Details About Tradiac

  • Legal Name: The legal name of Tradiac is Nordic Funder KB.
  • Company Number: The registration number of Tradiac is 969783-7335.
  • Country of Registration: Tradiac is registered in SE.SE
  • CEO: The CEO of Tradiac is not publicly disclosed.
  • Support Mail: You can contact Tradiac at no publicly available support email.
  • Phone: The phone number for Tradiac is not publicly available.
  • Payment Modes: Tradiac supports payments via Crypto, Credit/Debit Card.
  • Withdrawal Modes: Tradiac facilitates withdrawals through Wire Transfer/ Bank Transfer, PayPal.
  • Official Website: Visit the official website of Tradiac at https://tradiac.com.
  • Banned Countries: Tradiac does not allow traders from undisclosed countries.

Challenge Details at Tradiac

  • Types of Challenge:The challenges offered at Tradiac include One Phase Challenge.
  • Trading Platforms:Tradiac supports trading on undisclosed platforms.
  • Trading Instruments:Traders at Tradiac can trade Forex, Metals, oil, Indices.
  • Broker:The broker associated with Tradiac is Scandinavian Capital Markets.
  • Max Allocation:The maximum allocation provided by Tradiac is 100,000.
  • Scaling:The scaling potential at Tradiac reaches up to 1,000,000.
  • Trading Competitions:Tradiac does not organize trading competitions for traders.
  • Free Trials:Tradiac does not offer free trials to its users.

Company Information

  • Company Name: Tradiac
  • Company Legal Name: Nordic Funder KB
  • Company Registration No.: 969783-7335
  • Operating Since: Undisclosed
  • CEO Name: Undisclosed

Challenge Details

Tradiac offered three account types—Tradiac, Braniac, and Maniac. Here are the details :-

Tradiac Details :-

Pricing:

  • Price: $10,000: $95
  • Price: $20,000: $190
  • Price: $50,000: $475
  • Price: $100,000: $950

Rules:

  • Profit Target (Phase 1): 10%
  • Profit Target (Phase 2): Not applicable
  • Total Loss: 10%
  • Daily Loss: 5%
  • Profit Share: 90%
  • Drawdown Type: Undisclosed
  • Time Limit: Unlimited
  • Leverage: 1:100
  • Max Lot Size: No limit
  • Payout Frequency: 14 days
  • Allows Copy Trading: No
  • Min Trading Days: 0

Braniac Details :-

Pricing:

  • Price: $10,000: $140
  • Price: $20,000: $280
  • Price: $50,000: $700
  • Price: $100,000: $1,500

Rules:

  • Profit Target (Phase 1): 20%
  • Profit Target (Phase 2): Not applicable
  • Total Loss: 20%
  • Daily Loss: 10%
  • Profit Share: 90%
  • Drawdown Type: Undisclosed
  • Time Limit: Unlimited
  • Leverage: 1:100
  • Max Lot Size: No limit
  • Payout Frequency: 14 days
  • Allows Copy Trading: No
  • Min Trading Days: 0

Maniac Details :-

Pricing:

  • Price: $10,000: $140
  • Price: $20,000: $280
  • Price: $50,000: $700
  • Price: $100,000: $1,500

Rules:

  • Profit Target (Phase 1): 30%
  • Profit Target (Phase 2): Not applicable
  • Total Loss: 30%
  • Daily Loss: 15%
  • Profit Share: 90%
  • Drawdown Type: Undisclosed
  • Time Limit: Unlimited
  • Leverage: 1:100
  • Max Lot Size: No limit
  • Payout Frequency: 14 days
  • Allows Copy Trading: No
  • Min Trading Days: 0

Scaling Plan

Tradiac featured a unique scaling plan to reward consistent traders. Once a trader got funded, they would be given a profit target and traders who reach that profit target will be rewarded with 100% account size increase and the max scaled up limit was set to $1 million. Each time a trader reached the required profit target, they were also given a new challenge account as well.

Spreads and News Trading Rules

Spreads

Tradiac allowed traders to monitor live spreads through their contract specification page. Here is the link - https://tradiac.com/contract-specification/

News Trading Rules

Tradiac had not mentioned the news trading rule.

Other Important Rules

Daily Drawdown Calculation:

Tradiac calculated Daily Drawdown based on the previous day's end-of-day balance at 22:00 UTC. The drawdown type used here was balanced based which means the drawdown limit will only increase and doesn't reduce as the account bears a losing trade.

Countries Banned from Purchasing:

Tradiac accepted traders worldwide, except those from sanctioned countries. Traders can check the OFAC sanctioned countries here - https://ofac.treasury.gov/sanctions-programs-and-country-information

Prohibited Trading Strategies:

Tradiac allowed traders to trade based on the strategies they prefer but had restricted these strategies:

  • Scalping
  • High-frequency trading

Payout Methods:

Tradiac used to provide payout via two main methods :-

  • PayPal: Up to 72 business hours.
  • Bank Wire: Up to 10 business days.

Trading Commissions

Trading Commissions set by Tradiac were as followed:

  • Currencies & Metals: $7 per lot
  • Oil & Indices: No commission

IP Rule

As Tradiac is now closed, IP Address information is not mentioned by Tradiac.

Tradiac Challenge Account Pricing

TRADIAC

TRADIAC Price Card Bar

Pricing

Size: 10000 ($95)

Size: 20000 ($190)

Size: 50000 ($475)

Size: 100000 ($950)

TRADIAC Left Icon

Features

TRADIAC Right Icon

Drawdown Type

Balance Based Drawdown

Copy Trading

Copy Trading Not Allowed

Drawdown

10%%

EA Allowed

EA Not Allowed

News Trading

News Trading is Not Allowed

Profit Target

10%

Daily Loss

5%

BRAINIAC

BRAINIAC Price Card Bar

Pricing

Size: 10000 ($140)

Size: 20000 ($280)

Size: 50000 ($700)

Size: 100000 ($1500)

BRAINIAC Left Icon

Features

BRAINIAC Right Icon

Drawdown Type

Balance Based Drawdown

Copy Trading

Copy Trading Not Allowed

Drawdown

20%%

EA Allowed

EA Not Allowed

News Trading

News Trading is Not Allowed

Profit Target

20%

Daily Loss

10%

MANIAC

MANIAC Price Card Bar

Pricing

Size: 10000 ($190)

Size: 20000 ($380)

Size: 50000 ($950)

Size: 100000 ($1900)

MANIAC Left Icon

Features

MANIAC Right Icon

Drawdown Type

Balance Based Drawdown

Copy Trading

Copy Trading Not Allowed

Drawdown

30%%

EA Allowed

EA Not Allowed

News Trading

News Trading is Not Allowed

Profit Target

30%

Daily Loss

15%

Frequently Asked Questions

Reviews

No reviews availavle!

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