No data
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Do you want to know which is the better broker between FOREX.com and Tickmill ?
In the table below, you can compare the features of FOREX.com , Tickmill side by side to determine the best fit for your needs.
Long: -0.73
Short: 0.12
Long: -4.25
Short: 2.12
EURUSD: 0.2
XAUUSD: 1.6
Long: -6.14
Short: 2.69
Long: -32.81
Short: 22
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of forex-com, tickmill lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex.com is a major player in forex trading, providing various options including currencies, commodities, indices, and cryptocurrencies. Their platforms, like the popular MetaTrader 4, are available worldwide to meet different trader preferences. Backed by robust regulation and a strong focus on security, Forex.com is a favored choice for professionals looking for an all-encompassing trading experience. Now, let's delve deeper to verify if Forex.com lives up to its reputation.
Quick Forex.com Review in 10 Key Points | |
Registered in | USA |
Regulated by | FCA (UK), IIROC (Canada), NFA(USA), ASIC (Australia), and CySEC (Cyprus), MAS ( Singapore), CIMA ( Cayman Islands) |
Year(s) of incorporation | More than 20 years |
Market instruments | currency pairs, precious metals, energies, indices, bonds, cryptocurrencies and equities |
Minimum initial deposit | $100 |
Maximum leverage | Variant |
Minimum spread | Floating |
Trading platform | Forex.com and MT5 |
Deposit and withdrawal methods | credit card (Visa, Mastercard, Maestro), bank wire transfer, Skrill and Neteller |
Customer Service | E-mail address/live chat |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Pros | Cons |
|
|
|
|
|
|
|
|
|
|
|
|
|
Forex.com is one of the most respected and trusted forex brokers in the foreign exchange trading industry. Founded in 2001, Forex.com is a global company licensed and regulated by several reputable regulatory authorities, including ASIC in Australia, FCA in the United Kingdom, FSA in Japan, NFA in the United States, IIROC in Canada, CIMA in the Cayman Islands and MAS in Singapore. These regulators are known for their strict compliance and oversight requirements, which means that Forex.com is required to meet high ethical and operational standards to protect its clients and ensure the safety of their funds.
In the following article, we will analyze the characteristics of this broker in all its dimensions, offering you easy and well-organized information. If you are interested, read on.
Pros | Cons |
Offers tighter spreads | Acts as counterparty in the operations of its customers |
Guarantees the execution of operations under normal market conditions. | There may be conflicts of interest |
Can offer a greater amount of liquidity and depth in the marketplace | Traders do not have direct access to the interbank market. |
Offers an easy to use and customizable trading platform | Traders may prefer ECN or STP brokers. |
Forex.com is a worldwide forex broker offering online trading services in multiple markets, including forex, indices, commodities, cryptocurrencies and stocks.
Forex.com is a Market Maker broker, which means that it acts as a counterparty to its clients' trades, rather than sending trades to the interbank market. As such, Forex.com can offer tighter spreads and guarantee execution of trades under normal market conditions. However, some traders may prefer ECN or STP brokers, which send trades directly to the interbank market and do not act as a counterparty to their clients.
Yes, Forex.com operates legally. Forex.com, a globally recognized broker, is part of an international holding company regulated by reputable authorities worldwide, including the FCA (UK), IIROC (Canada), NFA(USA), ASIC (Australia), and CySEC (Cyprus), MAS ( Singapore), CIMA ( Cayman Islands).
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
ASIC | STONEX FINANCIAL PTY LTD | Market Making(MM) | 345646 | |
FCA | Gain Capital UK Limited | Market Making(MM) | 113942 | |
FSA | GAIN Capital Japan Co., Ltd | Retail Forex License | 関東財務局長(金商)第291号 | |
NFA | GAIN CAPITAL GROUP LLC | Market Making(MM) | 0339826 | |
IIROC | GAIN Capital - FOREX.com Canada Ltd. | Market Making(MM) | Unreleased | |
CIMA | GAIN Global Markets, Inc | Market Making(MM) | 25033 | |
MAS | STONEX FINANCIAL PTE. LTD. | Retail Forex License | Unreleased |
Forex.com's Australian entity, STONEX FINANCIAL PTY LTD, regulated by the ASIC in Asutralia under regulatory number 345646, holding a license for Market Making(MM).
