TickTick Trader Review

TickTick Trader Review 2024

TickTickTrader is a respected proprietary trading firm, popular for its innovative approach and the strong emphasis it places on the success of its traders. Aspiring traders who successfully complete the firm’s assessment will qualify for funding with which to trade, with TickTickTrader providing advice and support at every stage of your journey with them. Notable features are the inclusion of licenses for both Jigsaw DayTradr and Bookmap, and the lack of minimum trading day requirements. Traders will have as much as $100,000 in capital to trade, and 90% of the profits generated are theirs to keep.

In this piece we’ll examine all the details of TickTickTrader thoroughly, including what account types are offered, which instruments you’ll be able to trade, the key rules and regulations, and which platforms you can use. We’ll also take a look at the benefits and any drawbacks to partnering with the firm, and whether it really is as good as its reputation.

TickTickTrader was established by traders with two decades of experience in the prop trading industry who felt frustrated with the difficulties they encountered working with traditional prop trading firms and platforms. TickTickTrader is their solution: an innovative platform meticulously designed to suit the modern futures trader.

A fundamental tenet of TickTickTrader is its community-led trading environment, which is one of mutual support and quite different from the exploitative practices unfortunately observed all too often elsewhere in the realm of prop trading. The team behind TickTick are highly focused on their desire to empower the firm’s traders, recognising that the success of the firm and the success of its traders are inextricably linked. Its sophisticated platform, transparency over rules, and attractive range of account sizes further set the firm apart.

Evaluation Accounts come in three levels (Starter, Advanced and Pro) as well as a special Express Plan; as do Direct Accounts. As such, TickTick caters to a wide range of budgets and trading styles.

  • Evaluation Accounts are a gateway into the industry for those without previous experience.
  • Express Plans are an innovative type of evaluation account tailored specifically towards dynamic, uncompromising traders.
  • Direct Accounts enable traders to bypass the evaluation process altogether and begin trading right away.

The platform is both highly accessible and clear from the start about its rules and restrictions. TickTickTrader prioritises effective customer support, which has the added benefit of being provided in a range of languages. Payouts are processed swiftly, and traders are also free from constraints regarding minimum trading days, meaning they can stay focused on one crucial objective: profitable trading.

There are a number of elements to TickTickTrader making it a compelling option for futures traders. For starters, its evaluation phase is simple and accessible for all traders, whatever their level of experience. Next on the list is the firm’s prompt and reliable payouts: not something that can be taken for granted in the prop trading industry.

Thirdly, TickTickTrader provides an attractive variety of account options, catering to a range of trading styles and preferences. The firm’s efficient and supportive customer service is another notable advantage. And last but not least, TickTick Trader provide a plethora of analytical tools, including Bookmap and Jigsaw Trader licenses.

In essence, the firm’s original approach and unwavering focus on the success of its traders make it a highly attractive option for aspiring and experienced traders alike.

Traders starting out with TickTickTrader prop firm normally do so with an evaluation phase, following which they advance to a TTTPerformance Account. Traders have a choice between an Evaluation Account, the Express Plan, or a Direct Account. The table below outlines the specifics of each account. There’s an option suitable for every trader, regardless of their financial considerations and preferred trading style.

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 offers three Evaluation Account tiers: Starter, Advanced and Pro. The evaluation process is set up to enable traders to prove their ability to trade profitably and consistently throughout it, with the premise that those who can do so qualify for funding.

The Starter account caters to traders just starting out in the prop trading industry, with a relatively low €25,000 in starting capital, along with a profit target of $1,500 and restrictions on daily losses and positions. TickTickTrader Advanced accounts, designed for intermediate traders with a reasonable degree of experience, offer a larger starting balance accompanied by bigger profit targets and increased flexibility in trading positions. Professional accounts follow along the same lines but are bigger still.

All Evaluation accounts are supplemented by a wealth of software options and an impressive array of trading instruments, ensuring the firm can accommodate traders of all levels. Furthermore, TickTickTrader is renowned for its transparency over payouts, which are always processed quickly.

