About TakeProfit Trader
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More info TakeProfit Trader
Customer Reviews (2453)
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1 year ago
Sabrina Beer
I didn’t violate any rules, yet my pro account ended up getting deactivated. It’s frustrating, really. I was charged $130, but strangely enough, there was no account created in the system.
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1 year ago
Odie Braun
Take Profit is a solid proprietary trading firm, but it does come with some drawbacks. One of the main issues is the high cost associated with resetting funded accounts, especially considering they have an intraday trailing drawdown. Given the success rates of traders in such accounts, these reset prices seem rather unreasonable. It raises questions about the overall value of the service when you factor in these expenses.
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1 year ago
George Nicolas
I initially thought that Take Profit would be a solid choice for my trading activities, but after several months of experience, I’ve come to believe they’re intentionally setting me up for failure. Each time I purchase a $150,000 account, they allege that I’ve left a trade open beyond the designated trading hours.
But here’s the thing: if I actually left a trade open, how come my account balance remains unchanged since my last trade? Normally, I would have either gained or lost money if a position was left open for the entire day. Yet, my balance stays exactly the same as when I exited.
I tried to give them the benefit of the doubt the first time they made this claim, but after the second instance, it was clear to me that there was no truth to their assertions whatsoever.
I strongly advise against investing your money with Take Profit Trader. If you’re an experienced trader with a good grasp of risk management who doesn’t consistently blow accounts, they will likely accuse you of having left a trade open beyond the cutoff, effectively disabling your account and pushing you to reset or repurchase. It gives off serious scam vibes.
I’m done with them and plan to revert to Topstep or trade with my own funds.
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1 year ago
Eldridge Johnston
I recently secured a funded account with Take Profit, and I can hardly contain my excitement as I begin this journey toward my first payout! Their customer service is outstanding, and I really appreciate their day-one funded account setup. After having successfully passed two accounts with them, I’ve come to admire their straightforward and clear rules. It’s evident that they are steadily making a name for themselves in the proprietary trading firm landscape.
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1 year ago
Zander Larson
This firm is fantastic! I’ve been trading with them for nearly a year now, and I must say, their customer support is outstanding!
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1 year ago
German Eichmann
Whenever I have a question, their response time is impressively quick. They get straight to the point, which I appreciate. Overall, their customer service is outstanding.
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1 year ago
Stella Maggio
The customer service here is truly exceptional, and the setup process is incredibly quick. In my opinion, they stand out as one of the best firms in the industry!
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1 year ago
Columbus Langworth
The reset fee stands at $649 for a $50,000 account.
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1 year ago
Yesenia Jerde
TakeProfitTrader has been incredibly supportive whenever I’ve encountered issues, addressing them promptly and to the best of their abilities. I genuinely appreciate the assistance I’ve received from Arthur, though I must also acknowledge many others who have been equally helpful. Their payout terms are excellent, and the customer service is truly unmatched. I would wholeheartedly recommend them to anyone seeking a reputable proprietary trading firm.
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1 year ago
Delfina Klocko
Take Profit has provided me with a fantastic experience overall, especially when it comes to their customer service. Whenever I face an obstacle or have a question, their response is always quick and helpful. However, one feedback I’d like to share is the need for a $300,000 account option. That would really elevate the experience! 🚀💪💪💪🤫
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1 year ago
Era Stamm
This firm really stands out in the futures trading space. I’ve had nothing but good experiences here. Their approach is professional, and they offer excellent support for traders. It’s definitely one of the leading proprietary trading firms out there. Overall, I’m quite impressed with what they provide.
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1 year ago
Jules Cassin
This firm seems to have some rather outrageous, hidden rules that set it apart from other proprietary trading firms. Honestly, any other prop firm on the market is more reputable than this one. It feels predatory to keep credit cards on file for the sole purpose of resetting blown accounts. While it’s understandable that a firm wouldn’t let a trader with a live account who engages in poor trading practices keep trading, this company allows those who have blown their accounts to automatically renew subscriptions, essentially enabling their bad habits while benefiting financially from it.
If you’re considering your options, I strongly advise steering clear of this particular prop firm. I’d recommend checking out alternatives like TheFundedTrader, where their fees are far more reasonable and they don’t exploit customers with constant subscriptions and reset fees. Plus, the customer service here is virtually non-existent; their “live chat” seems more like a barrier designed to push you toward email contact for any support you might need. This alone should be a glaring warning sign to stay away. Honestly, I would gladly foot the bill for anyone’s account at a more trustworthy prop firm, just to prevent others from falling victim to this company’s practices. They really need to reassess their priorities and start treating their clients better instead of focusing on profit. Overall, this company has been a terrible experience.
