The minimum deposit amount required to register a Tickmill live trading account is $100 USD. This minimum deposit is equivalent to R 1600.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
| ? Accounts | ? Classic Account | ? Raw Account |
| ? Minimum Deposit | $100 | – |
| ? Minimum Account Balance | $100 | $100 |
| ? Open an Account | ? Click Here | ? Click Here |
Tickmill Minimum Deposit – 3 Key Point Quick Overview
- ✔️ Step-by-Step Guide: How to open a Tickmill account.
- ✔️ Tickmill Deposit and Withdrawal options.
- ✔️ Tickmill Pros and Cons
Step by Step Guide – How to open a Tickmill account
1. Step 1 – Navigate to the Tickmill landing page and click on the green create account button.
2. Step 2 – Complete the Online registration form in order to create a Tickmill Live trading Account.
3. Step 3 – Clients will be required to provide proof of identity.
Once all steps have been successfully completed, a confirmation email will be received and the Tickmill account can now be funded and trading can commence.
Tickmill Deposit and Withdrawal options.
Tickmill enables traders to manage their funds effectively by providing a range of secure, instant, and easy-to-use deposit and withdrawal options.
| ? Method | ? Bank Transfer | ? Visa | ? Skrill |
| ? Currencies | USD , EUR , GBP, ZAR | USD , EUR , GBP, ZAR | USD , EUR , GBP, ZAR |
| ? Min. Deposit | 100 | 100 | 100 |
| ? Min Withdrawal | 25 | 25 | 25 |
| ? Commission on deposit | None | None | None |
| ? Commission on withdrawal | None | None | None |
| ⏱ Processing time on Deposit | Within 1 Working Day | Instant | Instant |
| ⏰ Processing time on Withdrawal | Within 1 Working Day | Within 1 Working Day | Within 1 Working Day |
Tickmill Pros and Cons
| ✔️Pros | ❌Cons |
| Low spreads for active traders | Limited asset selection |
| Multi-jurisdiction regulation | No cryptocurrencies |
| Excellent education and research data | No US clients |
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Frequently Asked Questions
How does the minimum deposit for Tickmill compare to similar brokers?
The Tickmill minimum deposit is higher when compared to with that of similar brokers such as Oanda, who has no minimum deposit requirement and the $50 / R868 ZAR requirement of FXCM
Does Tickmill accept ZAR as a deposit currency?
No, Tickmill does not accept ZAR as a deposit currency. Deposit currencies accepted by Tickmill are USD, EUR, PLN, and GBP.
Is the minimum deposit the same across all the Tickmill account types?
Yes, both the Raw and Classic account requires a minimum deposit of $100 / R1900 ZAR
What are the conditions for making deposits to Tickmill?
Conditions include no accepting of third-party payment, only payment methods in the trader’s own name will be accepted. Tickmill reserves the right to require proof of ownership of the payment method used and upon failure to do so, payments will be frozen or refunded. The broker reserves the right to apply penalty processing fees should a 3rd party payment be made.
What are the different deposit methods for Tickmill?
Tickmill offers the following deposit and withdrawal methods:
- Visa/Master Card
- Skrill
- Neteller
- SticPay
- Bank Wire Transfer
- FasaPay
- Union Pay
- Webmoney
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