What is Take Profit Trader?

Take Profit Trader homepage

Take Profit Trader is a futures proprietary-trading evaluation firm, and it is a real, established company. TAKEPROFITTRADER LLC is an active Florida entity (doc# L21000145354) registered on 28 March 2021, operating from Windermere, Florida, managed through Oslo Six entities tied to founder and CEO James M. Sixsmith, who previously founded Trade Context in 2015 and co-founded SpeedUp Trader. By April 2026 it ran roughly 179 employees, unfunded, and in September 2025 it added senior hires from Schwab/Fiserv and BNY Mellon. This is not a fly-by-night brand.

The product works in three tiers. You buy a one-step “Test” evaluation on a monthly subscription with no time limit. Clear a uniform 6% profit target without breaching the drawdown, trade at least five days, and you can upgrade to PRO, a simulated-funded account. Accumulate $5,000 in PRO profit and you are promoted (automatically since 18 March 2026) to PRO+, the only live tier, executed through Tradovate. The important and under-advertised detail is that Test and PRO are simulated. Your “funded” account is a simulation until PRO+. That is normal for the sector, but it matters for how you read the rules.

Our verdict

Take Profit Trader earns a 6.8 / 10. It is a legitimate, long-running firm with a genuinely dominant fast-payout reputation and a cheap entry point, and the executing venue (Tradovate) is a real CFTC-registered FCM. We dock it hard for the evaluation-rules problem at the centre of this review, the EOD-to-intraday drawdown switch, plus a BBB “Pattern of Complaints” alert, a payout-transparency gap, and single-broker dependency. It is a good firm to get paid by and a punishing one to stay funded with.

We assess Take Profit Trader from Florida corporate filings, CFTC/NFA registries, third-party rule and pricing trackers, Trustpilot, the BBB, and aggregated trader reports. We have not purchased an evaluation or traded an account.

Key features & specs

The spec table below maps account size to the levers that actually matter for a prop evaluation: the monthly Test fee, the 6% profit target, the max drawdown in dollars, and the profit split. Two framing notes before you read it. First, all pricing is third-party-sourced because the firm's own pages returned 403 errors at review time, so treat the numbers as well-corroborated but not lifted from the vendor. Second, the profit-split column tells only half the story: the split is identical across sizes (PRO 80/20, PRO+ 90/10), so the real differentiator between tiers is the drawdown mechanic, not the headline numbers.

SpecificationsAll values cited from public sources
AttributeValueSource
Firm & track recordReal, active 2021 Florida entity (TAKEPROFITTRADER LLC, doc# L21000145354, effective 28 Mar 2021), Windermere FL, managed via Oslo Six entities tied to founder/CEO James M. Sixsmith (ex-hockey; founded Trade Context 2015). ~179 employees, unfunded; Sept 2025 senior hires from Schwab/Fiserv and BNY MellonFlorida Sunbiz
Regulatory statusThe prop program is NOT a regulated brokerage relationship — TPT is not a CFTC FCM/IB/CPO/CTA and not an NFA member, and is currently not required to register under its model. Test/PRO are simulated; only live PRO+ touches real markets, executed through Tradovate LLC, a genuinely CFTC-registered FCM / NFA member. No CFTC/NFA action names TPT or SixsmithCFTC/NFA BASIC
Evaluation modelOne-step “Test” evaluation (monthly subscription, no time limit) → PRO (simulated-funded, real payouts) → PRO+ (live Tradovate, auto-promotion since 18 Mar 2026 after $5,000 PRO profit). Uniform 6% profit target; min 5 trading days before the PRO upgradeTake Profit Trader
Account sizes & feesTest monthly fee $150 (25K) / $170 (50K) / $245 (75K) / $330 (100K) / $360 (150K); flat $100/mo before May 2026. Fee non-refundable once trading starts; one free reset per cycle, extra Test reset $100. PRO activation $130 one-time (often promo-waived), PRO+ $0; no monthly fee on PRO/PRO+. PRO resets $399–$1,499 by size (max 3). Pricing third-party-sourced (firm pages 403 at review time)Third-party trackers
Max drawdownTHE SPINE. Test = END-OF-DAY trailing (updates once daily at 5pm ET close on the highest closing balance, does not move intraday, locks static at the starting balance). PRO = INTRADAY trailing (follows the real-time equity peak including unrealized gains; every new high tightens the floor). PRO+ = reverts to EOD trailing. Amounts $1,500 / $2,000 / $2,500 / $3,000 / $4,500. Daily loss limit removed Jan 2025Rule docs (third-party-reproduced)
Profit splitPRO 80/20, live PRO+ 90/10, applied from the first payout (not a 100%-first model). PRO withdrawals require clearing a buffer zone (starting balance + max drawdown, e.g. $50K must reach $52,000) before 80% unlocks; PRO+ has no bufferTake Profit Trader
PayoutsOn-demand once the PRO buffer is cleared (PRO+ none), no max cap; ~24 business hours to wallet then ~12h admin approval. $50 fee on withdrawals <=$250, free above. Plaid/ACH (US), PayPal/Wise (intl), Wise (LLC); 1099-NEC issued. No published audited cumulative payout total; all proof self-reportedTake Profit Trader
Platform & productsFutures only (no options); 15+ platforms including NinjaTrader, Tradovate, TradingView, Quantower and R|Trader, data via CQG/Rithmic. Commissions $5.00 std / $0.50 micro round-trip. Flat by 5pm ET daily, no overnight/weekend holds; contract limits scale by size and exceeding them fails the account. No proprietary mobile appTake Profit Trader

