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
The Tickmill Group introduces a new standard in the provision of brokerage services. The focus on innovation is what the company is proud of and why traders choose it. The trading conditions of the broker are appreciated by scalpers and traders who use EAs because Tickmill provides minimal spreads. The Group has earned many awards among them “Best Forex Spreads” and “Best Forex Trading Experience” in 2022.
The Tickmill group of companies includes:
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Tickmill Europe Ltd regulated by the CySEC, 278/15 (Cyprus);
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Tickmill Ltd regulated by the FSA, SD008 (the Seychelles);
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Tickmill UK Ltd regulated by the FCA, 717270 (UK);
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Tickmill Asia Ltd regulated by the Labuan FSA, MB/18/0028 (Labuan, Malaysia);
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Tickmill South Africa (Pty) Ltd regulated by the FSCA, 49464 (SAR).
Before you register, see which of the group’s companies you are signing up with, as trading conditions depend on it.
| 💻 Trading platform: |
МТ4, МТ5, МТ4 Webtrader, and Tickmill Mobile App
|
| 📊 Accounts: |
Classic, Raw, Demo
|
| 💰 Account currency: |
Tickmill.EU - USD, EUR, PLN, CHF, GBP. Tickmill.com - USD, EUR, GBP.
|
| 💵 Replenishment / Withdrawal: |
Tickmill.EU - Bank Transfer, Visa, Mastercard, Skrill, Neteller, PayPal, Dotpay, Trustly. Tickmill.com - Bank Transfer, Visa, Mastercard, Skrill, Neteller, Webmoney, and cryptocurrency payments.
|
| 🚀 Minimum deposit: |
100 US dollars
|
| ⚖️ Leverage: |
Tickmill.EU - to 1:30/1:300. Tickmill.com - to 1:500
|
| 💼 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, and cryptocurrencies
|
| 💹 Margin Call / Stop Out: |
100% and 30%
|
| 🏛 Liquidity provider: |
No
|
| 📱 Mobile trading: |
Yes
|
| ➕ Affiliate program: |
Yes
|
| 📋 Orders execution: |
Market Еxecution
|
| ⭐ Trading features: |
Hedging; Scalping.
|
| 🎁 Contests and bonuses: |
No
|
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:
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Welcome Bonus. Traders can receive additional funds for registration and for making the first deposit.
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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 | RoboForex | Pocket Option | Exness | FreshForex | |
|---|---|---|---|---|---|
Trading platform |
MT4, MT5, Tickmill Mobile App |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
Pocket Option, MT5, MT4 |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
MT4, MobileTrading |
Min deposit |
$100 |
$10 |
$5 |
$10 |
No |
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
Trust management |
Yes |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
No |
No |
Spread |
From 0 points |
From 0 points |
From 1.2 point |
From 1 point |
From 0 points |
Level of margin call / stop out |
No |
No |
No |
No |
No |
Execution of orders |
Market Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
No deposit bonus |
$30 |
No |
No |
No |
$30 |
Cent accounts |
No |
Yes |
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.
The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.
Pocket Option offers a wide range of trading instruments and copy trading services. It constantly improves its service quality and expands the list of assets and trading platforms. The broker is suitable even for novice traders without significant capital due to the low initial deposit. Experienced traders who work with CFDs and binary options can also use Pocket Option’s services.
Exness broker is a trusted broker partner that is compliant with all relevant terms. Exness complies with all payment obligations and pays money earned.
FreshForex is a reliable Forex broker providing a standard set of trading tools. The company is a good option for traders of all levels, from beginner to professional traders. It is mid-range in terms of size and number of registered traders and they are reliable based on our research and analysis.
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 | RoboForex | Pocket Option | Exness | FreshForex |
|---|---|---|---|---|---|
Bonuses |
$30 welcome bonus |
Welcome bonus $30 Classic first deposit bonus up to 120% |
Welcome bonus 50% when opening a real account |
Not offered |
Bonus offers: +10% for each cryptocurrency deposit, stop-out insurance, 101% for drawdown, etc. Bonus programs are updated |
Affiliate Program |
Yes |
Up to 40% of trading commissions |
Two types of programs: partner and representative. Commission from profit - up to 80% |
40% of trading commissions |
Types of affiliate programs: organization of a training center, official representation, promotion of SMM. Reward - up to 20 USD for each referral's trading lot |
Other |
Trading contests |
No |
Tournaments with a minimum deposit of 1 USD and a prize pool of 100-250 USD. There are free tournaments |
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.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
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.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!