{"id":1387,"date":"2024-11-23T03:04:58","date_gmt":"2024-11-23T03:04:58","guid":{"rendered":"https:\/\/proptradingdeals.com\/?p=1387"},"modified":"2024-11-23T04:28:06","modified_gmt":"2024-11-23T04:28:06","slug":"why-choosing-takeprofit-trader","status":"publish","type":"post","link":"https:\/\/proptradingdeals.com\/index.php\/2024\/11\/23\/why-choosing-takeprofit-trader\/","title":{"rendered":"Why To Choose TakeProfit Trader ?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/takeprofittrader.com\/\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"830\" src=\"https:\/\/proptradingdeals.com\/wp-content\/uploads\/2023\/09\/image-41-1024x830.png\" alt=\"\" class=\"wp-image-716\" srcset=\"https:\/\/proptradingdeals.com\/wp-content\/uploads\/2023\/09\/image-41-1024x830.png 1024w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2023\/09\/image-41-300x243.png 300w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2023\/09\/image-41-768x622.png 768w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2023\/09\/image-41-750x608.png 750w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2023\/09\/image-41-150x122.png 150w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2023\/09\/image-41.png 1472w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><strong>Risk Disclosure<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trading is high-risk and not for everyone. Use only risk capital and understand the potential for losses.<\/li>\n<\/ul>\n\n\n\n<p><strong>Key Features of TakeProfit Trader<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No Micro Cost Premium<\/strong> <br>Trading micros costs the same as minis, providing cost-efficiency and flexibility.<\/li>\n\n\n\n<li><strong>Favorable Payout Policies<\/strong> <br>Quick and seamless payout process with options to withdraw via PayPal or bank.<\/li>\n<\/ul>\n\n\n\n<p><strong>Clear Rules and Support<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Straightforward rules with no hidden clauses or uncertainties.<\/li>\n\n\n\n<li>Live chat support for quick resolutions during trading hours.<\/li>\n<\/ul>\n\n\n\n<p><strong>Rewards Program<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Earn points through trading activity to reset accounts or purchase evaluations.<\/li>\n<\/ul>\n\n\n\n<p><strong>Evaluation and Account Management<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Easier evaluation without trailing drawdowns.<\/li>\n\n\n\n<li>Up to 10 funded accounts are allowed, balancing flexibility and firm protection.<\/li>\n<\/ul>\n\n\n\n<p><strong>Profit Splits and Consistency Rules<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Start with an 80\/20 split, moving to 90\/10 after $5,000 profit.<\/li>\n\n\n\n<li>No profit consistency rule on funded accounts, allowing high earnings on strong trading days.<\/li>\n<\/ul>\n\n\n\n<p><strong>Trading Restrictions<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No trading during tier-1 news events (e.g., FOMC, CPI) for a 3-minute window.<\/li>\n<\/ul>\n\n\n\n<p><strong>Cost and Promotions<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Evaluations cost $180 with $100 resets.<\/li>\n\n\n\n<li>Use promo code &#8220;<a href=\"https:\/\/takeprofittrader.com\/?referralCode=PTDEALS\" title=\"\">PTDEALS<\/a>&#8221; for the best current discount available for <a href=\"https:\/\/takeprofittrader.com\/?referralCode=PTDEALS\" title=\"\">Take Profit Trader<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>Comparison with Competitors<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>TakeProfit Trader offers better flexibility, cost-efficiency, and payout processes compared to Apex and TopStep, despite minor limitations.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/takeprofittrader.com\/?referralCode=PTDEALS\"><img decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/proptradingdeals.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-22-192631-1-1024x494.png\" alt=\"\" class=\"wp-image-1388\" srcset=\"https:\/\/proptradingdeals.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-22-192631-1-1024x494.png 1024w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-22-192631-1-300x145.png 300w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-22-192631-1-768x371.png 768w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-22-192631-1-1536x742.png 1536w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-22-192631-1-2048x989.png 2048w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-22-192631-1-750x362.png 750w, https:\/\/proptradingdeals.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-22-192631-1-150x72.png 150w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>Here\u2019s a summary of the content in 5-10 bullet points:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Account Options &amp; Costs <\/strong>\n<ul class=\"wp-block-list\">\n<li>Accounts range from $25k to $150k, with prices between $150 and $360, including the activation fee.<\/li>\n\n\n\n<li>Payment methods include credit card and PayPal.<\/li>\n\n\n\n<li>Discounts are up to 50%, but typically range from 30\u201340%.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Trading Platforms &amp; Rules<\/strong>\n<ul class=\"wp-block-list\">\n<li>Uses Tradeovate and Rhythmic as data providers.<\/li>\n\n\n\n<li>Includes a trailing drawdown and daily loss limit; exceeding the limit results in losing the account.<\/li>\n\n\n\n<li>Maximum of five accounts per trader.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Payout Features <\/strong>\n<ul class=\"wp-block-list\">\n<li>No minimum days required to request a payout after achieving a buffer.<\/li>\n\n\n\n<li>Payout is instant and sent directly to your bank account.<\/li>\n\n\n\n<li>Profit split is 80\/20.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Evaluation &amp; Pro Account <\/strong>\n<ul class=\"wp-block-list\">\n<li>Evaluation phase has a 50% consistency rule, but no such rule applies in the Pro account.<\/li>\n\n\n\n<li>Traders must exit all positions one minute before, during, and after major news events.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Pro Plus Account Transition <\/strong>\n<ul class=\"wp-block-list\">\n<li>Traders who earn $5,000 in profit on a Pro account can move to a Pro Plus account.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Additional Notes <\/strong>\n<ul class=\"wp-block-list\">\n<li>Scalping and DCA (Dollar Cost Averaging) are allowed.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"video-container\"><iframe title=\"Take Profit Trader - REVIEW - TakeProfitTrader Prop Firm Rules? - Daily payouts + no scaling plan.\" width=\"1778\" height=\"1000\" src=\"https:\/\/www.youtube.com\/embed\/m_1C-baWsM4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Risk Disclosure Key Features of TakeProfit Trader: Clear Rules and Support Rewards Program Evaluation and Account Management Profit Splits and Consistency Rules Trading Restrictions Cost and Promotions Comparison with Competitors Here\u2019s a summary of the content in 5-10 bullet points:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[55,54,1,52],"tags":[56,53,49,51,57,58,59],"class_list":["post-1387","post","type-post","status-publish","format-standard","hentry","category-apex-trader-funding-promo-deals","category-everything-about-day-trading","category-uncategorized","category-what-is-prop-trading","tag-apex-trader-funding","tag-day-trading","tag-evaluation-accounts","tag-futures-trading","tag-prop-accounts","tag-prop-evaluation-discounts","tag-take-profit-trader"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/posts\/1387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/comments?post=1387"}],"version-history":[{"count":3,"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/posts\/1387\/revisions"}],"predecessor-version":[{"id":1391,"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/posts\/1387\/revisions\/1391"}],"wp:attachment":[{"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/media?parent=1387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/categories?post=1387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/proptradingdeals.com\/index.php\/wp-json\/wp\/v2\/tags?post=1387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}