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Tickmill offers a very interesting deal called Welcome Account which is specifically designed for new clients. What is it and how does it work?
Bonuses are one of the various attempts that brokers often do to draw new customers. Brokerage firms are practically competing with one another to offer the most attractive bonus program for their clients. These programs usually give rewards in the form of additional funds, credits, gifts, free access to exclusive services, and other benefits. Many traders take these bonuses seriously and even consider them to be a determining aspect when choosing a broker.
Each broker typically has its own special set of bonus deals. While some brokers stand out for the amount of free money they offer as rewards, others are popular for their peculiarity in offering bonus programs. Tickmill is an innovative broker that is known to offer various interesting services, like the Welcome Account feature. Not many brokers have this option, so it's definitely an intriguing one, especially for new traders. Let's find out more about it.
Get to Know Tickmill Welcome Account
Tickmill is a well-known broker that has been around since 2014. With a good track record and a huge client base, the company offers a reliable trading environment for any type of trader worldwide. There are various benefits that the broker offers, including more than 180 instruments available for trading, ultra-fast execution, low spreads and commissions, cutting-edge technology, and above all, excellent security measures.
Tickmill's Welcome Account is a rather unique offer that's aimed for new clients from non-restricted countries who are interested in opening a live brokerage account. Basically, the Welcome Account allows traders to access Tickmill's trading environment with a free $30 deposit. You can use this money for trading and withdraw the profit directly to your live trading account. So, with this account, you'll get the opportunity to trade risk-free with the available trading funds without having to make any deposit.
In order to create a Welcome Account, you simply need to visit the broker's website and register for a Welcome Account. The login credentials will be sent to your registered email address once the application is approved. Note that the login details are only for Welcome Account and cannot be used to access the Client Area. After you're logged in, the $30 deposit bonus will be transferred to your account and can be used to trade straight away. Each individual client can only open one Welcome Account.
Welcome Account is for introductory purposes only, so you won't be able to make a deposit or use it in the long term. This is why the account is only activated for 60 days after the day of the account opening. After the 60-day period has passed, trading will be disabled. Clients can still access it for the next 14 days though, to claim the earned profit. It is also worth noting that Tickmill's Welcome Account is only available in USD (as the base currency).
Where to Find the Information on the Official Broker Site?
- This information is reported per Feb 23 2023.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore Tickmill homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How to Withdraw Profit from the Welcome Account
As mentioned before, the free $30 deposit is not available to be withdrawn or transferred from the Welcome Account. You can, however, withdraw the profit made from trading with the deposit. Here's how to do it:
- Sign up for a Client Area account on the broker's website, using the same personal information provided in the Welcome Account registration form.
- Complete the verification process by providing the required identification documents.
- Make a deposit of at least $100 or equivalent into your account's trading balance.
- Send an email to [email protected] and request a transfer of profit from your Welcome Account to your trading wallet. The minimum amount that you can transfer is $30 and the maximum amount is $100.
- Make sure that the wallet is the exact same one you used to make the initial deposit and that your account is not currently connected to any other promotions or campaigns.
- The profit will be transferred to your account balance and can be withdrawn at any time.
Once the profit is successfully transferred, your Welcome Account will be disabled automatically. You won't be able to access it or use it to make trades anymore. Also, note that you can only make one request to transfer your Welcome Account profit.
Where to Find the Information on the Official Broker Site?
- This information is reported per Apr 25 2024.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore Tickmill homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
The Pros and Cons of Welcome Bonus
The Pros
- Risk-free: Since the welcome account doesn't require you to make a deposit, trading with the bonus can be considered a risk-free tryout. This is a great chance to experience real trading without risking any real money from your pocket. All you need to prepare is a sound trading strategy and time to analyze the market.
- Free margin: You can use the bonus as a free margin and withdraw it directly to your live trading account.
- Get to know how Tickmill's platform works: Opening Tickmill's Welcome Account offers you a chance to be introduced to the broker's trading platform and all the features it offered.
- Better than demo account: Welcome account is simply better than demo account because it's not merely a simulation of the real market. Demo accounts often make people reckless because they don't fear losing money, but welcome account allows you to experience real trading without having to deposit any funds.
The Cons
- Limited amount: The bonus is not that big to begin with, so you can only make small trades and earn limited profit. The amount may be enough for introductory purposes, but it's not enough for making actual considerable profits.
