About TakeProfit Trader
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More info TakeProfit Trader
Customer Reviews (2453)
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3 years ago
Rosalinda Franecki
I can’t say anything negative about this company. The communication and the staff have been truly remarkable. In my opinion, it stands out as one of the best futures prop firms available.
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3 years ago
Rosalee Padberg
Upon learning that I wasn’t able to utilize my own Ninja license, I was pleasantly surprised when they promptly refunded the fee I had paid. I appreciate that gesture.
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3 years ago
Demarco Walker
Five stars across the board! Everything from the CQG data feed to the use of NinjaTrader and Tradovate was seamless. The signup process was quick and easy, and I had my live account set up in under 20 minutes. A big thank you to the team at Take Profit. I’m excited for what’s ahead in our trading journey!
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3 years ago
Arch Conroy
The firm truly delivers on its promises! Everything they commit to, they follow through with. It’s refreshing to see such reliability in the trading world. Their integrity is commendable, and they stand by their word. It’s impressive how they maintain transparency while executing their strategies. Overall, I’m very pleased with their performance and the experience they provide.
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3 years ago
Jackie Johnston
The support here is excellent! I recently enrolled in an evaluation, but I was a bit confused about the licensing for NinjaTrader. It turns out that you can’t link your personal lifetime license to Tradovate for trading. To utilize NinjaTrader as your platform, you must use their specific license. This means you won’t have access to the features of your own lifetime NinjaTrader license if you go this route. Fortunately, they quickly processed my refund.
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3 years ago
Maynard O'Kon
I began my trading journey with a $50,000 evaluation on December 29, 2022, and successfully completed it by January 20, 2023. Over the weekend, I noticed no updates on my dashboard, which prompted me to contact customer support for clarification. They promptly investigated the issue, and I subsequently received an email inviting me to accept the Pro Account. As part of their promotional offer, the Pro Account fee was conveniently credited to my wallet, so I didn’t have to pay out of my own pocket. Additionally, the initial subscription fee I paid was refunded to the card I used. All in all, this has been a wonderful experience, and I am eager to start trading with the Pro Account.
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3 years ago
Maegan Kreiger
I previously held a PRO account with TakeProfit, so this is my second experience with the company. This time around, I switched from Rithmic to CDG/Tradovate.
One thing I’ve observed is that while the consistency rule is still an important factor, there seems to be a bit more flexibility with it now.
The $0 cost evaluation is fantastic! I received a refund for my subscription, and they also credited the one-time setup fee back to my wallet.
Speaking of wallets, the feature remains extremely beneficial for any funded trader. The convenience it provides is truly commendable. Big thanks to James and the team! I’m excited to continue my journey with this impressive firm. Cheers to that!
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3 years ago
Mavis Walker
The evaluation rules are quite strong, and the customer support is truly commendable. I’ve found that navigating the requirements isn’t too complicated, which is a big plus. Whenever I’ve had questions, the support team has been responsive and helpful, making the process smoother. Overall, it’s a solid experience, especially for those who are new to trading.
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3 years ago
Emanuel Sipes
I’ve been with Takeprofittrader since October 2022 and have had quite the journey. I’ve been funded, faced setbacks with a couple of accounts, but was back funded again. I genuinely believe they’re among the top proprietary trading firms out there. Their customer service stands out for its speed and responsiveness; the chat feature makes the experience even more pleasant. Recently, they’ve rolled out some fantastic deals and giveaways, which is a great strategy to keep us traders engaged.
Takeprofittrader’s recent addition of CQG was a significant plus for me, as I prefer trading in Tradovate over Ninja. It’s clear that the owner and the team are dedicated to continually improving their services. One of the few firms that allows resets on live accounts, it’s a bit pricey but well worth it.
There are a few areas where I think Takeprofittrader could enhance their platform:
1. The website needs some improvements—sometimes my daily progress doesn’t update until around 10 PM my time. In contrast, my other prop firm updates instantly, while another does so by 4:30 PM Chicago time.
