TakeProfit Trader logo

TakeProfit Trader

VerifiedFast PayoutsDay One PayoutsNo Daily Loss LimitFastest Payouts
United States
CEO: James Sixsmith
4.4(7,908 reviews)

TakeProfit Trader is a futures prop firm founded by James Sixsmith, distinguishing itself with a 'trader-first' approach that includes immediate withdrawals (Day One Payouts) and the removal of Daily Loss Limits. While evaluations feature a favorable End-of-Day drawdown, the funded 'PRO' accounts transition to an Intraday Trailing Drawdown.

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Overview

Profit Split
80%

Trader's share

Max Funding
$750k

Capital allowance

Payouts
On Demand (Daily)

Payout frequency

Established
2021

Year founded

Max Accounts
5

Accounts allowed

Trading Platforms

NinjaTraderNinjaTrader
TradingViewTradingView
TradovateTradovate
QuantowerQuantower
RithmicRithmic

Tradable Assets

Futures

Payment Methods

Credit CardDebit Card

Payout Methods

PlaidPayPalWise

Support & Contact

Key Features

Daily Payouts
Yes
1-Day Pass
No
KYC Required
Yes
VPN Allowed
No
DCA Allowed
Yes
Micro-scalping
Yes
Bots Allowed
No

Market Position

How TakeProfit Trader compares to 15 other firms

True Cost (40% off)

Good value ($90)

80th percentile
Profit Split

Below average (bottom 80%)

20th percentile
Max Funding

Average funding capacity

53th percentile
Trust Rating

Below average rating

17th percentile
Experience

Established (5 years)

75th percentile

Account Pricing

Test Plan
Challenge
Target
$1,500
Drawdown
$1,500
Daily Loss
ActivationFree
$150$90-40%
Get Funded
Challenge
Target
$3,000
Drawdown
$2,000
Daily Loss
ActivationFree
$170$102-40%
Get Funded
Challenge
Target
$4,500
Drawdown
$2,500
Daily Loss
ActivationFree
$245$147-40%
Get Funded
Challenge
Target
$6,000
Drawdown
$3,000
Daily Loss
ActivationFree
$330$198-40%
Get Funded
Challenge
Target
$9,000
Drawdown
$4,500
Daily Loss
ActivationFree
$360$216-40%
Get Funded

Trading Analytics

Cost Calculator

Calculate your breakeven and ROI

$100$5,000
True Cost

$150

Price + activation fee

Breakeven

1 trades

At $500/trade

First Payout

$-150

Max $0 payout

ROI

-100%

On first payout

Insight: With $500 profit per winning trade, you need 1 winning trades to recover your $150 investment.

Risk-Reward Profile

How aggressive are the trading requirements?

moderate
ConservativeModerateAggressive
Low RiskHigh Risk

6.0%

Profit Target

6.0%

Max Drawdown

1.00

Risk/Reward

What this means: Balanced risk profile with 6.0% profit target against 6.0% max drawdown. Suitable for most traders.

Trading Rules

Trading Permissions

News Trading
Weekend Holding
EA / Bots
Scalping
Micro-scalping
Copy Trading
HFT
Hedging
Scaling
Min. Trading Days
5
Max Inactivity
7d
News Blackout
±1m

Evaluation Guidelines

Evaluation (Test) Overview

Evaluation Type

1-Step Evaluation.

Account Sizes

25K, 50K, 75K, 100K, 150K.

General Trading Rules

Minimum Trading Days

5 Trading Days required to pass.

Drawdown Policy

End-of-Day (EOD) Trailing Drawdown during the Test phase. The drawdown trails your end-of-day balance until it reaches the starting balance.

Daily Loss Limit

None. (Removed as of late 2024/2025).

Consistency Rule

50% Consistency Rule applies during the evaluation: No single day's profit can exceed 50% of your total profit.

Trading Hours

Positions must be closed by 4:59 PM ET.

News Trading

Allowed during evaluation (Test) accounts.

Hard Breach Rules

Evaluation fails if the Maximum Loss Limit is breached.

Phase Transition

What changes from Evaluation to Funded

112
Conditions are similar between phases

Profit Target

No profit target in funded phase - trade freely!

