Take Profit Trader Review
- Exclusive backtesting system for profits
- Powerful algorithms find optimal entries
- Customizable solutions for diverse markets
- Automated signals increase trading precision
- Comprehensive support ensures trading success
Firm Overview
Take Profit Trader (takeprofittrader.com) was founded in 2021 by James Sixsmith (Orlando, Florida). Sixsmith is a former professional hockey player who became a trader and founded Trade Context in 2015 before launching TPT. Futures-only: CME, CBOT, NYMEX, COMEX products. 1-step evaluation, EOD trailing drawdown. Accounts $25K-$150K. Monthly subscription $150-$360. $130 PRO activation fee (often discounted).
Payout System
Withdraw from day one of your PRO account — one of the fastest payout policies in the industry. Must exceed buffer zone (e.g., $52,000 balance on a $50K account) to withdraw without restrictions. 80/20 split on PRO. Upgrade to PRO+ (requires $5K in profits) for 90/10 split and live execution. Withdrawals over $250 are free; $50 fee applies for amounts $250 or under.
Key Rules
- EOD trailing drawdown — no intraday daily loss limit (removed Jan 2025)
- 50% consistency rule in evaluation: no single day can exceed 50% of total profits
- Max position size strictly enforced (e.g., 6 contracts on $50K)
- No automation/bots permitted
- Close all positions by 4:10 PM ET
- Minimum 1 trade per week to keep funded account active
Company Information
- Founded: 2021 | Founder: James Sixsmith | Orlando, Florida
- Accounts: $25K-$150K | Futures only | Monthly $150-$360
- Split: 80% PRO / 90% PRO+ | Day-one payouts
- Platforms: 15+ including NinjaTrader, Tradovate, Rithmic
- Trustpilot: 4.4/5 from 6,700+ reviews
Key Features at a Glance
Day-One Payouts
Take Profit Trader offers withdrawals from the very first day of a PRO (funded) account — one of the most aggressive payout policies in the futures prop industry. There is no mandatory waiting period before the first withdrawal, unlike most firms that require 15–30 days. The only requirement is that the account balance must exceed a small buffer zone above the starting balance.
Two Funded Account Tiers
Take Profit Trader offers two funded account tiers: PRO (80% profit split) and PRO+ (90% profit split). PRO+ accounts command a higher monthly subscription but deliver a meaningfully better split for traders generating consistent profits at scale.
No Intraday Daily Loss Limit
As of January 2025, Take Profit Trader removed the intraday daily loss limit from its evaluation and funded accounts. The only active drawdown measure is the EOD trailing drawdown, giving traders full intraday flexibility without the risk of being stopped out mid-session by a daily loss cap.
Account Sizes
Take Profit Trader offers futures accounts from $25,000 to $150,000, with monthly subscription pricing that scales with account size:
| Account Size | PRO Monthly Fee | PRO+ Monthly Fee | Profit Split |
|---|---|---|---|
| $25,000 | ~$150/month | ~$200/month | 80% PRO / 90% PRO+ |
| $50,000 | ~$170/month | ~$230/month | 80% PRO / 90% PRO+ |
| $75,000 | ~$225/month | ~$290/month | 80% PRO / 90% PRO+ |
| $100,000 | ~$270/month | ~$340/month | 80% PRO / 90% PRO+ |
| $150,000 | ~$360/month | ~$450/month | 80% PRO / 90% PRO+ |
To withdraw profits, the account balance must exceed a buffer zone — for example, $52,000 on a $50,000 account — before a payout request can be submitted. This is a small and easily achievable threshold given the day-one payout policy.
Trading Platforms
Take Profit Trader provides access to a broad range of futures trading platforms, all connected through its technology infrastructure:
- NinjaTrader — the most popular platform for Take Profit Trader accounts; comprehensive charting, backtesting, and algorithmic trading functionality
- Rithmic — order routing and data feed infrastructure underpinning most supported platforms
- ATAS (Order Flow Trading) — advanced footprint chart and order flow analysis platform favoured by institutional-style futures traders
- Bookmap — real-time liquidity heatmap and order book visualisation
- Quantower — multi-asset trading terminal with advanced analytics and custom layouts
- Sierra Chart — highly customisable professional-grade futures charting platform
- Jigsaw Daytradr — DOM-focused trading interface popular with scalpers and active futures traders
Financial Markets
Take Profit Trader is exclusively a futures prop firm. All trading is conducted on CME Group and CBOT futures contracts:
- Equity index futures — ES (E-mini S&P 500), NQ (E-mini NASDAQ 100), YM (E-mini Dow Jones), RTY (E-mini Russell 2000); Micro equivalents available (MES, MNQ, MYM, M2K)
- Energy futures — CL (Crude Oil WTI), NG (Natural Gas)
- Metals futures — GC (Gold), SI (Silver)
- Currency futures — 6E (Euro), 6B (British Pound), 6J (Japanese Yen) and other major CME FX futures
- Agricultural futures — ZC (Corn), ZS (Soybeans), ZW (Wheat)
- Interest rate futures — ZB (30-Year T-Bond), ZN (10-Year Note), ZF (5-Year Note)
Evaluation Specifications
| Parameter | Value |
|---|---|
| Evaluation Type | 1-Step (Simulated Account) |
| Profit Target | Varies by account size |
| Trailing Drawdown | EOD (End of Day) trailing |
| Daily Loss Limit | None (removed January 2025) |
| 50% Consistency Rule | No single day may exceed 50% of total evaluation profits |
| Minimum Trading Days | None specified |
| Time Limit | None |
| First Payout Eligibility | Day one of PRO account (once buffer zone exceeded) |
| Profit Split | 80% PRO / 90% PRO+ |
| EAs/Automation | Permitted |
| News Trading | Permitted |
| Weekend Holds | Permitted |
Profit Split and Account Tiers
PRO Account — 80% Split
The standard PRO account provides an 80% profit split from day one of funded status. There is no ramp-up period or minimum withdrawal threshold beyond the small buffer zone. Traders generating $3,000 per month on a $50,000 PRO account receive $2,400, with $600 retained by Take Profit Trader.
