TickTickTrader VS BluSky Trading Company
TickTickTrader was set up in 2022, with origins in the prop trading industry dating back to 2024. The pioneering futures prop firm was designed by experienced traders who encountered first-hand the difficulties and lack of transparency prevalent in the industry. TickTickTrader is their solution, distinguishing itself in its dedication to helping traders achieve financial independence. Carefully created to be intuitive and simple, the platform’s rules are also clearly set out and very straightforward, meaning traders can place their full trust in the firm.
TickTickTrader place a strong emphasis on their traders, in a departure from the more conventional profit-centric models found elsewhere in the industry. Synthesising a strong understanding of the markets and an innovative drive, the firm is tailored towards modern futures traders looking to achieve financial independence. This business model, rooted in principles of community and sharing, helps create a highly nurturing environment. TickTickTrader is actively invested in the success of its traders, which translates into success for everybody involved. Highly responsive and supportive customer service, available around the clock, helps distinguish the firm even more in an industry with a huge amount of choice on offer.
BluSky Trading Company is another prop trading firm that has garnered significant attention of late, with an impressive performance meaning an increasing number of traders now recommend the firm’s funded futures program as one of the best available. The firm offers a simple range of programs and a static account that can grow in size, making it suitable for a variety of traders.
BluSky’s swift funding process sets it apart, with traders able to qualify for funding in as little as eight days – notably faster than the 10 days required by many other prop firms. It also allows daily withdrawals, with no minimum trading day requirement.
BluSky Trading’s philosophy is to provide capital to successful traders, supporting them and incentivising them to remain partners of the firm. Funded traders start with an 80/20 profit split, which increases incrementally as they generate more profits to 85/15 and eventually 90/10. Exceptionally profitable traders may even receive a personalised payout offer exceeding 90/10.
| BluSky Trading Company is best for: | TickTickTrader is best for: |
| Traders appreciating clear, straightforward trading rules. | Skilled traders with a reasonable level of experience in futures trading. |
| Those seeking an intuitive platform. | Those seeking a substantial profit share. |
| Traders who will benefit from a progressive profit share. | Users who appreciate a range of challenge options and funding level. |
| Those who prioritise flexibility, with no consistency or minimum-day payout restrictions. | Traders who value being part of a supportive community. |
Comparative Table of TickTickTrader and BluSky Trading Company:
TickTickTrader and BluSky Trading are both prominent names in the prop trading industry. Both prop firms share the fundamental premise of providing traders with the chance to demonstrate their trading skills and in turn receiving capital with which to trade, but each has its own distinct features, advantages, and potential challenges. The table below contrasts the offerings of the two firms.
| Feature | BluSky Trading Company | TickTick Trader |
| Instruments | Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures. | Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures. |
| Challenge Types | One Step Evaluation | Two-Stage Evaluation Process |
| Challenge Account Sizes | Premium: $25,000, $50,000, $100,00 & Static: $150,000, $200,000 | Different challenges between $25,000 up to $100,000 |
| Challenge Cost | $109, $232 or Static: $160 to $285 | $145 up to $699/month |
| Minimum Trading Days | 8 days | none |
| Max Position Size | 2 contracts | 4 to 14 contracts |
| Profit Target | $1,500 up to $6,000 | $1,500 up to $6,000 |
| Payout Split | Between 0-$20,000: 80% $20,000-$50,00: 85% >$50,000: 90% >$100,000: personalised offer | 100% payout for the initial three months of withdrawals, with a 90% profit share thereafter. |
Additional Points:
TickTickTrader: TTT Direct Accounts offer increased trading flexibility, larger profit potential, and the extra convenience of instant withdrawals. Choosing a TTT Direct Account allows traders to skip the evaluation process and start trading immediately with a TTT Performance Account.
BluSky Trading: 30% consistency rule stipulates that daily profits can’t surpass 30% of the profit target.
Deeper Dive into BluSky Trading Company vs. TickTickTrader
The following table compares the rules of BluSky and TickTickTrader in more detail.
| Rule Category | BluSky Trading | TickTickTrader |
| Scalping | Allowed | Allowed |
| Day Trading | Allowed | Allowed |
| Swing Trading | Allowed | Allowed |
| Holding Positions Overnight | Not Allowed | Allowed |
| Holding Positions Over Weekends | Not Allowed | Not Allowed |
| Copy Trading | Allowed | Allowed |
| News Trading | Allowed | Not Allowed |
- Max Daily Loss (MDL):
- TickTickTrader: Each trading account has its own daily loss limit, thereby ensuring realistic risk management for each trader. Accounts undergo close monitoring throughout the trading day to determine if traders have reached or exceeded their daily loss limit.
