Written by ForexBrokers.com
In this head to head comparison of Swissquote vs Tickmill, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers Swissquote and Tickmill, it's important to consider their history and trustworthiness. Swissquote was established in 1996 and has become a significant player in the financial industry. As a publicly traded company and a bank, Swissquote holds a highly impressive Trust Score of 99 out of 99 from ForexBrokers.com, underscoring its credibility. It boasts 5 Tier-1 licenses, reflecting its strong regulatory standing. In comparison, Tickmill was founded in 2014 and is not publicly traded nor a bank. With a Trust Score of 86, Tickmill is considered a trustworthy broker with 2 Tier-1 licenses to its name, indicating solid reliability.
Both Swissquote and Tickmill hold 2 Tier-2 licenses, which are also indicative of trust. However, the breadth of Swissquote’s regulatory credentials and its higher Trust Score provide it with an edge for those seeking maximum assurance. While Tickmill is a reliable choice for trading, especially given its trusted rating, Swissquote brings additional security features attributed to its longer history, array of licenses, and status as a bank. Each broker offers distinct advantages, catering to the varying needs and preferences of investors across the globe.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Year Founded | 1996 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 2 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing the commissions and fees of online brokers Swissquote and Tickmill, there are notable differences reflecting their contrasting approaches to pricing. Swissquote centers its appeal around the stability of managing an account with a reputable Swiss bank, yet this comes with slightly higher trading costs. The U.K. branch of Swissquote offers lower trading fees compared to its Swiss and Luxembourg entities, with various account options catering to different deposit thresholds. In the U.K., active traders may find the Elite account appealing due to its comparatively lower spreads and $5 charge per round-turn trade, although its Standard and Prime accounts offer reasonable spreads at higher deposit amounts. Swissquote's fees across its locations tend to be higher than budget brokers, earning a 3.5-star rating and placing it at rank #52 out of 62 brokers for commissions and fees.
Conversely, Tickmill offers attractively low commissions and fees, making it a popular choice especially for active traders. The introduction of its Raw account, replacing the previous Pro account, maintains competitive trading costs despite a recent increase in commissions to $3 per side or $6 per standard lot. The Classic account is commission-free but involves higher spreads, with typical spreads for the Raw account at 0.71 pips including commission. With a minimal deposit requirement of $100, Tickmill provides a cost-effective and versatile option, particularly for those utilizing algorithmic trading, standing out with a 5-star rating and securing the #4 position in the same category of brokers.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Minimum Deposit | $1000 | $100 |
| Average Spread EUR/USD - Standard | N/A | 0.51 |
| All-in Cost EUR/USD - Active | N/A | 0.31 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Swissquote and Tickmill, there are notable differences that cater to diverse trading preferences. Swissquote provides a total of 472 tradeable symbols, including an expansive selection of 80 forex pairs. They stand out in offering access to exchange-traded securities on both U.S. and international exchanges, allowing investors to acquire shares of companies such as Apple and Vodafone. Additionally, Swissquote provides the option to purchase actual cryptocurrencies as well as engage in cryptocurrency derivatives, along with the opportunity to participate in copy trading. Due to its comprehensive offerings, Swissquote has earned a strong rating of 5 stars and ranks second among 62 brokers for its range of investments.
On the other hand, Tickmill presents a broader scope of 725 tradeable symbols, albeit with fewer forex pairs, totaling 63. Unlike Swissquote, Tickmill does not offer trading in exchange-traded securities on U.S. or international exchanges, focusing its strengths elsewhere. While Tickmill does not support the purchase of actual cryptocurrencies, it does allow for trading in cryptocurrency derivatives. Similar to Swissquote, Tickmill offers copy trading features. Despite having a wide range of symbols, Tickmill is rated 3.5 stars and holds the 42nd position in the Range of Investments category as per ForexBrokers.com’s rankings.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 725 |
| Forex Pairs (Total) | 80 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When it comes to trading platforms and tools, both Swissquote and Tickmill offer a comprehensive array to meet traders' needs. Each provides a free virtual demo account, enabling users to gain valuable practice before committing real funds. Swissquote distinguishes itself with a proprietary platform developed in-house, while both brokers support widely-used platforms like MetaTrader 4 and MetaTrader 5. Both brokers have downloadable Windows desktop platforms and user-friendly web-based platforms that allow easy access to trading features from any browser. Additionally, they support copy trading, though neither offers DupliTrade or ZuluTrade.
