Broker comparison

xChief vs Tickmill Comparison

Compare trading conditions, commissions and platforms of Forex brokers xChief and Tickmill. Find out which broker is best for you.

VS summaryScores and ranking at a glance
xChief
Rating
4.2/5
Rank
#44
Register

Trading CFDs carries high risks. You may lose all invested funds

TickmillHigher ranked
Rating
4.5/5
Rank
#13
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - xChief or Tickmill?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Tickmill ranks higher in the editorial ranking.
xChief
Rating: 4.2/5Rank: #44
Tickmill
Rating: 4.5/5Rank: #13

xChief

Minimum deposit · USD
1 USD
Different platforms
None listed
Different markets
None listed
Cent account
Yes

Tickmill

Minimum deposit · USD
100 USD
Different platforms
  • TradingView
Different markets
  • Soft Commodities
  • ETF
  • Bonds
Cent account
No

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of xChief and Tickmill

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Overview: comparison of xChief, Tickmill
BrokerxChiefTickmill
Foundation Year
2014
2014
Regulated in Countries
Comoros, South Africa, Kazakhstan
United Kingdom, Cyprus, South Africa, Seychelles
Minimum Deposit
  • 1 USD
  • 100 EUR
  • 100 GBP
  • 100 USD
  • 1800 ZAR
Spread
from 0 points
from 0 points
Max Leverage
1:1000
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
Review

xChief Review

xChief Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5

xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.

Pros and Cons of xChief

Pros

  1. A wide range of trading instruments.
  2. Availability of cent and PAMM accounts.
  3. Tight spreads and low commission per transaction.
  4. Scalping and algorithmic trading allowed.

Cons

  1. Weak analytical section.
  2. No educational courses and webinars for beginner traders.

xChief is in the top 10 of the following ratings:

Tickmill Review

Tickmill Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TradingView

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

  1. Low trading fees.
  2. Variety of trading platforms.
  3. Extensive library of educational materials and analytical tools.

Cons

  1. Not enough different types of trading accounts.

Tickmill is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of xChief, Tickmill
BrokerxChiefTickmill
Reliability
4/5
5/5
Foundation Year
2014
2014
Regulated in Countries
Comoros, South Africa, Kazakhstan
United Kingdom, Cyprus, South Africa, Seychelles
Regulators

xChief

xChief’s reliability can be rated as average. The group holds MISA, FSCA, and AFSA licences, but most retail clients are served by the offshore entity XCHIEF LTD, which provides a limited level of protection.

Pros

  1. The group includes several regulated entities.
  2. Holds FSCA and AFSA licences.

Cons

  1. Most retail accounts are regulated by MISA.

Tickmill

Tickmill's reliability is confirmed by its regulation by leading international organizations and licensing by the relevant governmental bodies.

Account Opening

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Account Opening: comparison of xChief, Tickmill
BrokerxChiefTickmill
Account Opening
5/5
4.3/5
Minimum Deposit
  • 1 USD
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 1800 ZAR

xChief

Opening an account with Forex Chief is simple and fast thanks to a clear registration and verification process.

Tickmill

Opening an account with Tickmill is a straightforward and relatively quick process, but it does require document verification.

Pros

  1. Ease of understanding the process.
  2. Detailed instructions at each step.

Cons

  1. The verification process can take up to 24 business hours.
  2. The minimum deposit of $100 may be high for beginners.

Account Types

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Account Types: comparison of xChief, Tickmill
BrokerxChiefTickmill
Account Types
5/5
4/5
Trading Accounts
  • CENT
  • Classic+
  • DirectFX
  • xPRIME
  • Classic
  • Raw
Minimum Deposit
  • 1 USD
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 1800 ZAR
Spread
from 0 points
from 0 points
Max Leverage
1:1000
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

xChief

Forex Chief offers a variety of account types, satisfying the needs of different traders, from beginners to professionals.

Pros

  1. Wide selection of accounts: DirectFX, Classic+, cent, and Islamic.
  2. Demo accounts are available for novice traders.
  3. Investment accounts available: PAMM accounts and copy trading.

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

  1. The presence of an Islamic account that adheres to Sharia principles.
  2. Availability of a free demo account.
  3. The ability to copy trades of successful traders.

Cons

  1. Lack of cent accounts.
  2. Fixed spread accounts are not offered.

Commissions

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Commissions: comparison of xChief, Tickmill
BrokerxChiefTickmill
Commissions
4.2/5
3.5/5
Spread
from 0 points
from 0 points
Average Spread (EURUSD)
0.7
1.6
Commission
per 1 lot$2.50
per 1 lot$3.00

xChief

Forex Chief offers attractive commissions and tight spreads, although swaps are average for the market. Rebates add extra benefits for active traders.

