Prop firm review
Take Profit Trader Review
- Windermere, FL, United States
- Founded 2021
- 4.4 TrustPilot
- Visit Website
- Trading Platforms
- Tradovate, NinjaTrader, TradingView, Rithmic
- Drawdown Mode
- End of Day Trailing (Evals) Intraday Trailing (Funded)
- Account Types
- Evaluation Challenges
- Max Accounts
- Trade Up to 5 Funded Accts.
Disclaimer: This is educational content based on my personal experience, and should not be considered financial advice. Futures trading involves substantial risk. Read full disclaimer
Overview
Take Profit Trader is a Florida-based proprietary trading firm that specializes in funding futures traders through a transparent evaluation and funding system. Founded in 2021, the company has built a reputation for trader-friendly policies including day-one withdrawals, no payout windows, and competitive profit splits.
Key Features
- Technology Platforms
- Integrated Wallet system for withdrawals and payments
- Primary Platforms: Tradovate, NinjaTrader, TradingView
- Supported Platforms: Rithmic Quantower, BookMap, MultiCharts, MotiveWave, Sierra Chart, JigSaw, and more
- Flexible Rules
- No restrictions on news trading during evaluation phase
- No Daily Loss Limit – total you can lose in one trading day
- No Scaling Plan – can use max position size
- Algorithmic trading and automated strategies permitted
- Progression Paths
- Evaluation Phase: Challenge profit target requirement
- PRO Account: Sim-funded account with 80/20 profit split
- PRO+ Account: Live-funded account by invitation only
- Pricing Structure
- Frequent promotions: 40% off with no activation fee
- Test Accounts: $150-$360/month
- PRO Account: $130 one-time activation fee
- Refund Policy: Within 72 hours (minus $75 processing fee)
Pros
- Rewards system that earns points towards credits
- Extensive compatibility with 15+ various platforms
- Funded accounts have no minimum trading days
- No payout windows, you can request withdrawal on day one
- No minimum or maximum payout requirements
- No scaling plan in both eval and funded accounts
- Pro Account reset options available (Up to 3 times)
Cons
- Monthly challenge fees can be expensive over time
- Limited account size options compared to competitors
- News trading restrictions apply to funded accounts
- End of Day drawdown changes to Intraday on PRO accounts
- Customer support can sometimes be slow to respond
- 80/20 profit split less than competitors 90/10 split
- Do not allow you to set Risk Settings within Tradovate
Anthony’s take
Writer Review
Take Profit Trader stands out in the competitive prop trading landscape with its trader-centric approach and transparent operational model.
Strengths
- Points System
- They offer a rewards system that lets traders earn points for key milestones like passing an evaluation, hitting payout levels, or adding new accounts. These points can be redeemed for valuable perks such as free test resets, complimentary accounts, and even a PRO account.
- Supported Platforms
- Supporting 15+ trading platforms gives traders unprecedented flexibility to use their preferred tools and strategies. The integration with major platforms like TradingView, NinjaTrader, and specialized tools like BookMap shows technical sophistication and trader focus.
- Payout Rules
- Unlike many competitors requiring minimum trading days or payout windows, Take Profit Trader allows withdrawals from the first profitable day on PRO accounts (once you reach the “buffer zone”).
- Payout Options
- Unlike other prop firms, Take Profit Trader doesn’t have a minimum or maximum withdrawal limit. You can request any amount above the buffer zone. Technically, you can request up to 50% inside the buffer zone but it is not recommended.
- Scaling Plans
- You get the same amount of contract limits in the Evaluation phase and the Funded Accounts. This is nice so you don’t have to adjust your trading style once you pass the challenge.
Screenshots · 5 screenshots
Areas of Concern
- Challenge Fees
- The monthly evaluation fee can become expensive for traders who take longer to pass challenges. But, they do offer discounts and sometimes promotions where they waive the activation fee which makes it more competitive in pricing.
