Tradicave offers two distinct challenge formats that aim to evaluate your trading abilities over time: the 1 Phase and 2 Phase Adventures.
For traders seeking a straightforward challenge, the 1 Phase Adventures program is ideal. Here's what it entails:
Pricing:
Rules:
Pricing:
Rules:
Tradicave currently does not offer any scaling plan. Once you've completed the challenges and become a funded trader, your account size remains static without additional growt. Although Tradicave does offer maximum allocation of up to $600,000.
Tradicave has partnered with Eightcap as their broker, ensuring traders get access to some of the best spreads and commissions available. To replicate real market conditions, spreads are optimized, including the commission structure from Eightcap.
During the funded phase, Tradicave enforces specific rules around news trading. You may hold trades during news events, but opening or closing trades is prohibited 5 minutes before and after red folder news events.
Tradicave uses equity-based drawdown limits for the daily drawdown in their standard challenge. Your daily drawdown is calculated everyday at the end of the day at 55pm EST. as it is equity based drawdown therefore the drawdown limit will keep changing as the account balance grows or shrinks.
Due to regulatory reasons, traders from the following countries cannot participate in Tradicave’s challenges:
Certain strategies are restricted during the funded phases at Tradicave to maintain fair and replicable trading conditions:
To request a payout, traders need to access their dashboard and select the Payout/Profit Share option. Once your eligibility is confirmed by the payments team, payouts are processed either via Cryptocurrency or Bank Transfer.
Tradicave's partnership with Eightcap provides industry-leading spreads and commissions. These conditions closely simulate live trading environments, ensuring realistic trading scenarios for all participants.