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Saxo Bank vs Tickmill : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Saxo Bank
Tickmill
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
Both market maker and STP broker
Years of Existence / Established Year
1992
2014
Customer Base / Number of Accounts
1 million+ clients
134,000+ newly registered accounts, 75,000+ new active clients
Regulation & Security
Regulations (governing bodies)
FSA, FCA, MAS, JFSA, SFC, ASIC, DFSA, FINMA, MiFID
FSA, FCA, FSCA, CySEC,DFSA
Awards Won (count for the last 2 years)
Best Prime-of-Prime Broker 2024, Best Trading Platform 2024, Best Forex Broker 2024, Best CFD Broker 2023 and Best DMA/Professional Trading Account 2023
ForexBrokers.com Annual Forex Broker Review 2024, Best Trading Spread Brokersview 2024, Rankia Argentina 2024, Best Spreads for Gold Trading FX Empire 2024, Best Spreads in the UK FX Empire 2024, Finance Magnates Africa Summit 2023
Security Measures
Danish Depositor and Investor Guarantee Scheme DGS upto EUR 100,000 per depositor
FSCS, ICF
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
over 71,000 financial instruments including Turbos
500+ stocks and ETFs
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
No
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
Yes
Bonds
Yes
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
Yes
cTrader
No
No
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Saxo investor, SaxoTrader GO, SaxoTrader PRO
Tick mill trader app
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Saxo account, Joint account, Corporate account, Professional account
Classic, Raw, Tickmill trader raw account for Forex and CFDs
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$0
$100
Leverage Available
1:50-1:100
1:1 to 1:1000
Trade Limit (maximum per trade)
Depends on the assets class
100 lots
Commission (per account type)
$0
Tickmill trader raw account- $3.50 per lot per side, Raw account- $3 per lot per side, Classic account -$0
Best Suited For (e.g., beginners, experienced traders)
Beginners to experienced traders
Beginner to experienced traders
Deposit & Withdrawal Options
Deposit Methods
VAN bank transfer, Bank transfer, Telegraphic transfer, Credit/ debit card
Bank transfer, Crypto payments, Visa/ Mastercard, Union pay, e-wallets
Withdrawal Methods
Telegraphic Transfer, MEPS
Bank transfer, Crypto payments, Visa/ Mastercard, Union pay, e-wallets
Other E-Wallets Supported
No
Skrill, Neteller, Stic Pay, FasaPay, Web money
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Saxo Academy Trading Education, Market Analysis and Insights, Webinars, Trading Strategies and Ideas, Saxo TV Market News and Analysis
Trading Education, Market Analysis, Webinars, eBooks and Guides, Video Tutorials, Tickmill Analytics Market Insights
Fees & Commissions
Trading-Related Fees
Stocks - $1, ETFs-$1, Bonds- 0.05%, Mutual funds- $0, Spread on Major forex pairs- from 0.7 to 0.9 pips
Spread classic account- 1.6 pips, Raw account - 0.0pips
Spread (typical, fixed, variable)
Variable
Variable
Per Lot Fees
NA
$3
Options Contract Fees
$0.75
NA
Futures Contract Fees
$1
$0.85
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
1:1000
1:1000
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
100 EUR per ISIN
NA
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
NA
Account Opening Fee
NA
NA
Account Maintenance Fee
NA
$0
Deposit Fee
Plus or minus 0.25%
$0
Currency Conversion Fee
$0
NA
Withdrawal Fee
$0 bank fees may apply
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by instrument
Monday from 00:02 until 24:00, from Tuesday 00:00 to Thursday 24:00 and on Friday from 00:00 until 23:58
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24/7
Customer Support Methods (phone, email, live chat)
Phone: +33 1 78 94 56 40, +44 (0)207 151 2100, +39 02 3668 2929, +31 (0)20 225 5900, +41 58 317 95 00. E-mail: [email protected], Live chat
Client Support phone : +852 5808 7849, Email: [email protected], Live chat
Support Languages
24+
15+
Additional Information
Headquarters Location
Copenhagen, Denmark
3rd Floor, 27 - 32 Old Jewry Tickmill London, Greater London EC2R 8DQ GB.
Complaints (for crypto brokers)
No
No
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