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Do you want to know which is the better broker between Tickmill and Pepperstone ?
In the table below, you can compare the features of Tickmill , Pepperstone side by side to determine the best fit for your needs.
EURUSD: 0.1
XAUUSD: 0.4
Long: -6.19
Short: 2.66
Long: -32.8
Short: 20.86
EURUSD: 0.2
XAUUSD: -0.5
Long: -6.44
Short: 2.04
Long: -36.51
Short: 21.17
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 tickmill, pepperstone 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:
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 |
Leverage | 1:1-1:500 |
Spread frm | 1.6 pips (Classic) |
Trading Platforms | MT4, MT5, Tickmill Mobile App |
Minimum deposit | $/€/£/R100 |
Customer Support | Live chat, phone, email, social media, FAQ |
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 a choice of three trading accounts, which are the Classic account, the Pro account, and the VIP 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.
Tickmill offers its clients three account types designed to suit different trading styles and preferences.
Classic Account: The Classic Account is suitable for new traders who want to experience real trading conditions with a low deposit.
Pro Account: The Pro Account is designed for more experienced traders who require tighter spreads and lower trading costs.
VIP Account: The VIP Account is suitable for high net worth individuals and institutional traders who require premium trading conditions.
The minimum deposit requirement is $/€/£/R100 for Classic and Pro accounts. The minimum balance is $/€/£/R50,000 on the VIP account.
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.
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 1:500, depending on the account type and the instrument traded. The maximum leverage available for forex trading is 1:500. For stock indices, commodities and bonds, the maximum leverage is 1:100. For cryptocurrencies, the maximum leverage is 1:200.
Forex | 1:500 |
Stock indices | 1:100 |
Commodities | 1:100 |
Bonds | 1:100 |
Cryptocurrecnies | 1:200 |
It's important to note 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.
Tickmill offers different account types with different spread and commission structures. Specifically, clients on the Classic account have spread from 1.6 pips with no commission charged, the Pro account has spread from 0.0 pips with a commission of 2 per side per 100,000 traded, and the VIP account has spread from 0.0 pips with a commission of 1 per side per 100,000 traded.
Spread | Commission | |
Classic Account | From 1.6 pips | 2 per side per 100,000 traded |
Pro Account | From 0.0 pips | no commission |
VIP Account | From 0.0 pips | 1 per side per 100,000 traded |
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.
Question 1: | Is Tickmill regulated? |
Answer 1: | Yes. It is regulated by FCA, CySEC, FSCA, and LFSA. |
Question 2: | At Tickmill, are there any regional restrictions for traders? |
Answer 2: | Yes. The services of Tickmill and the information on this site are not directed at citizens/residents of the United States and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. |
Question 3: | Does Tickmill offer demo accounts? |
Answer 3: | Yes. |
Question 4: | Does Tickmill offer the industry-standard MT4 & MT5? |
Answer 4: | Yes. Both MT4 and MT5 are available. |
Question 5: | What is the minimum deposit for Tickmill? |
Answer 5: | The minimum initial deposit to open an account is $/€/£/R100. |
Question 6: | Is Tickmill a good broker for beginners? |
Answer 6: | Yes. It is a good choice for beginners because Tickmill is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow beginners to practice trading without risking any real money. |
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.
Pepperstone Review Summary in 10 Points | |
Founded | 2010 |
Headquarters | Melbourne, Australia |
Regulation | ASIC, CYSEC, FCA, DFSA, SCB |
Market Instruments | Forex, Cryptocurrencies, Shares, ETFs, Indices, Commodities |
Demo Account | Available |
Leverage | 1:500 |
EUR/USD Spread | average 0.12 pips |
Trading Platforms | TradingView, MetaTrader5, MetaTrader4, cTrader |
Minimum deposit | $200 |
Customer Support | 24/5 phone, email, live chat |
Pepperstone is a Forex and CFD broker founded in 2010 in Melbourne, Australia. The company has quickly grown to become one of the largest Forex and CFD brokers in the world with over 150,000 clients across the globe. Pepperstone is regulated by top-tier financial authorities, including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), etc. It offers a wide range of trading instruments including Forex, indices, commodities, and cryptocurrencies.
