Prop Trading Firm TickTickTrader

Discussion in 'Prop Firms' started by William Amaral, May 5, 2022.

  1. wmwmw

    wmwmw

    Now I will compare Tickticktrader 50K account with Myforexfunds 20K account, since their drawdown are close.

    Tickticktrader 50K account:
    drawdown:2500
    profit target:3000
    Profit % to pass challenge:120%
    trailing drawdown
    price:$160/month
    activation fee:$149


    Myforexfunds 20K account:
    drawdown:2400
    profit target:1600 for phase 1,1000 for phase 2(phase 1 needs 30 days, phase 2 needs 60 days)
    Profit % to pass challenge:67% for phase 1, 42% for phase 2.
    fixed drawdown
    price:$139 one time fee;
    112% fee refunded after passing challenge;2% bonus for passing phase 1, 4% bonus for passing phase 2.So you get $227.68 back after you pass challenge.
    one time free extension if you hold positive balance without breaking rules at the end of challenge;
    unlimited free retries if you hold positive balance without breaking rules at the end of challenge;
    free extension means if you end challenge with 1000 profit(missing 1600 profit target), you start next free trial with +1000 profit balance,so you only need to make 600 profit.
     
    Last edited: May 9, 2022
    #11     May 9, 2022
    Masterchanger likes this.
  2. wmwmw

    wmwmw

    Last edited: May 9, 2022
    #12     May 9, 2022
    Masterchanger likes this.
  3. wmwmw

    wmwmw


    Here I compare fundednext and FTMO:

    FundedNext 25K account:
    drawdown: 2500
    profit target:2500
    profit % to pass challenge: 100%
    fixed drawdown;
    price: $199 one time fee
    15% profit if any demo phase end up in profit
    fee refunded after passing challenge
    free unlimited retries if any demo phase end up in profit without breaking rules

    FTMO 25K account:
    drawdown: 2500
    profit target:2500
    profit % to pass challenge:100%
    fixed drawdown
    price: $308 one time fee
    fee refunded after passing challenge

    So we can see FundedNext is better than FTMO in 3 respects:

    1. FundedNext price is cheaper;
    2.FundedNext can earn money right from demo phase;
    3. free unlimited retries

    So overall FundedNext beats FTMO.

    But if we compare FundedNext with Myforexfunds:

    what FundedNext is better: 15% profit in any phase of demo( Myforexfunds has bonus for 2% and 4%, but is less than FundedNext 15%)

    what FundedNext is worse:
    1. FundedNext price is more expensive
    2. FundedNext does not have free extension
    3. FundedNext's profit targets(100% and 50%) are higher than Myforexfunds(67% and 42%)

    So overall Myforexfunds beats both FTMO and FundedNext.
     
    Last edited: May 9, 2022
    #13     May 9, 2022
    Masterchanger likes this.
  4. Hi! I want to thank everyone for helping me on the issue. Hugs and good traders
     
    #14     May 17, 2022
  5. WMWMW,
    That’s the helpful analysis that makes this site great!
    THANKS
     
    William Amaral likes this.