% Discount:
TakeProfitTrader
|
CEO |
Country |
Trust Pilot |
Date of creation |
Years |
|
James Sixsmith |
🇺🇸 United States |
⭐ 4.4 |
March 2021 |
4 years |
Take Profit Trader Programs and Evaluation Accounts
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Details of the Take Profit Trader company
In the dynamic world of futures trading, Take Profit Trader is positioned as an evaluation and financing firm designed to promote the development of professional traders.
Through a transparent and structured model, it offers the opportunity to trade with financed capital, promoting responsible risk management and consistent performance.
Its comprehensive approach combines advanced technology, clear rules, and competitive conditions, creating an optimal environment for traders to demonstrate their skill, discipline, and strategy in global financial markets.
Overview of Take Profit Trader
Broker:
Platforms:
Payment methods
Payment methods when buying:
Withdrawal methods:
Supported markets
Markets
Leverage Table
Maximum Contracts Allowed per Account Size
| Account Size | Maximum Contracts | Maximum Micros |
|---|---|---|
| $25,000 | Up to 3 | Up to 30 |
| $50,000 | Up to 6 | Up to 60 |
| $75,000 | Up to 9 | Up to 90 |
| $100,000 | Up to 12 | Up to 120 |
| $150,000 | Up to 15 | Up to 150 |
💲 Commissions
💹 Futures
The commission structure at Take Profit Trader has been designed to be transparent, competitive, and understandable for all traders, with no hidden or unexpected costs.
Standard contracts: A commission of $5 per contract is charged for each complete round trip trade, which means it covers both the opening and closing of the position.
Micro Contracts: For those who prefer to trade with lower exposure, the fee is $0.50 per contract, per round trip.
📊 Consistency Rules
Consistency is a fundamental element in Take Profit Trader’s assessment, because it shows the order and sustainability of each participant’s trading style.
⏳ Minimum trading days
To complete the trial period, traders must trade for at least 5 days. The purpose of this measure is to ensure that results are not subject to a single day of trading, but rather show stable long-term performance.
📈 50% Consistency Rule
During the evaluation period, no single trading day may exceed 50% of total accumulated profits. The purpose is to demonstrate that the account can be increased progressively and with a robust strategy, without relying on a single exceptional day.
✅ Exception for Pro and Pro+ accounts
The consistency rule does not apply to Pro and Pro+ accounts. This provides more flexibility to traders who have passed the trial phase and are advancing to more developed stages of their career in the program.
📑 Take Profit Trader Rules
📰 Trading during news events
Trading during news events is a fundamental component of Take Profit Trader operations, although its management is subject to the account type and trader status.
⚡ During the evaluation stage
Trading during news events is permitted without restrictions, allowing for the evaluation of the trader’s responsiveness to market changes.
🔒 On Pro and Pro+ accounts
News trading is limited to 1 minute before and after the news, with the aim of reducing the risks associated with sudden changes in volatility.
📌 Main events allowed
FOMC Meeting Minutes and Announcements, published on Wednesdays at 2:00 PM ET.
Trading is allowed while Fed members are speaking.
Non-Farm Payroll “NFP,” published on Fridays at 8:30 AM ET, once a month.
Consumer Price Index “CPI,” a key inflation indicator.
❌ Events that are prohibited for some instruments
Some events have particular limitations depending on the instrument:
Crude Oil Inventories: Trading crude oil is prohibited.
Bond Auctions: Trading 10-Year Notes and 30-Year Bonds is also prohibited.
Expert Advisors and Copy Trading
Expert Advisors EAs: The use of automated trading systems that execute transactions without human intervention is not permitted.
Copy Trading: Yes, it is permitted. This means that a trader has the possibility to automatically replicate trades, as long as they are between their own accounts.
📉 Drawdown Management
Drawdown is the largest amount of money that can be lost in an account before it becomes inactive. The calculation method varies depending on the phase and type of account:
🧪 During evaluation:
Drawdown is calculated at the end of the day, at exactly 5:00 p.m. «Eastern Time». In other words, your losses are reviewed once the trading day has ended.
🏢 On the Pro account:
Here, the calculation is intraday, which means that the loss limit is adjusted in real time according to your floating gains or losses.
