Varianse or Tickmill – which is better for UK traders 2024? Compare Varianse and Tickmill in this detailed breakdown of their platforms, features and fees.
Varianse is an online broker offering unique instruments and powerful analysis tools.
Tickmill is a global broker authorized by trusted regulators including the CySEC and the FCA. Over 660,000 traders have opened an account with the firm with more than 530 million trades executed. Advanced trading tools, educational content and low fees make this broker stand out from competitors.
Pros
Strong suite of trading tools; MT4, MT5, VPS, Autochartist, Acuity, and forex calculators
Beginner-friendly educational content with user tutorials and analyst insights
Three live accounts with five base currencies and competitive pricing
Overseen by tier-one and tier-two regulators; FCA and CySEC
Above-average selection of funding methods including PayPal
500+ markets including forex, stocks and commodities
Hedging and scalping permitted
Cons
Services not available to clients from the US, Japan or Canada
Limited regulatory oversight if you sign up with the offshore branch
Telephone support available during office hours only
Awards
Best Broker For Algo Traders, 2017 - Global Brands Magazine
Best New Forex & CFD Broker, 2015 - Global Banking & Finance Review
Most Innovative New Forex Brand, 2015 - Global Brands Magazine
Best New STP Broker, 2014 - Global Banking & Finance Review
Best Commodities Broker 2020 - Rankia Markets Experience Expo
Best Trading Experience 2020 - Forex Brokers Award
Best Forex Execution Broker 2019 - CFI.co Awards
Best CFD Broker Asia 2019 - International Business Magazine
Best Forex CFD Provider 2019 - Online Personal Wealth Awards
FCA Regulated
Yes
Yes
Instruments
Forex, CFDs, commodities, futures, custom FX & index baskets
Leveraged CFD trading is available on FX, indices, and commodities.
Speculate on the price movement of 500+ instruments including forex, stocks, commodities and crypto with a low minimum deposit of $100. You can go long or short with leverage in line with regulatory requirements.
Leverage
1:30
1:500
FTSE Spread
1.3
0.9
GBPUSD Spread<
0.6
0.3
Oil Spread
0.05
0.4
Stocks Spread
N/A
N/A
Forex
Trade on a range of currencies with ultra-low spreads.
Trade 60+ major, minor and exotic currency pairs, including GBP/USD, EUR/GBP, and ZAR/USD, with spreads as low as 0 pips and ultra-fast execution speeds.