Take Profit Trader: Comprehensive 2025 Review
- What is Take Profit Trader?
- What Makes Take Profit Trader Different?
- Account Options & Pricing
- The Evaluation Process: 5 Core Rules
- Funded Account Details: PRO and PRO+
- Withdrawal Process & Payout Speed
- TPT vs. Other Prop Firms
- Pros and Cons of Take Profit Trader
- Who Should Choose Take Profit Trader?
- Tips for Success with Take Profit Trader
- Final Verdict: Is Take Profit Trader Worth It?
In today’s competitive trading landscape, prop firms offer a unique opportunity for traders to access significant capital without risking their life savings. Take Profit Trader (TPT) has emerged as a futures-focused proprietary trading firm with a trader-friendly approach that sets it apart from many competitors. This comprehensive review dives deep into TPT’s offering to help you decide if it’s the right prop firm for your trading journey.
What is Take Profit Trader?
Take Profit Trader is a proprietary trading firm that provides traders with access to funded trading accounts after they’ve proven their skills through a simulated evaluation. Unlike traditional brokers where you trade your own capital, TPT allows you to trade firm capital and keep a significant percentage of the profits.
The business model follows a straightforward path:
- Pay a monthly subscription fee for an evaluation account
- Trade the evaluation account following specific rules
- Hit your profit target without breaking any rules
- Receive a funded account with real capital
- Keep 80% of profits (potentially 90% later)
What Makes Take Profit Trader Different?
TPT has positioned itself as one of the more trader-friendly prop firms in the market. Here are the standout features that set it apart:
Key Differentiators:
- End-of-Day Drawdown Calculation: TPT uses an end-of-day trailing drawdown during evaluation, giving you more breathing room during intraday fluctuations.
- Immediate Payouts: Once funded, you can withdraw profits from day one (after building above the initial buffer).
- Trader-Friendly Funded Rules: No consistency requirements in funded accounts and a path to a 90% profit split with their PRO+ accounts.
Account Options & Pricing
Take Profit Trader offers several account size options to match your experience level and capital available for evaluation fees:
- ✓ Profit Target: $1500
- ✓ Max Position Size: 3 Contracts / 30 Micros
- ✓ Daily Loss Limit: $500
- ✓ EOD Trailing Drawdown: $1500
- ✓ Profit Target: $3000
- ✓ Max Position Size: 6 Contracts / 60 Micros
- ✓ Daily Loss Limit: $1100
- ✓ EOD Trailing Drawdown: $2000
- ✓ Profit Target: $4500
- ✓ Max Position Size: 9 Contracts / 90 Micros
- ✓ Daily Loss Limit: $1600
- ✓ EOD Trailing Drawdown: $2500
- ✓ Profit Target: $6000
- ✓ Max Position Size: 12 Contracts / 120 Micros
- ✓ Daily Loss Limit: $2200
- ✓ EOD Trailing Drawdown: $3000
The evaluation accounts are billed as monthly subscriptions. If you need to reset a failed evaluation, TPT charges a flat $100 fee, regardless of account size.
Important: Subscriptions continue billing every 30 days until you manually cancel or pass the evaluation. Even if you fail your evaluation, your subscription won’t automatically cancel – you need to manually cancel it to avoid further charges.
The Evaluation Process: 5 Core Rules
To earn a funded account with TPT, you must navigate their evaluation process by following five core rules. Let’s break down each rule in detail:
Each account size has a specific profit goal you must achieve. For example, a $50k account has a $3,000 profit target. There’s no minimum time to reach it (other than satisfying the consistency rule), giving you flexibility to trade at your own pace.
TPT limits how many contracts you can hold at once to prevent over-leveraging. The limits scale with account size (e.g., 6 contracts max on a $50k account). Micro futures are allowed at a 10:1 ratio (e.g., up to 60 micro contracts on a $50k account).
TPT uses an End-of-Day (EOD) trailing drawdown during evaluation. This means your drawdown is calculated based on your account balance at market close, not intraday fluctuations. The drawdown threshold moves up with new equity highs at day’s end, providing a more forgiving approach than intraday calculation.
You can only trade approved futures contracts during permitted hours. All positions must be closed by 5:00 PM ET daily (the daily market break). Holding any trade past this cutoff will automatically fail your evaluation. Trading reopens at 6:00 PM ET when the new session begins.
TPT requires two aspects of consistency:
- Trade on at least 5 different days before passing (even if you hit your profit target sooner)
- No single day’s profit should exceed 50% of your total profit (largest profit day / total profit < 0.50)
This rule ensures you demonstrate consistent profitability rather than getting lucky with one or two big trades.
Funded Account Details: PRO and PRO+
After passing the evaluation, you’ll transition to a funded PRO Account. Here’s what changes:
| Feature | Evaluation Account | PRO Account | PRO+ Account |
|---|---|---|---|
| Account Type | Simulated | Firm Capital (simulated) | Live Market Account |
| Profit Split | N/A | 80% Trader / 20% TPT | 90% Trader / 10% TPT |
| Drawdown Calculation | End-of-Day | Intraday | No artificial drawdown |
| Consistency Rule | Required | Not Required | Not Required |
| News Trading | Allowed | Restricted | Restricted |
| Qualification | Pay Subscription | Pass Evaluation | Earn $5,000 on PRO Account |
PRO+ Account Advantage
Once you’ve earned $5,000 in profit on your PRO account, TPT offers an upgrade to a PRO+ live account with:
- Enhanced 90/10 profit split
- No “buffer” requirement or trailing drawdown
- Direct access to the live market
This is a significant upgrade that rewards consistent profitability.
