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TakeProfitTrader

4.3 / 10 Overall Score

Website: https://takeprofittrader.com
Jurisdiction: United States
Operating Since: 2-5 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: TakeProfitTrader LLC
Phone: —
Email: —
Address: 1317 Edgewater Drive #3797 Orlando, FL 32804

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# TakeProfitTrader Company Overview

TakeProfitTrader company is a proprietary trading firm based in the United States, specializing in funded futures trading accounts. Established on January 26, 2021, the firm aims to empower traders by providing access to capital once their trading skills are verified. The company offers various account sizes and a structured evaluation process to ensure that traders can prove their consistency and risk management abilities.

The headquarters of TakeProfitTrader is located in Orlando, Florida. The firm operates primarily within the U.S. market but aims to serve a global clientele, focusing on futures contracts across various asset classes, including commodities, indices, and currencies.

# Corporate Development

Since its inception, TakeProfitTrader has focused on establishing a straightforward and accessible pathway for traders to obtain funded accounts. The firm utilizes a one-step evaluation model, allowing traders to quickly demonstrate their abilities and gain access to capital. Notable milestones include the introduction of a tiered profit-sharing system, where traders can earn up to 90% of their profits, and the launch of a points reward system for its users.

# Corporate Structure and Subsidiaries

TakeProfitTrader operates as an independent entity without publicly disclosed subsidiaries or branches. The internal organization is led by CEO James Sixsmith, who has prior experience in the trading and financial sectors. The company maintains a streamlined structure, focusing on the evaluation and funding of traders rather than diversifying into unrelated financial services.

# Regulation and Compliance

TakeProfitTrader operates as an unregulated entity, meaning it does not hold licenses from major financial regulatory authorities such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC). The firm emphasizes transparency and compliance with industry standards, utilizing regulated brokers like Tradovate and NinjaTrader for executing trades. It is important to note that as a proprietary trading firm, TakeProfitTrader is not required to be regulated by the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC).

The company does not disclose specific client fund protection policies, such as fund segregation or insurance, which is a critical aspect for potential clients to consider.

# Global Presence and Market Coverage

TakeProfitTrader primarily serves the U.S. market, with aspirations for global reach. While there are no specific details regarding local branches or representative offices outside of the U.S., the firm engages in partnerships with regulated brokers and data providers to ensure a robust trading environment. The market segment focuses on aspiring traders looking for opportunities in futures markets, catering to a demographic that includes both novice and experienced traders.

# Financial and Operational Data

The firm has not publicly disclosed specific financial data, including the size of operations in terms of employees or customer numbers. However, it is indicated that TakeProfitTrader offers funded accounts with a maximum size of $150,000 and utilizes a subscription model for traders to access these accounts. The operational structure is supported by various trading platforms, including NinjaTrader and TradingView, and it provides 24/7 customer support.

# Reputation and Industry Standing

TakeProfitTrader has received a mix of reviews from traders, with a significant portion of positive feedback highlighting the firm’s customer service and rapid funding process. The company has garnered attention within the proprietary trading community, although it faces scrutiny due to its unregulated status. Overall, the firm is perceived as a credible option for traders seeking funding, but potential clients are advised to conduct thorough research regarding its operational integrity and compliance.

# Summary

In summary, TakeProfitTrader company operates as a proprietary trading firm focused on futures trading, providing aspiring traders with the opportunity to access funded accounts through a straightforward evaluation process. While it lacks regulatory licenses, the firm emphasizes transparency and utilizes regulated brokers for trade execution. Its operational model aims to support traders in achieving profitability while maintaining a focus on risk management. As with any trading firm, potential clients should carefully evaluate the implications of its unregulated status and the associated risks before engaging with its services.

Account Types

# TakeProfitTrader Account Types

TakeProfitTrader offers a variety of account types tailored for different trading needs. Here is an overview of the available accounts:

| Account Type | Minimum Deposit | Commission/Spreads | Leverage Limits | Trading Instruments | Base Currencies | Execution Model | Unique Features |
|--------------|-----------------|---------------------|------------------|---------------------|------------------|------------------|------------------|
| **Pro Account** | $25,000 | $5 per round turn for mini contracts, $0.50 for micro contracts | Not specified | 40+ futures contracts | USD | Not specified | One-time activation fee of $130, 80% profit split |
| **Pro+ Account** | $50,000 | Variable based on platform | Not specified | 40+ futures contracts | USD | Not specified | 90% profit split, access to live markets |
| **Standard Accounts** | $150 | Not specified | Not specified | Not specified | Not specified | Not specified | Monthly fees range from $150 to $360 based on account size |

*Note: Specific details such as execution models and base currencies for each account type are not fully provided.*

# TakeProfitTrader Broker Account Opening Process

To open an account with TakeProfitTrader, follow these steps:

1. **Visit the Account Registration Page**: Go to the official TakeProfitTrader website and click on “Get Started Now” to initiate the registration process.

2. **Complete the Application**: Fill out the required application form with personal information including your name, email, and password.

3. **Identity Verification**: After submitting the application, confirm your email via the verification link and proceed to verify your identity by providing necessary documents such as a government-issued ID and proof of address.

4. **Funding Your Account**: Once your account is approved, you will need to fund your account. The minimum deposit varies based on the account type selected.

5. **Approval Time**: The approval process for your account is typically quick, allowing you to start trading soon after funding.

6. **Select a Trading Platform**: After registration and funding, you will have access to various trading platforms offered by TakeProfitTrader.

*Note: Specific details about KYC requirements, minimum funding methods, and approval times are not fully detailed.*

Deposit & Withdrawal

# TakeProfitTrader Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## TakeProfitTrader Minimum Deposit Explained

### Minimum Deposit Amount
The minimum deposit required to open an account with TakeProfitTrader is **$150**. This amount grants access to their funding programs and trading opportunities.

### Account-Type Comparison
TakeProfitTrader offers various account types based on the funding amount, with each type presenting different features and profit-sharing models. The following are the primary account types:

- **$25,000 Account**: $150 monthly fee
- **$50,000 Account**: $170 monthly fee
- **$75,000 Account**: $245 monthly fee
- **$100,000 Account**: $330 monthly fee
- **$150,000 Account**: $360 monthly fee

### Regional Differences
The minimum deposit requirement is consistent across regions, with no regional variations reported. However, the availability of deposit methods may differ based on the trader's location.

### Advantages
1. **Low Entry Barrier**: The $150 minimum deposit makes it accessible for new traders.
2. **Rapid Funding**: Traders can access their accounts quickly, often within five days.
3. **Diverse Account Options**: Multiple account sizes cater to different trading styles and risk appetites.
4. **Immediate Profit Access**: Traders can withdraw profits from day one of the pro account.

### Disadvantages
1. **Monthly Fees**: The ongoing monthly fees can accumulate, especially for larger accounts.
2. **Limited Instruments**: Focused mainly on futures trading, which may not appeal to all traders.
3. **No Demo Accounts**: Lack of a demo account can hinder practice opportunities for new traders.
4. **Strict Risk Management**: Daily loss limits and drawdown rules may restrict trading strategies.

### Competitor Comparison
Compared to other proprietary trading firms, TakeProfitTrader's minimum deposit is competitive. For instance, firms like **My Funded Futures** and **FundedNext** have similar or lower entry fees, but they may offer different trading conditions or profit-sharing structures.

## TakeProfitTrader Deposit Methods Comprehensive Guide

TakeProfitTrader provides a variety of deposit methods to accommodate different trader preferences. Below is an overview of the available deposit methods:

### 1. Debit/Credit Card
- **Processing Time**: Instant
- **Fees**: No fees reported
- **Availability**: Widely available
- **Limits**: Minimum of $150; maximum limits may vary based on card issuer
- **Pros**: Quick and easy; familiar method for most users
- **Cons**: May not be available in all regions depending on the bank

### 2. PayPal
- **Processing Time**: Instant
- **Fees**: No fees reported
- **Availability**: Available in most regions
- **Limits**: Minimum of $150; maximum limits may vary
- **Pros**: Secure and widely recognized; user-friendly interface
- **Cons**: Requires a PayPal account; may not be available in all countries

### 3. Bank Transfer
- **Processing Time**: 1-3 business days
- **Fees**: May incur bank fees
- **Availability**: Available globally
- **Limits**: Minimum of $150; maximum limits may depend on the bank
- **Pros**: Suitable for larger deposits; secure
- **Cons**: Slower processing time compared to other methods

### Supported Currencies and Recommended Methods
TakeProfitTrader primarily supports deposits in **USD**. For speed and convenience, using **debit/credit cards** or **PayPal** is recommended for immediate access to trading accounts.

## TakeProfitTrader Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log In to Your Account**: Access the TakeProfitTrader platform using your credentials.
2. **Navigate to the Deposit Section**: Find the deposit option in your account dashboard.
3. **Select Your Preferred Method**: Choose from available methods (credit card, PayPal, bank transfer).
4. **Enter Deposit Amount**: Input the amount you wish to deposit (minimum $150).
5. **Confirm and Submit**: Review the details and confirm the transaction.

### Mobile vs. Web Differences
The deposit process is similar on both mobile and web platforms, with the mobile app offering a streamlined interface for quick transactions.

### KYC Notes and Common Issues
Traders may need to complete KYC (Know Your Customer) verification, which involves submitting identification documents. Common issues include:
- **Delayed Verification**: Ensure documents are clear and complete to avoid delays.
- **Payment Rejections**: Check with your bank or payment provider if a transaction fails.

### Typical Fund Crediting Times
Deposits via debit/credit cards and PayPal are typically credited instantly, while bank transfers may take 1-3 business days.

## TakeProfitTrader Withdrawal Methods Overview

TakeProfitTrader offers several withdrawal channels to ensure traders can access their profits efficiently. The following are the available methods:

### 1. ACH (Automated Clearing House)
- **Processing Time**: 1-2 business days
- **Fees**: No fees reported
- **Currency**: USD
- **Limits**: No minimum withdrawal limit; must be in the buffer zone
- **Pros**: Cost-effective; widely used in the US
- **Cons**: Limited to US bank accounts

### 2. Bank Wire
- **Processing Time**: 1-3 business days
- **Fees**: Potential bank fees apply
- **Currency**: USD
- **Limits**: No minimum withdrawal limit; must be in the buffer zone
- **Pros**: Suitable for larger withdrawals; secure
- **Cons**: Slower compared to other methods

### 3. PayPal
- **Processing Time**: Typically within 1 business day
- **Fees**: No fees reported
- **Currency**: USD
- **Limits**: No minimum withdrawal limit; must be in the buffer zone
- **Pros**: Fast and convenient; widely accepted
- **Cons**: Requires a PayPal account

## TakeProfitTrader Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log In to Your Account**: Access your TakeProfitTrader account.
2. **Go to the Withdrawal Section**: Locate the withdrawal option in your account dashboard.
3. **Select Your Withdrawal Method**: Choose from ACH, bank wire, or PayPal.
4. **Enter Withdrawal Amount**: Specify the amount you wish to withdraw.
5. **Confirm and Submit**: Review and confirm the withdrawal request.

### ID Verification Requirements
Traders may need to verify their identity when making a withdrawal, especially for the first time. This may include submitting identification documents.

### Expected Fund Arrival Time
Funds are typically available within 1-3 business days, depending on the chosen withdrawal method.

### Typical Delay Reasons and Fixes
Common reasons for delays include:
- **Incomplete KYC Verification**: Ensure all required documents are submitted.
- **Bank Processing Times**: Allow additional time for banks to process transfers.
- **Technical Issues**: Contact customer support for assistance with any technical problems.

## FAQs – TakeProfitTrader Deposits & Withdrawals

### What is the minimum deposit for TakeProfitTrader?
The minimum deposit for TakeProfitTrader is **$150**.

### How long do withdrawals take?
Withdrawals typically take **1-3 business days**, depending on the method used.

### Are there fees for deposits or withdrawals?
No fees are reported for deposits or withdrawals, but bank transfer fees may apply depending on your bank.

### Can the same method be used for both?
Yes, you can use the same method for both deposits and withdrawals, provided it is supported (e.g., PayPal).

### Are crypto or local methods supported?
Currently, TakeProfitTrader does not support cryptocurrency for deposits or withdrawals. Local methods may vary based on the trader's location and available payment options.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

TakeProfitTrader

TakeProfitTrader

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