In addition, once the evaluation is complete, you can reactivate your Pro account up to three times, allowing you to continue trading without starting from scratch.
🌟 Pro+ Account
In this account, drawdown is calculated at the end of the day, just like in the trial stage. Its biggest advantage is total freedom to trade: there are no payment limits, consistency rules, or daily loss restrictions. There is also no “buffer” zone before limits are triggered. In addition, you can copy trade up to five accounts simultaneously, and you keep 90% of the profits.
🔹 Important Notice
- For all accounts, drawdown stops when it reaches the initial account balance, ensuring that no more money is lost than was initially available.
💸 Take Profit Trader Payment Policy
The account type and level achieved within the program determine how and when you can withdraw your profits.
🏢 PRO Account
Profits are divided 80% for the trader and 20% for the company. From day one with your PRO account, you can request withdrawals, even from profits within the buffer zone or maximum drawdown limit. However, if you are within that zone, the withdrawal can only be processed once the account is closed or terminated.
To upgrade to a PRO+ account, you need to earn $10,000 in a single day or demonstrate consistent profitability.
🌟 PRO+ Account
Here, the distribution improves: 90% for the trader and 10% for the company. With this account, you can withdraw funds directly, as there is no buffer zone. In addition, you trade on the real market, without simulations or copying other traders’ trades.
🌍 Restricted Countries
🇱🇷 Liberia, 🇹🇲 Turkmenistan, 🇵🇬 Papua New Guinea, 🇱🇦 Laos, 🇵🇦 Panama, 🇲🇪 Montenegro, 🇳🇦 Namibia, 🇧🇪 Belgium, 🇰🇵 North Korea, 🇲🇦 Morocco, 🇫🇲 Micronesia, 🇸🇮 Slovenia, 🇧🇼 Botswana, 🇧🇿 Belize, 🇲🇺 Mauritius, 🇨🇩 Democratic Republic of the Congo, 🇦🇫 Afghanistan, 🇵🇭 Philippines, 🇰🇿 Kazakhstan, 🇯🇴 Jordan, 🇮🇷 Iran, 🇳🇵 Nepal, 🇸🇹 Sao Tome and Principe, 🇸🇴 Somalia, 🇦🇱 Albania, 🇳🇬 Nigeria, 🇹🇹 Trinidad and Tobago, 🇲🇹 Malta, 🇷🇺 Russia, 🇹🇬 Togo, 🇧🇬 Bulgaria, 🇪🇹 Ethiopia, 🇬🇦 Gabon, 🇭🇹 Haiti, 🇬🇲 Gambia, 🇲🇲 Myanmar «Burma», 🇨🇺 Cuba, 🇲🇿 Mozambique, 🇲🇱 Mali, 🇨🇴 Colombia, 🇰🇪 Kenya, 🇲🇼 Malawi, 🇷🇼 Rwanda, 🇬🇭 Ghana, 🇹🇿 Tanzania, 🇧🇫 Burkina Faso, 🇦🇴 Angola, 🇸🇾 Syria, 🇲🇦 Morocco, 🇲🇩 Moldova, 🇲🇳 Mongolia, 🇨🇾 Cyprus, 🇹🇱 Timor-Leste, 🇰🇮 Kiribati, 🇧🇦 Bosnia and Herzegovina, 🇧🇯 Benin, 🇦🇱 Albania, 🇬🇮 Gibraltar, 🇲🇷 Mauritania, 🇨🇻 Cape Verde, 🇷🇸 Serbia, 🇧🇭 Bahrain, 🇮🇶 Iraq, 🇱🇸 Lesotho, 🇧🇩 Bangladesh, 🇳🇮 Nicaragua, 🇰🇼 Kuwait, 🇹🇳 Tunisia, 🇲🇷 Mauritania, 🇵🇰 Pakistan, 🇯🇲 Jamaica, 🇫🇯 Fiji, 🇬🇳 Guinea, 🇱🇧 Lebanon, 🇹🇴 Tonga, 🇹🇳 Tunisia, 🇿🇦 South Africa, 🇦🇪 United Arab Emirates, 🇵🇦 Panama