Take Profit Trader

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Overview

Take Profit Trader is a proprietary trading firm that offers a straightforward, one-step funding program for futures traders. They focus on eliminating unnecessary complexities and providing traders with a clear path to trading firm capital. With no frills or gimmicks, Take Profit Trader streamlines the journey to sustainable profits, allowing traders to withdraw earnings from day one of their PRO account.

Key Features

  • One-Step Evaluation:

    • Prove your trading skills by reaching a profit target while following a set of risk rules.

    • Become a PRO trader as soon as your skills are verified, typically in as little as 5 trading days.

  • Immediate Withdrawals:

    • Start earning real money from day one in your PRO account.

    • No minimum number of profitable days required before making withdrawals.

  • Competitive Profit Split:

    • 80/20 profit split in the PRO account.

    • Upgrade to PRO+ to enjoy a 90/10 profit split.

  • No Scaling Plan:

    • No contract limits between the test and PRO account.

    • Trade with full capital from the start without scaling restrictions.

  • Flexible Account Options:

    • Multiple account sizes to suit different trading styles and capital requirements.

    • Ability to trade up to 5 PRO accounts simultaneously.

  • Risk Management:

    • End-of-Day Trailing Drawdown during the evaluation (test) phase.

    • Intraday Drawdown in the PRO and PRO+ accounts.

    • Daily Loss Limits in place to encourage disciplined trading.

  • Platform Compatibility:

    • Connect to over 15 trading platforms, including popular options like NinjaTrader, TradingView, and Tradovate.

    • Choose between CQG and Rithmic data feeds based on platform compatibility.

  • Live Support:

    • 24-hour live support available to assist traders with any inquiries.

Account Options

Take Profit Trader offers a range of account sizes to meet various trading needs:

Futures Account Sizes

Account Size

Monthly Subscription

Profit Target

Max Position Size

Daily Loss Limit

End-of-Day Trailing Drawdown

$25,000

$150

$1,500

3 Contracts / 30 Micros

$550

$1,000

$50,000

$170

$3,000

6 Contracts / 60 Micros

$1,100

$2,000

$75,000

$245

$4,500

9 Contracts / 90 Micros

$1,650

$3,000

$100,000

$330

$6,000

12 Contracts / 120 Micros

$2,200

$4,000

$150,000

$360

$9,000

15 Contracts / 150 Micros

$3,300

$6,000

Note: Prices are per month during the evaluation (test) phase. Upon reaching the PRO account, a one-time fee of $130 is required, with no recurring monthly fees.

Unique Benefits

  • Fast Path to Funding:

    • Achieve funding in as little as 5 trading days.

    • No extended evaluation periods that can take up to 60 days with other firms.

  • Immediate Profit Withdrawals:

    • Withdraw profits from day one in the PRO account.

    • No waiting periods or minimum trading days required.

  • Flexible Trading Conditions:

    • No contract limits enforced between test and PRO accounts.

    • Ability to trade up to 5 PRO accounts simultaneously.

  • PRO Account Resets:

    • Up to 3 resets allowed in the PRO account.

    • Provides flexibility to recover from setbacks.

  • No Scaling Plan:

    • Trade your full contract size from the start.

    • No need to adjust strategies due to scaling restrictions.

  • Upgrade to PRO+:

    • Eliminate the daily loss limit in the PRO+ account.

    • Enjoy a more favorable 90/10 profit split.

  • Transparent Fee Structure:

    • One-time fee for the PRO account activation.

    • No recurring monthly fees in the PRO and PRO+ accounts.

Who Is It Best Suited For?

  • Aspiring Futures Traders:

    • Individuals seeking a straightforward path to trading firm capital.

  • Traders Focused on Quick Funding:

    • Those who prefer a fast evaluation process without prolonged testing periods.

  • Disciplined Traders:

    • Traders who can adhere to set risk management rules and demonstrate consistency.

  • Platform-Savvy Traders:

    • Those who prefer to use their own trading platforms and require flexibility in platform choice.

  • Traders Seeking Immediate Earnings:

    • Individuals who value the ability to withdraw profits without delays.

How It Works

  1. Select Your Account Size:

    • Choose a futures account size that fits your trading skills and objectives.

    • Purchase the monthly subscription to begin the evaluation (test) phase.

  2. Prove You Can Trade:

    • Reach the profit target while adhering to risk management rules.

    • Demonstrate consistency over a minimum of 5 trading days.

  3. Become a PRO Trader:

    • Upon successful completion, pay a one-time $130 activation fee to receive your PRO account.

    • Start trading with the firm's capital, earning real profits.

  4. Start Earning Money:

    • Withdraw profits from day one in your PRO account.

    • Enjoy an 80/20 profit split in the PRO account.

  5. Upgrade to PRO+:

    • Elevate your trading experience by upgrading to PRO+.

    • Benefits include:

      • No daily loss limit.

      • Enhanced 90/10 profit split.

      • Trading in a live market environment.

Trading Platforms Supported

  • CQG Data Feed:

    • Platforms Available:

      • NinjaTrader

      • TradingView

      • Tradovate

  • Rithmic Data Feed:

    • Platforms Available:

      • R Trader

      • Quantower

      • MotiveWave

      • And more

  • Over 15 Supported Platforms:

    • Take Profit Trader supports a wide range of platforms, allowing traders to choose the one that best suits their needs.

Comparison with Other Firms

Features/Services

Take Profit Trader

Other Companies

Days to PRO Account

5 days

Up to 60 days

Minimum Days Until Withdrawal

0 days

20-60 days

Withdrawal Process

Immediate

Drawn out

Contract Limits in PRO

No

Scaling plan enforced

PRO Account Resets

Up to 3 resets

No resets available

Fees for PRO Account

One-time $130 fee

Monthly recurring fees

Live Support Availability

24 hours/day

Sporadically available

Additional Information

  • Risk Management Rules:

    • Daily Loss Limit: Specific to each account size; violating this results in account termination.

    • End-of-Day Trailing Drawdown: Applies during the test phase; shifts to intraday drawdown in PRO and PRO+ accounts.

    • Consistency Rule: Applies during the test phase to ensure traders are not relying on one-off large trades.

  • Withdrawal Process:

    • Profits can be withdrawn immediately in the PRO and PRO+ accounts.

    • No maximum withdrawal amount; traders keep 80% or 90% of profits depending on the account level.

  • Support and Resources:

    • Access to a comprehensive Knowledge Base.

    • Live support available 24/7 for assistance.

Conclusion

Take Profit Trader offers a no-nonsense, streamlined approach to prop trading. With a focus on allowing traders to reach their full potential, they provide a quick path to funding, immediate profit withdrawals, and flexible trading conditions. The ability to upgrade to PRO+ for enhanced benefits further sets them apart from competitors. Their platform is ideal for disciplined traders seeking a straightforward and efficient way to trade futures with firm capital.

Next Steps:

  • Visit Their Website: Learn more and get started at takeprofittrader.com.

  • Choose Your Account: Select the account size that aligns with your trading goals.

  • Begin Trading: Start the evaluation process and work towards becoming a PRO trader.

  • Leverage Resources: Utilize their knowledge base and live support to enhance your trading journey.

Disclaimer: Trading futures involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results. This information is provided for educational purposes and does not constitute financial advice. Always review the firm's terms and conditions before participating.

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