Tickmill or Pepperstone | Forex Factory

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Tickmill or Pepperstone

  • #1
  • First Post: May 10, 2017 5:04pm May 10, 2017 5:04pm
Hi all
I have been quite happy with Pepperstone on the whole but their commissions are rather high. Their spreads however are second to none. As a scalper, for whom every penny counts, I am now considering moving to Tickmill for their lower commission, however their spreads are marginally higher.

Anyone use both and have a preference.

Many thanks

MP
Gravity goes both ways in forex...
  • #2
  • May 11, 2017 6:13am May 11, 2017 6:13am
As you are a scalper, I think you should find a broker with mixture of both parameters – tight spreads and low retail commissions. Why? Because, high commissions are making scalping pointless in the long term.
  • #3
  • May 11, 2017 8:03am May 11, 2017 8:03am
Quoting max pips
Hi all I have been quite happy with Pepperstone on the whole but their commissions are rather high. Their spreads however are second to none. As a scalper, for whom every penny counts, I am now considering moving to Tickmill for their lower commission, however their spreads are marginally higher. Anyone use both and have a preference. Many thanks MP
Use cash rebate and AUD account to lower your commission at Pepperstone. Normal USD account commission = 7USD, AUD account (7-0,8 rebate)*0,75USD= 4,65 USD.
  • #4
  • May 11, 2017 8:37am May 11, 2017 8:37am
Quoting max pips
Hi all I have been quite happy with Pepperstone on the whole but their commissions are rather high. Their spreads however are second to none. As a scalper, for whom every penny counts, I am now considering moving to Tickmill for their lower commission, however their spreads are marginally higher. Anyone use both and have a preference. Many thanks MP
Tickmill have many rebates providers, they send you 1.7-1.9/lot back, it will save you a lot if you made high volumes.
Forex, my love!
  • #5
  • May 11, 2017 4:07pm May 11, 2017 4:07pm
Quoting UlliC
As you are a scalper, I think you should find a broker with mixture of both parameters tight spreads and low retail commissions. Why? Because, high commissions are making scalping pointless in the long term.
and this is?

MP
Gravity goes both ways in forex...
  • #6
  • May 14, 2017 7:08am May 14, 2017 7:08am
Both are good. Just go with one of them and you'll be happy.
This is not investment/trading advise. Will not hold accountable for loss
  • #7
  • Edited 10:22pm May 15, 2017 7:27pm | Edited 10:22pm
Quoting yousername
Both are good. Just go with one of them and you'll be happy.
I test these two for some time. Pepperstone tends to deliver better quotes (with same EA under almost same data-trasnsferring speed).

Some brokers seems to provide a great deal (tight spread, low commission, etc) but actually they don't---they just regain their profit from requoting/slippage. They like this trick because these are much harder to detect.

Most people tends to ignore aforementioned issue; for example, broker comparison list on various websites (including FF) never take slippage/requoting into consideration.


N.B. In general, Tickmill is still pretty good.
IG seems like a reputable company, but it is not.
  • #8
  • May 15, 2017 8:37pm May 15, 2017 8:37pm
Quoting mathTrader8
{quote} I test these two for some time. Pepperstone tends to deliver better quotes (with same EA under almost same data-trasnsfering speed). Some brokers seems to provide a great deal (tight spread, low commission, etc) but actually they don't---they just "reclaim" their loss from requoting/slippage. They like this trick because these are much harder to detect. Most people tends to ignore aforementioned issue; for example, broker comparison list on various websites (including FF) never take slippage/requoting into consideration. N.B. In general,...
Pepperstone has been in the business for a quiet long time.
They have BK Advisor on their mailing list and they provide awesome insight on the market.
This is not investment/trading advise. Will not hold accountable for loss
  • #9
  • Jun 5, 2017 2:35am Jun 5, 2017 2:35am
Quoting yousername
{quote} Pepperstone has been in the business for a quiet long time. They have BK Advisor on their mailing list and they provide awesome insight on the market.

Well I tried this analysts service its not professional as they use basic tools and obsolete knowledge to analyze the market (Crossed 200 MA, hit the Fibo range and something like that). I mean the results are pretty subjective.
  • #10
  • Jun 5, 2017 8:15am Jun 5, 2017 8:15am
Quoting available
{quote} Well I tried this analysts service its not professional as they use basic tools and obsolete knowledge to analyze the market (Crossed 200 MA, hit the Fibo range and something like that). I mean the results are pretty subjective.
What sort of analysis would you expect mate?
pages of research papers? lol
This is not investment/trading advise. Will not hold accountable for loss
  • #11
  • Jul 2, 2017 3:10pm Jul 2, 2017 3:10pm
Quoting available
{quote} Well I tried this analysts service its not professional as they use basic tools and obsolete knowledge to analyze the market (Crossed 200 MA, hit the Fibo range and something like that). I mean the results are pretty subjective.
So a strategy of trading must be hardly complex and complicate to be winning? ._. All strategies are good if they work. Easy or not.
  • #12
  • Last Post: Jul 8, 2017 2:51pm Jul 8, 2017 2:51pm
Tickmill is organizing Demo contest.
Make all mistakes in demo and rain in pips in live account
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