Introduction
This detailed guide describes how to engage with Take Profit Trader, a proprietary trading program specializing in futures. The article covers setup, funding stages, account mechanics, transaction rules, profit structure, platform support, and performance considerations.
Selecting an Account Tier
- Account tiers range from $25,000 to $150,000 in fund size.
- Monthly evaluation fees depend on chosen tier and typically range between $150 to $360.
- A one‑time activation payment, approximately $130, unlocks the funded state after evaluation completion.
Evaluation Phase Mechanics
- The evaluation involves reaching a profit target—commonly about 6%—under risk constraints including a 6% total drawdown and ~2.2% daily loss limit.
- Traders can take as few as five trading days to complete the evaluation, though no strict time limit is imposed.
- Success rates in recent cohorts have recorded around 16–20% of participants achieving funded status.
Funded Account Tiers: PRO & PRO+
PRO Account
- After passing evaluation, account holders gain access to a PRO account operating in a simulated trading environment via CME‑approved data platforms.
- Traders receive ~80% of profits and can make withdrawals from day one. Withdrawal processing is handled automatically, often within a business day.
PRO+ Account
- A PRO+ upgrade transitions traders into actual live market trading through regulated brokers; orders execute on real exchanges.
- Profit share increases to ~90%, alongside reduced drawdown restrictions (e.g., end-of-day drawdown allowance and no buffer rule).
Tradable Instruments and Platform Options
- Only futures across major exchanges (e.g. CME, CBOT, NYMEX, COMEX) are available. Non-futures assets such as stocks, options, forex, or crypto are not supported.
- Supports over 15 platforms (NinjaTrader, TradingView, Tradovate, Quantower, RTrader, MotiveWave, etc.), allowing traders flexibility in charting and execution environments.
Risk Controls and Policy Restrictions
- Risk rules include profit target, max daily loss, and total drawdown thresholds.
- PRO+ accounts incorporate end-of-day drawdown limits; PRO accounts only enforce intraday trailing drawdowns.
- Prohibitions include algorithmic hedging, news‑based automation, and high-frequency strategies. Violations can lead to account reset or termination.
Fee Structure and Trading Costs
- Test and PRO phases incur per-contract commissions of roughly $5 each way ($0.50 for micro contracts).
- In PRO+ phase, fees vary by selected platform—around $1.29 per round-trip for standard contracts on NinjaTrader and Tradovate, with lower micro contract fees (~$0.35).
Profit Payout Mechanism
- Withdrawals are allowed starting on the first trading day after receiving funding, with no restriction on timing or frequency.
- Common withdrawal methods include ACH, bank transfer, PayPal, or Wise, typically processed within one business day.
Customer Support Environment
- Support options include live chat and ticketing, operating during weekday hours.
- Some users report delays, unresolved tickets, and system issues affecting trading or account access.
Benefits and Drawbacks
Benefits:
- Fast evaluation and quick access to funded accounts.
- Immediate profit withdrawals once funded.
- Support for a broad range of third-party platforms.
- Higher profit retention options with PRO+ upgrade.
Drawbacks:
- Ongoing subscription costs during evaluation phase.
- Instrument limitation, only allowing futures.
- No completely free demo/trial prior to evaluation.
- Mixed customer support quality and digital reputation metrics.
Step‑by‑Step Trading Journey
- Select a funding tier based on trading ambitions and risk comfort.
- Register and start the evaluation by paying the monthly fee.
- Trade to meet profit and risk requirements.
- After passing, pay the activation fee to move into PRO stage.
- Withdraw profits and optionally upgrade to PRO+ for live market execution and enhanced profit sharing.
Conclusion
Take Profit Trader provides a streamlined path into funded futures trading, with tiered funding accounts, rapid evaluation, and flexible platform access. Traders can withdraw profits immediately from PRO accounts, and upgrading to PRO+ offers live-trading benefits and higher profit retention. While the model has strengths in simplicity and speed, limitations include evaluation fees, restricted eligible instruments, and variable support quality. Reviewing details in advance is crucial for those seeking to participate.
