This comparison overview assists individuals who have a hard time to select in between Charles Schwab and Tickmill to locate the most effective online broker for their trading and financial investment demands. It evaluates the main features of the two brokers alongside to aid customers compare their solution and make an informed choice.
To aid users select the best broker between Charles Schwab and Tickmill to find the best-suited platform, listed below is a checklist of broker’s advantages and disadvantages, adhered to by a comparison of their main trading functions, including trading systems & tools, costs, mobile trading, deposit & withdrawal, properties, policy, and client support.
Charles Schwab vs. Tickmill: Summary
Charles Schwab is a US based brokerage company founded in 1971. It is regulated by two tier-one financial regulators (the FINRA and SEC) and is considered safe.Users can trade on multiple assets including stocks, ETFs, funds, options, futures and cryptos.
Charles Schwab has a proprietary web and desktop trading platform. Both have a clean design and offer various customisation options and intuitive fee reports.
Charles Schwab’s trading fees are average compared to other similar brokers. They charge 0$ commission on stocks, ETFs and certain mutual funds and bonds. Their non-trading fees are low.
Charles Schwab’s customer support is available by phone, email and live chat 24/7.
Tickmill is a reputable multi-asset broker founded in 2014. It is regulated by two tier-one regulators (the FCA and MiFIDI) and is considered safe. The broker offers access to 700+ trading instruments including CFD on forex, cryptos, commodities and bonds.
Although Tockmill has an professional grade proprietary platform, they offer access to third party platforms and plugins including MetaTrader (MT4 and MT5), CQG platforms for options trading and TradingView charting addons. Education, research and market coverage are industry average.
Tickmill offers the lowest pricing in the industry for active traders. Their pricing on Classic accounts is industry average.
Pros
- Low minimum deposit ($0)
- $0 commission stock, ETF and mutual funds
- Excellent research tools and education materials
- Responsive customer support with 24/7 access
- Fast & reliable trade execution
Cons
- Limited beginner features
- Expensive managed accounts and financial advice
Pros
- Low minimum deposit ($100)
- Low average spreads from 0.54 pips EUR/USD
- Compatibility with MetaTrader 4, 5 and TradingView
- Free $30 no deposit bonus for beginners
- Futures and options trading via CQG trading platform
Cons
- Only offers CFDs
- No Islamic swap-free accounts available
Key features
- $0 commission stock and ETF trading
- Access to over 3,000 US stocks
- Multiple advanced order types
- In-house reports from Morningstar and Credit Suisse
- Google Assistant Integration
- Robo-advisor and financial advisors available
Key features
- Wide range of CFDs markets
- Advanced TradingView charting add-ons
- Real-time market sentiment data directly from the Dow Jones news feed
- Free access to Tickmill VPS and Autochartist
- Low average spread (0.54 pips EUR/USD)
Charles Schwab vs. Tickmill Comparison
Select up to 3 Brokers
Charles Schwab
Tickmill
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 2:1 | 1:500 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | Futures $0.85 per contract |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0 | 0 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 0 | 0 |
| Crypto | 0 | 0 |
| Options | US$0.65 per options contract | $1.30 per contract |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $25.000 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 11.438 | 0 |
| ETF & Funds | 2.600 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 8 exchanges | 240 |
| Futures | 8 exchanges | 800 |
| Bonds | 36.000 | 0 |
| Forex Instruments | 0 | 62 |
| CFD Indices & Funds | 0 | 26 |
| CFD Stocks | 0 | 0 |
| CFD Commodities | 0 | 3 |
| CFD Crypto | 0 | 8 |
| CFD Bonds | 0 | 4 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Charles Schwab vs. Tickmill Comparison Conclusion
The results of our comparison of Charles Schwab vs. Tickmill are wrapped up in the table listed below.
| Broker: | Best For: |
| Charles Schwab | Stocks and ETFs |
| Tickmill | CFD trading; High volume traders |
Selecting the ideal selection between Charles Schwab and Tickmill can be challenging. Both online brokers have similarities but differ relating to trading instruments, platforms & apps, law, deposit & withdrawals, and research and education and learning. Selecting the best broker relies on individuals’ trading & investment goals, specific choices, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.