The Express Plan is special Evaluation account, specifically catering to dynamic and uncompromising traders, with the possibility of trading as many 14 contracts simultaneously. Most other accounts are charged for on a monthly basis (starting at $145 per month and rising to $699), but the Express Plan comes with a 15-day duration and is priced at $99. Featuring a profit target of $6,000 and the safeguard of a $3,500 drawdown limit, the Express Plan is set up to encourage traders to generate the highest profits possible while remaining conscious of potential risks.

Direct Accounts give traders the opportunity to avoid the evaluation process altogether and begin trading immediately on a a TTTPerformance Account. Direct Accounts come in the following three sizes:

  • $10,000 Direct Swing
  • $25,000 Direct
  • $50,000 Direct

Each account, along with its own pricing structure, has a distinct set of trading rules, including daily loss and drawdown limits as well as the maximum number of trading positions that can be maintained simultaneously. Traders should think about which of the three plans is most suitable for their personal requirements and preferences. Once you’ve chosen your plan, it’s simply a matter of registering and then establishing a platform connection to begin trading.

End of Day Drawdown

TickTickTrader calculates drawdown at the conclusion of each trading day and it stays constant throughout the day. The investment will be liquidated if the investment balance reaches or exceeds this drawdown threshold.

Below is an example of a $100,000 account:

Trading days

Open Position Balance

Balance at Closing

TickTickTrader Drowdown

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

The Daily Loss Limit is a risk management safeguard for traders, capping the maximum allowable loss within a single trading day. It is generally calculated based on the available trading capital. If the limit is reached, your account will be liquidated. The table below outlines the Daily Loss Limits for each plan:

Account Size

Daily Loss Limit

$25K Starter

$500

$50K Advancer

$1250

$100K Pro

$2500

$100K Express

None

Overnight Positions

All trading positions, including overnight ones, have to be closed by the end of each trading day, otherwise your account will be disqualified.

Scaling Plan

TickTickTrader’s Scaling System restricts the number of contracts traders can open. Traders must synchronise their contract numbers with their account balance, accounting for both active and closed positions. Violating this rule may lead to a warning or even termination of your account, so it’s vital you monitor your account balance and associated risk to ensure you’re always adhering to the rules. You should preferably aim to generate a profit margin that exceeds your intended contract size to allow you to effectively manage your trading.

Below is an example of the scaling system in $100,000 pro account:

Account Balance

Max Contracts E-Mini

$100,000 – $102,100

3

$102,101 – $105,100

6

$105,101 – $108,500

10

Higher than $108,501

14

Note: 1 E-Mini contract = 10 Micros

When you join TickTickTrader futures, your connection will be through Rithmic, a common choice for futures prop trading firms. While you can trade using Rithmic Pro, it’s not necessarily the optimal software. However, the firm also provides a complimentary NinjaTrader license, which we highly recommend, as well as licenses for Bookmap and Jigsaw Daytradr.

The following well-liked futures trading platforms are also supported:

  • Ninjatrader – free license
  • Bookmap – free license
  • Daytradr – free license
  • 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

TickTickTrader’s framework is ideal for traders looking to maximise their profits. During the initial three months, traders retain the entirety of their profits. The profit split thereafter becomes a generous 90%. There’s no minimum trading day requirement, though traders need to achieve their profit target (which varies according to account size) while adhering to specified drawdown limits.

TickTickTrader goes beyond merely providing a trading platform: it actively nurtures a supportive trading community, with platforms such as TickTick Arcade encouraging interaction between fellow traders and TickTick Contest offering trading competitions, which foster a spirt of competition and ongoing education.

TickTickTrader are fully aware that customer service can have a significant impact on a company’s reputation, and theirs is exceptional. Support is available around the clock in a range of different languages. The firm has an excellent score of 4.8 on Trustpilot, with more than 6,000 reviews of which a large majority are incredibly favourable.

TickTickTrader is fully transparent about its rules and appears to be steadfast in its commitment to helping its traders succeed in achieving their goals. With flexible trading plans and a logically designed, user-friendly platform, TickTickTrader has established itself as a prominent player in the futures trading world. Aspiring traders seeking financial independence through futures trading with TickTickTrader can use this TickTickTrader coupon code to access a range of benefits.

