Learn how to replenish a Tickmill account
Minimum deposits at Tickmill
Tickmill clients can use three methods to top up their trading accounts such as MasterCard and Visa bank cards, electronic payment systems, and bank transfers.
| Tickmill | XM Group | Admiral Markets | |
| Minimum deposit | $100 | $5 | $1 |
Such a minimum deposit at Tickmill may not please some novice traders, hence they may prefer to cooperate with Tickmill’s rivals. Tickmill users can test a new strategy or try their luck in trading on a demo account, but the company does not provide a real cent (micro) account. Thus, after practicing on a virtual account, a trader is forced to immediately switch to a dollar account, and therefore risk a more impressive amount of capital.
Funding methods and fees
If you top up your trading account using any of the suggested methods, the Tickmill broker won’t charge you a fee. Moreover, the company compensates you for the transfer fee of up to $100 set by payment systems. The trader only needs to contact the support team. Clients of the company can top up the account using the following methods:
-
● Bank card
VISA
Mastercard
-
● Bank transfer
-
● Electronic payment systems
Neteller
Skrill
Webmoney
Sticpay
You can compare the methods of funding your account at Tickmill and its main competitors using the table below.
| Tickmill | XM Group | Admiral Markets | |
| Bank transfer | Yes | Yes | Yes |
| Electronic money | Yes | Yes | Yes |
| Bank card | Yes | No | Yes |
| Payment terminals | No | No | No |
The funds will be deposited to the trading account within one business day, regardless of the payment system you chose. Tickmill compensates its clients for the fee charged by payment systems if its amount is $100 or less. Also, compensation is provided for traders who top up the account for $5,000 and more in a single transaction. The processing time of payments in the company is longer than that of its competitors, and this does not allow a trader to increase his capital if an urgent need arises.
| Payment system | Fee |
| Visa/MasterCard bank cards | No fee |
| Electronic payment systems | No fee |
| Bank transfer | No fee |
Most Forex brokers offer clients a faster speed to credit funds to a trading account. For example, electronic systems allow instantaneous transactions, and in this regard, Tickmill is inferior to its competitors.
Know more than others,
earn more than others!
Register with the IAFT to be able to receive additional payments from us when working with Tickmill and to keep abreast of all the news of the Forex market.
Tickmill’s top-up currencies
The Tickmill broker allows you to top up your account using three available currencies: euro, US dollar, or British pound. Also, depending on the country of residence, clients can deposit funds in other currencies.
| Tickmill | XM Group | Admiral Markets | |
| EUR | Yes | Yes | Yes |
| USD | Yes | Yes | Yes |
| GBP | No | Yes | Yes |
| Bitcoin | Yes | No | No |
| Litecoin | No | No | No |
Tickmill top-up reviews
If I’m getting used to conditions, then the account replenishment is all Greek to me. Actually, how can electronic systems process payments all day long? I almost lost the margin call, because I had to deposit a couple of hundred to the account, and the funds had not been credited yet. And I replenished it in advance! If I had not replenished it then I would have lost a lot of promising deals. So here it will be normal only for those who are used to keeping a decent amount on the account, otherwise, there is no way.
The broker is not bad, but they should offer cent accounts. It’s not convenient to be forced to deal with dollar accounts from the get-go because it won’t bring you money. The demo is good, but I would still like to start with a cent account because the risks are fewer. There were no specific problems with the enrollment itself. My payment was processed at a mile a minute. In general, this broker is worth your attention.
In comparison with other brokers, Tickmill is off the charts. There are several methods of replenishment, they are credited at the appointed time, and you will get your money on the account within the day, so don’t worry. And the fee is compensated, which is also fantabulous.
I used to believe that here you can safely test a variety of trading strategies without any special restrictions. I even paid $100 with no regrets. Cent accounts? There’s no way in hell!. Test your strategies on a regular account, no matter if there are more risks. But there is no mobile trading, and no round-the-clock communication with support. Also, there is an interesting nuance in the compensation of fees, for example, it may not be charged if you were not very active for 7 days. I have never seen such strange conditions for replenishment, so I will try to trade on Admiral’s platform because it’s a silver lining for me.
Tickmill compensates the fee for the replenishment. To do this, you must reach out to the support service and provide screenshots. There is no instant crediting of funds, but the money will be on the account within a day. The methods of replenishment are average, but the bank transfer is processed as quickly as a flash.
If you want to start working with the Tickmill broker, we suggest going to the broker's official website:
FAQs regarding Tickmill funding
What is the minimum deposit at Tickmill?
The minimum amount that a trader must deposit to start working with this broker is $100 for Pro and Classic accounts. For VIP account users, the amount on their balance must be at least $50,000.
What types of accounts can I open with Tickmill?
Three types of accounts are available to traders such as Classic, Pro, and VIP, all of which differ in the size of the minimum deposit or balance, as well as the spread and commission. Trading assets, leverage, and other conditions on the accounts are the same. Any of these types of accounts can be optimized for practitioners of Islam by activating the swap-free mode.
Is it possible to open a demo account?
Yes. The broker provides clients with this opportunity. The demo account is fully consistent with real trading conditions and has no time limits for use, but please note that it must be activated within 7 days.
How to open an account with this broker?
To open an account, go to the Tickmill website using the Traders Union referral link and go through the registration procedure. This method of opening an account gives the advantage of returning a part of the spread from Traders Union for each executed trade, regardless of its success. Please note that during registration, the user is required to verify the account using his passport data, which somewhat slows down the process of opening an account.
Team that worked on the article
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.