TakeProfitTrader Coupon Code WIN — Verified Discount (Apr 2026)

TakeProfitTrader Complete Guide 2026 — Overview

TakeProfitTrader, established in 2021, has quickly become a prominent player in the futures prop trading arena. Headquartered in Windermere, Florida, United States, TakeProfitTrader offers futures traders the opportunity to access funded accounts and significantly scale their trading operations. With a Trustpilot rating of 4.95/5 based on 8323 reviews, the firm demonstrates a strong commitment to its traders and a proven track record of positive experiences. At the helm is CEO James Sixsmith, guiding the company's mission to empower traders with capital and resources.

TakeProfitTrader operates on a one-step evaluation process, streamlining the path to becoming a funded trader. This simplified approach contrasts with multi-stage evaluations, potentially appealing to experienced traders seeking a faster route to accessing capital. The firm provides a maximum allocation of $150,000, allowing successful traders to manage substantial positions in the futures market. A key differentiator for TakeProfitTrader is its generous 90% profit split, enabling traders to retain a significant portion of their earnings. This high profit split, coupled with the available capital, positions TakeProfitTrader as an attractive option for skilled futures traders.

The firm's offerings include various account sizes, each with its own pricing structure and profit targets. The starting price for a challenge is $150, making it relatively accessible for traders looking to prove their skills. TakeProfitTrader supports a wide range of trading platforms, including popular choices like NinjaTrader, TradingView, and Sierra Chart, catering to diverse trading preferences. Traders can utilize strategies such as scalping and news trading, providing flexibility in their approach. However, certain strategies like trading bots/EAs, weekend holding, hedging, copy trading, and HFT are not allowed.

TakeProfitTrader accepts US traders and offers a scaling program to reward consistent profitability. Payouts are processed on-demand via ACH, PayPal, or Wise, providing convenient options for traders to access their earnings. While a daily loss limit is not specified, the maximum loss varies depending on the account size. The drawdown type is trailing, which traders should carefully consider as it can impact their risk management strategy. Overall, TakeProfitTrader presents a compelling opportunity for futures traders seeking funding, a high profit split, and a supportive environment to grow their trading careers.

How to Save 40% on TakeProfitTrader with Coupon Code WIN

Using a coupon code is the simplest way to reduce the cost of your TakeProfitTrader trading challenge. The code WIN provides an exclusive 40% discount on all TakeProfitTrader evaluation plans. Here is how to apply it:

1. Visit the TakeProfitTrader website through our exclusive partner link on this page.

2. Select your preferred challenge — choose the account size and evaluation type that matches your trading goals.

3. Enter the coupon code `WIN` at checkout — the 40% discount will be applied instantly to your order total.

4. Complete your purchase — you will receive immediate access to your evaluation account.

This 40% discount with code `WIN` applies to all available TakeProfitTrader challenge sizes. For example, if a challenge normally costs $500, you would pay only $300 after applying the code — saving $200 instantly.

The coupon code `WIN` is verified and updated regularly by our team. If the code does not work at checkout, return to this page for the most current discount code. Our exclusive partnership with TakeProfitTrader ensures that the codes listed here provide the maximum available savings.

Company Background

TakeProfitTrader, a proprietary trading firm specializing in futures markets, was founded in 2021. In its relatively short lifespan of 5 years, the company has established itself as a significant player in the prop trading industry, garnering a strong reputation among futures traders. The firm is headquartered in Windermere, Florida, United States, a location that provides a stable and accessible base of operations.

The driving force behind TakeProfitTrader is CEO James Sixsmith. While specific details about his background and experience are not provided, his leadership is evident in the company's growth and positive customer reviews. The firm's focus on futures trading reflects a strategic decision to specialize in a particular market, allowing them to develop expertise and cater to the specific needs of futures traders.

The company's rapid rise in popularity can be attributed, in part, to its commitment to providing traders with a favorable environment for success. This is reflected in its impressive Trustpilot rating of 4.95/5, based on 8323 reviews. This high rating suggests that TakeProfitTrader consistently delivers on its promises and provides a positive experience for its traders. The large number of reviews further reinforces the firm's credibility and widespread recognition within the trading community.

