Tickmill offers three main account types. They are classic, raw, and TradingView raw, with a $100 starting deposit. The broker states that the starting deposit may vary depending on the base currency. It also offers a swap-free Islamic option across the account range. Each account has a different pricing structure and platform setup to suit different trading needs.
TradingCritique rates Tickmill 8.25/10 (TC Validated), based on our 50-point methodology, which assesses regulation, trading costs, security, product range, platform and execution, and support and education. For a broader assessment, see our review of Tickmill, covering its regulation, costs, security, platforms, and support.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Tickmill account types overview
Tickmill offers three main account types, each with different pricing and platform options, plus a swap-free Islamic option.
| Account types | Spreads | Commission | Platforms |
|---|---|---|---|
| Classic | From 1.6 pips | $0 | MT4, MT5 |
| Raw | From 0.0 pips | $3 per lot per side | MT4, MT5 |
| TradingView raw | From 0.0 pips | $3.50 per lot per side | TradingView, Tickmill Trader |
| Islamic | Swap-free option | Handling fees may apply | Available across the account range |
Tickmill classic account explained
Classic account
From 1.6 pips · $0 commission
A straightforward option for traders who prefer a simple pricing structure. $100 starting deposit, base currencies USD, EUR, GBP, and ZAR, MT4 and MT5, minimum trade size 0.01 lots, all strategies allowed, and a swap-free Islamic option for eligible traders.
Since spreads are variable, 1.6 pips are the starting spread, not a fixed spread. This pricing structure is suitable for traders who prefer a simple trading cost model without paying a separate commission.
Tickmill raw account explained
Raw account
From 0.0 pips · $3 / side
Designed for traders who prefer tighter spreads with a separate commission. Spreads from 0.0 pips, with a $3 commission per lot per side on forex and precious metals ($6 per lot round-turn). $100 starting deposit, base currencies USD, EUR, GBP, and ZAR, MT4 and MT5, minimum trade size 0.01 lots, all strategies allowed, Islamic swap-free option offered.
The account is available on MT4 and MT5 platforms with a minimum trade size of 0.01 lots. Spread start from 0.0 pips and may change depending on market conditions. This pricing structure may be favorable for those who need tight spreads with a separate commission.
Tickmill TradingView raw account explained
TradingView raw account
From 0.0 pips · $3.50 / side
Made specifically for those who want to combine TradingView and Tickmill Trader. Spreads from 0.0 pips with a $3.50 commission per lot per side on forex and precious metals ($7 per lot round-turn). $100 minimum deposit, base currency USD, minimum trade size 0.01 lots, all strategies allowed, Islamic swap-free option offered.
Tickmill Islamic (swap-free) account explained
Islamic (swap-free) account
Across the account range
A swap-free option across the account range for traders who want to avoid traditional overnight swap charges. It keeps the usual trading setup, including spreads, execution, and platform access, while removing swap charges.
Swap-free is not cost-free
A handling fee can apply to selected instruments after the applicable charge-free period. Tickmill states that the charge-free period varies by instrument, with some selected instruments subject to a handling fee after 3 consecutive nights. See our full Tickmill Islamic account guide.
Tickmill account comparison: Classic vs raw vs TradingView raw
Tickmill offers 3 account types with different pricing structures and platform access. The table below compares the key features to help you understand the differences:
| Features | Classic | Raw | TradingView raw |
|---|---|---|---|
| Starting deposit | $100 | $100 | $100 |
| Available base currencies | USD, EUR, GBP, ZAR | USD, EUR, GBP, ZAR | USD |
| Spreads start from | 1.6 pips | 0.0 pips | 0.0 pips |
| Commission | $0 | $3 per lot per side | $3.5 per lot per side |
| Platforms | MT4, MT5 | MT4, MT5 | TradingView, Tickmill Trader |
| All strategies allowed | Yes | Yes | Yes |
| Swap-free Islamic account option | Yes | Yes | Yes |
Tickmill states that the starting deposit may vary depending on the base currency. The classic account uses a spread-only pricing model with no commission, making trading costs simpler to understand.
The raw account offers tighter spreads with a separate commission on forex and precious metals, while the TradingView raw account follows the same raw-spread model and adds TradingView integration through Tickmill Trader.
Tickmill spreads, commissions, and trading costs by account type
The Tickmill spreads and commissions vary by account type, so the total trading cost depends on the account you choose. The classic account includes trading costs in the spread with no commission, while the raw and TradingView raw accounts combine tighter spreads with a separate commission on forex and precious metals.
Tickmill also states that spreads are variable, so the published spreads are starting spreads, not fixed spreads. The Tickmill spreads, commissions, and trading costs by account type are given below:
Classic account
The classic account offers spreads from 1.6 pips with zero commission. Since there is no separate commission, the trading cost is included in the spread, making the pricing structure simple and easy to understand.
Raw account
The raw account offers spreads from 0.0 pips and charges $3 per lot per side on forex and precious metals. This equals $6 per lot round-turn on applicable trades.
TradingView raw account
The TradingView raw account also offers spreads from 0.0 pips and charges $3.50 per lot per side on forex and precious metals. This equals $7 per lot round-turn while providing access to TradingView through Tickmill Trader.
Tickmill minimum deposit and account requirements
Tickmill has a $100 starting deposit for the classic, raw, and TradingView raw accounts. However, the broker states that the minimum deposit may vary depending on the base currency.
Account requirements
- Account availability: Some account features and funding conditions may vary depending on the Tickmill entity or region where your account is opened.
