Swissquote
Tickmill
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Affluent investors who value safety and are OK with higher fees
Recommended for Forex traders looking for low fees who are familiar with the MetaTrader 4 platform
Switzerland
UK
Fees
High trading fees, average non-trading fees, low fund fees
Low forex and CFD fees, low non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
22
5
Deposit type
Withdrawal type
Account opening
$0
$100
1 day
1 day
Proof of identity: national ID / passport Proof of residency: ID with legal address / utility, internet, phone bill / tax bill / official certificate of residence
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
Trading platform
Markets and products
Disclaimer: 74% 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.
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
Great
Mid-range
Customer service
Security
CHF 100,000 for cash at the Swiss and UAE entity, £85,000 at the UK entity, HKD 500,000 at Hong Kong entity, none at other entities
£85,000 for cliens under FCA, €20,000 under CySEC, no protection under Seychelles
1996
2014
Switzerland, Luxembourg UK, UAE, Hong Kong, Singapore, Malta
UK, Cyprus, Seychelles, South Africa, Malaysia
For detailed information and hands-on experience, read our review of this broker.
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.
Swissquote's service is on par with Tickmill's and a comparison of their fees shows that Swissquote's fees are much higher than Tickmill's.
Account opening takes somewhat more effort at Swissquote compared to Tickmill, deposit and withdrawal processes are about the same quality at Swissquote, while customer service quality is similar to Tickmill's.
Our experts rated the trading platform of Swissquote as somewhat better than the platform of Tickmill, found that clients have access to much more markets and products with Swissquote, while Tickmill provides somewhat better research and education.