TickTick Trader Review 2024
TickTick Trader is a fairly new and very exciting proprietary trading firm. It was established in 2022 by a group of trading experts with two decades of experience in the industry. Fed up with the never-ending succession of difficulties that they faced working with existing prop firms, the team set out to address these challenges with their own offering, which is dedicated to providing aspiring futures traders with a straightforward and transparent route to financial independence.
Every element of TickTickTrader has been carefully considered, and the end result is accessible, logical and provides a simple set of rules in which traders can place their trust. Combining a thorough grasp of futures markets and a pioneering attitude, the firm is ideal for a new generation of futures traders, who value not just being able to trade, but the ability to do so within a supportive trading community. Round the clock customer support further underscores the firm’s commitment to putting its traders first, something of a novelty in an industry in which many firms seem to let a sole focus on profit damage their reputation and the service they provide.
TickTickTrader have established an operational framework in which the firm’s success is a direct result of the success of its traders. As a result, the general atmosphere is one of support and care, which in combination with the firm’s emphasis on transparent rules, makes TickTickTrader a unique proposition.
TickTickTrader Evaluations & Pricing
TickTickTrader’s Evaluation Accounts come in three tiers – Starter, Advanced and Pro – and there is also an Express Plan. Direct Accounts are an alternative option, and also come in three tiers, meaning every trader will be able to find an account suitable for them.
- Evaluation Accounts provide an entry point for new traders at the beginning of their trading career.
- Express Plans are special evaluation accounts for dynamic, uncompromising traders with more experience.
- Direct Accounts enable experienced traders to bypass the evaluation process altogether and start live trading from the outset.
TickTickTrader’s platform is incredibly user-friendly, and it lays out all rules and requirements clearly from the outset. It offers customer support in several languages, payouts are processed quickly and securely, and traders aren’t constrained by minimum trading day requirements. All in all, TickTickTrader makes it as easy as possible for traders to give all their focus to their trading efforts, without having to worry about other factors.
Qualifying for funding requires four main steps (not to be confused with the steps necessary to complete the evaluation process). These are as follows:
- Sign up for an account and choose the appropriate subscription for your trading requirements and level of experience and skill.
- Connect to a platform, initially with RTrader Pro and thereafter with whichever trading platform you like to use.
- Complete the evaluation and adhere to all its rules.
- Qualify for funding and start trading to earn profits!
Account Size | $25K Starter | $50K Advanced | $100k Pro | $100K Express |
Target | $1,500 | $3,000 | $6,000 | $6,000 |
Max positions | 4 | 10 | 14 | 14 |
Daily Loss Limit | $500 | $1,250 | $2,500 | None |
Tick Drawdown | $1,500 | $2,500 | $3,500 | $3,500 |
Minimum Trading Days | None | None | None | None |
First 3 months: | 100% | 100% | 100% | 100% |
4 months and later: | 90% | 90% | 90% | 90% |
Price: | $145/month | $160/month | $285/month | $99 for 15 days |
TickTickTrader isn’t complicated. There are four account sizes, starting at $25,000 and going up to $100,000. Prices increase in line with account size and are charged on a monthly basis, beginning at $145 and going up to to $285, with the exception of the $100,000 Express Account which costs $99 for 15 days.
TickTickTrader Account Types
The table below lays out all the crucial information for each account type. Just a quick glance shows that TickTickTrader’s range of accounts caters to traders of all experience levels, preferred trading style and budgets, so regardless of how you like to trade and how much you’ve got to spend, you’ll find something for you.
Account Type | Account Name | Price | Max Positions | Daily Loss | TickDrawdown | Target | Reset |
Evaluation Account | 25K Starter | 145$ | 4 | 500$ | 1500$ | 1500$ | 85$ |
Evaluation Account | 50K Advanced | 160$ | 10 | 1250$ | 2500$ | 3000$ | 85$ |
Evaluation Account | 100k Pro | 285$ | 14 | 2500$ | 3500$ | 6000$ | 85$ |
Evaluation Account | 100 Express | 99$ | 14 | None | 3500$ | 6000$ | None |
Direct Account | 25K Direct | 349$ | 4 | 500$ | 1500$ | – | – |
Direct Account | 50K Direct | 699$ | 10 | 1250$ | 2500$ | – | – |
Direct Account | 10K Direct Swing | 229$ | 5 Micro Contracts | 350$ | 1000$ | – | – |
TickTickTrader’s Leverage
TickTickTrader’s accounts don’t offer any leverage, so your account balance will be your buying power. In other words, the leverage ratio is effectively 1:1. How many contracts you’re allowed to trade is based on a combination of your account size and your profit, and this is how the firm sets your trading limits.
