Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Daily Loss Limit | Trailing Drawdown | Price | Discount |
---|---|---|---|---|---|---|---|---|
25K | 3 Contracts | 80%-90% | $1,500 | $500 | $1,500★ | $150 | No | |
50K | 6 Contracts | 80%-90% | $3,000 | $1,100 | $2,000★ | $170 | No | |
75K | 9 Contracts | 80%-90% | $4,500 | $1,600 | $2,500★ | $245 | No | |
100K | 12 Contracts | 80%-90% | $6,000 | $2,200 | $3,000★ | $330 | No | |
150K | 15 Contracts | 80%-90% | $9,000 | $3,300 | $4,500★ | $360 | No |
Prop Firm
Name of the prop firm.
Account Size
Buying power of the account. Example: 50K equals $50,000.
Max. Position Size
The maximum position size of futures contracts (e.g., E-Mini S&P 500) allowed in the prop firm account challenge. Example: 5 Contracts = five futures contracts can be held at any given time.
Profit Split
The percentage of profits a trader can withdraw to his bank account. Example: 90% means the trader can withdraw 90% of the profits.
Profit Target
The defined profit target has to be reached to complete the challenge successfully and get funded. Example: A 50K account needs to get up to $52,000 in order to reach the profit target.
Daily Loss Limit
The daily loss limit value, which is based on the balance of the account on the morning of a trading day. Example: If the account balance in the morning is $53,500 and the daily loss limit is $1,000, then the account should stay above $52,500 on that day.
Trailing Drawdown
There are three types of "trailing drawdown" calculation methods:
End-of-day calculation (★): Whenever the account value at the end of a trading day (EOD) was higher than the value ever before in a challenge, the trailing drawdown value increases. Example: You trade a 50K account with an EOD trailing drawdown of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). After successful trading, you end the day with $1,000 in profits. Your account balance should now always stay above $49,000 ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Real-time intraday calculation (★): Whenever a new account balance high is reached (including unrealized profits), the trailing drawdown level increases. Example: You trade a 50K account with a trailing drawdown live limit of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). You open a position that goes $1,000 into profits intraday (no matter if it is realized or unrealized profit). Now your real-time trailing drawdown moves to $49,000 intraday ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Note: The drawdown trailing typically ends once the drawdown level reaches the account's initial balance. Example: Initial Balance = $50,000, drawdown amount = $2,000. The trailing of the drawdown amount stops once the account balance reaches $50,000 + $2,000 (EOD or real-time, depending on your prop firm). In some cases, the prop firm adds another $100 to the level. Make sure to check the exact parameters before you start trading.
Static (★): Static Accounts never trail the drawdown value. They remain at the level where you begin. Example: You start at a $100,000 static account with a max loss limit of $625. In the static account, your maximum drawdown level will stay at $99,375 at any given time, independently from your performance.
Profit Split Details of Funded Accounts
Traders can withdraw 80% of the profits made with Take Profit Trader funded accounts.
Payout Details and Consistency Rules in Funded Accounts
Payout requests can be made from day one on. The payout methods available are ACH, Bank Wire, and PayPal.
There is no payout minimum defined. However, only withdrawals above $250 will be free. If you withdraw less than $250, you’ll be charged a $50 withdrawal fee.
Take Profit Trader does not have a consistency target, minimum trading days, or minimum profitable trading days.
However, they follow a Buffer Zone logic, where you can only withdraw profits above the buffer zone. The buffer zone value matches the drawdown limit value of your chosen account size.
Example: In a 50K account, your drawdown limit is $2,000. If you make it through the challenge and get funded, you can then withdraw any profits going beyond $52,000.
If your account is terminated (e.g., due to a rule break), you can withdraw 50%-80% of the buffer (account value – starter balance) depending on how long you traded the account (50% if less than 60 trading days, 80% beyond 60 trading days).