Tickmill Minimum Deposit: How Much Do You Need to Start?

Tickmill's minimum deposit is $100, and that figure applies across its three live accounts, Classic, Raw, and TradingView Raw. It's a fairly accessible entry point compared to brokers that set their tightest-spread account behind a much higher minimum.

If you're still deciding whether Tickmill's the right broker for you overall, TopAsiaFX put together a Tickmill review that covers the regulation and fee side in more detail.

Does Tickmill Charge You to Deposit?

No, not on Tickmill's end. Deposits are free regardless of method. That said, your bank or e-wallet provider might apply its own charge, and if you're depositing in a currency that doesn't match your account's base currency, a conversion fee can quietly get added on top.

How Long Does Funding Take?

It depends on the method. Cards and e-wallets like Skrill and Neteller are typically instant. Bank wire transfers take longer, generally one to three business days, sometimes stretching to a week depending on your bank and location.

If you're funding by wire and sending $5,000 or more in a single transaction, Tickmill will actually reimburse your bank's transfer fees, up to $100, if you send over a bank statement showing the charge.

What Currencies Can You Use?

Tickmill processes deposits and withdrawals in USD, EUR, GBP, ZAR, PLN, and CHF, though which of these are available to you depends on your regulatory entity.

Depositing in a currency outside this list means your bank or payment provider handles the conversion, usually with a markup, so it's worth matching your deposit currency to your account's base currency wherever possible.

Withdrawals Work a Bit Differently Than You'd Expect

There's a detail that trips a lot of people up: you can't withdraw directly from your trading account. Funds need to move from your Trading Account into your Tickmill Wallet first, then from the Wallet to your bank or payment method.

It only takes a few seconds, but skipping it means your withdrawal request won't go through. Withdrawals also have to return through the same method you used to deposit, at least up to the amount you originally deposited.

If you deposited $100 by card and earned $1,000 in profit, withdrawing $1,000 sends $100 back to your card and the remaining $900 through your chosen alternative method. Third-party payments aren't accepted either, funds can only move to accounts registered in your own name.

How Fast Are Withdrawals?

Tickmill processes withdrawal requests on its end within one business day. After that, the timeline depends on your method: e-wallets usually land within 24 hours, card withdrawals can take up to about eight working days because of how card networks process refunds, and bank wires are the slowest, generally three to seven working days.

The Minimum Withdrawal

You'll need at least $25 to withdraw, regardless of the method. There's no internal fee from Tickmill for withdrawing either, though your bank or e-wallet provider may still apply one on their side.

A Detail Worth Knowing: Inactivity and Idle Funds

Some reviewers note that Tickmill applies a $10 quarterly inactivity fee if an account sits completely unused for 12 consecutive months, though this isn't consistently mentioned across all of Tickmill's own materials, so it's worth confirming directly with support if this matters to you.

On the flip side, Tickmill also pays interest on unused funds sitting in USD, EUR, or GBP wallets, which is a detail most brokers don't offer at all.

Is There a Sign-Up Bonus?

Tickmill has offered a $30 no-deposit welcome bonus for traders outside the EU, UK, and Australia, where such promotions are more tightly regulated. It's not guaranteed to be running at all times, so it's worth checking current promotions on Tickmill's site rather than assuming it's always available.

A Few Tips Before You Deposit

• Match your deposit currency to your account's base currency wherever possible. It's an easy way to avoid a conversion fee that has nothing to do with Tickmill itself.
• If you're wiring $5,000 or more, keep your bank statement showing the transfer fee. Tickmill's reimbursement policy only kicks in if you actually submit that proof afterward.
• Remember to move funds from your Trading Account to your Wallet before requesting a withdrawal. It's a quick step, but forgetting it is one of the most common reasons withdrawal requests stall.
• Plan your withdrawal method around your deposit method from the start. Since profits above your deposited amount can go elsewhere, but the original amount can't, it's worth thinking ahead if you'd rather receive funds through a specific channel.
• Choose e-wallets over card withdrawals if speed matters to you. The gap between an e-wallet's 24-hour turnaround and a card's potential eight-day wait is significant if you need funds quickly.