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Inactivity fee at Tickmill

Your expert
Adam N.
Fact checked by
Updated
Oct 2023
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Does Tickmill charge an inactivity fee as of October 2023?

No, Tickmill does not charge an inactivity fee.

This is great news, because you can be sure you won't be charged for not using your account for a long period of time.

Tickmill main highlights
💰 Tickmill inactivity fee No
💰 Tickmill withdrawal fee $0
💰 Tickmill minimum deposit $100
📃 Tickmill deposit methods Bank transfer, Credit/debit cards, Neteller, Skrill, dotpay, Paysafecard, Sofort, Rapid by Skrill, PayPal
🗺️ Country of regulation UK, Cyprus, Seychelles, South Africa, Malaysia, Dubai
🎮 Tickmill demo account provided Yes

Data updated on October 10, 2023

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

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What is inactivity fee and when is it charged?

My key findings in a nutshell
Adam
Adam Nasli
Financial Wizard | Trading • Safety • Market Analysis

I've thoroughly tested Tickmill services with our analyst team by opening a real-money account and these are my most important findings:

  • The inactivity fee is an important non-trading fee for long-term investors
  • Brokers usually charge an inactivity fee if you fail to use your account for a longer period
  • Tickmill does not charge an inactivity fee

Broker fees can make a big difference in the overall performance of your investments, and there's nothing more annoying than an obscure fee item suddenly appearing out of nowhere. Inactivity fees are one of those cost items that can pass under the radar and cause a headache for long-term investors.

What is an inactivity fee? An inactivity fee is charged by some brokers if you fail to trade or otherwise use your account for an extended period. In most cases, it kicks in after one year, after which you have to pay it on a regular basis until you start trading again. Check terms carefully: at some brokers, you can dodge the inactivity fee by simply logging in to your account.

To read more about possible expenses you may face as a long-term investor, check out our summary of the most common brokerage fees.

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

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Further reading

Author of this article

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.

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

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.

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

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