Dukascopy Bank SA vs Tickmill Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Dukascopy Bank SA and Tickmill
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Rating | 4.2/5 | 4.5/5 |
| Foundation Year | 2010 | 2013 |
| Regulated in Countries | Switzerland | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:200 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Dukascopy Bank SA Review | Tickmill Review |
Dukascopy Bank SA is suitable for traders looking for a reliable partner with a wide range of services and secure tools for trading in financial markets.
Tickmill is suitable for beginners due to accessible educational materials and for experienced traders who value low trading commissions and stable platforms.
Dukascopy Bank SA Review
Dukascopy Bank SA is a broker with a long history and a good reputation. The company provides its clients with a wide range of services and products for trading in international financial markets. The broker has reliable trading tools, including modern trading platforms and access to liquidity from its bank. In addition, Dukascopy Bank SA ensures a high level of security and confidentiality of its clients' data, making it one of the most reliable brokers in the market. Dukascopy Bank SA is an attractive option for traders looking for a reliable partner for successful trading in the financial markets.
Pros and Cons of Dukascopy Bank SA
Pros
- Wide range of trading assets.
- High-quality trading platforms.
- Quality technical support.
- Diverse analytical tools.
Cons
- Fees for deposit and withdrawal.
- Insufficient educational materials.
Dukascopy Bank SA is in the top 10 of the following ratings:
Tickmill Review
Tickmill offers high-quality services and conditions for trading on the international Forex market. With reliable regulation, access to popular trading platforms, and comprehensive educational and analytical materials, Tickmill becomes an attractive choice for traders of different experience levels.
The broker is suitable for novice traders, thanks to accessible educational materials and the ease of opening an account, as well as for experienced traders who value low spreads, platform stability, and a variety of trading instruments.
Pros and Cons of Tickmill
Pros
- Low trading fees.
- Variety of trading platforms.
- Extensive library of educational materials and analytical tools.
Cons
- Not enough different types of trading accounts.
Tickmill is in the top 10 of the following ratings:
Reliability
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2010 | 2013 |
| Regulated in Countries | Switzerland | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
| Regulators | FINMA FINMA | FCA FCA CySEC CySEC FSCA FSCA SFSA SFSA - LFSA LFSA |
Dukascopy Bank SA
Dukascopy Bank is a reliable broker, regulated by FINMA and licensed in Switzerland, Japan, and Europe, confirming its stability and legitimacy.
Tickmill
Tickmill's reliability is confirmed by its regulation by leading international organizations and licensing by the relevant governmental bodies.
Account Opening
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Account Opening | 4.5/5 | 4.3/5 |
| Minimum Deposit |
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Dukascopy Bank SA
Opening an account with Dukascopy is quite simple and fast, with clear steps and the possibility of verification via video call.
Pros
- Clear and simple registration process.
- Fast verification, often less than 24 hours.
- Possibility of identity confirmation via video call.
Cons
- Minimum deposit of $1000 may be high for beginners.
Tickmill
Opening an account with Tickmill is a straightforward and relatively quick process, but it does require document verification.
Pros
- Ease of understanding the process.
- Detailed instructions at each step.
Cons
- The verification process can take up to 24 business hours.
- The minimum deposit of $100 may be high for beginners.
Account Types
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Account Types | 4/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:200 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Dukascopy Bank SA
Dukascopy offers a versatile ECN account, but limits the selection of specialized accounts.
Pros
- 24 base currencies.
- Availability of binary options and Islamic account.
- Contests and managed accounts available
Cons
- Lack of cent accounts.
- No fixed spread accounts.
Tickmill
Tickmill offers a flexible selection of accounts, satisfying different categories of traders. However, the absence of certain types of accounts may limit options.
Pros
- The presence of an Islamic account that adheres to Sharia principles.
- Availability of a free demo account.
- The ability to copy trades of successful traders.
Cons
- Lack of cent accounts.
- Fixed spread accounts are not offered.
Commissions
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Commissions | 3.7/5 | 3.5/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 0.3 | 1.6 |
| Commission per Lot | $3.78 | $3 |
Dukascopy Bank SA
Dukascopy offers average commissions with flexible terms depending on trading volume and deposit, but charges an inactivity fee.
