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TickTickTrader Review 2024

Website: www.tickticktrader.com

Min. Deposit: US$ 145

Leverage:

Trading Platforms: NinjaTrader, Bookmap, Rithmic, and Jigsaw DayTradr

Regulation: USA

Headquarters: USA

Founded: 2022

Regulatory Licenses:

- TickTickTrader — registered in USA company number 2587648

Updated on February 26, 2024

Quick Links


Our Review Method ▲

In our quest to provide the most accurate and comprehensive review of TickTickTrader, we have adopted a meticulous approach. We compared TickTickTrader against over 1000 brokers, assessing them based on criteria such as fees, platform features, customer support, regulatory compliance, and trading conditions. Our evaluation also included user testimonials, expert opinions, and direct testing of the platform’s capabilities. This thorough methodology ensures that our review is not only based on theoretical analysis but also on practical experience and real user feedback, offering a balanced perspective on what traders can expect from TickTickTrader.


What is TickTickTrader?

TickTickTrader, which launched in February 2022, is a cutting-edge platform dedicated to enhancing the futures trading experience for both novice and seasoned traders alike. The founders, leveraging over twenty years of trading expertise, set out to establish a platform that stands out for its commitment to transparency and trader-centric values. They sought to address the gaps they identified in other proprietary trading firms. TickTickTrader is characterized by its user-friendly interface, around-the-clock customer support, and prompt, secure payment processing, all aimed at empowering traders towards achieving financial autonomy.


TickTickTrader Pros and Cons ▲

Pros

  • Offers a userfriendly interface designed for traders of all experience levels

  • Provides 24/7 customer support ensuring that traders have assistance whenever needed

  • Features fast and secure payment processing methods for hasslefree withdrawals

Cons

  • Being a relatively new platform, it may not have the same track record as more established brokers

  • Limited information available on trading conditions and fees, which could affect transparency


Is TickTickTrader Legit?

TickTickTrader has garnered a reputation as a trustworthy platform, backed by a plethora of positive reviews and its establishment within the United States, a nation known for its stringent financial regulations. The platform's favorable user testimonials highlight its dependability, while its compliance with rigorous regulatory standards boosts trust and confidence among its clientele.


The platform's TrustPilot reviews have accumulated an impressive rating from its user base. This high rating is a testament to the firm's dedication to quality service, focus on user needs, and commitment to facilitating trader success.


Unlike forex brokers, proprietary trading firms are not bound by forex broker licenses, resulting in less regulatory scrutiny and oversight by industry regulators. This inherently reduces their security level. Given that such companies oversee their operations and provide the capital for trading activities, understanding all associated risks is vital.


Is TickTickTrader Scam?

A thorough examination of the official website revealed no indications that TickTickTrader is a scam, with many users voicing their satisfaction in their reviews. Nevertheless, it's crucial to recognize that proprietary trading firms face limited oversight by financial regulators, complicating the definitive assessment of the firm's legitimacy.


TickTickTrader Challenge Evaluation Rules ▲

The focal point of our assessment revolves around comprehending the structure of the evaluation challenge and the prerequisites for participating in the trading challenge. This encompasses elucidating the type of assessment required to secure a Funded Trading Account and commence a career as a Proprietary Trader, in addition to highlighting the primary costs involved, chiefly the Registration Fee, for traders aspiring to join.

The evaluation process offered by TickTickTrader is streamlined into a one-step process. The firm also provides express funding, enabling traders to swiftly access capital for their trading endeavors. This express funding option is especially advantageous for traders eager to commence trading without delay.


Evaluation accounts are operated in a simulated trading environment designed to closely replicate live market conditions. This arrangement allows traders to showcase their trading prowess and strategy without the risk associated with real funds. Upon successful completion of the evaluation phase, traders are transitioned to a TTTPerformance Account, where they can begin to profit from their trading activities.


Account Balance and Registration Fee ▲

Prior to initiating the TickTickTrader login process, it is essential to select the Model and Account Balance you aim to qualify for. The conditions of the challenge vary based on the chosen size, which also influences the registration fee payable to the company for participation in the challenge. Notably, TickTickTrader offers a registration fee refund upon becoming a Funded Trader. See our Registration Fee comparison table below:

Evaluation accounts are segmented into several tiers: Starter, Advanced, and Professional, featuring initial capitals ranging from $25,000 to $100,000 and subscription fees spanning from $145 to $285 per month. Additionally, there's an Express Plan tailored for more aggressive traders, providing a quicker route to becoming a funded trader with its distinct conditions and costs.


These plans are crafted to cater to different trading levels and objectives, offering a structured pathway towards earning through trading activities in a simulated market environment.


TickTickTrader distinguishes itself by offering a diverse and supportive environment for futures trading, marked by transparent and trader-centric policies. It excels in providing flexible account options, comprehensive risk management tools, and complimentary licenses for leading trading platforms, rendering it an attractive choice for both novice and seasoned traders aiming to thrive in the futures market.


The TickTickTrader Express Funding option appeals to traders seeking a fast track to becoming funded traders. This option is noted for its streamlined evaluation process and unique trading conditions, tailored for those preferring an accelerated trading experience.


