FAQ'S
General
To start your Tradicave journey, visit the challenges section on the website. Select your preferred challenge and purchase the challenge. Shortly after, you’ll receive an email with login credentials
We are partnered with Eightcap as our broker to offer industry leading spreads and commissions for traders. To simulate trading conditions we include their commissions and optimized market conditions including spreads.
After you sign up, you’ll receive your login credentials within an hour. If you register over the weekend, expect the logins by Monday morning (UTC +11 hours). If the email isn’t in your inbox, check your spam folder. If you still can’t find it, contact our support team at support@tradicave.com, and we’ll promptly assist you in getting your logins
There are no profit targets required to be reached on the live funded account. Therefore, to make a withdrawal the account must be in profit.
To request a payout, please go to your dashboard and select the Payout/ Profit Share option to request a payout.
Once you send your request, our payments team will verify if you meet the eligible criteria to make a withdrawal, if so they will process the payout either via Cryptocurrency or Bank Transfer.
Please notice that once you create a funded account, you will be required to sign the Independent Contractor Agreement and fill out the Payment Method form, where you will provide your preferred payment method to process your future requests.
No, you cannot withdraw profits generated from the evaluation stage.
After passing the evaluation, you trade simulated funded accounts. These accounts feature virtual funds, and traders may receive a profit share based on the simulated profit, determined by the associated Profit Split. It’s essential to note that a Simulated Funded Account is fully simulated, using real market quotes, and trading data is employed by our proprietary trading firm for strategy development.
There is no restriction on the number of accounts you can trade simultaneously. However, the total funding amount across all accounts is capped at $600,000 USD.
Account termination can result from:
-Violating daily drawdown/total drawdown given.
-Inactivity for 30 days (Evaluation/Funded)
To prevent vacant accounts, termination may occur after 30 days of inactivity. Notifying the team in advance secures your account during extended inactivity. Providing reasons within 30 days exempts you from the violation. Continuous warnings for copy trading or account management can also lead to account loss.
We do not require you to use a stop loss for each trade, however for risk management purposes, we strongly recommend you always use one.
Hedging a position on your own account is allowed. However, you are not allowed to hedge between accounts, such as using 2 trading accounts to open opposing trades on the same instruments with the same lot size at the same time.
Accounts will be breached if inactive for 30 days.
At this time, High Frequency Trading is allowed but only during the 1 Phase evaluation stage.
Copy trading between personal accounts is allowed. Copy trading from 3rd party IP addresses is strictly prohibited
News trading are not allowed 5 minutes before and after the red folder news events.
You can use trader copiers to replicate your personal trades on your TRADICAVE live account. Ensure no identical orders are placed simultaneously with other traders on the platform. This policy applies to the funded stage only.
Yes, weekend holding is allowed.
No, we don’t allow merging of accounts. However we allow for a total funding amount of up to $600,000 USD
Within 1-2 hours. Once you pass the evaluation, you will receive an evaluation success email. You can follow the prompts in the email and receive the live funded account right away
We aim to process payouts as quickly as possible. Our average withdrawal processing time is within 3 to 5 business days
The minimum withdrawal amount is $100 USD
There are no ongoing fees to use the platform.
No, Tradicave does not impose any time constraints on the evaluation stage. Therefore, traders have an unlimited duration to successfully complete the challenge.
Certainly, as an acknowledgment of your expertise and accomplishment, Tradicave will provide you with our official certificate.
- Payout 1 (30 days): Profit split 50% – Profit cap 4%
- Payout 2 (14 days): Profit split 60% -Profit cap 4%
- Payout 3 (14 days): Profit split 70% – Profit cap 4%
- Payout 4+ (14 days): Profit split 70% + refund
- Payout 1 (30 days): Profit split 80% + refund
- Payout 2 (21 days): Profit split 80%
- Payout 3 (14 days): Profit split 80%
You must be 18 years or older to join this site.
Due to regulatory conditions, we are unable to offer services with traders residing in the following countries: Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk or Luhansk regions of Ukraine), Somalia and Syria.
The provision of services is not extended to individuals who appear on sanction lists, possess criminal records associated with financial crime, terrorism, or have been previously prohibited due to breach of contract, with no allowances.
As of 20th February 2024, residents of the United States are unable to purchase challenges on this site. US citizens residing outside the US who possess a valid resident ID may still continue to use the services.