The decision to locate the headquarters in Windermere, Florida, may have been influenced by factors such as access to talent, a favorable business climate, and proximity to financial markets. While the specific reasons are not explicitly stated, the location provides a solid foundation for the company's operations.

TakeProfitTrader's focus on futures trading distinguishes it from prop firms that offer a wider range of asset classes. This specialization allows the firm to tailor its services and resources to the specific needs of futures traders, including platform support, risk management tools, and educational resources. The company's commitment to innovation and customer satisfaction is evident in its continuous efforts to improve its platform, services, and overall trading experience. As TakeProfitTrader continues to grow and evolve, it is poised to remain a leading provider of funded accounts for futures traders.

How TakeProfitTrader Works

TakeProfitTrader operates on a one-step evaluation process, designed to assess a trader's ability to generate profits while adhering to specific risk management parameters. This streamlined approach offers a potentially faster route to accessing funded capital compared to firms with multi-stage evaluations. The evaluation process is structured around specific challenges, each with its own account size, profit target, and maximum loss.

The core principle of the TakeProfitTrader evaluation is to demonstrate consistent profitability within the defined risk parameters. Traders must achieve the specified profit target for their chosen account size without exceeding the maximum loss. There is no daily loss limit specified, but the maximum loss acts as the primary risk control mechanism.

The evaluation process begins with the trader selecting a challenge that aligns with their trading style and risk tolerance. Each challenge requires an upfront payment, which varies depending on the account size. Once the challenge is selected, the trader gains access to a demo account with the specified funding level. They can then begin trading using one of the supported platforms, such as NinjaTrader, TradingView, or Sierra Chart.

During the evaluation period, traders must adhere to the firm's trading rules, which include restrictions on certain strategies such as trading bots/EAs, weekend holding, hedging, copy trading, and HFT. Scalping and news trading are allowed, providing traders with flexibility in their approach.

The evaluation is considered successful when the trader reaches the profit target without violating the maximum loss. Upon successful completion of the evaluation, the trader is offered a funded account with TakeProfitTrader. This funded account allows the trader to trade with the firm's capital and receive a percentage of the profits generated.

The profit split is a key aspect of the TakeProfitTrader model. The standard profit split is 90%, meaning that traders retain 90% of the profits they generate, while TakeProfitTrader receives the remaining 10%. This high profit split is a significant advantage for traders and a major selling point for the firm.

The maximum allocation available to traders is $150,000. This represents the maximum amount of capital that a trader can manage through TakeProfitTrader. The scaling program allows traders to potentially increase their allocation as they demonstrate consistent profitability.

The drawdown type is trailing, which means that the maximum loss limit adjusts based on the trader's highest achieved profit. This can be a restrictive factor for some trading styles, as the drawdown can move closer to the trader's current balance as they become more profitable.

The minimum trading days requirement is 5. This means that traders must trade for at least 5 days during the evaluation period to be eligible for funding. This requirement ensures that traders have sufficient time to demonstrate their trading skills and consistency.

Overall, the TakeProfitTrader evaluation process is designed to identify skilled and disciplined futures traders who can generate consistent profits while managing risk effectively. The one-step evaluation, high profit split, and wide range of supported platforms make TakeProfitTrader an attractive option for traders seeking to access funded capital and scale their trading operations.

Challenge Options and Pricing

TakeProfitTrader offers a range of challenge options to suit different trading styles and risk appetites. Each challenge provides a different account size, profit target, and maximum loss, allowing traders to choose the option that best aligns with their individual needs. All challenges are 1-step evaluations. Here's a detailed breakdown of each challenge:

$25,000 Account

• Price: $150.0
• Account Size: $25,000
• Evaluation Steps: 1-step
• Phase 1 Target: 1500.0%
• Phase 2 Target: N/A%
• Daily Loss: 0.0%
• Max Loss: 1500.0%
• Profit Split: 80.0%

This challenge is the most affordable option, making it accessible to traders with limited capital. The profit target of 1500.0% of the $25,000 account is $375,000. The maximum loss is 1500.0% of the $25,000 account, which is $375,000. The profit split for this challenge is 80.0%, meaning traders retain 80% of the profits they generate. The daily loss is 0.0%, meaning any loss on a given day will result in a failed challenge.

