Saxo Bankvs
TickmillCrypto Exchange Comparison
Two CFD crypto brokers clash over asset breadth and platform design. Saxo Bank offers more coins and a proprietary platform, while Tickmill relies on MT4/MT5 with fewer coins.
Our Verdict
Too close to call
Saxo Bank and Tickmill are closely matched; Saxo Bank offers more coins and a proprietary platform, while Tickmill relies on MT4/MT5 with a smaller crypto selection.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Saxo Bank lists 20 coins while Tickmill lists 4
- 2Saxo Bank has a proprietary platform; Tickmill relies on MT4/MT5
- 3Min deposit is $0 for Saxo Bank versus $100 for Tickmill
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
Saxo Bank wins for security with a Danish banking licence and audited accounts.
Best for low fees
Recommended
Tickmill offers among the lowest ECN commissions, $2 per lot round-turn.
Saxo Bank vs Tickmill: Side-by-Side Crypto Exchange Comparison
| Criteria |  Saxo Bank |  Tickmill |
|---|---|---|
| Editorial score | 3.9/ 5 | 3.9/ 5 |
| Min Deposit | No minimum▼ lower | $100 |
| Spreads From | 0.6 pips | 0 pips▼ lower |
| Taker Fee | N/A | 6.00% |
Saxo Bank vs Tickmill Crypto Exchange Pros & Cons
Pros
- Danish banking licence, highest regulatory framework among retail crypto providers
- Integrated crypto CFDs on SaxoTraderGO alongside stocks, FX, bonds, and futures
- Audited public accounts provide financial transparency not available from most crypto platforms
- 20+ major crypto CFDs including BTC, ETH, SOL, XRP, and other leading tokens
Cons
- CFDs only, no real crypto ownership, staking, or on-chain access
Saxo Bank vs Tickmill: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
Highlighted rows show where the two exchanges differ
| Criteria | Saxo Bank | Tickmill |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Pass |
Saxo Bank vs Tickmill: Frequently Asked Questions
Saxo Bank and Tickmill share the same editorial score of 3.9/5. One concrete differentiator: Saxo Bank requires a lower minimum deposit.
Tickmill lists a lower spread from 0, compared with Saxo Bank's 0.6. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Saxo Bank has no minimum deposit, while Tickmill requires at least $100. This makes Saxo Bank more accessible for traders looking to start with a smaller crypto investment.
Both Saxo Bank and Tickmill hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Saxo Bank has no minimum deposit, removing the capital barrier entirely, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Saxo Bank offers up to 2:1 on perpetual or margin products, versus Tickmill's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Tickmill charges $6 per trade on commission-based accounts. Commission details for Saxo Bank are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile, while Tickmill supports MetaTrader 5, MetaTrader 4. Saxo Bank has exclusive access to SaxoTraderGO and Proprietary Web/Mobile. Tickmill has exclusive access to MetaTrader 5 and MetaTrader 4.
