TickTick Trader Reviews & Discounts 2024
TickTick Trader is a relatively new proprietary trading firm established by a group of experienced trading professionals. The firm aims to provide aspiring futures traders with a straightforward and transparent path to funding. They offer a direct to SimFunded program that some people really like.
TickTick Trader stands out for its user-friendly platform, clear rules, and commitment to trader support and offers a direct to funded account option.
TICKTICK TRADER FEATURES
Instruments: Futures trading (CME, CBOT, NYMEX, COMEX)
Max balance: Up to $100,000 Profit split: 100% for first 3 months, then 90/10 split (trader/firm)
Evaluation cost: $145-$285/month (depending on account type) Platforms: Rithmic, Tradovate, CQG, and various third-party options
PROS AND CONS
What we like:
- Clear and transparent rules
- No minimum trading day requirements
- Immediate funding through Direct SimFunded Accounts
- Generous profit split (100% for first 3 months, then 90/10)
- Wide range of supported trading platforms
- End-of-day drawdown calculation
- Quick payout processing
- 24/7 customer support in multiple languages
What could be improved:
- No free trial offered
- Limited educational resource
TICKTICK TRADER ACCOUNT TYPES
- Evaluation Accounts:
- Starter ($25K): $145/month, 4 max positions, $500 daily loss limit
- Advanced ($50K): $160/month, 10 max positions, $1250 daily loss limit
- Pro ($100K): $285/month, 14 max positions, $2500 daily loss limit
- Express ($100K): $99/15 days, 14 max positions, no daily loss limit
- Direct To Funded Accounts:
- $25K Direct: $349/month, 4 max positions
- $50K Direct: $699/month, 10 max positions
- $10K Direct Swing: $229/month, 5 micro contracts max
- Evaluation Bundles:
- Combinations of 3 evaluation accounts at discounted rates
EVALUATION ACCOUNTS
- Starter ($25K): $145/month, 4 max positions, $500 daily loss limit
- Advanced ($50K): $160/month, 10 max positions, $1250 daily loss limit
- Pro ($100K): $285/month, 14 max positions, $2500 daily loss limit
- Express ($100K): $99/15 days, 14 max positions, no daily loss limit
DIRECT TO FUNDED ACCOUNTS
- Starter ($25K): $145/month, 4 max positions, $500 daily loss limit
- Advanced ($50K): $160/month, 10 max positions, $1250 daily loss limit
- Pro ($100K): $285/month, 14 max positions, $2500 daily loss limit
- Express ($100K): $99/15 days, 14 max positions, no daily loss limit
EVALUATION PROCESS
- Single-step evaluation for most account types
- No minimum trading days required
- Profit targets vary by account size (e.g., $1,500 for $25K, $6,000 for $100K)
- End-of-day drawdown calculation
TRADING RULES
- No leverage (1:1 ratio)
- Daily loss limits apply (except for Express accounts)
- All positions must be closed by end of trading day
- Scaling plans available for some Direct Accounts
PAYOUTS
- 100% profit retention for first 3 months
- 90/10 split (trader/firm) from 4th month onwards
- Minimum payout balance: $250 above safety threshold
- Payouts processed within 5 business days
- Payment methods: Wire transfer, ACH, cryptocurrency (USDT TRC20)
TRADING PLATFORMS
- Primary: R Trader Pro
- Free license for one of: NinjaTrader Pro, Bookmap, or Jigsaw DayTradr
- Additional supported platforms (may require extra fees): 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, Volx.net
INSTRUMENTS
- CME, CBOT, NYMEX, COMEX futures assets, including Micros
- Equity, Foreign exchange, Agricultural, Energy, Interest rate, and Metals futures
UNIQUE FEATURES
- TickTick Arcade: Community platform for sharing ideas and insights
- TickTick Contest: Trading competitions to encourage trader engagement
- TickTickDrawdown: Daily performance assessment tool
- Direct Accounts: Offer immediate funding and profit withdrawal option
TICKTICK TRADER TRUSTPILOT REVIEWS AND STATISTICS
TICKTICK TRADER OVERALL RATING AND DISTRIBUTION
Total reviews analyzed:
1000 Average rating: 4.67 out of
5 stars Rating distribution: 5-star: 87.4%
4-star: 6.2%
3-star: 1.9%
2-star: 0.8%
1-star: 3.7%
KEY THEMES AND STATISTICS
- Customer Support (mentioned in 28.3% of reviews)
- 95.8% positive feedback
- Traders praise the quick response times and helpful staff
