Tickmill No Deposit Bonus Guide, Covering Payment Steps, Fees, Timing, and Forex Account Risks

A complete guide to the Tickmill no deposit bonus – learn about the $30 Welcome Account, trading volume requirements, profit withdrawal rules, fees, timing, and the risks of forex trading.

📖 Contents

What Is a No Deposit Bonus?

A no deposit bonus is a promotional offer provided by forex brokers to attract new clients. As the name suggests, you can receive bonus funds without making any initial deposit into your trading account. This type of bonus allows traders to start trading in the live market using the broker's money, giving them a risk-free opportunity to test the broker's platform, execution speed, and trading conditions.

No deposit bonuses are particularly popular among beginner traders who want to experience live trading without risking their own capital. However, these bonuses come with specific terms and conditions that must be met before any profits can be withdrawn. Understanding these rules is essential to avoid disappointment and to use the bonus effectively.

📌 Key point: A no deposit bonus is not free money that you can simply withdraw. It is trading credit that allows you to trade in the live market. Only profits generated from trading with the bonus can be withdrawn, and only after you have met the broker's trading volume requirements.

Tickmill No Deposit Bonus Overview

Tickmill offers a $30 Welcome Account to new clients, which functions as a no-deposit bonus.[reference:0][reference:1] This is a special offer that allows new traders to experience trading with Tickmill without any financial risk.[reference:2] The $30 bonus is credited to a dedicated Welcome Account, which has trading conditions identical to the live Pro account type.[reference:3]

The bonus can be used for trading on over 80 instruments, including forex, indices, commodities, and more.[reference:4] The Welcome Account is available for trading for 60 days from the day of opening.[reference:5][reference:6] Once the 60-day trading period has passed, trading will be disabled, but the account will remain accessible for an additional 14 days to claim any earned profit.[reference:7][reference:8]

It is important to note that the no deposit bonus is not available in all countries. Tickmill has restricted the offer for clients from certain jurisdictions, including the European Union, the United States, Australia, and several other countries.[reference:9][reference:10][reference:11] Traders should check the official Tickmill website or contact customer support to confirm whether they are eligible for the Welcome Account.

Tickmill is a well-regulated broker. Tickmill UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) in the UK (Register Number: 717270).[reference:12] Tickmill Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) (License Number: 278/15).[reference:13] The broker is also regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.[reference:14] This multi-regulatory framework provides a strong layer of investor protection, including client fund segregation and negative balance protection for retail clients.

Feature Details
Bonus Amount $30 USD
Account Type Welcome Account (Pro account trading conditions)
Eligibility New clients only (excluding EU, USA, Australia, and other restricted countries)
Bonus Validity 60 days for trading, plus 14 days to claim profits
Trading Volume Requirement 5 standard lots
Withdrawable Profit Range Minimum $30, Maximum $100

Source: Tickmill official promotions and third-party broker reviews[reference:15][reference:16][reference:17].

How to Claim the Bonus

Claiming the Tickmill no deposit bonus is a straightforward process. Follow the checklist below to ensure you complete all the required steps.

  • Visit the official Tickmill website – Navigate to the Tickmill promotions page or the Welcome Account registration page.
  • Complete the registration form – Provide your personal details, including name, email address, phone number, and country of residence.
  • Verify your identity – Submit the required identification documents (passport or ID) and proof of address to complete the KYC (Know Your Customer) process.
  • Wait for the bonus to be credited – Once your account is approved and verified, the $30 bonus will be automatically added to your Welcome Account.
  • Download and log in to the platform – Download MetaTrader 4 or MetaTrader 5 and log in with your Welcome Account credentials.
  • Start trading – Use the $30 bonus to trade on over 80 instruments available on the platform.

The bonus must be claimed within 14 business days from the date of registration.[reference:18] The offer is limited to one account per client, and each client can open only one Welcome Account.[reference:19][reference:20]

📌 Tip: Complete your identity verification as soon as possible to avoid delays in receiving the bonus. Tickmill may require additional documentation depending on your country of residence.

📌 Scenario: A new trader from South Africa registers for the Tickmill Welcome Account, completes the KYC verification within two days, and receives the $30 bonus in their account. They then start trading on the MT5 platform, exploring the broker's trading conditions without risking any of their own money.

