8 minute read
Exness vs Tickmill Comparison: Best Forex Broker for You?
from Exness India
by Exness_India
Choosing the right forex broker is a pivotal decision for traders, whether you're a beginner or a seasoned professional. Exness vs Tickmill are two globally recognized brokers known for their competitive offerings, robust regulation, and trader-friendly environments. This article provides an in-depth comparison of Exness vs. Tickmill, covering key aspects such as regulation, trading platforms, fees, account types, and more. By the end, you'll have a clear understanding of which broker aligns with your trading goals in 2025.
💥 Trade with Exness now: Open An Account or Visit Brokers 🏆
Overview of Exness vs Tickmill
Exness
Founded in 2008, Exness is a well-established forex and CFD broker headquartered in Cyprus. It serves over 130 countries and is renowned for its transparency, low trading costs, and extensive range of trading instruments. Exness operates under multiple regulatory bodies, ensuring a secure trading environment. Its user-friendly platforms and innovative features make it a favorite among retail and professional traders alike.
Tickmill
Established in 2014, Tickmill is a newer player but has quickly gained a reputation for its ultra-low spreads and fast execution. Headquartered in the UK, Tickmill is regulated by top-tier authorities and caters to traders worldwide. It focuses on providing cost-effective trading solutions and advanced tools, making it particularly appealing to scalpers and high-frequency traders.
Regulation and Security
Exness
Exness is regulated by multiple authorities, including:
· FCA (UK): A tier-1 regulator ensuring high standards of client protection.
· CySEC (Cyprus): Provides oversight within the EU.
· FSA (Seychelles), FSCA (South Africa), BVI FSC, and others: Enhances global compliance.
Exness offers negative balance protection, segregates client funds, and is a member of the Hong Kong-based Financial Commission, which provides an investor compensation fund of up to €20,000. These measures make Exness a highly secure choice for traders.
Tickmill
Tickmill is also well-regulated, with licenses from:
· FCA (UK): Ensures strict oversight.
· CySEC (Cyprus): Aligns with EU regulations.
· FSA (Seychelles), FSCA (South Africa), and Labuan FSA: Supports its global operations.
Like Exness, Tickmill provides negative balance protection and segregates client funds. It is part of the Financial Services Compensation Scheme (FSCS) and the Investor Compensation Fund, adding an extra layer of security.
Verdict: Both brokers are highly regulated and prioritize client safety. Exness has a slight edge due to its broader regulatory coverage and membership in the Financial Commission.
Trading Platforms
Exness
Exness offers a variety of trading platforms to suit different preferences:
· MetaTrader 4 (MT4): Industry-standard platform with robust charting tools.
· MetaTrader 5 (MT5): Advanced features, including more timeframes and order types.
· Exness Trade App: A proprietary mobile app for seamless trading on the go.
· Exness Terminal: A web-based platform for quick access without downloads.
· Social Trading: Allows beginners to copy trades from experienced traders.
Exness’s platforms are known for their reliability and user-friendly interfaces, catering to both novice and advanced traders.
Tickmill
Tickmill supports the following platforms:
· MetaTrader 4 (MT4): Popular for its simplicity and extensive third-party tools.
· MetaTrader 5 (MT5): Offers enhanced features for advanced traders.
· WebTrader: A browser-based platform for convenient access.
· Tickmill Mobile App: Designed for trading on mobile devices.
Tickmill also provides tools like Capitalise AI for code-free algorithmic trading and Acuity Trading Tool for actionable signals, giving it an edge in value-added services.
Verdict: Exness offers more platform options, including its proprietary app and social trading, making it ideal for diverse trading styles. Tickmill excels with advanced tools for algorithmic traders.
Account Types
Exness
Exness provides a range of account types tailored to different trading needs:
· Standard Account: No minimum deposit, suitable for beginners.
· Standard Cent Account: Ideal for micro-trading with low risk.
· Pro Account: Offers tighter spreads for experienced traders.
· Raw Spread Account: Ultra-low spreads with a commission.
· Zero Account: Near-zero spreads for high-volume traders.
Exness’s flexibility in account types makes it accessible to traders with varying capital levels.
Tickmill
Tickmill offers three main account types:
· Classic Account: Spread-only, no commissions, ideal for beginners.
· Pro Account: Low spreads with a commission, suited for scalpers.
· VIP Account: Tailored for high-volume traders with custom conditions.
Tickmill also provides a Sharia-compliant Islamic account, which is a significant advantage for Muslim traders.
Verdict: Exness offers more account types, catering to a broader audience. Tickmill’s Islamic account is a unique feature, but its account options are less varied.
Fees and Spreads
Exness
Exness is known for its competitive pricing:
· Spreads: Start from 0.3 pips on standard accounts and 0.0 pips on Raw Spread and Zero accounts.
· Commissions: No commissions on Standard and Standard Cent accounts; $3.50 per lot per side on Raw Spread and Zero accounts.
· Swap Fees: Offers swap-free trading on major forex pairs, gold, crypto, and indices.
· Other Fees: No inactivity fees or deposit/withdrawal commissions.
Exness’s low fees and transparent structure make it cost-effective, especially for scalpers and high-frequency traders.