Swissquote excels with 75 drawing tools for charting, significantly more than Tickmill's 15, providing traders with a richer toolset for technical analysis. Both brokers allow trading directly from stock charts, offering seamless transitions from analysis to action. For those who prioritize detailed market overviews, Swissquote's watch lists come with 11 customizable columns compared to Tickmill's 7. Swissquote's superior offerings in trading platforms and tools are reflected in its 4.5-star rating and 12th place ranking in this category from ForexBrokers.com, outperforming Tickmill's 4-star rating and 32nd place ranking.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 30 |
| Charting - Drawing Tools (Total) | 75 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Swissquote and Tickmill offer compelling mobile trading apps for iPhone and Android users who are looking to stay connected on the go. You can count on real-time stock and forex price alerts from both platforms, ensuring you're always up to date with market movements. They also provide the convenience of drawing trend lines on charts and have identical offerings of 30 technical studies for charting enthusiasts. With the flexibility to view multiple time frames and the inclusion of watchlists with real-time quotes, users can manage their trading activities efficiently. Auto-saving of drawings is another handy feature available on both apps, simplifying the trading process even further.
Where these two brokerage apps diverge is in their ratings and rankings. Swissquote emerges as a slightly more favored option, earning a rating of 4.5 stars compared to Tickmill's 4 stars. Additionally, when it comes to rankings by ForexBrokers.com, Swissquote holds the 11th position out of 62 brokers in the Mobile Trading Apps category, while Tickmill finds its way to the 32nd spot. However, neither app offers watchlist symbol syncing between their mobile and online accounts, which might be a consideration for those who prioritize seamless integration between different devices.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Swissquote and Tickmill are both reputable online brokers offering daily market commentary and timely forex news from top-tier sources like Bloomberg and Reuters, making them reliable choices for staying informed. While both provide economic calendars to track important global events, their research tools differ. Swissquote offers technical analysis tools from Autochartist, giving users enhanced analysis capabilities, unlike Tickmill, which does not provide these tools from Autochartist. However, Tickmill incorporates tools from Acuity Trading, such as the Signal Centre, which Swissquote lacks. Additionally, Tickmill offers a sentiment-based trading tool, helping traders gauge market direction with ease, whereas Swissquote does not.
Both brokers secure a solid 4-star rating for research, reflecting their strong offerings in this category. However, when considering rankings by ForexBrokers.com, Swissquote slightly edges out Tickmill, ranking 16th compared to Tickmill's 22nd position out of 62 brokers. This suggests a slightly higher acknowledgment for Swissquote in the research field, yet both brokers remain competitive choices for traders seeking well-rounded market insights.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, both Swissquote and Tickmill provide comprehensive offerings in forex and CFDs education. They each offer a minimum of ten educational pieces, such as articles, videos, and archived webinars, focused on forex or CFDs. These platforms also host online client webinars at least once a month, complemented by a searchable archive of these sessions so learners can catch up on any missed content. For those starting their trading journey, both companies provide at least ten educational videos specifically tailored for beginners, ensuring accessible learning.
In addition to beginner resources, Swissquote and Tickmill also cater to more experienced traders by offering advanced educational videos, each with at least ten sophisticated sessions. To further support their users, these brokers provide an investor dictionary packed with definitions of over 50 investing terms. Both platforms are rated four stars for their educational provisions. However, in rankings by ForexBrokers.com, Tickmill is placed a bit higher at #15 compared to Swissquote's position at #21 out of 62 brokers, suggesting a slightly broader appeal or recognition in their educational services.
| Feature |
Swissquote
|
Tickmill
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than Tickmill. Swissquote finished with an overall rank of #11, while Tickmill finished with an overall rank of #22.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
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Tickmill
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 86 |
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Swissquote allows investors to buy both actual cryptocurrencies and cryptocurrency derivatives, while Tickmill solely provides options for purchasing cryptocurrency derivatives.
When comparing online brokers Swissquote and Tickmill, Swissquote offers a wider range of funding options by supporting ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, while Tickmill provides similar flexibility with options like PayPal, Skrill, Visa or Mastercard, and bank wires but lacks ACH or SEPA transfer capabilities.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Swissquote | Tickmill | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Tickmill Review |
| Broker Screenshots | Swissquote | Tickmill | |
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| Regulation | Swissquote | Tickmill | |
|---|---|---|---|
| Trust Score | 99 | 86 | |
| Year Founded | 1996 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 2 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Tickmill | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | Tickmill | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | Tickmill | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 725 | |
| Forex Pairs (Total) | 80 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Swissquote | Tickmill | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.51 | |
| All-in Cost EUR/USD - Active | N/A | 0.31 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Tickmill | |
|---|---|---|---|
| Minimum Deposit | $1000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Swissquote | Tickmill | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | Tickmill | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 30 | |
| Charting - Drawing Tools (Total) | 75 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | Tickmill | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Swissquote | Tickmill | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Tickmill | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Swissquote | Tickmill | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review | Tickmill Review |
| Overall | Swissquote | Tickmill | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Tickmill Review |
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