Tickmill Cashback Rebates

Overall, Tickmill offers a forex and metals cashback of up to $0.25 on the VIP Account and $0.50 on the Pro Account. However, traders could earn up to $2 per lot on forex and metals trades on the Classic Account, according to Tickmill.

Tickmill Cashback Rebates – 40 Key Point Quick Overview

1. ☑️ Tickmill Rebates Summary
2. ☑️ How to Open a Forex Cashback Account with Tickmill (via SAShares)
3. ☑️ Understanding Forex Trading Rebates and How They Work with Tickmill
4. ☑️ The Benefits of Forex Trading Rebates with Tickmill
5. ☑️ Key Factors to Consider When Evaluating Tickmill’s Forex Trading Rebate Program
6. ☑️ Number of Traders Participating in Tickmill Cashback Rebates and Real-Life Examples
7. ☑️ Tickmill’s Forex Trading Rebates Empowering Retail Traders for Success
8. ☑️ Tickmill vs. Notable Other Brokers – Forex Rebate Comparison
9. ☑️ Number of Traders participating in Tickmill Cashback Rebates
10. ☑️ Detailed Summary of Tickmill
11. ☑️ Geolocation of Traders
12. ☑️ Advantages that Tickmill has over Competitors
13. ☑️ Who will Benefit from Trading with Tickmill?
14. ☑️ How to Maximize Your Savings with Forex Trading Rebates at Tickmill
15. ☑️ Tickmill Regulation and Safety of Funds
16. ☑️ Tickmill Awards and Recognition
17. ☑️ Tickmill Account Types and Features
18. ☑️ How to open an Account with Tickmill
19. ☑️ Tickmill Trading Platforms
20. ☑️ Which Markets Can You Trade with Tickmill?
21. ☑️ Tickmill Trading and Non-Trading Fees
22. ☑️ Calculating Forex Trading Rebates with Tickmill
23. ☑️ Tickmill Deposits and Withdrawals
24. ☑️ Tickmill Education and Research
25. ☑️ Tickmill Bonuses and Current Promotions
26. ☑️ How to open an Affiliate Account with Tickmill
27. ☑️ Tickmill Customer Support
28. ☑️ Tickmill Corporate Social Responsibility
29. ☑️ Legal and Tax Implications – Understanding Forex Trading Rebates with Tickmill
30. ☑️ Risks and Limitations of Forex Trading Rebates at Tickmill
31. ☑️ Strategies to Maximize Rebates with Tickmill
32. ☑️ Tickmill Alternatives
33. ☑️ Tickmill VPS Review
34. ☑️ Tickmill Web Traffic Report
35. ☑️ Tickmill vs. Other Notable Brokers
36. ☑️ Tickmill Pros and Cons
37. ☑️ Tickmill Customer Reviews
38. ☑️ Recommendation for Improving Tickmill Cashback Rebates
39. ☑️ Our Verdict on Tickmill
40. ☑️ Tickmill Frequently Asked Questions

Tickmill Rebates Summary

• ✅ Tickmill has an overall rating of 4.8 / 5
• ✅ Tickmill has a Real Customer Rating of 4.8 / 5

Tickmill Cashback Forex Conditions

• ✅ To qualify for the cashback rebates, clients must meet certain thresholds of trading volume in forex trading each calendar month. The trading volume requirements are as follows:
• ✅ Tier 1 – 0 to 1,000 lots = $0.25 in rebates per lot traded.
• ✅ Tier 2 – 1,001 to 3,000 lots = $0.50 in rebates per lot traded.
• ✅ Tier 3 – 3,000 and more = $0.75 per lot traded.
• ✅ Rebates are not available for customer accounts held with entities representing Cyprus (CySEC), South Africa (FSCA), or Labuan (FSA). For this reason, residents of South Africa who wish to participate in the SA Shares rebate program will need to create an account with the Tickmill Seychelles entity.

Traders can participate in the rebates program by opening a new live MT4 trading account and depositing at least one hundred dollars to start trading.

Tickmill Additional Notes on Cashback Rebates

• ✅ Those eligible for Tickmill rebates can expect that payments will be credited and paid automatically to a corresponding account every 12^th day of the month for rebates gathered during the first and last day of the previous month.

Once Tickmill pays its eligible partners, partners will distribute commissions to their clients according to their trading accounts, trading volumes, and financial instruments.

How to Open a Forex Cashback Account with Tickmill (via SAShares)

You can follow these steps to register for a Forex Cashback Account with Tickmill via SAShares.

For New Accounts

If you do not have an existing account with Tickmill, you can easily obtain a cashback rebate in three easy steps.

✅ Step 1:  Visit the Tickmill Website

Visit the Tickmill website and click “Open New Account.”

✅ Step 2:  Submit a Trading ID

Submit your Trading ID to us: [SAShares]

For Example:

To: [SAShares]

Subject: New Tickmill Rebate Application

“Dear SAShares Team,

Please view my Tickmill Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

✅ Step 3: Wait for Approval

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the Tickmill system.

For Existing Accounts

If you have an existing Tickmill account, you can get a cashback rebate by following these easy steps.

✅ Step 1: Contact Tickmill Via email

Send an email to Tickmill: [email protected].  Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

For Example:

To: [SAShares]

Subject: Account Transfer Request

“Dear Tickmill Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

✅ Step 2: Create an Additional Account

Once you receive confirmation of the transfer from Tickmill, you can create an additional trading account.

✅ Step 3:  Contact SAShares

Lastly, you can send your Trading or Client ID to [SAShares].

For Example:

To: [SAShares]

Subject: New Tickmill Rebate Application

“Dear SAShares Team,

Please view my Tickmill Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

Understanding Forex Trading Rebates and How They Work with Tickmill

Forex trading rebates are an incentive offered by brokers such as Tickmill to traders. These rebates function as a cashback mechanism, rewarding traders for each trade they execute. Here is a detailed explanation of how these rebates work, especially in the context of Tickmill’s offering.

✅ Tickmill’s Rebate Structure

Tickmill has designed its rebates to be simple and tiered based on the type of account a trader has:

• ✅ Classic Account: Traders receive $2 per traded lot.
• ✅ Pro Account: Traders receive $0.50 per traded lot.
• ✅ VIP Account: Traders receive $0.25 per traded lot.

✅ Eligibility and Activation

To be eligible for the rebates, traders must:

• ✅ Create a new MT4 or MT5 Rebate Competition account in Tickmill’s Client Area.
• ✅ Make a minimum deposit of $200 or the equivalent in other accepted currencies.
• ✅ Only trade the following instruments: FX, Gold (XAUUSD), and Silver (XAGUSD).

✅ Calculation of Rebates

The volume of lots traded determines the rebates. For example, if a Classic Account trader trades 7.5 lots, they will receive a $15 rebate ($2 x 7.5 lots).

✅ Monthly Pay-outs

Rebates are credited monthly if the total rebate is at least $1. If the total rebate is less than $1, that month has no payout.

✅ Maximum Earnings and Monitoring

A trader’s rebate earnings are limited to $5,000 during the promotion period. Tickmill’s Client Area includes a leaderboard where participants can track their progress.

✅ Withdrawal of Rebates

Tickmill cash rebates can be withdrawn without restriction, providing traders with additional liquidity.

✅ Impact on Trading Strategy

The rebate system can influence A trader’s strategy, which encourages them to trade more frequently to maximize their rebate potential. However, traders must maintain a disciplined approach and not let the possibility of rebates lead to overtrading or taking unnecessary risks.

Is there a limit to how much I can earn in rebates with Tickmill?

Yes, during the campaign period, Tickmill has set a maximum rebate cap of $5,000 per participant.

Are Tickmill’s forex trading rebates available to all traders?

Yes, Tickmill offers rebates to both new and existing clients who meet the eligibility requirements and trade during the promotional period.

The Benefits of Forex Trading Rebates with Tickmill

The Benefits of Forex Trading Rebates with Tickmill include:

• ✅ Rebates are credited monthly, ensuring a consistent bonus to the trader’s account that can be used for additional trading or withdrawn as profit.
• ✅ The rebate program is accessible to traders with smaller capital bases due to the eligibility requirement of a minimum deposit of $200 or equivalent.
• ✅ Tickmill’s services include advanced trading platforms MT4 and MT5, outfitted with superior trading tools and indicators to help traders make informed decisions.
• ✅ Tickmill’s tiered rebate structure caters to various types of traders, from beginners to professionals, with varying rebate amounts based on the account type, making it more accessible to a wider range of clients.
• ✅ The promotion allows traders to earn rebates on a wide range of high-liquidity markets by trading in popular instruments such as FX, Gold, and Silver.
• ✅ The ability to withdraw cash rebates in full and without restrictions gives traders the flexibility to manage their finances and rewards effectively.
• ✅ Tickmill’s rebate promotion is time-limited, creating a sense of urgency and an incentive for traders to take advantage of the offer while it is still available.
• ✅ The rebate program is supported by Tickmill’s regulatory framework, which provides participants with a secure and regulated trading environment.
• ✅ Tickmill encourages traders to use their full suite of trading resources by offering rebates, potentially leading to better trading outcomes and customer satisfaction.

and much, MUCH more!

Can Tickmill’s forex trading rebates improve my trading strategy?

While rebates do not directly influence strategy, they can improve it by effectively lowering transaction costs.

Do Tickmill’s forex trading rebates provide a competitive edge?

Yes, rebates can provide a competitive advantage by allowing traders to reinvest the extra funds in their trading activities.

Key Factors to Consider When Evaluating Tickmill’s Forex Trading Rebate Program

• ✅Assess Tickmill’s regulatory environment and how it protects your interests as a trader participating in the rebate program.
• ✅ Consider current market conditions and how they may impact the trading of instruments eligible for rebates during the promotional period.
• ✅ Consider the opportunity cost of committing to Tickmill’s rebate program versus the offers of other brokers, ensuring that the program is competitive and aligns with your overall trading goals.
• ✅ Take note of the monthly rebate pay-out system and how this frequency aligns with your cash flow requirements and financial planning.
• ✅ There is a $5,000 rebate cap. Determine whether your expected trading volume will approach this limit and how this will affect your rebate potential.
• ✅ The ability to withdraw rebates without restrictions is a significant benefit. Think about how this adaptability affects your trading and financial strategies.
• ✅ Remember that rebates are only available for trading specific instruments (FX, Gold, and Silver). Check that these instruments are compatible with your trading interests and expertise.
• ✅ Consider the minimum deposit requirement of $200 or equivalent and whether it fits within your budget and trading strategy.
• ✅ As the rebate program requires, ensure you are comfortable trading on the MT4 or MT5 platforms.
• ✅ Read through the rebate program’s terms and conditions to ensure you understand the rules, including any policies on trade sizes, trade duration, and other details that may affect rebate eligibility.
• ✅ The program is only available from August 1st, 2024, to June 28th, 2024. Plan your trading activity to maximize your profits within this timeframe.
• ✅ To avoid disqualification, ensure that you meet all eligibility criteria, such as the requirement to open a new MT4/MT5 Rebate account through the Client Area.
• ✅ Examine the rebate amounts available for different account types (Classic, Pro, and VIP) and how they correspond to your trading volume. Due to the cumulative effect, higher-volume traders may benefit more from accounts with lower per-lot rebates.
• ✅ Consider whether earning rebates may inadvertently encourage you to overtrade or deviate from your trading strategy.
• ✅ Consider the value of additional features such as the Signal Centre and how these tools can help you make trading decisions in addition to the rebate program.

How important is the trading volume when considering Tickmill’s rebates?

Trading volume is critical because Tickmill’s rebates are based on volume, with higher volumes resulting in higher potential rebate earnings.

Are there any trade restrictions I should know about with Tickmill’s rebate program?

Yes, Tickmill’s rebate program is limited to FX, Gold, and silver trades, and you should keep this in mind when choosing your trading instruments.

Number of Traders Participating in Tickmill Cashback Rebates and Real-Life Examples

While Tickmill does not publish how many traders participate in its rebates, we can use the information on the program to provide a few examples of the program in action.

✅ Example 1: Day Trader

Elene is a day trader who prefers to trade major currency pairs. She opens a Tickmill Classic Account and deposits $1,000. Elene trades 50 lots over a month. Tickmill’s rebate program pays her $2 for each traded lot.

Elene receives a $100 rebate (50 lots x $2 per lot) at the end of the month, which is credited to her account. This rebate not only provides her with additional capital to reinvest or withdraw, but it also lowers her overall trading costs.

✅ Example 2: Professional Trader

Due to her higher trading volume, Kim, a professional trader, chooses a Pro Account. She makes a $5,000 deposit and focuses on trading Gold (XAUUSD).

She trades 200 lots in a particularly busy month. Kim receives a $100 rebate (200 lots x $0.50 per lot) with the Pro Account rebate of $0.50 per traded lot. This rebate is a performance bonus that compensates her for her trading activity.

✅ Example 3: High-Net-Worth Trader

Amir is a high-net-worth individual who trades in large volumes and prefers the VIP Account because of the lower spreads.

In a month, he trades 500 lots of Silver (XAGUSD). With a VIP Account rebate of $0.25 per traded lot, Amir’s monthly rebate is $125 (500 lots x $0.25 per lot). While the per-lot rebate is lower, his high volume of trades ensures that he receives a sizable rebate.

Tickmill’s Forex Trading Rebates Empowering Retail Traders for Success

✅ Facilitating Growth and Learning

Tickmill’s rebate program is a valuable resource for traders looking to grow and learn. Rebates act as a financial buffer, allowing traders to experiment with new strategies and learn from their mistakes.

With less financial pressure, traders can experiment with different approaches and gain valuable insights without fear of incurring high costs that will deplete their capital. This shortens the learning curve and leads to more informed and profitable trading strategies.

✅ Encouraging Volume Trading

Tickmill’s rebate program encourages traders to increase their trading volume. The more active traders trade, the more rebates they earn. This gives experienced traders an incentive to increase their trading volume.

The additional cashback from rebates is a significant motivator to trade in larger volumes, which can lead to higher potential returns.

✅ Mitigating Risks

Tickmill’s rebate program is a practical remedy to mitigate the prospective hazards linked with financial trading. The provision of rebates presents traders with an avenue to diminish some of their losses from deals and safeguard themselves against market turbulence or unforeseen plan missteps.

These rebates play a crucial role in managing risks, especially when faced with sudden alterations in market conditions, as they offer support that bolsters traders’ resilience while dealing with challenges head-on.

✅ Providing Competitive Edge

Every advantage counts in a fiercely competitive Forex market. Tickmill’s rebate program gives traders a competitive advantage by lowering the cost per trade. This allows traders to enter positions they might otherwise avoid due to cost concerns.

Furthermore, it allows them to hold positions for longer periods without the pressure of accumulating trading costs, which reduces potential profits. This broadens the range of trading opportunities and allows traders to make more strategic trading decisions for success.

✅ Rewarding Loyalty

Tickmill’s rebate program is designed to reward loyal traders. Tickmill incentivizes traders to continue trading on their platform by offering rebates over a set promotional period.

Tickmill and its traders benefit from this loyalty reward because it fosters a strong and mutually beneficial relationship. Traders benefit from rebate earnings as a token of appreciation for their continued business, resulting in a positive partnership.

✅ Enhancing Trading Margins

Tickmill’s rebate program is intended to boost traders’ margins by providing a return on every trade. This is especially useful in financial trading, where profit margins can be razor-thin due to tight spreads and fierce competition.

The rebates essentially function as a discount on trading costs, which can accumulate over time and potentially boost overall trading profitability.

✅ Supporting Trader’s Cash Flow

Tickmill’s rebate program ensures traders maintain a healthy cash flow. Providing consistent funds back into the trader’s account facilitates the financial flexibility needed to capitalize on opportunities or easily navigate market fluctuations.

Through these rebates, money can be deployed towards new trades or withdrawn as income, making it particularly vital for traders who rely on trading as their primary source of income.

Tickmill vs. Notable Other Brokers – Forex Rebate Comparison

To view Tickmill’s comprehensive Forex Rebate Program, we compared Forex rebates with other notable brokers using the rebate ECN, VIP, or Professional Forex Rebate Accounts.

Number of Traders participating in Tickmill Cashback Rebates

Tickmill has more than 300,000 registered clients. However, there is no indication of how many participate in the rebate program.

Detailed Summary of Tickmill

Geolocation of Traders

Most of Tickmill’s market share is concentrated in these areas:

• ✅ Poland – 13.52%
• ✅ Vietnam – 9.63%
• ✅ Malaysia – 6.91%
• ✅ Egypt – 5.14%

Tickmill’s Current Expansion Focus

• ✅ Tickmill is focused on expanding across Africa, Europe, and Southeast Asia.

Countries not accepted by Tickmill

• ✅ Tickmill indicates on the official website that clients from the United States are not accepted.

Popularity among traders who choose Tickmill

Tickmill is one of the top 150 forex and CFD brokers in the areas where its services are focussed.

Advantages that Tickmill has over Competitors

Tickmill has the following advantages over its competitors:

• ✅ Competitive Spreads: Tickmill offers some of the lowest spreads in the industry, providing traders with a cost-effective trading solution.
• ✅ Reliable Trading Platforms: Tickmill provides traders with access to popular trading platforms such as MT4 and MT5, which are known for their reliability and versatility.
• ✅ Fast Execution Speeds: The broker ensures that trades are executed quickly and at the best prices, reducing the risk of slippage.
• ✅ Wide Range of Trading Instruments: Tickmill offers a diverse range of tradable instruments, including currency pairs, indices, commodities, and more.
• ✅ Exceptional Customer Service: The broker has a dedicated and knowledgeable customer support team available 24/5 to assist traders with any questions or issues.

Finally, Secure Fund Management. Tickmill implements strict security measures to protect its clients’ funds, ensuring that their investments are safe and secure.

Who will Benefit from Trading with Tickmill?

Tickmill, an online ecosystem established by seasoned professionals, exemplifies its expertise with a well-designed infrastructure that caters to novice and experienced investors.

The platform’s user-friendly design and accessible nature make it ideal for beginner investors with limited trading experience.

The cost-effective trading conditions, user-friendly platforms, and comprehensive educational resources are valuable tools for understanding the markets.

Advanced features such as one-click trading, AutoChartist, and a combination of fundamental and technical analysis give novice traders the confidence to grow and enhance their skills.

How to Maximize Your Savings with Forex Trading Rebates at Tickmill

• ✅ Use the rebate program to its full potential by actively trading within the specified promotional dates to ensure that all trades count towards your rebate.
• ✅ Consider reinvesting your rebates into new trades to compound your savings or withdrawing them to realize them directly.
• ✅ Keep track of your monthly traded lots to ensure you take advantage of all rebates for your account type.
• ✅ If you trade frequently, the Classic or Pro accounts will provide you with higher rebates per lot.
• ✅ Focus your trading on FX, Gold, and Silver because these instruments qualify for Tickmill rebates.
• ✅ Make deposits that meet the rebate program’s requirements to ensure you receive the maximum rebate payout.
• ✅ Tickmill’s Signal Centre and market analysis can help you make better trades and potentially increase your trading volume without sacrificing strategy.

What strategies can I use to increase my forex trading rebates at Tickmill?

Concentrate on trading the eligible instruments you are most familiar with, and consider increasing your trading volume during times of high liquidity to maximize rebates.

Is it beneficial to open multiple accounts to earn more rebates with Tickmill?

Opening multiple accounts for rebates is unnecessary because Tickmill offers rebates on all trades across eligible accounts, and risk management is critical.

Tickmill Regulation and Safety of Funds

Tickmill Global Regulations

Furthermore, Tickmill is registered as follows:

• ✅ Financial Conduct Authority (FCA)
• ✅ Federal Financial Supervisory Authority in Germany (BaFin)
• ✅ Commissione Nazionale per le Società e la Borsa in Italy (CONSOB)
• ✅ Autorité de Contrôle Prudential in France (ACPR)
• ✅ Comisión Nacional del Mercado de Valores in Spain (CNMV)

How Tickmill Protects Traders and Client Funds

Tickmill has established itself as a trustworthy Forex and CFD broker by putting its clients’ funds and personal information first. The broker operates under multiple jurisdictions’ regulatory oversight, ensuring high accountability and transparency in its financial dealings.

Tickmill uses segregated accounts as one of the primary methods for ensuring the safety of client funds. This means that client funds are kept separate from the company’s operational funds, making it impossible for them to be used for any of the company’s financial activities.

Client funds would be protected even if Tickmill experienced financial difficulties. Several financial authorities also govern Tickmill.

These regulatory bodies are known for their strict guidelines and oversight, which include ensuring that Tickmill follows fair trading practices, transparently communicates with its clients, and maintains adequate capital reserves.

Tickmill also employs sophisticated security measures to ensure the integrity of transactional and personal data. SSL (Secure Socket Layer) encryption on their platforms and websites ensures that any information sent is securely encrypted, preventing unauthorized access.

The broker’s dedication to security is reflected in its risk management policies. Tickmill offers negative balance protection, which protects clients from losing more money than they deposited, an important safety feature in the volatile Forex market.

Tickmill regularly conducts internal and external audits to ensure compliance with industry standards and regulatory requirements. These audits are critical for ensuring the broker’s integrity and transparency.

What measures does Tickmill take to protect client funds?

Tickmill keeps client funds separate from operational funds, ensuring that client funds are safe in the event of the company’s insolvency.

What kind of investor protection does Tickmill offer?

Tickmill protects investors by adhering to regulatory requirements such as compensation schemes and stringent operational protocols.

Tickmill Awards and Recognition

According to Tickmill’s website, the company has been recognized for the following honors in recent years as a broker:

• ✅ Best Partner Program Africa in 2024 – Finance Magnates Africa Summit.
• ✅ Best Forex Spreads MEA in 2024 – Ultimate Fintech Awards MEA.
• ✅ #1 Broker for Commissions and Fees – Forexbrokers.com Annual Forex Review.
• ✅ Best Forex Broker in 2024 – QualeBroker Awards.
• ✅ Best Customer Service in 2024 – Global Forex Awards.
• ✅ Best Trading Experience in 2024 – Global Forex Awards.
• ✅ Top 100 Trusted Financial Institutions – Middle East Financial Markets Award.
• ✅ Best Broker in the Middle East (2023) – Forex Expo Dubai.
• ✅ Best CFD Broker in 2024 – Rankia Awards.

Tickmill Account Types and Features

Tickmill presents its clients with three live trading accounts: Pro, Classic, and VIP. Each of these accounts grants traders full market access, allowing them to trade in various markets, including Forex, Stock Indices, Bonds, Energies, Precious Metals, Crypto, and CFDs.

Furthermore, Tickmill provides a demo account for traders to practice, experiment with strategies, and experience the trading environment without risk.

Additionally, Tickmill caters to its Muslim clients by offering an Islamic account conversion for its Pro, Classic, and VIP Accounts, ensuring that traders adhering to Sharia laws have access to permissible trading conditions.

Tickmill Pro Account

The Pro Account from Tickmill caters to seasoned traders searching for narrow spreads and a commission-oriented system. Traders who frequently or extensively engage in trading find this account more economical with its trade-based commissions coupled with 0 pip starting spreads.

Not only that, but the Pro Account provides access to an extensive range of financial instruments and swifter execution rates, thus making it perfect for day traders and scalpers alike looking for prompt and seamless order fulfillment processes.

Tickmill Classic Account

The Classic Account is intended for new traders or those who prefer a simple trading experience free of commissions. This account type has a low minimum deposit requirement, making it accessible to new traders. Spreads begin at 1.6 pips, and there are no additional trade commissions.

Tickmill traders can access all trading instruments, including Forex, commodities, indices, and bonds. The Classic Account is a good place to start for traders new to trading or who prefer cost transparency and simplicity.

Tickmill VIP Account

The VIP Account is Tickmill’s most advanced account type, catering to high-volume professional traders. Clients with a large trading capital can take advantage of the most competitive terms, with spreads starting at 0 pips and low commission rates.

A higher minimum balance is required for the VIP Account, which grants access to personalized customer service and other exclusive services. This account is for serious traders who expect the best pricing, execution, and service.

Tickmill Demo Account

Tickmill, a well-established low-cost forex and CFD broker, offers a comprehensive demo account that allows traders to refine their trading abilities.

Traders who wish to gain experience buying and selling on the financial markets without jeopardizing their hard-earned money should utilize this demo account.

In contrast to live accounts, the Tickmill demo account utilizes virtual funds, providing traders with a risk-free environment.

This virtual environment allows traders to experiment with various tools and strategies by simulating actual market conditions, ultimately refining their trading expertise.

By meticulously imitating the attributes and operations of a live trading account, the demo account guarantees a smooth progression for traders who opt to invest real capital in the market.

A noteworthy benefit of the demo account provided by Tickmill is the opportunity to engage in real-time trading practice. Traders can utilize critical tools and resources to assess market trends, execute trades with a single click, and proficiently manage risk.

Exceptional charting capabilities are available through the demo account of Tickmill, enabling traders to make well-informed decisions grounded in precise data and analysis.

Demo accounts at Tickmill are designed to accommodate traders of all skill levels, from novices aiming to refine their strategies to seasoned professionals desiring to gain practical experience.

It provides customizable order execution, optimal trading conditions, and the ability to execute virtually any trading strategy. Due to this adaptability, traders can customize their experience per their particular requirements and goals.

Tickmill Islamic Account

Tickmill also provides an Islamic Account option for Muslim traders that complies with Sharia law. This account type follows the Islamic finance principle of no swap or rollover interest on overnight positions.

Traders are charged a fixed fee rather than swap fees if they hold positions overnight. In terms of spreads and commissions, this account type is similar to the Pro Account, but it adheres to Islamic finance principles.

Tickmill PAMM/MAM Accounts

A Multi Account Manager is MT4-integrated software that enables money managers to place bulk orders in an unlimited number of accounts. The procedure is quick and efficient and can be carried out from a single trading terminal.

The following are the benefits of a Tickmill MAM Account:

• ✅ 2 Allocation strategies:
• ✅ Proportional per balance
• ✅ Proportional per equity
• ✅ Expert Advisors (EA) permit trade sizes as small as 0.01 lots
• ✅ Unlimited sub-accounts allowed
• ✅ All common order types are acceptable: Market, Stop, Limit
• ✅ Diverse product assortment
• ✅ Quick and dependable MT4 servers

Tickmill Multi Account Manager can typically be utilized by Professional Traders and Investment Firms with authority to manage client funds.

How to open an Account with Tickmill

To register a live trading account with Tickmill, you can follow these steps:

• ✅ Launch the Tickmill website’s official page in your web browser.
• ✅ Locate the ‘Open Account’ option conspicuously showcased on the homepage.
• ✅ As required on the registration form, provide your personal information, including your name, email address, country of residence, and phone number.
• ✅ A regulatory requirement: complete a brief questionnaire evaluating your trading knowledge and experience to determine your suitability for trading.
• ✅ Per KYC (Know Your Customer) regulations, upload proof of identity (passport or ID card) and proof of residence (utility bill or bank statement) to verify your account.
• ✅ Choose the live trading account type that you wish to establish. Verify that the item qualifies for the Tickmill rebate program.
• ✅ Peruse and consent to the terms and conditions and privacy statement of Tickmill.
• ✅ After submitting your application, Tickmill will proceed with account approval. During this phase, they may require some time to verify your documents and information.
• ✅ Proceed with the deposit of funds per the minimum deposit prerequisites of the selected account type after account approval.
• ✅ Navigate to the trading platforms section of Tickmill’s website and download and install the trading platform you intend to use, such as MT4 or MT5.
• ✅ Commence trading in rebate-eligible instruments, including FX, gold, and silver. Your trades will be credited to the rebate program automatically.

It is advisable to monitor the rebates you earn via the Client Area on Tickmill’s website to be informed of the exact date and method by which these rebates are deposited into your account.

How does the Pro account at Tickmill cater to more experienced traders?

Tickmill’s Pro account offers tighter spreads with a low commission per trade, making it appealing to experienced traders who trade frequently.

Does Tickmill offer Islamic accounts that comply with Sharia law?

Yes, Tickmill offers swap-free Islamic accounts that adhere to Sharia law for clients who require them.

Tickmill Trading Platforms

Tickmill offers traders a choice between these trading platforms:

• ✅ MetaTrader 4
• ✅ MetaTrader 5
• ✅ Tickmill Mobile App

Tickmill MetaTrader 4

MetaTrader 4 (MT4): MT4 is widely utilized by traders of all experience levels due to its robust trading capabilities and intuitive interface. The rebate program is fully integrated with the MT4 platform of Tickmill, enabling traders to earn rebates directly from their forex, gold, and silver transactions.

Automated trading via Expert Advisors (EAs), various technical analysis tools, and one-click trading are all advantageous for clients. By integrating VPS hosting services, custom tools, and indicators, Tickmill improves the MT4 experience and enables uninterrupted algorithmic trading.

This is especially advantageous for traders seeking to optimize rebate potential via high-frequency trading strategies.

Tickmill MetaTrader 5

MT5 provides an integrated MQL5 development environment, additional timeframes, technical indicators, and an economic calendar and is the successor to MT4.

The MT5 platform from Tickmill caters to the needs of traders who demand sophisticated analytical tools and advanced trading capabilities.

In addition to supporting the rebate program, the platform enables users to trade a wider variety of instruments, including shares, thereby increasing the likelihood of earning rebates.

A superior order management system and sophisticated charting tools distinguish MT5 as an outstanding option for traders who implement intricate strategies and demand significant control over their transactions.

Tickmill Mobile App

Recognizing the necessity for mobile trading, Tickmill offers mobile trading applications compatible with MT4 and MT5 platforms.

These applications provide the fundamental features of their desktop counterparts, enabling traders to remotely administer their accounts, execute trades, and engage in the rebate program without leaving their locations.

Providing real-time access to the markets and account functionalities, the mobile applications guarantee that traders never overlook any trading opportunities or rebate-earning prospects.

How does the MT5 platform at Tickmill enhance trading for its users?

Tickmill’s MT5 platform adds more timeframes, technical indicators, and an economic calendar integrated directly into the platform, in addition to the rebate program benefits.

Are Tickmill’s trading platforms suitable for algorithmic traders?

Yes, both MT4 and MT5 support automated trading systems, making them suitable for algorithmic and Expert Advisor (EA) traders.

Which Markets Can You Trade with Tickmill?

Traders can expect the following range of markets from Tickmill:

• ✅ Forex
• ✅ Stock Indices
• ✅ Energies
• ✅ Precious Metals
• ✅ Bonds
• ✅ Cryptocurrencies

Can I trade commodities with Tickmill, and do they qualify for rebates?

Yes, Tickmill allows you to trade commodities such as gold and silver, and these trades are eligible for the rebate program.

Does Tickmill offer trading on stocks, and are they included in the rebate program?

Tickmill allows stock CFD trading but is not covered by the current rebate program, which focuses on Forex, Gold, and Silver.

What types of financial instruments can I trade with Tickmill?

Tickmill offers Forex, commodities, indices, bonds, stock CFDs, and cryptocurrency CFDs for trading.

Does Tickmill offer any risk management tools to use with high leverage?

Yes, to help manage the risks associated with high leverage, Tickmill offers risk management tools such as stop-loss orders and negative balance protection.

Tickmill Trading and Non-Trading Fees

Tickmill Spreads

Traders can anticipate different types of spreads based on their trading style. Additionally, the trading account, trading conditions, and market conditions on the trading day will play a role. The following spreads are among the most common ones observed by traders:

• ✅ Pro Account – 0.0 pips
• ✅ Classic Account – 1.6 pips
• ✅ VIP Account – 0.0 pips

Furthermore, other spreads according to the financial instrument are as follows (subject to change):

• ✅ AUD/USD – 0.0 pips
• ✅ EUR/JPY – 0.0 pips
• ✅ JP225 – 5.2 pips
• ✅ UK100 – 0.9 pips
• ✅ USTEC – 0.8 pips
• ✅ XAG/USD – 0.0 pips
• ✅ XAU/USD – 0.0 pips
• ✅ #EURBOBL – 0.026 pips
• ✅ SMALL_S10Y – 0.02 pips
• ✅ BTC/USD – 12 pips
• ✅ ETH/USD – 1.01 pips
• ✅ XRP/USD – 0.0002 pips

Tickmill Commissions

Tickmill provides commission-free trading on the Classic Account, with spreads marked up to cover the broker’s fee for facilitating the trade. Tickmill charges commission fees for the following categories of trading accounts:

• ✅ Pro Account – $2 per side per 100,000 (standard lot) traded.
• ✅ VIP Account – $1 per side, per 100,000 (standard lot) traded.

Even though no overnight fees are associated with an Islamic Account, commissions must still be paid when holdings are held overnight.

Tickmill Overnight Fees, Rollovers, or Swaps

Swaps, also known as overnight interest, are fees that traders must pay or receive when they hold open positions in forex trading overnight. These fees are determined by the interest rates of the countries involved in the currency pair being traded and market conditions at the time. Tickmill calculates its swap rates using this information.

Swaps are executed at midnight, based on the platform’s time. They are calculated using a standard lot of 100,000 base currency units for each currency pair. A position is held overnight and assigned a new “value date.” For example, triple swap rates may apply on Wednesday nights if the value date switches to Monday.

Traders can expect to incur typical overnight fees when trading with Tickmill. These fees are a normal part of forex trading and should be considered when making trades.

Tickmill Deposit and Withdrawal Fees

• ✅ Tickmill does not charge any deposit or withdrawal fees on any available payment methods.

Tickmill Inactivity Fees

• ✅ Inactivity fees are not charged by Tickmill when a trading account goes dormant.

Tickmill Currency Conversion Fees

If traders deposit in currencies other than the accepted account-based currencies, they will incur a conversion fee.

Does Tickmill charge any fees for deposits or withdrawals?

No, Tickmill does not charge any fees for deposits, and most withdrawal methods are also free; however, it is recommended that you check for any third-party fees.

Are there any fees for receiving forex trading rebates at Tickmill?

No, Tickmill charges no fees to receive forex trading rebates; the rebates are credited to your account for free.

Calculating Forex Trading Rebates with Tickmill

Calculating forex trading rebates with Tickmill involves understanding the structure of their rebate program and how it applies to the volume of trades executed. Here is a detailed explanation of how to calculate these rebates:

Tickmill’s rebate program is structured around the volume of lots traded within a specific time frame and varies according to the type of trading account you hold. Each account type – Classic, Pro, and VIP – has a different rebate rate per lot traded.  Here is how you can calculate the rebates for each account type:

Identify Your Account Type and Corresponding Rebate Rate:

• ✅ Classic Account: $2 per lot
• ✅ Pro Account: $0.50 per lot
• ✅ VIP Account: $0.25 per lot

• ✅ Track the number of lots you trade in eligible instruments (FX, Gold, Silver). Forex lots usually contain 100,000 base currency units.
• ✅ To calculate rebates, multiply the number of lots traded by the rebate rate for your account type. A Classic Account trader who trades 50 lots monthly receives a $100 rebate.
• ✅ Tickmill calculates rebates monthly. Calculate the monthly rebate by adding all monthly trades.
•  The maximum rebate you can earn is $5,000. The rebate you calculate should not exceed this amount.
• ✅ Tickmill has a rebate payout minimum. You will not get paid that month if your calculated rebate does not meet the minimum.
• ✅ Rebate payouts are credited to your account within the first week of the following month. Check that the credited amount matches your calculations.
• ✅ If you trade partial lots, adjust your calculation accordingly. Trade 0.5 lots and calculate the rebate as 0.5 x your account type’s rate.

Tickmill may temporarily increase rebate rates for their rebate program. If eligible, adjust your calculations for these promotions.

Does Tickmill provide a calculator or tool to estimate my trading rebates?

No, Tickmill does not provide a rebate calculator explicitly, but you can easily estimate your rebates using the rates provided on their website or by contacting customer support.

Can I calculate rebates on trades executed on MT4 and MT5 platforms with Tickmill?

Yes, you can calculate rebates on trades executed on MT4 and MT5 platforms because the rebate program applies to both.

Tickmill Deposits and Withdrawals

Tickmill offers the following deposit and withdrawal methods:

• ✅ Bank Transfer
• ✅ Debit Card
• ✅ Credit Card
• ✅ Skrill
• ✅ Neteller
• ✅ Sticpay
• ✅ Fasapay
• ✅ UnionPay
• ✅ Nganluong
• ✅ QIWI
• ✅ WebMoney

How to Deposit Funds with Tickmill

To deposit funds to an account with Tickmill, traders can follow these steps:

• ✅ Log in to your Tickmill Client Area with your login information.
• ✅ Go to the Deposit Section of your Client Area.
• ✅ Choose your preferred deposit method from the options available, which may include bank wire, credit/debit cards, or e-wallets.
• ✅ Enter the necessary deposit information, such as the amount and currency.
• ✅ After reviewing all of the provided information, confirm the transaction. You may be redirected to a payment gateway if you use an online payment method.
• ✅ Follow any additional instructions, especially if your preferred deposit method, such as a bank transfer, requires additional steps.

Before making your deposit, look for any Tickmill deposit bonuses or promotions you can use.

Tickmill Fund Withdrawal Process

To withdraw funds from an account with Tickmill, traders can follow these steps:

• ✅ Verify that your rebates have been deposited into your trading account by the first week of the following month, as this is the customary process.
• ✅ Proceed with the withdrawal by logging into your Tickmill Client Area.
• ✅ In the Client Area, navigate to the section labeled “Withdrawal.”
• ✅ Opt for your preferred withdrawal method; to avoid complications, you are frequently advised to utilize the same method you used to make your deposit.
• ✅ Ensure that the specified withdrawal amount satisfies the minimum withdrawal requirements and does not exceed the available balance.
• ✅ When prompted, carry out any Know Your Customer (KYC) procedures required to ensure compliance with regulatory standards.
• ✅ Once you have reviewed every aspect of your withdrawal request, submit it.
• ✅ Observe the status of the withdrawal. Withdrawals are typically processed within one business day by Tickmill; however, depending on the withdrawal method, the time it takes for the funds to reach your account may vary.

Plan accordingly, considering any potential withdrawal fees that may be assessed for the withdrawal method you select.

Tickmill Education and Research

Education

Tickmill offers the following Educational Materials:

• ✅ Webinars
• ✅ Seminars
• ✅ eBooks
• ✅ Video Tutorials
• ✅ Infographics
• ✅ Forex Glossary
• ✅ Fundamental Analysis
• ✅ Technical Analysis
• ✅ Educational Articles
• ✅ Market Insights

Research

Tickmill offers traders the following Research and Trading Tools:

• ✅ Access to AutoChartist
• ✅ Access to Myfxbook Copy Trading
• ✅ Economic Calendar
• ✅ Forex Calculators
• ✅ Tickmill VPS
• ✅ Pelican Trading

and much more.

Can I withdraw my forex trading rebates from Tickmill immediately after they are credited?

Yes, you can withdraw the rebates as soon as they are credited to your account, subject to Tickmill’s withdrawal procedures and terms.

Do I need to meet trading volume requirements before withdrawing rebates from Tickmill?

No, Tickmill has no additional trading volume requirements to withdraw rebates; rebates are calculated based on your trading activity during the rebate period.

Tickmill Bonuses and Current Promotions

Tickmill offers traders the following bonuses and promotions:

• ✅ The top trader receives a $1,000 prize in a monthly competition hosted by Tickmill. Decisions are made based on trader performance.
• ✅ Tickmill challenges clients to predict the price of a chosen instrument on their MT4 platform at 16:00, thirty minutes after the NFP release, throughout NFP (Non-Farm Payrolls) week. Traders can earn a $500 deposit into their trading account for every correct guess.
• ✅ A $30 welcome no-deposit bonus account is offered to new clients by Tickmill, granting them the opportunity to engage in trading activities without exposing their personal funds to risk. This bonus is accumulated after the successful completion of the registration procedure.
• ✅ Tickmill’s rebate program incentivizes its traders to earn more. Traders can receive rebates by establishing a live account with Tickmill and depositing a minimum of $200 (or the equivalent in ZAR).

Finally, Tickmill provides an IB contest in which Introducing Brokers can win cash prizes of up to $10,000. The competition is accessible to all IBs of Tickmill, and the victorious IBs shall be identified according to their substantial trading volume and highest count of active clients.

What types of bonuses and promotions does Tickmill offer to its traders?

Tickmill provides a variety of bonuses and promotions, such as welcome bonuses, deposit bonuses, and trading contests, that are subject to change.

Do Tickmill’s bonuses and promotions have an expiration date?

Yes, Tickmill’s bonuses and promotions have an expiration date after which they can no longer be claimed or used.

How to open an Affiliate Account with Tickmill

To register an Affiliate Account with Tickmill, traders can follow these steps:

• ✅ Traders can access the Tickmill website by clicking on Seychelles, South Africa, United Kingdom, Malaysia, or Cyprus, depending on their region.
• ✅ On the homepage, hover over “Partnership” and select “Introducing Broker.”
• ✅ Read the information on Tickmill’s partnership and select the option to join the affiliate program.
• ✅ Fill out the application form with your personal information and professional experience.
• ✅ This concludes the registration process for the Client Area on the Tickmill website.
• ✅ Complete the profile by uploading identification and address verification documents.

Enter the IB Room to activate the account and gain access to Tickmill’s comprehensive client acquisition and referral materials.

Tickmill Affiliate Program Features

Tickmill partners with Introducing Brokers (IBs) globally to bring new customers to the platform. As a token of appreciation, Tickmill offers commission payouts to its partners and IBs.

Tickmill offers the following benefits to its partners:

• ✅ Commission of $10 per standard account transaction and $2 per trade in Pro or VIP accounts for referring new customers.
• ✅ An additional 5% commission for referring clients who sign up for a Pro Account.
• ✅ Access to IB room, advanced fund, and account management tools.
• ✅ Availability of pre-made advertising and marketing materials.

Joining as an IB is a simple and cost-free way to increase affiliate income. In addition, Namibians can expand access to Tickmill trading for their clients by becoming a Tickmill Partner.

Tickmill Customer Support

Tickmill’s customer support can be contacted from Monday until Friday during business hours. In addition, Tickmill offers multilingual support across several communication channels.

What languages does Tickmill customer support offer for non-English speakers?

Tickmill offers multilingual customer service, catering to a global clientele in various languages.

Can I expect 24/7 customer support from Tickmill?

Tickmill provides customer support 24 hours a day, five days a week, per global forex market hours, to assist clients with trading-related issues.

Tickmill Corporate Social Responsibility

Tickmill believes that Corporate Social Responsibility can enhance a company’s impact on society.  The company offers a comprehensive range of CSR initiatives to benefit communities globally, improve individuals’ well-being, and foster athletic ability.

Tickmill’s notable efforts include supporting the Gajusz Foundation for Terminally Ill Children and contributing to the Bärenherz Children’s Hospice in Germany.

Legal and Tax Implications – Understanding Forex Trading Rebates with Tickmill

Before utilizing forex trading rebates, such as those provided by Tickmill, traders must be fully aware of any potential legal and tax ramifications. The implications may exhibit substantial variation contingent upon the trader’s domicile and domestic legislation.

Legal Implications

• ✅ Traders enter into a contractual agreement with Tickmill when they open an account. It is legally binding, and the trader must be mindful of the associated rights and responsibilities.
• ✅ Traders must undergo a Know Your Customer (KYC) procedure per legal obligations. This entails the submission of essential identification and residency documents, which serve the purpose of safeguarding against fraudulent activities, money laundering, and other illicit undertakings.
• ✅ Tickmill ensures regulatory compliance by functioning per the frameworks of the jurisdictions where it is duly registered. Traders are responsible for ensuring that they adhere to the terms and conditions established by Tickmill, which have been formulated to conform to regulatory obligations.
• ✅ Traders must comply with the conditions outlined in the rebate program. Infractions may result in the forfeiture of rebates that have been accumulated or even the termination of the trading account.

Tax Implications

• ✅ International tax treaties and laws may apply to traders residing in one country who receive rebates from a broker based in another country. It is crucial to comprehend the ramifications of cross-border income and any applicable tax treaties.
• ✅ Forex trading rebates might be classified as taxable income in numerous jurisdictions. Traders must disclose these profits to the appropriate local tax authorities and remit any relevant taxes.
• ✅ Traders must maintain precise documentation of their trading activities and rebates obtained, as these details will be deemed essential for tax reporting. In certain nations, inaccurate income reporting can lead to substantial penalties.
• ✅ The imposition of withholding taxes on the rebates by Tickmill may be contingent upon the trader’s country of residence. Traders should ascertain their eligibility for withholding taxes and incorporate this information into their tax planning.
• ✅ Although rebates may be classified as income, the expenses related to their generation, including commissions and spreads, might qualify as deductibles. Traders should consult a tax expert to determine precisely what can be deducted.

Do I need to report forex trading rebates on my tax return?

Yes, you must report forex trading rebates on your tax return if they are taxable in your jurisdiction.

Are there any legal restrictions on using forex trading rebates from Tickmill?

Legal restrictions on using Tickmill forex trading rebates would be determined by your local jurisdiction’s forex trading and rebate regulations.

Risks and Limitations of Forex Trading Rebates at Tickmill

Forex trading rebates, such as those presented by Tickmill, may serve as an appealing incentive for traders, enabling them to recoup a fraction of the expenses incurred during the trading process.

Traders should, nevertheless, be mindful of the risks and limitations associated with their participation.

Risks of Forex Trading Rebates at Tickmill

• ✅ Similar to any trading endeavor, the intrinsic possibility exists that the market will move in opposition to your positions, potentially leading to losses that surpass the advantages of the rebates obtained.
• ✅ A misalignment of incentives exists when rebates are determined by trading volume rather than trade profitability. This may result in a divergence of interests whereby the trader’s objective is not to execute profitable trades but to increase volume to obtain additional rebates.
• ✅ Overtrading may occur when traders are enticed by the prospect of rebates to execute more trades than their trading strategy justifies. This can result in heightened market exposure and potentially more substantial losses.
• ✅ Rebate program structures can occasionally be intricate, and traders may erroneously estimate their potential earnings if this aspect is not thoroughly comprehended. Such misunderstandings may result in disillusionment or financial miscalculations.

Limitations of Forex Trading Rebates at Tickmill

• ✅ Although Tickmill facilitates rebate withdrawals, stipulations may restrict access to funds, including processing times that could cause delays or impose a minimum withdrawal amount.
• ✅ Rebate programs frequently consist of promotional incentives with restricted durations, potentially rendering the trading account’s advantages temporary.
• ✅ Rebates are frequently restricted to particular account types or trading instruments, which may not correspond to the objectives or inclinations of all traders.
• ✅ The potential existence of a maximum limit on the rebates that a trader can accumulate could curtail the advantages available to high-volume traders.
• ✅ Some rebate programs impose a minimum trading volume requirement to qualify for rebates, which may encourage traders to engage in more transactions than they normally would.
• ✅ The effect of rebates on trading costs is to mitigate their impact; however, they do not completely eradicate them. Continual spreads, commissions, and additional fees may impact overall profitability.
• ✅ To partake in the rebate program, traders might be required to establish particular account types, potentially necessitating supplementary procedures or adherence to compliance obligations.

Can market volatility affect the rebates I receive from Tickmill?

No, market volatility has no direct effect on rebate amounts because they are based on trade volume, but it can influence trading frequency and strategy, which can affect rebate totals.

Is there a risk of Tickmill changing the terms of the rebate program?

Yes, there is. Tickmill, like any broker, reserves the right to change the terms of its rebate program, which may affect future rebate earnings.

Strategies to Maximize Rebates with Tickmill

• ✅ Diversify your trades among eligible instruments to spread risk and increase the number of trades that qualify for rebates.
• ✅ Utilize Tickmill’s insights and analysis to identify trading opportunities that may increase your trading volume and, thus, your rebates.
• ✅ Analyze your trading performance to see if changing account types will increase rebate potential.
• ✅ Develop a sound trading strategy and responsibly increase your trade frequency to accumulate more lots, resulting in greater rebates.
• ✅ Trade Forex, Gold, and Silver during peak market hours to benefit from tighter spreads and potentially more trading opportunities, resulting in more lots traded.
• ✅ Take advantage of economic events that can increase market volatility and trading opportunities, increasing the number of lots traded.
• ✅ Take advantage of Tickmill’s Zero Fees Policy for large transactions to save on transaction costs, which complements rebate savings.

What are the best practices for incorporating rebates into my overall trading plan with Tickmill?

Setting clear trading objectives, understanding rebate terms, and not allowing the pursuit of rebates to influence your trading decisions negatively are all best practices.

How can I track my progress and effectiveness in maximizing rebates with Tickmill?

You can track your progress by reviewing your trading history and rebate earnings in the Tickmill Client Area regularly to evaluate the effectiveness of your strategy.

Tickmill Alternatives

• 🥇 FXTM – FXTM has become the industry standard in brokerage services for developing and frontier economies. Traders can take advantage of improved versions of the MT4 and MT5 trading platforms, a unique copy trading service, and top-notch resources for learning and improving their skills. Additionally, the commission-based Forex pricing environment provided by FXTM is unparalleled.

• 🥈 FP Markets – FP Markets gives its customers an edge by providing a low commission-based Forex cost structure, more than 70 currency pairs, and an upgraded version of the popular MT4 trading platform with twelve add-ons.

• 🥉 AvaTrade – AvaTrade, headquartered in Ireland, has become one of the industry’s most recognizable names. SharpTrader, its training arm, was so successful that it eventually became a separate company. AvaTrade aims to increase its market share by providing a wide variety of trading platforms and assets to trade in.

Tickmill VPS Review

In the form of a Virtual Private Server (VPS), the cloud or the Internet serves as the location for your dedicated server that is always on and connected to the rest of the world.  Furthermore, VPS has its operating system (OS) and does not rely on your PC to do its work. Therefore, your PC can continue functioning normally even when you’re not around.

By renting a virtual private server (VPS), you can let computer programs known as “Expert Advisors” (EAs) run unattended and without interruption 24 hours a day, seven days a week, on a remote server instead of on your personal computer.

You, as a Tickmill client, have access to these special features and benefits:

• ✅ There are no resources, and users have increased control.
• ✅ There is a 20% on all Tickmill packages.
• ✅ The setup is quick, and traders can access 24/7 live chat and email support.
• ✅ There is no latency due to the location of VPS servers, which are close to Tickmill.
• ✅ Traders can rest assured that they will have 100% uptime.

You can easily use your expert advisors on BeeksFX’s low-latency networks, as the company is among the largest Forex VPS providers. Make sure there are no hiccups in your market entry and exit, which could cost you money.

Tickmill Web Traffic Report

Tickmill vs. Other Notable Brokers

Tickmill Pros and Cons

Tickmill Customer Reviews

🥇 Very Impressed!

I am overly impressed with their prompt implementation and dedication to serving the client. The spreads offered are quite competitive, and the commission fees are the most economical I have encountered in my search. – Jacques Cooper

🥈 Seamless.

I have been utilizing Tickmill’s trading services for approximately one year and have had a positive experience. Depositing and withdrawing funds have been seamless, and their spreads are excellent. – Luca Bruce

🥉 Happy Client.

I have been utilizing Tickmill’s classic account for approximately 7 months, experiencing both gains and losses within my trading account. Their spreads are commendable, starting at 1.2 pips for EURUSD in the classic account. I consider their trading platform outstanding for an offshore broker, and I have not encountered any issues with disconnections or chart freezes during my 7 months of trading with them. – Anne McConnell

Recommendation for Improving Tickmill Cashback Rebates

Tickmill currently only offers rebates on forex and precious metals. However, the broker could also benefit from offering rebates on other supported asset classes, giving traders more diversification and choice. Furthermore:

• ✅ In addition to volume-based rebates, offering rebates based on trading performance may align incentives with profitable trading rather than simply volume.
• ✅ Rethinking the maximum cap on rebate earnings could keep high-volume traders who would otherwise reach the cap too quickly.
• ✅ Lowering the minimum monthly payout threshold may make the program more appealing to traders with smaller account balances.
• ✅ Increasing the number of instruments eligible for rebates could attract a broader range of traders and accommodate those interested in markets other than Forex, gold, and silver.
• ✅ Adding more tiers to the rebate structure could result in finer gradations of rewards that cater to the nuances of different trading volumes.

Finally, Allowing traders to choose between higher rebates with higher spreads and lower rebates with tighter spreads could cater to individual trading strategies and preferences.

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Our Verdict on Tickmill

In our concluding analysis of Tickmill’s rebate program, we have considered all pertinent factors and potential advantages.

According to our findings, the program provides traders an appealing opportunity to earn cash rebates on their trades, thereby substantially diminishing transaction expenses and augmenting the overall trading encounter.

The rebates are organized in a tiered system to accommodate traders of varying trading volumes and preferences. This well-considered approach caters to a wide range of trading strategies and styles.

However, caution is also advised. The possibility that the incentive to trade more to earn rebates will result in overtrading is an underrated risk. As traders, it is of the utmost importance that we maintain discipline and base our trading decisions on sound strategy, not the allure of rebate earnings.

It is commendable that Tickmill has implemented a rebate earnings cap, which may serve as a nuanced warning to traders not to pursue rebates over a reasonable volume of trading.

We are delighted to observe that the rebate claims and withdrawal processes at Tickmill are uncomplicated and characterized by transparency and user-friendliness.

Furthermore, the convenient way of accessing earned rebates demonstrates Tickmill’s dedication to delivering concrete customer benefits.

From our perspective, optimizing the utilization of Tickmill’s rebates necessitates their incorporation into a meticulously devised trading strategy that emphasizes market research and risk mitigation. Reimbursement should be considered an added-on rather than the principal objective.

Tickmill Frequently Asked Questions

What are forex trading rebates?

As an incentive provided to traders, forex trading rebates consist of cashback for each executed trade, with the amount typically proportional to the trade volume.

How do forex trading rebates work with Tickmill?

The rebates earned per lot traded on FX, Gold, and Silver with Tickmill vary in value based on the account type of the trader.

Who is eligible for Tickmill rebates?

Both new and existing clients of Tickmill Ltd (Seychelles) and Tickmill Asia Ltd. are eligible for rebates.

Are forex trading rebates taxable?

Yes, rebates from forex trading are frequently regarded as taxable income, and traders must disclose them per the tax regulations of their respective jurisdictions.

Are there any limitations or restrictions on using forex trading rebates?

Yes, eligibility requirements may be contingent on the type of account, minimum trading volumes, and maximum earnings for forex trading rebates.

Can I withdraw my Tickmill rebates?

While it is possible to withdraw Tickmill rebates, there may be prerequisites that must be fulfilled beforehand, such as the trading of a specified quantity of lots.

Are there any requirements to be eligible for forex trading rebates with Tickmill?

Traders who wish to qualify for forex trading rebates through Tickmill must establish a designated “Rebate” account and fulfill the program’s stipulated minimum deposit and trading obligations.

Are Tickmill rebates available on all trades?

Yes, rebates are available for winning and losing trades.

Can I combine forex trading rebates with other promotions or bonuses Tickmill offers?

No, because they are exclusive to the rebate program, Tickmill’s forex trading rebates are generally not combinable with other bonuses or promotions.

How are forex trading rebates credited to my account with Tickmill?

Tickmill credits Forex trading rebates to the trader’s account during the initial week of the subsequent month on the condition that the prescribed minimum pay-out threshold is fulfilled.

Can I participate in multiple Tickmill rebate promotions?

Engaging in multiple Tickmill rebate promotions is possible, provided that you satisfy the specific criteria for each promotion.

How can I sign up for forex trading rebates with Tickmill?

Traders can enroll in the rebate program for forex trading by establishing a live trading account on Tickmill’s website and selecting the rebate option during account setup.

What happens if I misuse the Tickmill rebate promotion?

Tickmill reserves the right to disqualify any participant or deny the issuance of a Cash Rebate if the promotion’s Terms and Conditions and those about Tickmill’s Client Service Agreement are violated in any way.

How can I track and monitor my forex trading rebates with Tickmill?

A comprehensive report of accumulated forex trading rebates is accessible to users via the Tickmill Client Area, allowing them to track and monitor their rebates.

How much can I earn through forex trading rebates with Tickmill?

With a $5,000 maximum in rebates, the amount a trader can earn through forex trading rebates with Tickmill is contingent on the number of lots traded and the account type.

Where can I find more information about Tickmill rebates?

Tickmill rebates are detailed on their official website and third-party platforms that provide evaluations and rankings of foreign exchange brokers.