TickTick Trader provides a range of funding options tailored to traders of different expertise levels and trading methods. Their selection includes Evaluation Accounts, Express Plans, and Direct Accounts, each adhering to distinct trading regulations and risk levels. The platform delivers market news, permits flexible trading days, and presents features like TickTickDrawdown and TTTPerformance Accounts for optimizing trading approaches.
To effectively engage with TickTick Trader, one must access their Data Feed Provider and Trading Software, compatible with various providers like Rithmic and Tradovate, as well as trading platforms such as Bookmap, NinjaTrader, and Jigsaw DayTradr.
Security in payouts is assured through their partnership with Deel. Payout protocols for Direct and TTTPerformance Accounts offer incentives for sound trading practices. Consistently positive user feedback applauds the platform's diverse offerings, sophisticated software, swift payouts, efficient evaluation procedures, and top-notch customer service. These factors collectively establish TickTick Trader's credibility as a dependable proprietary trading platform.
Company Background
Founded in February 2022, TickTick Trader is an innovative trading platform that traces its origins back to 2004 when its founders ventured into the trading world. Over the years, they gained insights from diverse trading environments, prop firms, and platforms, revealing common pitfalls and opaque practices. This motivated them to counter the complexity and lack of transparency by establishing their own platform.
From March 2020 to February 2022, the TickTick Trader founders meticulously transformed their vision into reality. Their extensive knowledge of financial markets, combined with innovative thinking, culminated in a platform tailored for modern futures traders.
Central to TickTick Trader's ethos is empowering traders toward financial independence. The platform was purposefully designed for clarity, offering logical and easily comprehensible rules that traders can rely on. Recognizing the need for ongoing support in the dynamic trading landscape, they provide round-the-clock assistance across various channels, ensuring swift and secure payouts.
Beyond being just a trading platform, TickTick Trader stands as a brand that prioritizes its clients, distancing itself from the profit-driven practices that have marred the industry's reputation. Their business model is rooted in sharing and empathy, with a firm belief that the prosperity of traders translates to collective success. This compassionate approach, coupled with unwavering dedication to transparency and customer well-being, distinguishes TickTick Trader in the extensive realm of trading platforms.
What Account Types Are Offered?
TickTick Trader presents an array of trader funding models, each tailored to accommodate the diverse preferences and needs of traders. The journey to obtaining funded status commences with an evaluation phase, with progression to the TTTPerformance account upon success. The platform features three primary account categories: Evaluation Accounts, Express Plans, and Direct Accounts.
Evaluation Accounts
The initial category encompasses Evaluation Accounts, subdivided into Starter, Advanced, and Professional tiers.
Starter Evaluation Account: Provides $25K capital, a $1,500 profit target, and permits up to 4 positions. The daily loss limit stands at $500, with a $145 monthly subscription fee.
Advanced Evaluation Account: Offers $50K capital, a $3,000 profit target, and allows up to 10 positions. The daily loss limit is $1,250, with a $160 monthly subscription fee.
Professional Evaluation Account: Grants $100K capital, a $6,000 profit target, and supports up to 14 positions. The daily loss limit is $2,500, with a $285 monthly subscription fee.
Upon reaching the profit target and adhering to trading rules, traders can apply for account verification. Successful verification leads to a Certificate of Achievement, a contract, and progression to the TTTPerformance Account, featuring similar rules along with a Scaling System.
Express Plan
The second avenue, the Express Plan, caters to aggressive and active traders. For $99 spanning fifteen calendar days, traders access a chance to trade up to 14 contracts. The plan boasts a $6,000 profit target and a $3,500 drawdown limit, distinguished by the absence of a daily loss limit. Upon meeting targets and rules, traders qualify for a TTTPerformance Account and receive a subscription fee refund.
Direct Accounts
Lastly, Direct Accounts eliminate the evaluation phase, offering immediate trading with a TTTPerformance Account. These encompass the 10k Direct Swing, 25k Direct, and 50k Direct options, each with distinct trading rules, pricing, daily loss limits, drawdown limits, and position allowances.
TickTick Trader's flexible approach caters to traders, whether they opt for an evaluation initiation or direct entry to a performance account. Through its range of account choices, TickTick Trader accommodates traders of varying skill levels, trading methodologies, and risk thresholds.
Why Choose TickTick Trader?
Advantages of Choosing TickTick Trader as Your Trading Platform
TickTick Trader distinguishes itself as an optimal trading platform for a multitude of reasons:
- Freedom from Minimum Trading Days: Enjoy an accelerated trading experience without the burden of mandatory minimum trading days. Once KYC checks and contract signing are complete, you're ready to dive into trading and pursue your objectives.
- Embrace News Trading: Beyond being a platform, TickTick Trader furnishes you with up-to-date market news, insights, and updates. Real-time data empowers informed decisions, enabling you to stay ahead in your trading endeavors.
- Clearly Defined Maximum Position Size: Various trading plans offer distinct maximum position sizes. Grasping these boundaries and selecting a plan aligned with your trading approach can optimize strategy and risk management.
