- Spread and Trading Commission of Tickmill’s account types
- Receive Cash Back to reduce the trading cost
- Avoid Swap Charges to save your money
Spread and Trading Commission of Tickmill’s account types
Spread and trading commissions on Tickmill MT4 are different depending on the account types.
Tickmill Classic account type has no commission.
The below table shows the minimum spread and the trading commission of each account type.
|1.6 pips||0.0 pips||0.0 pips|
|Zero commission||$4 per round turn lot||$2 per round turn lot|
Please note that Tickmill offers floating spread in order to tighten the spread, but the spread can be widen at anytime due to certain market conditions.
To monitor the real-time spread, you may visit Tickmill Official Website or signup and login to MT4 account.
Receive Cash Back to reduce the trading cost
If you wish to reduce the trading cost somehow, we recommend you to receive Tickmill’s Cash Back Rebate bonus.
Tickmill’s Cash Back Rebate promotion gives you back $0.75 per standard lot directly to your account.
The cash back rebate amount is calculated for each trade, thus your trading cost is: Total Trading Cost – Cash Back Amount.
Tickmill’s Cash Back Rebate bonus is available for all traders of the broker, Tickmill Ltd (FSA SC Regulated).
For more information about Tickmill’s Cash Back Rebate bonus promotion, visit the page here.
Avoid Swap Charges to save your money
A cost you can save while trading on Tickmill MT4 is the swap charges.
Swap points are charged for open positions carried over to the next day on MT4 server time.
While swap points can also benefit you as credit, it is often considered as cost as swap points are often charged to traders’ accounts.
You can avoid any swap points by closing positions before midnight in MT4 server time.
Do you have any other questions about Tickmill’s trading service? Visit the page here to find the list of FAQs about Tickmill’s service.