Forex.com's UK entity, Gain Capital UK Limited, regulated by tier-one regulatory FCA under regulatory number 113942, holding a license for Market Making(MM).
The entity based in Japan, GAIN Capital Japan Co., Ltd, regulated by FCA under regulatory number 関東財務局長(金商)第291号, holding a license for Retail Forex License.
GAIN CAPITAL GROUP LLC, the US entity, regulated by the NFA under regulatory number0339826, holding a license for Market Making(MM).
Candian entity, GAIN Capital - FOREX.com Canada Ltd., is regulated by the IIROC, holding a license for Market Making (MM), with license unreleased.
GAIN Global Markets, Inc, another entity in the Cayman Islands, regulated by CIMA under regulatory number 25033, holding a license for Market Making (MM).
STONEX FINANCIAL PTE. LTD., the entity in Singapore, regulated by the MAS in Singapore, holding a license for retail forex.
Pros | Cons |
It offers a wide variety of trading instruments, allowing traders to find opportunities in different markets. | Offering a wide variety of trading instruments, it can be overwhelming for traders who are new to the market and do not have experience in all available markets. |
Diversification of trading instruments can help traders manage the risk of their portfolios. | Some trading instruments may have higher costs in terms of spreads or commissions, which may reduce the profitability of trades. |
Forex.com offers a variety of market analysis and education tools to help traders make informed decisions about trading instruments. | Traders may find that the variety of trading instruments may be too wide, making it difficult to identify profitable trading opportunities. |
Forex.com offers a wide variety of trading instruments, including currency pairs, precious metals, indices, futures and options, stocks. Traders have a wide range of options to choose from and can find opportunities in a variety of markets.
The minimum deposit amount required to register a Forex.com Standard live trading account is $100 USD, which is quite friendly to most investors.
Here is the table showing the comparison of Forex.com minimum deposit with other brokers:
Broker | Minimum Deposit |
$100 | |
$10 | |
$5 | |
$200 |
Pros | Cons |
Demo account available for risk-free practice | No Islamic account offered for traders who follow Shariah law |
Offers two account types to suit different trading needs | The standard account has wider spreads compared to the MT5 account. |
The standard account is ideal for traders looking for a wide variety of advanced charting tools and a wide selection of markets. | MT5 account can be more complex for beginner traders |
Both accounts offer access to Forex.com's award-winning, technologically advanced and easy-to-use trading platform. | The MT5 account has a more limited selection of markets to trade compared to the standard account. |
Customers can switch between the two accounts at any time to meet their business needs. | The standard account does not offer multi-asset class trading, like the MT5 account. |
Forex.com offers its clients two types of trading accounts: the standard account and the MT5 account. The standard account is ideal for traders looking for a wide range of advanced charting tools with more than 80 technical indicators and a wide selection of markets to trade with competitive spreads starting from 0.8 pips on the EUR/USD currency pair. In addition, this account does not charge commissions on over 300 markets. On the other hand, the MT5 account is ideal for traders looking for up-to-date tools and analysis, multi-asset class trading, expert advisors and custom indicators. Both accounts offer access to Forex.com's award-winning, technologically advanced and easy-to-use trading platform. In addition, clients can switch between the two accounts at any time to suit their trading needs.
Forex.com provides beginners with demo accounts, allowing them to practice in a real trading setting without any financial risks. Demo accounts come with $50,000 in virtual funds and are active for 30 days from the time of registration. Please be aware that once this period ends, you won't be able to access the demo account with the same login details. Notably, each email address can only be used to open one demo account for each type, whether it's on FOREX.com platforms or MetaTrader.
With Forex.com demo accounts, you can enjoy the following features:
$50,000 virtual funds
Demo accounts active for 30 days
Access to 80+ tradable FX pairs, plus gold and silver
Using customizable charts
Here is the simple demo account sign-up process for you to follow:
Step 1: click the “Free Demo Account” button on the “Account” Navigation section;
Step 2: Fill in your full name, email and phone number in the form, and then click “ I'm not a robot” for verification.
Step 3: After a simple registration, you can use the demo account and start trading.
