Going Live
2021
HQ
United States
CEO
James Sixsmith
Website
takeprofittrader.com
Trustpilot
4.4
Take Profit Trader’s probably biggest differentiator is their product offering simplicity. Clear pricing tables, rule transparency, and pricing that can be understood quickly. Instead of complicated tables, comparisons, and rule combinations, traders can simply choose their favorite account size and begin trading their favorite challenge. Take Profit Trader uses the reliable CQG data feed and connects the popular platforms NinjaTrader, Tradovate and TradingView, and alternatively it’s possible to use the Rithmic data feed to connect R|Trader, Quantower or MotiveWave.
The probably biggest disadvantage, and this might be a big red flag for some traders, is the drawdown type inconsistency. During the evaluation, the drawdown type is EOD, so the level is calculated once per day, but then in the funded PRO account, the drawdown type moves to intraday, which is a huge disadvantage and might wipe out lots of traders. If the drawdown method simply stayed at EOD, Take Profit Trader would easily be in the top 3 of the best prop firms for futures trading. Tradeday currently has the better rules with consistent drawdown rules from challenge to funded accounts.
Prop Firm Details
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Trading Instruments: |
Futures |
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Exchanges: |
CME, CBOT, COMEX, NYMEX |
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Challenge Types: |
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Activation Fee: |
$130 |
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Consistency Rule: |
50% During Evaluation |
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Scaling Plan: |
No |
Take Profit Trader Standard Evaluation
| Prop Firm | Account Size | Instrument | Steps | Profit Target | Drawdown Type | Max Loss | Daily Loss | Consistency Rule Eval | Funded |
Max. Contracts Mini | Micro |
Profit Split | Activation Fee if Funded |
Price |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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25K | Futures | 1‑Step | $1,500 | EOD* | $1,500 | None | 50% | None | 3 | 30 | 80% | $130 | $150 |
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50K | Futures | 1‑Step | $3,000 | EOD* | $2,000 | None | 50% | None | 6 | 60 | 80% | $130 | $170 |
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75K | Futures | 1‑Step | $4,500 | EOD* | $2,500 | None | 50% | None | 9 | 90 | 80% | $130 | $245 |
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100K | Futures | 1‑Step | $6,000 | EOD* | $3,000 | None | 50% | None | 12 | 120 | 80% | $130 | $330 |
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150K | Futures | 1‑Step | $9,000 | EOD* | $4,500 | None | 50% | None | 15 | 150 | 80% | $130 | $360 |
*Be aware: the drawdown type changes from EOD during evaluation to Intraday in the PRO (simulated funded) account. The trailing drawdown locks permanently once it reaches the original starting balance in both stages. The consistency rule requires that no single trading day accounts for 50% or more of total net profits, and a minimum of 5 trading days must be completed to pass the evaluation; there is no consistency rule on the funded PRO account. The daily loss limit was previously $500 / $1,100 / $1,600 / $2,200 / $3,300 respectively but has been removed across all account sizes. The $130 activation fee is charged upfront when transitioning to a PRO funded account. Prices shown are the standard monthly subscription rates.
Rules
Drawdown / Max Loss
Type of Drawdown:
- Evaluation (Test Account): End-of-Day (EOD) trailing drawdown. The drawdown is calculated only at the close of each trading day, not during open trades. It trails upward based on the highest end-of-day account balance reached.
- PRO Account (Simulated Funded): Intraday trailing drawdown. Calculated in real time based on the peak balance including both realized and unrealized gains. The drawdown trails as unrealized profits rise during the session.
- PRO+ Account (Live Funded): End-of-Day (EOD) drawdown.
Maximum Trailing Drawdown by Account Size (Evaluation):
| Account Size | Profit Target | Maximum Trailing Drawdown |
|---|---|---|
| $25,000 | $1,500 | $1,500 |
| $50,000 | $3,000 | $2,000 |
| $75,000 | $4,500 | $2,500 |
| $100,000 | $6,000 | $3,000 |
| $150,000 | $9,000 | $4,500 |
Maximum Trailing Drawdown by Account Size (PRO Account):
The maximum drawdown on a PRO account equals the maximum drawdown from the trader’s passed test (same dollar amounts as the table above).
How the Trailing Drawdown Works (Evaluation):
The minimum account balance starts at the account starting balance minus the drawdown amount. As the end-of-day balance rises, the minimum account balance trails up by the same amount, always remaining the drawdown amount below the highest EOD balance. Once the minimum account balance reaches the original starting balance, it stops trailing and remains fixed at that level.
