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Take Profit Trader

By 

Jered Klima

,

November 22, 2024
Take Profit Trader, founded in 2021, focuses on providing traders with evaluation-based account options designed for growth and success. With affordable pricing, clear rules, and rewarding payouts, they offer a straightforward pathway to live trading and long-term profitability.

Take Profit Trader

take profit trader logo

Take Profit Trader

4.5

Compare Prop Funds Score

Current Offer
Save 40% and pay no funded activation fee ever!

Use Promo Code: SAVETODAY

True Funding Fee
$50k for $102/mo. and no activation fee
Profit Split

80% / 20% to start,
90% / 10% when live

Limited Time Offer
Save 40% and no funded activation fee!
Account Type
Evaluation only
Days to Payout
Little as 1 day
Number of Accounts
Copy trade up to 5 funded accounts

Product Details

  • LIMITED TIME OFFER: Get 40% off all evaluations and pay no activation fee.
  • ACCOUNTS: Trade up to 5 accounts from $25,000 to $150,000, giving you access to as much as $750,000 in trading capital and allowing you to trade up to 75 mini contracts.
  • PLATFORMS: Trade on Tradovate which is equipped with a built-in trade copier. Tradovate also supports TradingView and NinjaTrader for seamless trading experiences.
  • RULES: Enjoy straightforward rules with the primary goal to hit your profit target before your drawdown. Avoid news trading and hitting your daily loss limit as well.
  • PAYOUTS: Earning a 90% upon reaching the Pro+ live account. Until then, you will receive an 80% / 20% profit split which is not the highest in the industry. What you lose in profit split, you gain in how fast and how often you can request a payout. They remain a top firm for lightning-quick payouts.
  • LIVE TRADING: Upon reaching the target requirements to move from your Pro account to a Pro+ funded account, you will be offered a live trading account.

Top Rated For

Great Trading Platforms

Great Rules & Fast Payouts

No Evaluation Activation Fees

Our Expert Review

Why We Like It

Take Profit Trader is a standout evaluation prop firm for both beginner and experienced traders, offering an attractive path to funding with a focus on simplicity, speed, and flexibility. Their evaluation process is straightforward, with clear profit targets and a realistic drawdown system that helps traders maintain consistent performance. One of the key advantages of Take Profit Trader’s evaluations is the speed at which payouts are processed. Traders who qualify for funding can start receiving payouts as soon as 1 trading days, ensuring that traders are rewarded for their hard work and profitability without unnecessary delays​. The firm also offers up to 5 evaluation accounts, giving traders the flexibility to scale their capital and trade multiple strategies simultaneously across various accounts​

Rating
4.5

/5.0

by our team

Another standout feature of Take Profit Trader’s evaluations is the minimalistic approach to rules, which allows traders to employ a variety of strategies, including scalping. Unlike many other firms that impose heavy restrictions, Take Profit Trader offers a more relaxed trading environment while still ensuring that risk management practices are adhered to. The firm’s rules are designed to promote discipline, but they do not prevent traders from exploring different strategies to find what works best for them. With the flexibility to use techniques such as news trading and micro-scalping, traders can take full advantage of market opportunities without being stifled by rigid restrictions.

In addition to its user-friendly evaluation process, Take Profit Trader offers one of the most attractive profit-sharing structures in the industry. The firm provides a high-profit split, with traders keeping 80% of the profits, making it a lucrative option for successful traders. Their low withdrawal threshold of just $250 makes it easy for traders to access their earnings without needing to meet large payout requirements. Whether you are a trader looking to get started with a small evaluation or aiming to scale up with multiple accounts, Take Profit Trader offers a solid foundation for traders to succeed, with transparent rules, fast payouts, and a flexible path to funding​

Pros & Cons

Pros

  • Multiple payouts per day allowed
  • Pay no activation fee after evaluation
  • Trade up to five funded accounts
  • Enjoy a high consistency rule of 50%
  • Stay funded with funded account resets
  • All the best trading platforms

Cons

  • Lose account if daily loss limit hit
  • 80%/20% profit split to start
  • No news trading allowed
  • Trade for 5 days to pass the evaluation
  • Expensive funded account resets

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