How much do rebates actually help when you're comparing tickmill to other scalping brokers?

Broker Comparisons & Reviews
1

I’m trying to get a clear picture of total trading costs across different brokers. Everyone talks about spreads, but when you factor in rebates through services like GlobeGain, the picture changes.

For Tickmill specifically, I want to understand: how much do rebates actually reduce your effective trading costs compared to other scalping brokers? Does the rebate amount make Tickmill competitive, or is it just a small bonus on top of higher base costs?

I’m also curious whether rebates make a difference in your actual broker choice. Would you pick Tickmill over another broker purely because of the rebate structure, or do base trading conditions matter more?

I’m planning to scalp frequently, so the cost per trade adds up fast. What’s your experience been with calculating real trading costs across different brokers when rebates are included?

2

Calculate true cost: (spread + commission) - rebate = actual cost per lot. On EUR/USD with Tickmill at 0.8 pip spread and a 0.3 pip rebate from GlobeGain, your effective cost is 0.5 pips. Compare that number directly to other brokers.

I’ve tested Tickmill against IC Markets and Pepperstone. Tickmill often wins on cost after rebates, but execution quality sometimes favors competitors. Don’t choose based on rebates alone. If a broker with higher costs gives you better execution, the fewer slippage instances might save you more money.

For high-frequency scalping, 0.2-0.3 pips per trade adds up. But 1 extra pip slippage on 50 trades costs you 50 pips, which is massive.

3

Rebates help but execution matters more.

4

The rebates do add up if you’re scalping a lot. I track my monthly costs and rebates come back to me as a percentage of my trading volume.

With GlobeGain on Tickmill, I’m seeing decent cashback - nothing life-changing, but noticeable over a month. It’s definitely part of why I chose Tickmill over some other options.

But honestly, if the execution wasn’t solid, the rebates wouldn’t matter enough to make me stay.

5

Rebates help lower costs but don’t ignore execution quality.

6

Track real costs over 50 trades minimum.

7

At the end of the day, you want to know: after all costs and rebates, which broker leaves you with the most profit.

GlobeGain rebates definitely improve that picture for Tickmill. But test multiple brokers and run the numbers yourself. Don’t just assume rebates make one broker better.