Withdrawal Process & Payout Speed
One of TPT’s most attractive features is its withdrawal policy. Once funded, you can start withdrawing profits as soon as you’ve earned above the “buffer” amount (initial trailing drawdown).
For example, on a $50k account with a $2k max drawdown, your buffer zone is up to $52k. Once you exceed that balance, any additional profits can be withdrawn with your 80% share.
TPT offers some of the fastest payouts in the industry:
- Day-one withdrawal eligibility (no waiting period)
- U.S. traders: Direct bank transfers via Plaid (often same-day)
- International traders: PayPal or Wise transfers
- No limit on payout frequency or amount
TPT vs. Other Prop Firms
How does Take Profit Trader stack up against other popular prop firms? Here’s a comparison of key features:
| Feature | Take Profit Trader | Typical 2-Phase Firm | Typical 1-Phase Firm |
|---|---|---|---|
| Drawdown Calculation | End-of-Day (evaluation) Intraday (funded) |
Intraday (both phases) | Intraday |
| Profit Split | 80/20 (PRO) 90/10 (PRO+) |
70/30 to 80/20 | 70/30 to 80/20 |
| First Withdrawal | Day One Eligible | Often 2-4 week wait | Often 2-4 week wait |
| Reset Fee | $100 flat | Varies by account size | Varies by account size |
| Account Recovery | Up to 3 PRO resets | Often requires new evaluation | Often requires new evaluation |
Pros and Cons of Take Profit Trader
PROS
- End-of-day drawdown calculation during evaluation provides more flexibility
- Immediate profit withdrawals once funded
- Generous 80/20 profit split (90/10 for PRO+)
- No consistency rules in funded accounts
- Flat $100 reset fee regardless of account size
- Up to 3 PRO account resets if you break rules while funded
- Many free trading platforms included
CONS
- Subscriptions don’t auto-cancel after failure (must manually cancel)
- Stricter drawdown calculation in funded accounts (intraday vs EOD)
- News trading restrictions in funded accounts
- Required weekly trading activity in funded accounts
- No free retries (some competitors offer one free reset)
- PRO account is simulated initially (though PRO+ is live)
Who Should Choose Take Profit Trader?
Based on TPT’s structure and rules, it’s particularly well-suited for:
- Day Traders: The end-of-day drawdown calculation during evaluation benefits day traders who may see temporary drawdowns during their trading sessions.
- Frequent Withdrawers: If quick access to your profits is important, TPT’s day-one withdrawal policy is among the best in the industry.
- Traders Seeking Growth: The clear pathway from evaluation to PRO to PRO+ offers a structured growth model with increasingly favorable terms.
- Futures-Focused Traders: TPT specializes in futures trading, offering access to all major CME, CBOT, NYMEX, and COMEX products.
However, TPT might not be the best fit for:
- Ultra-High-Frequency Traders: TPT explicitly prohibits strategies involving “hundreds of trades lasting a few seconds.”
- Overnight Position Holders: The strict requirement to close all positions by 5:00 PM ET means no overnight holds.
- News Traders: While allowed during evaluation, news trading is restricted in funded accounts.
- Those Seeking Free Retries: Unlike some competitors that offer one free reset, TPT charges $100 for each evaluation reset.
Tips for Success with Take Profit Trader
If you decide to pursue funding with TPT, here are some practical tips to maximize your chances of success:
- Master the Rules: Thoroughly understand all five rules before starting. Many failures happen due to rule oversights, not poor trading.
- Start Small and Scale: Begin with smaller positions than your maximum allowed to get comfortable with the platform and rules.
- Use the Dashboard: Regularly check your “How Am I Doing” section to track rule compliance and your daily journal for performance metrics.
- Plan for Consistency: Remember you need at least 5 trading days and no single day can contribute more than 50% of your profit target.
- Set Alarms for Market Close: Never risk an accidental overnight hold – set reminders to close positions well before the 5:00 PM ET cutoff.
- Be Mindful of the Drawdown Threshold: Always know your current drawdown limit and how close you are to it.
- Cancel Subscriptions When Done: Remember to manually cancel your evaluation subscription once you pass or decide to stop trading.
Final Verdict: Is Take Profit Trader Worth It?
Take Profit Trader offers one of the more trader-friendly prop firm experiences in the market. The combination of end-of-day drawdown calculation during evaluation, immediate payouts, and a clear growth path makes it an attractive option for futures traders seeking funding.
The monthly subscription model provides flexibility but requires discipline to avoid unnecessary charges. For traders who can follow the rules and generate consistent profits, TPT’s funded accounts offer substantial earning potential with favorable profit splits.
While not perfect for every trading style, TPT has created a balanced system that rewards disciplined, consistent trading while providing more breathing room than many competitors during the evaluation phase.
Ready to Start Your Funded Trading Journey?
Take Profit Trader offers a flexible path to trading with significant capital while keeping most of the profits for yourself.
Visit Take Profit TraderDisclaimer: This review is based on information available as of February 2025. Rules, fees, and policies may change over time. Always verify the current terms directly with Take Profit Trader before making any financial decisions.