Example for a $25,000 account: starting minimum balance is $23,500. After earning $1,000 on Day 1, the end-of-day balance is $26,000, and the minimum balance moves to $24,500. This continues until the minimum reaches $25,000, at which point it locks.
How the Trailing Drawdown Works (PRO Account – Intraday):
The drawdown trails intraday as unrealized profits rise. If unrealized profit reaches a peak then falls back, the minimum account balance does not drop back down. The drawdown stops trailing once it reaches the starting account balance, after which it no longer moves.
Consequence of Breaching the Drawdown:
If the account balance drops to or below the Minimum Account Balance at any time, through realized or unrealized losses, the account is immediately liquidated. On a test account, the test is considered failed. On a PRO account, the account is closed.
Locking Behavior:
On both the evaluation and PRO accounts, the trailing drawdown locks permanently once the minimum account balance reaches the original starting balance. It does not continue trailing past that point.
PRO+ Drawdown:
PRO+ accounts use EOD drawdown. The account begins with a $0 balance and an initial EOD drawdown equal to the starting drawdown of the corresponding PRO account. As the trader earns realized profits, the minimum balance trails up accordingly, stopping at $0.
Consistency Rule
Applies to: Evaluation (Test Account) only. The PRO account documentation states there is no funded consistency rule.
Minimum Trading Days:
A trader must trade for a minimum of 5 trading days to pass the evaluation. A trading day counts as any day in which at least one trade is placed. There is no maximum time limit to complete the test.
Profit Consistency Requirement:
No single trading day may account for 50% or more of total net profits. This is calculated as:
Highest profit day / Net P/L = Consistency Percentage
This percentage must be below 50% to qualify for a PRO account.
Resolving a Breach (Updated Profit Goal):
If a single day exceeds 50% of total net profits, the trader must continue trading and increase total net profits until the highest-day percentage drops below 50%. The system automatically calculates an updated profit goal using:
Updated Profit Goal = Net P/L × 2
This updated goal is displayed directly in the dashboard. The trader must reach this figure before qualifying for a PRO account.
Example: A trader on a $50,000 account earns $2,000 on Day 1 and $1,100 over all remaining days. Net P/L = $3,100. Consistency percentage = $2,000 / $3,100 = 65% (too high). The updated profit goal becomes $3,100 × 2 = $6,200. The trader must continue until net profits reach $6,200 and the daily percentage drops below 50%.
Leverage
The position limit is a static number of contracts based on account size. Micros are permitted at 10x the standard contract limit (i.e., 10 micro contracts = 1 standard contract).
| Account Balance | Max E-mini Contracts | Max Micro Contracts |
|---|---|---|
| $25,000 | 3 | 30 |
| $50,000 | 6 | 60 |
| $75,000 | 9 | 90 |
| $100,000 | 12 | 120 |
| $150,000 | 15 | 150 |
Note: 10 micro contracts count as equivalent to 1 standard contract toward the position limit. Micro and standard contracts share the same limit expressed at a 10:1 ratio.
Applies across stages: The position limits listed above apply to both the Evaluation and PRO account stages. The PRO+ account documentation does not specify different limits but states that traders may only trade approved instruments within permitted hours.
Consequence of Exceeding the Limit:
Exceeding the maximum position size is a rule violation. On the evaluation, the test fails and the account is disabled. On a PRO account, violating this rule results in account liquidation.
Trading Hours
Approved Trading Window:
- Trading window opens: 6:00 PM Eastern Time
- Trading window closes: 5:00 PM Eastern Time (the following day)
- The trading day is defined as the period from 6:00 PM ET one evening to 5:00 PM ET the following afternoon.
Overnight and Weekend Positions:
Positions cannot be carried from one trading day into the next. All positions must be opened and closed within the approved daily window. Holding a position past 5:00 PM ET results in automatic account failure and account loss.
Session Reopening:
Traders may reopen positions starting at 6:00 PM Eastern, but any trade entered at or after 6:00 PM counts toward the next trading day.
Market-Specific Close Times:
Traders must be aware that some products close before 5:00 PM ET. If a product’s market closes before the session deadline and a trader cannot exit, the account will be liquidated. It is the trader’s responsibility to monitor the specific hours for each product they trade.
Holiday Schedule:
Market hours change due to holidays. It is the trader’s responsibility to monitor holiday schedules. Missing a holiday-adjusted close time results in account liquidation.
