Take Profit Trader Review 2025

Take Profit Trader specializes in Futures trading and offers funded accounts, ranging from $25K to $150K. The prop firm has implemented a profit share scheme of up to 90% and a 1-step evaluation program.

Take Profit Trader prop firm has no daily drawdown limits. It allows unlimited test accounts and up to 10 funded accounts per trader; however, the maximum capital allocation per account is $150K.

Take Profit Trader (Prop Firm Information)

TakeProfitTrader LLC is a US-based prop firm specializing in Futures contracts. The company was founded in 2021 by CEO James Sixsmith, founder of “Trade Context”. Key features of Take Profit Trader:

• Funding in just 5 days
• Up to 90% profit split
• 15+ trading platforms
• Futures market trading
• Tiered reward system

Take Profit Trader CEO – James Sixsmith

James Sixsmith, a former professional hockey player earning under $30,000 annually, transformed his life by founding the multimillion-dollar trading company Take Profit Trader. After eight seasons in European leagues, he left hockey in 2019 to build a trading education and funding empire that has empowered thousands of traders worldwide.

• Founder & Visionary: Created Trade Context in 2015 and co-founded SpeedUp Trader to help retail traders access funded accounts without risking personal capital;
• Background: Former European league hockey player for Norway’s Lørenskog team, known for his grit and discipline;
• Company Impact: Funded over$7 million for aspiring traders, offering professional mentorship and growth opportunities;
• Philosophy: Advocates persistence, emotional control, and structured risk management as the foundation for long-term trading success;
• Life Today: Resides in Orlando, Florida, focusing on family, education, and mentoring athletes seeking financial independence after sports.

Take Profit Trader Specifications

TPT offers a range of account specifications to suit different trading styles and risk appetites. Here's a breakdown of the prop firm’s key offerings.

Take Profit Trader Prop Firm Advantages and Disadvantages

Focusing exclusively on futures markets and providing a wide range of trading platforms position TPT as a suitable firm for retail traders. However, Take Profit Trader has weaknesses, too.

Take Profit Trader Challenge Pricing

TPT has a single funding plan with 5 different account balances, catering to traders with all budget levels. The funding plan consists of 3-steps: Test, PRO, and PRO+. You start getting paid upon reaching the PRO phase. However, you must pay a $130 activation fee for the PRO account.

Take Profit Trader account charges are recurring, and you should pay the fee again after 30 days

Take Profit Trader uses a recurring subscription model for its evaluation phase, with monthly fees based on the chosen account size:

Once traders pass the evaluation and qualify for a funded PRO account, they pay a one-time activation fee of $130, after which no monthly charges apply.

This structure makes TPT more cost-efficient for long-term traders compared to firms that impose monthly fees even during the funded stage.

Take Profit Trader Registration and Verification

TPT offers a streamlined registration system, allowing traders to quickly access their evaluation account while meeting standard KYC (Know Your Customer) and AML verification practices.

The onboarding journey incorporates account security, identity validation, and address confirmation, ensuring alignment with industry protocols. Take Profit Trader Step-by-step registration & verification Guide:

#1 Account Creation

Go to the prop firm's official website, click on “Get Started Now”, select your preferred trading challenge plan, and proceed with registration by entering your email and setting a secure password.

#2 Email & Portal Access

Confirm your email via the verification link. After logging into the client dashboard, click on “Verify My Identity”.

#3 KYC Process

Provide the following information:

• Full name
• Country of residence
• Phone number

Confirm your phone number using the one-time code (OTC) sent via SMS.

#4 Document Submission

To complete the identity verification procedure, upload supporting documents, including:

• Proof of ID: Passport or Driver's license
• Proof of Address: Utility bill or Bank statement

TPT Prop Firm Evaluation Stages

Take Profit Trader uses a simple three-phase model:

• Test: Evaluation phase, where traders prove consistency and risk control
• PRO: Funded account phase with an 80% profit split and same parameters as the Test
• PRO+: Advanced funded stage with 90% profit share and access to live market conditions

Only the initial Test phase requires a monthly subscription. PRO accounts incur a one-time fee, and PRO+ is awarded based on performance or achieving a $10,000 profit in one day.