Pros | Cons |
Low spreads on a wide range of instruments | Spreads can be variable and can widen during periods of high volatility. |
Low commissions for stock trading | Forex.com is a Market Maker broker, which means that there may be a conflict of interest. |
Average speed of fast execution | It does not offer trading accounts with variable spreads. |
Very low spreads on the EUR/USD currency pair | Some traders may prefer ECN or STP brokers that send trades directly to the market. |
Low spreads for spot oil trading | |
Low spreads for gold trading |
Forex.com offers competitive spreads and low commissions on a wide range of trading instruments. Spreads for the EUR/USD currency pair start from as low as 0.018 pips, which is very low compared to other brokers. In addition, spreads for the Germany 40 and UK 100 indices start from 1 pip, and commissions for trading stocks start from 0.1%. Traders can also trade spot oil with spreads starting from 0 pips, which can be very attractive for those interested in commodity trading. In addition, the average trade execution speed on Forex.com is 0.04 seconds, which means that traders can expect fast execution of their trades. Finally, spreads for gold start as low as 0.15 cents, which can be very attractive for traders looking to trade the precious metals markets.
Pros | Cons |
Forex.com's MT5 platform is fast and offers a wide range of technical analysis tools and resources. | Some traders may prefer other popular platforms such as MetaTrader 4. |
The MT5 platform can be customized to each trader's preferences. | Traders who prefer a simpler platform may find the Forex.com platform a bit overwhelming. |
The Forex.com platform is easy to use and designed to provide an intuitive trading experience. | The Forex.com platform is not as advanced as MT5 and may not be suitable for more experienced traders looking for more advanced tools. |
Forex.com offers its clients the MT5 trading platform, one of the most popular and advanced trading platforms on the market. MT5 is known for its fast order execution and wide range of technical analysis tools and resources. In addition, traders can customize the platform according to their needs and preferences.
In addition to MT5, Forex.com also offers its own trading platform, the Forex.com platform. This platform is easy to use and is designed to provide an intuitive and customizable trading experience. The Forex.com platform features advanced trading tools, real-time charting and a wide range of technical indicators, making it a good choice for traders of all experience levels.
Margin on Forex.com is a financial requirement that traders must meet in order to maintain their open positions. The margin requirement varies by platform (FOREX.com or MetaTrader), market, asset class and position size. Each instrument on Forex.com has its own margin information that can be found on the market information sheet on the FOREX.com platforms. To calculate the margin required to open a position, simply multiply the total nominal value of the trade (quantity x instrument price) by the margin factor. Traders can use the platform's margin calculator to find out the margin required before opening a position. In addition, Forex.com allows monitoring the margin requirements of each position individually and reviewing the total margin requirement of the account through the Margin Indicator. It is important to remember that the margin requirement may change over time as market prices fluctuate.
Forex.com offers negative balance protection on all of its trading accounts. This means that clients cannot lose more money than they have in their account, providing an additional layer of security and peace of mind in trading. In the event that an extreme market situation occurs and a position moves against the client, Forex.com will automatically close the position before the account balance falls below zero. This protection helps limit risk for clients and is an important feature to consider when choosing a forex broker.
Forex.com offers several payment methods for depositing and withdrawing funds, such as credit card (Visa, Mastercard, Maestro), wire transfer, Skrill and Neteller. Deposits are processed within 24 hours, which means traders can start trading quickly. Withdrawals are also fast, usually taking 1-2 business days to process. It is important to note that Forex.com does not charge any additional fees for deposits or withdrawals, but payment service providers may impose their own fees.
Forex.com offers a wide variety of tools and resources to help traders make informed decisions, including technical analysis, economic calendars, real-time news, free webinars and seminars, and a free demo account to practice and improve trading skills.
Forex.com offers exceptional customer service, with 24-hour support in multiple languages via live chat, email and address. In addition, the broker has an extensive online help center covering topics from account opening to trade execution and risk management. It also offers a news and analysis section, which includes an economic calendar and real-time market news, allowing clients to stay informed and make informed decisions. Overall, Forex.com demonstrates a strong commitment to customer satisfaction and provides all the tools necessary for traders to succeed in their trading experience.
E-mail: support@forex.com
Address: 30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, USA
In summary, Forex.com is a well-regulated and respected broker with a wide variety of trading instruments and easy-to-use trading platforms. With its solid reputation in the industry and its focus on security and protection of client funds, Forex.com is an attractive option for traders looking for a reliable and secure broker.
Q: Does Forex.com offer a demo account for practice?
A: Yes, Forex.com offers a free demo account for traders who want to practice before trading with real money. The demo account offers full access to the trading platforms and market analysis tools for a limited period of time.
