TakeProfitTrader foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://takeprofittrader.com, about the company's legal and temporary regulatory information, the company's address 1317 Edgewater Drive #3797 Orlando, FL 32804.
TakeProfitTrader Forex Broker
Rating Index
Company profile
TakeProfitTrader Similar Brokers
Latest Reviews
No minimum days required before the first withdrawal Swift withdrawal process with instant payouts Generous profit sharing of 80-90%
Trading in forex, stocks, or crypto is not available yet Automated trading is not permitted Monthly fees for evaluations and no free trials offeredBasic Information
United States
TakeProfitTrader Broker - Complete Information Guide
1. Broker Overview
TakeProfitTrader is a proprietary trading firm established in 2021, headquartered in Orlando, Florida, USA. The firm is privately held and focuses on providing funding for traders, allowing them to engage in futures trading without risking their personal capital. The primary market served by TakeProfitTrader is the futures market, catering to both novice and experienced traders seeking to enhance their trading skills and profitability.
Founded by James Sixsmith, a former ice hockey player, TakeProfitTrader was created to address the challenges faced by traders in accessing capital and receiving adequate education. The firm aims to foster a supportive trading environment where traders can thrive through a straightforward evaluation process that emphasizes skill verification and risk management.
TakeProfitTrader operates on a unique business model that combines funding opportunities with educational resources, offering a comprehensive approach to trader development. The firm focuses on empowering traders to achieve consistent profits while minimizing their financial risks. As a proprietary trading firm, TakeProfitTrader provides its traders with access to substantial capital, enabling them to trade various futures instruments.
2. Regulatory and Compliance Information
TakeProfitTrader operates as an unregulated entity, which means it is not overseen by major financial authorities like the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC). The firm is registered in the United States, but it does not hold any top-tier licenses typically required for financial institutions.
Although TakeProfitTrader itself is not regulated, it partners with licensed brokers and uses CME-approved data providers to facilitate trades. This structure ensures that traders' orders are executed in a compliant environment, even though the firm does not directly offer financial services.
To ensure the safety and security of client funds, TakeProfitTrader implements a client fund segregation policy, keeping traders' funds separate from the firm's operating capital. The firm adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to promote transparency and prevent illicit activities.
3. Trading Products and Services
TakeProfitTrader specializes in futures trading, offering a diverse range of futures instruments for its traders. The firm provides access to various futures contracts, including:
- Agricultural futures
- Equity futures
- Interest rate futures
- Foreign exchange futures
- Metals futures
- Energy futures
Currently, TakeProfitTrader does not support trading in forex, stocks, or cryptocurrencies, but there are plans to expand its offerings in the future. The firm frequently updates its product list and aims to introduce new trading instruments based on market demand.
TakeProfitTrader primarily focuses on retail trading services, providing individual traders with the opportunity to access funded accounts. The firm does not currently offer institutional client services or white-label solutions.
4. Trading Platforms and Technology
TakeProfitTrader supports various trading platforms, with a focus on user-friendly interfaces and advanced trading features. The platforms available include:
- NinjaTrader
- TradingView
- Tradovate
- R | Trader
- Quantower
These platforms provide traders with essential tools for market analysis, order execution, and risk management. However, TakeProfitTrader does not offer support for MetaTrader 4 or MetaTrader 5, which are popular among many traders for their robust analytical capabilities.
The firm utilizes a web-based trading environment, allowing traders to access their accounts from any device with internet connectivity. Additionally, mobile applications are available for some platforms, providing traders with the flexibility to monitor their accounts and execute trades on the go.
TakeProfitTrader operates on a no-frills execution model, focusing on delivering efficient trade execution without unnecessary complexities. The firm's servers are strategically located to ensure low latency and fast order processing, enhancing the overall trading experience.
5. Account Types and Trading Conditions
TakeProfitTrader offers a variety of account types tailored to different trading needs and preferences. The main account types include:
- Test Account: Used for evaluation, allowing traders to demonstrate their skills in a simulated environment.
- Pro Account: Available after passing the evaluation, enabling traders to access funded accounts with real capital.
