Tickmill introduces Bitcoin to its offer - Spread below 10 pips

Tickmill, a British broker offering STP / ECN trading via the MetaTrader 4 platform, introduces the most popular cryptocurrency - Bitcoin. And on very attractive terms.

Terms of trade

Tickmill is a broker famous for very low transaction costs. The introduction of BTC to the offer could not have been otherwise. The spread is volatile and depends on market liquidity, however, it starts already from 7.00 pips (on average, around 8.00 - 9.00 pips). Transactions on BTC are not charged with an additional commission, so the spread is the total transaction cost that the trader incurs.

Transactions are leveraged at 1: 20 (5% Margin), and weekend swap is calculated on Friday. At this moment, trade is available only from Monday to Friday. Short sale is available and the minimum position volume is 0.01 lot.

The future is in ... Cryptocurrencies?

This is another Forex broker, which decided to expand its offer to rapidly growing in popularity crypto currencies. The first broker in Poland that made trade in BTC possible in June this year is XTB. However, Bitcoin began to appear on the market at the end of 2016 in foreign competition. It can be said that Tickmill has already entered the frayed trail once again trying to beat the competitors with low commissions.

Check it out: Brokers offering Bitcoin - 2017 statement