FundedFirm vs Take Profit Trader: Which Funded Account Is Right for You?

Choosing a prop firm that offers a reliable funded account with supportive rules, transparent payouts, and strong trader resources is crucial for serious traders. FundedFirm and Take Profit Trader are two notable prop firms offering funded accounts with distinct advantages for traders. This blog explores a detailed comparison between these two, helping you decide which funded account option suits your trading style and goals best, with key features linked to your Funded Account on FundedFirm.com.

Overview of FundedFirm and Take Profit Trader

FundedFirm is globally recognized as a top prop firm for forex traders, especially in India. It offers fast evaluation, seamless access to funded accounts, up to 100% profit splits, and popular platforms like MT5 and cTrader. FundedFirm’s focus is on transparency, trader empowerment, and fast payouts.​

Take Profit Trader focuses primarily on futures trading with a simple, no-nonsense single-step evaluation process and immediate profit withdrawals starting from day one on funded accounts. It’s known for minimal trading restrictions, instant account activations, and a competitive profit split, typically 80/20 upgradable to 90/10 in PRO accounts.​

Evaluation Process and Speed to Funded Account

FundedFirm’s evaluation process involves no minimum evaluation days and is designed for quick funding. Traders pass an evaluation challenge focusing on profit targets and drawdown limits to secure their Funded Account quickly and with minimal hassle. FundedFirm also offers a 100% refund of challenge fees upon passing, reinforcing trader confidence.​

Take Profit Trader offers a straightforward single-step evaluation challenge. Once passed, traders get immediate account activation with no waiting period before starting live trading. Unlike many competitors, Take Profit Trader allows day-one withdrawals, giving traders instant access to profits without minimum profitable day requirements or payout caps.​

Account Sizes and Scaling

FundedFirm provides funded accounts starting from $5,000 and going up to $100,000 or more, with scalable options for larger capital based on trading performance. This supports traders from beginners to experienced professionals, offering leverage up to 1:100 with multi-asset exposure.​

Take Profit Trader offers funded accounts up to $150,000 per account, and traders can manage multiple accounts simultaneously, up to five PRO or PRO+ accounts at once. While it does not offer a traditional scaling program, this multi-account approach allows flexibility in capital allocation and strategy diversification.​

Profit Sharing and Payout Flexibility

FundedFirm offers a highly competitive profit sharing structure that ranges from 90% to 100% for funded traders. Payouts are flexible on a weekly, biweekly, or monthly basis, with payments processed quickly often within 24 hours of request.​

Take Profit Trader starts with an 80/20 profit split for PRO accounts, which can be upgraded to 90/10, making it highly rewarding for skilled traders. The standout feature is the ability to withdraw profits from day one with no limits on maximum withdrawal amounts or obligatory profitable trading days, enhancing cash flow for traders.​

Trading Platforms and Instruments

FundedFirm supports MetaTrader 5 and cTrader platforms, giving traders access to a variety of markets including forex, indices, commodities, and cryptocurrencies. This dual-platform offering caters to a broad trading style range with powerful charting and execution tools.​

Take Profit Trader operates exclusively on MetaTrader 5, focusing mainly on futures instruments across equity, energy, metals, and crypto futures. This specialization suits futures traders looking for a streamlined, focused trading environment.​

Trading Rules and Risk Management

FundedFirm has clear risk parameters with daily loss limits, maximum drawdown limits, and encourages use of Expert Advisors. Importantly, it allows trading during news events and holds no minimum trading day requirements, offering flexibility to traders.​

Take Profit Trader is known for minimal restrictions, including no daily loss limits for PRO+ accounts and built-in risk management tools to safeguard capital. It allows multiple account resets (up to 3 for PRO accounts), giving traders opportunities to recover from mistakes without losing progress.​

Community and Support

FundedFirm offers a growing community of traders, robust educational resources, and 24/7 responsive customer support with localized payment options including UPI for Indian traders. Their trader-first approach emphasizes mentorship and continuous improvement.​

Take Profit Trader also provides good support and community engagement, with proven reliability backed by thousands of user reviews and a high TrustScore of 4.3. However, their offering is more niche-focused on futures traders.​

Summary Comparison Table

Which Funded Account Should You Choose?

For forex and multi-asset traders looking for fast access to capital, flexible payout options, and a community-focused environment with Indian-specific payment options, FundedFirm’s Funded Account is an excellent choice. Its impressive profit share and supportive trader policies stand out for both beginners and professionals.

For futures traders who prefer a specialized prop firm with day-one withdrawals, minimal restrictions, and multiple funded accounts management, Take Profit Trader offers a superb focused environment with competitive splits and instant funding access.

Both firms provide legitimate, high-quality funded account options, but your choice should depend on your preferred markets, desired platforms, payout needs, and trading style.