- Restrictions: Each welcome bonus comes with certain conditions, so it's important to learn about all the requirements imposed by the broker. In some cases, withdrawing the bonus may be quite a hassle. Make sure to understand the rules and don't hesitate to ask the broker for guidance.
Tickmill is an award-winning global ECN broker, authorized and regulated by the Financial Conduct Authority (FCA) in the UK, CySEC in Cyprus, and the FSA of Seychelles. Founded in 2014, it offers its retail and institutional clients various trading services with a prime focus on forex, stock, commodities, CFDs, and metals.
For traders who prioritize the value of spreads in broker selection, Tickmill provides excellent services with low spreads, starting from 0.0 pips.
The London-based company has a mission to provide clients with the best possible trading environment, so clients can focus on trading and become successful traders. One way to reach its mission is to offer a fast-execution of 0.15s. With this facility, it's no wonder that Tickmill gets the 2019 Best Forex Execution Broker award by the CFI.co Awards. Also, Tickmill received the achievement as Best CFD Broker Asia 2019 by International Business Magazine, the Best Forex Broker Asia, and the Most Transparent Broker 2019 by Forex Awards.
After registering in Tickmill, traders can choose the most ideal asset among 60 currency pairs that they can trade. If traders aren't sure yet to open a real account, Tickmill recommends learning to trade through a demo account.
There are also educational features such as Webinars, Seminars, Ebooks, and Video Tutorials. All of these facilities can be used by traders to increase knowledge about trading and the financial market as a whole. If traders already have enough knowledge, they have a greater opportunity for earning profit consistently.
For traders registered in real accounts, they can choose between provides three types of accounts, including Pro Account, Classic Account, and VIP Account. Traders can open positions with a minimum order of 0.01 Lots. This applies to all types of accounts.
The company provides recommendations for traders who are still confused when choosing an account. For example, for novice traders, Tickmill encourages clients to choose a Classic Account. It offers optimal conditions with fast order execution while enabling traders to use virtually any trading strategy. Additionally, the account is trade commission-free so traders only pay the bid/ask spread. Other than the 3 main accounts above, Tickmill also provides an Islamic account (swap-free).
The downside is, trading with Tickmill will only enable traders to use MetaTrader 4 as their offered trading platform. Although not much if compared to other brokers, the Tickmill platform provides a user-friendly and highly customizable interface, accompanied by sophisticated order management tools to help traders control positions quickly and efficiently.
The convenience of trading on Tickmill is enhanced by the existence of One-Click EA integrated on MT4. Traders will get Stop Loss and Take Profit calculations automatically. On top of that, Tickmill provides a VPS hosting for automated traders that can't be bothered with technical problems such as troublesome internet connection.
They offer several third-party research solutions, including Autochartist, which is a popular pattern-recognition software that uses automated technical analysis to make forecasts and generate trading signals. Autochartist is available both in Tickmill's web portal and as a platform plugin for MetaTrader 4.
As a Tickmill client, a trader can deposit and withdraw with a variety of payment methods, including Visa, Mastercard, bank transfer, and Skrill. Tickmill accepts deposits and withdrawals in 4 currencies, which include USD, EUR, GBP, and PLN.
Overall, Tickmill is a competitive broker in spreads and provides a safe trading environment with its regulated entities in three different jurisdictions. Although their trading platform is not outstanding, the analytical tools they present to equip traders' needs are considered by retail broker standards.
Conclusion
To sum it up, Tickmill's Welcome Account has at least three main benefits:
- It's completely free. You don't need to make any deposit to enjoy the $30 starting capital. The registration process is also really easy and fully online.
- There is no risk of losing money. Since you don't put any money in the account, you can trade without fear.
- You can keep the profits earned from the trade. This means it is a very good opportunity to earn additional income and try out the broker's features. Think of it as a demo account, but with real free money that you can use to make profits.
Overall, it's quite an interesting feature that not many brokers have. If used correctly, it can give a significant boost to your trading journey.
Tickmill is the brand name of Tickmill Ltd. which offers trading services with premium products and innovative technology. Superior trading conditions, ultra-fast execution, safety of client funds, and dedicated support are at the forefront of their offering.
