Pro Account Comparison: Tickmill vs Exness
Both Exness and Tickmill offer excellent services to professional traders, but what about their trading conditions?
Introduction to Tickmill
Tickmill is a regulated online broker offering more than 80 financial products for online trading, with a professional and easy-to-use trading platform with many tools for in-depth market analysis and generating automated trading recommendations.。
The broker's trading environment includes extremely low spreads and rapid execution of trades at the best market prices.。Choose from a variety of customizable account types and convenient payment methods to quickly and easily top up your account。
To start, you should open a free demo account。This is a great way to practice your technique without investing any money, and it only takes a few minutes to complete the registration process。With liquidity from the world's most prominent banks and hedge funds, Tickmill ensures that all your orders are executed correctly and at a lower cost。
When you place an order, they try to match your order to the best price currently available in that liquidity pool。In general, if a broker has more liquid assets, you can negotiate a cheaper price with them。The presence of large amounts of liquidity not only extends execution time, but also improves spreads。All orders are cleared using quoted prices from these suppliers with their respective sources of liquidity。
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 coAwards。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 you are not 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 the 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 real accounts, they can choose to offer 3 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 a 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 get stop loss and take profit calculations; most importantly, Tickmill provides automatic traders with VPS hosting without worrying 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 transaction numbers.。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。
Tickmill Pro Account
The broker offers three different real account types that can meet the requirements of various traders, which is very good。You can use classic, professional or VIP accounts。All accounts can trade more than 84 trading products, including more than 60 foreign exchange currency pairs, 15 stock indices, WTI, precious metals and bonds.。The main differences between these accounts are spreads, commissions and minimum deposits required.。
The variable spread of the professional account starts at 0 and the commission per hand per side is only $2。Minimum number of hands is 0.01, the maximum leverage is 1: 500。Traders who adopt a scalping strategy may find the account to be an excellent choice, as scalping strategies rely on small price movements。Still, for many different traders, the required minimum deposit may be more than they can afford。
But the minimum deposit is $100, which is not too expensive.。You will need to fill out an online application form and they estimate it will take about three minutes if you want to set up an individual customer account。
The account takes security measures very seriously; one of the evidence can be seen during the application process。After your information is submitted to KYC, you must verify your email address and submit proof of address (POA) and identification (POI) documents。Once the account team has completed document verification, you can fund your account and start trading。To create a company account, you need to submit supplementary documents such as a company registration certificate and articles of association。
When creating an account, if you have any questions or concerns, or want to choose the right account for you, you can always ask support for help。
Introduction to Exness
In 2008, Exness began its global brokerage business.。Over the past few years, Exness has expanded significantly, with the company being governed by seven different governments.。Wide range of tradable assets。
Exness is regulated by seven different regulators。The company has decided to withdraw from the European Union and the European Economic Area (EEA) in 2019.。It is one of the few Forex and CFD brokers to publish monthly trading volumes on its website.。And, with a typical trading volume of more than $600 billion, the company ranks among the most important competitors.。
The choice of broker will change according to the needs of each trader. If you only need the basic platform and the best trading functions, then Exness is the best choice。
Exness with its 0 only.Advantages such as the low point difference from 1 o'clock make up for its lack of functions, which is very suitable for scalping traders。Spreads for major currency pairs in some account types can also be as low as 0.0 point, depending on market conditions。
Not only that, traders can also enjoy other advantages such as automatic withdrawals。Exness will process most customer withdrawals immediately without manual inspection, but withdrawals may be limited depending on the payment method。
Exness is one of the STP / ECN brokers in Europe, and the safety of traders' funds is also guaranteed。Exness became the official partner of Real Madrid football team for 3 years from July 2017, which also proves the high stability of the company。
Exness supports deposits and withdrawals 24 hours a day, 7 days a week, but the company is not responsible for deposit and withdrawal problems due to payment system reasons.。
Exness does not charge traders any transaction fees, and certain payment methods may incur some fees。Exness offers traders a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill and more。
Financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。In addition, it is one of the most transparent brokers in the online trading industry, and traders can find all the company's information on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。
Exness offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, web and mobile platforms, and traders can access them anytime, anywhere。
Over the years, Exness has developed into a broker that attracts traders, complying with financial regulations such as FCA and CySEC, further strengthening traders "trust.。
Trading volume, one of the measures of client confidence, reached $348.4 billion in monthly trading volume for its clients as of December 2018, with more than 50,342 active traders worldwide.。
Traders also have the opportunity to earn extra income by becoming a partner through multiple programs offered by Exness。By introducing the Broker (IB) program, partners can earn up to 33% spread commission from each new customer who signs up.。
In addition, you can get additional income from Exness Partners, and traders who register through the member link can get up to 25% spread commission per trade.。
Customers can also use their free VPS hosting service when dealing with Exness。VPS (Virtual Private Server) provides traders with higher reliability and stability, and can maintain their trading and expert advisors without interruption in the event of unexpected technical problems (such as Internet or power outages)。
In summary, Exness is a trader's favorite broker for its low spreads and flexible account types, ideal for traders with limited funds but need more opportunities to maximize profits, and is also known for its maximum support for new and old partners.。
Exness Pro Account
Standard accounts and professional accounts are the two main types of trading accounts offered by Exness.。The regular account is further divided into two different sections: MetaTrader 4 and MetaTrader 5。Standard account and standard cent account types available on the MetaTrader 4 platform。Since standard cents can be bought and sold in micro lots, this account is more suitable for beginners.。
One of the most popular accounts offered by Exness is the professional account。The most significant difference between the two accounts is that the professional account offers 0.A spread of 0 points with a minimum commission of 3 per trade.$5 for those with extensive market expertise。
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