Updated June 23, 2024

  • Minimum 5 trading days to pass

  • Reach profit target to move to funded account

  • End of day trailing drawdown. Account balance must be maintained above drawdown limit at anytime.

  • Do not exceed the maximum number of contracts for each trade

  • Crossing the daily loss limit will lead to disqualification (see table)

  • Must close orders /positions before 5:00 p.m. EST, New York. Not adhering will lead to disqualification

  • Best day cannot be more than 50% of profit target

  • You can trade during news in evaluation only

Evaluation

Free reset of failed account on renewal. Immediate reset available for $100

Trading Platforms: TakeProfit recommends CQG data feed (free) Ninja Trader, TradingView, Tradovate. Other free RTrader, Quantower. Can connect your own Rithmic based platforms (refer TakeProfit)

Commissions costs are $2.50 and $0.25 each way for minis and micros respectively in evaluation and Funded Pro.

Traders can have unlimited evaluation accounts and 3 PRO/Pro+ accounts. Can copy trade

Dashboard Wallet: Used for paying for evaluations, resets, and withdrawals

Caution / Prohibited: No algos, automated systems, conducting hundreds of trades lasting a few seconds (refer TakeProfit)

Funded Pro

  • Minimum 1 trade a week

  • Intraday Live Trailing Drawdown will trail until you exceed starting balance

  • Daily loss limit like in evaluation

  • Do not trade or have open orders 1 minutes before and after news - FOMC, NFP, CPI, oil inventories, bond auctions

  • Reset fee will be calculated automatically, and it less than your total available drawdown balance. Up to 3 resets only

  • Free market data in Pro/Pro+

Funded Account, Pro / Pro+

Funded Pro+

  • Move to Pro+ after accumulating $5000+ in Pro

  • Pro+ setup in 1-2 business days

  • Tradovate platform, Tradovate broker commission rates

  • Same rules as Pro account, except no daily loss limit

  • No reset

Payouts are processed within 1 business day and paid out via Plaid to US bank accounts or via PayPal or Wise

Request payout anytime. No cap on maximum withdrawal

Payout

Funded Pro

  • Request when balance is above buffer (drawdown amount - see table)

  • No cap on maximum withdrawal

  • Profit Split: 80% for trader

  • Can request 50%-80% of profits inside buffer, when account is closed

Funded Pro+

  • Request payout anytime

  • No buffer requirement

  • Profit split: 90% for trader

  • Funded account: No activation fee or market data fees

  • Request payout anytime. No maximum limit

  • Up to 3 funded accounts

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