Account One01
ECN
Advertised Spread
0.0 - 0.3
Commission
Not specified
Minimum Deposit
$10000
Detailed Trading Account Comparison
Trading Account Comparison: MultiBank Group ECNvs Tickmill Raw
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
Raw
Advertised Spread
0.0 - 0.3
Commission
Not specified
Minimum Deposit
$100
ACCOUNT OVERVIEW
What Makes MultiBank Group ECN Different from Tickmill Raw?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
MultiBank Group ECN
The MultiBank Group ECN account is the raw-spread option categorized by Broker Alarab for advanced traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $3 per lot, the minimum deposit is $10,000 and orders use Market Execution. ECN differs substantially from Standard and Pro by combining the tightest listed spread range, the highest deposit requirement and a separate commission.
Tickmill Raw
The Tickmill Raw account is the broker’s tight-spread account aimed particularly at scalpers and active traders who focus closely on entry and exit costs. According to Broker Alarab data, spreads range from 0.0–0.3 pips, commission is $6 per lot, the minimum deposit is $100 and orders use Market Execution, making total-cost comparison with Classic essential before choosing.
SIDE-BY-SIDE COMPARISON
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
MultiBank Group
ECN
Tickmill
Raw
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
MultiBank Group
MultiBank Group
Tickmill
Tickmill
Account Name
MultiBank Group
ECN
Tickmill
Raw
Account Type
MultiBank Group
raw
Tickmill
raw
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
MultiBank Group
ASIC | CySEC | BaFin | SCA | FSC
Tickmill
FCA | CySEC | FSCA | FSA
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
MultiBank Group
0.0 - 0.3
Tickmill
0.0 - 0.3
Minimum Recorded Spread
Based on the available account information.
MultiBank Group
0
Tickmill
0
Average Recorded Spread
MultiBank Group
0.1
Tickmill
0.1
Advertised Commission
MultiBank Group
Not specified
Tickmill
Not specified
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
MultiBank Group
$10000
Tickmill
$100
Order Execution Method
MultiBank Group
Market Execution
Tickmill
Market Execution
Trading Platforms
Available platforms may differ by account type.
MultiBank Group
MT4 | MT5 | WebTrader | Mobile App
Tickmill
MT4 | MT5 | TradingView
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
MultiBank Group
Not classified in this category
Tickmill
Classified as suitable for scalping
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
MultiBank Group
ASIC | CySEC | BaFin | SCA | FSC
Tickmill
FCA | CySEC | FSCA | FSA
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
MultiBank Group
1:500
Tickmill
1:1000
Open a Trading Account
MultiBank Group
Open Account ↗Tickmill
Open Account ↗Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | MultiBank Group ECN | Tickmill Raw |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | MultiBank Group | Tickmill |
| Account Name | ECN | Raw |
| Account Type | raw | raw |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | ASIC | CySEC | BaFin | SCA | FSC | FCA | CySEC | FSCA | FSA |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 - 0.3 | 0.0 - 0.3 |
| Minimum Recorded Spread Based on the available account information. | 0 | 0 |
| Average Recorded Spread | 0.1 | 0.1 |
| Advertised Commission | Not specified | Not specified |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $10000 | $100 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | WebTrader | Mobile App | MT4 | MT5 | TradingView |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Not classified in this category | Classified as suitable for scalping |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | ASIC | CySEC | BaFin | SCA | FSC | FCA | CySEC | FSCA | FSA |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:500 | 1:1000 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Information is presented as recorded by Broker Alarab. Spread and commission figures should not be treated as directly comparable without verifying the instrument, pricing units and fee structure.
EXPERT ANALYSIS
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.
MultiBank Group
ECN
Tickmill
Raw
Broker Alarab's Assessment
We see MultiBank ECN as targeting a clearly different segment from Standard and Pro. Its 0.0–0.3 pip spread range and 0.1-pip recorded average are the tightest among the three accounts, but the minimum deposit rises to $10,000 and a $3 per-lot commission applies. Advanced traders should therefore weigh the tighter spread against the capital requirement and commission impact on their trading volume.