FAQs
1. When can affiliates request payouts commission?
Affiliates can request once they reach a minimum balance of $100.
2. How often can affiliates request commissions?
Affiliates can request payouts every 15th and 30th of the month.
3. How are commissions calculated?
Affiliates earn a commission of 10% from the total sales generated through their referral links.
4. How to request payouts commission?
You can request payouts by emailing your Name, Affiliate ID, Amount, and Crypto Wallet (USDT-TRC20) to our support email at support@tradicave.com
5. Are there any fees associated with payouts?
No, we do not charge any fees for processing payouts to our affiliates.
6. Can affiliates track their earnings and payout requests? Yes, affiliates have access to a dashboard where they can track their earnings and payout requests in real-time.
7. What payment methods are available for payouts?
Currently, we offer payouts through Crypto only.
8. Is there a delay in receiving payouts?
Payouts are typically processed within 1-3 business days after the request is made.
9. What happens if an affiliate’s balance is below the minimum threshold?
If an affiliate’s balance is below the minimum threshold, they can continue accumulating earnings until they reach the required amount for payout.
10. How can affiliates ensure timely payouts?
To ensure timely payouts, affiliates should ensure that their payout requests are made before the designated payout dates (15th and 30th of each month).
11. Can affiliates change their payout preferences?
Yes, affiliates can update their payout preferences at any time through their account settings.
12. Are there any restrictions on payout requests?
Payout requests must adhere to our terms and conditions, and any suspicious activity may result in delayed or declined payouts.
13. What should affiliates do if they encounter issues with their payouts?
If affiliates encounter any issues with their payouts, they should contact our dedicated support team for assistance at support@tradicave.com.
14. Are there any taxations for affiliate payouts?
Affiliates are responsible for any tax implications resulting from their earnings. We recommend consulting with a tax professional for guidance.
1-Phase Challenges
To become a funded trader with TRADICAVE, reach 10% profit target in Phase 1 based on the initial account balance. After advancing to Funded, no specific profit targets or time limits apply.
In our challenge, we use equity drawdown limits. This means your available drawdown for the day would be 5% of your balance at the start of the day (5pm EST). Please look at the examples below to ensure you fully understand this.
Example 1:
On a 100K Account, if at 5pm EST you have an open trade with a floating profit of $2,000, your account equity will be 102K. With a 5% daily drawdown, the equity cannot drop below $97,000 ($102,000 – $5,000 = $97,000) on the next trading day.
Example 2:
If on a 100K Account at 5pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $5,000 will be calculated on a $100K balance. This means for the next trading day, the equity cannot drop below $95,000 ($100,000 – $5000 = $95,000).
Example 3:
If there are no open trades at 5pm EST, the daily drawdown will be 5% of whatever the closed balance is.
Our total drawdown rules is designed to be fair and rewarding, keeping simplicity at its core. You can’t lose more than 10% of your starting balance. The more profit you accumulate, the less likely you are to violate this rule.
For instance, with a $100,000 account, the rule is violated only when the balance falls below $90,000. If your balance grows to $130,000, you can sustain losses up to $40,000 without violating the total drawdown rule. Always bear in mind the daily drawdown rule, as violating it may lead to losing your account or failing a challenge.
There is no minimum trading day on 1 Phase Challenges
During the evaluation phase, there are no restrictions on trading styles. All type of EAs including High Frequency Trading (HFT) are allowed.
Yes, we offer a refund along with your profit on your 4th payout, even if you pass the challenges using High-Frequency Trading (HFT).
2-Phase Challenges
To become a funded trader with TRADICAVE, reach 8% in Phase 1, and 5% in Phase 2 based on the initial account balance. After advancing to Funded, no specific profit targets or time limits apply—just adhere to drawdown rules to safeguard the account.
In our standard challenge, we use equity drawdown limits. This means your available drawdown for the day would be 5% of your balance at the start of the day (5pm EST). Please look at the examples below to ensure you fully understand this.
Example 1:
On a 100K Account, if at 5pm EST you have an open trade with a floating profit of $2,000, your account equity will be 102K. With a 5% daily drawdown, the equity cannot drop below $97,000 ($102,000 – $5,000 = $97,000) on the next trading day.