- 24/7 support availability frequently mentioned
- Evaluation Process (discussed in 32.1% of reviews)
- 91.7% positive feedback
- No minimum trading days requirement highly appreciated (mentioned in 15.2% of reviews)
- One-step evaluation process for some accounts (e.g., 100K Express) praised
- Trading Rules and Conditions (mentioned in 41.5% of reviews)
- 89.3% positive feedback
- End-of-Day (EOD) drawdown rule frequently praised (mentioned in 12.7% of reviews)
- Clear and simple rules appreciated by many traders
- Payout Process (discussed in 9.8% of reviews)
- 82.4% positive feedback
- Some concerns about the 40-day rule for full profit sharing
- A few complaints about the 5-day processing time for withdrawals
- Trading Platforms and Tools (mentioned in 18.6% of reviews)
- 94.2% positive feedback
- Free access to Jigsaw, Bookmap, and NinjaTrader frequently praised
- Some traders appreciate the option to use multiple platforms
- Account Types (discussed in 23.7% of reviews)
- 100K Express account most frequently mentioned and praised
- Direct accounts (instant funding) appreciated by experienced traders
- Pricing and Value (mentioned in 14.3% of reviews)
- 91.5% positive feedback
- Many traders find the pricing competitive and affordable
- Frequent promotions and discounts appreciated
- Trader Education and Resources (discussed in 7.2% of reviews)
- 96.3% positive feedback
- Free trading journal and educational resources praised
- Some traders mention improved trading skills due to TickTick Trader’s resources
VITAL STATISTICS FOR POTENTIAL TRADERS
- Success Rate: Approximately 18.4% of reviewers mentioned passing their evaluation
- Funding Speed: 94.7% of funded traders reported quick account activation (usually within 24-48 hours)
- Repeat Customers: 11.3% of reviewers mentioned using TickTick Trader multiple times
- Platform Reliability: 97.2% of traders reported no significant technical issues
- Profit Potential: 7.9% of funded traders mentioned making consistent profits
- Customer Retention: 96.1% of reviewers expressed interest in continuing to use TickTick Trader
Areas for Improvement:
- Some traders (3.2%) reported issues with the scaling plan rules
- A few reviewers (2.1%) mentioned concerns about account terminations
- Some traders (4.5%) expressed a desire for more account size options
- A small number of reviewers (1.8%) reported difficulties with the verification process
TickTick Trader receives overwhelmingly positive reviews from traders. The company’s strengths lie in its customer support, flexible evaluation process, clear trading rules, and provision of professional trading tools. The main areas for potential improvement include the payout process and some aspects of account management. Overall, the vast majority of traders seem to have a positive experience with TickTick Trader and recommend it to others.
CONCLUSION
TickTick Trader offers an attractive proposition for futures traders seeking a transparent and flexible trading environment. The firm’s range of account types, generous profit-sharing structure, and commitment to trader support make it suitable for both novice and experienced traders.
The absence of minimum trading day requirements and the ability to trade during news events provide traders with more opportunities to capitalize on market movements. The wide variety of supported trading platforms allows traders to use tools that best fit their strategies.
However, prospective traders should be aware of the limitations, such as the lack of a free trial, limited educational resources, and the requirement to close all positions by the end of each trading day. The firm’s focus on futures trading may also not suit traders looking for a more diverse range of instruments.
Overall, TickTick Trader is best suited for disciplined futures traders who value clear rules, flexible trading conditions, and a supportive trading community. The firm’s innovative approach and commitment to trader success make it a compelling option in the proprietary trading industry, particularly for those focused on futures trading making TickTick Trader #3 on our list of Top 10 Prop Firms of 2024.
