Tickmill Fees and Spreads. Their spreads start from 0.0 pips on EUR/USD. The all-in cost equates to 0.53 pips when factoring in the RT commission equivalent of 0.4 pips.
Tickmill Fees, Spreads, and Commissions - Key Point Quick Overview
- ☑️Overview
- ☑️Tickmill Fees, Spreads, and Commissions
- ☑️Tickmill At a Glance
- ☑️Tickmill Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
- Tickmill Ltd is a member of the Tickmill Group, operating under the trading name Tickmill.
- It is regulated by the Seychelles Financial Services Authority (FSA) and offers access to a wide range of CFD asset classes, catering to both retail and professional clients.
- Tickmill provides premium services, products, innovative technologies, and the best possible trading environment.
- Multiple top-tier regulators regulate brokers, including the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC).
Tickmill Fees, Spreads, and Commissions
| 🔎Fee Type |  |
| 📉 Spreads | Competitive spreads, starting from 0.0 pips on Raw account. |
| 💵 Commissions | $2 per side per lot for Pro accounts, variable for others. |
| 💳 Deposit Fees | No deposit fees for most methods. |
| 💸 Withdrawal Fees | No withdrawal fees for most methods, but third-party charges may apply. |
| ⏳ Inactivity Fees | No inactivity fees for most accounts. |
Spreads
The spreads traders anticipate are influenced by their trading practices, the specifics of each transaction day's market situation, and the conditions they trade. Various types of spreads are frequently noted among traders; a few examples follow:
- Raw Account – 0.0 pips
- Classic Account – 1.6 pips
Forex Spreads
| 📍Currency Pair | 📌Typical Spread (pips) |
| 📉Major Pairs (EURUSD, GBPUSD, USDJPY, USDCHF) | 0.0 - 0.3 |
| 📈Minor Pairs (EURGBP, EURJPY, GBPJPY, AUDUSD) | 0.3 - 0.8 |
| 📊Exotic Pairs (USDCAD, NZDUSD, EURCAD, GBPCHF) | 0.5 - 1.2 |
Commissions
Tickmill'sClassic Account offers commission-free trading, but the broker marks up spreads to compensate for its role in facilitating trades. For other types of accounts, Tickmill does charge a commission fee.
- Classic Account – Zero commissions
- Raw Account – $3 per side per 100,000 (standard lot) traded.
While an Islamic Account does not incur overnight fees, commissions are still paid for holding positions overnight.
CFD Spreads
| 📍Asset Class | 📌Typical Spread |
| 📉Indices (US30, UK100, GER30, SPX500) | 0.5 - 2.0 points |
| 📈Stocks (AAPL, GOOG, AMZN, FB) | 0.01 - 0.05 per share |
| 📊Commodities (Gold, Silver, Oil, Natural Gas) | 0.1 - 1.0 points |
| 🪙Cryptocurrencies (BTCUSD, ETHUSD, LTCUSD, XRPUSD) | 2 - 20 points |
Overnight Fees
- The interest rates of the nations linked to the traded currency pair and the state of the market currently impact swaps using Tickmill.
- Tickmill uses this relevant data to compute its swap rates.
- Exchanges are executed at midnight, subject to the platform's particular time.
Below, South Africans can view some typical overnight fees with Tickmill:
| 🔎 Instrument | ↪️ Long (Buy) Swap | ➡️ Short (Sell) Swap |
| 📈 EUR/USD | -6.19 pips | 2.62 pips |
| 📉 USD/JPY | 12.49 pips | -25.56 pips |
| 📊 GBP/USD | -3.15 pips | -1.68 pips |
| 💹 USD/CHF | 6.63 pips | -11.24 pips |
| 📈 USD/CAD | 0.29 pips | -3.89 pips |
| 📉 AUD/USD | -3.57 | 1.21 |
| 📊 NZD/USD | -1.26 | -1.05 |
🏆10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | 
|
| 🥈 |  | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 |
|
| 🥉 |  | Read Review | CySEC, MWALI, FSCA | $25 |
|
| 4 |  | Read Review | ASIC, CySEC, FSA, SCB | $200 |
|
| 5 |  | Read Review | FSA, FSCA | $250 |
|
| 6 |  | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 |
|
| 7 |  | Read Review | FSC, FSCA | $50 |
|
| 8 |  | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 |
|
| 9 |  | Read Review | ASIC, CySEC, IFSC, DFSA, FCA | $5 |
|
| 10 |  | Read Review | FSA, CySEC, FSCA, FSC | $10 |
|
Tickmill At a Glance
| 📌Broker |  |
| 📍 Headquartered | Seychelles and United Kingdom |
| 📅 Year Founded | 2014 |
| ⚖️ Regulating Authorities | CySEC, FCA, FSA, FSCA, Labuan FSA |
| 🌐 Countries not accepted for trade | Not indicated |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $100 |
| 💳 Deposit Options | Visa/Master Card, Skrill, Neteller, SticPay, Bank Wire Transfer |
| 💳 Withdrawal Options | Visa/Master Card, Skrill, Neteller, SticPay, Bank Wire Transfer |
| 💻 Platform Types | MetaTrader 4, proprietary WebTrader |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
| 📈 Tradable assets offered | 62 Currency pairs, CFDs on 2 Metals, 14 Stock Indices, 3 Commodities and 4 Bonds |
| 👨💼 Languages supported on Website | English, German, Indonesian, Chinese, Russian, Spanish, Arabic, Polish, Italian, Melayu, Tiếng Việt and Portuguese |
| 👥 Customer Support Languages | English, German, Indonesian, Chinese, Russian, Spanish, Arabic, Polish, Italian, Melayu, Tiếng Việt and Portuguese |
| 📆 Customer Service Hours | 24/5 |
| 📝Sign up | 👉Open Account |
Tickmill Customer Reviews
- When compared to other brokers in the market, Tickmill maintains a consistently more positive reputation among clients.