Account Activation Timing:
Futures markets open on Sunday at 5:00 PM Central Time (equivalent to 6:00 PM ET). Accounts registered over the weekend remain pending until markets reopen on Sunday evening.
PRO Account – News Blackout Periods:
PRO and PRO+ account holders must have no open positions and no open orders starting one minute before, during, and one minute after any prohibited news event. Prohibited news events include:
- FOMC statements/announcements (Wednesdays at 2:00 PM ET; FED speakers and FOMC meeting minutes are allowed)
- Non-Farm Payroll (NFP) (monthly, Fridays at 8:30 AM ET)
- Consumer Price Index (CPI)
- Crude Oil Inventories (prohibited only for Crude Oil positions)
- Bond Auctions (prohibited only for 10-Year Note and 30-Year Bond positions)
Traders can track required news events on the TPT trader calendar at https://takeprofittrader.com/user-info/calendar or via the red-folder USD-tagged events on forexfactory.com.
Multiple Accounts
Evaluation (Test) Accounts:
Traders can hold and trade as many simultaneous test accounts as they want with no stated limit.
PRO and PRO+ Accounts:
A maximum of 5 active PRO/PRO+ accounts may be held simultaneously. This limit applies to the combined total of PRO and PRO+ accounts, not 5 of each. For example, a trader may hold 3 PRO and 2 PRO+ accounts simultaneously, but not 5 PRO and 5 PRO+ concurrently.
Activation Cap:
A trader may activate up to 10 successfully passed tests within any rolling 30-calendar-day period. If more than 10 tests are passed within that window, the excess activations are queued and become eligible once 30 days have elapsed from the earlier batch of activations.
Credentials:
Multiple accounts and subscriptions are managed under a single TakeProfitTrader login. There is no requirement for separate email addresses or credentials per account.
Trade Copiers:
Trade copiers are permitted, but only for use across accounts owned and controlled by the same individual. The following trade copiers are specifically approved:
- Tradesyncer
- TradeCopia
- Affordable Indicators
- Replikanto Flowbot (Compliance Edition only; standard and modified versions are not permitted)
- Platform-native copier tools (Tradovate, NinjaTrader, MotiveWave, Quantower, etc.)
Trade copiers may not be used to synchronize or coordinate trades between different users or identities. Violations may result in profit forfeiture, account reset, account liquidation, or permanent ban.
Prohibited Conduct
Hedging Across Accounts (Counter Positions):
Holding opposite positions in the same or closely related products across any accounts under the same beneficial control is strictly prohibited. This applies across all account types: Test, PRO, and PRO+. Related contract pairs currently identified include ES/MES, NQ/MNQ, and YM/MYM, though the list is not exhaustive.
Counter positions are monitored using automated compliance technology that detects patterns in real time. Consequences include automatic liquidation of affected accounts, forfeiture of all profits in those accounts, and potential permanent ban for repeated or severe violations.
Spoofing and Disruptive Order Practices:
Spoofing, layering, quote stuffing, and any activity that creates a false appearance of market liquidity or price movement are prohibited in alignment with CME Rule 575. Violations may result in immediate account termination and referral to CME Market Regulation or the CFTC.
Exploitation of Platform or Simulator Mechanics:
PRO accounts operate in a simulated environment. The platform prohibits any attempt to exploit the simulation mechanics in ways inconsistent with genuine market participation.
Automated and Algorithmic Trading:
No automated trading, bots, or algorithmic execution tools of any kind are permitted across all account types. All trades must be manually executed by the trader.
High-Frequency Trading:
Not specifically addressed under a dedicated policy, but the prohibition on bots, algos, and CME compliance requirements (including Rule 575 on disruptive practices) effectively exclude HFT strategies.
Trading on Behalf of Other People:
All accounts must represent an independently operating trader. Centrally managed or coordinated accounts across different identities are prohibited. Pass services, payout services, or coordinated trading schemes are explicitly banned under the Independent Trade Execution Policy.
VPNs and Geo-Restriction Circumvention:
Trading from restricted countries is prohibited, including via VPNs, remote connections, or shared networks that route activity through a restricted country. Even a single instance of accessing accounts or market data from a restricted jurisdiction may result in immediate account restriction or termination. The list of restricted countries is extensive and subject to change based on regulatory requirements.
Wash Trades and Pre-Arranged Trades:
Prohibited in alignment with CME Rules 534 and 539. This includes transactions that offset each other without genuine market risk, as well as any pre-execution communications or coordinated trades designed to avoid market exposure.
