Side-by-side broker analysis
switchmarkets vs Tickmill
Live comparison from our broker database — regulation, trading costs, platforms, deposits, safety scores, and service quality.
Tickmill
Lowest min. deposit
switchmarkets
$40
Highest rating
Tickmill
4.6/5
Best safety score
Tickmill
55/100
Tickmill leads this comparison based on leads on rating, safety, regulation, and overall trading profile in our database.
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Overview
| Metric |
switchmarkets
|
Tickmill
|
|---|---|---|
| Overall rating | 4.5/5 | 4.6/5 |
| Safety score | 53/100 | 55/100 |
| Risk status | High Risk | Medium Risk |
| Trust score | — | — |
| User reviews | — | 1 |
| Founded | — | — |
| Headquarters | Australia | Seychelles |
| Top feature | ree VPS Hosting with Ultra-Low Latency for Seamless Algo Trading | Ultra-Low ECN Spreads from 0.0 Pips with Fast Execution and FCA Regulation |
Regulation & Safety
| Metric |
switchmarkets
|
Tickmill
|
|---|---|---|
| Regulators | ASIC (Australia) | FCA (UK), CySEC (Cyprus), FSA (Seychelles) |
| Regulatory tier | — | — |
| Broker type | Regulated | Regulated |
| Investor protection | No | No |
| Segregated funds | Yes | Yes |
| Negative balance protection | No | No |
Trading Conditions
| Metric |
switchmarkets
|
Tickmill
|
|---|---|---|
| Minimum deposit | $40 | $100 |
| Average spreads | From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). | From 0.0 pips (Raw/Pro ECN accounts), Standard accounts from ~1.0 pips |
| Commission | None | None |
| Maximum leverage | Up to 1:1000 | Up to 1:1000 |
| Fee level | Medium | Medium |
| Withdrawal fee | — | — |
Accounts & Markets
| Metric |
switchmarkets
|
Tickmill
|
|---|---|---|
| Account types | Standard & Pro account types. | Standard, Raw (Pro), VIP, Islamic |
| Tradable instruments | — | — |
| Markets | — | — |
Platforms & Tools
| Metric |
switchmarkets
|
Tickmill
|
|---|---|---|
| Trading platforms | MetaTrader 4, WebTrader | MetaTrader 4, MetaTrader 5, WebTrader |
| Mobile trading | Yes | Yes |
| Web trader | Yes | Yes |
| VPS hosting | Yes | Yes |
| Social trading | Yes | Yes |
Deposits & Withdrawals
| Metric |
switchmarkets
|
Tickmill
|
|---|---|---|
| Deposit methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Cryptocurrencies (Bitcoin, Ethereum), Local Methods (e.g., FPS for Asia). Instant processing for most; no deposit fees except crypto blockchain. | Bank Wire Transfer, Visa, Mastercard, Skrill, Neteller, Sticpay, Local Bank Transfer (varies by region) |
| Withdrawal methods | Same as deposits; processed 24–72 hours, with 0.5%–2% fees. | Bank Wire Transfer, Visa, Mastercard, Skrill, Neteller, Sticpay, Local Bank Transfer (varies by entity) |
| Payment methods | GBP/EUR/USD supported; third-party fees may apply. | Bank Transfer, Credit/Debit Cards (Visa, Mastercard), E-wallets (Skrill, Neteller, Sticpay), Local Payment Solutions |
Support & Service
| Metric |
switchmarkets
|
Tickmill
|
|---|---|---|
| Support channels | 24/5 live chat, email, WhatsApp; highly rated for responsiveness (4.7/5 on Trustpilot). | 24/5 Live Chat, Email Support, Phone Support, Multilingual Support |
| Languages | English, Spanish, Arabic, Chinese, Malay, Indonesian (multilingual support). | English, Spanish, Arabic, Chinese, Portuguese, Thai, Vietnamese, Indonesian |
| Account managers | Yes | Yes |
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