Tickmill versus XM

Tickmill offers traders the 13-plugin Advanced Trader Toolkit, a competitive MT4/MT5 upgrade, resulting in a cutting-edge trading experience. It also has the Autochartist plugin, the Acuity Trading Tool, providing sentiment analysis from the Dow Jones news feed, and Myfxbook AutoTrade and Pelican Trading, third-party social trading providers.

The MT4/MT5 trading platforms also receive a much-needed upgrade at XM but to a lesser extent. It shines with its balanced asset selection, excellent order execution, low minimum deposits, generous bonuses, and low-cost commission-free pricing environment, as confirmed by 5M+ traders from 190 countries.

Both brokers offer quality education and market research, but XM presents a more mature product and services portfolio.

I have conducted an in-depth review of Tickmill and XM to determine which one presents the better overall choice and which traders will benefit the most at either broker.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Tickmill versus XM - Verdict

Features and Platforms

Features & Platforms	XM (visit site)	Tickmill (visit site)
Headquarter:	Belize	Seychelles
Established :	2009	2014
Retail Loss Rate:	75.59%	70.00%
Regulation:
Minimum Deposit:	$5	$100
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$5 monthly after 90 days
Deposit Fee:	Third-Party	Third-Party
Withdrawal Fee	Third-Party	Third-Party
Funding Methods:	25+	10
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	Low trading costs	Outstanding trading costs
Unique Feature Two:	Excellent order execution	Quality research and education
Broker Offers:	See what XM offers	See what Tickmill offers

Noteworthy:

High-frequency traders receive a better volume-based reward program at XM versus Tickmill. Instead of an inactivity fee, Tickmill closes dormant accounts with an account balance of less than $10 and donates the proceeds to charity.

Available Markets

Tickmill covers most sectors following its recent expansion. Rather than offering traders broad-based exposure, only a limited choice of assets is offered. This can suffice as a sector introduction for beginners and focused strategies. Forex traders get the best market breadth at XM, which takes the overall lead due to its balanced equity-focused asset selection.

Typical Spreads and Fees

Both brokers offer Forex traders competitive pricing environments, Tickmill with a commission-based cost structure and XM with commission-free trading. Equity trading remains commission-free at Tickmill, while XM charges the industry-standard 0.10%. Traders can achieve lower core trading costs at Tickmill, but high-volume, high-frequency traders lower overall fees at XM.