Question 1

What is Take Profit Trader and how does the prop firm model work?

Accepted Answer

Take Profit Trader (TPT) is a US-based futures-only prop firm running a 3-tier model. You pay a monthly subscription for the 1-step Test phase (EOD trailing drawdown, 5 minimum trading days), graduate to PRO (sim-funded, intraday trailing drawdown, flat 80/20 split), and after $5,000 in PRO profits you can upgrade to PRO+ (LIVE Tradovate brokerage, EOD drawdown, flat 90/10 split, no buffer). On-demand payouts. Founded 2021 by James Sixsmith in Orlando/Windermere, Florida. Trustpilot ~4.4/5 from ~8,751 reviews.

Question 2

Who founded Take Profit Trader and where is it based?

Accepted Answer

TPT was founded in 2021 by James Sixsmith, a former professional hockey player who transitioned into futures trading and founded Trade Context in 2015 before launching TPT. The company is headquartered in the Orlando/Windermere, Florida area, with the legal entity Take Profit Trader LLC. Sixsmith and his team host educational livestreams and the firm runs an active YouTube channel and Discord community.

Question 3

When was Take Profit Trader founded?

Accepted Answer

2021. TPT is younger than Topstep (2012) and Earn2Trade (2018) but predates most of the 2022-2024 prop firm boom. The firm gained mainstream traction in 2023-2024 after Apex copy-trading bans pushed traders to look at alternative single-account props with on-demand payouts.

Question 4

Is Take Profit Trader regulated?

Accepted Answer

No. TPT is a proprietary trading firm offering simulated funded accounts - not a regulated broker-dealer or FCM. The product is structured as an educational evaluation with discretionary performance payouts. This is the standard model for every retail US futures prop firm including Apex, Topstep, MyFundedFutures, and Bulenox.

Question 5

Is Take Profit Trader legit or a scam?

Accepted Answer

Legit. ~4.4/5 Trustpilot from roughly 8,751 reviews, 4+ years in operation, consistent on-demand payouts documented across prop firm forums and futures trader forums. Common complaints focus on the trailing drawdown locking at $0 on PRO and recently tightened copy-trading rules - not scam indicators. Founder James Sixsmith is publicly identifiable and active.

Question 6

Does Take Profit Trader trade real money or simulated capital?

Accepted Answer

Both. Test and PRO accounts run on simulated quotes mirroring real CME data via Tradovate or NinjaTrader Continuum, with payouts in real cash from TPT's funds. PRO+ (the third tier, unlocked after $5K profit on PRO) is a LIVE Tradovate brokerage account with real execution at exchanges. This dual sim-plus-live structure is unique to TPT among major US futures props.

Question 7

What countries does Take Profit Trader accept?

Accepted Answer

Most countries globally. Restricted nations include Iran, North Korea, Syria, Cuba, Belarus, Russia, and OFAC-sanctioned regions. India, Brazil, Mexico, UK, EU, Australia, Canada, and most of Asia and Africa are accepted. US-based traders are fully supported - TPT is a US firm.

Question 8

Does Take Profit Trader accept US-based traders?

Accepted Answer

Yes - fully. TPT is a US-domiciled firm and US traders are its primary market. There are no platform restrictions for US users (unlike forex props that block MT5/cTrader for US accounts). NinjaTrader, Tradovate, and TradingView all work the same for US and international customers.

Question 9

Is Take Profit Trader available in India?

Accepted Answer

Yes. India is a top international market for TPT alongside Brazil and Mexico. Indian traders sign up with a passport-verifiable name, fund the monthly subscription via international card, and receive PRO payouts via Deel, Riseworks, or international wire. RBI/LRS limits apply to inbound USD remittances.

Question 10

How many traders does Take Profit Trader have?

Accepted Answer

TPT has not published exact registered-trader counts, but Trustpilot review volume (~8,751), active Discord (10K+ members), and YouTube subscriber growth (50K+) suggest a low-six-figure active subscriber base. Smaller than Apex (~100K accounts) and Topstep but larger than most niche futures props.

Question 11

How much has Take Profit Trader paid out to traders?