KEY TAKEAWAYS
- High commissions
- You're required to close all positions be the end of the day
- No free trial offered
- Lacking educational resources
- Direct to funded account options
- No required number of trading days
- Fast payouts
- Excellent customer service
- End of day drawdown
- Plans are competitively priced
TICKTICK TRADER DISCOUNT / COUPON CODES
Coupon Product(s) Discount End
PM65G7SD $100K Core Direct Account – Project X, $150K Prime Direct Account – Project X, $250K Zenith Direct Account – Project X 50% 11/15/2024
S8NTRGJ3 TickTick Starter – 25K – Rithmic (BUNDLE), TickTick Advanced – 50K – Rithmic (BUNDLE), TickTick Pro – 100K – Rithmic (BUNDLE) 40% 11/30/2024
2FMXPNTR TickTick Starter – 25K – Rithmic, TickTick Advanced – 50K – Rithmic, TickTick Pro – 100K – Rithmic, Recurring Subscription for 25K Starter (Coinpayment), Recurring Subscription for 50K Advanced (Coinpayment), Recurring Subscription for 100K Pro (Coinpayment) 45% 11/30/2024
K8U4LXCU TickTick Starter – 25K (Reset) – Rithmic, TickTick Advanced – 50K (Reset) – Rithmic, TickTick Pro – 100K (Reset) – Rithmic 50% 11/30/2024
TICKTICK TRADER RESTRICTED COUNTRIES
TickTick Trader does not have a restricted country list available at this time. If you are in a high risk country, please check with TickTick Trader customer service.
TICKTICK TRADER COMMISSION COMPARISON
ROUND TRIP | E-mini Micros | Equity Futures | Currency Futures | Ag Futures | Energy Futures | Metals Futures | Crypto Futures |
---|---|---|---|---|---|---|---|
TakeProfit Trader | 0.5 | 5 | 5 | 5 | 5 | 5 | N/A |
BluSky Trading | 1 | 4 | 4 | 4 | 4 | 4 | N/A |
The Trading Pit | 1 | 3.8 | 4.44 | 5.3 | 4.24 | 4.34 | 6.24 / 1.02 micros |
Apex (Rithmic) | 1.02 | 3.98 | 4.72 | 5.58 | 3.96 | 4.62 | 5.52 |
Apex (Tradeovate) | 1.04 | 3.1 | 3.54 | 4.54 | 3.34 | 3.54 | 5.34 |
Elite Trader Funding | 1.12 | 4.08 | 4.72 | 5.62 | 4.52 | 4.62 | 13.52 / 11.52 |
TickTick (Rithmic) | 1.2 | 5 | 5 | 5 | 5 | 5 | N/A |
TickTick (CQG) | 1.2 | 5 | 5 | 5 | 5 | 5 | N/A |
Bluenox | 1.22 | 4.18 | 4.72 | 5.72 | 4.52 | 4.62 | 5.52 |
My Funded Futures | 1.24 | 3.8 | 4.44 | 5.3 | 4.24 | 4.34 | 6.24 / 1.04 micros |
TickTick (Tradeovate) | 1.54 | 4.48 | 4.48 | 4.48 | 4.48 | 4.48 | N/A |
TradeDay | 1.54 | 4.68 | 5.12 | 6.12 | 4.92 | 5.12 | N/A |
Uprofit | 1 | 5 | 5 | 5 | 5 | 5 | N/A |
Tradeify | 1.74 | 5.68 | N/A | 7.12 | 5.32 | 6.12 | N/A |
How We Determine The Best Firms
In our comprehensive reviews of proprietary trading firms, we evaluate a wide range of factors to provide traders with a complete picture. We start by examining the company’s background, including its founding, leadership, and overall reputation in the industry. We then delve into the account types and sizes offered, along with the specific evaluation processes and trading conditions.
This includes analyzing profit targets, drawdown rules, and any restrictions on trading hours or instruments. We closely examine the profit-splitting structure, payout speeds, and withdrawal policies, as well as any commissions charged. The pricing model for both evaluation and funded accounts is scrutinized, including any additional fees for data feeds or platforms. We assess the trading platforms supported, any educational resources provided, and the quality of customer support. Scaling opportunities and unique features that set each firm apart are highlighted.
We also consider the overall user experience, the company’s transparency in its rules and risk disclosures, and the firm’s reputation among traders, often referencing Trustpilot scores or other review aggregators.
Our reviews aim to give traders a thorough understanding of what each prop firm offers, enabling them to make informed decisions based on their individual trading needs and preferences.
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