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50K

Take Profit Trader

Plan Highlights

Starting Balance

$50,000

Eval Profit Target

6%

Profit Split

80%

Eval Fee

$170 /mo

Discount Code: GENIUS

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Plan Overview

The 50K plan from Take Profit Trader is a good choice for many traders. Take Profit Trader is a reputable prop firm known for honoring payouts, having good trading platforms, and offering reasonable rules. The starting balance is $50,000.

This plan requires 1 steps during evaluation with a profit target rate of 6% spread across at least 5 trading days. The max drawdown is $2,000 with a End of Day drawdown approach.This plan requires a consistency requirement of 50%. Make sure to check the evaluation details below for the exact rules and limits of the evaluation period.

Fee-wise, the evaluation fee is $170 /mo, the activation fee is $130, and the funded monthly fee is $0.

The plan offers 5 concurrent accounts during the funded period if you want to run the strategy multiple times to maximize profit. The daily loss limit during the funded period is $0 with a None daily loss limit type.

As for payouts, traders enjoy a profit split of 80% with a minimum of 0 trading days required. The maximum payout amount is N/A and the deposit timeline is 1-2 Days. Payouts details can be very complex, so make sure to check the payouts details below for the exact rules and limits.

Prop Firm Genius tracks over 200 rules and details for the top prop firms. Understanding the variations for each prop firm can be overwhelming on your own. Use our plan selector tool to find the best plan for you.

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Evaluation Phase

Basic Trading Rules

PropertyValue
Starting Balance$50,000
Steps1
Profit Target$3,000 (6%)
Min Trading Days5
Time Between TradesN/A
Concurrent Accounts0
Payouts Available Post PassYes

Drawdown Rules

PropertyValue
Max Drawdown$2,000 (4%)
Drawdown TypeEnd of Day
Drawdown DetailsTrailing | Realized
Drawdown TimeframeEnd of Day
Balance Buffer After DD$0
Balance That Ends DD$52,000

Loss Limits

PropertyValue
Daily Loss Limit$0 (0%)
Daily Loss Limit TypeNone
Max Loss After DD$50,000
Loss Limit FormulaStarting Balance
DLL Auto-liquidationNo

Contract Rules

PropertyValue
Max Full Contracts6
Max Micro Contracts60
Full:Micro Ratio1:10

Consistency & Scaling

PropertyValue
Consistency RequiredYes
Consistency Rate50%
Scaling AvailableNo
Scaling DetailsN/A
Inactivity DaysN/A

Funded Phase

Basic Trading Rules

PropertyValue
Starting Balance$50,000
Concurrent Accounts5
Max Risk:RewardN/A

Drawdown Rules

PropertyValue
Max Drawdown$2,000 (4%)
Drawdown TypeIntra-Day
Drawdown DetailsTrailing | Unrealized
Drawdown TimeframeIntra-Day
Balance Buffer After DD$0
Balance That Ends DD$52,000

Loss Limits

PropertyValue
Daily Loss Limit$0 (0%)
Daily Loss Limit TypeNone
Max Loss After DD$50,000
Loss Limit FormulaStarting Balance
DLL Auto-liquidationNo

Contract Rules

PropertyValue
Max Full Contracts6
Max Micro Contracts60
Full:Micro Ratio1:10

Consistency & Scaling

PropertyValue
Consistency RequiredNo
Consistency RateN/A
Scaling AvailableNo
Scaling Details/
Inactivity Days7

Fees

Fees

PropertyValue
Eval Monthly Fee$170
Eval Reset Fee$100
Eval Resets Allowed0
Funded Activation Fee$130
Funded Monthly Fee$0
Funded Reset Fee$649
Funded Resets AllowedYes
Funded Reset Count3
Reset Recovery Window0 days

Payout Rules

Basic Rules

PropertyValue
Profit Split80%
Min Trading Days0
Trading Days Per Payout1
Min Winning Days0
Min Profit Per Winning Day$0
First Payout Ends DrawdownNo

Amount Limits

PropertyValue
Min Account Balance$52,000
Min Payout Amount$51
Amount Pre-Split$0
Max Amount (Short)No
Max Amount (Full)N/A
Max Payouts Per Month21
Before Drawdown EndsEnds Drawdown, closes account

Timing & Approvals

PropertyValue
Request Days (Short)0 days
Request Days (Full)0 days
Approvals (Short)1 Day
Approvals (Full)1 Day
Deposit Timeline1-2 Days

Additional Information

References & Notes

Account Levels

No additional information provided

Concurrent Accounts

No additional information provided

Consistency Rules

No additional information provided

Data & Platform Fees

No additional information provided

Drawdown Details

No additional information provided

Funded Reset Rules

No additional information provided

Payout Information

No additional information provided

Trading Platforms

No additional information provided

Scaling Program

No additional information provided

Discount Code: GENIUS

Code will be copied when clicking the button above

Run Backtest Analysis

Find the best plan for you.

Run your backtest results across 200+ rules from dozens of plans with one click.

Need help understanding terms?
Check our definitions page