Accepted Answer

TPT does not publish a cumulative payout figure. Payout-proof posts on prop firm forums and futures trader forums and the firm's own social posts confirm millions paid out monthly. The on-demand payout cadence (no fixed weekly or monthly cycle - request anytime once your buffer is met) is one of TPT's marquee features and is reflected in independent payout-proof threads.

Question 12

What makes Take Profit Trader different from Apex and Topstep?

Accepted Answer

Three differentiators: on-demand payouts (vs Apex 8-day, Topstep monthly cycles), the optional PRO+ LIVE Tradovate brokerage tier (no other major US futures prop offers a real live-execution upgrade), and a 3-tier model (Test - PRO sim-funded - PRO+ live) instead of a single funded phase. The trade-off: PRO uses an intraday trailing drawdown that locks on unrealized peaks, which is stricter than Apex's EOD trail.

Question 13

Does TPT have a Discord community?

Accepted Answer

Yes - TPT runs an active Discord with 10,000+ members across general chat, education channels, and platform-specific support rooms. Founder James Sixsmith and the TPT coaching team appear regularly. The Discord is the fastest channel for live support questions and is also where most promo codes drop first.

Question 14

What account sizes does Take Profit Trader offer?

Accepted Answer

Five sizes: TPT 25 ($25K), TPT 50 ($50K), TPT 75 ($75K), TPT 100 ($00K), TPT 150 ($50K). All run the same 1-step Challenge format with size-scaled profit targets, trailing drawdowns, and contract limits. Most retail traders pick TPT 50 or TPT 100 as the sweet spot between subscription cost and earning capacity.

Question 15

What is the TPT 25 account?

Accepted Answer

The TPT 25 is the entry-level $25,000 simulated account. Profit target $,500, trailing drawdown $,500, contract limit 3 minis or 30 micros. Lowest monthly fee (~$50 list, often discounted). Ideal for new prop traders learning the rules without burning cash.

Question 16

What is the TPT 50 account?

Accepted Answer

TPT 50 is the $50,000 size. $3,000 profit target, $2,000 trailing drawdown, max 6 minis or 60 micros. Most popular size by sales volume - the cost-to-target ratio is friendlier than TPT 25 and the contract count lets active scalpers and automated systems work meaningfully.

Question 17

What is the TPT 75 account?

Accepted Answer

TPT 75 is the $75,000 size. $4,500 profit target, $2,500 trailing drawdown, 9 mini or 90 micro contracts. Often skipped - most traders jump from TPT 50 to TPT 100 because TPT 75's pricing and parameters land in an awkward middle ground for most strategies.

Question 18

What is the TPT 100 account?

Accepted Answer

TPT 100 is the $00,000 size. $6,000 profit target, $3,000 trailing drawdown, 12 mini or 120 micro contracts. Common pick for experienced traders who want larger contract limits without paying TPT 150 fees. The $3,000 drawdown gives room for a multi-leg loser without auto-fail.

Question 19

What is the TPT 150 account?

Accepted Answer

TPT 150 is the $50,000 flagship size. $9,000 profit target, $4,500 trailing drawdown, 15 minis or 150 micros. Highest absolute earning capacity per pass. Subscription is the most expensive but per-dollar-of-buying-power, often the best value if you can manage the larger drawdown swing without overtrading.

Question 20

How many TPT accounts can I run at once?

Accepted Answer

TPT allows multiple Challenge accounts per trader, but as of 2025 has tightened rules around copy-trading identical fills across them. You can hold 3-5 active Challenge subscriptions simultaneously; PRO Accounts have stricter consistency-tracking that flags identical entries across mirror accounts. Always read the latest user agreement before stacking.

Question 21

Does TPT offer instant funding?

Accepted Answer

No. TPT only offers the 1-step Test phase - no instant-funded SKU. The Test phase requires a minimum of 5 trading days plus hitting the profit target without breaching trailing drawdown, then you pay the flat $30 activation fee to graduate to PRO (sim-funded, 80/20). PRO+ (LIVE Tradovate, 90/10) becomes available after $5K profit on PRO.

Question 22

Does TPT have a 2-step or 3-step evaluation?

Accepted Answer

TPT runs a single 1-step Test evaluation, but the overall journey is a 3-tier model: Test - PRO - PRO+. You only have to "pass" the Test phase once; PRO is a sim-funded payout tier (80/20 split, intraday trailing drawdown), and PRO+ is the optional live-brokerage upgrade (90/10 split, EOD drawdown) unlocked after $5K profit on PRO.

