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Tradiac

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Tradiac

Unlisted

Warnings

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What Prop Firm Match Verification Means

We verify prop firms so you don't risk your capital on unknowns. We receive over 100 applications annually and approve fewer than 10 — only firms that meet our strict standards.

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Experiences3

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Unknown User

June 12th, 2024

Each prop firm has a certain rule aimed at 'hobbling' as many traders as possible. One of the strictest rules of any prop firm is Tradiac's 'no scalping' policy. They don't advertise this, but tucked away in their rules documentation is the fact that trades less than 5 minutes in duration are considered 'scalps'. If you exceed a certain threshold, they will terminate your account. They claim this is designed to make traders use good risk management, but one could argue that it does the opposite. Imagine opening a trade, then after 3 minutes there's a major event causing the market to move against you but you can't close your trade or it will be considered a 'scalp'. After approximately 10 days of trading, I was informed that I had passed Tradiac's challenge and was instructed to verify my identity which I did. I received access to my funded account and began trading. 4 days later, Tradiac terminated my account, saying that I had exceeded the threshold of 'scalp' trades during the challenge phase. This behaviour is extremely troubling. An ethical company would inform the trader as soon as a breach occurs. If your style of trading involves almost all 5min+ trades and you don't mind possibly wasting several days trading after being told you passed, Tradiac is probably ok.

Unknown User

April 8th, 2024

Gran propuesta, primera prop firm en permitir un DD de 30% y no solo eso, sus programas son de 1 sola fase, es muy fácil poder entrar a cuenta real

Unknown User

April 8th, 2024

A nice feature they have redemption, a nice setting up of scaling and approachable human support.

Tradiac is not listed on Prop Firm Match

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