MEXEM vs Tickmill compared

Online brokers compared for fees, trading platforms, safety and more. See how MEXEM stacks up against Tickmill!

MEXEM
Tickmill
76% of retail CFD accounts lose money

Last update of dataNov 2022

MEXEM

Mexem is an European-based global stockbroker for traders and investors. It is an introducing broker of Interactive Brokers IE, which is regulated by the Central Bank of Ireland.

Recommended for investors and traders looking for low fees and sophisticated trading platforms.

Tickmill

Tickmill is a low-cost forex and CFD broker. It is regulated by several financial authorities, including the top-tier FCA.

Recommended for forex traders looking for low fees who are familiar with the MetaTrader 4 platform.

MEXEM's service is on par with Tickmill's and a comparison of their fees shows that MEXEM's fees are slightly higher than Tickmill's.

Account opening takes about the same effort at MEXEM compared to Tickmill, deposit and withdrawal processes are somewhat more complicated at MEXEM, while customer service quality is somewhat lower than Tickmill's.

Our experts rated the trading platform of MEXEM as being of the same quality as the platform of Tickmill, found that clients have access to much more markets and products with MEXEM, while Tickmill provides somewhat lower-quality research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.5

Recommended for Investors and traders looking for low fees and sophisticated trading platforms

Overall Score
4.6

Recommended for Forex traders looking for low fees who are familiar with the MetaTrader 4 platform

Country of origin

Belgium

Country of origin

UK

Fees

Fees score
3.8
Fees score
4.3
Fees summary

Average trading and non-trading fees

Fees summary

Low forex and CFD fees, low non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.5
Deposit and withdrawal score
4.5
Number of base currencies

23

Number of base currencies

5

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$100

*
Time to open account

1 day

Time to open account

1 day

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: Bank statement / utility bill / credit card statement / notarized document

Required documents

Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement

Trading platform

Web platform score
4.3
Web platform score
2.8
Mobile platform score
3.5
Mobile platform score
3.8
Desktop platform score
3.5
Desktop platform score
3.4

Markets and products

Markets and products score
4.9
Markets and products score
2.4
Stocks
Stocks
Fractional shares
*
*
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.3
Research score
3.8
Charting quality

Great

Charting quality

Mid-range

Education score
4.5
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
4.5
Customer service score
4.9
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

€20,000 per account

Investor protection amount

£85,000 for cliens under FCA, €20,000 under CySEC, no protection under Seychelles

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2018

Foundation date

2014

Country of regulation

Ireland (IBIE), Cyprus (MEXEM)

Country of regulation

UK, Cyprus, Seychelles, South Africa, Malaysia

MEXEM

For detailed information and hands-on experience, read our review of this broker.

Tickmill

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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