Q: What is the minimum deposit to open an account at Forex.com?
A: The minimum deposit to open a Forex.com account varies depending on the type of account the trader chooses and the trader's location. In some cases, it can be as low as 10 0 dollars.
Q: Does Forex.com charge commissions for trades?
A: Forex.com charges commissions for some trades, such as stock trading. However, it does not charge commissions in most markets. Instead, Forex.com earns profits through the spread between the bid and ask prices of assets.
Q: Does Forex.com have any kind of training or education program for traders?
A: Yes, Forex.com offers a wide variety of educational resources for traders of all levels, including live webinars, seminars, trading guides, articles and educational videos.
Q: What payment methods does Forex.com accept?
A: Forex.com accepts various payment methods, including credit and debit cards, bank transfers, as well as electronic payment systems such as Skrill and Neteller. Processing times and deposit and withdrawal limits may vary depending on the method chosen and the trader's location.
Tickmill Review Summary in 10 Points | |
Founded | 2014 |
Headquarters | London, UK |
Regulation | FCA, CySEC, FSCA, LFSA |
Market Instruments | Forex, stock indices, stocks & ETFs, bonds, commdities, cryptos, futuires & options |
Demo Account | Available |
Copy Trading | Yes |
Leverage | 1:1-1:500 |
Spread from | 1.6 pips (Classic) |
Trading Platforms | MT4, MT5, Tickmill Mobile App |
Minimum deposit | $/€/£/R100 |
Customer Support | Live chat, phone, email, social media, FAQ |
Bonus | A $30 welcome bonus |
Tickmill, the trading name of Tickmill Group of companies, is a regulated global forex and CFD brokerage company established in 2014, headquartered in London, UK. Tickmill offers trading in forex, stock indices, stocks & ETFs, bonds, commdities, cryptos, futuires & options, and provides clients with two choices of trading accounts, which are the Classic account and the Raw account. Tickmill also offers MetaTrader4/5 and proprietry mobile app platforms for trading, as well as a range of trading tools and educational resources.
Tickmill operates as a no dealing desk (NDD) broker. This means that the broker doesn't take the other side of clients' trades but instead passes them on to liquidity providers. Tickmill offers both retail and institutional trading services and provides access to a wide range of financial instruments. They also offer various trading platforms and account types to suit different trading styles and needs.
Pros | Cons |
• Regulated by multiple reputable authorities | • Regional restrictions |
• Tight spreads and low commissions | • No 24/7 customer support |
• Wide range of trading platforms | |
• Access to a variety of markets | |
• Negative balance protection | |
• Multiple account types to suit different traders | |
• Rich educational resources |
Tickmill is a reputable and reliable broker that offers competitive trading conditions and a wide range of trading instruments. Its low spreads and fees, multiple account types, various trading platforms and rich tarding tools and educational resources are attractive to traders of all levels.
However, Tickmill is not available in all countries, and their customer support operates within specific working hours. It's important for potential users to verify these details ahead of registration.
Nonetheless, its overall transparency, security, and quality of service make it a popular choice among traders worldwide.
Tickmill is a regulated broker that holds licenses from respected financial authorities, including Financial Conduct Authority (FCA, No. 717270), Cyprus Securities and Exchange Commission (CYSEC, No. 278/15), Financial Sector Conduct Authority (FSCA, No. 49464), and Labuan Financial Services Authority (LFSA, No. MB/18/0028).
This indicates that it complies with the required regulations and standards to provide financial services to their clients. Additionally, Tickmill has been in operation since 2014 and has gained a good reputation in the industry, which suggests that they are a legitimate broker.
Tickmill uses segregated accounts to keep client funds separate from its operational funds, which provides an additional layer of protection in case of the company's insolvency.
Tickmill also uses advanced security protocols and encryption technology to protect clients' personal and financial information.
The company also offers negative balance protection, which ensures that clients cannot lose more than their account balance, and it has a compensation scheme in place that can provide additional protection to eligible clients in case of the company's insolvency.
