Published:
Modfied:
202

TickTick Trader Review 2024

Rate:
0
TickTick Trader Review 2024
Copy TradingInstant Funding
Go to Website
Your Capital is at risk.

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:TickTick Trader
Founded:2022
Headquarter:Isle of Man
Min Price:$87
Max Fund:$300,000
Challenges:10
About
TickTick Trader is a futures prop firm offering up to 100% profit splits, instant funding, and advanced trading platforms. Founded in 2022 in the Isle of Man, it has a Trustpilot rating of 4.7/5. Drawbacks include monthly fees and no scaling options.
Contact
Second floor, exchange house, athol street, Douglas, im1 1jd, Isle of Man
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Instant Funding Plans
Access To Various Advanced Trading Platforms (NinjaTrader, Tradovate, Bookmap, Etc.)
Copy Trading Option
A Generous Profit Sharing of Up to 100%
Cons
Monthly Fees Instead of One-Time Payments for Some Plans
Strict Evaluation Rules
No Scaling for Funds

TickTick Trader is a futures prop firm that offers an attractive profit split of 100%, which is rare compared to its competitors. Also, it provides access to instant funding via its direct plans.

But is this prop firm actually suitable for you and your approach? In this thorough TickTick Trader review, we will explore everything about this company and its services, so you can get a clear picture of it.

TickTick Trader
A comprehensive review of TickTick Trader with pros, cons, and key specifics

Company Details and Specifications

TickTick Trader, established in February 2022 and headquartered in the Isle of Man, is a prop trading firm designed to "help traders achieve financial independence", as stated on the official website. They strive to accomplish this through:

  • Offering a transparent and professional platform;
  • Providing expert-driven support;
  • Ensuring fast and reliable payouts;
  • Organizing trading competitions like the Quantum Quest 24;
  • Operating the TickTick Arcade, a community-driven platform for elite futures traders.

Most prop firms do not reveal any data regarding their address and location, but TickTick has put its address on its website, which is a sign of transparency. TickTick Trader's Address: Second floor, exchange house, athol street, Douglas, im1 1jd, isle of man.

Summary Of Features

TickTick Trader offers a comprehensive suite of features for aspiring and experienced futures traders. Let's break down the key elements that make this prop firm what it is:

Account Currency

USD

Minimum Price

$87

Maximum Leverage

Not Specified

Maximum Profit Split

100%

Instruments

Futures on Currencies, Equities, Micro Symbols, Metals, Agricultural Products, and Energies

Assets

+30

Evaluation Steps

1-Step

Withdrawal Methods

Credit/Debit Cards, Crypto

Maximum Fund Size

$300K on a Bundle Account

First Profit Target

6%

Max. Daily Loss

Up to 3.5%

Challenge Time Limit

Not Specified

News Trading

Allowed

Maximum Total Drawdown

Up to 10%

Trading Platforms

NinjaTrader, Bookmap, Daytradr

Commission Per Round Lot

Varies

Trustpilot Score

4.7/5

Payout Frequency

Not Specified

Established Country

Isle of Man

Established Year

2022

Significant Benefits and Critical Drawbacks

To help you get to an informed judgement of the firm, let's explore the pros and cons of TickTick Trader:

Benefits

Drawbacks

Access To Various Advanced Trading Platforms (NinjaTrader, Tradovate, Bookmap, Etc.)

Monthly Fees Instead of One-Time Payments for Some Plans

A Generous Profit Sharing of Up to 100%

No Scaling for Funds

Instant Funding Plans

Strict Evaluation Rules

Copy Trading Option

-

Funding Plans & Challenge Prices On TickTick Trader

TickTick Trader offers a various range of funding options to suit different trader needs and experience levels. Here's a breakdown of their pricing and funding structure for "Evaluation" accounts:

Monthly Fee

Funding

$87

$25K

$96

$50K

$171-$198

$100K

Now, let's take a look at the "Direct" plans in the mentioned prop firm:

One-Time Fee

Funding

$229

$10K

$349

$25K

$699

$50K

Finally, we are going to investigate the fees and account sizes of "Bundles". To be precise, these plans include 3 accounts at the same, hence the triple funding size:

One-Time Payment

Funding

$239

$25K ($75K)

$269

$50K ($150K)

$479

$100K ($300K)

Also, for bundle plans, there's a activation fee of $149 per validated account.

Signing Up and Verification on TickTick Trader

Opening an account with this company is a short and easy process. Follow these steps to get started:

TickTick Trader
"Join Now" button on TickTick Trader's website for signing up
  1. Visit the website's home page and click on the "Join Now" button;
  2. Choose your preferred market data feed, payment method, and account type;
  3. Fill out the registration form with your personal details, including name, email address, phone number, address, and create a username & password;
  4. Make the payment for the chosen program.

