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  3. Tickmill vs IronFX – Compare brokers, review spreads, costs, commissions regulations

Tickmill vs IronFX

In the table above we compare FX Broker Tickmill vs FX BrokerIronFX .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 IronFX
Is Broker IronFX regulated or is Broker IronFX regulated?
Compare Tickmill vs IronFX and find out who is regulated and where.
In the event Tickmill or IronFX 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 IronFX

2. Compare Account types: Tickmill vs IronFX
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 IronFX 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 IronFX ‘s demo account? Do you neem direct market access or need to access Tickmill’s API or IronFX’s API?
What initial deposit is Tickmill asking for and what initial deposit is IronFX 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 IronFX and see who offer more or less currency pairs.

4. Customer Service
One of the most important aspects is Tickmill’s customer service vs IronFX’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 IronFX’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 IronFX 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 IronFX ‘s fees.
For those that a different style of trading, compare Tickmill vs IronFX 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 IronFX 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 IronFX

For any further questions feel free to comment below. If you would like to leave a review of Tickmill or review IronFX, feel free to do so too.

 

 

Product Name

Tickmill

IronFX

Product Image Tickmill IronFX
Price
Our Rating 5.0 5.0
Brand FX Brokers FX Brokers
Category Forex Broker Forex Broker

Broker

TickmillIronFX
Broker Type DMA/STP DMA/STP
Broker Country Seychelles Cyprus
Regulation FSA Seychelles FCA UK, ASIC, CySEC, FSPR, BaFin, Consob, Dubai FSA, South Africa FSA
Indipendant Broker Introducing broker for LMAX. Independent broker.
Year in Industry 2011 2010
International Offices Argentina, Australia, Brazil, China, Cyprus, Germany, Hong Kong, Hungary, India, Malaysia, Poland, Russia, South Africa, Spain, United Arab Emirates, United Kingdom, United States, Uruguay, Czech Republic, Vietnam, Indonesia, New Zealand, Peru, Azerbaijan, Philippines, over 60 offices worldwide

Account

TickmillIronFX
Accept US Clients Yes Yes
Mini account deposit $150 $500
Standard account deposit $100 $2500
ECN account deposit $100 $500
Trading account currency USD Account, EUR Account, GBP Account USD Account, EUR Account, GBP Account, CHF Account, JPY Account, AUD Account, PLN Account, HUF Account, RUB Account
Leverage Account 500 : 1 Standard Account 500 : 1 Mini account
Minimal size lot 0.01 lot 0.01 lot Mini account
Leverage Mini account Mini Account, Standard Account, ECN Account Mini Account, Standard Account, ECN Account

Payments

TickmillIronFX
Funding method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, QIWI, FasaPay, MOTO
Withdrawal method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, QIWI, FasaPay, MOTO

Costs

TickmillIronFX
Commissions yes & no no - Mini & Standard accounts
Costs & Spreads variable variable
Costs/Lowest spreads on EURUSD 1.6 pips Mini account 1.1 pips Mini account

Trading

TickmillIronFX
Premium trading NDD, personal coaching Benefits offered on case-by-case basis
Scalping yes, scalpers welcome yes
Hedging
EAs allowed yes yes

Platform

TickmillIronFX
Trading platform type MT4 (ECN), MT4 Desktop/Mobile/iOS/Smartphone, Myfxbook MT4 (ECN), MT4 Desktop/Mobile/iOS/Android, Web Trader, Sirix, AutoTrade
Platform time zone GMT+2 GMT+2
Decimal pricing 5 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

TickmillIronFX
Currency pairs 62 fx pairs (+exotic) 84 fx pairs (+exotic)
Exotic Pairs Exotic Forex Pairs Exotic Forex Pairs
Gold Silver Gold, Silver Gold, Silver
CFD Trading CFD trading CFD trading
Other instruments Commodities Stocks, Indices, Futures, Commodities, Energies, Shares

Other

TickmillIronFX
MAM PAMM LAMM MAM MAM/PAMM
Managed Accounts Yes Yes
Swap free accounts No Yes
Segregated client accounts

Promotions and Offers

TickmillIronFX
Bonuses (T&Cs apply) Yes Yes
Contests Yes Yes