TakeProfitTrader Reviews

Take Profit Trader catches a lot of attention in the futures prop firm space, and it is easy to see why. The most appealing aspect of their service is the payout structure. Unlike many competitors that force you to wait weeks, Take Profit Trader allows you to withdraw your earnings right from day one of your funded account. They offer high payouts with a very generous profit split and zero maximum withdrawal caps, meaning if you perform well, you can scale up your income rapidly. This level of liquidity is a massive benefit for successful day traders who need regular access to their capital. However, the major issues begin once you transition from the evaluation phase to the funded PRO account. During the test, they use an end of day trailing drawdown, which is fair and manageable. But once you pass, the rule switches to an intraday trailing drawdown. This is a brutal shift. The drawdown trails your peak balance in real time, locking in your unrealized gains. If you are up on a trade and it pulls back before you close it, your minimum balance moves up anyway, suffocating your room to breathe. This structural hurdle trips up countless disciplined traders and aggressively increases your chances of account liquidation. Compounding this frustration is their enforcement policy. The firm relies on highly controversial automated flags, specifically ridiculous spoofing warnings and abrupt terminations for alleged order book manipulation. Manual traders who use simple limit orders or scale into positions are frequently targeted with these automated notices, often without any real human review or technical proof provided. This overzealous monitoring makes trading feel incredibly paranoid, as an innocent execution error can cost you your account. In conclusion, Take Profit Trader offers brilliant payout potential, but the strict intraday trailing drawdown on funded accounts and the absurd algorithmic spoofing warnings make it a highly risky partnership.

Overall good prop firm to scale. I used this prop firm to get my first daily payout despite having trailing drawdown

I have been funded a couple times with TPT. Have not request a payout for my own reasons - blown account when over the buffer due not sticking to personal rules. Whether trading it on Tradovate or Ninja Trader it's fairly easy to setup once your purchase. One of the perks I like about TPT is the opportunity for daily payout. The downsize of the evaluation process is actually 5 trading days even if you have successfully hit the required target price. Usually get new account when they run their promos with the no activation fees.

The payout process with TPT is really just like having a live account once you are over the buffer. Being able to request daily and no consistency rule is incredible if you are able to make it past the buffer. Note that drawdown moves to intraday in Pro account, and I like that they are now more transparent about that with an email specifically noting that once you move to Pro.

TPT is a good firm for experienced traders. There rules are hard to pass and get a payout but if you can get to that point then daily payouts are great. Best live account in the industry and can be scaled so easily if you know what you are doing. I would recommend this firm to traders who have gotten at least 10 payouts with other firms.

Take Profit Trader is one of my favorite futures prop firms. Their Pro+ account offers excellent trading flexibility, with no payout cap, daily payout eligibility, no consistency rule, and no daily loss limit. These features make it a great option for traders looking for long-term growth and consistent payouts. The main drawback is that the standard Pro account uses an intraday trailing drawdown, which can be challenging to manage. Another area that could be improved is customer support. Response times are not always up to expectations, and the firm does not have an official Discord server for faster community support and communication. Overall, Take Profit Trader is a very good futures prop firm, especially for traders focused on long-term consistency and scaling their accounts.

Great prop firm! TPT 50k rules are straightforward, and the scaling plan is fair. Execution is smooth, and payouts are fast. Highly recommend!

Love daily payouts! Needs help with customer service but still a great firm. Highly recommended would put them in second for me

Take Profit Trader is a well known firm, it is the face of daily payouts. Their whole motto is to allow people to withdraw their profit whenever they want, which is what makes them so good. The two downsides I can point out with this firm is that their support is notoriously slow and the accounts have live trailing drawdown instead of EOD trailing drawdown, which most people are not used to. Other than that, I think they are a great choice if you know what you're doing.

This is the closest thing to real trading ive experienced, simply ge above the buffer, and anything you make after the is all yours that same afternoon. There is not a firm I could recommend more than this, it's truly liberating to trade knowing hat your daily effort is rewarded and you don't have to work around a 5 day period etc, it's really rewarding to know that if you take a good trade today you get paid today. I can't recommend this firm enough. It'a a slow period passing the accounts in 5 days, but those 5 days will go away regardless, so just do it, it's worth it.