In terms of cryptocurrency trading, FXOpen and Tickmill offer different amounts of leverage and crypto assets, below will tell you how to choose the right broker。

As we all know, cryptocurrency trading has been very popular in the past few years, and former alternative investments have now been openly discussed as a viable investment option for various groups of speculators.。As a result, you can now find and trade cryptocurrency CFDs in mainstream brokers。

In general, when choosing a CFD broker for cryptocurrency trading, you should consider the following features:

• Cryptocurrency diversification: Make sure the broker offers the cryptocurrency CFDs you want to trade, or at least major cryptocurrencies like BTC, ETH, and LTC。If you want to diversify, make sure the broker offers at least stablecoins。
  Maximum Leverage: Choosing a broker that offers high leverage is great, but that doesn't mean you have to follow it。For cryptocurrency CFDs trading, a leverage of 1: 5 or less is recommended。
  Spreads and commissions: finding an affordable broker for you。Keep in mind that it is normal for cryptocurrency CFDs to have higher spreads due to higher volatility。
  Trading Platforms: MetaTrader 4 and MetaTrader 5 are very popular when it comes to forex and cryptocurrency trading, so make sure your broker offers at least these two platforms。

As we all know, FXOpen and Tickmill are both brokers that offer competitive trading conditions, but when it comes to cryptocurrency trading, which one is preferable?？Let's take a look at the quick comparison below。

Cryptocurrency Trading Specification	FXOpen	Tickmill
Encryption Tools	More than 40 cryptocurrency pairs including BTC, ETH, DSH, BCH, IOT, LTC, XRP, EOS and more。	9 (BTC, ETH, ADA, SOL, LTC, XRP, XLM, LINK, EOS)
Maximum Leverage	1:2	1:200
🔢Point difference	Floating (BTC vs. 3)	Floating (Bitcoin / USD from 12 o'clock)
Commission	Half wheel 0.5%	None
Trading platform	TickTrader, Trading View, MT4, MT5	MT4, MT5, Tickmill Mobile App
💼监管	FCA ASIC CYSEC	FSA FCA DFSA CYSEC FSCA
Minimum deposit	$1	$100
Transaction time	24/7	24/7
Overnight Swaps	10% per year	No Swaps
Minimum transaction size	0.01 Hands	0.01 Hands
Maximum transaction size	Unlimited	100 hands

You can refer to the information sheet above to make a selection。If you want to know more, let's discuss the cryptocurrency trading features of FXOpen and Tickmill separately。

Cryptocurrency trading in FXOpen

Founded in 2003, FXOpen is a leading multi-asset broker and one of the pioneers in offering Bitcoin and Ethereum CFDs trading in forex brokers.。It offers no less than 40 cryptocurrency CFDs pairs, including some of the most popular currency pairs such as BTC Bitcoin / EUR Euro, BTC Bitcoin / USD USD, BTC Bitcoin / JPY Yen, ETH Ether / USD USD, and XRP Ripple / USD USD.。

However, in FXOpen, cryptocurrency trading is only available to professional clients, as CFDs are considered high-risk leveraged products that can result in huge losses.。Eligible customers can trade cryptocurrencies through FXOpen's multi-asset platform, which allows you to trade digital assets with other instruments。

Using the broker's ECN account, you can easily trade cost-effectively, with leverage up to 1: 2, narrow floating spreads, and strong liquidity。

On the platform, you can place three types of orders, namely market orders, limit orders and stop orders。Alternatively, you can opt for an automated cryptocurrency trading system to save time。Just select and download an existing script or create your own to ensure that the transaction is executed exactly the way you want。Note that hedging and scalping are also permitted。

Plus, you'll find plenty of analytical tools and insights to help you trade。Over 50 built-in indicators and graphical tools to choose from, including market news, insights and more。

---

FXOpen has been operating as an online trading provider for retail customers since 2005.。The company was founded by a group of traders with a mission to provide services in the interests of traders.。FXOpen claims to be one of the first companies to offer ECN trading via MetaTrader 4 (MT4)。With unique proprietary price aggregation technology, customers can benefit from the industry's most competitive spreads (from 0 points) and low trading commissions。

In 2006, FXOpen also became the first broker to offer micro and swap-free accounts.。Since then, they have gone on to become pioneers in a number of high-tech services, including the first crypto account that can offer trading facilities for 24 cryptocurrency pairs such as Bitcoin, Litecoin and Ethereum.。

