TakeProfitTrader

Introduction

The relatively new but rapidly growing player among them is TakeProfitTrader, or TPT. Founded in 2021, TPT positioned itself as a trader-centric prop firm, focusing on futures contracts and thus providing a streamlined, transparent experience for traders seeking funded accounts.

Unlike many traditional prop firms, TakeProfitTrader focuses on eliminating barriers, including those relating to minimum deposits and prohibitive withdrawal restrictions. With a clear mission to support a “trader-first” ecosystem, TPT unified its evaluation subscriptions, funded accounts, and free education under one roof.

Background and History

TakeProfitTrader was officially founded on January 26, 2021, and was registered as an LLC in Florida by March 28, 2021. The actual business started on April 7, 2021. The headquarters of this firm is located in Windermere, Florida, and is spearheaded by its visionary founder and chief executive officer, James M. Sixsmith.

The roots of TakeProfitTrader trace back to Sixsmith's earlier venture, Trade Context, established in 2015. Trade Context focused on trading education and connecting traders with third-party funding, distributing over $7 million in capital and educating thousands of traders. Building from that foundation, TakeProfitTrader launched in 2022 as a vertically integrated proprietary trading firm, consolidating funding, education, and evaluation into a single platform. This evolution reflects TPT's commitment to simplifying the prop trading process and eliminating what it calls "carnival rules" that often complicate trader experiences.

Key Features and Offerings

Account Types and Evaluation Process

TakeProfitTrader's core offering involves futures evaluation accounts and funded proprietary trading accounts. Traders begin by purchasing an evaluation subscription that gives them access to a simulated account of a predefined contract size, such as $50K, $100K, or $200K. The evaluation requires traders to hit profit targets while strictly controlling risk via maximum daily loss and overall drawdown limits.

Upon successful completion of the evaluation, traders can upgrade to a funded PRO Account, offering an 80/20 profit split in favor of the trader. The main highlight of the PRO Account is that it offers profit withdrawal from day one with no minimum days of trading before the first payout.

PRO+ Account

For the more advanced trader, TakeProfitTrader has the PRO+ Account: with a much better 90/10 profit split. There is no intraday limit for this account type but an end-of-day drawdown rule, and the buffer requirement in other firms is also lifted. Their PRO+ accounts usually grant access after passing multiple evaluations, typically five, by showing one's trading performance consistently.

Instruments and Trading Scope

TakeProfitTrader currently supports more than 40 different types of futures contracts, including major indices such as ES (E-mini S&P 500), NQ (E-mini Nasdaq 100), and RTY (Russell 2000), commodities, and currencies. The company has voiced plans to expand into all asset classes in an effort to grow its base beyond just futures traders.

Additional Features

No waiting periods; day-one withdrawals are available on funded accounts.

No minimum deposit requirements; traders pay only for evaluation subscriptions.

Free trading education for all users.

Live support teams operating across the US, Europe, and Asia.

Transparent, straightforward approach to prop trading.

Regulatory Compliance and Licensing

As of November 2025, TakeProfitTrader is an unregulated entity. The firm is registered in Florida as an LLC but does not have licenses from major regulatory bodies like the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) in the United States, nor does it have authorization from other major global regulators such as the FCA, ASIC, or CySEC.

This is an unregulated status that the company readily admits to, and there are also notices about this on industry databases, such as WikiFX. Traders considering TPT should weigh the benefits of its trader-friendly policies against the absence of formal regulatory oversight.

Regulator

License Number

Status

Commodity Futures Trading Commission (CFTC)

—

Unregulated

National Futures Association (NFA)

—

Unregulated

Financial Conduct Authority (FCA)

—

Unregulated

Australian Securities and Investments Commission (ASIC)

—

Unregulated

Cyprus Securities and Exchange Commission (CySEC)

—

Unregulated

Trading Conditions and Platform Technology

Trading Conditions

The trading conditions of TakeProfitTrader are unique to futures traders, who, by definition, do not deposit capital in the conventional meaning. Instead, leverage is inherently included in the future contracts, and traders pay for the evaluation subscriptions rather than upfront funding of the accounts.

TPT does not explicitly publish its spreads, as these are passed on from the underlying futures exchanges and/or a data feed provider, such as CQG or Rithmic. The result of such a setup is market-competitive pricing, which mirrors industry standards.

Feature

Details

Spreads

Determined by underlying futures exchange and data feed -- CQG, Rithmic

Leverage

Implicit in futures contracts; no explicit leverage applied

Minimum Deposit

No minimum deposit; assessment subscription fees apply

Instruments

40+ futures contracts including indices, commodities, currencies

Platform Technology

TakeProfitTrader supports more than 15 popular trading platforms, including NinjaTrader, Sierra Chart, and TradeStation. The firm uses CQG and Rithmic data feeds to deliver real-time market data and best-in-class execution quality.

Although TPT does not have a native mobile app, traders can log into their accounts through the accessibility of third-party platforms with mobile functionality. Additional features include real-time profit monitoring, risk management capabilities, and an automated withdrawal system.

Fee Structure

TakeProfitTrader's pricing is very clear-cut and built in such a way that it is transparent. Traders do not have typical deposits; instead, they purchase evaluation subscriptions for the size of the contract they would like to trade. The absence of withdrawal and inactivity fees further emphasizes the company's no-hidden-fees policy.

Fee Type

Details

Subscription Fees- Evaluation

Varies by contract size; example, $199 for $50K evaluation (2025 rates)

Profit Splitting (PRO Account)

80% to trader and 20% to TakeProfitTrader

Profit Split (PRO+ Account)

90% to trader, 10% to TakeProfitTrader

Deposit Fees

None

Withdrawal Fees

None

Inactivity Fees

None

User Experience and Market Reputation

TakeProfitTrader has received a mixed but largely positive reputation among traders and onlookers within the industry. The Better Business Bureau accredited the firm in February 2025, and no complaints were recorded to that date. Reviews are mixed on platforms such as WikiFX, where many users have praised the firm's transparency, fast payouts, and supportive live chat teams, while others are cautious due to a lack of formal regulation.

Community feedback from YouTube and trading forums variously emphasizes the following strengths: ability to withdraw profits immediately after funding, uncomplicated rules for evaluation, and free educational resources. On the other hand, some traders state that the missing mobile app and the limitation to only futures contracts are areas that need to see improvement.

Pros: Quick payouts, process clarity, great live support, free education.

Cons: Unregulated status; limited asset classes; no proprietary mobile app.

Recent Developments

In 2024 and 2025, TakeProfitTrader expanded its live support teams in different regions: the US, Europe, and Asia. It also introduced the end-of-day drawdown rule on PRO+ accounts, giving advanced traders more flexibility in managing their risk.

Although no major new products or regulatory changes were announced in 2025, TPT continued to refine its platform integration and customer service capabilities while maintaining a commitment to transparency and trader-first policies.

Conclusion

TakeProfitTrader presents an attractive offer to any futures trader who's looking for a simple and transparent way to funded accounts without going through all the hassle with deposits and restrictions on withdrawals. From its origins in trading education and clear vision of trader empowerment, TPT quickly positioned itself as one of the mid-tier prop firms, boasting some unique selling points like day-one withdrawals and free educational content. Still, prospective traders will want to consider the firm's unregulated status and current focus on futures contracts with caution before committing. Overall, TakeProfitTrader represents the modern face of proprietary trading, melding technology, education, and access to capital in a trader-friendly package.