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- Tickmill vs IKON Global Markets – Compare brokers, review spreads, costs, commissions regulations
Tickmill vs IKON Global Markets
In the table above we compare FX Broker Tickmill vs FX BrokerIKON Global Markets .This is a very important step before starting to trade on the currency markets as by choosing the wrong broker could get you stuck or even put of trading in the currency markets.
Five major things to look out for are:
1. Compare Regulations: Tickmill vs IKON Global Markets
Is Broker IKON Global Markets regulated or is Broker IKON Global Markets regulated?
Compare Tickmill vs IKON Global Markets and find out who is regulated and where.
In the event Tickmill or IKON Global Markets goes bankrupt, the different regulators can help you recover sums up to 100,000 USD. Obviously this depends on who regulates Tickmill, and who regulates IKON Global Markets
2. Compare Account types: Tickmill vs IKON Global Markets
Every body has different needs, who is looking for an ECN forex account and who is simply looking for a market maker. Compare Tickmill vs IKON Global Markets in the table above and find out what type of accounts do they offer (DMA-STP, ECN-STP, STP, Market maker), what leverage they offer(between 1:100 and 1:2000), do your forex strategies require a Metatrader 4(MT4), do you need a demo account, have you downloaded an EA and would like to test it on Tickmill’s demo account or IKON Global Markets ‘s demo account? Do you neem direct market access or need to access Tickmill’s API or IKON Global Markets’s API?
What initial deposit is Tickmill asking for and what initial deposit is IKON Global Markets asking for?
3. Currency Pairs Offered
Do you trade the usual currency pairs or do you need a greater number of exotic currencies, compare Tickmill vs IKON Global Markets and see who offer more or less currency pairs.
4. Customer Service
One of the most important aspects is Tickmill’s customer service vs IKON Global Markets’s customer service. As if you have an issue you would like to speak or chat to someone immediately.
5. Trading Platform
The trading platform is also extremely important as you will spend a lot of time on Tickmill’s FX trading platform or IKON Global Markets’s currency trading platform. try different platforms top see which one you like, the most popular on the forex market is MT4 or Metatrader 4, but there are many other platforms like Metatrader4 ECN, MT5 or Currenex. Compare Tickmill vs IKON Global Markets and see who offers 4 digits or 5 digits pricing, which of the two allows experts advisors on the MT4.
Not to forget to compare Tickmill’s fees vs IKON Global Markets ‘s fees.
For those that a different style of trading, compare Tickmill vs IKON Global Markets to see who offers, Mirror Trader, ZuluTrade, or Signal Trader
If you would like to trade with your IOs or windows mobile platform compare Tickmill vs IKON Global Markets and see who offers a platform for your apple, android or tablet and where to download the app to FX trade with either Tickmill or IKON Global Markets
For any further questions feel free to comment below. If you would like to leave a review of Tickmill or review IKON Global Markets, feel free to do so too.
Product Name |
TickmillIKON Global Markets |
Product Image | |
Price | |
Our Rating | |
Brand | FX Brokers FX Brokers |
Category | Forex Broker Forex Broker |
Broker
Broker Type | DMA/STP DMA/STP |
Broker Country | Seychelles United States |
Regulation | FSA Seychelles NFA, CFTC |
Indipendant Broker | Introducing broker for LMAX. Independent broker. |
Year in Industry | 2011 1999 |
Account
Accept US Clients | Yes Yes |
Mini account deposit | $150 $1000 |
Standard account deposit | $100 $1000 |
ECN account deposit | $100 |
Trading account currency | USD Account, EUR Account, GBP Account USD Account, GBP Account, CHF Account, AUD Account, CAD Account, NZD Account |
Leverage Account | 500 : 1 Standard Account 50 : 1 Standard Account |
Minimal size lot | 0.01 lot 0.01 lot |
Leverage Mini account | Mini Account, Standard Account, ECN Account Mini Account, Standard Account |
Payments
Funding method | Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Credit Card, PayPal, Skrill |
Withdrawal method | Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Credit Card, PayPal, Skrill |
Costs
Commissions | yes & no no - Mini & Standard accounts |
Costs & Spreads | variable variable |
Costs/Lowest spreads on EURUSD | 1.6 pips Mini account 0.8 pips |
Trading
Premium trading | NDD, personal coaching IKON Prodigy, IKON Futures |
Scalping | yes, scalpers welcome yes |
Hedging | |
EAs allowed | yes no |
Platform
Trading platform type | MT4 (ECN), MT4 Desktop/Mobile/iOS/Smartphone, Myfxbook IKON Prodigy, IKON Futures |
Platform time zone | GMT+2 GMT+2 |
Decimal pricing | 5 digits 4 digits ,5 digits |
Trailing stops | Trailing Stoploss Trailing Stoploss |
OCO orders | No OCO orders OCO orders |
One click | One click trading One click trading |
Mobile trading | |
Webtrading | |
API Solutions |
Products
Currency pairs | 62 fx pairs (+exotic) 52 fx pairs (21 exotic) |
Exotic Pairs | Exotic Forex Pairs Exotic Forex Pairs |
Gold Silver | Gold, Silver Gold, Silver |
CFD Trading | CFD trading No CFD trading |
Other instruments | Commodities Futures, Options, Commodities |
Other
MAM PAMM LAMM | MAM MAM |
Managed Accounts | Yes Yes |
Swap free accounts | No Yes |
Segregated client accounts |
Promotions and Offers
Bonuses (T&Cs apply) | Yes No |
Contests | Yes No |