Trading Volume Requirements

The most critical condition attached to the Tickmill no deposit bonus is the trading volume requirement. To withdraw any profits generated from the bonus, you must trade a specified number of lots within the bonus period.

Standard Volume Requirement

To withdraw profits from the Welcome Account, you must trade at least 5 standard lots during the 60-day trading period.[reference:21][reference:22][reference:23] One standard lot is equal to 100,000 units of the base currency. This means you need to trade a total volume of 5 standard lots across any instruments available on your Welcome Account.

What Counts Toward the Volume?

⚠️ Important: Trading 5 standard lots in 60 days is a significant volume for many traders. If you are a beginner or a low-frequency trader, you may find it challenging to meet this requirement. Always assess whether you can realistically achieve the required volume before claiming the bonus.

📌 Scenario: A trader claims the $30 no deposit bonus and trades 0.5 lots per day on the EUR/USD pair. Over 10 days, they accumulate 5 lots in total volume and meet the requirement. They are then eligible to withdraw profits from their Welcome Account. However, if they only trade 0.1 lots per day, they would only reach 3 lots in 60 days and would not meet the requirement.

Profit Withdrawal Rules

Understanding the profit withdrawal rules is essential before you start trading with the no deposit bonus. The key rules are as follows:

Bonus Itself Is Not Withdrawable

The $30 bonus credit itself is not cash and cannot be withdrawn. It is provided as trading credit to allow you to trade in the live market.[reference:24] Only the profits generated from trading with the bonus are eligible for withdrawal.

Minimum and Maximum Withdrawable Profit

There is both a minimum and a maximum limit on the amount of profit you can withdraw from the no deposit bonus:

Volume Requirement Must Be Met

Before you can withdraw any profits, you must first meet the trading volume requirement of 5 standard lots within the 60-day trading period. If you attempt to withdraw before meeting the requirement, the withdrawal will be denied.

Deposit Requirement for Withdrawal

To withdraw your profits from the Welcome Account, you must register a live trading account with Tickmill and make a minimum deposit of $100 into that account.[reference:30][reference:31] This is effectively a requirement to convert your Welcome Account into a full live account before you can access your profits.

Withdrawal Process

Once you have met the volume requirement, made the $100 deposit, and verified your account, you can request a withdrawal of your profits (between $30 and $100) to your Tickmill wallet. The profits can then be transferred to your bank account or e-wallet.[reference:32]

📌 Tip: The $100 deposit requirement means that while the bonus itself is "no deposit," you will need to deposit $100 to access your profits. This is an important factor to consider before claiming the bonus.

Fees and Timing

When trading with a no deposit bonus, it is important to be aware of the fees and timing involved in deposits, withdrawals, and trading.

Deposit and Withdrawal Fees

Tickmill generally does not charge fees for deposits or withdrawals.[reference:33] However, your bank or payment provider may apply their own charges for international transactions.[reference:34] The minimum deposit to open a Classic or Raw account with Tickmill is $100.[reference:35]

Processing Times

Trading Costs

When trading with the bonus, you will incur the same trading costs as on a standard live Pro account. This includes spreads and swap fees (overnight financing charges). Tickmill offers competitive spreads on the Pro account, but spreads can widen during periods of high volatility, which may affect your profitability when trading with a limited bonus amount.

💳 Deposit Methods

  • Credit/Debit Cards: Visa, MasterCard
  • E-wallets: Skrill, Neteller, FasaPay
  • Bank Transfers: Wire Transfer
  • Local Methods: UnionPay, etc.

💰 Withdrawal Methods

  • Same as deposit methods – withdrawals typically processed via the same method used for deposit.
  • Processing time: E-wallets: 1 business day; Cards: 1 business day; Bank transfers: 2-7 business days.
  • Fees: No fees from Tickmill, but payment providers may charge.

