Saxo Bank vs Tickmill
Side-by-side comparison of regulation, trading costs, platforms, and account types for Saxo Bank and Tickmill.
Saxo BankTrust 9.4/10
DFSA
FCA
ASIC
MAS
Established Danish investment bank offering one of the broadest product ranges in retail trading: forex, CFDs, stocks, ETFs, bonds, futures, and options across 50+ markets. Multi-regulated under FINMA, FCA, ASIC, MAS, JFSA. Premium platform (SaxoTraderGO/PRO) suits experienced and institutional traders.
TickmillTrust 8.7/10
FCA
CySEC
FSA-Seychelles
FSCA
Cost-leader broker with industry-low $4/lot commission on Pro account. FCA regulated. No-frills, execution-focused broker for serious traders.
Quick verdict
- Trust: Saxo Bank has the higher trust score.
- EUR/USD spread: Tickmill is tighter on EUR/USD.
Side-by-side comparison
| Feature | Saxo Bank | Tickmill |
|---|---|---|
| Trust score | 9.4 | 8.7 |
| Regulators | DFSA, FCA, ASIC, MAS, JFSA, FINMA | FCA, CySEC, FSA-Seychelles, FSCA |
| Headquarters | — | — |
| Founded | — | — |
| Min deposit | $0.00 | $100 |
| Max leverage | 1:200 | 1:500 |
| EUR/USD spread | 0.40 pips | 0.10 pips |
| Commission per lot | $0.00 | $4 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | — |
| Withdrawal methods | — | — |
| Withdrawal speed | — | — |
| Base currencies | — | — |
Saxo Bank is best for
Sophisticated traders
Multi-asset investors
High-net-worth clients
Tickmill is best for
Cost-conscious scalpers
Volume traders
No-frills traders