Tickmill broker IC Markets broker
Website www.tickmill.com www.icmarkets.com
Founded 2015 2007
Min. Deposit $100 $200
Max. Leverage 1:500 1:500
Min. Trade Size 0.01 0.01
Spread Variable Variable
Islamic Account
Segregated Account
Scalping Allowed
Hegding Allowed
Trading Platform Meta Trader 4, Meta Trader 5, CopyFX Meta Trader 4, Meta Trader 5, cTrader and IC Social
Markets offered Forex, Metals, Indices, Stocks, Bond, Commodities, Crypto Currency Forex, Metals, Indices, Stocks, Bond, Commodities, Cryptocurrencies

 

Tickmill Vs IC Markets : Security and Regulation

One of the important factors that traders always consider when placing their funds is the security of customer funds and regulations. A regulated broker will run its business under the supervision of a regulatory body, so it will run it fairly and transparently. Both Tickmill and IC Markets are regulated forex brokers.

Tickmill is regulated and licensed by FCA (Seychelles), FSA (Labuan), FSCA, FCA UK and CySEC.  On the other hand, IC Markets is regulated by ASIC, CySEC , FSA ( Seychelles ) and SCB. Both brokers apply separate client funds, meaning that client funds are kept in separate bank accounts from the broker’s operational funds. In addition, both of them apply negative balance protection to their clients.

 

Regulation Tickmill broker IC Markets broker
CySEC
ASIC
FSA ( Seychelles )
SCB Bahamas
FSA ( Labuan )
FCA ( UK )
FSCA

 

Tickmill Vs IC Markets : Trading Conditions

Tickmill and IC Markets both offer the most favorable trading conditions for traders, the spreads and trading commissions they offer are both low and ideal for both beginners and more experienced to professional traders. Both are favorite brokers among traders. However, there are differences between the two that traders need to consider. Now we will compare Tickmill Vs IC Markets based on trading conditions.

  • Minimum Deposit : Tickmill offer minimum deposit $100, while IC Markets offer minimum deposit $200
  • Trading Account Types : Tickmill account types are Classic, Pro and VIP. While IC Markets offers Standard , Raw Spread and cTrader account.
  • Leverage : Tickmill offer leverage maximum 1:500, While IC Markets offer leverage maximum 1:500 on all account types.
  • Spreads : Tickmill offers spreads from 0.0 pips on Pro and VIP account type, While IC Markets offers spreads from 0.0 pips on Raw Spread and cTrader account types
  • Fees and Commissions : Tickmill charges a commission of 4 ( Base Currency ) per lot on its Pro Account and 2 ( Base Currency ) per lot on its VIP Account , While IC Markets charge a commission $7 per lot on its Raw Spreads Account and $6 per lot on its cTrader Account
  • Trading Instrument : Both brokers offer a wide range of trading instruments, including forex, stocks, indices, commodities, bonds and cryptocurrencies.

 

Tickmill Vs IC Markets : Funding Options

Tickmill and IC Markets offer complete funding and withdrawal options to their clients. Available in various options including electronic wallets, wire transfers to cryptocurrencies. While both offer almost all funding and withdrawal options, they have differences in these options. Here’s the information.

Tickmill broker ic markets broker
Deposit method Credit/debit cards, Skrill , Neteller, Sticpay, UnionPay, FasaPay, WebMoney, Local Bank Transfer and Crypto BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay, Wire transfer and Crypto
Withdrawal method Credit/debit cards, Skrill  , Neteller, Sticpay, UnionPay, FasaPay, WebMoney, Local Bank Transfer and Crypto  BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay, Wire transfer and Crypto
Open Live Account Open Live Account

 

Customer Support
Trading problems can occur at any time, if there is a problem, the broker must be contactable at any time. Tickmill and IC Markets offer 24/7 customer support via live chat, email and telephone.

In conclusion, Tickmill and IC Markets are the best forex brokers, both licensed and regulated by top level regulatory bodies, and the choice between the two will depend on your preferences and trading needs. Both offer a comfortable trading environment for all levels of traders.

If you want to find facts about the best between them, both of them are the best brokers. Opening a trading account on their platform depends on your trading needs.

  • If you need a broker with a low minimum deposit , Tickmill has the upper hand over IC Markets.
  • If you need a trading platform with complex charting, IC Markets has the cTrader trading platform while Tickmill is only limited to the MT4 and MT5 trading platforms.
  • If you want easy funding and withdrawal options via crypto. Both can meet your needs.

We hope this article helped you compare Tickmill Vs IC Markets, trading decisions are completely in your control.

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