Overview:
Take Profit Trader offers futures evaluation programs with the aim of providing quick funding opportunities. They highlight features like payouts from day one of funded status and a variety of account sizes and rules to choose from. The firm was established in 2021.
Key Points:
- Account Sizes (Evaluation): $25,000, $50,000, $75,000, $100,000, $150,000.
- Year Started: 2021.
- Minimum Evaluation Days: 5 trading days.
- Maximum Accounts: Up to 5 PRO accounts; specific rules on aggregation.
- Restricted Countries: Information not readily available on their main website.
- Straight to Funded: Not explicitly offered; evaluation is the standard path. “Withdraw from day one of your PRO account” refers to post-evaluation.
- Swing Trading: Information not clearly specified on their main website for funded accounts. Evaluation rules typically focus on intraday.
- Trading Platforms: Supports over 15 platforms including NinjaTrader, TradingView, Tradovate (via CQG), RTrader, Quantower (via Rithmic).
- Profit Split: 80/20 for PRO accounts; 90/10 for PRO+ accounts (after meeting certain criteria).
Product Table (Example Evaluation Accounts):
| Account Size | Profit Target | Daily Loss Limit | Pro Drawdown (Trailing/EOD) | Min Eval Days | One-Time Fee (Example) |
|---|---|---|---|---|---|
| $25,000 | $1,500 | $550 | $1,500 (EOD) | 5 | ~$150 |
| $50,000 | $3,000 | $1,100 | $2,500 (EOD) | 5 | ~$170 |
| $100,000 | $6,000 | $2,200 | $3,500 (EOD) | 5 | ~$300 |
| $150,000 | $9,000 | $3,300 | $5,000 (EOD) | 5 | ~$380 |
Note: Fees are examples and subject to change. Drawdown type (EOD or Trailing) can vary by specific promotion or account rule set chosen.
Pros:
- Payouts possible from day one of PRO (funded) status.
- Wide range of supported trading platforms.
- Offers different account sizes with EOD drawdown options available.
- Relatively low minimum trading days (5 days).
Cons:
- Lack of clarity on restricted countries directly on their main site.
- Swing trading rules for PRO accounts are not clearly detailed.
- “Straight to Funded” without evaluation is not a stated option.
- Information on specific rule nuances can sometimes require digging into FAQs or terms.