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Tickmill fees explained

Your expert
Adam N.
Fact checked by
Updated
Dec 2024
Personally tested
Data-driven
Independent

Overview of Tickmill fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, Tickmill is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found Tickmill's trading fees fairly low
Adam
Adam Nasli
Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Tickmill fared:

  • Tickmill charges low FX fees and low CFD fees.
  • There is no inactivity fee even if you leave your account idle for a long time.
  • The basic withdrawal fee is $0, but some transactions may cost more.
  • Read our full review of Tickmill for info on safety, trading platforms and funding.
Tickmill fees at a glance
Assets Fee level Fee terms
EURUSD Low 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 Low Raw account: $3.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

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72% of retail CFD accounts lose money

Low FX fees

Tickmill forex fees
XM
commission per lot
3.00 3.50 3.00
EURUSD spread
0.2 0.1 0.1
GBPUSD spread
0.3 0.8 0.5
AUDUSD spread
0.2 0.8 0.6
EURCHF spread
0.7 1.0 1.4
EURGBP spread
0.5 0.7 0.7
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Low CFD fees

Spread and commission for a $2,000 CFD trade
XM
S&P 500 index CFD fee
$2.2 $3.0 $3.3
Euro Stoxx 50 index CFD fee
$2.6 $3.0 $2.4
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No inactivity fee, no withdrawal fee

There is no fee for deposits or withdrawals. There is also no inactivity fee, but accounts that have been inactive for more than a year and have an account balance of less than €10 (or equivalent) may be closed by the broker.

Broker
Inactivity fee
Withdrawal fee
Tickmill
$0
XM
$0
Admirals (Admiral Markets)
$0
Tickmill inactivity, withdrawal and other fees
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Other commissions and fees

You can find Tickmill's fees for other asset classes below. Click 'Show more' for details.

Low options commission

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Low futures fees

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Interest on cash

At Tickmill, you can earn interest on your univested cash if your account balance exceeds $100,000 (or equivalent) and your account shows trading activity within the last 30 days or has at least one open position. 

At the time of our review, Tickmill paid the following interest rates: 

  • USD: (USD maximum cash yield - 645); Thresholds: 0 - 50K
  • GBP: 2.8%; Thresholds: 0 - 40K
  • EUR: 1.3%; Thresholds: 0 - 45K

Interest is calculated daily and paid monthly, on the fifth day of the following month.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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