TickTickTrader’s New TTTDirect Plans: A Comprehensive Review
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Table of contents
Source: Trust pilot (As of November, 2024)
1. Instant funding plans (TTTDirect) with Tickticktrader
Why TickTickTrader’s Tradovate Direct Accounts Are Game-Changers:
- Instant Funding: Start trading right away—no need for evaluations or profit targets.
- Freedom to Trade at Your Own Pace: With no minimum trading days, you’re in control.
- No Scaling Rule: Trade at full capacity from day one, maximizing your potential.
- Trade Up to 5 Direct Accounts at Once, all data feed providers combined: Perfect for diversifying strategies or increasing earning potential.
- Easy Risk Management with End-of-Day Drawdown: Transparent, hassle-free control.
- On-Demand Payouts: Request payouts anytime—no more restrictive payout windows.
- Feature Flexibility: Copy trading, DCA, and flipping are allowed.
- Smooth Transition to Live Trading: Qualify to transition to a live account after your 6th payout and take your trading to the next level.
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2.Trading Rules for TTTDirect Accounts
Daily Loss Limit (DLL)
The Daily Loss Limit includes all fees and commissions. It acts as a soft breach, meaning hitting the limit does not result in immediate failure. Instead, you can resume trading during the next session.
End-of-Day Drawdown
The trailing drawdown is designed to follow your account growth, moving up as your account earns profits. It does not decrease if your account experiences a losing day. The drawdown is pegged to your account’s highest balance.
Example for a $150,000 account:
- The maximum loss limit only increases when your account reaches a new high.
- Once you reach a 5% buffer threshold (e.g., $7,500 for a $150,000 account), the trailing drawdown stops moving and becomes static at $150,000.
- If your account grows to $180,000, you’ll have a $30,000 cushion before hitting the maximum loss limit.
See example below, for $150,000 account
Notice Max loss limit only moves up when you account balance reaches new high. (not in Day 3, and 4)
From Day 6, since you already reached 5% buffer threshold ($7,500 for $150k), it stops trailing and become static at $150,000. Day 7, you have $10,000 in Max loss limit and if you continue make profit to $180,000. You will have $30,000 to trade with before it hits Max Loss limit.
20% Consistency Rule
Your highest daily profit cannot exceed 20% of your total profit. Use this simple formula to check:
- Highest daily PnL x 5 = Total profit required.
If you don’t meet this rule, you’re not disqualified. Instead, you’ll need to generate additional profits to qualify for a payout
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Payout Policy for TTTDirect Accounts
To request a payout, you must meet the payout threshold. The maximum payout amounts are:
- $2,000 for a $100,000 account
- $3,000 for a $150,000 account
- $4,000 for a $250,000 account
Profit Sharing: Traders receive 90% of the profits, while TickTickTrader retains 10%.
Example: If you have a $150,000 account and your balance reaches $157,500, you can request a $3,000 payout. After the payout, your balance will be $154,500. You’ll need to reach $157,500 again and comply with the 20% consistency rule for future payouts.
After your 6th payout, you may be transitioned to a live trading account, following TickTickTrader’s risk management validation.
Payout Methods
TickTickTrader offers payouts via:
- Wire Transfer
- Cryptocurrency (USDT TRC20)
Minimum withdrawal amount: $250. Make sure you have an account on Binance or a similar platform to receive your USDT (TRC20).
To request a payout, visit the TTT payout page. Once your request is submitted, you’ll receive a confirmation email.
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Is TTTDirect Right for You?
If you’re an experienced trader looking for immediate funding without jumping through evaluation hoops, TTTDirect could be a great fit. However, if you prefer a lower-cost entry point and don’t mind the evaluation process, the standard TickTickTrader plans might be better suited for you.
How to Get Started with TTTDirect
Getting started is simple:
- Visit the TickTickTrader website.
- Select your preferred TTTDirect plan ($100k,$150k,$250k)
- Complete the signup process and start trading immediately.
Ready to get funded instantly? Join TickTickTrader’s TTTDirect Plans today!
Final Thoughts: Is TTTDirect the Best Choice for Prop Traders?
TickTickTrader’s new TTTDirect Plans are a game-changer for traders seeking instant access to funded accounts. With no evaluation phase and flexible account options with big drawdown limits, it’s an appealing choice for those who want to skip the lengthy testing periods. However, it may not be the best fit for beginners or those looking for a lower upfront investment.
If you are a passionate trader and want to trade in a professional environment and share your thoughts and achievements with people who share your passion, this community is definitely for you. Join our free discord server here: https://discord.gg/dVq8AqQVnu or follow us on Twitter Spicycrispyfootprint
You will also find macro-economics and market updates on the server.