- Pro+ Account: An upgraded version of the Pro Account, offering additional benefits such as a higher profit split.
The standard conditions for accounts at TakeProfitTrader include:
- Minimum Deposit: Starting from $150 for the smallest account size.
- Profit Split: Traders retain 80% of their profits in Pro Accounts and 90% in Pro+ Accounts.
- Leverage: The trading account balance is used as buying power, effectively resulting in a 1:1 leverage ratio.
- Minimum Trade Size: Specific to account type, with a maximum number of contracts allowed based on account size.
- Overnight Fees: Positions are not allowed to be held overnight, aligning with the firm's risk management policies.
6. Fund Management
TakeProfitTrader provides multiple funding methods to facilitate deposits and withdrawals. The supported deposit methods include:
- Bank transfers
- Credit cards
- E-wallets such as PayPal and Wise
The minimum deposit requirements vary by account type, with the lowest starting at $150. Deposits are processed promptly, typically within one business day.
Withdrawal options include bank transfers, PayPal, and other e-wallets. TakeProfitTrader allows traders to withdraw their profits immediately after reaching the buffer zone, with no restrictions on the withdrawal amount. However, a fee of $50 applies to withdrawals of $250 or less.
7. Customer Support and Educational Resources
TakeProfitTrader emphasizes exceptional customer service, offering multiple support channels, including:
- Live chat
- Email support
- Phone support
The customer service team is available during business hours, with live chat support operational from Monday to Friday. The firm also provides educational resources, including webinars, tutorials, and market analysis services, to help traders improve their skills and knowledge.
Traders can access daily market analysis, research reports, and trading tools such as calculators and economic calendars. These resources are designed to enhance traders' understanding of the markets and improve their trading performance.
8. Regional Coverage and Restrictions
TakeProfitTrader primarily serves clients in the United States and aims to expand its reach into other regions. However, the firm does not accept clients from certain countries due to regulatory restrictions, including:
- Afghanistan
- Canada
- China
- North Korea
- Iran
These restrictions are in place to comply with international regulations and ensure that the firm operates within the legal framework of the jurisdictions it serves.
In summary, TakeProfitTrader is a promising proprietary trading firm focused on futures trading, providing traders with the opportunity to access significant capital without personal financial risk. With its straightforward evaluation process, robust educational resources, and commitment to trader success, TakeProfitTrader stands out as a viable option for traders looking to enhance their trading journey.
TakeProfitTrader Similar Brokers
Latest Reviews
Rahmoune Abdallah
Hong Kong
I have been using TakeProfitTrader for a while, and the platform offers a variety of trading platforms and flexible account options. The withdrawal speed is also very fast.
Positive
2025-06-09
hanozo22
Hong Kong
My experience with TakeProfitTrader has been great so far. I recently created an account, and the process was smooth. The platform is easy to use, and I feel confident trading here.
37130
2025-06-09
TakeProfitTrader
News
Exposure TakeProfitTrader Faces Trader Wrath Over Trade Manipulation & Unresponsive Customer Support
Do you face account-related hassles that also lead to the loss of profits earned through forex trading at TakeProfit Trader? Have you had a bad experience with the broker’s customer support service? Have you joined many in criticizing its manipulative trade practices? There is no harm in saying you need to be proactive and look out for ways to access your deposited funds and the profits therewith. Here are some scam allegations TakeProfitTrader has been facing.
FX3048966652
Germany
I was satisfied with TakeProfitTrader for two years. The cash-out process is transparent and reliable. That's a big plus point. However, over the last two months (or so it feels), dubious processes have become apparent on the TakeProfitTrader platform. New rules have been implemented on the sly, much to the detriment of private traders. Example: I have three active accounts, one of which is even capitalized (!). In one account, I manually go long on an instrument. In the second account, a small automatic algorithm runs, which goes short on the same instrument—but in a second account. Result: TakeProfitTrader immediately deletes both accounts without any warning. I have never seen this happen on any prop trading platform. For the past 2 days, a running application account has simply been deleted, even though all risk rules are ‘green’ and the account is even clearly in the black. Without explanation, it was simply made inactive. This has already happened to me twice.
Exposure
01-24