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1 year ago
Deon Simonis
1) Trading with Take Profit Trader presents significant challenges, particularly regarding the Daily Max Loss Limit. You can’t truly access the full $50,000 drawdown; for instance, if you incur a $400 loss on a single NQ contract, you’re left with only $700 in wiggle room. Two trades later, and you’re out. This setup can put psychological pressure on traders because it feels impossible to recover. If you hit a two-out-of-three losing streak, your account’s essentially done. The actual drawdown isn’t $2,000; it’s closer to $1,100. It might be best to focus on trading micros with TPT.
2) The reset fee for a Pro Account at $50,000 is currently set at $650, and for larger accounts—like the $75,000 and $100,000 accounts—you can expect to pay even more. For example, after passing the evaluation and receiving your Pro Account, let’s say you make $2,000 on your first day but then lose $1,100 the next. You might think that’s okay because you’re still ahead, but if you break a trading rule, your account disappears, and you forfeit 50% of that balance, regardless of how you accessed your drawdown initially.
3) It seems they prioritize new customers over existing ones. When I first opened my Pro Account and experienced a rule violation—guess which one—they sent me a discount code to restart my account. Since then, though, I haven’t seen that same offer. Right now, there’s a 50% discount on evaluations and resets, but the codes aren’t applicable to already existing Pro Accounts. I find it more appealing to spend $325 on a new evaluation rather than $87 just to reset. Despite the firm’s rising popularity, it doesn’t incentivize its established traders. So, don’t get your hopes up; I currently have four Pro Accounts.
4) The recent changes to the End-of-Day evaluation and trailing Pro Account policies are designed in a way that can lead to slip-ups. The Daily Loss Limit imposes strict rules: you can’t hold trades, no matter how much profit you’ve made. If the account dips to $1,100 on a $50,000 account, it’s game over, and you’ll lose half of your funds.
5) I’ve encountered discrepancies between TPT’s Dashboard and Tradovate. When I reached out to Tradovate, they provided me with the correct information. TPT acknowledged the error and granted me additional drawdown, but directing customers to Tradovate as if they’re responsible for the account setup reflects poor customer service.
6) If you’re trading with TPT, I recommend focusing on micros. Market volatility can be swift, allowing you to be up $4,000 in profits—but a market pullback can swing your earnings down to $2,900. That situation could result in a rule violation, and if you withdraw that $2,900 before the 30 or 60 days expire, they’ll take half of it!
For those considering a $50,000 account, I’d suggest looking into MFF’s Expert account for $165 total with no activation fee, or Apex’s $50,000 account, especially since they have ongoing promotions that can reduce the total activation cost to around $120.
In summary, I would strongly advise against TPT.
If I were trading TPT, I’d set up NinjaTrader to integrate my trades from TopStep, Apex, or MFF. This way, I could have NinjaTrader and Replikanto copy my trades in micro form at a higher ratio—perhaps 1:4 or 1:5 (Mini:Micro)—to avoid exceeding my actual drawdown of $1,100.
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1 year ago
Zola Beer
I’ve had a positive experience with Take Profit Trader so far. Their evaluation rules are pretty straightforward, which I really appreciate. Plus, the customer service team is top-notch—A1, for sure. I’m definitely looking forward to continuing my journey with them.
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1 year ago
Ralph Schultz
This firm really stands out, offering exceptional support that goes above and beyond. The team is genuinely helpful and always ready to assist, making the overall experience quite positive. It’s clear that they value their traders and are invested in helping them succeed. Overall, a fantastic company with a strong support system in place!
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1 year ago
Vincenza Price
I really appreciate how quickly they get things done around here. The service is impressively fast, making it easy to stay on top of everything. Knowing that support is just a message away and so responsive is a big plus. Honestly, it makes a real difference in the overall experience!
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1 year ago
Alfonso Schmitt
I must say, I’ve been quite impressed with TakeProfitTrader. Their promotions stack up well against those of other proprietary trading firms, but what really sets them apart is their remarkable customer service. TPT is incredibly responsive and consistently offers thorough answers to inquiries. Additionally, their evaluation criteria are pretty much on par with industry norms.
