Advertising Disclosure
Tickmill vs Exness
-
Updated:
Compare Tickmill vs Exness Side by Side
Choosing between Tickmill vs Exness and wondering which broker suits your trading needs best? We made a detailed comparison between Tickmill Review and Exness Review, comparing safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details side by side.
Summary
| Feature | Tickmill | Exness |
|---|---|---|
| Website | https://www.tickmill.com/ | //www.exness.com |
| Founded year | 2014 | 2008 |
| Headquarter | UK | Cyprus |
| Licenses | UK, CySEC, Labuan, Seychelles, South Africa | FCA, CMA, CySEC, SFSA, CBCS, FSC BVI, FSC Muritius, FSCA |
| Minimum Deposit | US$ 100 | USD$ 10 |
| Trading Platforms | MT4, MT5, WebTrader, Tickmill Mobile App | MT4, MT5, Exness Terminal, Exness Trading App |
| Eurusd avg Spread | 0.3 pips | 1.2 pips |
Licenses
| Feature | Tickmill | Exness |
|---|---|---|
| Licenses Countries Info (short) |
|
|
Both Tickmill and Exness Brokers are licensed by EU regulatory authorities like UK and Cyprus. Additionally,Tickmill is licensed in Labuan, Seychelles, SOuth Africa, while Exness in Kenya, Mauritius, and a number of other international regulators
Broker Types
| Feature | Tickmill | Exness |
|---|---|---|
| Broker types |
|
|
Tickmill offers varying execution models based on the account type and market instrument, either through STP/ECN or DMA. On the other hand, Exness functions as an STP/NDD broker, with both firms emphasizing enhanced price transparency for their clients.
Trading Conditions
| Feature | Tickmill | Exness |
|---|---|---|
| Trading Conditions |
|
|
Tickmill offers optimal conditions tailored for beginner traders, encompassing a variety of trading strategies with competitive spreads. It provides an array of trading platforms known for rapid execution and transparency. Similarly, Exness presents advantageous conditions, featuring a broad spectrum of market instruments and emphasizing cost-efficient trading coupled with advanced trading tools.
Fees & Commissions
| Fees & Commissions | Tickmill | Exness |
|---|---|---|
| Inactivity Feemonth | $0 | $0 |
| Deposit fee | $0 | $0 |
| Withdrawal fee | $0 | $0 |
| Rollover fee eurusd buy 1 lot | -6.41 | - |
| Rollover fee eurusd sell 1 lot | 3.42 | −0.65131 |
| Avg Eurusd standard acc | 0.3 pips | 1.2 pips |
| Gold | 20 | 0.3 |
| Brent oil | 4 | 4 pips |
| Bitcoin | 12 | 29 |
Compared to Exness, Tickmill boasts more competitive spreads across a wide array of instruments. However, when it comes to Gold, Exness takes the lead with narrower spreads. Collectively, both brokers present a value proposition for traders by offering cost-effective trading solutions without any commission fees.
Account Types
| Feature | Tickmill | Exness |
|---|---|---|
| Account types |
|
|
Tickmill presents three account types: Classic (spread-only), Pro (commission-based), and VIP (for high-volume traders with tailored conditions). In contrast, Exness offers a Standard Cent Account for small traders, a Standard Account, and a Professional ECN Account with raw spread and commission charges. Muslim traders might prefer Tickmill for its Sharia-compliant Islamic account.
Markets & Instruments
| Markets & Instruments | Tickmill | Exness |
|---|---|---|
| Forex | 60+ | 100 |
| Indices | 20+ | 10 |
| Commodities | 6 | 6 |
| Cryptocurrencies | 9 | 27 |
| Shares | ❌ | ❌ |
| Bonds | 4 | ❌ |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ❌ | ❌ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | ❌ | ❌ |
Both brokers cater to similar trading markets, including Forex, Crypto, Indices, and Commodities. However, Tickmill has the added advantage of offering Bonds. Despite these offerings, the range of instruments provided by both brokers is relatively limited.
Trading Platforms
| Feature | Tickmill | Exness |
|---|---|---|
| Platforms |
|
|
Both brokers provide a comparable suite of trading platforms, including their proprietary platforms meticulously crafted with exclusive features tailored for their clientele. Additionally, they support the industry-standard MT4 and MT5 platforms, along with WebTrader for seamless online trading experiences.
Deposit & Withdrawal Methods
| Feature | Tickmill | Exness |
|---|---|---|
| Payment methods |
|
|
Tickmill boasts a diverse range of funding options, encompassing bank wire transfers, various e-wallets, and even bitcoin transfers. Conversely, Exness provides a more constrained selection, mainly focusing on e-wallets, credit/debit cards, and bank transfers.
Others
| Feature | Tickmill | Exness |
|---|---|---|
| Others |
|
|
Both Tickmill and Exness deliver first-class customer service across various communication mediums, underscoring their commitment to client satisfaction. While both maintain professional standards, Exness distinguishes itself with 24/7 support. Additionally, each broker boasts robust educational resources, encompassing tools, videos, and webinars, underscoring their dedication to fostering an informed and evolving trading community.
Conclusion on Exness vs Tickmill
Concluding our Tickmill vs Exness Review, both brokers emerge as reliable choices for global trading solutions. Their offerings are quite parallel, especially concerning trading conditions, fees, and account structures. Trading costs are comparably aligned, accompanied by similar instrument selections. Nevertheless, Tickmill slightly outpaces with its more competitive spreads and the availability of an Islamic Account. Here is our final recommendation:
- Tickmill – 🥇Best Low Spread Trading Broker for offering a seamless and feature-rich experience.
- Exness – 🥇Best Broker for Trend Trading offering good choice of trading tools and great trading conditions.
