TickTickTrader, founded by Gerardo Tolivia Mariscal in February 2022, is a proprietary trading firm based in Bucharest, Romania.
TickTick Trader’s legitimacy is verified by over 6,200 day traders worldwide on Trustpilot, a fact that our Trading Funder team finds reassuring for traders seeking trustworthy firms. With user-friendly rules, fast payouts, and responsive customer support, TickTick Trader presents an attractive option for traders. However, we also consult on the potential downsides, such as their profit payout structure, which some may find unfair, and the requirement for traders to adhere strictly to the daily loss limit.
TickTick Trader offers a flexible evaluation process, providing both TTTEvaluation Accounts and TTTDirect Accounts, each with various account sizes. Prices for these accounts vary based on the chosen option and available coupon codes. Once an account is purchased, traders receive their login details via email and can start trading on platforms such as Rithmic, Tradovate, or NinjaTrader.
To succeed with TickTick Trader, traders must follow five specific rules during the evaluation, including avoiding the Tick Drawdown and adhering to the daily loss limit. They must also operate within designated trading hours and use approved trading instruments.
This article provides a comprehensive review of TickTick Trader, delivering crucial insights from our Trading Funder team. It serves as a guide for day traders, helping them make informed decisions and successfully navigate the evaluation process with TickTick Trader.
what is TickTickTrader?
TickTick Trader is a prop trading firm established in Bucharest, Romania by Gerardo Tolivia Mariscal in February 2022. TickTick Trader offers futures traders access to funded trading accounts upon passing a trading evaluation. Additionally, they provide the option of direct funding without the requirement of an evaluation.
TickTick Trader is a proprietary trading (prop trading) firm that operates by using its own capital for trading financial assets, as opposed to client funds. Unlike investment firms, TickTick Trader’s primary focus is on directly earning profits from the financial markets. The company employs professional traders who utilize a variety of strategies in their efforts to generate profits for the firm. These traders are compensated based on their trading performance.
who is TickTickTrader’s founder?
Gerardo Tolivia Mariscal is the founder and CEO of TickTickTrader. He started trading in 2004 and collaborated with others in trading rooms in Brussels in 2012. Frustrated with complex rules and a lack of transparency in trading platforms, he and his co-founders decided to create their own platform, they worked on this project from March 2020 to February 2022, aiming to cater to the needs of the next generation of futures traders.
What makes TickTickTrader Legit?
TickTick Trader is widely seen as a legitimate platform. This is because of its transparent evaluation process, quick payouts, and positive feedback from traders. They have a high rating of 4.8 stars on Trustpilot, based on more than 6,200 reviews. Traders appreciate TickTick Trader’s fast payouts and their responsive 24/7 customer support. This information shows that most users consider the company trustworthy and not a scam.
Some criticisms found that TickTick Trader deactivates trading accounts and that the profit payout structure is unfair. Others noted communication problems with customer support.
Does TickTickTrader send payouts to its traders?
Yes, TickTick Trader sends payouts to its traders using various payment methods, including Direct Deposit, PayPal, and cryptocurrencies such as Ether, USDC, and Litecoin. Traders can request their first TickTickTrader payout after surpassing the safety threshold of their TTTPerformance Account and maintaining the Consistency Rule. Payout requests can be made any time during the calendar month and will be processed within 5 business days.
Does TickTickTrader have good User Reviews and Testimonials?
Yes, TickTick Trader has garnered favorable testimonials from its clientele. On Trustpilot, TickTick Trader has a rating of 4.8 out of 5 stars, based on over 6,200 reviews. 90% of these reviews are 5-star ratings. But only 1% of reviews claim that TickTick Trader is a scam and isn’t worth trying.
Does TickTickTrader have good Customer Support?
Yes, TickTick Trader has a responsive customer service. According to 98% of user reviews, the company’s customer support team is fast and responsive. They are available via email and a FAQ section. 1% of users found problems with customer support.
what are TickTickTrader’s advantages?
TickTick Trader has 10 advantages. Here is a list of TickTick Trader’s advantages:
- One-step evaluation: Quickly assess trading suitability.
- No minimum trading days: Trade without daily restrictions.
- Direct Funding: TickTick Trader has an option for funding without a test.
- Free NinjaTrader license key: Provides premium platform access.
- Flexible monthly payouts: Request your earnings anytime during the month.
- Free Jigsaw Daytradr & Bookmap: Tools for enhanced trading insights.
- End-of-day drawdown updates: Assess daily losses at the day’s close.
