Take Profit Trade

Cost

$150-$360

Instruments

Futures

Free Platforms

TradingView, Tradovate, NinjaTrader, Quantower, R | Trader

Minimum Trading Days

Minimum Days Until First Withdrawal

Highlights

No minimum days until first withdrawal, Immediate withdrawal process, Pro account resets (up to 3), One-time pro account fee / no monthly fee, Live support 11 hours per day

Take Profit Trade is a one-step, no-nonsense funding company. Our system and process will allow you to achieve your potential as a trader. Our platform is free of any frills or gimmicks and simplifies the process of making sustainable profits with Take Profit Trader capital.

Take Profit Trader Overview

Take Profit Trader, not to be confused with “take profit order,” was started by a guy named James Sixsmith. James is a retired ice hockey player who started trading during his career to have more control over his financial future. As with any new trader, James initially lost nearly $150K; however, being an athlete helped him not quit and continue powering through the learning pains.

By learning how to trade and manage the emotions that go into trading, Mr. Sixsmith realized that he was not the only one who struggled with this at first while trading. Because of this realization, James started a Trade Context where he taught new and experienced traders by simplifying trading chaos.

Take Profit Trader was started as a platform with everything any trader would need to get funded and learn the ins and outs of trading. James is a strong believer in free quality education and now is including courses that used to be paid courses under Trade Context into Take Profit Trader free of charge.

Take Profit Trader rules are easy to follow as they are straightforward. However, the programs are not set up to have the traders hit reset marks and bank on that. This is one of the biggest separators of Take Profit Trader from its competitors.

How Take Profit Trader Works

The Take Profit Trader funding program model is straightforward and consists of 4 parts:

Choose the asset class that you would like your evaluation to be in. This could be either Futures or Stocks. Once chosen, you must determine the capital size you would like to manage and register for the program. Ideally, this would be chosen based on the skills and experience that are under your belt.
The next step is proof of your ability to trade. You will need to show Take Profit Trader that you are a solid trader, and that’s where the rules come in. It would help if you reached the profit target while staying within the daily loss limit and drawdown. Once you prove your skills by following the rules set by Take Profit Trader, you become a qualified funded trader.
Funded Trader account going live. Once you become a funded trader, your account becomes active, and you can start trading for real money immediately. Take Profit Trader signals that you should be fine with passing your evaluation and becoming a funded trader.
You are making withdrawals from your funded trader account with Take Profit Trader. Many prop firms love to take your money quickly, but when it comes to withdrawals, they tend to drag their feet. Take Profit Trader seems to understand the urgency of traders to withdraw money and promises to process withdrawals faster than the competitors. You get to keep 80% of all of the profits that you make.

Take Profit Trader Programs

Asset Class Choices

Currently, Take Profit Trader asset classes only consists of Futures. The prop firm has Stocks, Forex, and Crypto marked as “coming soon…” Following Take Profit Trader programs will be exciting to see how the company grows into other asset classes and what additional features it will provide for its traders.

Account Sizes and Pricing

This section will be updated once Take Profit Trader gets into more asset classes. But for right now, the company is offering the following account sizes, which I found to be fairly common with other funded futures trader programs:

$25K account
$50K account
$75K account
$100K account
$150K account

EOD Trailing Drawdown

$4500

Take Profit Trader Connectivity Options

There are over 30 trading platforms that are available for you to connect to. Regarding data feeds, Take Profit Trader recommends using CQG Data Feed over Rithmic Data Feed. Below let me go over the platforms that are available with each of the data feeds.

CQG Data Feed:

NinjaTrader
TradingView
Tradovate

Rithmic Data Feed:

R-Trader
Quantower
Motivewave
Bookmap
Agena
Sierra Chart Trading and Charting
Multi Charts
Jigsaw Trading
Order Flow Trading
eSignal
Investor RT
Trade Navigator
VolFix.net
Photon Trader
OScalp
Atas

CQG Data Feed Set Up

It is worth mentioning about working with CQG Data Feed is that you must first log in to Tradovate to sign the market data agreements. The login information for your Tradovate account will be located inside the Take Profit Trader platform upon signing up for a test account.

Remember that once you open Tradovate for the first time to sign the agreement, you will have the option to select if you are signing up for a Professional or Non-professional account. Please sign up for the Non-professional account to avoid any issues.

Once you sign up, you can use charting software such as NinjaTrader, TradingView, or Tradovate. Your live market data feed should become available to you within 5 minutes.

Important Information for Using Rithmic Data Feed With Take Profit Trader

Before your trading test begins, you must download R Trader Pro from Rithmic. This will allow you to sign the market data agreements. If R Trader Pro is not installed on your computer, you must download it from the Rithmic website.

After you download R Trader Pro and install it, you will be asked to sign two mandatory agreements:

Rithmic, LLC Market Data Subscription Agreement
Rithmic, LLC Market Data Self-Certification

After signing both, you must select the “Non-Professional” option and hit Submit. Again, it would help if you took the time to read the agreements you are signing before agreeing to them.

Review & Ratings

Trustpilot

Online Prop Trading: 4.7

Facebook: 4.7

“Take Profit Trader is a great funding company. Fast and friendly customer service, many easy evaluation systems to choose from and quick payouts on funded accounts. Highly recommend!”

“Used alot of funding programs and this one by far the best in customer service, requirements to hit numbers and most of all the time to get the money in the bank. If you are looking for an amazing company that make the experience for the traders for the traders and not give you a disadvantage these guys are ahead of other companies by far. Only thing is a slight higher account fee but that only matters if you fail alot of accounts. But if you are an experience trader and have a system you don’t have to worry about loosing your own money and get your money by the end of the first pro trading day.”

“Excellent customer service and response! Take profit trader doesn’t lag on questions with response time, their challenges so far have been straightforward and the knowledge database makes it very easy to understand the rules! Other prop firms I’ve used in the past have these EXTREMELY long rule books with hidden rules and it’s a pain.So far nothing but a great experience with TPT!”

“It is the best Prop trading firm Ever for futures Traders like myself. I recently took my first payout. They are insanely fast. It took less than 24 hours to get the money in my bank. They have excellent payout policies and rules for long-term partnerships. I highly recommend it for traders who want to play it big, especially since the Pro Plus accounts are worth it. I see myself with this firm for years to come. They have the best customer support team that I have ever worked with. They are responsive and very fast.”