20 Comments
Diogo
Feb 24 2023
I am a beginner here. Just curious about the welcome bonus starting at $30. I mean, is it enough to trade and is $30 really important for Forex trading, which can make your money safer when trading on Tickmill. And I also want to ask about the welcome bonus period. so all you have to do is send a request to TickMill i.e. if someone doesn't know about the welcome bonus, they won't get it after emailing customer support. What about the trading terms provided by TickMill. Is it good for beginners and which account can I choose if I am just a beginner who wants to trade with TickMill. THANK YOU! Hope you can help me answer it!
Ferran
Feb 24 2023
Diogo: If you calculate with Forex Margin, $30 can actually be a good amount to trade, but with some conditions like high leverage and micro lot volume, this is all Mandatory elements are also provided by Tickmill.
The minimum deposit offered by Tickmill is 100 USD with leverage 1: 500 is very high leverage, Tickmill also offers trading volume starting with 0.01 lots (micro lots). All these conditions can definitely get a trader $30 to trade and keep, with a deposit of $100 or your total of $130; this is said to be very enough for trading. And also, the power buying of $30 will be like $1,500
Leah
Feb 24 2023
I do think abouot the welcome bonuses that TickMill offered. Although, for me, the welcome bonuses that Tickmill offered is very little money to get, but I thhnk it is worth it to get since it is free without hidden fee. My question is there any tips to use the deposit bonus? Because based on the article, the bonuses will be dissapeared withn 60 days. SO, what is the best steps to maximum the trading, because with add more funds, we as the trader will be feel very helpfull and yet, we can get the profit and the profit is 100% for the trader
Andrew
Feb 24 2023
Leah: Yes, the Tickmill welcome bonus is worth getting as you don't need to pay any fees to get it. This is basically the best product offered by Tickmill and why wouldn't we want free coins right??
But I am a bit disappointed that the deposit bonus can be waived or has a 60 day time limit. I mean, I can accept if the welcome bonus is not withdrawable. But since you gave everyone $30 for free, why would you need to withdraw your bonus?
So the best way to maximize the bonus, we have to create a demo account and test our strategy just like we normally trade forex. and don't think of a bonus as just a bonus to convert so you don't get bogged down
Leah
Feb 24 2023
Andrew:Thank you for the answer. i do think about how about I do the demo account before accepting the bonus. It seems, for now, I think I will follow your step since the bonuses it self for now, the tickmill has not change the term and condition also the bonus that they offered. I dont know why, but all the twelcome bnonuses broker that regulated from ASIC offered very limited bonuses.
Fernando
Jul 15 2023
@Andrew: hello, sorry there's is something that i don't understand it say that the maximum withdrawable amount from the welcome account is $100, what if i make $500 profit on the welcome account? Does it mean i will only withdraw $100?where does the rest go to?
Carlos
Mar 17 2023
The welcome bonuses on Tickmill seem very easy to get. All you have to do is sign up and you will receive the bonuses. After that, you can trade for 60 days. However, according to the article, in order to claim the bonuses, you need to open a real account and deposit $30, which will be transferred to your real account. There are no restrictions on using the bonuses, such as disallowing withdrawals. In my conclusion, you just need to hold onto the bonuses and trade with them for 60 days. After that, the rest of the bonuses will be yours. While this offer is enticing, I am curious about the safety of trading with Tickmill and the regulatory bodies that oversee them.
Tuchel
Mar 17 2023
So, about your question on Tickmill's safety and regulation, they're actually a Forex and CFD broker that's regulated by a few different bodies like the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Seychelles Financial Services Authority (FSA). These guys make sure that Tickmill plays by the rules and takes good care of their clients' funds. Plus, Tickmill has something called a negative balance protection policy, which helps protect you from losing more money than you actually have in your account.
You can consider trading with Tickmill to be very safe since the FCA in the UK is considered to be a strong regulatory body.
Carlos
Mar 17 2023
Is it...? thanks for the info. I think Tickmill bonuses struggle a lot because they don't like other bonuses from other brokers that require you to open a real account first. can be billed. And it's a burden for me. This means that to open a real account, you have to make a deposit there as well. With Tickmill, on the other hand, you only receive bonuses first and register a real account later. No more rushing to relax and trade. So I think it's only fair to claim the Tickmill welcome bonus!
