Tickmill Bonus Programs - TU Expert review
Bonus programs offered are an important factor for a trader when choosing a broker. The companies can make special offers for beginners as well as experienced traders. Bonus programs depend on a specific broker and they can differ substantially. Traders Union analysts have prepared a review of Tickmill bonus program. You will learn about the available special offers and conditions of the brokers.
Brief introduction of Tickmill
Tickmill is a reputable broker offering access to trading Forex, stock indices, commodities, bonds, and cryptocurrencies. Furthermore, the broker boasts an extensive selection of over 500 stock CFDs.
There are three account types: Classic Account with spreads from 1.6 pips and no commission, and two Raw Accounts with spreads from 0 pips and a commission from $3 per lot. All accounts require a minimum deposit of $100 and provide a maximum leverage of 1:1000.
The broker also provides a variety of useful tools, such as Acuity Trading, Signal Centre, and Capitalise.ai, which utilize AI to offer valuable market insights and trading signals.
Tickmill's regulation by the FCA and CySEC ensures the safety and security of client funds.
| 💻 Trading platform: |
МТ4, МТ5, Webtrader, Tickmill Trader, Webtrader
|
| 📊 Accounts: |
Classic, Raw, Demo, Tickmill Trader Raw
|
| 💰 Account currency: |
Tickmill.EU - USD, EUR, PLN, CHF, GBP. Tickmill.com - USD, EUR, GBP.
|
| 💵 Deposit / Withdrawal: |
Tickmill.EU - Bank Transfer, Visa, Mastercard, Skrill, Neteller, PayPal, Dotpay, Trustly. Tickmill.com - Bank Transfer, Visa, Mastercard, Skrill, Neteller, Webmoney, cryptocurrency payments, SticPay and FasaPay.
|
| 🚀 Minimum deposit: |
100 US dollars
|
| ⚖️ Leverage: |
Tickmill.EU - to 1:30/1:300. Tickmill.com - to 1:1000
|
| 💼 PAMM-accounts: |
No
|
| 📈️ Min Order: |
0.01 lot
|
| 💱 Spread: |
from 1.6 pips for the Classic account and from 0 pips for Raw account
|
| 🔧 Instruments: |
Instruments include currency pairs, commodities market assets, stock indices, stocks, bonds, cryptocurrencies and Capitalise.ai
|
| 💹 Margin Call / Stop Out: |
100% and 30%
|
| 🏛 Liquidity provider: |
No
|
| 📱 Mobile trading: |
Yes
|
| ➕ Affiliate program: |
Yes
|
| 📋 Order execution: |
Market Еxecution
|
| ⭐ Trading features: |
Hedging; Scalping.
|
| 🎁 Contests and bonuses: |
Yes
|
Tickmill Pros and Cons
👍 Advantages of trading with Tickmill:
•spreads from 0 pips;
•any strategy is allowed;
•protection against negative balance;
•mobile app trading platform.
👎 Disadvantages of Tickmill:
•the customer support works only 5 days a week from 7:00 to 16:00 GMT;
•relatively small choice of currency pairs;
•there is no cent account;
•there is no trust management;
What kind of bonuses are there?
Forex brokers can offer a wide variety of bonuses.
The main types of bonuses are:
-
Welcome Bonus. Traders can receive additional funds for registration and for making the first deposit.
-
No Deposit Bonus. Brokers provide this kind of reward to the clients for just registration.
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Deposit Bonus. This is a reward for each deposit made to the account.
Also, brokers may hold various promotions and prize draws that are valid for a specific period of time. In addition, some companies hold competitions among traders with a certain prize pool.
Promotions of the Broker
Bonus offers are only valid for clients of Tickmill.com subdivisions.
Trader of the month
This is a contest held by Tickmill Ltd (Seychelles) every month. The trader who gets the best result receives a reward of 1,000 US dollars.
Tickmill’s NFP machine.
Each week, Tickmill selects one instrument in the NFP and the trader's task is to guess its price on their MT4 platform. The lucky one who determines the exact amount will receive 500 US dollars to their trading account. If no one predicts the exact price, the participant with the closest prediction will receive the award. In this case, 200 US dollars will be accrued to the winner's trading account.
A $30 Welcome Account
Traders can open a live account with no quote delays and receive a $30 bonus. There is no need to make a deposit to receive the bonus, and you can withdraw profit from trading with the bonus.
