Tradicave Review

Tradicave is a new prop firm established in January 2024. It’s registered in Melbourne, Australia, and the owner is Adi Farel. They offer two types of challenges, 1 Phase challenge, that’s HFT permitted, and 2 Phase challenge that’s not HFT permitted.

Contact Tradicave

You can contact Tradicave via Live chat, social media accounts, and email: [email protected].

Trading Platforms at Tradicave

Tradicave offers a popular platform to trade on, MT4.

Instruments Available with Tradicave

You can trade the following instruments at Tradicave:

• Forex
• Indices
• Crypto
• Metals
• Energies
• Stocks

How to Make Payments at Tradicave

You can pay and request payments at Tradicave with  Bank Transfer and Cryptocurrency.

Account Sizes Available at Tradicave

There are five different account sizes to choose from ranging from $15k to $200k.

Profit Splits in Tradicave

The profit split at Tradicave depends on the challenge and payout.

1-Phase HFT Challenge:

• Payout 1 (30 days) – 60% profit split
• Payout 2 (21 days) – 70% profit split
• Payout 3 (14 days) – 80% profit split
• Payout 3 (14 days) – 80% profit split
• Payout 4+ (14 days) – 80% profit split + refund

2-Phase Standard Challenge:

• Payout 1 (30 days) – 80% profit split + refund
• Payout 2 (14 days)

Profit Targets for Tradicave:

The 1-Phase profit target at Tradicave is 10%. In the first step of the 2-Phase challenge, the profit target is 8%, and 5% in the second.

Maximum Daily Drawdown and Loss at Tradicave

The maximum daily loss for all Tradicave challenges is 5%. The maximum overall loss is quite high in comparison to other prop firms. The 1-Phase challenge has a maximum total loss capped at 10%, and for the 2-Phase challenge, it’s 12%.

Minimum/Maximum Trading Days Required at Tradicave

The 1-Phase challenge doesn’t have a minimum number of trading days, while the 2-Phase challenge has a minimum of 5 trading days. 

Tradicave: Rules and Challenges

Challenge Type	$15,000	$15,000	$25,000	$25,000	$50,000	$50,000	$100,000	$100,000	$200,000	$200,000
Steps	2-steps	1-step	2-steps	1-step	2-steps	1-step	2-steps	1-step	2-steps	1-step
Price	$108	$148	$198	$248	$308	$358	$488	$548	$928	$988
Leverage	1:100	1:100	1:100	1:100	1:100	1:100	1:100	1:100	1:100	1:100
Profit split	80%	80%	80%	80%	80%	80%	80%	80%	80%	80%

Steps Available in Tradicave Challenge

Tradicave has two types of challenges, 1-Phase challenge, and 2-Phase challenge.

Pricing for Tradicave Challenge

Challenge Type	$15,000	$15,000	$25,000	$25,000	$50,000	$50,000	$100,000	$100,000	$200,000	$200,000
Steps	2-steps	1-step	2-steps	1-step	2-steps	1-step	2-steps	1-step	2-steps	1-step
Price	$108	$148	$198	$248	$308	$358	$488	$548	$928	$988

Commissions and Fees at Tradicave

Trading Instrument	Commission per lot
Forex	$5
Indices	$0.5
Metals	$5
Oil	$0.5
Crypto	$5

Tradicave: Refund Policies

You’ll get a refund after you finish the 2-Phase challenge with the first payout. After the 1-Phase challenge, the refund will be sent to you with the fourth payout.

Trial Offers at Tradicave

Tradicave doesn’t offer a free trial.

Payout Schedules of Tradicave

1-Phase Challenge:

• 1st Payout (30 days) 
• 2nd Payout (21 days)
• 3rd Payout (14 days)
• 4th Payout (14 days) 
• 5th Payout (14 days)

2-Phase Standard Challenge:

• 1st Payout (30 days) 
• 2nd Payout (14 days)

Evaluating Tradicave: Advantages and Disadvantages

Tradicave FAQ Section