Account Balance | Maximum number of contracts |
$25,000 | 4 |
$50,000 | 10 |
$100,000 | 14 |
TickTickTrader Trading Rules
End-Of-Day Drawdown
TickTickTrader prop firm calculates drawdown at the end of each trading day, and it then remains constant throughout the day. If your investment balance exceeds this drawdown limit, your investment will be liquidated.
For example, drawdown for a $100,000 would be as follows:
Trading days | Open Position Balance | Balance at Closing | TickTickTrader Drawdown |
1st day | 100 500$ | 100 000$ | 96 500$ |
2nd day | 100 800$ | 98 000$ | 96 500$ |
3th day | No Trading done | 96 500$ | |
4th day | 103 000$ | 100 000$ | 96 500$ |
5th day | 105 000$ | 104 000$ | 100 500$ |
Daily Loss Limit
TickTickTrader’s daily loss limit is the maximum amount you’re allowed to lose in one day of trading. The limit functions as a measure for managing risk by limiting potential losses for each account. It’s generally calculated from the amount of trading capital available, and if you reach the limit your account will be liquidated.
The following table sets out the daily loss limits for each account size:
Account Size | Daily Loss Limit |
$25K Starter | $500 |
$50K Advancer | $1250 |
$100K Pro | $2500 |
$100K Express | None |
Overnight Positions
Traders partnering with TickTickTrader must close all trading positions by the end of each trading day – otherwise, their account will be disqualified.
Scaling Plan
Scaling Plan apply only for Direct Account $25K and $50K.
Why a scaling plan option:
- Restricts the number of contracts you can trade based on your account balance.
- Ensures proper risk management by preventing excessive leverage.
- Non-compliance can result in warnings or account termination.
By understanding and adhering to these trading rules, you can increase your chances of success while trading with TickTickTrader. Remember, responsible risk management is crucial for long-term trading success.
TTTPerformance Accounts Payout Policy
Once you’ve qualified for a TTTPerformance Account, you’ll be compensated directly for any profits you generate. All you need to do is stick to TickTickTrader’s “Maintain Consistency” rule, as well as keeping your account balance above the minimum and safety thresholds.
Payouts can be requested with a balance of just $250 above the safety threshold, and withdrawals are typically processed within five business days.
Safety Thresholds and Account Types
The safety threshold is the minimum profit balance you need to have in your account in order to keep requesting payouts. The safety threshold for each account size is as follows:
- $25,000 Starter Account: $1,600
- $50,000 Direct Account: $2,600
- $100,000 Direct Account: $3,600
Available Payout Methods
Payouts can be processed through three methods: wire transfer (which just requires you to have a bank account in your name), ACH, or cryptocurrency (USDT TRC20, for which you need to have Binance or another similar platform).
You keep 100% of your profits for the first three months, and then from the fourth month onwards you’ll receive a 90% profit share, with TickTickTrader keeping a 10% share as a commission.
TTTDirect Accounts Payout Policy
TickTickTrader’s Direct Accounts have the double benefit of providing the potential for higher profits as well as the ability for you to withdraw profits immediately, with no 40-day waiting period. You can request a withdrawal as soon as you surpass the safety threshold, which vary by account as follows:
- $10,000 Direct Swing Account: $1,100 (with a minimum withdrawal of $250).
- $25,000 Direct Account: $1,600 (with a minimum withdrawal of $250).
- $50,000 Direct Account: $2,600 (with a minimum withdrawal of $500).
You keep 100% of your profits for the first three months, and then from the fourth month onwards you’ll receive a 90% profit share, with TickTickTrader keeping a 10% share as a commission. Payouts can be requested at any time and are generally processed within five business days.
Trading Platforms
Qualifying for funding with TickTickTrader is simple: you register with the firm’s platform, choose which subscription works for you and pay using any major credit, debit or cryptocurrency card.
You need to first download R Trader Pro, after which you can download and install any trading platform you like. TickTickTrader provides one free license key for NinjaTrader Pro, Bookmap or Jigsaw DayTradr (just message them to receive it), or you can choose a third-party platform from the list below:
- Bookmap
- NinjaTrader
- DayTradr
- Agena Trader
- Atas
- Collective 2
- Inside Edge
- Medved Trader
- Motive Wave
- MultiCharts
- Optimus Flow
- Overcharts
- Photon Trader
- Quantower
- Quick Screen Trading
- R Investor
- Scalp
- Scalp Tool
- Sierra Chart
- Tiger Trade
- Trade Navigator
- TS Lab
- Volfix.net
Once you’ve chosen a platform, you can start trading using your preferred strategies, so long as you stick to ΤickTickTrader’s rules and guidelines. When you’ve achieved your profit target, you submit your account for validation by the firm, after which you can begin to trade with your funded account.