TickTickTrader is focused on futures trading, and traders have access to all CME Group (CME, CBOT, NYMEX and COMEX) futures assets, including the Micros. The instruments listed below are available for trading:

  • Equity futures
  • Foreign exchange futures
  • Agricultural futures
  • Energy futures
  • Interest rate futures
  • Metals futures

TickTickTrader’s accounts don’t have any leverage. In other words, the account balance is the available buying power (effectively maintaining a 1:1 leverage ratio). The maximum number of contracts you’re allowed to trade is dependent on your account size and how much profit you’ve generated, and this establishes your your trading limits.

Account Balance

Maximum number of contracts

$25,000

4

$50,000

10

$100,000

14

In comparison to other prop firms, TickTickTrader offers an appealing payout framework. Once you’ve fulfilled the evaluation criteria, you’ll transition to a TTTPerformance Account in which you’ll be compensated with a share of the profits you generate (TickTickTrader also retains a small share, which is common practice). Each account type has its own specific payout policy, the details of which can be found in your trader agreement.

As soon as you start trading with your TTTPerformance account, your payments are credited to you directly. Your first withdrawal can be requested once you’ve surpassed the account’s safety threshold and have accumulated at least 40 trading days.

You can request a withdrawal any time during the month, and they’re typically processed within five business days. There’s a minimum withdrawal amount of €1,000 but no cap, as long as the safety balance is maintained. This threshold is the minimum balance required to keep making withdrawals from your account and varies according to account size.

Account Size

Safety Threshold

$25K Starter

$1,600

$50K Advanced

$2,600

$100K Pro

$3,600

TTTPerformance traders retain the entirety of the profits they generate in their first three months, after which the profit share becomes 90%. It’s important to bear in mind that traders are personally responsible for handling their own tax obligations. It’s a good idea to read through TickTick’s payout policy on the firm’s website before you register so you’re sure you’ve understood all the details.

Joining a firm such as TickTickTrader helps you to create the strong foundation necessary to generate substantial profits and make progress in the prop trading industry. In line with this goal, we are delighted to offer a 50% discount code to get you started.

TickTickTrader’s carefully thought-out evaluation process sets the firm apart from its competition in the prop trading industry. It enables traders to establish their trading abilities before transitioning to the TTTPerformance account. There are some prop trading firms, such as Elite Trader Funding and TakeProfitTrader, which ask traders to commit capital without this essential evaluation phase in which they can first try out their skills.

Aside from this fundamental distinction, TickTickTrader’s impressive selection of account sizes accommodate every trading style and budget, further differentiating the firm from others with less flexible frameworks.

  • 40% discount if you apply our exclusive discount code.
  • Wide range of trading platforms offered.
  • Numerous futures options available to trade.
  • Reasonable rules that are consistently applied.
  • Secure and prompt payouts.
  • No minimum trading day requirement.
  • Free licenses for Jigsaw Tradr and BookMap.
  • Flexible approach to rules and restrictions.
  • Drawdown calculated at the close of the day, as opposed to between each trade.
  • Reasonable pricing.
  • Attractive 90% profit share.
  • All positions have to be closed by the trading day’s end.
  • 100% withdrawals are only available from the fourth month onwards.
  • 50% of early withdrawals is retained by TickTickTrader.
  • No free trial option offered.

TickTickTrader’s prioritisation of the success of its traders makes the firm a unique proposition in the prop trading industry. The firm provides an abundance of resources and features catering to a wide range of traders, from beginners through to those with years of experience. The ground-breaking Express Account, straightforward platform, diverse array of asset classes on offer and wealth of learning materials, all substantially enhance the trader’s experience.

For futures traders looking for funding within an encouraging environment with features that are simultaneously innovative and dependable, TickTickTrader may well be the ideal choice, with the firm providing everything you need to flourish.

We’re excited to offer an exclusive 50% discount, allowing traders to access all the essential resources provided by TickTickTrader at a lower price.

You can explore more similar futures prop firms on our website such as Topstep Review 2024.

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