Tickmill commission and other fees

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Overview of Tickmill fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

As Tickmill focuses on CFD and forex trading, the most important cost elements are spreads and financing rates (overnight fees), commissions less so.

Disclaimer: 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Now, let's dive into the details and see what commissions, spreads, and financing rates Tickmill charges.

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69% of retail CFD accounts lose money

Tickmill

4.5/5

Minimum deposit

$100

FX fee

Low

Index CFD fee

Low

Withdrawal fee

Account opening

1 day

Visit Tickmill

69% of retail CFD accounts lose money

Tickmill commission and other trading fees

The good news is that Tickmill has low trading fees in general. We ranked the fees of Tickmill as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Tickmill commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Tickmill trading fees
	Tickmill Tickmill	XM XM	Admirals (Admiral Markets) Admirals (Admiral Markets)
Forex	Low	Low	Low
CFD	Low	Low	Low
Financing rate	Low	Low	Low

Now let's go over the trading fees for each asset class one by one.

Tickmill forex commissions and spreads

Tickmill forex fees are low. Tickmill forex commissions and spreads for individual currency pairs are charged as per the table below.

Tickmill forex commissions and spreads
	Tickmill Tickmill
EURUSD fee description	Raw account: $3.00 commission per lot per trade plus spread cost. 0.2 pips is the average spread cost during peak trading hours.
GBPUSD fee description	Raw account: $3.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.

Check out how Tickmill forex fees compare to its two closest competitors.

Tickmill forex fees vs competitors
	Tickmill Tickmill	XM XM	Admirals (Admiral Markets) Admirals (Admiral Markets)
EURUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$9.6	$11.2	$12.3
GBPUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$5.2	$7.9	$7.5
AUDUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$9.2	$12.6	$14.7
EURCHF benchmark fee	$0.0	$2.3	$1.6
EURGBP benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$9.7	$12.2	$16.1

Forex fees are calculated for a $20,000 trade using 30:1 leverage

Tickmill options commissions

You can see below the description of Tickmill options commissions. Tickmill options fees are low.

Tickmill options commissions
	Tickmill Tickmill
US stock index options Estimated commission for 10 contracts	0.85 per micro contract
US stock options Estimated commission for opening 10 contracts	Not available
UK stock index options Estimated commission for 10 contracts	Not available
German stock index options Estimated commission for 10 contracts	Not available

Compare options commissions charged by Tickmill with those of XM and Admirals (Admiral Markets).

Tickmill options commissions vs competitors
	Tickmill Tickmill	XM XM	Admirals (Admiral Markets) Admirals (Admiral Markets)
US stock index options Estimated commission for 10 contracts	$8.5 0.85 per micro contract	- Not available	- Not available
US stock options Estimated commission for opening 10 contracts	- Not available	- Not available	- Not available
UK stock index options Estimated commission for 10 contracts	- Not available	- Not available	- Not available
German stock index options Estimated commission for 10 contracts	- Not available	- Not available	- Not available

Options commissions are calculated for 10 contracts

Tickmill futures commissions

You can see below how Tickmill futures commissions are charged. Tickmill futures fees are low.

Tickmill futures commissions
	Tickmill Tickmill
US micro e-mini stock index futures Estimated commission for 10 contracts	$0.85 per micro contract
UK stock index futures Estimated commission for 10 contracts	Not available
German e-mini stock index futures Estimated commission for 10 contracts	Not available

Compare how the futures commissions of Tickmill stack up against those of XM and Admirals (Admiral Markets).

Tickmill futures commissions vs competitors
	Tickmill Tickmill	XM XM	Admirals (Admiral Markets) Admirals (Admiral Markets)
US micro e-mini stock index futures Estimated commission for 10 contracts	$8.5 $0.85 per micro contract	- Not available	- Not available
UK stock index futures Estimated commission for 10 contracts	- Not available	- Not available	- Not available
German e-mini stock index futures Estimated commission for 10 contracts	- Not available	- Not available	- Not available

Futures commissions are calculated for 10 contracts

Tickmill CFD commissions and spreads

Tickmill CFD fees are low. Tickmill CFD commissions and spreads for different assets are charged as per the table below.

Tickmill CFD commissions and spreads
	Tickmill Tickmill
S&P 500 CFD fee	The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Europe 50 CFD fee	The fees are built into the spread, 1.5 points is the average spread cost during peak trading hours.
Apple CFD Commission for a $2,000 stock CFD trade	The fees are built into the spread, 0.04 is the average spread cost during peak trading hours.
Vodafone CFD Commission for a $2,000 stock CFD trade	Not available

Below you can see how Tickmill CFD fees compare with those of XM and Admirals (Admiral Markets).

Tickmill CFD fees vs competitors
	Tickmill Tickmill	XM XM	Admirals (Admiral Markets) Admirals (Admiral Markets)
S&P 500 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$2.9	$3.3	$3.2
Euro Stoxx 50 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$2.8	$3.2	$2.8
Apple CFD Commission for a $2,000 stock CFD trade	- The fees are built into the spread, 0.04 is the average spread cost during peak trading hours.	$1.9 The fees are built into the spread, 0.37 is the average spread cost during peak trading hours.	$1.1 $0.02 per share with $1 min
Vodafone CFD Commission for a $2,000 stock CFD trade	- Not available	$6.9 The fees are built into the spread, 0.48 is the average spread cost during peak trading hours.	$1.8 0.1% of trade value with £4 min

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Tickmill financing rates

Tickmill financing rates are low. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how Tickmill financing rates compare with those of XM and Admirals (Admiral Markets).

Tickmill financing rates vs competitors
	Tickmill Tickmill	XM XM	Admirals (Admiral Markets) Admirals (Admiral Markets)
EURUSD financing rate Yearly financing rate	2.1% Calculated as swap points	2.5% Calculated as swap points	2.8% Calculated as points
GBPUSD financing rate	0.9% Calculated as swap points	1.4% Calculated as swap points	1.4% Calculated as points
S&P 500 CFD financing rate	7.1% Calcualted as daily overnight cost (in USD)	8.0% Calcualted as daily overnight cost (in USD)	7.9% Calculated as yearly percentage
Euro Stoxx 50 CFD financing rate	5.7% Calcualted as daily overnight cost (in EUR)	6.7% Calcualted as daily overnight cost (in EUR)	5.8% Calculated as yearly percentage
Apple CFD financing rate Yearly financing rate	7.4% Calculated as yearly percentages	8.3% Calcualted as yearly percentage	4.0% Calculated as yearly percentage
Vodafone CFD financing rate Yearly financing rate	- Vodafone CFD is not available	8.2% Calcualted as yearly percentage	8.7% Calculated as yearly percentage

Tickmill non-trading fees

In addition to trading fees, it's important to see if Tickmill charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Tickmill with its two closest competitors.

Tickmill non-trading fees vs competitors
	Tickmill Tickmill	XM XM	Admirals (Admiral Markets) Admirals (Admiral Markets)
Deposit fee	$0 Free deposit	$0 Free deposit	$0 No deposit fee
Withdrawal fee Fee for withdrawing money from the broker account. It is zero if you can withdraw money for free via any method, e.g. credit/debit card or bank transfer.	$0 Free withdrawal	$0 Free withdrawal. The only exception is the bank wire transfer below $200.	$0 One free withdrawal every month
Account fee Monthly account fee	No No account fee	No No account fee	No No account fee.
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee	Yes $15 one-off maintenance fee after one year of inactivity, followed by $5 per month fee if the account remains inactive	Yes €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Tickmill and its closest competitors. To learn more about Tickmill, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

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