Written by ForexBrokers.com
In this head to head comparison of Swissquote vs Tickmill, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Swissquote, founded in 1996, stands out in the online brokerage field with its strong trust rating and extensive regulatory coverage. As a publicly traded bank, Swissquote holds an impressive five Tier-1 licenses and one Tier-2 license, achieving a top Trust Score of 99 from ForexBrokers.com. This high level of trust and regulation underscores Swissquote's commitment to providing a secure trading environment for its users.
Tickmill, established in 2014, offers a different profile with a focus on maintaining trusted regulatory standards. While not publicly traded and not a bank, Tickmill holds two Tier-1 licenses and two Tier-2 licenses, earning a Trust Score of 86, which labels it as trusted according to ForexBrokers.com. For traders seeking a dealer with a solid reputation but perhaps less extensive regulation than Swissquote, Tickmill presents a viable option.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Year Founded | 1996 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing the commissions and fees of online brokers Swissquote and Tickmill, there are notable differences reflecting their contrasting approaches to pricing. Swissquote centers its appeal around the stability of managing an account with a reputable Swiss bank, yet this comes with slightly higher trading costs. The U.K. branch of Swissquote offers lower trading fees compared to its Swiss and Luxembourg entities, with various account options catering to different deposit thresholds. In the U.K., active traders may find the Elite account appealing due to its comparatively lower spreads and $5 charge per round-turn trade, although its Standard and Prime accounts offer reasonable spreads at higher deposit amounts. Swissquote's fees across its locations tend to be higher than budget brokers, earning a 3.5-star rating and placing it at rank #52 out of 62 brokers for commissions and fees.
Conversely, Tickmill offers attractively low commissions and fees, making it a popular choice especially for active traders. The introduction of its Raw account, replacing the previous Pro account, maintains competitive trading costs despite a recent increase in commissions to $3 per side or $6 per standard lot. The Classic account is commission-free but involves higher spreads, with typical spreads for the Raw account at 0.71 pips including commission. With a minimal deposit requirement of $100, Tickmill provides a cost-effective and versatile option, particularly for those utilizing algorithmic trading, standing out with a 5-star rating and securing the #4 position in the same category of brokers.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Minimum Deposit | $1000 | $100 |
| Average Spread EUR/USD - Standard | N/A | 0.51 |
| All-in Cost EUR/USD - Active | N/A | 0.31 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Swissquote and Tickmill, there are notable differences that cater to diverse trading preferences. Swissquote provides a total of 472 tradeable symbols, including an expansive selection of 80 forex pairs. They stand out in offering access to exchange-traded securities on both U.S. and international exchanges, allowing investors to acquire shares of companies such as Apple and Vodafone. Additionally, Swissquote provides the option to purchase actual cryptocurrencies as well as engage in cryptocurrency derivatives, along with the opportunity to participate in copy trading. Due to its comprehensive offerings, Swissquote has earned a strong rating of 5 stars and ranks second among 62 brokers for its range of investments.
On the other hand, Tickmill presents a broader scope of 725 tradeable symbols, albeit with fewer forex pairs, totaling 63. Unlike Swissquote, Tickmill does not offer trading in exchange-traded securities on U.S. or international exchanges, focusing its strengths elsewhere. While Tickmill does not support the purchase of actual cryptocurrencies, it does allow for trading in cryptocurrency derivatives. Similar to Swissquote, Tickmill offers copy trading features. Despite having a wide range of symbols, Tickmill is rated 3.5 stars and holds the 42nd position in the Range of Investments category as per ForexBrokers.com’s rankings.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 725 |
| Forex Pairs (Total) | 80 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing Swissquote and Tickmill, both brokers offer quality trading platforms and tools designed for various trading needs. Swissquote stands out with its proprietary platform, developed in-house, alongside popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It provides access on Windows desktop and web-based platforms. Tickmill, although lacking a proprietary platform, offers MT4 and MT5 on both Windows and browser interfaces as well. Both brokers make trading accessible with free virtual demo accounts, allowing users to practice and hone their strategies.
For traders interested in advanced charting options, Swissquote delivers a comprehensive set of 75 drawing tools, significantly more than Tickmill's 15, and allows trading directly from the chart. Additionally, Swissquote provides more flexibility in organizing market data with 11 columns available for watch lists compared to Tickmill's 7. While both brokers support copy trading features, neither offers DupliTrade or ZuluTrade. Overall, Swissquote earns a higher rating for its trading platforms and tools, with a 4.5-star rating and ranking 11th out of 62 brokers by ForexBrokers.com, compared to Tickmill's 4-star rating and 32nd place. This makes Swissquote a well-rounded choice for those seeking robust and varied trading tools.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Drawing Tools (Total) | 75 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and Tickmill both provide mobile trading apps for iPhone and Android users, catering to traders on the go. Each platform offers essential features like stock and forex price alerts, the capability to draw trendlines, and multiple time frame views on charts. Both apps allow users to create watchlists with real-time quotes, although neither supports watchlist symbol syncing across devices. With 30 technical studies available for charting, each app provides analytical tools that cater to the strategic needs of traders.
When evaluating user ratings and rankings, Swissquote edges out Tickmill with a 4.5-star rating compared to Tickmill's 4-star rating for mobile trading apps. Additionally, Swissquote holds a superior ranking of #10 in the Mobile Trading Apps category according to ForexBrokers.com out of 62 brokers, while Tickmill is ranked #31. Despite the similarities in available features, Swissquote's higher rating and ranking may appeal to traders prioritizing mobile app performance and user satisfaction.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Swissquote and Tickmill both provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, they differ when it comes to technical analysis tools. Swissquote offers tools from Autochartist, known for their technical and fundamental research capabilities, while Tickmill does not provide Autochartist resources. Conversely, Tickmill boasts a sentiment-based trading tool, displaying long and short positions across various instruments, a feature Swissquote lacks.
Both brokers offer an economic calendar to track global news events but differ in their supplementary research tools. Tickmill includes tools from Acuity Trading, like Signal Centre, adding an extra layer for research, whereas Swissquote does not. Despite these differences, both brokers are rated four stars for their research offerings. In terms of ranking, Swissquote is positioned at 16th, while Tickmill stands at 21st out of 62 brokers, according to ForexBrokers.com.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, both Swissquote and Tickmill provide comprehensive offerings in forex and CFDs education. They each offer a minimum of ten educational pieces, such as articles, videos, and archived webinars, focused on forex or CFDs. These platforms also host online client webinars at least once a month, complemented by a searchable archive of these sessions so learners can catch up on any missed content. For those starting their trading journey, both companies provide at least ten educational videos specifically tailored for beginners, ensuring accessible learning.
In addition to beginner resources, Swissquote and Tickmill also cater to more experienced traders by offering advanced educational videos, each with at least ten sophisticated sessions. To further support their users, these brokers provide an investor dictionary packed with definitions of over 50 investing terms. Both platforms are rated four stars for their educational provisions. However, in rankings by ForexBrokers.com, Tickmill is placed a bit higher at #15 compared to Swissquote's position at #21 out of 62 brokers, suggesting a slightly broader appeal or recognition in their educational services.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than Tickmill. Swissquote finished with an overall rank of #11, while Tickmill finished with an overall rank of #22.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 86 |
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Swissquote allows investors to buy both actual cryptocurrencies and cryptocurrency derivatives, while Tickmill solely provides options for purchasing cryptocurrency derivatives.
When comparing online brokers Swissquote and Tickmill, Swissquote offers a wider range of funding options by supporting ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, while Tickmill provides similar flexibility with options like PayPal, Skrill, Visa or Mastercard, and bank wires but lacks ACH or SEPA transfer capabilities.
Please note:
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.
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0 of 5| Overall Rating | Swissquote | Tickmill | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Tickmill Review |
| Broker Screenshots | Swissquote | Tickmill | |
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| Regulation | Swissquote | Tickmill | |
|---|---|---|---|
| Trust Score | 99 | 86 | |
| Year Founded | 1996 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Tickmill | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 725 | |
| Forex Pairs (Total) | 80 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Swissquote | Tickmill | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.51 | |
| All-in Cost EUR/USD - Active | N/A | 0.31 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Tickmill | |
|---|---|---|---|
| Minimum Deposit | $1000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Swissquote | Tickmill | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Drawing Tools (Total) | 75 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | Tickmill | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Swissquote | Tickmill | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Tickmill | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Swissquote | Tickmill | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review | Tickmill Review |
| Overall | Swissquote | Tickmill | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Tickmill Review |
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