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Tickmill Review

Low-cost raw spreads
★★★★★★★★★★ 3.3 / 5
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Trading involves risk of loss
XAUUSD spreadNot published
Min deposit$100
Max leverage1:500
Founded2014
Rating3.3/5

Overview

Tickmill (2014) is a cost-focused, multi-regulated broker offering low raw spreads and commissions, popular with active traders.

Pros

  • Low raw spreads with modest commissions
  • FCA, CySEC and FSA regulation
  • Fast execution
  • Good for scalping
  • Solid research

Cons

  • $100 minimum on raw accounts
  • Smaller instrument range
  • Not available to US clients

Gold (XAUUSD) trading conditions

The Raw account charges 3.00 USD per lot per side on FX and precious metals, so 6.00 USD round turn, which is 0.06 in XAUUSD price terms. That is one of the lower commission rates among ECN accounts.

Key facts

Regulation
FCA, CySEC, FSA, FSCA
Platforms
MetaTrader 4, MetaTrader 5 and TradingView.
Account types
Classic (spread) and Pro/Raw (commission).
Deposits
Cards, e-wallets and bank transfer with no fees on most methods.

Support & contact

Support phone+44 20 3608 6100 (UK) / +852 5808 7849 (HK)

Verdict

A strong low-cost option for active gold traders. Best for scalpers who want cheap raw pricing from a regulated broker.

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Disclaimer: This review is editorial and for information only, not investment advice. The rating reflects our assessment of regulation, cost, execution and reputation. Spreads are indicative and can change. The link above may be a partner link. Trading forex and gold on leverage carries a high risk of losing money; always confirm the broker accepts your country and check your local regulator first.

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