Broker Alarab's Assessment
We see Tickmill Raw as the more relevant account to evaluate for active traders and scalpers because of its 0.0–0.3 pip spread range. Its $6-per-lot commission means the account cannot be judged on spread alone. Since the minimum deposit matches Classic, the real decision should be based on total cost at the trader’s actual volume and trading frequency.
Account Advantages
- ✓Tightest listed spread range among the three MultiBank accounts in our data at 0.0–0.3 pips
- ✓Recorded average spread is 0.1 pip
- ✓Categorized for advanced traders
- ✓Provides a raw-spread pricing model clearly differentiated from Standard and Pro
- ✓Recorded commission is $3 per lot according to Broker Alarab data
Account Advantages
- ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Clearly tighter displayed spread range than the Tickmill Classic account
- ✓Categorized for scalpers and active traders in our account data
- ✓The $100 minimum deposit matches Classic in our data
- ✓Pricing structure lets active traders evaluate spread and commission against actual trading volume
Disadvantages and Considerations
- !The $10,000 minimum deposit is the highest among the three accounts
- !A separate $3 per-lot trading commission applies
- !A spread starting from 0.0 does not mean trading cost is zero
- !High-volume traders should calculate the cumulative impact of commission on total cost
Disadvantages and Considerations
- !Carries a $6-per-lot trading commission according to our data
- !A spread starting at 0.0 does not mean zero transaction cost
- !Pricing requires spread and commission to be evaluated together rather than using one figure
- !Classic may provide simpler pricing for lower-frequency traders who do not want a separate commission
Who Is This Account Suitable For?
- •Advanced traders according to Broker Alarab account categorization
- •Users prioritizing the tightest spread range among the MultiBank accounts in our data
- •Traders able to meet the $10,000 minimum deposit
- •Users able to evaluate the impact of a $3 per-lot commission on their total trading costs
Who Is This Account Suitable For?
- •Scalpers who place particular importance on tighter entry and exit spreads
- •Active traders who execute a higher number of transactions
- •Spread-sensitive traders who are comfortable paying a separate per-lot commission
- •Traders who want to compare Raw and Classic total costs against their actual trading volume
Detailed Account Analysis
Does the MultiBank ECN Spread Start From 0.0 Pips?
Yes. The recorded minimum spread for MultiBank ECN is 0.0 pips, while the listed range extends to 0.3 pips and the recorded average is 0.1 pip according to Broker Alarab data. The account also carries a $3 per-lot commission, however, so a spread starting from 0.0 does not mean trading is cost-free.
MultiBank ECN vs Pro: A Major Difference in Deposit and Pricing
ECN has a $10,000 minimum deposit and listed spreads of 0.0–0.3 pips with a $3 per-lot commission. Pro starts from $1,000 and has 0.8–1.0 pip spreads without a separate commission. The comparison therefore extends beyond which account has tighter spreads because there is a substantial difference in both deposit requirement and how trading costs are divided between spread and commission.
How Does the MultiBank ECN Commission Affect Trading Costs?
The recorded commission is $3 per lot, so its impact is directly related to total trading volume. As the number of traded lots increases, cumulative commission also increases. Traders should therefore balance this cost component against the benefit of the listed 0.0–0.3 pip spread range, particularly if they are considering ECN primarily because of its tighter spreads.
Detailed Account Analysis
Tickmill Raw vs Classic: Which Account Costs Less?
The main difference between Raw and Classic is not the minimum deposit, which is $100 for both accounts according to Broker Alarab data, but how each transaction is priced. Raw offers a 0.0–0.3 pip spread range with a $6-per-lot commission, while Classic is listed at 1.6–2.0 pips without a separate commission. There is therefore no reliable answer based on spread or commission alone. Traders should apply the spread difference and Raw commission to their expected lot size and transaction frequency to determine which model produces the better total cost for their strategy.
Is Tickmill Raw Good for Scalping and Active Trading?
Broker Alarab categorizes Raw for scalpers and active traders, and its 0.0–0.3 pip spread range is relevant to strategies that place particular importance on entry and exit pricing. Spread differences can matter more in scalping because strategies may target relatively small price movements across a larger number of transactions. Higher activity also means the $6-per-lot commission can accumulate, however, so scalpers should calculate spread and commission together rather than assuming Raw is automatically the cheapest account.