$1,500None

Consistency Rule

Consistency rule changes: None

50% RuleNone

Drawdown Type

Drawdown type changes from End of Day to Intraday

End of DayIntraday

Restricted Countries

TakeProfit Trader is not available in 110 countries

Traders from these countries cannot participate in evaluations

AfghanistanAlbaniaAlgeriaAngolaBarbadosBelarusBelizeBeninBosnia and HerzegovinaBotswanaBulgariaBurkina FasoBurundiCameroonCape VerdeChadChristmas IslandCocos (Keeling) IslandsComorosCongoCook IslandsCroatiaCubaDemocratic Republic of CongoDjiboutiDominicaEast Timor (Timor-Leste)Equatorial GuineaEritreaEthiopiaFalkland Islands (Malvinas)FijiGabonGambiaGhana+GibraltarGuineaGuinea-BissauGuyanaHaitiHeard and McDonald IslandsIranIraqIvory CoastJamaicaJordanKazakhstanKenyaKiribatiKosovoLao People's Democratic RepublicLebanonLesothoLiberiaLibyaMalawiMaliMaltaMauritaniaMauritiusMayotteMicronesiaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorthern Mariana IslandsPakistanPalestinian TerritoriesPanamaPapua New GuineaPhilippinesQatarRomaniaRussiaRwandaSaint Vincent and the GrenadinesSao Tome and PrincipeSenegalSerbiaSeychellesSierra LeoneSloveniaSomaliaSouth AfricaSouth Georgia & South Sandwich IslandsSouth SudanSri LankaSudanSurinameSvalbard and Jan Mayen IslandsSyriaUkraineVenezuelaVietnamWestern SaharaYemenZambiaZimbabwe

This list may change. Please verify eligibility directly with TakeProfit Trader before purchasing.

Trust & Track Record

Credibility indicators for TakeProfit Trader

Trust Score

100

Excellent

5+

Years Active

United States

Headquarters

James Sixsmith

CEO / Founder

4.4

7,908 reviews

Trust Indicators

5/5 criteria met

Established Business

5+ years

Verified Reviews

7,908 reviews

High Rating

4.4/5

Leadership Transparency

James Sixsmith

Multi-channel Support

4 channels

View all reviews on Trustpilot

Reviews & Verdict

The Upside

What we love

Day One Payouts

  • Withdraw profits immediately from your PRO account without waiting periods (once buffer is met).

No Daily Loss Limit

  • Evaluated and PRO accounts no longer have a daily loss limit, allowing for greater intraday flexibility.

End-of-Day Drawdown (Eval)

  • The evaluation phase features an End-of-Day drawdown, which is friendlier than intraday trailing models.

Simple Rules

  • No consistency rule on funded accounts and a straightforward 1-step evaluation process.

Fast Processing

  • Payouts via Plaid, PayPal, or Wise are typically processed within 24 hours.

The Downside

Room for improvement

Drawdown Switch

  • Crucially, the drawdown type switches from End-of-Day (Eval) to Intraday Trailing (PRO). This catches many traders off guard.

Buffer Requirement

  • PRO accounts require you to build a 'buffer' (equal to the drawdown amount) before you can withdraw profits. You can only withdraw funds *above* this buffer.

Activation Fee

  • A one-time activation fee ($130) applies when moving to the PRO account (activation fees are waived during the promotion period).

News Restrictions

  • PRO accounts have strict restrictions on trading 1 minute before/after Tier 1 news events.
4.4/ 5.0

Trustpilot Verified(7,908 reviews)

Rating based on verified customer reviews on Trustpilot.

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No user reviews yet. Be the first to share your experience!

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Frequently Asked Questions

Is TakeProfit Trader a legitimate prop firm?

Yes, TakeProfit Trader is a legitimate prop trading firm established in 2021. It has a Trustpilot rating of 4.4/5 and is based in United States.

What is the profit split at TakeProfit Trader?

TakeProfit Trader offers a profit split up to 80%. This is competitive within the industry.

Does TakeProfit Trader allow scalping and news trading?

Scalping is allowed. News trading is allowed during the evaluation phase.

What platforms can I use with TakeProfit Trader?

TakeProfit Trader supports the following trading platforms: NinjaTrader, TradingView, Tradovate, Quantower, Rithmic.

Is there a discount code for TakeProfit Trader?

Yes, you can use the code "LUMI" to get 40% off.

When can I withdraw my profits?

Payouts are processed On Demand (Daily). TakeProfit Trader offers 'Day One Payouts,' allowing traders to withdraw profits immediately once they have a PRO account and meet the buffer requirement. There is no waiting period. The profit split is 80/20 for PRO accounts and 90/10 for PRO+ accounts. Withdrawals are processed via Plaid (US), PayPal, or Wise.

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