Example 2:
If on a 100K Account at 5pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $5,000 will be calculated on a $100K balance. This means for the next trading day, the equity cannot drop below $95,000 ($100,000 – $5000 = $95,000).
Example 3:
If there are no open trades at 5pm EST, the daily drawdown will be 5% of whatever the closed balance is.
Our total drawdown rules is designed to be fair and rewarding, keeping simplicity at its core. You can’t lose more than 12% of your starting balance. The more profit you accumulate, the less likely you are to violate this rule.
For instance, with a $100,000 account, the rule is violated only when the balance falls below $88,000. If your balance grows to $130,000, you can sustain losses up to $42,000 without violating the total drawdown rule. Always bear in mind the daily drawdown rule, as violating it may lead to losing your account or failing a challenge.
There is 5 minimum trading day on 2 Phase Challenges
During the evaluation phase, there are no restrictions on trading styles. All type of EA are allowed except High Frequency Trading (HFT). HFT are NOT allowed on this challenge
Yes, we offer a refund along with your profit on your 1st payout
Funded
HFT are not allowed on funded phases.
All type of EA’s are allowed except EAs that use prohibited strategies such as grid trading, guaranteed Limit Orders and Latency Arbitrage.
There is no profit target to achieve on the funded phases, and the minimum withdrawal amount is $100 USD.
During this stage, two type of profit consistency rule is in effect.
1. General profit consistency accounts for a single trade (25% of the requested profit cannot be made in a single trade)
2. Daily profit consistency accounts for the total profit made in a single day. (25% of the requested profit cannot be made in a single day)
CONSISTENCY RULES (1 PHASE)
Profit Consistency:
Please be aware that 25% general profit consistency and 25% daily profit consistency rules apply only in the funded stage.
For instance, if your $100,000 account accumulates a total profit of $10,000 over a 30-day period, no single trade OR no single day profit can exceed 25% of $10,000, which is $2,500.
Upon submitting a payout withdrawal request, any trades violating this rule will be considered a soft breach. We will remove the invalid trades while ensuring continued account access.
Lot Size Consistency:
The lot size consistency rule comes into play after a payout withdrawal request is made, ensuring uniformity in your trading. To meet the Lot Size Consistency Rule, your average trade size is used to establish your trading range. The range is determined by doubling your average trade size for the maximum value and multiplying it by 0.25 for the minimum value.
Upon the submission of a payout withdrawal request, any trades violating this rule will be considered a soft breach. We will remove the invalid trades while maintaining account access.
For example, let’s say a trader executes 50 market trades with a total of 100 lots traded. The average trade size is calculated as follows:
Average Trade Size = 100 lots / 50 trades = 2 lot
Maximum: 2 lot x 2 = 4 lots
Minimum: 2lot x 0.25 = 0.5 lots
Lot consistency range: 0.5 lots to 4 lots
So your trades must be between 0.5 and 4 lots. Any trades that fall out of the range will be removed.
Note: Any trades that are placed within a 30 second window of each other will be considered a single trade when calculating consistency.
No matter how much profit you’ve earned, the profit cap is set at 4%, meaning you can have a maximum 4% profit of the size account you originally purchased.
1 PHASE HFT CHALLENGE
-Minimum of 10 trading days for the first withdrawal and a minimum of 5 trading days for subsequent withdrawals.
2 PHASE STANDARD CHALLENGE
-Minimum of 5 trading days for every cycle of withdrawal.
You may hold trades over the weekend during the Funded phases.
During the Funded phase, you may hold trades during news, but you are prohibited to open or close the trades 5 minutes before and after the red folder news events.
Prohibited during the Funded phases and will be reviewed:
-Grid Trading or Grid Trading Software
-Latency Arbitrage
-Hedging Orders across Multiple Accounts
-Exploiting News Volatility with Guaranteed Limit Order Fills
-Use of Delayed Data Feeds for Risk-Free Profit
-Copy Trading of Signals/System from another Person or Among Multiple Users on Our Platform
-3rd Party Account Management
-Our aim is to be open to various trading styles, but these specific strategies are restricted during the funded stage due to their inability to be replicated in live markets, reliance on demo conditions, or their design to manipulate the system.
There is no limit trade position for Currency, Indices and Crypto. Only Commodities have limit 3 trades position at one time.
Yes, max lot limit is 10 lot per instrument.