How Do You Calculate the Real Cost of Tickmill Raw?
Evaluating Raw correctly requires separating the headline spread from the total transaction cost. Our data lists spreads at 0.0–0.3 pips and commission at $6 per lot, meaning trading volume directly affects the commission paid. Traders can estimate the number of lots they expect to trade over a day or month, calculate the resulting commission, add the effect of the spread and compare the result with Classic or another account before deciding which structure is more cost-efficient.
Important details about the MultiBank ECN account
The minimum deposit is $10,000
This is the ECN requirement recorded by Broker Alarab and is higher than Standard and Pro. It is not a recommendation that this amount represents appropriate trading capital.
Commission is $3 per lot
This commission is a separate component of the ECN pricing model and should be calculated alongside the spread when evaluating trading costs.
0.0 pips does not mean zero cost
The listed spread ranges from 0.0–0.3 pips with a 0.1-pip recorded average, but the separate commission means trading cost is not zero.
Important details about the Tickmill Raw account
A 0.0 spread does not mean cost-free trading
Raw spreads range from 0.0–0.3 pips according to our data, but the account carries a $6-per-lot commission. Spread and commission should therefore be combined when evaluating transaction cost.
Commission becomes more important as trading volume increases
Raw commission is linked to trading volume, so its total impact increases as more lots are traded. Active traders should calculate costs using their actual volume rather than focusing on spread alone.
Raw and Classic have the same minimum deposit
Both accounts have a $100 minimum deposit according to Broker Alarab data. The core comparison is therefore about pricing structure rather than requiring more capital to open Raw.
DECISION GUIDE
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
01
Compare Spreads and Commissions Together
The recorded spread for MultiBank Group ECN is 0.0 - 0.3, while Tickmill Raw shows 0.0 - 0.3. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
02
Review Minimum Deposit Requirements
The recorded minimum deposit for MultiBank Group ECN is $10000, compared with $100 for Tickmill Raw. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
03
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
04
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FREQUENTLY ASKED QUESTIONS
FAQs About MultiBank Group ECN vs Tickmill Raw
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between MultiBank Group ECN and Tickmill Raw?+
The recorded spread for MultiBank Group ECN is 0.0 - 0.3, compared with 0.0 - 0.3 for Tickmill Raw. The advertised commissions are Not specified and Not specified, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the MultiBank ECN account?+
MultiBank ECN is the raw-spread account categorized by Broker Alarab for advanced traders. According to our data, spreads range from 0.0–0.3 pips with a 0.1-pip recorded average, commission is $3 per lot, the minimum deposit is $10,000 and orders use Market Execution.
What are the MultiBank ECN spread and commission?+
The recorded ECN spread ranges from 0.0–0.3 pips with a 0.1-pip average, while commission is $3 per lot. Spread and commission should therefore be evaluated together, and a 0.0-pip minimum does not mean trading cost is zero.
What is the MultiBank ECN minimum deposit?+
The recorded minimum deposit for MultiBank ECN is $10,000. This is higher than the $1,000 recorded for Pro and $50 for Standard, making ECN the highest-deposit option among the three MultiBank accounts in Broker Alarab data.
What is the difference between MultiBank ECN and Pro?+
ECN has listed spreads of 0.0–0.3 pips with a $3 per-lot commission and a $10,000 minimum deposit. Pro has 0.8–1.0 pip spreads without a separate commission and a $1,000 minimum deposit. ECN therefore provides tighter listed spreads through a structure with commission and a higher deposit requirement.
What is the Tickmill Raw account?+
The Tickmill Raw account is a tight-spread account categorized in Broker Alarab data particularly for scalpers and active traders. Spreads range from 0.0–0.3 pips, commission is $6 per lot, the minimum deposit is $100 and orders use Market Execution. It differs from Classic by substantially reducing the displayed spread while using a separate commission linked to trading volume.
What is the Tickmill Raw spread and commission?+
According to Broker Alarab data, Tickmill Raw spreads range from 0.0–0.3 pips and commission is $6 per lot. A spread starting at 0.0 should therefore not be interpreted as cost-free trading. When evaluating the account, traders should combine the effect of the spread with the commission generated by their trading volume to estimate effective transaction costs.
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.