2. Allowing us to trade news events would be a game-changer; many traders thrive in high volatility. Personally, I love trading around FOMC and CPI releases, and accommodating that would be beneficial for everyone.
3. It would be nice to receive a free reset during the renewal period if we’ve failed or broken a rule.
4. Perhaps allowing traders to keep their first $3,000 to $5,000 in profits could be an attractive option.
5. Offering a swing account would be a fantastic addition. Currently, I’m only aware of one other prop firm that provides that.
Overall, I’m committed to being a customer as long as they don’t change their operations in a way that affects my state. I understand it’s a business and they can’t meet everyone’s needs, but I’m hopeful they’ll consider these suggestions.
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3 years ago
Annalise Brown
I had a really great experience with this firm. The atmosphere is welcoming, and I felt supported throughout the entire process. The education and resources available are top-notch, making it easier to navigate the trading world. I also appreciated how approachable the team was whenever I had questions. Overall, I’d say my time here has been quite positive and definitely worth it.
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3 years ago
Karianne Buckridge
The customer support at Tradovate is commendable. After I registered, I encountered an issue with the platform that prevented me from accessing my charts. Fortunately, Take Profit Trader reached out to Tradovate on my behalf and actively worked to resolve the problem. Throughout the process, their team was not only friendly but also incredibly helpful. Now that everything is sorted and my account is operational, I’m excited to start trading with them!
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3 years ago
Mafalda Borer
Update comments:
I was told to address the issue of awaiting replies, but I see things are functioning now, even though I still haven’t received any responses. It seems like all you need to do is manage the manual bracket order yourself.
They also provided a credit voucher to help reset my account.
Customer service is quite slow; in fact, they tend to work at a sluggish pace.
I genuinely appreciate it. I’ve finally upgraded my rating to three stars.
Added comments:
Honestly, I feel scammed. No one has resolved the issue yet. Their customer service is the worst I’ve experienced.
It’s just a waste of both time and energy. There seems to be no solution for the technical problems I’m facing. They advised me to reach out to TradingView. I can’t believe it—I’m using their firm’s system, not my personal account.
All they said was to wait. That’s about it.
I was really excited about their offers and payout rules.
Yet, I’m feeling quite let down by their support and technical assistance.
Their platform isn’t well managed. You can’t execute bracket orders properly. I followed up with customer service, and while they were polite, the solution hasn’t been resolved. I used TradingView, but they lack a system for placing bracket orders. If you attempt it, another trade opens automatically. This situation has become incredibly frustrating—it’s wasted both my time and money, ultimately leading to significant losses in my account.
This company needs to take the issue seriously; otherwise, traders like me who prefer TradingView won’t continue or rebuild their trust in this firm.
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3 years ago
Fiona Morar
I successfully completed the evaluation during their promotional period for a complimentary pro account, and they promptly refunded my evaluation fee.
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3 years ago
Aryanna Kertzmann
I had a really straightforward and enjoyable experience. It was surprisingly smooth, and I appreciate how everything went. Thanks!
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3 years ago
Austin Jenkins
This is my second go at the $100,000 pro account. I ended up losing the first funded account because I struggled with the real-time trailing stop—it just didn’t work for me when I had unrealized profits.
When I noticed the promotion for the free pro account, I jumped at the chance because I was confident I could pass the evaluation. Just today, I got funded! I received a reimbursement for the evaluation fee, and I wasn’t charged a setup fee for the pro account, which I genuinely appreciate. Kudos to Take Profit Trader for upholding their promises!
That said, I’ve hit a snag. Unlike Rithmic, Tradovate doesn’t show me my real-time peak account balance along with the corresponding trailing stop. I’m currently waiting for support to address this issue. Without this information, it’s tough for me to trade effectively, especially considering my past failure. I need to be cautious until I build up to a $3,000 profit.
I’m hoping they fix this soon as I work on passing that $3,000 reserve threshold, where dollar trailing stops are put in place.