Tickmill
Tickmill is renowned for its ultra-low spreads:
· Spreads: Start from 0.0 pips on Pro and VIP accounts.
· Commissions: $2 per lot per side on Pro accounts; lower for VIP accounts.
· Swap Fees: Swap-free accounts available for Muslim traders.
· Other Fees: No inactivity or deposit fees; withdrawals are free for most methods.
Tickmill’s spreads are generally tighter than Exness’s, particularly for forex pairs, but Exness offers lower spreads on gold.
Verdict: Tickmill has an edge for forex trading with lower spreads, while Exness is better for gold trading and offers a broader swap-free policy.
💥 Trade with Exness now: Open An Account or Visit Brokers 🏆
Trading Instruments
Exness
Exness provides a diverse range of instruments:
· Forex: Over 120 currency pairs, including exotic pairs.
· Metals: Gold, silver, and other precious metals.
· Energies: Oil and natural gas.
· Cryptocurrencies: Bitcoin, Ethereum, and more.
· Stocks and Indices: CFDs on major global stocks and indices.
· Commodities: Agricultural products and other commodities.
Exness’s extensive offering allows traders to diversify their portfolios effectively.
Tickmill
Tickmill offers a slightly smaller but still robust selection:
· Forex: 62 currency pairs.
· Metals: Gold and silver.
· Cryptocurrencies: Limited crypto CFDs.
· Indices and Commodities: Major global indices and commodities.
· Bonds: Unique offering not available with Exness.
Tickmill’s bond trading is a standout feature, but its overall instrument range is narrower than Exness’s.
Verdict: Exness offers a wider range of trading instruments, making it better for portfolio diversification. Tickmill’s bond trading is a niche advantage.
Deposits and Withdrawals
Exness
· Minimum Deposit: $0 for Standard accounts (varies by payment processor); $500 for professional accounts.
· Payment Methods: Credit/debit cards, bank transfers, e-wallets (Skrill, Neteller, WebMoney), and cryptocurrencies.
· Processing Time: Instant deposits; withdrawals are instant to near-instant for verified accounts.
· Fees: No deposit or withdrawal fees.
Exness’s no-minimum-deposit policy and instant withdrawals are major advantages.
Tickmill
· Minimum Deposit: $100 for Classic and Pro accounts; higher for VIP accounts.
· Payment Methods: Bank transfers, credit/debit cards, e-wallets (Skrill, Neteller, SticPay), and Bitcoin.
· Processing Time: Deposits are instant; withdrawals processed within one working day.
· Fees: No deposit fees; withdrawals above $25 are free.
Tickmill’s $25 minimum withdrawal amount is a slight drawback compared to Exness’s flexibility.
Verdict: Exness wins for its lower minimum deposit and instant withdrawals, offering greater convenience.
Customer Support
Exness
Exness provides 24/7 customer support via:
· Live chat
· Phone
· Support PIN for secure communication
Its multilingual support and round-the-clock availability ensure traders receive timely assistance.
Tickmill
Tickmill offers 24/5 customer support through:
· Live chat
· Phone
While Tickmill’s support is responsive, it lacks the 24/7 availability that Exness provides.
Verdict: Exness’s 24/7 support gives it a clear advantage for traders in different time zones.
Educational Resources
Exness
Exness offers a comprehensive suite of educational tools:
· Tutorials and webinars
· Market analysis
· Trading guides
· Economic calendar
These resources are particularly helpful for beginners looking to build their trading knowledge.
Tickmill
Tickmill provides:
· Webinars and seminars
· Educational articles
· Trading tools (e.g., Autochartist)
· Demo accounts
Tickmill’s focus on tools like Autochartist is valuable for technical traders.
Verdict: Exness has a slight edge due to its broader range of educational content, but Tickmill’s trading tools are a strong point.
Which Broker Is Better for You?
Choose Exness if:
· You want a wider range of account types and trading instruments.
· You prefer instant withdrawals and no minimum deposit.
· You trade gold or cryptocurrencies frequently.
· You need 24/7 customer support.
· You’re a beginner or want social trading features.
Choose Tickmill if:
· You prioritize ultra-low spreads for forex trading.
· You’re a scalper or high-frequency trader.
· You want access to bonds or advanced trading tools like Capitalise AI.
· You’re a Muslim trader seeking a Sharia-compliant account.
· You value fast execution and low commissions.
Final Thoughts
Both Exness vs Tickmill are exceptional forex brokers with strong reputations, competitive pricing, and robust regulation. Exness stands out for its flexibility, diverse trading instruments, and instant withdrawals, making it ideal for traders seeking versatility and convenience. Tickmill, on the other hand, excels with its ultra-low spreads, fast execution, and value-added tools, catering to cost-conscious and advanced traders.
Ultimately, the best broker depends on your trading style, goals, and preferences. For beginners and those prioritizing diversification, Exness is likely the better choice. For scalpers and forex-focused traders, Tickmill’s low-cost structure is hard to beat. Whichever you choose, both brokers offer a reliable and secure environment to elevate your trading journey in 2025.
💥 Note: To enjoy the benefits of the partner code, such as trading fee rebates, you need to register with Exness through this link: Open An Account or Visit Brokers 🏆
Read more:
