Tickmill vs TeleTrade Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Tickmill vs TeleTrade.
Does Tickmill or TeleTrade offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Tickmill
offers better pricing overall for traders.
Is Tickmill or TeleTrade safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Tickmill holds 1 global Tier-1 licenses, while TeleTrade holds 0. Tickmill holds 2 global Tier-2 licenses, while TeleTrade holds 1. In our analysis of 23 international regulators across 50 brokers, Tickmill earned a higher Trust Score than TeleTrade.
Which trading platform is better: Tickmill or TeleTrade?
To compare the trading platforms of both Tickmill and TeleTrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Tickmill offers a better experience. With research, Tickmill offers superior market research. Finally, we found TeleTrade to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Tickmill and TeleTrade offer MetaTrader 4 (MT4).Tickmill and TeleTrade both offer copy trading.
How many forex pairs and CFDs are available to trade?
Tickmill provides traders 62 currency pairs (e.g., EUR/USD) compared to TeleTrade's 61 available pairs. Forex pairs aside, TeleTrade offers traders access to 500 CFDs while Tickmill has 295 available CFDs, a difference of 205.
Can I trust Tickmill?
Tickmill is not publicly traded and does not operate a bank. Tickmill is authorised by one tier-1 regulator (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Tickmill is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).
Can I trust TeleTrade?
TeleTrade is not publicly traded and does not operate a bank. TeleTrade is authorised by zero tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulator (low trust).
Is Tickmill good?
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
Is TeleTrade good?
TeleTrade was an early pioneer of mobile apps for finance, then became a forex and CFD broker, now offering the MetaTrader platform. With just one regulatory license, Teletrade has a lower Trust Score than more established forex brokers.
Overall winner: Tickmill
Popular Forex Reviews
Popular Forex Guides
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.