Tickmill Welcome Account: How the $30 No-Deposit Offer Works

The Welcome Account is Tickmill's no-deposit offer. A new client registers on the promotion page and receives a trading account credited with $30. Tickmill presents it as a way to experience its trading environment without risking your own money. The offer comes from Tickmill Ltd, the Seychelles company, and isn't available to residents of the European Union.

That $30 is trading credit, not cash. It can't be withdrawn. What you may be able to keep is profit: under the terms we checked for our Tickmill review, profit between $30 and $100 can be moved to a live wallet after you open a live account and deposit at least $100. The account runs for a limited period, and expert advisors are not allowed on it.

The conditions in one table

Promotion terms change, and the terms and conditions on Tickmill's Welcome Account page are the only version that binds you. Read them on the day you apply. The table reflects what we recorded when writing our review, and the registration form confirms two points directly: one Welcome Account per client, and a minimum age of 18.

Who can get one

Its registration form has a country selector, and only the countries listed there can apply. When we checked, the list included Malaysia, the Philippines, the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain, Nepal, Laos, Tanzania, Ethiopia, Cameroon and Senegal, among many others. Several large retail markets were absent from it.

Open the form and look for your country before planning around the offer. If it isn't in the selector, the Welcome Account isn't available to you, and the free demo account is the alternative. The form also accepts Latin characters only, and it rejects a second application from the same person.

How the profit rule works

Three outcomes are possible at the end of the Welcome Account. You lose the $30, in which case nothing is owed and nothing is gained. Your profit ends below the minimum and can't be transferred. Or you make a qualifying profit, which you can move to a live wallet once you have deposited.

Those rows apply the $30 to $100 range from the terms we recorded. Notice what the cap does to incentives. To turn $30 into $100 you must more than triple the account, which pushes people towards very large positions. That is poor practice for real trading, and it is the opposite of what a trial account should teach.

What it is good for

• A look at Tickmill's live spreads and fills without depositing.
• The pressure of a real position, which a demo can't give you.
• Proof that the platform, login and order types work on your device.
• Evidence for deciding whether to open a funded account with this broker.

Treat any profit as a bonus. A small account with a short clock is mostly luck, and a good result on it tells you little about your skill. The value lies in a first-hand look at the broker before your own money is involved.

Welcome Account against demo and live

How to apply

1. Open the Welcome Account page on Tickmill's site.
2. Read the terms and conditions linked there.
3. Select your country and enter your name, email and phone number.
4. Accept the terms and submit the form.
5. Check your email for the login details and instructions.
6. Log in to the platform and confirm the $30 balance.

A confirmation message says the account has been created and that login details will follow by email. If the form tells you that you have already registered, you can't open a second one.

How profit moves to a live account

1. Finish trading on the Welcome Account with a profit inside the allowed range.
2. Open a live account in the Client Area, as our Tickmill account opening guide describes.
3. Verify your identity fully.
4. Deposit at least $100 into the live wallet.
5. Request the transfer of the profit as the terms set out.

Verification matters here. A profit transfer is a payment, and Tickmill applies the same identity checks as for any other. Have your documents approved before the Welcome Account's period ends so the request isn't held up.

Once the profit is in your live wallet, normal withdrawal rules apply: a minimum of 25, no fee from Tickmill, and money returned to the method you deposited with. See our Tickmill withdrawal guide.

A sensible way to trade it

Thirty dollars at high leverage can open positions that last seconds. Resist that. Trade 0.01 lots, where a pip on EUR/USD is worth about 10 cents, and use a stop on every order. At that size a 30-pip loss costs $3, a tenth of the account, which is still far more risk than you should take on a real balance.

If the plan produces a small profit under $30, accept it and move on. The lesson you paid nothing for is how the platform behaves. When you fund a live account, start again with proper sizing, as the Tickmill minimum deposit guide explains.

Keep expectations plain. Most Welcome Accounts end at a loss or with a profit too small to transfer, because $30 leaves no room for normal sizing. Go in for the experience and anything more is a pleasant surprise.

Frequently asked

Related reading

• Tickmill demo account
• Tickmill account opening
• Tickmill minimum deposit
• Tickmill withdrawal
• Our full Tickmill review