Our ForexBrokers.com team spent seven months and hundreds of hours assessing 43 different forex broker accounts
for trading FX. In total, over 6,000 data points were collected. For this review, we will compare easyMarkets vs TickMill.
To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. TickMill received a rating of 4.00 stars over easyMarkets's 3.00 stars.
Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. easyMarkets alongside TickMill are regulated in a major hub. Neither easyMarkets and TickMill are publicly traded companies. How many currency pairs are available to trade? easyMarkets offers its clients access to 97 different currency pairs while TickMill has 62 available pairs, a difference of 35.
To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. easyMarkets alongside TickMill offer Meta Trader. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. easyMarkets and TickMill offer the same number of charting tools, 31. Both easyMarkets and TickMill provide clients with access to 51 total indicators (eg, moving averages).
Overall, easyMarkets comes out on top with 4.00 stars over TickMill's 3.50 stars. And, when it comes to individual category awards, both easyMarkets and TickMill found themselves without awards for Best in Class - Platforms & Tools, Best in Class - Research, Best in Class - Customer Service, Best in Class - Active Trading, Best in Class - Mobile Trading and Best in Class - Investor Education in 2018.