Company Background: Take Profit Trader offers a futures funding platform aimed at making prop trading accessible by allowing traders to withdraw profits from day one of their PRO account.
Year Established: Since 2021
Head Office Location: Orlando, Florida, USA
Prohibited Countries: Restricted countries where futures trading is prohibited by law
Associated Brokers: Uses regulated brokers and CME approved data providers like Tradovate, NinjaTrader, and Rithmic
Evaluation Description: Traders pass a 5-day evaluation with set profit targets and risk management rules. Successful traders move to a PRO account where they can trade live and withdraw profits immediately.
Funded Trader Benefits: Immediate withdrawals from day one, no scaling plan, trade up to 3 PRO accounts simultaneously, and can reset the PRO account up to 3 times
Profit Split: 80/20 or 90/10 profit split depending on the account type
Account Size (USD): N/A
Max Trading Days: N/A
Min Trading Days: N/A
Max Daily Loss: 4%
Max Total Loss: 5%
Profit Target: 5%
Challenge Fee (USD): Varies based on account size, promotional offers available
Fee Refundable: Not specified
News Trading Allowed: Yes
EAs Allowed: No
Copy Trading Allowed: Yes
Describe Scaling Plan: Not applicable
Scaling Plan Requirements: Not applicable
Min Months Prior to Scaling: Not applicable
Total Minimum Profit Percentage Achieved: Not applicable
Positive Account Balance Required: Not applicable
Increased Profit Split: Not applicable
Max Account Value: Up to $150,000
Trading Platforms Used: NinjaTrader, TradingView, Tradovate, RTrader, Quantower, MotiveWave
Tools & Services Provided by the Prop Firm: Live support, educational resources, multiple platform integrations
Prop Firm Trading Educational Material Provided: N/A
Testimonials: Positive testimonials from traders highlighting immediate payouts, user-friendly platforms, and excellent customer support
Trustpilot Rating: 4.5
Number of Trustpilot Reviews: Not specified on the website
Prop Firm Social Presence:
Online Opinion of Prop Firm: Take Profit Trader is a reliable prop firm with unique benefits like day-one payouts and no scaling plan, providing traders flexibility and immediate access to profits