Traders consistently seek trusted and reliable trading platforms that suit their trading styles and preferences. Tickmill and TD Ameritrade are top-tier regulated brokers providing online trading services worldwide. Tickmill is known for its social trading and multi-asset platform, regulated in two tier-1 jurisdictions, one tier-2 jurisdiction, one tier-3 jurisdiction and one tier-4 jurisdiction including FCA , CySEC , FSA-S ,FSA (Labuan) and FSCA. On the other hand, TD Ameritrade specializes in online forex trading, regulated by three tier-1 jurisdictions including SEC , FINRA , SIPC. While these brokers offer similar services, they each have their own strengths and weaknesses.
In this article, I have compared Tickmill and TD Ameritrade in terms of trading platforms, Pros, Cons, regulations, tradable assets, fees, customer support, and overall trading experience score. This analysis aims to help you determine which broker better suits your trading style and preferences.
Tickmill vs TD Ameritrade: In a Nutshell
Tickmill
Co-founded by Ingmar Mattus, Illimar Mattus, and Nikolai Nikolajenko in 2014, Tickmill is a forex and CFD broker that offers online trading services to traders and investors worldwide. The current CEO of Tickmill is Sudhanshu Agarwal. The company has offices in the UK, Cyprus, South Africa, Seychelles, and Malaysia. Tickmill offers trading services in forex, stock indices, commodities, cryptocurrencies, bonds, and stocks. The company provides its services to both institutions and individual clients worldwide. Tickmill is regulated by top regulatory authorities including FCA, CySEC, FSA, FSA (Labuan), and FSCA. The broker offers a wide range of trading platforms and tools including MT4, MT5, WebTrader, an economic calendar, VPS, Capitalise.ai, a forex calculator, and more.
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TD Ameritrade
Founded in 1971 as Ameritrade, TD Ameritrade is a well-known American online brokerage firm that offers a wide range of financial services including stocks, Forex, options, ETFs Mutual Funds, fixed income, and other investment products TD Ameritrade went through a couple of acquisitions and mergers. In 2006, it acquired the US operations of TD Waterhouse, followed by the acquisition of Scottrade in 2017. Finally, in 2020, Charles Schwab Corporation acquired TD Ameritrade. TD Ameritrade provides access to both US and non-US traders to trade on this platform.
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Tickmill vs TD Ameritrade: Features
Tickmill:
- Trading Instruments: A wide range of trading instruments including Forex, Stock Indices, Commodities, Bonds, Cryptocurrencies, Stocks
- Maximum leverage: The maximum default leverage is 500:1. However in some countries or tradable assets the broker offers 1000:1 leverage.
- Minimum Deposit: $100 or equivalent for all account types.
- Minimum Withdrawal: $25 or equivalent.
- Trading Fees: Spreads start from 1.6 pips for the Classic Account (no commission). The Raw Account has a spread of 0.0 pips with a commission of $3 per lot per side.
- Account Type: Two ( Classic Account, Raw Account)
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot: Allowed
TD Ameritrade
- Trading Instruments: 4,700+ trading instruments including Stocks, ETFs, mutual funds, options, fixed income, futures, and forex, as well as margin lending and cash management services
- Maximum Leverage: 50:1. Offers both leverage and non-leverage assets.
- Minimum Deposit: TD Ameritrade does not require a minimum deposit to open a trading account
- Account Type: Brokerage and Trading, Retirement Account, Education and Custodian, charitable giving, lending, Small business retirements, Checking and Savings, Robo and Dedicated Advice, credit cards, Annuities, Trust and Estate, Insurance
- Trading Fees: TD Ameritrade offers a $0 account minimum with no charges for trading stocks and ETFs. Bond trades are $1 per bond, and most options contracts cost $0.65 each. Mutual fund trades typically cost around $50, but the firm also provides access to over 3,600 no-transaction-fee funds
- PAMM/MAM: Not Available
- News Trading: Allowed
- Scalping: Allowed
- Automated Trading: Allowed
Tickmill vs TD Ameritrade: Pros and Cons
Tickmill
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TD Ameritrade
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Tickmill vs TD Ameritrade: Side-by-Side Comparison
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Tickmill Vs TD Ameritrade: Our Scores and Ratings
We rated both brokers, Tickmill and TD Ameritrade, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
Tickmill :
TD Ameritrade
Final Verdict :
Both Tickmill and TD Ameritrade are regulated online trading platforms in the industry, offering services to traders and investors. However, there are some differences between them. Tickmill is a multi-asset and social trading platform, providing trading instruments, including forex,stock, indices,commodities,bonds,cryptocurrencies,stocks. It offers both leverage and non-leverage tradable assets. On the other hand, TD Ameritrade is a forex and CFD broker offering stocks,options,ETFs,mutual funds,futures,forex,margin trading,bonds & fixed income.
Our score for Tickmill is 8.9 and for TD Ameritrade, it is 8.8 (based on our research; a score above 8 is considered safe and trustworthy). If you are seeking a social trading platform where you can copy other successful traders and have a one-stop solution for various types of trading, you may choose Tickmill. However, if you prefer online forex and CFD brokers, you may choose TD Ameritrade.