- TickTickDrawdown Advantage: A distinctive feature, TickTickDrawdown, provides daily evaluations of your trading progress. This vantage point offers a comprehensive view of your performance, aiding necessary adjustments and strategy enhancements.
- Ample Daily Loss Limit and Position Size: TickTick Trader stands apart by granting more flexibility, allowing larger daily loss limits and position sizes. This flexibility holds significant potential, especially in volatile markets, potentially influencing trade outcomes.
- Explore TTTPerformance Account: For traders seeking to elevate skills, the TTTPerformance Account beckons. This premium account tier opens doors to professional tools and resources, empowering you to refine strategies and excel in the market.
In the realm of trading platforms, TickTick Trader emerges as a beacon of flexibility, empowerment, and potential, facilitating your journey to trading success.
Profit Splitting and Payout Arrangements
Distinct Payout Approaches for Direct and TTTPerformance Accounts at TickTick Trader
TickTick Trader has meticulously devised distinct payout frameworks for its Direct and TTTPerformance Accounts, creating an equitable and gratifying system for all traders.
Payout Policy for Direct Accounts
Direct Accounts present enhanced profit potentials coupled with swift withdrawals, bypassing the customary 40 trading days waiting period observed in other accounts.
Upon surpassing the safety threshold, traders can initiate a withdrawal request, with specific safety thresholds and minimum withdrawal limits tailored to each Direct Account type:
- The 10K Direct Swing account features a $1,100 safety threshold and a minimum withdrawal of $250.
- The 25K Direct account boasts a safety threshold of $1,600 and a minimum withdrawal of $250.
- The 50K Direct account showcases a safety threshold of $2,600 and a minimum withdrawal of $500.
During the initial three months, traders receive the entirety of their profits. Subsequently, starting from the fourth month onwards, traders acquire 90% of profits, with the remaining 10% serving as TickTick Trader's commission.
Payout Approach for TTTPerformance Accounts
TTTPerformance Accounts offer straightforward remuneration based on attained outcomes. Once traders surpass the account's safety threshold and engage in a minimum of forty trading days, they are eligible to request their first payout.
What Do I Need To Trade?
Embarking on a trading journey with TickTick Trader necessitates several key components:
- Data Feed Provider: This service delivers real-time or near-real-time market data, encompassing prices, volume, and pertinent information for futures contracts. Rithmic and Tradovate are the endorsed data feed providers within the TickTick Trader framework.
- Trading Software: The pivotal platform for executing trades. TickTick Trader offers a complimentary license key for trading platforms such as Bookmap, NinjaTrader, or Jigsaw DayTradr. Integration with pre-existing trading software is also feasible. This inclusive approach caters to a range of software preferences, including Agena Trader, Sierra Chart, and Trade Navigator.
- Access to Market Data and Depth: During the evaluation phase, non-professional traders are granted complimentary top-of-the-book data for CME, CBOT, NYMEX, and COMEX. For a broader scope of market depth, an optional add-on is available at $12/month per exchange. Market depth for CME can be activated free of charge upon request through the TickTick Trader Member’s Area.
- Data Feed Provider Selection: TickTick Trader focuses on providing real-time market data tailored to financial markets, particularly futures. Traders can select from the supported data feed providers, namely Rithmic and Tradovate. These providers offer reliable and swift market data, empowering traders with informed decisions within the futures domain.
TickTick Trader orchestrates a comprehensive trading environment, spanning an array of trading software options, trusted data feed providers, and market data accessibility. This intricate platform ensures traders have all the indispensable tools and services at their disposal, cultivating an environment conducive to success in futures trading.
TickTick Trader User Reviews
TickTick Trader is commanding global attention and admiration, emerging as a premier proprietary trading firm with exceptional user feedback. Earning a remarkable average rating of 4.8 out of 5 from over 5,617 reviews on Trustpilot, the company's unwavering dedication to superior service, user-centric features, and trader triumphs is striking a chord with its clientele.
Several key themes emerge from these reviews, underscoring the firm's unique qualities:
- Diverse Account Array: Users consistently laud the firm's diverse spectrum of account choices. Notably, the TTT 10K Direct Swing account garners acclaim for its capacity to hold up to 5 micro contracts overnight and during weekends—a rarity among futures-based prop firms. This account versatility accommodates a broad range of trading styles and capital levels, democratizing prop trading's benefits.
- Cutting-edge Trading Software: TickTick Trader's strategic alliances with top-tier trading platforms like Bookmap garner favorable reception. The integration of sophisticated software tools enhances the trading experience, empowering users to make well-informed decisions.
- Swift Payouts: Numerous reviews underscore the promptness of the firm's payouts. Traders express pleasant astonishment at the expeditious receipt of profits, reflecting the company's operational efficiency and respect for traders' time.
- Accessible and Expedited Evaluation: The firm's transparent rules and swift evaluation process earn accolades. Reports of users completing the Express account evaluation in as little as two days emphasize the firm's commitment to facilitating rapid advancement.
