TICKTICKTRADER VS BLUSKY TRADING COMPANY

TickTickTrader VS BluSky Trading Company - Comparison Funded Frogram

TickTickTrader was established in 2022, with roots in the prop trading industry dating all the way back to 2004. Dissatisfied with the problems that cropped up all too often with existing prop firms and finding a consistent lack of transparency in the industry, TickTickTrader’s founders were keen to create their own platform free from these challenges and instead focused on assisting their traders in achieving financial independence. And indeed, TickTickTrader stands out for its intuitive setup and clear-cut rules, helping to instil a sense of trust and ease in traders partnering with the firm.

Combining an excellent understanding of today’s futures market and a drive to provide traders with cutting-edge tools, TickTickTrader is the ideal firm for the contemporary futures traders of today. Their business model is premised on the idea that success of the firm’s traders equals success for the firm, and as a result the trading environment is a highly supportive one, with responsive and efficient customer service available at any hour and a dynamic community of traders.

BluSky Trading Company is also attracting a lot of buzz, with an outstanding performance of late leading to a growing number of traders recommending its funded programs. The prop firm provides a straightforward selection of programs and a scalable static account, meaning it caters to traders with varying levels of skill and experience.

What particularly sets BluSky apart from other firms in the industry is its rapid funding process: traders can qualify for funding in just eight days, which is quicker than the typical ten days stipulated by many other prop firms. What’s more, withdrawals are allowed daily, without any requirements regarding minimum trading days.

The firm’s core philosophy is to empower profitable traders by providing them with the capital and support needed to succeed in the long-run and in doing so, fostering lasting partnerships with them. Funded traders receive 80% of the profits they generate to begin with. This increases incrementally alongside growth in profits, to 85% and then 90%. Traders who are especially profitable may even be given a customised payout structure that exceeds 90%.

Screenshot 1134 TickTickTrader VS BluSky Trading Company

Screenshot 155 1 TickTickTrader VS BluSky Trading Company



BluSky Trading Company is best for:




TickTickTrader is best for:



Traders looking for simple rules with a high degree of transparency.

Skilled traders who already have some experience trading futures.

Those looking for a platform that’s easy to use.

Traders who want a generous profit share.

Traders who will benefit from an incrementally increasing profit split.

Those who like the flexibility of a variety of challenge options and funding levels.

Those who value flexibility, without consistency or minimum trading day restrictions.

Traders prioritising membership of a supportive trading community.

Comparative Table of TickTickTrader and BluSky Trading Company:

TickTickTrader and BluSky Trading Company are both well-known and well-liked entities in the prop trading sphere. They share a core principle of enabling traders to showcase their skills, and then providing them with trading capital. However, each firm has its own particular features, rules, benefits and drawbacks. The table below highlights their similarities and differences.



Feature




BluSky Trading Company




TickTickTrader



Instruments


Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures.

Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures.

Challenge Types


One Step Evaluation

Two-Stage Evaluation Process

Challenge Account Sizes


Premium: $25,000, $50,000, $100,00 & Static: $150,000, $200,000

Different challenges between $25,000 up to $100,000

Challenge Cost


$109, $232 or Static: $160 to $285

$145 up to $699/month

Minimum Trading Days


8 days

none

Max Position Size


2 contracts

4 to 14 contracts

Profit Target


$1,500 up to $6,000

$1,500 up to $6,000

Payout Split


Between 0-$20,000: 80%
$20,000-$50,00: 85%
>$50,000: 90%
>$100,000: personalised offer


100% payout for the initial three months of withdrawals, with a 90% profit share thereafter.

Additional Points:

TickTickTrader: There are a number of benefits to TTT Direct Accounts: enhanced flexibility, instantaneous withdrawals, potential for bigger profits, and the chance to get trading straight away with a TTT Performance Account, bypassing the evaluation phase completely.

BluSky Trading Company: There’s 30% consistency rule in place, which means one day’s profits mustn’t be greater 30% of the profit target.