Consequences Range:
Depending on severity and type of violation, consequences include: a warning, account reset, account liquidation, profit forfeiture, or permanent ban.
Firm Rules (General)
Minimum Trading Days (Evaluation):
5 trading days minimum. A trading day is any day with at least one executed trade. There is no maximum time limit.
Permitted Exchanges and Asset Classes:
Traders may trade most futures products listed on CME, CBOT, NYMEX, and COMEX exchanges. A full list of permitted instruments is available at: https://takeprofittraderhelp.zendesk.com/hc/en-us/articles/15172629238301-Permitted-Products
Permitted futures instruments include (but are not limited to): ES, MES, NQ, MNQ, YM, MYM, RTY, M2K, GC, MGC, CL, MCL, NG, SI, HG, ZB, ZN, ZC, ZS, ZW, 6E, 6B, 6A, 6J, 6C, 6N, 6S, MBT, MET, and others.
Specifically Noted Instrument Considerations:
Micro Bitcoin (MBT) and Micro Ether (MET) futures are listed as permitted instruments. There is no blanket prohibition on crypto futures, though traders must comply with all position limits and session rules. If a product is rejected that should be permitted, traders are advised to contact support.
Inactivity Rules:
PRO and PRO+ account holders must trade at least one day per calendar week (Sunday through Friday) to keep the account active. A traded day is defined as a day where at least one round-trip has been executed on any permitted instrument. Life circumstances may qualify for a temporary exception if support is contacted in advance.
Age Requirements:
Not stated in the source documentation.
Corporate Entities:
The payout system documentation indicates that LLC payouts require use of the Wise transfer method. KYB (Know Your Business) verification is available for traders who wish to trade as a company, though it is limited to US-registered companies. Payouts to any entity not matching the registered account holder will be blocked or delayed.
Reset Fee Structure (Evaluation):
Cost of a test account reset: $100, regardless of account size. A reset gives a fresh test with the same parameters and rules. The subscription renewal date is not affected by a reset.
Reset Fee Structure (PRO Account):
PRO account resets are optional and available up to 3 times per account. Costs are:
| Account Size | PRO Reset Cost |
|---|---|
| $25,000 | $449 |
| $50,000 | $649 |
| $75,000 | $799 |
| $100,000 | $999 |
| $150,000 | $1,499 |
PRO+ Account Reset:
Resetting a PRO+ account is not possible. If a PRO+ account is lost, the trader must reset the PRO account and re-qualify for PRO+ status.
Subscription Model:
The evaluation is structured as a monthly subscription with no time limit to pass. If a rule is broken, the subscription does not cancel automatically; the trader must manually cancel from the dashboard. Once a test is passed, the subscription is automatically canceled and no recurring fees apply to PRO accounts.
Rewards Program (Free Reset Policy):
Traders can earn points through milestones (e.g., passing a test earns 250 points, withdrawing $1,000 earns 500 points, every dollar spent earns 1 point). Points can be redeemed for credits including a free test reset (5,000 points), free test accounts of various sizes, or a free $50,000 PRO account (50,000 points). Tier level resets after 12 consecutive months of account inactivity.
Additional Rules
PRO Account – Market Price Limit Rule:
Traders must exit all open positions before a price limit (limit up or limit down) is reached on any product. If a price limit is hit while positions are open, the PRO or PRO+ account will be closed. Current CME daily price limits are available at https://www.cmegroup.com/trading/price-limits.html
KYC Requirement:
All new registrants must complete Know Your Customer (KYC) identity verification before purchasing a test account. The process is handled at registration and must be completed before trading begins.
Tax Form Requirement:
All PRO account users and affiliates must complete and sign the required tax form before any withdrawal can be processed. Tax form verification is handled by ComplyExchange. US residents complete a W-9; non-US residents complete a W-8BEN. Tax documents are issued annually summarizing total earnings from the platform.
Self-Match Prevention (PRO+ Only):
All PRO+ accounts operate under a unified Self-Match Prevention (SMP) ID at the CME exchange level. This automatically blocks or rejects trades that would result in a self-match between accounts under the firm’s master ID, in compliance with CME Rule 534. Occasional order rejections labeled “rejected by CME” are normal and do not affect account standing.
Activation Fee
TakeProfitTrader charges a $130 activation fee when a trader transitions from the evaluation (test) stage to a PRO funded account. This fee is charged upfront as part of the account activation process.
