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When joining a reputable broker like Tickmill, one of the most attractive benefits for traders is the Tickmill rebate or Forex Cashback program. These programs reward traders by returning a portion of the spread or commission paid on each trade. However, not every trader automatically qualifies for rebates—eligibility depends on a few key factors.
In this article, we’ll explain exactly what determines your Tickmill rebate eligibility as a new client, how to qualify, and how to make the most of your cashback rewards.
Understanding What a Tickmill Rebate Is
Before diving into eligibility requirements, it’s important to understand what a Tickmill rebate actually is.
A rebate—sometimes called
Forex Cashback
is a reward system where Tickmill gives back part of the transaction cost you incur when trading. For example, if you open and close trades frequently, each completed trade earns you a small cashback that’s credited to your account.
This system benefits all types of traders by effectively reducing trading costs, improving profitability, and encouraging consistent trading activity. The more you trade, the more rebates you accumulate.
The Basic Eligibility Criteria for New Clients
If you are a new Tickmill client, your eligibility for the rebate program depends on several straightforward factors:
Account Registration and Verification
To be eligible for any
Tickmill rebate
, you must first open a verified trading account. Tickmill requires all new clients to complete the Know Your Customer (KYC) process—submitting proof of identity and residence. This verification ensures compliance with international financial regulations and safeguards against fraud.
Only fully verified accounts are eligible to participate in cashback or rebate programs. Unverified or demo accounts are not eligible.
Account Type Selection
Tickmill offers several account types—Classic, Pro, and VIP—and each may have different rebate conditions.
Classic Account: Typically offers rebates based on spreads.
Pro Account: Involves lower spreads but higher commission-based rebates.
VIP Account: Designed for high-volume traders and usually features the most attractive rebate rates.
As a new client, your chosen account type directly affects your eligibility and potential cashback rate.
Minimum Trading Activity
To qualify for and maintain rebate rewards, Tickmill usually requires a minimum trading volume. For instance, you may need to trade at least one standard lot within a specific timeframe. The more you trade, the higher your Forex Cashback potential becomes.
This ensures that rebates are given to active traders who contribute meaningfully to the trading environment.
Partner or IB (Introducing Broker) Enrollment
Some rebate programs are offered through affiliate or IB partnerships. If you joined Tickmill via an Introducing Broker (IB), your rebate eligibility might depend on whether your account is linked to that partner. Make sure you register through the correct referral link or request support to attach your account to an eligible IB.
Read more:
How Tickmill Calculates Rebate Amounts?
Once you meet the eligibility requirements, your rebate will be calculated based on your trading volume, account type, and the instruments you trade. For example:
- A trader using a Pro account might earn a fixed cashback per traded lot.
- A Classic account holder might receive a percentage of the spread refunded.
- The rebate is usually credited daily or weekly, depending on Tickmill’s payout cycle.
Tickmill’s transparent calculation structure ensures that every qualified trader receives fair and accurate cashback without delay.
Maintaining Eligibility and Avoiding Disqualification
Even if you qualify initially, certain factors may affect your ongoing eligibility:
Inactivity: Accounts that remain inactive for extended periods may stop receiving rebates.
Violations of trading terms: Using abusive strategies (such as arbitrage or latency exploitation) may result in disqualification.
Account changes: Switching account types or partners might temporarily pause your rebate accrual.
To maintain eligibility, always trade responsibly, adhere to Tickmill’s terms and conditions, and keep your account active.
Why Eligibility Matters for Your Trading Strategy?
Understanding rebate eligibility isn’t just about earning extra money—it’s about strategic cost management.
The Tickmill rebate system effectively reduces your transaction costs, meaning you can trade more efficiently. For example, if your average spread cost is 1.5 pips, and you earn 0.3 pips per lot in cashback, your net cost drops by 20%. Over time, these savings significantly improve your profitability and risk-reward balance.
Thus, ensuring your eligibility and maximizing rebate returns should be an integral part of your trading plan.
How to Check Your Rebate Status?
As a new client, you can easily confirm your eligibility by:
- Logging into your Tickmill Client Area.
- Checking the Rebate or Cashback section for account status.
- Contacting Tickmill’s Customer Support or your IB if you’re unsure.
Tickmill provides full transparency regarding rebate tracking and payout history, giving traders complete control over their rewards.
Conclusion
It mainly depends on having a verified account, selecting the right account type, maintaining consistent trading activity, and ensuring you’re linked to an eligible rebate partner. By meeting these criteria, you can take full advantage of Tickmill’s Forex Cashback system—reducing your costs and boosting your trading performance.
Author: Asim Rahman
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