In addition, the company also provides one-click trading and secondary MT4 plug-ins, allowing traders to trade with just a click of the mouse。Traders don't need to worry about trading security at FXOpen。They are registered with Nevis, FCA UK and ASIC Australia。

Provide STP, Micro, ECN and other trading accounts, as well as free unlimited demo accounts。Minimum deposit per account depends on account type; $1 for micro accounts, $10 for STP and cryptocurrency accounts, and $100 for ECN accounts。FXOpen also offers leverage up to 1: 3 (for cryptocurrency accounts) and up to 1: 500 (for micro, STP and ECN accounts)。

In addition, traders can enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems.。Both services allow anyone to copy the trades of an experienced trader。Thus, a trader can replicate the results of a professional trader's strategy。

The FXOpen PAMM service allows transactions to be copied from the main account to one or more follower accounts and automatically distributes profits and losses。A professional trader operates personal funds through a PAMM account, his trading strategy is copied into the funds of his followers。The owner of the follower account can view and analyze the performance of the PAMM account with the help of advanced analytics。FXOpen has 3 PAMM accounts, STP, ECN and Crypto PAMM。

On ECN accounts, traders will receive direct quotes from leading liquidity providers, including Dresdner Bank, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan Chase, Morgan Stanley, Deutsche Bank, Royal Bank of Scotland, Citibank and UBS Group。

After seeing the various advantages offered by FXOpen, traders can easily register an account by simply filling out the form in the registration menu of the FXOpen website。Traders will be required to verify documents in advance if they want to deposit or withdraw funds。According to the trader's experience and information, since the establishment of FXOpen, customers have not had any major complaints about payments (deposits or withdrawals)。

After registering with FXOpen, traders also have the opportunity to receive other benefits, such as the FXOpen cash return program within the first 90 days after new customer registration。Cash back minimum $5, maximum $1,000。

In addition, ECN, STP and crypto account holders can also use free VPS。Traders who can maintain a net worth of $5,000 at the end of the month or reach a monthly trading volume of $10,000,000 can use FXOpen VPS for 1 month free of charge。The advantages of VPS on FXOpen are excellent accessibility, flexibility and speed。

Trading on FXOpen becomes easier because traders can increase their insight into trading by participating in competitions。FXOpen Broker via ForexCup.com website offers weekly and monthly trading competitions on demo accounts, traders can participate in free competitions to hone their skills。If you want a bigger challenge, there are trading competitions on real accounts。

The company also offers a forex partnership program to traders, forex brokers and website owners who post information on fiat and cryptocurrency trading.。There are 3 types of partner levels, including using referral (affiliate) links, Forex rebates, and personal partner conditions to attract new customers to FXOpen's Forex IB (Forex Agent)。

All in all, FXOpen is a comprehensive forex brokerage firm for traders who want to try a variety of trading tools, the trading environment for ECN accounts, low minimum deposits, the best cryptocurrency trading conditions, and interesting trading features such as PAMM and mock competitions.。

Cryptocurrency Trading in Tickmill

Tickmill is a long-established broker that has been in business since 2014.。Although the broker has been established for a short period of time compared to other mainstream brokers, Tickmill has proven to be a safe and reliable trading service provider.。The broker is currently regulated by several regulators including the Seychelles FSA, UK FCA, UAE DFSA, Cyprus CySEC and South Africa FSCA。

In terms of cryptocurrency trading, Tickmill offers nine popular cryptocurrencies, namely Bitcoin (BTC / USD), Ethereum (ETH / USD), Litecoin (LTC / USD), Cardano (ADA / USD), Ripple (XRP / USD), Stellar (XLM / USD), Chainlink (LINK / USD), Solana (SOL / USD), and EOS..IO (EOS / USD), these assets are available 24 / 7 on popular MT4 and MT5 platforms。

Tickmill customers can go long or short major cryptocurrencies with leverage of up to 1: 200 and high execution speed, with an average speed of 0.20 seconds。Not only that, brokers also don't charge cryptocurrency traders any commissions and swap fees, which makes it a good choice for small and large traders.。

For more market insights, you can check out Tickmill's trading tools, which include various features such as economic calendar, signal center, market sentiment, and more。All features completely free for Tickmill customers。