- Account Options
- You get the option of trading between $25k-$150k accounts. Some traders will be disappointed to see that they don’t offer $200k-$300k accounts. They also don’t offer straight to sim-funded options which has been a popular feature with other prop firms.
- Drawdown Modes
- The switch from end-of-day trailing drawdown in evaluation to intraday trailing in PRO accounts creates a more restrictive environment for funded traders, which may catch some traders off-guard after passing their evaluation.
- News Rule
- Not only does the drawdown mode change when you move from evaluation account to funded account, but they have restrictions to trading around News events in their Pro account. I wish they would keep things the same between Eval and Pro.
- Customer Support
- I have mixed reviews when it comes to the TPT customer support. One time emailed them asking a question about my subscription renewal. I have yet to receive a response. But, I also tried their live Chat window on their website and was able to speak to a person within 5 minutes.
- Risk Settings
- One feature I like to use with other prop firms is to configure my Risk Settings within Tradovate to set my daily profit and daily loss limit. This prevents me from overtrading. But, I noticed I can’t do that for some reason withTake Profit Trader.
Screenshots · 5 screenshots
$50K Account Options
| Account Type | Evaluation Fee | Profit Target | Max Drawdown | Drawdown Mode | Daily Loss Limit | Consistency |
|---|---|---|---|---|---|---|
| $50k Test | $170/month | $3,000 | $2,000 | End of Day | None | 50% |
$50K Account Payout Rules
- Minimum Trading Days
- No min trading day requirements
- Consistency Rules
- None for PRO accounts
- Prohibited Strategies
- No high-frequency trading, counter positions
- Safety Net
- Must reach $52,000 buffer zone before payouts
- Payout Range
- No minimum or maximum payout limits
- News Trading Rule
- Restrictions apply to PRO accounts
Payout Information
- Payout Time
- 1-3 business days
- Payout Window
- Not applicable
- Payment Methods
- Plaid, PayPal, WISE
Final score
FinSeeds Verdict
8.7/10
Take Profit Trader delivers on its promise of trader-friendly payout policies. The combination of flexible platform support, simplified rules, and fast payouts creates an attractive proposition for serious futures traders. While the upfront evaluation fees may concern some traders, the day-one withdrawal capability and no restrictions on minimum and maximum payouts demonstrate genuine commitment to trader success.
The firm’s regulatory compliance, established track record since 2021, and coverage in major financial publications provide additional credibility. However, prospective traders should carefully understand the transition from evaluation to PRO account rules, particularly the shift to intraday trailing drawdown.
Best For
- Experienced futures traders seeking less stringent payout rules
- Traders comfortable with higher monthly evaluation fees
- Traders requiring access to specific platform integrations
Consider Alternatives If
- You prefer instant funding options over evaluation challenges
- You need larger account sizes beyond $150K
- You prefer static drawdown over trailing drawdown systems
Frequently Asked Questions
01How quickly can I withdraw profits after passing the evaluation?
Take Profit Trader allows withdrawals starting from the first day on PRO accounts once you reach the minimum buffer zone requirement.
02Can I trade multiple accounts simultaneously?
Yes, you can maintain and trade unlimited test accounts and up to 5 active PRO/PRO+ accounts simultaneously.
03What’s the difference between PRO and PRO+ accounts?
PRO accounts are sim-funded with 80/20 profit split, while PRO+ accounts are live-funded with 90/10 split, reduced commissions, and are available by invitation only after consistent PRO performance.
04Are there any restrictions on trading strategies?
You can not place counter position trades or use high-frequency trading systems, and you must adhere to position size limits, and approved trading hours. News trading is restricted on funded accounts.
05How many times can I reset a failed account?
You can reset any PRO account up to 3 times (for example $649 per reset on a $50K Pro account), which restores the account to starting balance and drawdown parameters.
Risk Disclosure: This content is educational only and doesn’t constitute financial advice. Futures trading involves substantial risk of loss. Prop firm rules change frequently – always consult current terms and conditions.
Last Updated: Sept 2025 – Based on information from prop firm website at that time.