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3 years ago
Wade Schaden
Having traded for quite a while and experienced multiple firms, I can confidently say that TakeProfit stands out as the finest. After successfully completing their evaluation, I withdrew funds, and they were in my bank account in just 48 hours. The customer service team is consistently available and ready to assist.
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3 years ago
Lexus Friesen
This company truly stands out, particularly in terms of customer service. The representatives are consistently accessible, demonstrating a helpful and friendly demeanor. I’ve already shared my positive experience with several friends. As for the products, they are straightforward and free from any gimmicks, which is a huge plus! My only concern revolves around the reset fees for pro accounts; they seem a bit steep. I believe it would be fair for existing customers to have the option to transition to the new product without incurring those costs.
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3 years ago
Flossie Ritchie
There’s definitely room for improvement here, especially when it comes to the monthly subscription fee. If an account is in drawdown, it would be quite equitable to allow a free reset rather than charging the usual fee. It just seems fair to me. That said, overall, this firm has its merits. I’m hopeful that Take Profit will consider this suggestion and implement a more trader-friendly policy.
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3 years ago
Phoebe Mitchell
This program is truly outstanding. I would say it’s the best I’ve come across. Thank you for creating such a remarkable experience!
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3 years ago
Irma Schinner
I’ve only tried this prop firm so far, but I’m genuinely impressed with what they provide. Their customer service is fantastic, which really stands out to me. Plus, I’m excited about the recent announcement of their improved trading platform. I’ll definitely share more once I successfully pass my challenge and receive a payout.
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3 years ago
Karlee Smitham
The criteria set by this proprietary trading firm leave much to be desired for traders. It often feels like a trap rather than a supportive environment. Additionally, the fees are quite steep, which adds to the frustration. Overall, this platform does not seem like a good choice for trading.
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3 years ago
Wade Simonis
Absolutely a stellar proprietary trading firm with exceptional support. The assistance I received was top-notch, making my trading experience much smoother. They really prioritize their traders and seem genuinely invested in helping them succeed. Overall, I highly recommend this firm for anyone looking to enhance their trading journey.
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3 years ago
Verlie Lebsack
The fee of $1,499 for resetting a funded account of $150,000 is simply outrageous. When you compare this to other trading firms, it feels downright exploitative. The founder claims to prioritize helping traders achieve independence, yet the constant changes to the rules governing funded accounts seem designed to set you up for failure. There’s no option for multiple accounts to help spread risk, and the live trailing drawdown, which is typically offered on funded accounts, adds another layer of pressure. It appears they profit solely from the fees they impose while masking their motives under the guise of supporting traders. I would consider returning if they made their fees more reasonable and revised their funded account policies. For now, I’ll be seeking opportunities with firms that demonstrate a more equitable approach.
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3 years ago
Susana Macejkovic
The rules are pretty decent, and that 50% discount is definitely a plus. However, what I really appreciate is the payout structure—it’s fantastic! There’s no need to wait for months to get your earnings. One thing I’d love to see, though, is the integration of TradingView and Tradovate, similar to what some of the newer firms are doing.
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3 years ago
Joany Senger
I really can’t stand this firm; it feels like a scam. Seriously, you should be careful and not get caught in their trap.
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3 years ago
Yasmine Koelpin
Considering that this proprietary trading firm was launched less than a year ago, they have quickly established themselves as one of my top three choices for trading. Like any company, they show both strengths and weaknesses, but TPT certainly stands out in several aspects. What I particularly appreciate about them is how straightforward their evaluations are, along with realistic rules and remarkably fast payouts. In my experience, they appear to offer some of the quickest payouts among funded accounts in the futures trading arena. Moreover, their marketing emails resonate well; they come across as authentic, crafted by individuals who truly understand the field. However, one area I wish they would reconsider is the evaluation process, which is end-of-day (EOD) based, while their funded Pro accounts utilize intraday drawdown. This creates a bit of a challenge for those of us who prefer holding longer trades. Overall, my experience has been very positive, and I look forward to seeing how they continue to expand and enhance their offerings.
