Tickmill or SpeedTrader – which is better for UK traders 2024? Compare Tickmill and SpeedTrader in this detailed breakdown of their platforms, features and fees.
Tickmill is a global broker authorized by trusted regulators including the CySEC and the FCA. Over 660,000 traders have opened an account with the firm with more than 530 million trades executed. Advanced trading tools, educational content and low fees make this broker stand out from competitors.
SpeedTrader is an online stock broker based in New York. Founded in 1999, the brokerage provides direct access trading software to experienced stock traders, with over 25 routing options. The broker is authorized by FINRA and SIPC, providing robust client protection.
Pros
Strong suite of trading tools; MT4, MT5, VPS, Autochartist, Acuity, and forex calculators
Beginner-friendly educational content with user tutorials and analyst insights
Three live accounts with five base currencies and competitive pricing
Overseen by tier-one and tier-two regulators; FCA and CySEC
Above-average selection of funding methods including PayPal
500+ markets including forex, stocks and commodities
Hedging and scalping permitted
Access a range of US stocks, options, bonds and mutual funds, plus extended hours trading available from 4am to 8pm EST
Two powerful platforms with level 1 price data, live news streams, advanced charting and more
Heavily regulated in the US by FINRA, plus SIPC compensation coverage up to $500,000
Competitive fees at $0.0009 per share and $0.25 per options contract
Reliable 24/7 customer support via live chat, telephone and email
Multiple routing options
Short selling aids
Cons
Services not available to clients from the US, Japan or Canada
Limited regulatory oversight if you sign up with the offshore branch
Telephone support available during office hours only
Only US stocks available, with no forex, commodities or cryptos
Not suitable for beginners with a $30,000 minimum deposit
Mobile trading is limited to iPhone and iPad users
Demo account valid for 14 days only
$30 inactivity fee every quarter
$35 withdrawal fee
No APIs
Awards
Best Commodities Broker 2020 - Rankia Markets Experience Expo
Best Trading Experience 2020 - Forex Brokers Award
Best Forex Execution Broker 2019 - CFI.co Awards
Best CFD Broker Asia 2019 - International Business Magazine
Best Forex CFD Provider 2019 - Online Personal Wealth Awards
Speculate on the price movement of 500+ instruments including forex, stocks, commodities and crypto with a low minimum deposit of $100. You can go long or short with leverage in line with regulatory requirements.
Leverage
1:500
FTSE Spread
0.9
GBPUSD Spread<
0.3
Oil Spread
0.4
Stocks Spread
N/A
Forex
Trade 60+ major, minor and exotic currency pairs, including GBP/USD, EUR/GBP, and ZAR/USD, with spreads as low as 0 pips and ultra-fast execution speeds.
