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DreamTicks Review 2024

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DreamTicks Review 2024
No Stop-Loss Add-onAffiliate
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Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:DreamTicks
Founded:2021
Headquarter:Malta
Min Price:$99
Max Fund:$1,000,000
Challenges:1
About
DreamTicks is a proprietary trading firm offering $10,000 funded accounts for a $99 price. The firm has a 2-phase evaluation program with a maximum daily drawdown of 5% and a total drawdown of 10%. Profit targets are set to 8% and 5% for each phase. It offers trading Forex, Crypto, Indices, and US Shares with leverage options up to 1:60.
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
High capital on funded accounts up to $200,000
Refundable registration fees
Instant payouts of earned profits
Generous profit split up to 90%
Cons
No live chat support
Limited tradable assets
Lack of transparency about the company and its founding team
Limited payment options

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
A proprietary trading firm with no regulatory oversights and account reset options

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)

DreamTicks Prop Firm Challenge Rules
the challenge cost is 100% refundable upon successfully completing the two evaluation phases

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).
DreamTicks Prop Firm Spreads
A list of Forex major currency pairs spreads on DreamTicks prop firm

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:  

Email

support@dreamticks.com

Ticket

Available on the “Contact Us” page

Discord Community

Join

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.
DreamTicks Prop Firm on Social Media
DreamTicks profile on Facebook with only one follower and one like

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.

FAQs

What is the minimum price for a funded account?

You can purchase a $10,000 challenge account for $99.

How many phases does the evaluation process have?

You should pass two steps before getting funded: Evaluation and Verification.

What is the profit share?

The initial profit split is 80/20 in favor of the trader. However, you can increase it to 90/10 by purchasing an add-on.

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