- Professional and Supportive Team: Reviewers consistently highlight the professionalism of the TickTick Trader team and their genuine investment in traders' success. This nurturing community proves pivotal in the often-challenging journey of becoming a proficient trader.
- Superlative Customer Service: Outstanding customer service emerges as a recurring accolade. The firm gains recognition for its responsiveness, helpfulness, and overall stellar support.
- Well-Structured Plans: The firm's well-crafted, affordable trading plans garner favor among users, extending professional trading opportunities to a broader audience.
TickTick Trader's overwhelmingly positive user reviews firmly establish it as one of the preeminent prop firms. The firm's commitment to fostering an all-encompassing, user-centric trading environment, coupled with robust support mechanisms and a swift payout process, distinctly contributes to its elevated standing among traders.
Final Thoughts – Is TickTick Trader Worth it?
Following an exhaustive analysis encompassing TickTick Trader's offerings, policies, and user sentiment, our verdict is overwhelmingly affirmative—yes, TickTick Trader is undeniably a valuable choice.
TickTick Trader's distinction arises from its steadfast commitment to furnishing a tailor-made trading ecosystem conducive to users' growth and prosperity. Trading policies, including the absence of minimum trading day mandates, expanded daily loss limits and position sizes, and the endorsement of news trading, epitomize a platform that empowers traders with the essential flexibility to seize market prospects.
The assortment of trading software and data feed providers further amplifies the platform's adaptability, permitting traders to align tools and services with their distinctive strategies. Seamlessly structured payout policies for Direct and TTTPerformance Accounts, coupled with a notably competitive profit-sharing model, emerge as alluring incentives catering to traders at all proficiency levels.
Moreover, resounding user appraisals underscore the remarkable customer service and user-centric nature of TickTick Trader's platform. These reviews underscore the platform's reliability, seamless payout mechanisms, and authentic value delivered to users.
The collaboration with Deel for payout facilitation exemplifies TickTick Trader's commitment to continuous enhancement, manifesting as secure and convenient payout avenues.
Whether a seasoned expert or a newcomer to trading, TickTick Trader extends an unparalleled trading journey tailored to your aspirations and requisites. Our robust recommendation? Hesitate no more. Embrace TickTick Trader, and watch your trading journey ascend to new heights.
FAQ's
1. What is TickTick Trader? TickTick Trader is a proprietary trading platform that offers diverse funding models for traders. It provides Evaluation Accounts, Express Plans, and Direct Accounts, each catering to different trading styles and skill levels.
2. What are Evaluation Accounts? Evaluation Accounts are a starting point for traders to demonstrate their skills. There are different tiers, such as Starter, Advanced, and Professional, each with varying capital, profit targets, and rules.
3. What is the Express Plan? The Express Plan is a specialized Evaluation Account for active traders. Traders pay a fee for a short period and trade with higher limits. If they meet the targets and rules, they can transition to a TTTPerformance Account.
4. What are Direct Accounts? Direct Accounts allow traders to skip the evaluation phase and trade directly with a TTTPerformance Account. Different types of Direct Accounts offer distinct rules and capital levels.
5. What is TTTPerformance Account? TTTPerformance Accounts are for verified traders who have met evaluation or Express Plan criteria. They offer professional tools, resources, and higher profit splits.
6. What trading software is supported by TickTick Trader? TickTick Trader supports trading platforms like Bookmap, NinjaTrader, and Jigsaw DayTradr. Traders can also integrate their existing trading software.
7. How does the payout policy work for Direct Accounts? Direct Accounts offer instant withdrawals once traders surpass the safety threshold. Payouts are available from the first three months with a 100% profit share, and from the fourth month onwards, traders get 90% of profits.
8. What is the payout policy for TTTPerformance Accounts? TTTPerformance Accounts offer direct payment based on results. Traders can request payouts after exceeding safety thresholds and trading for at least forty days. The payout share is 100% for the first three months and 90% thereafter.
9. How secure are the payouts? TickTick Trader partners with Deel for secure payout disbursement. Various payment methods like Coinbase, PayPal, Payoneer, Revolut, and Wise are supported.
10. What is the cost of accessing additional market depth? Traders can purchase additional market depth for exchanges at $12/month per exchange. CME market depth can be enabled for free upon request.
11. What is the overall user sentiment about TickTick Trader? TickTick Trader has received overwhelmingly positive user reviews, emphasizing its diverse offerings, efficient payouts, advanced trading software, and exceptional customer service.
12. How does TickTick Trader prioritize transparency and trader success? TickTick Trader aims to provide a transparent and user-friendly trading environment, offering different funding options to cater to traders' needs and fostering a community that values traders' success.
13. How can I get started with TickTick Trader? You can begin by selecting the appropriate account type based on your trading style and skill level. Follow the platform's guidelines for evaluation or direct entry, and make use of the supported trading software and data feed providers.
