I’ve been looking at scalping setups and rebates keep coming up as a way to reduce costs. I understand the basic math but I want to know what the actual impact is in real trading.
With GlobeGain rebates, how much are people actually saving on Tickmill compared to other brokers? I’m trying to understand if the rebates alone make Tickmill worth choosing, or if it’s just a bonus on top of already competitive spreads.
Here’s what I want clarity on: How much do rebates typically offset your monthly trading costs with Tickmill? Does the rebate percentage ever vary? And more importantly, do the rebates actually change which broker is cheapest overall when you compare Tickmill to other major scalping platforms? I’d like to see some actual numbers from people who track this.
Rebates save about twenty percent of costs.
They help but spreads matter more.
GlobeGain rebates typically run 0.3 to 0.5 pips per lot on Tickmill depending on your volume tier.
For a scalper trading 50 lots daily, that’s roughly 7.50 to 12.50 dollars per day in rebates, assuming 20 trading days per month. That’s 150 to 250 per month - not huge but adds up.
However, rebates rarely change which broker is cheapest. They’re more like a bonus. If Tickmill’s total cost including spreads and commission is already competitive, rebates improve that position by maybe 5 to 10 percent. Test three brokers for one week each with your actual trading style. Run the math on total cost per lot: spread + commission - rebate. That’s your real number to compare.
I track my rebates monthly and it usually comes out to about 200 dollars for me.
I trade EUR/USD and GBP/USD mostly, so the pattern is pretty consistent. The rebates definitely help with overall profitability but they’re not the reason I chose Tickmill.
The real benefit for me was the combination of decent spreads plus rebates plus reliable execution.
Rebates help but don’t make huge difference.
Tracked my GlobeGain rebates over six months with Tickmill and averaged about 180 dollars per month.
For my trading volume that represented about 8 percent of my monthly trading costs. Meaningful but not life changing.
The rebates are consistent though - they don’t vary much month to month. What matters more is that Tickmill’s spreads without rebates are already competitive. The cashback is a nice bonus that makes them the best choice, but it’s not like rebates alone make Tickmill cheaper than everyone else. The core trading costs have to be solid first.