Compare Saxo Bank vs Tickmill


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

Saxo Bank vs Tickmill
overall rating
4.8
4.5
overall pros
  • Great trading platform
  • Outstanding research
  • Broad product portfolio
  • Low forex fees
  • Fast and easy account opening
  • Free deposit and withdrawal
overall cons
  • High bond, options and futures fees
  • High minimum deposit
  • Lacks live chat and 24/7 availability
  • Only forex and CFDs
  • Trading platforms with outdated design
  • Basic news feeds
fees
3.0
  • Low forex fees
  • Low fund fees
  • No withdrawal fee
  • Inactivity fee
  • High bond, options and futures fees
4.2
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
  • Average CFD fees
account opening
2.5
  • Fully digital
  • User-friendly
  • Available in almost every country
  • Minimum deposit is high in certain countries
  • Slow account verification
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Electronic wallets not available for deposit or withdrawal
4.5
  • Free withdrawal
  • No deposit fee
  • Few account base currencies
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
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
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
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
5.0
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
1.4
  • Forex
  • CFD
research
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Most fundamental data is not free of charge
3.3
  • Autochartist integrated
  • Great analysis written by Tickmill experts
  • Superb economic calendar
  • Poor design of charting tools
  • Limited news feed
customer service
4.0
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
4.0
  • Live chat
  • Relevant answers
  • Available in local languages
  • No 24/7 support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
4.0
  • Demo account
  • Educational videos
  • Good production quality
  • Platform videos are not categorized
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Negative balance protection for EU (+some MENA) customers
  • Not listed on stock exchange
  • 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 and traders looking for a great trading platform and solid research Forex traders looking for low fees and prefer MetaTrader 4 platform
×