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Tickmill Fees, Spreads and Commissions Reviewed ☑️ (2022)


Tickmill Fees & Spread
 

Tickmill’ spreads start from 0.13 pips on EUR/USD, the all-in cost equates to 0.53 pips when factoring in the RT commission equivalent of 0.4 pips. The Pro account has similar pricing with an RT commission of just $4 per round-turn standard lot.

 

 

✅ Fees that occur by trading with Tickmill 🚫 Fees that do not occur by trading with Tickmill
Spread (direct spread or higher spread in the classic account) No deposit or withdrawal fees
Trading commission (only by using the VIP or pro account) No account maintenance fees
No inactivity fees
🚀 Open an Account 👉 Click Here

 

 

Tickmill Fees, Spreads, and Commissions – 5 Key Point Overview

 

 

  1. ✔️ Tickmill Market Spread Overview
  2. ✔️ Tickmill Commission Overview
  3. ✔️ Tickmill Swaps Overview
  4. Tickmill Pros and Cons
  5. Frequently Asked Questions

 

 

 

 

 

Tickmill Market Spread – Overview

 

Traders can make their choice from two account types – the Classic or Pro account.  With the classic account, a trader will pay a higher fee on each trade but, no commission.  With the Pro account, the spread starts with 0.0 pips (variable) and will depend on the market situation.  The basic account will start with a spread of 1.2 pips.

 

Spread Fee Calculation – Example.

 

If a trader wishes to trade the EUR/USD with one lot (value 100.000) the average spread on the classic account will be 1.2 pips on the EUR/USD asset.

The following formula is used to calculate the pip value: pip value = one pip/exchange rate * 100,000

Currently, the pip value on the price 1,08962 is $10.00. That means a trader will pay a trading fee 0f $12 by trading 1 lot EUR/USD.

 

 

Tickmill How to calculate Spread

 

 

 

Tickmill Classic Account Overview

 

🔎 Tickmill Account Tickmill Pro Account
💳 Minimum Deposit 100 USD
💵 Available Base Currency USD, EUR, GBP
📌Spreads from 0.0 Pips
➕ Max Leverage 1:500
🚀 Open an Account 👉 Click Here

 

Tickmill Classic Account Overview

 

 

 

Tickmill Pro Account Overview

 

 

🔎 Tickmill Account Tickmill Classic Account
💳 Minimum Deposit 100 USD
💵 Available Base Currencies USD, EUR, GBP
📌 Spreads from 1.6 Pips
➕ Max Leverage 1:500
🚀 Open an Account 👉 Click Here

 

 

 

Tickmill Pro account overview

 

 

Tickmill Commission – Overview

 

By using the Tickmill Pro account investors can trade the original spreads of the liquidity providers with no additional markup.  Spreads start at 0.0 pips but can be higher depending on the market situation.  Tickmill will not earn money via spreads but with an additional per trade.

For example:  By trading 1 lot traders will pay a $2 USD commission by opening or closing a trade.

When using the Tickmill VIP account traders will pay fewer fees as the commission is only $1 USD per 1 lot traded.

 

Tickmill Pro account overview

 

 

🔎 Tickmill Account Tickmill Classic Account
💳 Minimum Deposit 100 USD
💵 Available Base Currencies USD, EUR, GBP
📌 Spreads from 1.6 Pips
➕ Max Leverage 1:500
🚀 Open an Account 👉 Click Here

 

 

Tickmill Pro account overview

 

 

Tickmill VIP account overview

 

 

🔎 Tickmill Account Tickmill Classic Account
💳 Minimum Balance 50,000 USD
💵 Available Base Currencies USD, EUR, GBP
📌 Spreads from 0.0 Pips
➕ Max Leverage 1:500
🚀 Open an Account 👉 Click Here

 

 

Tickmill VIP Account overview

 

Tickmill Swaps – Overview

If investors trade with leverage they are using credit from the broker.  The leverage allows traders to trade more money than what is available in their account.  The swap or interest fee of the position is depending on the financial product being traded and the leverage used.

 

 

Tickmill Pros and Cons

✔️Pros ❌Cons
Low spreads for active traders Limited asset selection
Multi-jurisdiction regulation No cryptocurrencies
Excellent education and research data No US clients

 

 

You might also like: Tickmill Account Types Overview

You might also like: Tickmill Demo Account

You might also like: Tickmill Islamic Account Overview

You might also like: Tickmill Minimum Deposit

You might also like: Tickmill Sign up Bonus

 

Frequently Asked Questions

 

How many instruments can be traded with Tickmill?

Investors can trade several different instruments with Tickmill, which include the following:

  • 62 Currency pairs
  • CFDs on 2 Metals
  • 14 Stock Indices
  • 3 Commodities
  • 4 Bonds

 

Which platforms are supported by Tickmill?

Tickmill provides the following popular trading platforms:

  • MetaTrader 4
  • Proprietary WebTrader

 

Does Tickmill offer leverage?

Yes, Tickmill offers maximum leverage of up to 1: 500.

 

What spreads can be expect with Tickmill?

Tickmill offers spreads from 0.0 pips.

 

Does Tickmill charge deposit and withdrawal fees?

No, Tickmill does not charge any transfer on deposit fees or on withdrawal fees.

 

Does Tickmill charge commission?

Yes, the VIP account has low commissions of $1 per standard lot (100k units) or $2 per Round-Turn and the Pro account has an RT commission of $4 per round-turn standard lot.

 

Are there additional charges on the Islamic account?

Some brokers charge extra fees on Islamic accounts – are either in wider spreads, additional commissions, or administration fees to make up for money that they lose with not charging overnight fees. New Islamic traders should enquire about these special conditions or extra fees before joining, because it is often overlooked or not indicated on the account features pages.

 

Is Tickmill regulated and by whom?

Tickmill is regulated by FCA, CySEC, FSA, and FSCA

 





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