Sun. Jun 23rd, 2024

The brokerage firm provides services to traders worldwide. Here you can enjoy basic features like buying and selling assets as well as benefit from some additional options like learning more about trading or reading top-notch analytics. Tickmill offers competitive trading conditions that suit both newcomers and seasoned traders. Our experts have done deep research to provide you with information about spreads and other general trading conditions.

Tickmill Account Types

Tickmill offers three types of trading accounts. You can choose between the Pro, Classic, and VIP versions. Pro allows you to start with as little as $100. Spreads in this account start at 0 pips, meaning you can buy at the best price possible.

However, you should be aware that a commission will be deducted. You will pay $2 for each lot traded, which is not a large amount, but you should know all your costs before engaging.

The next account type is known as “classic,” which allows you to start with as little as $100. Here you can have competitive Tickmill spreads that start at 1.6 pips and you will be charged no commissions for your trading operations.

Last but not least, you can choose the VIP account. To open it, you need to have at least $50,000 on your trading balance. Spreads here start at 0 pips, and the trading commission is $1 per each lot traded.

Tickmill Trading Platforms

The company offers a couple of trading platforms that you can choose from. In particular, when dealing with Tickmill, you can trade on MT4 or MT5. Both trading platforms are of top-notch quality and allow you to use various tools not only to buy and sell assets, but also to make market predictions.

Metatrader is considered to be the best trading platform ever as it is stable and provides traders with a lot of features. Along with the trading indicators that you can find in abundance here, traders can also enjoy dozens of graphic tools, strategy testers, and even a feature that allows you to add your own indicators or trading bots.

The MT trading platforms that you can find on the Tickmill website are offered in various versions. In particular, you can trade using your desktop device as well as open trades on your mobile gadget. Moreover, if you don’t want to download or install anything on your device, you can use a special web version of the platform.

Tickmill Spreads Explained

Tickmill offers fair spreads, which are suitable for various trading strategies. Some accounts that you can find inside allow you to trade with 0 spreads while other offer competitive difference between the Bid and the Ask prices. Therefore, you can use both high frequency or low frequency trading tactics. Tickmill welcomes both short-term and long-term traders, allowing them to conduct from one trade per month to several trades per day.

By Manali