Head-to-Head Comparison

Saxo Bank vs Tickmill

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

Saxo Bank logo

Saxo Bank

FSA
Est. 1992
VS
Score
0:5
Tickmill logo

Tickmill

FSA
Est. 2014

Quick Summary

Saxo Bank (established 1992) and Tickmill (established 2014) are both regulated forex and CFD brokers. Tickmill offers tighter spreads starting from 0 pips, compared to Saxo Bank's 0.4 pips. Both brokers offer similar maximum leverage of 30:1. Tickmill has a lower minimum deposit requirement of $100.

Trading Conditions

Feature
Saxo Bank
Tickmill
Min. Spread
0.4 pips
0 pips
Min. Deposit
$2000
$100
Max Leverage
30:1
1000:1
Execution
Market Maker
Hybrid
Instruments
71000+
600+
Founded
1992
2014
Headquarters
Denmark
Seychelles

Regulation & Licensing

Saxo Bank logo
Saxo Bank

FSA(1149)
Denmark
FCA(440751)
United Kingdom
ASIC(321946)
Australia

Tickmill logo
Tickmill

FSA(SD008)
Seychelles
FCA(717270)
United Kingdom
CySEC(278/15)
Cyprus
FSCA(FSP 49464)
South Africa
Labuan FSA(MB/18/0028)
Malaysia (Labuan)

Platforms & Features

Feature
Saxo Bank
Tickmill
Platforms
SaxoTraderGO, SaxoTraderPRO
MetaTrader 4, MetaTrader 5, Tickmill Mobile App
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account

Server Infrastructure

Metric
Saxo Bank
Tickmill
Total Servers
2
Total Endpoints
12
Countries
4
Hosting Providers
UpCloud Ltd, Rackspace.com Hong Kong Limited, OVH

Account Types

Saxo Bank

Classic
Spread: 0.6 pipsMin: $2000Lev: 30:1
Platinum
Spread: 0.4 pipsMin: $200000Lev: 30:1

Tickmill

Classic
Spread: 1.6 pipsMin: $100Lev: 1000:1
Raw
Spread: 0 pipsMin: $100Lev: 1000:1Comm: $6/lot
VIP
Spread: 0 pipsMin: $50000Lev: 1000:1Comm: $2/lot

Verdict: Saxo Bank vs Tickmill

Based on our verified data analysis, Tickmill has a slight edge in this comparison with a score of 5 vs 0.

Choose Tickmill if you prioritize the tightest possible spreads. Choose Tickmill for a lower entry barrier.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.