Verified: TickTickTrader Company Domain Name Registered In May 2021, Is A Proprietary Trading Company That Provides Futures Proprietary Trading.
As For Regulation, It Has Been Verified That TickTickTrader Has Not Obtained Any Valid License At Present.
And Most Non-compliant Brokers Will Not Disclose To Provide Their Direct Real Contact Information, Such As Phone Number Or Company Address.
Note: TickTickTrader As An Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of Regulatory Authority To Hold The Company Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
According To An Internet Query:
TickTickTrader Claims To Have Been Established In 2004, But The Company's Domain Name Was Only Registered In 2021 After A Query. They Are A Trading Platform Located In The United States. However, The Platform Operates Without Regulatory Oversight And Traders Are Advised To Exercise Caution.
Pros:
Demo Accounts Available: TickTickTrader Offers Demo Accounts Where Users Can Practice Trading Strategies And Become Familiar With The Platform Without Taking Real Risks.
Low Minimum Deposit: The Platform Has A Minimum Deposit Requirement Of Only $99, Making It Easier For Traders With Less Capital To Enter The Market.
24/7 Live Chat: TickTickTrader Offers 24/7 Live Chat Support Where Users Can Get Help More Efficiently.
Cons:
Unregulated: TickTickTrader Operates Without Regulatory Oversight, Potentially Exposing Traders To Higher Risks Due To The Lack Of Regulatory Protection.
Limited Market Tools: The Platform Offers A Limited Range Of Market Tools, Limited To Futures And Options, Limiting Traders' Diverse Options And Trading Opportunities.
Missing Information On Key Trading Conditions: TickTickTrader Lacks Comprehensive Information On Key Trading Conditions, Such As Spreads, Leverage, And Commissions, Which Are Essential For Traders To Make Informed Decisions.
Regulatory Situation:
TickTickTrader Currently Operates Without Regulatory Oversight, Which Means That It Is Not Under The Jurisdiction Or Supervision Of Any Financial Regulator. It Also Does Not Have Any License That Would Enable It To Conduct Business On Financial Marekt. Lack Of Regulation Creates Numerous Risks For Investors, Such As Lack Of Transparency, Security Concerns, And No Assurance Of Compliance With Industry Standards And Practices.
No License
User Feedback: Users Should Check Reviews And Feedback From Other Customers To Get A More Complete Picture Of The Broker, Or Look For Reviews On Well-known Websites And Forums.
SAFETY MEASURES: So Far, We Have Not Found Any Information Regarding The Security Measures For This Broker.
MARKET TOOLS
TickTickTrader Offers A Limited Range Of Market Tools That Focus Primarily On Futures And Options Trading, Providing Users With A Degree Of Trading Opportunity. However, This Narrow Range Of Market Tools Can Be Somewhat Limited, Which Is A Disadvantage For The Broker.
INVESTMENT PLAN
INTRODUCTION PLAN (target $25,000): This Plan Appears To Be The Most Basic Option With A Target Return Of $1,500. It Allows Up To 4 Positions With A Daily Loss Limit Of $500. The Point Retracement, Which Refers To The Maximum Unrealized Loss Of A Position Before It Starts Making Profits Again, Is Set At $1,500. The Cost Of Joining The Program Is $145 Per Month.
Advanced Plan (Target $50,000): The Program Has A Higher Target Return Of $3,000. It Increases The Maximum Position To 10 And Increases The Daily Loss Limit To $1,250. The Point Retracement Remains At $1,500. The Program Has A Monthly Fee Of $160.
Fast Plan (Target $100,000): The Program Has A Different Fee Structure And Charges $99 Every 15 Days. It Has The Same Target Return And Daily Loss Limit As The Advanced Plan, But Can Offer Up To 14 Positions And Keeps The Point Retracement At $1,500.
Professional Plan (target $100,000): This Is The Most Expensive Plan With A Monthly Fee Of $285. It Offers The Same Target Returns And Point Retracements As The Previous Two Plans, But Increases The Maximum Positions To 14 And Increases The Daily Loss Limit To $2,500.
Trading Platform
Bookmap: Bookmap Is An Advanced Trading Platform That Provides Traders With Advanced Visualization Tools For Analyzing Market Depth And Order Flow Dynamics. It Provides A Highly Intuitive Interface That Allows Traders To Make Informed Decisions Based On Real-time Market Data.
NinjaTrader: NinjaTrader Is A Well-known Trading Platform That Is Known For Its Powerful Charting And Analytical Features. It Offers Customizable Charts, Advanced Order Entry Features, And Automated Trading Options For Both Beginners And Experienced Traders.
Jigsaw DayTrader: Jigsaw DayTrader Is A Trading Platform Designed Specifically For Day Traders. It Offers Order Flow Analysis Tools, In-depth Visualization Of The Market, And Trade Execution Capabilities. With Features Tailored To Day Trading Strategies, It Helps Traders Effectively Cope With Rapidly Moving Markets.
Customer Support
TickTickTrader Offers Multilingual 24/7 Support Through Multiple Channels:
Online Chat: Traders Can Communicate With Customer Support Representatives In Real Time Through The Online Chat Feature Available On The Platform.
Contact Form: Users Can Submit Their Questions Or Problems Through The Contact Form Available On The TickTickTrader Website.
Phone: Users Can Directly Contact Customer Support At The Phone Number Provided At + 1 201-754-1528.
Email: Users Can Contact TickTickTrader's Support Team Via HELP@TICKTICKTRADER.COM Email Address For Assistance With Any Queries Or Concerns.
Social Media: TickTickTrader Maintains A Presence On Popular Social Media Platforms Such As Facebook, Instagram And Discord. Users Can Connect With The Platform Through These Channels And Get News, Announcements And Support Related Information.
The Company Address Is Located On The Second Floor, Exchange House, Athol Street, Douglas, Im1 1jd, Isle Of Man, Providing Users With A Physical Point Of Contact.
Conclusion
TickTickTrader Is A Broker That Offers Multiple Trading Platforms And A Relatively Comprehensive Channel Of Customer Support. However, It Offers A Limited Range Of Market Instruments And Currently Has No Information On Regulatory And Important Trading Conditions. We Do Not Recommend That Users Trade With This Broker.