- Base currencies: Classic and raw support USD, EUR, GBP, and ZAR, while TradingView raw supports USD.
- Islamic option: A swap-free Islamic option is available across the account range.
- Minimum trade size: 0.01 lots on all three account types.
- Starting deposit: $100 across classic, raw, and TradingView raw accounts.
Open your Tickmill account today
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Which Tickmill account is best for beginners, scalpers, and active traders?
There is no single Tickmill account that is the best choice for every trader. The right account depends on how often you trade, the instruments you trade, and how you prefer your trading costs to be charged. Instead of focusing only on the lowest spread, it is worth comparing the total trading cost, including the spread and any applicable commission.
Beginners
Classic account
A simple pricing structure with no separate commission. A practical option for traders who want an easy-to-understand cost model while learning the platform.
Scalpers
Raw account
Combines tighter spreads with a separate commission on forex and precious metals. Designed for traders who prefer a raw-spread pricing model for frequent or short-term trades.
Active traders
TradingView raw
Follows the same raw-spread pricing model while giving access to TradingView through Tickmill Trader. Suitable for traders who rely on TradingView’s charting tools alongside Tickmill’s trading conditions.
For more information on choosing an account as a new trader, see our guide to Tickmill for beginners.
Editor-in-chief’s note – Sasitharan Kumar
From my years of working with FCA and CFTC-regulated brokers, I learned that the lowest advertised spread is not always the lowest overall trading cost. A raw-spread account with a $3-per-lot-per-side commission can sometimes cost more than a zero-commission account with a wider spread, depending on how often and how much you trade. The more useful approach is to look at the total cost per trade, including the spread and any applicable commission, rather than focusing only on the 0.0 pips headline. This gives traders a clearer picture of which pricing structure may suit their trading frequency and volume.
How to choose the right Tickmill account for your trading style?
Choosing a Tickmill account depends on how you trade and which features matter most to you. Rather than looking at one feature in isolation, consider your trading volume, preferred platform, and need for a swap-free option.
How to open a Tickmill account step by step?
Opening a Tickmill account is a straightforward process that involves 7 simple steps:
Open your Tickmill account today
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Tickmill account types: Pros and cons
Tickmill offers several account options, each with its own benefits and limitations.
PROS
$100 starting deposit across the 3 main accounts, subject to base-currency variations
Raw-spread option with spreads from 0.0 pips
Classic account with zero commission
TradingView access through the TradingView raw account
Islamic swap-free option available across the account range
Multiple platform options, including MT4, MT5, TradingView, and Tickmill Trader
CONS
Raw and TradingView raw accounts charge a separate commission
Commission applies to forex and precious metals only
Spreads are variable, so 0.0 and 1.6 pips are not guaranteed
Swap-free does not mean cost-free, as handling fees may apply to selected instruments
There is no single cheapest account for every trader
Account-switching rules may apply depending on the applicable terms
Conclusion
Tickmill offers 3 main account types: Classic, raw, and TradingView raw, each with a different pricing structure and platform setup. The classic account keeps pricing simple with zero commission, while raw and TradingView raw offer starting spreads from 0.0 pips with separate commissions on forex and precious metals.
In addition, a swap-free Islamic option is available across the account range. Overall, the most suitable account depends on your trading volume, preferred platform, and how you want to manage your trading costs.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Pro Tip
Work out your total cost per trade before choosing an account. With the raw account, consider the spread plus the $6 round-turn commission on forex and precious metals. With the classic account, there is no separate commission, so the cost comes through the spread. If you trade less often or in smaller volumes, the zero-commission classic account may work out cheaper overall. Remember that raw commission applies only to forex and precious metals, while indices, shares, and crypto have no commission.
Frequently Asked Questions
1. What account types does Tickmill offer?
Tickmill offers classic, raw, and TradingView raw accounts. It also provides a swap-free Islamic option across its account range.
2. What is the difference between Tickmill classic and raw accounts?
The classic account offers zero commission with spreads from 1.6 pips, while the raw account offers spreads from 0.0 pips with a separate commission on forex and precious metals.
3. What is the minimum deposit for Tickmill accounts?
The starting deposit is $100 for the classic, raw, and TradingView raw accounts. The minimum may vary depending on the base currency.
4. Does Tickmill offer Islamic (swap-free) accounts?
Yes, Tickmill offers a swap-free Islamic option across its account range. Handling fees may apply to selected instruments after the applicable charge-free period.
5. Which Tickmill account has the lowest spreads?
The raw and TradingView raw accounts offer spreads from 0.0 pips. These are variable starting spreads, so the actual spread can change.
6. What commission does Tickmill charge on the raw account?
The raw account charges $3 per lot per side, or $6 per lot round-turn, on forex and precious metals.
7. What is the TradingView raw account?
The TradingView raw account offers spreads from 0.0 pips with a $3.50 per lot per side commission on forex and precious metals. It also provides access to TradingView through Tickmill Trader.
8. Which Tickmill account is best for beginners?
The classic account has a simple zero-commission pricing structure. However, the right account depends on the trader’s preferred platform, trading frequency, and overall costs.
9. Can I switch my Tickmill account type later?
The availability and conditions for switching account types may depend on Tickmill’s applicable terms. Check the current conditions before requesting a change.
10. Which Tickmill account is best for scalping?
The raw account offers spreads from 0.0 pips with a separate commission on forex and precious metals. Traders can compare the total cost with their trading volume before choosing an account.
More on Tickmill
Continue your research across the Tickmill review.