$50,000 Account

• Price: $170.0
• Account Size: $50,000
• Evaluation Steps: 1-step
• Phase 1 Target: 3000.0%
• Phase 2 Target: N/A%
• Daily Loss: 0.0%
• Max Loss: 2000.0%
• Profit Split: 80.0%

This challenge offers a larger account size for a slightly higher price. The profit target of 3000.0% of the $50,000 account is $1,500,000. The maximum loss is 2000.0% of the $50,000 account, which is $1,000,000. The profit split remains at 80.0%. The daily loss is 0.0%, meaning any loss on a given day will result in a failed challenge.

$75,000 Account

• Price: $245.0
• Account Size: $75,000
• Evaluation Steps: 1-step
• Phase 1 Target: 4500.0%
• Phase 2 Target: N/A%
• Daily Loss: 0.0%
• Max Loss: 2500.0%
• Profit Split: 80.0%

This challenge provides a further increase in account size and profit potential. The profit target of 4500.0% of the $75,000 account is $3,375,000. The maximum loss is 2500.0% of the $75,000 account, which is $1,875,000. The profit split remains at 80.0%. The daily loss is 0.0%, meaning any loss on a given day will result in a failed challenge.

$100,000 Account

• Price: $330.0
• Account Size: $100,000
• Evaluation Steps: 1-step
• Phase 1 Target: 6000.0%
• Phase 2 Target: N/A%
• Daily Loss: 0.0%
• Max Loss: 3000.0%
• Profit Split: 80.0%

This challenge offers a significant increase in capital and profit potential. The profit target of 6000.0% of the $100,000 account is $6,000,000. The maximum loss is 3000.0% of the $100,000 account, which is $3,000,000. The profit split remains at 80.0%. The daily loss is 0.0%, meaning any loss on a given day will result in a failed challenge.

$150,000 Account

• Price: $360.0
• Account Size: $150,000
• Evaluation Steps: 1-step
• Phase 1 Target: 9000.0%
• Phase 2 Target: N/A%
• Daily Loss: 0.0%
• Max Loss: 4500.0%
• Profit Split: 80.0%

This challenge provides the highest level of funding and profit potential. The profit target of 9000.0% of the $150,000 account is $13,500,000. The maximum loss is 4500.0% of the $150,000 account, which is $6,750,000. The profit split remains at 80.0%. The daily loss is 0.0%, meaning any loss on a given day will result in a failed challenge.

Summary Table:

The profit targets are extremely high, and the daily loss is 0.0%, meaning any loss on a given day will result in a failed challenge.

Trading Rules and Risk Management

TakeProfitTrader implements a set of trading rules and risk management parameters to ensure responsible trading practices and protect the firm's capital. These rules are designed to promote consistent profitability and prevent excessive risk-taking. Understanding and adhering to these rules is crucial for traders seeking to succeed with TakeProfitTrader.

Daily Loss Limit:

The data indicates that there is no specified daily loss limit for TakeProfitTrader challenges. This means that traders are not restricted by a maximum loss amount on any given trading day. However, the absence of a daily loss limit does not imply that risk management is not important. Traders must still exercise caution and manage their risk effectively to avoid exceeding the maximum loss.

Maximum Loss:

The maximum loss is a critical risk management parameter that defines the maximum amount of capital a trader can lose before their account is closed. The maximum loss varies depending on the account size and challenge selected.

• $25,000 Account: 1500.0% of the account, which is $375,000
• $50,000 Account: 2000.0% of the account, which is $1,000,000
• $75,000 Account: 2500.0% of the account, which is $1,875,000
• $100,000 Account: 3000.0% of the account, which is $3,000,000
• $150,000 Account: 4500.0% of the account, which is $6,750,000

It is important to note that these maximum loss percentages are extremely high, and the daily loss is 0.0%, meaning any loss on a given day will result in a failed challenge.

Drawdown Type:

TakeProfitTrader utilizes a trailing drawdown. A trailing drawdown means that the maximum loss limit adjusts based on the trader's highest achieved profit. As the trader's account balance increases, the maximum loss limit also increases, providing more flexibility. However, if the trader experiences losses, the maximum loss limit will decrease, potentially leading to account closure if the drawdown reaches the limit.

The trailing drawdown can be both beneficial and restrictive. It allows traders to capture more profit potential as their account grows, but it also requires careful risk management to avoid giving back profits and triggering the drawdown limit.

Minimum Trading Days:

TakeProfitTrader requires traders to trade for a minimum of 5 days to pass the evaluation. This requirement ensures that traders have sufficient time to demonstrate their trading skills and consistency. It also prevents traders from passing the evaluation based on a single lucky trade or short-term market fluctuation.

Prohibited Trading Strategies:

TakeProfitTrader prohibits certain trading strategies that are deemed to be excessively risky or detrimental to the firm's interests. These prohibited strategies include:

• Trading Bots/EAs: Automated trading systems are not allowed.
• Weekend Holding: Holding positions over the weekend is not permitted.
• Hedging: Simultaneously holding opposing positions in the same market is prohibited.
• Copy Trading: Copying the trades of other traders is not allowed.
• HFT: High-frequency trading strategies are not permitted.

Allowed Trading Strategies:

TakeProfitTrader allows traders to utilize a variety of trading strategies, including:

• Scalping: Making small profits from short-term price fluctuations is permitted.
• News Trading: Trading based on economic news releases and events is allowed.

By adhering to these trading rules and risk management parameters, traders can increase their chances of success with TakeProfitTrader and build a sustainable trading career.

Profit Split and Payouts

TakeProfitTrader offers a compelling profit split and flexible payout options to incentivize and reward successful traders. The firm's commitment to sharing profits generously is a key differentiator and a major attraction for traders seeking funded accounts.

Profit Split Percentage:

TakeProfitTrader offers a standard profit split of 90%, allowing traders to retain a substantial portion of their earnings. This means that for every dollar of profit generated, the trader keeps 90 cents, while TakeProfitTrader receives 10 cents. This high profit split is among the most competitive in the industry and provides traders with a significant incentive to perform well. The profit split is 80% for the challenges.

Payout Frequency:

TakeProfitTrader offers on-demand payouts, providing traders with the flexibility to access their earnings whenever they need them. This on-demand payout frequency is a significant advantage compared to firms that offer payouts only on a fixed schedule (e.g., weekly or monthly).

Payout Methods:

TakeProfitTrader supports multiple payout methods to cater to the diverse needs of its traders. These payout methods include:

• ACH (Automated Clearing House): Direct bank transfer for US-based traders.
• PayPal: A popular online payment platform for fast and convenient transfers.
• Wise: An international money transfer service for cost-effective cross-border payments.

The availability of these payout methods ensures that traders can easily access their earnings, regardless of their location.

First Payout Timeline:

TakeProfitTrader offers a first payout after just 1 day of trading in the funded account. This rapid payout timeline is a significant advantage for traders who want to quickly access their earnings.

The combination of a high profit split, on-demand payouts, and multiple payout methods makes TakeProfitTrader an attractive option for traders seeking a fair and flexible funding program. The firm's commitment to rewarding successful traders is evident in its generous profit-sharing arrangement and convenient payout options.

Trading Platforms and Tools

TakeProfitTrader understands the importance of providing traders with access to a wide range of powerful and reliable trading platforms. The firm supports a diverse selection of platforms to cater to different trading styles, preferences, and technical requirements.

Supported Trading Platforms:

TakeProfitTrader supports the following trading platforms:

• NinjaTrader: A popular platform known for its advanced charting, backtesting, and automated trading capabilities.
• Tradovate: A cloud-based platform offering a streamlined and user-friendly interface with integrated order flow tools.
• TradingView: A web-based platform renowned for its social networking features, comprehensive charting tools, and global market data.
• Rithmic R|Trader Pro: A professional-grade platform designed for high-speed order execution and market data analysis.
• Quantower: A multi-asset platform offering advanced charting, order flow analysis, and automated trading capabilities.
• MotiveWave: An advanced charting platform specializing in Elliott Wave analysis and other technical analysis techniques.
• ATAS: A platform focused on order flow analysis, providing tools for visualizing market depth and identifying trading opportunities.
• MultiCharts: A platform known for its advanced charting, backtesting, and automated trading capabilities.
• eSignal: A platform providing real-time market data, advanced charting, and news feeds.
• VolFix: A platform specializing in volume analysis, offering tools for identifying volume-based trading signals.
• Jigsaw Trading: A platform focused on order flow analysis and market microstructure.
• Sierra Chart: A highly customizable platform offering advanced charting, backtesting, and order execution capabilities.
• Bookmap: A platform visualizing market depth and order book activity.

This extensive list of supported platforms ensures that traders can choose the platform that best suits their individual needs and trading style. Whether they prefer advanced charting, order flow analysis, or automated trading, TakeProfitTrader provides a platform to meet their requirements.

Broker Relationship:

TakeProfitTrader partners with Tradovate as its broker. Tradovate is a regulated futures broker known for its innovative platform and competitive pricing. The partnership with Tradovate provides TakeProfitTrader's traders with access to reliable order execution and clearing services.

The choice of Tradovate as a broker reflects TakeProfitTrader's commitment to providing traders with a secure and efficient trading environment. Tradovate's regulatory compliance and financial stability ensure that traders' funds are protected.

The availability of multiple trading platforms and a reliable broker relationship are essential components of TakeProfitTrader's offering. These resources empower traders to execute their strategies effectively and manage their risk with confidence.

Allowed Trading Strategies

TakeProfitTrader has specific guidelines regarding allowed and prohibited trading strategies. These guidelines are designed to promote responsible trading practices and protect the firm's capital. Understanding these rules is crucial for traders seeking to succeed with TakeProfitTrader.

Allowed Strategies:

• Scalping: Scalping, a trading strategy that involves making small profits from short-term price fluctuations, is explicitly allowed by TakeProfitTrader. This allows traders to capitalize on intraday market movements and generate consistent profits through frequent trades.
• News Trading: News trading, which involves trading based on economic news releases and events, is also permitted. This allows traders to take advantage of market volatility and price movements triggered by news announcements.

Prohibited Strategies:

• Trading Bots/EAs: The use of automated trading systems, also known as trading bots or Expert Advisors (EAs), is strictly prohibited. This restriction is likely in place to prevent excessive risk-taking and ensure that all trading decisions are made by human traders.
• Weekend Holding: Holding positions over the weekend is not allowed. This rule is likely intended to mitigate the risk of unexpected market gaps or news events that could occur while the markets are closed.
• Hedging: Hedging, which involves simultaneously holding opposing positions in the same market, is prohibited. This restriction is likely in place to prevent traders from artificially inflating their trading volume or engaging in other manipulative practices.
• Copy Trading: Copy trading, which involves copying the trades of other traders, is not allowed. This rule is likely intended to ensure that all traders are making their own independent trading decisions.
• HFT: High-frequency trading (HFT) strategies are not permitted. HFT involves using sophisticated algorithms and high-speed connections to execute a large number of orders in fractions of a second. This type of trading is often associated with market manipulation and is therefore prohibited by TakeProfitTrader.

The allowance of scalping and news trading provides traders with flexibility in their trading approach, while the prohibition of trading bots/EAs, weekend holding, hedging, copy trading, and HFT helps to ensure a fair and responsible trading environment.

Traders should carefully review and understand these guidelines before engaging in any trading activity with TakeProfitTrader. Violating these rules could result in account suspension or termination.

Scaling Program

TakeProfitTrader offers a scaling program designed to reward consistent profitability and provide traders with the opportunity to manage larger amounts of capital. While the specific details of the scaling program are not fully outlined in the provided data, the presence of such a program indicates a commitment to supporting the growth and development of successful traders.

The scaling program likely works by increasing a trader's account allocation as they consistently achieve certain performance milestones. These milestones could include factors such as:

• Profitability: Consistently generating profits over a specified period.
• Risk Management: Adhering to the firm's risk management parameters and avoiding excessive losses.
• Consistency: Maintaining a consistent trading style and avoiding erratic behavior.

As traders meet these milestones, their account allocation may be increased incrementally, allowing them to manage larger positions and potentially generate higher profits. The scaling program provides a strong incentive for traders to focus on long-term profitability and responsible risk management.

The maximum allocation available through TakeProfitTrader is $150,000. This likely represents the highest level of funding that a trader can achieve through the scaling program.

The scaling program is a valuable feature for traders who are looking to grow their trading careers and access larger amounts of capital. It provides a clear path for advancement and rewards traders for their hard work and dedication.

Who Should Choose TakeProfitTrader?

Based on the available data, TakeProfitTrader is best suited for experienced futures traders who are seeking a funded account with a high profit split and a wide range of platform options. The firm's offerings cater to traders who:

• Have a Proven Track Record in Futures Trading: The one-step evaluation process requires traders to demonstrate their ability to generate profits quickly and efficiently. This makes TakeProfitTrader a better fit for experienced traders who have a solid understanding of the futures markets and a proven trading strategy.
• Seek a High Profit Split: The 90% profit split (80% for challenges) is a major draw for traders who want to retain a significant portion of their earnings. This high profit split allows traders to maximize their income potential and accelerate their wealth accumulation.
• Prefer a Specific Trading Platform: The wide range of supported platforms, including NinjaTrader, TradingView, and Sierra Chart, allows traders to choose the platform that best suits their individual needs and preferences. This flexibility is particularly valuable for traders who have developed expertise in a particular platform.
• Are Comfortable with a Trailing Drawdown: The trailing drawdown can be restrictive for some trading styles, so traders should carefully consider whether it aligns with their risk tolerance and trading strategy. Traders who are comfortable managing their risk within a trailing drawdown framework will be well-suited for TakeProfitTrader.
• Trade Strategies That Are Allowed: Traders who use scalping or news trading will find TakeProfitTrader a good fit. Those who rely on bots, weekend holding, hedging, copy trading, or HFT will need to adjust their strategies.
• Are US-Based: TakeProfitTrader explicitly accepts US traders, making it a convenient option for traders located in the United States.

TakeProfitTrader may not be the best choice for novice traders who are just starting out in the futures markets. The one-step evaluation process and the absence of a free trial can be challenging for inexperienced traders who are still developing their skills. Additionally, the trailing drawdown may be difficult to manage for traders who are not yet proficient in risk management.

Overall, TakeProfitTrader is a compelling option for experienced futures traders who are seeking a funded account with a high profit split, a wide range of platform options, and a supportive environment to grow their trading careers.

Pros and Cons

Based solely on the provided data, here's an objective assessment of the pros and cons of TakeProfitTrader:

Pros:

• High Profit Split: The 90% profit split (80% for challenges) is exceptionally generous and allows traders to retain a significant portion of their earnings.
• Maximum Allocation: The maximum allocation of $150,000 provides traders with substantial capital to manage.
• Wide Range of Trading Platforms: The support for multiple platforms, including NinjaTrader, TradingView, and Sierra Chart, caters to diverse trading preferences.
• On-Demand Payouts: The availability of on-demand payouts provides traders with flexibility and control over their earnings.
• Multiple Payout Methods: Support for ACH, PayPal, and Wise provides convenient payout options for traders in different locations.
• Fast First Payout: The first payout is available after just 1 day of trading in the funded account.
• Established Reputation: The high Trustpilot rating of 4.95/5 from 8323 reviews indicates a strong track record of customer satisfaction.
• Scaling Program: The presence of a scaling program provides traders with the opportunity to increase their account allocation as they demonstrate consistent profitability.
• US Traders Accepted: TakeProfitTrader explicitly accepts US traders.
• Allowed Strategies: Scalping and news trading are permitted.

Cons:

• Trailing Drawdown: The trailing drawdown can be restrictive for some trading styles and requires careful risk management.
• No Daily Loss Limit: While some traders may prefer the flexibility of no daily loss limit, it can also lead to increased risk if not managed properly.
• Prohibited Strategies: Trading bots/EAs, weekend holding, hedging, copy trading, and HFT are not allowed, which may limit the options for some traders.
• No Free Trial: The absence of a free trial makes it difficult for traders to test the platform and services before committing to a challenge.
• One-Step Evaluation: The one-step evaluation may be challenging for inexperienced traders.
• High Profit Targets: The profit targets for the challenges are extremely high.
• Daily Loss of 0.0%: The daily loss of 0.0% for the challenges means any loss on a given day will result in a failed challenge.

Overall, TakeProfitTrader offers a compelling package for experienced futures traders seeking a funded account with a high profit split and a wide range of platform options. However, traders should carefully consider the trailing drawdown, prohibited strategies, and the absence of a free trial before making a decision.