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3 years ago
Norbert Kirlin
Customer service at this firm is quite commendable. Whether you’re reaching out via email or utilizing the web chat, the representatives are consistently polite and eager to assist with any inquiries you may have.
In terms of processes, they are straightforward, allowing for a swift transition to either a test or a pro account. However, one aspect I find troubling is the intraday unrealized profit drawdown. It feels somewhat excessive and seems designed to complicate the journey to achieving a Pro Account.
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3 years ago
Hershel Sporer
This company truly stands out, offering excellent customer service that leaves no room for complaints. They deliver on all their promises, making them a reliable choice for traders. Overall, I’m really impressed with what they provide.
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3 years ago
Heaven Christiansen
Take Profit Trader presents itself as a highly organized entity. From their user-friendly website to responsive customer service, I find them entirely dependable. I’m excited about the prospect of a long-term partnership and look forward to significant withdrawals in the future. I genuinely feel confident entrusting my trading endeavors to this group.
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3 years ago
Danial Moen
I must say, the customer service team really leaves much to be desired—it’s just plain unfriendly. I can’t remember the exact dates of my last interactions, but I believe you can easily look them up using my email address.
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3 years ago
Kaitlyn McLaughlin
The customer service team is prompt in their responses and incredibly helpful. It’s impressive how swiftly they address inquiries and provide assistance. Whether you have a simple question or need more detailed support, they are always ready to lend a hand. This level of responsiveness really stands out and enhances the overall experience with the firm.
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3 years ago
Graciela Hayes
While I haven’t seen any profits just yet, my experience with Take Profit has been quite positive. The process has been seamless so far. I’m really looking forward to the day I finally get to a funded account.
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3 years ago
Donny Little
The evaluation process shouldn’t be overly expensive, and it definitely needs to be more practical. Daily drawdowns seem excessive and can be quite challenging for traders.
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3 years ago
Casimir Olson
The customer service truly goes above and beyond. I’ve had nothing but positive experiences with every interaction I’ve had!
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3 years ago
Noemy Weber
They really need to reconsider the rules outlined below; honestly, even their 50% off offer wasn’t enough to entice me to give them another shot.
First off, there’s the consistency requirement where you’re obligated to trade a minimum of 10 days, with each trade lasting at least one minute in the instrument you passed with. So, if you passed by trading the NQ, you can’t just enter a micro position for a single tick; they refer to that as gaming the system, and it’s a no-go.
Another aspect of the consistency rule is the profit limit, which caps at 50% of the highest day’s earnings. In my view, OneUp Trader has the most reasonable policy in this regard — if you’re going to set a profit limit, consider their method. They require that the sum of your next three best trading days after your highest must equal at least 80% of that peak day. So, for example, if you made $1,000 on your best day, the total of your next three best days must add up to at least $800.
Assuming you make it through the evaluation, you then face restrictions on the funded account. For starters, you can’t execute more than 50 transactions, and there’s a ban on news trading. Furthermore, the end-of-day trailing drawdown has been shifted to an intraday drawdown. On the upside, it seems like there’s no added scaling requirement, which is a positive note.
UPDATE: As of February 14, 2023
I’m giving them the same rating after trying again during their 40% discount sale that included a free funded/refund offer. Turns out it’s either a free funded account or a refund — not both. After four days of dealing with a Tradovate issue, they finally responded, claiming there was no problem. I even submitted several videos to illustrate the issue, but moving on.Also, that one-minute rule can significantly impact your trading if you’re a price action trader. There was a day I wasn’t particularly keen on trading, but I felt the pressure to ensure I had at least one one-minute trade in the instrument I passed with (I focus on the NQ) just to keep my day count valid. Given all this, I’m officially stepping away until that rule gets changed. The 50-trade limit would be another hurdle for me, primarily because my goal would be to take withdrawals. If you’re mostly a scalper or a price action trader in quicker markets, one minute can feel like an eternity to be in a trade.
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3 years ago
Jamison Streich
The Good: One-time funding fee. No ongoing costs for funded accounts. Flexible withdrawal policies.