Pros
- Flexible commission that decreases with increasing trade volume.
- Low swaps compared to competitors.
Cons
- Transaction fee higher than some competitors.
- Inactivity fee charged.
Tickmill
Tickmill offers competitive conditions with average commissions, which is pleasantly surprising with the absence of fees for deposits and withdrawals.
Deposit and Withdrawal
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Account Funding Methods |
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Dukascopy Bank SA
Dukascopy offers a variety of deposit and withdrawal methods, but with high fees.
Pros
- Wide selection of methods.
- Fast fund crediting.
- Free transfers between Dukascopy accounts.
Cons
- High fees (2.5%).
- Lack of cryptocurrencies in deposit/withdrawal methods.
Tickmill
Tickmill provides a wide choice of deposit and withdrawal methods without charging fees, ensuring high-speed processing of transactions.
Markets and Products
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Markets and Products | 4.7/5 | 5/5 |
| Forex | 60 | 62 |
| Precious Metals | 5 | 4 |
| Energy Carriers | 4 | 2 |
| Soft Commodities | 6 | 2 |
| Indices | 20 | 23 |
| Stocks | 1081 | 489 |
| ETF | 51 | 23 |
| Bonds | 3 | 4 |
| Cryptocurrency | 18 | 9 |
Dukascopy Bank SA
Dukascopy offers an extensive selection of markets and products, but with limited leverage.
Pros
- Wide range of currency pairs and CFDs.
- Ability to trade binary options.
- Access to cryptocurrencies.
Cons
- Relatively low leverage.
Tickmill
Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.
Trading Platforms
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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Dukascopy Bank SA
Dukascopy's trading platforms are highly regarded for their functionality and user-friendliness.
Pros
- Wide selection of technical indicators.
- Availability of unique order types.
- Support for mobile devices and MT4.
Cons
- Lack of other popular platforms besides MT4.
Tickmill
Tickmill offers proven MT4 and MT5 terminals, its mobile app, integration with TradingView, and an innovative platform for automatic trade copying - Pelican Trading.
Pros
- Reliable and functional MetaTrader 4 and 5 platforms and integration with TradingView.
- Mobile app for trading on the go.
- An interesting solution for automatic trade copying with Pelican Trading.
Analytics
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Rating | 5/5 | 5/5 |
Dukascopy Bank SA
Dukascopy's analytical tools are extensive and of high quality.
Pros
- Availability of fundamental and technical analysis.
- Own TV channel with up-to-date information.
- A variety of additional tools.
Tickmill
Tickmill offers extensive analytical tools, including regular reviews, Autochartist, and the Signal Centre tool.
Pros
- Daily fundamental and technical analytical reviews.
- Useful analysis tools such as Autochartist and Signal Centre.
- Market sentiment information and handy Forex calculators.
Education
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Rating | 3/5 | 5/5 |
Dukascopy Bank SA
Dukascopy's educational materials are limited, with a focus on video tutorials for the platform, but without in-depth analysis.
Pros
- Video tutorials for the JForex platform.
Cons
- Lack of regular webinars and seminars.
- Shortage of materials for advanced traders.
Tickmill
Tickmill provides a comprehensive package of educational materials, including webinars, seminars, eBooks, video tutorials, and a blog.
Pros
- A wide variety of learning formats to suit different trader preferences.
- Periodic webinars and seminars with experts for in-depth understanding of trading.
- Regularly updated analytical and educational materials in the blog.
Customer Support
| Broker | Dukascopy Bank SA | Tickmill |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
YouTube
Weibo
Facebook
Instagram
LinkedIn
VK
TelegramDukascopy Bank SA
Dukascopy's technical support is efficient, with rapid response and professional staff.
Pros
- Instant responses in chat.
- Short waiting time on the phone.
Cons
- No messengers for communication with support.
Tickmill
Tickmill's technical support is high quality, available through various channels, and provides timely responses.
Pros
- Email inquiries responded to within 24 hours.
- Professionalism and competence of staff.
Cons
- Support is not available 24/7.
- Can only call an international phone number.
- Messengers are not among the communication channels.