Question 23

Which TPT size is best for beginners?

Accepted Answer

TPT 50 is the typical recommendation. TPT 25's $,500 trailing drawdown is unforgiving for new traders, and the 3-mini contract cap doesn't let you scale. TPT 50 doubles the drawdown room ($2,000), doubles contracts (6 minis), and only adds modestly to monthly fee.

Question 24

Which TPT size has the best risk/reward ratio?

Accepted Answer

TPT 100 - $6,000 profit target against $3,000 trailing drawdown is a clean 2:1 reward-to-risk. TPT 150 has 9:4.5 = 2:1 also, but the larger absolute drawdown swings can be psychologically harder to manage. Most experienced TPT traders settle on TPT 100 as the sweet-spot size.

Question 25

How much does Take Profit Trader cost per month?

Accepted Answer

List monthly subscription prices: TPT 25 ~$50, TPT 50 ~$70, TPT 75 ~$245, TPT 100 ~$330, TPT 150 ~$360. These are recurring monthly fees, not one-time eval costs - you pay every month while running the Test phase until you pass and graduate to PRO. Each renewal also includes one free reset. Promo codes typically discount 25-50% in any given month.

Question 26

Is the TPT subscription monthly or one-time?

Accepted Answer

Monthly recurring during the Test phase. Unlike Apex's one-time eval fee with monthly resets, TPT charges a continuous subscription, but each monthly renewal includes one free reset. If you don't pass within the month, the Test auto-renews and your progress carries forward. Cancel anytime; canceling closes the Test phase. Once you graduate to PRO, you pay only the one-time $30 activation fee - no more monthly subscription.

Question 27

Does Take Profit Trader offer discount codes?

Accepted Answer

Yes - promo codes appear regularly. Recurring discounts range from 25% to 90% off the first month, with deeper cuts during Black Friday, Cyber Monday, July 4th, and Memorial Day. TPT's official Discord and email list publish current codes. Affiliate creators on YouTube and X also share active codes.

Question 28

Does the TPT discount apply only to the first month?

Accepted Answer

Most TPT promo codes apply to the first billing cycle only. Months 2+ revert to list price. A few rare evergreen codes give a flat 25% off all months - these usually come from affiliate partnerships. Always confirm at checkout before assuming the discount recurs.

Question 29

Are there free trials at TPT?

Accepted Answer

No free trial of the Challenge itself. The first month at promo pricing is the closest thing to a low-risk trial. PickMyTrade does offer a free trial for the automation layer, so you can connect TradingView to a TPT Tradovate Challenge and test alerts before paying full subscription.

Question 30

Does TPT charge an activation fee for PRO accounts?

Accepted Answer

Yes - a flat one-time PRO Account activation fee of $30, the same for every size from TPT 25 through TPT 150. Once paid, your monthly Test subscription stops and the PRO sim-funded account (80/20 split) begins. The activation fee is sometimes waived during big promotions but generally is the single payment to convert. PRO+ (live brokerage) does not require a separate activation fee - it’s an upgrade triggered by hitting $5K profit on PRO.

Question 31

What payment methods does TPT accept?

Accepted Answer

Credit and debit cards (Visa, Mastercard, Amex), PayPal, and select crypto via processor depending on geography. International cards are accepted with no FX surcharge from TPT (your card issuer may apply one). For payouts on PRO/PRO+, TPT supports PayPal, Wise, and Plaid/bank wire.

Question 32

Are TPT subscriptions tax deductible?

Accepted Answer

In many jurisdictions, prop firm subscriptions can be deducted as a business expense if you treat trading as a business. US Schedule C, UK self-employment, India ITR-3 business income - all may permit deduction. Consult a tax professional before claiming. Keep receipts for both Challenge fees and PMT automation subscription as itemized expenses.

Question 33

What is the profit target on TPT 25?

Accepted Answer

$,500. That's a 6% target on $25K notional. Once your account hits $26,500 in cumulative profit (with trailing drawdown unbreached and end-of-day flat respected), you can request PRO Account activation. The profit target is hard - exact dollar amount, not a percentage range.

Question 34

What is the profit target on TPT 50?

