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TICKMILL: What account types do Tickmill offer?
Source:https://www.tickmill.com/about/faq/category/account-information | Author:finance-102 | Date2022-12-16 | 139 Views | Share:
We offer 3 account types: Classic, Pro and VIP. All accounts have the same execution speed.

We offer 3 account types: Classic, Pro and VIP. All accounts have the same execution speed.

Their differences are:

Spreads:

The Pro and VIP accounts start at 0.0 pips, whereas the Classic account starts at 1.6 pips.

Commission:

*There is no commission on the Classic account.

*There is a commission of 2 currency units per side per lot (0.0020% notional) on the Pro account in the base currency of the trading instrument. Example: If you trade 1 lot of EURUSD, which has a contract size of 100,000 EUR, then your commission per side would be 2 EUR and 4 EUR round turn.

*There is a commission of 1 currency unit per side per lot (0.0010% notional) on the VIP account in the base currency of the trading instrument. Example: If you trade 1 lot of EURUSD, which has a contract size of 100,000 EUR, then your commission per side would be 1 EUR and 2 EUR round turn.

The minimum deposit for the Pro and Classic account is: 100 USD/EUR/ GBP/PLN.

The minimum deposit for the VIP account is 50,000 USD/EUR/ GBP/PLN.