Deeper Dive into BluSky Trading Company vs. TickTickTrader

Next up, we take a closer look at the respective rules of both firms.



Rule Category




BluSky Trading Company




TickTick Trader



Scalping


Allowed

Allowed

Day Trading


Allowed

Allowed

Swing Trading


Allowed

Allowed

Holding Positions Overnight


Not Allowed

Allowed

Holding Positions Over Weekends


Not Allowed

Not Allowed

Copy Trading


Allowed

Allowed

News Trading


Allowed

Not Allowed

Maximum Daily Loss:

  • TickTickTrader: Every account comes with its own particular daily loss limit, which means that the targets are realistically achievable for every trader. Your account will be carefully monitored throughout the trading day to check you don’t reach or exceed your limit.
  • BluSky Trading Company: BluSky also has a daily loss limit which you mustn’t breach.

Maximum Drawdown:

  • TickTickTrader:The TickTick Drawdown (how much drawdown you’re allowed) is calculated at the end of each trading day, taking into account realised profits but not any unrealised profits you might have aimed to make during the day.
  • BluSky Trading Company: The firm concentrates on the trailing drawdown limit, which is applied in real-time throughout each trade.

Withdrawal:

  • TickTickTrader: Traders with a TTTPerformance Account are rewarded for their performance with immediate access to their profits, so long they stick to the Maintain Consistency Rule and their balance surpasses the minimum safety threshold. We set out the firm’s payout policy below:
    • Minimum withdrawal requirement: $250.
    • Safety threshold to withdraw profits: varies by account size.
    • Withdrawal processing time: five business days.
    • Deactivated accounts: Withdraw up to 20% of total profits, provided the account balance exceeds the safety threshold and adheres to the firm’s Maintain Consistency Rules. There is no minimum withdrawal requirement for deactivated accounts.

Direct Accounts provide the opportunity for higher profits and allow traders to withdraw funds instantly, eliminating the need for a 40-trading-day waiting period. As soon as traders surpass the safety threshold, they are free to request a withdrawal.

  • BluSky Trading Company: BluSky enables daily withdrawals, allowing funded traders to request withdrawals starting from the first day. The initial profit split is 80/20, which increases to 90/10 as traders generate more profit, with the possibility of an even higher split for exceptionally successful traders. The minimum withdrawal amount is $250. Payouts can be processed via ACH, wire transfer, PayPal, or cryptocurrency.

Leverage:



Leverage Futures




BluSky Trading Company




TickTickTrader



Futures

1:1

1:1

BluSky Trading Company vs. TickTickTrader: Pros and Cons

Pros

Cons

Pros

Cons

Conclusion

TickTickTrader’s strong point is the autonomy it grants its traders – something that will be particularly valuable to traders with a reasonable level of experience who will appreciate the high degree of flexibility. Bigger daily limits, no news trading restrictions and no minimum trading day requirements give traders with the requisite abilities the chance to make the most of market opportunities. TickTickTrader’s pricing and tiered account sizes are attractive, and the firm’s risk management policy does a good job of balancing the need to minimise risk while at the same time enabling traders to employ profitable trading strategies. The few small downsides are that TickTickTrader caters exclusively to futures traders, and neither automated trading nor holding overnight positions are permitted.

BluSky Trading Company is clearly also highly dedicated to the success of its traders, albeit coming at it from a different angle. There’s a strong focus on assisting traders to maximise their profits, with profit share increasing with every withdrawal. The use of algorithms and automated robots is allowed, there are no consistency rules, and you can request an increase in your position size once you’ve shown you can consistently trade profitably. What’s more, there aren’t any unnecessary brokerage rules making it harder for you to keep your funded accounts.

To conclude, TickTickTrader and BluSky Trading Company are both very attractive prop firms. This means that deciding between the two will really be a question of your personal preferences and needs: your appetite for risk, your goals, and experience. It’s definitely wise to conduct some further research to be sure you’re choosing the firm which is the best fit for you.

TickTickTrader VS BluSky Trading Company - Comparison Funded Frogram

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