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 Information)
TakeProfitTrader LLC is a US-based prop firm specializing in Future 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 trading
- Tiered reward system
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.
Account currency | USD |
Minimum price | $150 |
Maximum leverage | 1:1 |
Maximum profit split | 90% |
Instruments | Futures |
Assets | 40+ |
Evaluation steps | 1-Step |
Withdrawal methods | ACH, Bank Wire, PayPal |
Maximum fund size | $150K |
First profit target | 6% |
Max. daily loss | 2.2% |
Challenge time limit | Unlimited |
News trading | Yes (with certain conditions) |
Maximum total drawdown | 6% |
Trading platforms | 15+ (CGQ Data Feed and Rithmic Data Feed) |
Commission | Variable based on the account phase, instrument, and platform |
TrustPilot score | 4.5 |
Payout frequency | No limit |
Established country | USA |
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.
Pros | Cons |
Rapid funding | Limited account sizes |
Immediate withdrawals upon receiving a PRO account | Limited instruments |
Flexible platform options | No demo account |
24/7 support | Trading bots are not allowed |
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.
Account Size | Price (Monthly) |
$25K | $150 |
$50K | $170 |
$75K | $245 |
$100K | $330 |
$150K | $360 |
Take Profit Trader Registration and Verification
Registering and getting verified with Take Profit Trader is a straightforward process designed to get you trading as quickly as possible.
- Visit the TPT’s website at “https://takeprofittrader.com/”;
- Click “Get Started Now”;
- Choose a plan and click “Start Now”;
- Provide your email address and set a password for your account;
- Click the confirmation link sent to your email;
- Login to the client portal and click “Verify My Identity”;
- Select your country, provide a phone number and your full name;
- Verify your phone number by providing the OTC sent by SMS;
- Provide proof of identity (passport or driving license) and proof of address (utility bill or bank statement).
Take Profit Trader Prop Firm Rules
You’ll find a dedicated topic for trading rules in all of the Take Profit Trader reviews. This showcases the importance of this matter since it’s the cornerstone of your trading journey.
Features | Profit Target | Max Position Size | Daily DD | EOD Trailing DD |
$25K | $1500 (6%) | 3 Contracts / 30 Micros | $500 (2%) | $1500 (6%) |
$50K | $3000 (6%) | 6 Contracts / 60 Micros | $1100 (2.2%) | $2000 (4%) |
$75K | $4500 (6%) | 9 Contracts / 90 Micros | $1600 (2.1%) | $2500 (3.3%) |
$100K | $6000 (6%) | 3 Contracts / 30 Micros | $2200 (2.2%) | $3000 (3%) |
$150K | $9000 (6%) | 3 Contracts / 30 Micros | $3300 (2.2%) | $4500 (3%) |
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 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
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:
Symbol | Description | Exchange |
6A | Australian Dollar Futures | CME |
6B | British Pound Futures | CME |
6E | Euro FX Futures | CME |
CL | Crude Oil Futures | NYMEX |
GC | Gold Futures | COMEX |
HG | Copper Futures | COMEX |
M6E | Micro EUR/USD Futures | CME |
YM | E-mini Dow ($5) Futures | CBOT |
ZF | 5-Year T-Note Futures | CBOT |
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: ACH, 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:
- 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.
support@takeprofittrader.com | |
Live Chat | Available on the official website |
Ticket | Through the “Contact Us” form |
Take Profit Trader Prop Firm Social Media Handles
While specific social media handles aren’t provided on the TPT website, we found a related YouTube channel and a Facebook profile.
- Take Profit Trader Facebook
- YouTube
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 ACH 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.