The Bad: The $1,100 daily drawdown on the $50,000 account, plus similar restrictions on other account sizes, is a dealbreaker. This daily drawdown doesn’t just apply to evaluation accounts but also extends to funded accounts. For instance, if you manage to grow a $50,000 funded account to $60,000 and then incur a $1,100 loss on a trade, you’re wiped out entirely. This is really the only significant drawback I’ve found with Take Profit. Unfortunately, I’ve had to look for another company. If they were to eliminate the daily drawdowns on both evaluation and funded accounts, I would certainly consider returning.
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3 years ago
Cecile Ritchie
Everything about TPT is exceptional. The support team responds swiftly to any inquiries, which is a big plus. However, as someone new to trading, I find that managing an account with TPT while still honing my skills might not be the wisest choice. The monthly fees are a bit steep for my budget, even with discounts. It can take time for someone to really get the hang of trading, and the larger accounts are necessary for accommodating bigger drawdowns. Otherwise, the volatility can wipe you out repeatedly, leading to a frustrating cycle of resets. That’s why I decided to go with another platform that fits my budget for the next six months; it still allows for a significant drawdown while I’m learning. If you’re already a seasoned trader or can comfortably handle the monthly costs, TPT is definitely the place to be. I’ll certainly return in the future.
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3 years ago
Hassan Schmeler
I find the EOD trailing drawdown during the evaluation phase quite frustrating. Later, I was surprised to encounter a trailing intraday drawdown once I became funded. It’s really disappointing to deal with two different types of restrictions in such a short span of time.
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3 years ago
Mozell Breitenberg
I can definitely recommend this trading firm, even though I don’t yet have a pro account—I believe my dream will soon become a reality. The firm’s rules aren’t designed to hinder anyone; they’re there to prevent situations like the one I faced with my demo account, where I lost money right after high-impact data releases.
I do wish that the trade limit could be higher than the current cap of 50 trades. I’ve seen skilled traders manage up to 150 trades, while others only take about five. It seems reasonable to think that the limit should be greater than 50.
Moreover, TradingView stands out with its exceptional charting systems, which are priced at $15 monthly and offer the ability to trade directly on their platform. They facilitate trading across various brokers, while platforms like NinjaTrader and Rhythmic don’t provide effective news flow and lack the user-friendly experience along with a comprehensive set of indicators. I’m hopeful that TradingView will soon be available as a trading platform option.
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3 years ago
Isidro Renner
Take Profit Trader stands out as an impressive proprietary trading firm. One of the things I really appreciate are the frequent specials they offer. Their customer support is top-notch—always responsive and helpful, which makes a significant difference in my trading experience. Efficiency seems to be a core principle for them, and it certainly shows in how they operate.
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3 years ago
Chandler Little
I found the experience to be rather disappointing and the costs to be excessively high.
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3 years ago
Pascale Bechtelar
My time with Take Profit has been remarkably positive, even though I haven’t yet passed the test account. The rules set by Take Profit have been a significant help in managing my risk and keeping me focused. It’s important to understand that trading doesn’t yield overnight success or quick riches. However, I genuinely believe I will be profitable soon, thanks to TPT. With the right risk management and a strong determination, you can achieve that too. I truly appreciate Take Profit, as I likely would have lost tens of thousands by now without their guidance. They mitigate that risk while I focus on developing my skills.
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3 years ago
Alf Emmerich
I emailed them about my charting problem, but I haven’t heard back at all. It’s pretty frustrating not getting any response. I expected a quicker reply, especially given their reputation.
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3 years ago
Reba Glover
The opportunity to secure funding with this proprietary trading firm is decent, though there are some limitations. One significant drawback is the lack of multiple funded account options. Even a couple of accounts would be a welcome addition.
In my experience, I encountered some challenges during the evaluation process. On one occasion, I hit the profit target well ahead of the 10-day window. However, a frustrating rule states that a position must be held for at least one minute for it to be considered a trading day. This requirement caused my balance to dip below the profit target, ultimately leading to the loss of my account. It’s disappointing that such a minor rule could derail my progress.
