What Is The Minimum Deposit & Withdrawal For TickMill?

TickMill is regulated by major financial authorities like the FCA (UK), CySEC (Cyprus), and FSA (Seychelles). That means your funds are kept in segregated accounts, separate from the company’s own money. So that means your money is safe.

Now, you don’t need to deposit a huge amount to start trading. TickMill's minimum deposit is $100. This broker doesn’t make you go all in from day one. You can start small and scale up as you gain confidence.

But yes, it still depends on the type of account you are using. Let’s talk about it.

Minimum Deposit For Account Types

The minimum deposit for TickMill is $100 to open a live trading account. And if you are referring to VIP accounts, then it requires a $50,000 minimum balance. There's also a Futures account (UK only) that requires $1,000 minimum. You can start with whatever amount you want.

And if you're brand new, It even offers a Welcome Account with a free TickMill $30 bonus. You can trade with that $30. But you can’t withdraw or transfer it. It’s meant purely to test the waters.

Also Check: Is TickMill Legal in India?

If you're worried, you can use just the bonus one to run a test trade. Once you get used to it you can just trade like an expert.

TickMill Deposit Methods

TickMill gives you 4 ways to fund your account, depending on what’s most convenient for you. You can deposit using:

• Bank transfers
• Credit/debit cards (Visa & Mastercard)
• E-wallets
• Cryptocurrencies

One thing to keep in mind, Tickmill only processes payments in USD, EUR, GBP, ZAR, PLN, and CHF.

If you deposit in a different currency, your bank will convert it automatically, and you might get hit with conversion fees. To avoid this, try to match your deposit currency with your account's base currency.

They don’t charge any deposit fees. However, please note that your bank or payment provider may. Cause every method has a different time period for receiving money.

For example:

Compare: Exness Minimum Deposit Amount

Here's a tip most traders don't know: If you deposit $5,000 or more via bank transfer, Tickmill will reimburse your bank fees up to $100. Just send them a copy of your bank statement showing the fees within one calendar month, and they'll credit it back to your account.

TickMill Minimum Withdrawal

Enough with the talk about giving money. Let’s talk about the taking out money.

The minimum withdrawal at TickMill is $25, regardless of the method used, including bank transfer, card, Skrill, Neteller, or PayPal.

Tickmill processes all withdrawal requests within one working day from their end. But how fast you actually get your money depends on the method you choose.

E-wallets like Skrill and Neteller are usually instant to 24 hours. Card withdrawals can take up to 8 working days because of card network processing. Bank transfers are the slowest at 3-7 working days. So if you need your money fast, stick with e-wallets.

They don’t charge any withdrawal fees on their side, which is great. However, depending on your payment provider, you may still see a small fee appear. So, it’s worth double-checking before you hit 'withdraw'.

One thing that confused me at first that you can't withdraw directly from your trading account. You first have to transfer funds from your Trading Account to your Tickmill Wallet, then withdraw from the Wallet.

It takes just seconds, but if you skip this step, your withdrawal won't go through.

If you're switching brokers: Withdraw Money from TradersWay Online.

TickMill Withdrawal Problem

Yes, so even with this well-known broker, I face some issues. It’s been smooth. But I did run into a few withdrawal hiccups that caught me off guard.

At first, everything seemed fine. But then…

• One withdrawal took longer than expected. It was a bank transfer, and I didn’t realize it could take up to 7 business days.
• Another time, my withdrawal got rejected.
• I tried withdrawing via Skrill even though I had deposited using a card. TickMill requires the same method for both, so the request was declined until I fixed it.
• One withdrawal showed as “processed” but didn’t reach my account.

Most of the problems weren’t serious, but they were frustrating until I figured out what was actually going on. After verifying my account, using the same payment method I had deposited with, and allowing bank transfers a few extra days.

I haven’t had any major issues since.

If you’re dealing with a delay, don’t panic. Please double-check everything on your end, and then reach out to their support if the issue persists. They’re pretty responsive.

Read this too: Is TradersWay a Good Broker?

Conclusion

So, that’s the lowdown on TickMill’s deposit. If you’re just starting out or want to try your hand without big risks, the bonus and micro-lots make it easy to jump in. Just remember to follow the steps for withdrawing profits and trade smart. You’ve got this!

Tickmill has a strict policy for anti-money laundering reasons. If you deposited $500 via card, your first $500 in withdrawals must go back to that same card. Only profits above your deposit amount can go to a different method. This tripped me up at first, so plan your deposit method carefully.

Broker to compare: TickMill Full Review

FAQs

How to claim $30 on TickMill?

You can claim a $30 Welcome Bonus by signing up for a Welcome Account on TickMill’s Promotions page. The bonus is free to trade but cannot be withdrawn.

What is the minimum lot size for TickMill?

The minimum lot size on TickMill is 0.01 lots, which is a micro-lot. This lets you start trading with small positions and manage your risk comfortably. The maximum lot size per trade can go up to 100 lots.