Accepted Answer

$3,000. That's a 6% target on $50K notional. Account must reach $53,000 balance with the trailing drawdown intact. Most retail traders take 5-15 trading days to hit this, depending on win rate and risk per trade.

Question 35

What are the profit targets for TPT 75, 100, 150?

Accepted Answer

All sizes use a 6% profit target: TPT 75 = $4,500, TPT 100 = $6,000, TPT 150 = $9,000. The percentage is constant; the dollar amount scales linearly with account size. This makes the relative difficulty identical regardless of size - only your contract sizing changes.

Question 36

What is trailing drawdown at TPT?

Accepted Answer

Trailing drawdown is a moving floor that tracks your highest balance, less the size-specific drawdown amount. On the Test phase it locks end-of-day (only the daily close updates the floor). On PRO it locks intraday - each new unrealized peak instantly tightens the floor. PRO+ goes back to an EOD-locked drawdown with no $0 buffer. Drop below the floor at any point and the account fails immediately.

Question 37

What is the exact trailing drawdown for each TPT size?

Accepted Answer

TPT 25 = $,500. TPT 50 = $2,000. TPT 75 = $2,500. TPT 100 = $3,000. TPT 150 = $4,500. These are dollar amounts, not percentages - your drawdown buffer is fixed in cash regardless of how much your account swings. Smaller accounts have proportionally tighter risk.

Question 38

When does the TPT trailing drawdown lock?

Accepted Answer

On the Test phase the trailing drawdown locks at $0 (the starting balance) once your floor catches up. After that, the drawdown stops trailing higher and becomes a static "no-loss" floor at starting balance. On PRO the drawdown trails intraday (no lock at $0). On PRO+ the drawdown is end-of-day and does not include the $0 buffer - once you breach the floor, the account ends.

Question 39

Does the trailing drawdown trail intraday or end-of-day?

Accepted Answer

It depends on the tier. Test phase is end-of-day - only the daily close updates the floor, so intraday peaks don’t tighten the drawdown. PRO is intraday - every new unrealized high tightens the floor in real time. PRO+ goes back to end-of-day but with no $0 lock. This intraday step-up on PRO is the trickiest TPT rule to manage; PMT's auto-flatten alerts help.

Question 40

Does TPT use static or trailing drawdown on PRO?

Accepted Answer

PRO uses the same size-specific trailing drawdown ($.5K-$4.5K) as the Test phase, but it locks against intraday peaks instead of end-of-day. There is no $5K "initial drawdown floor" - the $5K figure in TPT marketing refers to the profit threshold required on PRO to unlock the PRO+ live brokerage upgrade, not a static buffer. PRO+ switches to an EOD-locked drawdown.

Question 41

What is the $5,000 figure on PRO actually about?

Accepted Answer

$5,000 is the profit threshold on PRO that unlocks eligibility for the PRO+ upgrade - TPT’s LIVE Tradovate brokerage tier with a 90/10 split and EOD drawdown. It is NOT a static drawdown floor. Once you accumulate $5K of profits on PRO (split paid out 80/20 along the way), you can request promotion to PRO+ and trade real money against real exchange execution.

Question 42

If my account hits the trailing drawdown, can I retry?

Accepted Answer

Yes. If the Test phase breaches drawdown, the account fails but you can immediately purchase a reset ($00 flat) or use the free reset included with your monthly renewal. PRO accounts can also be reset up to 3 times, with size-scaled reset fees ranging from roughly $449 to $,499. PRO+ breaches are typically terminal - you’d repurchase a Test from scratch.

Question 43

Are unrealized P&L counted in the drawdown?

Accepted Answer

Yes - especially on PRO. PRO’s intraday trailing drawdown locks on unrealized peaks: if your position runs into significant unrealized profit and then gives it back, the floor has already moved up. On the Test phase the drawdown only locks at end of day, so intraday give-backs don’t tighten the floor. Manage stop placement to protect against intraday MAE swings, particularly on PRO.

Question 44

Does TPT have a daily loss limit?

