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

Tickmill vs Admiral Markets

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

2. Compare Account types: Tickmill vs Admiral 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 Admiral 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 Admiral Markets ‘s demo account? Do you neem direct market access or need to access Tickmill’s API or Admiral Markets’s API?
What initial deposit is Tickmill asking for and what initial deposit is Admiral 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 Admiral 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 Admiral 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 Admiral 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 Admiral 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 Admiral Markets ‘s fees.
For those that a different style of trading, compare Tickmill vs Admiral 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 Admiral 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 Admiral Markets

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

 

 

Product Name

Tickmill

Admiral Markets

Product Image Tickmill Admiral Markets
Price
Our Rating 5.0 5.3
Brand FX Brokers Admiral Markets
Category Forex Broker Forex Broker

Broker

TickmillAdmiral Markets
Broker Type DMA/STP DMA/STP
Broker Country Seychelles United Kingdom
Regulation FSA Seychelles FCA UK, FSA of Estonia
Indipendant Broker Introducing broker for LMAX. Independent broker.
Year in Industry 2011 2001

Account

TickmillAdmiral Markets
Accept US Clients Yes Yes
Mini account deposit $150 $200
Standard account deposit $100 $1000
ECN account deposit $100 $1000
Trading account currency USD Account, EUR Account, GBP Account USD Account, EUR Account, GBP Account, CHF 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

TickmillAdmiral Markets
Funding method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Credit Card, Debit Card, Skrill, Neteller, SOFORT, PayPal
Withdrawal method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Skrill, Neteller

Costs

TickmillAdmiral Markets
Commissions yes & no no - Mini account
Costs & Spreads variable variable
Costs/Lowest spreads on EURUSD 1.6 pips Mini account 0.1 pips Mini account

Trading

TickmillAdmiral Markets
Premium trading NDD, personal coaching no
Scalping yes, scalpers welcome yes
Hedging
EAs allowed yes yes

Platform

TickmillAdmiral Markets
Trading platform type MT4 (ECN), MT4 Desktop/Mobile/iOS/Smartphone, Myfxbook MT5 (ECN) Live, MT4 (ECN), MT4 Desktop/Web/Mobile/iOS/Android/Mac, Autochartist
Platform time zone GMT+2 GMT
Decimal pricing 5 digits 5 digits
Trailing stops Trailing Stoploss Trailing Stoploss
OCO orders No OCO orders No OCO orders
One click One click trading One click trading
Mobile trading
Webtrading
API Solutions

Products

TickmillAdmiral Markets
Currency pairs 62 fx pairs (+exotic) 58 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, Bonds, Commodities, Energies

Other

TickmillAdmiral Markets
MAM PAMM LAMM MAM MAM
Managed Accounts Yes No
Swap free accounts No No
Segregated client accounts

Promotions and Offers

TickmillAdmiral Markets
Bonuses (T&Cs apply) Yes Yes
Contests Yes Yes