Common Mistakes with No Deposit Bonuses

  • ❌ Assuming the bonus is free money: Many traders mistakenly believe they can withdraw the bonus immediately. The bonus is trading credit, not withdrawable cash.
  • ❌ Not reading the terms and conditions: Failing to understand the volume requirement, time limit, and withdrawal limits is one of the most common mistakes.
  • ❌ Underestimating the volume requirement: Trading 5 standard lots in 60 days is a significant volume for many traders. Beginners often underestimate how much trading is required.
  • ❌ Not understanding the $100 deposit requirement: Many traders are surprised to learn they need to deposit $100 to withdraw their profits from the Welcome Account.
  • ❌ Trading without a strategy: Some traders treat the bonus as "play money" and trade recklessly, which often leads to losing the bonus quickly.
  • ❌ Ignoring the time limit: The bonus is available for trading for 60 days. If you do not meet the volume requirement within this period, you forfeit the bonus and any profits.
  • ❌ Not verifying the account properly: Failing to complete the full KYC verification can delay or prevent the bonus from being credited and profits from being withdrawn.
  • ❌ Overlooking swap fees: Holding positions overnight incurs swap fees, which can eat into your profits, especially when trading with a small bonus.

📌 Scenario: A trader claims the $30 no deposit bonus, makes $50 in profits within a week, and requests a withdrawal. The withdrawal is denied because they have not met the 5-lot volume requirement. They then trade aggressively to meet the volume, but end up losing most of the bonus and profits. By understanding the rules upfront, they could have planned their trading more effectively.

Risk Warning for Bonus Traders

⚠️ Forex and CFD trading carries substantial risk

Tickmill offers leverage that can significantly amplify both profits and losses. Even when trading with a no deposit bonus, you are trading in the live market and are exposed to the same risks as any other trader.

Key risks to consider when trading with a no deposit bonus:

  • Leverage risk: High leverage can lead to rapid losses. A small adverse price movement can wipe out your bonus entirely.
  • Volatility risk: Forex, commodity, and crypto prices can be highly volatile, especially during economic news releases.
  • Time pressure: The 60-day time limit to meet the volume requirement can create psychological pressure, leading to impulsive and risky trading decisions.
  • Regulatory risk: Tickmill operates under multiple regulatory entities including FCA, CySEC, and FSA Seychelles. The level of client protection varies by entity. Clients under the FSA Seychelles entity may not have access to compensation schemes available under FCA or CySEC.
  • Counterparty risk: As with any broker, there is a risk of broker insolvency. Client fund segregation provides some protection, but it is not absolute.

The CFTC and IOSCO consistently warn that retail forex and CFD trading often results in losses. A no deposit bonus does not eliminate these risks – it simply provides trading credit without an initial deposit.

Never trade with money you cannot afford to lose. Even though you are not depositing your own funds, the profits you generate are real, and losses can deplete the bonus. Consider seeking independent financial advice if you are unsure about your risk tolerance. This article does not constitute personalised financial, legal, or tax advice.

Frequently Asked Questions

What is the Tickmill no deposit bonus?

The Tickmill no deposit bonus is a $30 Welcome Account offered to new clients. It provides $30 in trading credit without requiring an initial deposit, allowing traders to experience live trading without financial risk.[reference:40][reference:41]

How do I claim the Tickmill no deposit bonus?

Register a new account on the Tickmill website, complete the KYC verification process, and the $30 bonus will be credited to your Welcome Account automatically.[reference:42]

Can I withdraw the no deposit bonus?

No, the bonus itself is not withdrawable. Only profits generated from trading with the bonus can be withdrawn, and only after meeting the trading volume requirement.[reference:43]

What is the trading volume requirement for the bonus?

The requirement is 5 standard lots within 60 days from the day of opening the Welcome Account.[reference:44][reference:45][reference:46]

What is the minimum and maximum profit I can withdraw?

The minimum withdrawable profit is $30, and the maximum is $100.[reference:47][reference:48]

Do I need to deposit money to withdraw profits?

Yes, you must register a live trading account with Tickmill and make a minimum deposit of $100 to withdraw your profits from the Welcome Account.[reference:49][reference:50]

Is Tickmill regulated?

Yes, Tickmill is regulated by the FCA (UK, Register Number: 717270), CySEC (Cyprus, License Number: 278/15), and FSCA (South Africa).[reference:51]

How can I verify Tickmill's regulation?

You can verify Tickmill's regulation by checking the FCA register (717270), the CySEC register (278/15), or the FSCA register. Always confirm directly with the regulator.[reference:52]