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1 year ago
Cordelia Beier
I’ve had the opportunity to work with three different proprietary trading firms, and each has its own set of pros and cons. However, TPT stands out to me for several compelling reasons. Here are the key points that make TPT my preferred choice:
– Monthly promotions are a real highlight; they change regularly, but I always find them beneficial.
– The reset and activation fees are notably lower compared to other firms I’ve encountered.
– Day-one withdrawals are a breeze; I can easily manage these transactions without assistance.
– The customer service is exceptional! They respond quickly and handle every request with impressive efficiency. This aspect truly distinguishes TPT from others.
– I also appreciate the daily emails that focus on the psychological side of trading. They are genuinely motivating.I can’t recommend this firm highly enough!
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1 year ago
Ella Dietrich
They funded me with a PRO account in just one day, and I was really satisfied with the process. It was impressively quick and efficient, which is something I truly appreciate in a trading firm. Overall, my experience was positive, and I’m glad I made the choice to work with them.
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1 year ago
Ruthe Friesen
TPT has truly been the best proprietary trading firm for me. I have an abundance of positive things to share about my experience. The team here is simply outstanding.
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1 year ago
Harmony Bayer
I managed to pass my $150K account in just six trading days, thanks to a solid strategy, patience, and discipline. Throughout my trading experience, I faced no significant issues. I made the switch from Forex to futures, and what I enjoy most is the fact that there are no spreads involved. Trying out Take Profit Trader has been a positive experience thus far. I’m optimistic that my funded account won’t present any problems, especially if I stick to the rules, which are quite straightforward. If there’s a failure, it’s usually due to either your strategy or over-leveraging.
I also want to express my gratitude to Take Profit Trader for the discount code “NOFEE40.” It’s fantastic to avoid the activation fee, and I’d be interested in taking on more challenges if that offer returns.
One downside, though, is the trailing drawdown—it’s not ideal, but it caps at $150K. You’ll need to maintain a buffer of around $4,500, but I can handle that without much trouble.
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1 year ago
Bethany Runolfsdottir
Upon requesting a full refund for my unused account, I was surprised to find that $75 had been deducted from my refund. They claimed this was due to “account setup fees and market data fees” that had already been paid on my behalf.
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1 year ago
Arlo Beatty
My experience with TakeProfitTrader has been really positive up to this point. Whenever I’ve encountered any issues, their customer service team has always sorted them out in under a day. Plus, if I have questions, I can expect a reply in less than 24 hours too. The rules are clear-cut, and overall, they offer an outstanding trading experience.
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1 year ago
Princess Greenfelder
This company is the real deal. You can trust that they operate with integrity and professionalism. It’s refreshing to see a firm that truly values its clients. Overall, I had a great experience working with them, and I believe they set a high standard in the industry.
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1 year ago
Paxton Feest
The customer service here is truly commendable. They consistently go above and beyond to address inquiries and resolve issues. It’s refreshing to see a firm that genuinely values its clients, ensuring a positive experience every time. Overall, this aspect of their business really stands out and plays a significant role in their reputation.
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1 year ago
Eliane Torp
I had a fantastic experience overall. The payout came through right away, which was impressive. Plus, I can’t say enough about their customer service; it’s truly excellent.
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1 year ago
Reese Bailey
Swift and smooth,
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1 year ago
Deja Rowe
The customer service here is outstanding, and the pricing for test accounts and resets is quite fair. For anyone who trades regularly, this is definitely the place to be.
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1 year ago
Carmelo Jones
Working with this company has been an incredible experience. Their pricing is transparent, and unlike many other firms, there’s no drama about delayed payouts. What you make is what you get, and you receive it right away. It’s refreshing to find a trading firm that operates like this.
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1 year ago
Otho Schinner
Good day,
The evaluation kicks off as EOD, but once you succeed, it unexpectedly shifts to trailing. I felt misled about how the program operated, and I was informed that the details were buried in the fine print. Unfortunately, I ended up losing my account. Customer support was of no assistance, which is why I’m sharing my experience to warn others. It just seems unfair to start someone with an EOD account and then transition to live trailing, making it significantly tougher to succeed. Plus, offering Pro resets at such a steep price is quite outrageous.
