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October 29, 2018

Question:What's the minimum and average FX spread on Tickmill MT4?

Answer:

Tickmill’s Minimum Spread on MT4

After their improvement on trading conditions, Tickmill’s minimum spread starts from 0.0 pip for major FX currency pairs.

For others, the average is about 0.2 – 0.8 pips.

You can find the real time spread of some popular symbols on Tickmill MT4, at the top of Tickmill Official Website.

You can also signup for free and login to Tickmill’s MT4 to monitor the spread, market prices and more information.

Signup and Account Opening is free with Tickmill.

Trading conditions are different for each account type.

For the full trading conditions and the comparison of account types, please refer to the page here.

At market opening and closing times and prior to announcements, the market spread may widen substantially. Consequently, you must ensure that you have sufficient funds on your account to cover this eventuality.

Visit Tickmill Official Website

Trading Account Types of Tickmill

Tickmill mainly offers 3 different trading account types which are Classic account, Pro account and VIP account.

You can choose to trade on all 3 account types, as long as you are meeting the minimum deposit requirement.

The trading conditions such as spread, required minimum spread and commissions are different depending on the account types.

Please refer to the table below for the comparison of each account type of Tickmill.

Account Types Pro Classic VIP
Required Minimum Deposit Amount $100 $100 $5000
Account Base Currencies USD, EUR, GBP USD, EUR, GBP USD, EUR, GBP
Maximum Leverage 1:500 1:500 1:500
Minimum FX Spread 0.0 pips 1.6 pips 0.0 pips
Trading Commission $4 per round turn lot None $2 per round turn lot
Execution Model Market Execution Market Execution Market Execution
Execution Speed Less than 0.15 second Less than 0.15 second Less than 0.15 second
Minimum Trading Volume 0.01 lots 0.01 lots 0.01 lots
Maximum Trading Volume 100 lots 100 lots 100 lots
Margin Call % 100% 100% 100%
Stop Out % 30% 30% 30%
Market Environment NDD NDD NDD
Islamic Swap Free Account Available Available Available

If you have any other questions about Tickmill’s service, visit the page here to find the list of FAQs about Tickmill’s service.

Go to Tickmill Official Website

Get Cash Back to reduce the spread cost

Tickmill runs Cash Back Rebate promotion which you can receive to eventually reduce the spread cost.

The cash back rebate amount is up to 0.75 USD per lot, which will be returned back to your account as bonus.

More you trade with Tickmill, more you earn as cash back bonus.

You can continue receiving Tickmill’s cash back rebate until the total cash back amount reaches $5,000.

For more information about Tickmill’s Cash Back Rebate promotion, visit the page here.

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