Exness Review
Tickmill Fund Withdrawal Step by Step
Overall, Tickmill offers a simple fund withdrawal process for Kenyan Traders. Tickmill offers three retail investor accounts as well as demo and Islamic accounts. Tickmill has a trust score of 82% out of 100.
- Lesche Duvenage
Jump to:
Fund Withdrawal Step by Step
Detailed Withdrawal Information
Terms and Conditions
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.7/5
Min Deposit
$100 / 1 343 BWP
Regulators
CySEC, FCA, FSA, FSCA, Labuan FSA
Trading Desk
Meta Trader 4
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Tickmill Fund Withdrawal – 6 key points quick overview:
How to Withdraw Funds Step by Step
👉 Botswanan traders who want to withdraw funds from the trading account can follow these few steps:
➡️ Botswanans can access their client area via the Tickmill website. Additionally, Botswanans can choose “withdraw” and wait for the withdrawal request to load after clicking the “withdraw” option.
➡️ Botswanans can complete the appropriate forms and examine the submitted information to verify that everything is in order.
➡️ Traders can then follow any extra on-screen prompts or instructions that their payment provider might need.
➡️ Tickmill might require one business day to process a withdrawal request. However, Botswanans may have to wait several days to retrieve their cash, depending on the payment method.
Detailed Withdrawal Information for Traders
👉 Although Tickmill completes the withdrawal process in a single day, the actual processing time relies on the trader’s selected payment method and the bank’s internal processes.
👉 The table below gives a detailed summary of Tickmill’s withdrawal procedure and information for Botswanan traders.
Tickmill Deposit Currencies, Processing Times, and Minimum Deposit/Withdrawal
| 💳 Payment Method | 💰 Deposit Currencies | 🔁 Deposit Processing | 💳 Withdrawal Processing | 💰 Min Deposit | 💵 Min Withdrawal |
| Bank transfer | USD, EUR, GBP | 1 working day | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| Debit Card | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| Credit Card | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| Skrill | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| Neteller | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| Sticpay | USD, EUR, GBP | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD, EUR, GBP |
| Fasapay | USD, IDR | Instant | 1 working day | 100 USD, EUR, GBP | 25 USD |
| UnionPay | CNY | Instant | 1 working day | 700 CNY, 100 EUR, USD, GBP | 25 USD, EUR, GBP |
| Nganluong | VND | Instant | 1 working day | 2,000,000 VND | 25 USD |
| QIWI | USD, RUB, EUR | Instant | 1 working day | 100 USD, EUR, RUB | 25 USD, EUR, RUB |
| WebMoney | USD, EUR | Instant | 1 working day | 100 USD, EUR | 25 USD, EUR |
Fund Withdrawal Terms and Conditions
👉 The financial department of Tickmill will respond to all queries within one business day. After-hours, weekend, and holiday requests will be processed the next business day.
👉 The payment method used by Botswanans to fund their trading accounts must be used first to make withdrawals. Moreover, the trader can remove funds from their trading account even when they have open positions.
👉 To do this, the required amount when transferring funds from the trading account to the wallet must exceed the trader’s free margin. Without sufficient free margin, traders cannot withdraw funds from their trading accounts into their wallets.
Tickmill Kenya Pros and Cons
| ✔️ Pros | ❌ Cons |
| Tickmill offers dedicated, prompt customer support 24 hours a day, 5 days a week | There are only a few asset classes and financial instruments offered |
| There is a selection of funding and withdrawal options offered by Tickmill | There are no fixed spreads offered by Tickmill |
| Tickmill offers a no-deposit bonus to new traders | There are currency conversion fees when Botswanan traders deposit or withdraw in BWP |
| There are low spread costs and high leverage ratios offered | Additional commissions are applied to the Islamic account when positions are held for longer than three days |
| Tickmill is well-regulated and has a good reputation | |
| There are several tools provided to advanced traders including AutoChartist, FIX API, and more | |
| MetaTrader 4 and MetaTrader 5 are both offered by Tickmill | |
| There is a commission-free trading account offered to Botswanan traders |
Verdict on Tickmill
👉 Overall, Tickmill is very competitive in terms of its trading fees and spreads.
FAQ
How long does it take for my Tickmill withdrawal to reflect in my bank account?
Tickmill takes one business day to process withdrawals. However, it could take longer for the money to show up in your bank account.
How much is the minimum amount I withdraw from a Tickmill account?
You must withdraw a minimum of 25 USD or an equivalent in any other supported withdrawal currency.
How much would it cost me to withdraw money using cryptocurrency?
Tickmill does not charge any withdrawal fees.
Are my funds secure with Tickmill?
Tickmill is trustworthy and must follow strict rules to keep its regulatory licenses.
What does Tickmill do with the money I deposit into a trading account?
All client money is kept in separate accounts from the money used to run Tickmill. The only thing that these funds are used for is trading activities.
