OANDA vs tickmill, Who's The Best?
OANDA Rating
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tickmill Rating
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Losses can exceed deposits |
Your capital is at risk |
OANDA vs tickmill Guide |
Read our In-Depth OANDA vs tickmill Review - Updated for 2024
This review comparing OANDA and tickmill has been revised for 2024 from industry experts boasting significant financial experience across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of OANDA vs tickmill does not apply to all countries as follows:
OANDA Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
tickmill Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare OANDA vs tickmill
Each platforms for online trading feature some advantages and disadvantages, so a complete OANDA and tickmill review cannnot be regarded as thorough without having a balanced approach.
Compare OANDA and tickmill to get a better understanding of the way these platforms compare to each before you decide to create an account. A comparative analysis will bring aspects in perspective to ensure that you remain aware of what to expect.
So you are looking for an online trading platform and are choosing between OANDA or tickmill. Who is better in 2024?
Our OANDA vs tickmill comparison contains the latest information so you can easily compare tickmill against OANDA.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You will get proficient at all of the concepts of brokerage as you keep trading. For starters, you have to select the right agent who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. OANDA and tickmill are two such stages that will take you and your investment into great heights. It's important to compare OANDA vs tickmill until you trust them with your money.
Our OANDA vs tickmill comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust OANDA and tickmill side by side.
Our full OANDA vs tickmill Review covers everything you will need to learn about trading using either OANDA or tickmill. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It's a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
OANDA and tickmill are both brokers that have forged their way successfully to the brokerage world. In this review, we've tried to collate some of the vital facets of both OANDA and tickmill. This review can help you to understand whether either tickmill or OANDA is a good match for your own investments or not. We have attempted to breakdown all of the qualities and charges for your convenience.
Benefits of OANDA and tickmill Compared
OANDA has a minimum deposit of $1 while tickmill offers a $250 minimum deposit.
Why smaller minimum deposits are good and how OANDA and tickmill compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
OANDA has around 100 financial instruments while tickmill has around 100 available.
The more instruments you can trade on the OANDA and tickmill platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of OANDA or tickmill.
OANDA and tickmill Contact Details
Being able to contact a broker easily is a sign of a professional broker. OANDA and tickmill have the following contact details and social medias that you can use.
Broker | OANDA | tickmill |
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Telephone Number | ||
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OANDA Twitter Account | tickmill Twitter Account | |
OANDA Facebook Page | tickmill Facebook Page | |
OANDA Instagram Account | tickmill Instagram Account | |
OANDA LinkedIn Page | tickmill LinkedIn Page | |
YouTube | OANDA YouTube Channel | tickmill YouTube Channel |
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tickmill and OANDA Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing OANDA and tickmill will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
OANDA vs tickmill - Awards
OANDA vs tickmill - Frequently Asked Questions
OANDA vs tickmill - Headquarters And Year Of Founding
OANDA was founded in 1996 and has its head office in United States, Canada.
tickmill was founded in 2020 and has its head office in GRENADINES.
What is the minimum deposit for tickmill or OANDA
The minimum deposit for OANDA is $1.
The minimum deposit for tickmill is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both OANDA and tickmill are a good option.
OANDA vs tickmill - Regulation And Licencing In More Detail
OANDA is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).
tickmill is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F323.
Both OANDA and tickmill have a strong collection of rules for ensuring fair trading onto their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare OANDA vs tickmill Commission And Fees
OANDA and tickmill are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an internet broker is not necessarily affected by the number of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three different types of penalties for this objective.
The first sort of charges to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In these cases, you are spending a spread, funding speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people that are charged when you hold a leveraged position for longer than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake on your account. They are charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither OANDA or tickmill charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example weekly or daily trading.
However, non-trading fees billed by OANDA and tickmill are relatively competitive. As a result, you are billed more for non-trading actions on your trading accounts, such as withdrawal and deposits. These aren't about the sale and purchase of resources.
This OANDA vs tickmill review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For OANDA And tickmill
Broker | OANDA | tickmill |
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Minimum Deposit | $1 | $250 |
Withdrawal Fees | No | No |
Inactivity Fees | No | No |
Deposit Fees | No | No |
CFD Fees | No | No |
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What Languages Do OANDA And tickmill Support?
Being able to chat easily with your trading platform is a key part of comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Here you will find all the languages that both OANDA and tickmill offer communication in.
How Many Clients Do OANDA and tickmill Have?
Both OANDA and tickmill are well established with their client base. It is really important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients OANDA and tickmill are active on their platform
Broker | OANDA | tickmill |
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Clients / Users | 10,000+ | 12,000,000+ |
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What Payment Methods Do OANDA and tickmill Accept?
OANDA and tickmill both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at OANDA and tickmill
Broker | OANDA | tickmill |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | Yes |
Skrill | No | Yes |
Payoneer | Yes | Yes |
Neteller | No | Yes |
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What Can You Trade With OANDA and tickmill?
OANDA offers 100 trading instruments while tickmill offers 206.
Below you will find a full breakdown of what both OANDA and tickmill offer.
OANDA Review
OANDA vs tickmill:
Table Of Contents
- Compare OANDA vs tickmill
- Benefits of OANDA and tickmill Compared
- tickmill and OANDA Mobile App Comparison
- OANDA vs tickmill - Awards
- OANDA vs tickmill - Frequently Asked Questions
- What is the minimum deposit for tickmill or OANDA
- OANDA vs tickmill - Regulation And Licencing In More Detail
- Compare Broker Fees For OANDA And tickmill
- What Languages Do OANDA And tickmill Support?
- How Many Clients Do OANDA and tickmill Have?
- What Payment Methods Do OANDA and tickmill Accept?
- What Can You Trade With OANDA and tickmill?