Pepperstone is a well-established and reputable forex and CFD broker, with a number of strengths. One of its biggest advantages is its range of trading platforms, which include the popular MetaTrader4 and 5 platforms, as well as cTrader. Another advantage is the broker's competitive pricing, with tight spreads and low commission fees.
However, there are some potential drawbacks to consider. One is that Pepperstone's customer service can sometimes be slow to respond, which can be frustrating for traders who need quick assistance. Additionally, the broker offers limited educational resources and research tools.
Pros | Cons |
• Regulated by reputable financial authorities including ASIC, CYSEC, FCA, DFSA and SCB | • Limited product offerings with no stock trading |
• Multiple account options and funding methods | • Inactivity fee of $15 per month after 6 months of inactivity |
• Low spreads and commissions, particularly for active traders | • Limited educational resources |
• Advanced trading platforms including MT4, MT5, and cTrader | • Limited research tools |
• Excellent customer support with 24/5 availability | • No fixed spread account options |
• Negative balance protection | • Limited social trading features |
It's worth noting that while there are some cons associated with Pepperstone, the overall consensus is that it is a reputable and reliable broker with competitive pricing and advanced trading platforms.
Pepperstone is a regulated broker, authorized and regulated by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the United Kingdom, etc. Pepperstone is considered a legitimate and reliable broker in the industry.
Pepperstone has implemented a number of measures to ensure the safety and protection of its clients' funds and personal information.
More details can be found in the table below:
Client Protection Measures | Description |
Regulation | ASIC, CYSEC, FCA, DFSA, SCB |
Segregated Accounts | Ensuring that client funds are protected in the event of company insolvency |
Negative Balance Protection | Clients can not lose more than their account balance |
Two-Factor Authentication | Providing an additional layer of security to protect against unauthorized access to their trading accounts |
Encryption Technology | To protect client information and transactions from potential threats such as hacking or fraud |
Investor Compensation Scheme | Provide protection to clients in the event of financial loss or misconduct by the broker |
Overall, Pepperstone uses advanced security measures to protect its clients' personal and financial information. The broker's commitment to transparency, and customer satisfaction makes it a trustworthy choice for traders.
Pepperstone offers 1200+ trading instruments across multiple asset classes, including:
Forex: Major, minor and exotic currency pairs, including USD/EUR, AUD/USD, EUR/GBP, and more.
Stocks: Trading of popular global stocks including Apple, Amazon, Google, etc.
Indices: CFDs on global indices, including S&P 500, FTSE 100, Nikkei 225, and more.
Commodities: CFDs on gold, silver, oil, and other popular commodities.
Cryptocurrencies: Trading of popular cryptocurrencies including Bitcoin, Ethereum, Litecoin, etc.
Note that the specific instruments available for trading may vary depending on the account type and region of the client.
Pepperstone offers four types of accounts to its clients:
Standard Account: This account type is suitable for beginners as it has no commission and offers variable spreads starting from 1 pip. The minimum deposit required is $200.
Razor 0.0 Account: This account type is designed for experienced traders who prefer low spreads and are willing to pay a commission. The minimum deposit required is $200, and it offers variable spreads starting from 0.0 pips with a commission of $3.50 per lot traded.
Swap-Free Account: This account type is designed for traders who follow Sharia laws and do not want to earn or pay interest on overnight positions. It has no commission and offers variable spreads starting from 1 pip. The minimum deposit required is also $200.
Demo Account: This account type is available for 30 days, especially for traders to practice their trading skills and strategies. It provides traders with virtual funds to trade with and access to real-time market data, allowing them to simulate trading conditions without risking real money. It is a useful tool for beginners to get familiar with the trading platform and for experienced traders to test new strategies or instruments.
Regarding European traders and those whose accounts are registered with Pepperstone UK, the European ESMA law has recently reduced the maximum permitted leverage for security reasons.
