If you’ve ever wondered about TickTick Trader’s payout policies and rules, this guide is here to give you a complete breakdown. Whether you’re a seasoned trader or just getting started, understanding these rules is vital to maximizing your success.
Why TickTick Trader Stands Out
TickTick Trader offers one of the best “straight-to-funded” trading setups. With three account types—$100K, $150K, and $250K—there’s something for every trading style. They even run exciting giveaways where you can snag a free $100K account. Keep an eye on their social media for your chance to win!
The Payout Threshold: Your Key Metric
Before diving in, the first thing you need to know is the payout threshold. This tells you the profit level required to qualify for a payout. Depending on your account size, here’s how it works:
- $100K Account: $5,000 payout threshold
- $150K Account: $7,500 payout threshold
- $250K Account: $12,500 payout threshold
What makes TickTick Trader stand out is that these thresholds align with the maximum allowable loss for each account. This 1:1 ratio ensures a balanced and transparent trading experience.
The Drawdown and Daily Loss Rules
TickTick Trader calculates drawdowns at the end of the day, giving you more flexibility. Unlike intraday drawdowns used by other firms, this method allows you to manage your trades more strategically. For maximum loss and daily loss:
- Maximum loss mirrors the payout threshold: $5,000, $7,500, or $12,500.
- Daily max loss is set at half of the max loss, ensuring you have a built-in safety net for risk management.
If you hit the daily max loss, your account isn’t closed, but you’ll be restricted from trading for the rest of the day. This rule encourages discipline and helps protect your capital.
Consistency Rule: What You Need to Know
Consistency is critical. TickTick Trader applies a 20% consistency rule, meaning your largest single-day profit cannot exceed 20% of your total gains. For instance:
- If you’ve earned $10,000 over several days, the most you can make in a single day is $2,000 to meet the consistency requirement.
This rule promotes steady, disciplined trading rather than a high-risk, high-reward approach.
No Minimum Trading Days
Here’s some great news: TickTick Trader doesn’t enforce a minimum number of trading days. This means you can request payouts as soon as you hit your targets. Unlike other platforms that require daily profit targets, TickTick Trader gives you the freedom to trade at your own pace.
Profit Sharing and Promotions
Currently, until December 15, 2024, TickTick Trader offers 100% profit payouts. After that, traders keep 90% of their earnings, with TickTick retaining 10% as a commission. This generous split starts from your first withdrawal and applies to all account types.
Why Trust Matters
Trustpilot reviews are an excellent way to gauge a firm’s reliability. With over 6,300 reviews and an average score of 4.7, TickTick Trader stands out as a trustworthy platform. When evaluating any prop firm, always check the percentage of 1-star reviews. A rate above 10% can indicate recurring issues. TickTick’s 1% rate shows it’s a reliable choice.
The Big Picture
TickTick Trader makes it easier than ever to go straight to funded accounts. With no unnecessary challenges, fair rules, and generous profit-sharing, it’s clear why they’re leading the pack. Whether you opt for the $100K, $150K, or $250K account, you’re equipped with transparent tools for success.
So, are you ready to start trading with confidence? Dive into the TickTick Trader ecosystem and take advantage of their current promotions. The path to profitable trading starts here!
