Tickmill Broker Spreads: How Competitive Are They 2025?

Tickmill is an online brokerage firm that provides trading services across various financial markets such as forex, stocks, commodities, and indices. Tickmill is generally known for offering competitive spreads, a range of account types, and access to trading platforms like MT4 and MT5.

If you are considering Tickmill for your trading, it is important to know how spread tightness might impact your specific trading strategy.

Quick insights

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Competitive Spreads at Tickmill: How Do They Measure Up?

Tickmill is well-regarded for its competitive spreads, specifically to traders who are seeking low-cost execution.

• Other brokers who don’t charge commission may offer spreads starting at 1.0 to 2.0 pips on similar pairs, but Tickmill’s spreads in the pro account start from 0.0 pips.
• The 1.6 pip spread in classic account is still competitive, however it is slightly higher than the spreads available on the pro account. Tickmill’s classic account can still be an appealing choice.
• The 0.1 to 0.2 pips spread on the VIP account is often reserved for traders who meet required high deposit or trading volume requirements.

When it comes to copy trading with Tickmill, the spreads that apply to the trades you copy will be the same as those offered on the Pro, Classic, or VIP accounts, based on the account type you choose. In copy trading, the spread directly affects how much you will pay for each trade copied, and it’s important to choose the right account type to minimize costs.

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Competitive spreads Tickmill (account-wise)

Tickmill offers a variety of account types, each catering to different kinds of traders.

Pro account tight spreads

It is the most popular for active and professional clients as it offers spreads starting from 0.0 pips on major currency pairs like EUR/USD, GBP/USD, and USD/JPY. The ultra-tight spreads make Tickmill especially appealing to scalpers and day traders who rely on low-cost execution.

For every lot of 100,000 units, there is a commission of $2 per side, which is $4 round turn per lot. Though it may look like an additional cost, the benefit of tighter spreads often results in lowering overall trading costs.

Pro account best suits scalpers, day traders, or anyone who makes frequent trades where minimizing trading costs is crucial.

Classic account spreads

Classic account spreads start from 1.6 pips for major pairs like EUR/USD, which is still quite competitive in Tickmill spread comparison to brokers who charge higher spreads on standard accounts. Unlike a pro account, there is no commission on the classic account.

Classic is a good option for beginner traders or those who trade less frequently as they don’t mind higher spreads as long as there is no commission.

VIP account spreads

Tickmill’s VIP account is designed for high-volume traders and offers spreads starting from 0.1-0.2 pips, which is very tight. Large volume traders prefer the VIP account to minimize the spread costs.

Though the VIP account commission structure is similar to the Pro account, it largely depends on your trading volume. The more you trade, the lower the cost per lot. So high-frequency traders can benefit from even tighter spreads and reduced commissions.

VIP account is ideal for high-volume traders, swing traders, or professional traders looking for the tightest spreads and lower commissions just to optimize trading costs on larger positions.

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The Effect of Tickmill spreads

There are quite a lot of conditions that impact the effect of spreads such as frequency of trading, market environment and your trading strategies. Let us see how Tickmill’s spreads could affect your trading strategy.

Scalping strategy for short-term trades

Tight spreads are very crucial for scalping strategy because they directly impact the profitability of each trade.

Pro account

Pro account has 0.0 pips + $2 commission per side, which is perfect for scalpers. Since scalpers look to capitalize on tiny price changes, minimal spread helps reduce the overall cost per trade. This is very important for profitability in trades.

Classic account

The 1.6 pip spread may add more friction to your strategy if you are scalping with the classic account. Since this spread is relatively wide compared to the pro account, you need a larger price movement to break even. It will be difficult for you to capture small price changes profitably due to the wider spread without commission.

VIP account

The 0.1-0.2 pips tight spreads of the VIP account make it suitable for high-frequency scalpers who want the best possible pricing. Even with commissions added, the ultra-low spread allows for better profit potential on small price movements.

Day trading strategy

Day traders typically open and close positions within a day and look to profit from short-term market movements. They are also more concerned with trading costs and execution speed.

Pro account

The tight 0.0 pip spread indicates, your trades can be executed at the nearest best price possible. This benefits day traders who want to make a quick entry or exit. The commission is still low, meaning that, even in multiple-day trades your trading costs stay low.

Classic account

With a 1.6 pip spread in the classic account, it may be more challenging to stay profitable in smaller price moves. If you are an active trader and the market doesn’t move much in your favor, the higher spread may make it harder to capture profits. It can be easily manageable only if you make larger trades or can capture more significant price movements.

VIP account

The tight 0.1-0.2 pip spreadsin the VIP account are perfect for day traders who should ensure their trade costs stay low. The combination of tight spreads and commissions gives you more flexibility in executing your strategy without significant slippage.

Swing trading strategy

Though it is not as crucial as for scalpers or day traders, the spread is still important for swing traders. They focus more on technical and market analysis, price action, and key support or resistance levels.

Pro account

With the 0.0 pip spread, you can enter or exit trades with minimal cost, giving you an edge while entering trades at key levels. Unless you trade large volumes, you will not be paying much in total costs because the $2 per side commission will still be small relative to the trade size.

Classic account

The 1.6 pip spread is less of an issue for swing traders because the trades are held for longer durations, and the spread is absorbed by larger price movements.

VIP account

The tight spread on the VIP account (0.1 – 0.2 pips) is ideal for swing traders who prefer entering and exiting positions with minimal cost, especially if they’re managing larger positions. Compared to the potential profits, the cost-per-trade remains very low even with commissions.

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Conclusion

Tickmill’s competitive spreads are one of its standout features, particularly for traders who prioritize low-cost execution. Tickmill’s pro-account spreads are the best in the industry if you are looking for tight pricing and can manage the commission fee. The classic account suits traders who want a commission-free trading option but are still okay with slightly higher speeds.

Before opening an account, traders should research well to find out which account type of Tickmill best aligns with their trading style and specific trading strategy.