Pricing & value

The entry cost is genuinely low. The cheapest path is a $25K Test at $150 per month plus a one-time $130 PRO activation that is frequently waived by promo code. From 2021 until May 2026 the Test was a flat $100 per month at any size; the new tiered schedule runs $150 (25K) up to $360 (150K). Because the Test is a subscription with no time limit, the true cost is whatever you pay while you grind toward the 6% target, and the firm's own self-reported pass rates (20.37% in 2023, falling to 16.86% in 2024, unaudited) tell you the realistic answer is “several months for most people.”

The fee is non-refundable once you start trading, you get one free reset per billing cycle, and extra Test resets cost $100. PRO carries no monthly fee, but PRO resets are expensive ($399 to $1,499 by size), capped at three before the account is permanently closed, and PRO+ cannot be reset at all (a breach closes it for good). Commissions are standard-to-cheap at $5.00 per standard round-trip and $0.50 micro. Against typical peers, the entry is competitive and the split is normal. The cost that does not appear on the pricing page is the cost of the rule structure: a buffer zone you must clear before any withdrawal, and a reset ladder that gets punishing fast. Cheap to start, not cheap to recover from a breach.

Trading CostCheapest path: $25K Test ($150/mo) + $130 PRO activation, often promo-waived
Cost to get funded:$150/mo + $130 one-time (often waived)
Test fee non-refundable once trading starts; one free reset per billing cycle; PRO activation $130 frequently promo-waived; no monthly fee on PRO/PRO+
Based on the the $25K Test (one-step) plus PRO activation at Take Profit Trader pricing ↗, accessed June 2026. Cheapest path; pricing is third-party-sourced because the firm's own pages returned 403 at review time, and the Test rebills monthly until you pass or cancel, so a slow evaluation costs far more than the headline..
Account TypesTest eval (one-step): size to fee range $150–$360/mo, with PRO/PRO+ rules
Account sizeTest feeProfit targetMax drawdownProfit split
$25K$150/mo$1,500 (6%)$1,500 (EOD Test/PRO+, intraday PRO)PRO 80/20, PRO+ 90/10
$50K$170/mo$3,000 (6%)$2,000 (EOD Test/PRO+, intraday PRO)PRO 80/20, PRO+ 90/10
$75K$245/mo$4,500 (6%)$2,500 (EOD Test/PRO+, intraday PRO)PRO 80/20, PRO+ 90/10
$100K$330/mo$6,000 (6%)$3,000 (EOD Test/PRO+, intraday PRO)PRO 80/20, PRO+ 90/10
$150K$360/mo$9,000 (6%)$4,500 (EOD Test/PRO+, intraday PRO)PRO 80/20, PRO+ 90/10

Legitimacy & payout safety

This is the section that should decide your purchase, and it splits cleanly into “who you are dealing with” and “the rule that will most likely end your account.” On legitimacy, Take Profit Trader is about as solid as an unregulated eval firm gets. The corporate entity is real and active, the founder is named and has a verifiable track record, the headcount is substantial, and there is no CFTC or NFA enforcement action against the firm or Sixsmith. Crucially, live PRO+ execution runs through Tradovate LLC, a genuine CFTC-registered FCM and NFA member, so CFTC Reg 1.20 segregation applies to funds held at Tradovate.

