AMEGA vs Tickmill - Fees Review included
Which broker is better AMEGA or Tickmill? Our expert assessment conducted according to TU’s own methodology showed that AMEGA is one of the top brokers in the financial market with the TU Overall Score of 3.96 out of 10. Tickmill is one of the top brokers in the financial market with the TU Overall Score of 8.37 out of 10. Find out more about TU Overall Score.
| Feature | AMEGA | Tickmill |
|---|---|---|
Overall |
2.8 |
4.6 |
1 |
4.9 |
|
4.1 |
4.9 |
|
3.5 |
4.1 |
|
Investment Instruments |
1 |
3.9 |
Platforms and Charting Tools |
4.1 |
4.2 |
Deposit and Withdrawal |
1.9 |
4.5 |
Research |
3.8 |
4.2 |
Education |
2.6 |
4.0 |
Support |
2.5 |
4.5 |
Bonuses |
3.7 |
4.6 |
|
|
|
AMEGA vs Tickmill: Pros and Cons
AMEGA was introduced into the financial market more than 10 years ago. This fact is the obvious evidence of its stability. Forex AMEGA has been popular in Russia only in 2017. The broker established itself as a modern service with a wide range of attractive services which would be interested for traders as for partners
Tickmill brokerage introduces a new standard in the provision of brokerage services. The focus on innovation is what the company is proud of and why traders choose it. The trading conditions of the broker are appreciated by fans of scalping and passive trading with the help of robots because Tickmill provides minimal spreads. The company has earned many awards. Thus, for two years in a row (2018 and 2019), it was awarded the “Best Execution Broker” title, and it also won the “Most Transparent Broker” title in 2019.
| AMEGA | Tickmill | |
|---|---|---|
| Overall Pros | No deposit accounts are an attractive opportunity for beginners, since you can start working with a bonus from a broker for registration and not invest your own funds | Well-Regulated broker |
| Providing deep analytics on instruments: currency pairs, oil, gold and bitcoin | Ultra low ECN trading fees | |
| Narrow spread from 0.5 pips | Any strategy is allowed | |
| no-deposit bonus $30 (only for international entety) | ||
| Free deposit and withdrawal | ||
| ECN trading account | ||
| Limited choice of trading assets | ||
| Overall Cons | No Regulatory License | |
| Lack of transparency in trading conditions |
AMEGA vs Tickmill: Safety and Regulation
| Regulated By: | AMEGA | Tickmill |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
Yes |
CySec (Cyprus, EU) |
No |
Yes |
ASIC (Australia) |
No |
No |
Other Regulators |
No, in process |
FSCA (Seychelles), Malaysia |
AMEGA vs Tickmill: Trading Conditions
| Trading Conditions | AMEGA | Tickmill |
|---|---|---|
Minimum Deposit |
$1 |
$100 |
Trading Platforms |
МТ5 |
MT4, MT5 |
Max Leverage (Futures) |
1-1000 |
1-500 |
Supported Markets |
Forex, Shares, Indices, Cryptocurrency, Metals, Energy |
Forex, CFDs on indices, commodities, crypto, metals, stocks, bonds |
Trading assets |
100+ |
200+ |
Trading Accounts |
Live MT5 Hedging, Live MT5 Netting |
Classic, Pro, VIP, Demo |
Base Account Currencies |
USD |
USD, EUR, GBP |
AMEGA vs Tickmill: Fees
Forex Trading Fees
| Fee | AMEGA | Tickmill |
|---|---|---|
Standard Account EURUSD Average Spread |
0.5 pips |
1.6 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
Not supported |
$2 per lot |
ECN Account EUR Average Spread |
Not supported |
0.1 pip |
CFD Trading Fees
| Fee | AMEGA | Tickmill |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
| Fee | AMEGA | Tickmill |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
1%-2.5% |
No |
Inactivity Fee |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
AMEGA vs Tickmill: Trading Assets
| Asset Name | AMEGA | Tickmill |
|---|---|---|
Overall |
100+ |
200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
AMEGA or Tickmill: Investment Programs
| Asset Name | AMEGA | Tickmill |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Tickmill or AMEGA
| AMEGA | Tickmill | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
AMEGA vs Tickmill: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | AMEGA | Tickmill |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
No |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
No |
AMEGA vs Tickmill: Research
| Research Type | AMEGA | Tickmill |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
AMEGA vs Tickmill: Education
| Education Type | AMEGA | Tickmill |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
