Tickmill Rebates and Commission Discounts
|Account Type||ECN Pro Account|
|Rebate rate||5% direct commission discount|
|Rebate option||Direct commission discount|
|Original commission rate||$2 per rt lot ($2 of base ccy, ie EUR2 for EURUSD)|
|No commission charged|
$3.8 per rt lot ($3.8 of base ccy, ie EUR3.8 for EURUSD)
Calculation for EURUSD commission: 1.13349 * 3.8 * 0.6 lots = USD2.58. (1.13349 is EURUSD price)
Calculation for XAUUSD (Gold) commission: 1.797 * 3.8 * 0.6 lots = USD4.09.
|Typical spread||0.2 pips|
|Min trade size||0.01|
|Min distance pending orders||None|
|Open account with above rebate|
|Existing Account Holders (to receive the rebate)||1. Login to the Tickmill client area|
2. Open a new trading account
3. Select new introducing broker in the dropdown and enter IB80466563 into the IB code field.
Your spreads remain exactly the same – There is no spread mark up to provide you this service.
The tickmill account is useful if you are news trading, or scalping, as tickmill has one of the best spreads versus other forex brokers and good execution speeds.
Frequently Asked Questions
Tickmill rebates gives you a direct commission discount/ spread reduction on all your trades, allowing immediate commission savings and increased profitability.
If the discount is $1.50 per round turn lot, and you trade 100 lots, you will pay $150 less commission than another trader not using Tickmill rebates.
Questions about Tickmill Rebates?
What to expect when opening a Tickmill account?
What to expect: Once you click the link above, it will send you to Tickmill’s webpage. Go ahead and open your account there. Select Seychelles as your regulator. Fill out your details, and when asked to enter your IB number, enter IB80466563. Then submit your proof of identity (scanned passport page) and proof of address (scanned utility bill) and wait 12-48 hours for your account to be opened. Once your account is opened, the 5% commission discount will automatically be applied to your account.
What to expect (if you have an existing account): Login to the Tickmill client Area, open a new trading account, select new introducing broker in the dropdown, and enter IB80466563 into the IB code field. The 5% discount is automatically applied to your account once your account is opened.
Don’t wait! The faster you sign up, the more you save!
Leave us a review in the comments section below if you have benefited from this rebate!
More information about Tickmill
Tickmill spread comparison with other brokers
Stop level, leverage, and min trade size
They have zero stop level and offer 500:1 leverage with min 0.01 lot trade size.
Trade server location & Execution speed from VPS
Tickmill’s MT4 servers are located at LD4/5 (London), and co-location is possible from a London-based VPS from CNS (Commercial Network Services) or Beeks. Both are located 2ms* away from Tickmill’s trade servers.
*Ping latency is 2ms to Tickmill’s servers: Latency chart