Note: As of the latest update (on October 2025), the prop firm has removed the daily drawdown limits on all its evaluation accounts.

Take Profit Trader Challenge Time Limit

Take Profit Trader allows traders to complete the Test phase in as little as 5 trading days. While there is no fixed time limit to pass the challenge, traders must meet the profit target and adhere to risk parameters.

This flexible duration gives traders the ability to proceed at their own pace, while also enabling rapid funding for high performers.

Take Profit Trader Promo Codes and Bonuses

TPT offers a comprehensive reward system and occasional promotional codes to help traders get started with their platform at a discount.

• “NOFEE40”: Use the code to get a 40% lifetime discount on all accounts and skip the PRO account activation fee;
• “50AND100”: Enjoy 50% off on the account’s monthly fee and a refund on the initial fee upon making your first withdrawal;
• Reward System: Earn TPT points by completing various tasks and use your credits to get free test resets, test accounts, and an exclusive $50K PRO account.

Take Profit Trader Rules and Conditions

This guide outlines trading rules related to VPN use, hedging, Expert Advisors (EA), and news trading, ensuring traders adhere to best practices and avoid high-risk strategies.

• There are no specific rules for VPN usage and hedging;
• Expert Advisors (EAs) are prohibited due to the high risks associated with fast-paced, automated trading;
• Martingale and Arbitrage strategies are not explicitly regulated;
• News trading restrictions apply to PRO and PRO+ accounts, especially around key economic event;
• Withdrawals are processed via Plaid, PayPal, and Wise with no payout frequency limits.

VPN Usage

Currently, there are no specific guidelines or restrictions concerning the use of VPNs during the challenge or live phases.

Hedging

There are no explicit rules provided regarding the use of hedging in either the challenge or live trading environments.

Expert Advisors (EAs)

Automated trading via Expert Advisors (EAs) is prohibited across all phases of the Take Profit Trader funding program.

Retail traders who use EAs to execute trades at extremely fast intervals, sometimes executing hundreds of trades within mere seconds, have caused substantial financial losses. As a result, such trading practices are strictly disallowed.

Martingale & Arbitrage Strategies

No specific rules are outlined for the Martingale strategy or theArbitrage. However, these strategies are typically discouraged, as they tend to undermine proper risk management and the overall integrity of the trading process.

News Trading

ForPRO and PRO+ accounts, it is mandatory to refrain from opening or closing any positions within one minute before, during, or after high-impact news events. The key events include:

• FOMC meeting minutes (Wednesday at 2 pm Eastern Time)
• Non-Farm Payroll (NFP) (Friday at 8:30 am Eastern, once per month)
• Consumer Price Index (CPI) releases

Additionally, the following news events affect specific instruments and are subject to restrictions:

• Crude Oil Inventories: Trading onCrude Oil is restricted during related news events;
• Bond Auctions: 10-year and 30-year bond instruments cannot be traded during bond auctions.

Take Profit Trader Payout Rules

The prop firm is known for offering some of the fastest payouts in the prop trading industry, ensuring traders access their profits quickly and securely. Withdrawals can be made through Plaid, PayPal, or Wise, with flexible options for both U.S. and international traders.

• Plaid (U.S. banks only): Instant automated transfers processed via Plaid.com directly through the user dashboard;
• PayPal & Wise (International): Fast global transfers typically processed within 12 business hours;
• PRO Accounts Profit Split: 80/20 split, withdrawals begin once the account surpasses its drawdown buffer;
• PRO+ Accounts Profit Split: 90/10 split with no withdrawal limits;
• Fees: Withdrawals above $250 are fee-free, while those below $250 incur a $50 fee;
• Taxes: All traders must complete a tax form before their first withdrawal.

Take Profit Trader Scaling Program

Take Profit Trader does not provide a traditional scaling program; instead, it offers traders flexibility through multiple funded accounts with a maximum allocation of $150,000 per account. This structure allows traders to manage several accounts simultaneously, maximizing profit potential while maintaining trading strategy freedom.