Now, you have created your account and are ready to take on a challenge. No verification is required on this firm.

Evaluation Rules and Conditions

TickTick Trader offers two main paths to funded trading: a one-step evaluation model and instant funding options. Let's break down each approach in the next sections.

One-Step Evaluation Model

There are two sets of evaluation programs in this category: Normal and Bundle. Let's review the rules for each set in the table below:

Account

Normal

Bundle

Profit Target

6%

Max. Contracts

4-10-14 (Varies Based on the Fee and Funding)

Max. Daily Loss

2.5%

Max. Tick Drawdown

6%-5%-3.5% (Varies Based on the Fee and Funding)

N/A

Instant Funding (Direct Accounts)

These plans are for those who want instant access to the funds. Here are the ground rules:

Max. Contracts

5 Micro-4-10 (Varies Based on the Fee and Funding)

Max. Daily Loss

3.5%-2%-2.5% (Varies Based on the Fee and Funding)

Max. Tick Drawdown

10%-6%-5% (Varies Based on the Fee and Funding)

Does TickTick Trader Prop Firm Offer Any Bonuses And Promotions?

Based on our investigations on the website and various reliable sources, currently the prop firm doesn't explicitly advertise ongoing bonuses or promotions. However, they have put some of their evaluation plans on a discount. This could be considered as a promotion in a way.

Follow TickTick Trader on social media platforms and check their website regularly for any announcements regarding discount codes.

Which Tradable Instruments Are Available On TickTick Trader?

The prop firm focuses on future trading within CME, NYMEX, COMEX, and CBOT exchanges. Therefore, its trading symbols might not be as diverse as some other firms in the industry. Here's a breakdown of the available instruments:

  • Currencies: Australian Dollar, Euro FX, Japanese Yen, etc.;
  • Equities: NKD,, YM, EMD, RTY, ES, NQ;
  • Micro Symbols: MES, MYM, MNQ, M2K;
  • Metals: Gold, silver, copper, platinum, e-micro gold;
  • Agricultural Products: Corn, wheat, etc.;
  • Energies: Oil and gas.

Below is the complete table of symbols existing in the "FAQ" section on the website:

TickTick Trader symbols
Trading symbols and instruments in TickTick Trader

Overall, there are more than 30 assets available for trading on the prop firm.

Available Payment Methods

Like many other prop firms, TickTick Trader offers limited payment options to its partners. Here's an overview of the available methods for funding and receiving payouts:

  • Credit/Debit Cards: Accepted via network merchants Collect.js and WorldPay;
  • Cryptocurrency: Through CoinPayments with TRX, USDC, USDT, Verge, BSC, and BUSD.

Commissions And Costs in TickTick Trader

Understanding the commission structure and associated costs is crucial when choosing a prop firm. Earlier in this article, we reviewed the initial prices and monthly fees for programs on the mentioned prop firm, but there are commissions in trading, too.

Trading spreads and commissions vary depending on the traded symbol. To find out about it, we recommend you to check out the official website in the FAQ section. If there was no exact information, contact the support department.

Trust Ratings and User Reviews

Trust scores on relevant websites such as the Trustpilot gives us an overall view of a prop firm's reliability. TickTick Trader has received scores on the mentioned website:

  • 7 out of 5;
  • Based on over 6,300 reviews;
  • 90% of the ratings are 5-star.
TickTick Trader on Trustpilot
TickTick Trader has received an excellent average score on Trustpilot

The prop firm has achieved an excellent score based on a high number of reviews.

TickTick Trader Support Contact Options

This company offers typical and popular methods for contacting the support team. You can connect with them via these channels:

  • Phone Number: +1 201-754-1528;
  • Email Address: help@tickticktrader.com;
  • Live Chat: On the website;
  • Ticket: In the "Contact" page of the website.

Social Media Pages and Accounts

TickTick Trader posts insights and updates regarding the company, and its services through several accounts on social networks. Here are the links:

Expert Suggestions

TickTick Trader is a futures trading prop firm with up to 100% profit split and instant access to funds through its direct accounts. Also, it has received a great score of 4.7/5 out of more than 3,700 reviews on Trustpilot, which makes it seem like a reliable choice.

However, the monthly fees on some of its accounts might be drawbacks for some traders. Moreover, there's not any kind of scaling offered in this firm.

FAQs

Does TickTick Trader provide educational resources for traders?

This prop firm offers limited educational resources, including a blog with articles on futures trading and an FAQ section addressing common questions.

What's the maximum profit split offered on TickTick Trader?

It offers a profit split of up to 100%.

Does TickTick Trader provide instant funding?

Yes, this firm offers instant funding via its direct accounts.

score of blog
5 From 5.0
(1)
Rate this post
0Comment