On Forex instruments, the maximum leverage allowed for European clients is 1:30. However, leverage levels are contingent upon the entity's laws, such as international offerings. Pepperstone continues to offer leverage of 1:500 for professional clients on each asset.
Nonetheless, ensure you have a thorough understanding of leverage and how to utilize it intelligently, as an increase in your trading size can have a major impact on your potential earnings or losses.
The EUR/USD spread offered by Pepperstone varies depending on the type of account and market conditions. The commission fees also vary based on the account type and trading platform.
For the Razor 0.0 account, which is designed for advanced traders and uses ECN pricing, the average spread for EUR/USD is around 0.12 pips with a commission of $3.5 per lot.
For the Standard account, the average spread for EUR/USD is around 1.1 pips without any commission. It's important to note that spreads can vary depending on market conditions such as volatility and liquidity.
It is important to note that the above figures are subject to change depending on market conditions and other factors, and traders should always check the latest spreads and commission fees on Pepperstone's website.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission (per lot) |
Pepperstone | 1.1 pips | $0 |
IC Markets | 0.10 pips | $7 |
FXTM | 0.50 pips | $4 |
XM | 1.60 pips | $0 |
Admiral Markets | 0.50 pips | $0 |
FP Markets | 1.45 pips | $6 |
Note: The spreads and commissions are based on the standard account type for each broker and may vary depending on the account type, trading platform, and market conditions.
Pepperstone provides TradingView, MetaTrader5, MetaTrader4 and cTrader. Traders can utilize either the Razor or Standard account type on any platform.
MetaTrader4 (MT4): The world's most popular forex trading platform, featuring advanced charting, automated trading capabilities, and a vast library of indicators and add-ons.
MetaTrader5 (MT5): A more advanced version of the MT4 platform, with additional features and capabilities, such as more advanced order types and an economic calendar.
cTrader: A powerful and user-friendly platform with advanced charting, one-click trading, and a range of advanced order types.
Overall, Pepperstone's trading platforms are highly regarded for their speed, reliability, and ease of use, and are suitable for both beginner and advanced traders.
See the trading platform comparison table below:
Broker | Trading Platform(s) |
Pepperstone | MetaTrader4, MetaTrader5, cTrader |
IC Markets | MetaTrader4, MetaTrader5, cTrader, WebTrader |
FXTM | MetaTrader4, MetaTrader5, WebTrader |
XM | MetaTrader4, MetaTrader5, XM WebTrader |
Admiral Markets | MetaTrader4, MetaTrader5 |
FP Markets | MetaTrader4, MetaTrader5, IRESS, WebTrader |
Note: This table is not exhaustive and other trading platforms may be available for each broker.
Pepperstone offers various deposit and withdrawal methods for its clients, including: Visa/Mastercard, POLi, Bank transfer, BPay, PayPal, Neteller, Skrill, and Union Pay. It's important to note that some deposit and withdrawal methods may not be available in certain countries. Clients should check with Pepperstone for specific details and requirements for their region.
Pepperstone does not charge any deposit or withdrawal fees. However, fees may be charged by the payment provider.
Withdrawal forms received after 21:00 (GMT) will be processed the following day. If these are received before 07:00 (AEST) theyll be processed on the same day. Withdrawals made by Bank Wire Transfer usually take 3-5 working days to reach your account.
Pepperstone's minimum deposit requirement depends on the type of account you choose. For the standard account, the minimum deposit is $200 (or equivalent in another currency), while for the Razor 0.0 account, the minimum deposit is $200 (or equivalent in another currency) for users who choose to deposit via debit card or PayPal, and $1,000 (or equivalent in another currency) for users who choose to deposit via bank transfer. It's worth noting that different funding methods may have different minimum deposit requirements.
Pepperstone | Most other | |
Minimum Deposit | $200 | $/€/£100 |
To initiate a withdrawal, log in to your Pepperstone account and navigate to the “Withdrawals” section. Select your preferred withdrawal method, enter the amount you wish to withdraw, and follow the instructions provided.
Pepperstone charges various types of fees including spreads, commissions, and swap fees. We have mentioned spreads and commissions before. Now we talk about other fees.
