Account types, Deposits, And Withdrawals

Tickmill FAQ Review: Account types, Deposits, And Withdrawals Explained


Intro – What is Tickmill?

Most founders, executives, or team leaders will tell you that caring about clients is the most crucial thing every business should focus on. In this article, we’ll have a quick look at Tickmill: a multi-regulated and multi-asset broker that does care about its clients.

The company was founded in 2014, and ever since, it has had an exciting journey. In July 2021, Tickmill launched CFDs on Bitcoin, Ethereum, and Litecoin. For a full list of Tickmill’s Crypto CFD offerings, click here.

“At Tickmill, clients are offered a safe trading environment, competitive conditions, and access to innovative platforms. But we are much more than that. We are close to our clients, value their loyalty and their trust, and do everything possible to empower and support them.”

Carla Nemr, Chief Business Development Officer 

For CFDs, Tickmill Ltd. Seychelles provides a total of 199 tradeable symbols, which is a pretty remarkable number. Trading cryptocurrencies and other instruments is offered through CFDs but not through buying the underlying asset (for example, buying Ethereum or Bitcoin). 

One of the most recent awards Tickmill won was at the Ultimate Fintech Awards for the best Forex spreads in 2022! You can review the long list of awards the broker has won here. 

Based on our research, Tickmill pays lots of attention to allowing its users to manage their funds easily for both deposits and withdrawals, which is something every trader likes to see. Tickmill’s mobile app is specially designed so that traders can create accounts, deposit, withdraw, transfer, and monitor their funds on the go. 

You can find more about Tickmill’s mobile app here.

Now, let’s review some of the most frequently asked questions about Tickmill.

FAQs about Tickmill

Tickmill offers four types of accounts:

Demo account: allows users to trade with virtual funds utterly free of charge
Pro Account: Minimum deposit of $100, spread from 0.0 pips, and leverage up to 500x
Classic Account: Minimum deposit of $100, spread from 1.6 pips, and leverage up to 500x
VIP Account: Minimum balance of $50,000, spread from 0.0 pips, and leverage up to 500x

Which one is the best depend purely on your experience as a trader; for newbies, the classic and pro accounts are probably the best, while for professional traders, the VIP account sounds attractive.

Yes, Tickmill is a completely safe and legit broker. To comply with anti-money laundering laws, clients must undergo the KYC verification process.

Even more importantly, the broker has been around since 2014, and to have that type of longevity in the CFD market speaks for itself.

“We take pride in the fact that Tickmill provides a safe, secure, and reliable environment for traders to achieve their trading goals. Our CFD Crypto asset class offers superb trading conditions with ultra-low spreads, zero commissions, competitive leverage up to 1:200, and zero swaps that enable traders to keep their positions open for as long as they want at no extra cost. In addition, our state-of-the-art platforms, powerful trading tools, and multilingual support ensure that our clients enjoy a seamless and superior trading experience at all times.” 

Sudhanshu Agarwal, 

Executive Director of Tickmill Ltd 

If you want to start your Tickmill journey, there are 3 simple steps:

Upload your documents to complete the registration process
Open a trading account, make a deposit to your Tickmill wallet, transfer funds to your live trading account and download the trading platform of your choice to start trading.

Create an account on Tickmill NOW

Tickmill Ltd Seychelles offers various asset classes: FX, Stocks, Indices, Cryptocurrencies, Commodities, and Bonds.

$100 is the required minimum deposit for pro and classic accounts. The minimum balance requirement to access the VIP account is $50,000. Learn more about Tickmill’s account types here.

Unfortunately, no, US citizens are not allowed to trade with Tickmill. However, Tickmill Ltd. Seychelles is regulated by the FSA Seychelles (Seychelles Financial Services Authority) and is available in 70 countries.

Tickmill Group Licenses include the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (FSA), the Labuan Financial Services Authority (Labuan FSA), and the Financial Sector Conduct Authority (FSCA) in South Africa.

Tickmill supports Bank Transfer, Crypto Payments, Visa /Mastercard, Skrill, Neteller, SticPay, FasaPay, UnionPay, and WebMoney, although some options are only available to residents of certain countries. Click here for a detailed list.

Deposits and withdrawals are free of charge.

If you want to withdraw from Tickmill, the process is pretty straightforward:

Make sure you are logged in
Select “withdraw” from your client area and fill out the necessary withdrawal form
In 1 business day, the withdrawal will be completed

Learn more about Tickmill’s deposits and withdrawals here

Expand its product offering, especially its CFD Stocks asset class, to reach 500 stocks
Continuously improve its exceptional trading conditions such as better trade execution and even lower spreads to remaining an industry-leading broker
Launch its CPA affiliate program
Introduce new trading tools and platforms
Expand its proprietary technology

Community and social media accounts:

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All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.


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