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1 year ago
Dale Mertz
I have been trading with TPT for nearly a year and I can honestly say it’s been a fantastic experience. I’ve received numerous payouts from both my Pro and Pro+ accounts, and they’ve always processed quickly without any issues. The support staff are extremely helpful; they addressed a situation I encountered and communicated effectively every step of the way. So far, this is my favorite proprietary trading firm.
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1 year ago
Rubye Adams
I currently hold a funded trading account with a couple of other proprietary trading firms and have never faced any issues with closing an account—until I decided to try this particular company. You can earn $1,500 on a trade, but the moment that trailing drawdown is triggered, they terminate your account. For instance, if the trailing drawdown is set at $1,000 and you previously made $1,500, you do not get to pocket that $500 profit. It’s quite deceptive and doesn’t hold a candle to firms like Topstep.
In my initial trade, I was up nearly $1,000, but after closing it, I took a reversal trade that unfortunately didn’t pan out. As a result, it wiped out my gains from the first trade and locked me out completely.
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1 year ago
Nathanial Bode
The customer service here is truly outstanding. As a newcomer to futures trading, I had an array of questions, and I found Elizabeth to be incredibly patient and supportive. She guided me through each question with great care.
If you’re looking to get funded, start trading, and ultimately earn some profits, this is undoubtedly the best opportunity available.
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1 year ago
Keshaun Ortiz
Take Profit Trader offers successful traders an excellent chance to access funding and significantly increase their profits. I’m incredibly grateful for the opportunity to work with them, as it’s helping me break free from the constraints of a traditional job. Their same-day payout structure is impressive, and the rules they have in place are designed to support traders like me. This firm is genuinely making a positive impact on my life!
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1 year ago
Annalise Reynolds
This firm stands out as one of the top contenders in the industry. Although I haven’t received funding or any payouts yet, my experience so far has been quite positive. The support provided is exceptional, with prompt assistance whenever it’s needed. Overall, it seems like a solid choice for those looking to thrive in trading.
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1 year ago
Raymundo O'Keefe
I’ve been trading for quite some time, but my experience with this firm was a shock. Within just three hours of starting, they closed my account! There seems to be a flaw either with their platform or the broker. I would strongly advise everyone to steer clear of this company! I expect a refund within 48 hours, or I will have to pursue legal action.
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1 year ago
Cristian Wisozk
I wanted to share my experience with the trading firm, as it’s been quite a journey. I had my evaluation account shut down due to what it claimed were open trades after 5 PM EST. However, I had actually closed all my positions a good 15 minutes before the market closed. Clearly, there had to be some sort of server glitch involved. As a result, I unknowingly violated their rules and ultimately lost my evaluations.
I reached out via online chat support, where I explained the situation. The team promptly looked into my case, and sure enough, they discovered that it was indeed a server issue. They quickly corrected it, provided me with free resets, and also extended my trading days on the new account. This level of support reflects their commitment to their traders. I can honestly say they are an outstanding and ethical company. I wholeheartedly recommend them.
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1 year ago
Abelardo Schuster
I really appreciate your patience, Elizabeth. Your thoroughness has been fantastic. Thank you for taking the time to help me understand everything.
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1 year ago
Colleen Crona
Take Profit is nothing short of a scam—my advice is to steer clear and absolutely avoid saving your card details with them. They will hit you with charges multiple times after they’ve already taken your payment, and it seems they’re set on charging you again three days later. In contrast, TopStep offers outstanding support and has become my sole trading platform. I don’t care about receiving funds on the first day if the support team is slow and ineffective. It makes no difference how quickly they respond if their team is clueless and unable to resolve even basic issues.
If you’re going to reply, at least ensure you’re providing the correct information. Just take a look at the email you sent: it states the renewal is set for 3/22, yet this email outlines a renewal on March 9, 2024, for my $25k Futures account. Your payment information on file will be charged accordingly. If anything’s changed with my billing details, I should be able to update it easily, but your messaging is confusing at best.
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1 year ago
Helen Prosacco
The customer service team here really stands out for their professionalism and helpfulness. They’re not only knowledgeable but also pretty quick when it comes to responding to inquiries and keeping communication flowing.
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1 year ago
Stephon Lind
The customer service provided by this trading firm is quite commendable. I was impressed by how quickly they responded to my inquiries. It’s refreshing to experience such prompt assistance in this industry. Overall, their support really stands out and adds a positive note to my trading experience.
