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

A complete guide to the Tickmill no deposit bonus withdrawal conditions – understand the rules for withdrawing profits from the $30 Welcome Account, including trading volume requirements, profit limits, fees, and timing.

📖 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.

However, no deposit bonuses always come with specific withdrawal conditions that must be met before any profits can be withdrawn. Understanding these conditions is essential to avoid disappointment and to use the bonus effectively. The Tickmill no deposit bonus, in particular, has a set of clear rules regarding trading volume, profit limits, and deposit requirements.

📌 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 Only profits generated from trading with the bonus can be withdrawn, and only after you have met the broker's withdrawal conditions.

Tickmill Welcome Account Overview

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

The Welcome Account can be used for trading on over 80 instruments, including forex, indices, commodities, and more. It is available for trading for 60 days from the day of opening. 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.

The Welcome Account 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. Traders should check the official Tickmill website or contact customer support to confirm whether they are eligible.

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). Tickmill Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) (License Number: 278/15). The broker is also regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.

Withdrawal Conditions at a Glance

Before you start trading with the Tickmill no deposit bonus, it is essential to understand the withdrawal conditions. The table below summarises the key requirements.

Condition Requirement
Trading Volume 5 standard lots within 60 days
Minimum Profit to Withdraw $30
Maximum Profit to Withdraw $100
Deposit Required $100 (to convert Welcome Account to live account)
Withdrawal Fees No fees from Tickmill; payment providers may charge
Processing Time 1-5 business days (depending on method)
Bonus Validity 60 days for trading + 14 days to claim profits

Source: Tickmill official promotions and broker documentation.

Trading Volume Requirements

The most critical condition attached to the Tickmill no deposit bonus withdrawal 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.

Volume Requirement

To withdraw profits from the Welcome Account, you must trade at least 5 standard lots during the 60-day trading period. 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. 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.

📌 Tip: If you generate more than $100 in profit, you will only be able to withdraw the first $100. The excess profit is forfeited. Plan your trades accordingly to maximise your net benefit.

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. This is effectively a requirement to convert your Welcome Account into a full live account before you can access your profits.

Why Is a Deposit Required?

The $100 deposit requirement serves several purposes:

⚠️ Important: 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. Always ensure you have the capital available to make this deposit if you intend to withdraw your profits.

📌 Scenario: A trader generates $75 in profit from the Welcome Account and meets the 5-lot volume requirement. To withdraw this profit, they must deposit $100 into a new live account with Tickmill. Once deposited, they can withdraw the $75 profit to their preferred payment method.

Fees and Timing

When withdrawing profits from the Tickmill no deposit bonus, it is important to be aware of the fees and timing involved.

Withdrawal Fees

Tickmill generally does not charge fees for withdrawals. However, your payment provider may apply their own charges for international transactions. The minimum deposit to open a Classic or Raw account with Tickmill is $100, which is required to access your Welcome Account profits.

Processing Times

Withdrawal Methods

The withdrawal methods available for your Welcome Account profits are the same as for a standard live account:

📌 Tip: To avoid delays, ensure your account is fully verified (KYC) before requesting a withdrawal. Provide clear copies of your identification and proof of address documents.

Step-by-Step Withdrawal Process

Follow this practical checklist to withdraw your profits from the Tickmill no deposit bonus.

  • Meet the trading volume requirement: Ensure you have traded at least 5 standard lots within the 60-day trading period.
  • Check your profit: Confirm that your profit is between $30 and $100. If you have less than $30, you cannot withdraw.
  • Register a live account: Open a live trading account with Tickmill (if you haven't already).
  • Deposit $100: Make a minimum deposit of $100 into your live account using a supported payment method.
  • Contact support (if required): Some traders may need to contact Tickmill support to transfer the Welcome Account profits to their live account.
  • Request a withdrawal: In the client portal, navigate to the withdrawal section, select your preferred method, and enter the amount you wish to withdraw (up to $100).
  • Verify your account: Ensure your account is fully verified to avoid delays in processing.
  • Wait for processing: Withdrawals are typically processed within 1 business day for e-wallets and up to 7 days for bank transfers.

📌 Scenario: A trader generates $55 in profit from the Welcome Account, meets the 5-lot volume requirement, deposits $100 into a new live account, and requests a withdrawal via Skrill. The withdrawal is processed within 2 hours, and the trader receives their $55 profit.

Common Mistakes with Withdrawals

  • ❌ Assuming the bonus is withdrawable: Many traders mistakenly believe they can withdraw the $30 bonus itself. The bonus is trading credit, not withdrawable cash.
  • ❌ Not meeting the volume requirement: Requesting a withdrawal before completing the 5-lot volume requirement will result in a denial.
  • ❌ Not understanding the profit limits: Some traders are surprised that they can only withdraw between $30 and $100. Profits above $100 are forfeited.
  • ❌ Forgetting the $100 deposit requirement: Many traders are surprised to learn they need to deposit $100 to withdraw their profits from the Welcome Account.
  • ❌ Not verifying the account: Delays in KYC verification can cause withdrawal processing delays.
  • ❌ Overlooking processing times: Some traders expect instant withdrawals and are frustrated by bank transfer processing times.
  • ❌ Using an unsupported withdrawal method: Ensure your chosen withdrawal method is supported by Tickmill and matches your deposit method.

📌 Scenario: A trader generates $45 in profit from the Welcome Account and requests a withdrawal without meeting the 5-lot volume requirement. The withdrawal is denied, and they have to continue trading to meet the requirement before they can withdraw.

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.

Can I withdraw the $30 bonus itself?

No, the $30 bonus is not withdrawable. Only profits generated from trading with the bonus can be withdrawn, and only after meeting the trading volume requirement.

What is the trading volume requirement for withdrawal?

The requirement is 5 standard lots within 60 days from the day of opening the Welcome Account.

What is the minimum and maximum profit I can withdraw?

The minimum withdrawable profit is $30, and the maximum is $100. Profits above $100 are forfeited.

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.

How long does it take to withdraw profits?

Withdrawal processing times vary: e-wallets typically take 1 business day, credit/debit cards take 1-3 business days, and bank transfers take 2-7 business days.

Is Tickmill regulated?

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

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.