DreamTicks provides retail traders with funded accounts ranging from $10K to $200K through a 2-step evaluation program. What are the challenge rules and conditions on DreamTicks prop firm?
We’ll explore the challenge accounts, drawdown limitations, leverage options, available assets, trading fees, trust scores, customer support, and many more in this DreamTicks review.
DreamTicks (An Introduction to the Proprietary Trading Firm)
DreamTicks was founded in 2021 amidst the COVID-19 pandemic. The firm's core offering revolves around funded trading accounts, with capital ranging from $10,000 to an impressive $200,000. Key features of DreamTicks:
- Up to 90% profit split for successful traders;
- A two-stage evaluation process: Challenge, Verification, and Funded Account;
- Instant profit payouts, ensuring quick access to earnings;
- Flexible account scaling options up to $1,000,000;
- Optional leverage enhancements and increased profit share;
- Refundable registration fees, minimizing financial risk for participants;
- 24/7 support.
DreamTicks Table of Specifications
Understanding the key specifications of DreamTicks is crucial for traders considering this platform. Here's a comprehensive table outlining the essential features of the prop firm.
Account currency | USD |
Minimum price | $99 |
Maximum leverage | 1:60 (add-on) |
Maximum profit split | Up to 90% (add-on) |
Instruments | Forex, Indices, Metals, Crypto, US Shares |
Assets | 90+ |
Evaluation steps | 2-Step (Evaluation, Verification) |
Withdrawal methods | Crypto |
Maximum fund size | $1,000,000 |
First profit target | 8% |
Max. daily loss | 5% |
Challenge time limit | Unlimited |
News trading | N/A |
Maximum total drawdown | 10% |
Trading platforms | N/A |
Commission | N/A |
TrustPilot score | Doesn’t have a profile |
Payout frequency | Bi-Weekly |
Established country | N/A |
Why DreamTicks? (Pros & Cons)
As with any trading platform, DreamTicks has its own advantages and disadvantages. To have a balanced look, let’s explore these factors.
Pros | Cons |
High capital on funded accounts up to $200,000 | Lack of transparency about the company and its founding team |
Generous profit split up to 90% | No live chat support |
Instant payouts of earned profits | Limited tradable assets |
Refundable registration fees | Limited payment options |
Funding Plans and Pricings on DreamTicks Prop Firm
When it comes to funded accounts, DreamTicks has only one offering. The two-stage evaluation program is designed to cater to traders at different levels of experience and capital requirements.
Funded Account | Price |
$10k | $99 |
$25K | $199 |
$50K | $299 |
$100K | $499 |
$200K | $979 |
DreamTicks Challenge Account (Rules and Conditions)
The 2-step evaluation plan has simple rules requirements in regard to drawdown limitations, trading duration, and etc.
Conditions | Evaluation (Phase 1) | Verification (Phase 2) | DreamTicks Trader (Funded Account) |
Profit Split | - | - | 90% |
Duration | Unlimited | Unlimited | Unlimited |
Min Trading Days | 5 | 5 | - |
Profit Target | 8% | 5% | - |
Max Daily Loss | 5% | 5% | 5% |
Max Total Drawdown | 10% | 10% | 10% |
Leverage | 1:30 | 1:30 | 1:30 |
DreamTicks Bonus and Promotional Programs
While the prop firm doesn’t offer traditional promotions, it compensates by offering various attractive add-ons that can boost your earning potential.
- Double Leverage: Double the initial leverage of 1:30 to 1:60;
- Increased Profit Split: Jump from 80/20 to 90/10 profit share;
- No Stop Loss: Remove the Stop Loss requirement from your trading.
DreamTicks also offers a dedicated referral program. However, the affiliate portal on the firm’s official website is not active at the time of writing this DreamTicks review.
DreamTicks Prop Firm Trading Assets
The firm offers diverse trading assets, catering to various trader preferences and market opportunities. The available asset classes on DreamTicks:
- Forex: Seven major currency pairs (EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD, USD/CAD, USD/CHF) and 21 cross rates (e.g., AUD/CAD, CAD/CHF);
- Indices: Nine of the most popular global stock market indices (e.g., DAX, ESP35, EUSTX50, FRA40, JPN225, NAS100, SPX500, UK100, and US30);
- Crypto: CFDs on 23 major cryptocurrencies, including ADA, AVA, BAT, BCH, BTC, BNB, DASH, DOGE, DOT, EOS, and ETH;
- US Shares: 27 of the American industry giants like AAPL, AMZN, BA, BAC, CSCO, CVX, FDX, GOOG, HP, and INTC;
- Metals: CFDs on five precious metals, including Copper, Gold, Silver, Gold Pro, and Platinum.
DreamTicks Payment Options
One of the biggest weaknesses of the firm is its limited list of payment options. DreamTicks only supports Crypto transactions for deposits and withdrawals.
- Bitcoin (BTC);
- Ethereum (ETH);
- Litecoin (LTC);
- Dogecoin (DOGE);
- Tether (USDT-ERC20);
- USD Coin (USDC -ERC20).
Does DreamTicks Charge Commission and Fees?
The firm’s lack of transparency goes on in regard to its fee structure. While there is no specific data about the trading commissions, we can explore the spreads for various instruments.
Financial Instrument | Spread (Pips) |
EUR/USD | 25 |
USD/CAD | 9 |
EUR/AUD | 118 |
SPX500 | 50 |
BTC/USD | 6801 |
AAPL | 25 |
XAU/USD | 87 |
It’s safe to say that DreamTicks’ spreads are pretty high compared to other competitors, and you should consider it before committing any funds.
DreamTicks Trust Scores
Trust is paramount in proprietary trading, and DreamTicks hasn’t earned it yet. While the firm has more experience than some of its competitors, it doesn’t have a solid standing among traders or on reputable review websites.
DreamTicks doesn’t have a profile on any reliable review sources like TrustPilot and Reviews.io. Before purchasing challenge accounts, you must consider these facts:
- Lack of transparency about the company’s history and its founding team;
- Poorly developed website and non-responsive customer support;
- No specific information about the trading costs;
- No profile on review websites.
We strongly advise you to do thorough research before purchasing any of the DreamTicks challenge accounts.
DreamTicks Prop Firm Support Channels
While the firm boasts 24/7 chat support, there is no button on the website to initiate this feature. This leaves us with only three contact channels, including:
support@dreamticks.com | |
Ticket | Available on the “Contact Us” page |
Discord Community |
DreamTicks Social Media Handles
Maintaining an active presence on social media platforms is an indicator of DreamTicks’ dedication to its clients and showcases if the trading community has accepted the prop firm.
- Facebook: No activity with only one follower;
- Instagram: 4 posts with only 17 followers;
- YouTube: The channel doesn’t exist anymore;
- Discord: Not active.
Expert Suggestions
DreamTicks offers funded accounts with trading capital of up to $200,000 to smooth traders’ journey in various financial markets, including Forex, Indices, Metals, Crypto, and US Shares.
DreamTicks prop firm has neither a regulatory license nor an active community. Therefore, we advise you to tread carefully. Share your thoughts about the DreamTicks review in the comments.
