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

Tickmill vs FXDD Malta

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

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

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

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

 

 

Product Name

Tickmill

FXDD Malta

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

Broker

TickmillFXDD Malta
Broker Type DMA/STP DMA/STP
Broker Country Seychelles Malta
Regulation FSA Seychelles FSA in Malta
Indipendant Broker Introducing broker for LMAX. Independent broker
Year in Industry 2011 2010
International Offices United States

Account

TickmillFXDD Malta
Accept US Clients Yes Yes
Mini account deposit $150 $1
Standard account deposit $100 $1
ECN account deposit $100 $2000
Trading account currency USD Account, EUR Account, GBP Account USD Account
Leverage Account 500 : 1 Standard Account 400 : 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, ECN Account

Payments

TickmillFXDD Malta
Funding method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Credit Card, Skrill, Neteller, ClickandBuy
Withdrawal method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Credit Card, Skrill, Neteller, ClickandBuy

Costs

TickmillFXDD Malta
Commissions yes & no no - Mini & Standard account
Costs & Spreads variable variable
Costs/Lowest spreads on EURUSD 1.6 pips Mini account 1.5 pips Mini account

Trading

TickmillFXDD Malta
Premium trading NDD, personal coaching ECN/STP trading
Scalping yes, scalpers welcome yes
Hedging
EAs allowed yes yes

Platform

TickmillFXDD Malta
Trading platform type MT4 (ECN), MT4 Desktop/Mobile/iOS/Smartphone, Myfxbook MT4 (ECN), MT4 Desktop/Web/Mobile/iOS/Android, Power Trader (Currenex), Mirror Trader, Viking, JForex, ZuluTrade, RoboX
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

TickmillFXDD Malta
Currency pairs 62 fx pairs (+exotic) 55 fx pairs
Exotic Pairs Exotic Forex Pairs
Gold Silver Gold, Silver Gold, Silver
CFD Trading CFD trading CFD trading
Other instruments Commodities Commodities, Energies, Options, Binary Options

Other

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

Promotions and Offers

TickmillFXDD Malta
Bonuses (T&Cs apply) Yes Yes
Contests Yes Yes