Moh. Hasni
Mar 17 2023
You need to be extremely careful about the conditions of the Tickmill bonuses. The maximum amount you can withdraw is only $100, so if you make a profit exceeding that amount, you won't be able to withdraw the excess because the terms state that you can only withdraw once. Additionally, the terms of the welcome bonuses have a time limit of maximum 60 days and maximum profit of $100. Any profits exceeding that amount will not be credited.
Despite the conditions not being too harsh, as a beginner, I'm hesitant about the welcome bonuses. I'm unsure if it's really beginner-friendly and whether the beginner can use the $30 bonus as real trading exercise. Would it be better to start with a demo account first and then move to a real account later?
Johny Rianto
Mar 17 2023
In my opinion, it's better for a beginner to start trading with a demo account first, regardless of any bonuses available. Even though bonuses may be offered without requiring personal funds, it's still real money, so it's best to start with a demo account to practice trading strategies and get a feel for the market without risking any actual funds. Once you feel confident with your strategy, you can use the bonuses to trade with a real account, which will provide a more realistic trading experience and help you learn how to manage emotions and handle risk.
Therefore, it's best to leave the bonuses aside for now and focus on using a demo account. This way, you won't risk losing the bonuses that you've received for free. Good luck!
Shohel Akthen
Apr 18 2023
@Moh. Hasni:As a beginner, it's important to take a cautious approach when it comes to trading bonuses, including Tickmill's welcome bonuses. While these bonuses may seem attractive, it's important to read and fully understand the terms and conditions before accepting them. In terms of using the bonus as real trading exercise, it's important to keep in mind that the bonus amount is not your own money and cannot be withdrawn until you meet certain trading volume requirements. This means that you will need to trade a certain amount before you can withdraw any profits made from the bonus. While this can provide some valuable trading experience, it's important to make sure you have a solid trading plan in place and understand the risks involved. Starting with a demo account can be a good way to practice trading strategies and get comfortable with the trading platform before moving on to a live account. This can also allow you to test out different trading approaches without risking any real money. Once you feel confident with your trading abilities and have a solid trading plan in place, you can then consider moving on to a live account with or without the use of a bonus.
Ashif Akber
Apr 18 2023
What are the potential risks and benefits of using Tickmill's USD30 Welcome Bonus as a beginner trader, and is it a worthwhile opportunity to take advantage of? While the bonus provides an opportunity to start trading with no initial investment, the conditions of the bonus such as the maximum withdrawal limit and time limit for trading may not be suitable for all traders. Additionally, there is a risk of developing a gambling mindset if the bonus is used solely for speculative trading without proper risk management strategies in place. On the other hand, the bonus can be a valuable tool for gaining practical trading experience and developing trading skills in a live trading environment. Ultimately, as a beginner, it may be beneficial to carefully consider the risks and benefits of using the Tickmill USD30 Welcome Bonus and weigh it against other options such as starting with a demo account to gain experience before trading with real money.
Todds
Jun 2 2023
@Ashif Akber: I absolutely agree! The Tickmill USD30 Welcome Bonus may seem tempting, especially for beginner traders like us. They're offering some extra cash to kickstart your trading journey. But hold up, there are a few risks to consider:
First off, let's talk about the terms and conditions. Yeah, I know, it's not the most exciting thing to read, but it's crucial. They might have all these rules like trading a certain volume or meeting profit targets before you can withdraw any winnings. It can be a real hassle, and you gotta make sure you're okay with those conditions.
Another thing to keep in mind is the limited account flexibility. Some brokers put restrictions on your account when you're using bonus funds. It's like they're saying, "Hey, you can have this bonus, but you can't trade with full freedom." They might limit your leverage or restrict access to certain trading options. It's a bit of a bummer, right?
Now, let's talk about the psychological impact. I think this things you need to watch! Trading with bonus money can mess with your mindset. Since it's not your hard-earned cash, you might be tempted to take bigger risks or make riskier trades. It's like playing with the casino's money. But here's my opinion: Stay disciplined, my friend. Don't let the bonus cloud your judgment. Stick to responsible trading and make smart decisions.
Eden
May 19 2023
Tickmill's Welcome Account sounds like quite a unique offer! It's specifically designed for new clients from non-restricted countries who want to open a live brokerage account. With the Welcome Account, traders can get access to Tickmill's trading environment and receive a free $30 deposit. This money can be used for trading, and any profits made can be directly withdrawn to the live trading account. It essentially allows traders to experience risk-free trading without having to make an initial deposit.