- Larger loss & position limits: Increased trading capacity and risk tolerance.
- 100% profit retention: Traders keep all their initial earnings.
- User-friendly interface: Modern, intuitive platform design.
what are TickTickTrader’s disadvantages?
TickTick Trader has 7 disadvantages. Here is a list of TickTick Trader’s disadvantages:
- High Retention on Early Payouts: The firm retains 50% on early payouts.
- Minimum Withdrawals: The minimum withdrawal amount is $1,000.
- Unclear Rules: There are unclear rules on having multiple accounts.
- Limited Trading: They are limited to futures trading.
- Absence of Free Trial: TickTick Trader doesn’t provide a free trial.
- Prohibited overnight trades: Traders are not allowed to hold overnight trades
- Absence of education: TickTick Trader doesn’t have an education center.
What is TickTickTrader’s pricing?
TickTickTrader pricing varies from $99 to $699 depending on the chosen option and account size. The table below lists the fees for each account size in each option:
| Option | Account size (Eval) | Price |
|---|---|---|
| TTTEvaluation Accounts | $25K | $145 |
| TTTEvaluation Accounts | $50K | $160 |
| TTTEvaluation Accounts | $100K Express | $99 |
| TTTEvaluation Accounts | $100K Pro | $285 |
| TTTDirect Accounts | $10K | $229 |
| TTTDirect Accounts | $25K | $349 |
| TTTDirect Accounts | $50K | $699 |
Does TickTick Trader offer price discounts?
Yes, TickTick Trader gives price cuts between 20% off and 70% off. To get these price cuts, use this link for TickTick Trader discounts and look for new coupon codes and discounts. A 65% price cut is always there with the code: TFMAX. The price cut is given right away when you buy the evaluation.
Does TickTick Trader allow multiple accounts?
Yes, TickTick Trader allows individuals to have multiple Evaluation and TTTPerformance accounts under a single TickTickTrader account, associated with one email address. However, one cannot create multiple TickTickTrader accounts for the same user.
Does TickTick Trader provide direct funding?
Yes, TickTick Trader offers direct funding through TTT Direct Accounts. These accounts let traders skip the evaluation phase and start trading immediately.
How does TickTickTrader work?
TickTickTrader operates by sharing risks and profits with traders. The process starts with registration on their platform, where traders choose a subscription and purchase an evaluation pack using major credit/debit cards or cryptocurrency. Traders then download and install Rtrader Pro, and their preferred trading platform, receiving a free license key for either NinjaTrader or JigsawTrading upon request. During the evaluation phase, traders can execute trades following the guidelines of their chosen plan. Upon meeting their targets, they submit their accounts for validation. Experienced traders at TickTickTrader review these accounts. Once validated and all requirements are met, traders advance to become TTTPerformance Traders, enabling them to earn money by trading on TickTickTrader’s accounts.
What are TickTickTrader Rules?
There are 5 main rules for TickTick Trader. The Guidelines are listed below:
- Don’t hit the TickTick Drawdown
- Respect the Maximum Position Size
- Don’t hit the daily loss limit
- Avoid trading during non-approved hours
- Don’t trade non-allowed instruments
Additionally, funded traders with TTTPerformanc accounts and TTTDirect accounts must also follow a 30% consistency rule.
In addition to TickTickTrader rules, Traders are also requested to meet the 1 trading objective, which is reaching the profit target.
The table below shows the TickTickdrawdown value, the daily loss limit and the contract size of every account size:
| Option | Account size (Eval) | TickTick Drawdown | Daily Loss Limit | Contract Size |
|---|---|---|---|---|
| TTTEvaluation Accounts | $25K | $1500 | $500 | 4 mini |
| TTTEvaluation Accounts | $50K | $2500 | $1250 | 10 mini |
| TTTEvaluation Accounts | $100K Express | $3500 | None | 14 mini |
| TTTEvaluation Accounts | $100K Pro | $3500 | $2500 | 14 mini |
| TTTDirect Accounts | $10K | $1000 | $350 | 5 micro |
| TTTDirect Accounts | $25K | $1500 | $500 | 4 mini |
| TTTDirect Accounts | $50K | $2500 | $1250 | 10 mini |
How does TickTickTrader’s Trailing Maximum Drawdown work?
TickTick Trader’s Trailing Maximum Drawdown helps control losses. It shows the biggest loss from a high point, updated at the end of the day (EOD). If the account money drops to or below the drawdown limit, the account closes to stop more losses. Traders can check their drawdown on Rtrader Pro and Tradovate dashboards. If the account money increases at day’s end, the drawdown updates based on actual earnings. For example, in a $100,000 account with a $3,500 drawdown, if the money increases over five days, the drawdown changes based on actual earnings. Traders can easily check the drawdown on the dashboards using the “Auto Liquidate Threshold” or the “TR. MAX DRAWDOWN” line.
