Tickmill vs Trade360 2024

Tickmill is not publicly traded and does not operate a bank. Tickmill is authorised by two Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). Tickmill is authorised by the following Tier-1 regulators: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system.

Trade360 is not publicly traded and does not operate a bank. Trade360 is authorized by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 (High Risk). Trade360 is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC) and regulated in the European Union via the MiFID passporting system.

Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.

Trade360 offers over a thousand symbols on its innovative app for web and mobile. It also supports MetaTrader 5 (MT5), making it a versatile platform for forex and CFD trading. That said, Trade360’s market research and educational content are limited, and spreads are fairly expensive compared to peers.

To open a trading account with Tickmill, you'll need to make an initial minimum deposit of $100.

Trade360 requires a minimum deposit of $250 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both Tickmill and Trade360 offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Tickmill offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Both Tickmill and Trade360 hold 2 global Tier-1 licenses. Tickmill holds 2 global Tier-2 licenses, while Trade360 holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Tickmill (86) earned a higher Trust Score than Trade360 (76).

To compare the trading platforms of both Tickmill and Trade360, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Tickmill offers a better experience. With research, Tickmill offers superior market research. Finally, we found Trade360 to provide better mobile trading apps.

Here’s what trading platforms are available at Tickmill:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at Trade360:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - No
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Tickmill offers MetaTrader 4 (MT4), while Trade360 does not. Forex traders also appreciate the ability to engage in social copy trading. Tickmill and Trade360 both offer copy trading.

Tickmill provides traders 63 currency pairs (e.g., EUR/USD) compared to Trade360's 49 available pairs. If you are interested in trading a full range of securities, Trade360 offers traders access to 1062 tradeable symbols, while Tickmill offers access to 725 tradeable symbols; so Trade360 offers 337 more tradeable symbols than Tickmill.

We found in our testing that Trade360 offers a more diverse selection of investment options than Tickmill, allowing you to trade both brokers allow traders to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Int'l Stock Trading (Non CFD), Cryptocurrency (Physical) and Spread Betting.