Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: Pepperstone Standardvs Tickmill Raw

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

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ACCOUNT OVERVIEW

What Makes Pepperstone Standard 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.

Pepperstone Standard

The Pepperstone Standard account is the broker’s straightforward pricing option and is categorized by Broker Alarab for beginners. Spreads range from 0.6–1.2 pips, there is no separate trading commission, the minimum deposit is $10 and orders use Market Execution. This makes Standard a natural starting point for traders comparing Pepperstone accounts and deciding between commission-free pricing and the tighter-spread Razor model.

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.

Pepperstone
Standard
Tickmill
Raw

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

Pepperstone
Pepperstone
Tickmill
Tickmill

Account Name

Pepperstone
Standard
Tickmill
Raw

Account Type

Pepperstone
standard
Tickmill
raw

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

Pepperstone
ASIC | FCA | CySEC | DFSA | SCB
Tickmill
FCA | CySEC | FSCA | FSA

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

Pepperstone
0.6 - 1.2
Tickmill
0.0 - 0.3

Minimum Recorded Spread

Based on the available account information.

Pepperstone
0.6
Tickmill
0

Average Recorded Spread

Pepperstone
1
Tickmill
0.1

Advertised Commission

Pepperstone
$0
Tickmill
Not specified

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

Pepperstone
$10
Tickmill
$100

Order Execution Method

Pepperstone
Market Execution
Tickmill
Market Execution

Trading Platforms

Available platforms may differ by account type.

Pepperstone
MT4 | MT5 | cTrader | TradingView
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.

Pepperstone
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

Pepperstone
ASIC | FCA | CySEC | DFSA | SCB
Tickmill
FCA | CySEC | FSCA | FSA

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

Pepperstone
1:500
Tickmill
1:1000

Open a Trading Account

Pepperstone
Open Account ↗
Tickmill
Open Account ↗

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

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.

Pepperstone logo

Pepperstone

Standard

Tickmill logo

Tickmill

Raw

Broker Alarab's Assessment

We see Pepperstone Standard as better suited to beginners who want a straightforward pricing model without a separate per-lot commission. Its $10 minimum deposit creates a low entry requirement in our data, but the more important factor is comparing its 0.6–1.2 pip spread range with Razor pricing. Standard’s main strength is simplicity rather than an assumption that it is always the lower-cost account.

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

  • ✓No separate trading commission according to Broker Alarab data
  • ✓Minimum deposit is just $10 in our data
  • ✓Categorized for beginners within our Pepperstone account data
  • ✓Simpler cost structure based primarily on the spread
  • ✓Provides a clear alternative for traders who do not want to combine spread and commission calculations as with Razor

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

  • !Spreads range from 0.6–1.2 pips and are wider than the Razor range in our data
  • !No separate commission does not mean trading is cost-free
  • !The effect of the spread can become more important as transaction frequency increases
  • !Spread-sensitive traders should compare Standard with Razor before choosing

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?

  • •Beginners looking for a Pepperstone account with straightforward pricing
  • •Traders who prefer not to pay a separate commission per lot
  • •Users who want to understand trading cost primarily through the spread
  • •Lower-frequency traders whose strategy does not depend on obtaining the tightest possible spread

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

Pepperstone Standard vs Razor: Which Account Is Better?

This is the central comparison when choosing a Pepperstone account type. According to Broker Alarab data, Standard uses 0.6–1.2 pip spreads with no separate commission, while Razor uses 0.0–0.3 pips with a $7-per-lot commission. Both accounts have a $10 minimum deposit and Market Execution, so the entry requirement does not decide the comparison. Standard offers simpler pricing, while Razor reduces the spread in exchange for commission. The better option depends on lot size, trading frequency and trading style.

Is the Pepperstone Standard Account Good for Beginners?

Broker Alarab categorizes Standard for beginners, and its pricing model is relatively easy to understand because the separate commission listed in our data is $0. Users can focus primarily on the spread when assessing entry and exit costs instead of combining two pricing components. Simpler pricing does not reduce trading risk or guarantee that Standard will always be cheaper. As a trader becomes more active, comparing effective costs with Razor becomes increasingly important.

When Could Razor Be More Suitable Than Standard?

As a strategy becomes more sensitive to spread or the number of entries and exits increases, comparing Standard with Razor becomes more important. Standard is listed at 0.6–1.2 pips in our data, while Razor is listed at 0.0–0.3 pips but adds a $7-per-lot commission. Traders should translate both the spread difference and commission into an effective cost at their expected trading volume rather than choosing solely because one account is commission-free or the other has 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 Pepperstone Standard account

Commission-free does not mean cost-free

Standard has a $0 commission in our data, but its 0.6–1.2 pip spread range remains an important transaction cost and should be included in comparisons.

The minimum deposit in our data is $10

Broker Alarab lists a $10 minimum deposit for Standard. This is an account requirement rather than a recommendation for suitable trading capital or risk.

Standard and Razor have the same minimum deposit in our data

Both accounts start at $10, making spread, commission and trading style more meaningful comparison factors than the entry requirement.

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.

Read the Full Account Review →
Read the Full Account Review →
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 Pepperstone Standard is 0.6 - 1.2, 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 Pepperstone Standard is $10, 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 Pepperstone Standard vs Tickmill Raw

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between Pepperstone Standard and Tickmill Raw?+
The recorded spread for Pepperstone Standard is 0.6 - 1.2, compared with 0.0 - 0.3 for Tickmill Raw. The advertised commissions are $0 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 Pepperstone Standard account?+
The Pepperstone Standard account has no separate trading commission and is categorized by Broker Alarab for beginners. According to our data, spreads range from 0.6–1.2 pips, commission is $0, the minimum deposit is $10 and orders use Market Execution. It differs from Razor primarily through its pricing structure, relying on the spread rather than combining tighter spreads with a separate commission.
What is the Pepperstone Standard spread and commission?+
According to Broker Alarab data, Pepperstone Standard spreads range from 0.6–1.2 pips and there is no separate trading commission. The spread therefore represents the primary trading cost on the account. A $0 commission should not be interpreted as free trading, and the spread range should be compared with the total cost of Razor when choosing between the two accounts.
What is the Pepperstone Standard minimum deposit?+
The Pepperstone Standard minimum deposit listed in Broker Alarab data is $10. This matches the minimum listed for Razor in our table. The $10 amount represents the account requirement in our database and does not mean it is suitable trading capital for every strategy, risk level or position size.
What is the difference between Pepperstone Standard and Razor?+
According to our data, Standard uses 0.6–1.2 pip spreads with no separate commission, while Razor uses 0.0–0.3 pip spreads with a $7-per-lot commission. Both accounts start at $10 and use Market Execution. Standard is categorized for beginners, while Razor is categorized for scalping, making trading style and total cost central to the decision.
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.

View Pepperstone Standard →View Tickmill Raw →
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