Quick Facts
Tickmill withdrawal processing time typically takes 1-3 business days.
Withdrawal methods include Bank Wire, Credit/Debit Cards, Skrill, Neteller, and other e-wallets.
Some withdrawal methods may incur fees, such as Bank Wire transfers.
Minimum withdrawal amounts vary depending on the method, typically $10-$100.
Maximum withdrawal amounts also vary, but are generally high or unlimited.
Withdrawals can be made in multiple currencies, including USD, EUR, and GBP.
Accounts must be fully verified before withdrawals can be processed.
Withdrawal processing only occurs on business days, Monday-Friday.
Withdrawals may not be processed on non-trading days, such as weekends and holidays.
Clients can track the status of their withdrawal through the Tickmill client portal or mobile app.
My Personal Experience with Tickmill Withdrawal Processing Time
As a trader, one of the most important aspects of dealing with a broker is the withdrawal process. You want to know that your hard-earned profits are safe and can be accessed quickly and easily. In this article, I’ll share my personal experience with Tickmill’s withdrawal processing time, the pros and cons, and what you can expect as a trader.
The Importance of Fast Withdrawals
As a trader, I’ve had my fair share of brokerages that make withdrawals a hassle. Delayed processing times, unnecessary documentation, and even hidden fees can make it difficult to get your money out. That’s why I’m always on the lookout for brokers that prioritize speed and ease of withdrawal.
My Experience with Tickmill Withdrawal Processing Time
I opened an account with Tickmill in 2020 and deposited $1,000 to start trading. After a few successful trades, I decided to withdraw $500 to test the withdrawal process. I submitted my request on a Tuesday afternoon, and to my surprise, the funds were in my bank account by Thursday morning. The processing time was approximately 48 hours, which was impressive considering the usual 3-5 business day processing time offered by most brokers.
How Tickmill’s Withdrawal Process Works
To understand how Tickmill’s withdrawal process works, let’s break it down step-by-step:
- Submit Your Withdrawal Request: Log in to your Tickmill account and submit a withdrawal request specifying the amount and payment method.
- Verification Process: Tickmill’s support team reviews your request and verifies your identity and payment information. This step usually takes a few hours to complete.
- Processing Time: Once verified, the withdrawal request is processed, and the funds are disbursed to your payment method. This step typically takes 1-2 business days.
- Funds Received: The funds are credited to your bank account or payment method, and you’re good to go!
Pros and Cons of Tickmill’s Withdrawal Process
Here are some pros and cons of Tickmill’s withdrawal process based on my experience:
Pros:
- Fast Processing Times: Tickmill’s withdrawal processing times are relatively fast, with most requests processed within 48 hours.
- No Hidden Fees: Tickmill doesn’t charge any hidden fees for withdrawals, which is a big plus.
- Multiple Payment Options: Tickmill offers various payment options, including bank wire transfer, credit/debit cards, and e-wallets like Skrill and Neteller.
Cons:
- Minimum Withdrawal Amount: Tickmill has a minimum withdrawal amount of $30, which might be a drawback for some traders.
- Verification Process: While the verification process is necessary for security reasons, it can be a bit lengthy and may delay the withdrawal process.
Comparison with Other Brokers
| Broker | Withdrawal Processing Time |
|---|---|
| 1-2 business days | |
| Forex.com | 2-5 business days |
| FXTM | 24-48 hours |
| AvaTrade | 1-3 business days |
Tips for a Smooth Withdrawal Experience
To ensure a smooth withdrawal experience with Tickmill, follow these tips:
- Verify Your Account: Make sure your account is fully verified before submitting a withdrawal request to avoid delays.
- Use the Correct Payment Method: Ensure you’re using the correct payment method to avoid any issues with the withdrawal process.
- Submit Your Request During Business Hours: Submit your withdrawal request during business hours to expedite the processing time.
Frequently Asked Questions:
Get the answers to your questions about Tickmill withdrawal processing time below:
Q: How long does it take to process my withdrawal request?
Q: What are the business days for withdrawal processing?
Q: Can I cancel my withdrawal request?
Q: How will I be notified about the status of my withdrawal request?
You will receive an email notification when your withdrawal request is processed. You can also check the status of your withdrawal request in your Tickmill client area.
Q: What are the cut-off times for withdrawal processing?
The cut-off times for withdrawal processing are 12:00 (noon) EET/EEST. Withdrawal requests received after the cut-off time will be processed on the next business day.
Q: Can I withdraw funds to a different payment method than the one I used for deposit?
No, Tickmill’s anti-money laundering policy requires that withdrawals be made to the same payment method used for deposit. If you want to withdraw funds to a different payment method, please contact our customer support team to discuss your options.
Q: Are there any fees associated with withdrawals?
