Comparing Take Profit Trader 100K and Topstep 100K

Take Profit Trader requires 1 evaluation step with a profit target of $6,000 (6%), while Topstep needs 1 step targeting $6,000 (6%). While a smaller profit target is better, Prop Firm Genius doesn't consider it a major factor. Most plans have similar targets and it's much more important to pay attention to the rules to hit that target than the target itself. Traders must complete 5 minimum trading days with Take Profit Trader compared to 2 with Topstep.

Drawdown rules may be the single most important rule. One of our key pieces of advice we give traders is pay attention to the drawdown type not just the amount.

Take Profit Trader allows a maximum drawdown of $3,000 (3%) with End of Day rules, while Topstep permits $3,000 (3%) End of Day.

End of Day drawdowns are more trader friendly, as you have time to recover and stick through a trade.

Take Profit Trader enforces a daily loss limit of $0 (0%) with None rules, while Topstep allows up to $2,000 (2%) Intra-Day (Realized).

Take Profit Trader allows up to 12 full contracts and 120 micro contracts during evaluation, while Topstep permits 10 full and 10 micro contracts.

The contract ratios are important to know based on your strategy. A higher max contract will give greater flexibility but also greater risk.

Take Profit Trader requires 50% consistency and does not offer scaling, while Topstep requires 50% consistency and does not offer scaling.

Consistency is one of the most common rules that causes evaluation failures.

Take Profit Trader charges monthly evaluation fees of $330, while Topstep charges monthly fees of $325.

For evaluation resets, Take Profit Trader charges $100 for evaluation resets, while Topstep charges $99 for evaluation resets.

Once funded, Take Profit Trader requires a $130 activation fee and charges no monthly fees. Topstep requires a $149 activation fee and charges no monthly fees.

For funded accounts, Take Profit Trader allows 3 funded resets at $999 each within a 0-day window, while Topstep does not allow funded resets.

Payout rules affect both the amount you get paid and how fast that money gets to your bank account.

Take Profit Trader offers a 80% profit split requiring 1 trading days per payout, while Topstep provides 90% with 5.25 trading days needed.

Take Profit Trader requires a minimum account balance of $103,000 and minimum payout of $51, with limits of No per payout (short-term) and no limit (full-term). Topstep requires $0 balance and $125 minimum payout, with limits of Yes (More Info) per payout (short-term) and Up to $5000 or 50% of account balance per request until 30 non-consecutive winning days, then 100% anytime (full-term).

You are entitled to $0 pre-split with Take Profit Trader and $10,000 with Topstep before profit sharing is applied.

Take Profit Trader requires 0 days for short-term and 0 days for full-term payout requests, with 1 Day approvals needed for short-term and 1 Day for full-term payouts. Their deposit timeline is 1-2 days.

Topstep requires 0 days for short-term and 0 days for full-term requests, with 1-3 Days approvals needed for short-term and 1-3 Business Days for full-term payouts. Their deposit timeline is 1-10 days.

Take Profit Trader allows 5 concurrent accounts, while Topstep allows 5 concurrent accounts. Concurrent accounts are a great way to scale up your account. You'll pay more in fees but there's less trade management for a higher return potential.

A max risk:reward can limit your trading, make sure your backtest results are in line withe the plan's limits.

Drawdown rules may be the single most important rule. One of our key pieces of advice we give traders is pay attention to the drawdown type not just the amount.

Take Profit Trader has a Intra-Day drawdown limit of $3,000 (3%) with Trailing calculation, while Topstep uses a End of Day limit of $3,000 (3%).

End of Day drawdowns are more trader friendly, as you have time to recover and stick through a trade.

Take Profit Trader enforces a funded daily loss limit of $0 (0%) with None rules, while Topstep allows up to $2,000 (2%) Intra-Day (Unrealized).

Take Profit Trader allows up to 12 full contracts and 120 micro contracts in funded accounts, while Topstep permits 10 full and 10 micro contracts.

Higher max contracts means more potential return, but also more risk.

Take Profit Trader has no consistency requirements and does not offer scaling, while Topstep has no consistency requirements and offers scaling. Consistency is one of the most common rules that causes account blow ups.