Compare RBC Direct Investing vs Tickmill


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

RBC Direct Investing vs Tickmill
overall rating
4.1
4.5
overall pros
  • Quick, relevant customer service
  • Easy account opening in some cases
  • High-quality educational tools
  • Low forex fees
  • Fast and easy account opening
  • Free deposit and withdrawal
overall cons
  • Only US and Canadian markets covered
  • Lack of withdrawal/deposit options
  • Outdated mobile trading platform
  • Only forex and CFDs
  • Trading platforms with outdated design
  • Basic news feeds
fees
3.4
  • Low non-trading fees
  • No withdrawal fee
  • No mutual fund trading fee
  • Quarterly account fee
  • High Non-RBC Client Withdrawal Fee
4.2
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
  • Average CFD fees
account opening
3.9
  • Fully digital
  • No minimum deposit
  • No minimum deposit
  • Account opening is a bit complicated for non-RBC bank account holders
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.4
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Less withdrawal and deposit options if not a client of RBC bank.
4.5
  • Free withdrawal
  • No deposit fee
  • Few account base currencies
web trading platform
2.9
  • Clear fee report
  • Price alerts
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
0.7
  • Touch/Face ID login
  • Not user-friendly
  • No price alerts
  • Bugs
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.4
  • Forex
  • CFD
research
3.8
  • Trading ideas
  • Data on asset fundamentals
  • News are quite basic
  • Basic charting tools
3.3
  • Autochartist integrated
  • Great analysis written by Tickmill experts
  • Superb economic calendar
  • Poor design of charting tools
  • Limited news feed
customer service
4.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
4.0
  • Live chat
  • Relevant answers
  • Available in local languages
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
4.0
  • Demo account
  • Educational videos
  • Good production quality
  • Platform videos are not categorized
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors, including beginners, who focus on the Canadian and US markets Forex traders looking for low fees and prefer MetaTrader 4 platform
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