Frequently Asked Questions

Here are 10+ frequently asked questions about TakeProfitTrader, based solely on the provided data:

1. What is TakeProfitTrader?

TakeProfitTrader is a proprietary trading firm that provides futures traders with funded accounts.

2. Where is TakeProfitTrader located?

TakeProfitTrader is headquartered in Windermere, Florida, United States.

3. How long has TakeProfitTrader been in business?

TakeProfitTrader was founded in 2021 and has been in operation for 5 years.

4. What is the profit split at TakeProfitTrader?

TakeProfitTrader offers a 90% profit split (80% for challenges), meaning traders retain 90% of the profits they generate.

5. What is the maximum funding allocation available at TakeProfitTrader?

The maximum funding allocation is $150,000.

6. What trading platforms does TakeProfitTrader support?

TakeProfitTrader supports a wide range of platforms, including NinjaTrader, Tradovate, TradingView, Rithmic R|Trader Pro, Quantower, MotiveWave, ATAS, MultiCharts, eSignal, VolFix, Jigsaw Trading, Sierra Chart, and Bookmap.

7. What strategies are allowed at TakeProfitTrader?

Scalping and news trading are allowed.

8. What strategies are prohibited at TakeProfitTrader?

Trading bots/EAs, weekend holding, hedging, copy trading, and HFT are not allowed.

9. What is the drawdown type at TakeProfitTrader?

The drawdown type is trailing.

10. What is the minimum number of trading days required to pass the evaluation?

The minimum number of trading days is 5.

11. What payment methods does TakeProfitTrader accept?

TakeProfitTrader accepts Credit Card and PayPal.

12. What payout methods does TakeProfitTrader offer?

TakeProfitTrader offers payouts via ACH, PayPal, and Wise.

13. How often are payouts processed?

Payouts are processed on-demand.

14. How soon can I receive my first payout?

The first payout is available after 1 day of trading in the funded account.

15. Does TakeProfitTrader accept US traders?

Yes, TakeProfitTrader accepts US traders.

16. Is there a daily loss limit?

No, there is no daily loss limit specified.

17. Is there a free trial available?

No, there is no free trial available.

18. Does TakeProfitTrader offer a scaling program?

Yes, TakeProfitTrader offers a scaling program.

19. What is the Trustpilot rating for TakeProfitTrader?

TakeProfitTrader has a Trustpilot rating of 4.95/5 from 8323 reviews.

These FAQs provide a comprehensive overview of TakeProfitTrader's key features, policies, and offerings, based solely on the information provided.

Final Verdict

TakeProfitTrader presents a compelling opportunity for experienced futures traders seeking to leverage their skills with funded capital. The firm's standout feature is undoubtedly its generous 90% profit split (80% for challenges), allowing traders to retain a significant portion of their earnings. This, coupled with a maximum allocation of $150,000, positions TakeProfitTrader as an attractive option for those looking to scale their trading operations.

The wide array of supported trading platforms, including popular choices like NinjaTrader and TradingView, caters to diverse trading preferences and ensures that traders can utilize their preferred tools. The on-demand payout frequency and multiple payout methods (ACH, PayPal, Wise) provide flexibility and convenience in accessing earnings. The relatively quick first payout timeline of 1 day is also a positive aspect.

However, potential traders should carefully consider the trailing drawdown, which can be restrictive for certain trading styles. The absence of a daily loss limit, while offering flexibility, requires disciplined risk management. The prohibition of certain trading strategies, such as trading bots/EAs and weekend holding, may also be a limiting factor for some. The extremely high profit targets and 0.0% daily loss for the challenges make them very difficult to pass.

The lack of a free trial makes it difficult to assess the platform and services before committing to a challenge. The one-step evaluation process may be challenging for less experienced traders.

Overall, TakeProfitTrader is best suited for experienced futures traders with a proven track record, a solid understanding of risk management, and a preference for the supported trading platforms. The high profit split and potential for significant capital allocation make it a worthwhile option for those who meet these criteria. However, traders should carefully weigh the pros and cons and ensure that TakeProfitTrader's offerings align with their individual trading style and risk tolerance before making a decision.