Accepted Answer

No. TPT does not enforce a daily loss limit on either the Challenge or PRO. Only the trailing drawdown matters. This is one of TPT's most-cited advantages over Topstep, which enforces a Max Loss Limit per day. You can theoretically lose up to your full trailing drawdown in a single session and still be active until close. If you want to enforce your own daily or weekly profit/loss limits, set these directly in Tradovate — Tradovate allows you to configure daily profit targets and daily loss limits that automatically block new trades once reached. PMT's own daily/weekly limit settings work only on personal/demo Tradovate accounts, not prop firm accounts.

Question 45

Can I lose money during the Challenge and still pass?

Accepted Answer

Yes - losing days are fine as long as you never breach the trailing drawdown and end-of-day flat is respected. The only outcome that matters is hitting the profit target with the floor intact. Many passes happen after several losing days followed by one strong winning week.

Question 46

What happens if I cross the drawdown by $?

Accepted Answer

Account fails immediately. There's no grace period or rounding. Even a single tick beyond the trailing floor terminates the Challenge or PRO. This is automated - TPT's risk system flat-closes positions at the breach and locks the account. Common trader forums complaint: traders who got within $5-$0 of breach and survived treated it as a win, but most who graze it lose.

Question 47

Can PickMyTrade enforce my own internal drawdown limits?

Accepted Answer

PMT can help you manage drawdown by ensuring every trade has a stop-loss and take-profit defined via your TradingView alert configuration — this prevents any single position from running unchecked against your drawdown floor. For specific risk management features available in PMT, check the current documentation at docs.pickmytrade.trade.

Question 48

Why does TPT have no daily loss limit?

Accepted Answer

TPT's risk model relies entirely on the trailing drawdown plus end-of-day flat requirement. The firm believes traders should self-manage daily risk; the trailing drawdown serves as the ultimate hard limit. This contrasts with Topstep's $,000-$3,000 Max Loss Limit per day. The trade-off: no DLL is friendlier for swing-style intraday traders but riskier for tilt-prone scalpers.

Question 49

Do I have to flat all positions at the end of the day?

Accepted Answer

Yes - the Challenge and most PRO variants require end-of-day flat. Positions must be closed before the daily futures session ends (typically 5:00 PM ET for ES/NQ via the CME maintenance window). Holding past the cutoff auto-fails the account or, on PRO, voids that day's progress.

Question 50

What time is the TPT end-of-day cutoff?

Accepted Answer

4:59 PM ET (Monday-Friday) is the universal flat-by deadline. This corresponds to the daily CME settlement window for equity index futures. For other contracts (energy, metals, ag), the cutoff aligns with their session close. Holding into the maintenance window violates EOD flat.

Question 51

Are overnight positions allowed at TPT?

Accepted Answer

No - not on Challenge, and not on standard PRO. TPT does offer a Swing PRO variant on some sizes that permits overnight holds with adjusted parameters, but the default Challenge and standard PRO require flat by 4:59 PM ET each day. Most traders trade intraday only.

Question 52

Can I hold positions over weekends?

Accepted Answer

No, except on Swing PRO if available. Standard accounts must be flat each Friday by 4:59 PM ET and remain flat through the weekend. Sunday open at 6:00 PM ET is when new positions can be entered for the next week.

Question 53

Do I have to trade every day?

Accepted Answer

Not every day, but the Test phase requires a minimum of 5 trading days before you can request the PRO upgrade - even if you hit the profit target on day one. PRO and PRO+ have a minimum activity expectation (typically one trade every 30 days to keep the account active) but no daily mandate.

Question 54

What happens if I forget to flat a position by EOD?

Accepted Answer

TPT's risk system auto-liquidates open positions at the maintenance window. On the Challenge, this typically violates EOD flat and fails the account. PickMyTrade includes a Trading Time feature available across all supported broker connections — you can configure active trading hours and any alerts outside those hours are automatically rejected. You can set your trading window to end before TPT's EOD cutoff, preventing any new trades from being placed after that time. Full guide: https://docs.pickmytrade.io/docs/trading-time-settings/

Question 55

Does the EOD flat rule apply during the Challenge phase?

Accepted Answer

Yes. EOD flat is enforced from day one of the Challenge through the entire PRO lifecycle. The drawdown only updates against end-of-day balance, so positions held past the cutoff break the lookup logic and auto-fail. There's no warning - the system simply terminates.

Question 56

What does it take to pass the TPT Test phase?

