tickmill
Varengold Bank
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Overview
tickmill was founded in 2020 and is headquartered in GRENADINES, while Varengold Bank was established in 2008 and is based in Germany. tickmill holds licences including Financial Conduct Authority (FCA), while Varengold Bank is regulated by Unregulated among others. tickmill serves 12,000,000+ clients worldwide; Varengold Bank has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | tickmill | Varengold Bank |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F323 | Unregulated |
| Founded | 2020 | 2008 |
| Country | GRENADINES | Germany |
| Clients | 12,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between tickmill and Varengold Bank, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Varengold Bank charges withdrawal fees while tickmill does not, giving tickmill an edge for frequent withdrawers. Overall, tickmill scores higher on fees in our assessment.
| Feature | tickmill | Varengold Bank |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
tickmill offers MT5, cTrader, while Varengold Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Varengold Bank edges ahead on platform breadth and functionality in our scoring.
| Feature | tickmill | Varengold Bank |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Desktop,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how tickmill and Varengold Bank compare. Varengold Bank runs regular live webinars; tickmill does not. Both provide video tutorials. Varengold Bank publishes daily market commentary; tickmill does not. Both integrate third-party research tools. Varengold Bank maintains an archive of past webinars for on-demand viewing. Varengold Bank scores higher overall in education and research.
| Feature | tickmill | Varengold Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. tickmill accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Varengold Bank supports 2 (bank transfer, credit/debit card). tickmill uniquely supports PayPal and Skrill and Neteller among the two brokers. tickmill scores higher on deposit and withdrawal flexibility.
| Feature | tickmill | Varengold Bank |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both tickmill and Varengold Bank offer live chat support. Both provide phone support. Email support is available at both brokers. tickmill supports 8 languages and Varengold Bank supports 2, giving tickmill broader global reach. Both brokers are comparable on support quality.
| Feature | tickmill | Varengold Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |