Unlock Trading Potential with Tickmills No Deposit Bonus

Tickmill No Deposit Bonus Overview

Tickmill no deposit bonus - Tickmill offers a generous no deposit bonus to new traders, providing them with an opportunity to explore the platform and test their trading strategies without risking any of their own capital.

The bonus amount is $30, which is credited to the trader's account upon registration. To be eligible for the bonus, traders must open a live trading account with Tickmill and verify their identity.

Bonus Terms and Conditions

  • The bonus is available to new traders only.
  • The bonus cannot be withdrawn.
  • Any profits made using the bonus funds can be withdrawn.
  • The bonus is valid for 30 days from the date of credit.

Trading Conditions with the Bonus

Tickmill no deposit bonus The Tickmill no deposit bonus comes with specific trading conditions that traders must adhere to. These conditions include restrictions on leverage, available instruments, and limitations on the use of bonus funds. Understanding these conditions is crucial for maximizing the potential of the bonus while minimizing risks.

Maximum Leverage

The maximum leverage allowed when trading with the no deposit bonus is 1:30. This means that traders can only control a position size up to 30 times the amount of their bonus funds. The leverage ratio helps to limit potential losses and protect traders from excessive risk.

Available Instruments

The Tickmill no deposit bonus can be used to trade a limited range of financial instruments, including:
  • Forex currency pairs
  • Gold and silver
  • Major stock indices
Traders should note that certain instruments may not be available for trading with the bonus funds, so it's important to check the broker's terms and conditions before placing trades.

Limitations on Bonus Funds

The bonus funds provided by Tickmill cannot be withdrawn directly. Instead, traders must meet specific trading volume requirements to convert the bonus funds into withdrawable profits. The minimum trading volume requirement is 30 standard lots, which is equivalent to 3 million units of currency. Until the trading volume requirement is met, the bonus funds remain locked and cannot be used for withdrawals.

Withdrawal Process and Bonus Conversion

Tickmill account welcome promotion bonus info deposit

Withdrawing profits earned using the Tickmill no deposit bonus is straightforward and subject to certain conditions. The bonus cannot be withdrawn directly, but profits generated from trading with the bonus can be withdrawn once specific requirements are met.

Conversion Requirements

To convert the bonus into real funds and make a withdrawal, traders must:

  • Complete a minimum trading volume of 30 standard lots.
  • Maintain a minimum equity balance of at least 50% of the initial bonus amount.

Once these requirements are fulfilled, traders can submit a withdrawal request to Tickmill.

Obtain a comprehensive document about the application of trusted forex broker that is effective.

Advantages and Disadvantages

Tickmill no deposit bonus

The Tickmill no deposit bonus offers potential advantages and disadvantages that traders should consider before using it.

Advantages include the opportunity to trade without risking personal capital, allowing traders to gain experience and test trading strategies without financial loss. Additionally, the bonus can provide a boost to trading profits, especially for beginners or those with limited capital.

Disadvantages, Tickmill no deposit bonus

However, there are also limitations associated with the bonus. Withdrawal restrictions may apply, meaning traders cannot withdraw the bonus amount itself but only the profits earned from it. Furthermore, trading conditions may be restricted, such as limits on leverage or available instruments, which can impact trading strategies and potential returns.

Comparison with Other Brokers

The Tickmill no deposit bonus is a competitive offering in the industry, with several unique features and benefits that set it apart from similar bonuses offered by other brokers. However, there are also some areas where it may fall short compared to competitors.

One of the unique advantages of the Tickmill no deposit bonus is its high bonus amount of $30, which is significantly higher than the average bonus amount offered by other brokers. This provides traders with a substantial amount of capital to start trading with, which can be particularly beneficial for beginners who may not have a large trading account.

Unique Features

  • High bonus amount of $30
  • No profit cap
  • Flexible trading conditions

Areas of Improvement

  • Limited withdrawal amount
  • Short validity period
  • High minimum trading volume requirement

Overall, the Tickmill no deposit bonus is a competitive offering that provides traders with a good opportunity to test out the broker's platform and trading conditions without risking their own capital. However, traders should be aware of the bonus's limitations, such as the limited withdrawal amount and short validity period, before deciding whether to claim it.

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