---

Tickmill is an award-winning global ECN broker licensed and regulated by the Financial Conduct Authority (FCA), Cyprus CySEC and the Seychelles FSA。Founded in 2014, the company offers a variety of trading services to retail and institutional clients with a focus on foreign exchange, equities, commodities, CFDs and metals.。

For traders who prioritize spread value in broker selection, Tickmill offers premium services with low spreads, from 0.From 0 o'clock。

The London-based company's mission is to provide clients with the best possible trading environment so that they can focus on trading and become successful traders, such as offering 0.15 seconds of quick execution。With this setup, Tickmill gets CFI.Best Forex Executive Broker Award 2019 from co Awards。In addition, Tickmill has been awarded "Best CFD Broker in Asia 2019" by International Business Magazine, "Best Forex Broker in Asia" by Forex Awards and "Most Transparent Broker in 2019."。

After registering with Tickmill, traders can choose the most desirable asset among the 60 currency pairs available for trading。If the trader is not yet sure whether to open a real account, Tickmill recommends learning to trade through a demo account。

There are also educational features such as webinars, seminars, e-books and video tutorials。Traders can use all these facilities to increase their knowledge about trading and the financial markets in general。If traders already have enough knowledge, they have a greater chance of consistently earning profits。

For traders who sign up for a real account, they can choose to offer three types of accounts, including professional accounts, classic accounts and VIP accounts。Traders can take 0.01 minimum order opening。This applies to all types of accounts。

The company offers advice to traders who are still confused when choosing an account。For example, for novice traders, Tickmill encourages customers to opt for classic accounts。It provides the best conditions for fast order execution while enabling traders to use almost any trading strategy。In addition, the account does not charge a trading commission, so the trader only pays the buy / sell spread。In addition to the above three main accounts, Tickmill also offers Islamic accounts (free of overnight interest).。

At Tickmill, however, traders can only use MetaTrader 4 as their trading platform.。Although not much compared to other brokers, the Tickmill platform provides a user-friendly and highly customizable interface with sophisticated order management tools to help traders control positions quickly and effectively。

One-click EA integrated on MT4 enhances the convenience of Tickmill trading。Traders will automatically receive stop loss and take profit calculations; most importantly, Tickmill provides VPS hosting for automatic traders who do not need to worry about technical issues such as Internet connection。

They offer a variety of third-party research solutions, including Autochartist, a popular pattern recognition software that uses automated technical analysis to make predictions and generate trading signals.。Autochartist is available in the portal of Tickmill and as a platform plug-in for MetaTrader 4。

As a Tickmill customer, traders can deposit and withdraw money using multiple payment methods including Visa, Mastercard, Bank Transfer and Skrill。Tickmill accepts deposits and withdrawals in 4 currencies, including USD, EUR, GBP and Polish Zloty。

Overall, Tickmill is a competitive spread broker and offers a safe trading environment with its regulated entities located in three different jurisdictions.。Although the trading platform is not great, the analytical tools they provide to meet the needs of traders meet the standards of retail brokers。

Compare cryptocurrency trading between FXOpen and Tickmill

Cryptocurrency trading is a great way to turn your deposits into profits。While both FXOpen and Tickmill are attractive in their own way, traders ultimately have to consider the pros and cons of each option to make a decision.。

If we refer to the quality of excellent cryptocurrency CFD brokers, FXOpen has the upper hand thanks to its wide range of tools and trading platforms that allow you to diversify your portfolio and maximize your trading potential.。In addition, brokers offer very competitive spreads.。

However, it is worth noting that cryptocurrency trading in FXOpen is only available to professional clients.。This means that its accessibility is rather low, as not all traders benefit from the service。Spreads and commissions are also not among the lowest in the industry, although they are still considered competitive。

Meanwhile, Tickmill offers higher maximum leverage and zero commissions despite high spreads。On top of that, the broker also offers all its clients the advantages of cryptocurrency CFD trading, making it suitable for a wider group of traders.。The only downside is that the broker has a limited choice of cryptocurrency instruments, which may not be enough for expert traders。

Conclusion

If you are a professional trader, we recommend FXOpen。You will be able to diversify your portfolio and maximize profits, even if you need to pay slightly higher fees for commissions and overnight swaps。

If you are a beginner or intermediate trader of cryptocurrency CFDs, then Tickmill is the best choice for you。You can focus only on the most popular important cryptocurrencies and use higher leverage to maximize your trading results。Note, however, that the spread of the Tickmill cryptocurrency is usually higher than that of FXOpen。