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Tickmill VS IG

Compare Tickmill VS IG and see what are their differences

TradingJournal
TradingJournal is a modern trade tracking app that helps traders understand their performance, reduce emotional mistakes, and optimize strategies. With risk analysis, pattern detection, and visual insights. Free and ad-free. featured
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Tickmill logo Tickmill

Tickmill is a website that acts as a forex trading platform, allowing investors to trade up to $1 million by using MT4 and MT5.

IG logo IG

IG is an easy-to-use website that provides you a platform to invest and trade in an online market instrument like FX, Crypto-currencies, Shares, Commodities, Bonds and Rates, and ETFs.
  • Tickmill Landing page
    Landing page //
    2021-07-01
  • IG Landing page
    Landing page //
    2023-08-17

Tickmill features and specs

  • Low Trading Costs
    Tickmill offers competitive spreads and low commission fees, which can be advantageous for traders looking to minimize their trading costs.
  • Regulation and Security
    Tickmill is regulated by multiple reputable financial authorities, including the FCA in the UK, CySEC in Cyprus, and the FSA in Seychelles, providing a secure trading environment.
  • Range of Trading Instruments
    The platform offers a wide variety of trading instruments including forex, indices, commodities, and bonds, giving traders ample opportunities to diversify their portfolios.
  • Advanced Trading Platforms
    Tickmill supports popular trading platforms like MetaTrader 4 and MetaTrader 5, known for their advanced charting tools and automation capabilities.
  • Education and Resources
    Tickmill provides educational resources, such as webinars and tutorials, which can be beneficial for both new and experienced traders looking to improve their skills.

Possible disadvantages of Tickmill

  • Limited Cryptocurrency Options
    Tickmill has a limited selection of cryptocurrencies compared to some other brokers, which might not be sufficient for traders focused on digital currencies.
  • No US Clients
    Tickmill does not accept clients from the United States due to regulatory reasons, limiting access for US-based traders.
  • High Minimum Deposit for Some Account Types
    While the minimum deposit is relatively low for basic accounts, certain account types require higher initial deposits, which may not be ideal for all traders.
  • Limited Proprietary Platform
    Tickmill does not offer a proprietary trading platform and relies on third-party platforms, which may lack customization options for some traders.

IG features and specs

  • Wide Range of Products
    IG offers a comprehensive suite of trading products including forex, indices, shares, commodities, cryptocurrencies, and more, providing traders with diverse opportunities.
  • Regulatory Compliance
    As a UK-based company, IG is regulated by the Financial Conduct Authority (FCA) and other global financial regulatory bodies, ensuring a high level of security and trust for its clients.
  • Advanced Trading Platforms
    IG provides powerful trading platforms like the IG Trading platform and MetaTrader 4, which come with advanced charting tools, technical indicators, and various order types for both beginner and advanced traders.
  • Educational Resources
    Offers an extensive range of educational materials including webinars, seminars, and articles to help traders enhance their knowledge and improve their trading skills.
  • User-Friendly Interface
    The platform's interface is clean, intuitive, and easy to navigate, making it accessible for users at various levels of trading experience.

Possible disadvantages of IG

  • High Fees for Certain Products
    IG's fees can be relatively high for some products, such as share trading, which may deter cost-conscious traders.
  • Not Available in All Countries
    IG's services are not available in certain countries, which limits accessibility for some international traders.
  • Limited Cryptocurrency Offering
    Compared to some other platforms, IG offers a limited selection of cryptocurrencies, which might not satisfy traders interested in a wider range of digital assets.
  • Inactivity Fees
    IG charges an inactivity fee on accounts that have not been active for a certain period, which could be a disadvantage for infrequent traders.
  • Complexities in Understanding Spread Betting and CFDs
    For beginners, understanding the intricacies of IG's spread betting and CFD products can be complex, which might lead to confusion or misinformed trading decisions.

Tickmill videos

+ Add

Tickmill review 2021 - Reviews & Ratings, [Pors & Cons]

More videos:

  • Review - Tickmill Review: Scam Broker? Safe For Forex Trading?
  • Review - Tickmill Review 2021/ Real Customer Reviews

IG videos

+ Add

IG Broker 3 Minute Review

More videos:

  • Review - IG BROKER REVIEW | What are the HIDDEN fees all need to know?!
  • Review - IG Trading – What To Be Aware Of (DON'T Be Fooled)

Category Popularity

0-100% (relative to Tickmill and IG)

Tickmill

IG

Investing
56 56%
Investing
44% 44
Finance
51 51%
Finance
49% 49
Trading
51 51%
Trading
49% 49
Business & Commerce
49 49%
Business & Commerce
51% 51

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Tickmill and IG

Tickmill Reviews

We have no reviews of Tickmill yet.
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IG Reviews

Pepperstone vs IG UK Broker Comparison
IG isn’t exactly shy with fees, but they do offer value for money. Forex spreads start at 0.6 pips, which isn’t bad but not quite as tight as Pepperstone’s Razor account. If you’re trading share CFDs, you’ll pay £10 per side, so equities fans may want to factor that in. IG also charges a £12/month inactivity fee after two years, so don’t ghost your account for too long.
Source: tradingbrokers.co.uk
IG vs City Index UK Broker Comparison
While it may seem like a clean sweep for IG, it’s worth keeping in mind that City Index is one of the best brokers in the UK. It towers above most ordinary brokers in terms of platforms, spread betting offerings, range of instruments (over 13000!) and general usability. IG is no challenger, they are the best broker in the UK for a reason and even against stiff competition...
Source: tradingbrokers.co.uk
IG vs Pepperstone: Broker Comparison
IG: Offers over 17,000 instruments, including forex, indices, shares, ETFs, commodities, and cryptocurrencies. The sheer range of markets is unmatched, making IG a versatile choice for multi-asset traders.
Source: spreadbet.ai
Best Forex Brokers: Top 5 Most Authentic FX Brokers Of 2022
IG US charges zero initial commission on trades. Their spread costs and low fees make it easier for traders to start trading on IG US.
Source: theislandnow.com
Best Forex Trading Platforms: Most Famous Forex Brokers & Traders of 2021
The IG group was established in 1974 and, since then, has enabled all clients to trade the global currency markets via spot forex trading with leverage and low trading fees. This reputable broker gives you access to opportunities in raising and falling global markets. As a leading forex broker, IG offers an intuitive trading platform and a suitable mobile app that gives you...
Source: washingtoncitypaper.com

What are some alternatives?

When comparing Tickmill and IG, you can also consider the following products

FXTM - FXTM Trader – Forex Trading app enables users to find a broker so they can do online trading using an extensive collection of more than 250 different financial instruments.

XTB - Leading European FX & CFDs brokerage Group

Pepperstone - Pepperstone is a website that offers an uncompromising level of service for all the clients who are trading with global FX and CFD brokers.

Vantagemarkets - Vantage is a regulated CFD broker, providing traders with access to the global Forex market through top tier FX liquidity providers.

Axi - Axitrader is an online trading platform that provides allow you to become a forex trader with the help of currency pairs, symbol and standard presentation, and leverage.

Plus500 - Europe’s #1 CFD Trading Platform (by number of new traders in 2018). Trade the world’s most popular markets: CFDs on Forex, Cryptocurrencies, Shares, Commodities, Indices, ETFs & Options.

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