Tickmill vs Xtrade 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 Xtrade.
Does Tickmill or Xtrade 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 Xtrade 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. Both Tickmill and Xtrade hold 1 global Tier-1 licenses. Both Tickmill and Xtrade hold 2 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Tickmill earned a higher Trust Score than Xtrade.
Which trading platform is better: Tickmill or Xtrade?
To compare the trading platforms of both Tickmill and Xtrade, 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 Tickmill 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. Neither broker offers Meta Trader.Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
Tickmill provides traders 62 currency pairs (e.g., EUR/USD) compared to Xtrade's 56 available pairs. Forex pairs aside, Tickmill offers traders access to 295 CFDs while Xtrade has 142 available CFDs, a difference of 153.
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 Xtrade?
Xtrade is not publicly traded and does not operate a bank. Xtrade is authorised by one tier-1 regulator (high trust), two tier-2 regulator (average trust), and one tier-3 regulator (low trust). Xtrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).
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 Xtrade good?
Xtrade is regulated in multiple jurisdictions and offers forex and CFD traders its own trading platform, yet with barely 200 symbols that you can trade it trails behind the best forex brokers.
Overall winner: Tickmill
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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.