bestpropfirm.today
Account

Take Profit Trader

Its futures rules
Payout score
Show the maths

How this score is worked out

Conditions on a payout
20 / 25

9 published rules can delay, reduce or void a payout.

Profit split
13 / 20

80% to the trader, rising to 90%.

Time to the first payout
10 / 20

0 days after the first trade. Profit is held behind a buffer before any of it can be withdrawn.

Who pays to move the money
6 / 15

The trader pays — $50 on wallet withdrawals of $250 or less; free above $250. PayPal may add its own fees (stated on the site as 2.99% of the payment amount, but may fluctuate)..

Review signal
20 / 20

4.4 from 10,659 reviews.

Total
69 / 100

This score is about getting paid, not about trading rules. It is never averaged into the Freedom Score: a firm can have the most generous rules on the board and still be the hardest place to get money out of.

  1. How much do I keep?rising to 90% through the scaling plan80–90%
    Source
    “In the PRO account, the profit split is 80/20, where the trader keeps 80% of the profits.”
    PRO Account Profit Split Withdrawal Rules
  2. How long until I am paid?Two hops: PRO account to wallet takes roughly 24 business…Not published
    Source
    “There’s no withdrawal restrictions on your profits above the buffer. No minimum amount of profitable days you need to trade, no maximum amount you can withdraw, and no waiting for some random “payout window”.”
    takeprofittrader.com
  3. What does it cost to get it?$50 on wallet withdrawals of $250 or less; free above $250. PayPal may add…You pay
    Source
    “If you request a withdrawal of $250 or less from your wallet, you will be charged a $50 withdrawal fee. This fee will be deducted automatically when you make your request. If you select PayPal as the payout option, additional fees might get applied to the withdrawals by PayPal.”
    Withdrawal Fees
  4. What could stop the money?buffer zone must be cleared, weekly trading requirement, and 7 more9 rules
    Source
    “A trader may withdraw profits inside of the buffer zone, however, this action can only be performed once the account has been terminated. The profit split is determined by the length of time the PRO account was traded on.”
    PRO Account Profit Split Withdrawal Rules

Best thing about it. The split rises to 90% through the scaling plan

Worst thing about it. The trader pays to receive it — $50 on wallet withdrawals of $250 or less; free above $250. PayPal may add its own fees (stated on the site as 2.99% of the payment amount, but may fluctuate).

Work out what you would actually receive

Be aware

Of the 9 payout conditions Take Profit Trader publishes, these can cost you money or your account.

  • Can end the accountBuffer zone must be cleared

    Profits below the buffer (= max drawdown) are locked. They can only be taken out after the PRO account has been terminated, and then at 50% if the account was open 60 trading days or less.

    Triggering this closes the account rather than delaying a payout.

    Source
    “A trader may withdraw profits inside of the buffer zone, however, this action can only be performed once the account has been terminated. The profit split is determined by the length of time the PRO account was traded on.”
    PRO Account Profit Split Withdrawal Rules
  • Can take profit you already madeIntraday trailing drawdown liquidates instantly

    The PRO drawdown trails on unrealized as well as realized peaks; touching the minimum account balance at any moment liquidates the account immediately, forfeiting whatever was not yet withdrawn.

    Profit you have already made is taken back rather than paid.

    Source
    “Account Liquidation If your account balance drops to the Minimum Account Balance at any time — through realized or unrealized losses — the account is immediately liquidated.”
    PRO Account Rules
  • Left to the firm's discretionA funded account is simulated

    Test and PRO accounts are simulated (orders stay inside Rithmic/Tradovate's internal system); PRO+ is a live-market account routed to the exchange by Tradovate, with $0 margin, and the trader is then classified as a professional. The upgrade to PRO+ is by emailed invitation only, at Take Profit Trader's sole discretion. Payouts on PRO come from collected test fees, tech fees and shared PRO+ profits.

    You are paid on results in a simulator, not on trades placed in the market.

    Source
    “Yes, all PRO accounts are simulated (SIM). Your orders will not go to the exchange, but they are still sent to our providers (Rithmic, Tradovate) who handle the orders.”
    takeprofittrader.com

The evidence

everything above, with the wording it came from

Caps on a single payout

No maximum withdrawal amount on either PRO or PRO+.

Source
“Maximum withdrawal amount - Unlike other firms who limit the amount you’re able to withdraw, there is NO maximum withdrawal amount at TakeProfit.”
takeprofittrader.com

The rest of the terms

FrequencyDay one and on demand — withdrawals can be requested from the first day of a PRO or PRO+ account, with no payout window.
Processing timeTwo hops: PRO account to wallet takes roughly 24 business hours to review; wallet to bank is approved in up to 12 business hours, then Plaid pays in real time (a couple of minutes, sometimes 1-2 business days), and Wise/PayPal within 12 business hours.
MinimumNot published
MethodsPlaid (US bank accounts, automated), PayPal (international), Wise (international)
BufferApplies
Live or simulatedTest and PRO accounts are simulated (orders stay inside Rithmic/Tradovate's internal system); PRO+ is a live-market account routed to the exchange by Tradovate, with $0 margin, and the trader is then classified as a professional. The upgrade to PRO+ is by emailed invitation only, at Take Profit Trader's sole discretion. Payouts on PRO come from collected test fees, tech fees and shared PRO+ profits.
VerificationMandatory identity verification for every new registrant before becoming a customer, with manual review in some cases. Separately, a signed US tax form is required before any withdrawal can be processed.
Fee refundNot published

Every condition · 9

  1. 1Buffer zone must be cleared. Profits below the buffer (= max drawdown) are locked. They can only be taken out after the PRO account has been terminated, and then at 50% if the account was open 60 trading days or less. source

  2. 2Weekly trading requirement. The PRO account must be traded at least one day per calendar week (a day with at least one round-trip on a permitted instrument) or it is closed for 'squatting'. source

  3. 3No open positions during prohibited news. All PRO accounts must be flat with no open orders one minute before, during and one minute after FOMC statements, NFP and CPI; plus Crude Oil Inventories (crude) and Bond Auctions (10-Year Note, 30-Year Bond). source

  4. 4No trading bots or algos. All trades must be executed manually; automated or bot trading of any kind is banned. source

  5. 5No counter positions. Opposing open positions in the same or closely related products are banned across Test, PRO and PRO+ accounts. source

  6. 6Price limit up/down liquidation. Holding a position when a CME daily price limit is hit costs the PRO account outright. source

  7. 7Tax form required before any withdrawal. All PRO users and affiliates must complete and sign the required US tax form before a withdrawal can be processed. source

  8. 8Overdue subscription blocks the move to PRO. Passing the test with an unpaid subscription balance means the account never becomes a PRO account — and therefore never becomes payable. source

  9. 9Intraday trailing drawdown liquidates instantly. The PRO drawdown trails on unrealized as well as realized peaks; touching the minimum account balance at any moment liquidates the account immediately, forfeiting whatever was not yet withdrawn. source