That said, you must be clear-eyed about what this is and is not. Take Profit Trader is not a broker, is not CFTC- or NFA-registered, and is currently not required to register under its model (no customer deposits, no pool, not acting as principal). The CFTC is weighing whether to classify eval prop firms as CTAs, but there is no final rule as of mid-2026, so read “currently not required” rather than “permanently exempt.” Test and PRO are simulated; only PRO+ touches real markets. You are buying an unregulated, mostly-simulated evaluation product, and your protection is the firm's reputation, not a regulator.

That reputation, on payouts, is strong. The dominant theme across thousands of reviews is fast money: approvals inside 24 hours and funds the same or next business day, with named support staff repeatedly thanked. Withdrawals are on-demand once the PRO buffer is cleared (PRO+ has no buffer), there is no maximum cap, and the mechanics are concrete. The honest caveat: there is no published, audited cumulative payout total. Every piece of “proof” is self-reported, individual screenshots on Trustpilot or dashboards. We will not state an aggregate paid-out figure as fact, and neither should the firm's marketing. Now the rule that matters most, stated plainly below.

Regulation & Risk: Terms QuoteVerbatim from the client agreement

On the PRO sim-funded account the trailing maximum drawdown is calculated intraday and tracks the account's highest real-time equity (including unrealized gains), so each new equity peak raises the loss floor; on the Test evaluation and on PRO+ the same trailing drawdown is instead measured end-of-day on the highest closing balance.

Take Profit Trader Terms of Service, Drawdown rules (paraphrased from third-party-reproduced help content; firm pages returned 403), accessed June 2026 TOS ↗

On the Test evaluation, the maximum drawdown is end-of-day trailing: it updates once daily at the 5pm ET close on your highest closing balance, does not move intraday, and locks static once it reaches your starting balance. That is forgiving. It lets unrealized gains breathe during the session. When you upgrade to PRO, the same drawdown becomes intraday trailing: it follows your real-time equity peak including unrealized gains, so every new high tightens the loss floor immediately, and a profit you let run and then give back can breach you even though your closing balance never fell. This is the bait-and-switch at the heart of “easy to pass, hard to keep.” The kicker is that PRO+ reverts to EOD trailing, so the harshest rule applies precisely on the simulated middle tier where most funded traders live. Static drawdown is a line you cannot cross; EOD trailing is a line that ratchets up once a day; intraday trailing is a line that chases your equity in real time. Knowing which one you are trading under is the single most important thing about this firm.

Two more risks belong here. First, a documented complaint cluster: the BBB lists Take Profit Trader as accredited since 7 February 2025 but currently “Not Rated” with an active Pattern of Complaints alert, 234 complaints in three years. The most serious are profit forfeitures and account terminations for unproven “bot trading” and Rule-6 counter-position flags, with the firm responding that decisions are final. Second, platform concentration: live execution depends on Tradovate alone, and a 28 January 2026 Tradovate outage left positions stuck for roughly two days with no announced backup execution route. One aggregator, WikiFX, scores the firm around 1.3/10 and ran a “trade manipulation” article, but WikiFX is documented pay-to-play and not objective, so we flag it and weight it near zero.

What traders say

The aggregate picture is genuinely positive on the surface: Trustpilot sits at 4.4 / 5 across roughly 9,250 reviews, around 80% five-star. Read it with two filters on. About 31% of reviews are invited or verified, and the five-star skew is dominated by very short “fast payout” posts, exactly the kind of review a payout naturally prompts. The roughly 11.8% one-star reviews (about 1,100) are where the substance lives, and they cluster tightly: the EOD-to-intraday drawdown switch (a “sneak attack,” October 2025); account terminations after profitability for Rule-6 counter-position flags (platform latency as brief as roughly six seconds blamed) and “coordinated activity” bans with no evidence or appeal; payout-delay complaints despite the fast-payout branding (“withdrawals take one day, but in reality they take more than a week,” December 2025); and the steep PRO reset fees.

The two anchor quotes capture both poles. On the upside, a Trustpilot reviewer thanks “admin Jenn,” says they received the email to move to a live account, and writes, “From 2 accounts, I've now made $10K, and this is just the beginning.” On the downside, a BBB complaint filed 23 March 2026 seeks redress for “the wrongful forfeiture of $7,000 in earned profits and the termination” of accounts flagged for bot trading, complaining that the firm “failed to provide any technical proof (such as API logs or software) because none exists.” Both are real, and both are true to the pattern: most people get paid fast; a minority hit an opaque rule wall and find decisions are final.

