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

Tickmill vs IG Markets

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

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

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

 

 

Product Name

Tickmill

IG Markets

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

Broker

TickmillIG Markets
Broker Type DMA/STP DMA/STP
Broker Country Seychelles United Kingdom, Australia, Switzerland
Regulation FSA Seychelles FCA UK, ASIC, FINMA, is a licensed bank (IG Bank in Switzerland)
Indipendant Broker Introducing broker for LMAX. Independent broker
Year in Industry 2011 1974
International Offices United States, Germany, Spain, France, Italy, Luxembourg, Singapore, Sweden, Holland, Japan, South Africa, Russia, China, Austria, Ireland, Australia, Norway

Account

TickmillIG Markets
Accept US Clients Yes Yes
Mini account deposit $150 $1
Standard account deposit $100 $1
ECN account deposit $100 $50000
Trading account currency USD Account, EUR Account, GBP Account USD Account, EUR Account, GBP Account
Leverage Account 500 : 1 Standard Account 400 : 1 Mini account
Minimal size lot 0.01 lot 0.1 lot Mini account
Leverage Mini account Mini Account, Standard Account, ECN Account Mini Account, Standard Account, ECN Account

Payments

TickmillIG Markets
Funding method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Credit Card, Debit Card, BPAY
Withdrawal method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Debit Card

Costs

TickmillIG Markets
Commissions yes & no no - regular mini & standard accounts
Costs & Spreads variable variable
Costs/Lowest spreads on EURUSD 1.6 pips Mini account 0.8 pips Mini account

Trading

TickmillIG Markets
Premium trading NDD, personal coaching ECN trading - L2 Forex Direct
Scalping yes, scalpers welcome yes
Hedging
EAs allowed yes yes

Platform

TickmillIG Markets
Trading platform type MT4 (ECN), MT4 Desktop/Mobile/iOS/Smartphone, Myfxbook MT4 Desktop/iOS/Android, IG Charts Desktop/Mobile/iOS/Android/BlackBerry (Only Australian accounts)/Symbian/Web, L2 dealer, ProRealTime, Autoc
Platform time zone GMT+2 GMT
Decimal pricing 5 digits 4 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

TickmillIG Markets
Currency pairs 62 fx pairs (+exotic) 82 fx pairs (29+ 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, Energies, Shares, Options, Bonds, ETFs, Spread Betting, Binary Options

Other

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

Promotions and Offers

TickmillIG Markets
Bonuses (T&Cs apply) Yes No
Contests Yes No