Learn More about Tickmill Bonus and Programs
Brokers similar to Tickmill
In addition to bonuses, you need to also take into consideration trading conditions. Traders Union analysts have prepared a comparison of Tickmill with similar brokers. In this analysis, traders can learn in detail the trading conditions of Tickmill and compare these conditions with competing brokers.
Comparison of Tickmill with other Brokers
| Tickmill | Bybit | Eightcap | XM Group | Markets4you | |
|---|---|---|---|---|---|
Trading platform |
MT4, MT5, WebTrader, Tickmill Trader |
MetaTrader5 |
MT4, MT5, TradingView |
MT4, MT5, MobileTrading, XM App |
MT4, MobileTrading, MT5 |
Min deposit |
$100 |
No |
$100 |
$5 |
No |
Leverage |
From 1:1 |
From 1:1 |
From 1:30 |
From 1:1 |
From 1:10 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
No |
No |
Spread |
From 0 points |
From 0 points |
From 0 points |
From 0.8 points |
From 0.1 points |
Level of margin call / stop out |
No |
No |
No |
No |
No |
Execution of orders |
Market Execution |
Market Execution |
Market Execution |
Market Execution |
Market Execution, Instant Execution |
No deposit bonus |
$30 |
No |
No |
No |
No |
Cent accounts |
No |
No |
No |
No |
Yes |
Tickmill is a suitable broker for both professional traders and novices. The company is good for robotic trading as well as for short-term strategies.
Overall. Bybit offers seamless Forex integration with crypto infrastructure, automatic leverage allocation, and MT5 support with Expert Advisors. The platform is suitable for users familiar with trading basics, as well as beginners and algorithmic traders.
Eightcap has favorable working conditions due to a large choice of instruments, tight spreads, high leverage, and no withdrawal fees. Integration with popular trading platforms and basic deposit/withdrawal options greatly facilitates work with the broker and reduces the entry threshold. In addition to comfortable conditions and low financial costs, traders get free educational materials and special services for technical analysis. A relative disadvantage is the absence of opportunities for passive income. Also, the broker works only with CFDs, so other groups of trading instruments are not available.
XM Broker is a broker for professional trading. Trading conditions correspond to the average market; there are technical advantages that distinguish XM Broker from its competitors.
Forex4you (Markets4you) is an all-in-one broker for active and passive trading, rates well for both novice traders and professional level traders.
Forex4you has been rebranded to Markets4you!
Comparison of bonus programs of brokers similar to Tickmill
Many brokers have bonus programs, not only Tickmill. You can choose the most suitable option, depending on your trading experience and needs. Traders Union analysts have prepared a comparison of bonus programs of Tickmill and similar companies.
| Bonus type | Tickmill | Bybit | Eightcap | XM Group | Markets4you |
|---|---|---|---|---|---|
Bonuses |
$30 welcome bonus |
No |
If you are a new client of Eightcap and you fund your new live trading account with them within 10 days of your account being opened then you are eligible to earn up to a $1,000 trading credit bonus which you can also convert into real equity at a rate of $1 for every standard FX lot when you trade; $30 No-deposit bonus |
up to $5000 forex bonus, up to 100% forex deposit bonus |
No |
Affiliate Program |
Yes |
No |
You can refer your followers and customers to earn passive income, with rebates up to $6 USD per lot and CPAs up to $900 USD |
Multi tier affiliate program |
No |
Other |
Trading contests |
No |
No |
No |
No |
Conclusions
Tickmill Bonus program is well developed. The broker offers a large number of various incentives for the clients. There are special offers for beginners and for experienced traders. The bonus program looks attractive also when compared to the competitors. Therefore, if a client is looking for a broker with a good bonus program, Tickmill is certainly a broker to consider.
FAQs
What do I need to take notice of when choosing a broker?
When choosing a broker, consider the conditions the broker offers. They may turn out to be unacceptable. Also assess the size of the bonus and the rules for its withdrawal.
Is it possible to withdraw bonus money?
It depends on the conditions of the broker. Some brokers allow traders to do it under certain conditions, and some allow to use the bonus only for trading, while also allowing to withdraw only profit earned with the use of bonuses.
Can I refuse to accept a bonus?
Yes. Refusing a bonus is a trader’s right. If the conditions are unacceptable for you, there is no sense in agreeing to them.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.