Is TickTickTrader’s Drawdown calculated at the end of the day?
Yes, TickTick Trader’s Drawdown is calculated at the end of each trading day during the evaluation phase. It does not change at all during the day. This calculation takes into account only the profits realized at the end of the trading day, excluding any unrealized profits.
What are TickTickTrader’s Trading Hours?
TickTick Trader’s permitted trading hours are as follows: For CME Globex, you can trade from 6:00 p.m. to 5:00 p.m. ET from Sunday to Friday, but there’s a break from 5:00 p.m. to 6:00 p.m. ET each day. For CME ClearPort, you can trade from 6:00 p.m. to 6:45 p.m. ET from Sunday to Thursday, and then there’s a short break until 7:00 p.m. ET for maintenance. It’s important to close all trades by the end of the day to keep your account safe. These times are based on Chicago time (CT), so if you are in a different time zone, you’ll need to convert these times to your local time.
What are TickTickTrader’s Instruments?
TickTick Trader’s Instruments are listed below:
- Micro Futures: 4 types (Including Micro E-Mini S&P 500, Micro E-Mini Dow Jones, Micro E-Mini Nasdaq-100, and Micro E-Mini Russel 2000).
- Equity Futures: 6 types (Including E-mini S&P 500, Nikkei NKD, E-mini NASDAQ 100, Mini-DOW, E-mini Midcap 400, and Russel 2000).
- Currency Futures: 7 types (Covering major currencies like Australian Dollar, Canadian Dollar, Euro FX, E-micro Euro, Japanese Yen, Swiss Franc, and New Zealand Dollar).
- Interest Rate Futures: 6 variants (Spanning Eurodollar, 2-Year Note, 5-Year Note, 10-Year Note, 30-Year Bond, and Ultra-Bond).
- Agricultural Futures: 7 forms (Covering Lean Hogs, Live Cattle, Feeder Cattle, Corn, Wheat, Soybeans, along with Soybean Meal and Soybean Oil).
- Energy Futures: 5 varieties (Including Crude Oil, Micro Crude Oil, E-mini Crude Oil, Natural Gas, and E-mini Natural Gas).
- Metal Futures: 5 versions (Gold, E-micro Gold, Silver, Copper, and Platinum).
Each trader, whether on a TTTPerformance Account or still under evaluation, must remember to adjust the contract in the chosen market when the rollover date arrives. Failing to do this by the specified date will be considered a violation of TickTick Trader’s trading rules.
TickTickTrader uses which trading platforms?
TickTick Trader uses the 25 trading platforms listed below:
- NinjaTrader
- Jigsaw DayTradr
- Bookmap
- Tradovate
- Rithmic
- 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
How To Set Up Tradovate for TickTick Trader?
To Set Up Tradovate for TickTick Trader, traders must follow the following 8 steps to trade using Tradovate:
- Receive payment confirmation email with Tradovate login details upon purchasing a subscription with TickTickTrader.
- Log in to Tradovate using the provided username and password, ensuring the same email address is used for registration and login.
- Read and understand the “Market Data Subscriber Certification,” self-certify as a Non-Professional Subscriber, select “Non-professional,” and click “Next.”
- Review and agree to the Uniform Subscriber Agreement and the Federal Electronic Signatures In Global and National Commerce Act (E-Sign), input your full registered name and the current date, then click “Sign.”
- Read and agree to the Tradovate End User License Agreement.
- Select “Simulation” as the trading mode and click “Continue.”
- Click “OK” on the “Update Your Market Data” message appearing on the left side panel.
- Wait for the charts to load, indicating a successful connection to Tradovate.
Does TickTickTrader allow trade copiers?
No, TickTick Trader doesn’t allow trade copiers or copying trades between accounts.
Conclusion regarding TickTick Trader
TickTickTrader offers a streamlined evaluation process for traders, with both evaluation-based and direct funding options. As highlighted by Trading Funder, the firm’s fast payouts, flexible account types, and excellent customer support make it an attractive choice. However, traders should be mindful of strict rules, like the daily loss limit and the trailing drawdown, as well as the early payout retention structure. Overall, TickTickTrader is a reliable platform for futures traders, and our Trading Funder insights help you evaluate if it aligns with your trading objectives.
