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Take Profit Trader Pro+ Account Information

Discount Alert! Take Profit Trader Promo Code

Take Profit Trader runs promos every month! Visit my Deals and Promos page for the current promo! As always you ALWAYS get the best price plus by visiting Take Profit Trader – the current promo will be at the top of the page!

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Take Profit Trader review has been a popular request from people who wanted to know what I thought of the Take Profit Trader funded trader evaluation program. To that end Take Profit Trader has a few benefits which you’ll learn out below, but mainly when you pass, you pass! There are no minimum days before your first withdrawal!

They often run deals, and I keep a current list of deals and sales on my Funded Trader Evaluation Deals Page. You will find Take Profit Trader coupons and Take Profit Trader promos there if they are running any.

Take Profit Trader Pro+ Setup Process

When trader reaches $5,000 of profit in the PRO account, the opportunity to move on to PRO+ will be sent by email to you.

If trader agrees to go PRO+, the Take Profit Trader system will send you an invitation to fill out a Power of Attorney (POA), that we send to the broker. This gives you access to trade their LIVE money accounts, directly.

The setup process takes 1-2 business days, and will not cost you anything extra. We cover professional market data fees for the exchanges you used in your PRO account.

You will still be able to trade your current PRO account while they create your PRO+ account. However, please note that if you will have less than $5,000 of profit in your current PRO account by the time the PRO+ is ready, you will not get access to the PRO+ account. I personally recommend you just stop trading until your Pro+ account is set up and you move into it.

Once the PRO+ is ready, Take Profit Trader will put your current PRO account on hold and freeze the $5K profit. It’s still your money, but to access the features of PRO+ that money has to stay inside your PRO account. Lastly, anything above $5K can be withdrawn immediately. The PRO+ account starts at $0 in balance and your initial intraday drawdown amount. The drawdown will trail your unrealized profits in real time until it reaches the starting account balance at $0, the same way it did on your PRO account.

Benefits of the Take Profit Trader Pro+ Account

PRO+ accounts are $0 margin live accounts that have following benefits:

  • No daily loss limit
  • No 50 executions rule
  • 90/10 profit split (90% of your profits are yours)
  • Trader directly routed to the exchange, not SIM or ”copy traded”
  • No buffer zone requirement

Lastly, each trader that reaches $5,000 profit in the PRO account will be presented with opportunity to move on to PRO+ account. The opportunity is there for YOU!

Take Profit Trader Pro+ Account Rules

Below are the rules that are applicable for PRO+ accounts with Take Profit Trader:

  • The trader must only trade approved instruments during trading hours
  • The trader must not allow their Account Balance to reach or exceed the maximum intraday trailing drawdown limit, including open positions
  • To maintain the Pro+ Account active, the trader must trade at least once per calendar week
  • The trader is not allowed to trade during limit up or limit down periods. Any trades that are open during these times will be closed at the limit up/down price, and all orders will be invalid, whether they have been filled or not. All profits from these trades will be forfeited
  • All PRO+ Accounts must have no open positions and orders one minute before, during, and after the news events that follow:
    • FOMC meeting minutes/announcements. These occur on Wednesdays at 2pm eastern time. (Trading through FED speakers is allowed)
    • NON-Farm payroll (NFP). These events occur on Friday’s at 8:30am eastern, once per month.
    • Consumer Price Index – CPI
    • News event: crude oil inventories. Prohibited product – crude oil CL
    • News event: bond auctions. Prohibited products – Treasury notes and bonds

Restricted Countries

Several countries are not allowed to trade the Pro+ account due to regulatory issues:

CanadaBelarusCongoCubaFranceIran
KoreaMaliMauritiusMontenegroMozambiqueSomalia
SudanSyriaTanzaniaUkraineYugoslavia

Conclusion

The Take Profit Trader Pro+ account is a great option for futures traders. Basically trade as close to as if it was your own capital you were trading. I highly recommend Take Profit Trader, they are one of my very top rated funded futures programs for a reason!

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Risk Disclosure:

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: 

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

You can read more here: Risk Disclosure

Affiliate Disclosure:

The external links on my site and in my video descriptions to trader evaluation companies and software companies are primarily affiliate links. I earn a commission from these companies on any sale made from people visiting these links. That said, I only recommend companies and software I personally use and actually do recommend. Believe me, I turn down a lot of companies who approach me. You can read my full Affiliate Disclosure here.

Additional Disclosure:

The content provided is for informational purposes only. I do my best to keep the content current and accurate by updating it frequently. Sometimes the actual data, rules, requirements and other can differ from what’s stated on our website. CanadianFuturesTrader.ca is an independent website. You should always consult the rules, faqs, knowledge base and support of any of the websites and companies we link to or talk about on our site. The information on their site will always be what ultimately dictates the current rules of their program, software or other. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. The contributors and authors are not registered or certified financial advisors. You should consult a financial professional before making any financial decisions.