More details can be found in the table below:
Protection Measure | Detail |
Regulation | FCA, CySEC, FSCA, LFSA |
Segregated Accounts | Client funds are held in segregated accounts, separated from the company's operating funds |
Negative Balance Protection | Ensuring clients' accounts cannot go below zero |
Investor Compensation Scheme | Clients are covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person in the event of the broker's insolvency |
SSL Encryption | Protecting clients' personal and financial information from unauthorized access |
Two-Factor Authentication | To add an extra layer of security to clients' accounts |
Anti-Money Laundering Policy | To prevent money laundering and other illegal activities |
Privacy Policy | Ensuring clients' personal information is kept confidential and used only for legitimate purposes |
Note that this table is not exhaustive and there may be other protections or security measures in place at Tickmill.
Our Conclusion on Tickmill Reliability:
Based on the information available, Tickmill appears to be a reliable and trustworthy broker. It is regulated by reputable authorities, has been in operation for several years, and has received positive reviews from many customers.
However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
Tickmill is a comprehensive trading platform that offers 180+ financial instruments. Their offerings include over 60 forex currency pairs, more than 15 stock indices, 500+ stocks and ETFs, bonds, various commodities including precious metals and energies, cryptocurrencies, as well as futures and options such as S&P 500, DJIA, and NASDAQ. These options provide users with the flexibility to diversify their investment portfolio.
Two trading account options available with TickMill: the Classic Account and the Raw Account. The Classic Account requires $100, featuring spreads starting from 1.6 pips, a maximum leverage of 1:1000, a minimum lot size of 0.01, and zero commissions. Available base currencies include USD, EUR, GBP, and ZAR. The Raw Account, on the other hand, provides raw spreads from 0.0 pips with a commission of $3 per lot per side, while maintaining the same minimum deposit, leverage, minimum lot size, and base currency options as the Classic Account. Both account types allow all trading strategies and offer a swap-free Islamic account option.
All account types at Tickmill offer access to the same range of trading instruments. Additionally, all accounts can be opened as Islamic accounts, which are swap-free accounts for traders who follow Sharia law.
Prior to committing to various live trading accounts, clients have the option to explore Go Markets' offerings through the provided demo accounts, allowing them to familiarize themselves with the trading environment before engaging in real trading activities.
Step 1: Register
Click on ‘Create account’. Enter your personal details and check your email for verification.
Step 2: Upload Documents
Submit your Proof of Identity and Proof of Address to complete registration.
Step 3: Fund and Choose Platform
Open a trading account, deposit to your Tickmill wallet, transfer funds from your Tickmill wallet to your live trading account and download the trading platform of your choice to start trading.
Tickmill offers flexible leverage ranging from 1:1 to 1:1000, depending on the account type and the instrument traded. The maximum leverage available for forex trading is 1:1000. For stock indices, commodities and bonds, the maximum leverage is 1:100. For cryptocurrencies, the maximum leverage is 1:200.
Bear in mind that higher leverage levels increase the potential profits but also increase the potential losses, so it's important to use leverage carefully and manage risk appropriately.
The Classic Account provides spreads starting from 1.6 pips with no commissions charged, making it a suitable choice for traders seeking competitive spreads without additional trading fees. Alternatively, the Raw Account caters to those preferring raw spreads from 0.0 pips, accompanied by a commission of $3 per lot per side.
Account Types | Spread | Commission |
Classic Account | From 1.6 pips | No commissions charged |
Raw Account | From 0.0 pips | $3 per lot per side |
TickMill extends a genuine welcome bonus of $30 to new traders, manifested as an automatic complimentary deposit of $30 into the Welcome Account upon account opening. However, the Welcome Account is denominated exclusively in US Dollars (USD).
Tickmill offers several trading platforms for its clients, including:
MetaTrader 4 (MT4): This is a popular trading platform among forex traders due to its advanced charting capabilities, numerous technical indicators, and ability to run automated trading strategies.
MetaTrader 5 (MT5): This is an upgraded version of MT4, offering additional features such as more timeframes, depth of market, and the ability to trade other instruments such as stocks and commodities.
Tickmill Mobile App: This is a proprietary platform developed by Tickmill, offering a user-friendly interface, advanced charting tools, and the ability to trade directly from charts.
Overall, Tickmill's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.
Tickmill offers copy trading features. This allows less experienced traders to copy the trades of more experienced traders, potentially increasing their chances of making profitable trades. It's a strategy often used by new traders or those looking to diversify their trading. You can copy top traders on Tickmill's website.
Another crucial factor while selecting a Forex broker is to see how to transfer money to or from your trading account. Obviously, regulated brokers adhere to best practices and are regulated by their authority in terms of money management.