If you’d like a license for additional software, prices are as follows:
Free License Key | Extra License Key |
NinjaTrader | Jigsaw $30/month Bookmap $39/month |
Jigsaw DayTradr | NinjaTrader $30/month Bookmap $39/month |
Bookmap | NinjaTrader or Jigsaw $30/month |
Instruments
TickTickTrader offers traders classed as non-professionals access to CME (CME, CBOT, NYMEX, COMEX) futures assets, including the Micros. These encompass the instruments listed below:
- Equity futures
- Foreign exchange futures
- Agricultural futures
- Energy futures
- Interest rate futures
- Metals futures
Market depth for other exchanges can be purchased on a monthly basis as an add-on for $12 per exchange.
Is TickTickTrader Legit?
For traders seeking to make maximum gains from their trading efforts, TickTickTrader offers a generous reward system, in which traders keep all profits they generate for their first three months, and 90% from the fourth month onwards. There’s no minimum trading day requirement – traders just need to meet the profit target specified for their account size and stay within their drawdown limits.
Tick Tick Trader goes beyond offering just a platform; it also emphasises the importance of a trading community, with platforms like TickTick Arcade providing traders with the opportunity to share ideas and insights with their peers, and TickTick Contest’s trading competitions encouraging the competitive streak in traders.
In a day and age where customer service is crucial, TickTickTrader is performing well: the futures prop firm has been receiving exceptionally positive reviews for its trader support services, providing around the clock help in a number of different languages with a straightforward, intuitive platform. The TickTickTrader Trustpilot has well over 6,200 reviews and an average score of 4.8 out of 5.
TickTickTrader distinguishes itself as a futures prop firm with its transparent rules, pioneering approach and prioritisation of the success of its traders. The flexibility granted by its range of trading plans only further boosts the appeal of the firm. If you’re seeking financial independence through trading futures, this TickTickTrader Coupon Code gives you access to a range of benefits.
- Immediate funding provided through Direct Accounts.
- Range of account types cater to a diverse array of traders.
- No requirements for a minimum number of trading days, speeding up the process.
- A range of maximum position sizes are offered and are clearly set out from the start, allowing you to find a plan that suits your trading style and thereby optimise your strategies and how you manage risk.
- The TickTickDrawdown feature gives you a clear assessment of your trading performance on a daily basis and thereby an overview of your progress.
- Payouts are consistently praised for being prompt.
- The firm’s customer service has also received acclaim.
- Transparent and straightforward rules and a swift evaluation process make working with TickTickTrader a smooth experience.
- Plans are well thought-out and competitively priced.
- You’ll need to use some third-party trading tools.
- Only caters to futures traders.
- You’re required to close all positions by the end of the trading day.
- No free trial offered.
- There’s no education centre, so you won’t find as many learning resources as some other prop firms offer.
Conclusion
TickTickTrader prop trading firm’s dedication to the success and development of its traders is a significant distinguishing factor in a prop trading industry with a huge amount of choice. The firm’s policies – including absence of a minimum trading day requirement, larger daily loss limits and position sizes and the ability to trade during news – are all geared towards providing a flexible trading environment in which you can seize every market opportunity that comes along.
An impressive variety of trading software and data feed providers further enhances TickTickTrader’s reputation as a highly adaptable platform, enabling you to choose tools and services which suit your preferred trading strategies. With seamless payout frameworks for both Direct Accounts and TTTPerformance Accounts and a desirable profit split, TickTickTrader’s offering is enticing for traders of all skill levels. Effusive user reviews and the intuitive nature of the firm’s platform provide further evidence that it can deliver tangible value to traders.
To conclude, we recommend TickTickTrader as we believe the futures prop firm can provide an unmatched trading experience for all traders, whatever their experience and skillset, requirements, and preferences. However, we also recommend gauging all the pros and cons and compare them to industry leaders like Topstep, Apex Trader Funding, and MyFundedFutures. Each one of these prop firms offer access to multiple account options for undercapitalized traders, enabling them to perform in the futures market. Just as TickTickTrader, these prop firms grant you access to sophisticated trading platforms and futures contracts as well as offering attractive payout structures.
Get all the information you need in our comprehensive prop firm reviews: