Looking to trade futures without risking your own money? Take Profit Trader offers funded accounts for U.S. futures traders, while QuantVPS provides the technical infrastructure for seamless trading execution. Here’s a quick breakdown:
- Take Profit Trader: Offers funding for futures traders with monthly fees ranging from $150 to $360 (based on account size). Pass their evaluation, pay a $130 activation fee, and enjoy profit splits of 80/20 or 90/10. Immediate payouts and support for over 30 trading platforms are key benefits, though their strict evaluation rules and low success rate (20.37%) are challenges.
- QuantVPS: Delivers ultra-low latency (as fast as 1ms) and 100% uptime for trading platforms like NinjaTrader and TradingView. Pricing starts at $49/month, scaling to $299/month for advanced setups. Ideal for traders needing reliable and fast trade execution.
This comprehensive guide explores everything you need to know about Take Profit Trader, from their unique single-step evaluation process to their competitive profit split structure. Whether you’re a seasoned futures trader or exploring prop trading for the first time, understanding how this firm operates can help you make informed decisions about your trading career. Take Profit Trader’s approach is designed to provide lasting benefits that can positively impact your life, offering more time, peace of mind, and the potential for long-term financial stability.
Introduction to Prop Firms
Proprietary trading firms, commonly known as prop firms, have revolutionized the way traders access financial markets. Instead of risking their own money, traders at a prop firm use the company’s capital to trade, sharing a portion of the profits they generate. This model allows skilled traders to maximize their earning potential while minimizing personal financial risk.
Prop trading firms like Take Profit Trader stand out by offering a straightforward evaluation process that assesses a trader’s ability to manage risk and generate consistent profits. Once a trader successfully completes the evaluation, they gain access to a funded trading account, enabling them to trade larger positions and pursue greater profits than would be possible with their own funds alone.
The appeal of prop trading lies in its ability to align the interests of both the trader and the firm. Traders benefit from the opportunity to earn a significant share of the profits without putting their own money at risk, while the firm profits from the success of its traders. Take Profit Trader, in particular, has gained recognition for its simplified approach, immediate access to profits, and commitment to supporting traders throughout the evaluation process and beyond. For anyone considering a career in trading, understanding how prop firms operate is a crucial first step toward success in the industry.
What is Take Profit Trader?
Take Profit Trader is a proprietary trading firm specializing in futures markets that provides funded trading accounts to qualified traders. Founded in 2022 by former professional hockey player James Sixsmith, the company operates on a straightforward business model: identify skilled traders through evaluation challenges and provide them with capital to trade the futures markets.
The firm’s target audience consists primarily of futures traders seeking capital access without putting their own money at risk. Unlike traditional trading where individuals must fund their own accounts, Take Profit Trader offers a pathway for skilled traders to access substantial trading capital through their evaluation process.
Currently, the company is offering a significant promotional opportunity with a 40% lifetime discount on subscriptions for new traders. Traders can choose from a variety of subscription plans, allowing them to select the plan that best fits their trading style and needs. This makes their already competitive pricing structure even more attractive for those looking to start their prop trading journey.
What sets Take Profit Trader apart from other prop firms is their focus exclusively on futures trading rather than attempting to serve multiple asset classes. This specialization allows them to optimize their platform, rules, and support specifically for futures traders, creating a more targeted and effective trading environment.
How Take Profit Trader Works
The core of Take Profit Trader’s operation revolves around a single-step evaluation process, which stands in contrast to the multi-step competitors that often require traders to pass through multiple phases before receiving funding. This streamlined approach reduces the time and complexity involved in becoming a funded trader.
The business model operates on a monthly subscription basis during the evaluation period. Traders pay a monthly fee to access their chosen account size and work toward meeting the profit target requirements. Once successful, they transition to a funded PRO account with a one-time activation fee of $130.
Upon successful completion of the evaluation, traders enter into a profit-sharing arrangement with Take Profit Trader. The standard profit split begins at 80/20 in favor of the trader, with the opportunity to upgrade to a 90/10 split through the PRO+ account option after demonstrating consistent performance over 60 trading days.
The transition from evaluation to funded trading is designed to be seamless. Once traders successfully passed the evaluation requirements, they can immediately begin trading with real capital through their PRO account. This quick transition helps maintain momentum and allows profitable traders to start earning real money without unnecessary complications. In other words, after passing the evaluation, traders can start trading live markets with real capital right away, marking the pivotal step from evaluation to live trading.
Account Types and Sizes
Take Profit Trader offers five distinct account sizes to accommodate traders with different experience levels and goals. The available options include $25K, $50K, $75K, $100K, and $150K accounts, each with corresponding monthly subscription fees and profit targets.
| Account Size | Monthly Fee | Profit Target | Max Position | Daily Loss Limit |
|---|---|---|---|---|
| $25K | $150 | $1,500 | 3 contracts | $1,000 |
| $50K | $197 | $3,000 | 6 contracts | $2,000 |
| $75K | $247 | $4,500 | 9 contracts | $3,000 |
| $100K | $297 | $6,000 | 12 contracts | $4,000 |
| $150K | $360 | $9,000 | 18 contracts | $6,000 |
Each account size comes with specific position limits and daily loss parameters designed to encourage disciplined trading practices. For example, the $50K account allows trading up to 6 contracts or 60 micro contracts, providing flexibility for different trading strategies while maintaining appropriate risk management rules.
The monthly subscription fees range from $150 for the smallest account to $360 for the largest, making the program accessible to traders with varying budgets. These fees cover access to the trading platform, market data, and ongoing support throughout the evaluation period. Additionally, tech fees are included as part of the costs associated with accessing simulated trading environments and testing accounts.
Evaluation Process and Requirements
The evaluation process at Take Profit Trader centers around a 6% profit target requirement that applies consistently across all account sizes. This standardized approach means that whether you’re trading a $25K or $150K account, you need to achieve the same percentage return to demonstrate your trading ability. The initial phase involves trading a test account, where traders must prove their skills and risk management before qualifying for a funded account.
Traders must complete a minimum of 5 trading days during their evaluation period. This requirement ensures that successful traders demonstrate consistency rather than achieving their profit target through a single lucky trade. The trading days don’t need to be consecutive, providing flexibility for different trading schedules and market conditions. Demonstrating consistent performance across multiple test accounts, if applicable, is also important for those seeking to manage more than one account.
One of the most important rules is the 50% daily profit limit, which states that no single trading day can account for more than 50% of your total profits. This rule encourages consistent performance and prevents traders from taking excessive risks in pursuit of quick profits. Passing this trading test is a necessary step to qualify for a funded account.
The firm employs an end-of-day trailing drawdown system rather than intraday limits, which gives traders more flexibility in their position management throughout each trading day. However, it’s worth noting that Take Profit Trader plans to remove maximum daily loss limits entirely in 2025, further streamlining their risk management approach.
According to industry data, the pass rate for Take Profit Trader evaluations is approximately 20%, which aligns with typical success rates across the prop trading industry. This statistic highlights the importance of proper preparation and disciplined trading during the evaluation period.
Risk Management Rules
Risk management forms the foundation of Take Profit Trader’s evaluation and funded trading requirements. The firm emphasizes consistency requirements and trading discipline throughout all phases of their program, recognizing that sustainable profitability depends on sound risk management practices.
Automated trading systems, including trading bots, are not permitted on the platform. This rule ensures that all trading decisions come from human judgment and analysis rather than algorithmic approaches. Similarly, counter positions are prohibited, meaning traders cannot hold opposing positions in the same instrument simultaneously.
The company implements buffer zone requirements that affect withdrawal eligibility once traders become funded. The buffer requirement helps protect both the trader and the firm from excessive drawdowns while allowing for normal trading fluctuations.
End-of-day drawdown calculations determine account status and rule compliance. Unlike some firms that monitor intraday drawdowns continuously, Take Profit Trader’s approach provides more trading flexibility while maintaining appropriate risk controls through daily assessments.
Trading Platform Integration
Take Profit Trader’s primary trading platform integration centers around NinjaTrader 8, which requires traders to obtain a paid license for full functionality. This professional-grade platform provides advanced charting, order management, and analysis tools specifically designed for active futures traders.
Beyond NinjaTrader 8, the firm supports multiple other platforms including TradingView, Tradovate, and Quantower. This diversity ensures that traders can work with their preferred interface while accessing Take Profit Trader’s funded accounts and evaluation programs.
Market data comes through CQG and Rithmic data feeds, both of which are considered industry standards for real-time futures market information. These feeds ensure that traders receive accurate, timely data necessary for making informed trading decisions.
In total, Take Profit Trader supports over 15 different trading platforms, making it one of the most flexible prop firms in terms of technology choices. The platform setup and technology infrastructure are handled by Take Profit Trader, allowing traders to focus on their trading rather than technical configuration issues. The user friendly portal features an intuitive design and easy navigation, making it simple for traders at all levels to access account features and manage their trading activities efficiently.
The integration with CME approved data providers ensures that traders experience authentic market conditions during both evaluation and funded phases. This commitment to using regulated data sources demonstrates the firm’s focus on providing a professional trading environment.
Futures Trading with Take Profit Trader
Futures trading is at the core of Take Profit Trader’s offering, providing traders with the chance to profit from price movements in a wide range of markets. By trading futures contracts, traders can speculate on the future price of commodities, indices, and currencies, all while leveraging the firm’s capital instead of their own. This approach not only amplifies profit potential but also allows traders to diversify their strategies across multiple asset classes.
Take Profit Trader’s platform is designed with futures traders in mind, offering a user-friendly interface and robust risk management tools to help manage risk and maximize returns. The firm’s risk management rules ensure that traders maintain discipline and protect both their own interests and those of the company. With access to real-time data, advanced trading setups, and a variety of futures markets, traders can develop and execute strategies that suit their individual trading styles.
By focusing exclusively on futures trading, Take Profit Trader provides a specialized environment where traders can hone their skills, manage risk effectively, and pursue consistent profits. Whether you’re an experienced futures trader or new to the market, the firm’s support, technology, and capital resources offer a significant advantage in achieving your trading goals.
Fee Structure
Take Profit Trader uses a subscription-based model for its evaluation phase, with fees depending on the account size. Monthly costs range from $150 for a $25,000 account to $360 for a $150,000 account. Here’s a quick breakdown:
| Account Size | Monthly Fee | Profit Target | Daily Loss Limit | EOD Trailing Drawdown |
|---|---|---|---|---|
| $25,000 | $150 | $1,500 | $500 | $1,500 |
| $50,000 | $170 | $3,000 | $1,100 | $2,000 |
| $75,000 | $245 | $4,500 | $1,600 | $2,500 |
| $100,000 | $330 | $6,000 | $2,200 | $3,000 |
| $150,000 | $360 | $9,000 | $3,300 | $4,500 |
Once traders pass the evaluation, there’s a one-time $130 activation fee. From then on, PRO account holders enjoy an 80/20 profit split, while PRO+ accounts offer an even better 90/10 split. Commissions are set at $5 per round trip per contract ($0.50 for micros).
Funded Account Benefits and Features
One of the most attractive features of Take Profit Trader’s funded accounts is day-one payout availability. Unlike many competitors that impose waiting periods before traders can access their profits, Take Profit Trader allows immediate withdrawal requests upon account funding. Instant payouts are a key benefit, enabling traders to access their earnings immediately and enhancing user experience.
Profit withdrawal processing typically occurs within one business day, significantly faster than industry standards. This quick turnaround time means that successful traders can quickly withdraw their profits and access their earnings almost immediately, improving cash flow and reducing financial stress.
There are no minimum trading days required for withdrawal eligibility once a trader becomes funded. There are also no restrictions on the number of profitable days required to withdraw funds, so traders can realize profits and access them as often as they wish. The absence of withdrawal restrictions allows traders to withdraw their profits freely, without delays or minimum trading requirements.
The firm imposes no maximum withdrawal limits above the buffer zone, allowing successful traders to extract substantial profits as they earn them. There is no maximum amount that can be withdrawn at once, providing flexibility and convenience for traders who generate significant returns. This approach encourages aggressive profit-taking strategies and supports traders who generate significant returns.
Funded traders can manage up to 5 PRO accounts simultaneously, providing opportunities for strategy diversification and increased earning potential. This multi-account capability allows experienced traders to scale their operations substantially while maintaining appropriate risk management across their portfolio.
PRO vs PRO+ Account Differences
Understanding the distinction between PRO and PRO+ accounts is crucial for traders planning their progression with Take Profit Trader. PRO accounts operate in a simulated trading environment with an 80/20 profit split, providing funded traders with substantial earning potential while the firm manages market risk.
PRO+ accounts represent the premium tier, offering a 90/10 profit split and live market execution through regulated brokers like Tradovate. To qualify for PRO+ upgrade, traders must demonstrate 60 days of consistent performance in their PRO account, proving their ability to generate sustainable profits.
The key benefits of PRO+ accounts include elimination of buffer requirements and transition to EOD drawdown-only calculations. This enhanced flexibility allows experienced traders more freedom in their position management and withdrawal timing.
Live trading through regulated brokers in PRO+ accounts provides the psychological satisfaction of actual market participation while maintaining the capital protection benefits of prop trading. This hybrid approach combines the best aspects of personal and proprietary trading.
The progression from PRO to PRO+ accounts creates a clear advancement path for successful traders, offering increased profit sharing and enhanced trading privileges as rewards for consistent performance.
Payout Structure and Withdrawal Process
Take Profit Trader supports multiple payment methods for profit withdrawals, including Plaid, PayPal, and Wise. This variety ensures that traders worldwide can access their earnings through their preferred financial service provider.
The withdrawal process includes both automated and manual processing options depending on the amount and payment method selected. Smaller, routine withdrawals often process automatically, while larger amounts may require manual review for security purposes.
The fee structure includes a $50 charge for withdrawals under $250, so traders will be paying this fee if they choose to withdraw smaller amounts. This policy encourages traders to accumulate larger withdrawal amounts rather than making frequent small requests and helps manage administrative costs while providing reasonable access to profits.
Processing times vary from same-day service to 1-5 business days depending on the chosen withdrawal method and amount. PayPal typically offers the fastest processing, while bank transfers may take several business days to complete.
International traders benefit from Wise integration, which provides competitive exchange rates and lower transfer fees compared to traditional international wire transfers. This global accessibility makes Take Profit Trader attractive to futures traders worldwide.
Buffer Zone and Withdrawal Rules
The buffer zone concept represents a crucial aspect of Take Profit Trader’s risk management system. The buffer zone is calculated as a percentage of the account size and represents the minimum equity level that must be maintained before withdrawals become eligible.
Withdrawal eligibility above the buffer threshold ensures that accounts maintain sufficient capital to continue trading while allowing profits to be extracted. This balance protects both trader and firm interests while supporting sustainable trading operations.
Consequences of trading within the buffer zone include temporary restrictions on withdrawals and increased monitoring of trading activity. These measures help prevent account depletion while encouraging conservative position sizing during temporary drawdown periods.
Account closure policies include partial buffer return under certain circumstances, providing some protection for trader deposits even in worst-case scenarios. The specific terms depend on the reason for closure and account history.
PRO+ accounts eliminate buffer requirements entirely, representing one of the key advantages of advancing to the premium tier. This elimination provides maximum withdrawal flexibility for proven, consistent traders.
Account Reset and Scaling Options
Take Profit Trader provides up to 3 resets per PRO account, allowing traders who experience temporary setbacks to restart their evaluation without losing all progress. The reset costs are structured to be affordable while encouraging serious commitment to the evaluation process.
The reset procedures are streamlined and can typically be completed within one business day. This quick turnaround minimizes downtime and allows determined traders to get back to pursuing their profit targets rapidly.
Multiple account management capabilities enable traders to operate up to 5 accounts simultaneously, creating opportunities for significant scaling once initial success is achieved. As traders manage more accounts and scale their operations, the total number of contracts traded increases, demonstrating the platform’s reliability in handling higher trading volumes. This multi-account approach allows for strategy diversification and increased overall profit potential.
Strategy diversification opportunities arise naturally from managing multiple accounts, as traders can test different approaches or trade various market sectors without risking their entire capital allocation on a single strategy.
The scaling progression from single to multiple accounts provides a clear growth path for successful traders. Starting with one account and gradually adding additional accounts as skills and confidence develop represents a logical advancement strategy.
Company Background and Leadership
James Sixsmith’s journey from professional hockey to trading demonstrates the diverse backgrounds that can lead to success in financial markets. His transition from athletics to finance brings a unique perspective on discipline, performance under pressure, and goal achievement to Take Profit Trader’s leadership.
The founding of Trade Context in 2015 provided Sixsmith with extensive experience in trader education and development before launching Take Profit Trader. This background company served as a testing ground for concepts and strategies that would later inform the prop trading firm’s structure.
Over $7 million in funding provided through Trade Context demonstrates a substantial track record of supporting trader development and capital allocation. This history provides credibility and evidence of the team’s ability to identify and support profitable traders.
The evolution to vertical integration with Take Profit Trader represents a natural progression from education to capital provision. By combining trader development expertise with direct funding capabilities, the company offers a complete solution for aspiring prop traders.
The stated mission to help traders avoid common pitfalls reflects hard-earned experience in the industry. This focus on education and risk management distinguishes Take Profit Trader from other firms, which may have more complicated evaluation processes, less reliable payouts, or less responsive customer support.
Customer Support and Resources
Take Profit Trader offers 24/7 live chat support staffed by real people rather than automated bots. This commitment to human interaction ensures that traders can get genuine help with platform issues, rule clarifications, and account management questions at any time. The firm is known for its great customer service, with responsive and professional support teams that provide quick problem resolution and create a positive experience for traders.