Now, my question is, considering the benefits of the Welcome Account, do you think it's worth taking advantage of this opportunity? I'm curious to know your insights on whether this offer is beneficial for new traders looking to explore Tickmill's platform. Thank you for sharing your thoughts!
Gray
May 24 2023
@Eden: In my opinion, for newbie traders who want to get some hands-on experience with Tickmill's platform, the Welcome Account is a pretty sweet deal. You can test out different strategies, practice managing your risks, and get a taste of what it's like to trade with real money, all without putting your own cash on the line.
But hold your horses, my friend! Remember that the Welcome Account is just one piece of the puzzle when it comes to choosing a broker. You gotta consider other important factors too, like the broker's reputation, trading conditions, customer support, and whether they play by the rules and regulations. And good news is the Tickmill qualified all of that, my friend!
So, do your homework and dig deep before you make a decision. You wanna make an informed choice that fits your own style, goals, and how much risk you're willing to take.
The Welcome Account can definitely be a golden opportunity for those starting out with Tickmill, but just remember to keep your eyes open and do your due diligence. Happy trading!
Poilin
Jun 13 2023
Hey, I stumbled upon something intriguing called the Welcome Account, and it got me thinking. So, apparently, this account is only meant for introductory purposes and not for the long haul. They activate it for a mere 60 days after you open it, and once that time's up, they put a halt to your trading adventures. How unfortunate, right? Anyways, I've been pondering about the best trading style that would really make the most out of this Welcome Account within its limited lifespan. Like, how can traders effectively utilize this account and squeeze out all the potential gains within those 60 days before they shut it down? Are there any specific strategies, techniques, or even risk management approaches that would work well in such a time-constrained scenario? I'm eager to hear your insights and experiences on this matter.
Lonard
Jun 24 2023
@Poilin: Hey mate! So, you've come across the Welcome Account, huh? It's a bit of a bummer that they shut it down after just 60 days, but hey, let's make the most out of that limited time, shall we? Now, when it comes to squeezing out all the potential gains within those 60 days, there are a few strategies you can consider.
First off, think about focusing on shorter-term trading styles like day trading or scalping. These methods aim to catch quick price movements and make some moolah in a shorter time frame. Just keep in mind that they require sharp analysis and fast decision-making skills.
Now, when you're dealing with a time crunch, risk management becomes even more crucial. Make sure to define your risk tolerance and set those stop-loss levels to protect your hard-earned cash. It might be a good idea to go for smaller position sizes to limit your exposure, and don't forget to diversify your trades to spread out the risk.
Keep an eye out for market volatility, mate. Look for those juicy opportunities when the market gets all riled up. Volatile markets can offer more chances to make some serious dough. Stay in the loop with market news, economic events, and technical analysis indicators to spot potential volatility and make smart trading moves.
And here's a pro tip: use this time with the Welcome Account to learn, learn, and learn some more. Gain practical trading experience, mate. Learn from both your wins and losses. Take a good look at your trades, figure out what worked and what didn't, and adjust your strategies accordingly.
Erwin
Jul 11 2023
Hey there! So, I came across this really interesting offer from Tickmill called the Welcome Account. It sounds like a fantastic opportunity to try out their trading environment without any deposit. But here's the thing: do you know if I need to go through any KYC process to get started? I mean, it would be great to jump right into risk-free trading without having to deal with a bunch of verification procedures, right? If you have any insights on whether they require identity verification or any personal information, I'd really appreciate it. I'm just excited to get my hands on that $30 deposit bonus and start trading. Thanks!
Rashford
Jul 12 2023
@Erwin: Hey! The Tickmill Welcome Account is indeed an enticing offer for exploring their trading environment without making a deposit. As for the KYC (Know Your Customer) process, Tickmill may require identity verification and personal information before you can access the Welcome Account. While it would be awesome to jump straight into risk-free trading, brokers typically have regulatory obligations to ensure the safety and security of their clients' funds and prevent fraud. KYC procedures help fulfill these requirements.
To get more specific details about Tickmill's KYC process for the Welcome Account, I recommend visiting their official website or contacting their customer support. They can provide you with the exact information you need, including what documents or steps are involved in the verification process. It's always better to have a clear understanding of the requirements before diving in. Happy trading with that $30 deposit bonus once you get started!