Take Profit Trader
Founded 2021-03-01 · Orlando, United States
Min. Funding
$25,000.00
Max. Initial Funding
$150,000.00
Default Split
80% / 20%
Payout Cycle
On demand, first payout after 0 days
Platform Withholding Tax
0%
Min. Payout
$250.00
Scaling Cap
$300,000.00
Payouts can be requested on demand as soon as the account buffer requirement is met.
Withdrawal Channels
Supported payout methods, limits and processing times for this firm.
Rise
E-Wallet
- Min.
- $250.00
- Max.
- No max
- Processing
- 0–1 business days
- Fee
- No fee
Direct transfer via Rise.
Bank Wire
Bank Wire
- Min.
- $250.00
- Max.
- No max
- Processing
- 1–3 business days
- Fee
- No fee
Crypto
Crypto
- Min.
- $250.00
- Max.
- No max
- Processing
- 0–1 business days
- Fee
- No fee
Pros & Cons
Pros
- On-demand payouts available once profit buffer is reached
- No minimum trading days requirement on PRO accounts
Cons
- Must maintain a profit buffer prior to withdrawing funds
- Daily drawdown limits can trigger account termination
Payout Calculator
Choose the firm and split tier, enter your challenge amount and expected profit to preview your take-home payout.
Estimated take-home
$6,400.00
About 5.33% of the challenge amount
- Other platform deduction
- $0.00
- Trader share (80%)
- $6,400.00
- Firm retains
- $1,600.00
- Platform withholding tax
- $0.00
- Payment processor fee
- $0.00
- Withdrawal fee
- $0.00
Rules & Restrictions to Watch
All accounts trade simulated capital, and rules can change without notice. Always confirm the current terms directly on the firm's official website before purchasing or requesting a withdrawal.
- Violating the max drawdown limit results in immediate account failure.
- Payouts require maintaining the minimum profit buffer in the account.
Frequently Asked Questions
How do payouts work at Take Profit Trader?
Take Profit Trader allows traders to request payouts immediately after reaching and securing the required profit buffer in a PRO account. Payouts are typically processed within 24 hours.
What are the drawdown rules for Take Profit Trader accounts?
Take Profit Trader utilizes drawdown limits that track account equity. Breaching the daily or maximum allowable drawdown limit results in immediate account failure.
What is the profit buffer requirement for payouts?
Traders must build and retain a minimum profit buffer before requesting a payout. Any profits earned above this buffer threshold are eligible for withdrawal.
Is there a minimum trading day requirement before requesting a payout?
No, Take Profit Trader does not impose a minimum number of trading days on PRO accounts prior to payout requests, provided the required buffer is maintained.
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