Educational resources and trader development programs supplement the funding opportunities, recognizing that capital alone isn’t sufficient for trading success. These resources help traders develop the skills and discipline necessary for long-term profitability.
Regulated broker partnerships provide transparency and security for funded traders, particularly those advancing to PRO+ accounts. Working with established, regulated firms adds credibility and protection to the overall trading environment.
The use of CME-approved data providers ensures that all traders experience authentic market conditions rather than simulated or delayed feeds. This commitment to data quality supports fair evaluation and realistic trading experience.
Community support features and trader testimonials create networking opportunities and social proof for prospective traders. Learning from others’ experiences and connecting with fellow traders can significantly improve success rates and trading education.
Competitive Analysis and Market Position
Compared to FTMO and other established prop firms, Take Profit Trader offers several distinct advantages. The single-step evaluation process reduces complexity and time investment compared to multi-phase competitors that may require months to complete.
The faster funding timeline of approximately 5 days contrasts favorably with competitors that may take up to 60 days to complete their evaluation and funding process. This speed advantage allows profitable traders to begin earning real money much more quickly.
Immediate payout advantages over competitors eliminate waiting periods that can create cash flow challenges for traders. While some firms require weeks or months before allowing withdrawals, Take Profit Trader’s day-one availability provides significant practical benefits. Fast payouts and a simple evaluation process matter to traders, no matter their location or trading style, as they enable quicker access to funds and reduce barriers to participation.
The simpler evaluation process reduces psychological pressure and allows traders to focus on demonstrating their skills rather than navigating complex rule sets. This streamlined approach may contribute to higher success rates among qualified candidates.
With a 4.3-star average rating on Trustpilot based on over 4,500 reviews, Take Profit Trader has established strong customer satisfaction metrics. These ratings provide social proof and indicate generally positive experiences among users.
Getting Started with Take Profit Trader
Account selection should be based on your current skill level and capital goals rather than simply choosing the largest available size. New traders often benefit from starting with smaller accounts to gain experience with the platform and rules before scaling up.
The registration process involves creating an account on the official website, selecting your preferred account size, and completing the initial setup requirements. The process is designed to be straightforward and can typically be completed within a few minutes. As part of the onboarding experience, take profit trader’s evaluation process ensures that traders understand the payout structure and risk management rules from the start.
Platform installation and configuration support is provided by Take Profit Trader’s technical team, ensuring that traders can focus on trading rather than troubleshooting software issues. This technical support extends throughout the evaluation and funded phases.
Evaluation strategy recommendations include focusing on consistency over large gains, maintaining detailed trading records, and strictly adhering to risk management rules. Success in the evaluation phase often comes from disciplined execution rather than exceptional returns.
Available promotional codes and discounts can significantly reduce the cost of evaluation, with the current 40% lifetime discount representing substantial savings for new traders. These promotions make the program more accessible and reduce the financial barrier to entry.
The official TakeProfitTrader website provides comprehensive information about current offers, account options, and registration procedures. Prospective traders should visit the site directly to ensure they receive the most current pricing and promotional opportunities.
Summary
Take Profit Trader represents a compelling option for futures traders seeking access to substantial trading capital without personal financial risk. Their streamlined evaluation process, competitive profit splits, and immediate payout capabilities address many of the common concerns traders have about prop trading firms.
The combination of professional-grade technology, comprehensive support, and flexible account options creates an environment where skilled traders can thrive. Whether you’re looking to supplement existing trading income or transition to full-time prop trading, Take Profit Trader provides the tools and capital necessary for success in today’s futures markets.
For traders ready to take the next step in their trading career, visiting the official Take Profit Trader website provides access to current promotions and account options. With their proven track record and trader-focused approach, Take Profit Trader continues to establish itself as a leader in the futures prop trading space.
FAQs
Is Take Profit Trader legitimate and regulated?
Take Profit Trader operates as a legitimate prop trading firm with partnerships with regulated brokers for live trading execution. While the company itself may not be directly regulated as a broker, their use of regulated partners for actual market execution provides appropriate oversight and protection.
What’s the difference between simulated and live trading environments?
PRO accounts operate in simulated environments where trades are matched against real market data but don’t directly impact markets. PRO+ accounts execute live trades through regulated brokers, providing actual market participation while maintaining the capital protection benefits of prop trading.
Are there special promotions available for new traders?
Take Profit Trader frequently offers promotional discounts, with the current 40% lifetime discount representing one of their most significant offers. Prospective traders should check the official website for current promotions and consider joining their email list for exclusive opportunities.
