Tickmill is renowned for offering some of the most competitive trading fees in the industry, featuring low spreads across various account types. With no hidden charges on deposits or withdrawals, Tickmill transparent fee structure makes it a reliable choice for cost-conscious traders.
This guide provides a detailed breakdown of Tickmill broker commission structure, trading fees, and overall costs.
Tickmill broker
Established in 2014, Tickmill is a reputable online brokerage firm regulated by several financial authorities, including the Financial Conduct Authority (FCA), the Cyprus Securities Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA).
With over 134,000 newly registered accounts and more than 75,000 active clients, Tickmill offers a secure trading environment. The broker protects investor accounts through robust safety measures, including negative balance protection and segregated client funds.
While retail investor accounts can lose money rapidly due to leverage, Tickmill’s competitive trading conditions, economic calendar, and advanced trading tools help mitigate risks. The broker also supports copy trading and social trading, allowing traders to follow and replicate the trades of experienced investors.
Tickmill provides access to over 3,000 assets, including forex pairs like EUR/USD, stocks, commodities, and cryptocurrencies.
Tickmill broker fees
Tickmill prides itself on maintaining a low-cost trading environment. Tickmill broker offers three primary account types, each with a unique fee structure tailored to different trading styles.
- Classic account: Spreads start from 1.6 pips, with no commission.
- Raw account: Spreads start from 0.0 pips, with a commission of $3 per lot per side.
- Tickmill trader raw account: Spreads start from 0.0 pips, with a commission of $3.50 per lot per side.
- VIP accounts: Spreads start from 0.0 pips, with a competitive commission of $1 per side per 100,000 traded.
These account options provide traders with the flexibility to choose an account that aligns with their trading style while minimizing costs.
Tickmill commission structure
Tickmill commission structure is a straightforward and transparent commission structure that helps traders manages costs effectively.
- Raw account: $3 per lot per side
- Tickmill trader raw account: $3.50 per lot per side
- Classic account: Commission-free
Tickmill trading costs
- In addition to spreads and commissions, Tickmill maintains a low-cost structure with no hidden fees on deposits and withdrawals. This further reduces the overall trading costs for users.
Deposit and withdrawal fees
- Tickmill charges $0 for both deposits and withdrawals, making it one of the few brokers offering free movement of funds.
- Whether you are using bank transfers, crypto payments, or e-wallets like Skrill or Neteller, you will not encounter unexpected fees.
Swap fees
- Overnight financing or swap fees are applicable for trades left open overnight. Tickmill’s swap rates are competitive and can be viewed directly on their platform.
Non-trading fees
- Tickmill does not charge an inactivity fee, ensuring that traders do not have to worry about being penalized if they take a break from trading.
Tickmill other costs
- Futures contract fees: $0.85 per contract
- Account maintenance fee: $0
- Withdrawal fee: $0
Tickmill provides one of the lowest trading fees among its competitors. These low costs, combined with their comprehensive trading platforms like MT4, MT5, and Tickmill Trader, offer traders a competitive edge.
Conclusion
Tickmill’s fee structure is designed to suit a variety of trading styles. From zero-commission options to low-spread accounts, Tickmill ensures traders find an account that aligns with their needs and maximizes their potential returns. With a transparent fee structure and no hidden charges, traders can confidently navigate the markets without the burden of excessive fees.
Pro Tip
Ready to start trading with Tickmill? Sign up today and take advantage of their low-cost trading environment, tight spreads, and commission-free account options. Use our broker finder tool to help you pick the ideal broker for your needs. Stay informed with our trusted forex broker up-to-date market insights on stocks, cryptocurrency, and forex. Connect with us to share your thoughts and stay updated on the latest enhancements.