Accepted Answer

Four conditions: (1) hit the size-specific 6% profit target, (2) never breach the trailing drawdown, (3) flat all positions by 4:59 PM ET each day, (4) trade for a minimum of 5 trading days, and (5) respect the 50% best-day consistency rule (your single best day cannot exceed 50% of cumulative profit at request time). Once met, you request the PRO upgrade and pay the flat $30 activation fee.

Question 57

Is there a minimum number of trading days?

Accepted Answer

Yes - the Test phase requires a 5-trading-day minimum before you can request the PRO upgrade. Even if you smash the profit target in a single session, you still have to log activity across at least five separate trading days. This is one of TPT’s stricter rules versus props like Apex that allow same-day passes.

Question 58

Is there a consistency rule on the Test phase?

Accepted Answer

Yes - the 50% best-day rule applies during the Test phase. At the moment you request the PRO upgrade, your single best trading day cannot exceed 50% of cumulative profit. So if your best day was $2,000, your total profit at upgrade must be at least $4,000. Spread gains across multiple sessions to stay safe; the rule is checked at upgrade request, not after the fact.

Question 59

Is there a consistency rule on PRO accounts?

Accepted Answer

No formal consistency rule on PRO at payout - the 50% best-day check applies during the Test phase, not at the PRO payout window. PRO payouts gate on staying above the size-specific buffer threshold (your cushion above the trailing floor) rather than a daily-distribution check. PRO+ payouts likewise focus on profit cushion, not consistency ratios.

Question 60

How quickly can I realistically pass TPT 50?

Accepted Answer

Realistic median: 8-15 trading days. Aggressive scalpers: 2-5 days. Patient swing-style: 20-30 days. Risking ~$300-$400 per setup with a 1.5R average target produces $3,000 in roughly 8-12 winning trades, achievable in two weeks for most consistent traders.

Question 61

What's the TPT Test phase pass rate?

Accepted Answer

TPT does not publish official pass-rate statistics. Trader forum anecdotal data and prop-firm review aggregators put it in the 15-25% range, similar to Topstep and Apex. The 1-step format is friendlier than 2-step props, but the 50% consistency rule plus the trailing drawdown locking at $0 catches plenty of traders who run hot in one session then give back gains.

Question 62

Do I need to verify identity to pass?

Accepted Answer

KYC is required at PRO Account activation, not before. Once you hit the profit target you submit a government ID, sign the funded trader agreement, and complete W-8/W-9 tax forms. Until then you can trade anonymously under your TPT account login. KYC turnaround is typically 24-72 hours.

Question 63

Can I pass on micros only?

Accepted Answer

Yes - TPT permits 100% micro-contract trading throughout the Challenge and PRO. Many TPT 25 and TPT 50 traders pass with micros only because the per-tick risk is 1/10th the mini, fitting tighter trailing drawdowns. There is no rule forcing you to use minis at any size.

Question 64

What is the TPT PRO Account?

Accepted Answer

PRO is the sim-funded second tier that begins after passing the Test phase. The Test subscription stops, you pay the flat $30 one-time activation fee, and the simulated funded account opens at the size you passed (TPT 25-150). Profits pay out at a flat 80/20 split. The drawdown is the size-specific trailing amount but locks intraday (on unrealized peaks). After $5K of profit on PRO you can upgrade to PRO+.

Take Profit Trader FAQ

📋 Inhaltsverzeichnis

Take Profit Trader Grundlagen

Pläne & Größen (TPT 25-150)

Preise & Promo-Codes

Gewinnziel & Trailing-Drawdown

Tagesverlust- & End-of-Day-Regeln

Bestehensbedingungen & Mindesttage

PRO- & PRO+-finanzierte Phasen

Auszahlungen: Auf Abruf, Methoden, Limits

Kontrakte & Positionsgrößenbemessung

Nachrichten-, Halte- & Reset-Regeln

Automatisierung, Bots & Copy-Trade-Beschränkungen

Plattformen: NinjaTrader, Tradovate, TradingView

Resets, Rückerstattungen & Kontoschließung

Vergleiche & Multi-Firm-Strategie

Steuern, KYC, Auszahlungen & PRO+-Regeln (Neu)

Automatisieren Sie Take Profit Trader mit TradingView

Weitere Prop-Firmen-FAQs

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