Third-Party Review ScoresAggregated from external sources
PlatformScoreSampleSource
Trustpilot4.4 / 5~9,250 reviewsSource ↗
BBBNot Rated (Pattern of Complaints)234 complaints (3 yrs)Source ↗
Aggregate4.4 / 5~9,250 Trustpilot reviewsNormalized by TheFXGeek
Community SentimentOne representative positive, one critical

Just received my payout and also got the email to move to a live account, big milestone. Special thanks to admin Jenn for the support. From 2 accounts, I've now made $10K, and this is just the beginning.

Trustpilot reviewer, Trustpilot, 2025 source ↗

I am writing regarding the wrongful forfeiture of $7,000 in earned profits and the termination of my accounts, flagged for bot trading. TPT has failed to provide any technical proof (such as API logs or software) because none exists.

BBB complainant, BBB, 23 Mar 2026 source ↗

Pros & cons

The balance here is unusually stark, because the strengths and weaknesses sit in different parts of the funnel: the entry and the payout are good, the middle (staying funded on PRO) is where the firm loses people. Read the pros as why people buy and recommend it, and the cons as what ends accounts.

Pros
  • Genuinely fast, on-demand payouts (approvals within ~24h, funds same/next business day) dominate ~9,250 Trustpilot reviews
  • Cheap, time-unlimited one-step Test (from $150/mo at $25K; flat $100/mo pre-May 2026)
  • $130 PRO activation frequently waived by promo; PRO+ activation now $0 (auto since 18 Mar 2026)
  • No daily loss limit since January 2025 across all phases
  • Real, established 2021 Florida LLC with a named founder and ~179 staff
  • Live PRO+ execution via Tradovate, a genuinely CFTC-registered FCM
  • 15+ platforms (NinjaTrader, Tradovate, TradingView, Quantower, R|Trader), cheap commissions ($5 std / $0.50 micro), no max payout cap
  • Forgiving EOD trailing drawdown and no news restriction on the Test evaluation
Cons
  • The drawdown switch: forgiving EOD trailing on Test becomes punishing intraday trailing (tracking unrealized gains) on funded PRO, the root of “easy to pass, hard to keep”
  • BBB “Not Rated” with an active Pattern of Complaints alert (234 complaints), including profit-forfeiture and termination complaints for unproven “bot trading” with “decisions are final” responses
  • No published audited cumulative payout total; all proof self-reported
  • Single-broker Tradovate dependency, exposed by the ~2-day Jan 28, 2026 outage with no backup route
  • Unregulated, mostly-simulated product (only PRO+ is live); steep PRO resets ($399–$1,499)

Take Profit Trader vs alternatives

Against the broader prop-firm field, Take Profit Trader's advantages are its low subscription entry, its no-daily-loss-limit structure (removed January 2025), its on-demand payouts, and a payout reputation that most forex-CFD eval firms cannot match. Its futures-only, Tradovate-routed model also kept it clear of the 2024 MetaQuotes prop purge and the wave of forex-eval collapses (True Forex Funds, SurgeTrader, The Funded Trader), none of which were futures firms. The My Forex Funds CFTC case was dismissed in May 2025, easing sector-wide regulatory dread.

Where it loses ground is the rule fairness and transparency that peers increasingly compete on. A firm offering static or EOD-only drawdown on the funded account, an audited cumulative payout total, or a published appeals process would beat Take Profit Trader on exactly the axes its critics attack. The intraday PRO drawdown and the “decisions are final” complaint posture are real competitive weaknesses, not nitpicks.

How Take Profit Trader compares to the next tools in our prop firms ranking:

MetricTake Profit TraderFundingPipsTradeify
Our score6.8/107.4/107.3/10
Starting priceFrom $150/mo TestFrom $36 evaluationFrom $99 one-time
Best forDisciplined intraday futures traders who bank gains and flatten before the closeDisciplined traders who want low-cost, no-time-limit evaluations with verifiable payoutsDisciplined intraday futures traders who want one-time fees and a forgiving EOD-trailing drawdown
RegulationOffshoreOffshoreOffshore
Full reviewThis pageFundingPips review →Tradeify review →

In short: FundingPips edges ahead of Take Profit Trader in the overall ranking, but disciplined intraday futures traders who bank gains and flatten before the close is where Take Profit Trader makes its strongest case.

Who is Take Profit Trader for?

