I’ve been looking at Tickmill for scalping lately and I keep seeing mixed feedback. Some people swear by the execution, others say the slippage during volatile periods kills profitability. I’m trying to figure out if the tight spreads they advertise actually translate to real trades, especially when I factor in rebates from GlobeGain.
My main concern is whether I’m going to get filled at the prices I expect, or if I’ll constantly lose a pip or two on entry and exit. That adds up fast when you’re scalping. I’ve heard their MT4 platform is stable, but stability doesn’t always mean execution is tight.
Has anyone here actually tested Tickmill’s execution quality during news events or high volatility? I want to know if the platform holds up when it matters most, and whether the rebates actually make a difference to your bottom line after accounting for real slippage.
What’s your honest take on this?
Execution is solid during quiet times. News events? Slippage hits hard.
Rebates help but don’t offset bad execution. Test with small lots first.
Tickmill’s execution is actually solid on most pairs, but here’s the real issue: slippage varies by asset and time of day. During London open EUR/USD is tight. During NFP? All brokers struggle.
The rebates from GlobeGain help offset the wider spreads during peak hours. I tracked this for three months across five brokers. Tickmill came out middle of the pack for execution consistency, but their rebate structure pushed the total cost down significantly.
Test with 0.01 lots on three different pairs at different times. You’ll see the pattern quickly. If you’re scalping mostly during quiet hours, Tickmill works fine. If you’re hunting news spikes, you might want tighter execution.
I’ve been using Tickmill for about six months now, mostly scalping EUR/USD and GBP/USD.
Execution is generally reliable. I don’t see crazy slippage on normal days. During news events though, like most brokers, the spreads widen fast and you do get some slippage.
The rebates help balance things out. I’m tracking my costs weekly and the rebate percentage definitely reduces my net cost per trade. The key is to trade when volatility is lower if you want consistent execution.
Used Tickmill for three months. Spread usually tight. Slippage happens during news like everywhere else.
I switched to Tickmill last year specifically for scalping EUR/USD and some gold pairs. The execution speed is actually decent compared to my previous broker.
Slippage on normal days? Maybe 0.1 to 0.3 pips occasionally. That’s acceptable for me. During major news though, expect 1-2 pips on entry sometimes. That’s just market conditions, not really Tickmill’s fault.
What actually helped me was pairing their tight spreads with GlobeGain rebates. My cost per lot dropped about 18% after rebates. Doesn’t sound huge but when you’re scalping, it compounds. I’m more profitable on Tickmill than I was on my previous broker, even accounting for slippage variance.