- BluSky Trading Company: BluSky also has a daily loss limit which traders can’t exceed.
- Max Drawdown (MDD):
- TickTickTrader: Throughout the evaluation process, your allowable drawdown (known as the TickTick Drawdown) is calculated at the close of each trading day. It considers only the profit realised up to that moment, disregarding any unrealised profits you might have aimed to make during the day.
- BluSky Trading Company: The firm emphasises the trailing drawdown limit, which is applied in real-time throughout each trade.
- Withdrawal:
- TickTickTrader: For TTTPerformance Accounts, traders are compensated directly based on the profits they have generated. If you stick to the Maintain Consistency Rule and your balance surpasses the minimum safety thresholds, you’ll have immediate access to your profits. TickTickTrader’s most recent payout policy is as follows:
- There is a minimum withdrawal requirement of $250.
- There is a minimum profit balance for each account size required for you to withdraw funds, known as the safety threshold.
- Withdrawals are processed within five business days.
- You can withdraw up to 20% of your total profits from a deactivated account, provided it exceeds the safety threshold and adheres to the firm’s Maintain Consistency Rules. There is no minimum withdrawal requirement for deactivated accounts.
Direct Accounts have the potential for bigger profits, as well as the convenient feature of allowing instant withdrawals, without a 40-trading-day waiting period. You just need to exceed the safety threshold, at which point you can request a withdrawal.
- BluSky Trading Company: BluSky facilitates daily withdrawals, and funded traders can request withdrawals from day one. The initial profit split is 80/20, which rises to 90/10 (and potentially even higher for exceptionally successful traders) as you generate more profit. There is a minimum withdrawal requirement of $250. Payouts are processed through ACH, wire transfer, PayPal, or cryptocurrency.
4. Leverage:
| Leverage Futures | TickTickTrader | BluSky Trading Company |
| Futures | 1:1 | 1.1 |
BluSky Trading vs. TickTickTrader: Pros and Cons
In this section we take a look at the advantages and disadvantages to partnering with BluSky Trading and TickTickTrader.
BluSky Trading Company:
- Fast evaluation process of only eight days.
- No scaling plan
- Innovative Static Growth Account provides exclusive benefits.
- Payouts for funded traders from day one.
- Personalised profit split that grows with your level of profitability.
- Discord membership enables discussions and idea-sharing with peers.
- Real-time trailing drawdown throughout the evaluation phase.
- Restricted variety of account sizes in comparison to other prop firms.
TickTickTrader:
- Fast evaluation process of only eight days.
- No scaling plan
- Innovative Static Growth Account provides exclusive benefits.
- Payouts for funded traders from day one.
- Personalised profit split that grows with your level of profitability.
- Discord membership enables discussions and idea-sharing with peers.
- Real-time trailing drawdown throughout the evaluation phase.
- Restricted variety of account sizes in comparison to other prop firms.
Conclusion
TickTickTrader prop firm emphasises the independence of its traders, an approach particularly suited to seasoned traders who value increased flexibility. Higher daily limits, no minimum trading day restriction and the ability to capitalise on market news all enable traders with the necessary experience to take maximum advantage of opportunities in the market, without constraints. TickTickTrader’s pricing is competitive, and it offers a tiered account structure. Furthermore, the firm’s approach to risk management finds the ideal balance between reducing risk while empowering traders to develop profitable trading strategies. It is worth bearing in mind when making your choice, however, that TickTickTrader is only suitable for futures trading, and also doesn’t allow automated trading or holding overnight positions.
BluSky prop firm is also deeply committed to supporting its traders towards successful trading but takes a slightly different approach to TickTickTrader. There aren’t any unnecessary brokerage rules making it more difficult for traders to keep their funded accounts. The firm places a strong emphasis on helping traders maximise their earnings, with profit share improving with each withdrawal. Traders can make use of algorithms and automated robots for trading, and there are no consistency rules, meaning traders can withdraw significant profits immediately. Furthermore, traders can request an increase in their allowed position size once they have demonstrated consistent profitably.
In summary, both TickTickTrader and BluSky Funding present excellent propositions, so your choice between the two firms will ultimately come down to individual factors. These include how long you’ve been trading in the industry for, your risk tolerance, and what you’re hoping to get out of your trading journey. Keep reading about the two firms until you feel sure about which one is the better fit for you.
In the end, your choice of prop firm should really be determined by your personal needs as a trader. Factors to take into account as you read about each firm are which strategies you like to use, how big your budget is, your appetite for risk, and whether you prefer a more methodical or a more flexible approach.
Dive deeper into TickTick Trader and BluSky Trading with our comprehensive reviews:
- TickTick Trader Review 2024
