Traders who have demonstrated consistent profitability in the simulation environment will be onboarded as contractors for an initial period of six months, which is renewable based on performance. Throughout this period, they will actively trade in the live market on behalf of the firm.
To ensure continuous excellence and reward outstanding performance, we conduct quarterly reviews where the best-performing traders receive additional incentives.
We aim to foster a culture of meritocracy and align the traders' success with the firm's growth.
Contract Limit
Contract limits will be set according to the margin algorithm, factoring in both account size and the specific instrument being traded.
Daily Loss Limit
Established with your Risk Manager during the transition, a custom daily loss limit acts as a soft rule that halts further trading if reached. This measure protects traders from “bad days” and mirrors the safeguards in the SIM environment.
Minimum Account Balance
The account remains active as long as the balance stays above $0.
Payout Requests
Traders may request payouts anytime for amounts over $250, with no consistency rule required.
However, the balance after withdrawal must be equal to or greater than the initial live account balance.
Payouts are swiftly processed within just two (2) business days, ensuring you receive your funds without delays!
Profit Split
A 90/10 profit split applies, allowing traders to retain 90% of profits above the initial transferred balance, with TickTickTrader retaining a 10% commission.
Balance Withdrawal
Traders may withdraw the full balance of their account at the end of their six-month agreement should they choose not to renew it. Traders who underperform may be put on a cooldown period or have their accounts terminated during the quarterly performance review. In such cases, the remaining balance will be paid out to the trader.