Additionally, I found the evaluation structure misleading. While they advertise it as a single evaluation, it feels more like two. During the evaluation, there’s an end-of-day drawdown, but once you are funded, you face an unrealized profit trailing threshold until your balance exceeds the trailing threshold by $100. This inconsistency makes it difficult to trade in the same manner as during the evaluation phase. If they could align the rules and maintain the end-of-day drawdown throughout the funded account, I would definitely consider returning to this firm.
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3 years ago
Vito Bins
This is a fantastic funding firm that I would definitely recommend. I’ve been using their services personally, and many fellow traders I know also rely on them. So far, I haven’t encountered any issues at all.
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3 years ago
Kennedy Lueilwitz
The rules here are fairly easy to follow, especially when you compare them to other firms in the industry. However, I do find their pricing a bit steep.
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3 years ago
Gerry Dare
The platform stands out with its exceptional customer service. It’s truly impressive how responsive and helpful the support team is. Navigating the system is straightforward, making it accessible for both newcomers and seasoned traders alike. Overall, I’ve had a fantastic experience, and the efficiency of the service adds significant value to the trading experience.
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3 years ago
Kallie Bayer
The customer service at TPT is impressively quick. They really grasp the nuances of trading, which is a major advantage for traders like me who manually scalp the ES. I’ve posed a number of questions, and their detailed answers have given me a lot of confidence in using TPT for my funded trader account requirements. Plus, the rules are favorable, and the payout structure is robust!
Greg O.
Honey Brook, PA -
3 years ago
Danny Emard
Signing up was incredibly straightforward; the entire process was a breeze. I received my credentials without any hassle. Although I haven’t passed yet, I expect to do so in a matter of days, and I’ll update my payout method once I have more information. This firm offers impressive free technology, particularly with tools like QuantTower and NinjaTrader 8!
Camille Nicolas
PROS:
– There’s no cost associated with the evaluation phase; the fee gets refunded upon passing the challenge.
– The evaluation format is straightforward, consisting of just one phase with a 7-day period to meet a 6% profit target. They also offer integrations with Tradovate and TradingView CQG, which is a nice touch.
– They provide a quick refund for the evaluation fee, and the onboarding process is handled smoothly using SignNow. Additionally, they waive the $130 PRO account setup fee if you pass the evaluation.
CONS:
– The dashboard leaves much to be desired. It shows important metrics like daily P&L, daily loss limits, and drawdown, but it’s clunky, inaccurate, and slow to refresh. Currently, TPT recommends that traders monitor their drawdown, auto-liquidation levels, and daily loss limits directly through Tradovate instead.
– Customer support is also an area that needs improvement. Responses aren’t organized neatly under numbered support tickets, which makes tracking communication cumbersome. Instead, they come through multiple chats and email threads.
MY ISSUE:
I faced a liquidation of my PRO account due to a breach in drawdown. This was calculated intraday, which brought my account to $4,500 below the highest unrealized gain, instead of being $4,500 below the previous day’s closing balance of realized gains on evaluation accounts. I’ve had my share of account blows before, so I can accept my part in it. However, the dashboard’s unreliability and my Tradovate login being blocked left me asking for a record of my equity and unrealized gain curve. I honestly don’t recall it being as high as TPT indicated. Unfortunately, customer service couldn’t—or perhaps wouldn’t—provide this information. While I’m owning my mistake, it doesn’t inspire confidence when account liquidations happen without a transparent disclosure of the crucial metrics involved. It’s a bit like getting a speeding ticket without the officer showing you how fast you were really going.
I’d be willing to revisit my review and raise my rating should my issue be resolved satisfactorily, along with improvements to the dashboard and customer support workflow.
02/01/23 – I raised my rating from one star to three stars after receiving a quick response from TPT. While I’m still waiting on the unrealized gain data, I recognize that it’s Tradovate’s responsibility to provide that. I’ll continue to update this post as I see further improvements.