TakeProfitTrader Reviews

So far, my experience with TakeProfitTrader has been good. The only thing I’m not a fan of is the trailing drawdown on funded accounts, but other than that, everything has been fine. I haven’t received any payouts from them yet, so I’ll update this review once I’ve gone through the payout process.

If you are looking for a daily payout, TakeProfit Trader is the propfirm to go! But be aware, they have rules related to news and if you break this rule, your account is failed. No open position 1min after and before important news!!! Also remember that the Pro account is intraday trailling drawdown!!! To be able to payout, you will need to build a buffer equal to 100$+max drawdown! Customer care of this firm needs to be improved as they are slow to answer and their answers look more robotic! They have a minimum of 5 days of trading to pass their eval so trade this account like a normal funded account, no need to rush to get the profit in 1 day! And remember to close all trades before 5PM EST each day as they will breach your account otherwise! Globally a really good firm but lot of improvement required. - News trading would need to be revised - The intraday trailling drawdown system is opsolete - The 5 days min trading should be in % around 40% my suggestion

I really enjoyed my experience with Take Profit Trader with their $50k test account. The one step eval has a profit target of $3000 and an end of day trailing drawdown of $2000. It is the EOD rule that I like the most which means your drawdown is only calculated at the end of the day at the market close based upon your closing equity. Intraday volatility won't destroy you as long as you're able to come back by the bell, so that's why I was able to swing trade without looking at the ticker every second. The number of days that you need to trade in order to pass the eval is not specified, but you must have 5 separate trading days, and 50% consistency rule means that your best day can't be more than 50% of your total profit. I really enjoyed that rule, as it made me trade instead of just going on one lucky shot. It was about $170/month (no time limit) and the best part of it was that you could use a promo code (NOFEE30 or NOFEE50) DEPENDING ON THE SALE , to get rid of the $130 activation fee altogether, which saved me a nice chunk. The funded account will still have the $2000 drawdown, but will change to intraday tracking, and your floor will increase in real time as you make your unrealized gains. Profit split is fairly and equally 80/20. It was smooth sailing to fund and EOD drawdown which made all the difference for my style, Overall Take Profit Trader. Definitely recommend them.

Take Profit Trader has honestly been one of the smoother prop firm experiences I’ve had. Their live funded program seems to be one of the best in the game right now, and I love the option for daily payouts, no maximum withdrawal limits, and the ability to have 5 different live accounts. Another big plus is there’s rarely any drama associated with the firm, which says a lot in the prop industry. The Pro resets are attractive, but they’re definitely expensive. I’m also not a huge fan of the 80/20 profit split, the 5-day evaluation period, the news trading rule, or the switch to an intraday drawdown once you pass the evaluation phase. That said, the platform still feels geared more toward actual traders instead of trying to catch people on technicalities, and overall I’d definitely continue using TPT.

Take profit trader has been my most profitable firm that I’ve used. Once you get over the intraday trailing drawdown, you get to withdraw everything above the buffer. Their customer service is not great. I’ve waited over 8 hours for a response sometimes. Sometimes when you purchase or reset accounts, the order will just be stuck in pending until a rep fixes it. They also have issues with delayed data sometimes at the beginning of the month so you’re unable to trade. Outside of those issues, it’s a great firm.

An excellent financing company with fast payments, a good platform, and excellent customer service. An excellent financing company with fast payments, a good platform, and excellent customer service.

Very well priced. But eval phase takes too long! That good use some work. Also, their dashboard needs to be updated too. You don't have access to a lot of features there.

Amazing firm, offering daily payouts with upto 10K a day which is the highest offered by any prop firm in daily payouts especially, can get a payout day 1 of being funded, Very straight forward rules , customer support is a little slow and payouts are smooth but take some time compared to other firms out there, rules are unique and not offered by any other props in terms of their daily payouts and big caps. definitely reccmmend the firm is also one of the top firms in the prop firm space. Prices are competitive and they run regular discounts. The 25K is the best rules in terms of any prop firm with a 1:1 drawdown and profit target which is not offered by any other prop.

Take profit trader has changed my life forever with their daily payouts. I’ve been in hard times multiple times in my life and was able to get out of it because of their daily payouts. Getting over the trialing drawdown buffer is extremely difficult but once you get over it you need to do everything in your power to keep your account.

I've enjoyed trading with Take Profit Trader. The payouts have been smooth and consistently reliable, and the platform is straightforward to navigate. The support team can sometimes take longer than expected to respond, but overall the experience has been good and I'd consider using them again.