Profit Target ▲

The profit target set by TickTickTrader stands at 6% across all evaluation accounts, as well as the Express Funding account. This uniform target across various account types ensures that all traders have a consistent and clear objective, regardless of the initial capital size they commence with during the evaluation phase.


Maximum Loss ▲

TickTickTrader enforces maximum loss limits as a percentage of the initial capital across its accounts: 6% for the Starter ($25,000), 5% for the Advanced ($50,000), and 3.5% for the Professional ($100,000) Evaluation Accounts. This approach underscores a structured risk management strategy.

It's imperative to adhere to all predefined rules during the challenge stage. Non-compliance may lead to the termination of your test. In such instances, you'll be obligated to reset the challenge, incurring an additional reset fee to reinitiate from the beginning.


Minimum Trading Period ▲

TickTickTrader imposes no minimum trading period for its evaluation accounts or the Express Funding account. This leniency grants traders the liberty to operate at their preferred pace, enabling them to meet the profit targets without being restricted by a requisite number of trading days.

See the detailed table with TickTickTrader evaluation conditions based on Account Size:


Free Trial ▲


Funded Account ▲

Upon completing the evaluation challenge successfully, traders are granted access to a funded account. This process is generally completed within a few business days following the successful completion of the test. The initial conditions and balance of the funded account are directly reflective of the level for which the trader qualified during their evaluation. For those wishing to access a higher-tier account, it is necessary to retake and pass the evaluation challenge to qualify for the upgraded account balance.


Profit Split

TickTickTrader implements a profit-sharing model that substantially benefits the traders. During the first three months of trading, traders retain the entirety of the profits they generate. After this initial period, the profit retention rate adjusts to 90%. This variation in profit split is designed to motivate traders towards sustained trading success.


TTTDirect Accounts

TickTickTrader also offers Direct Accounts, allowing traders immediate access to trading capital without the need for an evaluation period. These accounts come with various capital allocation levels and trading conditions. Similar to the profit split model of the funded accounts, traders enjoy a 100% profit retention rate for the first three months, which then adjusts to a 90% retention rate. This model is aimed at attracting proficient traders who are ready to manage the capital effectively and apply their trading strategies from the get-go.


Account Conditions ▲

Our team conducts a thorough review of the broker’s available account options, trading platforms, instruments, and associated trading costs. We also closely examine the leverage offered and the specific trading conditions, noting any restrictions on trading strategies or practices in funded accounts. Violating these conditions can result in the loss of the account, necessitating a reevaluation to regain access.


Pros

  • Comprehensive range of trading instruments

  • Attractive profit split arrangement

Cons

  • Restrictions on trading strategies and practices


Trading Instruments

TickTickTrader facilitates futures trading across various markets, including CBOT, NYMEX, CME, and COMEX. An expansive selection of trading instruments is available, encompassing micro futures, equity futures, currency futures, interest rate futures, agricultural futures, energy futures, and metal futures. Notable options include the Micro E-Mini S&P 500, Crude Oil, and Gold, providing traders ample opportunity to diversify their trading strategies.


TickTickTrader Commission

A commission of $0.6 per side or $1.20 per round trip is applied to trading micro contracts, whereas mini contracts incur a commission of $5 per round trip. These commission fees are critical in managing your daily drawdown, underscoring the importance of trade management within the prescribed loss limits.


Leverage


TickTickTrader App Platform

Several trading platforms are available to TickTickTrader users, including NinjaTrader, Bookmap, Rithmic, and Jigsaw DayTradr. These platforms are celebrated within the trading community for their advanced functionalities, such as real-time data visualization, comprehensive market analysis tools, and the ability to customize trading strategies. This variety ensures that traders can select the platform that aligns best with their individual trading style and preferences.


Trading Conditions

TickTickTrader has crafted a set of conditions to accommodate the varied needs of traders engaging in their funded account programs. This framework is designed to be inclusive of traders across all levels of experience and trading styles. Within specified trading hours, traders are permitted to execute a wide array of strategies, including trend following, mean reversion, scalping, swing trading, and high-frequency trading (HFT). The platform encourages trading across a range of futures and forex instruments on major exchanges, with an emphasis on adherence to trading schedules and market-specific regulations.


TickTickTrader Promotions

A variety of promotional offers and discounts are periodically available through TickTickTrader, including discounts on TTTDirect Accounts, special reset offers, and promotional discounts on standard plans. These promotions are part of TickTickTrader’s ongoing commitment to delivering value to its user base, with previous promotions featuring bundle deals and special offers for account resets.


Payout ▲

Traders are eligible to request monthly payouts from TickTickTrader, following the achievement of minimum profit thresholds and compliance with any account-specific conditions. The processing times for withdrawal requests and the actual transfer of funds may vary, dependent on the selected withdrawal method and any necessary internal verification processes.


Withdrawal Method

To facilitate ease of access to funds, TickTickTrader offers a range of withdrawal methods, including ACH/Wire Transfer, PayPal, and various cryptocurrencies. This diversity in withdrawal options ensures traders can choose the method that best suits their preferences, allowing for a smooth and efficient payout process​.

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