Tickmill offers various deposit and withdrawal methods to its clients. The available methods may vary depending on the client's country of residence. Here are the most common methods:
Payment Options:
Bank wire transfer
Crypto payments
Credit/debit cards (Visa, Mastercard)
Skrill
Neteller
Sticpay
FasaPay
Union Pay
Web Money
Tickmill does not charge any fees for deposits or withdrawals. However, clients are advised to check with their payment providers for any transaction fees that may apply at their end. Most deposits are instant, while the typical withdrawal processing time is within 1 working day.
Minimum deposit requirement
As we have mentioned before, the minimum deposit with Tickmill is $/€/£/R100 for the Classic and Pro accounts, while the higher-grade VIP accounts will require more money of up to $/€/£/R50,000, as designed for traders with experience.
Tickmill | Most other | |
Minimum Deposit | $/€/£/R100 | $/€/£100 |
To withdraw funds from your Tickmill account, you need to follow these steps:
Step 1: Log in to your Tickmill Client Area.
Step 2: Select the “Withdraw Funds” option under the “Deposit & Withdraw” tab.
Step 3: Choose the payment method you want to use for withdrawal.
Step 4: Enter the amount you wish to withdraw.
Step 5: Fill out any necessary information related to your selected payment method.
Step 6: Submit your withdrawal request.
Once your withdrawal request is approved, the funds will be transferred to your selected payment method.
Tickmill does not charge deposit and withdrawal fees, but fees may be incurred by the payment method used. Also, inactivity fees of $10 per month are charged on accounts that have been inactive for over six consecutive months.
Tickmill offers customer support services to its clients via various channels, including email, phone, live chat, and social media. The broker has a multilingual customer support team that provides assistance in several languages, including English, Spanish, Italian, Chinese, and more.
Tickmill's customer service has received positive feedback from traders for its prompt and helpful responses. The broker also provides an extensive FAQ section on its website, which addresses various queries related to trading, accounts, and other services.
Tickmill is committed to providing a comprehensive education for traders at every level of experience. Their educational resources include webinars and seminars conducted by industry professionals, geared to enhance their clients' trading knowledge and skills. They offer extensive reading material such as eBooks, articles and infographics that cover a wide range of trading topics.
Tickmill also accommodates a detailed forex glossary for quick reference. They provide insights into market analysis both from a fundamental and technical perspective, offering daily market insights that help traders navigate the financial markets. This array of educational tools is designed to support traders in making informed trading decisions.
Overall, Tickmill is a good option for traders who are looking for a reliable and transparent broker with competitive trading conditions. Some of the advantages of Tickmill include its strong regulatory framework, low trading fees, a wide range of trading instruments, multiple trading platforms, and excellent customer support.
It is particularly suitable for experienced traders who are looking for a broker that provides access to a variety of markets and trading instruments, as well as competitive trading conditions. Additionally, Tickmill's demo account allows traders to test their strategies and trading skills before investing real money.
Q: Is Go Markets good for beginners ?
A: GO Markets can be a suitable choice for beginner traders, as it offers user-friendly trading platforms, comprehensive educational resources, and various account types to cater to different needs and experience levels.
Q: What trading platforms does GO Markets offer?
A: GO Markets provides access to a suite of trading platforms, including the popular MetaTrader 4 and MetaTrader 5, as well as cTrader, MetaTrader Copy Trader, cTrader Copy Trading, and a web-based trading platform called GO WebTrader.
Q: Does GO Markets charge any deposit or withdrawal fees?
A: Generally, GO Markets does not charge any internal fees for deposits or withdrawals.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive forex-com and tickmill are, we first considered common fees for standard accounts. On forex-com, the average spread for the EUR/USD currency pair is -- pips, while on tickmill the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
forex-com is regulated by ASIC,FCA,FSA,NFA,CIRO,MAS. tickmill is regulated by FCA,CYSEC,FSCA,LFSA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
forex-com provides trading platform including STP PRO,COMMISSION,Standard and trading variety including 60 currency pairs Gold & silver. tickmill provides trading platform including FUTURES ACCOUNT,PRO ACCOUNT,VIP ACCOUNT,CLASSIC ACCOUNT and trading variety including CME, NYMEX, COMEX, CBOT, EUREX.