If you’re stepping into prop trading, you’ve encountered the name TickTick Trader. Known for its standing as a trusted and widely-used prop trading company, it’s worthwhile to explore
what distinguishes it from the rest in this TickTick Trader review.
What Is TickTick Trader?
TickTick Trader is a leading proprietary trading firm renowned for its distinguished presence in the trading sector. It provides a platform for individuals to partake in proprietary trading, leveraging the firm’s capital. Traders affiliated with TickTick Trader enjoy access to various assets and markets, enabling them to implement diverse trading strategies. The firm extends a spectrum of trading platforms, along with educational resources and tools for risk management, all aimed at bolstering traders in their pursuits.
Moreover, TickTick Trader strongly emphasizes transparent fee structures and employs robust security measures to ensure the safety of traders’ funds and sensitive information. In summary, TickTick Trader is acclaimed for its dependability, diverse offerings, and unwavering dedication to the success of traders in the realm of proprietary trading.
Why Opt For A TickTick Trader?
When it comes to selecting a trading platform that offers maximum potential and adaptability, TickTick Trader stands out for several compelling reasons:
- No Minimum Trading Requirements: TickTick Trader streamlines your trading experience by removing the need for minimum trading commitments. Upon completing KYC checks and contract signing, you can dive into trading and pursue your goals without mandatory trading day requirements. This accelerates your trading journey and provides the flexibility to focus on your objectives immediately.
- Precisely Defined Maximum Position Sizes: TickTick Trader provides a range of trading plans, each with unique maximum position size parameters. Grasping these specifications and choosing a plan that suits your trading approach can fine-tune your trading strategy and enhance your risk management tactics.
- Broad Spectrum of Tradable Assets: A notable aspect of TickTick Trader lies in its extensive range of tradable assets. The platform grants entry to diverse markets by covering equities, commodities, forex, and beyond. This inclusivity empowers traders to construct a comprehensive and diversified portfolio.
- TickTickDrawdown Advantage: The distinctive TickTickDrawdown function provides an exact daily assessment of your trading journey. It offers a clear-cut perspective on your overall performance, empowering you to implement essential adjustments and refinements to your trading strategy.
- Fees and Commission Structure: One of the hallmarks of a trustworthy trading firm is a transparent fee structure. TickTick Trader is distinguished for its transparent and competitive fee model. Traders can readily comprehend the costs associated with their trades. This clarity ensures that traders understand the financial aspects of their transactions, fostering trust and confidence in the platform.
- Significant Daily Loss Tolerance and Position Scope: TickTick Trader sets itself apart by allowing a more substantial daily loss threshold and position range in contrast to numerous other platforms. This adaptability can open the door to notable prospects, especially in market volatility.
- TTTPerformance Account: Designed for traders aiming to enhance their trading expertise, the TTTPerformance Account represents a top-tier option. This specialized account grants entry to a suite of advanced trading tools and resources, enabling you to fine-tune your strategies and assert a strong presence in the market.
- Security Measures: Security is a top priority in online trading, and TickTick Trader places it at the forefront. The platform utilizes cutting-edge security measures to protect traders’ funds and personal information. This includes robust encryption protocols and the implementation of multi-factor authentication. These advanced measures work together to create a secure user trading environment.
With its features and advantages, TickTick Trader is an enticing option for traders seeking adaptability and growth potential in the ever-evolving trading realm. This platform provides the tools and resources for success in today’s fiercely competitive market.
TickTick Trader Account Types
The first category of accounts is known as the Evaluation Accounts, which are segmented into three distinct types: the Starter, Advanced, and Professional accounts.
The Starter Evaluation Account offers an initial capital of $25,000 and sets a profit goal of $1,500. This account permits up to 4 open positions at any given time and enforces a daily loss cap of $500. A monthly subscription fee of $145 is associated with this level.
Moving up the ladder, the Advanced Evaluation Account provides traders with $50,000 in starting capital and a profit objective of $3,000. Users can maintain up to 10 active positions and have a daily loss constraint of $1,250. The monthly fee for maintaining this account stands at $160.
At the top end, the Professional Evaluation Account comes with $100,000 in capital allocation and a profitability aim of $6,000. Account holders are allowed a maximum of 14 positions and are subjected to a daily loss limit of $2,500. The monthly upkeep fee for this premium account is set at $285.
For any of these Evaluation Accounts, traders who successfully meet their profit targets while adhering to all trading guidelines have the option to submit for account validation. After a review period, which could last up to two business days, approved traders will receive a Certificate of Achievement via email, along with a contract and additional steps to follow. They then transition to the TTTPerformance Account, where they continue trading under comparable rules but benefit from the inclusion of a Scaling System.
Final Verdict: TickTick Trader Review
In summary, TickTick Trader emerges as a formidable force in prop trading, providing a comprehensive array of features and resources tailored to traders of diverse levels. Offering a wide range of assets, extensive educational support, and exceptional customer service certainly leaves a mark. While perfection is elusive, the holistic package offered by TickTick Trader positions it as a standout player in the prop trading arena.
TickTick Trader beckons for aspiring prop traders as an option worthy of serious contemplation. Click here to enjoy the package offered by TickTick Trader.
