Take Profit Trader rules
Take Profit Trader lists the take profit trader rules on its own help pages, covering drawdown, daily loss, consistency, and news, plus copy trading.
- Type of drawdown
- Trailing at day's end (Test); trailing during the session for PRO
- Drawdown limit, 25K
- $1,500
- Profit goal, 25K
- $1,500
- Minimum number of days
- 3
Trading rules at Take Profit Trader
- Drawdown
- On Test accounts, the drawdown trails at the close of every trading day. On a PRO account, the drawdown trails intraday, counted from the peak balance. That trail stops at the starting balance. With PRO+ accounts, the drawdown is applied at each day's close.
- Consistency requirement
- Tests require 50% profit consistency, while funded accounts have no such requirement.
- Trading on news
- PRO accounts must stay flat with no open orders when data for FOMC, NFP or CPI is released. The window starts one minute before each release and ends one minute after it.
- Automated bots and EAs
- No automated systems or bots are allowed, so you must trade by hand.
- Copy trades
- Copy trades is allowed on up to 5 funded accounts at once.
- Number of accounts allowed
- Test accounts have no limit. Up to 5 funded accounts are allowed for you: PRO, PRO+, or a mix of both.
- Inactivity
- Every calendar week (Sunday to Friday) requires PRO accounts to trade on at least one day.
Targets and limits for each Take Profit Trader plan
| Plan | Account | Fee | Funded on a first passfee + activation | Profit target | Max drawdown | Split |
|---|---|---|---|---|---|---|
| Test (1-step evaluation) | 25K | $150a month | $280one month, incl. $130 activation | $1,500 | $1,500End of day, then intraday | 80% in PRO, 90% in PRO+ |
| Test (1-step evaluation) | 50K | $170a month | $300one month, incl. $130 activation | $3,000 | $2,000End of day, then intraday | 80% in PRO, 90% in PRO+ |
| Test (1-step evaluation) | 75K | $245a month | $375one month, incl. $130 activation | $4,500 | $2,500End of day, then intraday | 80% in PRO, 90% in PRO+ |
| Test (1-step evaluation) | 100K | $330a month | $460one month, incl. $130 activation | $6,000 | $3,000End of day, then intraday | 80% in PRO, 90% in PRO+ |
| Test (1-step evaluation) | 150K | $360a month | $490one month, incl. $130 activation | $9,000 | $4,500End of day, then intraday | 80% in PRO, 90% in PRO+ |
Sources for these figures
- takeprofittrader.com
- takeprofittraderhelp.zendesk.com/hc/en-us/articles/15171769361053-PRO-Account-Rules
- takeprofittrader.com/blog/3-day-evals
- takeprofittraderhelp.zendesk.com/hc/en-us/articles/29660646764445-NOFEE40-PROMO-FAQS
- takeprofittraderhelp.zendesk.com/hc/en-us/articles/15169070804125-Rule-1-Hit-Your-Profit-Target