Tickmill vs AMEGA: Support
| Support Features | AMEGA | Tickmill |
|---|---|---|
Working Days |
07:00–14:00 UTC /5 |
24/5 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
No |
No |
AMEGA vs Tickmill: Forex Bonuses and Promo
| Promo | AMEGA | Tickmill |
|---|---|---|
Forex Bonus |
1000 USD when replenishing a deposit in the amount of 1000 USD. Or 150% of the replenishment amount |
$30 welcome bonus |
Affiliate Program |
Multi-level affiliate program with the possibility of income distribution up to 90% |
Yes |
Other Promos |
Trading contests |
|
|
|
|
Top 5 Reviews on Tickmill
-
Comment
I trade independently and believe that Tickmill is honest. From time to time I attend webinars that provide quite good analytics, which are more aimed at novice traders. Once I had a problem with an order, but the broker decided in my favor and canceled the trade. Withdrawing money is fast, I use a bank card for this. I can recommend Tickmill.
-
Comment
Recently I received affiliate payments from tickmill. I am very glad, since it is a good percentage of my passive income. But I recommend Tickmill because it respects traders. The platform is quite functional, spreads are narrow, and fees on the ECN account are small. There are no problems with withdrawals; I have never been deceived.
-
Comment
I have been using the brokerage services of Tickmill for over two years. It's a serious broker with transparent conditions. I am currently trading on a classic account, but I plan to switch to the Pro account because Tickmill offers zero spreads on that account, which is very beneficial for active trading. I withdraw profits to my bank account, and the funds are received within three days.
-
Comment
Tickmill is an excellent broker. I recommend it to everyone who trades or starts trading. I started trading with Tickmill several years ago. I didn’t find any problems with the system connection of the platform. This broker withdraws money without any problems.
-
Comment
I would like to share my experience with Tickmill, which turned out to be a good choice. Positive aspects include high leverage, which can be useful for experienced traders. Accounts are open incredibly quickly within only 3 minutes. I liked that information on the Tickmill website is available in different languages, which makes it easy to interact with. All this made my work in the market easy and comfortable. I actively trade major currency pairs and spreads on them fully meet my requirements.
Top 5 Reviews on AMEGA
-
Comment
I became an AMEGA client not very long ago and I have no complaints so far. The broker's experience seems to be serious, although there are also negative reviews. The trading platform works well, I have not encountered any serious glitches. AMEGA has all the necessary analytical tools and a good training base. Overall I’m satisfied. Let's see what happens next.
-
Comment
AMEGA is a terrible broker. I regret opening a real account with them. They offer decent conditions for practice on a demo account, but when you switch to a real trading account, you see a huge difference. It seems that AMEGA's demo account is designed to deceive clients who believed in the company.
-
Comment
AMEGA advertises itself as a transparent and honest broker. I can't confirm this after three months of trading. Very large spread widening occurs out of nowhere. You can’t transfer trades overnight; the spread widening will definitely trigger the stop loss. Overall, AMEGA is not a decent company.
-
Comment
I immediately dismissed the idea of collaborating with Amega, and I do not recommend anyone to trade here. In the user agreement, there is a clause that the broker can freeze the account without any explanations. Also, if there are any suspicious actions on the account, it can be blocked. Understand, no specific facts, just general words. It turns out that Amega can block any trader.
-
Comment
AMEGA is not a trading platform. I was assured that everything was transparent here and that the software was good. But what I immediately encountered was a glitchy platform. You can only trade through the web, and the connection is often lost there. And the transparency. After five trades, non-market quotes began to appear every other time. What is this, incorrect quotes or a software failure again?
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!