User Reviews

Regulation Analysis

TakeProfitTrader operates through partnerships with regulated futures brokers, primarily Tradovate for live (PRO+) accounts. While TakeProfitTrader itself is not directly regulated by the National Futures Association (NFA) or Commodity Futures Trading Commission (CFTC), they maintain compliance by routing all trades through regulated brokers and using CME-approved data providers. This structure ensures that client trading activities are conducted within the established regulatory framework for futures trading in the United States. The company emphasizes that their use of regulated brokers means all orders are processed without manipulation or interference, providing traders with direct market access. Client funds are handled through regulated broking partners, offering an additional layer of security. However, traders should note that while the executing brokers are regulated, TakeProfitTrader’s evaluation and funding programs themselves fall outside direct regulatory oversight. The company maintains transparency about this arrangement and compensates through strict internal risk management policies and clear operational guidelines.

Trading Products

• Futures Trading: Exclusive access to futures contracts listed on major CME Group exchanges including CME, COMEX, NYMEX, and CBOT
• Index Futures: Popular instruments including E-mini S&P 500, E-mini Nasdaq 100, E-mini Russell 2000, and Micro E-mini contracts
• Commodity Futures: Access to energy products (Crude Oil, Natural Gas), metals (Gold, Silver), and agricultural commodities
• Interest Rate Futures: Treasury futures contracts across various durations
• Trading Hours: Access during regular CME trading hours with overnight sessions available for applicable contracts
• Notable Restriction: No forex, stocks, cryptocurrencies, options, or CFDs available – strictly futures trading only

Trading Platforms

TakeProfitTrader provides access to professional-grade futures trading platforms through their broker partnerships. The main supported platforms include:

• Tradovate: Modern, cloud-based futures trading platform with advanced charting capabilities, custom indicators, and mobile access
• NinjaTrader: Professional-grade platform offering advanced charting, market analysis tools, and customizable trading interfaces
• Rithmic: Institutional-quality platform providing direct market access and advanced order routing capabilities
• Mobile Trading: Access through platform-specific mobile apps enabling trading on iOS and Android devices
• Web-Based Access: Browser-based trading interfaces available through supported platforms
• Platform Features: Real-time quotes, advanced charting tools, market depth information, and professional-grade order execution capabilities

Deposit and Withdrawal

• Account Funding: Initial evaluation account purchase required with various funding levels available
• Payment Methods: Credit/debit cards, wire transfers, and select electronic payment processors accepted
• Withdrawal Process: Minimum withdrawal amount of $250 (penalty fee of $50 for smaller withdrawals)
• Payout Schedule: Regular withdrawal processing for funded accounts with successful trading history
• Account Currencies: USD-denominated accounts only
• Verification Requirements: Standard KYC documentation required for funded accounts
• Processing Times: Typically 1-3 business days for withdrawal processing once approved

Customer Support

TakeProfitTrader provides comprehensive customer support services with consistently positive feedback from traders. Support channels include:

• Email Support: Dedicated support team with quick response times, typically within 24 hours
• Live Chat: Available during primary trading hours with rapid response times
• Knowledge Base: Extensive documentation covering platform rules, requirements, and trading guidelines
• Trading Hours Support: Assistance available during main futures trading sessions
• Account Management: Personal support for funded traders with dedicated account representatives

Notable support team members like Raci, Susie, and Kath have received specific praise in customer reviews for their professionalism and problem-solving abilities.

FAQ

Q: How does TakeProfitTrader’s evaluation process work?
A: TakeProfitTrader offers a streamlined 5-day evaluation process for futures traders. Unlike traditional prop firms with lengthy combine periods, successful traders can begin earning immediately upon passing the evaluation. The process focuses on demonstrating consistent trading ability while adhering to specific drawdown and profit target rules. There are no complex multi-phase requirements, making it more straightforward than many competitor programs.

Q: What are the differences between PRO and PRO+ accounts?
A: PRO accounts feature intraday drawdown calculations and standard profit sharing, while PRO+ accounts offer enhanced benefits including end-of-day drawdown calculations, 90/10 profit split, and no buffer requirements. PRO+ accounts are designed for more experienced traders who have demonstrated consistent profitability and risk management skills.

Q: What trading restrictions are in place?
A: TakeProfitTrader prohibits automated trading or trading bots of any kind – all trades must be manually executed. They only allow futures trading through CME Group exchanges, with no access to forex, stocks, or cryptocurrencies. Specific drawdown limits and risk management rules must be followed to maintain funded status.

Q: How does the withdrawal process work?
A: Withdrawals require a minimum amount of $250, with a $50 penalty fee applied for attempting smaller withdrawals. Successful traders can request regular withdrawals from their profit share, which are typically processed within 1-3 business days. All withdrawals must comply with the platform’s rules and verification requirements.