Dukascopy Europe vs Tickmill Comparison
Dukascopy Europe
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 Europe and Tickmill
| Broker | Dukascopy Europe | Tickmill |
|---|---|---|
| Rating | 3.8/5 | 4.5/5 |
| Foundation Year | 2011 | 2013 |
| Regulated in Countries | Latvia | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Dukascopy Europe Review | Tickmill Review |
Dukascopy Europe is suitable for traders looking for multi-currency accounts and diverse platforms. The broker is not ideal for those who prefer a large selection of deposit/withdrawal methods.
Tickmill is suitable for beginners due to accessible educational materials and for experienced traders who value low trading commissions and stable platforms.
Dukascopy Europe Review
Broker Dukascopy Europe represents a reliable choice for a wide range of traders, from beginners to experienced professionals. With a wide range of trading instruments and quality platforms, it can be beautiful for those who want to diversify their portfolio.
However, some aspects, such as average commission levels and limited account funding options, may make it less attractive to traders seeking minimal costs or specific deposit/withdrawal methods.
Dukascopy Europe suits a broad spectrum of traders, especially those who value quality trading tools and support.
Pros and Cons of Dukascopy Europe
Pros
- Wide choice of trading assets.
- Quality trading platforms.
- Round-the-clock customer support.
Cons
- Average level of commissions.
- Limited methods for deposit and withdrawal.
- Limited analytics.
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 Europe | Tickmill |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2011 | 2013 |
| Regulated in Countries | Latvia | United Kingdom, Cyprus, South Africa, Seychelles, Malaysia |
| Regulators | FCMC FCMC | FCA FCA CySEC CySEC FSCA FSCA SFSA SFSA - LFSA LFSA |
Dukascopy Europe
Broker Dukascopy Europe is reliable and operates under the regulation of FCMC and the Swiss organization. It complies with investor protection laws, guaranteeing compensation up to 20,000 euros.
Tickmill
Tickmill's reliability is confirmed by its regulation by leading international organizations and licensing by the relevant governmental bodies.
Account Opening
| Broker | Dukascopy Europe | Tickmill |
|---|---|---|
| Account Opening | 5/5 | 4.3/5 |
| Minimum Deposit |
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Dukascopy Europe
Opening an account with Dukascopy Europe is convenient and fast, with clear instructions and quick verification.
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 Europe | Tickmill |
|---|---|---|
| Account Types | 2.8/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Dukascopy Europe
Dukascopy Europe limits options by offering only an ECN account, which may not satisfy all traders.
Pros
- Availability of an Islamic account.
- ECN account available.
- Demo account available.
Cons
- Lack of cent and PAMM accounts.
- No accounts with fixed spreads.
- Limited variety for experienced traders.
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 Europe | Tickmill |
|---|---|---|
| Commissions | 3.5/5 | 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 Europe
Dukascopy Europe's commissions are at an average level, with flexibility for large traders.
Pros
- Flexible commission depending on volume.
- Competitive swaps.
Cons
- Inactivity fee.
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 Europe | Tickmill |
|---|---|---|
| Rating | 2.5/5 | 5/5 |
| Account Funding Methods |
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Dukascopy Europe
Limited deposit and withdrawal methods with some fees.
Pros
- No deposit fee.
- Support for major currencies.
Cons
- Lack of electronic wallets and cryptocurrencies.
- Withdrawal fee.
- Undisclosed withdrawal times.
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 Europe | Tickmill |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 59 | 62 |
| Precious Metals | 5 | 4 |
| Energy Carriers | 4 | 2 |
| Soft Commodities | 6 | 2 |
| Indices | 21 | 23 |
| Stocks | 1081 | 489 |
| ETF | 51 | 23 |
| Bonds | 3 | 4 |
| Cryptocurrency | 18 | 9 |
Dukascopy Europe
The broker offers a wide range of markets and products, satisfying various traders' needs.
Pros
- Large selection of currency pairs and CFDs.
- Access to cryptocurrencies and ETFs.
- Variety of commodities.
Cons
- Relatively low leverage.
Tickmill
Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.
Trading Platforms
| Broker | Dukascopy Europe | Tickmill |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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Dukascopy Europe
Conclusion: The broker offers highly functional JForex and MT4 platforms, ensuring flexibility and convenience.
Pros
- Extensive functionality of JForex.
- Availability of the popular MT4.
- Versions for desktop and mobile devices.
Cons
- Limited choice of platforms.
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 Europe | Tickmill |
|---|---|---|
| Rating | 1/5 | 5/5 |
Dukascopy Europe
The broker's analytics are limited, only currency rates are provided.
Pros
- Up-to-date currency rates.
Cons
- Lack of expert analysis.
- No signals and complex analysis 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 Europe | Tickmill |
|---|---|---|
| Rating | 3/5 | 5/5 |
Dukascopy Europe
DE's educational materials are useful for beginners but limited in variety.
Pros
- Video tutorials on the basics.
Cons
- Lack of advanced materials.
- Seminars and webinars are not currently conducted.
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 Europe | Tickmill |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Facebook
Instagram
Twitter
LinkedIn
VK
TelegramDukascopy Europe
The broker's technical support is of a high level with round-the-clock access.
Pros
- 24/7 support.
- Multiple communication channels (phone, chat, email).
- Positive feedback from traders.
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.