• Multiple Accounts: Traders can operate unlimited test accounts and up to five PRO and five PRO+ accounts concurrently;
• Account Activation: Up to 10 passed tests can be activated within 30 calendar days, depending on the trader’s account status;
• Capital Management: The system encourages disciplined scaling through structured activations instead of balance-based growth;
• Eligibility Cycle: Remaining successful tests become available after each 30-day period, ensuring consistent progress and fund allocation.

Take Profit Trader Prop Firm Trading Platforms

Take Profit Trader offers a flexible approach to trading platforms, allowing traders to use their preferred tools. They support over 15 different trading solutions, catering to various trader preferences.

• CGQ Data Feed: NinjaTrader, TradingView, and Tradovate
• Rithmic Data Feed: R Trader, QuanTower, MotiveWave, ATAS, Scalp, MultiCharts, eSignal, Photon, VolFix.Net, Order Flow Trading, JigSaw Trading, Gena Trader, Sierra, and BookMap

Traders may choose between CQG or Rithmic data feeds depending on platform compatibility. This wide range ensures traders can customize their setup to fit their preferred style.

TradingFinder has developed a comprehensive list of TradingView indicators that you can use for free.

Trading Instruments

TPT focuses on futures contracts and provides 40+ trading instruments across esteemed exchanges, including NYMEX, COMEX, CME, and CBOT. Some of the available Futures instruments on Take Profit Trader:

Take Profit Trader Payment Methods

TPT offers a variety of deposit/withdrawal methods to accommodate traders from different regions and with different preferences.

• Deposit: Debit/Credit Cards and PayPal
• Withdrawal: Wise, Plaid (Bank Wire), and PayPal

Deposits are typically processed instantly, while withdrawals are handled within 1-2 business days. While there are no minimum withdrawal limits, your account must be in the buffer zone in order to make a request. TPT buffer zone is "Account balance + Total drawdown".

Take Profit Trader Trading Costs

The prop firm charges a $5 commission per round trip per contract for all contracts on Test and PRO accounts. The fee for micros is $0.50 for these two phases. However, the PRO+ account commissions differ based on the platform.

• NinjaTrader: $1.29 per round trip
• Tradovate: $1.29 for standard contracts and $0.35 for micros

TPT uses market spreads and adds no additional markups. Note that platforms may have additional activation fees.

Take Profit Trader Prop Firm Educational Content

James Sixsmith founded “Trade Context” before TPT, combining education with third-party funding. The firm has leveraged this experience to offer a free playbook titled “The Secrets of Trading Funded Accounts”.

You can also use TradingFinder's Forex education section for free resources.

Take Profit Trader Reviews

User satisfaction is one of the most important topics in all of the Take Profit Trader reviews. The firm has garnered significant attention in the prop trading community, with reviews painting a largely positive picture.

2,204 users have rated the Take Profit Trader TrustPilot profile, with 81% of them giving it 5-star rating (the highest score). TPT has scored an excellent rating of 4.5 out of 5. 

Take Profit Trader Customer Support

One area where TPT truly shines is its customer support. The firm offers 24/7 support through email, live chat, and a dedicated ticket system.

Take Profit Trader Client Base

Take Profit Trader has established a strong global presence, with the United States accounting for nearly 80% of total traffic, reflecting the firm’s deep roots in the North American trading community. The platform also attracts traders from emerging and established markets across multiple continents.

• United States: 79.97% of total visitors, up 4.25% month-over-month
• Canada: 3.98% share, showing a slight decline as market focus shifts
• Brazil & Israel: 1.57% and 1.46% respectively, with Israel’s traffic surging 82.66%
• United Kingdom: 1.41% share, maintaining steady engagement

Take Profit Trader Prop Firm Social Media Handles

The prop firm has not listed specific social media handles on its website, which is a significant disappointment for both new and existing clients.

Take Profit Trader Comparison Table

The table below compares TPT services and offerings with some of the most popular players in the market:

Expert suggestions

Take Profit Trader provides proprietary trading services on 40+ Futures instruments listed on reputable exchanges like COMEX, NYMEX, and CBOT.

Take Profit Trader prop firm supports PayPal and Wise withdrawals with no time requirements. While the firm is reputable and has a great score of 4.5 on TrustPilot, the PRO account $130 activation fee and the lack of demo trading are the biggest weaknesses in this Take Profit Trader review.