In the world of prop trading, finding the right firm can significantly impact your trading success. Among the numerous choices, Take Profit Trader stands out, especially for those focusing on Futures trading. This company’s goal is straightforward: to aid traders in reaching their full potential without overwhelming them with unnecessary features.
Take Profit Trader is all about providing traders with the support they need to generate a steady income using the company’s funds. If you’re seeking a platform that focuses on your growth as a trader, this could be it.
Plus, for those interested in saving while investing in their trading journey, the Take Profit Trader discount code: MODESTMONEY slashes your starting costs by 50%. Not sure if Take Profit Trader is right for you? Read on and I will break it down in this quick Take Profit Trader review.
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What is Take Profit Trader?
Before deciding if something as important as a prop trading platform is right for you, I think you should know a little background information. Take Profit Trader is a proprietary trading firm based out of Orlando, Florida. It gives individuals the chance to trade futures without having to risk their own money.
The firm was started by James Sixsmith, who used to play professional ice hockey and has a keen interest in trading. Understanding the challenges faced by new traders, Sixsmith aimed to make trading more accessible and less intimidating. He established Take Profit Trader with a focus on educating traders and providing them with the tools and support needed to manage risks and succeed in the trading world.
Take Profit Trader Discount Code: Pricing And Account Sizes
Take Profit Trader offers a variety of account sizes suitable for futures traders, with subscription costs ranging from $150 to $360 monthly, matching the industry’s standard for such trading funds. These accounts range from $25,000 to $150,000, catering to different levels of trader experience and capital.
The fees are structured as follows:
- $150 monthly for a $25,000 account
- $170 monthly for a $50,000 account
- $245 monthly for a $75,000 account
- $330 monthly for a $100,000 account
- $360 monthly for a $150,000 account
Upon reaching Pro Trader status, you no longer need to pay monthly fees. Instead, there’s a one-time setup fee of $130, after which your account is ready to go, free from monthly charges.
To give you an idea of what each account offers:
- The lowest tier ($25K) comes with a monthly cost of $150, a profit target of $1,500, a maximum position size of 3 contracts (or 30 micros), a daily loss limit of $500, and an end-of-day trailing drawdown limit of $1,500. Note that trading bots are not permitted.
- On the highest tier ($150K), the monthly cost is $360, with a profit target of $9,000, a maximum position size of 15 contracts (or 150 micros), a daily loss limit of $3,300, and an end-of-day trailing drawdown limit of $4,500, also prohibiting the use of trading bots.
Remember the Take Profit Trader discount code: MODESTMONEY will save you 50%
How To Use The Take Profit Trader Discount Code
For a limited time, utilize our Take Profit Trader coupon codes to secure a deal:
- Select and copy the “MODESTMONEY” coupon code by clicking the “Copy code” button. This will store the code on your device’s clipboard.
- Visit the Take Profit Trader site and head to the Checkout or View cart to complete your purchase. Look for the box labeled “Promo code” during the payment process and insert the code you copied earlier.
- Click on “Apply” to activate the promo code and enjoy a 50% discount on your subscription.
Make the most of these promo codes while they last to enhance your trading experience with Take Profit Trader.
Trading Platforms Compatible With Take Profit Trader
Take Profit Trader caters to traders by offering a wide selection of over 30 trading platforms, accommodating a range of trading needs and styles. These include well-known platforms such as NinjaTrader, TradingView, and Tradovate, all known for their comprehensive tools like technical analysis, charting capabilities, backtesting, and automated trading.
The company primarily recommends the CQG Data Feed, but also supports the Rithmic Data Feed for those who prefer it. Here’s a breakdown based on the data feeds:
For those using CQG Data Feed, available platforms include:
- Tradovate
- NinjaTrader
- TradingView
For traders preferring Rithmic Data Feed:
- R-Trader
- Motivewave
- Bookmap
- Jigsaw Trading
- Photon Trader
- Agena
- Quantower
- Sierra Chart Trading and Charting
- Multi Charts
- Order Flow Trading
- eSignal
- Investor RT
- Trade Navigator
- Net
- OScalp
- Atas
This diversity ensures traders can find a platform that fits their specific trading approach and strategies, enhancing their potential for success. Whether you’re focused on deep market analysis, require robust charting tools, or need sophisticated order management, Take Profit Trader has made sure there’s a platform to match your needs.
Final Thoughts
Take Profit Trader offers a focused approach for Futures traders looking to maximize their potential with firm support. For those eyeing cost-effective entry into their trading journey, the Take Profit Trader discount code: MODESTMONEY provides a substantial 50% saving.
Under the guidance of ex-ice hockey player James Sixsmith, the platform is designed to ease the trading experience, focusing on education and risk management. The service caters to a range of trader levels with account sizes varying from $25,000 to $150,000, transitioning to a fee-free structure upon reaching Pro Trader status.
If Take Profit Trader seems like the right fit for your Futures trading needs, Click Here to explore more and see if this platform can elevate your trading approach.
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