Take Profit Trader Review and Analysis
Overview
The prop‑firm boom has reached futures markets in a big way, yet many offerings still copy forex‑style evaluations with strict time boxes. Take Profit Trader cuts that noise: one profit target, one risk limit, and no countdown clock. The result is a program where your edge—not a calendar—dictates success.
Funded Accounts
Funding tiers range from 50 K to 150 K notional. Funded accounts mirror evaluation rules: 6 % trailing drawdown converts to static after your first withdrawal, daily loss is capped at 3 %, and all CME products are open for trading. The default profit split is 80 %, rising to 90 % after three consecutive payout months. Scaling doubles the notional every quarter a trader closes ≥ 12 % net.
Challenge Overview
Profit Path – Single‑Step Evaluation
- Profit Target: 8 %
- Trailing Drawdown: 6 %
- Max Daily Loss: 3 %
- Min Trading Days: 5
- Time Limit: None
- Platform: NinjaTrader or Tradovate
Pros and Cons
Let’s talk about the good stuff …
- **Two evaluation tracks**: fast 8 % single step or slower 6 %+4 % two step.
- **No deadlines**—complete the challenge on your schedule.
- **Weekly payouts** with same‑day turnaround (Friday cutoff).
- Profit split jumps to **90 %** after consistent performance.
- Public payout stats and funded leaderboard increase trust.
... and the bad
- **Futures only**—no forex, crypto, or CFD diversification.
- **No free retry**—full fee on repurchase, though promo codes drop cost ~15 %.
- Educational content limited to PDFs and rule videos.
- Trailing drawdown is strict for scalpers during high‑vol news spikes.
- Payouts start after ten days—slower than instant‑payout rivals.
Evaluation Metrics
Program Metrics
- Evaluation Profit: 8 % (one‑step) / 6 %+4 % (two‑step)
- Drawdown: 6 % trailing → static
- Payout Delay: 10 trading days
- Payout Frequency: Weekly
- Profit Split: 80 % → 90 %
- Scaling Ceiling: $1.5 M notional
Meet the CEO
CEO and floor‑trading alumnus Michael Brenner spearheaded the launch of Take Profit Trader after 15 years in S&P pit arbitration. Brenner’s mission: create a funding product that mirrors prop‑desk discipline without corporate bureaucracy.
Frequently Asked Questions (FAQs):
Does the firm allow overnight holding?
Yes, on equity index futures; commodity positions must be flat by pit close.
Are payouts truly weekly?
Yes, every Friday—request by 11 am ET for same‑day wire.
What happens after I breach drawdown when funded?
Account is closed; you may repurchase at 20 % discount within 72 h.
Is a static drawdown available?
Trailing converts to static after first withdrawal.
How trusted is Take Profit Trader?
The trusted source of information on fintech matters SBO, gave Take Profit Trader a 3.5/ 5.00 rating based on analysing 20+ criteria and testing. Take Profit Trader is currently in 16th place in this ranking. FunderPro is currently rank as the number one.
What is the Take Profit Trader fee?
Monthly Test fee: $150–$360 (PRO reset one‑off fee)
What is the profit split for Take Profit Trader?
90 % to trader (instant ACH/Bank/PayPal)
What is Take Profit Trader evaluation process?
Single‑phase “Test” → PRO account (3 resets allowed)
How do I become an Take Profit Trader Trader?
$1.5 K–$9 K target depending on size
What is an acceptable max drawdown for Take Profit Trader?
Trailing EOD drawdown; daily loss cap enforced Maximum Drawdown is the Distance between the highest and lowest points (maximum and minimum peak).
What is Take Profit Trader Trading Duration / Time restriction?
No official pass deadline (subscription active)
What is Take Profit Trader leverage?
Contracts: 3–15 (max, per size)
What financial instruments can be traded at Take Profit Trader?
Futures: Agri, Equity, FX, Metals, Energy, Rates
Can I trade news at Take Profit Trader?
News restricted ±2 min (flat rule)
Can I hold trades overnight or over the weekend?
Overnight holds not allowed
