ThinkMarkets vs tickmill, for 2023
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ThinkMarkets Rating
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tickmill Rating
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71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
ThinkMarkets vs tickmill Guide |
Read our In-Depth ThinkMarkets vs tickmill Review - for 2023
Our comprehensive analysis of ThinkMarkets and tickmill has been revised to reflect any changes for 2023 from industry experts boasting extensive expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of ThinkMarkets vs tickmill does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
tickmill Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare ThinkMarkets vs tickmill
Every platforms for online trading has certain ups and downs, so a complete analysis of ThinkMarkets vs tickmill should not be complete without adopting an objective perspective.
Assess ThinkMarkets and tickmill to get a better understanding of the way they stack up to each prior to you decide to create an account. A side-by-side comparison will bring aspects into perspective to ensure that you are aware of what to expect.
So you are looking for a reputable broker and are choosing between ThinkMarkets or tickmill. Which one is best in 2023?
Our ThinkMarkets vs tickmill comparison contains the latest information so you can easily compare tickmill against ThinkMarkets.
If you are a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You will get proficient at all the concepts of brokerage as you continue trading. For starters, you need to select the right broker who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. ThinkMarkets and tickmill are just two such trading platforms that will take you and your investment to great heights. It is important to compare ThinkMarkets vs tickmill before you trust them with your money.
Our ThinkMarkets vs tickmill comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and tickmill side by side.
Our entire ThinkMarkets vs tickmill Review covers all you need to learn about trading with either ThinkMarkets 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 aligns with your investing goals.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you choose them. It's a common misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
ThinkMarkets and tickmill are both brokers that have paved their way successfully to the broker world. In this review, we have attempted to collate some of the important facets of both ThinkMarkets and tickmill. This review can help you to know whether either tickmill or ThinkMarkets is a good fit for your own investments or not. We have tried to breakdown all of the features and charges for your advantage.
Benefits of ThinkMarkets and tickmill Compared
ThinkMarkets has a minimum deposit of $0 while tickmill has a $250 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets 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.
ThinkMarkets has around 3500 financial instruments while tickmill allows you to trade around 3500 available.
The more instruments you can trade on the ThinkMarkets and tickmill trading 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 never want to miss out on a trading opportunity due to the limitations of ThinkMarkets or tickmill.
ThinkMarkets and tickmill Contact Details
Being able to contact your broker simply is vital. ThinkMarkets and tickmill have the following contact details and social medias that you can use.
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Broker | ThinkMarkets | tickmill |
Telephone Number | Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975 | |
support@thinkmarkets.com | ||
Address | Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom | |
ThinkMarkets Twitter Account | tickmill Twitter Account | |
ThinkMarkets Facebook Page | tickmill Facebook Page | |
ThinkMarkets Instagram Account | tickmill Instagram Account | |
ThinkMarkets LinkedIn Page | tickmill LinkedIn Page | |
YouTube | ThinkMarkets YouTube Channel | tickmill YouTube Channel |
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tickmill and ThinkMarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of ThinkMarkets and tickmill we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
ThinkMarkets vs tickmill - Awards
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Broker | ThinkMarkets | tickmill |
Awards |
ThinkMarkets have won numerous industry awards over the years they have been running as a financial broker. We show the most recognised awards for ThinkMarkets here.
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At the time of writing this tickmill review, and despite tickmill’s impressive offering, the company has surprisingly not garnered any awards to date. |
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ThinkMarkets vs tickmill - Frequently Asked Questions
ThinkMarkets vs tickmill - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
tickmill was founded in 2020 and has its headquaters in GRENADINES.
What is the minimum deposit for tickmill or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
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 ThinkMarkets and tickmill are a good choice.
ThinkMarkets vs tickmill - Regulation And Licencing In More Detail
ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles .
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 ThinkMarkets and tickmill have a powerful set of rules for ensuring honest trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare ThinkMarkets vs tickmill Commission And Fees
ThinkMarkets and tickmill are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily affected by the amount of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of fees for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In such cases, you are paying a spread, funding rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are people who are billed when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither ThinkMarkets or tickmill charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often exchange, for example daily or weekly trading.
However, non-trading fees billed by ThinkMarkets and tickmill are comparatively higher. Consequently, you're charged more for non-trading actions on your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of assets.
This ThinkMarkets vs tickmill review for 2023 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And tickmill
What Languages Do ThinkMarkets And tickmill Support?
Being able to talk easily with your online broker is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you will find all the languages that both ThinkMarkets and tickmill offer communication in.
How Many Clients Do ThinkMarkets and tickmill Have?
Both ThinkMarkets and tickmill are well established with their customer base. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many users ThinkMarkets and tickmill have
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Broker | ThinkMarkets | tickmill |
Clients / Users | 475,000+ | 12,000,000+ |
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What Payment Methods Do ThinkMarkets and tickmill Accept?
ThinkMarkets 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 ThinkMarkets and tickmill
What Can You Trade With ThinkMarkets and tickmill?
ThinkMarkets offers 3500 trading instruments whilst tickmill offers 206.
Below you will find a full breakdown of what both ThinkMarkets and tickmill offer.
ThinkMarkets Review
ThinkMarkets vs tickmill:
Table Of Contents
- Compare ThinkMarkets vs tickmill
- Benefits of ThinkMarkets and tickmill Compared
- tickmill and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs tickmill - Awards
- ThinkMarkets vs tickmill - Frequently Asked Questions
- What is the minimum deposit for tickmill or ThinkMarkets
- ThinkMarkets vs tickmill - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And tickmill
- What Languages Do ThinkMarkets And tickmill Support?
- How Many Clients Do ThinkMarkets and tickmill Have?
- What Payment Methods Do ThinkMarkets and tickmill Accept?
- What Can You Trade With ThinkMarkets and tickmill?