Tickmill Withdrawal Guide
A Meta Trader broker that has gained popularity over the years, Tickmill has become a go-to platform for investors from all walks of life. Nevertheless, as with all of these trading platforms, it can be challenging to understand how the withdrawal process works. This is because each platform has its own set of rules and regulations for withdrawal. Failing to learn them can result in being subjected to hidden fees or waiting longer than expected to receive your funds.
Luckily, the rules for withdrawing on the Tickmill platform are relatively straightforward when compared to other comparable platforms.
That said, the following is a closer look at the withdrawal regulations on Tickmill.
Tickmill Withdrawal Methods, Speed, and Fees
When it comes to dealing with trader brokers, there are plenty of things to consider. Generally speaking, Tickmill has a goal of allowing its customers to quickly and easily execute deposits and withdrawals on their own schedules. All withdrawals are processed within one business day. Here is a chart outlining the types of payments accepted, the speed it takes to process the payments, and the speed at which they will be processed.
| Method | Speed | Fee | |
|---|---|---|---|
| Bank cards | Yes | 1 Business day | None |
| Wire transfer | Yes | 1 Business day | None |
| Payment services | Yes, Skrill, Neteller, Sticpay, Fasapay, UnionPay, WebMoney | 1 Business day | None |
| Crypto | Yes, BTC, ETH or USDT | 1 Business day | None |
How to Withdraw Money From Tickmill
Here is a list of the steps to take to make a withdrawal from Tickmill:
Log In: The first step is to log in to your Tickmill account. To do so, you can simply navigate to the Tickmill website, click ‘login,’ and enter your credentials to gain access to the space.
Initiate the Withdrawal: Next, select 'Withdrawal' or 'Withdraw funds' from the menu. To do so, navigate to the withdrawal/deposit menu and make the appropriate selection.
Choose Your Method: After that, you will select the withdrawal method. If you have more than one option in terms of payment methods to withdraw the funds, you must then choose the appropriate account. Once you decide which account you want to withdraw the funds to, you can begin the withdrawal process.
Choose the Withdrawal Amount: Next, you will need to enter the amount to be withdrawn. Keep in mind that you don’t have to withdraw all of your funds. Additionally, you may add a comment if needed. If so, simply type in a short description in the comment field.
Submit Your Request: Lastly, you simply submit the request and wait for the funds to be transferred. However, you may also want to keep an eye on your emails and notifications. If there is an issue with a withdrawal, someone from the Tickmill team will reach out and try to resolve the issue.
What is Tickmill Minimum Withdrawal Amount?
Tickmill has a minimum withdrawal amount of $25. Therefore, those who have balances that fall under this amount must bring it up before they can make a withdrawal. Otherwise, the funds will have to remain in the account until you meet the minimum.
What are Tickmill WIthdrawal Currencies?
If you are wondering which currencies are accepted on Tickmill, they are as follows:
USD
EUR
GBP
IDR
CNY
FAQ
Does Tickmill offer Future or Cash CFDs?
Yes, Tickmill does offer Cash CFDs. They enable investors to trade with a continuous price with no expiration date. The price for Cash CFDs is taken from the underlying futures contracts.
How is Tickmill Regulated?
Tickmill is a trading name of Tickmill Ltd, which is regulated by the Seychelles Financial Services Authority (FSA). Tickmill is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom of Tickmill Europe Ltd. It is also authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).
What are the benefits of trading with Tickmill?
The benefits of working with the Tickmill platform are that they can provide users with low spreads. These spreads start from 0.0 pips and have an average speedy execution speed of 0.15 seconds. Additionally, when it comes to withdrawals, Neteller, Skrill, FasaPay, UnionPay, and credit card deposits are processed instantly. Moreover, the withdrawals are processed within one working day. Also, Tickmill has no restrictions on trading and no requotes– the platforms allow hedging, scalping, arbitrage, EAs, and algorithms.
Are funds protected on Tickmill?
Tickmill Ltd is regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA). As such, their internal systems are in compliance with the FSA regulations, which means that your funds are held in segregated accounts to protect your assets.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
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.