- This includes the numerous customer comments about the tightest spreads, the least expensive transactions, and speedy execution.
- Another favorite of clients is their charge structure, which they see as clear, choosing among Classic accounts without commissions from which they can invest as traders, versus the unbeatable spreads on their Pro account.
| Category | Feedback |
| 🌟 Spreads and Costs | Competitive spreads and low trading costs make Tickmill a favorite. |
| ⚡ Execution Speed | Fast trade execution earns praise from many users. |
| 💻 Platform Usability | User-friendly interface appreciated by both beginners and pros. |
| 🛠️ Trading Tools | Robust tools cater to diverse trading strategies. |
| 📚 Educational Resources | Limited educational materials leave some traders wanting more. |
| 🕒 Customer Support | Reliable support but occasional delays in response time. |
| 🏦 Account Types | Multiple account types tailored to varying trading needs. |
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
 | Generally positive reviews users commend the platform's speed, stability, competitive spreads, and efficient customer service. | ⭐⭐⭐⭐⭐ |
 | Mixed feedback some users report quick withdrawals and competitive fees, while others raise concerns about spread manipulation and account issues. | ⭐⭐⭐☆☆ |
 | Tickmill has a mixed reputation among its clients. Some reviewers praise the company's efficient customer support, competitive spreads, and user-friendly trading platform. However, others have expressed dissatisfaction with high fees, poor execution, and difficulty in withdrawing funds. | ⭐⭐⭐☆☆ |
 | 2,000 reviews, with many clients praising its competitive spreads, reliable trading conditions, and responsive customer support. | ⭐⭐⭐⭐⭐ |
 | Some users have praised the broker's trading conditions, customer support, and overall service. However, others have complained about withdrawal issues, high fees, and poor communication. | ⭐⭐⭐☆☆ |
 | Reviewers praise the company's competitive spreads, responsive customer support, and user-friendly trading platforms. However, some reviewers have criticized the company's fees, execution issues, and difficulties in withdrawing funds. | ⭐⭐⭐☆☆ |
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 |
Conclusion
Tickmill offers competitive spreads and fees with two main account structures: Classic and Raw. Traditionally, accounts of ATMs have wider spreads starting from 1.6 pips with no commission, which is perfect for starting any trading journey. Unadulterated accounts may have narrower spreads (from 0 to 0 pips), but they charge per trade. This market-making serves those high-volume traders with the aim of significantly lower costs.
You might also like:
Tickmill Account TypesTickmill Demo AccountTickmill Islamic AccountTickmill Minimum DepositTickmill Sign up Bonus
Frequently Asked Questions
What spreads does Tickmill offer?
Tickmill offers variable spreads depending on the account type and market conditions. The Classic account has spreads starting from around 1.6 pips, while the Raw account provides ultra-tight spreads from 0.0 pips, fluctuating with liquidity.
Does Tickmill charge commissions?
Tickmill charges commissions only on its Raw accounts, typically around $3 per lot per side. The Classic account is completely commission-free, with all trading costs built into the spread instead.
Which Tickmill account has the lowest trading costs?
The Raw account generally offers the lowest overall trading costs due to its near-zero spreads combined with a fixed commission. This structure is ideal for active traders who prioritize tight pricing and cost efficiency.
What is the all-in cost of trading on Tickmill?
On the Raw account, the total cost (spread plus commission) can average around 0.7 pips on major pairs like EUR/USD. This makes Tickmill one of the more competitive brokers in terms of pricing.
Are there any deposit or withdrawal fees?
Tickmill generally does not charge fees for deposits or withdrawals. However, third-party charges from banks or payment providers may still apply depending on the chosen payment method.
What are Tickmill swap or overnight fees?
Tickmill applies swap fees for positions held overnight, which vary depending on the instrument traded and market conditions. These fees can be positive or negative and are influenced by interest rate differentials.
How are trading costs calculated on Tickmill?
Trading costs are calculated based on the spread, trade size, and pip value. For Raw accounts, commissions are added separately, while Classic accounts include all costs within the spread.
Does Tickmill offer zero spreads?
Tickmill offers spreads starting from 0.0 pips on its Raw accounts, but these are variable and depend on market liquidity. Traders should expect slight fluctuations during volatile or low-liquidity periods.
Are Tickmill spreads fixed or variable?
Tickmill uses variable spreads across all accounts. This means spreads can widen or tighten depending on market volatility, liquidity, and economic events affecting the underlying instruments.
Which account is better for beginners regarding fees?
The Classic account is often better for beginners because it has no commission fees and a simple pricing structure. This makes it easier to understand trading costs without calculating additional charges per trade.
Recommended brokers
