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Take Profit Trader is a proprietary trading firm that offers funded trading accounts to traders who successfully pass their evaluation challenges, primarily focusing on futures trading.
Take Profit Trader is a prominent proprietary trading firm designed to identify, educate, and fund skilled traders in the futures market. The platform offers a unique opportunity for individuals to trade with the firm's capital, eliminating the need for traders to risk their own substantial funds. This model appeals to aspiring and experienced traders alike who possess the necessary skills but lack sufficient capital or prefer to mitigate personal financial risk.
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What is Take Profit Trader?
Take Profit Trader is a proprietary trading firm that offers individuals the opportunity to trade futures with the firm's capital after successfully passing a trading evaluation challenge.
How do I get a funded account?
You must successfully complete a trading evaluation challenge, demonstrating consistent profitability and adherence to risk management rules, to qualify for a funded account.
What trading instruments can I trade?
Take Profit Trader primarily focuses on futures trading, which includes a wide range of instruments such as stock index futures, commodities, and currencies.
What are the rules of the evaluation challenge?
Rules typically involve daily loss limits, maximum drawdown limits, profit targets, and a minimum number of trading days. Specific rules vary by account size and challenge type.
Do I get to keep all my profits?
No, traders typically receive a significant profit split (e.g., 80-90%) of the profits generated in a funded account, with the firm retaining the remainder.