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Take Profit Trader vs Trade The Pool – Full Comparison

Compare Any Prop Firm

Take Profit Trader

Trade The Pool

In this article, we’ll be comparing two prop firms, Take Profit Trader and Trade The Pool.

Let’s look at all details.

Prop Firms General Details

In this first table, we compare the year where each prop firm was founded, where their offices are located, and how much balance you can get to trade after scaling (when applicable).

Prop Firm Details Take Profit Trader Trade The Pool
Year Founded 2022 2016
Offices Location Orlando, Florida, USA Israel
Maximum Balance $150,000 $160,000
Keep First Profits

Trade The Pool is 8 years old. It was founded in 2016, earlier than Take Profit Trader which was founded in 2022 and is 2 years old.

Instruments

Here’s a list of all instruments supported by Take Profit Trader and Trade The Pool. I divided the list into two parts to show CFDs products and Futures products.

Instruments CFDs Take Profit Trader Trade The Pool
Forex
Indices
Metals
Commodities
Stocks
Crypto
Instruments Futures Take Profit Trader Trade The Pool
Equity Futures
Foreign Exchange Futures
Agricultural Futures
Energy Futures
Interest Rate Futures
Metals Futures
Crypto Futures
Bonds Futures
Instruments Crypto (non-CFDs) Take Profit Trader Trade The Pool
Crypto Spot
Crypto Futures
Crypto Options

Funding Program Types

Prop firms have different program types to achieve a funded account.

Here’s the resume and comparison of the Take Profit Trader and Trade The Pool different program types.

Prop Firm Programs Take Profit Trader Trade The Pool
One-Step Evaluation
Two Step Evaluation
Instant Funding

Instant Funding Comparison

Instant funding programs give you access to a funded account immediately without needing to pass any challenge.

Instant Funding Rules Take Profit TraderTrade The Pool
Profit Target
Max Daily Loss
Max Daily Drawdown
Max Loss
Max Drawdown
Minimum Trading Days
Maximum Trading Days
Profit Split

One-Step Program Comparison

One-Step programs are programs that require a single challenge to be passed. As soon as you pass the challenge, achieving the required targets without breaking any rules, you’ll be rewarded with a funded account to trade.

Here’s the comparison table for the Take Profit Trader and Trade The Pool prop firms.

One Step Rules Take Profit TraderTrade The PoolTrade The PoolTrade The PoolTrade The PoolTrade The PoolTrade The Pool
Program Name AllDay Trading MiniDay Trading SuperDay Trading Extra Swing Mini Swing Super Swing Extra
Profit Target 6%9%5.25%4.88%90%52.5%48.75%
Max Daily Loss 2%-2.2%
Max Daily Drawdown 1.5%0.88%0.81%10%5.83%5.42%
Max Loss 6%-3%
Max Drawdown 4.5%2.63%2.44%30%17.5%16.25%
Minimum Trading Days 5
Maximum Trading Days 454545100100100
Profit Split 80%, up to 90%50%60%70%50%60%70%

Two-Step Program Comparison

Two-Step programs require that you pass two different challenges before getting funded. Usually, each phase or each challenge has different targets and rules.

Here’s the comparison for Take Profit Trader and Trade The Pool.

Two Step Rules Take Profit TraderTrade The Pool
Profit Target Step 1
Profit Target Step 2
Max Daily Loss
Max Daily Drawdown
Max Loss
Max Drawdown
Min Trading Days Step 1
Min Trading Days Step 2
Max Trading Days Step 1
Max Trading Days Step 2
Profit Split

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Trustpilot Reviews

Trustpilot is a reputable platform when it comes to reviewing products and services.

Here is the rating that Take Profit Trader and Trade The Pool have on Trustpilot.

Trustpilot Stats Take Profit Trader Trade The Pool
Stars
Trustpilot Rating 4.8/5.0 4.1/5.0
Number of Reviews 317 16

Free Stuff

Being able to test a prop firm before we commit and purchase is a good thing. We can get used to their trading platform, and understand spreads, commissions, and rules.

Some proprietary firms also offer free repeats in some circumstances, and also free resets, to be able to reset our account before the challenge period is over, in case things are not going as we wanted.

Here’s the comparison for Take Profit Trader and Trade The Pool prop firms.

Free Stuff Take Profit Trader Trade The Pool
Free Trial
Free Repeat
Free Reset

Trading Styles

Some prop firms may be better for you than others depending on your trading style. In this table, you can see the comparison between the trading styles allowed by Take Profit Trader and Trade The Pool prop firms.

Trading Styles Take Profit Trader Trade The Pool
Scalping
Day Trading
Swing Trading
Copy Trading
News Trading
EAs/Bots/Algos Trading
Arbitrage Trading
HFT Trading

Trading Hours

Although most proprietary firms are more oriented to day trading, some allow holding positions overnight and even on weekends.

Here’s what is allowed by Take Profit Trader and Trade The Pool.

Trading Hours Take Profit Trader Trade The Pool
Holding Overnight
Holding Over Weekend

Trading Platforms

We all like to use the trading platform that we are used to. For this reason, prop firms support different trading platforms.

Here’s an extensive list of the platforms supported by Take Profit Trader and Trade The Pool.

Supported Platforms Take Profit Trader Trade The Pool
MT4
MT5
cTrader
TradingView
MatchTrader
DXtrade
Proprietary
Web
NinjaTrader
Tradovate
Rithmic
TigerTrade
OptimusFlow
InsideEdge Trader
Volfix
ATAS
Overcharts
Medved Trader
Quantower
QST
ScalpTool
TSLAB
TradeNavigator
SierraChart
MultiCharts
Photon
MotiveWave
RInvestor
Bookmap X-Ray
T4
Jigsaw Daytradr
Edgeclear
Finamark
Agena Trader
QScalp
Track N Trade
eSignal
Collective2
Trader Evolution
EdgeProX

Leverage

The leverage provided by the prop firm may be an important factor when choosing it. This is especially true for day trading or scalping, where the position size is usually significantly bigger than for swing trading.

Here’s a comparison of the leverage provided by Take Profit Trader and Trade The Pool prop firms.

Leverage CFDs Take Profit TraderTrade The Pool
Forex
Indices
Metals
Commodities
Stocks 1:1
Crypto
Leverage Futures Take Profit TraderTrade The Pool
Futures 1:1
Crypto (non-CFDs) Take Profit TraderTrade The Pool
Crypto

Payments

Proprietary firms have several ways of payment.

Here’s a table with the comparison between the payment methods accepted by Take Profit Trader and Trade The Pool.

Payment Types Take Profit Trader Trade The Pool
Wire Transfer
Paypal
Neteller
Skrill
Crypto
Credit Card
Google Pay
Payoneer
Coinbase
Binance
Revolut
Wise
Deel Card
Nuvei
Checkout.com
Confirmo
Perfect Money
PayRetailers
Paysera

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