Take Profit Trader vs Elite Trader Funding
In-depth comparison of Take Profit Trader and Elite Trader Funding. Compare pricing, evaluation rules, payout structures, and platforms to choose the best prop firm for your trading style.
Take Profit Trader
Elite Trader Funding
Quick Comparison
| Feature | Take Profit Trader | Elite Trader Funding |
|---|---|---|
| Rating | 4.7/5 | 4.6/5 |
| Starting Price | $170/mo | $139/mo |
| Evaluation Phases | 1 phase | 1 phase |
| Profit Target | 6% | 6% |
| Max Drawdown | 5% | 5% |
| Profit Split | 80% | 85% |
| Payout Frequency | On-demand | Weekly |
| Platforms | NinjaTraderRithmicTradovate | RithmicTradovate |
Pricing
Take Profit Trader starts at $170/mo while Elite Trader Funding starts at $139/mo. Elite Trader Funding offers more affordable entry points.
Evaluation Rules
Take Profit Trader has 1 phase(s) with 5% max drawdown. Elite Trader Funding has 1 phase(s) with 5% max drawdown. Both have similar rule strictness.
Payout Structure
Take Profit Trader offers 80% profit split with On-demand payouts. Elite Trader Funding offers 85% with Weekly payouts. Elite Trader Funding provides better profit sharing.
Platform Options
Take Profit Trader supports 3 platform(s): NinjaTrader, Rithmic, Tradovate. Elite Trader Funding supports 2 platform(s): Rithmic, Tradovate. Take Profit Trader offers more platform flexibility.
Take Profit Trader - Pros & Cons
Pros
- Day one payouts
- No minimum trading days
- Flexible withdrawal
Cons
- Monthly subscription
- Trailing drawdown
Elite Trader Funding - Pros & Cons
Pros
- 85% split
- One-phase
- Weekly payouts
Cons
- Higher pricing
- Newer firm
Final Verdict
Based on our comprehensive analysis, Take Profit Trader edges ahead with a 4.7/5 rating compared to 4.6/5.