Pros

  1. Low commission per trade.
  2. Tight spreads.
  3. No inactivity fees and no withdrawal fees.

Cons

  1. High swaps.

Tickmill

Tickmill offers competitive conditions with average commissions, which is pleasantly surprising with the absence of fees for deposits and withdrawals.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of xChief, Tickmill
BrokerxChiefTickmill
Rating
5/5
5/5
Account Funding Methods
  • Skrill
  • Neteller
  • Volet
  • WebMoney
  • FasaPay
  • SEPA
  • Credit and Debit Cards
  • Online banking
  • Neteller
  • Skrill
  • PayPal
  • WebMoney
  • Bank Transfer
  • Visa
  • Mastercard

xChief

ForexChief offers a wide range of deposit and withdrawal methods without any fees on their part, with fast processing of requests.

Tickmill

Tickmill provides a wide choice of deposit and withdrawal methods without charging fees, ensuring high-speed processing of transactions.

Markets and Products

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Markets and Products: comparison of xChief, Tickmill
BrokerxChiefTickmill
Markets and Products
4/5
5/5
Forex
39
62
Precious Metals
2
4
Energy Carriers
3
2
Indices
10
23
Stocks
100
489
Cryptocurrency
5
9
Soft Commodities
-
2
ETF
-
23
Bonds
-
4

xChief

Forex Chief offers a respectable variety of trading instruments.

Pros

  1. Wide range of currency pairs and CFDs.
  2. Access to cryptocurrency trading.
  3. Flexible margin requirements.

Cons

  1. Lack of soft commodities.
  2. Limited number of stock CFDs.

Tickmill

Tickmill offers diverse trading assets, including currency pairs, stock indices, commodities, bonds, and cryptocurrencies.

Trading Platforms

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Trading Platforms: comparison of xChief, Tickmill
BrokerxChiefTickmill
Rating
4/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • TradingView

xChief

Forex Chief offers widely used and functional MT4 and MT5 platforms, providing convenience and accessibility for traders.

Pros

  1. Use of popular and proven MT4 and MT5 platforms.
  2. Availability of platforms on various OS (Windows, iOS, Android).

Cons

  1. Lack of proprietary unique platform.
  2. Limited selection of platforms compared to some competitors.

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

  1. Reliable and functional MetaTrader 4 and 5 platforms and integration with TradingView.
  2. Mobile app for trading on the go.
  3. An interesting solution for automatic trade copying with Pelican Trading.

Analytics

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Analytics: comparison of xChief, Tickmill
BrokerxChiefTickmill
Rating
3/5
5/5

xChief

ForexChief offers basic analytical tools, but they are generally insufficient for serious trading.

Pros

  1. Current central bank interest rates.
  2. Convenient trader's calculator.

Cons

  1. Outdated economic articles.
  2. Insufficient variety of analytical tools.

Tickmill

Tickmill offers extensive analytical tools, including regular reviews, Autochartist, and the Signal Centre tool.

Pros

  1. Daily fundamental and technical analytical reviews.
  2. Useful analysis tools such as Autochartist and Signal Centre.
  3. Market sentiment information and handy Forex calculators.

Education

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Education: comparison of xChief, Tickmill
BrokerxChiefTickmill
Rating
3/5
5/5

xChief

ForexChief's educational materials cover the basics, but do not offer in-depth training.

Pros

  1. Wide range of article topics for beginners.
  2. Various trading strategies and indicators are presented.

Cons

  1. Lack of more advanced materials.
  2. No video tutorials or webinars.

Tickmill

Tickmill provides a comprehensive package of educational materials, including webinars, seminars, eBooks, video tutorials, and a blog.

Pros

  1. A wide variety of learning formats to suit different trader preferences.
  2. Periodic webinars and seminars with experts for in-depth understanding of trading.
  3. Regularly updated analytical and educational materials in the blog.

Customer Support

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Customer Support: comparison of xChief, Tickmill
BrokerxChiefTickmill
Rating
4/5
4/5
Email Support
Hotline Phones
Social Media

xChief

ForexChief support is well-organized and easily accessible, but has limited operating hours.

Tickmill

Tickmill's technical support is high quality, available through various channels, and provides timely responses.

Pros

  1. Email inquiries responded to within 24 hours.
  2. Professionalism and competence of staff.

Cons

  1. Support is not available 24/7.
  2. Can only call an international phone number.
  3. Messengers are not among the communication channels.

Comparisons of xChief and Tickmill with other brokers

Conclusion

When choosing between Tickmill and xChief, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: xChief or Tickmill?

Tickmill ranks higher than xChief in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: xChief or Tickmill?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — xChief or Tickmill?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with xChief and Tickmill?

xChief: MetaTrader 4, MetaTrader 5. Tickmill: MetaTrader 4, MetaTrader 5, TradingView. See the “Platforms” section for details and selection tips.

What markets can you trade with xChief and Tickmill?

xChief: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Tickmill: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by xChief and Tickmill?

xChief: CENT, Classic+, DirectFX, xPRIME. Tickmill: Classic, Raw. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by xChief and Tickmill?

xChief: Skrill, Neteller, Volet, WebMoney, FasaPay, SEPA, Credit and Debit Cards, Online banking. Tickmill: Neteller, Skrill, PayPal, WebMoney, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — xChief or Tickmill — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.