Are you exploring cheap futures prop firm evaluations with flexible rules and the chance to get funded quickly? Take Profit Trader (TPT) is one of the best prop trading firms for beginners offering low-cost evaluations, simple rules, and a smooth transition from simulated to live accounts. This comprehensive guide dives into everything traders need to know about Take Profit Trader—from evaluation fees to Pro and Pro+ account rules.
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🔍 Table of Contents
- Evaluation Account Sizes & Pricing
- Platform Compatibility & Data Feed
- Take Profit Trader Evaluation Rules
- Pro Account Overview
- Pro+ Account: The Live Funded Stage
- TPT Reward System
- Comparison with Apex Trader Funding (80% OFF Discount)
💰 Evaluation Account Sizes & Pricing
Take Profit Trader offers a range of evaluation account sizes. These are subscription-based accounts renewed monthly until the trader passes.
Here are some common account options:
| Account Size | Monthly Cost (with 40% OFF code “PTDEALS”) | Profit Target | Max Drawdown |
|---|---|---|---|
| $50,000 | $102 | $3,000 | $2,000 |
| $150,000 | $216 | $9,000 | $4,500 |
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💻 Platform Compatibility & Data Feed
TPT supports various platforms including TradingView and Trader8. Many traders prefer TradingView for its accessibility and no-cost usage. Some platforms may require a paid subscription—TPT leaves the choice to the trader.
📌 Tip: Choose a platform that fits your strategy and avoid unnecessary data fees.
📜 Take Profit Trader Evaluation Rules
TPT has 5 straightforward but critical rules:
1. Hit Your Profit Target
Each account has a set profit target you must reach to pass. For the $50K account, it’s $3,000.
2. Maximum Position Size
- $50K account: Max 6 mini contracts or 60 micros.
- Stay within your limits at all times.
3. Daily Drawdown Rule (End-of-Day)
- $50K account has a $2,000 trailing drawdown calculated at the end of each trading day.
- If you earn $1,000 on Day 1, your minimum account balance increases by $1,000 overnight.
4. Approved Products & Trading Hours
- Most products allowed (full list on their website).
- Trade only during approved hours: 6:00 PM to 5:00 PM ET (23 hours daily).
5. Consistency Rule
- Trade a minimum of 5 days.
- No single day should account for more than 50% of your total profits. If you make more, your profit target increases accordingly.
🚀 Pro Account Overview
Once you pass the evaluation, you’re moved to a Pro Account, which is still a simulated environment but allows real payouts.
Pro Account Benefits:
- ✅ 80/20 profit split (you keep 80%)
- ✅ No monthly fee
- ✅ No consistency rule
- ✅ Up to 5 Pro/Pro+ accounts at once
- ✅ Account reset option (up to 3 times per account)
Pro Account Rules:
- ❗ No open trades during major news events (CPI, FOMC, NFP)
- ❗ Must maintain a buffer equal to test drawdown ($2,000 on $50k)
- ❗ Trade at least once per calendar week
- ❗ Intraday drawdown (based on unrealized P&L) applies—be cautious!
🏁 Pro+ Account: The Live Funded Stage
When TPT deems you ready, they invite you to a Pro+ Account—your first step into live trading with real capital.
Pro+ Features:
- 💵 90/10 profit split (you keep 90%)
- 📈 Trades go directly to live market order book
- ❌ No buffer required for payouts
🔎 How do you get Pro+?
- It’s discretionary—TPT monitors consistency and risk management before offering an upgrade.
🎁 TPT Reward System
Take Profit Trader offers a unique points-based rewards system:
- 🎯 Pass a test = 250 points
- 💸 Withdraw $1,000 = 500 points
- 💳 $1 spent = 1 point earned
Points can be redeemed for:
- Free evaluation accounts
- Funded account resets
- Other trading perks
🥇 Comparison with Apex Trader Funding (With 80% OFF Lifetime Discount!)
While Take Profit Trader offers excellent value, many traders also explore Apex Trader Funding due to its deep discounts and flexible structure.
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✅ Final Thoughts: Is Take Profit Trader Worth It?
Take Profit Trader is a solid choice for beginners and experienced futures traders looking for cheap futures prop firm evaluations. With transparent rules, a strong reward system, and progression to a real funded account, TPT provides one of the best prop trading firms for beginners.
Don’t forget to also check Apex Trader Funding’s massive 80% lifetime discount if you’re looking for faster evaluations and deeper savings.
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