The activation fee applies to all account sizes at the same flat rate of $130.
Certain promotional codes waive this activation fee for the lifetime of that account (e.g., NOFEE30, NOFEE40, NOFEE100). When a promo code includes fee waiver, the trader receives a $130 PRO Activation Credit in their dashboard after passing the test, which must be manually selected as the payment method during activation. Activation credits from promo codes are not issued on weekends; if a test is passed on a Friday, the credit is issued the following Monday.
There are no recurring activation fees on PRO accounts. Once activated, no monthly subscription fees apply to the PRO stage.
The activation fee distinction between professional and non-professional data status is not addressed in the source documentation.
Commissions
All information about the commission structure for Test and PRO accounts can be found here:
Test and PRO Accounts: Commissions are set by TakeProfitTrader directly at $5.00 per round trip per standard futures contract and $0.50 per round trip per micro contract. These rates apply uniformly to all permitted products on both test and PRO accounts.
PRO+ Accounts: Commission rates for PRO+ accounts differ from those on Test and PRO accounts. All information about PRO+ commission structure can be found here:
Payout Policy
Profit Split:
- PRO Account: 80/20 split. The trader keeps 80% of profits; TakeProfitTrader retains 20%.
- PRO+ Account: 90/10 split. The trader keeps 90% of profits.
When Withdrawals Can Begin:
PRO account traders can submit a withdrawal request from day one of the funded account. However, a buffer zone must be built before the full 80% profit split applies.
Buffer Zone Requirement (PRO Account):
The buffer zone equals the maximum drawdown amount for the account. Traders must reach a balance equal to their account size plus the buffer before withdrawing at the full 80% split.
| Account Size | Buffer Zone (Required Balance) |
|---|---|
| $25,000 | $26,500 |
| $50,000 | $52,000 |
| $75,000 | $77,500 |
| $100,000 | $103,000 |
| $150,000 | $154,500 |
Withdrawing Within the Buffer Zone:
Traders may withdraw profits before reaching the buffer zone threshold, but only after the account has been terminated. The profit split applied to within-buffer withdrawals depends on how long the account was traded:
| Time Since Account Opening | Buffer Profit Split |
|---|---|
| 60 trading days or fewer | 50% |
| More than 60 trading days | 80% |
PRO+ Withdrawals:
PRO+ accounts have no buffer zone requirement. Withdrawals are available from day one at the 90% profit split with no minimum waiting period.
Processing Time:
Withdrawal requests from the PRO account to the wallet take approximately 24 business hours to process. Subsequent withdrawals from the wallet depend on the payment method selected.
Submission Process:
Withdrawals are processed in two stages: first, the trader withdraws from the PRO account to the internal wallet (processed within 24 business hours); then, the trader requests a payout from the wallet to their external account.
Withdrawal Processing by Payment Method:
- US Bank Accounts via Plaid: real-time or ACH transfer, typically immediate but may take 1-2 business days.
- PayPal: processed within 12 business hours, usually faster.
- Wise: processed within 12 business hours, usually faster. Covers 160 countries worldwide.
Withdrawal Fee:
Withdrawals from the wallet over $250 are fee-free. Withdrawals of $250 or less incur a $50 fee, automatically deducted. PayPal may apply its own additional fees on top of the withdrawal amount.
Minimum Withdrawal Amount:
The documentation does not state a minimum net withdrawal amount beyond the $50 fee threshold for amounts of $250 or less.
Maximum Withdrawal Cap:
No maximum withdrawal cap is stated in the source documentation.
AML Identity Requirement:
Payouts are only processed to accounts matching the registered TakeProfitTrader user. Bank accounts connected via Plaid must be in the name of the individual registered on the platform. Wise and PayPal accounts must also match the registered user. LLC payouts must use Wise (or PayPal if the LLC has an established PayPal account).
Geographic Restrictions:
Traders in restricted countries cannot receive payouts as they are blocked from accessing accounts entirely. All other countries appear to be eligible for payouts via Wise (which covers 160 countries), PayPal (international), or Plaid (US bank accounts only).
Read Customer Reviews takeprofittrader.com
Take Profit Trader currently has a Trustpilot rating of 4.4 out of 5, based on 9,250 reviews, which is categorized as Excellent. Thereof, 3,031 reviews are from people invited by the prop firm using Trustpilot’s supported invitation methods. The most recent reviews are predominantly positive.


