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

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

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:

• Register
• 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