How To Make Money On Tickmill: Full Guide

Top ideas on how to make money on Tickmill

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While there are several ways to make money on Tickmill, some are rather straightforward, and new traders can start making money through these opportunities. Below are some of the top ways to make money on the Tickmill trading platform.

Forex trading

You can make money on Tickmill by trading currency pairs, although this might be complex considering the rigorous analysis and research it requires. However, considering the potential profits, Forex trading could be worth the stress since Tickmill provides several resources to make currency trading interesting and less complicated.

You can trade with a standard spread of 0.0 pip on majors, traders can choose from over 60 currency pairs and trade with leverage up to 1:500. The deposit and withdrawal options available to you are numerous and completely free. Top trading platforms, such as the well-known MT4 and MT5 platforms, are available to traders. WebTrader is another platform that traders can use, and it offers a dependable and user-friendly interface. With just a single click, traders can open and close deals and manage risk well, and should you face any difficulty, customer support is on standby to assist you.

Copy experienced traders

Tickmill integrates features that make it easier to make money when trading even the most complicated assets. As the broker offers three services— MyFxBook, auto trading with flexible signal copying, Pelican Trading, simplified copy trading for novice traders, and classic MQL5 for MT4 and MT5 —you can copy the trades of profitable traders on the Tickmill trading platform.

Currency, stock, and commodity trading require a top strategy if the trader plans to make money trading these instruments. A copy trading service can help traders who find it intimidating to set aside time to study and analyze the Forex market. Traders can make money trading with the strategies of other experts. So what happens in copy trading is that traders copy the trades of experts who have experience in Forex and stock trading.

Investing in 500+ CFDs on stocks 

Another way to make money on Tickmill is by investing in CFDs on stocks. Although, you need a very large selection of stock CFDs if you want to profit from stock CFD trading. With more than 500 of these kinds of assets available, Tickmill is among the largest CFD pools among reputable brokers for securities.

With Tickmill, you can trade CFDs on stocks (Nvidia stock, Apple stock, Google stock, Tesla stock etc.) and profit from market movement without actually owning the underlying asset. With up to 1:20 leverage, Tickmill provides low-spread, high-leverage CFD stocks and commodities. With an average execution speed of 0.20 seconds, trading stocks on Tickmill entails no commissions. You can trade a variety of individual stocks of well-known companies, such as Apple, Amazon, Goldman Sachs, Nike, and McDonald's, long or short.

Affiliate Program

You can make money on Tickmill when you partner with the broker through the affiliate program. By referring clients to the Tickmill broker, individuals and companies can receive commissions through the Tickmill Partnership Program. You can be guaranteed to receive a supplementary monthly bonus of up to $5,000 with uncapped commissions.

The partnership program offers two main commission structures: the Affiliate and Introducing Broker (IB) programs. Partners in the IB program are eligible to receive commissions on the trading activity of clients they have referred. With this program, traders can receive $2 for a pro-account partnership and $10 per lot on a classic account. Partners can receive a commission through the affiliate program based on how many customers they refer to Tickmill Broker.

Bonuses

You can make money off the bonuses available on the Tickmill trading platform. While bonuses are incentives this broker might be using to attract new users and glue active users to the trading platform, they can also provide a means for traders to make money.

Tickmill provides new traders with a $30 welcome bonus, and they can trade with the bonus money and withdraw their profits. 

Tickmill restricts its bonus offer to traders in nations where it is authorized to conduct business. Additional limitations might apply to some bonuses and promotions. For example, traders in the following countries cannot use the $30 Welcome Account: Australia, Brazil, Hong Kong, Norway, Switzerland, Taiwan, the USA, Venezuela, South Africa, Egypt, etc.

Promotions and contests

Tickmill occasionally runs different bonuses, competitions, and promotions. Tickmill contests are inherently competitive, with traders vying for the best trading record for a cash price. The Tickmill demo contest is a competition where traders demonstrate their trading abilities in a risk-free trading environment.

The competition is available to traders worldwide, and traders with the highest account equity receive real cash prizes at the end of each round. Another promotion that traders can make money from is the Trader of the Month promotion. With this promotion, Tickmill gives away a $1,000 prize every month to the best trader. Tickmill uses several criteria, such as monthly profits, skill in managing risk and taking calculated risks, and trader performance, to determine which traders are the best.

What is the minimum deposit on Tickmill?

The minimum deposit on Tickmill is $100, and the broker processes deposit and withdrawal requests instantly. Deposits are instant or could take a few minutes to an hour, but withdrawals are expected to get into the trader's account between 24 and 48 hours.

Is it possible to earn an extra $1,000 per month on Tickmill?

Earning an extra $1,000 per month is certainly possible, but it depends on your skills, qualifications, and the specific opportunities available to you. Below are some of the methods or strategies traders can integrate to make up to $1000 monthly.

• Trade with leverage: Leverage trading is one approach for traders to open positions with a higher return on investment. If successful, continuous trading with leverage can pay off handsomely each month for the trader. But there is a chance that the same opportunities that could yield huge profits could also result in losses.

• Partnership program: The brokerage's affiliate program allows you to increase your monthly payment. Since the trader receives commissions each time a client uses those links to register for an account, make a deposit, and engage in active trading with Tickmill, there is very little risk involved.

• Copy trading: Because the trading strategies you copy are from experts, it is obvious why copy trading can inspire a trader to earn up to $1,000. Even though adopting the strategies of experts does not ensure success, it does raise the chances of success, and some traders trading with well-funded accounts end up profitable over $1,000. Remember, deals could go south, and you would lose your money, so invest with caution and integrate top risk management strategies.

How to Choose the Best Way to Make Money on Tickmill

The optimal trading strategy for each trader should be based on their time horizon, investment inclinations, and financial capabilities. You should evaluate the investment options on Tickmill, find out how much they will cost, and calculate how long it will take to finish the required tasks before making any decisions. Every investment opportunity has pros and cons or risks and rewards, so study the finer points of each one carefully.

You should study financial markets and develop trading strategies if you wish to trade or invest in stocks, commodities, foreign exchange, or other assets. After completing the free trading course, you should use a demo account to practice what you may have learned from the courses.

Before you commit to live trading, try out your ideas and strategies virtually with a demo trading account. Consider your tolerance for risk before investing and your financial situation (how much you can set aside for investment). Ensure the money you are investing in the trading industry is not cash that will break down your finances if lost.

Your personality and time availability should determine which trading style — day, swing, or long-term investing — you choose if you plan to trade stocks or currency pairs. When using leverage, exercise caution and employ careful risk management techniques because leverage can increase gains and losses.

Does Tickmill pay out profits?

Yes. Tickmill is a reliable broker regulated by the FCA, CySec, FSA, and LFSA. These trustworthy investing platforms pay out profits to clients through a variety of safe, effective, and practical deposit and withdrawal options. This broker guarantees that traders will receive their withdrawals as soon as possible after placing an order because it is among the best-ranked Forex brokers. Though some options are only available to nationals of particular nations, when you request a withdrawal from your client area, it will be processed in the base currency of your wallet.