If you're researching futures prop firms, you've probably come across [Take Profit Trader[(https://propfirm.compare/propfirm/take-profit-trader) and wondered if it's actually legit. Founded in 2021 by James Sixsmith, TPT has built its reputation around one killer feature: day-one payouts. With a 4.4-star rating on Trustpilot from over 6,700 reviews, they've quickly become a major player in futures funding. But is Take Profit Trader legit? Let's break down what they really offer.
What Is Take Profit Trader?
Take Profit Trader is a futures-only prop firm offering funded accounts from $25,000 to $150,000. The model is simple: pass their one-step evaluation, get a funded PRO account, and start withdrawing profits immediately.
You pay a monthly subscription during evaluation ($150-$360 depending on size). Once you pass, you move to a PRO account where you can request withdrawals from day one. No more monthly fees. Perform well consistently, and they'll invite you to PRO+, which is live trading through Tradovate.
What Markets Can You Trade?
MegaphoneThey support over 40 futures instruments across CME, NYMEX, COMEX, and CBOT. This includes popular contracts like ES (S&P 500), NQ (Nasdaq), CL (crude oil), GC (gold), and various micro contracts for smaller position sizing. You keep 80% of profits in PRO accounts and 90% in PRO+ accounts.
Connect through 15+ platforms including NinjaTrader, TradingView, Tradovate, Rithmic, Quantower, and MotiveWave. TPT provides both CQG and Rithmic data feeds depending on your platform choice.
How Does Take Profit Trader Work?
(H3) The Evaluation Process
The evaluation is straightforward compared to multi-phase prop firms. Here's what you need to know:
Account Selection: Choose from $25K, $50K, $75K, $100K, or $150K accounts. Monthly fees range from $150 to $360 until you pass. These subscriptions renew every 30 days.
Profit Target: Hit 6% profit across all account sizes. A $50K account needs $3,000 in profits, $100K needs $6,000. There's no time limit, so you can take as long as needed. However, you need minimum 5 trading days to qualify.
Consistency Rule: No single winning day can be more than 50% of total profits during evaluation. This prevents lottery-style trading where you hit one massive winner and call it done. TPT wants to see sustainable trading, not luck.
Drawdown Management: 6% maximum drawdown calculated end-of-day during evaluation. For $50K, that's $2,000. For $100K, it's $6,000. The trailing drawdown moves up with your profits during eval. Important: it becomes intraday trailing once you're funded, which is stricter.
Activation: Pass everything, pay a one-time activation fee regardless of account size, and get your PRO account. Monthly subscription fees stop immediately.
(H3) The Critical Rules
No Daily Loss Limit: As of January 2025, TPT removed daily loss limits. You only manage the overall trailing drawdown. This gives more flexibility than firms with strict $500-$1000 daily caps.
Intraday Trailing Drawdown (PRO): Once funded, drawdown becomes live intraday including unrealized profits. If your trade peaks at $1,000 profit then pulls back $900, that peak counts against your drawdown threshold. This catches many traders off guard because it's stricter than the end-of-day evaluation rules.
The Buffer Zone: In PRO accounts, you must build a buffer equal to your max drawdown before withdrawing at 80/20. For a $50K account with a $2,000 buffer, you need to reach $52,000 before withdrawing profits above that level. Everything below $52,000 is locked until you close the account.
News Trading Lockout: No opening or closing trades 1 minute before or after Tier 1 high-impact news events. TPT emails you on event days and publishes a calendar of prohibited times.
(H2) Is Take Profit Trader Legit? Let's Look at the Facts
(H3) Company Background and Payouts
[Take Profit Trader](https://propfirm.compare/propfirm/take-profit-trader) is registered in Windermere, Florida with publicly known founder James Sixsmith. For PRO+ live accounts, they use Tradovate, an NFA-regulated broker. PRO accounts are simulated environments, but all payouts are real money paid by TPT.
The payout evidence is strong. With 4.4 stars on Trustpilot from 6,700+ reviews, TPT has a solid track record. Traders regularly post same-day withdrawal confirmations showing funds hitting accounts within hours of request. Processing typically happens within 24 hours on business days using Plaid for US traders, PayPal, or Wise for international traders.
The payout structure is transparent: 80% profit split on PRO accounts, 90% on PRO+ accounts. Once you're above the buffer zone, there are no payout windows to wait for, no minimum days between withdrawals, and no maximum withdrawal limits. You can withdraw daily if you want.
(H3) What Traders Say
Positive feedback consistently highlights fast payout processing (often same-day), no monthly fees after funding, simple one-step evaluation, no daily loss limits, and 24/7 customer support availability.
Complaints typically center on the intraday trailing drawdown catching traders unprepared and the 50% consistency rule during evaluation requiring strategic planning. Most negative reviews come from traders who violated rules during evaluation or on funded accounts. TPT responds to these reviews explaining exactly which rule was breached, which shows transparency even when delivering bad news.
(H2) How Does Take Profit Trader Make Money?
Monthly Evaluation Fees: $150-$360 per month during testing until you pass or cancel.
PRO Activation: One-time fee regardless of account size.
Profit Share: 20% in PRO accounts, 10% in PRO+ accounts.
Reset Fees: Available up to 3 times per funded account, costs vary by size.
(H2) How Does Take Profit Trader Compare?
Day-One Withdrawals: TPT's signature feature. Most firms require 5-30 day waiting periods before first payout. TPT lets you withdraw immediately once above buffer.
One-Step Evaluation: Single test versus 2-3 phases at competitors. Pass once, get funded immediately.
No Monthly Fees After Funding: No recurring charges once you activate PRO. Compare this to firms charging $85-$105 monthly for funded accounts.
Smaller Max Size: $150K per account with 5 account maximum ($750K total). Other firms offer up to $300K per account.
Fast Qualification: Can pass in 5 days minimum if you hit targets and follow rules. Many firms require 7-10 minimum days.
PRO+ Access: Typically requires $5K in PRO profits first. This $5K becomes working capital in the live account rather than being withdrawable.
(H2) What Trading Styles Work Best?
Day Trading: Perfect fit. Rules are built for daily close positions.
Scalping: Works well. Just spread wins across multiple days during evaluation due to consistency rule.
Swing Trading: Challenging. Positions must be managed within 6 PM to 5 PM ET window daily.
News Trading: Allowed except during Tier 1 events with 1-minute lockout.
(H2) What You Should Know Before Starting
Why TPT Stands Out: Day-one payout access (fastest in industry) No daily loss limits Simple one-step evaluation No monthly fees after funding Up to 3 resets per funded account 15+ platform options
(H2) So, Is Take Profit Trader Legit?
Yes, Take Profit Trader is legit. They're a registered US company with a publicly known founder, they use regulated brokers for live accounts, and they have a strong payout track record.
The 20% pass rate shows the evaluation is challenging but fair. TPT wants funded traders generating consistent profits because that's when both parties benefit.
If you're considering TPT, understand what you're signing up for. The day-one payout feature is real and genuinely fast. The intraday trailing drawdown on PRO accounts is also real and catches traders off guard if they're unprepared.
For traders who value speed above everything else, TPT delivers. You can pass in 5 days, withdraw profits within 24 hours, and access earnings whenever you want once above buffer.
Understanding what Take Profit Trader is, how it works, and what they expect is crucial before spending money on evaluation. They're a legitimate pathway to funded futures trading for traders with real skills and solid risk management. Check out their full breakdown and all [Take Profit Trader reviews[(https://propfirm.compare/propfirm/take-profit-trader) on Prop Firm Compare to see how they compare to other futures prop firms.