Use Take Profit Trader if…

Use it if you are a disciplined intraday futures trader who flattens before the close anyway, you want a cheap, time-unlimited path to funding, you value fast on-demand payouts above all else, and you fully understand that the PRO tier punishes letting winners run. The firm rewards traders who bank gains promptly and never carry unrealized profit into a drawdown squeeze.

Skip it if…

Skip it if you trade a style that needs room for unrealized gains, you hold overnight or through major news, you rely on automation on PRO (allowed on Test and PRO+ but not PRO, an inconsistency that has triggered terminations), or you cannot stomach a model where an opaque “coordinated activity” or counter-position flag can forfeit profits with no appeal.

Final verdict

Take Profit Trader is a legitimate firm that pays fast and cheaply lets you in, wrapped around a funded-account drawdown rule that is engineered to be hard to survive. If you respect the intraday trailing floor on PRO, flatten before the close, and bank profits rather than ride them, you will likely join the chorus thanking Jenn for a same-day payout. If you do not, you risk joining the BBB complaint file. The score, 6.8 / 10, reflects exactly that split: strong on payout and legitimacy, dragged down by evaluation-rule fairness, a complaint pattern, and a transparency gap that the firm could close tomorrow by publishing audited payout data and a real appeals process.

Ready to try it?
Take Profit Trader, score 6.8/10

A cheap, fast-paying futures evaluation whose funded PRO account swaps a forgiving end-of-day drawdown for a punishing intraday trailing one. Open a demo account to try the platform risk-free, then fund a live account when you're ready. Trading carries risk.

Try Take Profit Trader

Frequently asked questions

It is a legitimate, active 2021 Florida LLC (doc# L21000145354) with a named founder, ~179 employees, and live execution through Tradovate, a CFTC-registered FCM. It is not a regulated broker, and one pay-to-play aggregator (WikiFX) flags it negatively, but no CFTC or NFA enforcement action names the firm.
The dominant theme across ~9,250 Trustpilot reviews (4.4/5) is fast, on-demand payouts, with approvals inside ~24 hours and funds the same or next business day. The caveat is that there is no audited cumulative payout total, so all proof is self-reported individual screenshots.
It is a one-step “Test” on a monthly subscription with no time limit: hit a uniform 6% profit target without breaching the drawdown and trade at least 5 days, then upgrade to PRO (simulated-funded), and reach $5,000 PRO profit to be auto-promoted to live PRO+.
The Test runs $150/mo (25K) up to $360/mo (150K), plus a one-time $130 PRO activation that is frequently promo-waived (pricing is third-party-sourced as the firm's pages were 403 at review time). The Test fee is non-refundable once trading starts; you get one free reset per billing cycle.
The Test uses a forgiving end-of-day trailing drawdown that updates once daily at the 5pm ET close and locks static at your starting balance. The funded PRO account switches to an intraday trailing drawdown that follows your real-time equity peak including unrealized gains, while PRO+ reverts to end-of-day trailing.
Because the Test's forgiving EOD drawdown lets unrealized gains breathe, but PRO's intraday trailing drawdown tightens the floor on every new equity high, so giving back an unrealized profit can breach you even if your closing balance never fell.
PRO pays 80/20 and live PRO+ pays 90/10, and the split applies from your very first payout rather than a 100%-first model. PRO withdrawals require clearing a buffer (starting balance + max drawdown) first; PRO+ has no buffer.
Payouts are on-demand once the PRO buffer is cleared (PRO+ has none), with no maximum cap; expect roughly 24 business hours to wallet then ~12 business hours admin approval. Withdrawals of $250 or less carry a $50 fee, larger ones are free, and a 1099-NEC is issued.
Personal automation and copy-trading within your own accounts via approved tools is allowed, but cross-account/multi-user copying and hedging across accounts are prohibited, and automation is inconsistently treated (allowed on Test and PRO+, not PRO). The news-flat rule (FOMC/NFP/CPI) applies on PRO/PRO+ only; the Test has no news restriction, and all positions must be flat by 5pm ET.
Take Profit Trader is futures-only and supports 15+ platforms including NinjaTrader, Tradovate, TradingView, Quantower, and R|Trader, with data via CQG/Rithmic and live execution through Tradovate. There is no proprietary TPT mobile app.
Its low time-unlimited entry, no daily loss limit, and fast on-demand payouts beat most forex-CFD eval firms, and its futures-only model kept it clear of the 2024 forex-prop collapses. It loses ground on rule fairness (the intraday PRO drawdown) and transparency (no audited payout total, “decisions are final” complaints) versus peers offering static drawdown or published appeals.

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