Swap fees: Pepperstone charges swap fees for holding positions overnight. The swap fee may be a credit or a debit depending on the instrument traded and the direction of the position.
Inactivity fee: Pepperstone does not charge any inactivity fee.
See the fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee | Inactivity Fee |
Pepperstone | Free | Free for domestic wire | $0 |
IC Markets | Free | $3.50 per withdrawal | $0 |
FXTM | Free | Free | $5 per month after 6 months of inactivity |
XM | Free | Free for first 5 withdrawals per month, $15 for subsequent withdrawals | $0 |
Admiral Markets | Free | Free for first 2 withdrawals per month, €1 for subsequent withdrawals | €10 per month after 24 months of inactivity |
FP Markets | Free | Free for domestic wire, $20 for international wire | $0 |
Please note that the fees listed in this table are subject to change and may vary based on factors such as account type, payment method, and location. It's important to check with the broker directly for the most up-to-date and accurate fee information.
Pepperstone offers customer support via phone, email, and live chat 24/5. They also have a comprehensive FAQ section on their website that addresses a wide range of topics. You can also follow them on some social networks such as Twitter and Facebook.
Overall, Pepperstone's customer service is considered reliable and responsive, with various options available for traders to seek assistance.
Pros | Cons |
• 24/5 multilingual customer support | • No 24/7 customer support |
• Live chat and email support available | • No dedicated account managers for all users |
• Quick response times | |
• Detailed FAQ section available |
Note: These pros and cons are based on general feedback and may not be representative of every individual's experience.
Pepperstone offers a variety of educational resources to help traders improve their skills and knowledge. Here are some of the educational offerings provided by Pepperstone:
Trading guides: Pepperstone offers a comprehensive trading guide that covers various topics such as trading psychology, technical analysis, and risk management.
Webinars: Pepperstone regularly hosts live webinars that cover various trading topics, including market analysis, trading strategies, and risk management.
Video tutorials: Pepperstone offers a collection of video tutorials that cover various trading topics such as platform walkthroughs, charting techniques, and risk management.
Overall, Pepperstone offers a robust educational suite that can benefit both beginner and experienced traders.
In conclusion, Pepperstone is a well-established broker with a solid reputation and a wide range of trading instruments and platforms. They offer competitive pricing with low spreads and commissions and a range of account types to suit different traders. Their customer support is available 24/5 and they offer a range of educational resources for traders of all levels. Overall, Pepperstone is a reliable and reputable broker for traders looking for a broker with a global presence and a wide range of trading options.
Q 1: | Is Pepperstone regulated? |
A 1: | Yes. Pepperstone is regulated by ASIC, CYSEC, FCA, DFSA, and SCB. |
Q 2: | Does Pepperstone offer demo accounts? |
A 2: | Yes. Pepperstone offers 30-day demo accounts. |
Q 3: | Does Pepperstone offer the industry-standard MT4 & MT5? |
A 3: | Yes. Both MT4 and MT5 are available. Pepperstone also supports cTrader and TradingView. |
Q 4: | What is the minimum deposit for Pepperstone? |
A 4: | The minimum initial deposit with Pepperstone is $200. |
Q 5: | Is Pepperstone a good broker for beginners? |
A 5: | Yes. Pepperstone is a good choice for beginners because it is regulated well and offers a wide variety of trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money. But somehow we cant access their website currently. |
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 tickmill and pepperstone are, we first considered common fees for standard accounts. On tickmill, the average spread for the EUR/USD currency pair is -- pips, while on pepperstone the spread is 0.6 pips.
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.
tickmill is regulated by FCA,CYSEC,FSCA,LFSA. pepperstone is regulated by ASIC,CYSEC,FCA,DFSA,SCB,BaFin.
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.
tickmill provides trading platform including FUTURES ACCOUNT,PRO ACCOUNT,VIP ACCOUNT,CLASSIC ACCOUNT and trading variety including CME, NYMEX, COMEX, CBOT, EUREX. pepperstone provides trading platform including Standard,Razor and trading variety including --.