Take Profit Trader review

$5 per round trip per contract, $0.50 for micro contracts.

All PRO Accounts must be out of all open positions and have no open orders one minute before, during and one minute after any prohibited news event.

Prohibited News Events: FOMC, Non-Farm Payroll (NFP), Consumer Price Index (CPI)

You are allowed to copy trade accounts owned and controlled by you. Approved trade copiers are: Tradesyncer, TradeCopia, Affordable Indicators, Replikanto Flowbot (Compliance Edition only) and platform-native copier tools.

Take Profit Trader does not explicitly allow microscalping, but there is no rule against it, and no minimum hold time for trades.

You can maintain up to 5 active PRO/PRO+ accounts simultaneously, and activate up to 10 successfully passed tests within a span of 30 calendar days. 

Take Profit Trader does not allow any automated or bot trading of any kind. All trades must be manually executed by the trader.  

To keep your PRO Account active, you must trade at least one day per calendar week (Sunday–Friday). A “traded day” is defined as a day where at least one round-trip has been executed on any permitted instrument.

You cannot hold open positions in opposite directions within the same product or closely related products. This applies across all account types.

Take Profit Trader waives all fees on withdrawals from the wallet over $250. If you request a withdrawal of $250 or less from your wallet, you will be charged a $50 withdrawal fee.

The evaluation accounts come with a 50% consistency requirement. The funded accounts do not.

Take Profit Trader does not have DLLs on any of their accounts.

Once you get your funded account, you have to build a buffer of the size of your drawdown. Once you have done that, you can withdraw funds outside that buffer at an 80% profit split, or inside the buffer at a 50% profit split.