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1 year ago
Aron Von
The challenge itself was quite impressive; however, I ran into an issue when I tried to activate my account. Even after successfully passing the challenge, I found that they were attempting to charge me. This was frustrating because I had used the code that was supposed to waive the activation fee.
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1 year ago
Lexus Trantow
This is without a doubt the best futures prop firm I’ve come across. One of the standout features is the ability to take profits starting from day one, which is just incredible. Plus, the funded reset service really sets them apart, making this my top choice for futures trading. And let’s not forget about their customer support—it’s truly fantastic!
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1 year ago
Freda Heathcote
I’m really pleased to be collaborating with these folks!
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1 year ago
Abe Stamm
Take Profit Trader stands out as one of the top proprietary trading firms for futures trading, and it’s important to share some insights for those considering their services. While I’m not going to detail all their benefits—you can find that information on their website or other reviews—there are some strengths and weaknesses worth mentioning.
One significant concern is regulation. When asked if Take Profit Trader is regulated, the response is rather vague: “The National Futures Association (NFA) nor the CFTC require that Take Profit Trader (or any futures funding firm) be part of any organization.” This lack of a straightforward answer raises a red flag. It suggests that traders are reliant solely on the firm’s ethics, with no external standards to ensure accountability. Furthermore, since you’re not using a real account, it’s unclear how the firm generates funds for payouts. Yes, they collect subscription fees and evaluation fees, but there’s no guarantee that your trading data isn’t being utilized to place trades in real markets or resold as data to third parties. If that’s the case, you might not be getting 90% of the value generated from your trades. Unfortunately, the unregulated nature of this company makes it impossible to confirm such practices.
Another point of concern is the policy around daily drawdowns and account deactivations. Take Profit Trader allows a drawdown of 2.2% based on your account size, which seems reasonable at first glance. However, if you dip below that limit, your account gets deactivated, and you’ll need to pay for another evaluation or reset. This caught me off guard, especially since I’m used to other firms simply suspending trading for the day without full account deactivation. I experienced this personally, and I wouldn’t want others to be blindsided like I was.
Initially, I would have rated this firm five stars, but my concerns regarding the daily drawdown policy lead me to a three-star rating. It should be noted that this regulation issue is a widespread concern in the industry, and Take Profit Trader isn’t the only firm facing this challenge.
I encourage Take Profit Trader to step up as a leader in self-regulation and work towards establishing industry standards for prop trading firms. They’re doing a commendable job otherwise, and I see myself continuing to utilize their services when the need arises.
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1 year ago
Jadyn Rogahn
Why do the folks at Take Profit Trader keep responding to reviews with those same tired phrases? It’s like they’re reading from a script: “We regret that we didn’t meet your expectations! We’re enhancing our policies.” Honestly, it gets old. Just make a genuine change already!
Be wary when dealing with proprietary trading firms that impose a Trailing Max Drawdown based on unrealized profits during the day. This approach tracks a profitable open position, which can make it exceedingly tough for traders to hone their skills or secure funding effectively!
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1 year ago
Rafael Eichmann
TPT stands out as a fantastic firm, known for its incredibly quick payouts and exceptional customer support. I really appreciated the assistance I received from Elizabeth in customer service; she was incredibly helpful in walking me through the steps to activate my Pro account.
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1 year ago
Bryon Zemlak
I had a smooth and seamless experience with the firm. The customer service was really impressive, too—truly top-notch! Everything they promised turned out to be just as they said it would be. Overall, I can’t complain; the whole setup feels reliable and straightforward. It’s refreshing to find a company that delivers on its promises.
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1 year ago
Camilla Johns
I had a fantastic experience with Take Profit Trader. Their platform is user-friendly, making it easy for both beginners and seasoned traders to navigate. The support team is responsive, addressing any questions or concerns promptly. I’ve appreciated the variety of educational resources they provide, which have really helped me sharpen my trading skills. Overall, I would highly recommend Take Profit Trader to anyone interested in proprietary trading. It’s been a rewarding journey so far!
Amani Bins
My experience with TPT has been very positive overall. Although I haven’t seen a payout yet due to some mistakes I made, I can’t praise their customer service enough—it’s definitely impressive. The rules they lay out are straightforward and easy to grasp. If you’re considering joining this proprietary trading firm or any others, make sure to take the time to read the rules carefully. Understanding them fully is essential for knowing exactly what you’re getting into!