PRO+ Account — 90% Split
The PRO+ account tier provides a 90% profit split in exchange for a higher monthly subscription fee. For traders consistently generating $5,000 or more per month, the extra $20–$90 in monthly subscription cost is typically recovered within the first week of trading through the improved split. PRO+ is recommended for traders who have already proven their consistency on the platform.
Payout Methods
Take Profit Trader processes day-one payouts through standard payment channels:
- ACH bank transfer — primary method for US-based traders via standard domestic bank transfer
- Wire transfer — available for international traders; processing times and fees vary by destination
- Cryptocurrency — select crypto payment options available for eligible funded traders
- Payouts can be requested from day one of the PRO/PRO+ account, as long as the account balance exceeds the buffer zone
- Processing typically completed within 1–3 business days of approved request
Trading Commissions
Take Profit Trader accounts operate through a professional futures infrastructure. Commissions are charged per contract round turn and include exchange and regulatory fees:
- E-mini futures (ES, NQ, YM) — standard CME exchange fee plus per-contract platform commission; specific rates displayed within the trading platform at account activation
- Micro futures (MES, MNQ, MYM) — lower per-contract cost; suitable for managing risk on smaller accounts or practising with reduced lot sizes
- Energy and metals futures — slightly higher exchange fees per contract reflecting higher contract value
- Real-time data fees — included within the account subscription for primary instruments
- NFA regulatory fee — charged per contract as required by US regulation, standard across all US futures brokers
IP Rules
- EAs (automated trading systems) are permitted on Take Profit Trader evaluation and funded accounts
- News trading is permitted — there is no news blackout window
- 50% consistency rule in evaluation: a single trading day must not account for more than 50% of total evaluation profits
- Account credentials must not be shared — each account must be operated solely by the registered trader
- Multiple accounts are permitted; each must be operated under its own strategy session and not used to offset risk across accounts
- Strategies exploiting platform data delays, arbitrage, or latency between data feeds are prohibited
- Position size limits apply per instrument — max contract limits per position are enforced and visible within the platform
Unique Features
Trader Background Story
Take Profit Trader was founded by James Sixsmith, a former professional hockey player who transitioned into full-time trading. This background shapes the firm’s culture — emphasising discipline, resilience, and structured performance over short-term results. The firm has built a loyal community of futures traders who appreciate the founder’s transparent, community-focused communication style.
Day-One Payout Policy
The day-one withdrawal policy is genuinely rare in the prop trading space. Most futures prop firms require traders to wait between 15 and 30 days after receiving funded status before their first withdrawal. Take Profit Trader eliminates this delay entirely — as soon as the account balance exceeds the buffer zone, a payout can be requested. For traders generating profits quickly, this creates an unusually fast cash-flow cycle.
Why Choose Take Profit Trader?
Take Profit Trader is best suited to active futures traders who value maximum payout speed, flexibility in trading rules (no daily loss limit, news trading permitted), and a founder-led community atmosphere. Its day-one payout policy and the removal of the intraday daily loss limit in January 2025 make it one of the more trader-friendly futures prop firms available.
- Day-one payouts — no waiting period on PRO accounts
- No intraday daily loss limit (removed January 2025) — full session flexibility
- 80% PRO / 90% PRO+ profit splits — competitive at both tiers
- EAs and news trading permitted — no strategy restrictions
- Multiple platform support — NinjaTrader, ATAS, Bookmap, Quantower, Sierra Chart
- 50% consistency rule (evaluation only) — more permissive than many consistency requirements
- Founded by a former professional athlete — disciplined, community-focused culture
Frequently Asked Questions
How long does it take to get funded?
Take Profit Trader uses a 1-step evaluation with no time limit and no minimum trading day requirement. You pass the evaluation by hitting the profit target without breaching the EOD trailing drawdown. Once a PRO or PRO+ funded account is activated, you can request a payout on the very first day as long as the account balance exceeds the required buffer zone above the starting balance.
Can I hold positions over the weekend?
Yes, Take Profit Trader permits overnight and weekend position holds. There is no forced position-close rule at session end or before the weekend. Traders should be aware that EOD trailing drawdown means the drawdown floor adjusts at end of each trading day based on the account’s high-water mark, so large intraday gains followed by a weekend gap down can put pressure on the drawdown floor when markets reopen.
What happens if I break a rule?
Breaching the EOD trailing drawdown during the evaluation ends that evaluation attempt and the subscription fee paid for that period is not refunded. You can restart a new evaluation in the same subscription cycle. On a funded PRO or PRO+ account, breaching the drawdown terminates the funded account and you would need to re-evaluate. Violating the 50% consistency rule during the evaluation may disqualify that payout cycle.
Can I trade news events?
Yes, news trading is fully permitted on Take Profit Trader accounts. There is no news blackout window before or after economic releases. This makes Take Profit Trader particularly suitable for traders whose strategies focus on high-impact macroeconomic events such as NFP, FOMC, and CPI releases. The removal of the intraday daily loss limit in January 2025 further enhances the viability of news-based strategies.
How often can I withdraw profits?
Take Profit Trader’s day-one payout policy means you can request a withdrawal from the first day of your PRO or PRO+ funded account, as long as the account balance exceeds the buffer zone. There is no mandatory waiting period and no fixed payout schedule — you can request payouts as frequently as you generate withdrawable profits above the buffer threshold.
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